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Indiaandrsquo;s largest two-wheeler manufacturer, Hero MotoCorpandnbsp;expanded its network into the international market. The newly incorporated brand entity launched 14 of its two-wheeler models in Sri Lanka on 3 September at the Waterandrsquo;s Edge.
SpiceJet CEO Neil Raymond Mills will speak about ‘How relevant are your strategies?’ at the Experience Sharing Forum organised by the Sri Lanka Institute of Marketing (SLIM) on 13 September at 6 p.m. at the Galadari Hotel. At the forum Mills will share what strategies worked for SpiceJet, India’s best and Asia’s fourth best low ...
South Africa, Sri Lanka’s leading trade partner in Sub-Saharan Africa and the third most competitive economy in the $ 13.7 trillion BRICS grouping, is making an unprecedented investment foray into resurgent Sri Lanka with no less than a $ 122 m initial investment –and is scheduling yet another strong business delegation to Sri Lanka next. ...
The Hindu: Sri Lanka’s ruling UPFA on Sunday won key elections in three of the country’s nine provinces, including a victory in the Tamil and Muslim dominated eastern state that was once an LTTE stronghold, where the Mahinda Rajapaksa-led coalition defeated the main Tamil party TNA. While UPFA won comfortable majorities in the North Central ...
The International Information Systems Security Certification Consortium, Inc., commonly referred as the (ISC)², is the global, non-profit leader in educating and certifying information security professionals throughout their careers. The (ISC)² (www.isc2.org) is recognised for its Gold Standard certifications (including the renowned CISSP – Certified Information Systems Security Pr...
The Bahrain Airport Company (BAC) recently welcomed the inaugural flight of Sri Lanka-based low-cost airline, Mihin Lanka, to the kingdom. The new milestone of Mihin Lanka, an airline 100 per cent owned by the government of Sri Lanka, is a reflection of its progressively growing operations, a statement from BAC said. The ceremony was attended ...
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 ...
The International Air Transport Association (IATA) last week announced global traffic results for July showing slower growth in both air travel and freight, but with considerable variation by region and market. n July passenger demand in aggregate was 3.4% higher than the same month last year, compared to a 6.3% increase in June and average ...
Container vessel Mv Buxcliff under ISE service of MSC Geneva, calling Sri Lanka Ports Authority (SLPA) as a weekly caller, recently marked a historical move count of 4,954 (7,650 TEUs) at the Jaya Container Terminal (JCT). This is the highest number of moves handled by an individual vessel at JCT. MSC is using the Port ...
Photo Technica recently introduced the superior Nikon D800 camera to the Sri Lankan market. Specially designed and manufactured by the world renowned Nikon Camera Company of Japan to fully cater to the special needs of superior photographers and cinematographers worldwide. Photo Technica with 55 years of experience in importing cameras and photographic equipment, selling and ...
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 ...
Union Bank announced the appointment of Sabry Ghouse and Sunil Karunanayake as new Independent Non Executive Directors to the bank’s Board of Directors with effect from 30 August 2012. Appointment of independent directors is an integral part of the bank’s good governance practices, thus ensuring further commitment to the protection of shareholder interest. In this ...
The 10th Annual General Meeting of LankaClear (Pvt) Ltd. was held on 30 August 2012 at the Hotel Galadari. Releasing its Annual Report for 2011/12, LankaClear stated that the company’s net revenue grew by 12% whilst the profit after tax grew by 39% compared to the previous financial year. The theme of the Annual Report ...
BA Accountancy Top-Up Pathway to elevate local students’ to higher financial management proficiency Wisdom Business Academy, the largest CIMA business school in Sri Lanka, renowned for its high quality higher education paths in financial and business management stream has tied up with Robert Gordon University (RGU), UK with a vision of providing an opportunity to ...
TMC Colombo at Excel World The Board of Management of The Management Club recently concluded negotiations with Excel World Entertainment Park to relocate its Club from the Galle Face Hotel to the premises of Excel World with effect from 1 October 2012. The move at end August was propelled by the imminent renovation plans of ...
The Management Club (TMC), formed in 2001 under the auspices of The Chartered Management Institute – UK Sri Lanka Branch, is a forum dedicated to uplift management practices in Sri Lanka on par with the best of international standards and strives to achieve this by providing constant opportunities for member interaction and participation at appropriate ...
TMC Wisdom Quiz 2012 on 16 September The Management Club has been an inspiring source for sharing and enhancing the knowledge of quizzing enthusiasts in Sri Lanka through their efforts in organising the TMC Wisdom Quiz for six consecutive years since September 2006. Following the success of TMC’s Wisdom Quiz, the event that has now ...
ELECTIONS come and go but the Government has a new set of challenges this week that will test it seriously. Quick on the heels of the poll comes the UN review mission that is here to decide on the Government’s progress on reconciliation and implementation of the Lessons Learnt and Reconciliation Commission (LLRC). Before this ...
A salutary reader interest on share market regulation A reader of the previous week’s My View titled ‘SEC: Not a mere watchdog, but a bloodhound mandated to bite’ has raised an important issue with this writer. He has asked the question why it is necessary to have a regulator to police the financial markets and ...
Reuters: Sri Lanka’s economic growth this year may range between 6.7% and 7.2% depending on the impact of a drought that has lasted since the beginning of the year, Treasury Secretary Dr. P.B. Jayasundera said on Thursday. The Central Bank has forecast 7.2% economic growth this year, after revising it down in March from the ...
Rt. Sir Alan Haselhurst Exco-Member from United Kingdom and delegation fro UK, Anguilla, Canada whom arrived in Sri Lanka to participate in the 58th Commonwealth Parliamentary Conference which will be held in Colombo was welcomed by Deputy Speaker of Parliament Chandima Weerkkody at the Bandaranaike International Airport – Pic by K. Prasad N...
Speed Water Systems, opening Water Shops selling bottled drinking water in all main towns in the suburbs of Colombo, under the slogan ‘To make purified water more affordable and available to all’, recently opened their newest Water Shop at No. 332/71, Pannipitiya Road, Battaramulla, (near David Pieris Motor Company), recently. Speaking at the opening of ...
Secretary, Ministry of Defence and Urban Development Gotabhaya Rajapaksa visited Poland at the invitation of Minister of National Defense Tomasz Siemoniak to attend the 20th International Defence Industry Exhibition (MPSO) held in Kielce from 3 to 6 September. The exhibition was inaugurated by President of Poland Boruslaw Komorowski on 3rd of September amidst a large ...
Mercantile Investments and Finance PLC (MI) 2011/12 Annual Report was awarded the Bronze Award in the Financials – Diversified Services category at the recently held 2012 Vision Awards in New York. The Vision Awards is organised by the League of American Communication Professionals (LACP) and is seen as one of the premier annual report competitions ...
A youth delegation comprising of 24 children of Indian Army families accompanied by two academic staff visited Sri Lanka from 30 August to 5 September under the ‘Youth Exchange Program’ of Sri Lanka Army’s Viru Daru Society. The delegation was received at the Bandaranaike International Airport by Viru Daru Society Chairperson Deshani Jayasuriya and several ...
The India-Sri Lanka Foundation (ISLF) was established by a Memorandum of Understanding between the governments of India and Sri Lanka in 1998 in order to foster India-Sri Lanka relations through the enhancement of economic, scientific, technical and cultural cooperation and to promote greater understanding between the people of the two countries. Some of the recent ...
Up to 160 new scholarships with a cumulative value of Rs 8.3 million are to be awarded to students and young people from all districts of Sri Lanka at the 12th round of the annual ‘Ceylinco Life Pranama’ scholarships presented by life insurance leader Ceylinco Life. The company’s flagship policyholder rewards initiative in the field ...
Sri Lanka’s largest telephony services provider Dialog Axiata PLC has donated revenue generated from SMS (Short Messaging Service) based voting on the grand finale of Ranaviru Real Star: Mission 2 to the Api Wenuwen Api Fund, administered by the Ministry of Defence and Urban Development. The Api Wenuwen Api Fund, a cooperation between the Ministry ...
Facets Sri Lanka 2012, the 22nd Sri Lanka International Gem and Jewellery Show opened on Thursday at the Sirimavo Bandaranaike Memorial Exhibition Center. It ends today
Partners with the Department of Probation and Childcare to fund the education of children in need in Sri Lanka Baby Cheramy, a trusted brand of leading Sri Lankan conglomerate Hemas Holdings PLC, celebrates 50 years of enriching lives of Sri Lankan mothers and children this year. Commemorating the brand’s milestone and promoting the importance ...