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The Sri Lanka Foundation (SLF), the centre for leadership, education and training, last week signed a MoU with the Asian Institute of Technology (AIT). It is envisaged that this important step of the SLF will enhance international collaboration and establish cooperation between AIT and SLF in realising the objectives of both SLF and AIT from ...
- International Campus (Category: Business)
- Sri Lanka Foundation Language Unit launched (Category: Business)
- Sri Lanka Foundation and Shippers’ Academy partner to boost training (Category: Business)
A sensational new offer from Emirates is likely to arouse the travel bugs among Sri Lankans in the month ahead. Sri Lanka-resident members of Skywards, the frequent flyer programme of the award-winning airline, can now save on fares to three popular destinations by paying part of the fare with accumulated Skywards Miles under this offer. ...
- Double the Skywards Miles offer (Category: Business)
- Emirates offers special student fares to UK (Category: Business)
- Emirates unveils special Economy and Business Class fares in Colombo (Category: Business)
- Emirates offers more bonus miles for travel booked in October (Category: Business)
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)
One of the largest healthcare systems providers in Sweden, Cambio Healthcare Systems has set up a research and development centre in Sri Lanka and is now poised to expand further with the vision of being the leading healthcare systems provider in the Nordic regions. “Cambio Healthcare Systems is currently one of the largest e-Health providers ...
- Sweden’s Cambio Healthcare Systems Expands In Sri Lanka (Category: Business)
- Another success story for IIT (Category: Business)
- Swedish BOI enterprise Cambio Healthcare Systems expands its operations in Sri Lanka (Category: Breaking News)
- Browns Group FY12 revenue tops Rs. 14 b (Category: Business)
The Tokyo Stock Exchange (TSE), which is the third largest equity/stock market in the world with a total market capitalisation of US$ 3.3 trillion, has expressed interest to have Sri Lankan listed corporates on the Colombo Stock Exchange (CSE) to be listed on the TSE as Japanese Depository Receipts (JDRs), stated Ambassador of Sri Lanka ...
- Listing Of SL Corporate In TSE (Category: Breaking News)
- Luminex Limited starts trading at after raising Rs.250 million via IPO (Category: Breaking News)
- Sri Lankan firms raise Rs. 45 billion via IPO’s & Rights issues in 2011 (Category: Breaking News)
- SEC issues directive on trading of warrants (Category: Business)
By Shanuka Tissera Amendments to the Petroleum Products (Special Provisions) Act have been finalised and approved by the Attorney General. It is expected that both bills will be presented to Parliament shortly for enactment. Pending the enactment of new legislations, the Cabinet of Ministers has appointed the Public Utilities Commission of Sri Lanka (PUCSL) as ...
- Lanka Lubricants losing market share at a slower pace: Arrenga Capital (Category: Business)
- In-depth workshop on lubricant industry today (Category: Business)
- The Petroleum Bill – its quiet passage and disquieting politics (Category: Breaking News)
- Caltex unveils ‘Delo Sports Synthetic Blend SAE 10W-30’ (Category: Business)
The Board of Investment (BOI) hosted last week a high-powered visiting delegation from South Africa led by Deputy Minister of Economic Development MP Prof. Hlenginwe Mkhize, Ambassador of South Africa in Sri Lanka Geoff Doidge, A.N.C National Coordinator and former Minister Renier Schoeman and 30 officials of the ANC and entrepreneurs from South Africa. The ...
- South Africa in unprecedented foray into SL, starts entry with $ 122 m (Category: Business)
- Top South African biz team coming in Sept. (Category: Business)
- South African delegation begins major B2B talks (Category: Business)
- Powerful South African biz delegation in town today (Category: Business)
Sri Lanka Insurance Corporation (SLIC) 2011 Annual Report won two prestigious awards at the recently held 2011 Vision Awards in New York. The awards – a Gold Award in the Insurance category and a Bronze Award for the most improved Annual report in the Asia Pacific region – are especially significant as the Annual Report ...
- SLIC Wins At LACP Vision Awards 2011 (Category: Business)
- DCSL still waiting for Govt. to repay SLIC profits earned (Category: Business)
- Sri Lanka Insurance’s Chairman’s Club members awarded with gold sovereigns (Category: Business)
- SLIC wins Best Insurance Company award (Category: Breaking News)
A Memorandum of Understanding (MOU) was entered into between the Ministry of Health and the National Health Development Fund on behalf of the Government of the Democratic Socialist Republic of Sri Lanka (GOSL) and the Trustees of the Foundation Supporting a National Trauma Service in Sri Lanka, Victoria, Australia (Project BEAP), which is a charitable ...
- Radiation treatment centre to be set up in North (Category: Business)
- North Central Mega Development (Category: Business)
- Saudi offers Rs. 7.6 b financial assistance to upgrade road network (Category: Business)
- India to repair 79 schools in north with Rs. 187 m investment (Category: Business)
The first Prime Minister of independent India, Pandit Jawaharlal Nehru, wrote 75 years ago: “It would be absurd to say that the profit motive does not appeal to the average Indian, but it is nevertheless true that there is no such admiration for it in India as there is in the west. The possessor of ...
- Corporatism: A step beyond state capitalism (Category: Business)
- The rise of State capitalism: new masters of the universe or an ominous portent? (Category: Business)
- Impunity: Unequal before the law (Category: Business)
Power of the village One of the most respected business personalities that Sri Lanka has produced to the multinational belt of companies is Lalith De Mel, better known as J.C.L. De Mel. I was blessed to have had the exposure of being trained by him during the times that he was the Global Director for ...
- Vavuniya: Sri Lanka’s best on poverty at 2.3% (Category: Business)
- 2011: Power achievements for Sri Lanka, but… (Category: Business)
- Revolutionising Sri Lanka’s agricultural rupee (Category: Business)
- Hayleys recognised as Sri Lanka’s most nation-minded corporate entity (Category: Business)
South Africa, Sri Lanka’s leading trade partner in Sub-Saharan Africa and the third most competitive economy in the $ 13.7 trillion BRICS grouping, is making an unprecedented investment foray into resurgent Sri Lanka with no less than a $ 122 m initial investment –and is scheduling
- Powerful South African biz delegation in town today (Category: Business)
- South African delegation begins major B2B talks (Category: Business)
- Top South African biz team coming in Sept. (Category: Business)
- South Africa keen to explore business opportunities in Sri Lanka (Category: Breaking News)
Incident could affect Madurai getting international connectivity: Trade bodies The Hindu: The recent tension over the presence of Sri Lankans in Tamil Nadu has caused trade bodies in southern districts worry over the prospects of international connectivity for Madurai as the first full-fledged international flight was scheduled from Colombo on 20 September. While not going ...
- TNCCI concerned over attack on Sri Lankans (Category: Business)
- Mihin Lanka to operate first international flight out of Madurai (Category: Business)
- Doubts over the upcoming Madurai – Colombo flight (Category: Breaking News)
- Long-awaited flight to Lanka may commence in September (Category: Breaking News)
2012 unlikely to match up to 2011 tea revenue; stakeholders’ voice uncertaintya By Cheranka Mendis The tea industry which brought in revenue of approximately US$ 675 million within the first six months of this year – US$ 50 million below the revenue collected in the same period in 2011 – is likely to fall short ...
- Hub is no hoodoo, says TEA (Category: Business)
- Tackling tea travails (Category: Business)
- Tea exporters want Gota to defeat mafia (Category: Business)
- Industry discusses Ceylon Tea’s ‘ExclusiviTea’ (Category: Business)
A salutary reader interest on share market regulation A reader of the previous week’s My View titled ‘SEC: Not a mere watchdog, but a bloodhound mandated to bite’ has raised an important issue with this writer. He has asked the question why it is necessary to have a regulator to police the financial markets and ...
- The ability to save (Category: Business)
- Of Confidence Tricksters and Ponzi Schemes (Category: Breaking News)
- Pyramid schemes galore in rural areas where financial literacy is low– Police spokesman (Category: Breaking News)
- Need To Restrain The Power Of Shadow Finance (Category: Breaking News)
Reuters: Sri Lanka’s economic growth this year may range between 6.7% and 7.2% depending on the impact of a drought that has lasted since the beginning of the year, Treasury Secretary Dr. P.B. Jayasundera said on Thursday. The Central Bank has forecast 7.2% economic growth this year, after revising it down in March from the ...
- Central Bank emphatic dollars are coming (Category: Business)
- Appreciating the exchange rate to create prosperity (Category: Business)
- ComBank records highest growth in ‘Inter-Bank Electronic’ payments (Category: Business)
- The Contribution Of The Monetary Policy For Overcoming The Current Economic Crisis Faced In Sri ... (Category: Breaking News)
Wins two Presidential Travel and Tourism Awards SriLankan Airlines was named ‘Airline of the Year’ for the fourth consecutive year at the SriLankan Tourism Awards 2011, firmly emphasising the National Carrier’s pivotal role in the growth of Sri Lanka’s tourism industry. SriLankan Airlines is proud to serve as a pillar of strength to Sri Lanka’s ...
- SriLankan Airlines wins KLIA Award for sixth time (Category: Business)
- SriLankan Airlines’ IAA completes first TAASL member agent training program (Category: Business)
- 78 graduate from the TAASL training program (Category: Business)
- London Taxis roam with SriLankan branding (Category: Business)
By Shanuka Tissera A very determined large business delegation from South Africa landed in Sri Lanka for a five-day tour, geared to heavily increase bilateral trade between the two countries. Exchanging of the MoU between Minister of Economic Development South Africa Prof. Hlengiwe Buhle Mkhize and Deputy Minister of Economic Development Sri Lanka Lakshman Yapa ...
- Top South African biz team coming in Sept. (Category: Business)
- ANC business delegation visits Sri Lanka (Category: Breaking News)
- Powerful South African biz delegation in town today (Category: Business)
- South Africa keen to explore business opportunities in Sri Lanka (Category: Breaking News)
By Cassandra Mascarenhas Offering an insightful view into international trade law and electronic transactions across borders, the second and final day of the regional expert consultation on connecting Asia-Pacific’s digital society for building resilience organised jointly by the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP) and the ICT Agency of ...
- Building resilience in Asia Pacific’s digital society (Category: Business)
- Broadband will represent momentous change: President’s Secy. Weeratunga (Category: Business)
- Economy to benefit from ICT and telecom growth says Alcatel-Lucent (Category: Business)
- Bridging the global digital divide (Category: Business)
By Cassandra Mascarenhas Sri Lanka’s biggest ICT events of 2012, the ASOCIO international conference and the country’s national IT expo INFOTEL, will be held consecutively portraying the country’s persistent ICT development and the significance of the rapidly expanding industry. Hosted by the Federation of Information Technology Industry (FITIS), the Asian-Oceanian Computi...
- Nominations called for ICT Lifetime Achiever 2012 (Category: Business)
- Sri Lanka re-elected as Chair of UNESCAP ICT Committee third time (Category: Business)
- Microsoft Sri Lanka Partners ICTA for FutureGov SAARC Summit 2012 (Category: Business)
By Cassandra Mascarenhas Bridging the digital divide in the region and aiming to boost sustainable development through the ICT revolution that is now unravelling in the world, of which the Asia Pacific has been a key beneficiary, the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP) and the ICT Agency of ...
- Broadband will represent momentous change: President’s Secy. Weeratunga (Category: Business)
- Creating digital inclusion and regional connectivity (Category: Business)
- UNESCAP expert group meets in Colombo on 5-6 Sept. (Category: Business)
- FutureGov SAARC Summit 2012 begins today (Category: Business)
Lanka Exhibition and Conference Services (LECS) won the Tourism Award for the Best Professional Exhibition Organiser, for the fourth consecutive year at Tourism Awards 2011. LECS was the winner of the prestigious awards for the past three consecutive years resulting in the company being inducted into the Hall of Fame. The organisation, which has a ...
- Tourism awards for Hobart (Category: Australia, Tasmania )
- Boost for North via Jaffna International Trade Fair 2012 from 20 to 22 Jan (Category: Business)
- SriLankan lauded for role in Tourism Promotion (Category: Breaking News)
- 11th IIFA awards to be held in Sri Lanka (Category: Breaking News)
The much-longed-for monsoon rains are lashing at the capital Colombo and other parts of the south west as Sri Lanka gears up for yet another provincial election and international challenges pertaining to its post-war accountability and reconciliation plans in the days and weeks ahead. The much-longed-for monsoon rains are lashing at the capital Colombo and ...
- Sri Lanka's main opposition accuses government of using sacred relics for election propaganda (Category: Breaking News)
- Kapilavastu Relics exposition in SL after 33 years (Category: Breaking News)
- India rejects request for Kapilavastu exposition at Temple Trees (Category: Breaking News)
- Towards impunity and democratic erosion (Category: Business)
Sincere apologies, Hamlet! This distortion is to highlight the current impasse and to stress the need for thinking beyond short-term situational measures. The impasse is in getting the public university system going and in dealing with demands without forgetting that there is a nation in waiting and the vision for it involves that it should ...
- This Fourth of July! (Category: Business)
- Education reforms for ‘disciplined development’ in Sri Lanka (Category: Business)
- Universities in crisis: Key learnings (Category: Business)
- Nation branding: A holistic perspective (Category: Business)
Government agencies are among the most complex organisations in nearly every country in the world. They often are large, have multiple objectives, and face increasing demands to deliver more services at a lower cost. As a result of this complexity, a government is faced with many organisational issues, including: redesigning their organisations and their interaction ...
- Private Sector Health Service Act to be Reviewed (Category: Breaking News)
- Union slams redundancy plans (Category: Western Australia)
- Due place given to the public and private sectors (Category: Breaking News)
- Ontario taxpayers finance Highway 401 service centre makeovers (Category: Canada, Ontario)
SRI LANKA’S rubber industry is wary over the possibility of increased prices as the world’s top producers gather to stabilise global prices this week, raising age old questions over productivity, replanting, value addition, technology infusion and a host of other issues. The Three-Nation Rubber Products International Conference in Bandung, Indonesia, this week will see ...
- Global rubber output seen up 2.6% in 2012: ANRPC (Category: Business)
- 2012 global rubber output forecast cut after Q1 fall (Category: Business)
- Ministry takes steps to increase production of rubber (Category: Business)
- CRTA wary on prices as major rubber producers curb exports (Category: Business)
The SAFA-CMA Management Accounting Summit 2012 held in June this year revolved around the theme ‘Corporate Social Responsibility and Sustainability Practices,’ of which the highlight was the final session of the two-day summit, the CEO and CFO Forum. The panel featured Dialog PLC Group CEO and Managing Director Dr. Hans Wijayasuriya, John Keells Holdings Finance ...
- SAFA-CMA Management Accounting Summit 2012 (Category: Business)
- Aitken Spence Hotels observe Earth Hour 2012 (Category: Business)
- Leading corporates commit to embedding ‘Global Compact and Sustainability’ (Category: Business)
The Central Bank of Sri Lanka is hosting the 22nd Asian Credit Supplementation Institution Confederation – Annual Training Program (22nd ACSIC – ATP) on 03rd and 04th of September 2012 at the John Exter International Conference Hall, Central Bank of Sri Lanka, Colombo. Central Bank of Sri Lanka has been a member of ACSIC from ...
- On 22nd Amendment To The Constitution (Category: Breaking News)
- Sri Lanka Ranks 22nd in Global KPMG – ODI Change Readiness Index (Category: Business)
- 22nd Amendment to the Constitution gazetted (Category: Breaking News)
- Bipartisanship Beyond 22nd Amendment Is Needed (Category: Breaking News)
A recent briefing for the press on a recent cabinet meeting and the decisions taken referred to the introduction of legislation to regulate microfinance institutions to ensure financial stability in that sector. This is the third attempt to have draft legislation prepared. The first attempt was totally rejected by stakeholders in the microfinance sector. At ...
- Finance: Restrictions on use of the word (Category: Business)
- Unregulated microfinance - A high-risk strategy (Category: Business)
- Micro finance: As India moves forward, Sri Lanka stagnates (Category: Business)
- The ability to save (Category: Business)
By Reshma Kapadia Emerging Markets Daily: With so much angst over India, some investors are looking for other ways to play the subcontinent and setting their sights on Sri Lanka. The country, a major shipping hub attracting a good deal of investment from China, is rebuilding after a three-decade civil war that left parts of ...
- Sri Lanka's time to bloom has come (Category: Breaking News)
- Russia expresses support to Sri Lanka in all its efforts (Category: Breaking News)
- 'Sri Lanka beginning to shine as glamour centre' (Category: Breaking News)
- Sri Lanka’s per capita income to rise to US $6000 – Central Bank Governor (Category: Breaking News)
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