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The location of Sri Lanka has a strategic significance and this has been proven by the historical trading activities between Sri Lanka and ancient China, Egypt, and the Roman Empire. There is ample evidence to show that Sri Lanka was a main trading hub in Asia. The reasons for occupation of Sri Lanka by the ...
India yesterday in a statement gave some reassurances over the nuclear power plant in its Southern state following series of news reports raising fears of the dangers to Sri Lanka arising from the commissioning of the Kudankulam Nuclear Power Plant in southern India. The statement issued by the Indian High Commission is as follows. It ...
By Marianne David Cinnamon Lakeside Colombo won two coveted awards at the fifth annual Sri Lanka Tourism Awards – the Best Five Star City Hotel Award and the Best Host Hotel Spa. Sri Lanka Tourism Awards 2011 awarded high performers across 11 categories and evaluated hotels in the industry based on their contribution towards tourism. ...
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 ...
Sri Lankan plantation industry veteran Dan Seevaratnam was awarded the Life Time Achievement Award at The Asia Pacific HRM Congress, one of the most prestigious Human Resource summits in the world held in Bangalore, India, last week.
In strong signs of private sector expansion in the country, Sri Lankaandrsquo;s Company Registrar has garnered more than US$ 13.6 million (Rs 1.8 billion) in its Company Fund in on-going operations and plans to go high tech with the backing of its rich coffers.
By Amantha Perera JEJU, South Korea (IPS): As ravenous consumers of natural resources, companies are beginning to recognise that they owe a monetary debt to the planet, and are sharpening their pencils to calculate it. In 2004, when the International Union for Conservation of Nature (IUCN) held its four-yearly World Conservation Congress in Bangkok, Thailand, ...
It is with great sacrifices that Sri Lanka brought about a victory against ruthless terrorism, which is certainly a feather in the cap of Rajapaksa family. No one can dispute the fact that President Rajapaksa provided the political leadership and ensured that the LTTE was decimated at any cost. The Tamil diaspora and the pro-separatist ...
Sri Lanka and China inked 16 agreements yesterday in a move that will solidify already strong relations. Xinhua News reported that China’s National People’s Congress Standing Committee Chairman Wu Bangguo together with his 150-strong delegation singed the agreements when they met with President Mahinda Rajapaksa. However no details were given of what the agreements contained ...
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 ...
Guardian Insurance Brokers have been appointed the exclusive agents to market the products of US Insurance Giant Aetna in Sri Lanka, filling a need for high quality specialized medical insurance cover.
World Duty Free Group (WDFG), the leading duty free operator at the Bandaranaike International Airport (BIA) along with the reputed beverage supplier, Brown Forman Worldwide, recently commenced another exciting mega promotion, andlsquo;Cricket Fever 2012andrsquo; on 1standnbsp;September to coincide with the ICC T20 Cricket World Cup which will be held in Sri Lanka this September and October.
The place isn’t a paradise for minorities but the economy is recovering By Sam Baker Asuasentinel.com: The Government of Mahinda Rajapaksa in Sri Lanka has probably botched its dealings with the United States, the European Union and the United Nations. Still, the disenchantment with Colombo may be overblown three years after the end of the ...
At the recently held Sri Lanka Tourism Awards, The International Hotel School affiliated with the Mount Lavinia Hotel Group won the award for small scale enterprise in the discipline of tourism education and training efforts.
Sri Lanka-based IWMI (International Water Management Institute) was presented with the prestigious Stockholm Water Prize at the annual World Water Week held in Stockholm last month.
Continuing its growth momentum, Orient Finance PLC adds yet another milestone, with the opening of its doors to the acceptance of fixed deposits, subsequent to being licensed by the Monetary Board of the Central Bank of Sri Lanka under the Finance Business Act No 42 of 2011 as a Finance Company.
The UNIDO focal point office in Colombo has successfully marshalled a US based top tier global fund for its pioneering bamboo initiative leading to large scale bio-mass alternative energy material growth in Sri Lanka.
Reuters: French Open winner Maria Sharapova will join US Open champions Serena Williams and Andy Murray in warming up for next year’s Australian Open at the Brisbane International, organisers said on Thursday. Afghanistan’s captain Nawroz Mangal signs on a bat after a captains’ news conference ahead of the World Twenty20 cricket series in Colombo on ...
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 ...
ESPNCricinfo: Mohammad Ashraful has pointed to Bangladesh’s intensive preparation across three continents as their biggest asset as they head into the ICC World Twenty20. They have played a quarter of all their Twenty20 internationals this year, as well as two competitions where they played unofficial matches, all targeted towards a proper build-up to the event, ...
On Friday (7) afternoon, the eve of provincial council elections in three provinces, a certain gathering took place at 101, Rosmead Place, which houses the corporate offices of Democratic National Alliance (DNA) National List Parliamentarian, Tiran Alles. Consultations that lasted for hours, took place between Alles and UNP Deputy Leader Sajith Premadasa and a few ...
Peopleandrsquo;s Leasing Company PLC has secured the distinction of being the only Sri Lankan non-banking financial institution to secure two international credit ratings.
LONDON (Reuters): Copper hit a four-month high on Monday as hopes for more policy easing in the United States prevailed and as weak copper and other commodity imports in China, coupled with weak factory activity, reinforced prospects for more stimulus measures there. Chinese data showed copper imports in August fell 2.9% from July due to ...
Indiaandrsquo;s largest two-wheeler manufacturer, Hero MotoCorpandnbsp;expanded its network into the international market. The newly incorporated brand entity launched 14 of its two-wheeler models in Sri Lanka on 3 September at the Waterandrsquo;s Edge.
Marketing Director of Pan Audio Private Limited and Director of Pan Care Pvt. Limited, G. S. Sylvester has been selected as team leader for the Group Study Exchange, an international programme exchange for young professionals organized by The Rotary Foundation of Rotary International.
Thriving with the vision of becoming the global role model for community centred social development, International Movement for Community Development (IMCD) has demonstrated clear prospects of becoming an exemplary social service organization in Sri Lanka.
Sri Lankaandrsquo;s largest telephony services provider Dialog Axiata PLC has donated revenue generated from SMS (Short Messaging Service) based voting on the grand finale of Ranaviru Real Star: Mission 2 to the Api Wenuwen Api Fund, administered by the Ministry of Defence and Urban Development.
The much anticipated Islamic Finance News Roadshow will be inaugurated today by the Governor of the Central Bank of Sri Lanka, Ajith Nivaard Cabraal. The Governor will deliver the key note address at this forum which will also see the attendance of many other key officials of the Sri Lankan Islamic banking and finance industry. ...
Hero MotoCorp Ltd marking the launch of brand andlsquo;Heroandrsquo; in Sri Lanka the first international market, said that the country is a land of opportunities and is a key market for many Indian companies.
Sri Lanka is to become the first international market where the new brand identity of Indiaandrsquo;s Hero Motocorp Ltd., is being launched, with the new identity being unveiled at Waters Edge today.