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Several dual citizens as well as former expats who have settled home recently have expressed concern over the blocking of remittances abroad via Central Bank’s recent rules on NRFC accounts, a move they alleged suggests the country could be facing a forex crisis. In an announcement in mid July, the Central Bank said it would ...
- CB directs single Foreign Exchange Earners Account for multiples (Category: Business)
- Rules on forex accounts relaxed (Category: Breaking News)
- Sri Lanka introduces new operational measures for forex transactions (Category: Breaking News)
- Sri Lanka has potential to double foreign remittances to $ 8 b: BOC Chief (Category: Business)
By Ashwin Hemmathagama Our Lobby Correspondent The Government has been repeatedly mentioning that the economy is in sound condition and reserves are very securely and lucratively invested. However, UNP MP Ravi Karunanayake moving yesterday’s adjournment motion accused the Government of robbery." “On examination of the state of the economy we find that the Government, especially ...
- Sri Lanka to implement wider monetary policies to strengthen national economy (Category: Breaking News)
- Global Trend (Category: Business)
- Long Cycle (Category: Business)
- Downside Risks (Category: Business)
By Martin Roll The last decade has seen cities, islands and countries aggressively branding themselves in order to create a resonating identity among stakeholders and build sustainable lifetime customer relationships. Country branding refers to a process in which a country claims a distinct positioning in the minds of its citizens, global customers and stakeholders. To ...
- Branding Sri Lanka (Category: Business)
- Unilever beats local blue chips in preferred employers’ survey (Category: Business)
Ever since the first aircraft was conceptualised by Leonardo Da Vinci, the dream of flight is still continuously evolving. The latest aircraft is known as the dream liner Boeing 787. There has been no end to the technological advances in aviation. The global aviation industry has since been enlarged into a multibillion dollar business and ...
- Etihad gets first Boeing 747-400 freighter (Category: Business)
- Boeing sees more 787 cancellations, still upbeat (Category: Business)
- Spotlight turns to output as Boeing wins show (Category: Business)
- Emirates receives 1,000th Boeing 777 (Category: Business)
What do you mean by performance? The accomplishment of a given task measured against preset known standards of accuracy, completeness, cost, and speed. In a contract, performance is deemed to be the fulfilment of an obligation, in a manner that releases the performer from all liabilities under the contract. Performance management Performance Management (PM) includes ...
- Getting induction right (Category: Business)
- Measuring the impact of HR (Category: Business)
- Techniques for managing superior talent (Category: Business)
- How to develop an effective marketing plan (Category: Business)
Tea is our pride, for which we can be proud of for the reason that it is the best tea on the globe. It is the duty of every Sri Lankan, especially the diplomatic missions worldwide, to defend and promote our silver inherited as much as the beauty of Sri Lanka which is matchless. Sri ...
- Hub is no hoodoo, says TEA (Category: Business)
- Sri Lanka secures direct access to fifth largest global buyer of Pure Ceylon Tea (Category: Business)
- Local tea industry in a fix (Category: Business)
- Storm in Sri Lanka’s teacup: A more pragmatic approach is key (Category: Business)
With US$ 500 m capital infusion national carrier ready for stronger take off By Cheranka Mendis Sri Lanka’s national carrier SriLankan Airlines and budget carrier Mihin Lanka are growing despite challenges and are no longer loss-making entities, SriLankan Airlines Chairman Nishantha Wickremasinghe said. Hosting a group of journalists around the SriLankan base in Katunayake, Wickremasinghe .....
- SriLankan Airlines’ IAA completes first TAASL member agent training program (Category: Business)
- SriLankan goes daily to Beijing, Shanghai from mid-July (Category: Business)
- SriLankan lauded for role in tourism promotion (Category: Business)
- House of SriLankan Airlines chairman robbed (Category: Breaking News)
The Central Bank is expected to keep interest rates steady for a fourth straight month on Tuesday as a spike in inflation to a 42-month high complicates its efforts to bolster cooling growth. All 11 analysts polled by Reuters expected repurchase and reverse repurchase rates to be left unchanged at 7.75% and 9.75% respectively. Both ...
- Inflation decelerates (Category: Breaking News)
- Sri Lanka Inflation Rate Rises, Leaving Less Room to Hold Rates (Bloomberg) (Category: Breaking News)
- Sri Lanka Keeps Interest Rates Unchanged for Growth (Update2) (Category: Breaking News)
- Sri Lanka Keeps Interest Rates Unchanged for Growth (Update2) (Category: Breaking News)
D.E.W. Gunasekara says it is routine with 2010 Annual Report as subject; Ravi K says will take up reversed NSB-TFC deal and other stock market illsThe Chairman and Commissioners of the Securities and Exchange Commission (SEC) will appear before the Committee on Public Enterprises (COPE) today when Opposition is likely to query on ill doings ...
- NSB-TFC deal: CID questions Kariyawasam (Category: Business)
- A comprehensive investigation is underway on TFC-NSB deal – SEC (Category: Breaking News)
- NSB’s custodial role suspended, Sampath clears Friday settlements (Category: Business)
- NSB Head gives quit notice (Category: Business)
In Sri Lanka to empower and enlighten Sri Lanka’s business community and budding entrepreneurs, Chair Emeritus and board member of the MIT/Stanford Venture Lab Gigi Wang will host a seminar titled ‘Success drivers of Silicon Valley – venture capital, investment and business opportunities for Sri Lanka’ tomorrow in collaboration with Infotechs Ideas. Speaking to the ...
- Internet pioneer and Silicon Valley insider Gigi to hold top seminar on 8 Aug. (Category: Business)
- Growth Plan for Sri Lanka (Category: Breaking News)
Chooses re-built Jaffna Library for his first book presentation in Sri LankaThe series of books being authored by leading public interest activist and reputed professional consultant Nihal Sri Ameresekere on real case studies, dealing with subjects of fraud, corruption, economic crime, public finance, governance and the rule of law, recently reached a number of 12 ...
- Nihal now a member of American Bar Association (Category: Business)
- Nihal Sri writes to President’s Office on SEC (Category: Business)
- The Jaffna Library (Category: Business)
- Justice.lk goes live on 8 Sept (Category: Business)
The Pathfinder Foundation (PF) welcomes IMF Country Director Dr. Koshy Mathai’s call for increased exports to India and China. Dr. Mathai, in his keynote address at the Annual General Meeting of the Exporters’ Association, stressed two interlinked themes that have been the subjects of several previous Economic Flashes and Economic Alerts: the decline in Sri ...
- Accelerating inclusive growth: The role of the external sector (Category: Business)
- Lanka’s exports to Singapore clock highest growth in 1H (Category: Business)
- What’s happening to India’s growth drivers: Exports? (Category: Business)
- Sri Lanka’s trade success in EU markets is not accidental, says Rishad (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)
Reuters: State-owned Ceylon Petroleum Corporation (CPC) on Saturday took Vitol, the world’s largest oil trading firm, off its supplier list, believing diesel supplied by the firm had damaged vehicles. Vitol rejected the allegation and said the cargo in question was tested in accordance with international standards by CPC inspectors before it was discharged. Petroleum Minister ...
- Vitol Group refutes allegations on inferior diesel fiasco (Category: Business)
- Vitol fumes over continuity in alleged discrimination by CPC (Category: Business)
- Vitol denies charges of contaminated diesel (Category: Breaking News)
- CPC seeks 310,000 barrels gasoil, gasoline (Category: Business)
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)
The following is a statement issued by Vitol Group regarding allegations on inferior diesel supplies which has caused a crisis among motorists: The Vitol Group of Companies strongly refutes any allegation that the cargo of Diesel supplied under tender BKl35l2O12 and discharged at Dolphin Pier on 22 July is responsible in any way for the ...
- Now, CPC claims diesel clean as Harry J comes under AG s probe (Category: Breaking News)
- Govt. delists world’s largest oil trader Vitol over inferior diesel fiasco (Category: Business)
- Vitol denies charges of contaminated diesel (Category: Breaking News)
- Vitol fumes over continuity in alleged discrimination by CPC (Category: Business)
Top apparel exporter Brandix partnered with banking giant HSBC to assist more than 600 families facing severe hardship in Sri Lanka’s dry zone due to the prevailing drought. Working with local councils and officials of ‘Grama Niladhari’ Divisions, the two corporate entities have funded the transport of water to needy families in six villages in ...
- Brandix Group makes largest blood donation of 2011 (Category: Business)
- Brandix launches ‘Jalavahini’ to empower women in water management (Category: Business)
- The importance of river basins in driving global growth to rocket (Category: Business)
Indo-Sri Lanka relations have always been interesting not only because of their implications but also given the way in which they change. Economic relations have always been important because India is Sri Lanka’s largest trade partner and the visit of the Indian Commerce Minister together with 105 company representatives has opened new opportunities for the ...
- Different Obligations (Category: Business)
- Alufab goes to India (Category: Breaking News)
- Another chance for CEPA? (Category: Business)
Can one imagine how long it took a ship to arrive from London to Colombo five centuries back? Now it takes only a couple days to courier a special package to any part of the world and a full file of any amount of documents could be sent to any part of the world in ...
- Hub is no hoodoo, says TEA (Category: Business)
- EDB turns 33 (Category: Business)
- Public diplomacy: A missing dimension in our foreign policy (Category: Business)
- Insights on Public Diplomacy (Category: Business)
Transparency International Sri Lanka (TISL) has called on all political parties and the public to be vigilant about the malpractices relating to the use of public property during the upcoming Provincial Council elections. Several surveys conducted by TISL during previous elections in Sri Lanka revealed the use of public property for election work blatantly violating ...
- TISL condemns bid to revive lapsed LG bodies (Category: Breaking News)
- Powers Slashed (Category: Breaking News)
- Pay to use state property for election work (Category: Breaking News)
- EC Issues Circular To State Dept. Heads (Category: Breaking News)
In the global public relations business, Asia is also rising. The flow of Western talent and treasure into the region is well known in our industry, but less visible is the advance of many powerful Asian consultancies with international ambitions which are rising fast. On my 10th anniversary here I would like to share 10 truths ...
- J. Walter Thompson launches new communications integration agency brand (Category: Business)
- Leo Burnett celebrates exceptional year in 2011 (Category: Business)
- A ‘modern’ definition of public relations? Why? (Category: Business)
ESPNCricinfo: Former ICC Chief Executive Haroon Lorgat’s role as special advisor to the SLC will include an independent review of its governance and recommendations to the heavily indebted board on financial management, SLC Secretary Nishantha Ranatunga has said. All recommendations made by Lorgat in his three-month tenure will then be made public. He will also ...
- Lorgat likely to join Sri Lanka Cricket as consultant (Category: Business)
- Lorgat joins Sri Lanka Cricket as special advisor (Category: Breaking News)
- SLC hires former ICC Chief Lorgat as Special Adviser (Category: Business)
- SLC close to appointing Lorgat consultant (Category: Sports)
It is reported that the European Commission has requested approval from its 27 members to commence negotiations with Japan for a Free Trade Agreement (FTA). The once all powerful bloc, which is now having to cope with many a crisis, has sought this agreement as part of a broader effort to boost growth and jobs ...
- Liberalising trade in services (Category: Business)
- Special Pact (Category: Business)
- Free Trade (Category: Business)
- Free Trade (Category: Business)
At Tuesday’s meeting Finance Ministry Secy. reiterates united effort by all to revive Colombo Bourse To appoint all stakeholders-comprised Consultative Committee for regular dialogue and consensus Credit rule to be revised to boost retail participation; fresh support to brokers in the offing, among other measures Meeting with top listed blue chips to be convened next ...
- SEC succumbs! (Category: Business)
- Dr. jayasundera-capital market meeting positive (Category: Business)
- Brokers delighted by talk, lunch with President (Category: Business)
- Dr. PB to meet SEC Commissioners today (Category: Business)
The resettlement of IDPs in the North will be accomplished 100 per cent by mid-August this year and all welfare camps in the North will be shut down, Defence and Urban Development Ministry Secretary Gotabhaya Rajapaksa said. Speaking after opening the Army reconstructed two storied orphanage ‘Blessed Virgin’s Children’s Home’ at Kaththankulam, Mannar on Saturday, ...
- Resettlement to be completed mid Aug; troops to remain in North & East (Category: Breaking News)
- South Africa extends fullest cooperation to reconciliation process, development (Category: Business)
- Riding high on post-war development (Category: Business)
- Sri Lanka is experiencing a national revival – Defence Secretary (Category: Business)
I still remember the day when the brand Rishad Bathiudeen called me from Temple Trees saying that he had been made the Minister of Industry and Commerce and the challenge he had in his hand. My first thoughts to him were that this was going to be the birth of a strong brand in Sri ...
- Will the deal hurt brand NSB? (Category: Business)
- A brilliant marketer? (Category: Business)
- Can ‘Brand Obama’ win in November? (Category: Business)
- East vs .West, good vs. bad: Dissecting ‘glocalisation’ in branding (Category: Business)
Sri Lanka Freedom Party (SLFP), the mains constituent party of the ruling alliance has cancelled, with immediate effect, the party membership and posts of all local government representatives who are accused of sexual abuses or other crimes. As recommended by the party General Secretary, Minister Maithripala Sirisena and sanctioned by the General Secretary of ruling ...
- Polls Chief`s uphill task (Category: Breaking News)
- Sri Lanka - National List slot must for Rukman - Prelate (Category: Breaking News)
- Believes party needs a change in leadership, says SL Parliamentarian Sajith Premadasa. (Category: Breaking News)
- UNP not using capable leaders, says SL (UNP) Parliamentarian Lakshman Seneviratne. (Category: Breaking News)
The Law and Society Trust (LST) in a statement condemned the mob attack on the Mannar court house, allegedly at the instigation of a Cabinet Minister over a disputed ruling, as well as (reportedly) threatening phone calls to the Mannar Magistrate cum District Judge from the same member of the Government. An attack on a ...
- ALP offended by Big Bang video (Category: South Australia)
- TNA condemns attack (Category: Breaking News)
- Pennsylvania's Supreme Court allows state to complete certification (Category: USA, North Dakota)
- Pennsylvania's Supreme Court allows state to complete certification (Category: USA, North Dakota)
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)
THE Lessons Learnt and Reconciliation Commission (LLRC) was the most important post-war step taken by the Government to foster reconciliation and sustainable peace. Since it was released in November of last year, the public as well as the international community have awaited the Government’s steps to implement its recommendations. It would not be exaggeration to ...
- Cabinet approves Advisory Committee to implement LLRC interim report (Category: Breaking News)
- Sri Lankan government ministers representing the left movement call for implementation of LLRC (Category: Breaking News)
- Sri Lanka will not fully implement own war report (Category: Breaking News)
- Cabinet DECISIONS of Sri Lanka (Category: Breaking News)
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