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

Watching the World T20 matches on TV – currently being played in Sri Lanka, I noticed a Tourist Board commercial on the theme ‘Refreshingly Sri Lanka – Wonder of Asia.’ Immediately I recalled last year’s stamp released to mark World Tourism Day. Sri Lanka issued ten stamps with an attractive souvenir sheet carrying all the ...

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

Although the Asian region is better prepared for economic turmoil than it was a decade ago, high levels of financial, trade and investment integration with the Western economies ensure that no country is immune to the effects of the Eurozone debt crisis. While most of the European Union (EU) economies struggle to design new austerity measures to ...

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

World-famous Amanresorts Chairman Adrian Zecha has expressed his bullishness in post-war rebound in Sri Lanka’s tourism, which has encouraged him to explore fresh opportunities for expansion. “The post-conflict economic development process is visible everywhere in Sri Lanka. Our resorts in Sri Lanka were not economically viable during the pre-conflict period. But thanks to the peace, ....

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

Asian Development Bank (ADB) Vice President Xiaoyu Zhao has declared that Sri Lanka has big potential than any other country in Asia to become the most viable and attractive regional economic hub. “Strategic location, post conflict infrastructure development initiatives, peace and stability, high economic growth and able leadership are the main factors behind these potential,” ...

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

Reuters: Chinese university teacher Zhu Haibin wept softly as she and other Communist Party cadres stood in rows before a mass grave of Communist fighters in southern China. Ignoring light drizzle, the group listened to a party instructor tell the story of Zhang Longxiu, a “hero mother” from the early days of China’s Communist revolution ...

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

The Embassy of Sri Lanka in Tokyo organised a high profile “Sri Lanka Promotional Seminar” consisting of over 150 officials and personnel engaged in the sphere of tourism and travel trade, leaders of corporates and industry of Japan, senior bureaucrats and technocrats of the Government of Japan and select invitees.  The said Seminar was held ...

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

A number of articles which appeared in print media in the recent past signify the volatility in the economy. High volatility leads to vulnerability. Volatility and vulnerability are reflections of the haphazard nature of the economic policies and poor economic governance in a country. What is volatility? Volatility is the severity and the frequency with ...

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

Speaker of Lok Sabha, the Lower House of the Parliament of India, Meira Kumar called on President Mahinda Rajapaksa on Thursday at Temple Trees. The Speaker was accompanied by Prof. P.J. Kurien, Deputy Chairman, Rajya Sabha, Ashok K. Kantha, High Commissioner of India, and T.K. Viswanathan, Secretary General, Lok Sabha. The meeting was held in ...

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

Singapore, Hong Kong and Sydney have the strongest brand perception among major cities across Asia-Pacific, according to a new study by Ogilvy Public Relations and PublicAffairsAsia. Those cities were followed in descending order by Tokyo, Melbourne, Shanghai, Seoul, Osaka, Bangkok, Beijing, Kuala Lumpur, Ho Chi Minh, Mumbai, Delhi, Jakarta and Manila. A total of 300 ...

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

It was well past the graveyard shift, but I had to get to Minister Mervyn Silva. Evil-doers had cast a fiendish spell and he had just promulgated his impending suicide. His has been a monumental crusade for the oppressed, goats including. I raced towards Kelaniya. Just then the phone rang. His young son Malaka had, ...

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

Reflecting his bullishness on post-war rebound in tourism, former Delmege Chairman Ricky Mendis yesterday bought an 8% stake in Serendib Hotels Plc for around Rs. 142 million from Royal Ceramics Plc and its high net worth investor Managing Director Nimal Perera. In total 6.7 million shares of Serendib Hotels transacted via 312 trades for Rs. ...

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

Around 1,000 delegates in town for Commonwealth Parliamentary Conference and connected activities this week The entire Common-wealth is literally here as Sri Lanka plays host to the grouping’s annual gathering of Parliamentarians – this week, giving the country an excellent opportunity to be assessed firsthand as well as lift its profile globally. The 58th Annual ...

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

 Incident could affect Madurai getting international connectivity: Trade bodies The Hindu: The recent tension over the presence of Sri Lankans in Tamil Nadu has caused trade bodies in southern districts worry over the prospects of international connectivity for Madurai as the first full-fledged international flight was scheduled from Colombo on 20 September. While not going ...

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

A goat’s best friend is Mervyn! The populace has been cruel to him. Ok, to the goat too, but I am talking about a man willing to be incarcerated just to liberate a hapless animal. Thankfully, the President interceded and saved the day for both. The Minister had promised to defy a Court order and ...

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

According to figures collected by PATA, international visitor arrivals into Asia Pacific destinations during May 2012 show a collective gain of 3% year-on-year. This is the second consecutive month with a declining growth rate. For the first five months of 2012, the average growth in international visitor arrivals into Asia Pacific destinations was 6% up ...

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

NAIROBI (Reuters): Kenya’s horticulture export earnings are expected to grow by 10%this year thanks to above-normal rainfall, but the eurozone’s financial woes were expected to dampen demand for flowers, a senior industry official said on Monday. Horticulture is one of the east African country’s leading sources of foreign exchange alongside tea exports and tourism. The ...

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

By Marianne David and Cheranka Mendis The safari savagery that erupted last week with mobile tented safari operators being attacked seems to have reached a ceasefire of sorts, following two meetings between stakeholders on Wednesday. Employees attached to Mahoora Safari Camps, Kulu Safaris and Leopard Safaris were assaulted by mobs affiliated to the Tissamaharama Jeep ...

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

Human rights Human rights are on the top of agenda today. Nations accuse each other of violations of human rights of themselves and others. Rights are generally violated during conflicts and wars as the strength of the weapon supersedes peace over and stability and rule of law. There is no shortage of conflicts in most ...

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

WASHINGTON, (Reuters): Singapore’s economy is set to weaken this year on the back of weaker global demand and related international financial and trade strains emanating from the euro zone debt crisis, the International Monetary Fund said on Monday. “Under the benign global baseline scenario, growth is forecast to soften this year to just below 3 ...

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

The Sri Lanka Institute of Marketing (SLIM) together with the Bucks University featured the 2012 award winners from Singapore of global business associations and chief marketing officers under the theme ‘Is The Party Over?’ at Galadari Hotel, where a select audience of 200 business and marketers attended the event. Some of the key points discussed ...

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

Given first half performance, believes several 2012 Roadmap targets will be missed UNP MP and its chief spokesman on the economy Dr. Harsha de Silva yesterday claimed that most of the Central Bank’s 2012 Roadmap targets were likely to be missed, based on below par performance on the external trade front during the first half. ...

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

By Shanuka Tissera Leading bankers were given the opportunity to discuss the method of approvals of OPIC funding and political risk insurance, facilitated by the International Executive Service Corps (IESC) and the American Chamber of Commerce Sri Lanka (AMCHAM) for US equity sponsored projects. The keynote address was delivered by the Governor of the Central ...

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

Leaders of Sri Lanka and Maldives agree to extend and strengthen bilateral cooperation on a wide range of issues when they met for discussions on Thursday. President of Maldives Dr. Mohamed Waheed Hassan Manik accompanied by First Lady Ilham Hussain arrived in Sri Lanka on Thursday on a two-day official visit. His Sri Lankan counterpart ...

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

Last week I had the opportunity of meeting Hermawan Kartajaya, one of the top 50 gurus who has shaped the world of marketing. His perspective to the changing landscape of marketing and what business must do sure opened my mind set to a new way of thinking business and Sri Lanka’s policy decision making. Hermawan ...

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

BANGKOK, THAILAND: Myanmar could follow Asia’s fast growing economies and expand at 7% to 8% a year, become a middle income nation, and triple per capita income by 2030 if it can surmount substantial development challenges by further implementing across-the-board reforms, a new Asian Development Bank (ADB) study says. ”Myanmar’s strategic location, rich natural resources ...

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

IN a challenging economic environment, tourism is Sri Lanka’s lifeline to development. However, increasing political tensions, crime rates and stand-offish Government policy is threatening to choke this much-needed revenue.   Sri Lanka has decided to challenge a British Government travel advisory warning Britons over an upsurge of nationalism, sexual offences and anti-Western rhetoric i...

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

Brand Finance’s Annual Global Nation Brand Analysis Prologue Over the past three years, nation branding has received an enormous amount of coverage in Sri Lankan newspapers. Whilst some of these are based on the need to provide a marketing approach to building a nation, and its brand; many of the articles focus on developing a ...

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

Point of view By a market participant The investors were compelled to wait nearly 17 years to reap the benefit of a real bull run in 2009 after the elimination of the LTTE terrorism and how the SEC destroyed it within a one-and-a-half year period due to ill conceived, irresponsible decisions is well known and ...

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

Sri Lanka and Swaziland Tuesday signed an agreement on Economic, Commercial and Technical Cooperation between the two countries following bilateral discussions held between Sri Lankan President Mahinda Rajapaksa and the visiting King Mswati III of Swaziland. King Mswati III accompanied by Queen Inkhosikati LaMahlangu and his delegation arrived in the island yesterday for a three-day ...

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

Sri Lanka and Swaziland Tuesday signed an agreement on Economic, Commercial and Technical Cooperation between the two countries following bilateral discussions held between Sri Lankan President Mahinda Rajapaksa and the visiting King Mswati III of Swaziland. King Mswati III accompanied by Queen Inkhosikati LaMahlangu and his delegation arrived in the island yesterday for a three-day ...

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