Sri Lanka News Explorer
Last 7 Days
Older News
- Older than 2023-Dec (154)
Narrow by Category
- Business (154)
Brent crude fell near $113 a barrel on Thursday as renewed jitters over the euro zone crisis overshadowed fears of Iranian supply disruption after the European Union agreed to cut off oil imports from the No. 2 Opec producer. Oil prices are capped by worries that the euro zone crisis could slow down the global ...
- Oil turns negative as optimism fades (Category: Business)
- Oil falls below $110 on euro zone crisis (Category: Business)
- Oil sinks below $ 100 to 16-month low on economy, demand worries (Category: Business)
- Oil falls to 18-month low on global growth worries (Category: Business)
Today, as much as China is the centre of global manufacturing, India has become the international hub for global service industries. India’s IT and outsourcing exports amount to over US$ 50 billion. The economic resurgence of China and India has also made way for the emergence of Thailand, Indonesia, Pakistan and Vietnam as manufacturing bases. ...
- ‘China yuan could challenge dollar role in a decade’ (Category: Business)
- Emerging powerhouses can’t save the world (Category: Business)
- Tom Doctoroff: Standing Up to China: The Obama Way (Category: Features)
- Global wealth to grow 50% to $345 trillion in 5 years: Credit Suisse (Category: Business)
A survey conducted last week on the health of the Sri Lankan economy revealed that almost 64% said that the Government had done its task but only 43% had said that there had been growth in the economy. Whilst some can say that this data is strange, a similar set of information was shared at ...
- What’s next for Brand Sri Lanka? (Category: Business)
- Marketing 3.0 and Sri Lanka (Category: Business)
- Sri Lanka can be a top 30 country by 2015 (Category: Business)
- Treasures of Sri Lanka, the ethical way (Category: Business)
Airbus is on course to end 2011 with well over 1,600 orders, pushing Boeing to the lowest market share of their 40-year rivalry, but Boeing has stored up momentum for a comeback as both companies put fresh vigour into their most-sold jets. Although Boeing took a year longer than Airbus to revamp a key ...
- Spotlight turns to output as Boeing wins show (Category: Business)
- New Boeing 737 planes launched (Category: Business)
- Boeing sees more 787 cancellations, still upbeat (Category: Business)
- Boeing targets number one spot with 1,000 jet sales (Category: Business)
GENEVA (Reuters): More business air travellers bought economy tickets in October, as they shifted from premium to cheaper seats, particularly in Europe, due to the economic crisis, industry body IATA said. Although overall travel has not stopped growing “so far,” airline profitability will be more challenging in this quarter as jet fuel prices have not ...
- Airlines seen flying into economic turbulence : IATA (Category: Business)
- Divergent trends as Sept. passenger traffic rises freight declines — IATA (Category: Business)
- IATA milestones in three initiatives: DDS, Distribution and Industry Awards (Category: Business)
- IAA looks at capacity expansion (Category: Business)
PARIS/NEW YORK (Reuters): Standard & Poor’s has warned it may carry out an unprecedented mass downgrade of euro zone countries, including Germany and France, if EU leaders fail to deliver a convincing agreement on how to solve the region’s debt crisis in a summit on Friday. The ratings warning sent markets reeling and drew a ...
- Merkel, Sarkozy promise new crisis package, offer no details (Category: Business)
- Sarkozy, Merkel agree to stop sniping on ECB crisis role (Category: Business)
- Euro zone crisis reaches France, turns existential (Category: Business)
- Euro zone crisis set to dominate G20 meeting in Paris (Category: Business)
Attention to human resources In the management and organisational literature, as well as in practice, increasing attention has recently been paid to the importance of human resources in organisations. There seems to be a growing consensus that in many organisations these are the most critical of all resources. The purpose of this article is to ...
- Driving for ‘value’ (Category: Business)
- Measuring the impact of HR (Category: Business)
- Diligently going digital (Category: Business)
- Recognising the receptionist (Category: Business)
After the recent Commonwealth Games in New Delhi, India, critics found three new words for the acronym ‘CWG’ – Corruption, Waste and lack of Governance. The Chairman of the Indian National Olympic Committee, who was Chairman of the Organising Committee, is presently in Tihar Jail, in Delhi with many of his acolytes, on charges regarding ...
- CWG bid money not wasted: Cabraal (Category: Business)
- Gold Coast wins CWG 2018 bid (Category: Breaking News)
- Sri Lanka hosting CWG would inspire 45 other nations – President (Category: Business)
- A month to go for vote, Govt. says momentum building on Hambantota’s 2018 CWG bid (Category: Business)
HONG KONG (Reuters): Global container ship operators, hammered by high costs, oversupply and flagging demand, are cutting shipping capacity to shore up freight rates depressed by a sluggish global economy. Many container carriers have been losing money since the third quarter as freight rates fell sharply, mainly due to a supply glut, industry experts said ...
- Maersk cuts shipping view as container growth slows (Category: Business)
- NOL posts bigger Q3 net loss, sees full-year loss (Category: Business)
- Maersk CEO says container rates back in the black (Category: Business)
- Global shipping downturn worse than 2008-China (Category: Business)
UNP Co-Deputy Leader Karu Jayasuriya The Budget lacks direction and is neither here or there. For the consumer, it is inflationary; nor does it instil investor confidence. It has a political aim but lacks an economic aim. Furthermore, it does not address the productivity of employment; nor does it address the salaries of professionals and ...
- Blame tough decisions, says Rann (Category: South Australia)
- Vic Govt begins budget sell (Category: Australia, Victoria)
- Muzammil’s moves to deliver on manifesto (Category: Business)
- Govt. takes vengeance on private sector over pension bill – JVP (Category: Business)
By Chamitha Kuruppu Demanding a Rs. 10,000 salary increment for the State sector and a 40 per cent increase for the private sector, the Marxist Janatha Vimukthi Peramuna (JVP) party complained that citizens in this country are ‘in misery’ due to the ‘bankrupt’ economic and political policies of the present Government and that the Government ...
- Govt. takes vengeance on private sector over pension bill – JVP (Category: Business)
- FUTA favoured? (Category: Business)
- Govt. keen to support private sector: Cabraal (Category: Business)
- The Economy: Can The Government Manage It In Time? (Category: Breaking News)
FRANKFURT (Reuters): Deutsche Post DHL has raised its 2011 outlook after robust Asian demand helped it beat expectations for the third quarter, marking a bright spot in an industry battered by soaring costs and a weakening global economy. “We are not ignoring the possibility that the economic environment could get rougher, especially in developed countries,” ...
- Asia growth to slow in 2012, no China crash seen (Category: Business)
- Deutsche Bank aims to be among top six global lenders (Category: Business)
- D. Boerse, NYSE offer more remedies to clear $ 9 b merger (Category: Business)
- Logistics milestone for region as DHL Express launches $175 m North Asia Hub (Category: Business)
Following is a statement on the Expropriation Bill by UNP Deputy Leader Karu JayasuriyaThe might of numbers in Parliament steamrolled the plight of the private sector albeit the nation last week. Notwithstanding widespread protests, the Government has placed in the statute books the draconian Revival of Underperforming Enterprises and Underutilised Act. That 37 business enterprises, ...
- Top Ministers Under SIS Scanner (Category: Breaking News)
- State intelligence warns govt. over public unrest (Category: Breaking News)
- Do not panic over intelligence information about purported terrorist attack – Defence Ministry (Category: Breaking News)
- India extends LTTE ban (Category: Breaking News)
Eurozone crisis makes industry outlook uncertain COSCO negotiates lower charter rates Many shipping companies hit hard by industry downturn BOAO, China, (Reuters): Global shipping is in a downturn even worse than during the 2008 financial crisis, China’s transportation minister said on Thursday, with the outlook for the industry made increasingly uncertain by the European debt ...
- Container shippers mull capacity cut amid global woes (Category: Business)
- Shipping slump to deepen in 2012: Citi (Category: Business)
- COSCO says resolved some lease disputes, ship owners hopeful (Category: Business)
- Freight rate price war not an option: Maersk CEO (Category: Business)
Discussion on the validity of non-military engagements of the military The war or internal armed conflict in the north and east is over; the Emergency is no more; but still the military is everywhere. The military is now engaged in peacetime police-work, whale watching, selling vegetables, agriculture, cleaning, constructions and many other non-military activities. Yet, ...
- Military in Sri Lanka encroaching on civilian control of government (Category: Breaking News)
- Sri Lanka will act on evidence of atrocities by troops (Category: Business)
MJF Group Director Operations Malik J. Fernando has called for a Master Plan for the plantation sector. In a press statement issued this week, Fernando says an industry-wide Master Plan is required for Sri Lanka’s 150-year-old plantation industry to realign itself with internal and external changes and to remain competitive. “We need to develop a ...
- Tackling tea travails (Category: Business)
- Local tea industry in a fix (Category: Business)
- Tea tales (Category: Business)
- Government happy with plantation, more support projects on the way (Category: Business)
Following is the address delivered by Senior Minister for International Monetary Cooperation Dr. Sarath Amunugama at the fourth South Asia Economic Summit (SAES IV) Plenary Session: In the aftermath of the global economic crisis, there has been a noticeable shift in economic clout, moving from the USA and the debt-plagued countries of the Eurozone, to ...
- Asia Pacific trade and investment (Category: Business)
- Developing Asia’s growth to moderate amid global uncertainty, says ADB (Category: Business)
- Challenging times for Asia Pacific (Category: Business)
- Achieving economic goals amidst global challenges (Category: Business)
IT is said that there are two constants in life – death and taxes. To this, it is practical to add fuel hikes and the latest increase is just another example of how the lack of a clear and transparent price adjustment policy undermines the vibrancy of the economy. This is the second price increase ...
- LP gas price increase by Litro reversed (Category: Breaking News)
- Sri Lanka farmers call on government to increase certified prices for paddy (Category: Breaking News)
- Campus students protest over fuel issue (Category: Breaking News)
- Prices of milk food and gas set to increase (Category: Breaking News)
WASHINGTON, (Reuters): U.S. retail sales grew at their fastest pace in seven months in September as consumers shook off concerns about a weak stock market and political gridlock, giving a bit more momentum to the economic recovery. Sales rose 1.1 percent from a month earlier, boosted by strong auto purchases, the Commerce Department said on ...
- Chrysler says US sales jump 27 pct in September (Category: USA, South Carolina)
- Japan car sales continue rise, S. Korea gains overseas (Category: Business)
- US factory growth eases in October, no recession seen (Category: Business)
- Jobless claims, GDP data easeus economic fears (Category: Business)
Global banking giant HSBC is upbeat on Sri Lanka’s external trade, predicting exponential growth above global average over the next 15 years. In its October 2011 dated HSBC Trade Connections Trade Forecast Quarterly Update, HSBC said Sri Lanka’s external trade would grow in volume terms by 105% by 2025 and value wise by 83% to ...
- Islamic markets seen leading global trade volumes (Category: Business)
- Winning the numbers game (Category: Business)
- HSBC boosts RMB trade settlement service to 59 markets (Category: Business)
- HSBC forecasts upbeat trade scenario for Sri Lanka (Category: Business)
I like to be an optimist. No matter what may happen around us, I would like to retain feelings of hope I have for all human-kind and on a more intimate level for you, for me, the newborn and the to-be-born. Yet, what has already happened around me, happening now and may happen in the ...
- IMF MD calls for anchoring stability to sustain higher and better growth (Category: Business)
- Asia sees red over ‘green economy’ (Category: Business)
- Achieving economic goals amidst global challenges (Category: Business)
LONDON(Reuters): World stock markets will recover next year from a nightmarish 2011 that has wiped trillions of dollars off share prices, according to a Reuters poll that showed almost all major stock indexes ending 2011 in the red. Darkening economic prospects and fears the euro zone debt crisis will unravel into financial catastrophe sent global ...
- World stocks outlook tempered by euro zone: Reuters Poll (Category: Business)
- Investors peer past gloom, eye Asian economic rebound (Category: Business)
- Key freight index to rise 35% in H2 on China: Poll (Category: Business)
Financial stability risks have risen sharply in recent months, as slower economic growth, market turbulence in Europe, and the credit downgrade of the United States have weighed on the global financial system, according to new analysis by the IMF. Financial markets have begun to question the ability of policymakers to command broad political support for ...
- Financial stability risks have increased substantially (Category: Business)
- IMF marks down global growth forecast, sees risk on rise (Category: Business)
- Credit boom stokes risks in emerging markets – BIS (Category: Business)
- Global economic outlook slowly improving but remains fragile (Category: Business)
With the World Bank announcing that the world economy is teetering on “a new danger zone,” it is of paramount importance for governments and financial power-houses to restore confidence through concrete policies and systematic financial planning. This is the order of the day, given the recent pessimistic report on the world economy delivered by Morgan ...
- IMF Chief Lagarde emphasises Asia, China role in global recovery (Category: Business)
- Global economy’s ‘timid’ recovery faces high risks: Lagarde (Category: Business)
- Global growth worries dent Asia business sentiment in Q3 (Category: Business)
- China can easily boost consumtion to strengthen its economy: IMF (Category: Business)
Reuters: Demand for new airplanes from China and Asia will provide Airbus with a buffer for growth in the event of a global recession resulting from Europe’s debt crisis, the company’s chief operating office said last week. “So far we have 1,000 net orders (from Europe) at the end of August and the air traffic ...
- How plane giants descended into global ‘price war’ (Category: Business)
- Spotlight turns to output as Boeing wins show (Category: Business)
- Airbus forecasts need for over 28,000 aircraft in next 20 years (Category: Business)
- China raps EU carbon law as it takes first superjumbo (Category: Business)
Since 1948, we have been planning for economic prosperity, but six decades have gone by without a semblance of anything to claim as our own. India has superseded all Asian countries and has reached a pinnacle of an economic power and it has even more potential to be a super power. It would be of ...
- Farming the main occupation of two million families (Category: Breaking News)
- Village as a developmental unit (Category: Business)
- $ 22.2 m IFAD loan for better irrigation infrastructure, crop diversification (Category: Business)
- Construction of the Sampur coal power plant to start (Category: Breaking News)
The Asian Development Bank (ADB) has cut its 2011 and 2012 growth forecasts for developing Asia amid ongoing worries about weak external demand from its key trading partners. In its Asian Development Outlook Update 2011, released yesterday, ADB trimmed its full year forecast to 7.5% from 7.8% seen in April. The 2012 projection is also ...
- Eurozone crisis dampening developing Asia’s growth prospects, warns ADB (Category: Business)
- Global economic outlook slowly improving but remains fragile (Category: Business)
- Asian economies: Managing spillovers and advancing economic rebalancing (Category: Business)
‘Remember your humanity’ is a phrase that was made famous by the Russel Einstein manifesto issued on 9 July 1955. This document is considered as the final major document that Albert Einstein signed before his death in 1955 and is quite a famous statement. The whole idea of issuing this statement has been to indicate ...
- Small is beautiful! (Category: Business)
- SMED seminar on managing electrical energy of business enterprises and industries (Category: Business)
- Viable alternative renewable sources - Solar, wind, wave, geo thermal, bio mass (Category: Business)
- Austere ways to avoid crisis (Category: Business)
The International Air Transport Association (IATA) last week announced traffic results for July which showed that passenger travel was up 5.9% over July 2010. Freight markets were stagnating with a 0.4% demand decline over previous year levels. “Passenger travel bucked the gloomy economic outlook with a 5.9% increase in July. This increase was likely based ...
- Global aviation’s growth slows again in July: IATA (Category: Business)
- 2011 ends on positive note for global aviation (Category: Business)
- Divergent trends as Sept. passenger traffic rises freight declines — IATA (Category: Business)
- Global aviation demand growth slows, says IATA (Category: Business)
Reuters) – Asian stocks rose on Monday morning, after the recent sell-off, while the dollar struggled after U.S. Federal Reserve Chairman Ben Bernanke left the door open for further action to stimulate the economy and fight high unemployment. Gains in equities were also supported by firmer U.S. stock futures after Hurricane Irene, downgraded to tropical ...
- Asians lead US in college degrees – Census (Category: Business)
- US economic fix could take years: Obama (Category: Business)
- Asian shares up on US earnings (Category: Business)
- Asian shares up as US data spurs year-end bounce (Category: Business)
Popular Topics
- International Monetary Fund (47819)
- Political crisis (31746)
- Foreign exchange reserves (25839)
- Shortage (2833)
- Bank reserves (20137)
- Anonymous (680)
- Fuel (6312)
- Economy of Sri Lanka (225716)
- Russia (4266)
- Ukraine (1769)
- Sri Lanka Tea (219604)
- Tourism (6328)
- Sri Lanka Quality Tea (222594)
- Sri Lanka Tourism (220112)
- Sri Lanka Cricket (220481)
- Sri Lanka Hotels (219269)
- Sri Lanka Elections (226303)
- Teledrama (368)
- Sirasa (26913)
- Adaderana (77499)
- Hiru Tv (62848)
- ITN News (396400)
- Newsfirst (50368)
- Shakthi Tv (66173)
- Rupavahini (337)
- Derana Dream Star (38426)
- EPF (664)
- BBC (3388)
- Rob Ford (4171)
- Amanda Knox (1315)
- Karen Stintz (870)