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The first Prime Minister of independent India, Pandit Jawaharlal Nehru, wrote 75 years ago: “It would be absurd to say that the profit motive does not appeal to the average Indian, but it is nevertheless true that there is no such admiration for it in India as there is in the west. The possessor of ...
- Corporatism: A step beyond state capitalism (Category: Business)
- The rise of State capitalism: new masters of the universe or an ominous portent? (Category: Business)
- Impunity: Unequal before the law (Category: Business)
A goat’s best friend is Mervyn! The populace has been cruel to him. Ok, to the goat too, but I am talking about a man willing to be incarcerated just to liberate a hapless animal. Thankfully, the President interceded and saved the day for both. The Minister had promised to defy a Court order and ...
- The other red meat (Category: Australia, Tasmania )
- Battle of the superfoods (Category: Business)
- Mervyn Silva offers she-goat to Goddess Kali (Category: Breaking News)
- Marauding goat Billy attacks trio (Category: Australia, Victoria)
What is sales management? Sales management is a business discipline which is focused on the practical application of sales techniques and the management of a firm’s sales operations. It is an important business function as net sales through the sale of products and services and resulting profit drive most commercial business. These are also typically ...
- Get your Key Account Management right (Category: Business)
- Measuring the impact of HR (Category: Business)
- Why unqualified managers are harmful to employees: Part I (Category: Business)
- Challenges of a CEO (Category: Business)
By Cassandra Mascarenhas The technical sessions of the Association of Professional Bankers’ 24th anniversary convention were held yesterday, bringing the APB’s flagship event to a close. Aptly themed ‘Sustainability in volatility: The bankers’ challenge,’ each technical session explored an area that could throw obstacles in the path of bankers and the line-up of speak...
- More than ever, businesses must think ‘what if’ (Category: Business)
- Banking foresight – Shaping integrated development (Category: Business)
- APB to promote ‘Sustainability in Volatility’ at 24th anniversary convention (Category: Business)
- Threat of recession contains risk of further global bank failures (Category: Business)
By a Special Correspondent A year or back from today, Sri Lankan economy had been sailing strongly amidst global economic typhoons. Most of the macro variables were reflecting peace dividends and rejuvenated hope. However, by mid 2011, the country’s trade deficit, fuelled by credit expansion was signalling early signs of an economic turmoil. Perhaps being ...
- Why Lion leads frontier (Category: Business)
- Economic growth to rebound in 2013: SCB (Category: Business)
- Flexible exchange rates and impact on exporters (Category: Business)
- Value investors enter as speculators exit (Category: Business)
‘Shakthi’ fundraiser by Emerge Lanka Foundation today ‘Shakthi, a Celebration of Femininity,’ a fundraiser for Emerge Lanka Foundation to spread awareness about sexual assault/abuse through artistic avenues, will be held at Barefoot Café today, 21 July, from 6 to 10 p.m. Emerge Global is dedicated to empowering young women around the world who have ...
- All Ceylon Muslim Women’s Association celebrates Diamond Jubilee (Category: Business)
- Budget 2012’s impact on the export sector (Category: Business)
- Zonta launches mentorship programme (Category: Business)
- Unity is the way to success, not ethnic division: President (Category: Business)
The Oxford Advanced Learners Dictionary defines ‘reconcile’ as ‘finding an acceptable way of dealing with two or more ideas that seem to be opposed to each other’. ‘Reconciliation’ is defined as ‘an end to a disagreement and the start of a good relationship again,’ and as ‘the process makes it possible for two different ideas ...
- Video: Rathu Ira P2 (Category: Video)
- India welcomes LLRC report, expects Lanka to act decisively (Category: Business)
- The UN is making lasting peace in Sri Lanka less likely (Category: Business)
- “Ira Handa Yata” for Indian film festival (Category: Breaking News)
All newspapers carried headlines a few days ago stating that May 2012 tourist arrivals have increased by 17.5% from last year. It is reported that the May arrivals of 57,506, was higher than even that of April, which showed only a 9% increase YOY. So far, total arrivals for 2012 up to end May is ...
- Showcasing Sri Lanka and driving demand (Category: Business)
- 2012, another positive year for tourism – BMI (Category: Business)
- More hotels to satisfy demand (Category: Business)
A total of 350 key business professionals in Karachi were hosted by the Chartered Institute of Management Accountants (CIMA) Regional Division for an evening meeting on the theme ‘Harnessing the True Potential of Pakistan,’ which was a first-of-its-kind in the Pakistani financial capital Karachi. The event attracted the key political movers and shakers of Karachi ...
- Sri Lanka call off Pak tour (Category: Breaking News)
- Sri Lanka trade delegation to participate in Expo Pakistan (Category: Breaking News)
- Consul general says Lanka, Pakistan FTA not exploited (Category: Breaking News)
- Vast potential exists to enhance Pak-Lanka trade: SL Consul General (Category: Business)
Road accidents cause the most number of annual deaths in Sri Lanka. Each year over 40,887 road accidents occur in Sri Lanka, causing 6 fatalities every day. Several hundreds of people are left seriously injured; some with lifelong consequences. Addressing this tragedy, Caltex together with the Sri Lanka Traffic Police has embarked on an island-wide ...
- Six Daily Road Deaths (Category: Breaking News)
- Road accidents cost as much as 3% of SL’s annual GDP (Category: Breaking News)
- CMTA launches initiative on road safety awareness (Category: Business)
- A plea for life (Category: Business)
Warns that countries need tough policy changes to stimulate waning growth By Cheranka Mendis Asia Pacific faces another year of tough policy changes to stimulate growth, with Sri Lanka in particular having to manage monetary policy, control inflation, provide jobs for youth and reduce high inequality, it was revealed in a report released yesterday. The ...
- WB cuts China growth forecast to 8.2% (Category: Business)
- Challenging times for Asia Pacific (Category: Business)
- World Bank projects global slowdown, with developing countries impacted (Category: Business)
- Developing Asia’s growth to moderate amid global uncertainty, says ADB (Category: Business)
Can clothes, fashion accessories and makeup make a country look democratic?Dictators have begun to dress up their autocratic regimes in the manner of democracies with all the mod cons that help to pass off a system of government, which is for all purposes a dictatorship, as a five-star democracy. This in the manner that a ...
- Sri Lankan elections: A new dimension (Category: Business)
- Trust deficit and consequences (Category: Breaking News)
- Exercising civic responsibilities (Category: Business)
- Inept’ocracy (Category: Business)
The gap between the rich and poor used to be the province of Third World countries. Why is it an issue in developed countries these days? INSEAD Knowledge: Gaping disparity between the rich and the poor used to be the hallmark of Third World or developing countries – places without a “middle class” or an ...
- Asia’s increasing rich-poor divide undermining growth, stability – ADB Report (Category: Business)
- Gaps that cause instability (Category: Business)
- IMF and income inequality (Category: Breaking News)
- OECD sees no end to jobs crisis as economy struggles (Category: Business)
By C. Bryson Hull MALE (Reuters): It was an ordinary blue felt pen, and not a bullet, that killed Mohamed Nasheed’s term as the first democratically elected president of the Maldives. After rising to acclaim as a champion of democracy and action against climate change, Nasheed is now back on the streets where he led ...
- Maldives charges ex-President with Judge’s detention (Category: Business)
- Maldives President resigns after Police mutiny (Category: Business)
- Ex-Maldives President says “will be in jail tomorrow” (Category: Business)
- EXCLUSIVE- Maldives' ex-president says was forced to resign (Category: Breaking News)
Following are some responses from three economists to the guest column by Chandra Jayaratne titled ‘Important issues’ for Sri Lankan legislators, the Executive, policymakers, Central Bankers, economists and thought leaders to ponder over published on 2 February 1) I disagree with the Stiglitz-Krugman line. My diagnosis is that Europe is in this mess for two ...
- Important issues (Category: Business)
- Achieving economic goals amidst global challenges (Category: Business)
- Asian economies: Managing spillovers and advancing economic rebalancing (Category: Business)
- Sri Lanka’s economy stands to gain from a stronger Europe: German Envoy (Category: Business)
Unlike in many life pursuits, it is said that sports is the great leveller. Sport is where you walk the talk or more precisely, run, sprint, jump, throw, shoot, bat, bowl, field, kick, pass and speed the talk. It is also where superfluous claims and extreme flatulence lose its appeal and action is the key ...
- Football World Cup 2010 can be used to combat Racism and Discrimination Globally (Category: Breaking News)
- Sports oligarchs in South Asia - Mismanagement in sports administration (Category: Business)
- Hijab ban driving women away from soccer (Category: Business)
- Messi wins World Player of Year award again (Category: Business)
The Central Bank of Sri Lanka recently unveiled its pioneering Sixth Strategic Plan – communicating in all transparency its plans for the forthcoming financial period – based on the theme ‘Raising the Bar’. The Sixth Strategic Plan, like its predecessors, takes root from the policy measures underscored in the ‘Mahinda Chinthana,’ and is formulated to ...
- A resolute Sri Lankan economy (Category: Business)
- Robust Roadmap! (Category: Business)
- Achieving economic goals amidst global challenges (Category: Business)
- CB says S&P’s revision unwarranted (Category: Business)
Colombo, (AFP): The Sri Lankan government has ordered a probe into the national cricket team’s “crisis situation” after they fell to another defeat in their one-day series in South Africa, an official said on Wednesday. Sports Minister Mahindananda Aluthgamage asked the country
- Sri Lanka Cricket crave for more matches against India (Category: Sports)
- Sri Lanka’s cash crisis threatens to overshadow tri-series tour (Category: Business)
- Chaminda Vaas Benefit T20 Cricket Cup – 2011, now official (Category: Business)
- Weary Brett Lee quits international cricket (Category: Business)
COLOMBO: A Sri Lankan minister slammed the country’s cricket team on Thursday, blaming poor team spirit for its humiliating 258-run thrashing by South Africa, the island’s worst one-day international defeat. Government spokesman and Media Minister Keheliya Rambukwella said he was “horrified” when Sri Lanka were dismissed for 43 runs at Boland Park in Paarl on ...
- Dilshan tenders resignation as captain-SLC (Category: Breaking News)
- Tillakaratne Dilshan steps down as captain of Sri Lanka cricket team (Category: Breaking News)
- Cricket: Sri Lanka axe coach after just three months (Category: Breaking News)
- Odds against Sri Lanka in SA (Category: Breaking News)
“Our sense is that if we do not act boldly and if we do not act together, the economy around the world runs the risk of a downward spiral of uncertainty, financial instability and potential collapse of global demand… we could run the risk of what some commentators are already calling the lost decade” – ...
- W. Bank’s Zoellick says double-dip recession unlikely (Category: Business)
- Flashing red - European debt crisis signals collapse of social welfare state (Category: Business)
- World economy fragile, faces “uneasy calm” – IMF (Category: Business)
- G20 backs Europe’s plans for overhaul to fight crisis (Category: Business)
We are still stuck in the winter of our discontent! By Jude Fernando Groundviews.org: “Nearly all children nowadays were horrible. What was worst of all was that by means of such organisations as the Spies they were systematically turned into ungovernable little savages, and yet this produced in them no tendency whatever to rebel against ...
- Exercising civic responsibilities (Category: Business)
- Ranil Wickremesinghe’s Sixth (Mis)adventure: An Indisputable Reason For The ‘Aragalaya’ To Stay ... (Category: Breaking News)
- Making Sri Lanka a ‘democratic hub’ for ‘Wonder of Asia’ (Category: Business)
By Cassandra Mascarenhas The Sri Lanka Institute of Directors (SLID), as part of its ‘Power Evening’ series of events, presented an eclectic combination of chairmen from leading organisations in the country last week and at the occasion delved into the subject ‘Performing While Conforming – What the Textbooks Don’t Teach You’ by sharing experiences from ...
- Positioning Sri Lanka in the global economy (Category: Business)
- SLID to present a rare combination at ‘Power Evening’ (Category: Business)
- The evolution of the role of marketers (Category: Business)
- Corporate social responsibility and sustainability practices (Category: Business)
By Sanath Weerasuriya in London The curtain rises at the World Travel Mart in London yesterday with a new hope for Sri Lanka Tourism to go beyond its target of 800,000 tourist arrivals to the country by the end of this year. The business for the Sri Lanka Tourism at the modern architecturally designed Sri ...
- Kimarli Fernando resigns as chairperson of Sri Lanka Tourism (Category: Breaking News)
- Sports Draw (Category: Business)
- Sri Lanka Marks First Anniversary of Civil War End (Category: Breaking News)
- Sri Lanka Marks First Anniversary of Civil War End (Category: Breaking News)
Expolanka Holdings PLC said yesterday it has sustained its consolidated NPAT for the first half of FY 2011/12 at Rs. 668 m, with a consolidated NPBT at Rs. 862 m. These results have been achieved against the backdrop of the many challenges faced by the Group in the international trading sector with its global economic ...
- Expolanka Holdings posts Rs. 903 m profit for 9M of FY12 (Category: Business)
- Expolanka Holdings announces delisting and change of company name (Category: Breaking News)
- Global recognition for Expolanka’s social marketing at 20th World Brand Congress (Category: Business)
- Expolanka Holdings buys controlling stake in Norfolk Foods for Rs. 300 m (Category: Business)
Swami Vivekananda, the Vedanta thinker, once stated: “Take up one idea. Make that one idea your life – think of it, dream of it, live on that idea. Let the brain, muscles, nerves, every part of your body, be full of that idea, and just leave every other idea alone. This is the way great ...
- Former AG Mohan has ‘no idea’ of reporter’s fate (Category: Business)
- Hawaii open? Technically yes, but don't expect much (Category: USA, Mississippi)
- Hawaii open? Technically yes, but don't expect much (Category: USA, New Hampshire)
- Hawaii open? Technically yes, but don't expect much (Category: USA, Maryland)
Secretary-General Ban Ki-moon told world leaders gathered at United Nations Headquarters Wednesday for the General Assembly’s annual high-level debate that they face critical choices on global issues to ensure the well-being of future generations. “We have five imperatives – five generational opportunities to shape the world of tomorrow by the decisions we make today,” the ...
- UN chief urges more companies to embrace business sustainability ideals (Category: Business)
- Mahinda kicks off busy UN programme, attends General Assembly plenary (Category: Business)
- UN Chief Ban calls for ensuring clean energy future for all (Category: Business)
The policy changes, reforms and modernisation since Budget 2011 appears to have been the context of a presentation made to the Joint Apparel Association Forum in July 2011 by the “leading light” in finance, planning, treasury management and economic development. Sri Lanka background 2000-’10 The presentation articulates the background issues experienced from 2000 to 2010. ...
- Achieving economic goals amidst global challenges (Category: Business)
- Raising the bar: The rise of the Sri Lankan economy (Category: Business)
- Treasury Secy. showcases recent economic success and future outlook (Category: Business)
- For a change Geneva, Zurich to hear Sri Lanka’s post-war potential this week (Category: Business)
The brand hopes to capture 15% of the top-end market in 3-5 yearsBusiness Times, Singapore: Over many cups of tea, he has built an empire that spans 101 countries. To that list, he now plans to add Singapore. Merrill Joseph Fernando, who as a young man founded Dilmah tea, has already seen the Sri Lankan ...
- Hub is no hoodoo, says TEA (Category: Business)
- Govt. pledges to protect ‘Pure Ceylon Tea’ (Category: Business)
- ‘Pure Ceylon Tea’ or ‘tea hub’? The billion dollar question (Category: Business)
Stock Broking firm Capital Alliance suggests that the 2.6 million tourist arrivals target isn’t a pipedream but achievable though it will be only by 2020, which is 4 years later than the Government and industry set timeline of 2016. “The Government projects 2.5m arrivals in 2016, but the industry will lack the rooms and trained ...
- Think tourism (Category: Business)
- ETA examined (Category: Business)
- September tourist arrivals up 27% (Category: Business)
- South Africa’s Sun City to invest $ 800 m in Sri Lanka tourism (Category: Business)
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