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- www.ft.lk - Category : Business - Relavancy : 0.06395385

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 ...

- www.ft.lk - Category : Business - Relavancy : 0.05481758

When you go to a cricket match in Pallekele, it’s as much about the game as it is about the atmosphereBy Anand Vasu in Pallekele The greatest challenge you’re likely to face when going to the Pallekele International Cricket Stadium is the winding road that snakes around the lake in central Kandy. If you get ...

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ANC Education has commenced the first LLM student intake with a full batch in September 2012. Two prominent academics Dr Philipp Elliot-Wright, Course Leader for LLM Programs and Dr Yaraslau Kryvoi, Senior Lecturer, School of Law from the University of West London arrived in Sri Lanka to attend the inaugural lectures conducted at ANC Education. UWL ...

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  A Sri Lankan born in California, Ras Ceylon speaks on how rasta and Sri Lanka has influenced his music   By Rashika Fazali “For me, music is the universal language. It is the vehicle of expression,” said rastafarian rapper and lyricist Ras Ceylon. I first heard him when he performed at Alternative Sunday Round ...

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Simon Taufel’s retirement as an active umpire at the end of the ongoing ICC World Twenty20 will mean that the most decorated member of the ICC’s Elite Panel of Umpires will not be around to oversee big games anymore. Taufel has been among the few officials who have been regarded with respect across the board, ...

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PALLEKELE, Sri Lanka,  (Reuters): West Indies have not tasted much international success in the last decade but captain Darren Sammy believes he has succeeded in creating the kind of dressing room atmosphere that can help them end the title drought in Sri Lanka. The erstwhile giants

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The Asian Development Bank (ADB) is lending $ 130 million to help Sri Lanka expand the reach and quality of its electricity supply, with a focus on former conflict areas in the north and east of the country. It will also improve transmission and distribution network efficiency and develop renewable

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Pradeep Carvalho was recently appointed as Head of Corporate Communication at Etisalat Sri Lanka. He joins Etisalat after serving in the capacity of Channel Communication Manager at Sri Lanka Telecom (SLT). Pradeep has experience not only in the highly competitive Sri Lankan Market but also in the US Market, working at Fortune 500 companies both ...

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- www.ft.lk - Category : Business - Relavancy : 0.29820633

The Ceylon Chamber of Commerce, the main business chamber of the country has conducted a series of workshops in the regions of Uva, Northern, Southern, Eastern and Central with assistance provided by the Asia Foundation. These were successfully conducted with the help of the regional chambers

- www.ft.lk - Category : Business - Relavancy : 0.05481758

Etisalat Sri Lanka has partnered with Commercial Bank to introduce mobile banking via USSD (Unstructured Supplementary Service Data) technology, a global system for mobile communication used to send a text between a mobile phone and an application program in a network. Etisalat users can now enjoy the convenience of conducting their banking activities with Commercial ...

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At Standard Chartered, banking is certainly core business but this has never deterred or precluded the bank from contributing positively to communities which its business calls home. Standard Chartered is recognised globally as the single biggest corporate sponsor of avoidable blindness projects around the world. Seeing is Believing (SiB) is a major global public-private initiative ...

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Lipton Tea has reached another milestone in Sri Lanka with their latest range of flavoured tea being added to the product portfolio. The company launched three new black tea flavours which include – Earl Grey, Lemon and English Breakfast. Also the re-launch of new packaging and communication of the popular Lipton Clear Green variants – ...

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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 ...

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The WTO in its annual World Trade Report for 2012, in addition to analysing world trade, has dealt in detail on Non Tariff Measures (NTMs), which has gained an important place in international trade today. In a world of trade liberalisation and free trade agreements which deal mainly with tariff reductions, which are clearly spelt ...

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East London recently received a boost as five ICT firms announced plans to expand their operations in Tech City, Europe’s fastest-growing digital hub. Milton Keynes, Sheffield and Ulster will also benefit from multi-million pound international business deals announced at the Global Business Summit on ICT, organised by UK Trade & Investment (UKTI) during the Olympic ...

- www.ft.lk - Category : Business - Relavancy : 0.05168251

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 ...

- www.ft.lk - Category : Business - Relavancy : 0.07752377

Globe Mirror Industries (GMI), the first tempering plant to be established in Sri Lanka in 1969 has been awarded ISO 9001:2008 certification, a clear indication of its growth and credibility in terms of maintaining a high standard of quality throughout the years. GMI was started by late Mohammed Nawaz and has since grown to be ...

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The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) granted the distinguished associate membership status to 215 passed finalists of the chartered accounting course offered by the Institute at the 2012 annual convocation held at the Waters Edge, Battaramulla on Thursday. Joining a fraternity of nearly 4200 existing CA Sri Lanka members, the ...

- www.ft.lk - Category : Business - Relavancy : 0.06395385

CHILD abuse hits headlines with sickening frequency in Sri Lanka, but new data suggests that victims have to wait as much as six years, often enduing mind-numbing stigma and distress, before they are given justice. IRIN reported over the weekend that Sri Lanka is taking as long as six years to prosecute criminals who abuse ...

- www.ft.lk - Category : Business - Relavancy : 0.02740879

A number of articles which appeared in print media in the recent past signify the volatility in the economy. High volatility leads to vulnerability. Volatility and vulnerability are reflections of the haphazard nature of the economic policies and poor economic governance in a country. What is volatility? Volatility is the severity and the frequency with ...

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Weather and ground conditions hog attention ahead of ICC Women’s World Twenty20 kick-off today Even as the men’s competition is nearing the Super Eights stage, eight teams are preparing to battle it out in the third edition of the ICC Women’s World Twenty20 in Galle, starting from Wednesday (September 26).    Sri Lanka and South ...

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A look at the history of cricket’s support for UNAIDS and UNICEF over the past decade The sight of leading cricketers wearing red ribbons on their shirts at ICC events has become a familiar one in recent years, but have you ever wondered why the players do this? South Asia, Africa and Caribbean, three geographical ...

- www.ft.lk - Category : Business - Relavancy : 0.045681316

Scientists have pinpointed a gene that enables rice plants to produce around 20% more grain by increasing uptake of phosphorus, an important, but limited, plant nutrient. The discovery unlocks the potential to improve the food security of rice farmers with the lowest value phosphorus-deficient land, allowing them to grow more rice to add to global ...

- www.ft.lk - Category : Business - Relavancy : 0.045681316

By D.C. Ranatunga Gnanavalli grew up in the Eskdale Division of Park Estate near Ragalla. Her parents were employees of the estate. She read her first letters at the Child Development Centre (CDC) in the estate. With the grounding she got there, she continued her studies until she got admitted to the Eastern University and ...

- www.ft.lk - Category : Business - Relavancy : 0.05481758

Reuters: Riskier assets fell broadly on Monday, dragging down Asian shares, copper and oil but the dollar strengthened as investors shifted their focus to weak economic fundamentals while monitoring progress in the euro zone debt bailout scheme. The MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.7%, with a 1.5% drop in its materials ...

- www.ft.lk - Category : Business - Relavancy : 0.05481758

Standard Chartered, in furtherance of the Memorandum of Agreement (MOA) signed with Youth Business Sri Lanka (YBSL), a project of the Ceylon Chamber of Commerce (CCC), handed out micro-financing facilities to 29 young men and women of Jaffna who had been affected by the war to start up businesses, on Friday, 21 September 2012. Nine ...

- www.ft.lk - Category : Business - Relavancy : 0.02740879

Leaving nobody out in the cold In India, the Rangarajan Committee on Financial Inclusion defined the concept as: “The process of ensuring access to financial services, timely and adequate credit where needed by vulnerable groups such as weaker sections and low income groups, at an affordable cost.” At the recent FutureGov SAARC Summit in Colombo, ...

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General outlook: Light at the end of the tunnel? With US Federal Reserve’s decision to launch the third round of Quantative Easing (QE) through the purchase of mortgage backed bonds to the value of US$ 45 billion per month up to December 2012 combined with Germany’s Constitutional Court granting the green light for the country ...

- www.ft.lk - Category : Business - Relavancy : 0.29820633

Reuters: Formula One cars will continue to swerve around the skyscrapers of Singapore for the next five years after the government agreed on Saturday to help cover the S$150 millioncost of hosting the unique night race. There had been some doubt about the future of the event, the only night race

- www.ft.lk - Category : Business - Relavancy : 0.05481758

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 ...

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