@2022 - All Right Reserved. Designed and Developed by Rev-Creations, Inc
2505 results found in 1813 ms
Page 3 of 84
RAM Ratings Lanka has reaffirmed the respective long- and short-term financial institution ratings of Standard Chartered Bank – Sri Lanka Branch (SCBSL) at AAA and P1; the long-term rating has a stable outlook. The ratings are firmly anchored by the credit profile of Standard Chartered Bank PLC of the UK (SCB-UK) of which the Bank ...
The exchange of goods and services has been around for as long as civilisations themselves, if not longer. Humans, being extremely adaptive to their environments, have always found ways to utilise resources and build surplus. This surplus was then used to trade in order to obtain resources and goods that weren’t abundantly available. Evolution of ...
The festival of creativity – Spikes Asia 2012 in Singapore during its first two days showcased key insights on winning and creative ideas in the marketing communications sphere by a host of global and regional experts. Attended by nearly 1,800 creative industry professionals and students from 27 countries including nearly 20 from Sri Lanka, the ...
It is with great sacrifices that Sri Lanka brought about a victory against ruthless terrorism, which is certainly a feather in the cap of Rajapaksa family. No one can dispute the fact that President Rajapaksa provided the political leadership and ensured that the LTTE was decimated at any cost. The Tamil diaspora and the pro-separatist ...
“Broadband will represent a momentous economic and social change,” said President’s Secretary Lalith Weeratunga. Weeratunga said so while participating at the inauguration of a two-day ‘Regional Expert Consultation on Connecting Asia Pacific’s Digital Society for Building Resilience’ held in Colombo recently. Organised by the United Nations Economic and Social C...
Meet representatives from SLIIT’s partner universities from USA, UK, and Australia SLIIT, together with representatives from the Institutes prestigious foreign partner universities will host a Partner University Day on 21 September at SLIIT’s Malabe campus from 9a.m. to 6p.m. Prospective students and their parents will have an opportunity to view first-hand SLIIT’s academic progr...
Tightening brakes on growth, Government data released yesterday showed the country has slowed to a two-and-a-half-year low, slipping from 7.9% in the first quarter to 6.4 % in the second when compared with the same period last year. A Reuters report noted that economic growth eased to 6.4 per cent in the second quarter ...
Reuters: The Central Bank is expected to keep interest rates steady for a fifth straight month on Tuesday despite high inflation to help bolster economic growth, which has been cooling due to sweeping policy measures and an extended drought. Twelve out of 13 analysts polled by Reuters expect the repurchase and reverse repurchase rates to ...
EFutures as one of the leading software solution providers in the industry recently re-launched a brand new multilingual website for Colombo Stock Exchange (CSE) which includes several state-of-the-art features and upgraded hardware capacities, to enhance the quality and timeliness of market information that is provided on the website. The new website will function as the ...
BCS, the Chartered Institute for IT Sri Lanka Section (BCS CIITSL) has called nominations for the ICT Lifetime Achiever Award 2012. This year too, an ICT industry leader in Sri Lanka will receive the prestigious ‘ICTA-BCS ICT Lifetime Achiever Award’ for the contributions made in shaping the ICT industry to what it is today. The ...
Currently discussing new courses with local and international universities By Cheranka Mendis The training arm of SriLankan Airlines, International Aviation Academy (IAA), is on an aggressive expansion plan, launching its services overseas while concentrating on capacity development and local youth engagement to the industry. IAA, which provides International Airline Training Association (IA...
Fitch Ratings Lanka has affirmed Standard Chartered Bank, Sri Lanka Branch’s (SCBSL) National Long-Term Rating at ‘AAA(lka)’. The Outlook is Stable. SCBSL’s rating is at the highest of the national rating scale and reflects the credit profile and financial strength of its parent Standard Chartered Bank PLC (SCB). The rating is tied to SCB’s Issuer ...
Fitch Ratings Lanka has affirmed HSBC Sri Lanka Branch’s (HSBCSL) National Long-Term Rating at ‘AAA(lka)’.The Outlook is Stable. The rating reflects the financial strength of parent The Hong Kong and Shanghai Banking Corporation Limited (HKSB; ‘AA’/Negative), given that HSBCSL is a branch of HKSB and is part of the same legal entity as HKSB. Thus, ...
Despite the bull run during the last few weeks, the market is still trading at attractive valuations amongst the emerging market and is duly recognised by the foreign investors with foreign inflow pouring into the market. With value counters trading in abundance coupled with an expected strong growth in earnings in the following year further ...
Over 15 Sri Lankan senior professionals and young talent in attendance; 17 entries from Sri Lanka in record haul of 4,860 from 23 countries this year The largest-ever creative communications festival in Asia Pacific, the three-day Spikes Asia 2012, kicked off on Sunday in Singapore. Over 500 industry professionals from 27 countries including over 15 ...
US Assistant Secretary of State Robert O. Blake yesterday called on the Government to promote transparency and good governance in order to encourage more American investors. He told reporters at the end of his visit that investment could be encouraged if the Government took measures to improve the investment clime. A speech given by him ...
MP Mangala Samaraweera yesterday in a statement has jeered the recent rebound in the Colombo stock market as well as the appointment of the new Chairman at the Securities and Exchange Commission (SEC), in addition to being highly critical of the so-called mafia of investors. Following is the full text of Samaraweera’s statement: In an ...
Reuters: The stock market jumped 2.6 per cent in healthy volume on Friday to the highest level in eight months, with institutional and foreign investors buying banks and diversified shares. The Colombo Stock Exchange’s main index ended 2.59 per cent, or 149.68 points, up at 5,926.90, its highest close since 13 January. The rise helped ...
The new US Ambassador Michele J. Sison presented her credentials as Ambassador to the Democratic Socialist Republic of Sri Lanka yesterday to President Mahinda Rajapaksa. Ambassador Sison is a career member of the United States Senior Foreign Service, Class of Minister-Counselor. Michele J. Sison, a career member of the U.S. Senior Foreign Service, was ...
The Pakistani leader yesterday called on the Sri Lankan President Mahinda Rajapaksa at the Temple Trees and appreciated the arrangements made by the Sri Lankan Government for organising the 58th Commonwealth Parliamentary Conference. Underscoring the need for enhanced exchange of Parliamentary delegations between the two countries to promote people-to-people contacts, Dr. Shah has said that ...
Sri Lanka and majority of the countries participated in the Commonwealth Parliamentary Association sessions yesterday opposed a proposal made at the yesterday’s session for the appointment of a Human Rights Commissioner for the Commonwealth. Sri Lanka, India, Pakistan and majority of the countries pointed out that since there is a Human Rights Commission under the ...
Sri Lanka’s very first DJ training facility, the DJ Academy turns four this month. Founded by Tareeq Musafer in 2008, along with his book ‘Learn to be a DJ,’ the academy has grown from strength to strength, making it the only established and well-known training institute for upcoming DJs in the country. Commenting on the ...
DISASTER management is the process of addressing an event that has the potential to seriously disrupt the social fabric of a community, but the whopping losses endured by Sri Lanka shows that this is still an area that needs to be developed locally. The United Nations Office for the Coordination of Humanitarian Affairs (UNOCHA) has ...
The place isn’t a paradise for minorities but the economy is recovering By Sam Baker Asuasentinel.com: The Government of Mahinda Rajapaksa in Sri Lanka has probably botched its dealings with the United States, the European Union and the United Nations. Still, the disenchantment with Colombo may be overblown three years after the end of the ...
By Saman Gunadasa World Socialist Web Site: A scandal over the manipulation of shares on the Colombo Stock Exchange has erupted in recent weeks, after former Sri Lankan Securities Exchange Commission (SEC) Chairman Thilak Karunaratne accused Government ministers of acting in league with speculators. Karunaratne was pressured by President Mahinda Rajapaksa to quit his position, ...
UNP MP Karu Jayasuriya yesterday said that the results of the elections for three Provincial Councils last week confirm that a large number of people do not approve the Government and the path it has taken with many burning issues unresolved. Following is the full text of the statement issued by Jayasuriya: The Provincial Council ...
Top professional banker and HNB’s CEO Rajendra Theagarajah has been appointed to the Board of Carson Cumberbatch Plc as a Non Executive/Independent Director with effect from Wednesday. Following the latest appointment, the Board of Directors of Carson’s comprises Tilak De Zoysa (Chairman), H. Selvanathan (Deputy Chairman), Mano Selvanathan, Israel Paulraj, Chaminda Gunawardana, Suresh ...
Gain in Bourse’s collective value tops Rs. 400 b since year-to-date lowest level in early June Market cap short of Rs. 400 b to hit all-time-high figure of Rs. 2.6 trillion achieved on 2011 Valentine’s Day Demand for blue chips spearhead yesterday’s rally, joining retail-favoured second tier stocks ASI’s YTD dip now below 5% from 22% ...
By Shanuka Tissera The hype and tension of the ICC T20 Cricket World Cup is exponentially increasing as we edge days closer to the beginning of the most exciting and fastest brand of cricket today. It is sure to be a high adrenaline sporting event that will bring millions of viewers from around the world ...
Despite a reversal in the rate of exports decline and evidence of some improvement, Sri Lanka is actively moving to help its exporters to face the global downturn, with a challenging new $ 12 b export goal set for 2102. “Since you, the distinguished exporters, who account for nearly 80 per cent of Sri Lanka’s ...