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By Cassandra Mascarenhas Exploring opportunities for trade, technology transfer and alliances with local companies, a delegation of business leaders from Northern Ireland was present in Sri Lanka earlier this week to meet with prospective partners to initiate further business relationships. Invest Northern Ireland (Invest NI), an initiative of UK regional business development agency, with the ...
- Carrickfergus Consultancy signs joint venture in Sri Lanka (Category: Business)
- Northern Ireland sends business leaders to Sri Lanka (Category: Breaking News)
- Mega ‘India Show’ to open in Colombo this week (Category: Business)
- BRC sets up HR development company in Sri Lanka (Category: Business)
With reference to the Daily FT 14 November 2011 article ‘Basil bats for revival bill,’ Colombo Hilton promoter and former Chairman of Hotel Developers Lanka Plc Cornel Perera has sent the following rebuttal:The article contained the full speech by Economic Development Minister Basil Rajapaksa
- Hotel Developers responds to Cornel Perera’s rebuttal (Category: Business)
- A 5-star loss! (Category: Business)
- Financial commitments/comparisons, then and now (Category: Business)
- Basil defends takeover bill (Category: Breaking News)
President Mahinda Rajapaksa presents development-oriented fiscal programme for 2012 and medium-term policy framework with support for almost all key segments of society and economy In their initial takes, overall welcome tone from private sector, though a few express concerns on select proposals President and Finance Minister Mahinda Rajapaksa yesterday presented what the Government described as ....
- Financing of 2011 Budget goes haywire (Category: Business)
- Govt. to abolish duty-free vessel imports to boost $ 500 m boating industry (Category: Business)
- ‘Clarity, consistency and continuity’ (Category: Business)
- Economic management and the way forward (Category: Business)
Following are the brief key suggestions that came out at the groundbreaking pre-Budget 2012 brainstorming session held recently under a joint initiative by the Daily FT and the MBA Alumni Association of University of Colombo with Secretary to the Treasury Dr. P.B. Jayasundera as the Chief Guest
- Hapag in SCE Combo Service 2012 – Trans-Pacific Trade (Category: Business)
- Boosting Asia’s resilience (Category: Business)
- Actuaries, pipe welders, gecochemists wanted by UK (Category: Breaking News)
UNP MP Dr. Harsha de Silva fired a fresh salvo at Central Bank Governor Nivard Cabraal for moving away from his statutory role of being monetary policy-centric and making strong statements concerning fiscal policy which is the job of Finance Ministry. Dr. de Silva was responding to some of the recent statements by Cabraal about ...
- A rosy update (Category: Business)
- Central Bank sees rupee firming helped by inflows (Category: Business)
- CB says all June-end IMF loan targets met (Category: Business)
This is the eighth article in the Daily FT’s fortnightly series titled ‘Business of Sports,’ focusing on the back office of the various sports administered and played in this country. Readers are invited to share their views and express their opinion via email to editor@ft.lk
- ‘The Business of Sports’: A long overdue commentary! (Category: Business)
- Bid for $17m disability sports centre (Category: South Australia)
- Proposed winter sports guidelines include masks for athletes while playing (Category: USA, Maine)
- Liberals tackle Ellis on Oval funding (Category: South Australia)
The Institute of Chartered Corporate Secretaries of Sri Lanka in partnership with the Daily FT organised a seminar titled ‘Share Market Volatility – Causes and Remedies,’ last week which brought to the table many issues concerning the Colombo stock market
- Time to buy as market has corrected itself enough: Panel (Category: Business)
- Top seminar on ‘Share market volatility — causes and remedies’ tomorrow (Category: Business)
- Top seminar on ‘Share market volatility – causes and remedies’ today (Category: Business)
- Banking foresight – Shaping integrated development (Category: Business)
By Cheranka Mendis Chairman and founding member of CSR Asia, Richard Welford was in Sri Lanka for a hands on two day training course titled ‘Embedding global compact and sustainability in to your organisation’. Organised by UN ESCAP, Global Compact Network Ceylon and The Global Compact Regional Support Centre Asia Pacific, the course was taken ...
- Rio+20 and the developing world (Category: Business)
- Managing in a developing context (Category: Business)
- Achieving economic goals amidst global challenges (Category: Business)
Deepal V. Perera reporting from St. Kitts Hambantota Bid Co-Chairman Ajith N. Cabraal is cautiously optimistic that delegates of the Commonwealth Games Federation annual assembly will vote through Sri Lanka to host 2018 contest in Hambantota. Hambantota Bid Co-Chairman Ajith N. Cabraal with CEO Nalin Attygalle at a briefing. Pic by Deepal V Perera He ...
- Rising stars shine light on Hambantota bid (Category: Business)
- CWG bid money not wasted: Cabraal (Category: Business)
- 2018 CW Games bid team appeals to underdog status (Category: Business)
- Hambantota confident as 2018 Commonwealth Games Vote countdown begins (Category: Business)
The Institute of Chartered Corporate Secretaries of Sri Lanka and the Daily FT have brought together an expert panel of speakers to examine the state of the share market. Aptly titled ‘Share market volatility – Causes and Remedies’ the power-packed seminar will be held
- Farmers' market mooted for Whyalla (Category: South Australia)
- Gas pipeline project in New Mexico halted amid pandemic (Category: USA, New Mexico)
- Wednesday, January 20th: Bright Ideas: Mompreneurs (Category: USA, New Hampshire)
- Gas pipeline project in New Mexico halted amid pandemic (Category: USA, New Mexico)
The Institute of Chartered Corporate Secretaries of Sri Lanka and the Daily FT have brought together an expert panel of speakers to examine the state of the share market. Aptly titled ‘Share market volatility – Causes and Remedies’ the power-packed seminar will be held tomorrow
- China steps up pressure on Alibaba with anti-monopoly probe (Category: USA, South Dakota)
- China steps up pressure on Alibaba with anti-monopoly probe (Category: USA, South Dakota)
- National Chamber seminar on ‘Investing in the Stock Market’ (Category: Business)
- Top seminar on ‘Share market volatility – causes and remedies’ today (Category: Business)
The American Center in Colombo held its ‘Open Mike Competitive Poetry Slam’ at the American Center Auditorium on 27 October. Introduced for the first time in Sri Lanka, the ‘Poetry Slam’ called out to poets, spoken word stars, rappers and performance artistes. With an award for the best performer and free entrance, the event drew ...
- Poetry Slam Season Three to kick off next week (Category: Business)
- Thursday, December 17th: Hershel and the Hanukkah Goblins (Category: USA, New Hampshire)
- Thursday, December 17th: Hershel and the Hanukkah Goblins (Category: USA, New Hampshire)
- Thursday, December 17th: Hershel and the Hanukkah Goblins (Category: USA, New Hampshire)
This is the seventh article in the Daily FT’s fortnightly series titled ‘Business of Sports,’ focusing on the back office of the various sports administered and played in this country. Readers are invited to share their views and express their opinion via email to editor@ft.lk
- Sri Lanka sports: Mired between power plots and honey pots! (Category: Business)
- ‘The Business of Sports’: A long overdue commentary! (Category: Business)
- A sports economy: New mantra for a sporting nation! (Category: Business)
- Is Sri Lanka Sports being waylaid by mercenaries? (Category: Business)
The courage the Government has demonstrated in cancelling the CATIC deal and yet feeling secure, rather than embarrassed by it, must be recognised. It is a responsible step, a prudent decision, which will have enduring benefit both in terms of national policy and FDI strategy. This step will also earn the respect of the indigenous ...
- Sovereign Wealth Funds (Category: Business)
- Sector report (Category: Business)
- Unilever’s Pears to make millionaire children (Category: Business)
- Revamped Siddhalepa Ayuverda Health Resort opens (Category: Business)
Recently the Daily FT reported that the Board of Blue Diamonds Jewellery Worldwide Plc was getting richer with Managing Directors and if that wasn’t enough, the company last week announced more additions – bringing the total number of Directors to a high 15. The latest appointments
- Blue Diamonds poor with profits, rich with MDs! (Category: Business)
- BAT asks for five board seats in BLUE (Category: Business)
- Proposal to appoint directors to Blue Diamonds rejected (Category: Business)
Amidst woes in US and European markets, Sri Lanka’s apparel sector has survived to grow with the outlook for the next few quarters remaining positive, industry sources told the Daily FT yesterday. Whilst July saw earnings from textiles and garments increase year on year by 5% to US$ 385
- July tea exports higher versus June, down year-on-year (Category: Business)
- Mixed bag for Lankan exports (Category: Business)
- July tea output down 11.5% (Category: Business)
- Sri Lanka exports up 11.8-pct up to July 2022 (Category: Breaking News)
Despite being a regional leader in enforcing standards, Sri Lanka still has a long way to go before reaping the full benefits of having its exports globally accepted. Studies have shown that a country can add as much as 1% to its GDP by proscribing to international standards. Daily FT met
- ISMM conducts second CPD/CPE program for 2012/13 (Category: Business)
- LAUGFS Eco Sri gets ISO 9001 (Category: Business)
- PHDT awarded international certification for quality management (Category: Business)
Growth assets are a good investment in the current climate Felix Stephen is the Manager Investment Strategy and Research at Advance Asset Management Ltd., Sydney, aapart of Westpac, which is one of the big four banks in Australia. He spoke to the Daily FT about the global economy and investment
- Europe woes weigh on shares, euro; US job data eyed (Category: Business)
- Bond, stock managers find opportunities in Sri Lanka (Category: Business)
- Global financial system risks escalate, says IMF (Category: Business)
Way to wow the world? Issuer of Rs. 7 b biggest post-war IPO People’s Leasing confident of success midst challenges Says pricing attractive with good upside, robust leasing industry growing at double digit Preferential allocation for foreigners; strong appetite following road shows in Singapore, Hong Kong; next stop is three cities in India; managers believe ...
- Biggest ever IPO by PLC opens today (Category: Business)
- Amidst crisis in bourse, PLC IPO shines with record Rs. 9.5 b demand (Category: Business)
- ‘Subscribe’ People’s Leasing IPO says SC Securities (Category: Business)
NIMS University India has launched its MBA in Sri Lanka following the establishment of its Sri Lanka Campus in July 2011. It is an MBA conforming to international standards with 18 taught modules over a two year period. It is delivered by an unmatched panel of lecturers including both academics and industry practitioners. This quality ...
- NIMS-NEXT promotes MBA for today’s global business environment (Category: Business)
- SLIM commences new MBA intake from Bucks Uni, UK (Category: Business)
- Outward Bound Trust – Sri Lanka responds (Category: Business)
- Intake now open for world renowned MBA offered by CA Sri Lanka Business School (Category: Business)
By Cheranka Mendis Classic Travel (Pvt) Limited early this week partnered with the holiday division of Thai Airways International, Royal Orchid Holidays who promises to ‘provide unmatched experiences to the Sri Lankan holiday maker.’ The agreement appoints Classic Travel as an agent for Royal Orchid Holidays. Chief Executive Officer Classic Travel Suresh Mendis speaking to ...
- Blockbuster holidays with HSBC this season (Category: Business)
- Celebrate Christmas with SIA Holidays (Category: Business)
- Poli (Sigh): Hunker Down For The Holidays (Category: USA, Indiana)
- Poli (Sigh): Hunker Down For The Holidays (Category: USA, Indiana)
of the municipality on an election extravaganza. In a candid interview with the Daily FT, the ...
- Hashim on UNP leadership crisis, pressing national issues (Category: Business)
- DPF to the fore (Category: Business)
- “UPFA will win the election” (Category: Business)
- Muza upbeat on Colombo (Category: Business)
IOS says that SL can take local benchmarks to the world to grow exportsBy Uditha Jayasinghe Sri Lanka’s attempt to broaden its presence in international markets must be led with its adherence to international standards and best practices, says an international expert. The International Organisation for Standardisation (IOS) Secretary General Rob Steele told the Daily ...
- Promoting standards (Category: Business)
- ISMM conducts second CPD/CPE program for 2012/13 (Category: Business)
- Better accounting standards key to woo investors (Category: Business)
- Sri Lanka health authorities to deal with the sweet tooth (Category: Breaking News)
By Cassandra Mascarenhas Professional Edge Consulting, a Canadian company based in Ottawa headed by young Sri Lankan entrepreneur Praveeni Perera is set to commence its entry onto a global platform in Sri Lanka with the launch of ‘Manners in Management’, a two-day conference in business etiquette to be held in March 2012. The company offers ...
- Know your ‘Manners in Management’ this week (Category: Business)
- Professional Edge Consulting to host ‘Manners in Management’ etiquette workshop (Category: Business)
- Professional Edge Consulting launches more programs for Sri Lanka (Category: Business)
- Nailing that job takes more than a résumé (Category: Business)
President seeks legal advice; Major General has 21 days to respond By Nisthar Cassim in New York Sri Lanka’s Deputy Permanent Representative in the United Nations Major General Shavendra Silva yesterday said he was prepared to face any international court for the sake of Sri Lanka and defend the country. He had been served summons ...
- US State Department refuses to comment on Major General Shavendra Silva’s case (Category: Business)
- Sri Lanka Prisons Chief appears in Court to clarify reasons for failing to produce Fonseka on time (Category: Breaking News)
- US case against Shavendra dismissed (Category: Breaking News)
- Shavendra Silva endorsed immunity by US State Dept. (Category: Breaking News)
Says business environment needs to improve, seventh review to be concluded in December By Deepal V. Perera in Washington DC The International Monetary Fund (IMF) yesterday stated that in the face of the global downturn, the performance of the Sri Lankan economy has been impressive. “The Sri Lankan economy suffered a lot during the conflict ...
- Lanka progressing well - International Monetary Fund (Category: Breaking News)
- Lanka growth to dip below 7.5% – IMF (Category: Business)
- IMF Disburses US$ 216.6Mn Tranche (Category: Breaking News)
- Sri Lanka’s debt restructuring likely to be complete by September – IMF (Category: Breaking News)
By Nisthar Cassim in New York President Mahinda Rajapaksa described his engagement with the United Nations member countries last week as very successful for him personally and Sri Lanka at large. “I am very happy with the visit as it was very productive and through our discussions we were able to portray the true picture,” ...
- Mahinda kicks off busy UN programme, attends General Assembly plenary (Category: Business)
- British government asks Sri Lanka to show progress or face international pressure (Category: Business)
- SL to protest against taking up Darusman report – External Affairs Minister (Category: Business)
Buoyant on a lucrative trend, Sri Lankan rubber manufacturers have requested the Trade Ministry to double the cess on raw rubber exports, creating the stage for a clash with producers. Sri Lanka, the seventh largest natural rubber exporter in the world, has decided to increase taxes to reduce raw rubber exports, the Trade Ministry stated ...
- Sri Lanka cashes in on mineral sands surge (Category: Business)
- Levy Request (Category: Business)
- Rubber rues over cess hike (Category: Business)
- Rubber Pressure (Category: Business)
John Keells Holdings Plc is empowering its leisure group staff with training from the world-renowned Jumeirah Group-linked Emirates Academy of Hospitality Management (EAHM) in Dubai. The company said yesterday that over 500 leisure sector employees have so far undergone training and exposure on both practical and theoretical aspects of hospitality and service excellence as part ...
- Rs. 90 Mn. For Training (Category: Breaking News)
- Leisure laughs! (Category: Business)
- JKH revamps leisure footprint with Chaaya Tranz, Chaaya Wild (Category: Business)
- WTA honours global travel giants (Category: Business)
By Cheranka Mendis Creating the first ever global partnership in launching an international MBA programme via mLearning platform, Mobitel on Monday tied up with Edinburgh Napier University, Scotland, one of UK’s top 10 universities, to offer world class MBA qualifications for local students. The tie-up would enable students island wide the opportunity to hold a ...
- UK, Lanka partnership to boost business education (Category: Business)
- NIMS-NEXT promotes MBA for today’s global business environment (Category: Business)
- Edinburgh Napier University and BMS launch Global MBA in Sri Lanka (Category: Business)
- Edinburgh Napier University and BMS launch Global MBA in Sri Lanka (Category: Business)
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