Sri Lanka News Explorer
Last 7 Days
Older News
- Older than 2023-Dec (144)
Narrow by Category
- Business (144)
BRUSSELS (Reuters): Euro zone economic sentiment defied expectations of stabilisation and again fell sharply in September, underlining the economic gloom brought on by the sovereign debt crisis as the euro zone sinks into a recession. The European Commission’s monthly economic sentiment survey showed the index for the 17 countries sharing the euro falling to 85 ...
- Asian markets firmer as focus turns to FOMC from Greece (Category: Business)
- German Ifo business morale rises unexpectedly (Category: Business)
- Euro zone fears rattle global markets (Category: Business)
- Oil up despite weak Europe data (Category: Business)
Diesel and Motor Engineering PLC (DIMO) recently organised the second Tata Nano Mileage Challenge Rally for Tata Nano owners in Colombo. The rally was flagged off from Colombo, with the objective of raising customer awareness and reassuring the position of Tata Nano as the most fuel efficient passenger car in Sri Lanka. Twenty five Tata ...
- Will Nano succeed in Sri Lanka? (Category: Business)
- Nano Effort (Category: Business)
- Mercedes-Benz New Year Bonanza Winners Get Brand New TATA Nano Cars (Category: Business)
- Tata Nano Re-established As The Most Fuel Efficient Passenger Vehicle In Sri Lanka (Category: Business)
Global giant Standard Chartered Bank tips Sri Lanka’s economic growth to rebound in 2013, after contracting this year from 2011. It is forecasting economy to grow by 7.5% in 2013 and by 7.7% in 2014 from 6.8% this year. However, forecasts for the next two years are lower in comparison to record 8.3% growth achieved ...
- SCB checkmates cameo CB! (Category: Business)
- Value investors enter as speculators exit (Category: Business)
- Growth to slow down in 2012 –Central Bank (Category: Breaking News)
Reuters: Sri Lanka will cut spending from the 2012 budget to keep the fiscal deficit to a targeted 6.2%, the treasury secretary said on Monday, adding that growth may fall as low as 6.5%this year because of a drought and the global slowdown. By April this year, Sri Lanka’s budget deficit was 285.8 billion rupees ...
- State Brakes (Category: Business)
- Cabraal says change a reflection of success (Category: Business)
- UBS issues warning on Lankan economy (Category: Business)
- IMF and CB see eye to eye (Category: Business)
Reuters: Passenger jets could be chomping on straw or flying on fuel extracted from sawdust in coming years as the search widens for cleaner alternatives to kerosene, French scientists say. The “ProBio3” project, started in early July and co-financed by a French government economic stimulus programme, aims to use traditional horse-bedding materials to develop a ...
- Galle Fort to get green hydro-powered tuk-tuks (Category: Business)
- SignalGuru app helps drivers avoid red lights (Category: Business)
- SJB trade unionist raises queries over National Fuel Pass (Category: Breaking News)
- Warsaw Board Of Aviation Looks Ahead To New Year (Category: USA, Indiana)
Reuters: Researchers at the Massachusetts Institute of Technology have developed a system that uses dashboard-mounted smartphones to help drivers avoid red lights and reduce fuel consumption. The app called SignalGuru predicts when a traffic signal is about to change, and the speed
- Three Lankan sisters escape in accident in Dubai (Category: Breaking News)
- Fluke Networks unveils AirMapper App for Android smart phones (Category: Business)
- New app transfers money with the tap of a phone (Category: Business)
- Galle Literary Festival partners with Appwolf for iPhone App (Category: Business)
Reuters: Policymakers can learn from contrasting approaches to developing markets in energy efficiency, as interest grows in savings which boost competitiveness and security of supply while cutting fuel bills and carbon. That rising interest was illustrated by US President Barack Obama, in his Executive Order recently, for “Accelerating investment in industrial energy efficiency.” R...
- UK’s Green Bank to lend to wind, waste energy (Category: Business)
- Small hydro power developers face tough call (Category: Business)
- India’s G20 presidency will focus on green initiatives to project its soft power: Expert (Category: Breaking News)
The UNIDO focal point office in Colombo has successfully marshalled a US based top tier global fund for its pioneering bamboo initiative leading to large scale bio-mass alternative energy material growth in Sri Lanka. “We are highly encouraged by the strong co-financing support of the Global Environment Fund (GEF) headed by Jeffrey Leonard, whose firm ...
- UNIDO’s first Lankan bamboo industry initiative today (Category: Business)
- Lanka’s fledgling bamboo industry gets UNIDO backing, aims 10000 Ha coverage by 2018 (Category: Business)
- UNIDO launches $15.9m bamboo project (Category: Breaking News)
The place isn’t a paradise for minorities but the economy is recovering By Sam Baker Asuasentinel.com: The Government of Mahinda Rajapaksa in Sri Lanka has probably botched its dealings with the United States, the European Union and the United Nations. Still, the disenchantment with Colombo may be overblown three years after the end of the ...
- Army inquiry a delaying tactic: Human Rights Watch (Category: Business)
- President calls on diplomats to counter threats from pro-LTTE Diaspora (Category: Business)
- NGOs Call on U.S. to Establish International Accountability Mechanism on Sri Lanka at UN Human R... (Category: Breaking News)
- Rejected asylum seekers abused in Sri Lanka, says rights group (Category: Breaking News)
Despite a reversal in the rate of exports decline and evidence of some improvement, Sri Lanka is actively moving to help its exporters to face the global downturn, with a challenging new $ 12 b export goal set for 2102. “Since you, the distinguished exporters, who account for nearly 80
- US $ 12 b export target (Category: Breaking News)
- Third Exporters’ Forum forges ahead (Category: Business)
- Hayleys’ fibre sector companies bag triple at NCE Export Awards (Category: Business)
- Sri Lanka asks exporters to push product quality (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)
On Friday (7) afternoon, the eve of provincial council elections in three provinces, a certain gathering took place at 101, Rosmead Place, which houses the corporate offices of Democratic National Alliance (DNA) National List Parliamentarian, Tiran Alles. Consultations that lasted for hours, took place between Alles and UNP Deputy Leader Sajith Premadasa and a few ...
- Towards impunity and democratic erosion (Category: Business)
- Monsoons and elections (Category: Business)
- Election fever grips as political parties begin campaigning (Category: Business)
- Outside conspiracies will not be allowed – Mahinda (Category: Business)
Reuters: Saudi Arabia is concerned about high oil prices and will take steps to moderate them, its oil minister said, in a statement that some in the oil market read as a signal to consumer nations that there is no need to release emergency oil reserves. “Saudi Arabia is concerned about rising oil prices in ...
- OPEC crude output surges to 31.4m bpd in March (Category: Business)
- BPD investigate misconduct related to COVID-19 vaccine deployment (Category: USA, Maryland)
- BPD investigate misconduct related to COVID-19 vaccine deployment (Category: USA, Maryland)
- BPD investigate misconduct related to COVID-19 vaccine deployment (Category: USA, Maryland)
Going back to basics is the way out With climate change being a key concern among the community, Ratnapura Tea Research Institute Senior Research Officer Dr. M.A. Wijeratne noted that general tea cultivation would be disrupted in the coming years due to global warming. Possible impacts Discussing the potential impacts as predicted by scientists, Dr. ...
- Challenges of climate adaptation (Category: Technology)
- USAID’s Accelerator Programme showcases innovative entrepreneurs supporting climate resilient ap... (Category: Breaking News)
- Industry discusses Ceylon Tea’s ‘ExclusiviTea’ (Category: Business)
- A daily cup of tea, for a healthy heart and body (Category: Business)
By Shanuka Tissera One of the country’s largest apparel exporters, Brandix, has successfully shown how eco-friendly solutions can be adopted by a large scale enterprise to not only reduce their carbon footprint, but prove a positive correlation between reducing carbon emissions and innovating planning resulting in heftier revenue streams. Brandix Lanka Head Environment and Energy ...
- Brandix factory in Bangladesh achieves eco milestone (Category: Business)
- Asia’s first carbon neutral IT company launches in Sri Lanka (Category: Business)
- Going Green (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)
Reuters: When the Nissan Motor Co compact sedan Sentra rolls into U.S. showrooms in the fourth quarter, consumers may notice that it looks a lot like its bigger stable mate, the recently introduced Altima. Nissan is pinning expectations of increased Sentra sales for the all-new Sentra in part on the more aerodynamic design and resemblance ...
- Nissan unveils sleeker Pathfinder SUV (Category: Business)
- Nissan Note aims to beat Japan laggard tag (Category: Business)
- Honda needs new Accord to be a hit in US (Category: Business)
- Automakers rev up new model rollout in US – study (Category: Business)
The Sri Lanka Institute of Marketing (SLIM) together with the Bucks University featured the 2012 award winners from Singapore of global business associations and chief marketing officers under the theme ‘Is The Party Over?’ at Galadari Hotel, where a select audience of 200 business and marketers attended the event. Some of the key points discussed ...
- Honoured for driving marketing in Sri Lanka (Category: Business)
- New tea industry model: By default? (Category: Business)
- Focus on the magic than logic (Category: Business)
- Sri Lanka can be a top 30 country by 2015 (Category: Business)
SriLankan Airlines enters the new age of ‘iPad electronic flying’ by switching from using bulky mandatory paper manuals, to a sleek 662 gram iPad, as SriLankan becomes Asia’s first airline to use the iPad Electronic Flight Bag (EFB) starting 29 August 2012. Pilots no longer need to lug 84 kilograms of paper manuals from aircraft ...
- SriLankan enters the new age of iPad electronic flying (Category: Breaking News)
- SriLankan introduces “Paperless Flight Decks” with iPads (Category: Breaking News)
- SriLankan Airlines turns 33 (Category: Business)
- SriLankan Flight Academy opens heralding a new era in aviation training (Category: Business)
Reuters: A European crackdown on pollution from ships will require billions of dollars worth of investment by shipping firms on filter technology and by refineries on upgrades to produce cleaner fuels – burdens they can ill afford. The shipping industry is already struggling due to poor global demand and overcapacity, which have pushed freight rates ...
- Maersk confident giant ships won’t ruin market (Category: Business)
- Ship owners stress role in delivering green growth at Rio +20 Summit (Category: Business)
- Asia distillates: Margins slip on excess supply (Category: Business)
- Intertek Lanka Petroleum Lab at Hambantota Port receives ISO 17025 (Category: Breaking News)
Reuters: Iran unveiled upgrades to six weapons on Tuesday, including a more accurate short-range missile and a more powerful naval engine, Iranian media reported, in what seemed to be its latest response to international pressure over its nuclear programme. The hardware was presented at a ceremony marking Defence Industry Day and attended by President Mahmoud ...
- Iran says fires long-range missile in Gulf drill (Category: Business)
- Ahmadinejad unveils upgraded short-range missile (Category: Breaking News)
- US moves new forces to Gulf to ward off Iran: report (Category: Business)
- Obama vows to pursue further nuclear cuts with Russia (Category: Business)
Reuters: Bill Gates is betting the toilet of the future for the developing world will be solar powered. The world’s leading private philanthropist handed a $ 100,000 prize to the California Institute of Technology on Tuesday for its work on a self-contained, sun-powered system that recycles water and breaks down human waste into storable energy. ...
- Bill Gates backs 'future' toilet (Category: Technology)
- Disposable toilet seat covers: for the hygiene conscious (Category: Business)
- ‘Velvet’ records highest growth of 40% in toilet soap market (Category: Business)
- Toilet charge to be introduced in the New Year (Category: Breaking News)
Brand Finance’s Annual Global Nation Brand Analysis Prologue Over the past three years, nation branding has received an enormous amount of coverage in Sri Lankan newspapers. Whilst some of these are based on the need to provide a marketing approach to building a nation, and its brand; many of the articles focus on developing a ...
- Brand Finance launches Nation Brands 100 (Category: Business)
- Brand ‘Sri Lanka’ valued $ 23 b; ranks 76th globally (Category: Business)
- Branding Sri Lanka (Category: Business)
NEW DELHI, (Reuters): India’s wholesale inflation unexpectedly fell in July to a near three-year low but economists doubt the drop will be enough to persuade the central bank to cut interest rates at its September meeting to try to revive the struggling economy. Inflation dropped to 6.87% in July from 7.25% in June as domestic ...
- India’s manufacturing growth slips in July, weakest since November (Category: Business)
- India’s July inflation eases; rate hike still seen (Category: Business)
- CB says policy rates appropriate (Category: Business)
- India’s March industrial output falls (Category: Business)
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 of macro factors make ...
- Economic growth to rebound in 2013: SCB (Category: Business)
- Economic Outlook: A tough year ahead but measures in right direction (Category: Business)
- OPIC funding to provide opportunities for growth (Category: Business)
- 2012 Budget in focus (Category: Business)
Some countries make progress outside U.N. process Progress is slow towards new climate deal Shift needed from targets, penalties to standards CO2 emissions continue to grow LONDON/OSLO: Green economic growth rather than strict targets for cutting greenhouse gases needs higher priority if the world is to reach a deal to fight climate change by a ...
- Nations warn of broken promises at UN climate talks (Category: Business)
- Accelerating growth: catching the wave or missing the bus (Category: Business)
- Shipowners join WWF, Oxfam in urging climate levy (Category: Business)
- No region immune to Europe crisis: World Bank Chief (Category: Business)
Blue Flame Technologies (Pvt) Limited was recently appointed the exclusive distributor of BROAD non-electric chillers for air conditioning systems in Sri Lanka and the Maldives. From left: Director Business Development Richard Bahar, Managing Director Z.M. Hairu, International Sales Manager – South East Asia for Broad AC Jimmy Chen, Director PR and Sales Derrick Karunaratne and ...
- Panasonic launches new ECONAVI air-conditioners (Category: Business)
- SMED seminar on managing electrical energy of business enterprises and industries (Category: Business)
- Sri Lanka targets slashing industrial power use by 10% (Category: Business)
- Phoenix Industries wins ‘Gold Flame’ award (Category: Business)
Reuters: The United Nations’ carbon offset market has a long future in helping the world curb man-made greenhouse gas emissions, even with carbon prices at record lows, the executive chairman of the UN Clean Development Mechanism (CDM) said last week. UN-backed carbon credits, called certified emissions reductions (CERs), have plunged around 70 per cent over ...
- Haycarb trades Carbon Credits under Kyoto Protocol (Category: Business)
- Passenger fare hike may earn airlines a CO2 windfall (Category: Business)
- Lufthansa to pass $ 169 m carbon costs to passengers (Category: Business)
- Global CO2 emissions rise 3 % in 2011: report (Category: Business)
Reuters: India’s lawmakers voted for a new president on Thursday, ending weeks of wrangling and opening a much-hyped political window billed as the best chance for Prime Minister Manmohan Singh to launch a wave of reforms and reverse an economic slowdown. India’s markets are anticipating quick action to relax investment rules and cut subsidies once ...
- UPA names Mukherjee as presidential candidate (Category: Business)
- Indian PM says hard decisions needed for 9% growth (Category: Business)
- Pranab Mukherjee is the new president of India (Category: Business)
- Populism may trump reforms in India (Category: Business)
Industry experts urge disillusioned local investors to ‘buy when it’s down and sell when it’s up’ In a highly volatile atmosphere and with low investor confidence in the Colombo Bourse, experts earlier this week went against the negative sentiments and instead stated that now is the time to buy. These views were aired at a ...
- Why Lion leads frontier (Category: Business)
- Achieving economic goals amidst global challenges (Category: Business)
- Sustainability in volatility: The bankers’ challenge (Category: Business)
Popular Topics
- International Monetary Fund (84)
- Political crisis (54)
- Foreign exchange reserves (61)
- Shortage (6)
- Bank reserves (67)
- Fuel (144)
- Economy of Sri Lanka (110)
- Russia (8)
- Sri Lanka Tea (79)
- Tourism (20)
- Sri Lanka Quality Tea (83)
- Sri Lanka Tourism (79)
- Sri Lanka Cricket (77)
- Sri Lanka Hotels (78)
- Sri Lanka Elections (82)
- Sirasa (2)
- Hiru Tv (11)
- ITN News (18)
- Shakthi Tv (11)
- Derana Dream Star (9)
- EPF (2)
- BBC (1)
- Rob Ford (2)