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

ESPNcricinfo: Northamptonshire have decided not to renew Chaminda Vaas’ contract for 2013, citing the 38-year-old’s troubles with fitness last season. A variety of injuries saw the former Sri Lanka seam bowler play in only six of Northants’ 16 Division Two Championship matches and he also missed much of the Clydesdale Bank 40. Vaas had been ...

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

Group companies to unite in ‘Passing the Pillow’ amongst 30,000-strong workforce and communitiesThe Hayleys Group displayed its commitment to help the nation combat the spread of HIV/AIDS by becoming the latest entity to join the “Passing the Pillow” programme launched by the Lanka Business Coalition on HIV and AIDS (LBCH). In pledging renewed efforts to ...

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

Houses 400 stalls, 40 international publishers to a expected million peopleBy Cheranka Mendis For Sri Lanka there is no better time to read than now. With Colombo International Book Fair (CIBF) opening its doors yesterday for a nine day journey, it is the time of the year to battle your way through the masses gathered ...

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

Cabraal says that price pressures will remain, keeps policy rates and growth figures steady The Central Bank kept policy rates unchanged yesterday, on expectations that inflation would remain contained to single digit levels on policy changes to reduce demand. The concerted efforts by the Central Bank and the Government earlier this year to curb the ...

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

Issue oversubscribed by two times, says Central Bank The Central Bank has had its latest issue of Sri Lanka Development Bonds oversubscribed by two times, bringing the total bid to US$ 121.05 million, the monetary institution said in a statement.   The Central Bank of Sri Lanka, on behalf of the Government of Sri Lanka, ...

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

The biggest-ever textile industry delegation from India arrived yesterday, the Industry and Commerce Ministry said in a statement. The high-level textile delegation is here to strengthen the promising textile trade between the two countries and incorporates both high ranking Government officials and reps from private sector. “We warmly welcome the high-level textile delegation which is ...

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

The ICC Twenty20 World Cup 2012 started off yesterday at the Mahinda Rajapaksa International Stadium Hambantota, with the first match played between Sri Lanka and Zimbabwe. Photojournalist Shantha Rathnayake captured these moments prior to the match as crowds gathered at the stadium to enjoy yet another edition of the gentleman’s game.

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

The first-ever National Bamboo Processing initiative will be kicked off today, 19 September, at Galle Face Hotel, Colombo. The UNIDO focal point office in Colombo will be launching the event with Minister of Industry and Commerce Rishad Bathiudeen and Secretary, Ministry of Industry and Commerce Anura Siriwardena. The launching will also be attended by senior ...

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

Considering the growing need for the security technologies, products, solutions and services, the security domain stakeholders in Sri Lanka can benefit from the sixth edition of IFSEC India and Homeland Security India – the largest security exposition in India and South Asia. It is scheduled to be held from November 01-03, 2012 at the India ...

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

Commendable achievements Over the years Sri Lanka has gained a considerable reputation for its achievements in social development. It punches above its weight on the UNDP’s Human Development Index. It has also performed very well in meeting the internationally agreed Millennium Development Goals (MDGs), which focus on indicators related to poverty, health, education and gender ...

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The exchange of goods and services has been around for as long as civilisations themselves, if not longer. Humans, being extremely adaptive to their environments, have always found ways to utilise resources and build surplus. This surplus was then used to trade in order to obtain resources and goods that weren’t abundantly available. Evolution of ...

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

Abeeth Dangalla who made a strong comeback to become the champion driver at the Rotherham Circuit Meet, the penultimate event for the CEAT/SLARDAR Championship 2012 gave a brief interview to the media discussing his recent achievement and passion for the sport. Dangalla won both events of the SL-GT 3500cc Class which was organised by the ...

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

The festival of creativity – Spikes Asia 2012 in Singapore during its first two days showcased key insights on winning and creative ideas in the marketing communications sphere by a host of global and regional experts. Attended by nearly 1,800 creative industry professionals and students from 27 countries including nearly 20 from Sri Lanka, the ...

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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 ...

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The first CFW Resortwear show will feature a total of 12 important designers showcasing their Resortwear 2013 collections. The focus for the first show is the South and South East Asian region hence the designers are from Malaysia, India, Pakistan, Sri Lanka and Bangladesh. The show which is themed as a Resortwear weekend on the ...

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Two groups totalling around 50 would-be Sri Lankan asylum seekers have arrived at the offshore processing centres in Papua New Guinea, but are unlikely to provide a bottleneck for the dozens more expected. The number of detainees during the last two months has topped 556, with total numbers since June estimated at around 1,400, showing ...

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Ministers announced substantial new funding awards to boost the UK life sciences industry, when around 300 UK and international delegates met in London for the British Business Embassy Life Sciences summit during the Olympic and Paralympic Games. The event also focused on how translational research can be used to develop novel therapeutics and medical technologies ...

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Sri Lanka Tourism Promotion Bureau (SLTPB) joined hands with ICC Development (International) Limited to become the official Tourism Partner of  ICC World Twentey20 which has just started off in Sri Lanka for the period of 18 September to 10 October.  The official agreement was signed by the representatives of two organisations – Sri Lanka Tourism ...

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

Houses 400 stalls, 40 international publishers to a expected million people By Cheranka Mendis For Sri Lanka there is no better time to read than now. With Colombo International Book Fair (CIBF) opening its doors yesterday for a nine day journey, it is the time of the year to battle your way through the masses ...

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

Chandrasena Sudusinghe, one of Sri Lanka’s greatest culinary success stories and the only Lankan to become an approved judge by the World Association of Chefs Societies joined Cinnamon Grand, Colombo’s premier city hotel, as Executive Chef recently. Cinnamon Grand, which prides itself on inducting exceptional individuals into its hospitality team, is aiming high with the ...

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

Group companies to unite in ‘Passing the Pillow’ amongst 30,000-strong workforce and communities The Hayleys Group displayed its commitment to help the nation combat the spread of HIV/AIDS by becoming the latest entity to join the “Passing the Pillow” programme launched by the Lanka Business Coalition on HIV and AIDS (LBCH). In pledging renewed efforts ...

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

“Broadband will represent a momentous economic and social change,” said President’s Secretary Lalith Weeratunga. Weeratunga said so while participating at the inauguration of a two-day ‘Regional Expert Consultation on Connecting Asia Pacific’s Digital Society for Building Resilience’ held in Colombo recently. Organised by the United Nations Economic and Social C...

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Tightening brakes on growth, Government data released yesterday showed the country has slowed to a two-and-a-half-year low, slipping from 7.9% in the first quarter to 6.4 % in the second when compared with the same period last year.   A Reuters report noted that economic growth eased to 6.4 per cent in the second quarter ...

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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 ...

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Reuters: The Central Bank is expected to keep interest rates steady for a fifth straight month on Tuesday despite high inflation to help bolster economic growth, which has been cooling due to sweeping policy measures and an extended drought. Twelve out of 13 analysts polled by Reuters expect the repurchase and reverse repurchase rates to ...

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Aims to reduce travel time by 20 per cent; project to benefit an estimated 1.8 m people in five districts   The Asian Development Bank (ADB) has approved US$ 98 million in loans for infrastructure development in Sri Lanka’s former northern war zone that will bring benefits to an estimated 1.8 million people, the organisation ...

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Successor of the International Dawoodi Bohra Community and member of the Bohra Royal Family, Syedi Aali Qadr Mufaddal Bhaisaheb Saifuddin arrived in the country late last night to deliver a sermon and meet the followers of the Dawoodi Bohra community in Colombo. Syedi Aali Qadr Mufaddal Bhaisaheb, the successor and son of the Bohra Leader, ...

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Sri Lankan private healthcare pioneer Nawaloka Hospital will be celebrating its 27th anniversary tomorrow and as a reward for its loyal customers, the hospital will be offering a number of discounts beginning from 18 September, until the end of the month. Discounts of 10% will be made available to customers on dental and lab services, ...

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Merchant Bank of Sri Lanka PLC. (MBSL), the pioneering investment bank in the country and a subsidiary of Bank of Ceylon, has made its presence felt in many districts, concentrating in the areas of leasing and hire purchase. Nurturing the new economic era prevailing in the country, MBSL has taken its investment banking activities such ...

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Citizens Development Business Finance PLC (CDB) recently signed up for the Sri Lanka Interbank Payment System (SLIPS) through Commercial Bank, the first-ever to do so in the non-banking financial institutions category. SLIPS is an online interbank electronic fund transfer (ETF) system whereby the movement of funds from one account to another takes place without the ...

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