@2022 - All Right Reserved. Designed and Developed by Rev-Creations, Inc
795 results found in 1922 ms
Page 8 of 27
A seminar on assisting entrepreneurs on methods of ‘increasing business profitability and investment returns’ was held at the Lighthouse Hotel, Galle on 30th March 2012 hosting 30 participants and Swiss Residence, Kandy on 18 May with 50 attendees. The program reflected the urgent need to be better prepared for the challenging business environment and the ...
RIO+20 is the next focus point for the world and as President Mahinda Rajapaksa takes Sri Lanka’s concerns to this international forum, it is perhaps time for a larger discussion on its importance to a developing country as well as the world at large. Twenty years ago, it was mostly people who were displaced by ...
The main Opposition UNP yesterday charged that people are suffering due to the inequitable economic policies of the Government. The UNP said that the Central Bank has stated in its latest monetary policy review that “The policy measures adopted by the Central Bank and the Government during the period February to April 2012 to curtail ...
By Shanuka Tissera CEMS Global – Conference and Exhibition Management Services Ltd opened its doors to specialists within the power and energy sector with their latest international exhibition on power generation and transmission, PV power, energy and renewable energy. Minister of Industry and Commerce Rishad Bathiudeen inaugurates CEMS-Global USA’s 8th Power Sri Lanka 2012 Internation...
Region’s tourism to be hit in euro collapse-Euromonitor Tourism receipts could drop as much as 17.3 percent Hotel value sales would be down 15 percent Spending on air travel could drop 20 percent FRANKFURT (Reuters): A collapse of the euro zone would have a crippling impact on Europe’s airlines and hotel groups, as consumers and ...
Lanka IOC has raised the price of diesel. It has for some time been asking that it be allowed to determine its own prices. But unfortunately it caters to too small a market share and cannot afford to get too far out of step without losing business. Now that world oil price is slipping, there ...
Peter Kropotkin is a Russian revolutionist who has commented in his book ‘The Conquest of Bread’ what he considers to be the weaknesses of the economic systems of capitalism and how poverty and scarcity thrives on. However, Kropotkin did not believe in the theory of state and is known as an anarchist. The issue of ...
As global leaders prepare to attend the G20 summit in Mexico (18-19 June), they have been urged to offer more support to Small and Medium Sized Enterprises (SMEs) in gaining access to finance, by ensuring that a more widespread approach is taken to policy development for the sector and that there are greater levels of ...
Despite the Central Bank’s positive Monetary and External Performance reports this week, the Ceylon Chamber of Commerce (CCC) has called for vigilance in moving forward. Releasing a statement yesterday, the CCC noted that the Government had introduced a package of courageous macroeconomic stabilisation measures in February 2012. “These were necessary to avert the balance of ...
Dialog Axiata in collaboration with Hatton National Bank and Deutsche Bank announced the launch of the country’s first mobile service under the brand name ‘eZ Cash’ yesterday as a means of taking financial inclusion to every citizen in Sri Lanka. The latest in mobile telephony innovation from Sri Lanka’s mobile market leader, this ‘virtual wallet’ ...
Dr. Gamini Wickramasinghe, Chairman of Bank of Ceylon, was recently awarded with the Communication and Leadership Award by District 82 of Toastmasters International. The award was presented to him by the President of Toastmasters International, Distinguished Toastmaster Michael Notaro at the inauguration ceremony of the recently concluded Annual Conference of District 82 – Ovation 2012. ...
With highest-ever top and bottom line performance premier blue chip JKH says knowing exactly who were are, what we stand for and where we are headed makes all the differenceI am pleased to present the Integrated Annual Report, and the Statement of Accounts, for the Financial Year ended 31 March 2012. The Report encapsulates the ...
Ford Motor Company unveiled the highly anticipated all-new Ford Ranger at the Ceylon Motor Show 2012, where Sri Lankan consumers will be able to see and experience the redesigned vehicle for the first time. The class-leading compact pickup truck has been completely reinvented, offering superior performance, safety, technology and quality. Ford returns to the Ceylon ...
With the end of the war, there was a desire throughout the country for a peace dividend. Over the 30 years of the conflict, pent-up demand had built up both for consumption and investment expenditure. The authorities were under intense political pressure to create an environment that was conducive to finance imports of consumption goods, ...
Mongolia’s President Tsakhia Elbegdorj, Brazilian banker Fábio C. Barbosa and renewable energy entrepreneur Dr. Sultan Ahmed Al Jaber were among six winners of the United Nation’s Champions of the Earth 2012 award, given to those whose actions and leadership have had a positive impact on the environment. Renowned Swiss aeronaut Dr. Bertrand Piccard, Dutch Scientist ...
ANC Education, the premier international higher education provider in the country, launched its first-ever School of Postgraduate Education on Tuesday to mark its 10th anniversary. The ANC School of Postgraduate Education was launched in collaboration with the University of West London, UK (UWL). “This is a significant milestone in our journey of ten years. ANC ...
Sustainability and corporate responsibility The SAFA-CMA International Management Accounting Summit has chosen an appropriate theme ‘Sustainability and Corporate Responsibility’ and will be attended by all professional accounting bodies in India, Pakistan, Bangladesh, Sri Lanka, Nepal, Maldives and Bhutan. Professional Accountants in Business (PAIB) of International Federation of Accou...
Sri Lanka has successfully showcased its latest investment opportunities to keen global investors who visited the world’s ninth largest economy to gauge the future of US manufacturing and global economic outlook. The Sri Lankan pavilion at the ‘International Trade Outlook 2012’
By Cassandra Mascarenhas In a knowledge economy, learning becomes a vital ingredient for power and furthering the need for continuous learning, the Chartered Institute of Chartered Accountants’ annual flagship event, the CIMA Business Leaders Summit 2012 conducted the technical sessions
In a departure from the usual conflict allegations, Swiss cities Geneva and Zurich will this week hear the unprecedented post-war potential of Sri Lanka for business and investment under a private sector-led and public sector supported initiative. Branded as a ‘land of a thousand and one opportunities,’ two separate events titled Swiss-Sri Lanka Business and ...
Employers Federation of Ceylon (EFC) Director General Ravi Peiris has urged the International Labour Organisation (ILO) to be more stakeholder-focused to achieve a win-win situation amidst global challenges. In his address to the 101st International Labour Conference (ILC) in Geneva yesterday, Peiris also expressed his gladness that the ILC 2012 was giving due recognition to ...
THE developed world’s insatiable appetite for products like coffee and timber is threatening the biodiversity of developing countries, unearthing new challenges for sustainability in the local market. Academics at the University of Sydney spent five years tracking the world economy
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 ...
Despite the first-ever negative return in 2011 in three years as well as continuing bearish run, Colombo Stock Exchange (CSE) Chairman Krishan Balendra has expressed optimism going forward given the planned fundamental transformation as well as other developments. Here is the full text of CSE Chairman Balendra’s review in the 2011 Annual Report, released ahead ...
Bold measures The Government of Sri Lanka introduced a number of bold macroeconomic stabilisation measures in February/March 2012. These were necessary as the country was on a trajectory to a very destructive balance of payments crisis. It is still too early to determine whether enough has been done to stabilise the balance of payments, particularly ...
I refer to your ‘Letter to the Editor’ on 31 May 2012. It is surprising that an economist of Dr. P B Jayasundera’s calibre and experience would need to be told that protectionism is not the right tool for increasing local production and exports. However, when I saw the name of the author of the ...
A doubting Thomas sent an email about last week’s piece; “A minister and IGP stuck in traffic!!!” he exclaimed. “In Sri Lanka?” another heaped sarcasm. Ok, I made that bit up! IGP called this morning; said that he would fix it. I made that up too. Here’s a cracker! The first ‘Ball Guard’ was used ...
Historically, capital markets have played an important role in the development of market economies and therefore the development of efficient regulation of securities too has become increasingly important. While fostering the development of the economy, the capital markets also play
Fuel prices are again the topic of public debate. Even Parliament had a discussion over it, with the Opposition calling for a reduction in prices but the Government hedging against passing on the savings from a global cost decrease to cover at least part of the Rs. 60 billion losses incurred over successive years by ...
Role of infrastructure Development economists and agencies have considered infrastructure and human resource development to be at the centre of the development process. Infrastructure refers, in this note, to physical structures, such as roads, electricity, irrigation, water and sanitation and telecommunication. Role of infrastructure Development economists and agencies have considered infrastruct...