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- www.ft.lk - Category : Business - Relavancy : 1.0

Reuters: Sri Lanka beat New Zealand via Super Over in the first Super Eight stage match of the Twenty20 World Cup at the Pallekele International Cricket Stadium on Thursday. Opting to bat first, New Zealand posted 174 for seven wickets after Rob Nicol (58) and Martin Guptil (38) had provided them a strong start. Sri ...

- www.ft.lk - Category : Business - Relavancy : 1.0

Pakistan, a team with fantastic pedigree at the ICC World Twenty20s; New Zealand dependent on one or two key players – usually good for a scrap, but not always a serious contender against the big teams. The two sides played to reputation at the Pallekele International Stadium on Sunday afternoon, where some solid hitting in ...

- www.ft.lk - Category : Business - Relavancy : 1.0

By Thalif Deen UNITED NATIONS (IPS): If the developing world fails to meet the targets set in the eight Millennium Development Goals (MDGs) – relating mostly to poverty, hunger, education, health care, gender empowerment and the environment – the primary blame for the failure would be on Western donors who have reneged on their aid ...

- www.ft.lk - Category : Business - Relavancy : 1.0

Reuters: Yuvraj Singh was denied a fairytale comeback from serious illness as New Zealand beat India by one run in a see-saw Twenty20 International to win the two-match series on Tuesday. Brendon McCullum’s 55-ball 91 lifted New Zealand to a total of 167 for five and India finished on 166 for four to give the ...

- www.ft.lk - Category : Business - Relavancy : 1.0

A salutary reader interest on share market regulation A reader of the previous week’s My View titled ‘SEC: Not a mere watchdog, but a bloodhound mandated to bite’ has raised an important issue with this writer. He has asked the question why it is necessary to have a regulator to police the financial markets and ...

- www.ft.lk - Category : Business - Relavancy : 1.0

 Commissioners given freedom to decide future course with regard to DG post Dr. Jayasundera says top professionals picked to give leadership to a sound capital market growth Priyantha and Sujeewa served as Commissioners under Indrani Sugathadasa as well Opposition and certain market segments decry choice of men given their conflicting roles By Nisthar Cassim Likely ...

- www.ft.lk - Category : Business - Relavancy : 1.0

Last week I had the opportunity of meeting the Maldivian business delegation that was in Sri Lanka with their Head of State to sign a series of bilateral agreements with the Government of Sri Lanka. One CEO of a large resort chain in the Maldives said the climate change issues that the Maldives is up ...

- www.ft.lk - Category : Business - Relavancy : 1.0

BOSTON (Reuters): A team of top hackers working for Intel Corp’s security division toil away in a West Coast garage searching for electronic bugs that could make automobiles vulnerable to lethal computer viruses. Intel’s McAfee unit, which is best known for software that fights PC viruses, is one of a handful of firms that are ...

- www.ft.lk - Category : Business - Relavancy : 1.0

Emirates’ A380 route network has extended to the Netherlands with the launch on 1 August of services to Amsterdam. Emirates is the first carrier to offer a scheduled A380 service to the Netherlands, after just two years since its first flight to Amsterdam. The double decker will operate as EK 0147, departing Dubai to Amsterdam ...

- www.ft.lk - Category : Business - Relavancy : 1.0

Hambantota (Sri Lanka): A rejuvenated India would look for a winning start to the new season but the task would be easier said than done against a strong Sri Lanka as the two sides clash in a five-match ODI series starting here tomorrow.  Barring the Indian Premier League, Mahendra Singh Dhoni’s India have not been ...

- www.ft.lk - Category : Business - Relavancy : 1.0

The International Fiscal Association Sri Lanka (IFASL) branch will hold a seminar on Taxation at the Hotel Ramada on 7 August from 9a.m. to 100 p.m. The objective of the seminar will be for the participants to receive firsthand information about the amendments to the Inland Revenue Act, Value Added Tax Act and other Acts ...

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REUTERS: New Zealand bowled out West Indies for just 161 to earn an 88 run win, their first victory on their tour of the Caribbean, in the third one day international in St.Kitts on Wednesday. After suffering defeats in the two Twenty20 internationals in Florida and then the opening two one-dayers, the Black Caps needed ...

- www.ft.lk - Category : Business - Relavancy : 1.0

Reuters: Romney or Obama? Republican or Democrat? The U.S. presidential election may inflame voter passions, but based on past experience, whoever wins the world’s most powerful elected office isn’t likely to move the dollar. The U.S. dollar’s performance over the past 40 years shows little relation to the party holding the presidency and more to ...

- www.ft.lk - Category : Business - Relavancy : 1.0

Ford Motor Company unveiled the highly anticipated all-new Ford Ranger at the Ceylon Motor Show 2012, where Sri Lankan consumers will be able to see and experience the redesigned vehicle for the first time. The class-leading compact pickup truck has been completely reinvented, offering superior performance, safety, technology and quality. Ford returns to the Ceylon ...

- www.ft.lk - Category : Business - Relavancy : 1.0

NEWCASTLE, Australia, (Reuters): Greig Laidlaw kicked a penalty against a fierce wind two minutes after the siren to give Scotland a stunning 9-6 victory over Australia in atrocious weather on Tuesday. A match rendered almost a farce by gale-force winds and torrential rain looked destined to end in a draw until Scotland were awarded a ...

- www.ft.lk - Category : Business - Relavancy : 1.0

BRUSSELS (Reuters): Rising tensions with India and China over the European Union’s “arrogant” law on carbon emissions could rob the region of the markets that can rescue it from economic malaise, airline leaders said last week. They also said they had prepared contingency plans for a possible exit of Greece from the euro, as part ...

- www.ft.lk - Category : Business - Relavancy : 1.0

CHENNAI (TrustLaw): Indian villager Jaya places the bright pink, sequined, moulded C-cupped designer bra under the needle of her sewing machine and carefully stitches the seams together. The padded “Very Sexy” push-up bra which 22-year-old Jaya sews is for American lingerie retailer Victoria’s Secret – designed to give a “boost” to buyers in hundreds of ...

- www.ft.lk - Category : Business - Relavancy : 1.0

Round two of the Speed Championship 2012 organized by Sri Lanka Motor Cycle Club will start off on May 27 at the Pannala International Circuit commencing at 9.00a.m. Speed Championship 2012 round two will see all leading drivers and riders get involved in a battle to take the lead which is vital for them to ...

- www.ft.lk - Category : Business - Relavancy : 1.0

Top professional Nirmal Fernando has been appointed to the Board of Directors of Watawala Plantations Plc with effect from 17 May. Fernando is a Fellow Member of the institute of Chartered Accountants, Sri Lanka (FCA) and holds a Masters Degree in Business Administration (MBA) from IMD (Lausanne). He recently retired from the position of Managing ...

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- www.ft.lk - Category : Business - Relavancy : 1.0

Sri Lanka’s best-selling radial tyre brand CEAT has consolidated its position in the market by adding three new sizes with improved performance features. The company said the introduction of three new CEAT radials sub-branded ‘Milaze’ increases the number of sizes in the brand’s car radial segment to eight, and more options are expected in the ...

- www.ft.lk - Category : Business - Relavancy : 1.0

Reuters: Asian shares fell for a second successive day on Friday as another batch of lacklustre U.S. data stoked concerns that the recovery in the world’s biggest economy is faltering. The euro was steady after a bumpy session on Thursday, when European Central Bank chief Mario Draghi gave a more upbeat assessment of the region’s ...

- www.ft.lk - Category : Business - Relavancy : 1.0

LONDON (Reuters): The dollar fell to a two-month low against a basket of currencies on Monday, weighed down after modest first quarter growth in the US economy kept alive chances of further monetary easing by the Federal Reserve. The dollar is likely to come under more pressure if data, including US jobs numbers, this week ...

- www.ft.lk - Category : Business - Relavancy : 1.0

The economy grew at 8.3% last year, the highest-ever pace, up from 8.0% in 2010. Per capita income went up from US$ 2,400 to $ 2,836. Fine, but we need to ask two questions: What are the costs incurred? Is this growth sustainable? Before that, a word of caution regarding the interpretation of Gross Domestic ...

- www.ft.lk - Category : Business - Relavancy : 1.0

REUTERS: Global growth is slowly improving as the US recovery gains traction and dangers from Europe recede, but risks remain high and the situation is very fragile, the International Monetary Fund said on Tuesday. Another flare-up of the eurozone sovereign debt crisis or sharp escalation in oil prices on geopolitical uncertainty could disrupt a world ...

- www.ft.lk - Category : Business - Relavancy : 1.0

Reuters: Swedish auto brand Volvo has hired New York Knicks star Jeremy Lin, who has electrified basketball fans around the world, to help sell its luxury cars in China and the United States.  Lin signed a two-year contract to appear in advertisements and act as a brand ambassador for Volvo, owned by China’s Geely, parent ...

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SINGAPORE (Reuters): Asian equities hit a one-week high on Tuesday, holding firm in the wake of recent signs of improvement in the U.S. economy, while the yen rose after the Bank of Japan kept monetary policy steady. The BOJ, which surprisingly eased policy last month, kept interest rates unchanged at a range of zero to ...

- www.ft.lk - Category : Business - Relavancy : 1.0

Ford this week announced the winning project under their Environmental Conservation and Grants program in Sri Lanka. The ‘Fire Prevention in Knuckles Forest Reserve’ project was selected as the winner after heavy jury examination and will receive up to $ 10,000 from Ford Motor Company to implement their proposal. Ford Motor Company’s Conservation and Environmental ...

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HLB International, the international network of accounting firms, is holding its 2012 Indian Sub-Continent Meeting in Colombo, Sri Lanka. The event, taking place from 29 February until 3 March, will focus on regional development and business opportunities in the Indian Sub-Continent. HLB Edirisinghe & Co., Chartered Accountants will be faciliating this year’s conference here in ...

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- www.ft.lk - Category : Business - Relavancy : 1.0

Napier (AFP): New Zealand crushed Zimbabwe by 202 runs in the final one-day international in Napier on Thursday to complete a 3-0 series whitewash over the out-classed tourists. Zimbabwe again failed to fire as New Zealand, inspired by a man-of-the-match century from skipper Brendon McCullum, plundered 373-8 in their 50 overs and then routed the ...

- www.ft.lk - Category : Business - Relavancy : 1.0

EDINBURGH (AFP): Scotland are so confident of playing Wales at their own game in a Six Nations clash in Cardiff on Sunday, they’ve asked for the Millennium Stadium’s roof to be closed in a bid to ensure ideal conditions. Many pundits believe Scotland’s best chance of winning in the Welsh capital for the first time ...

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