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Reuters: Investors fed up with years of poor returns are deserting BRIC equity funds, pushing share valuations to record cheap levels and questioning the future of the high-profile investment theme. The term, coined in 2001 by Goldman Sachs banker Jim O’Neill, provided a catchy acronym to unite the four biggest emerging economies, two of which ...
Corporate earnings of entities listed on the Colombo Stock Exchange have contracted in the second quarter of 2012, says a research report released recently by Lanka Securities Research.
The Maldives Hotel Asia 2012 will see the participation of a 20 member delegation from Sri Lanka from 10 to 12 September 2012 courtesy of the Sri Lanka andndash; Maldives Bilateral Business Council of the Ceylon Chamber of Commerce.
Many students who followed the marketing course at the Sri Lanka Institute of Marketing (SLIM) passed out at the Chartered Institute of Marketing (CIM) annual graduation ceremony held recently at the Waters Edge, Battaramulla. SLIM is an accredited centre for CIM and it conducts lectures for CIM students at its branch in Kandy as well.
Come September, the Beira lake will be transformed from still to stirring for the first ever Sri Lanka Schools Rowing Championships.andnbsp; Fourteen leading schools from the country will flock to the Colombo Rowing Club to take part in the true spirit of camaraderie and principled athletics for four consecutive days.
Unileverandrsquo;s trusted oral hygiene expert andlsquo;Signalandrsquo; re-launched its global anti-cavity product, andlsquo;Signal Strong Teethandrsquo; with a pledge to andldquo;build stronger teeth for the futureandrdquo;. This anti-cavity product range and its technology is recognized by the World Dental Federation and accepted by the Sri Lanka Dental Association.
Immediate steps must be taken to eliminate huge financial losses and improve the efficiency of the electricity and petroleum sectors of Sri Lanka, in order to create an environment in the country which is conducive for accelerated economic growth, local think tank Pathfinder says in its latest andlsquo;Economic Flash.andrsquo;
Trade oriented Israel is willing to share knowledge, technology and experience to uplift the agriculture industry in Sri Lanka, Embassy of Israel Deputy Chief of Mission Yahel Vilan said.
LONDON (Reuters): Copper hit a four-month high on Monday as hopes for more policy easing in the United States prevailed and as weak copper and other commodity imports in China, coupled with weak factory activity, reinforced prospects for more stimulus measures there. Chinese data showed copper imports in August fell 2.9% from July due to ...
BEIJING (Reuters): China will provide subsidies worth $2.2 billion to buyers of energy-efficient computers and air-conditioners in the latest effort to stimulate domestic demand and encourage the use of environmentally friendly technology, Xinhua reported on Sunday. The one-year subsidy programme will cover purchases of desktop computers, air-conditioners, fans, water pumps, compressors and transf...
Indiaandrsquo;s largest two-wheeler manufacturer, Hero MotoCorpandnbsp;expanded its network into the international market. The newly incorporated brand entity launched 14 of its two-wheeler models in Sri Lanka on 3 September at the Waterandrsquo;s Edge.
Merchant Bank of Sri Lanka PLC., the pioneering investment bank in the country and a subsidiary of andnbsp;Bank of Ceylon has made its presence felt in many districts, concentrating in the areas of leasing and hire purchase.
Debug Computer Peripherals the Authorized distributor for EPSON Products in Sri Lanka held its fourth Annual Regionalandnbsp;Channel Partner Meet at Hotel Green Paradise in Dambulla.
Cairn Lanka (Pvt) Limited, the countryandrsquo;s active oil and gas exploration company, organized a vendor partnership programme in Colombo today. The objective of the conference was to encourage local business partners to join Cairn in the growth of Oil andamp; Gas sector in Sri Lanka.
Trincomalee is the administrative capital of the Eastern Province. Trincomalee's strategic importance both commercially and military wise has shaped the history of Sri Lanka.
A large high-profile South African business delegation arrived in Sri Lanka last week on a four-day visit to explore investment opportunities.
The biggest ICT events of the year, which will portray the countryandrsquo;s persistent development and the significance of information communications and technology, will be hosted by the Federation of Information Technology Industry Sri Lanka (FITIS), on November 2012.
South Africa, Sri Lankaandrsquo;s leading trade partner in Sub-Saharan Africa and the third most competitive economy in the US$ 13.7 trillion BRICS grouping, is making an unprecedented investment foray in to resurgent Sri Lanka-with no less than US$ 122 million initial investment andndash;and scheduling yet another strong business delegation to SL next.
Sri Lanka China Business Cooperation Council (SLCBCC) held the much-awaited SLCBCC Business Star Awards 2012 on 16 August, at the Grand Ballroom of Galadari Hotel Colombo, in the presence of a distinguished gathering, to recognize the performance of enterprises engaged in business activities with China and who have made significant achievements while keeping to good business ethics.
CIC Holdings PLC received top honours for their Annual Report at the 2011 Vision Awards, taking the Gold Award in the Agribusiness category as well as being ranked among the Top 25 Sri Lankan Annual Reports of 2011.
Forty-two loyal customers of Sampath e-remittance service were in for a bonanza during the Ramadan season participating in the Sampath Cash Wasi promotion. This was the second time that Sampath Bank conducted the Cash Wasi promotion to reward its loyal e-remittance customers. When it was introduced first time during the Sinhala New Year season, 32 ...
The Lanka Micro Finance Practitioners Association (LMFPA), as the apex body of Micro Finance Institutions (MFIs), in itsandnbsp; bid to address andandnbsp; create awareness about development and current status of the industry including best practices commenced a series ofandnbsp;Enabling Dialogues,andnbsp;where CEOs, General Managers, Directors of companies engaged in Micro-Financing (including Li...
andldquo;The measurement sticks of government services are reliability and productiveness. When the services are electronically implemented, reliability and productiveness should increase with great discipline,andrdquo; said the Secretary to the President Lalith Weeratunga, at the launch of government of e-Services, which was held recently at the Sri Lanka Institute of Development Administration (...
Wisdom Business Academy, the largest CIMA Business School in Sri Lanka, renowned for its high quality higher education paths in Financial and Business Management stream has tied up with Robert Gordon University (RGU), UK with a vision of providing an opportunity to grant an internationally prominent graduate level qualification in Sri Lanka.
French automakerandnbsp;Peugeotandrsquo;s stylish new family car launched in 2010 andndash;andnbsp;the Peugeot 508 andndash; is now offered in Sri Lanka by Carmart Ltd.
EAP Films andamp; Theatres (Pvt) Ltd. is considering increasing the number of cinemas it operates in Sri Lanka from 18 to 25 within the coming two years and expansion overseas to Vietnam and Singapore thereafter, EAP Films andamp; Theatres (Pvt) Ltd. Director/CEO, Thushan Rangana Meemanage revealed recently.
Reuters: China has given the green light for 60 infrastructure projects worth more than $150 billion as it looks to energise an economy mired in its worst slowdown in three years, fuelling hopes the world’s growth engine may get a lift from the fourth quarter. Shares and steel futures jumped on the plans to build ...
Marketing Director of Pan Audio Private Limited and Director of Pan Care Pvt. Limited, G. S. Sylvester has been selected as team leader for the Group Study Exchange, an international programme exchange for young professionals organized by The Rotary Foundation of Rotary International.
Baby Cheramy, a trusted brand of leading Sri Lankan conglomerate Hemas Holdings PLC, celebrates 50 years of enriching lives of Sri Lankan mothers and children this year.
Thriving with the vision of becoming the global role model for community centred social development, International Movement for Community Development (IMCD) has demonstrated clear prospects of becoming an exemplary social service organization in Sri Lanka.