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The location of Sri Lanka has a strategic significance and this has been proven by the historical trading activities between Sri Lanka and ancient China, Egypt, and the Roman Empire. There is ample evidence to show that Sri Lanka was a main trading hub in Asia. The reasons for occupation of Sri Lanka by the ...
- Accelerating inclusive growth: The role of the external sector (Category: Business)
- Sri Lanka to revive FTA talks with India, China and Thailand (Category: Breaking News)
- Is Sri Lanka geared for globalisation? (Category: Business)
- EDB turns 33 (Category: Business)
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 ...
- China slowdown weighs on emerging market funds (Category: Business)
- Templeton plans $300 m emerging markets fund (Category: Business)
- Developed or developing? Try merging markets (Category: Business)
- Mobius bets on further oil price increases (Category: Business)
Protecting the small depositor One reason for poor communities the world over responding to the service facility provided by Micro Finance Institutions (MFI) to take in the small amounts of savings the poor generate on a daily or weekly basis is the security offered by the cash being securely looked after at a remote ...
- Unregulated microfinance - A high-risk strategy (Category: Business)
- Finance: Restrictions on use of the word (Category: Business)
- Regulation of microfinance institutions (Category: Business)
- Micro finance: As India moves forward, Sri Lanka stagnates (Category: Business)
Last week I had the opportunity of meeting Hermawan Kartajaya, one of the top 50 gurus who has shaped the world of marketing. His perspective to the changing landscape of marketing and what business must do sure opened my mind set to a new way of thinking business and Sri Lanka’s policy decision making. Hermawan ...
- Storm in Sri Lanka’s teacup: A more pragmatic approach is key (Category: Business)
- Eminent speakers at SLIM International Marketing Conference 2012 tomorrow (Category: Business)
- Honorary Fellow Dr. Hermawan Kartajaya visits SLIM (Category: Business)
- Driving marketing in the boardroom (Category: Business)
Disruption to food production, due to adverse weather conditions in USA, China, Russia and India could contribute to a spike in world food prices. Due to its direct exposure to global supply disruptions, Sri Lanka could be adversely affected, warns Sri Lankaandrsquo;s economic think tank andndash
- Lawmakers take up issue of genetically-altered foods (Category: USA, Washington)
- Tucson Originals holding food drive at its restaurants (Category: USA, Arizona)
- Lithonia Food Thief Strikes Same Homeowner 4 Times (Category: USA, Georgia)
- How long can someone survive in the cold without food? (Category: Technology)
BEIJING, (Reuters): Sri Lanka released 37 Chinese fishermen detained by its navy, China’s Xinhua state news agency reported on Monday, putting a quick end to what could have been a test of the increasingly close ties between Beijing and Colombo. Sri Lanka’s navy arrested the fishermen on Sunday night for fishing in Sri Lankan waters. ...
- China urges Sri Lanka to release detained fishermen (Category: Breaking News)
- Sri Lanka denies release of Chinese fishermen (Category: Breaking News)
- Eastday-Sri Lanka releases 37 Chinese fishermen (Category: Breaking News)
- Detained fishermen remain safely on trawlers (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)
Four examples; two bad and two goodThe website of the London Economist newspaper has a reference to an official of a certain country referring to a journalist in words similar to what follows – I have substituted words which would be appropriate to an officer and a gentleman addressing a lady, for what was actually ...
- Corporatism: A step beyond state capitalism (Category: Business)
- Entrepreneur and the profit motive (Category: Business)
- Exercising civic responsibilities (Category: Business)
Reuters: Holders Spain set up a European Championship semi-final with Iberian rivals Portugal after an uninspiring 2-0 win over France on Saturday which featured yet another headed goal but prompted boos from a sometimes bored crowd. The tournament has generally been graced by high quality, exciting soccer so far but for all Spain’s skill at ...
- Spain’s Iniesta named Euro 2012’s best player (Category: Business)
- Spain dominates World Player of the Year shortlist (Category: Business)
- Dutch top FIFA rankings without kicking a ball (Category: Business)
- Spain leads, Uruguay pips Germany in FIFA world rankings (Category: Business)
FACETS 2012, Sri Lankaandrsquo;s only International Gem and Jewellery Show which is expected to be held from the 5 - 8 September this year, has all 154 booths sold out, with inquiries continuing to come in from countries like India, Russia and China to send buying delegations.
FACETS 2012, Sri Lankaandrsquo;s only International Gem and Jewellery Show which is expected to be held from the 5 to 8 September this year, has all 154 booths sold out, with inquiries continuing to come in from countries like Russia and China to send buying delegations.
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)
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)
News Butterfly, the unique TV programme from the US’ FOX news network, is now filming in Colombo for an exclusive segment on Sri Lanka’s new upswing. News Butterfly Market Place (NBMP) is described as a ‘unique women’s movement on TV’. According to NBMP, ‘the programme is a TV Channel venture for beautiful and talented women ...
- First-ever global logistics expo makes good ground for business networking (Category: Breaking News)
- Indian business supports Sri Lanka Expo 2012 (Category: Breaking News)
- Ind-Expo seminar on ‘New Food Hygiene Regulations’ (Category: Business)
- Over 55 tour agents, 50 international journalists for Expo 2012 (Category: Business)
By Cheranka Mendis The volatility in Middle Eastern markets, coupled with the increasing issue of low quality due to competition and increasing costs, has placed the local tea industry in a big fix, which could, if unattended, immediately mark the end of a Sri Lankan legacy in four to five years. Despite Sri Lankan tea ...
- Tackling tea travails (Category: Business)
- Planters’ Association Chief says turbulent times for tea (Category: Business)
- Sector report (Category: Business)
- Tea Industry Divided Over Importing Tea For Blending (Category: Breaking News)
Arab News: RIYADH: Saudi businessmen have evinced immense interest in attending the upcoming the Sri Lanka Expo 2012 scheduled from 28 to 30 March in Colombo, Sri Lankan Embassy’s Commercial Counselor Anil Sirimanna said. The Sri Lanka Export Development Board (EDB) has organised the three-day event being held at the Bandaranaike Memorial International Conference Hall ...
- Rishad to promote Lanka at Dubai AIM power forum (Category: Business)
- EDB, UK High Commission promotes Sri Lanka Expo 2012 in London (Category: Business)
- Expo 2012 promotional meeting in the Dubai Chamber (Category: Business)
GENEVA (Reuters): International filings for patent protection, a key indicator of technological innovation in major economies, hit an all-time record last year driven by growth in China and other middle- income countries, a United Nations agency said last week. The World Intellectual Property Organisation, which administers the global patent pact, reported that 2011 saw a ...
- China tops US, Japan to become top patent filer (Category: Business)
- The Covid-19 Crisis & Innovation: Why Intellectual Property Rights Matter (Category: Breaking News)
- The Covid-19 Crisis & Innovation: Why Intellectual Property Rights Matter (Category: Breaking News)
- The Covid-19 Crisis & Innovation: Why Intellectual Property Rights Matter (Category: Breaking News)
At a time when some major global apparel buyers are shifting their sourcing to low-cost countries like Cambodia, Bangladesh and Vietnam, Sri Lankan garment manufacturers are not only able to retain their current buyers but have also succeeded in luring new buyers. In fact, the Sri Lankan apparel industry has crossed its US$ 4 billion ...
- Service Level (Category: Business)
- Apparel industry leaders to gather in Sri Lankan capital for apparel forum and design festival (Category: Breaking News)
- Buying Shift (Category: Business)
- Overseas clothing retailers start lining back at Sri Lankan doors (Category: Breaking News)
Reuters: Iran, facing sanctions that could cripple its oil exports, has told world powers it wants to resume long-stalled talks with “new initiatives”, and France said it might be open to addressing suspicions about its nuclear programme. Tehran made the offer in a letter to the EU’s foreign policy chief obtained by Reuters on Thursday, ...
- Letter To Tiran (Category: Breaking News)
- Marsh sends letter of demand to SLC (Category: Business)
- Iran halts oil sales to UK, France on eve of talks (Category: Business)
- Iran imposes oil ‘counter-sanctions’ on EU (Category: Business)
Attacked woman reportedly denies rape; blames on being in wrong place at wrong time; Family to be flown in at Sri Lanka Tourism expense for care By Cheranka Mendis The Government yesterday reiterated those responsible for the killing of British tourist and causing injury to his Russian partner will be severely dealt with as per ...
- Business as usual for professionally-managed southern hotels (Category: Business)
- Tourism decries Tangalle tragedy as biggest setback (Category: Business)
- Tourism, law enforcement authorities handling incident well: Dr. Godahewa (Category: Business)
- Sri Lanka police to arrest more suspects of the attack on British tourist (Category: Breaking News)
Reuters: Iran threatened on Tuesday to stop the flow of oil through the Strait of Hormuz if foreign sanctions were imposed on its crude exports over its nuclear ambitions, a move that could trigger military conflict with economies dependent on Gulf oil. Western tensions with Iran have increased since a November 8 report by the ...
- Iran says fires long-range missile in Gulf drill (Category: Business)
- Iran halts oil sales to UK, France on eve of talks (Category: Business)
- Brent steady at $100 on stimulus hopes, supply threats (Category: Business)
- Iran unveils new missile, other weapons (Category: Business)
Justice and fair-play is paramount Justice and fair-play are of paramount importance to all members of the world family consisting of 193 nations expecting justice and fair-play equally. It is the principle on which the United Nations was established in place of the less-effective League of Nations, in order to settle differences among nations based ...
- Transparency and equality in human rights arena (Category: Business)
- Towards ‘Wonder of Asia’ with regional and world peace (Category: Business)
- MIGHT OF POWERFUL NATIONS CANNOT PREVAIL AGAINST JUSTICE AND FAIR PLAY – PRESIDENT AT UN SESSIONS (Category: Breaking News)
Industry expects modest growth but no boom expectationsby Cheranka Mendis The tourism industry is looking at a 10-15% increase during the coming winter season although there will be no sell-out as earlier expected, according to industry experts. The season, which usually amounts to the highest number of arrivals each year, was initially expected to bring ...
- Profit Gap (Category: Business)
- Facelift for two Colombo Fort Hotels’ properties (Category: Business)
- Rubber optimism intact (Category: Business)
This is a headline article of Khaleej Times – one of the most prominent and leading newspapers in the United Arab Emirates. According to the news item 350milion population in the Arab World is in need of 160,000 doctors. In the UAE out of the population 80% are expatriates mainly from South Asia. The ...
- Chaos in universities: A solution? (Category: Business)
- State provision for healthcare insufficient (Category: Business)
- Gota urges educated youth to take country forward (Category: Business)
Reuters: England piled more misery on India with a thrilling six-wicket victory in a one-off Twenty20 match at Old Trafford on Wednesday. After losing the test series 4-0, India started brightly in the shortest version of the game and racked up 165 all out, only to see England reach their target with three balls to ...
- Muammar Gaddafi dead of wounds following capture - Reuters (Category: Breaking News)
- “Zero hour” for Gaddafi as besieged Tripoli rises up (Category: Business)
- Gaddafi son rallies loyalists for Tripoli fightback (Category: Business)
- Gaddafi lessons for brand building (Category: Business)
It’s strange how the innovations of the world tend to wrap around our daily life. One of them is the brand Facebook. I have been trying to locate a friend of mine for the last 12 years and failed, until I used a modern IT application like FB and today I realise the power of ...
- London: World’s first social media Olympics (Category: Business)
- Has the bubble burst? (Category: Business)
- The brand IPL is about highlighting performance (Category: Business)
- Treasures of Sri Lanka, the ethical way (Category: Business)
By Marianne David Warm, welcoming and exuding good cheer, the Cinnamon Lakeside’s newest General Manager Denis Gruhier perfectly fits into the best qualities the hospitable hotel is well-known for and his affirmation of Sri Lanka’s optimistic post-war outlook for tourism in particular and the country in general is welcoming news indeed. Having joined the Lakeside ...
- New GM takes over at Cinnamon Lakeside Colombo (Category: Business)
- Cinnamon Lakeside perfects staying on top (Category: Business)
- Cinnamon Lakeside rated ‘Best Luxury Hotel in Sri Lanka’ (Category: Business)
- Cinnamon Lakeside to launch first-ever floating restaurant (Category: Business)
Combined publicity programme The Government’s plan to formulate a combined publicity programme to build a unified brand for Sri Lanka tourism is well timed and one of the brilliant steps taken in the right direction. It is noted that the project is to be named Tourism Promotion Programme (TPP). Currently Sri Lanka is at the ...
- Minister Basil Rajapaksa introduces special plans for tourism promotion (Category: Breaking News)
- New programme to promote the Traditional New Year globally (Category: Breaking News)
- Lankan Embassy in Seoul woos Korean tourists (Category: Business)
- Boost in the Tourism sector will help offset other revenue losses (Category: Breaking News)
Colombo: Sri Lanka has signed a contract to purchase 14 Mi-171 helicopters from Rosoboronexport State Corporation, a state-owned arms enterprise under a Russian credit deal, Russia’s state news agency Itar-Tass reported. ITAR-TASS said it has learnt that from a press service of the enterprise
- SL buys 14 military helicopters (Category: Breaking News)
- War is over but buying helicopters is not over: 14 more to be purchased at once ! (Category: Breaking News)
- Sri Lanka to get 14 Mi-171 helicopters from Russia (Category: Breaking News)
- SL to purchase 14 Mi-17 helicopters (Category: Breaking News)
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