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The ‘Speed Championship 2012’ round three organized by Asian Motor Racing Club is scheduled to be worked off at the Speed Drome Pannala on October 14 from 8.30 a.m. The two rounds held earlier has not shown any driver with a clear indication of the championship except for the SL-GT Cars up to 3500cc where ...
Reuters: Sri Lanka beat New Zealand via Super Over in the first Super Eight stage match of the Twenty20 World Cup at the Pallekele International Cricket Stadium on Thursday. Opting to bat first, New Zealand posted 174 for seven wickets after Rob Nicol (58) and Martin Guptil (38) had provided them a strong start. Sri ...
(Reuters):Sri Lanka could turn to uncapped teenager Akila Dananjaya if spinner Ajantha Mendis fails to recover from injury in time for the World Twenty20 Super Eight game against New Zealand at Pallekele on Thursday. “He’s certainly very close to playing,” Sri Lanka coach Graham Ford said on Wednesday. “He was probably going to play against ...
Reuters: Yuvraj Singh was denied a fairytale comeback from serious illness as New Zealand beat India by one run in a see-saw Twenty20 International to win the two-match series on Tuesday. Brendon McCullum’s 55-ball 91 lifted New Zealand to a total of 167 for five and India finished on 166 for four to give the ...
A salutary reader interest on share market regulation A reader of the previous week’s My View titled ‘SEC: Not a mere watchdog, but a bloodhound mandated to bite’ has raised an important issue with this writer. He has asked the question why it is necessary to have a regulator to police the financial markets and ...
The SLASSCOM Quality and Business Excellence Summit 2012 was held with the aim of bringing together the CXOs and the quality practitioners of Sri Lanka’s IT-BPO industry, recently at Cinnamon Lakeside, Colombo. The summit focused on ‘Quality as Value Arbitrage for Growth’ emphasising on the significance of inculcating quality as an attribute of personal excellence ...
All 12 men’s squads for the ICC World Twenty20 Sri Lanka 2012 have now been confirmed with the very best players in the world getting ready for the big event, which gets underway in Sri Lanka next month. Defending champion England will be led by Stuart Broad and features a strong line-up that includes, eight ...
Commissioners given freedom to decide future course with regard to DG post Dr. Jayasundera says top professionals picked to give leadership to a sound capital market growth Priyantha and Sujeewa served as Commissioners under Indrani Sugathadasa as well Opposition and certain market segments decry choice of men given their conflicting roles By Nisthar Cassim Likely ...
Last week I had the opportunity of meeting the Maldivian business delegation that was in Sri Lanka with their Head of State to sign a series of bilateral agreements with the Government of Sri Lanka. One CEO of a large resort chain in the Maldives said the climate change issues that the Maldives is up ...
A historic battle took place in the Kande Uda Rata Rajadhaniya, in the course of one of the many invasions by the Western colonial powers who once occupied what was known as the Maritime Provinces of Lanka, at the site of the ford at Wagolla village, a crossing point of the Mahaweli river on one ...
Hambantota (Sri Lanka): A rejuvenated India would look for a winning start to the new season but the task would be easier said than done against a strong Sri Lanka as the two sides clash in a five-match ODI series starting here tomorrow. Barring the Indian Premier League, Mahendra Singh Dhoni’s India have not been ...
The International Fiscal Association Sri Lanka (IFASL) branch will hold a seminar on Taxation at the Hotel Ramada on 7 August from 9a.m. to 100 p.m. The objective of the seminar will be for the participants to receive firsthand information about the amendments to the Inland Revenue Act, Value Added Tax Act and other Acts ...
UNP MP Karu Jayasuriya has called for the Opposition parties to unite to abolish the Executive Presidency saying it was the singular enemy of Sri Lanka. Here is the full text of Jayasuriya’s statement: Everything that presently ails Sri Lanka hinges on a single factor – the Executive Presidency that concentrates all power in the ...
Let me begin my thoughts with a quote generally attributed to Ralph Waldo Emerson: “Build a better mousetrap and the world will beat a path to your door.” The argument goes that if you have a superior product, then customers would seek you out. Is Ceylon Tea good enough for the world to beat a ...
Round four of the AMRC Formula Championship 2012 organised by the AsianMotor Racing Club will be worked off at Pannala Race Circuit on 1 July. The races are scheduled to commence at 9a.m. with qualifying in the morning session and the race in the afternoon. The events are Formula Mclarens 1300cc, Ford Formula 1600cc and ...
Worldwide expert in the field of high-tech Lubricants, Motul, along with Dynamic Motors Limited, launched the latest evolution of its 300V Ester Core range of Products on Saturday 9 June, in Colombo, amidst a large and distinguished gathering from the corporate sector, motor racing arena and foreign delegates. Dynamic Motors Limited has been appointed as ...
Ford Motor Company unveiled the highly anticipated all-new Ford Ranger at the Ceylon Motor Show 2012, where Sri Lankan consumers will be able to see and experience the redesigned vehicle for the first time. The class-leading compact pickup truck has been completely reinvented, offering superior performance, safety, technology and quality. Ford returns to the Ceylon ...
The CEAT Racing Team continued its strong showing on Sri Lanka’s motor racing circuits, with seven podium finishes in the six races it competed in at the Cavalry Supercross at Pangolla. Riding ace Gayan Sandaruwan took first place in two races (Group MX – Motorcross Bikes up to 125 cc-2T and up to 250 cc-4T) ...
A laudable goal that needs much more workSocial justice to be the Government’s development philosophy The development philosophy of the present Government, as pronounced in the Annual Report of the Ministry of Finance and Planning for 2011 released two weeks ago, is a blend of social justice with economic progress (p 14). This is a ...
Government’s commitment: Will improve state enterprises The Annual Report of the Ministry of Finance and Planning for 2011, just released, has, among many others, one important positive message for the nation. It has reiterated the Government’s commitment, as it had done earlier too, to improving the performance of what it calls State Owned Business Enterprises ...
ESPNcricinfo: Former Sri Lanka coach Geoff Marsh has sent a letter of demand to Sri Lanka Cricket (SLC) after he was sacked just three months into his two-year contract. Sri Lanka Cricket, reacting to Marsh’s letter, said it had taken the appropriate steps prior to terminating his services. Confirming it had received Marsh’s letter, Sri ...
CHENNAI (TrustLaw): Indian villager Jaya places the bright pink, sequined, moulded C-cupped designer bra under the needle of her sewing machine and carefully stitches the seams together. The padded “Very Sexy” push-up bra which 22-year-old Jaya sews is for American lingerie retailer Victoria’s Secret – designed to give a “boost” to buyers in hundreds of ...
Round two of the Speed Championship 2012 organized by Sri Lanka Motor Cycle Club will start off on May 27 at the Pannala International Circuit commencing at 9.00a.m. Speed Championship 2012 round two will see all leading drivers and riders get involved in a battle to take the lead which is vital for them to ...
Top professional Nirmal Fernando has been appointed to the Board of Directors of Watawala Plantations Plc with effect from 17 May. Fernando is a Fellow Member of the institute of Chartered Accountants, Sri Lanka (FCA) and holds a Masters Degree in Business Administration (MBA) from IMD (Lausanne). He recently retired from the position of Managing ...
By Cassandra Mascarenhas There is now a growing belief that there should be better representation of marketing experts on corporate boards, both in Sri Lanka and globally. To discuss the importance of a marketer’s role at board level, the Sri Lanka Institute of Directors in partnership with the Chartered Institute of Marketers Sri Lanka Region ...
Sri Lanka’s best-selling radial tyre brand CEAT has consolidated its position in the market by adding three new sizes with improved performance features. The company said the introduction of three new CEAT radials sub-branded ‘Milaze’ increases the number of sizes in the brand’s car radial segment to eight, and more options are expected in the ...
Bartleet Finance Plc has announced the appointment of veteran financier S. Sirikannathan to its board as a Non Executive Director. ‘Sri’ as he is affectionately known, counts over 40 years of audit experience and was the engagement partner in audits of star-class hotels, conglomerates, development organisations, multinational banks, finance companies and several listed companies....
The economy grew at 8.3% last year, the highest-ever pace, up from 8.0% in 2010. Per capita income went up from US$ 2,400 to $ 2,836. Fine, but we need to ask two questions: What are the costs incurred? Is this growth sustainable? Before that, a word of caution regarding the interpretation of Gross Domestic ...
In the past a dreamer was viewed as insane, whereas especially after the world renowned Martin Luther King, Jr. people have realised that it is no longer holds true. Today the ability to win the world lies on the power of dreaming and it is very important that although we may be tempted to deviate from our dream ...
Transforming the peaceful countryside of Nuwara Eliya into a hive of activity and noise with its roads turned into racing circuits was the 78th Motul Mahagastotte that took place last week. With its narrow tracks and tight corners, the race circuit is considered by many to be a tacky one, but for the Ceylon Motor ...