@2022 - All Right Reserved. Designed and Developed by Rev-Creations, Inc
1469 results found in 1563 ms
Page 7 of 49
South Africa will extend its fullest cooperation for Sri Lanka’s reconciliation process and its drive for economic development according to Deputy Minister of International Relation and Cooperation Republic of South Africa Ebrahim Ebrahim when he met Senior Adviser to the President and Minister of Economic Development Basil Rajapaksa at the Ministry of Economic Development on ...
Aitken Spence managed Elpitiya Plantations PLC, which comprise of 16 estates of tea, rubber and palm oil and spread across three regions of Sri Lanka was awarded the prestigious ‘National Plantation Award 2012 for Generating Hydro Power of RCP sector’ by President Mahinda Rajapaksa at the National Plantation Awards 2012, held recently. The award ceremony ...
A blazing opening stand between Tamim Iqbal and Kamran Akmal made a chase of 180 seem a cakewalk, as Wayamba United crushed Uthura Rudras by nine wickets, with four balls to spare at the R Premadasa Stadium in Colombo yesterday. Tamim savaged an unbeaten 93 from 61 deliveries, while Kamran made 79 from 55. The ...
Management research is a part of the wider array of research. Whilst positive initiatives are being taken, current situation with respect to research in Sri Lanka is far from a satisfactory level. Today’s column will focus on management research in identifying seven myths associated. At a time where there is a growing awareness on management, ...
The Ceylon Tobacco Company (CTC) stood as a colossus in the Sri Lankan economy for many decades at a time when the private sector in Sri Lanka did not have much to boast about. Silently, CTC pushed on and today boasts a history of 85 years. As the company reached 80 years, it was felt ...
Team Invictus from HSBC Data Processing Lanka Ltd emerged as the winner of the first Megamind 2012 quiz competition organised by SLASSCOM (Sri Lanka Association of Software and Services Companies) was held recently at the Park Street Mews Warehouse. The first and second runners up were teams from Amba Research and Dialog Axiata respectively. The ...
Kurunegala District Women’s Chamber of Commerce, Industry and Agri Business, one of the member chambers of Federation of Chambers of Commerce and Industry of Sri Lanka (FCCISL) has organized a convention on “Development of Floriculture Sector” on 31st of July 2012, at Kurunegala. Objectives of organizing a convention are to identify sector issues, finding solutions, ...
Adds 10MW of renewable, sustainable energy to National Grid Nirmalapura Wind Power (Pvt) Ltd. commenced commercial operation yesterday and is expected to add 10 megawatts to the National Grid through its wind turbine generators. The venture is the latest step towards boosting the power requirements of the nation through renewable and sustainable ‘green’ energy. Green ...
Their share in GDP may be shrinking but people in the Western Province got richer last year, whilst the post-war rebounding north clocked the highest growth in nominal terms. The per capita income of the Western Province amounted to Rs. 491,000 in 2011, up by near 15% from Rs. 428,000 whilst its overall GDP grew ...
Supplementary budget worth Rs. 14 b before Parliament Sluggish revenue, high imports widen budget gap; full year target under threat January-April deficit already 61% of 2012 target The Government, already struggling to keep its budget deficit to a size agreed on with the International Monetary Fund, presented a plan for more spending this year, a ...
The Singer Group’s recently released results showed that it continued its growth momentum with 2012 first half revenue up 23% to Rs. 12.6 billion and net profit by 21% to Rs. 680 million over the corresponding period of last year. The Group’s results in the first half were impressive considering that they were achieved despite ...
The office bearers of the Sri Lanka-China Business Council (SLCHBC) of the Ceylon Chamber of Commerce paid a courtesy call to the newly appointed Ambassador of the People’s Republic of China Wu Jianghao in Colombo. The visit intended to renew the strong ties established between the Council and the Embassy of China in Colombo. Recalling ...
The country has entered into an era that was not witnessed for past 25 years. Growth rates of the economy cannot even be compared during this period as the ground situation in micro terms have changed drastically that was never before during a quarter of a century. The volatility and events
By Ashwin Hemmathagama Our Lobby Correspondent The Government has been repeatedly mentioning that the economy is in sound condition and reserves are very securely and lucratively invested. However, UNP MP Ravi Karunanayake moving yesterday’s adjournment motion accused the Government
Nations Trust Bank (NTB) opens the first ‘Nations Business Centre’ in the Eastern Province taking the total number of dedicated Business Centres for SME Customers to five. Key objectives of these centres are to provide a one-stop-shop for our SME customers, increase access to finance and build capacities among SME customers. Through the Nations Business ...
The 2012 Formula 1 Singtel Singapore Grand Prix with its signature mix of lights, glamour, and non-stop action, returns to the heart of the city at the Marina Bay Street Circuit from 21 to 24 September 2012. To witness Asia’s biggest sporting and entertainment event, Singapore Airlines will offer special all-inclusive packages to Formula 1 ...
By Cassandra Mascarenhas Promoting economic development in emerging countries by cultivating a new generation of young technology entrepreneurs, the Massachusetts Institute of Technology Accelerating Information Technology Innovation (MIT AITI) programme was held in Sri Lanka for the second year and the winners of a gruelling seven-week course were announced last week. Held in cooperation with ...
This may sound startling and an unwarranted call, but as extinction is forever, it is better to take heed before it is too late. Waiting for the reality to sink in and to derive some satisfaction by uttering didn’t I say so is not what one wants. People’s report on Sustainable Development written as a ...
Says policy measures yielding results, on track to realise macroeconomic targets; inflation a worry though confident of it remaining single digit The Central Bank yesterday kept the interest rate scenario unchanged, saying policy measures taken so far have yielded desired results whilst the country was on track to realise macroeconomic targets. In its post-August ...
Etisalat Sri Lanka makes solid contribution through growth in local market Abu Dhabi-based global telecommunications group, Etisalat announced a 17% net profit growth on quarterly consolidated revenue of AED 8.252 billion (approx. LKR 296.5 billion). The result was a combination of enhanced network readiness, the introduction of innovative services to drive data growth and increased ...
Announces first SAP Centre of Excellence, localised ERP solutions and ecosystem expansion By Cassandra Mascarenhas With the SAP Indian subcontinent emerging as the number one growth subsidiary amongst SAP’s worldwide operations in 2011 which continued in the first half of the next fiscal year, the software corporation kept to its promise of further expansion and ...
Text and pix by Harsha Udayakantha Peiris ‘Min Wisithuru 2012’, a three-day exhibition of ornamental fish, aquatic plants and accessories, organised by the Ministry of Fisheries and Aquatic Resources Development (MFARD) and the National Aquaculture Development Authority of Sri Lanka (NAQDA) commenced on 3 August 2012 at the Sri Lanka Exhibition and Convention Centre in ...
The world’s most awarded airline, Singapore Airlines is happy to offer promotional fares to 32 exciting destinations out of which 19 destinations are serviced by SilkAir. Attractive all–inclusive fares are on offer to Singapore, Vietnam (Ho Chi Minh City, Hanoi), Cambodia (Phnom Penh, Siem Reap), Indonesia (Jakarta, Surabaya, Manado, Medan, Pekanbaru,Solo City, Mataram, Balikapan, ...
RAM Ratings has called for right policy measures to diversify the country’s energy sources as well as increase private sector participation in the sector. This and several other key recommendations along with salient developments are highlighted in RAM’s energy sector update titled ‘Sri Lanka Power Sector – Firing the Rain’. The report said, drawing parallels ...
The Informatics Group has been a stalwart in the local and International arena in terms of the innovative software and hardware solutions that they offer. Their contributions to the banking, healthcare, finance and telecom industries have served to uplift these industries and maintain them on par with International standards. In fact the Informatics Group was ...
The Pathfinder Foundation (PF) welcomes IMF Country Director Dr. Koshy Mathai’s call for increased exports to India and China. Dr. Mathai, in his keynote address at the Annual General Meeting of the Exporters’ Association, stressed two interlinked themes that have been the subjects of several previous Economic Flashes and Economic Alerts: the decline in Sri ...
Playing off India against China and vice versa‘The Great Game’ was the name given to a diplomatic and military tussle between the British and Russian empires during the time of the British Raj in India for influence over what constitutes today’s central Asian states. Commonly known as the ‘Stan states,’ they were located along the ...
Whilst tracking the key moments of the London Olympics, I realised how reliant I was on the text updates that beeped on my Blackberry and then when time permits go to YouTube or the official websites to experience this key happening as it unfolds to the world. But, then I realised that my friends had ...
Diversified blue chip Aitken Spence Plc has reported a pre-tax profit of Rs. 918 million for the first quarter, a growth of 25%, over the previous year, while the Group’s revenue rose by 54% to Rs. 8.61 billion. Earnings per share for the quarter stood at Rs. 1.58, an increase of 16% over the corresponding ...
Sampath Bank is the Official Banker for Construct 2012 – the annual exhibition organised by the National Construction Association (NCASL). This year’s exhibition is being held for three days from 10 August at the Sirimavo Bandaranaike Memorial Exhibition Centre. It is a ‘first’ for Sampath since this is the first time that the bank is ...