The courage the Government has demonstrated in cancelling the CATIC deal and yet feeling secure, rather than embarrassed by it, must be recognised. It is a responsible step, a prudent decision, which will have enduring benefit both in terms of national policy and FDI strategy. This step will also earn the respect of the indigenous ...

Deutsche Bank yesterday announced that it has successfully implemented a new integration solution for Dialog Axiata PLC, Sri Lanka’s largest mobile network provider, which enables seamless, secure and direct connectivity between the client and the Bank via the SAP NetWeaver Process Integration (“SAP NetWeaver PI”) technology. In addition to a flexible user interface, the BankR...

Securities and Exchange Commission (SEC) Chairperson Indrani Sugathadasa on Saturday used religion to bring some sanity to the capital market, currently marred by allegations of greed and power. Before concluding her speech at the ceremonial opening of the SEC-organised Investment Day 2011 at the Sri Lanka Exhibition and Convention Centre, Sugathadasa, quoting Lord Buddha, said: ...

Text & Pic by : Ruzaik Farook The Past Prefects’ Association of Zahira College, Colombo will organize “Zahira Super 16 Soccer 7’s” for the seventh consecutive year on Saturday, 22nd October 2011 from 8.00 am onwards at Zahira College Grounds, Maradana, Colombo. This is an inter school invitation seven a side football tournament approved by ...

A COLLEGE drop out and global genius is dead. Steve Jobs was a very private person, eccentric and brash. He was fired from the company he founded Apple and was brought back to resurrect it and make it one of the most valuable and admired companies on earth, its stock earlier this year the most ...

The Securities and Exchange Commission of Sri Lanka (SEC) conducted an “Investor Day” on Saturday 1 October at Monty Hotel, Ampara in order to educate investors on investing in the stock market and Unit Trusts. This was the first ever road show conducted in Ampara. A large number of new investors participated at this event ...

The Securities and Exchange Commission of Sri Lanka (SEC) in association with the Sri Lanka Rupavahini Corporation telecasts a live one-hour television series in Sinhala titled ‘Prathilabha’ on the capital market on Sunday mornings at 10 a.m. This programme, which was initiated for the purpose of imparting proper capital market knowledge and awareness on the ...

Sri Lanka’s flagship telecommunications service provider, Dialog Axiata, in collaboration with Starhub, a fully integrated operator in Singapore, now offers customized international connectivity solutions to customers. The partnership is focused on delivering the lowest cost connectivity solutions with strict service levels between Sri Lanka and Singapore using each other’s network.
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Mismanagement in sports administrationThe role of oligarchs in sports administration, national, regional and international, is not solely a South Asian phenomenon, it is a worldwide cancer. Anyone who has worked in the sports sector in South Asia would have come up against this debilitating factor. It is all pervasive and endemic. Once at a South ...

Women in South AsiaFollowing is the address delivered by the High Commissioner of Pakistan Seema Ilahi Baloch at the South Asia Women in Media Forum: The women of South Asia must be proud, because our land can boast of some of the greatest women leaders of our times. Sirimavo Bandaranaike, Indira Gandhi, Benazir Bhutto, Husina ...

Bullish on post-war revival in tourism and to cater to growing demand for its hospitality Renuka City Hotels Plc, is investing Rs. 200 million to add 20 more rooms, bringing the total to 100 inclusive of the adjoining Hotel Renuka. Chairman Ravi Thambiayah told the Daily FT that the company was waiting for approvals to ...

Power Scan (Pvt) Ltd started its operations in 2003. Throughout the years the company’s product offering and related services has expanded to Data Center Design Building and Total IT infrastructure solutions creating a name for itself in the IT industry in Sri Lanka. The company has tied up with world reputed brands like Emerson/Liebert for ...

Asia Capital recently sold its 53% stake in Asian Alliance Insurance and a 40% stake in Asia Siyaka, realising Rs. 2.3 billion. It now plans to forge ahead with a new portfolio of investments in films, hotels and IT. Asia Capital’s senior management outlined these plans and its forthcoming Initial Public Offering, plans to float ...

Coming from a marketing background I tend to view the happenings of the world from a lens that can be different to many. Last week’s developing story of the Anna Hazare episode in India was unique, in my perception. A man who does not own a computer and is 74 years of age, with little ...

The ‘Lanka Challenge 2011’ trishaw race started off in grand style on Saturday 20 August 2011 at 8:30 a.m. from the premises of Tangerine Tree Hotel, Minuwangoda. The competitors kicked off to a solid start, with the official flag-off given by the Acting Director General of Sri Lanka Tourism Vipula Wanigasekara along with the presence ...

Our ‘poli-socionomic’ dialogue You will recall that like Capt. Kirk in his Star Ship-Enterprise,’ we also ventured into new territory with our first discussions under this theme ‘poli-socionomics,’ which appears to have caught on somewhat; thus, on behalf of those of us who still dare to think, I must thank those editors who carried it. ...