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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)
Eisenhower Foundation South Asia Conference 2012 kicks off in Colombo By Cassandra Mascarenhas Bringing together Eisenhower Fellows from across the world for networking and deliberations in Colombo, the Eisenhower Fellowships, Philadelphia and conference organising teams from Bangladesh, India, Pakistan and Sri Lanka hosted the three-day Eisenhower Foundation South Asia Conference 2012 which kicke...
- Eisenhower South Asia Conference 2012 and Eisenhower Day celebrations (Category: Business)
- Promoting leadership qualities (Category: Business)
- South Asia doing worst on UN development goals :ADB official (Category: Business)
- India, China militaries ease tensions; to resume joint exercises (Category: Business)
Reuters: The race for president focused squarely on the battle for working-class votes on Wednesday, as Republican Mitt Romney scrambled to make up ground on Democratic President Barack Obama in the crucial battleground state of Ohio. On a day when the rivals held dueling events across the state, Romney mixed empathy for the unemployed – ...
- Romney backs Israel if needs to strike Iran – aide says (Category: Business)
- Romney wins big in Florida presidential primary (Category: Business)
- Obama takes campaign to Latin America, slams Romney (Category: Business)
- Romney, Ryan hit the road in an energised Republican campaign (Category: Business)
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 ...
- New external trade policy (Category: Business)
- WTO risks its future by keeping Doha talks alive (Category: Business)
- Time to update global services trade rules – report (Category: Business)
- Unfinished Business? The WTO’s Doha Agenda (Category: Business)
The Divi Neguma Bill has put forward new questions regarding transparency and good governance in Sri Lanka as well as the role played by powerful politicians in moving away from best practices under the guise of assisting people “for the greater good”. In a nutshell, the Supreme Court last week told Parliament that the Bill ...
- SC says Divi Neguma Bill needs PC sanction (Category: Business)
- SLMC face challenges in Divi Neguma bill (Category: Breaking News)
- Divi Neguma Bill: Govt. says will not violate Constitution (Category: Breaking News)
- Divi Neguma Bill to be back anew (Category: Business)
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 ...
- Achieving economic goals amidst global challenges (Category: Business)
- Raising the bar: The rise of the Sri Lankan economy (Category: Business)
- Lion leads frontier markets (Category: Business)
Hosts candle lighting events and suicide prevention walk programsBy Ruzaik Farook Sri Lanka Sumithrayo Colombo, under the global umbrella theme ‘Suicide prevention across the globe: Strengthening protective factors and instilling hope,’ and the localised subtheme ‘Don’t despair, we care,’ organised a candle lighting event to remember those who have died by suicide on ...
- An average of 12 persons commits suicide everyday in Sri Lanka (Category: Breaking News)
- Suicide Prevention Day commemorated (Category: Breaking News)
- Tragic numbers (Category: Business)
- Woman throws child in river and attempts suicide in Wattala (Category: Breaking News)
Reuters: Manufacturing in China contracted for the 11th month in a row in September, according to a private sector survey of factory managers that indicated the world’s second largest economy remains on track for a seventh quarter of slowing growth. The HSBC Flash China manufacturing purchasing managers’ index (PMI) showed activity stabilized in September after ...
- China factory sector shrinks most in nine months (Category: Business)
- China factory surveys signal economic growth stays soft in Q3 (Category: Business)
- Asia factory output weak; India defies with rise (Category: Business)
- Asian factory output curbed by troubled Europe (Category: Business)
LONDON (Reuters): Shares rose on Wednesday and the yen fell to a one-month low after the Bank of Japan eased monetary policy, the latest central bank to offer stimulus to help the global economy find a firmer footing. The BOJ said it would increase its asset buying and loan programme, currently
- Peoples Bank Nonperforming loans Rs. 54 billion in 2021 (Category: Breaking News)
- Zimbabwe to introduce gold coins as local currency tumbles (Category: Breaking News)
- CBSL maintain interest rates for fourth month straight (Category: Breaking News)
- Union Bank launches unique three-month FD (Category: Business)
By Shanuka Tissera Newly appointed US Ambassador Michele Sison has called on the Sri Lankan private sector to promote entrepreneurship to galvanise partnerships with US companies and foster post-war economic growth. Delivering her first speech since her appointment at the 20th anniversary celebrations of the American Chamber of Commerce (AMCHAM), Sison was insistent that ...
- New US envoy to prioritise HR in SL (Category: Breaking News)
- Obama announces new US ambassador to Sri Lanka and Maldives (Category: Business)
- Video:New US Ambassador to Sri Lanka plans to promote trade, economic development and business (Category: Breaking News)
- US to appoint new ambassador to Sri Lanka (Category: Breaking News)
I wonder if you can remember the famous World Cup Soccer final some years back where the fourth referee intervened after the great Zinedine Zidane head-butted Italian defender Marco Materazzi in the World Cup final. It would have perhaps gone unnoticed if not the TV referral. In my view, if this had gone unnoticed, it ...
- From science to commercialisation (Category: Business)
- Will companies overpower countries? (Category: Business)
- Brand Finance launches Nation Brands 100 (Category: Business)
- Interbrand reveals world’s best global brands in 2011 (Category: Business)
Reuters: The Federal Reserve launched another aggressive stimulus program on Thursday, saying it would pump $40 billion into the US economy each month until it saw a sustained upturn in the weak jobs market. The central bank’s decision to tie its controversial bond buying directly to economic conditions was an unprecedented step that marked a ...
- Bernanke quiet on next Fed move, stresses job crisis (Category: Business)
- Asian shares inch down, mark time before Jackson Hole (Category: Business)
- All eyes on Bernanke as recession looms (Category: Business)
- Adopt economic policies to propel growth: Bankers (Category: Business)
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)
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)
Of media, politics, and striking the right balance By Cheranka Mendis The actual conflict between journalism and politics lies in a tug-o-war between presenting a narration of reality as it was while dodging attempts of other parties to frame stories for personal agendas. Speaking at a breakfast meeting, Al Jazeera Network Former Director General Wadah ...
- Lasantha Wickrematunge and the role of journalism in a rotten political culture (Category: Breaking News)
- Continuing the Struggle (Category: Breaking News)
- The Murder Of The Press (Category: Breaking News)
- Imran Khan says Pakistan PM Sharif involved in plot to kill him (Category: Breaking News)
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)
The 33rd National Conference of Chartered Accountants structured by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) will be held from 18 to 20 October at Waters Edge under the theme ‘Winning: Country, Corporate, Citizen’. It will be a three-day conference with six technical sessions that will feature a panel of highly ...
- CA Sri Lanka’s Vindya Cooray brings honour to Sri Lanka (Category: Business)
- 26th National CA Students’ Conference concludes on a high note (Category: Business)
- 26th National CA Students’ Conference on 4 April (Category: Business)
- Confident Sujeewa takes up new role as CA Sri Lanka President (Category: Business)
ELECTIONS come and go but the Government has a new set of challenges this week that will test it seriously. Quick on the heels of the poll comes the UN review mission that is here to decide on the Government’s progress on reconciliation and implementation of the Lessons Learnt and Reconciliation Commission (LLRC). Before this ...
- MR talks with US (Category: Breaking News)
- LLRC report inadequate in some areas but still essential - Burt (Category: Breaking News)
- Sri Lanka to brief international community on human rights and reconciliation during UNHRC ses... (Category: Breaking News)
- Sri Lankan government to include progress in implementing LLRC recommendations in UPR report (Category: Breaking News)
The Report of the Citizens Commission on its Mission to Mannar on 8 and 9 August has received an inordinate amount of press lately – and while the Commission feels that the coverage provides space for issues raised in the report, it is concerned that the report is being represented in a way that is ...
- Administering justice (Category: Business)
- SFM statement on Mannar incident (Category: Breaking News)
- SLMC proposes truth commission (Category: Business)
Reuters: President Barack Obama asked Americans on Thursday for patience in rebuilding the weak economy as he appealed for a new term in office and defiantly rejected Republican Mitt Romney’s proposals for growth as heartless. Accepting the presidential nomination at the Democratic National Convention, Obama gave a more down-to-earth follow-up to his 2008 “hope and ...
- Romney wins big in Florida presidential primary (Category: Business)
- Romney close to Republican nomination after victories (Category: Business)
- Romney scores big win over Santorum in Illinois (Category: Business)
- Obama widens lead over Romney despite jobs data (Category: Business)
Reuters: Oil futures rose above $114 per barrel on Thursday, buoyed by expectations the European Central Bank will manage to ease its debt crisis with a new programme of bond purchases. Europe’s debt crisis and slowing global economic growth have fuelled worries about the demand outlook for commodities. Investors hope a new ECB bond-buying programme ...
- Interest, FX rates to stabilise: Treasury Secy. (Category: Business)
- Eight banks vie to lead Sri Lankan euro bond: CB (Category: Business)
- NATO head Stoltenberg: EU needs the US to protect against China (Category: USA, New York)
- NATO head Stoltenberg: EU needs the US to protect against China (Category: USA, New York)
Reuters: Asia’s services sector expanded in August despite a global economic downturn, business surveys showed on Wednesday, but optimism remained muted as regional economies toil to overcome the deepening impact of the festering euro zone crisis. The HSBC services sector Purchasing Managers’ Index (PMI) has remained above the 50-mark, which separates growth from contraction, in ...
- Global private sector growth hits new low (Category: Business)
- Euro zone recession may have already started: PMIs (Category: Business)
- Global economy growing at fastest pace in a year: PMI (Category: Business)
- China factory surveys signal economic growth stays soft in Q3 (Category: Business)
Reuters: Moody’s Investors Service has changed its outlook on the Aaa rating of the European Union to negative, warning it might downgrade the bloc if it decides to cut the ratings on the EU’s four biggest budget backers: Germany, France, UK and Netherlands. The move will add to pressure on the European Central Bank to ...
- Moody’s warns France on possible negative outlook (Category: Business)
- Fitch Ratings has withdrawn Hayleys PLC’s ‘A+(lka)’ National Long-Term rating (Category: Breaking News)
- Euro area crisis risks EU sovereign ratings – Moody’s (Category: Business)
- 2 ratings agencies lower Wash. credit outlook (Category: USA, Washington)
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)
All Sri Lankan universities except for the medical faculties have been closed down, but for most citizens, who have observed crisis after crisis in the education sector, this latest development is nothing new. The big difference is currently it is the university teachers who are on strike, not the students. The teachers’ main demands are: ...
- Chaos in universities: A solution? (Category: Business)
- Cleaning university mess: Role of the academics and the State (Category: Business)
- Reform of university education (Category: Business)
- English as medium of instruction at Law College (Category: Breaking News)
In an exclusive interaction with the Gamechanger Team on the sidelines of the SLPL match between Basnahira Cricket Dundee and Uva Next, the Secretary of Sri Lanka Cricket Nishantha Ranatunga opened up with his thoughts on the Mahindra Sri Lanka Premier League, its future in the Sri Lankan cricket system and what it would do ...
- SLPL boost for tourism next month (Category: Business)
- Sri Lanka Premier League forges ahead (Category: Business)
- Brian Lara, MCC Chief lift SLPL to the world (Category: Business)
- $3 m floor price set for T20 league franchises (Category: Business)
Placed amidst of wave of opportunity, today Sri Lanka is poised for exponential growth and sustainable economic development. In this context of emerging national prosperity, exports irrefutably play a pivotal role in driving the much anticipated economic progress. Exports are the main foreign exchange earners for the country and present many prospects for growth and ...
- Union Bank principal sponsor for 20th Annual NCE Awards (Category: Business)
- Mobitel sponsors Annual NCE Export Awards for 7th consecutive year (Category: Business)
- Union Bank Principal Sponsor for 19th Annual NCE Awards (Category: Business)
Human rights Human rights are on the top of agenda today. Nations accuse each other of violations of human rights of themselves and others. Rights are generally violated during conflicts and wars as the strength of the weapon supersedes peace over and stability and rule of law. There is no shortage of conflicts in most ...
- Make preparations count (Category: Business)
- Govt. readies for next UN session with national plan for human rights (Category: Business)
- Govt. appoints ministerial committee on human rights ahead of UNHCR sessions (Category: Business)
24th August 2012 Dr. P. B. Jayasundera, Secretary to the Treasury, Ministry of Finance & Planning The Secretariat, Colombo 1. Dear Dr. Jayasundera, Establishment of a Financial Services Authority and a Banking and Finance Commission I suggest for your consideration that you duly evaluate the long-term national economic benefits of enhancing effective fiscal management capability ...
- Promoting productive social protection (Category: Business)
- MBSL seminar on ‘Implications of the new Finance Business Act’ on 19 September (Category: Business)
- The loud voice of economists: Reform or perish (Category: Business)
- Taming the ‘monsters’ (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)
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