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Fact-finding visit to Mannar on 8 and 9 August 2012 On 18 July 2012 there was a protest outside the Magistrate’s Court in Mannar that turned violent. According to media reports, the incident occurred in relation to a dispute regarding a fishing harbour in the Uppukulam area of Mannar. The Citizens’ Commission on the Expulsion ...
Reuters: A Norwegian court found Anders Behring Breivik sane on Friday and gave him a maximum jail term for murdering 77 people in a shooting and bombing last year, offering closure to a Nordic nation devastated by its worst attack since World War Two. Breivik, who has admitted blowing up the Oslo government headquarters with ...
Son of Sudath Munaweera, a former first-class cricketer, Dilshan Munaweera began playing at the age of nine and has represented Nalanda College, Sri Lanka under 19, Bloomfield C & AC, Sri Lankan A and now is a part of the UVA NEXT franchise in the SLPL. An opening batsman, Munaweera has been picked to the ...
REUTERS: Tiger Woods overshadowed playing partner Rory McIlroy while Padraig Harrington stole the limelight by taking overall command in Thursday’s opening round of the Barclays tournament in Farmingdale, New York. Wielding a red-hot putter, Irishman Harrington covered his final nine holes in a blistering six-under-par 29 to card a seven-under 64 in the first of ...
The Central Bank said yesterday inflows to the services account of the balance of payments remain buoyant despite challenging conditions. It said earnings from tourism in June 2012 grew by 20.6%, year-on-year, to $ 63 million, while during the first six months of 2012, earnings from tourism have grown at a robust rate of 24.3%, ...
Several chambers of commerce and trade have praised the Government’s stable tax regime, according to the Ministry of Commerce and Industry. It said that during a meeting between Minister Commerce and Industry Rishad Bathiudeen and representatives of Ceylon Chamber of Commerce, the National Chamber of Exporters and the Industrial Association of Sri Lanka yesterday, they ...
Reuters: Cheteshwar Pujara, brought in as a replacement for Rahul Dravid, struck his maiden test century to put India in command on the opening day of the first test against New Zealand on Thursday. Pujara’s unbeaten 119 took the hosts to 307 for five at the close after winning the toss. Captain Mahendra Singh Dhoni ...
Indo-Lanka relations Indo-Lanka relations have been cordial ever since the two countries gained independence. The most notable act of magnanimity on the part of India was to cede the Island of Katchchathivu to Sri Lanka through an agreement between the two countries. Relations have intermittently been strained due to domestic ethnic issue having had a ...
Reuters: China’s factories contracted in August the most in nine months according to a survey showing falling export orders and rising inventories, signs that more policy action is probably needed to stop a slowdown in economic growth now in a seventh quarter. The HSBC Flash China manufacturing purchasing managers index (PMI) fell to 47.8 in ...
Why the Government should listen to the demands of university academics Sri Lanka is experiencing the dividends of peace at the moment. The Sri Lankan economy has expanded by a healthy growth rate of 7.9 per cent during the first quarter of this year, from the same period a year earlier. A Global Survey ...
Reuters: About one million Indian bank employees began a two-day strike on Wednesday to protest against reforms that could ease mergers rules and allow more private capital into the sector, hitting banking transactions and some market trading operations. The strike, involving mainly the staff of state-run banks that make up around 70% of the sector, ...
Micromax Informatics Ltd. (Micromax), India’s leading handset manufacturer has announced the appointment of Metropolitan Telecom Services as its sole agent in Sri Lanka. Through this exclusive partnership, Micromax hopes to aggressively expand its activities and presence in the country. Micromax has over 50 handsets in its portfolio from basic phones to 3G technology handsets with ...
For the 10th consecutive year, the Best Corporate Citizen Award will be held in Colombo on 14 November. The applications close on 14 September. The Best Corporate Citizen Award assesses the performance of a corporate and its interactions with its stakeholders in a number of areas spanning environment, employees, customers and suppliers, community and governance ...
By Amantha Perera IRIN: Rising temperatures, a late monsoon and dwindling rivers in parts of Sri Lanka are straining the energy sector and threatening crop yields. Local experts say water conservation has become an urgent necessity. In Moneragala District, in the east of the island, a man who gave his name as Somadasa said he ...
Sri Lanka and Seychelles will establish a direct air link between the two countries immediately, enabling increased trade and tourism between the two island nations and neighbouring countries. At the discussion on Tuesday held between the visiting Seychelles President Alix Michel and Minister of Economic Development Basil Rajapaksa, it was decided to open up a ...
SINGAPORE, (Reuters): Asia’s crude imports from Iran are set to recover in September to levels reached before a July 1 insurance ban by the European Union plunged trade with the Islamic Republic into uncertainty not seen in decades. Top Asian buyers — China, India, Japan and South Korea together take more than half of Iran’s ...
CAIRO (Reuters): Egypt has formally requested a $4.8 billion loan from the International Monetary Fund, a spokesman for its president said on Wednesday during a visit to Cairo by IMF chief Christine Lagarde to discuss support for the country’s ailing economy. Egypt’s finance minister said last week Cairo would discuss the possibility of the bigger-than-expected ...
India captain Mahendra Singh Dhoni has no doubts the team will miss the experience of Rahul Dravid and VVS Laxman but expects young players to step up and fill the void created by the retirement of the batting stalwarts. The hosts finally face the transition problem that had been on the cards for quite some ...
Consumers are taking control of their banking relationships, are increasingly likely to change banks and expect to be able to choose between a range of service levels and costs according to Ernst & Young’s 2012 global consumer banking survey. The study, which questioned 28,560 banking customers across 35 countries, highlights how customers also expect to ...
By Cheranka Mendis Seylan Bank’s CEO and MD Kapila Ariyaratne recently joined Daily FT for a brief chat on the performance of the bank, future plans and market trends. The bank as at now holds 11% shares in advances and 10.6% in deposits within the private local commercial bank market in the country. Q: How ...
With the generous support of the American people through the US Agency for International Development, Volunteers for Economic Growth Alliance (VEGA) is implementing the US $24 million VEGA/BIZ+ program in Sri Lanka. The program’s main focus is on expanding livelihood opportunities that can enhance economic productivity, boosting household incomes in former conflict areas and promoting ...
As yet another step in its mission to lead Sri Lanka’s ICT transformation across the rural areas, the National Mobile Service Provider, Sri Lanka Telecom Mobitel recently announced the unveiling of their de-centralized IT Centre in Kegalle. The Centre was recently, ceremoniously declared open by the Minister of Telecommunication and Information Technology Hon. Ranjith ...
What is sales management? Sales management is a business discipline which is focused on the practical application of sales techniques and the management of a firm’s sales operations. It is an important business function as net sales through the sale of products and services and resulting profit drive most commercial business. These are also typically ...
Shane Warne has been confirmed as the captain of the Melbourne Stars for this season’s Big Bash League, and he will be joined by Lasith Malinga in the line-up. The Stars unveiled their latest signings on Tuesday in Melbourne, which brings their list to 16 and leaves them with two more spaces to fill before ...
Australia advanced to the final of the ICC U19 Cricket World Cup after defeating South Africa by four wickets in Townsville on Tuesday. After winning the toss and electing to bowl at Tony Ireland Stadium, the home side managed to restrict South Africa to 191for eight from its 50 overs. Cameron Bancroft (65) and Kurtis ...
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 ...
Reuters: Shares rose on Tuesday as investors held on to hopes the European Central Bank can trim borrowing costs and help restore confidence in the euro bloc, even as officials denied a report about the shape of its planned bond buying strategy. But most other assets – from the euro to oil
Reuters: The Central Bank believes the rupee can strengthen to around 125 per US Dollar due to high foreign inflows into the economy, the Head of the country’s monetary authority said of Monday. Since April, the Central Bank and Finance Ministry have repeatedly said the rupee should stabilise at around 125 per dollar, given the ...
Exciting opportunity for high school and college students Scholarship for USA (Private) Limited of Sri Lanka (www.scholarshipsforusa.com) recently learned of some exciting opportunities offered by the Summer Session program at the University of Chicago. Priyanthi and Padmasena Dissanayake, Directors of SUSA currently travelling in the US, were recently received by Daniela Abuzatoaie, Direct...
By Cheranka Mendis SriLankan Airlines, one of the only two Government entities that managed to secure Silver at the HRM Awards organised by the Association of Human Resource Professionals last month, joined Daily FT to share the best practices that led the company to win the award after a lapse of five years. Having taken ...