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Reuters: If anyone doubted Mark Webber’s desire to stay in Formula One next year, the Australian Red Bull driver made his position very clear after scorching to victory in the British Grand Prix on Sunday. His second win of the season, and second career victory at Silverstone, firmed up his title challenge and cut Fernando ...
Recently popular trade journal Auto Express of UK via the June issue announced the finest models in 18 categories and crowned its Car of the Year for 2012. It said today’s models are better to drive, more efficient and greater value than ever, and awards highlight the top buys in 18 categories, from city cars ...
UNP MP Karu Jayasuriya has called for the Opposition parties to unite to abolish the Executive Presidency saying it was the singular enemy of Sri Lanka. Here is the full text of Jayasuriya’s statement: Everything that presently ails Sri Lanka hinges on a single factor – the Executive Presidency that concentrates all power in the ...
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 ...
Let me begin my thoughts with a quote generally attributed to Ralph Waldo Emerson: “Build a better mousetrap and the world will beat a path to your door.” The argument goes that if you have a superior product, then customers would seek you out. Is Ceylon Tea good enough for the world to beat a ...
Round four of the AMRC Formula Championship 2012 organised by the AsianMotor Racing Club will be worked off at Pannala Race Circuit on 1 July. The races are scheduled to commence at 9a.m. with qualifying in the morning session and the race in the afternoon. The events are Formula Mclarens 1300cc, Ford Formula 1600cc and ...
Worldwide expert in the field of high-tech Lubricants, Motul, along with Dynamic Motors Limited, launched the latest evolution of its 300V Ester Core range of Products on Saturday 9 June, in Colombo, amidst a large and distinguished gathering from the corporate sector, motor racing arena and foreign delegates. Dynamic Motors Limited has been appointed as ...
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 ...
The CEAT Racing Team continued its strong showing on Sri Lanka’s motor racing circuits, with seven podium finishes in the six races it competed in at the Cavalry Supercross at Pangolla. Riding ace Gayan Sandaruwan took first place in two races (Group MX – Motorcross Bikes up to 125 cc-2T and up to 250 cc-4T) ...
A laudable goal that needs much more workSocial justice to be the Government’s development philosophy The development philosophy of the present Government, as pronounced in the Annual Report of the Ministry of Finance and Planning for 2011 released two weeks ago, is a blend of social justice with economic progress (p 14). This is a ...
Bollywood superstars Sameera Reddy, Bipasha Basu and Sohail Khan arrived in the island to perform at the Carlton Rugby 7s closing ceremony on June. During this period the stars were hosted at the Taj Samdra Hotel. Sameera Reddy is an actress and trained Indian classical dancer debuted in a music video that got her noticed ...
The 5th consecutive Nations Trust American Express Golf Extravaganza concluded at the Royal Colombo Golf Club recently with the participation of 230 players. A major portion of the participants were customers of Nations Trust Bank and American Express Card members. This event is held annually with the objective of interacting and enhancing customer relationships across ...
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 ...
Government’s commitment: Will improve state enterprises The Annual Report of the Ministry of Finance and Planning for 2011, just released, has, among many others, one important positive message for the nation. It has reiterated the Government’s commitment, as it had done earlier too, to improving the performance of what it calls State Owned Business Enterprises ...
The Securities Exchange Commission has introduced some new rules to curb a repeat of the type of wrongful practice that seems to have prevailed in the NSB purchase of shares in the Finance Company. It must be stated at the outset that rules for public institutions should be rigorous because they are owned by the ...
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 ...
ESPNcricinfo: Former Sri Lanka coach Geoff Marsh has sent a letter of demand to Sri Lanka Cricket (SLC) after he was sacked just three months into his two-year contract. Sri Lanka Cricket, reacting to Marsh’s letter, said it had taken the appropriate steps prior to terminating his services. Confirming it had received Marsh’s letter, Sri ...
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 ...
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 ...
DETROIT (Reuters): Major automakers will launch new models through 2016 in the United States at a faster pace than in the last two decades, according to a Bank of America Merrill Lynch report. New models draw more traffic to showrooms, which can boost a company’s market share, profit and stock price. Automakers are expanding their ...
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 ...
By Cassandra Mascarenhas There is now a growing belief that there should be better representation of marketing experts on corporate boards, both in Sri Lanka and globally. To discuss the importance of a marketer’s role at board level, the Sri Lanka Institute of Directors in partnership with the Chartered Institute of Marketers Sri Lanka Region ...
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 ...
Florida plus Caribbean equals spicy fusion cuisine, to quote the Rob Report, “At its best, New Floribbean cuisine is bright, colourful, and tantalising. It’s a marriage of the familiar and the unfamiliar. The complexity of the spices and soft fruit and citrus flavours can be a bit daunting at first, but then again, no great ...
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 ...
LONDON (Reuters): When it comes to sporting the name of their favourite Premier League player on the back of a replica shirt, Manchester United striker Wayne Rooney is officially the most popular choice of fans around the world. Global sales data from Sporting iD, who determined the top five by the number of player names ...
In their first outing as members of the newly-formed CEAT Racing Team, two drivers and the lone motorcyclist achieved podium finishes at four of the five races they competed in, at the Fox Hill Supercross on 21 April. Lt. Colonel Duminda Jayasinghe (Group SL N Ford Laser/Mazda 1500 cc) and W.A.G Rangana (Group SL Cars ...
Bartleet Finance Plc has announced the appointment of veteran financier S. Sirikannathan to its board as a Non Executive Director. ‘Sri’ as he is affectionately known, counts over 40 years of audit experience and was the engagement partner in audits of star-class hotels, conglomerates, development organisations, multinational banks, finance companies and several listed companies....
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 ...
REUTERS : Citroen’s Sebastien Loeb chalked up the 70th victory of his world championship career on Sunday after winning Rally Argentina for the seventh year in a row. Victory was entirely predictable for the eight-times world champion after Citroen ordered his Finnish team mate Mikko Hirvonen to hold position and not challenge the Frenchman for ...