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By a Special Correspondent A year or back from today, Sri Lankan economy had been sailing strongly amidst global economic typhoons. Most of the macro variables were reflecting peace dividends and rejuvenated hope. However, by mid 2011, the country’s trade deficit, fuelled by credit expansion was signalling early signs of an economic turmoil. Perhaps being ...
Marketing process for sales persons Under the marketing concept, the firm must find a way to discover unfulfilled customer needs and bring to market products that satisfy those needs. The process of doing so can be modelled in a sequence of steps: the situation is analysed to identify opportunities, the strategy is formulated for a ...
President Mahinda Rajapaksa yesterday wished his newly-elected Indian counterpart Pranab Mukherjee over the telephone and extended an invitation for him to visit Sri Lanka. On Sunday Mukherjee, the former Finance Minister and Senior Leader of the ruling Congress Party was elected as India’s new President. This was after the country’s 4,896 lawmakers in State assemblies ...
In my experience of brand marketing, I have realised that the most challenging is the marketing of a political candidate for high office given the complexity of variables involved and the swing votes that come to play at the last moment. The other is the dynamism that goes into the business of politics where even ...
Says trade before politics and wants better connectivity for businessmen By Uditha Jayasinghe Sri Lanka should tap into the south Asian region, which is putting trade before politics, said a top official, calling for Sri Lanka to move ahead with the Comprehensive Economic Free Trade Agreement (CEPA). South Asian Association for Regional Cooperation (SAARC) Chamber ...
The Ceylon Electricity Board (CEB) has decided to impose country wide power cuts from Monday (23). Power cuts will be imposed daily for two hours in the morning and afternoon in selected areas, the CEB says. The power crisis has been caused by the collapse of power generation at two thermal plants due to technical ...
Reuters: Former Finance Minister and Senior Leader of the ruling Congress party Pranab Mukherjee has been elected as the new president, a government official said on Sunday. On Thursday, the country’s 4,896 lawmakers in state assemblies and parliament cast their votes for the president, a ceremonial post. “I declare that Pranab Mukherjee has been duly ...
Former White House Communications Director to lead firm Burson-Marsteller, a leading global public relations and communications firm, today announced the appointment of Donald A. Baer as Worldwide CEO. Baer has wide-ranging executive experience across the worlds of media, communications, journalism and politics, including serving as White House Communications Director and Chief Speechwriter for Pr...
As the drought continues to cause concern, there are several schools of thought being put forward, with farmers blaming the Government and the Government passing the buck to Mother Nature. However, a recent report released by think-tank Verite Research puts a new spin on the popular theory that changing weather patterns are to the main ...
By Lakmal Sooriyagoda The Bar Association of Sri Lanka (BASL) at a meeting with the Attorney General had requested that necessary action be taken to arrest the Minister and other suspects who were involved in a mob attack targeting the Mannar Courts complex. BASL President Wijedasa Rajapakse PC said that he met the Attorney General ...
Election fever gripped Sri Lanka again as over 3,000 candidates from political parties as well as independent groups handed over their nominations Thursday to the polls for three provincial councils on 8 September 2012. Major political parties have already begun their campaigns for the polls to be held on 8th of September to elect members ...
‘Shakthi’ fundraiser by Emerge Lanka Foundation today ‘Shakthi, a Celebration of Femininity,’ a fundraiser for Emerge Lanka Foundation to spread awareness about sexual assault/abuse through artistic avenues, will be held at Barefoot Café today, 21 July, from 6 to 10 p.m. Emerge Global is dedicated to empowering young women around the world who have ...
By Pradeep Seneviratne for Khabar South Asia in Colombo Although Pakistan is a Muslim country, it shares a cultural and historical heritage with predominantly Buddhist Sri Lanka. For years, Colombo-native Ariyawathi knew of Pakistan only as a Muslim state of little significance to Buddhists. But that was before she visited the new international Buddhist museum ...
The spate of murders in Kahawatta have shocked a nation and forced law enforcement authorities into action. Yet the incidents on Thursday question whether enough is being done to protect women and children from murderous attacks not just in that region but around the country. In February, the death of a mother and daughter in ...
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 ...
By B.A.B. Goonetilleke Sometime in 2009, in what was to become a defining moment in the new Digital Age, Bradley Manning, a 24-year-old Army private based at an outpost in Iraq, began to download a veritable trove of classified cables dispatched by US missions around the world on to a thumb drive. Whether Manning stepped ...
Reuters: Sri Lanka now expects 2012 tea production of around 325 million kg, below its target of 330 million kg, as output has fallen in the last five months due to drought, the State-run Tea Board said. Tea production in the first half of the year fell 4.3 per cent year-on-year to 163.26 million kg ...
‘Z-score and crisis in education’ is the theme of the monthly ‘Sambhashana’ panel discussion organised by Transparency International Sri Lanka (TISL) to be held at the auditorium of the Organisation of Professional Associations (OPA), Stanley Wijesundera Mawatha, Colombo 7 on Monday 23 July at 4p.m. The discussion is open to the public. Professor Sa...
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 ...
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 ...
The most anticipated panel of the summit featured MP Dr. Harsha De Silva and MP Navin Dissanayake who went on to have an animated debate on the topic ‘ICT for Government Reforms’ and the session was moderated by FutureGov Asia Pacific Magazine Editor-at-Large Laurence Millar. MP Navin Dissanayake (left) speaks as FutureGov Asia Pacific Magazine ...
By Harold Burson, Co-Founder and President, Burson-Marsteller Receiving more recognition than it deserves is a recently-voted ‘modern’ definition of public relations, resulting from a competition sponsored by the Public Relations Society of America (PRSA). It was selected in a voting process in which 1447 votes were cast, presumably most of them members of PRSA and ...
UNCTAD released its World Investment Report 2012 recently. The report indicated that for the first time since 2007, global FDI inflows increased by 16% despite the continuing effects of the global and financial economic crisis. However, UNCTAD predicts the FDI growth rates to decline in 2012 due to economic uncertainty and the possibility of lower ...
Another round of elections has been fixed and the country is turned into election mode. Elections are said to be a benchmark of democracy, and then why are we bothered when more and more elections are held? More and more elections, have we correspondingly increased democracy in Sri Lanka? What does an election mean and ...
By Shamil Samsul Mueen 1. Introduction The global financial crisis has raised imperative issues concerning the stability and reliability of existing financial systems. This has driven an extensive global re-examination on the competence of the existing financial architecture and the search for a more enduring solution. As a result an increasing interest in Islamic finance ...
Four examples; two bad and two goodThe website of the London Economist newspaper has a reference to an official of a certain country referring to a journalist in words similar to what follows – I have substituted words which would be appropriate to an officer and a gentleman addressing a lady, for what was actually ...
Singapore giant and property development specialist Keppel Land has described its entry into Sri Lanka via a joint venture with CT Holdings to build luxury condominiums as strategic and timely. “Our first foray into Sri Lanka is strategic and timely given the country’s positive growth as well as with growing affluence amongst its population. The ...
The Sri Lanka Economic Association or SLEA, the long-standing professional body of economists of Sri Lanka, has published some selected papers presented at its Annual Sessions in October 2011 in a volume titled ‘Achieving Economic Goals in the Midst of Global Challenges,’ the theme of the sessions. The volume, edited by two veteran economists – ...
The conference on ‘Sri Lanka Ports Trade and Logistics’ concluded recently at Hilton Hotel Sri Lanka, revolved around the need to market Sri Lankan ports globally with a view to achieving a better synergy between maritime and logistics operations in Sri Lanka, with its geo-strategic location along the main International Shipping Lane. This apart strategic ...
WHEN the South Asian region formed the South Asian Association for Regional Cooperation or SAARC hopes were high that it would be the first step in integrating the political, economic and social synergies of the region for overall growth and development. Decades later this dream has largely failed but the SAARC Chamber of Commerce and ...