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A fusion of glamour and festivities awaits guests at the annual gala dinner organised by the Sri Lanka India Society to celebrate India’s Independence Day. The celebratory dinner will be held today from 6. 45p.m. at Taj Samudra. The Chief Guest at the dinner will be High Commissioner of India to Sri Lanka Ashok K. ...
- ‘Sthree Utsav 2012’ by The Sri Lanka India Society to dazzle Colombo (Category: Business)
- Rs. 200,000 from US Ambassador’s Ball to Sri Lanka Wildlife Conservation Society (Category: Business)
- Mega ‘India Show’ in August 2012 to boost bilateral trade with Sri Lanka (Category: Business)
- It was Bachchan's decision, not IIFA (Category: Breaking News)
A number of articles which appeared in print media in the recent past signify the volatility in the economy. High volatility leads to vulnerability. Volatility and vulnerability are reflections of the haphazard nature of the economic policies and poor economic governance in a country. What is volatility? Volatility is the severity and the frequency with ...
- Achieving economic goals amidst global challenges (Category: Business)
- Raising the bar: The rise of the Sri Lankan economy (Category: Business)
- Lion leads frontier markets (Category: Business)
The Sri Lankan Government is making serious efforts in rehabilitation of former Tamil Tiger combatants, their reintegration into society and reconciliation with the minority, a high ranking Russian Government official said. Konstantin Dolgov, Russian Foreign Ministry Commissioner for Human Rights, Democracy and the Rule of Law, and Ambassador-at-Large, said the situation in terms of human ...
- New air services agreement signed with Russia (Category: Business)
- Russian support for SL’s reconciliation process (Category: Breaking News)
- GOSL appreciates Russia's support assisting reconciliation (Category: Breaking News)
- Sri Lanka urged to do more for citizens freed after Russian ‘torture’ (Category: Breaking News)
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)
By Shanuka Tissera SREI Infrastructure Finance Ltd (India) announced their launch in Sri Lanka through a partnership with Arinma Holdings Pvt Ltd. SREI has helped over 30,000 entrepreneurs over its 23 years in operation offering a range of services in the infrastructure sector: Infrastructure project finance, advisory and development infrastructure equipment finance, venture capital and ...
- India’s SREI enters Sri Lankan market (Category: Breaking News)
- Upholding its commitment to sustainability, Arinma Holdings is ISO 14001:2015 Certified (Category: Breaking News)
- Upholding its commitment to sustainability, Arinma Holdings is ISO 14001:2015 Certified (Category: Breaking News)
- Upholding its commitment to sustainability, Arinma Holdings is ISO 14001:2015 Certified (Category: Breaking News)
By Cassandra Mascarenhas Sri Lanka’s biggest ICT events of 2012, the ASOCIO international conference and the country’s national IT expo INFOTEL, will be held consecutively portraying the country’s persistent ICT development and the significance of the rapidly expanding industry. Hosted by the Federation of Information Technology Industry (FITIS), the Asian-Oceanian Computi...
- Nominations called for ICT Lifetime Achiever 2012 (Category: Business)
- Sri Lanka re-elected as Chair of UNESCAP ICT Committee third time (Category: Business)
- Microsoft Sri Lanka Partners ICTA for FutureGov SAARC Summit 2012 (Category: Business)
Reuters: Russia warned the West on Tuesday against unilateral action on Syria, a day after U.S. President Barack Obama threatened “enormous consequences” if his Syrian counterpart used chemical or biological arms or even moved them in a menacing way. Russian Foreign Minister Sergei
- No more wars (Category: Business)
- Russia warns West over Syria after Obama threats (Category: Breaking News)
- Syria urged to end violence (Category: Business)
- Ahmadinejad denounces ‘uncivilised Zionists,’ urges new order (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)
Sri Lanka’s dependence on imported milk is a phenomenon that evolved during the time frame of my lifetime. I well remember as a child, a man used to bring a cow and its small calf to our house – we lived in a Government quarters bungalow in Colombo – and milk the cow, in the ...
- Why Sri Lanka’s dairy industry has languished (Category: Business)
- Nestlé increases milk collection (Category: Business)
- Anchor Newdale sets the standard for freshness and quality with locally sourced milk (Category: Business)
- Growing challenge of food insecurity and malnutrition in Sri Lanka amidst macroeconomic crisis (Category: Breaking News)
The Tourism Authority of Thailand has unveiled a series of strategies designed to maintain, enhance and promote Thailand’s brand image, marketing profile and visitor arrivals. TAT has set a 2013 target of 22.22 million international visitor arrivals, generating estimated foreign exchange revenues of 966 billion Baht (US$ 30.62 billion, based on the exchange rate of ...
- Thailand ranks as No. 1 outbound destination for Indian travellers (Category: Business)
- Chamber of Tourism and Industry Chief meets Thai Deputy PM and Tourism Minister (Category: Business)
- Discussion on ‘Bilateral Trade between Sri Lanka and Thailand’ (Category: Business)
- Huawei launches its largest-ever regional Seeds for the Future Program, inspiring digital talent... (Category: Breaking News)
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 ...
- Why Lion leads frontier (Category: Business)
- Achieving economic goals amidst global challenges (Category: Business)
- Sustainability in volatility: The bankers’ challenge (Category: Business)
UNCTAD released its World Investment Report 2012 recently. The report indicated that for the first time since 2007, global FDI inflows increased by 16% despite the continuing effects of the global and financial economic crisis. However, UNCTAD predicts the FDI growth rates to decline in 2012 due to economic uncertainty and the possibility of lower ...
- UNCTAD moots new generation of investment policies for sustainable development (Category: Business)
- Global FDI defies crisis to jump 17% to $ 1.5 trillion in 2011 (Category: Business)
- Global FDI slumps as debt crisis scares M&A away: UN report (Category: Business)
- Global FDI losing momentum in ’12 (Category: Business)
Reuters: Investors are criss-crossing the increasingly smudged line between emerging and developed markets as the euro zone crisis challenges traditional perceptions of a safe investment. This blurring of distinctions was illustrated last month by index compiler MSCI’s surprise decision to review Greece’s stock market for downgrade to emerging market status, usually assigned to poorer ...
- Euro zone crisis heads for September crunch (Category: Business)
- Asia, not North America, now has most millionaires (Category: Business)
- BRICS demand bigger IMF role before giving it cash (Category: Business)
- Zenith Optimedia cuts 2012 global ad forecast to $ 502 b on euro woes (Category: Business)
By Cassandra Mascarenhas Setting its sights on placing Sri Lanka in the global economy and expanding its reach in overseas markets, the Sri Lanka Economic Summit 2012, the Ceylon Chamber of Commerce’s annual flagship event, aptly themed ‘Positioning Sri Lanka in the Global Economy,’ commenced last evening at the Cinnamon Grand. In the context of ...
- Lion leads frontier markets (Category: Business)
- Young political guns speak up for economy (Category: Business)
- Ceylon Chamber spearheaded repositioning post-war Sri Lanka forum kicks off today (Category: Business)
- Sustainability in volatility: The bankers’ challenge (Category: Business)
After 11 years of making US higher education popular across the tiny island nation in Indian Ocean Scholarships for USA (Pvt) Ltd (www.scholarshipsforusa.com) has commenced promoting Sri Lanka as one of the most viable Study Abroad destinations for its numerous partners in US. SUSA believes the traffic needs to be both ways and there’s much ...
- Scholarships for USA team visits Augustana College in Illinois (Category: Business)
- Scholarships team welcomed by Study Illinois (Category: Business)
- US’ Tusculum College looks forward to positive engagement Sri Lanka (Category: Business)
- Education abroad: Making the right choice (Category: Business)
Sri Lanka’s new development tagline Sri Lanka’s current development tagline has been to make it the ‘Emerging Wonder of Asia’ as originally enunciated in the ‘Mahinda Chinthana: Vision for the Future’ and reaffirmed in both the Development Policy Framework of the Government issued in 2010 and the Annual Report of the Ministry of Finance and ...
- Achieving economic goals amidst global challenges (Category: Business)
- Treasury Secy. showcases recent economic success and future outlook (Category: Business)
Reuters: Swedish retailer IKEA, the world’s largest furniture maker, is opening up in India, marking a crucial step for the Indian government whose policy flip flops related to foreign investment have damaged market confidence. The company, known for huge stores selling flatpack furniture and accessories, said it would invest 1.5 billion euros to open 25 ...
- IKEA has grand designs on Sydney (Category: AU, New South Wales)
- Our survival guide to IKEA (Category: AU, New South Wales)
- Ikea customers must now accept risk of furniture tip over before purchases (Category: USA, Maine)
- Ikea customers must now accept risk of furniture tip over before purchases (Category: USA, Nebraska)
By Cheranka Mendis Held for the 22nd consecutive year, Sri Lanka’s international gem and jewellery exhibition ‘Facets 2012’ is geared to make bigger waves in the market with 154 stalls being sold out already. Scheduled to be held from 5 to 8 September at the Sirimavo Bandaranaike Memorial Exhibition Centre at BMICH, the exhibition has ...
- Sri Lanka International Gem and Jewellery show, FACETS 2012 in September (Category: Breaking News)
- Promotions in full swing for FACETS Sri Lanka (Category: Breaking News)
- FACETS 2011 takes-off as gem exports continue its turnaround through 1H 2011 (Category: Business)
- Facets 2012 International Gem and Jewellery Show (Category: Breaking News)
Offers $ 43 b in overall deal which will see Fund’s base doubling to $ 456 b Reuters: China on Monday offered $43 billion to the IMF’s crisis-fighting reserves, rounding off a global push to nearly double the Fund’s war chest to $456 billion to help protect countries from fallout from the euro zone debt ...
- BRICS demand bigger IMF role before giving it cash (Category: Business)
- BRICS nations gird to pressure West over imbalances (Category: Business)
- IMF seeks more funds; G20 to discuss (Category: Business)
- Lagarde’s next battle at IMF: Power shift (Category: Business)
The global financial crisis of 2008/09 has not sent migrant workers streaming back home, despite worsening employment prospects and anti-immigration rhetoric in some destination countries, says a new book on migration and remittances, published by the World Bank last week. In fact, migrants may have mitigated some of the pain of the crisis as they ...
- New instrument for financing Sri Lankan development (Category: Business)
- Sri Lanka received highest remittances from Kuwait, UAE and Qatar in 3Q2023 (Category: Breaking News)
- Current phase of global recovery and implications for Sri Lanka (Category: Business)
- IMF says fragmentation could cost global economy up to 7% of GDP (Category: Breaking News)
A document named ‘Growing Together’ prepared by UNESCAP for the sixty sixth session of ESCAP states that the realisation of what is termed as the ‘Asia Pacific century’ will depend on the region’s ability to harness the potential of regional economic integration. A shared history and culture, complementarities arising from their very different levels of ...
- Asia Pacific trade and investment (Category: Business)
- Challenging times for Asia Pacific (Category: Business)
- More challenging global environment ahead for Asia Pacific region (Category: Business)
- Asia sees red over ‘green economy’ (Category: Business)
Reuters: Syria is nearing full-blown sectarian civil war that would be catastrophic for the entire Middle East, Western nations said on Thursday, urging Russia to end its support for President Bashar al-Assad and put pressure on him to stop the bloodshed. With anti-Assad rebels urging international
- Arab League stops short of suspending Syria, urges dialogue (Category: Business)
- UN says Syria civil war “imminent,” West urges sanctions (Category: Business)
- Syria now an “internal armed conflict”– Red Cross (Category: Business)
- Frustrated Annan quits as Syria peace envoy (Category: Business)
Wide publicity has been given to the events unfolding at the Sri Lanka Tourism regarding the resignation of the Chairman from Sri Lanka Tourism Promotion Bureau, Sri Lanka Institute of Tourism and Hotel Management and Sri Lanka Convention Bureau and the performance of the Board of Investment. The media reports have given the impression that ...
- Basil bats for PB (Category: Business)
- BOI Board in limbo (Category: Business)
- Combined publicity blitz for Sri Lanka tourism still not 100% ready (Category: Business)
- Nalaka Godahewa tosses three tourism hats (Category: Business)
Ballooning trade gap Even with the multitude of measures taken to curb imports, Sri Lanka's cumulative trade deficit widened to nearly US$ 1.7 billion in the first two months of the year with earnings from exports increasing marginally by 3.3 per cent to US$ 1.8 billion whilst import expenditure shooting by 24.7 per cent to ...
- Hub is no hoodoo, says TEA (Category: Business)
- Marketing 3.0 and Sri Lanka (Category: Business)
- ‘Pure Ceylon Tea’ or ‘tea hub’? The billion dollar question (Category: Business)
- Do people prefer coffee over tea? (Category: Business)
After the LTTE was defeated, a campaign designed to promote Sri Lanka as a leisure and investment destination labelled ‘The Small Miracle’ was shot down, ostensibly on the ground that the miracle was in no way ‘small’. The marketing value in Sri Lanka’s compact size, our rich biodiversity, the diversity of leisure locations and physical ...
- Lanka’s economic miracle turns sour (Category: Breaking News)
- ‘Burmese Lessons’ for Sri Lanka (Category: Business)
- Suu Kyi’s party claims landslide win in Myanmar vote (Category: Business)
MACAU,(Reuters): Russia is placing bets that plans to build a gambling and entertainment zone near the port city of Vladivostok will lure investors who have spent big money on casinos for Asian gamblers in Macau and Singapore. Vladivostok, located near China and known more for its oil and gas pipes
- Fungi Premium (Category: Business)
- The Latest: Pakistan's cases rise amid large gatherings (Category: USA, South Dakota)
- The Latest: Pakistan's cases rise amid large gatherings (Category: USA, South Dakota)
- The Latest: Pakistan's cases rise amid large gatherings (Category: USA, South Dakota)
The UNWTO has welcomed the Declaration issued by the Tourism Ministers of the G20 economies (T20) calling for priority to be given to facilitating travel as a means to boost economic growth and create jobs. The Declaration states, “To ensure that tourism can play a key role in creating employment opportunities, both directly and indirectly ...
- UNWTO and WTTC call on the G20 to use tourism’s potential for job creation (Category: Business)
- New UNWTO and ATM Forum to boost Middle East tourism (Category: Business)
- 415 m tourists expected worldwide during May-August peak season (Category: Business)
- Tourism vital to tackling global economic challenges: UNWTO (Category: Business)
Reuters: Iranian President Mahmoud Ahmadinejad will visit China in June for a security summit and discuss his country’s disputed nuclear program with Chinese President Hu Jintao, a senior diplomat said on Wednesday, criticising new sanctions aimed at Iran. Ahmadinejad will be attending the Shanghai Cooperation Organisation (SCO) meeting hosted by Beijing in June, China’s Vice ...
- Ahmadinejad denounces ‘uncivilised Zionists,’ urges new order (Category: Business)
- Ahmadinejad says his country will succeed in the battle against the West (Category: Breaking News)
- Ahmadinejad says US can no longer dictate policy (Category: Business)
- Iran imposes oil ‘counter-sanctions’ on EU (Category: Business)
News reports point to an important decision that the minister concerned has been requested to make on the above subject. If this is correct it is important that we recognise that it is more than a million dollar decision that has been called for. It is so important a decision because it could determine the ...
- Storms brewing in teacups (Category: Business)
- Storm in Sri Lanka’s teacup: A more pragmatic approach is key (Category: Business)
- SL must become a tea nation, but… (Category: Business)
INSEAD, the leading international business school, has partnered with leading TMT advisory and investment firm Delta Partners to release a joint white paper that defines core emerging markets, growth drivers as well as opportunities and challenges in the global telecommunications industry. At a time when Facebook is getting ready to IPO, its focus on emerging ...
- Global Information Technology Report: living in a hyperconnected world (Category: Business)
- Colombo to host GSMA mWomen Working Group meeting (Category: Business)
- Dialog extends deal with Cable&Wireless to provide managed services to customers (Category: Business)
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