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Whilst tracking the key moments of the London Olympics, I realised how reliant I was on the text updates that beeped on my Blackberry and then when time permits go to YouTube or the official websites to experience this key happening as it unfolds to the world. But, then I realised that my friends had ...
India is committed to award special preferential treatment for Sri Lanka andlsquo;without seeking any reciprocity in returnandrsquo; and is also andlsquo;very keenandrsquo; to enter Lankaandrsquo;s ports, airport and energy-related infrastructure projects.
A Joint Task Force (JTF) /committee for economic promotion announced by India in Colombo on 03 August has been further expanded -within a mere 24 hours of its initial announcement.
Sri Lanka's leading private banking house- Hatton National Bank continued to record strong results in H1 2012, driven by growth in core banking operations, amidst increasing interest rates and restrained credit growth.
“Did you really have to tell the whole world you were in a bad mood?” Kuraishini Navaratne, a friend, e-mailed from Turkey. “It’s the Olympics, man, cheer up!” she admonished. Can the Olympics cheer me up? Tuned into the games to find out. Watching Queenie jump off a helicopter was too much to handle but ...
Presently Sri Lankan software has been exported to regions such as North America, EU, Australasia and East Asia. With the recent global financial slow down, most of the matured software markets are not as vibrant as earlier for the software products and services. Considering this fact, EDB has identified developing regions of the world as ...
The famous explorer Marco Poloandnbsp;of the 12thandnbsp;Century wrote that Sri Lanka is the finest island in the whole world. For centuries it had been a great tourism destination particularly for European travellers. However, the 30 year long internal conflict and terrorism had a negative impact of tourism and the growth of the industry got stagnated.
The world renowned Kandy Esala Perahera taking place in the hill capital during these days is reported to have attracted a record number of tourists to the country to watch this exotic pageant unique to Sri Lanka.
Diesel andamp; Motor Engineering PLC (DIMO) together with TATA Motors India recently introduced the latest range of TATA Small Commercial Vehicles (SCV) to Sri Lankan market. The SCV range comprises the DIMO Batti (promoted in India as Tata Ace Zip), TATA Super ACE (earlier known as DIMO Lokka) and DIMO 207 DI BULLET.
Softlogic Information Technologies one of the premier IT companies in Sri Lanka and a pioneering subsidiary of Softlogic Holdings Group was awarded the Dell Most Valuable Partner Award-Consumer Segment, in the recently held andlsquo;Dell Channel Summit 2012andrdquo; in Kuala Lampur, Malaysia.
Construction work began on Sri Lankaandrsquo;s first-ever andlsquo;green universityandrsquo; on Wednesday (25 July) with the laying of the foundation stone for the National School of Business Management (NSBM) byandnbsp; Youth Affairs and Skills Development Minister Dallas Alahapperuma.
The prestigious printer establishment Leaf d Private Limited andshy;andndash; a subsidiary of the Ranpath Group became Sri Lankaandrsquo;s first printing house to own the technologically advanced high-end Canon imagePRESS C7010VP Digital Printing Press from Canonandrsquo;s local Authorized Distributor, Metropolitan Office (Pvt) Ltd.
KFC in partnership with Pepsi recently sent 20 Sri Lankans on an all-expenses paid tour to Singapore which included an all access day pass to Universal Studios-Singapore, one of the foremost theme parks in the world.
The Accounting Standards Committee (ASC) and the Institute of the Chartered Accountants of Sri Lanka (CA Sri Lanka) undertake the arduous responsibility of promulgating accounting standards in the country. However, this has proved to be a mammoth challenge. Surveys reveal that many companies remain unaware of frequent changes taking place in accounting standards.
Despite the current state of the economy, there are certain sectors that continue to grow enabling the insurance industry to widen its horizons, opined a former head of Sri Lankaandrsquo;s insurance industry umbrella body.
Sri Lanka has the potential to become a major exporter of low-end plastic products to European countries and the United States of America (USA), Plastics and Rubber Institute of Sri Lanka (PRISL) Vice President, Anver Dole revealed recently in an exclusive interview withandnbsp;Ceylon FT.
World Bank Country Director Diarietou Gaye has blogged against the rising child abuse in Sri Lanka. Here is her blog titled “It’s Not OK!”Every day, children over the world are molested, raped, abused, and killed. Who is responsible? We all are, as parents, teachers, prominent personalities, journalists, neighbors, politicians, religious figures, men and women of ...
Sri Lanka Ports Authority (SLPA) commences a Special Diploma Course on Port Security for the security personnel of the institution. The course is conducted in collaboration with the Sir John Kotelawala Defence University (KDU) in Ratmalana.
‘Readiness to succeed by breaking barriers’, a roundtable on the opportunities and challenges facing Sri Lanka’s Finance and Accounting Outsourcing (FAO) industry, will be held on 2 August at King’s Court, Cinnamon Lakeside. Sri Lanka, with its pool of qualified accounting professionals second only to the UK’s in size, is in an ideal position to ...
Sri Lankaandrsquo;s first-ever international plastics exhibition, to be held on 10, 11 and 12 August at the Sri Lanka Exhibition and Convention Centre, will provide an opportunity for local entrepreneurs to witness firsthand the enormous potential for plastics manufacture and members of the local industry to adopt new technology used globally for plastics production, the Plastics and Rubber Instit...
3M Sri Lanka hosted it seventh Volition Integration Professionals (VIP) Installer certification programme to key customers and business partners recently in a bid to boost the IT sector in the country. The three day workshop saw 61 participants from 30 corporate and government institutions converge to experience hands-on training on premise cabling.
Rohan Somawansa, the 2010/2011 past president of Sri Lanka Institute of Marketing (SLIM) was appointed the Vice President of the Asia Marketing Federation (AMF) at the Annual General Meeting, held in Tokyo, among many candidates from other powerful member countries, namely Japan, Indonesia, Thailand, Hong Kong, Philippine, Singapore andamp; Malaysia.
Sri Lanka needs a new wave of reform to avert a possible balance of payment (BoP) crisis, stressed Ceylon Chamber of Commerce Chairman Susantha Ratnayake.
The 2012 CIMA Global Business Challenge, held in Sri Lanka for the first time, kicked off earlier this week with the 22 teams of four from all across the world battling it out to come out on top. Being held for the fourth year, the Business Challenge attracted 12,000 participants initially. In Colombo to witness ...
Sri Lankaandrsquo;s annual wedding exhibition highlight of the year- the Bride and Groom Fair 2012, organized by Asia Exhibitions and Conventions (Pvt) Ltd and the Bride and Groom wedding magazine, was held on the 20, 21 and 22 July 2012 at the BMICH.
All is set for the inauguration of the Sri Lankan edition of premier league cricket which will begin in August 2012.
Sri Lankaandrsquo;s Banking Watchdog andmdash; Central Bank said with the successful completion of the US$ 2.5 billion Standby Arrangement (SBA) facility extended by International Monetary Fund (IMF), the country now has sufficient funds, but would like to have an elite anchor in the alternative in order to endorse economic management in todayandrsquo;s global conditions.
Among the 105 firms that are slated to visit Sri Lanka next week, Fortune India 500 company- Wipro, Indiaandrsquo;s third largest IT firm with US$ 4.4 billion revenue in andlsquo;11 is the latest to join the high level Indian trade and biz delegation.
Confirming buying opportunities are being missed, over 100 stocks were trading below asset value and market multiples have fallen below 10 times, according to Softlogic Stockbrokers. “We are bullish on the market over the medium to long term advising investors to accelerate accumulation so as to benefit from the expected bull run,” the broking firm ...
New Delhi : Sports broadcasting major, ESPN STAR Sports on Sunday said it has bagged multi-year broadcast rights for exclusive coverage of the Sri Lanka Premier League (SLPL) in India. The first edition of the T20 league will be played in August 2012. No financial details were disclosed. The multi-year deal includes a minimum of ...