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

Watching the World T20 matches on TV – currently being played in Sri Lanka, I noticed a Tourist Board commercial on the theme ‘Refreshingly Sri Lanka – Wonder of Asia.’ Immediately I recalled last year’s stamp released to mark World Tourism Day. Sri Lanka issued ten stamps with an attractive souvenir sheet carrying all the ...

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

UNITED NATIONS(Reuters): President Barack Obama will say on Tuesday the United States will “do what we must” to prevent Iran from acquiring a nuclear weapon as UN Secretary-General Ban Ki-moon warned against threatening attacks whose consequences would be devastating. Preparing to take the podium at the United Nations six weeks before the US presidential election, ...

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

The academics are marching. The students are marching. The Muslims are marching. Every day hundreds images of throngs of people shouting slogans and demonstrating blare across television screens, newspapers and of course, the internet. SMS news alerts about road closures and barricades abound as popular discontent rises to the surface through trade union agitation and ...

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

I wonder if you can remember the famous World Cup Soccer final some years back where the fourth referee intervened after the great Zinedine Zidane head-butted Italian defender Marco Materazzi in the World Cup final. It would have perhaps gone unnoticed if not the TV referral. In my view, if this had gone unnoticed, it ...

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

The global escalation of commodity prices in the latter part of last decade impacted Sri Lanka’s rice market, with retail prices showing sharp increases for the consumer. The regulatory forces with a ceiling on consumer prices and guaranteed price for paddy did alleviate this problem to some extent. Today it has taken a different turn ...

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

Reuters: President Barack Obama asked Americans on Thursday for patience in rebuilding the weak economy as he appealed for a new term in office and defiantly rejected Republican Mitt Romney’s proposals for growth as heartless. Accepting the presidential nomination at the Democratic National Convention, Obama gave a more down-to-earth follow-up to his 2008 “hope and ...

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

A goat’s best friend is Mervyn! The populace has been cruel to him. Ok, to the goat too, but I am talking about a man willing to be incarcerated just to liberate a hapless animal. Thankfully, the President interceded and saved the day for both. The Minister had promised to defy a Court order and ...

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

Reuters: Norwegian mass killer Anders Behring Breivik was jailed for a maximum term on Friday when judges declared him sane enough to answer for the murder of 77 people last year, drawing a smirk of triumph from the self-styled warrior against Islam. An unrepentant Breivik, 33, gave the Oslo court a stiff-armed, clenched-fist salute before ...

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

Reuters: A Norwegian court found Anders Behring Breivik sane on Friday and gave him a maximum jail term for murdering 77 people in a shooting and bombing last year, offering closure to a Nordic nation devastated by its worst attack since World War Two. Breivik, who has admitted blowing up the Oslo government headquarters with ...

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

COPENHAGEN (Reuters): Shipping and oil group A.P. Moller-Maersk raised guidance for 2012 earnings last week on prospects of a further recovery in container freight rates after its Maersk Line swung back to profit in the second quarter. The global shipping industry has been hit by weak demand due to the world economic slowdown and an ...

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

The ‘Yes-Man’ Parasite, a.k.a. HMV The dictionary definition of a ‘pun’: ‘the clever or humorous use of a word that has more than one meaning, or words that have different meanings but sound the same’. The second word of the headline of today’s column is not exactly a pun, but somewhat akin to one, as ...

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

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 ...

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

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 ...

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

LONDON, (Reuters) : At just 15, schoolgirl Ruta Meilutyte showed nerves of steel as she withstood a delayed start that rattled experienced Olympians to claim Lithuania’s first ever swimming medal and become the one of the youngest women to win the Olympic title. Meilutyte, who set a European record in qualifying for Monday’s race, was ...

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

I still remember the day when the brand Rishad Bathiudeen called me from Temple Trees saying that he had been made the Minister of Industry and Commerce and the challenge he had in his hand. My first thoughts to him were that this was going to be the birth of a strong brand in Sri ...

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

Reuters: North Korea’s new young leader, Kim Jong-un, is married, state media said on Wednesday, putting an end to speculation over the relationship with a woman seen at his side during recent events. The announcement, which fits a trend the Kim has followed to break out of the dour management style of his late father, ...

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

Politically-motivated violence or a riot is a form of civil disorder characterised often by what is thought of as disorganised groups lashing out in a sudden and intense rash of violence against authority, property or people. A riot could also be due to a perceived grievance or out of dissent. Political violence was seen in ...

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

New Delhi: India has appealed to maintain peace and tranquillity in Maldives, said the Ministry of External Affairs (MEA). In response to a question on the situation in Maldives, the official spokesperson said: “India has been closely monitoring the situation in the Maldives following the transfer of power on 7 February 2012.” “We have noted ...

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

The Tourism Authority of Thailand has unveiled a series of strategies designed to maintain, enhance and promote Thailand’s brand image, marketing profile and visitor arrivals. TAT has set a 2013 target of 22.22 million international visitor arrivals, generating estimated foreign exchange revenues of 966 billion Baht (US$ 30.62 billion, based on the exchange rate of ...

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

The United National Party (UNP) is the single largest political party in Sri Lanka and has had the good fortune of maintaining this position since it was formed in 1946. The founder of UNP was D.S. Senanayake, who was at the forefront of securing independence for Ceylon. The ideals he cherished were carried forward by ...

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

Bajaj, the world’s biggest manufacturer of three-wheeled rickshaws used for passenger and goods transportation, said exports of the vehicles fell 41% in the June quarter, hit by a tax hike in Sri Lanka and political instability in Egypt. “Bajaj Auto, along with its distributor, has undertaken pro-active measures like rationalising the end-user cost of vehicles ...

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

Reuters: India’s lawmakers voted for a new president on Thursday, ending weeks of wrangling and opening a much-hyped political window billed as the best chance for Prime Minister Manmohan Singh to launch a wave of reforms and reverse an economic slowdown. India’s markets are anticipating quick action to relax investment rules and cut subsidies once ...

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

Reuters: Economist Nouriel Roubini is standing by his prediction for a global “perfect storm” next year as economies the world over slow down or shudder to a complete halt. Roubini, the New York University professor dubbed “Dr. Doom” for predicting the 2008 financial crisis, highlighted five factors that could derail the global economy: a worsening ...

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

Reuters: The Maldives formally charged ousted President Mohamed Nasheed on Monday with the detention of a Criminal Court judge during his final days in office, increasing the chance he will be arrested and adding to rising tension in the island nation. Maldives’ Prosecutor General Ahmed Muizz has filed charges against Nasheed for his role in ...

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

By R.M.B. Senanayake The recent episode regarding the Z Score has led to demands that the Ministers of Education and Higher Education should resign. In their defence they say that the decisions were taken not by them but by experts. Yes, but didn’t they appoint these experts? How did they appoint such nincompoops? Not for ...

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

Poor rainfall throughout Sri Lanka during the past few months has caused a drought unheard of during recent history. Particularly affected Districts are Kurunegala, Puttalam, Anuradhapura, Polonnaruwa, Batticaloa, Ampara, Nuwara Eliya and Badulla. Farmers complain that their crops are being ruined or are on the verge of being ruined. Some villages complain of the shortage ...

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

IRIN:Sri Lankan Parliamentarians in favour of acting on the recommendations in a report into the final stages of the country’s civil war by the Lessons Learnt and Reconciliation Commission (LLRC) are slowly gaining ground over those who are not, says a Presidential peace process advisor. The Government’s initial reaction to the LLRC recommendations was positive, ...

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

Performers will have copyright protection for their audiovisual works as a result of the successful conclusion of 12 years negotiations by the members of the World intellectual Property Organization (WIPO), which has resulted in the finalisation of the Beijing Treaty on Audiovisual Performances on 26 June. The treaty will enter into force when ratified by ...

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

Rio+20 has come and gone. For some, with June gone, the task may be looking at the flavour of the month for July to prop up different hoardings. The conference was concluded successfully and most of the final photos and comments indicated it was well attended and well run and perhaps well concluded. For sure, ...

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

A solution for loss-making SOEs? In the USA, a new corporate entity referred to as a Benefit Corporation (B-Corp) has been brought into being. The states of Maryland, New Jersey, Virginia, California and Vermont have legislation which permits companies to combine the profit motive with the purpose of making a positive impact on society and ...

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