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Reuters: Stocks ended slightly firmer on Tuesday as investors picked up banking shares, with foreign interest centred on blue chips, dealers said, while the rupee firmed on dollar sales by banks. The Colombo Stock Exchange’s main index, or All Share Price Index (ASPI), ended 0.18%, or 10.39 points, higher at 5,926.29. “The market is holding ...
The World Twenty20 in Sri Lanka has been hit by suspicions that bottled water supplied to players by the International Cricket Council is behind a gastro illness that affected at least three teams at the event. The ICC declined to comment last night but it’s believed the brand of bottled water provided to the teams ...
President Mahinda Rajapaksa yesterday ceremoniously connected the war-ravaged northern Jaffna peninsula to the national electricity grid, 25 years after LTTE terrorists destroyed the electricity network. President Rajapaksa declared open the high tension electricity transmission line that connects the Northern Province to the national grid at the newly-built Kilinochchi grid station. The President...
Former DG in a presentation to Commission suggests new regime to stick to disclosure based regulation Hints in recent times there was a shift towards merit-based approach Moots SEC shouldn’t micro-manage market but give space whilst severely dealing with any transgressions Calls for elimination of ambiguity and inconsistency by bringing greater clarity on offenses including ...
Globe Mirror Industries (GMI), the first tempering plant to be established in Sri Lanka in 1969 has been awarded ISO 9001:2008 certification, a clear indication of its growth and credibility in terms of maintaining a high standard of quality throughout the years. GMI was started by late Mohammed Nawaz and has since grown to be ...
The Sri Lanka-Poland Business Council (SLPBC) has made significant progress this year, not only in terms of business awareness amongst the business community, but also strengthened relationships with the Polish Embassy in New Delhi and Sri Lanka’s Embassy in Poland. Even though there was no exchange of business delegations between the two countries, total exports ...
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 ...
The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) granted the distinguished associate membership status to 215 passed finalists of the chartered accounting course offered by the Institute at the 2012 annual convocation held at the Waters Edge, Battaramulla on Thursday. Joining a fraternity of nearly 4200 existing CA Sri Lanka members, the ...
Camps which housed 300,000 displaced people by the end of Sri Lanka’s ethnic conflict have now all closed, three years after the war ended, the military said on Tuesday. Once one of the world’s biggest camps, the final batch of 361 families left Menik Farm in the northern district of Vavuniya on Monday, military spokesman ...
UNP MP Karu Jayasuriya yesterday in a statement condemned the alleged interference of the executive on the affairs of the judiciary and renewed his call to people to unite to restore democracy in the country. Following is the full text of Jayasuriya’s statement: The onslaught on this country’s democratic establishments and rule of law institutions ...
Menik Farm in Sri Lanka, once the world’s largest camp for people displaced from the conflict in Sri Lanka in 2009 has closed, as the last remaining inhabitants leave the camp. “This is a milestone event towards ending a chapter of displacement in Sri Lanka some three years after the civil war which ended in ...
Expolanka Holdings PLC walked away with the Best of Category – Grand Award for the year 2011 in Green/Environmentally Sound Annual Reports winning the Gold award from among 2200 entries from 32 countries at the glittering Academy Awards of Annual Reports the 26th ARC Awards International in New York City on Thursday, 20 September. Commenting ...
Mexican food has never failed to excite our taste buds owing to its varied flavours, colourful decorations and variety of spices and ingredients, most of which are native to the country. Evolving through centuries of blending indigenous cultures with European flavours Mexican food is an exciting combination of all these unique flavours. Bringing you Mexican ...
Nothing says opulence like oysters and champagne. Could anything better symbolise the good life? Well MLH has got it right once again and introduced the best oysters to marry with the perfect champagne from 24 to 30 September at the much-loved Seafood Cove. Why is it a must have? Because like sparkling wine, oysters take ...
Seven Degrees North, one of Colombo’s trendiest bars, has introduced an extended ‘Happy Hour’. This late afternoon treat creates a perfect spot to wash away those work troubles with the large selection of cocktails and beverages on offer at Seven Degrees North. ‘Happy Hour,’ initially created to bring work mates together, has taken the world ...
The cuisine in the coastal regions of India is distinct because of the sharp spices, intense aroma and the rich curries. Navaratna presents an authentic menu that captures the flavours of these regions – from Kerala to Mangalore to Goa. Coastal cuisine uses coconut liberally in various forms such as grated, dry grated, fried, coconut ...
Reuters: Struggling cellphone maker Nokia unveiled two new affordable touch-screen cellphone models in a bid to bolster its presence in the mass market and regain customer loyalty. Nokia said on Tuesday it expects the Nokia Asha 308 and the Nokia Asha 309 to retail for about $99, excluding taxes and subsidies, with deliveries to start ...
REUTERS: Apple Inc (AAPL.O) sold over 5 million iPhone 5 smartphones in the three days since it hit stores, but shares sagged as the company struggled to meet demand. While sales were solid, the company said on Monday it had run out of its initial supply and many pre-orders were scheduled to go out in ...
IBM has launched Expert Integrated Systems in Sri Lanka to help organisations achieve greater agility, efficiency, simplicity and control, with a seamless and more dynamic approach to IT. IBM also announced new server solutions designed to expand cloud and analytics capabilities across its entire portfolio, helping make Smarter Computing a reality for clients in Sri ...
The National Chamber of Commerce of Sri Lanka will conduct a one day training program on ‘Telephone techniques, courtesies and effective receptionist duties’ on 11 October from 9a.m. to 4p.m. at the Chamber Auditorium, No. 450, D.R. Wijewardena Mawatha, Colombo 10. Beneficiaries of the training will be receptionists, front liners, telephone operators and telemarketers who ...
Depending on the success of OTTC, Fonda Global will invest in projects over US$ 3 million, Fonda Global Engineering Director James Siow said. “We are testing the waters with this one,” he said. If the venture is successful, more Singapore businesses will also look at Sri Lanka to invest. “There are over 100 Singapore businesses ...
By Cheranka Mendis Leading engineering and construction company from Singapore Fonda Global Engineering Lanka (Pvt) Ltd. yesterday agreed to invest US$ 1.5-3 million in a training and testing centre for construction skill workers in Katunayake as per the guidelines of the Singapore Government. The centre will be known as the Overseas Testing and Training Centre ...
Japan Association of Travel Agents, known as JATA, held their Annual Travel Show in Tokyo. The JATA is by far, the largest association of travel agents in Japan. About 12 travel agents and companies from Sri Lanka participated at the JATA. Ambassador Admiral Karannagoda and Chairman Nishantha Wickramasinghe along with the Deputy Minister of Disaster ...
World Tourism Day is celebrated worldwide on 27 day of September each year. This year will mark the 33rd Anniversary of the UNWTO World Tourism Day and UNWTO has declared ‘Tourism and Sustainable Energy: Powering Sustainable Development’ as this year’s theme. The Ministry of Economic Development along with Sri Lanka Tourism Development Authority organised ...
Sri Lanka participated at the annual IFTM Top Resa (International French Travel Market) that was held in Paris from 18 September to 21 September. Flagship fair for the tourism sector, IFTM Top Resa brings every year thousands of travel agents from across the world that come to present their products and services to the industry’s ...
A two-day training program for hiring vehicle drivers catering to the tourism industry commenced on Monday in Arugambay. The two-day program conducted by Sri Lanka Tourism Development Authority will provide vital information and training to hiring vehicle drivers catering to the Tourism Industry in the area. Over 50 hiring vehicle drivers who are taking part ...
CHILD abuse hits headlines with sickening frequency in Sri Lanka, but new data suggests that victims have to wait as much as six years, often enduing mind-numbing stigma and distress, before they are given justice. IRIN reported over the weekend that Sri Lanka is taking as long as six years to prosecute criminals who abuse ...
What is planning? Planning (also called forethought) is the process of thinking about and organising the activities required to achieve a desired goal. Planning involves the creation and maintenance of a plan. As such, planning is a fundamental property of intelligent behavior. This thought process is essential to the creation and refinement of a plan, ...
Browns Group has grown from strength to strength recording a 19% growth in revenue to Rs. 14.4 billion while profitability was also up by 6% for the year ended April 2012. Group Managing Director and CEO Murali Prakash stated, “The best performing sectors were agriculture, general trading, consumer, retail, plantation support services and power systems, ...
Leading textile companies from Taiwan will be exhibiting a wide range of quality design and high performance textile and garment products in Colombo at the Taj Samudra, Upper Crystal Room, on 30 and 31 October 2012. After a decade long success story of textile fairs in India, Taiwan Textile Fair now expands into Sri Lanka. ...