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Hope shone brightly in the faces of the youth gathered in the Ballroom of Jetwing Blue, as well as within the parents accompanying their children. The stage was set for the inauguration for the fifth Jetwing Youth Development Project (JYDP), this time catering to 37 individuals. The ceremony began according to tradition; with the National ...
- Jetwing Sea honours with PATA Gold award (Category: Business)
- New youth centre repalces 'hellhole' (Category: South Australia)
- The First Step (Category: Business)
Colombo Page: The Agriculture Ministry of Sri Lanka predicts a shortage of rice in country in the event of a failure of the Yala harvest due to the drought. A senior official at the Agriculture Ministry said that the rains have failed and the drought conditions in the agricultural
- Rice shortage predicted in Sri Lanka if Yala season harvest fails due to drought (Category: Breaking News)
- Relief to drought stricken farmers (Category: Breaking News)
- Govt. to provide diesel worth Rs. 17,000 per farmer for Maha season (Category: Breaking News)
- Green gram harvest in mid-season (Category: Business)
President of the UNCSD, Secretary General of the UN, excellencies, ladies and gentlemen, it is indeed a great pleasure for me to be here in Rio de Janeiro and to share my thoughts at this momentous event. The presence of so many Heads of State and Governments, Senior Ministers, Officials and thousands of members of ...
- Rio+20 and the developing world (Category: Business)
- President faults developed nations for environmental crisis (Category: Breaking News)
- Saving environment: not task of developing countries alone: President at Rio+20 (Category: Breaking News)
- World leaders gather at RIO for Sustainable Summit (Category: Breaking News)
A few weeks ago, based on a proposal made by the Minister for Environment, the Cabinet of Ministers agreed and informed the public that the legal requirement that permits to be obtained for the transport of sand during day as well as in the nights had been discontinued. The action was to reduce the burden ...
- The drought, Mahaveli waters and the farmer (Category: Business)
- No permit needed for sand mining - how constructive is that? (Category: Breaking News)
- Remedy worse than disease: Nilwala Ganga floods (Category: Breaking News)
- Project addresses silt, other pollution in Richland lake (Category: USA, South Carolina)
Given that Sri Lanka is to launch its IPL version later this year branded Sri Lanka Premier League (SLPL) and there is a trend globally for sports to be integrated to business, I thought of picking some insights that are emerging from the recently-concluded Indian Premier League (IPL). IPL A key pick up from the ...
- The brand IPL is about highlighting performance (Category: Business)
- Knowhow of purposeful use of mobile trend the need of the hour: ICTA CEO (Category: Business)
- Zigo partner with Cellcity to launch phone range in Sri Lanka (Category: Business)
- Tapping into mobile’s massive growth potential (Category: Business)
By Amantha Perera IRIN: Three years after conflict ended in northern Sri Lanka, many thousands of civilians remain separated from their ID cards and other official documents lost in the heat of battle and are consequently unable to access a range of essential Government services. From 2008 until the war was declared over in May ...
- Set-up claim over documents (Category: Australia, Tasmania )
- Cleaner guilty of leak thefts (Category: Australia, Tasmania )
- Spy cleaner vows to fight (Category: Australia, Tasmania )
- Opposition suspicious about election costings (Category: Australia, Victoria)
Whilst acknowledging progress, business tycoon Harry Jayawardena has renewed his call for a more enabling environment to boost private sector investments to a desired level, warning that rest of Asia was fast reaping benefits of such strategy. “The region offers many examples of how enabling environments have thrust their private sectors to the forefront of ...
- Diversified young conglomerate LOLC honoured with six accolades (Category: Business)
- LOLC Group bullish on regenerating north east (Category: Business)
- Govt. keen to support private sector: Cabraal (Category: Business)
Key insights to state of the economy and market and future prospects from NDB Stockbrokers’ latest Sri Lanka Equities report Uncertainty in the macro environment The robust economic growth and steep rise in global crude oil prices increased Sri Lanka’s import bill by 51% in 2011. As a result the trade deficit widened, putting the ...
- ‘Rupee Volatility – In Search of Equilibrium’ (Category: Business)
- Forex crisis: CB explains and assures (Category: Business)
- Economic growth to rebound in 2013: SCB (Category: Business)
- Raising the bar: The rise of the Sri Lankan economy (Category: Business)
The Royal Bank of Scotland Group’s Head of Rating Advisory Raymond Woo had recently called on Economic Development Minister Basil Rajapaksa. “Sri Lanka was able to control the impact of internal and external crisis successfully due to the efficiency of the political, economic and administrative management of President Mahinda Rajapaksa,” Minister had told Woo. Minister ...
- Minister suggests exporting Sri Lanka`s surplus rice and vegetables (Category: Breaking News)
- Minister suggests exporting Sri Lanka's surplus rice and vegetables (Category: Breaking News)
- Sri Lanka exporting maize is a people's victory - Minister (Category: Breaking News)
- Sri Lankan would face any challenge - minister (Category: Breaking News)
In mid February, the Ceylon Electricity Board (CEB) informed consumers of their intention to revise their electricity charges from the following month. The March electricity bill issued to the consumer by the meter-reader was based on previous rate. The April bill based on revised rates with the addition of fuel surcharge for March was sure ...
- More power cuts after China-built plant fails again (Category: Business)
- In the Chinese-built coal power plant of Norchcholai, there are more questions than answers. (Category: Breaking News)
- Chinese firm says coal plant failed after overuse (Category: Business)
- CEB is not a burden on national economy, says Power Minister (Category: Business)
Sri Lanka’s top policy administrator, Dr. P.B. Jayasundera, popularly known by the initials of his name PB, is reported to have proclaimed that Sri Lanka should stop altogether the importation of tea from abroad for blending purposes for it would tarnish the reputation which the country has earned for centuries as the best tea producer ...
- ‘Pure Ceylon Tea’ or ‘tea hub’? The billion dollar question (Category: Business)
- Ceylon Tea: To blend or not to blend? (Category: Business)
- Coca-Cola launches ‘Minute Maid Apple’ flavour (Category: Business)
- Hub is no hoodoo, says TEA (Category: Business)
It’s no secret that computer literacy is fast becoming a basic necessary skill in almost all of today’s industries. Not only is it a means to enhance the productivity within organisations, the seemingly limitless amount of information on the internet has literally left us with the world at our fingertips. Education itself is at a shift, now it’s ...
- AVIVA NDB donates building to Jaffna School (Category: Business)
- Govt. launches IT promotion in 6,500 rural schools (Category: Business)
- Education Ministry partners Microsoft to launch DreamSpark (Category: Business)
LONDON (Reuters): The Bank of England looks set to call a halt to its asset-buying program on Thursday, despite the economy having slipped into recession and renewed risks rising from the euro zone debt crisis, as UK inflation remains stubbornly high. Ending its program of quantitative easing, or QE, may make life more difficult for ...
- Rocky Road (Category: Business)
- Sri Lanka’s Central Bank raises rates to contain record high inflation (Category: Breaking News)
- Fiat Inflation (Category: Business)
- Inflation drops in July for the fifth consecutive month (Category: Breaking News)
In 2005, Filipino Rene Luis Godinez was suffering from advanced liver failure and didn’t have long to live if he didn’t get a new liver soon. After failed attempts by doctors back in his hometown to reverse Godinez’s liver failure problem, he came to Singapore to undergo liver transplantation at the Asian Centre for Liver ...
- First ever living donor liver transplant surgery successful (Category: Breaking News)
- Medical marijuana jeopardizes liver transplant (Category: USA, California)
- More facilities for liver transplant (Category: Breaking News)
CB asks banks overnight for their forex commitments for Thursday and Friday; steps up bank visits Convenes meeting with treasury heads of banks; rupee crisis figures in monthly CB-bank CEOs meeting as well Dealers say no room for speculation given the very narrow net open positions; new rules apart from lack of dollars could be ...
- Markets becalmed (Category: Business)
- Rupee sinks to record low (Category: Business)
- Rupee on a yo-yo! (Category: Business)
- An effective consumer lending proposition (Category: Business)
Chief Asanga Seneviratne says players who refuse to represent national team could face ban Insists paradigm shift taking place in rugby to put country on international map By Uditha Jayasinghe Sri Lanka Rugby Football Union (SLRFU) yesterday took a tough stand against those who refuse to play for the national team warning they could face ...
- A passion for Rugby in an unexpected place (Category: Business)
- Focuss appointed official casual wear provider for Sri Lanka Rugby (Category: Business)
- High number of foreign players for Caltex Sevens (Category: Business)
- Greening builds Sri Lankan legacy (Category: Business)
Commodity broker John Keells Plc said yesterday that the global production of black tea was heading towards a shortfall in the first half of 2012 due to the prevailing dry weather in major tea producing countries and this will help stabilise prices at remunerative levels. It said worst ever drought in fifteen years in North ...
- Drought drives up costs for tea sector (Category: Business)
- Rupee fall a mixed bag for tea industry (Category: Business)
- Tea test (Category: Business)
- Sri Lanka’s Low grown tea prices to reach record levels in the near future (Category: Breaking News)
Denying accusations that the Ceylon Electricity Board is a burden on the national economy, Minister of Power and Energy Champika Ranawaka points out its contribution towards the country’s development and claims the staggering loss of $ 42 billion predicted for 2012 was mainly due to the fuel price hike and rupee depreciation. Following are excerpts ...
- Electrifying losses (Category: Business)
- CEB GM Eng. Rohan Seneviratne steers electricity sector toward sustainable and renewable future (Category: Breaking News)
- CEB: Making losses or deliberate blunders? (Category: Business)
- Treasury defends fuel revisions (Category: Business)
With the recent relaxing of the rupee exchange rate and subsequent increase in fuel prices, trade unions and the opposition parties are conducting protest campaigns against the Government, demanding a reduction in oil prices and the cost of living. This article investigates the living conditions of citizens in the recent past and present, quality and ...
- Treasury Secy. showcases recent economic success and future outlook (Category: Business)
- The Economic Impact of Exchange Controls (Category: Business)
- Living with debts (Category: Business)
- Strategies on reducing or getting out of foreign debt (Category: Business)
In a document entitled ‘National Policy on Reconciliation: Working Document – Draft One,’ dated 12 March 2012, under the caption ‘The Strategy,’ in Paragraph B – ‘Political Participation and Administrative Accountability,’ the authors Prof. Rajiva Wijesinha and Salma Yusuf, have stated inter alia that: ‘The Constitution will be amended to provi...
- Posterior Liqueurs (Category: Business)
- Yogarajan and Kariapper release APRC Report independently without govt approval (Category: Breaking News)
- 1972: A Historic Opportunity Missed (Category: Breaking News)
- National planning: The need for consistency (Category: Business)
A spike in the cost of food staples like rice and wheat could push tens of millions more people into extreme poverty in South Asia, but food subsidies targeted at the very poorest in the region would help them cope with still-high prices, says a new report by the Asian Development Bank (ADB). South Asia’s ...
- Poverty Threat (Category: Business)
- No inflation respite for Asia despite fall in food, fuel prices (Category: Business)
- Developing Asia’s growth to moderate amid global uncertainty, says ADB (Category: Business)
- Currency depreciations risk intensifying global food, energy crisis – World Bank (Category: Breaking News)
Industry calls for higher productivity, new market development to ride out uncertainties Tea industry stakeholders say the industry needs to urgently improve productivity and generate new markets, as volatility in major Middle Eastern markets continue to dampen tea export earnings. While there is strong demand for tea in global markets, price increases for Ceylon ...
- Local tea industry in a fix (Category: Business)
- Tea smallholders raise sustainability concerns (Category: Business)
- Closing on $ 5 b tea exports by 2020 doubtful: Industry (Category: Business)
- MJF rings alarm bell on future of tea industry (Category: Business)
High cost of living and festive seasons go hand in hand and the upcoming New Year looks set to becoming a particularly difficult one. With the Central Bank downgrading the economic forecast from eight per cent to 7.2 per cent and a rapidly depreciating rupee adding to increasing imports, the month of April, when consumerism ...
- Former Mississippi Gov. William F. Winter dies at 97 (Category: USA, Mississippi)
- March on Capitol costs Georgia man his job at car dealership (Category: USA, Nebraska)
- March on Capitol costs Georgia man his job at car dealership (Category: USA, Maryland)
- March on Capitol costs Georgia man his job at car dealership (Category: USA, Maine)
Tyranny of the international capital markets Dr. Indrajit Coomaraswamy, ex-Central Banker and International Civil Servant, did not mince words when he addressed the country’s exporters last week. The veteran economist, having made an assessment of the risks associated with Sri Lanka’s external sector crisis, warned that the country will have to grapple with “the tyranny ...
- High costs of poor performance or high returns of sound management (Category: Business)
- Appreciating exchange rates: Not a boon always (Category: Business)
- Flexible exchange rates and impact on exporters (Category: Business)
- No more IMF loan for Sri Lanka (Category: Breaking News)
Too many children living in cities across the world are excluded from vital services, UNICEF says in a report launched jointly with the Government of Sri Lanka. Delivering the welcome speech at the joint launch of UNICEF’s ‘State of the World’s Children Report 2012’ at the Presidential Secretariat this morning, Secretary to the President Lalith ...
- State of the World's Children Report 2012' presented in Sri Lanka (Category: Breaking News)
- UNICEF says urban children’s malnutrition growing in Sri Lanka (Category: Breaking News)
- UNICEF releases Annual Report (Category: Breaking News)
- Sri Lanka and UNICEF focus on urban children (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)
The Visible Hand of the government ‘The Visible Hand’ was the title which the famed London-based economics weekly, The Economist, used when it published a special report in its issue on 21 January 2012 on the rise of state capitalism in the modern era. The title has a pun: The governments do not care to ...
- Target 2048 – Economic Democracy Principles Should Be Followed To The Letter (Category: Breaking News)
- Corporatism: A step beyond state capitalism (Category: Business)
- A monetary constitution to add on to the legal constitution? (Category: Business)
By Sydney Knight Galle Literary Festival Panel: Writing political realities into fiction and journalism. This program enabled me to listen to Romesh Gunesekera, Irfan Husain and Susan Minot. All three writers certainly had a message. However, what struck a chord in my system was the story from Uganda. The story of the Nun and the ...
- Lankan team for U19 World Cup (Category: Business)
- Sino-Lanka Bilateral Trade (Category: Business)
- CIM Sri Lanka Region celebrates 100 years of marketing excellence (Category: Business)
By Nimisha Muttiah Communication is the epitome of human life itself. It is what allows us to say “hello” and greet someone we know, it lets us build relationships with people we care about, share information with others and gives us a way to communicate with those around us to meet or daily needs. Without ...
- Proposals to appoint a Speech and Language Therapist or Speech Pathologist for each educational ... (Category: Breaking News)
- Medcon advises parents about hearing loss in children (Category: Business)
- ‘English day 2012’ with John Keells scholarship program (Category: Business)
- Sri Lanka Sign Language workbooks for pre- school deaf children (Category: Business)
RAM Ratings Lanka said yesterday it has assigned respective long- and short-term corporate credit ratings of A+ and P1 to Lanka Hospitals Corporation PLC (LHC). The long-term rating has a stable outlook. The ratings are upheld by the Hospital’s strong financial profile, liquidity, ongoing State support and the positive outlook for the private healthcare industry. ...
- LHC issues arrest warrants for SL cricket team attack accused (Category: Breaking News)
- LHC finds 'interesting effects' (Category: Technology)
- LHC 'has two years to find Higgs' (Category: Technology)
- RAM Ratings Lanka assigns A+/P1 to Lanka Hospitals Corporation PLC (Category: Breaking News)
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