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President Mahinda Rajapaksa left for Tehran yesterday to attend the 16th Summit of Heads of State or Governments of the Non-Aligned Movement (NAM). The President is scheduled to address the Non-Aligned Movement Summit on 30 August and hold several bilateral meetings with leaders of various countries on the sideline of the summit during the course ...
24th August 2012 Dr. P. B. Jayasundera, Secretary to the Treasury, Ministry of Finance & Planning The Secretariat, Colombo 1. Dear Dr. Jayasundera, Establishment of a Financial Services Authority and a Banking and Finance Commission I suggest for your consideration that you duly evaluate the long-term national economic benefits of enhancing effective fiscal management capability ...
The Sri Lanka Institute of Marketing (SLIM) together with the Bucks University featured the 2012 award winners from Singapore of global business associations and chief marketing officers under the theme ‘Is The Party Over?’ at Galadari Hotel, where a select audience of 200 business and marketers attended the event. Some of the key points discussed ...
Braille ballot papers in Australia News from Australia confirms that not everyone will cast votes the traditional way on 8 September. Those who are blind or with low vision can now register for Braille ballot papers for local government elections. Returned papers will be transcribed and added to the rest. This facility will be extended, ...
HURLING Sri Lanka’s education system into further chaos, the teacher trade union has called for the Grade 5 Scholarship exam to be held again under allegations that the exam papers have leaked out. As the crisis in the education system continues to deepen to reach the tots of Grade 5, there is a need to ...
A historic battle took place in the Kande Uda Rata Rajadhaniya, in the course of one of the many invasions by the Western colonial powers who once occupied what was known as the Maritime Provinces of Lanka, at the site of the ford at Wagolla village, a crossing point of the Mahaweli river on one ...
Given first half performance, believes several 2012 Roadmap targets will be missed UNP MP and its chief spokesman on the economy Dr. Harsha de Silva yesterday claimed that most of the Central Bank’s 2012 Roadmap targets were likely to be missed, based on below par performance on the external trade front during the first half. ...
Steps taken by the Government to build peace, national development and reconciliation among people were praiseworthy said Japan’s Special Envoy Yasushi Akashi. Japanese Special Envoy Yasushi Akashi met President Mahinda Rajapaksa last Saturday morning at the Temple Trees – Pic by Sudath Silva He made this observation at a meeting with President Mahinda Rajapaksa at ...
By Shanuka Tissera Leading bankers were given the opportunity to discuss the method of approvals of OPIC funding and political risk insurance, facilitated by the International Executive Service Corps (IESC) and the American Chamber of Commerce Sri Lanka (AMCHAM) for US equity sponsored projects. The keynote address was delivered by the Governor of the Central ...
Leaders of Sri Lanka and Maldives agree to extend and strengthen bilateral cooperation on a wide range of issues when they met for discussions on Thursday. President of Maldives Dr. Mohamed Waheed Hassan Manik accompanied by First Lady Ilham Hussain arrived in Sri Lanka on Thursday on a two-day official visit. His Sri Lankan counterpart ...
Parliamentary select committee is the best way to find a political solution to the national problem of Sri Lanka. Such a committee will represent by the Government and opposition parties with the people’s mandate and recommendation of such a committee will be acceptable to all communities in Sri Lanka. The TNA insists that the Government ...
An exhibition curated by Sanjana Hattotuwa Can art engage those otherwise uninterested in vital social and political issues by creatively depicting hard data and theory? How would power-sharing look through an architect’s eyes? How would a graphic designer see youth unemployment? How would a DJ and visual artist see Sinhala and Tamil perceptions on ...
Good governance activist and former Ceylon Chamber of Commerce Chairman Chandra Jayaratne has called for an Ethics Guide for Public Service. This suggestion has been shared with several professional organisations such as the Organisation of Professional Associations, Sri Lanka Economic Association, the Institute of Chartered Accountants of Sri Lanka, Ceylon Chamber of Commerce, and Bankers ...
UNP MP Karu Jayasuriya yesterday warned that the country was heading for ruin by the failure of the Government to address a host of burning public and economic issues. “The path of the government is obvious. If the Government does not get on to the right path, even at this stage, the country will be ...
Industry and Commerce Minister Rishad Bathiudeen is seeking the services of Inter Parliamentary Union (IPU) to send a mission to observe judicial proceedings instituted against him in Sri Lanka. Bathiudeen has written to IPU and had noted that that the upcoming proceedings in Colombo and Mannar could take place in a hostile environment created by ...
CIMA Sri Lanka will hold a half day workshop titled ‘Crisis: mitigate or manage’ by Amar Naseer, Legal Director and Company Secretary at Unilever Pakistan on 28 August from 2p.m. to 5p.m. at the CIMA auditorium. Naseer has Over 20 years of experience in the area of law, systems development, finance, taxation and corporate affairs ...
Indo-Lanka relations Indo-Lanka relations have been cordial ever since the two countries gained independence. The most notable act of magnanimity on the part of India was to cede the Island of Katchchathivu to Sri Lanka through an agreement between the two countries. Relations have intermittently been strained due to domestic ethnic issue having had a ...
The Sri Lanka Institute of Marketing together with Bucks University will be presenting a sell-out evening meeting at the Galadari Hotel themed ‘Is the Party Over’? The event will feature the 2012 winners of the Association of Businesses and Chief Marketing officers (CMO) Congress in Singapore that brought honour to Sri Lanka in the fields ...
The Finance Houses Association (FHA) has launched a Code of Ethics for registered finance companies for the benefit of all stakeholders of the industry. FHA said the new Code of Ethics would be a guideline for business operations of member finance companies in terms of customer services, confidentiality of information, legal obligations, employee recruitment, competitive ...
UNP MP Dr. Harsha de Silva on Tuesday identified Sri Lanka as a country sans law and order elaborating on the recent SEC debacle. “Within a period of one year two chairmen resigned at SEC. One happens to be the wife of the President’s Secretary Lalith Weerathunga. These past chairmen have found it difficult to ...
With apologies to Francis Bacon whose quote is misquoted but not in essence of what he meant. Bacon’s comment that “reading maketh a full man, conference a ready man, and writing an exact man” is to be seriously looked at today in education and in practice where we appear to falter at every step of ...
Representative of the Government of Japan for Peace-Building, Rehabilitation and Reconstruction in Sri Lanka Yasushi Akashi yesterday called on the External Affairs Minister Prof. G. L. Peiris and held discussions on the post-war developments in the country. Akashi, who is on a six-day official visit to Sri Lanka, met Prof. Peiris at the Ministry today ...
Recognises Sugathadasa and Karunaratne as people of integrity; says didn’t call for their resignations but faults the regulatory system and officers within Disassociates with investor mafia if such exists; admits receipt of five letters of inquiry from SEC Says his presentation at President’s Forum was on behalf of like-minded investors Reiterates over-regulation and fear psychosis ...
What is sales management? Sales management is a business discipline which is focused on the practical application of sales techniques and the management of a firm’s sales operations. It is an important business function as net sales through the sale of products and services and resulting profit drive most commercial business. These are also typically ...
Reuters: The Central Bank believes the rupee can strengthen to around 125 per US Dollar due to high foreign inflows into the economy, the Head of the country’s monetary authority said of Monday. Since April, the Central Bank and Finance Ministry have repeatedly said the rupee should stabilise at around 125 per dollar, given the ...
By Shanuka Tissera A year to date, since the last annual general meeting of The Planters’ Association of Ceylon, there have been some turbulent changes in the tea, rubber and coconut industries due to the crisis in the Middle-East and EU. The 158th AGM of The Planters’ Association of Ceylon took place on 17 August ...
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 ...
As long Sri Lanka exports tea as a commodity, the local industry will continue to battle for survival, former Planters' Association of Ceylon Chairman Mahendra Amarasuriya said recently.
The 12th Annual Conference of The Chartered Institute of Marketing (CIM), Sri Lanka Region ended in grand success, helping Sri Lankan marketers to prepare their best defence to face challenging times. The conference was inaugurated by Attorney General Palitha Fernando on Monday 13 August while the technical sessions were held on Tuesday 14 August 2012 ...
IN a challenging economic environment, tourism is Sri Lanka’s lifeline to development. However, increasing political tensions, crime rates and stand-offish Government policy is threatening to choke this much-needed revenue. Sri Lanka has decided to challenge a British Government travel advisory warning Britons over an upsurge of nationalism, sexual offences and anti-Western rhetoric i...