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Text and Pic by Ruzaik Farook The Zahira Hockey Committee organised an under 20 all island inter school seven a side hockey tournament recently at the college grounds as an initiative to commemorate the 120 years of excellence of Zahira College. Zahira College is also organising a series of events to commemorate the anniversary in ...
Sri Lanka are determined to prevent a Pakistan resurgence as they seek their first Test series win in three years when the second match starts in Colombo on Saturday. The hosts will start as firm favourites at the Sinhalese Sports Club (SSC) after thumping Pakistan by 209 runs with a day to spare in ...
Case study Middle East Sri Lanka is one of the most sought-after tourist destinations in the world. It is surrounded by the Indian Ocean strategically located between West Asia and South East Asia and has been an important stop on the silk route or the Silk Road. It has all requirements to be one ...
There is no other industry in Sri Lanka which has suffered at the hands of the Government more than the media industry. Media freedom is enshrined in our Constitution, but it cannot just be exercised unless the right to gather news and information is also guaranteed. Media freedom is enshrined in our Constitution, but it ...
We write to draw your attention to the news item under the heading of ‘Team sprit among MBA students at the University of Peradeniya’ with two pictures in the Daily FT on 22 June using the name an ‘Outward-Bound’ in the context of the Training Program organised by The MBA Association ,University of Peradeniya . ...
The Standard and Poor’s (S&P) Rating Services assigned a score of 8 (very high risk) to the Sri Lankan economy and banking industry last week. The role of ratings agencies in the lead-up to the global financial crisis (2008) was certainly highly questionable. There are also issues related to their accountability. Despite this, and setting ...
Recent newspaper advertisements heralding the birth of a sports economy is indeed good news for sportsmen in general and sports entrepreneurs in particular. Tax exemptions that serve as attractive incentives are a much awaited step in the right direction for a small nation who has time and again made forays into the big leagues. The ...
Venture Engine 2012 comes to aandnbsp;close amidst much appreciation from Sri Lankan Entrepreneurs and Businessmen at the concept behind the event and the opportunities created. Winning the coveted first place wasandnbsp;24/7 Techies, withandnbsp;Lanka BPOandnbsp;in second place andandnbsp;Trekuriousandnbsp;in third.
The first quarter of 2012 witnessed a number of developments in the real-estate sector in Sri Lanka, coming on-stream. Leisure projects were among the major contributors to activity in the market, with the commencement of construction of several hotel projects and the opening of some recently-completed boutique hotel properties.
Prestige Automobile (Pvt) Ltd. unveiled the all-new BMW ActiveHybrid 5 Series, dabbed by BMW to be andlsquo;the most dynamic form of hybrid drivingandrsquo; at Prestigeandrsquo;s state-of-the-art showroom at Battaramulla.
NDB recorded yet another andlsquo;firstandrsquo; in the banking industry by becoming the first bank to secure ISO certification for its Corporate Banking division. The certification, which is not commonly granted to the services industry, affirms that the services offered by NDB Corporate Banking gratify international standards of quality for such banking services and procedures.
Janashakthi Insurance recently felicitated Sri Lankan medalists at the Asian Junior Athletic Meet, as a part of its commitment to develop and nurture sporting talent in Sri Lanka.
Economic Development Minister Basil Rajapaksa opened andlsquo;Jungle Beach,andrsquo; the first new style Resort in the Kuchchaveli Tourism Development Zone last Friday (22 June).
By Sachin Ambekar, Chief Creative Officer, Leo Burnett Solutions Inc. in Cannes Final Update: The last two days at Cannes Lions International Festival of Creativity, the world’s largest advertising festival was sensational! With 119 sessions and 34,301 entries from all over the world, the festival was bigger and better than ever before. Digital really ...
A solution for loss-making SOEs? In the USA, a new corporate entity referred to as a Benefit Corporation (B-Corp) has been brought into being. The states of Maryland, New Jersey, Virginia, California and Vermont have legislation which permits companies to combine the profit motive with the purpose of making a positive impact on society and ...
LB finance one of the leading finance companies in Sri Lanka celebrated its 41st birthday last week and held a press briefing in connection with this event.
Piramal Glass Ceylon PLC(PGC) inaugurated its new high capacity Effluent Treatment Plant (ETP) at its factory premises in Horana, under the patronage of P. Kumaran, the Deputy High Commissioner of India in Sri Lanka, Vidura Wickramanayake, Kalutara District MP, on 22 June along with Sanjay Tiwari, CEO and Managing Director of Piramal Glass Ceylon PLC in the presence of Ranjith Fernando and Dr. Ban...
Ever since its launch in October 2011, Expo Rail has been on an upward drive redefining rail travel in Sri Lanka. With four destinations in its portfolio andndash; Badulla, Kandy, Trincomalee and Vavuniyaandnbsp;andndash; Expo Rail has, in the past eight months, transported a total of over 25,000 passengers across Sri Lanka in its luxury compartments.
Financial statements play a major role in organizations decision making. Therefore it requires thorough analysis of financial statements which in return facilitate the management to plan, organize, direct and control operations within a company.andnbsp;
Leaving an end to a period of deep declines, market started showing a slightest revival in recent weeks, but leaving a surprise market slid down during the last two trading days of this week. Looking on the surface we see decline can be a mere response over to news spread on Sri Lankaandrsquo;s increased risk score to "very high risk" by Sandamp;P.
University of Cambridge International Examinations is hosting the first Cambridge Leadersandrsquo; Seminar for Principals and Deputy Principals from across Sri Lanka on 26 June 2012.
Sri Lanka-China Business Cooperation Council (SLBCC) affiliated to the National Chamber of Commerce of Sri Lanka (NCCSL) announced the launch of the andlsquo;SLBCC Business Star Awards 2012andrsquo; on 20 June at the Galadari Hotel.
With the objective of further strengthening the relationship Credit Information Bureau of Sri Lanka (CRIB) has been enjoying with its stakeholders during the past 22 years, a Six-a-side Softball Cricket Tournament has been organized to be played on 1 July 2012 at the Colombo Colts Cricket (CCC) grounds.
The Minister of International Monetary Cooperation Dr. Sarath Amunugama will inaugurate ‘Nostalgie02,’ an exhibition of black and white photographs celebrating France by Kumar de Silva on Friday, 29 June 2012 at the Harold Peries Gallery at the Lionel Wendt Arts Centre. Minister of Water Supply and Drainage Dinesh Gunawardena will be the Guest of Honour. Presented ...
The Sri Lanka Navy has lifted all bans imposed on fishermen within the Trincomalee outer harbor with effect from Wednesday, Eastern Province Governor Mohan Wijewickrama said. Although there were no terrorist activities since the end of the conflict three years ago, the restrictions imposed by the Navy remained in effect in the seas off the ...
AustraliaN.com: More bodies have been spotted in the water near the asylum-seeker boat that has capsized between Christmas Island and Indonesia. Home Affairs Minister Jason Clare said there were 90 to 100 people still unaccounted for, while the number of survivors had been revised down from 110 to 109 after an official count had been ...
Samsung Electronics Co., Ltd, a global leader in digital media and digital convergence technologies, today announced the launch of the much awaited GALAXY SIII in the Sri Lankan market. Designed for humans and inspired by nature, the GALAXY S III is a smartphone that recognizes your voice, understands your intention, and lets you share a moment instantly and easily.
FACETS 2012, Sri Lankaandrsquo;s only International Gem and Jewellery Show which is expected to be held from the 5 - 8 September this year, has all 154 booths sold out, with inquiries continuing to come in from countries like India, Russia and China to send buying delegations.
Iraq, bulk of whose imports from Sri Lanka are Pure Ceylon Tea, is now eager for more and more Sri Lankan products.
Calls for Govt. to table details of investments in listed securities from January 2010 to April 2012 Says the two funds and Central Bank come under Finance Ministry and accountable to Parliament In a strong move, Opposition Leader Ranil Wickremesinghe yesterday urged the Government to table in Parliament full details of all investments in listed ...