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UNP MP Karu Jayasuriya yesterday exposed various ills of the Government, its ulterior motives in going for Provincial Council elections as well the failure to restore law and order in the country. “The attempt of the Government has come to light, to win the forthcoming Provincial Council Election by whatever means and to show that ...
- PC polls results confirm large number do not approve Govt., says Karu (Category: Breaking News)
- Hashim on UNP leadership crisis, pressing national issues (Category: Business)
- Karu’s call for justice (Category: Breaking News)
- Karu urges Govt. not to abuse state resources in run up to polls in 3 PCs (Category: Business)
By Martin Roll The last decade has seen cities, islands and countries aggressively branding themselves in order to create a resonating identity among stakeholders and build sustainable lifetime customer relationships. Country branding refers to a process in which a country claims a distinct positioning in the minds of its citizens, global customers and stakeholders. To ...
- Branding Sri Lanka (Category: Business)
- Unilever beats local blue chips in preferred employers’ survey (Category: Business)
Ever since the first aircraft was conceptualised by Leonardo Da Vinci, the dream of flight is still continuously evolving. The latest aircraft is known as the dream liner Boeing 787. There has been no end to the technological advances in aviation. The global aviation industry has since been enlarged into a multibillion dollar business and ...
- Etihad gets first Boeing 747-400 freighter (Category: Business)
- Boeing sees more 787 cancellations, still upbeat (Category: Business)
- Spotlight turns to output as Boeing wins show (Category: Business)
- Emirates receives 1,000th Boeing 777 (Category: Business)
Pakistan’s Supreme Court has ordered PM Raja Pervez Ashraf to appear before it over his failure to reopen corruption cases against the president. It comes two months after Mr Ashraf’s predecessor, Yousuf Raza Gilani, was found guilty of contempt over the same issue and disqualified from office. There has been a long-running standoff between the ...
- Pakistan, Sri Lanka ties historic - Prime Minister Raja Pervez Ashraf (Category: Breaking News)
- Pakistan judges order new PM to reopen graft cases, risking conflict (Category: Business)
- BCCI invites PCB chief for IPL final in Chennai (Category: Business)
- Former power minister new Pak PM (Category: Business)
By Chamitha Kuruppu UNP Parliamentarian Sujeewa Senasinghe yesterday filed a Fundamental Rights case against the Central Bank Governor at the Supreme Court challenging the prudence of Greek bond investments. Speaking to the Daily FT MP Senasinghe said, “I am seeking an interim injunction for them (the Central Bank) not to invest any more money ...
- Central Bank makes substantial gains in reserve management (Category: Business)
- Sri Lanka central bank defends FX reserve management (Category: Breaking News)
- Senior minister defends Sri Lanka Central Bank's investment in Greek bonds (Category: Breaking News)
- Central Bank defends investment in Greek bonds (Category: Breaking News)
What do you mean by performance? The accomplishment of a given task measured against preset known standards of accuracy, completeness, cost, and speed. In a contract, performance is deemed to be the fulfilment of an obligation, in a manner that releases the performer from all liabilities under the contract. Performance management Performance Management (PM) includes ...
- Getting induction right (Category: Business)
- Measuring the impact of HR (Category: Business)
- Techniques for managing superior talent (Category: Business)
- How to develop an effective marketing plan (Category: Business)
Tea is our pride, for which we can be proud of for the reason that it is the best tea on the globe. It is the duty of every Sri Lankan, especially the diplomatic missions worldwide, to defend and promote our silver inherited as much as the beauty of Sri Lanka which is matchless. Sri ...
- Hub is no hoodoo, says TEA (Category: Business)
- Sri Lanka secures direct access to fifth largest global buyer of Pure Ceylon Tea (Category: Business)
- Local tea industry in a fix (Category: Business)
- Storm in Sri Lanka’s teacup: A more pragmatic approach is key (Category: Business)
HONG KONG (Reuters): Italian fashion house Prada SpA, which competes with Louis Vuitton and PPRs Gucci, posted a 36.5 per cent jump in first-half revenue, buoyed by strong growth in Asia, with sales driven mainly by its Prada and Miu Miu brands. Revenue for the six months ended in July rose to 1.55 billion euros ...
- Massive increase in sales for Iluka (Category: Western Australia)
- Broken promise on school zones (Category: AU, New South Wales)
- Luxury Stock (Category: Business)
- Council's fine goldmine (Category: Australia, Queensland)
Reuters: Indian Finance Minister P. Chidambaram sought on Monday to allay investor worries about an economy growing at its weakest pace in almost a decade by pledging to address their concerns over taxes, public finances and interest rates. In his first comments since becoming finance minister on July 31, Chidambaram said it was important to ...
- Indian Finance Minister urges officials not to hound taxpayers (Category: Business)
- Surprise industrial slump adds to India’s economic woes (Category: Business)
- India’s growth will be weaker than expected (Category: Business)
- May revise India growth forecast for 2011-12 to 6.5%: Moody’s (Category: Business)
LONDON (Reuters): InterContinental Hotels, the world’s biggest hotelier, cheered investors by promising to return $1 billion to them funded from the planned sale of a New York hotel and added its flagship London Park Lane hotel is set to be next on the block. The British-based group, home to the Crowne Plaza, Holiday Inn as ...
- Style on a budget is key in European hotels battle (Category: Business)
- London puts hotel rooms back on the market (Category: Business)
- InterContinental to launch new brand (Category: Business)
- Kandy Hotels in JV to build 100 room new hotel for Rs. 1.2 b (Category: Business)
With US$ 500 m capital infusion national carrier ready for stronger take off By Cheranka Mendis Sri Lanka’s national carrier SriLankan Airlines and budget carrier Mihin Lanka are growing despite challenges and are no longer loss-making entities, SriLankan Airlines Chairman Nishantha Wickremasinghe said. Hosting a group of journalists around the SriLankan base in Katunayake, Wickremasinghe .....
- SriLankan Airlines’ IAA completes first TAASL member agent training program (Category: Business)
- SriLankan goes daily to Beijing, Shanghai from mid-July (Category: Business)
- SriLankan lauded for role in tourism promotion (Category: Business)
- House of SriLankan Airlines chairman robbed (Category: Breaking News)
The Central Bank is expected to keep interest rates steady for a fourth straight month on Tuesday as a spike in inflation to a 42-month high complicates its efforts to bolster cooling growth. All 11 analysts polled by Reuters expected repurchase and reverse repurchase rates to be left unchanged at 7.75% and 9.75% respectively. Both ...
- Inflation decelerates (Category: Breaking News)
- Sri Lanka Inflation Rate Rises, Leaving Less Room to Hold Rates (Bloomberg) (Category: Breaking News)
- Sri Lanka Keeps Interest Rates Unchanged for Growth (Update2) (Category: Breaking News)
- Sri Lanka Keeps Interest Rates Unchanged for Growth (Update2) (Category: Breaking News)
D.E.W. Gunasekara says it is routine with 2010 Annual Report as subject; Ravi K says will take up reversed NSB-TFC deal and other stock market illsThe Chairman and Commissioners of the Securities and Exchange Commission (SEC) will appear before the Committee on Public Enterprises (COPE) today when Opposition is likely to query on ill doings ...
- NSB-TFC deal: CID questions Kariyawasam (Category: Business)
- A comprehensive investigation is underway on TFC-NSB deal – SEC (Category: Breaking News)
- NSB’s custodial role suspended, Sampath clears Friday settlements (Category: Business)
- NSB Head gives quit notice (Category: Business)
In Sri Lanka to empower and enlighten Sri Lanka’s business community and budding entrepreneurs, Chair Emeritus and board member of the MIT/Stanford Venture Lab Gigi Wang will host a seminar titled ‘Success drivers of Silicon Valley – venture capital, investment and business opportunities for Sri Lanka’ tomorrow in collaboration with Infotechs Ideas. Speaking to the ...
- Internet pioneer and Silicon Valley insider Gigi to hold top seminar on 8 Aug. (Category: Business)
- Growth Plan for Sri Lanka (Category: Breaking News)
Chooses re-built Jaffna Library for his first book presentation in Sri LankaThe series of books being authored by leading public interest activist and reputed professional consultant Nihal Sri Ameresekere on real case studies, dealing with subjects of fraud, corruption, economic crime, public finance, governance and the rule of law, recently reached a number of 12 ...
- Nihal now a member of American Bar Association (Category: Business)
- Nihal Sri writes to President’s Office on SEC (Category: Business)
- The Jaffna Library (Category: Business)
- Justice.lk goes live on 8 Sept (Category: Business)
The Pathfinder Foundation (PF) welcomes IMF Country Director Dr. Koshy Mathai’s call for increased exports to India and China. Dr. Mathai, in his keynote address at the Annual General Meeting of the Exporters’ Association, stressed two interlinked themes that have been the subjects of several previous Economic Flashes and Economic Alerts: the decline in Sri ...
- Accelerating inclusive growth: The role of the external sector (Category: Business)
- Lanka’s exports to Singapore clock highest growth in 1H (Category: Business)
- What’s happening to India’s growth drivers: Exports? (Category: Business)
- Sri Lanka’s trade success in EU markets is not accidental, says Rishad (Category: Business)
Playing off India against China and vice versa‘The Great Game’ was the name given to a diplomatic and military tussle between the British and Russian empires during the time of the British Raj in India for influence over what constitutes today’s central Asian states. Commonly known as the ‘Stan states,’ they were located along the ...
- Fearing political pressure, Sri Lanka president wants to avoid trade integrations with India (Category: Breaking News)
- Sri Lanka is no pearl on China’s string: President (Category: Business)
- From defence sales to electricity grids, India upgrades Lanka ties (Category: Business)
- In bid to counter China, US ramps up effort to boost military ties in Asia (Category: Breaking News)
Reuters: Asian shares rallied to a three-month high and the euro touched a one-month high against the dollar on Monday, as a stronger-than-expected U.S. jobs data and emerging optimism for European action on the debt crisis bolstered risk appetite. But caution is likely to remain until concrete measures are taken, which may be weeks away, ...
- World stocks off early highs ahead of US jobs (Category: Business)
- Asian shares fall on European political uncertainty (Category: Business)
- Europe woes weigh on shares, euro; US job data eyed (Category: Business)
- Shares, euro dip on Europe; French bond auction eyed (Category: Business)
Reuters: State-owned Ceylon Petroleum Corporation (CPC) on Saturday took Vitol, the world’s largest oil trading firm, off its supplier list, believing diesel supplied by the firm had damaged vehicles. Vitol rejected the allegation and said the cargo in question was tested in accordance with international standards by CPC inspectors before it was discharged. Petroleum Minister ...
- Vitol Group refutes allegations on inferior diesel fiasco (Category: Business)
- Vitol fumes over continuity in alleged discrimination by CPC (Category: Business)
- Vitol denies charges of contaminated diesel (Category: Breaking News)
- CPC seeks 310,000 barrels gasoil, gasoline (Category: Business)
A farewell dinner was organised by the Sri Lanka-Russia Business Council of the Ceylon Chamber of Commerce for Vladimir Mikhaylov and Madam Mikhaylov in recognition of the yeomen services rendered by Mikhaylov during his tenure as the Patron of the Council. The event was held on 6 July 2012 at the Dukes Court, Cinnamon Lakeside ...
- Seminar on ‘Bilateral Trade with Russia’ (Category: Business)
- Russian envoy calls for stronger SL-Russia ties (Category: Breaking News)
- SriLankan Airlines launches flights to Moscow today (Category: Business)
- Surprised by the language used in report and baseless allegations - Mikhaylov (Category: Breaking News)
The following is a statement issued by Vitol Group regarding allegations on inferior diesel supplies which has caused a crisis among motorists: The Vitol Group of Companies strongly refutes any allegation that the cargo of Diesel supplied under tender BKl35l2O12 and discharged at Dolphin Pier on 22 July is responsible in any way for the ...
- Now, CPC claims diesel clean as Harry J comes under AG s probe (Category: Breaking News)
- Govt. delists world’s largest oil trader Vitol over inferior diesel fiasco (Category: Business)
- Vitol denies charges of contaminated diesel (Category: Breaking News)
- Vitol fumes over continuity in alleged discrimination by CPC (Category: Business)
The Tamil National Alliance (TNA) says the people in the Eastern Province should not be fooled by false promises of the governing United People’s Freedom Alliance (UPFA). TNA Leader R. Sampanthan has said that the only intention of the Government was to show the international community that the Tamil speaking people are with them through ...
- TNA awaits talks with MR (Category: Breaking News)
- Tamil people of Sri Lanka do not want a Tamil Eelam as a solution - major Tamil party (Category: Breaking News)
- Sri Lanka Tamil party legislator to join government (Category: Breaking News)
- TNA to invite PLOTE for discussions with govt. (Category: Breaking News)
Reuters: The death of author Gore Vidal at the age of 86 brought tributes from around the globe on Wednesday, as friends and fans mourned the passing of the man remembered as one of America’s literary giants. Vidal, whose biting observations on politics, sex and American culture in novels, plays and essays made him one ...
- Destination not only driving force in travel industry (Category: Business)
- Gets Oscars presenting gig (Category: Business)
- Pepsi pushing people to ‘Live For Now’ (Category: Business)
- Muhammad Ali trainer Dundee dies at 90 (Category: Business)
Top apparel exporter Brandix partnered with banking giant HSBC to assist more than 600 families facing severe hardship in Sri Lanka’s dry zone due to the prevailing drought. Working with local councils and officials of ‘Grama Niladhari’ Divisions, the two corporate entities have funded the transport of water to needy families in six villages in ...
- Brandix Group makes largest blood donation of 2011 (Category: Business)
- Brandix launches ‘Jalavahini’ to empower women in water management (Category: Business)
- The importance of river basins in driving global growth to rocket (Category: Business)
Indo-Sri Lanka relations have always been interesting not only because of their implications but also given the way in which they change. Economic relations have always been important because India is Sri Lanka’s largest trade partner and the visit of the Indian Commerce Minister together with 105 company representatives has opened new opportunities for the ...
- Different Obligations (Category: Business)
- Alufab goes to India (Category: Breaking News)
- Another chance for CEPA? (Category: Business)
Reuters: A visibly shaken Kofi Annan admitted defeat in his attempts to bring peace to Syria on Thursday, but – perhaps keen to protect his legacy from the taint of another genocide – laid the blame for the failure on the big powers that claim to back him. Syria was the best chance for Annan, ...
- UN says Syria civil war “imminent,” West urges sanctions (Category: Business)
- UN observers begin to leave Syria as their mission ends (Category: Breaking News)
- Frustrated Annan quits as Syria peace envoy (Category: Business)
- Syria on brink of sectarian civil war, West says (Category: Business)
Can one imagine how long it took a ship to arrive from London to Colombo five centuries back? Now it takes only a couple days to courier a special package to any part of the world and a full file of any amount of documents could be sent to any part of the world in ...
- Hub is no hoodoo, says TEA (Category: Business)
- EDB turns 33 (Category: Business)
- Public diplomacy: A missing dimension in our foreign policy (Category: Business)
- Insights on Public Diplomacy (Category: Business)
By Shanuka Tissera Sumit Ganguly is a Professor of Political Science and holds the Rabindranath Tagore Chair in Indian Cultures and Civilisations at Indiana University, Bloomington. He has been a Fellow and a Guest Scholar at the Woodrow Wilson International Centre for Scholars in Washington DC and serves on the editorial board of numerous boards ...
- Away test failures puncture Dhoni’s leadership aura (Category: Business)
- I will start training in a week or two: Yuvraj (Category: Business)
- South Asia on the move (Category: Business)
Reuters: The International Monetary Fund on Thursday called for a “policy game changer” in the euro zone to arrest the spread of the debt crisis it now says is clearly engulfing the entire currency bloc and its smaller neighbors. An IMF spillover report that looks at how the economic policies of the so-called systemic five ...
- European stocks rise ahead of ECB meeting (Category: Business)
- IMF seeks more funds; G20 to discuss (Category: Business)
- Euro zone crisis heads for September crunch (Category: Business)
- Euro zone crisis set to dominate G20 meeting in Paris (Category: Business)
Reuters: Asian shares and the euro fell on Friday as investors shunned risk after the European Central Bank took no immediate action and only hinted at future steps to tackle the euro zone’s fiscal woes, following similar inaction from the U.S. Federal Reserve. Investors also have reasons to be more cautious ahead of a key ...
- Asian stocks up on Europe optimism, credit (Category: Business)
- Asian stocks post weekly gains on Central Bank fix (Category: Business)
- Stocks, commodities, euro sink on EU summit doubts (Category: Business)
- Asian shares fall on growth worries despite cuts (Category: Business)
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