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Reuters: Pop star Katy Perry was named Billboard’s Woman of the Year on Tuesday, after a whirlwind 12 months in which she split up with her husband and turned their break-up into a hit single and film. Perry, 27, channeled her split with British comedian Russell Brand in late 2011 into the chart-topping hit ‘Part ...
THE events that unfolded with the swearing-in of a new Chief Minister to the North Central Province has brought into sharper focus the practice of collective bargaining in Sri Lanka, with the added dimension of family bartering. Since 2005, as the United People’s Freedom Alliance (UPFA) has entrenched its dominance over the United National Party ...
Reuters: J.K. Rowling takes a step into the unknown on Thursday with the publication of her debut adult novel, five years after the seventh and final instalment of the Harry Potter series became the fastest-selling book in history. “The Casual Vacancy” is virtually guaranteed to top the bestseller lists in Britain, the United States and ...
Royal College Under 12 4x100M relay team, comprising Sacheen Seneviratne, Tharin Boteju, Rohith Navarajah and Kashyapa Amarasinghe, created a new record with a timing of 55.76 seconds at the All Island Relay Carnival held at the Mahinda Rajapaksa International Athletic Stadium, Diyagama from 14 to 16 September . They became the Under 12 Relay Champions ...
South African High Commissioner for Sri Lanka Geoff Doidge hosted a cocktail function for the South African Cricket Team on Wednesday at the Cinnamon Grand, Colombo – Pix by Upul Abayasekara
Half my life I have been a guy who’s a sandwich shy of a picnic. The other half has been one big picnic. It mutates life into one phenomenal contradiction. An ad man of the Pimpernel mould, shy of the cocktail circuit, has to be a first in the showbiz of the biz world. But ...
Reuters: World number one Victoria Azarenka pulled out of the Pan Pacific Open citing chronic fatigue while Maria Sharapova was stunned by Samantha Stosur as the event lost its top two seeds on Thursday. French Open champion Sharapova, Tokyo winner in 2005 and 2009, was upset by Australian Stosur 6-4 7-6 in a quarter-final filled ...
With the T20 World Cup 2012 kicking off, the Hilton Colombo is ready to give all cricket lovers an ultimate T20 cricket experience from 27 September to 7 October at the Poolside from 3 p.m. to 10 p.m. Cricket fans can be a part of this spectacular game, together have a great time with loads ...
Running for the fifth year, the only show for Sri Lankan breed dogs, the Bouwwa Show presented by Blue Paw Trust and the Colombo Municipal Council is taking place this Sunday 30 September 2012 from 10 a.m. onwards at Town Hall Grounds, Colombo 7. There will be special dog shows, such as the Sri Lankan ...
With over 50 years of experience in creating mesmerising beauty, Lakmé since its inception has always celebrated beauty. Lakmé is dedicated to the contemporary woman’s exploration of the fine art of beauty by continuously innovating, offering range of high performance world class colour cosmetics, skincare products and state of the art beauty salons. Lakmé understands ...
With the rejection of the Cabinet decision proposed to resolve the problem of university academics, the issue seems to be dragging without a settlement. The lecturers’ main demands are a salary increase, increase in Government funding of the education system to 6% of GDP (Gross Domestic Product), end to political interference in education, and establishment ...
Sri Lanka has been able to attract US$ 452 million as foreign direct investments (FDIs) by the end of June this year, as opposed to US$ 413 million in the first six months of 2011, a government minister said.
Sri Lankan stocks ended slightly firmer yesterday as investors picked up banking and diversified shares while block deals pushed turnovers to an eight-month high, dealers said, while the rupee firmed as banks sold dollars.
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, ....
What is tipped to be the biggest single largest sole foreign investor project the $ 460 million Krrish Square at Transworks House in Fort will start selling luxury condominium units from today, the Indian promoters disclosed last night. Launching to media and corporates separately, the Krrish Square on the four-acre land area is a mixed ...
Lipton Tea has reached another milestone in Sri Lanka with their latest range of flavoured tea being added to the product portfolio. The company launched three new black tea flavours which include – Earl Grey, Lemon and English Breakfast. Also the re-launch of new packaging and communication of the popular Lipton Clear Green variants – ...
As Sri Lanka’s exports under APTA grew more than three-fold by 2011’s end, the country is suddenly realising the importance of the promising sunrise FMCG segment in the 2.5 billion strong APTA markets led by APTA’s market giant, China. And in the aftermath of Pure Ceylon Tea international brand initiative, Sri Lanka is now beginning ...
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,” ...
Capital Alliance Finance (CALF) yesterday announced plans to raise Rs. 73 million via a one for seven Rights Issue at Rs. 15.00 per share to issue 4.8 million shares. Funds raised via the move, which is subject to shareholder approval, will be utilised to abide by the Central Bank Minimum Core Capital requirement.
Melstacorp Ltd. yesterday completed the acquisition of control of Aitken Spence by buying the remaining 6% stake held by Distilleries. Spence saw 24.7 million of its shares traded for Rs. 3.04 billion, accounting for 71.4% of the day’s turnover. The counter closed at Rs. 130, up by 50 cents after hitting a peak of Rs. ...
Reuters: Sri Lankan stocks ended slightly firmer on Wednesday as investors picked up banking and diversified shares while block deals pushed turnovers to an eight-month high, dealers said, while the rupee firmed as banks sold dollars. The Colombo Stock Exchange’s main index, or all share price index (ASPI), ended 0.29%, or 17.47 points, higher at ...
The sale of global giant Aviva’s Sri Lankan operations to Asian giant AIA had been signed yesterday in Colombo whilst a formal announcement is expected today as reported by the Daily FT on Tuesday. AIA is a market leader in the Asia Pacific region (ex-Japan) based on life insurance premiums, and holds number one positions ...
The Commercial hub of the island, Colombo has recently drawn a great deal of positive attention from Standard Chartered. The bank’s regional teams, impressed with Sri Lanka’s recent economic progress and development in business, have recognised the city as an ideal venue to host global conferences. In the next few months the local branch office ...
Two nominees of Sri Lanka Insurance Corporation have resigned from the Board of eChannelling Plc. following the sellout of an original 25% stake in the company. The nominees were P. Kudabalage who was Chairman and Mohan De Alwis have resigned with effect from 28 September. SLIC as at 31 March 2012 held 25% stake in ...
By Marianne David The head of the country’s best five star city hotel this week made a fresh case for effective and aggressive marketing of Sri Lanka as a holiday destination to maximise benefits from unique advantages and peaceful times. “Sometimes you can be the best, but if nobody knows about it, you’re not going ...
The Consulate General of Sri Lanka Dubai M.M. Abdul Raheem visited Hamriyah Free Zone Authority this week and met with Director General Dr. Rashid Alleem to strengthen bilateral business association and investment promotion between the two countries. During his meeting Raheem highlighted the investment potential and business environment for Sri Lankan business community. Sri Lanka ...
India’s corporate giant TATA Steel’s Head of Corporate Social Responsibility (CSR) Mr. Biren Bhuta is scheduled to deliver the keynote address at the upcoming Best Corporate Citizen Award 2012 organised by the Ceylon Chamber of Commerce. The Best Corporate Citizen Award will be held for the ninth consecutive year on 12 Novemberat the Cinnamon Grand. ...
WSO2, a leader in comprehensive middleware platforms for enabling service-oriented architecture (SOA) and composite application development and deployment, yesterday announced its strategic partnership with Wipro Technologies, the global information technology, consulting and outsourcing business of Wipro Limited (WIT) to offer open source middleware solutions and provide value-added services to c...
Streaming TV on the mobile phone, receiving live cricket updates, surfing websites and downloading games and wallpaper has received a speed-boost in Sri Lanka, thanks to Dialog and Opera Software joining forces to create a co-branded Opera Mini browser for millions of Dialog subscribers. Opera Mini is one of the world’s most popular browsers used ...