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The Galle Music Festival 2012 being held over the weekend of 3 to 4 March offers a unique opportunity to see local and international folk and contemporary music groups. The Samanala Grounds in Galle will be transformed into a traditional village setting where the folk music groups will share, exchange, and interact with other performers ...
- Galle Music Festival comes alive in March (Category: Business)
- New Year’s Eve dances at Galle Face Hotel (Category: Business)
- Grand music festival boosting Northern folk artistes to be held from March 25 - 27th in Jaffna (Category: Breaking News)
Sri Lanka’s leading communications company Triad, with its indigenous roots and established credo ‘Sri Lanka Can,’ has taken another significant step in its corporate journey. Triad’s move to spacious premises at the heart of Colombo’s business district marks the company’s ambitious growth plan for 2012 and beyond. The sprawling 10,000 square foot premises on th...
- Four times in a row Triad wins Sumathi’s Best TV Ad of the Year (Category: Business)
- Triad’s creative for CIC Agri wins ‘TV Ad of the Year’ (Category: Business)
- Leo Burnett celebrates exceptional year in 2011 (Category: Business)
Reuters: Hollywood showed some love for its history at the Oscars on Sunday, giving its best film award and four others to silent movie “The Artist” in a ceremony that recalled why cinema is special to so many people. The Academy of Motion Picture Arts and Sciences also gave Oscars to Meryl Streep playing former ...
- The Artist triumphs at the Oscars (Category: Breaking News)
- Gets Oscars presenting gig (Category: Business)
- ‘The Artist’ Wins Producers Guild’s Best Picture Award (Category: Business)
- ‘Barfi’ is India’s Oscar entry (Category: Business)
The Asia Capital Group today announced that construction of a 30 room hotel property, Taprobana, has begun in Balapitiya and is expected to be completed in time for summer 2013. Work has also begun on another 30 room property in Wadduwa, situated in a prime beachfront location which will be opened simultaneously. Asia Leisure owns ...
- Tamarind Hill, Galle re-launched with a fresh, new look (Category: Business)
- Tamarind Hill re-launched with new look (Category: Travel)
- Hilton to welcome first Hilton Garden Inn in Southeast Asia (Category: Business)
- ITB Asia showcases JKCS’ Zhara hospitality industry software (Category: Business)
Benito Mussolini, the fascist ruler of Italy, during World War II, said that his brand of fascism ‘should be more appropriately called Corporatism, because it is a merger of state and corporate power’. Compare this with the dictionary definition of capitalism: ‘A system in which a country’s business and industry are controlled and run for ...
- Entrepreneur and the profit motive (Category: Business)
- The rise of State capitalism: new masters of the universe or an ominous portent? (Category: Business)
- State Capitalism: Revitalising underperforming businesses the Mussolini way (Category: Business)
- Governance - Four examples; two bad and two good (Category: Business)
Dialog Axiata Plc has ended the 2011 financial year ringing a Rs. 5.4 billion profit, up by 6% over the previous year. The full year results were supported by a Group net profit of Rs. 1.4 billion in the fourth quarter, up by 2% from a year earlier. The Group recorded strong revenue growth across ...
- Dialog rings steady results (Category: Business)
- Dialog revenue grows 18% in first three months (Category: Business)
- Dialog dials top line growth in 2Q; forex losses cut profit (Category: Business)
- SLT Group Q1 operating profit up 14% to Rs. 1.86 b (Category: Business)
Reuters: Iran ordered a halt to its oil sales to Britain and France on Sunday in a move seen as retaliation against tightening EU sanctions, as a team of U.N. inspectors flew to Tehran to press the Islamic Republic over its disputed nuclear programme. The European Union enraged Tehran last month when it decided to ...
- Israel calls for tougher Iran sanctions (Category: Business)
- Iran Economy Minister says EU embargo to push up oil price (Category: Business)
- Iran imposes oil ‘counter-sanctions’ on EU (Category: Business)
- Iran oil output steady despite sanctions (Category: Business)
Reuters: South Korea’s Samsung Electronics Co, the world’s biggest maker of televisions, is shifting its focus towards new generation OLED display technology, and said it will spin off its loss-making LCD flat-screen business into an affiliate. The outlook for liquid crystal display TVs has dimmed as shoppers in developed markets have traded in their bulky ...
- Samsung, Google unveil new Android phone (Category: Business)
- Samsung first with Windows phone, new Galaxy Note (Category: Business)
- Samsung seeks to merge smartphone operating platforms (Category: Business)
- Samsung to post strong Q4 on record smartphone sales (Category: Business)
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)
Q: 13 Plus has become the most discussed topic in the political scene. What do you think about 13 Plus? A: Before looking at the 13th Amendment or the 13 Plus, first let us give a chance to the present mechanism. I strongly believe the present mechanism can address the majority of our issues. The ...
- Tamils only want Chelvanayagam’s demands met- not Prabakaran’s - Suresh Premachandran (Category: Breaking News)
- SLMC opposes govt. decision not to allocate land and police powers to the provinces (Category: Business)
- Sri Lanka – Nation Building, Devolution & The 13th Amendment – Part IV (Category: Breaking News)
- TNA and talks travails (Category: Business)
Sri Lanka’s benchmark stock index, the world’s worst performer this year, may extend its slump as the central bank raises interest rates to curb inflation, according to HSBC Holdings Plc’s private banking unit. HSBC Private Bank, which oversees about $499 billion, will wait for stock valuations to fall to “single digit” multiples before it considers ...
- Stocks approach one-month low; rupee steady (Category: Business)
- China factory surveys signal economic growth stays soft in Q3 (Category: Business)
- Sri Lanka Stocks May Slump More on Rates, HSBC Private Says (Category: Breaking News)
- CB seen holding rates, SRR steady – Reuters poll (Category: Business)
Reuters: Rafa Nadal has hit out at what he called a “general campaign” in France to discredit Spanish athletes by implying their success is due to the use of illegal drugs. Speaking to reporters a day after the Spanish tennis federation (RFET) said it would sue French TV broadcaster Canal+ for “unacceptable and damaging insinuations” ...
- Nadal honoured to carry flag for Spain (Category: Business)
- Dominant Djokovic claims maiden U.S. Open (Category: Business)
- Nadal looks to recover extra spark in 2012 (Category: Business)
- Nadal fends off Ferrer to clinch seventh Barcelona crown (Category: Business)
MALE (Reuters: President Mohamed Nasheed of the Maldives, widely credited with bringing democracy to the hideaway resort islands, resigned on Tuesday after weeks of opposition protests erupted into a police mutiny and what an aide said amounted to a coup. Nasheed, the Maldives’ first democratically elected president , handed power over the Indian Ocean archipelago ...
- Maldives charges ex-President with Judge’s detention (Category: Business)
- Democracy and the Maldives (Category: Business)
- Former AG confirmed coup in Maldives – MDP (Category: Breaking News)
- Crisis in paradise in Maldives’ new democracy (Category: Business)
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)
Ambassador updates foreign reporters on post-conflict development and reconciliation in Sri Lanka “Sri Lankans support a home grown solution for reconciliation” Ambassador invites international correspondents to visit Sri Lanka WASHINGTON: Ambassador Jaliya Wickramasuriya hosted a group of foreign correspondents here in a January 25 reception held at his residence, prompting a discussi...
- Effective LLRC implementation sans external pressure (Category: Business)
- Sri Lanka’s ‘Lies Agreed Upon’ screened in US Congress (Category: Business)
- Sri Lanka will hold accountable every person accused of war crimes – Jaliya (Category: Business)
Reuters: Japan’s ailing electronics giant, Sony Corp (6758.T), warned investors on Thursday it was heading for a worse-than-expected $2.9 billion annual loss, revealing the daunting task ahead for its incoming chief executive, Kazuo Hirai. The company, overtaken by more innovative rivals such as Apple and Samsung over the past decade, gave the forecast in its ...
- Asia’s Top 1000 Brands: Sony tops in India, Samsung in Asia Pacific (Category: Business)
- Sony sees record $6.4 b loss on tax hit (Category: Business)
- Sony to axe 10,000 jobs in turnaround bid (Category: Business)
- Samsung unwraps latest Galaxy rival to iPhone (Category: Business)
Reuters: President Nicolas Sarkozy used a primetime television interview on Sunday to flesh out a flurry of measures to boost employment and competitiveness which he hopes to rush through France’s parliament before a presidential election in April. Sarkozy, who is running far behind Socialist challenger Francois Hollande in opinion polls for the election, said he ...
- Voting begins in France, economy may doom Sarkozy (Category: Business)
- Socialist Hollande ousts Sarkozy as French leader (Category: Business)
- France forced to cut budget again as election looms (Category: Business)
- French President’s partner dubbed the new Iron Lady (Category: Business)
Text and pic by Harsha Udayakantha Peiris Malaka Dewapriya a young cinematographer with a determined mission towards a cinema with a richer conception to uplift the social bases of the communities has launched fieldwork for his first feature on silver screen for the local and international audience, namely, ‘Bahuchithavadiya’ which narrate...
- ‘Arctica’ set to focus the spotlight on Sri Lankan Cinema (Category: Business)
- From science to commercialisation (Category: Business)
- Miscellany By Ranat (Category: Business)
Reuters: India cut cash reserve requirements for banks by 50 basis points on Tuesday to ease tight liquidity conditions, signalling a shift in policy towards reviving growth after two years of fighting inflation. With core inflation still stubbornly high, the Reserve Bank of India as expected left its policy repo rate unchanged at 8.50 percent ...
- India Central Bank leaves interest rates unchanged, cuts CRR (Category: Business)
- India’s inflation may have picked up slightly in Feb. (Category: Business)
- India’s July inflation eases; rate hike still seen (Category: Business)
- India’s inflation hits three-year low, cenbank seen unmoved (Category: Business)
TOKYO: Japanese high-tech giant Hitachi said on Monday that it will stop making televisions by the end of September as intense price competition hurts TV earnings at many electronics manufacturers worldwide. Hitachi will “terminate television production by the end of September” in Japan, said Sayori Nishino, a company spokeswoman, having already outsourced overseas TV ...
Reuters: Wikipedia, the popular community-edited online encyclopedia, will black out its English-language site for 24 hours to seek support against proposed U.S. anti-piracy legislation that Wikipedia founder Jimmy Wales said threatens the future of the Internet. The U.S. service will be the highest profile name to join a growing campaign starting at midnight Eastern Time ...
- English Wikipedia to black out in protest (Category: Breaking News)
- Robots to get their own internet (Category: Technology)
- English Wikipedia anti-SOPA blackout (Category: Breaking News)
- Wikipedia to shut down for 24 hours in piracy protest (Category: Breaking News)
LONDON (Reuters) : FIFA’s former director of international relations Jerome Champagne has suggested changes in the world governing body to help end a perception it is run by self-interested men who do not care enough about the game. The erudite 53-year-old Frenchman, who left FIFA suddenly two years ago, has now broken his silence since ...
- Blatter apologises but will not resign (Category: Business)
- FIFA names woman to executive committee for first time (Category: Business)
- Bin Hammam’s life ban overturned by CAS (Category: Business)
- FIFA frets over pace of Brazil World Cup building work (Category: Business)
Lack of participation in decision makingTop-down decision-making, centralisation of power and authority, lack of consultation with stakeholders, lack of accountability and the arrogance of political power are all factors which featured heavily in the socioeconomic environment of 2011 in Sri Lanka, mainly due to the lack of public consultation in the decision-making process. As Nobel ...
- Why did the good-intentioned public intervention go wrong? (Category: Business)
- The Crate Debate (Category: Breaking News)
- Toothless Tiger (Category: Breaking News)
- Gunny Gags Out From Sept. 1 (Category: Breaking News)
Looking back at 2011, DFCC Vardhana Bank (DVB), the everyday banking unit of DFCC Bank had a productive year in terms of profitability, asset growth, with a number of milestones being achieved, awards won and expansion in the bank’s products and services. The entirety of the bank’s activities focused on one goal: financial inclusion, which ...
- DFCC Vardhana Bank takes exclusive personalised banking to Jaffna (Category: Business)
- DFCC Vardhana Bank opens 125th branch in Kegalle (Category: Business)
- DFCC Vardhana Bank relocates Panadura Branch (Category: Business)
- DFCC Vardhana Bank opens at Narahenpita Economic Centre (Category: Business)
By Dinali Goonewardene Prathilaba was telecast on Rupavahini on Sundays at 10 a.m. The TV documentary, a studio discussion on investing in the stock market was commissioned by the Securities and Exchange Commission and panellists from the stock market industry participated. These included stock brokers, research analysts, fund managers and officials from the Colombo Stock ...
- Invest In Stocks With Good Valuations (Category: Breaking News)
- Investor Day at Negombo tomorrow (Category: Business)
- SEC Investor Day goes to Matara (Category: Business)
- Investor Day in Kurunegala on Saturday (Category: Business)
In 2011, leading Sri Lankan conglomerate CIC Holdings found itself at a crossroads: although the company had become synonymous with chemicals and paints, its dynamic growth was increasingly driven by its agricultural businesses, creating a disconnect in the minds of consumers. The brand was in urgent need of more than just a fresh coat of ...
- CIC Holdings’ new brand identity evokes nurturing philosophy (Category: Business)
- CIC Holdings grows with impressive 2Q results (Category: Business)
- Bates gives clients an insight into ‘Sonic Branding’ (Category: Business)
ABC Radio Networks collected five awards at the e-Swabhimani Awards Gala 2011, becoming the first radio station to ever win an award in the history of the ceremony. The e-Swabhimani Awards Gala hosted by the Information and Communication Technology Agency of Sri Lanka (ICTA) recognises the creativity and innovation in digital content and applications by ...
- Gold FM 70s Show on Friday (Category: Business)
- Hiru FM and Sooriyan FM win ‘Best Radio Stations in South Asia’ (Category: Business)
- ABC Radio Network pioneers international SMS news alerts (Category: Business)
- ABC’s Hiru TV gears to shake up the television industry (Category: Business)
By Ian The President in his speech at the opening of the Southern Expressway said that this could be the beginning of building a modern society. He also mentioned that had there been such an expressway linking the north with the south the extremists would not have succeeded in capitalising on the mistrust among communities. ...
- "I dont like to use the term 'student supppression' simply because there is no such thing" (Category: Breaking News)
- JVP accuses Govt. of crippling University system (Category: Business)
- Sri Lanka to open new universtities to improve higher education (Category: Breaking News)
- Gota urges educated youth to take country forward (Category: Business)
Having launched Sri Lanka’s first-ever equity investments and financial information portal, Sri Lanka Equity Analytics (www.srilankaequity.com) recently celebrated its successive second year of operations by reaching the milestone of 5,000 registered online memberships and over five million hits. Sri Lanka Equity Analytics is a financial portal designed to address varying needs of the invest...
- Borsa Italiana’s cash markets go live on MITs Millennium Exchange (Category: Business)
- Millennium’s Trading and Surveillance platforms go live in Johannesburg (Category: Business)
- ‘Those who live by the Dhamma are protected by the Dhamma’ SEC Chief tells investors (Category: Business)
- SUN FM presents Arash live in concert this December (Category: Business)
After the recent Commonwealth Games in New Delhi, India, critics found three new words for the acronym ‘CWG’ – Corruption, Waste and lack of Governance. The Chairman of the Indian National Olympic Committee, who was Chairman of the Organising Committee, is presently in Tihar Jail, in Delhi with many of his acolytes, on charges regarding ...
- CWG bid money not wasted: Cabraal (Category: Business)
- Gold Coast wins CWG 2018 bid (Category: Breaking News)
- Sri Lanka hosting CWG would inspire 45 other nations – President (Category: Business)
- A month to go for vote, Govt. says momentum building on Hambantota’s 2018 CWG bid (Category: Business)
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