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- www.ft.lk - Category : Business - Relavancy : 0.072498776

Could water related industries bring new waves of prosperity to Sri Lanka? International experts seem to think so. Visiting international marina consultant and developer, Simon J. Arrol, Managing Director of Arrol Ltd in Jersey has outlined exciting potential for Sri Lanka to Industry and Commerce Minister Rishad Bathiudeen. Arrol, believes marinas are the boat parks ...

- www.ft.lk - Category : Business - Relavancy : 0.08788179

Doha: President Mahinda Rajapaksa vowed to turn his country, recovering from three-decade long terrorism, into an economic and commercial hub of the region. Addressing the 12th Doha Forum and Enriching the Middle East’s Economic Future Conference at the Doha Sheraton Hotel on Sunday (20) morning as an international Guest of Honour, President Rajapaksa said Sri ...

- www.ft.lk - Category : Business - Relavancy : 0.041427873

SEC, CSE and CSBA hold positive joint meetingThe stock market is likely to step up the migration to Delivery Versus Payment (DVP) system in a more robust risk management regime following the fiasco triggered by the default of National Savings Bank (NSB). Daily FT learns the DVP as well as a more robust risk management ...

- www.ft.lk - Category : Business - Relavancy : 0.051784843

Boating industry thanks Industry Minister for strong support Sri Lanka enters prestigious International Boating Industry Magazine rankings Sri Lanka’s commercial boat sub-sector reporting stronger international orders from Asia, Africa and ME Introducing a much-sought-after measure of relief to Sri Lanka’s boating industry, the country will now introduce tax on boat imports that are la...

- www.ft.lk - Category : Business - Relavancy : 0.072498776

The Foreign Minister of Singapore will be visiting Sri Lanka from 26 May to 2 June 2012 accompanied by a high-powered delegation from the Singapore Business Federation (SBF).   One of the key expectations of the delegation is to establish mutually-beneficial relationships with key Government officials as well as the Sri Lankan business community during ...

- www.ft.lk - Category : Business - Relavancy : 0.051784843

Ceybank and BOC open corporate office and extension office in Ward Place By Cheranka Mendis  Sri Lanka’s unit trust industry aims to grow to a Rs. 50 billion industry within the next five years. Even though the industry is at a very early stage at present, the potential to grow is huge, said Ceybank Asset ...

- www.ft.lk - Category : Business - Relavancy : 0.07175518

The ASEAN summit recently concluded in Phnom Penh, Cambodia, and I was invited to speak at a leadership forum and a youth roundtable dialogue that were held in conjunction with the ASEAN summit. I had the honour of sharing the platform with many distinguished personalities from the region, many of them considered ASEAN experts. By ...

- www.ft.lk - Category : Business - Relavancy : 0.08788179

WASHINGTON: External Affairs Minister Prof. G.L. Peiris opened a four-day, official visit to Washington, DC Tuesday with a series of meetings with key US Senate leaders and a talk on Sri Lanka’s post-conflict redevelopment and reconciliation programs, emphasising that lasting peace, stability and growth in Sri Lanka will be achieved through home-grown solutions, not those ...

- www.ft.lk - Category : Business - Relavancy : 0.3779936

Tourism has emerged as an extremely important sector in the economy from a number of perspectives in post-conflict Sri Lanka. It is important as a potential source of growth, employment and foreign exchange. The sector has seen impressive recovery since the end of the conflict. Arrivals

- www.ft.lk - Category : Business - Relavancy : 0.082855746

To strive in the corporate world the entity must be the best in its game. Progression towards being the better business requires effectiveness in all areas. Improvement, growth, development, advancement, no matter how you choose to define it, the effective entity must always be open to change through a positive mindset: establishing the power of ...

- www.ft.lk - Category : Business - Relavancy : 0.10763277

The UNESCAP recently released its publication, ‘The Economic and Social Survey of Asia and the Pacific 2012 – Pursuing Shared Prosperity in an Era of Turbulence and High Commodity Prices,’ and the global launch took place simultaneously in all ESCAP member countries on 10 May. Speaking at the launch in Bangkok, the Executive Secretary of ...

- www.ft.lk - Category : Business - Relavancy : 0.10763277

The Business Software Alliance (BSA) reported yesterday in the 2011 BSA Global Software Piracy Study that Sri Lanka has recorded a further 2% point drop in its PC piracy rate in 2011, bringing the rate down from 86% last year to 84% this year.   The only other Asian countries that achieved a similar two ...

- www.ft.lk - Category : Business - Relavancy : 0.14499755

Carson Cumberbatch joined hands with the Ceylon Chamber of Commerce as the Platinum Sponsor of the Sri Lanka Economic Summit 2012, the key corporate forum in the country’s business calendar. For the 13th consecutive year, the Sri Lanka Economic Summit will be held on the 10, 11 and 12 July 2012 at the Cinnamon Grand, ...

- www.ft.lk - Category : Business - Relavancy : 0.08788179

A Japanese business delegation led by Chairman of the Japan-Sri Lanka Business Cooperation Committee and Senior Corporate Advisor to Itochu Corporation of Japan Kouhei Watanabe met Minister of Economic Development Basil Rajapaksa at the Ministry of Economic Development yesterday. Watanabe said the Japan Sri Lanka Business Cooperation Committee was working toward promoting investment and trade ...

- www.ft.lk - Category : Business - Relavancy : 0.06214181

DHL GOGREEN Carbon Neutral Service becomes positive asset for international financial service sector DHL’s pioneering carbon offset solution DHL GOGREEN Carbon Neutral service is a positive new asset for environmentally-savvy financial institutions. DHL, the world’s leading logistics company, has contracts with several major banks for DHL GOGREEN Carbon Neutral services regionally and ...

- www.ft.lk - Category : Business - Relavancy : 0.1621122

Kalpana Kochhar, the Chief Economist for the South Asia Region of the World Bank, is scheduled to deliver the keynote address at the inauguration of the Sri Lanka Economic Summit 2012. Kochhar will deliver her address on ‘Emerging Global & Regional Prospects and the Benefits of Regional Cooperation’. The inauguration ceremony will be held on ...

- www.ft.lk - Category : Business - Relavancy : 0.06214181

The Sri Lanka Institute of Marketing (SLIM) at its 42nd annual general meeting elected a new Executive Committee for the ensuing year. President Tilan Wijeyasekera pledged to continue the SLIM traditions built up over the past four decades and work to a planned programme setting goals and objectives which can be achieved in the course ...

- www.ft.lk - Category : Business - Relavancy : 0.082855746

 Admits growth may be slower but insists that all assistance will be given for investment Despite a growth downgrade in 2012, Central Bank Governor Ajith Nivard Cabraal insists that the Government is focused on encouraging private sector investment and will provide maximum assistance. Cabraal made these points as the Guest Speaker at the American Chamber ...

- www.ft.lk - Category : Business - Relavancy : 0.10252876

The Ceylon National Chamber of Industries (CNCI), the pioneering Industry Chamber in Sri Lanka has organised an interesting and stimulating seminar presentation on marketing and gaining access to western markets, EU and USA and the facilities and benefits available to Sri Lankan industry and manufacturing sectors. The seminar presentation is expected to take place on ...

- www.ft.lk - Category : Business - Relavancy : 0.051784843

Still recovering from decades of civil war, Sri Lanka has attracted some private equity interest but firms have found it hard to rally LP support for the country   PE Asia: Sri Lanka’s golden sandy beaches lie not 50 kilometres from India’s closest point, but the distance between the two countries’ private equity markets is ...

- www.ft.lk - Category : Business - Relavancy : 0.051784843

Mr. Thilak Karunarathne Chairman, Securities Exchange Commission,Colombo. Dear Sir, Re: SEC inquiry connected with the stock exchange transaction where the National Savings Bank acquired shares of The Finance Company I wish to hail your expressed commitments to initiate with urgency a comprehensive inquiry connected with the stock exchange transaction where the National Savings Bank acquired ...

- www.ft.lk - Category : Business - Relavancy : 0.051784843

A niche player in the field of insurance for over a decade in Sri Lanka, Asian Alliance Insurance (AAI) continues to forge ahead, keeping up and even surpassing those who’ve previously held strong in the industry. At an interview, AAI General Manager – Marketing & Sales Chula Hettiarachchi revealed the record performance of AAI Life ...

- www.ft.lk - Category : Business - Relavancy : 0.07323483

Warns that countries need tough policy changes to stimulate waning growth By Cheranka Mendis Asia Pacific faces another year of tough policy changes to stimulate growth, with Sri Lanka in particular having to manage monetary policy, control inflation, provide jobs for youth and reduce high inequality, it was revealed in a report released yesterday. The ...

- www.ft.lk - Category : Business - Relavancy : 0.14499755

By Cheranka Mendis ESOFT, the leading high quality education provider in ICT, Business and English, yesterday announced the conversion of the Diploma in Information Technology (DITEC) to an internationally-recognised one with an accreditation coming from UK’s largest awarding body, Edexcel. With the Government identifying IT as a sector that needs immediate development along with English, .....

- www.ft.lk - Category : Business - Relavancy : 0.06214181

The three winners of Sri Lanka Science and Engineering Fair (SLSEF) 2011 – Chathura Saman Kumara from Pinnawala Central College, Rambukkana, Maleen Wijeratna from Maliyadeva College, Kurunegala, and a team comprising Pipunika Vimanthi Silva and Nipun Kavishka Silva from De Mazenod College, Kandana – will travel to Pittsburg, PA in the USA to represent Sri ...

- www.ft.lk - Category : Business - Relavancy : 0.05858786

ISMM President Danesha Perera and Senior Delegate and Past President Gerry Hidelaratchi attended the International Federation of Purchasing and Supply Management (IFPSM) Asia Pacific Council Meeting in Manila, Philippines on 22 and 23 April. The Asia Pacific Council Meeting was organised by the Purchasing Institute Supply Management (PISM) in Philippines under the guidance of the ...

- www.ft.lk - Category : Business - Relavancy : 0.09321272

I first visited Sri Lanka in 1997, shortly after a rebel bombing of the central bank headquarters had thrown the financial system into chaos. Military checkpoints made travelling around the capital city of Colombo rather punishing, but the overwhelming impression was of an utterly charming island and talented people trapped inside a seemingly endless civil ...

- www.ft.lk - Category : Business - Relavancy : 0.3149947

CB gives appraisal on economy, admits 2012 start under pressure but insists new policies have smoothed road ahead   By Uditha Jayasinghe Regardless of emerging pressures, the Central Bank is confident that Sri Lanka will be able to weather economic storms in 2012, a top official said yesterday

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- www.ft.lk - Category : Business - Relavancy : 0.3149947

The IMF’s recently released Asia and Pacific Regional Economic Outlook (REO) shows the region continuing to lead global growth and expected to gain momentum over the course of 2012. This forecast, however, remains subject to downside risks related to the global economy, including

- www.ft.lk - Category : Business - Relavancy : 0.082855746

Sri Lanka hopes to continue its relationship with the International Monetary Fund (IMF) to boost foreign investment even after a US$ 2.6 billion Stand-By agreement ends in July, the Central Bank Governor said yesterday. Despite tenuous interaction in the past, Central Bank Governor Ajith Nivard Cabraal insisted that discussions with the IMF on a long-term ...

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