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A fusion of glamour and festivities awaits guests at the annual gala dinner organised by the Sri Lanka India Society to celebrate India’s Independence Day. The celebratory dinner will be held today from 6. 45p.m. at Taj Samudra. The Chief Guest at the dinner will be High Commissioner of India to Sri Lanka Ashok K. ...
- ‘Sthree Utsav 2012’ by The Sri Lanka India Society to dazzle Colombo (Category: Business)
- Rs. 200,000 from US Ambassador’s Ball to Sri Lanka Wildlife Conservation Society (Category: Business)
- Mega ‘India Show’ in August 2012 to boost bilateral trade with Sri Lanka (Category: Business)
- It was Bachchan's decision, not IIFA (Category: Breaking News)
The location of Sri Lanka has a strategic significance and this has been proven by the historical trading activities between Sri Lanka and ancient China, Egypt, and the Roman Empire. There is ample evidence to show that Sri Lanka was a main trading hub in Asia. The reasons for occupation of Sri Lanka by the ...
- Accelerating inclusive growth: The role of the external sector (Category: Business)
- Sri Lanka to revive FTA talks with India, China and Thailand (Category: Breaking News)
- Is Sri Lanka geared for globalisation? (Category: Business)
- EDB turns 33 (Category: Business)
Xinhua: Sri Lanka’s topmost Tamil minority minister in the northern town of Jaffna on is confident that the government will be able to finalise a political solution for the Tamils. The minister of Traditional Industries and Small Enterprise Development, Douglas Devananda, told Xinhua in an interview that the solution should be based on 13 Amendment ...
- Meeting of revived pro-Eelam outfit in Chennai on Monday (Category: Business)
- Outside conspiracies will not be allowed – Mahinda (Category: Business)
- German Foreign Ministry Head of Asia-Pacific Political Affairs visits Sri Lanka (Category: Business)
- President denounces Tamil National Alliance’s call for international inquiry (Category: Business)
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 ...
- Achieving economic goals amidst global challenges (Category: Business)
- Raising the bar: The rise of the Sri Lankan economy (Category: Business)
- Lion leads frontier markets (Category: Business)
The first Prime Minister of independent India, Pandit Jawaharlal Nehru, wrote 75 years ago: “It would be absurd to say that the profit motive does not appeal to the average Indian, but it is nevertheless true that there is no such admiration for it in India as there is in the west. The possessor of ...
- Corporatism: A step beyond state capitalism (Category: Business)
- The rise of State capitalism: new masters of the universe or an ominous portent? (Category: Business)
- Impunity: Unequal before the law (Category: Business)
2012 unlikely to match up to 2011 tea revenue; stakeholders’ voice uncertaintya By Cheranka Mendis The tea industry which brought in revenue of approximately US$ 675 million within the first six months of this year – US$ 50 million below the revenue collected in the same period in 2011 – is likely to fall short ...
- Hub is no hoodoo, says TEA (Category: Business)
- Tackling tea travails (Category: Business)
- Tea exporters want Gota to defeat mafia (Category: Business)
- Industry discusses Ceylon Tea’s ‘ExclusiviTea’ (Category: Business)
Playing off India against China and vice versa‘The Great Game’ was the name given to a diplomatic and military tussle between the British and Russian empires during the time of the British Raj in India for influence over what constitutes today’s central Asian states. Commonly known as the ‘Stan states,’ they were located along the ...
- Fearing political pressure, Sri Lanka president wants to avoid trade integrations with India (Category: Breaking News)
- Sri Lanka is no pearl on China’s string: President (Category: Business)
- From defence sales to electricity grids, India upgrades Lanka ties (Category: Business)
- In bid to counter China, US ramps up effort to boost military ties in Asia (Category: Breaking News)
A farewell dinner was organised by the Sri Lanka-Russia Business Council of the Ceylon Chamber of Commerce for Vladimir Mikhaylov and Madam Mikhaylov in recognition of the yeomen services rendered by Mikhaylov during his tenure as the Patron of the Council. The event was held on 6 July 2012 at the Dukes Court, Cinnamon Lakeside ...
- Seminar on ‘Bilateral Trade with Russia’ (Category: Business)
- Russian envoy calls for stronger SL-Russia ties (Category: Breaking News)
- SriLankan Airlines launches flights to Moscow today (Category: Business)
- Surprised by the language used in report and baseless allegations - Mikhaylov (Category: Breaking News)
Five teenage schoolchildren from Sri Lanka who had lost a family member to an act of terrorism attended this year’s ‘Project Common Bond’, a weeklong peace building and conflict resolution program held in the US. The program was organised by Tuesday’s Children, a New York based non-profit organisation serving the needs of those affected by ...
- Lankan students on US tour (Category: Breaking News)
- Massive draw for Lanka’s $ 1 b bond (Category: Business)
- Education Ministry partners Microsoft to launch DreamSpark (Category: Business)
- Pakistan Govt. announces Jinnah Educational Scholarships 2012 for Sri Lankan youth (Category: Business)
UNCTAD released its World Investment Report 2012 recently. The report indicated that for the first time since 2007, global FDI inflows increased by 16% despite the continuing effects of the global and financial economic crisis. However, UNCTAD predicts the FDI growth rates to decline in 2012 due to economic uncertainty and the possibility of lower ...
- UNCTAD moots new generation of investment policies for sustainable development (Category: Business)
- Global FDI defies crisis to jump 17% to $ 1.5 trillion in 2011 (Category: Business)
- Global FDI slumps as debt crisis scares M&A away: UN report (Category: Business)
- Global FDI losing momentum in ’12 (Category: Business)
By Shamil Samsul Mueen 1. Introduction The global financial crisis has raised imperative issues concerning the stability and reliability of existing financial systems. This has driven an extensive global re-examination on the competence of the existing financial architecture and the search for a more enduring solution. As a result an increasing interest in Islamic finance ...
- HNB launches Al-Najah Islamic banking unit (Category: Business)
- Islamic finance: Challenges and opportunities (Category: Business)
- Islamic banking and finance advisory services to assist financial institutions (Category: Business)
Four examples; two bad and two goodThe website of the London Economist newspaper has a reference to an official of a certain country referring to a journalist in words similar to what follows – I have substituted words which would be appropriate to an officer and a gentleman addressing a lady, for what was actually ...
- Corporatism: A step beyond state capitalism (Category: Business)
- Entrepreneur and the profit motive (Category: Business)
- Exercising civic responsibilities (Category: Business)
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 ...
- Lion leads frontier markets (Category: Business)
- Young political guns speak up for economy (Category: Business)
- Ceylon Chamber spearheaded repositioning post-war Sri Lanka forum kicks off today (Category: Business)
- Sustainability in volatility: The bankers’ challenge (Category: Business)
The Oxford Dictionary tells us that being ‘happy’ is being cheerful with feelings of pleasure or satisfaction. ‘Satisfaction’ is, in turn, when you are pleased because you have achieved something or because something has happened as you wanted it to. A synonym is being ‘content’ – being happy and satisfied with what you have. Rulers ...
- Achieving economic goals amidst global challenges (Category: Business)
- Transforming education in Sri Lanka (Category: Business)
Reuters: Holders Spain set up a European Championship semi-final with Iberian rivals Portugal after an uninspiring 2-0 win over France on Saturday which featured yet another headed goal but prompted boos from a sometimes bored crowd. The tournament has generally been graced by high quality, exciting soccer so far but for all Spain’s skill at ...
- Spain’s Iniesta named Euro 2012’s best player (Category: Business)
- Spain dominates World Player of the Year shortlist (Category: Business)
- Dutch top FIFA rankings without kicking a ball (Category: Business)
- Spain leads, Uruguay pips Germany in FIFA world rankings (Category: Business)
A document named ‘Growing Together’ prepared by UNESCAP for the sixty sixth session of ESCAP states that the realisation of what is termed as the ‘Asia Pacific century’ will depend on the region’s ability to harness the potential of regional economic integration. A shared history and culture, complementarities arising from their very different levels of ...
- Asia Pacific trade and investment (Category: Business)
- Challenging times for Asia Pacific (Category: Business)
- More challenging global environment ahead for Asia Pacific region (Category: Business)
- Asia sees red over ‘green economy’ (Category: Business)
Ballooning trade gap Even with the multitude of measures taken to curb imports, Sri Lanka's cumulative trade deficit widened to nearly US$ 1.7 billion in the first two months of the year with earnings from exports increasing marginally by 3.3 per cent to US$ 1.8 billion whilst import expenditure shooting by 24.7 per cent to ...
- Hub is no hoodoo, says TEA (Category: Business)
- Marketing 3.0 and Sri Lanka (Category: Business)
- ‘Pure Ceylon Tea’ or ‘tea hub’? The billion dollar question (Category: Business)
- Do people prefer coffee over tea? (Category: Business)
After the LTTE was defeated, a campaign designed to promote Sri Lanka as a leisure and investment destination labelled ‘The Small Miracle’ was shot down, ostensibly on the ground that the miracle was in no way ‘small’. The marketing value in Sri Lanka’s compact size, our rich biodiversity, the diversity of leisure locations and physical ...
- Lanka’s economic miracle turns sour (Category: Breaking News)
- ‘Burmese Lessons’ for Sri Lanka (Category: Business)
- Suu Kyi’s party claims landslide win in Myanmar vote (Category: Business)
ww.wsws.org: On May 20, the Socialist Equality Party and International Student for Social Equality (ISSE) held a successful congress of plantation workers at Hatton, in Sri Lanka’s central hill region. A number of workers, including several dozen from the Nuwara Eliya and Badulla tea plantation districts, as well as youth and students from Jaffna, Kandy ...
- “Imperialists shed crocodile tears over HR violations” – Basil (Category: Business)
- Plantation sector gets global recognition for best practices in HRD (Category: Business)
- Plantation industry needs long-term Master Plan: Malik Fernando (Category: Business)
News reports point to an important decision that the minister concerned has been requested to make on the above subject. If this is correct it is important that we recognise that it is more than a million dollar decision that has been called for. It is so important a decision because it could determine the ...
- Storms brewing in teacups (Category: Business)
- Storm in Sri Lanka’s teacup: A more pragmatic approach is key (Category: Business)
- SL must become a tea nation, but… (Category: Business)
Technology and Research Deputy Minister Faiszer Musthapha, who was among the Sri Lankan delegation to the UNHRC sessions in Geneva, says there are issues in any country when majorities and minorities live together. “Such issues can only be solved through dialogue. Any third party intervention makes the issues more complicated and totally destroys countries. Iraq, ...
- Sri Lanka unfazed by UN Rights Resolution (Category: Business)
- India’s action and government’s reaction to UNHRC Resolution (Category: Breaking News)
- A tense visit (Category: Business)
- US Pot Boils While Govt. Steps Up Diplomatic Offensive (Category: Breaking News)
ISTANBUL (Reuters) : After a year of sanctions and sabre-rattling over Iran's nuclear programme, negotiators from Tehran and six world powers finally resumed talks and found at least enough common ground to agree to meet again next month. With threats of war hanging over an already unsettled Middle East, U.S. and other Western diplomats welcomed ...
- Iran imposes oil ‘counter-sanctions’ on EU (Category: Business)
- Iran offers “new initiatives” for talks with powers (Category: Business)
- Iran halts oil sales to UK, France on eve of talks (Category: Business)
- Israel calls for tougher Iran sanctions (Category: Business)
The heads of state of BRICS countries met for the fourth time at their annual summit, this time held in Delhi. The original BRICS countries are Brazil, Russia, India and China with South Africa joining later on. These countries belong to the category now described as emerging economies. The BRIC countries together represent over 40 ...
- BRICS to eye joint bank, exchange ties at summit (Category: Business)
- CCC reaches out to emerging markets through BRICS-PED (Category: Business)
- BRICS eye creation of multi-lateral bank (Category: Business)
- BRICS nations gird to pressure West over imbalances (Category: Business)
By Kanwal Sibal Daily Mail, UK: Many arguments can be made against our decision to vote against Sri Lanka in the Human Rights Council in Geneva, a decision highly questionable from the foreign policy point of view. Domestic compulsions seem to have outweighed foreign policy considerations in this case. India and the West have been ...
- India 'inclined' to vote against Sri Lanka at UN: PM (Category: Breaking News)
- UN war crimes resolution: India votes in favour, but says give Lanka time for reconciliation, pe... (Category: Breaking News)
- “UNHRC battle will be fought to the very last minute”: Ambassador Tamara Kunanayakam (Category: Business)
- Sri Lanka confident of support from other countries (Category: Breaking News)
By Amantha Perera IPS: As the UN Human Rights Council (UNHRC) voted in, Thursday, a resolution asking Colombo to act on recommendations made by its own Lessons Learnt and Reconciliation Commission (LLRC), Buddhist prayers reverberated through the Sri Lankan capital. “It is a resolution that encourages Sri Lanka to implement the recommendations of its own ...
- US to support UN resolution against Sri Lanka (Category: Business)
- US prepares for bitter showdown with Sri Lanka over war crimes (Category: Breaking News)
- Avoid another resolution, urge Elders (Category: Breaking News)
- why is Sri Lanka opposing US-sponsored resolution to implement its own LLRC recommendations? (Category: Breaking News)
Today is 19 March 2012. The day and the month of March are significant in the lives of many people – some celebrating birthdays, some wedding anniversaries, while others nurse what is yet left over from the hangover of the three day drawn encounter that we experienced a week ago or the limited over Royal ...
- Measuring sustainable wellbeing (Category: Business)
- Warm welcome for war crimes agenda architect (Category: Breaking News)
- S. Thomas’, Royal, Oxford and Cambridge (Category: Business)
- US stronger 10 years after 9/11 attacks: Obama (Category: Business)
With just 12 days to go, Sri Lanka’s largest mega trade, investment and tourism promotion initiative ‘Expo 2012’ has attracted close to 1,200 people, exceeding the expected 1,000 mark, EDB Chairman Janaka Ratnayake said yesterday. Speaking to the Daily FT, he asserted that the number of participants had increased by 500 from last week, when ...
- ‘Expo 2012’ promoted in Dubai (Category: Business)
- EDB, UK High Commission promotes Sri Lanka Expo 2012 in London (Category: Business)
- Robust exports to get boost via Expo 2012 (Category: Business)
With the country abuzz with the contentious US resolution on Sri Lanka at the ongoing UNHRC sessions Asia Wealth Management Research team has come up with a brief analysis of the move’s impact if any. Here are excerpts from Asia Wealth’s analysis: The US proposed resolution on Sri Lanka in the current session of the ...
- Protests for power (Category: Business)
- India instrumental in toning down resolution against Sri Lanka (Category: Business)
- Consider Sri Lanka an ethical, profitable trading partner: British envoy (Category: Business)
- The fight is on! (Category: Business)
Geneva: The United States Wednesday submitted the draft resolution against Sri Lanka to the United Nations Human Rights Council at its 19th session in Geneva. The draft resolution submitted to the UN body notes the report of Sri Lanka’s domestic Lessons Learnt and Reconciliation Commission (LLRC) and its findings and recommendations while acknowledging its possible ...
- Resolution moderate and balanced US makes opening statement (Category: Breaking News)
- Samarasinghe returns to Geneva as Channel 4 readies to release second video (Category: Business)
- US delegate’s statement introducing the resolution against SL (Category: Breaking News)
- Govt. to include progress in implementing LLRC recommendations in UPR report (Category: Business)
Thousands of women in the apparel industry deserve respect for being partners in Sri Lanka’s highest foreign exchange earning sector By Uditha Jayasinghe Sri Lanka’s apparel industry clothes the world and earns the largest amount of foreign exchange but is struggling to retain its workforce as an estimated 30,000 vacancies remain open in hundreds of ...
- Apparel Exporters blame Govt. for lack of support (Category: Business)
- Wall Street Journal spotlight on Brandix’s global push via regional foray (Category: Business)
- Growth maintained in apparel exports (Category: Breaking News)
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