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India must have believed Christmas had come early, as England gifted wickets away on a platter to subside to a 90-run drubbing in the Group A clash between the two teams in the ICC World Twenty20 2012 at the R Premadasa Stadium on Sunday night. Chasing India’s 170 for 4, England collapsed to 80 all ...
Till recently, the only times you heard the names Oddusuddan, Kilinochchi, Jaffna or Vavuniya was in bleak dispatches about skirmishes that took place in the North and East of Sri Lanka, with the regions bearing the brunt of a three-decade long civil war. With peace returning to the region, cricket has not been far behind, ...
Scientists have pinpointed a gene that enables rice plants to produce around 20% more grain by increasing uptake of phosphorus, an important, but limited, plant nutrient. The discovery unlocks the potential to improve the food security of rice farmers with the lowest value phosphorus-deficient land, allowing them to grow more rice to add to global ...
Mobitel, the country’s state owned mobile communication company intends to play a key role in national information and communication technology (ICT) transformation. It is going through an organisational revitalisation process in order to gear up to make a greater contribution towards national transformation led by President Mahinda Rajapaksa. Under its ‘Change to Lead.Now’ organ...
By D.C. Ranatunga Gnanavalli grew up in the Eskdale Division of Park Estate near Ragalla. Her parents were employees of the estate. She read her first letters at the Child Development Centre (CDC) in the estate. With the grounding she got there, she continued her studies until she got admitted to the Eastern University and ...
TOKYO, (Reuters): Key TOCOM rubber futures edged down on Monday, taking cues from weaker oil and Asian stock prices, with investors continuing to fret about global growth despite steps from major central banks to bolster their economies. The key Tokyo Commodity Exchange rubber contract for February delivery <0#2JRU:> was changing hands 3.4 yen lower at ...
Sri Lankan plantation industry veteran Dan Seevaratnam was awarded the Life Time Achievement Award at The Asia Pacific HRM Congress, one of the most prestigious human resource summits in the world held in Bangalore, India, last week. The award marks a significant achievement for the local plantation sector which is a people intense industry, being ...
The beautifully sculptured dancing figurines stood out striking against the milky white backdrop under a shower of golden light. Immersed partially on the wall right across were more female figures adorned by the glitter and glamour of an artistically designed creative selection of jewellery. Their dancing postures heightened by their ivory and pale golden dresses ...
World Duty Free Group (WDFG), the leading duty free operator at the Bandaranaike International Airport (BIA) along with the reputed beverage supplier, Brown Forman Worldwide, commenced another exciting mega promotion, ‘Cricket Fever 2012’ on 1 September to coincide with the ICC T20 Cricket World Cup, which will be held in Sri Lanka this September and ...
Niru Lanka (Pvt) Ltd. opened its new office at Access Towers, Union Place last Thursday, which will handle sorting and grading of diamonds and dispatching orders for customers of prestigious Niru Diamonds Ltd., Israel. The office was declared open by Gem and Jewellery Authority of Sri Lanka Chairman Prasad Galhena and the event was attended ...
Central Hospital Ltd, an internationally accredited multi-specialty hospital of the Asiri Group take pleasure in announcing, that the hospital was certified with the ISO 22000:2005 Standard for Food Safety Management with effect from 9 August. The ISO 22000:2005 Food Safety Management System Certification is the highest and most recognised food-related certification in the world. It ...
Recording a year-on-year sales volume growth of 400% in the current financial year and targeting a further 100% growth in the year ahead, Carmart, the sole distributor in Sri Lanka for Peugeot, has created a strong niche in the market and is poised for aggressive expansion in the coming year with an extremely diversified product ...
Reuters: Riskier assets fell broadly on Monday, dragging down Asian shares, copper and oil but the dollar strengthened as investors shifted their focus to weak economic fundamentals while monitoring progress in the euro zone debt bailout scheme. The MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.7%, with a 1.5% drop in its materials ...
Chartered in June 2011, Moratuwa Toastmasters installed its new officers on 26 August at the KKK Auditorium, Gorakana, Panadura. In its very first year, Moratuwa Toastmasters Club achieved the status of ‘President’s Distinguished Club’ which is the highest achievement a Toastmasters Club can achieve. The grand Installation Ceremony was conducted by Area Governor TM Gorden ....
Stuart Broad must have been gutted at his team’s implosion against spin in its Group A league clash at the ICC World Twenty20 against India, but England’s captain chose to put a positive spin on proceedings, saying he was glad the abject capitulation came in a game with not much at stake from the tournament’s ...
Standard Chartered, in furtherance of the Memorandum of Agreement (MOA) signed with Youth Business Sri Lanka (YBSL), a project of the Ceylon Chamber of Commerce (CCC), handed out micro-financing facilities to 29 young men and women of Jaffna who had been affected by the war to start up businesses, on Friday, 21 September 2012. Nine ...
There is a core team of us who has been for the past five years making it to three days a week for kickboxing and two days of strength training and some people tend to ask us how we make time to balance office and personal work. After all, we all need to work for ...
Reuters: A deeply divided and unproductive Congress wrapped up its final business before November’s elections early on Saturday as the US Senate passed a stopgap measure to fund federal programs and avoid an 1 government shutdown. The 62-30 vote on the funding bill, which now moves to President Barack Obama’s desk to be signed into ...
Leaving nobody out in the cold In India, the Rangarajan Committee on Financial Inclusion defined the concept as: “The process of ensuring access to financial services, timely and adequate credit where needed by vulnerable groups such as weaker sections and low income groups, at an affordable cost.” At the recent FutureGov SAARC Summit in Colombo, ...
Bartleet Finance PLC, which has been in the forefront of providing financial services in the Embilipitiya area, moved to a convenient and spacious location in the heart of the town to provide better services to its clients. The relocation will provide it greater opportunity to synergise with its customers and enhance their potential to grow ...
In strong signs of private sector expansion in the country, Sri Lankaandrsquo;s Company Registrar has garnered more than US$ 13.6 million (Rs 1.8 billion) in its Company Fund in on-going operations and plans to go high tech with the backing of its rich coffers.
General outlook: Light at the end of the tunnel? With US Federal Reserve’s decision to launch the third round of Quantative Easing (QE) through the purchase of mortgage backed bonds to the value of US$ 45 billion per month up to December 2012 combined with Germany’s Constitutional Court granting the green light for the country ...
Reuters: Samsung Electronics Co plans to add Apple Inc’s iPhone 5 to existing patent lawsuits against its US rival, stepping up its legal challenge to Apple as the two smartphone leaders seek to assert rights to key technologies. The fresh legal step by the South Korean group comes as Apple booked orders for over 2 ...
HELSINKI (Reuters): European Central Bank policymaker Erkki Liikanen said on Friday that setting up a European banking union would be a long-term project and it made sense in the meantime for European states to bolster fiscal cooperation. “This will not be ready overnight,” Liikanen, a member of the ECB’s Governing Council, said in a presentation ...
World Twenty20 hosts Sri Lanka are to beef up security after angry fans clashed with baton wielding police in Hambantota where the home side lost a match to South Africa, officials said Sunday. Local residents in the southern port town stormed the ground after they were told that tickets for Saturday’s match at the 35,000-capacity ...
Quality recognition for Panasonic ceiling fans distributed island wide by Softlogic A product of internationally recognised consumer electronics brand Panasonic has been awarded the Sri Lanka Standard (SLS) 814 certification, one of Sri Lanka’s most exclusive quality recognitions. Awarded by the Sri Lanka Standards Institute, the SLS certification recognises design excellence and functional ...
The CIMA Management Accountants Conference 2012: ‘Reboot your business beyond financials’ is being held today at Hotel Galadari from 8:30 a.m. to 5 p.m. With thought-provoking insights from management accounting professionals and industry leaders, the conference aims to equip Sri Lanka’s business community with best practices and techniques so businesses can be revamped to accele...
Reuters: Plans to create a European banking union risks a supervisory split between countries in the euro zone and those outside, Europe’s top bank regulator said on Wednesday, warning of his concerns about the latest plan to tackle the financial crisis. Last week, the European Commission unveiled plans for the European Central Bank to supervise ...
Previously observed proceedings of Sri Lanka’s Fonseka and Malaysia’s Anwar Ibrahim Here to observe proceedings re Rishad Bathiudeen M.P. Acted as Counsel on world’s longest sea chase incident FV Viarsa 1 The Inter Parliamentary Union (IPU) observer, Australian Queen’s Counsel Mark Trowell has arrived in Sri Lanka today morning. “I am here on behalf ...
Etisalat will use the proceeds from a US$510m stake sale in Indonesia to boost networks in core markets, the Gulf’s number two telecoms operator said on Thursday. The company, which has interests spanning Africa, Asia and the Middle East, sold a 9.1% stake in Indonesian mobile firm PT XL Axiata last week, retaining a 4.2% ...