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Sri Lanka will begin talks for fresh loans with the multilateral donor body- International Monetary Fund (IMFF) for an 'Extended Fund Facility', countryandrsquo;s banking watchdog- Central Bank of Sri Lanka, said following the receipt of the ninth and final tranche of US$ 2.5 billion Stand By Arrangement (SBA).
Former White House Communications Director to lead firm Burson-Marsteller, a leading global public relations and communications firm, today announced the appointment of Donald A. Baer as Worldwide CEO. Baer has wide-ranging executive experience across the worlds of media, communications, journalism and politics, including serving as White House Communications Director and Chief Speechwriter for Pr...
A special seminar on international education and global careers in finance has been jointly organised by Northwood University (USA) and ANC. Guest speakers from education and industry will introduce both O/Level ad A/Level students and their parents on how to best prepare for top jobs in finance. Seminar details are as follow: It’s all about ...
The Ududeniya Jamil Al Azhar Jumma Mosque board of management organised a Meelad un Nabi celebration and prize giving at the Ududeniya Muslim Maha Vidyalaya Hall recently. Here ITN Director Hashim Omar distributes a prize to a student. Sri Lanka Muslim Media Forum President N.M. Ameen, M.S. Hussain and Rsheed M. Imtiyaz were also present
Gearing up to grab international attention with new song ‘Game Over’Q: What’s happening on your end, Yashan? A: Well I’m working on my third studio album these days. I will be releasing a brand English new song this weekend titled ‘Game Over’. I am also in the process of producing a song for Shanudrie, one ...
Reuters: Impoverished North Korea is gearing up to experiment with agricultural and economic reforms after young leader Kim Jong-un and his powerful uncle purged the country’s top general for opposing change, a source with ties to both Pyongyang and Beijing said. The source added that the cabinet had created a special bureau to take control ...
The 21standnbsp;Annual General Meeting of the Sri Lankaandndash;Canada Business Council was held recently at the Canada Club. The Council, which focuses on the objectives of andlsquo;promoting investment, trade and joint venture between Sri Lanka and Canadaandrsquo;, is one of the 21 bilateral business councils that function under the aegis of the Ceylon Chamber of Commerce.
Sri Lanka has successfully secured the coveted rights forandnbsp;Pure Ceylon Cinnamonandnbsp;brand-name in the EU market.
The Colombo Academy of Hospitality Management at the Sri Lanka Institute of Information Technologyandnbsp;(SLIIT) recently formed an exclusive collaboration with the William Angliss Institute, a leading hospitality school in the Asia Pacific region.
Sampath Bank PLC recently launched a platinum affinity credit card to all members of the Chartered Institute of Marketing (CIM) Sri Lanka region.
Toshiba Singapore Pte Ltd through its Toshiba Mobile Computing Partners in Sri Lanka - andnbsp;John Keells Office Automation and Abans, announced last Tuesday, its latest line of smartly equipped yet affordable Satellite M800, Satellite L800 and Satellite C800 Series notebook computers.
France wants to upgrade its investment profile in Sri Lanka andmdash; and in a considerable way. The top EU trade partner is mulling Sri Lankaandrsquo;s rubber and dairy sectors in its first wave of new investments.
Sri Lanka andndash; Indonesia Business Council (SLIBC) which functions under the aegis of the Ceylon Chamber of Commerce held its 19thandnbsp;Annual General Meeting recently. SLIBC was established in 1991 with a view to promote trade, investment, tourism and services between the two countries.
The Central Bank of Sri Lanka is hosting the inaugural SAARC Public Debt Managersandrsquo; Forum on 19 and 20 July 2012 at the John Exter International Conference Hall, Central Bank of Sri Lanka, Colombo.
Impending discussion bolsters investor sentiment as Bourse value gains by Rs. 27 b; some link it to sovereign bond success The Colombo Bourse yesterday staged a mini rally sentiment wise in anticipation of a positive meeting between President and Finance Minister Mahinda Rajapaksa and capital market stakeholders today. The market’s value rose by Rs. 27 ...
With reference to Daily FT’s response (published on 9 July 2012) to Opposition Leader Ranil Wickremesinghe’s comments in Parliament on 5 July 2012, he made a further statement on 18 July. Here is the full text of Wickremesinghe’s statement made in Parliament on 18 July: "I want to raise one issue. On Thursday 5 July ...
HONG KONG (Reuters) :Asian shares rose on Thursday as strong corporate profits from U.S. bellwethers allayed fears of a slowdown in earnings, particularly for the beleaguered tech sector, while the euro steadied after overnight weakness. European shares were set to open slightly higher with the Eurostoxx 50 futures and Germany’s DAX futures up 0.4 percent ...
Industry experts urge disillusioned local investors to ‘buy when it’s down and sell when it’s up’ In a highly volatile atmosphere and with low investor confidence in the Colombo Bourse, experts earlier this week went against the negative sentiments and instead stated that now is the time to buy. These views were aired at a ...
Sri Lanka’s elections provide much fodder for conversation and the upcoming elections, which had their date announced on Thursday, are no exception. Already there are indications that this will be an interesting poll, despite it being classified as a provincial council election, with parties taking a crack at running alone and early allegations of repression. ...
India will look to start the new season on a winning note when they clash with on-form Sri Lanka in a one-day series starting in Hambantota on Saturday. India’s cricket captain Mahendra Singh Dhoni (R) and Sri Lanka’s captain Mahela Jayawardene talk before a news conference ahead of their One Day International (ODI) cricket series ...
The Travel Trade Sports Club (TTSC), the leading sports club representing the travel industry in Sri Lanka has teamed up with 3CS to develop its official website. Travel Trade Sports Club President Dushy Jayaweera signed the agreement with 3CS Managing Director Sandaruwan Maddumabandara at an event held at the Ramada Hotel recently. The Travel Trade ...
Global economic growth remains sluggish and for 2012 and 2013 will be below theandnbsp;Asianandnbsp;Development Outlook (ADO) 2012andnbsp;forecast; the euro area debt crisis continues as the primary threat to the global outlook.
Sri Lankaandrsquo;s leading menswear specialist Hameedia celebrates the Ramazan season in style this year with a special promotion of redeemable discount vouchers on all purchases.
Despite a subdued presence in public and brand competitions during the past year, Orange Electric put up a bold show gaining entry into the list of honour celebrating Sri Lankaandrsquo;s leading brands, emerging as the 15thandnbsp;most valuable unlisted brand of 2011.
CHENNAI: A day after Union Home Minister P. Chidambaram called on him, DMK Chief M. Karunanidhi on Monday said the demand for Eelam (a separate Tamil land in Sri Lanka) will not be a topic of discussion at the proposed conference of the recently revived Tamil Eelam Supporters Organisation (TESO) to be held in Chennai ...
Sri Lanka's NDB Investment Bank (NDBIB) Limited has clinched the titles for Sri Lankaandrsquo;s first investment bank to win an international award as well as the first local investment bank to win an award for excellence from andlsquo;Euromoney,andrsquo; one of the worldandrsquo;s leading financial markets magazines.
Sri Lanka's NDB Investment Bank (NDBIB) Limited has clinched the titles for Sri Lankaandrsquo;s first investment bank to win an international award as well as the first local investment bank to win an award for excellence from andlsquo;Euromoney,andrsquo; one of the worldandrsquo;s leading financial markets magazines.
Sri Lanka has successfully secured the coveted rights forandnbsp;Pure Ceylon Cinnamonandnbsp;brand-name in the EU market.
Outstanding contributions to the local plantation industry were rewarded last Thursday (12) at the countryandrsquo;s first-ever National Plantation Awards ceremony, organized by the Ministry of Plantation Industries.
The Colombo Academy of Hospitality Management at the Sri Lanka Institute of Information Technologyandnbsp;(SLIIT) has announced the formation of an exclusive collaboration with the William Angliss Institute, a leading hospitality school in the Asia Pacific region.