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Sri Lankaandrsquo;s entry into the hydrogen fuel era is to be kicked-off in October. And the adoption of a PPP model is being mulled. andldquo;The forthcoming Hydrogen and Renewable Energy conference in Colombo to be held in October is also the first step in formulating Sri Lankaandrsquo;s hydrogen road-map.
- Is hydrogen the future of motoring? (Category: Technology)
- 2021 Toyota Mirai: Sharp-lookin' sedan with hydrogen power - Roadshow (Category: Technology)
- 2021 Toyota Mirai: Sharp-lookin' sedan with hydrogen power - Roadshow (Category: Technology)
- 2021 Toyota Mirai: Sharp-lookin' sedan with hydrogen power - Roadshow (Category: Technology)
1Q pre-tax profit up 42% to Rs. 2.4 b; bottom line higher by 34% to Rs. 1.6 b; revenue improves by 26% to Rs. 20 b Premier blue chip John Keells Holdings (JKH) has made a good start in the new financial year 2012/13 with turnover and profits up but its Chairman Susantha Ratnayake has ...
- JKH forges with solid growth (Category: Business)
- Stellar 3Q for JKH (Category: Business)
- 2Q results add further value to Softlogic story: Ashok (Category: Business)
- Jumbo profit at JKH (Category: Business)
Mulls PPP model for new initiative Sri Lanka’s entry into the hydrogen fuel era is to be kicked-off in October. And adoption of PPP model is being mulled. “The forthcoming Hydrogen and Renewable Energy conference in Colombo to be held in October is also the first step in formulating Sri Lanka’s hydrogen road-map. Our second ...
- Galle Fort to get green hydro-powered tuk-tuks (Category: Business)
- Hydrogen powered three wheelers for Galle (Category: Breaking News)
- Mahindra bags Title Sponsorship rights of Sri Lanka Premier League (Category: Business)
- Sri Lanka Enters Hydrogen Fuel Era (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)
By Amantha Perera IPS: For many Sri Lankans, the effects of climate change can be summed up in one word: rainfall. “The biggest impact (of climate change) is rainfall or the lack of it,” W.L. Sumathipala, one of Sri Lanka’s foremost experts in changing climate patterns, told IPS on a scorching hot and humid day ...
- Climate change ‘biggest threat’ to food security (Category: Business)
- Adding rice farmers to the Rio+20 Agenda (Category: Business)
- Better weather warnings needed (Category: Business)
- Water conservation “desperately” needed (Category: Business)
BULAWAYO, Zimbabwe, (IPS): The Global Environment Facility (GEF) is ready to be a catalyst for transforming the way the global environment is managed, said the next CEO and chairperson of the multilateral institution, Dr. Naoko Ishii, in this interview with Tierramérica *. The GEF recognises the inseparable linkage between environmental and economic well-being, which was ...
- Natural Capital (Category: Business)
- Companies calculate debt to Planet Earth (Category: Business)
- World faces stark choice at Rio+20, warns UN Report (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)
Sunil Bharti Mittal, India’s fifth largest dollar billionaire of Airtel fame, and Indian Commerce Minister Anand Sharma are among the renowned members of the top Indian delegation coming here next month. “The high-level Indian trade delegation arriving next week will consist of reps from the Government, business and the chambers. The arrival of this delegation ...
- Powerful Indian business delegation in Colombo next month (Category: Breaking News)
- Indian Commerce Minister in town tomorrow to lead greater ties with Sri Lanka (Category: Business)
- Top Lankan CEOs bullish post Indo-Lanka meet (Category: Business)
- Mega ‘India Show’ in August 2012 to boost bilateral trade with Sri Lanka (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)
Global Foreign Direct Investment (FDI) inflows rose 16 per cent in 2011, surpassing the 2005-2007 pre-crisis level for the first time, despite the continuing effects of the global financial and economic crisis and the current debt crisis in Europe, UNCTAD’s annual survey of investment trends reports. The World Investment Report 20121, subtitled ‘Towards a New ...
- Global FDI defies crisis to jump 17% to $ 1.5 trillion in 2011 (Category: Business)
- Global FDI slumps as debt crisis scares M&A away: UN report (Category: Business)
- UNCTAD moots new generation of investment policies for sustainable development (Category: Business)
- Global trends in investment (Category: Business)
LONDON (Reuters): Oil retreated slightly on Wednesday, snapping five days of gains as U.S. Federal Reserve Chairman Ben Bernanke offered few signs of further monetary stimulus and a gloomy view of the economy of the world’s top oil consumer. Brent crude slipped 38 cents to $103.62 a barrel by 1017 GMT, after settling 63 cents ...
- Oil gains on US stocks draw (Category: Business)
- Brent steady above $116 on U.S. stocks draw; Greece risk weighs (Category: Business)
- Oil slips from 4 wk high ahead of U.S. oil data (Category: Business)
- Oil falls towards $105, economy jitters return (Category: Business)
By Shamil Samsul Mueen 1. Introduction The global financial crisis has raised imperative issues concerning the stability and reliability of existing financial systems. This has driven an extensive global re-examination on the competence of the existing financial architecture and the search for a more enduring solution. As a result an increasing interest in Islamic finance ...
- HNB launches Al-Najah Islamic banking unit (Category: Business)
- Islamic finance: Challenges and opportunities (Category: Business)
- Islamic banking and finance advisory services to assist financial institutions (Category: Business)
Four examples; two bad and two goodThe website of the London Economist newspaper has a reference to an official of a certain country referring to a journalist in words similar to what follows – I have substituted words which would be appropriate to an officer and a gentleman addressing a lady, for what was actually ...
- Corporatism: A step beyond state capitalism (Category: Business)
- Entrepreneur and the profit motive (Category: Business)
- Exercising civic responsibilities (Category: Business)
Introducing energy management systems to establishments will be coordinated through Energy Managers appointed at establishment level in accordance with the provisions given in Sri Lanka Sustainable Energy Authority Act. Minister of Power and Energy Champika Ranawaka said yesterday that a gazette notification (No. 1715/12) was issued on 20th July 2011, and it prescribes the qualifications ...
- SMED seminar on managing electrical energy of business enterprises and industries (Category: Business)
- Wayamba Development Authority seminar on sustainable energy for hoteliers (Category: Business)
- Sri Lanka appoints 150 power and energy managers to save energy (Category: Breaking News)
- Green Credentials (Category: Business)
A SWISS-based company has emerged to negotiate a disputed payment deal the UAE-based Fujairah Petroleum Company had signed with the Ceylon Petroleum Corporation (CPC) to supply up to 160,000 tons of low sulphur oil. The blatant lack of transparency of this deal has raised new questions over the governance of CPC and why repeated transgressions ...
- CPC implications (Category: Business)
- Fuel a price change (Category: Business)
- Taming the ‘monsters’ (Category: Business)
- CPC In Dubai Deal (Category: Business)
Standard Chartered Bank has revised Sri Lanka’s credit outlook to stable from positive and is advising bond investors to await the conclusion of Sri Lanka’s $ 1 billion Sovereign issue prior to getting involved in the country’s debt market opportunities. This advise is contained in SCB’s latest Asian sovereign credit coverage. “While we believe that ...
- Standard Chartered optimistic Rupee will appreciate in Q3-4 (Category: Business)
- A rosy update (Category: Business)
- Raising the bar: The rise of the Sri Lankan economy (Category: Business)
- A resolute Sri Lankan economy (Category: Business)
Reuters : Sri Lanka will start operations at the 82,000 ton capacity fuel bunkering terminal of its new Hambantota port in October, 16 months later than the original schedule, the ports authority said on Friday. The state-run Sri Lanka Ports Authority had originally planned to open the facility for full operational bunkering in May 2011. ...
- Sri Lanka says China to not operate oil bunkering (Category: Breaking News)
- Rocky Tale (Category: Business)
- Sri Lanka to open bunker terminal (Category: Breaking News)
- Sri Lanka boosting Colombo bunkering capacity 50 pct (Category: Business)
THAI Smile, the new light premium regional sub-brand of Thai Airways International, has taken delivery of its first aircraft, an Airbus A320. Seating 174 passengers, the aircraft is powered by IAE V2527-A5 engines. The Bangkok-based carrier will start regional operations on 7 July with daily flights to Macau, before flying domestically to Krabi, Chiang Mai, ...
- Spreading Wings (Category: Business)
- First Thai Airways A380 rolls out of paint shop (Category: Business)
- Top Order (Category: Business)
- Thai Airways orders 9 Airbus; Leases another 8 (Category: Business)
Boeing, Airbus report $35 b total firm orders Production issues in focus at quiet air show FARNBOROUGH, England (Reuters): The world’s dominant aircraft makers, Airbus and Boeing, left a rain-swept Farnborough Airshow without the order deluge some had predicted, but each claiming victories as they prepare to focus on delivering a huge jet backlog from ...
- Boeing targets number one spot with 1,000 jet sales (Category: Business)
- Boeing sees more 787 cancellations, still upbeat (Category: Business)
- Singapore Airlines to order 8 more Boeing 777-300ERs (Category: Business)
- New Boeing 737 planes launched (Category: Business)
Airbus has decided to offer a further enhanced version of the popular A330 airliner by increasing the maximum takeoff weight capability to 240 metric tons. The 240 ton capability will be first applied to the larger A330-300 model and subsequently to the A330-200 and A330-200F. The 240 ton A330-300 will benefit from up to 400nm ...
- MASkargo takes delivery of first A330-200F (Category: Business)
- Enhanced levels of comfort, privacy and functionality (Category: Breaking News)
- In-flight connectivity takes to the skies with Etihad Airways (Category: Business)
- Gay Paree On Oman Air (Category: Breaking News)
Edward Karunaratne, the founder of the Karunaratne Business Empire, knows his days are numbered and wants to make sure that his organisation doesn’t die with him. He wants to leave the control in safe hands, in the hands of his protégée Rahul who is the Managing Director of the Karunaratne Organisation. But the sole heir ...
- India beats Sri Lanka and takes series (Category: Breaking News)
- Sri Lanka opt to bowl in 1st ODI against India at Guwahati (Category: Breaking News)
- India elect to bat first (Category: Breaking News)
As knowledge workers, why do we have to physically commute to work every single day? In the process, consider the fuel costs, commuting time, traffic jams, wear and tear of vehicles and above all the carbon footprint? Imagine the time that can be saved and the quality thinking time that you can get by working ...
- 10 heated throw blankets that’ll make you feel so cozy this winter (Category: USA, Maryland)
- 10 heated throw blankets that’ll make you feel so cozy this winter (Category: USA, Mississippi)
- 10 heated throw blankets that’ll make you feel so cozy this winter (Category: USA, Iowa)
- 10 heated throw blankets that’ll make you feel so cozy this winter (Category: USA, New Hampshire)
Opposition MPs warn post-war gains will be wasted unless Govt. puts house in order Insist on better policies, respect for law and order Call for common agenda for clear and consistent regulations By Uditha Jayasinghe Opposition politicians joined the private sector yesterday in calling for the Government to work on law and order and consistent ...
- A Budget for all! (Category: Business)
- Govt. to table all land deal documents in P’liament today (Category: Business)
- Sri Lanka’s Iran crude imports may drop up to 20% (Category: Business)
- IMF cuts Sri Lanka’s growth forecast but says future stable (Category: Business)
The Sri Lanka Chamber of the Pharmaceutical Industry reaffirmed their support to the Government and the Ministry of Health for the implementation of the new National Drug Policy at their recently held Annual General meeting (AGM), at Colombo’s Taj Samudra Hotel. SLCPI President Vish Govindasamy who was elected for a second term in office, speaking ...
- Drug drama (Category: Business)
- Cure State health system first (Category: Business)
- Proposed drug price control draws flak (Category: Breaking News)
- Prices of pharmaceuticals under control from January (Category: Breaking News)
Maintaining that the Government was on the right course, Treasury Secretary Dr. P.B. Jayasundera yesterday urged the private sector to adapt as well as tap unprecedented growth potential, harnessing supportive policies and other measures. Delivering the keynote at the first plenary session of the Ceylon Chamber of Commerce Sri Lanka Economic Summit, Dr. Jayasundera in ...
- Treasury Chief urges help for balance of payments (Category: Business)
- Expert views on key issues (Category: Business)
- Believe us today like when the going was good: Dr. PB (Category: Business)
- Treasury Secy. says need further monetary tightening (Category: Business)
Munich/Stuttgart: Unbeaten titleholders and triumphant newcomers have secured the BMW Group’s renewed pre-eminence at the 2012 International Engine of the Year Awards. Power plants guaranteeing efficient power delivery in current BMW and MINI models topped no fewer than four out of eight displacement categories. The quartet of trophy-winners comprised two four-cylinder engines, a straight-si...
- BMW launches all new 3 series (Category: Business)
- Prestige Automobiles unveils BMW ActiveHybrid 5 (Category: Business)
- HP PSG Awards Night (Category: Business)
Following is the full text of Secretary to Ministry of Finance and Planning and Ministry of Economic Development Dr. P.B. Jayasundera’s keynote address titled ‘Sri Lankan Economy in Perspective’ at first plenary session of the Ceylon Chamber of Commerce Sri Lanka Economic Summit yesterday under the theme ‘Positioning Sri Lanka in the Global Economy’ Chairman, ...
- Govt. on right course, private sector must adapt and grow: Dr. P.B. (Category: Business)
- Accelerating growth: catching the wave or missing the bus (Category: Business)
- A resolute Sri Lankan economy (Category: Business)
- Does Wage Growth Retard Economic Growth? (Category: Breaking News)
Ceylon Petroleum Corporation (CPC) has been active in Asia’s fuel oil market as cash differentials fell to a new one-month low on Tuesday, while the August/September intermonth swaps value remained below $3.00 as weak sentiment persisted. A Reuters report said Sri Lanka’s Ceylon Petroleum Corp (Ceypetco) emerged in the market again to seek 20,000 tons ...
- November annual inflation eases to 4.7% (Category: Business)
- AMW to unveil 11th generation Nissan Sunny (Category: Business)
- Sri Lanka services see upturn in August, manufacturing fall slows: PMI (Category: Breaking News)
- Sri Lanka stock plunges before ending over 1-month low amid dented sentiment (Category: Breaking News)
Poor rainfall throughout Sri Lanka during the past few months has caused a drought unheard of during recent history. Particularly affected Districts are Kurunegala, Puttalam, Anuradhapura, Polonnaruwa, Batticaloa, Ampara, Nuwara Eliya and Badulla. Farmers complain that their crops are being ruined or are on the verge of being ruined. Some villages complain of the shortage ...
- Drought and lessons learned (Category: Business)
- Paddy farmers’ problems (Category: Business)
- Mahaweli Project – North Central Province canal: A tunnel in the wilderness? (Category: Breaking News)
- Lack of irrigation water for paddy cultivation: A way out (Category: Breaking News)
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