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NEWCASTLE, Australia, (Reuters): Greig Laidlaw kicked a penalty against a fierce wind two minutes after the siren to give Scotland a stunning 9-6 victory over Australia in atrocious weather on Tuesday. A match rendered almost a farce by gale-force winds and torrential rain looked destined to end in a draw until Scotland were awarded a ...
By Damien The Secretary to the treasury Dr. P.B Jayasundera recently made statement that the country is wasting the foreign currency on things that can be made in this country. I would like to add to this by stating that as a country we should have clear targets and policies that are aimed at both ...
Reuters: Revenues for England’s Premier League soccer clubs hit a record high in 2010/11, but the players are taking an ever greater share of those riches, the annual Deloitte review of football finance said on Thursday. The ratio of Premier League wages to revenues has risen to 70 percent, raising questions about the ability of ...
Seven young prominent marketing communications professionals from Sri Lanka’s advertising and marketing industries were selected to represent the country at the annual Young Lions Competitions and the Roger Hatchuel Academy in Cannes, France next month after having successfully completed the Sri Lankan Cannes Young Lions Competition. The local competition to select the contenders was organis...
The scandal-prone Indian Premier League (IPL) remains cricket’s most divisive tournament, but some thrilling action in front of packed houses has put immediate doubts over its future to rest. When the gawdy Twenty20 event’s fifth edition started last month, flagging crowds and signs of “cricket fatigue” among India’s public, together with a welter of poor ...
With Irish golfers flying high at the top of the golfing world, Emirates has announced its first sponsorship in Ireland by becoming the Official Airline of the Irish Open. The 2012 Irish Open, which takes place in the spectacular surrounds of the Royal Portrush Golf Club, from 28th June – 1st July, is one of ...
CHENNAI (TrustLaw): Indian villager Jaya places the bright pink, sequined, moulded C-cupped designer bra under the needle of her sewing machine and carefully stitches the seams together. The padded “Very Sexy” push-up bra which 22-year-old Jaya sews is for American lingerie retailer Victoria’s Secret – designed to give a “boost” to buyers in hundreds of ...
Reuters: An unmanned rocket owned by privately held Space Exploration Technologies blasted off from Cape Canaveral Air Force Station on Tuesday for a mission designed to be the first commercial flight to the International Space Station. The 178-foot (54-meter) tall Falcon 9 rocket lifted off at 3:44 a.m. (0744 GMT) from a refurbished launch pad ...
Man United have put in a solid premier league performance this season, narrowly missing out on their 20th title after a nail-biting end to the season. Income from TV rights, gate receipts and merchandise all remain strong, providing broad revenue base that spreads risk better than most clubs. Man United has huge and long-standing international ...
Firstsource Dialog Solutions, the joint venture between Firstsource Solutions and Sri Lanka based Dialog Telecom Axiata PLC yesterday announced that it has significantly grown it’s Sri Lankan business since inception in May 2011. Firstsource Dialog Solutions (FDS), a joint venture between Firstsource and Sri Lanka’s Dialog Axiata (FDS) contributed significantly to Firstsource’s A...
Kings XI Punjab acting captain David Hussey on Wednesday defended his team’s integrity after two players from his side were suspended amid allegations of corruption in the Indian Premier League. Kings XI Punjab batsman David Hussey (L) celebrates his half century (50 Runs) in the IPL Twenty20 match against Deccan Chargers in Mohali on May ...
Reuters: Five uncapped Indian cricketers have been provisionally suspended following allegations of corruption in the lucrative Indian Premier League (IPL), the Board of Control for Cricket in India (BCCI) said on Tuesday. The BCCI has also ordered a probe into the accusations, made by a local television channel. “The president BCCI has immediately appointed Ravi ...
Rs. 1.4 b forex drags bottom line down by 72% to Rs. 365 m Sri Lanka Telecom (SLT), the leading national integrated telecommunications service provider, said yesterday it continued its financial trajectory, complemented with pragmatic operational initiatives, to deliver Q1 2012 results with a growth of 9% in revenue and 14% in operating profit. The ...
Reuters: The Board of Control for Cricket in India (BCCI) will probe allegations of corruption in the lucrative Indian Premier League following allegations made by a local television channel. Footage from India TV appeared to show an IPL player negotiating a fee for bowling a no-ball, while another said he received under-the-table payments above his ...
Oman Air, the national carrier of the Sultanate of Oman, was awarded ‘Best Business Class Airline, Middle East’ at the prestigious Business Destinations Travel Awards 2012. The Business Destinations Travel Awards are voted for by readers of Business Destinations magazine, which is published in the UK every other month. The magazine has a worldwide ...
An internship with MAS Holdings, Deutsche Bank and DialogCorporate heavyweights MAS Holdings, Deutsche Bank and Dialog Axiata PLC are in search of the next batch of exceptional interns to join their annual Summer Internship Program, commencing July 2012. This joint initiative is rated one of the best internship programs in the island and has been ...
Posts Rs. 2.1 b non-cash forex loss from rupee devaluation Dialog Axiata PLC yesterday announced its consolidated financial results for the three months ending in March. Financial results included those of Dialog Axiata PLC and of the Dialog Axiata Group post-consolidation with subsidiaries Dialog Broadband Networks (Pvt) Ltd. (DBN) and Dialog Television (Pvt) Ltd. (DTV). ...
Thailand-based Onyx Hospitality Group has been appointed by Gulf Trading and Contracting Company (GTC) to operate a 120-room hotel in the Qatari capital, Doha. Onyx president and chief executive officer, Peter Henley This is Onyx’s first step for expansion in the Middle East for the Amari brand. The property is scheduled to open in September ...
Sneaking social profiles of a potential employee: Good or bad?By Ranjan De Silva and Thanzyl M. Thajudeen Overview Employees dream of the right job for them; employers dream of the right people to join them, the search has gone on forever, have we got the answer with networking? Do we really know what’s cooking on ...
NEW YORK: Warren Buffett, the billionaire chairman of Berkshire Hathaway, said he’s pursuing more opportunities in Asia after boosting reinsurance sales and expanding the Iscar Metalworking Cos. unit on the continent. “Korea, Japan and you name it,” Buffett, 81, said May 5 at Omaha, Nebraska-based Berkshire’s annual meeting. Buffett visited South Korea, Japan and India ...
Vista Advertising and Business Consultants (Pvt) Ltd was given a special recognition award for its outstanding contribution, to build technology giant Hewlett-Packard’s Personal Systems Group brand in the Sri Lankan market. Over 20 years of growing brands gives Vista Advertising a unique edge in providing a whole array of services to clients. Vista’s innovative style ...
n The Scholar who has refused to changeHumanistic approach Dr. Gunadasa Amarasekera, scholar, writer, poet, novelist, social activist and many more, in a special contribution to Professor Buddhadasa Hewavitharana Felicitation Volume Two released last month, has tried to analyse the most recent history of Sri Lanka in the context of the onset of the process ...
Former Pakistan paceman Mohammad Asif was released from a British prison on Thursday after completing half of his one-year sentence for spot-fixing, his lawyers said. Asif, 29, was jailed in November after he was found guilty of conspiring to cheat and conspiring to accept corrupt payments over deliberate no-balls bowled during the Lord’s Test against ...
By Patricia A. Butenis The 20th century American politician Thomas “Tip” O’Neill once famously said that “all politics is local”. That was often true of the news in the last century as well. With the advent of so many technological changes, however, the truism for information in the 21st century has become “all news is ...
Reuters: Winning the title in four major European nations might never be repeated and the fact Real Madrid boss Jose Mourinho has overcome the great Barcelona to achieve the feat makes his success even more remarkable. Real, who have smashed the La Liga scoring record, clinched their 32nd league crown and their first in four ...
The need for an integrated program on a war footingIn 2008, eight prizewinning economists were asked to list the type of projects which would do the most good for the most number of poor people, if they had an imaginary $ 75 million to spend. Half of their proposed projects involved nutrition. There has been ...
Minister of Economic Development Basil Rajpaksa declared open the newly built Green Paradise Agro Eco Hotel in Dambulla on 29 April. Total investment for Green Paradise Agro Eco Hotel is Rs. 1,200 million. The Green Paradise Resort is located in Dambulla, in the central province of Sri Lanka. Nestled in the jungles of the cultural triangle, the re...
Reuters: Barcelona kept Real Madrid’s La Liga title celebrations on hold for a few days at least with a crushing 7-0 victory at Rayo Vallecano on Sunday after Real had cruised to a 3-0 home win over Sevilla. Two days after Pep Guardiola announced his decision to step down as Barca coach at the end ...
Reuters: LG Electronics will steal a march on its rivals by bringing forward the launch of a 55-inch flat TV using next-generation technology, raising the stakes in a cut-throat battle for the living room between Asia’s top tech powerhouses. The South Korean firm will introduce its organic light emitting display (OLED) TV in several European ...
Reuters: While most attention in the gadget world is on the breakneck pace of innovation in mobile phones, tablets and computers, another device has resolutely refused to die: the camera. Despite the onslaught of camera phones – the iPhone 4 has this year become the most popular device for posting snaps to the photo-sharing website ...