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Expects 2012 to continue 2011 success despite anticipating slow year By Cheranka Mendis Kia Motors is geared to embrace a phenomenal year in 2012, riding high on the extraordinary success of 2011. Launching the final model that was to be introduced to the local market in 2011, the all new fourth generation Kia Rio, Kia ...
TOURIST operators are concerned Hobart's heavily booked hotels could limit the number of overseas and interstate visitors during summer.
Research related to Human Resources is a growing global priority. We saw the enthusiasm last week, when the Research and Publications Committee of the Institute of Personnel Management organised an evening presentation on “Research trends in HR”. Today’s column will focus on the highlights of it, with extended emphasis on the need to debunk some ...
Cape Town, Dec 11(ANI): A shortage of genuine wicket-taking bowlers in the touring Sri Lankan team will mean that South Africa's batsmen will cash in during the upcoming three-Test series, former England batsman Geoffrey Boycott has said.
NO past Test series has quite evoked a sense of hopelessness as the one which Tillekeratne Dilshan’s team undertake in the coming days in South Africa. History records that Sri Lanka, since acquiring Test status, has not managed a Test win in South Africa, conceding six of the seven played there – a staggeringly depressing ...
Education is at the core of development and Sri Lanka, targeting post-war development, is still not getting its focus right on developing knowledge across the board, starting with the schooling system. It can be argued that the Sri Lankan Government is more focused on fixing the ills of the university system to pay adequate attention ...
Reuters: Sri Lanka’s stock market slipped to a one-week low on Tuesday in low volume and turnover as investors held off amid negative sentiment about a credit shortage and uncertainty after the Head of the Securities and Exchange Commission (SEC) resigned. The island nation’s main share
By Ashwin Hemmathagama Parliament Correspondent Coconuts imported to overcome the shortage experienced last year were “dumped at sea” without attracting attention, Minister of Co-operative and Internal Trade Johnston Fernando revealed last week in Parliament in response to a question submitted
Dec 03, Colombo: Cooperatives and Internal Trade Minister of Sri Lanka Johnston Fernando says the government would import essential items if local traders tried to create an artificial shortage of goods during the festive season.
Last year, Sri Lanka suffered an unprecedented shortage of coconuts, a long-time staple for the tropical island nation.
The Departments of Posts has been facing a shortage of stamps for around three months while suffering millions of rupees in losses due to the shortage, the Lanka Postal Services Union stated.
The Sri Lanka Chamber of the Pharmaceutical Industry (SLCPI) has spoken out against the proposed price control on pharmaceutical products. Addressing a media briefing this evening (November 23), President of the SLCPI, Vish Govindasamy, stated that the price control will result in the consumer being the ‘ultimate loser.’ Explaining this statement, Govindasamy pointed out that ...
With media reports mounting on the possibility of price controls for pharmaceuticals and the general perception being created that pharmaceutical prices are escalating in the market, the Sri Lankan Chamber of Pharmaceutical Industries (SLCPI) has come out strongly against, saying that in fact the opposite as true. Vish Govindasamy, President of the SLCPI, addressing the ...
Sri Lanka’s Central Bank today further devalued the rupee by moving it up by 30 cents to set a conversion rate of 114.20 per dollar from Rs. 113.90 levels set yesterday, to reflect the government’s 3% devaluation. However the bank once again went back to the original position of Rs. 113.90 per dollar by around 1 ...
In Sri Lanka there is some times a perception that there is a lack of skilled workers to fill positions at management levels. Some employers would say they have difficulty filling positions because of a talent shortage. Some of the complaints about skill shortages simply could be that employers
Organisational sustainability is the ability for a group of persons to endure the internal and external pressures of a culture, through change and innovation, as they endeavour to deliver their specific products.There are seven components to create organisational sustainability. 1.Organisational identity Every organisation needs to distinguish and market its organisational identity. The organisati...
“The peace museums in Japan remind the present generation of mistakes that must not be repeated, and of suffering that must not happen again. I saw hundreds of school children come every day to those museums along with their school teachers” When the war ended in May 2009, it was the worst that was over, but ...
By Kusal Perera Groundviews.org: The media these few days, especially the English media, provides unusually high anti government coverage to the government’s latest move to push through a bill, classified as urgent. Titled “Revival of the Underperforming and Underutilised Assets Bill,” it sent many stories spinning round Colombo circles. More politically savvy circles talked abou...
Council calls for govt. intervention on a slew of issues, says production can increase by 50%, plans to launch pepper brand By Uditha Jayasinghe The spice industry yesterday urged the government to resolve a slew of issues to increase productivity and promote the sector. Spice Council Chairman Sarada de Silva making his address at the ...
Haycarb PLC has reported revenue growth of 21 per cent to Rs 3.8 billion for the six months ending 30 September 2011, with stable demand in global markets and the company’s reliable supply stream of high quality carbons with a product mix of value-added carbons protecting its top line in a period of narrowing margins. ...
Oct 24, Colombo: All Lanka Health Services Union of Sri Lanka points out that hospitals country wide are facing a severe shortage of x-ray film.
Oct 15, Colombo: The heroin market in Colombo and suburbs is reportedly affected by the impact of the ill-famous October 08 election day shootout in which four persons including a senior official of the President Mahinda Rajapaksa's staff were killed and ruling party MP Duminda Silva was critically injured.
Oct 11, Colombo: Sri Lanka Minister of Health Maithripala Sirisena says that 47 state medical centers are closed in the country due to shortage of doctors while 20,000 Sri Lankan doctors are in service in foreign countries.
By Devin Jayasundera The Sri Lanka Medical Association (SLMA) in celebrating its 125th anniversary announced the launch of the SLMA 2012 International Conference and Exhibitions to professionals in the medical field and the media on 4 October. The theme of this year’s conference will be ‘Global Forum for Sri Lankan Doctors’. The SLMA, which is ...
A reader of My View on popular fallacies of currency appreciation published in the previous few weeks has directed a series of questions to me. What is Central Bank’s mandate? Should it just target to stabilise the domestic prices? Or should it try to maintain stability in the exchange rate? Or should it work for ...
The Maldivian administration’s key economic strategy is to engage the private sector and enable the diversification of the economy for sustainable development, said Mahmood Razee, Minister of Economic Development in the Republic of Maldives who was in the country to attend the fourth Annual General Meeting of the Sri Lanka-Maldives Bilateral Business Council recently. ...
Maldivian government is inviting Sri Lankan firms to invest in that country. This invitation was made when the Minister of Economic Development of Maldives Mahmood Razee was in Sri Lanka recently. He was in the country to attend the AGM of the Sri Lanka Maldives Bilateral Business Council of the Ceylon Chamber of Commerce. Razee addressing the members ...
Last week I had the privilege of delivering a keynote address at an annual sales and marketing conference of one of the largest multinational companies in the country, which recorded a turnover of around Rs. 65 billion and a contribution of 1.5% of GDP to Sri Lanka. The event gave me amazing insights that motivated ...
By Cassandra Mascarenhas For the first time in Sri Lanka, the US Embassy and Sri Lankan Government agencies collaborated to organize an event on biotechnology, based on the theme ‘From green revolution to gene revolution – are we on the right track?’ The two day event which commenced yesterday will feature a line-up of distinguished ...