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RIO+20 is the next focus point for the world and as President Mahinda Rajapaksa takes Sri Lanka’s concerns to this international forum, it is perhaps time for a larger discussion on its importance to a developing country as well as the world at large. Twenty years ago, it was mostly people who were displaced by ...
Rameez Fazal and Danushka Kathriarachchi of Leo Burnett Solutions Inc. (LBSI) the Sri Lankan office of the internationally acclaimed advertising agency network Leo Burnett Worldwide will represent Sri Lanka in Cannes at the Young Lions TV category at the 59th Cannes Lions International Festival of Creativity in France.
Singer Sri Lanka launched the latest international brand of Android-enabled smart devices on becoming the exclusive distributor in Sri Lanka for Huaweiandrsquo;s best-selling range of smartphones, mediaPads and mobiles. The launch in techy, youthful style took place at the Park Street Mews with the participation of the mobile operators, Singerandrsquo;s key dealers and the media.
FACETS 2012, Sri Lankaandrsquo;s only International Gem and Jewellery Show which is expected to be held from the 5 to 8 September this year, has all 154 booths sold out, with inquiries continuing to come in from countries like Russia and China to send buying delegations.
Sri Lanka will set up an International Arbitration Centre in Colombo, Minister of Justice and Sri Lanka Muslim Congress (SLMC) Leader Rauff Hakeemandnbsp; said during his recent visit to the Middle East.
Guardian.co.uk: The president of Sri Lanka has been forced to cancel a keynote speech in the City of London after concerns about the threat of large demonstrations by Tamil rights groups. President Mahinda Rajapaksa, who was in London to attend the Queen Elizabeth’s diamond jubilee celebration held talks with a group of British Parliamentarians at ...
Historically, capital markets have played an important role in the development of market economies and therefore the development of efficient regulation of securities too has become increasingly important. While fostering the development of the economy, the capital markets also play an important equalising role. Viz – it attracts the participation of a large number of ...
Nawaloka Hospitals has come forward as the official cardiac partner of ‘Arogya 2012’ International Healthcare Exhibition to be held from 17 to 19 August 2012 at the BMICH, Colombo. Nawaloka Hospitals being one of the foremost private sector hospitals in the country will display its strength in the ‘cardiac sector’ at ‘Arogya 2012’. Nawaloka Hospitals ...
KARACHI: Buoyed up after his match-winning show in Pakistan’s Twenty20 clash against Sri Lanka in Hambantota on Sunday night, Shahid Afridi is eyeing similar outings in the five-match One-day International series getting underway in Kandy from June 7. Playing his 50th Twenty20 International, Afridi hit a vital 52 and then bagged two key wickets to ...
The NSB/TFC deal and the General Recent events in Sri Lanka have reconfirmed that though seemingly power may be unlimited, there are in reality constraints which limit the options those in power have. As proof of this fundamental reality, the first event is the purchase by the National Savings Bank (NSB), a State-owned entity, whose ...
The South Asian Mobile Conference 2012 is an important event in making the benefits ICT accrue to all, says ICT Agency of Sri Lanka (ICTA) Chairman Professor P.W. Epasinghe. Professor Epasinghe who is also Peradeniya University Chancellor and a Senior Presidential Advisor, said so while participating at the third South Asian Mobile Conference held in ...
Durban: A Sri Lankan shipping company that leased its cargo vessel, the Lanka Mahaphola, which is currently detained in Durban Harbour, South Africe over a wage dispute and safety regulations, has agreed to pay the disgruntled 26-man crew. Durban attorney Nalini Maharaj, who is acting on behalf of the owner of Triple S Shipping, a ...
Minister Bathiudeen was addressing the gala Star Awards 2011, the international scale packaging awards event in Sri Lanka held at the Cinnamon Grand on the night of 27 May to felicitate top innovators in the $ 1 billion packaging industry of Sri Lanka.
Ceylon FTandnbsp;conducted an interview with the Institute of Chartered Accountants of Sri Lanka President Sujeewa Rajapakse about the convergence of International Financial Reporting Standards (IFRS) with the Sri Lankan Accounting Standards (SLAS). The following conversation took place.
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 ...
Sri Lanka has thrown open it $ 1 billion packaging sector for the vital SMEs. It also wants the packaging sector to enter exports sector targeting India and China. “Since the future of packaging, appear to head towards niche consumer markets, and our region’s major buyers India and China are demanding more and more packaging ...
What is corporate governance? According to the World Bank Corporate governance is “the system by which companies are directed and controlled”. It involves the balance of powers among three key corporate constituencies: the board of directors, which is charged with monitoring, overseeing, and guiding the company; the shareholders, who invest their funds in the company’s ...
IT seems that the corruption in cricket is spreading to the rest of the sporting bodies in Sri Lanka. The 15th Asian Junior Athletic Championship 2012, which was scheduled to be held in Colombo from 9 to 12 June, has been cancelled by the Asian Athletic Association, the Sri Lanka Athletic Association said on Monday, ...
What is business writing? Business writing is one of the most important aspects of the business world. Writing is still one of the number one methods of communication in the world. With the introduction of email, writing became even more important in the work place. There are many different types of business writing. Each type ...
Central Bank of Sri Lanka yesterday vehemently denied allegations by United National Party (UNP) Parliamentarian and Economist Dr. Harsha de Silva that Employeesandrsquo; Provident Fund (EPF) was engaged in corrupt deals in the Colombo Bourse.andnbsp;
Former Army Commander Sarath Fonseka walked free from jail yesterday with a pardon from President Mahinda Rajapaksa, who appears to have bowed to growing international demands that he release his highest-profile rival while erasing the image of him as a victim. Ex-General Sarath Fonseka kissed his hands and raised them to a group of 2,000 ...
The Employees’ Provident Fund (EPF) yesterday categorically rejected the statement allegedly made by an Opposition Member of Parliament as reported in several news papers on 15 May 2012, where the EPF has been accused of fraudulent transactions in the stock market. "Such statement, read in conjunction with several past statements of a similar nature made ...
Central Bank of Sri Lanka today denied allegations by Dr. Harsha de Silva that Employeesandrsquo; Provident Fund (EPF) that it was engaged in corrupt deals in the Colombo Bourse.
Reuters: Sri Lanka’s President Mahinda Rajapaksa has ordered the early release from jail of his highest-profile political rival Sarath Fonseka, the president’s spokesman said on Sunday, in an apparent bid to quell international criticism of the government’s human rights record. The authorisation for Fonseka’s release will be sent to the justice ministry on Monday, spokesman...
Lessons from Latin America Sri Lanka has recently mobilized very substantial loans from China to fund large infrastructure projects (e.g. the Norochcholai power station and the Hambantota port).
Sri Lankaandrsquo;s pioneer duty free operator- Autogrill Lanka Limited- subsidiary of leading international duty free operator- World Duty Free Group, opened its latest outlet- World Duty Free at the Bandaranaike International Airport last Thursday (17 May). andnbsp;
South Asiaandrsquo;s most focused and largest international boat exhibition- Boat Show Sri Lanka 2012, was inaugurated byandnbsp;Minister of Industry and Commerce Rishad Bathiudeenandnbsp;yesterday (18 May) at the Sirimavo Bandaranaike Memorial Exhibition Center, Colombo. andnbsp;
Boating industry thanks Industry Minister for strong support Sri Lanka enters prestigious International Boating Industry Magazine rankings Sri Lanka’s commercial boat sub-sector reporting stronger international orders from Asia, Africa and ME Introducing a much-sought-after measure of relief to Sri Lanka’s boating industry, the country will now introduce tax on boat imports that are la...
Rusara Seneviratne of Asian International (AIS) reached Scholarships for USA (Pvt) Ltd. (www.scholarshipsforusa.com) when she was preparing for Advanced Subsidiary Levels with a request for an affordable university for pre-Med with maximum financial aid and possible credit transfers. Hawaii Pacific (www.hpu.edu) the latest partner of SUSA obliged with the top international scholarship and instant ...
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 ...