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Diesel & Motor Engineering PLC (DIMO) together with TATA Motors India recently introduced the latest range of TATA Small Commercial Vehicles (SCV) to Sri Lankan market. The SCV range comprises of the DIMO Batti (promoted in India as Tata Ace Zip), TATA Super ACE (earlier known as DIMO Lokka ) and DIMO 207 DI BULLET. ...
- President kicks off construction of domestic airport at Batti (Category: Business)
- New Range Of TATA Small Commercial Vehicles From DIMO (Category: Business)
- Airtel creates first millionaire in Batti. (Category: Business)
- Video: The mysterious death of cattle in Batti (Category: Video)
UNP MP Dr. Harsha De Silva yesterday called upon the Government to take urgent steps to reverse the decline in apparel exports. He said that the Central Bank had announced that apparel exports fell every month this year in spite of the depreciation of the currency in February. Monthly exports amounting to US$ 367 million ...
- October sees 20% decline in apparel exports from Sri Lanka (Category: Breaking News)
- Trade Performance (Category: Business)
- Trade Trends (Category: Business)
- Wall Street Journal spotlight on Brandix’s global push via regional foray (Category: Business)
by Sarath De Alwis The crisis is not in our system of higher education. The crisis is in not knowing what higher education is. Arrogance of presumed superior knowledge of the policy makers and dogmatism of the teachers has precipitated a debate that reflects a pedantry of crisis proportions. We do not seem to have ...
- Whither The National Education Policy Framework Of Sri Lanka? (Category: Breaking News)
- Friday Forum on crisis in the education sector (Category: Business)
- Say no to NEPF! Say no to abolishing free education! (Category: Breaking News)
- Free education and parents’ aspirations (Category: Business)
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
- 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
- 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)
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)
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)
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
- 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)
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)
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
- 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)
telegraph.co.uk: Sri-Lankas-former-army-chief-Sarath-Fonseka-calls-for-Arab-Spring-style-uprising.htmlGeneral Sarath Fonseka, the former Sri Lankan army chief jailed for running as an opposition candidate, has declared he will lead an Arab Spring-style uprising to force the government from office. Outlining his return to active politics after he was released from jail in May following pressure fro...
- Fonseka Begins Fast to Protest Treatment (Category: Breaking News)
- “Go Back To The Army”, Vasudeva tells Sarath Fonseka (Category: Breaking News)
- “Go Back To The Army”, Vasudeva tells Sarath Fonseka (Category: Breaking News)
- “Go Back To The Army”, Vasudeva tells Sarath Fonseka (Category: Breaking News)
By Shanuka Tissera The LAUGFS group held an awareness presentation at their head office yesterday in a bid to encourage and educate individuals on the benefits of an auto gas conversion. The life of an engine will be prolonged, you will help protect the environment, but the answer your wallet is listening for is that ...
- Sri Lanka Should Look At Promoting Conversion To LPG (Category: Business)
- Laugfs gas hikes prices (Category: Breaking News)
- Laugfs request price hike (Category: Breaking News)
- Laugfs Gas holds Invitation Cricket Tournament for Bulk Customers (Category: Breaking News)
LPG can be the ideal choice and energy solution in marching forward for a strong economic growth as it is versatile, efficient and cost effective. LPG is also considered an environmentally friendly fuel due to its lower carbon emissions. Unlike some other fuels in Sri Lanka, LPG does not receive
- Claim tax will kill LPG (Category: Australia, Tasmania )
- Gas Supply (Category: Business)
- Half Share (Category: Business)
- Europe winter forces up LPG (Category: Australia, Tasmania )
Govt. calls for strong energy conservation to prevent shortages, says hydro at 12%, CEB loses Rs. 200 m a day By Uditha Jayasinghe Despite the drought, the Government yesterday assured that there would be no power cuts but stressed on the need to increase power conservation to continue generation until the next monsoon season. ...
- Losses For This Year Rs. 29 Bn Says Minister (Category: Breaking News)
- CEB Spends Rs. 4.5 Million For Stall (Category: Breaking News)
- No light for CEB! (Category: Business)
- CEB is not a burden on national economy, says Power Minister (Category: Business)
The VE Commercial Vehicles Limited of India, manufacturers of Eicher trucks and buses, recently awarded NEM Constructions Limited Chairman/Managing Director Raja Nanayakkara for purchasing the highest number of Eicher tipper trucks from Associated Motorways Ltd. (AMW), which imports and markets Eicher commercial vehicles in Sri Lanka. VE Commercial Vehicles CEO Vinod Agarwal presenting the award ....
- AMW tops in Eicher tipper sales (Category: Business)
- AMW opens Piaggio three-wheeler showroom in Batticaloa (Category: Business)
- AMW opens Piaggio three-wheeler showroom at Dambulla (Category: Business)
- Samantha to spearhead AMW’s aggressive expansion as Group MD (Category: Business)
The new Jeep Compass 4×4, which goes on sale in July 2012, heralds an exciting future for the iconic Jeep brand. Along with the introduction of the much talked about all new Grand Cherokee and the Wrangler Rubicon Unlimited, Jeep enthusiasts in Sri Lanka can now enjoy the comfort and the splendour of the all ...
- Today’s Front Page 02-07-2012 (Category: Business)
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Like Sri Lanka, India is also facing a fuel crisis. However, some Indian economic experts had analysed the situation and expressed an opinion, which is applicable to Sri Lanka as well. In 1970 America insisted that all petroleum (crude oil) dealings should be in US dollars. Several countries
- Internationalization of Rupee – India’s Big Leap (Category: Breaking News)
- Foreign Navies request SLN training (Category: Breaking News)
- Bilateral Links (Category: Business)
- All-women delegation from India to visit Sri Lanka (Category: Breaking News)
The Sri Lanka Ports Authority (SLPA) has scheduled to commence a new project of laying of new bunker fuel pipelines, on a priority basis to be used by all license holders, with enhanced efficiency and productivity. This decision was made having realised the necessity of replacing
- A new oil tank for SLPA oil terminal (Category: Business)
- China Development Bank to lend $ 350 m for CMHI-Spence port project (Category: Business)
- Challenges of port development (Category: Business)
- Sri Lanka boosting Colombo bunkering capacity 50 pct (Category: Business)
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