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Sri Lankaandrsquo;s Banking Watchdog andmdash; Central Bank said with the successful completion of the US$ 2.5 billion Standby Arrangement (SBA) facility extended by International Monetary Fund (IMF), the country now has sufficient funds, but would like to have an elite anchor in the alternative in order to endorse economic management in todayandrsquo;s global conditions.
Among the 105 firms that are slated to visit Sri Lanka next week, Fortune India 500 company- Wipro, Indiaandrsquo;s third largest IT firm with US$ 4.4 billion revenue in andlsquo;11 is the latest to join the high level Indian trade and biz delegation.
Confirming buying opportunities are being missed, over 100 stocks were trading below asset value and market multiples have fallen below 10 times, according to Softlogic Stockbrokers. “We are bullish on the market over the medium to long term advising investors to accelerate accumulation so as to benefit from the expected bull run,” the broking firm ...
New Delhi : Sports broadcasting major, ESPN STAR Sports on Sunday said it has bagged multi-year broadcast rights for exclusive coverage of the Sri Lanka Premier League (SLPL) in India. The first edition of the T20 league will be played in August 2012. No financial details were disclosed. The multi-year deal includes a minimum of ...
Ceylon FTandnbsp;had the privilege of meeting exclusively Aubry Joachim who is a fellow and the past Global President of the Chartered Institute of Management Accountants UK. Aubry is currently visiting Sri Lanka and took time off with EXPERFORM in promoting their account based software.
andldquo;Every problem has a solution, especially in marketingandrdquo;
The Ceylon Hotel School Graduates Association (CHSGA) held its Annual Hoteliersandrsquo; Ball at the Oak Room, Cinnamon Grand Hotel on June 30. Only Sri Lankan to hold a professorship in hoteliering - Prof. Chandana (Chandi) Jayawardena graced the occasion as its Chief Guest.
The luxurious Lighthouse Hotel in Galle played host to the first Etisalat Android Forum to be held on Sri Lanka's Southern Coast.andnbsp; The telco who began the innovative idea of Android Forums last November have since successfully completed six forums up to now, the latest being the first in the Southern Province.
In order to uplift Sri Lankan Cinema it is vital to match up to the International standards and technology plays a key role in this venture.
Sri Lankaandrsquo;s industrial sector is expected to expand significantly this year, Industry and Commerce Minister Rishad Bathiudeen stated recently.
Sri Lanka will begin talks for fresh loans with the multilateral donor body- International Monetary Fund (IMFF) for an 'Extended Fund Facility', countryandrsquo;s banking watchdog- Central Bank of Sri Lanka, said following the receipt of the ninth and final tranche of US$ 2.5 billion Stand By Arrangement (SBA).
Former White House Communications Director to lead firm Burson-Marsteller, a leading global public relations and communications firm, today announced the appointment of Donald A. Baer as Worldwide CEO. Baer has wide-ranging executive experience across the worlds of media, communications, journalism and politics, including serving as White House Communications Director and Chief Speechwriter for Pr...
A special seminar on international education and global careers in finance has been jointly organised by Northwood University (USA) and ANC. Guest speakers from education and industry will introduce both O/Level ad A/Level students and their parents on how to best prepare for top jobs in finance. Seminar details are as follow: It’s all about ...
The Ududeniya Jamil Al Azhar Jumma Mosque board of management organised a Meelad un Nabi celebration and prize giving at the Ududeniya Muslim Maha Vidyalaya Hall recently. Here ITN Director Hashim Omar distributes a prize to a student. Sri Lanka Muslim Media Forum President N.M. Ameen, M.S. Hussain and Rsheed M. Imtiyaz were also present
Gearing up to grab international attention with new song ‘Game Over’Q: What’s happening on your end, Yashan? A: Well I’m working on my third studio album these days. I will be releasing a brand English new song this weekend titled ‘Game Over’. I am also in the process of producing a song for Shanudrie, one ...
The 21standnbsp;Annual General Meeting of the Sri Lankaandndash;Canada Business Council was held recently at the Canada Club. The Council, which focuses on the objectives of andlsquo;promoting investment, trade and joint venture between Sri Lanka and Canadaandrsquo;, is one of the 21 bilateral business councils that function under the aegis of the Ceylon Chamber of Commerce.
Sri Lanka has successfully secured the coveted rights forandnbsp;Pure Ceylon Cinnamonandnbsp;brand-name in the EU market.
The Colombo Academy of Hospitality Management at the Sri Lanka Institute of Information Technologyandnbsp;(SLIIT) recently formed an exclusive collaboration with the William Angliss Institute, a leading hospitality school in the Asia Pacific region.
Sampath Bank PLC recently launched a platinum affinity credit card to all members of the Chartered Institute of Marketing (CIM) Sri Lanka region.
Toshiba Singapore Pte Ltd through its Toshiba Mobile Computing Partners in Sri Lanka - andnbsp;John Keells Office Automation and Abans, announced last Tuesday, its latest line of smartly equipped yet affordable Satellite M800, Satellite L800 and Satellite C800 Series notebook computers.
France wants to upgrade its investment profile in Sri Lanka andmdash; and in a considerable way. The top EU trade partner is mulling Sri Lankaandrsquo;s rubber and dairy sectors in its first wave of new investments.
Sri Lanka andndash; Indonesia Business Council (SLIBC) which functions under the aegis of the Ceylon Chamber of Commerce held its 19thandnbsp;Annual General Meeting recently. SLIBC was established in 1991 with a view to promote trade, investment, tourism and services between the two countries.
The Central Bank of Sri Lanka is hosting the inaugural SAARC Public Debt Managersandrsquo; Forum on 19 and 20 July 2012 at the John Exter International Conference Hall, Central Bank of Sri Lanka, Colombo.
Impending discussion bolsters investor sentiment as Bourse value gains by Rs. 27 b; some link it to sovereign bond success The Colombo Bourse yesterday staged a mini rally sentiment wise in anticipation of a positive meeting between President and Finance Minister Mahinda Rajapaksa and capital market stakeholders today. The market’s value rose by Rs. 27 ...
Industry experts urge disillusioned local investors to ‘buy when it’s down and sell when it’s up’ In a highly volatile atmosphere and with low investor confidence in the Colombo Bourse, experts earlier this week went against the negative sentiments and instead stated that now is the time to buy. These views were aired at a ...
Sri Lanka’s elections provide much fodder for conversation and the upcoming elections, which had their date announced on Thursday, are no exception. Already there are indications that this will be an interesting poll, despite it being classified as a provincial council election, with parties taking a crack at running alone and early allegations of repression. ...
India will look to start the new season on a winning note when they clash with on-form Sri Lanka in a one-day series starting in Hambantota on Saturday. India’s cricket captain Mahendra Singh Dhoni (R) and Sri Lanka’s captain Mahela Jayawardene talk before a news conference ahead of their One Day International (ODI) cricket series ...
The Lion flag fluttered spiritedly as the 18-wheel monster truck scampered through the treacherous Australian outback. Fifty-six-year-old Zola Rajapakse worked through his 18-gear manual transmission with consummate ease. Zola and his American co-driver were locked in battle with six other drivers from England, Scotland, US and Australia for a shot at becoming the world’s toughest ...
The Lion flag fluttered spiritedly as the 18-wheel monster truck scampered through the treacherous Australian outback. Fifty-six-year-old Zola Rajapakse worked through his 18-gear manual transmission with consummate ease. Zola and his American co-driver were locked in battle with six other drivers from England, Scotland, US and Australia for a shot at becoming the world’s toughest ...
The Travel Trade Sports Club (TTSC), the leading sports club representing the travel industry in Sri Lanka has teamed up with 3CS to develop its official website. Travel Trade Sports Club President Dushy Jayaweera signed the agreement with 3CS Managing Director Sandaruwan Maddumabandara at an event held at the Ramada Hotel recently. The Travel Trade ...