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

China was a tower of strength to Sri Lanka, especially when we faced various challenges in the international arena, External Affairs Minister Prof. G.L. Peiris said. The Minister was making the keynote address at the 55th anniversary of the establishment of diplomatic relations between Sri Lanka and the People’s Republic of China and the 60th ...

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Addresses IAACA Anti-Corruption Seminar in Dalian, ChinaNihal Sri Ameresekere, who is in the forefront agitating against fraud and corruption in the highest echelons of society, made a presentation on the UN Convention Against Corruption (UNCAC) at the Annual Seminar of the International Association of Anti-Corruption Authorities (IAACA) held recently in Dalian, China. Nihal’s presentation h...

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Opposition MPs warn post-war gains will be wasted unless Govt. puts house in order Insist on better policies, respect for law and order Call for common agenda for clear and consistent regulations By Uditha Jayasinghe Opposition politicians joined the private sector yesterday in calling for the Government to work on law and order and consistent ...

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Public Management Reforms Minister Naveen Dissanayake (right) shakes hands with UNP MP Ruwan Wijewardene while UNP MP Dr. Harsha de Silva laughs at the end of the Ceylon Chamber of Commerce Sri Lanka Economic Summit 2012. Western Provincial Council Agriculture and Environmental Affairs Minister Udaya Gammanpila, MPs Sunil Handunnetti and T. Sumanthiran are also present ...

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By Cassandra Mascarenhas The third and final day of the Sri Lanka Economic Summit 2012 organised by the Ceylon Chamber of Commerce commenced with a plenary session titled ‘Skills and Productivity to Compete in the Global Market,’ which discussed the initiatives that are underway and aimed to identify additional steps required to improve the quality ...

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  Addresses IAACA Anti-Corruption Seminar in Dalian, China Nihal Sri Ameresekere, who is in the forefront agitating against fraud and corruption in the highest echelons of society, made a presentation on the UN Convention Against Corruption (UNCAC) at the Annual Seminar of the International Association of Anti-Corruption Authorities (IAACA) held recently in Dalian, China. Nihal’s ...

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

An island surrounded by sea and rich in water resources and an independent country with buried cities built three millennia before deserves a much better picture overseas than what is projected now through global media coverage. A country which had sent embassies to Rome, Greece, Persia and ancient China, seems to be at the receiving ...

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CONSISTENT policies have always been a challenge for Sri Lanka, but its importance has been brought to the forefront yet again by the Sri Lanka Economic Summit that wrapped up on Thursday. Right from the onset, it was clear that the oft-repeated but rarely-listened-to issues were to dominate the three-day conference with economists, politicians and ...

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Maintaining that the Government was on the right course, Treasury Secretary Dr. P.B. Jayasundera yesterday urged the private sector to adapt as well as tap unprecedented growth potential, harnessing supportive policies and other measures. Delivering the keynote at the first plenary session of the Ceylon Chamber of Commerce Sri Lanka Economic Summit, Dr. Jayasundera in ...

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The second day of the Sri Lanka Economic Summit 2012 brought to the forefront several key issues facing the country, forcing both the public and private sectors to take a far closer look at many sectors and through much critical and sometimes controversial analysis. “It strikes me that Sri Lankan policies are kind of cockeyed,” ...

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PTI: A Sri Lankan Muslim party, which is an ally of the ruling UPFA, has deferred to July 13 its decision on contesting the upcoming polls for eastern provincial council, where it is keen to install its own member as Chief Minister.  After a lengthy session of Sri Lanka Muslim Congress’ (SLMC’s) High Command, it ...

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Following is the full text of Secretary to Ministry of Finance and Planning and Ministry of Economic Development Dr. P.B. Jayasundera’s keynote address titled ‘Sri Lankan Economy in Perspective’ at first plenary session of the Ceylon Chamber of Commerce Sri Lanka Economic Summit yesterday under the theme ‘Positioning Sri Lanka in the Global Economy’ Chairman, ...

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By Cassandra Mascarenhas The end of a long period of conflict brings many factors that need to be addressed. The multitude of issues that arise in a post-conflict situation is not easy to manage and requires time. Failure to address these adequately and speedily can result in agitation from the public and drive away potential ...

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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 ...

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By Cassandra Mascarenhas The Ceylon Chamber of Commerce-organised Sri Lanka Economic Summit kicked off yesterday, with an emphatic message to both the Government and the private sector that challenges are mounting and success as a nation will depend on a strong collective effort to be competitive. Delivering a keynote address peppered with bold remarks, World ...

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UNP MP Karu Jayasuriya has urged the Government not to abuse state resources in the run up to the polls for the three Provincial Councils whilst emphasising elections must be free and fair. Following is the full text of the statement issued by MP Jayasuriya: We wish to reiterate to the Government to at least ...

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Commander Security Forces – Jaffna (SF-J) Major General Mahinda Hathurusinghe on Monday (9) said, “Army has no plan to acquire civilians’ lands to establish camps in Jaffna. Instead, Army has been continuously handing back houses occupied by the Army since the end of war to their legitimate owners. But, as a matter of national security, ...

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

By Cassandra Mascarenhas Setting its sights on placing Sri Lanka in the global economy and expanding its reach in overseas markets, the Sri Lanka Economic Summit 2012, the Ceylon Chamber of Commerce’s annual flagship event, aptly themed ‘Positioning Sri Lanka in the Global Economy,’ commenced last evening at the Cinnamon Grand. In the context of ...

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

Reuters Market Eye :India’s GDP growth will likely be less than 6% for FY13, according to 72% of respondents in a client survey by Standard Chartered Bank. Of the 125 corporate respondents, 20% said growth may be even less than 5%. However, 85% of the respondents said India can return to its pre-crisis growth levels ...

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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 ...

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There were some interesting bits of news in the papers about a week back, with some stories having a certain thread running through them.  The US Ambassador Patricia Butenis visited the Coca Cola plant in Biyagama. The British High Commissioner John Rankin visited Unilever Sri Lanka’s newly built factory in Horana and the new Chinese ...

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telegraph.co.uk: Sri-Lankas-former-army-chief-Sarath-Fonseka-calls-for-Arab-Spring-style-uprising.htmlGeneral Sarath Fonseka, the former Sri Lankan army chief jailed for running as an opposition candidate, has declared he will lead an Arab Spring-style uprising to force the government from office. Outlining his return to active politics after he was released from jail in May following pressure fro...

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The Oxford Advanced Learners Dictionary defines ‘reconcile’ as ‘finding an acceptable way of dealing with two or more ideas that seem to be opposed to each other’. ‘Reconciliation’ is defined as ‘an end to a disagreement and the start of a good relationship again,’ and as ‘the process makes it possible for two different ideas ...

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Sri Lanka’s elections are never without bias. It is well known that all polls are slighted by abuse of State resources. Unfortunately, in this instance, the acts have already started and the authorities have already admitted there is little that can be done about it.   With provincial council elections slated for September, a Government-backed ...

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Industry and Commerce Ministry continuously supported us during the last years, says industry Will continue support and infuse R&D too, says Rishad 217 firms and multinationals from Sri Lanka, Argentina, India, Turkey, Thailand and Pakistan at the event Lanka food exports surge by 41% in 2011 to $ 95 m, says Rishad As Sri Lanka’s ...

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The Asian Human Rights Commission recently announced a new initiative, ‘Torture: Asian and Global Perspectives’. It was launched at an event that was jointly organised by the Asian Human Rights Commission and the Centre for Comparative and Public Law at the University of Hong Kong in the Foreign Correspondents’ Club, last month. The bi-monthly magazine ...

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The number of Sri Lankan refugees returning home with the UNHCR’s help dropped during the first half of 2012, compared with the same period last year. This, together with the rising number of asylum seekers, contributes to the conundrum of making people feel at home in Sri Lanka. The latest statistics show that 662 individuals ...

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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, ...

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Former Minister Rohitha Bogollagama this week urged the Government and the private sector to use difficult times as an opportunity to optimise abundant local resources and dynamics, rather than resorting to austerity. “It can be tempting during crisis times to shift to a mode of austerity. However, that might make things worse or prolong a ...

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Govt. calls for strong energy conservation to prevent shortages, says hydro at 12%, CEB loses Rs. 200 m a day By Uditha Jayasinghe   Despite the drought, the Government yesterday assured that there would be no power cuts but stressed on the need to increase power conservation to continue generation until the next monsoon season. ...

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