Sri Lanka’s cricket chief on Friday defended the sacking of Australian coach Geoff Marsh and the selection of a new team captain, saying the changes would help usher in a new era of “cricketing excellence”. “We will reap the benefits of these changes in the fullness of time,” Sri Lanka Cricket president Upali Dharmadasa said ...

PTI: Mahela Jayawardene, on Thursday, said he has taken up the Sri Lanka captaincy for a short term and rejected rumours that there was an internal bickering in the side. “I took up the captaincy once again, for one-year. Our target is to win matches, to regain our place as one of the top-four Test ...

New Sri Lanka captain Mahela Jayawardene rejected the sports minister’s allegation that politics and infighting within the playing squad has caused the team’s recent slump. Jayawardene said that the team has collectively made mistakes but disunity was not the reason for recent test series losses to England, Australia, Pakistan and South Africa. “As a team ...

COLOMBO: Legendary Sri Lankan cricket captain Arjuna Ranatunga on Thursday slammed his country’s sacking of Australian coach Geoff Marsh as “disgraceful” and “unprofessional”. Marsh was this week replaced by South African Graham Ford. Former cricket captain Tillakaratne Dilshan (L) shakes hands with newly appointed national cricket team captain Mahela Jayawardene afte...

With debate on the future direction of audit and accounting gaining new momentum, the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) in association with Baker Tilly Merali’s Chartered Accountants Sri Lanka will explore an influential topic in the financial world titled ‘The Future of Audit and Accounting’ at a symposium on 30 ...

Charith Senanayake new manager for Aussie tour COLOMBO (Reuters): Sri Lanka have sacked coach Geoff Marsh and appointed South African Graham Ford on a two-year contract, a Sri Lanka cricket official said on Thursday. “Ford has signed a two-year contract and his first assignment is to take the team to Australia for the Commonwealth Bank ...

Sydney Sixers coach Trevor Bayliss has expressed sympathy for Geoff Marsh who is expected to be dumped as Sri Lankan coach this week. Sri Lankan stalwart Tillakaratne Dilshan has already quit as captain in all three formats, replaced by ex-skipper Mahela Jayawardene for the upcoming limited-overs series involving Australia and India starting on February 5. ...

On 31 January, Heist will be all decked up and ready to give all that it’s got ‘One Last Time’ with the closing down blast of Heist. The party will start at 6 p.m. and will continue till dawn. Sink your teeth into the hotel’s mouth-watering snacks and enjoy some amazing beverage deals with 50% ...

South African Graham Ford has been named Sri Lanka’s new coach in a series of changes aimed at improving the standard of the national cricket team, the government information department said here Tuesday. Ford will replace Australian Geoff Marsh after the team struggled in South Africa, losing the Test as well as one-day series. Subsequently, ...

The Members’ Benevolent Society of the Institute of Chartered Accountants of Sri Lanka has organised a seminar on taxation, scheduled to be held on Wednesday, 25 January from 8.30a.m. to 1p.m. at the Institute’s Auditorium, No. 30A, Malalasekera Mawatha, Colombo 7.    The seminar will discuss the recent amendments to tax legislation proposed by the ...

ESPNcricinfo: The winds of change blew over Colombo on Thursday with the appointment of a new selection committee for Sri Lankan cricket, but in hot, dry, still Kimberley, nothing had moved. Sri Lanka remained under pressure after a fourth consecutive series defeat. They trained as hard as they have all tour and they continued to ...

Race driver Dilan Seneviratne was presented with the National Championship award for the SL-H 1600 Hill Climbs 2011 by Minster of Sports Mahindananda Aluthgamage. The presentation was made at the Sri Lanka Auto Sports Awards held recently.   The award wasn’t a surprise for the racing fraternity as Seneviratne has enjoyed a superb 2011, particularly ...

DETROIT (Reuters): As Ford Motor Co designers completed work on the new Fusion sedan, word came back from China: focus groups hated the headlights. “The comments we were getting from China was that our original design was too dark, too sinister. So we changed the whole construction,” said Chris Hamilton, who headed up the exterior ...

By Devin Jayasundara CIMA (The Chartered Institute of Management Accountants) Sri Lanka Division inducted its Board for the year 2012 at the Cinnamon Grand on 4 January. Union Assurance PLC (UA) CEO Dirk Pereira was elected as CIMA Sri Lanka Board Chairman, whilst Reyaz Mihular – Partner – Head of Advisory Services of KPMG Ford ...

The Sri Lanka-Malaysia Business Council of the Ceylon Chamber of Commerce announced that the independent audit partner KPMG Ford, Rhodes, Thornton & Co. have completed their audit of the applications. As Asia Pacific’s most prestigious award for entrepreneurs, it is a regional bench-mark. It honours enterprising men and women in business who have proven their ...

We have learned in marketing the importance of understanding the needs and wants of the customers first in order to satisfy them. To understand the needs and wants, we have to contact customers, visit them and ask some questions or else can distribute questionnaires for customers as well as potential customers. Again we could not ...

Nihal Sri Ameresekere releases his new book Colombo Hilton Hotel Construction – Fraud on Sri Lanka Government – Criminality Exposed, but Perversely Covered-up (published by AuthorHouse), the voluminous eighth book in a series by Nihal Sri Ameresekere on corruption, fraud, economic crime, governance, rule of law, dealing with real case studies. In this new release, ...

The Asian Motor Racing Club which has the best of Formula drivers in the country will be in action representing the McLarens team at the forthcoming Colombo Night Races scheduled for 16-17 December. The club will have three teams for all categories in Formula Ford 1600cc (Post 85), Formula Ford 1600cc (Pre 85) and Formula ...

Reuters: Asia’s economic growth looks set to stumble over the next few months, prompting a flurry of interest rate cuts and a spike in stimulus spending that may ultimately pave the way for a strong recovery in the second half of 2012. “The catch-phrase for 2012 is the Asia yo-yo,” said Rob Subbaraman, chief Asia ...

The Asian Motor Racing Club which has the best of Formula drivers in the country will be in action representing the McLarens team at the forthcoming Colombo Night Races scheduled for 17 December. The Club will have three teams for all categories in Formula Ford 1600cc (Post 85), Formula Ford 1600cc (Pre 85) and Formula ...

KPMG Ford, Rhodes, Thornton & Co.’s Forensic Advisory practice recently announced the launch of a confidential hotline with the signing of its first client in Sri Lanka. The feature known as an Ethics Hotline promotes the concept of good corporate governance, transparency and ethical conduct which could benefit local companies, said Jagath Perera, Partner and ...

SINGAPORE (Reuters): Asia’s economic growth looks set to stumble over the next few months, prompting a flurry of interest rate cuts and a spike in stimulus spending that may ultimately pave the way for a strong recovery in the second half of 2012. “The catch-phrase for 2012 is the Asia yo-yo,” said Rob Subbaraman, chief ...

What do nation states do when their politicians ruin their economies by serial lying to the voters, running up huge domestic and international financial deficits, uncontrolled corruption, cannot keep interest rates at reasonable rates, cannot control inflation nor hold the exchange rate steady and run the country on an unsustainable basis, depending on what has ...

WASHINGTON (Reuters): The Obama administration has proposed doubling auto fuel efficiency to 54.5 miles per gallon by 2025, a White House energy priority that has come under scrutiny in Congress. The plan grew out of an uneasy agreement between the administration, automakers and environmental groups to reduce U.S. dependence on oil imports and cut tailpipe ...

WASHINGTON (Reuters): President Barack Obama will press European Union officials on Monday to reach a definitive solution to their sovereign debt crisis which is emerging as a major 2012 U.S. election worry. As Germany and France scramble to tighten budget controls across the euro zone, European Council President Herman Van Rompuy and European Commission President ...

By Cheranka Mendis To facilitate the growing need for professional human resources in the developing local business market, BRC (Bill Roy Consulting) Partnership, a consultancy based in Carrickfergus, Northern Ireland set up shop in Sri Lanka with the launch of BRC Lanka – a leadership and management development company. Officially launched yesterday, BRC has partnered ...

ANN ARBOR, Mich (Reuters): At the Chevrolet dealership here, customers want to see and touch the Volt, the gasoline-electric hybrid hailed by enthusiasts as the kind of innovation that could secure the future of General Motors. But they usually kick the Volt’s tires and move on, often to a Cruze. The compact Chevy gets up ...

BRC Partnership in Carrickfergus recently signed a joint venture to provide management training and coaching to top business people in Sri Lanka, following an Invest Northern Ireland (Invest NI) trade mission to India and Sri Lanka in April this year. The consultancy agreement was announced by Alan George, BRC’s Business Development Manager, and welcomed by ...

The first ever Islamic Finance Country Report in Sri Lanka was launched by KPMG Ford, Rhodes, Thornton and Co. in collaboration with the Research Intelligence Unit. The publication titled ‘Islamic Finance Country Report – Window of opportunity in Sri Lanka’ provides insight into the demographics of the Islamic finance market and an in-depth analysis of ...

By D. C. Ranatungha Seeing a vintage car on the road always raises curiosity. When it passes, we tend to turn back and take a second look. With the release of four stamps featuring vintage cars in Sri Lanka last week, the ‘old crocks’ are being talked about. The stamps themselves are unique in that ...