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Reuters: Iran’s President said on Wednesday his country was under constant threat of military action from “uncivilised Zionists” and called for a new world order not dominated by Western powers in the service of “the devil.” In his eighth and likely final address to the U.N. General Assembly’s annual gathering of world leaders, Mahmoud Ahmadinejad ...
- Ahmadinejad says US can no longer dictate policy (Category: Business)
- Ahmadinejad says his country will succeed in the battle against the West (Category: Breaking News)
- Iran army tests defences as nuclear tensions rise (Category: Business)
- Iran’s Ahmadinejad to visit as China slams new sanctions (Category: Business)
The Securities and Exchange Commission of Sri Lanka (SEC) conducts many financial literacy programs targeting school children aimed at enhancing their knowledge on the capital market. This year the SEC conducted a television quiz program with the participation of Sinhala medium Advanced Level Commerce students at a Provincial level. The finals of the television quiz ...
- Strange but true? (Category: Technology)
- Sri Lanka SEC to impose minimum free float (Category: Breaking News)
- Resigned (Category: Business)
- Still There (Category: Business)
Reuters: Chinese university teacher Zhu Haibin wept softly as she and other Communist Party cadres stood in rows before a mass grave of Communist fighters in southern China. Ignoring light drizzle, the group listened to a party instructor tell the story of Zhang Longxiu, a “hero mother” from the early days of China’s Communist revolution ...
- China to test superpower claims on foreign soil (Category: Business)
- Top Chinese professor boasts of operatives in top of US ‘core inner circle’ (Category: USA, New York)
- Top Chinese professor boasts of operatives in top of US ‘core inner circle’ (Category: USA, New York)
- Top Chinese professor boasts of operatives in top of US ‘core inner circle’ (Category: USA, New York)
SLIIT, together with representatives from the Instituteandrsquo;s prestigious foreign partner universities will host a Partner University Day on the 21 September at SLIITandrsquo;s Malabe campus from 9 a.m. to 6 p.m.
- Lui banned from NRL for rest of 2012 (Category: Australia, Queensland)
- Bitten, beaten and glassed (Category: Australia, Tasmania )
- Feds charge onetime Wadena insurance agent with stealing $524K from clients (Category: USA, Minnesota)
- Dream of marriage (Category: Australia, Tasmania )
The Silvas are at it again. A week dominated by news of political brats on the rampage once more, this time directing their rage at an Army Major, ended with the soldier recanting his story and the two main suspects in remand being transferred to prison hospital on “medical” advice. The whole incident smacked of ...
- Blake says visit positive, key challenges remain (Category: Business)
- The Ides Of March Comes Around To A Rajapaksa Regime (Category: Breaking News)
- US – India Alliance Puts Pressure On Sri Lanka (Category: Breaking News)
- Political pickles and quicksilver fortunes (Category: Business)
SINGAPORE: Business sentiment among Asia’s top companies fell for the second straight quarter, dragged down by export-orientated economies such as China and Japan, while domestic spending helped boost Southeast Asia’s outlook, a Thomson Reuters/INSEAD survey showed. Concerns over global demand are hurting Asia’s export engines, with autos, technology and shipping sectors am...
- Europe, China worries hurt business sentiment: survey (Category: Business)
- Asian markets dampened by Bernanke, factory data in focus (Category: Business)
- Asia’s growth picking up, too early to celebrate (Category: Business)
- ‘Pessimism’ over Asia-Pacific growth: survey (Category: Business)
It is with great sacrifices that Sri Lanka brought about a victory against ruthless terrorism, which is certainly a feather in the cap of Rajapaksa family. No one can dispute the fact that President Rajapaksa provided the political leadership and ensured that the LTTE was decimated at any cost. The Tamil diaspora and the pro-separatist ...
- Eight Lankan refugees arrested in TN (Category: Breaking News)
- Coast Guard stand on TN fisherman ‘outrageous’: Jayalalitha (Category: Breaking News)
- TN determined to regain Katchatheevu (Category: Breaking News)
- TN BJP will continue to press for retrieval of Katchatheevu: Annamalai (Category: Breaking News)
It is questionable whether sharp increases of the indices at Colombo Bourse, following the appointment of the new SEC (Securities and Exchange Commission) Chairman, are sustainable says Asia Wealth Management Research in its weekly review of the stock market, pointing out there has not been a corresponding change in the countryandrsquo;s macroeconomic or financial regulatory environment.
The Securities and Exchange Commission (SEC) and stock brokering companies held a discussion on Friday (14) to find ways and means to improve the Colombo Stock Exchange (CSE) in a collective manner.
The place isn’t a paradise for minorities but the economy is recovering By Sam Baker Asuasentinel.com: The Government of Mahinda Rajapaksa in Sri Lanka has probably botched its dealings with the United States, the European Union and the United Nations. Still, the disenchantment with Colombo may be overblown three years after the end of the ...
- Army inquiry a delaying tactic: Human Rights Watch (Category: Business)
- President calls on diplomats to counter threats from pro-LTTE Diaspora (Category: Business)
- NGOs Call on U.S. to Establish International Accountability Mechanism on Sri Lanka at UN Human R... (Category: Breaking News)
- Rejected asylum seekers abused in Sri Lanka, says rights group (Category: Breaking News)
The global escalation of commodity prices in the latter part of last decade impacted Sri Lanka’s rice market, with retail prices showing sharp increases for the consumer. The regulatory forces with a ceiling on consumer prices and guaranteed price for paddy did alleviate this problem to some extent. Today it has taken a different turn ...
- Village as a developmental unit (Category: Business)
- Paddy farmers’ problems (Category: Business)
- Budget 2012’s impact on the export sector (Category: Business)
- Sri Lanka’s stake in the intl. agriculture debate (Category: Business)
On Friday (7) afternoon, the eve of provincial council elections in three provinces, a certain gathering took place at 101, Rosmead Place, which houses the corporate offices of Democratic National Alliance (DNA) National List Parliamentarian, Tiran Alles. Consultations that lasted for hours, took place between Alles and UNP Deputy Leader Sajith Premadasa and a few ...
- Towards impunity and democratic erosion (Category: Business)
- Monsoons and elections (Category: Business)
- Election fever grips as political parties begin campaigning (Category: Business)
- Outside conspiracies will not be allowed – Mahinda (Category: Business)
10-day rally checkmated by profit taking on Rs. 2 b turnover; buying returns at tail-end Retailers, who staged a dramatic bull run in recent weeks, propelling indices to rise by over 10%, yesterday took what one broker described as a “well-deserved breather” as profit taking ruled the Colombo Bourse. The ASI after a momentary rise ...
- Bourse ends week on the up (Category: Business)
- CSE rebounds with fresh interests in blue chips and speculative stocks (Category: Business)
- Bourse in welcome rebound; market cap up by Rs. 25 b (Category: Business)
- Milanka Index turns positive after 17 months (Category: Business)
Corporate earnings of entities listed on the Colombo Stock Exchange have contracted in the second quarter of 2012, says a research report released recently by Lanka Securities Research.
LONDON (Reuters): Copper hit a four-month high on Monday as hopes for more policy easing in the United States prevailed and as weak copper and other commodity imports in China, coupled with weak factory activity, reinforced prospects for more stimulus measures there. Chinese data showed copper imports in August fell 2.9% from July due to ...
- Asian shares rise; oil spikes on Iran tension (Category: Business)
- Shares ease on China growth worry, dollar stays firm (Category: Business)
- Asian markets rebound, hoping for action on euro zone crisis (Category: Business)
- Asian stocks rebound as Bernanke soothes investors (Category: Business)
Marketing Director of Pan Audio Private Limited and Director of Pan Care Pvt. Limited, G. S. Sylvester has been selected as team leader for the Group Study Exchange, an international programme exchange for young professionals organized by The Rotary Foundation of Rotary International.
Securities and Exchange Commission of Sri Lanka (SEC) in its first-ever statement following the appointme4nt of Dr. Nalaka Godahewa emphasized that it had not initiated any new investigations as alleged.
MANILA, PHILIPPINES: ASEAN nations can help avoid world rice price shocks by reducing export restrictions, placing less emphasis on self-sufficiency, retooling Thailand’s rice pledging program, and expanding coordinated rice policies with India and Pakistan, according to a series of working papers from the Asian Development Bank (ADB). “So far, the rice market appears to be ...
- Troubled EU eyes ASEAN boost (Category: Business)
- Sri Lanka to bag yet another ASEAN MoU (Category: Business)
- Sri Lanka looks to work closer with ASEAN (Category: Breaking News)
- Sri Lanka to sign another ASEAN MOU (Category: Business)
Reuters: China’s economy is stabilising slowly as pro-growth government policies gain traction while real estate curbs have suppressed speculation, the head of the country’s top planning agency, the National Development and Reform Commission, said on Wednesday. Zhang told a meeting of the National People’s Congress (NPC), China’s top legislature, that China’s two-pron...
- Sri Lanka to establish a new Consulate General in Guangzhou, China (Category: Business)
- US study tracks huge state role in China economy (Category: Business)
- China lifts state purchase prices of rice to help farmers (Category: Business)
- China calls for creating good environment for Sri Lanka’s stability, construction (Category: Business)
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 ...
- Promoting productive social protection (Category: Business)
- MBSL seminar on ‘Implications of the new Finance Business Act’ on 19 September (Category: Business)
- The loud voice of economists: Reform or perish (Category: Business)
- Taming the ‘monsters’ (Category: Business)
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 ...
- The Kandy vs. Navy rivalry to reach tipping point today (Category: Business)
- Vintage cars beauties to behold (Category: Business)
- Clifford cup stays in Kandy (Category: Business)
James Alix Michel President of Seychelles accompanied by Minister of Foreign Affairs Jean Paul Adam, Minister of Fisheries andamp; Aquatic Resources Development Dr. Rajitha Senaratne and a host of other dignitaries both from the Seychelles and Sri Lankan Ministry of External Affairs visited Colombo Dockyard on 21 August 2012.
- Seychelles Development Bank seeks ties with Lanka (Category: Breaking News)
- Air Seychelles to commence direct flight services to Sri Lanka (Category: Breaking News)
- Seychelles Development Bank seeks ties with Lanka (Category: Breaking News)
- President of Seychelles to visit SL tomorrow (Category: Breaking News)
Stamp Talk by the Philatelist “From the beginning, Sri Lanka’s destiny has been intertwined with India’s. Together they broke away from the ancient super-continent of Gondwanaland 120 million years or so ago, and crammed full of all manner of life, rather like Noah’s Ark, voyaged northwards across the Tethys Sea, eventually joining up with Eurasia ...
- Durban win can’t erase Sri Lanka’s scars (Category: Business)
- Charm of rural hospitality (Category: Business)
- Adams Peak first destination of holy mountains expedition (Category: Breaking News)
- Writer Namita Gokhale to visit Sri Lanka (Category: Business)
Reuters: Iran unveiled upgrades to six weapons on Tuesday, including a more accurate short-range missile and a more powerful naval engine, Iranian media reported, in what seemed to be its latest response to international pressure over its nuclear programme. The hardware was presented at a ceremony marking Defence Industry Day and attended by President Mahmoud ...
- Iran says fires long-range missile in Gulf drill (Category: Business)
- Ahmadinejad unveils upgraded short-range missile (Category: Breaking News)
- US moves new forces to Gulf to ward off Iran: report (Category: Business)
- Obama vows to pursue further nuclear cuts with Russia (Category: Business)
Reuters: Russia warned the West on Tuesday against unilateral action on Syria, a day after U.S. President Barack Obama threatened “enormous consequences” if his Syrian counterpart used chemical or biological arms or even moved them in a menacing way. Russian Foreign Minister Sergei Lavrov, speaking after meeting China’s top diplomat, said Moscow and Beijing were ...
- No more wars (Category: Business)
- Russia warns West over Syria after Obama threats (Category: Breaking News)
- Syria urged to end violence (Category: Business)
- Ahmadinejad denounces ‘uncivilised Zionists,’ urges new order (Category: Business)
Global Media Networks Ltd. (GMNet) has unveiled a Colombo Stock Exchange-based free game simulator VstoX Colombo Virtual Exchange (www.vstox.com) with a view of introducing a virtual simulation to investors on the Colombo Bourse’s activities for the first time in Sri Lanka. VstoX integrates the real life order placement system, commonly known as ATS (Automated Trading ...
- GMNet launches a CSE based free game simulator (Category: Breaking News)
- Sri Lanka Equity Forum celebrates two years of success (Category: Business)
- London looks to Lanka! (Category: Business)
- Stock shock (Category: Business)
Some may call it a triumph of the evil and others a victory against tyranny. But all will depend on how the market will respond to the news in the coming few weeks and months to the news of Securities and Exchange Commission (SEC) Chairman Thilak Karunaratne's resignation last Friday.
Nearly 50 stocks had gained by over 10% in the past month Three solid stocks gives over 23% year-to-date return against near 20% dip of the market If the general investing and savings public believes the Colombo Stock Exchange isn’t attractive, then nearly 50 stocks are likely to prove this incorrect, especially given their performance ...
- Investor confidence worsens by the day; bourse loses Rs. 53 b in value (Category: Business)
- Stock market rebound gathers momentum (Category: Business)
- Market in heavy need of a new direction – Asia Wealth (Category: Business)
- ‘Other’ investors turn bullish (Category: Business)
Although certain investors and a section of the stockbroking community were seen toasting the impending resignation of Securities and Exchange Commission (SEC) Chairman, Tilak Karunaratne on Tuesday and Wednesday by sending market indices up, the market dipped yesterday with thin volumes and poor turnover.
Shares thoughts on sustainability in volatility and the way forward The Guest of Honour, Dato’ Charon, President and Members of the Professional Bankers’ Association, my dear friends, first of all, let me thank the Association of Professional Bankers for inviting me this evening to your 24th Convention and giving me the opportunity to share a ...
- Association of Professional Bankers’ anniversary convention on 13 and 14 August (Category: Business)
- Sustainability in volatility: The bankers’ challenge (Category: Business)
- APB to promote ‘Sustainability in Volatility’ at 24th anniversary convention (Category: Business)
- Swiss banks tout stability and secrecy to lure rich (Category: Business)
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