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After over two decades, the untouched, charming beaches of Passikudah, in the eastern coast of Sri Lanka, are slowly being rediscovered for their scenic golden sands and calm waters, rich in biodiversity. The bay of Passikudah comprises of a flat, soft sandy bed extending approximately 100 meters into the sea with a shallow fringing coral ...
- Basil opens Amethyst Resort in Passikudah (Category: Business)
- Amethyst– the Gem of the East Coast (Category: Business)
- Citrus Group’s Passikudah land buy faces legal snag (Category: Business)
Sandeep Bhammer is the CEO of the Singapore based Somerset Entertainment Ventures (SEV) and above all an avid sports enthusiast. It is this interest in sports and an astute understanding of its commercial potential which inspired SEV to acquire overall sponsorship rights to exclusively partner with Sri Lanka Cricket (SLC) to launch the Sri Lankan ...
- Sri Lanka Premier League names Gayle, Angelo as international icons (Category: Business)
- Dilshan Munaweera on his inclusion in Sri Lankan World Twenty20 Squad (Category: Business)
- SLPL boost for tourism next month (Category: Business)
- $ 100,000 Gayle most prized player in SLPL; Lankan top stars fetch $ 50,000 each (Category: Business)
Union Bank of Colombo Plc (UBC) announced that the bank would be introducing a new state-of-the-art core banking solution that will enable the bank to add further value to improving its management processes and service delivery. UBC has picked the internationally renowned banking solutions supplier, Silverlake Systems, Malaysia to implement the core banking system that ...
- Union Bank the first to announce interim dividend for 2012 (Category: Business)
- Union Bank conducts free advisory service for SMEs in Chilaw (Category: Business)
- Union Bank welcomes Alex Lovell as new Chairman (Category: Business)
Laptop luck for Bogawantalawa tea plucker N.S.J. Arachchi of the Nugegoda Branch recently emerged the winner of the Rupees Million prize in Seylan Bank’s fifth ‘Thagi Pita Thagi’ draw. The fifth batch of winners received their awards from Seylan Bank Chairman Mohan Pieris PC, Executive Director R. Nadarajah and General Manager / CEO Kapila Ariyaratne ...
- Seylan Bank’s ‘Thagi Pita Thagi’ draw yields 7,890 winners so far (Category: Business)
- Winners galore in Seylan Bank’s ‘Thagi Pita Thagi’ draw (Category: Business)
- Seylan Bangkok tour winners set to take off (Category: Business)
- HNB Pathum Vimana 2011 prize winners get their rewards (Category: Business)
The Knowledge Conglomerate, an independent subsidiary of MTI Consulting dedicated to knowledge based businesses in Sri Lanka, has announced the launch of their Executive Education Series. The knowledge Conglomerate is intent to high performance knowledge-based business in Sri Lanka. The concept believes knowledge-based business will grow in size, importance and dominance and offers exciting, high ...
- The Knowledge Conglomerate launches Exec-Ed (Category: Business)
- The Knowledge Conglomerate launches Exec-Ed on Brand Management (Category: Business)
- Launches Exec-Ed On Brand Management (Category: Business)
- Know your ‘Manners in Management’ this week (Category: Business)
A solution for loss-making SOEs? In the USA, a new corporate entity referred to as a Benefit Corporation (B-Corp) has been brought into being. The states of Maryland, New Jersey, Virginia, California and Vermont have legislation which permits companies to combine the profit motive with the purpose of making a positive impact on society and ...
- Taming the ‘monsters’ (Category: Business)
- Corporatism: A step beyond state capitalism (Category: Business)
- IMF-led privatisation, land and resource grab in Sri Lanka (Category: Breaking News)
- Experimenting with State-Owned Enterprises (Category: Breaking News)
Peter Kropotkin is a Russian revolutionist who has commented in his book ‘The Conquest of Bread’ what he considers to be the weaknesses of the economic systems of capitalism and how poverty and scarcity thrives on. However, Kropotkin did not believe in the theory of state and is known as an anarchist. The issue of ...
- Sri Lanka state finances would improve with domestic domestic restructure: think tank (Category: Breaking News)
- Limits of statist development or state capitalism (Category: Business)
- Sri Lanka net government debt soars in 2021 despite zero foreign deficit finance (Category: Breaking News)
- Rupee depreciation: A powerful tool to drive growth and employment? (Category: Business)
A Governance Analysis of Frequency Allocation & TV Rights in Present Sri Lanka Frequency Allocation- A Grand Corruption? Understanding the state capture by Kleptocrats does not require a dedicated study; it is easily recognizable. For the benefit of keen students of governance, let me begin this article with the definition of Kleptocracy: “A form of political and government ...
- Video: 221214 MTV NFL HAKEEM EVENT (Category: Video)
- Watch “20-20” On CSN (Category: Breaking News)
- “Maximizing NFL Betting Success: Your Strategic Game Plan for Crushing the Vegas NFL Odds” (Category: Breaking News)
- With die-hard Dodgers fans like this, who needs the NFL? (Category: USA, California)
By Shanuka Tissera The new direction of the banking sector in Sri Lanka has been announced. Union Bank, one of Sri Lanka’s fastest growing banks, which was also the pioneer of internet banking in Sri Lanka, partnered with SLT PEO TV at Galle Face Hotel yesterday. SLT PEO TV paved a new path in the ...
- PEO TV, HBO promotion winners take away big prizes (Category: Business)
- Transforming towards broadband Sri Lanka (Category: Business)
- SLT deploys FTTX technology to boost broadband (Category: Business)
- DFCC Vardhana Bank promotes financial inclusion in 2011 (Category: Business)
DFCC Bank (DFCC) and DFCC Vardhana Bank (DVB) consolidated and integrated their presence on the information superhighway into one location through the launch of their new website www.dfcc.lk. With a view to delivering seamless banking services through a convenient, easy to navigate portal, the Banking Group hopes to meet the financial needs of the cyber ...
- “Make a Major Change in Leasing with “DFCC Bank – Unlock the Most Affordable Option in the Market” (Category: Breaking News)
- DFCC Vardhana Bank takes exclusive personalised banking to Jaffna (Category: Business)
- DFCC Vardhana Bank opens 125th branch in Kegalle (Category: Business)
- Introducing DFCC Freelancer World Mastercard Credit Card – A First for Freelancers in Sri Lanka (Category: Breaking News)
The DFCC Group yesterday disclosed that it has posted a consolidated profit after tax of Rs. 2,973 million for the financial year 2011/12. The figure is an increase of 37% over the Rs. 2,170 million recorded in the previous year (excluding the exceptional profit relating to the reduction of DFCC’s shareholding in Commercial Bank of ...
- DFCC Group posts Rs. 702 m after tax profit in 1Q (Category: Business)
- DFCC Vardhana Bank PAT up by 92.5% (Category: Business)
- Strong growth at DFCC Vardhana Bank in 1H (Category: Business)
- Fitch affirms DFCC Vardhana Bank at ‘AA-’ (Category: Business)
By Damien The Secretary to the treasury Dr. P.B Jayasundera recently made statement that the country is wasting the foreign currency on things that can be made in this country. I would like to add to this by stating that as a country we should have clear targets and policies that are aimed at both ...
- Subsidized student loan scheme through commercial banks in addition to existing interest-free st... (Category: Breaking News)
- Banks lift overseas spending limits imposed on credit cards as dollar liquidity improves (Category: Breaking News)
- Ten problems; one solution (Category: Business)
- Causes Of Economic Crisis In Sri Lanka & Lessons For A New Age (Category: Breaking News)
Everybody looked as if they were something out of Jurassic Park. It was probably the eerie blue lighting. As I perched myself on a chair I whispered softly to my companion on my right that she looked good. She actually did. Despite the awful lighting – perhaps because she had wisely chosen white for her ...
- Test cap in sight (Category: Australia, Queensland)
- Nowhere to hide from wind and snow after blizzard takes over Council Bluffs Friday (Category: USA, Nebraska)
- Nowhere to hide from wind and snow after blizzard takes over Council Bluffs Friday (Category: USA, Nebraska)
- Nowhere to hide from wind and snow after blizzard takes over Council Bluffs Friday (Category: USA, Nebraska)
By Cassandra Mascarenhas The biggest mobile forum in the region, the South Asian Mobile Conference was held for the third year in Colombo earlier this week, bringing together some of the world’s top experts in the mobile sphere, developers of the next generation, researchers, academics and policy makers, creating a platform for a chance of ...
- Creating digital inclusion and regional connectivity (Category: Business)
- Microsoft, Nokia unveil new Lumia smartphone (Category: Business)
- Google+ and Apple iCloud bring mobile platform battle to the cloud (Category: Business)
CHENNAI (TrustLaw): Indian villager Jaya places the bright pink, sequined, moulded C-cupped designer bra under the needle of her sewing machine and carefully stitches the seams together. The padded “Very Sexy” push-up bra which 22-year-old Jaya sews is for American lingerie retailer Victoria’s Secret – designed to give a “boost” to buyers in hundreds of ...
- Kate Moss and Lara Stone strip for Pirelli calendar (Category: Business)
- D’Divas brings haute couture to Cambridge (Category: Business)
- Leaders unequal - Women in South Asia (Category: Business)
- Women’s political participation must be accelerated through quotas (Category: Business)
The first quarterly draw of the Nations Trust Bank (NTB) Nations Saver Promotion was held recently in the presence of an official from the Western Provincial Council and six winners from each branch were selected and awarded an array of electrical home appliances. The prizes included a double door refrigerators, 22” LCD televisions, washing machines, ...
- Nations Trust Bank opens Personal Banking Centre at Keells Super, Rajagiriya (Category: Business)
- NTB partners National Exchange Company of Italy to extend global remittance network (Category: Business)
- NTB takes 365-day banking to the city of gems (Category: Business)
- NTB extends reach to Malabe (Category: Business)
E.A. Dayawathie (56), a year teacher from Matugama recently won the top prize of Rs. 1 million in Seylan Bank’s (February) ‘Thagi Pita Thagi’ draw, becoming the fourth millionaire to date. “I never expected to win the top prize. And yes of course I am very happy,” she says. With 24 years teaching experience, Dayawathie ...
- Seylan launches ‘Thagi Pita Thagi’ with mega benefits on offer (Category: Business)
- Seylan Bank’s ‘Thagi Pita Thagi’ draw yields 7,890 winners so far (Category: Business)
- Winners galore in Seylan Bank’s ‘Thagi Pita Thagi’ draw (Category: Business)
An internship with MAS Holdings, Deutsche Bank and DialogCorporate heavyweights MAS Holdings, Deutsche Bank and Dialog Axiata PLC are in search of the next batch of exceptional interns to join their annual Summer Internship Program, commencing July 2012. This joint initiative is rated one of the best internship programs in the island and has been ...
- Major summer internship program kicks off (Category: Business)
- MAS-Deutsche Bank-Dialog Summer Internship Program ends successfully (Category: Business)
- Deutsche Bank rolls out new integration solution for Dialog Axiata (Category: Business)
- Dialog empowers 7.5m with mobile money transactions (Category: Business)
As we approach VESAK I am readying myself to witness first hand the hypocrisy of this nation. Led by the government of Sri Lanka and the totally abhorrent laws concerning alcohol its sale and consumption the public led by those with ecclesiastical authority pay scant regard for the laws of Sri Lanka. On the one ...
- Sri Lanka President Ranil Wickremesinghe’s message for 2024 Vesak Day (Category: Breaking News)
- Vesak Day Celebrations in Sri Lanka (Category: Breaking News)
- Unite in solidarity to rebuild an affluent Sri Lanka – President (Category: Breaking News)
- All Sri Lankan’s must unite irrespective of race, religion, caste or political affiliation to he... (Category: Breaking News)
The solar energy development will not face any obstruction as it generates energy through sunlight. Being alternative energy source, it is sustainable as well as eco-friendly. An American political activist Ralph Nader writes- 'the use of solar energy has not opened up because the oil industry does not own the sun. 'Yes! if we use the costly diesel generators to tide over long load shedding...
- How long will power cuts be? (Category: Breaking News)
- NO POWER CUTS (Category: Breaking News)
- No power cuts without advance notice – CEB (Category: Breaking News)
- Power cuts during today as well (Category: Breaking News)
Sri Lanka spent Rs. 56 b on above-the-line advertising in 2011 Taking wing to India for meetings is a usual routine for any business leader attached to a multinational in Sri Lanka as most such organisations have their regional offices in India. During a recent visit to India, the hype surrounding IPL – 5th edition ...
- The brand IPL is about highlighting performance (Category: Business)
- A brilliant marketer? (Category: Business)
- Storms brewing in teacups (Category: Business)
- ‘Pure Ceylon Tea’ or ‘tea hub’? The billion dollar question (Category: Business)
The need for an integrated program on a war footingIn 2008, eight prizewinning economists were asked to list the type of projects which would do the most good for the most number of poor people, if they had an imaginary $ 75 million to spend. Half of their proposed projects involved nutrition. There has been ...
- Sri Lanka: Tea rich but nutrient poor (Category: Business)
- Dairy: The mirage of self-sufficiency (Category: Business)
- Equity and well-being in Sri Lanka (Category: Business)
By Marianne David HSBC and the British Council launched ‘HSBC Youth Enterprise Awards 2012’ yesterday, a business plan contest aimed at recognising young entrepreneurs in Sri Lanka. Open to Sri Lankan undergraduates, postgraduates and students aged 16 to 26 representing universities, private higher education institutions, technical and vocational institutions and professional training ...
- HSBC and British Council recognise talented young entrepreneurs (Category: Business)
- British Council and HSBC to assist Sri Lankan students (Category: Breaking News)
- Rio de Janeiro to host 2013 Global Entrepreneurship Congress (Category: Business)
HNB Pathum Vimana, the biggest deposit draw in Sri Lanka, has rewarded countless Sri Lankans with amazing prizes over the last twenty years. The lucky winners of the Pathum Vimana 2011 draw received their prizes at a ceremony organized by Hatton National Bank. The prize presentation for the winners was held at HNB Towers on ...
- HNB donates school books in Nochchiyagama in conjunction with Deyata Kirula 2012 (Category: Business)
- HNB promotes Pathum Vimana 2012 (Category: Business)
- Independence Day launch for HNB Pathum Vimana 2012 (Category: Business)
- HNB launches Pathum Vimana 2012 on Independence Day (Category: Business)
By Faraz Shauketaly The National New Year celebrations – Sinhalese and Tamil New Year – provides an unparalleled opportunity each year to visit friends, relax and simply do nothing. It is also an opportunity to make all the politically correct sound bites and assure anyone and everyone including pedantic outlaws (read in-laws) how very much ...
- Tsunami warning lifted in SriLanka (Category: Breaking News)
- No Tsunami threat for Sri Lanka (Category: Breaking News)
- Tsunami warning to be reviewed in an hour: East urged to be vigilant (Category: Breaking News)
- Tsunami preparedness pays off (Category: Business)
With ending of the Maha season paddy harvesting, newspapers and TV have been highlighting problems encountered by farmers in disposing of their harvest. Due excellent weather, free from drought, flood and disease, farmers have received a bumper crop but the problem is to convert the harvest into cash, in order to settle debts incurred in ...
- ‘Fodder’ for thought (Category: Breaking News)
- Govt. all hat no cattle (Category: Breaking News)
- The drought, Mahaveli waters and the farmer (Category: Business)
- Drought and lessons learned (Category: Business)
The challenges Sri Lanka has to face in its march towards development are manifold. Although the war has ended the wrong political ideologies, the proposals and timetables it created are still in operation. By Government Information Department Additional Director General Chandrapala Liyanage Similarly, various social activity groups and individuals and organisations operating under the advice ...
- President’s leadership led to great achievements in ICT: Weeratunga (Category: Business)
- Building resilience in Asia Pacific’s digital society (Category: Business)
- Namal on dynasties and democracies (Category: Business)
- EDB turns 33 (Category: Business)
The appointment of tycoon Harry Jayawardena’s daughter to the Board of Hatton National Bank (HNB) on Friday has brought with it several interesting developments. Harry J resigned from the HNB Board in December 2011 after being on it for over 20 years. Harry-controlled companies own 18.3% voting shares and 15% of total capital. A nominee ...
- Top engineer Rohan appointed to HNB Board (Category: Business)
- Harry’s daughter, Rusi Captain among new faces on HNB Board (Category: Business)
- Harry’s 23-year stint on HNB Board ends (Category: Business)
- Amitha to be appointed MD of Harry’s Melstacorp (Category: Business)
Seylan Bank has already awarded a total of 7890 winners in its blockbuster ‘Thagi Pita Thagi’ draw since its grand launch in October last year. Hailing from different parts of Sri Lanka, the lucky customers have won from an array of prizes such as monthly Rs. 1 million, motor bikes, LCD TVs, refrigerators, home entertainment ...
- Winners galore in Seylan Bank’s ‘Thagi Pita Thagi’ draw (Category: Business)
- Seylan Bangkok tour winners set to take off (Category: Business)
- HNB Pathum Vimana 2011 prize winners get their rewards (Category: Business)
- Union Bank Save and Win promotion produces 100 lucky winners (Category: Business)
The Platinum Honours is an annual event that is held by the Alumni of the Postgraduate Institute of Management (PIM) in order to recognise the PIM graduates who perform exceptionally well in their careers. This is a prestigious recognition that motivates graduates to continue with significant growth and performance. This year’s ceremony will be held ...
- PIMA Honours Prof. Uditha Liyanage (Category: Breaking News)
- PIMA Platinum Honours 2011 (Category: Business)
- Rajudin appointed as Arpico Finance MD (Category: Business)
- Dr. Kalam to address PIMA, CIMA forum on Sunday (Category: Business)
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