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SEC to set strategic plan to curb manipulation Target of doubling foreign stake in market to 30% Past efforts to curb price-manipulation were stymied REUTERS: Sri Lanka’s once-buoyant, now-ailing stock market needs integrity and greater participation by foreigners to grow well, the new director-general of the country’s exchange regulator said. Hareendra Dissabandara, who has a ...
- SEC won’t bow to pressures on probes: Chairperson (Category: Business)
- SEC considers 10% minimum float rule (Category: Business)
- CB gives fresh boost to CSE (Category: Business)
- Shares at 22-month low on SEC rule, economic woes (Category: Business)
NEW DELHI (AFP): Jealousy could be the reason for negative attitudes in England towards the cash-rich Indian Premier League (IPL), England batting star Kevin Pietersen has said. The Twenty20 IPL was an instant hit when it began in 2008 as a mix of glamour, entertainment and international stars playing short-form cricket, but it has attracted ...
- ICC rules out window for IPL (Category: Business)
- 2009 IPL auction was rigged, claims Lalit Modi (Category: Business)
- Johnson set to return with England stint (Category: Business)
- Mathews ready to bowl in IPL (Category: Business)
Irresistible and on-par with international cola brands, My Cola takes one more innovative step to level the competition of glass cola bottle marketers. With global warming bringing in tsunamis and as more natural red lights pop up worldwide, the company not only takes the cue to be more environmentally-friendly, but also sees the potential advantages ...
- US ambassador visits Coca-Cola plant in Biyagama (Category: Business)
- Water Wars (Category: Business)
- Coca-Cola and McDonalds launch London Olympics 2012 memorabilia (Category: Business)
- Coca-Cola enriches Kattankudy with sustainability project (Category: Business)
PETS 2012 confab highlights ‘Peace through Service’The Presidents-elect Training Seminar 2012 aboard the cruise liner Superstar Virgo was held in Singapore recently. The event, which took place in March brought together a number of noted Rotarians and resource persons under the banner ‘Peace through Service’, which is the theme for Rotary International this year. Convened ...
- Rotabats recognises public servants (Category: Business)
- Rotary group study exchange programme to Osaka (Category: Business)
- Pradeep Amirthanayagam Installed As Golden Jubilee President, Rotary Colombo West (Category: Breaking News)
Singaporean bakery boutique franchise BreadTalk opens in Sri Lanka By Cheranka Mendis Singapore boutique bakery chain, BreadTalk yesterday launched its service in Sri Lanka with an investment of Rs. 400 million, opening the largest boutique bakery in its international portfolio. At the opening of BreadTalk outlet in Sri Lanka with chefs from left Director ...
- BreadTalk opens second outlet (Category: Business)
- High-Five for Hyatt? (Category: Business)
- Breadtalk confirms rumours of second outlet (Category: Business)
- Professorial Points? (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)
The National Award Ceremony of the Toyota Dream Car Contest, the first ever international art competition held in Sri Lanka organised by Toyota Lanka (Private) Limited concluded, followed by a colourful ceremony held on 27 February under the patronage of Toyota Lanka (Pvt) Ltd Managing Director Yoshiaki Kato and Secretary to the Ministry of National ...
- Toyota Lanka holds dream car art contest workshop for Settikulam IDP camp children (Category: Business)
- Pole Position (Category: Business)
- Toyota Lanka holds its 5th Dealer Convention (Category: Breaking News)
- Toyota Lanka sponsors Rs. 3.5 million luxury car for 2nd place in "Ranaviru Real Star" (Category: Breaking News)
The Rupert Murdoch-owned Star group has won the BCCI media rights for the next six years, board president N Srinivasan announced yesterday. The winning bid was Rs 3851 crore and covers the BCCI’s broadcast and Internet rights for the period July 2012-March 2018, Srinivasan said at a press conference in Chennai. “The Star group will ...
- India’s spices exports up 43% in April-Nov 2011 (Category: Business)
- Four of top-10 firms add Rs 2.31 lakh cr in m-cap; Reliance lead gainer (Category: Breaking News)
- Salman Khans Ready partly shot in Sri Lanka becomes second biggest opener (Category: Breaking News)
- Rs.20 crore cash of LTTE recovered in Vavuniya (Category: Breaking News)
Mt. Lavinia Hotel (MLH) on 1 April will present its 6th Winemakers Dinner with Paul Boulden Chief Winemaker of the Sandalford Winery in Margaret River, Western Australia. “Our philosophy on winemakers dinners is elegant dining, top quality grape and minimal interference in pairing the perfect wine with fine food. The result is truly outstanding and ...
- MLH presents sixth Winemakers Dinner (Category: Business)
- Renowned Cavalli beverage fused with Winemakers’ Dinner at MLH (Category: Business)
- South African wine makers dinner at MLH (Category: Business)
- Exploring Chilean Wines At The Winemaker’s Night at MLH (Category: Breaking News)
Travel and tourism is set for a milestone year as the industry’s direct contribution to the global economy is expected to pass $2 trillion in GDP and 100 million jobs. According to research by the World Travel and Tourism Council (WTTC), the global travel and tourism industry will grow by 2.8% in 2012, marginally faster ...
- 415 m tourists expected worldwide during May-August peak season (Category: Business)
- UNWTO and WTTC call on the G20 to use tourism’s potential for job creation (Category: Business)
- Raising the bar: The rise of the Sri Lankan economy (Category: Business)
NDB‘s contribution to infrastructure development has been substantial during the last three decades. Having garnered the experience and expertise to cater towards the development process in Sri Lanka, NDB continues to focus on this vital component providing the necessary support that will help towards economic development in the country. NDB CEO Russell de Mel says, ...
- DFCC: Changing the sustainable energy landscape in Sri Lanka (Category: Business)
- DEG provides $ 21 m loan to NDB Bank to strengthen SME sector (Category: Business)
- Nestlé Lanka crowned as ‘Best Corporate Citizen’ (Category: Business)
- Sri Lanka’s energy sector at risk: Calls for diversification amidst Chinese investments (Category: Breaking News)
Titan Fleet Management, France a specialist yacht management company places confidence in Colombo for their repair requirements on super luxury yacht Lauren L. This seven star category 90 meter long yacht called in for repairs on 1 February. The luxury yacht called in for her 10 year class survey repairs coupled with hull surface preparation ...
- Dockyard completes Norwegian BOS Angler’s dry-dock repair (Category: Business)
- Quick job for UK owned container carrier’s Kota Halus repairs at Dockyard (Category: Business)
- MV Brilliant dry docking repairs completed in Colombo (Category: Business)
Sydney (AFP): Former Australia captain Ricky Ponting Friday rejected the chance to play county cricket this year as he bids to play one last Ashes series in England in 2013. The 37-year-old had been linked with English side Somerset but his manager James Henderson denied the reports via his Twitter account. Instead, Ponting plans to ...
- Sacking Ponting was ‘tough’, says Clarke (Category: Business)
- Ponting retires from ODI cricket (Category: Breaking News)
- Clock ticking for Ponting, says Australia coach Arthur (Category: Business)
- Ponting set for Bellerive Test bonanza (Category: Breaking News)
The important role Life insurance can play in a modern economy was emphasised by a top international economist when life insurance leader Ceylinco Life recently honoured 250 top achievers who contributed to the company’s stellar growth in 2011. Addressing the 23rd Ceylinco Life Achiever’s Night, Dr. Koshy Mathai, the IMF Resident Representative for Sri Lanka ...
- Ceylinco Life opens second Kurunegala branch in own building (Category: Business)
- Ceylinco Life builds its own distinctive branch in Jaffna (Category: Business)
- Ceylinco Life invests in own building to serve Gampaha (Category: Business)
- Ceylinco Insurance announces 65% dividend (Category: Business)
Reuters: Swedish auto brand Volvo has hired New York Knicks star Jeremy Lin, who has electrified basketball fans around the world, to help sell its luxury cars in China and the United States. Lin signed a two-year contract to appear in advertisements and act as a brand ambassador for Volvo, owned by China’s Geely, parent ...
- Volvo cars says order books solid : CEO in paper (Category: Business)
- Most Americans not open to buying cars from India, China: Study (Category: Business)
- China’s Chery JV takes aim at Europe’s high-end car market (Category: Business)
By Cheranka Mendis Dubai’s low cost airline, flydubai yesterday announced the increase of frequencies to Sri Lanka, going from five to seven weekly flights since 11 March following a surge in passenger numbers. flydubai CEO Ghaith Al Ghaith noted that with the changes in flight timing by moving on from four flights a week during ...
- flydubai to operate flights to Mattala (Category: Breaking News)
- Flydubai flights to Sri Lanka (Category: Breaking News)
- Flydubai to come to SL from next month (Category: Breaking News)
- Flydubai eyes new orders as it nears breakeven (Category: Business)
Reuters: Lionel Messi, a scrawny kid turned away by River Plate in 2000 despite being described by one of the club’s youth coaches as a mixture of Omar Sivori and Diego Maradona, set a Barcelona scoring record of 234 goals at the age of only 24 on Tuesday. Barca’s faith in their ability to groom ...
- Messi tastes rare failure at crucial moment for Barca (Category: Business)
- Messi breaks Mueller record with 68th goal (Category: Business)
- Acid test for world-class Ronaldo (Category: Business)
- The sky’s the limit for goal-machine Messi (Category: Business)
When one saw recent pictures of a fit and energetic Chief Executive of Sri Lanka Inc. dashing downfield with a football, for a moment many would have wondered if football in Sri Lanka had indeed found a new sponsor, the State itself! But with the Minister of Sports watching intently, we were soon to realise ...
- Mobitel supports Civil Defence Force ‘Nandimithra’ Football Team (Category: Business)
- Samaposha Fuels Under 13 Schools’ Football (Category: Breaking News)
- Focuss Appointed Official Casual And Formal Wear Provider For Sri Lanka Rugby (Category: Breaking News)
MLH proudly presents their 6th Winemakers Dinner with Paul Boulden Chief Winemaker of the Sandalford Winery in Margaret River, Western Australia, on 1st April 2012 at the Maitland State Room. “Our philosophy on winemakers dinners is elegant dining, top quality grape and minimal interference in pairing the perfect wine with fine food. The result is ...
- Wines from the Sandalford Winery at MLH (Category: Business)
- Renowned Cavalli beverage fused with Winemakers’ Dinner at MLH (Category: Business)
- South African wine makers dinner at MLH (Category: Business)
- Le Beaujolais Nouveau Est arrives at MLH (Category: Business)
Parliamentarian Namal Rajapaksa was an invitee panellist at the prestigious India Today Conclave 2012 held in New Delhi from 16-17 March 2012. The India Today Conclave, which is held annually, has seen the participation of leading Indian and international personalities such as Shah Rukh Khan, Mohamed El Baradei, Sarah Palin, Dominique De Villepin, Union Minister ...
- 4th SAARC Business Leaders Conclave in Kathmandu concludes (Category: Business)
- “Develop sufficient spaces within economies to face complexities” (Category: Business)
- More and better jobs: Policy prescription for South Asia (Category: Business)
- World economic power shifting back to Asia from the West (Category: Breaking News)
Continuous foreign buying in to select listed companies saw the year to date net inflow top the Rs. 20 billion mark by yesterday. The Colombo stock market began a fresh week with year to date net inflowing being at Rs. 17.7 billion and a further Rs. 2.5 billion was added bringing the total to Rs. ...
- Govt. Debt Up Rs. 465 Bn. (Category: Breaking News)
- Debt: 89% Of GDP (Category: Breaking News)
- Net foreign inflow tops Rs. 29 b mark (Category: Business)
- Foreign inflows at CSE top Rs. 23 b (Category: Business)
General Khalid Shameem Wynne, NI (M), Chairman Joint Chiefs of Staff Committee Pakistan, is visiting Sri Lanka from 18-22 March on the invitation of Sri Lankan Chief of Defence Staff Air Chief Marshal W.D.R.M.J. Goonetileke. Wynne was commissioned in April 1972 in an infantry battalion. He is a graduate of Staff Course from Germany. He ...
- Chairman of Pakistan’s Joint Chiefs of Staff here on 5-day visit (Category: Breaking News)
- Pakistan's Chairman Joint Chiefs of Staff Committee to arrive in Sri Lanka tomorrow (Category: Breaking News)
- Pakistan President calls for stronger ties with Sri Lanka (Category: Business)
- Commander of Sri Lanka Navy visiting Pakistan (Category: Business)
New permanent housing for war-displaced in northern Sri LankaKILINOCHCHI (IRIN): India’s Government is set to undertake a multimillion dollar reconstruction of 49,000 houses for Internally Displaced People (IDPs) in former war zones in northern and eastern Sri Lanka, which almost doubles the number of homes under construction or completed for returnees. Indian and Sri Lankan ...
- SRI LANKA: Indian boost for IDP housing (Category: Breaking News)
- Financial assistance from ADB and Japan to restore livelihoods of Sri Lanka's conflict affected ... (Category: Breaking News)
- Govt. wants six months to complete resettlement (Category: Business)
- United States offers 2.25 million dollars aid to Sri Lanka IDPs (Category: Breaking News)
Park Street Mews is Colombo’s fashionista of venues. Three upmarket highly talked about event venues are located next door to each other on one street. Warehouse D, The Stables and The Street have purpose built interiors and fabulous exteriors ready to be transformed into ideal spaces of your desire, to suit any occasion. Warehouse D ...
- A celebration of Whitney Houston (Category: Business)
- Standard Chartered Bank presents Musicmatters Colombo Festival 2012 (Category: Business)
- Colombo welcomes the music of the world (Category: Business)
- Mediterranean flavours at Park Street Mews (Category: Business)
Godrej, one of India’s largest and most respected conglomerates with businesses spanning industrial engineering, appliances, FMCGs, furniture, security solutions, agri-care and real estate, and a pioneer, innovator and key player in refrigerator manufacture, launched its hi-tech, and stylishly designed range of refrigerators in several models and colours under the Godrej EON brand. Their par...
- Singer launches eco thermo pot in Sri Lanka (Category: Business)
- Singer Mega showcases Mega kid art exhibition at National Art Gallery (Category: Business)
- Singer unveils Korean tech-backed side-by-side refrigerators (Category: Business)
- Singer Mega Wattala now bigger and better (Category: Business)
The MBA Alumni Association of the University of Colombo presents the Management Conference 2012, themed ‘Beyond Traditional Boundaries,’ which promises to bring together a diverse group of individuals, each of whom has dared to go beyond conventional limits and as a result, excelled in their respective fields. The conference will be held today at the ...
Outlines OZO Colombo plans to provide a 4-star product at a 3-star priceQ: As a veteran and experienced hotelier as well as a prominent personality in the tourism sector, what are your thoughts on the hotel industry in Sri Lanka and what needs to be done? A: These are exciting times with great opportunities for ...
- ‘OZO’ to be newest brand in Sri Lankan hospitality (Category: Business)
- Sri Lanka’s new hotel projects (Category: Breaking News)
Ajantha Perera takes the position of Director of Sales and Marketing at Cinnamon Lakeside Colombo of the John Keells Hotels Group. Cinnamon Lakeside Colombo is currently ranked the Best Five Star City Hotel by Sri Lanka Tourism. Perera joins the hotel with a wealth of experience spanning approximately fifteen years in the hospitality industry. His ...
- New GM takes over at Cinnamon Lakeside Colombo (Category: Business)
- Ronald new Front Office Manager at Cinnamon Lakeside (Category: Business)
- Cinnamon Lakeside first Green Globe re-certified Sri Lankan hotel (Category: Business)
- Overwhelming response to IBM FORUM event hosted in Colombo (Category: Breaking News)
Hong Kong: Nafi Tuitavake has been included in a strong HSBC Penguins squad for next week’s GFI HKFC Tens in Hong Kong, where he could come up against his elder brother Anthony, the tough-tackling former All Black. The 16-team tournament will be held at Hong Kong Football Club from March 21-22. The younger Tuitavake, a ...
- New format for Hong Kong Sevens in March (Category: Business)
- HSBC sponsors Hong Kong National Rugby teams (Category: Business)
- Hong Kong beats China to win Shanghai 7s; Next stop Mumbai (Category: Business)
- Fiji wins HK Sevens 2012 (Category: Business)
A top line up of specialists will be the key attraction of the annual management conference organised by the Colombo University MBA Alumni Association on Friday 16 March from 8:30 a.m. to 4:30 p.m. at the Cinnamon Lakeside, Colombo. Defence Secretary Gotabaya Rajapaksa will be the Chief Guest at the conference titled ‘Beyond Traditional Boundaries,’ ...
- Colombo Uni. MBA Alumni gives its might to country development (Category: Business)
- Gota to share key strategies at Colombo Uni. MBA Alumni management conference (Category: Business)
- Management Conference 2012 kicks off today (Category: Business)
- Professional groups heed Dr. Godahewa’s call; volunteer to support tourism (Category: Business)
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