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The ‘Speed Championship 2012’ round three organized by Asian Motor Racing Club is scheduled to be worked off at the Speed Drome Pannala on October 14 from 8.30 a.m. The two rounds held earlier has not shown any driver with a clear indication of the championship except for the SL-GT Cars up to 3500cc where ...

- 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 ...

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(Reuters):Sri Lanka could turn to uncapped teenager Akila Dananjaya if spinner Ajantha Mendis fails to recover from injury in time for the World Twenty20 Super Eight game against New Zealand at Pallekele on Thursday. “He’s certainly very close to playing,” Sri Lanka coach Graham Ford said on Wednesday. “He was probably going to play against ...

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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 ...

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DUBAI (Reuters): DP World Ltd., the world’s third-largest port operator, has sold some non-core operations in Belgium as part of a series of disposals of assets in developed countries. The value of the assets sold was $61 million, DP World said in a bourse statement. The group, one of the more profitable parts of debt-laden ...

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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 ...

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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

YPSILANTI, Mich. (Reuters): Honda Motor Co needs the next generation of its bread-and-butter mid-sized car, the Accord, to be a hit in the United States. The Japanese automaker is counting on the 2013 Accord, being launched this month, to recapture share in the U.S. market’s largest and most competitive segment. Rivals are not standing still, ...

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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 ...

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The SLASSCOM Quality and Business Excellence Summit 2012 was held with the aim of bringing together the CXOs and the quality practitioners of Sri Lanka’s IT-BPO industry, recently at Cinnamon Lakeside, Colombo. The summit focused on ‘Quality as Value Arbitrage for Growth’ emphasising on the significance of  inculcating quality as an attribute of personal excellence ...

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Reuters: When the Nissan Motor Co compact sedan Sentra rolls into U.S. showrooms in the fourth quarter, consumers may notice that it looks a lot like its bigger stable mate, the recently introduced Altima. Nissan is pinning expectations of increased Sentra sales for the all-new Sentra in part on the more aerodynamic design and resemblance ...

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By Lakmal Sooriyagoda Filing a further investigations report in Court in connection with the Ceylinco F&G Real Estate case, the CID told that the written statements of the depositors and company directors had been sent to Attorney General for his advice.   Meanwhile, the CID further informed Court that on an order issued by Court, ...

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

From left: President of Ford Asia Pacific and Africa Joe Hinrichs, Ford Motor’s CEO Alan Mulally, Group Vice President, Global Marketing Sales and Service of Ford Jim Farley, Chairman and CEO of Ford Greater China Dave Schoch pose with a Lincoln MKZ Concept car in Beijing in this handout photo provided by Ford Motor (China) ...

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

All 12 men’s squads for the ICC World Twenty20 Sri Lanka 2012 have now been confirmed with the very best players in the world getting ready for the big event, which gets underway in Sri Lanka next month.  Defending champion England will be led by Stuart Broad and features a strong line-up that includes, eight ...

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 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 ...

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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 ...

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A historic battle took place in the Kande Uda Rata Rajadhaniya, in the course of one of the many invasions by the Western colonial powers who once occupied what was known as the Maritime Provinces of Lanka, at the site of the ford at Wagolla village, a crossing point of the Mahaweli river on one ...

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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 ...

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Reuters: Ford Motor Co said recently its 2013 C-Max Hybrid crossover surpassed Toyota Motor Corp’s Prius V on fuel economy, with EPA ratings of 47 miles per gallon in the city and on the highway. The Prius V is rated by the US Environmental Protection Agency at 44 mpg in city driving and 40 mpg ...

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FARMINGTON HILLS, Michigan (Reuters): Nissan Motor Co unveiled a new 2013 model of its Pathfinder on Friday that it hopes will improve the current version’s lagging performance among large sports utility vehicles in the US market. The new Pathfinder will be 300 to 500 pounds lighter than the 2012 versions, depending on which options consumers ...

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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 ...

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London, United Kingdom; Olympic photographs of past performances are projected onto the Palace of Westminster with Big Ben (right) on the bank of the River Thames in the City of Westminster during the 2012 London Olympics. Rob Schumacher-USA TODAY Sports/ Reuters

- 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 ...

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Reuters: Chinese President Hu Jintao on Thursday offered $20 billion in loans to African countries over the next three years, boosting a relationship that has been criticised by the West and given Beijing growing access to the resource-rich continent. The loans offered were double the amount China pledged for the previous three-year period in 2009 ...

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

YOKOHAMA, Japan (Reuters): Nissan Motor on Monday unveiled its second-generation Note model, aiming to boost the distant laggard in Japan’s compact car market led by Toyota and Honda. Nissan sold 46,475 Note vehicles in Japan in 2011, trailing in 13th place in sales of Japanese cars above 660 cc. Honda sold 207,882 Fit vehicles, ahead ...

- 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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The Pacific Asia Travel Association (PATA) hosted the PATA Hub City Forum, London, 5 July at the Institute of Directors in Pall Mall. The objective was to engage on a variety of strategic matters including UK border issues, inward investment for the UK, Heathrow Airport, crisis response, the 2012 Olympic impact, and the UK’s controversial ...

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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 ...

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DHL Global Forwarding, Freight, the air and sea freight specialist within Deutsche Post DHL and a leading provider of road freight services in Europe, has recently launched an intercontinental door-to-door distribution service from Asia-Pacific to Europe, building on the success of its DHL Door-To-More service intra-Asia Pacific. DHL Door-To-More combines DHL’s intercontinental air freight t...

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

Key insights to exploring opportunities for enhancing business performance will be shared during a breakfast session on 13 July from 8a.m. to 10.30a.m. at Cinnamon Lakeside. Organised by Experform, the breakfast forum will have past CIMA Global President Aubrey Joachim as keynote speaker and author and Penco Managing Director Alireza Sarraf as the solutions expert. ...

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