Rio+20 has come and gone. For some, with June gone, the task may be looking at the flavour of the month for July to prop up different hoardings. The conference was concluded successfully and most of the final photos and comments indicated it was well attended and well run and perhaps well concluded. For sure, ...

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 ...

As Sri Lanka-Japan bilateral discourse completes 60 memorable events, Japan has become our seventh largest international trade partner. “The total bilateral trade turnover between the two nations has grown to $ 1,250 m in 2011. Japan, our seventh largest trade partner in 2011, has always been a key trading nation as well as a generous ...

Reuters: Authorities in the world’s major economies are preparing for a possible market storm or public panic after cliffhanger Greek elections this weekend, officials said on Thursday, should radical leftists win and cast doubt on the nation’s future in the euro zone . Britain announced on Thursday it would flood its banking system with cash ...

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 ...

With new features and new children’s products to come, Emirates stays at the head of the pack inflight In its on-going efforts to invest in the latest entertainment content and newest systems, Emirates has recently upgraded the hardware on its new Boeing 777 fleet to bigger, much wider, and digitally-enhanced screens for its winning inflight ...

Historically, capital markets have played an important role in the development of market economies and therefore the development of efficient regulation of securities too has become increasingly important. While fostering the development of the economy, the capital markets also play

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 ...

SriLankan Airlines said yesterday it has acquired a new Airbus A320 last month, expanding its fleet to 23 aircraft. The national carrier’s fleet now consists of eight medium – range A320’s, seven twin engine wide-body A330’s, and six long-haul A 340’s, and two De Havilland Twin Otter floatplanes for domestic services. The new aircraft has ...

With Irish golfers flying high at the top of the golfing world, Emirates has announced its first sponsorship in Ireland by becoming the Official Airline of the Irish Open. The 2012 Irish Open, which takes place in the spectacular surrounds of the Royal Portrush Golf Club, from 28th June – 1st July, is one of ...

Sri Lanka’s national carrier, SriLankan Airlines has acquired a new Airbus A320, thus expanding its fleet to a total of 23 aircrafts. The Airline says, the new aircraft consist of 20 Business class seats and 120 Economy class seats. It is also equipped with sophisticated In-flight Entertainment

Emirates is fast approaching the tripling of its flights to Spain, which includes the launch of a daily service to Barcelona from 3 July.   Barcelona press conference: Thierry Antinori, Emirates’ Executive Vice President, Passenger Sales Worldwide and Salem Obaidalla, Emirates Senior Vice President, Commercial Operations, Europe & Russian Federation with Emirates’ cabin crew. ...

Cross-border shopping is costing the Canadian economy much more than believed and new rules raising duty-free limits will only make matters worse, says a new report by the Bank of Montreal.

Reuters: Venezuelan President Hugo Chavez strode, sang and gave a rousing speech on Friday in a careful show of vigour after his latest cancer treatment in Cuba fanned rumours he was dying five months before an election. The socialist Chavez, who had only been seen live in public once in the previous month, addressed the ...

TSA recommends $600 per FEU surcharge Says shipping lines expect strong summer season Says utilisation rates up near 95% COPENHAGEN (Reuters): A group representing the transpacific container shipping industry is recommending a surcharge on containers for the peak summer season, signalling it expects a robust recovery in business from a weak 2011 as the U.S. ...

Sri Lankan speedster Lasith Malinga has said that he is developing a new delivery, which the player is hoping to unleash during the upcoming T20 world cup. In an interview with Hindustan Times, the player has also said that he don’t feel much difference in playing for  Sri Lanka or Mumbai Indians. Lasith Malinga, who is currently ...

n The Scholar who has refused to changeHumanistic approach Dr. Gunadasa Amarasekera, scholar, writer, poet, novelist, social activist and many more, in a special contribution to Professor Buddhadasa Hewavitharana Felicitation Volume Two released last month, has tried to analyse the most recent history of Sri Lanka in the context of the onset of the process ...

Reuters: Socialist Francois Hollande swept to victory in France’s presidential election on Sunday in a swing to the left at the heart of Europe that could start a pushback against German-led austerity. Hollande was set to beat conservative incumbent Nicolas Sarkozy by a decisive 51.9 per cent to 48.1 per cent margin, the TNS-Sofres polling ...