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The Perceived Economic Opportunity Index (PEOI) picked up a bit in August after its steep fall in July to one of its lowest values in the last 12 months. Index compiler the Foundation for Economic Freedom in Sri Lanka (FEFSL) said it was significant that the PEOI is still languishing in the ‘relatively pessimistic’ territory ...
- Perceived Economic Opportunity Index up slightly in April (Category: Business)
- Perceived Economic Opportunity Index falls again in July (Category: Business)
- Optimism stuck: Perceived Economic Opportunity Index stays flat in June (Category: Business)
- Perceived economic opportunity index dips (Category: Business)
A number of articles which appeared in print media in the recent past signify the volatility in the economy. High volatility leads to vulnerability. Volatility and vulnerability are reflections of the haphazard nature of the economic policies and poor economic governance in a country. What is volatility? Volatility is the severity and the frequency with ...
- Achieving economic goals amidst global challenges (Category: Business)
- Raising the bar: The rise of the Sri Lankan economy (Category: Business)
- Lion leads frontier markets (Category: Business)
I am delighted to write my centenary ‘Humane Results’ column. It was indeed a challenging task to write on a weekly basis despite my personal and professional commitments. I must confess that I never felt writing as a torture but always as a treasure. Being here or overseas, being well or ill did not deter ...
- UC offers scholarships to countries in South Asia (Category: Business)
- ANC promotes top engineering universities in US (Category: Business)
- ANC promotes top engineering universities in US (Category: Business)
- CEMS Global to hold eighth ‘Power Sri Lanka’ international exhibition (Category: Business)
LONDON (Reuters): Britain’s budget deficit widened to the biggest on record for any August, data showed on Friday, a day after the central bank chief said missing its debt goal was acceptable for the government. Public sector net borrowing excluding financial sector interventions rose to 14.410 billion pounds from 14.365 billion in August 2011 as ...
- UK’s Green Bank to lend to wind, waste energy (Category: Business)
- Britain’s top rating may yet survive (Category: Business)
- Financing of 2011 Budget goes haywire (Category: Business)
- Euro zone crisis heads for September crunch (Category: Business)
A reader of the previous week’s My View titled ‘SL’s future: Convert the simple economy into a high-tech based complex economy’ has taken up an important issue with this writer via email. He has said that it is unlikely that Sri Lanka could have a complex production structure in the country because Sri Lanka lacks ...
- Kick-start the New Year at MLH (Category: Business)
- ‘The Artist’ Wins Producers Guild’s Best Picture Award (Category: Business)
- President’s House handed over to Government (Category: Breaking News)
- Brandix Annual Group Awards and Volleyball Championship Finals (Category: Business)
and alumnus of Oxford University and London School of Economics attached ...
- Do you hear the people sing? Singing a song of angry men? (Category: USA, Montana)
- Do you hear the people sing? Singing a song of angry men? (Category: USA, Montana)
- Do you hear the people sing? Singing a song of angry men? (Category: USA, Montana)
- Do you hear the people sing? Singing a song of angry men? (Category: USA, Montana)
The Ministry of Economic Development together with other relevant ministries and institutions has initiated a program to revive the textile industry of Sri Lanka along with the apparel industry. Earlier Sri Lanka had well developed textile industry consisting handlooms. Powerlooms, fabric and cotton industries. But all these sectors were closed down after Sri Lanka introduced ...
- India supports local textile production (Category: Breaking News)
- Largest-ever textile delegation arrives (Category: Business)
- India to modernise textile mills in Sri Lanka (Category: Business)
Reuters: Manufacturing in China contracted for the 11th month in a row in September, according to a private sector survey of factory managers that indicated the world’s second largest economy remains on track for a seventh quarter of slowing growth. The HSBC Flash China manufacturing purchasing managers’ index (PMI) showed activity stabilized in September after ...
- China factory sector shrinks most in nine months (Category: Business)
- China factory surveys signal economic growth stays soft in Q3 (Category: Business)
- Asia factory output weak; India defies with rise (Category: Business)
- Asian factory output curbed by troubled Europe (Category: Business)
Jack Welch, Chairman and CEO of the US giant General Electric or GE from 1981 to 2001, has offered his experiences as a fool-proof survival kit which anyone – people, companies or nations – could use if they wish to be winners in a hostile competitive world. Jack Welch: Produce what others cannot copy In ...
- Discovering Drucker (Category: Business)
- Small is beautiful! (Category: Business)
- Glamour or gloom of grooming people: A case of five Gs (Category: Business)
- The rise of State capitalism: new masters of the universe or an ominous portent? (Category: Business)
Reuters: The Federal Reserve launched another aggressive stimulus program on Thursday, saying it would pump $40 billion into the US economy each month until it saw a sustained upturn in the weak jobs market. The central bank’s decision to tie its controversial bond buying directly to economic conditions was an unprecedented step that marked a ...
- Bernanke quiet on next Fed move, stresses job crisis (Category: Business)
- Asian shares inch down, mark time before Jackson Hole (Category: Business)
- All eyes on Bernanke as recession looms (Category: Business)
- Adopt economic policies to propel growth: Bankers (Category: Business)
The Sri Lanka Institute of Marketing (SLIM) recently donated books in marketing to the Jaffna University, with the objective of supporting marketing education at the university. The books donated covered topics such as marketing an introduction, consumer behaviour, economics, economic
- New Head of Marketing at HNB Assurance (Category: Business)
- SLIM, SLII to introduce Diploma in Insurance Marketing (Category: Business)
- Pradeep Edward appointed as inaugural SLIM-BUCKS (UK) Alumni President (Category: Business)
- SLIM ties-up with Indian School of Business (Category: Business)
A thousand children moving upward and onward, embracing entrepreneurship to win the future – this is what participant children in the Future First program are experiencing. The program is a collaborative venture between Young Entrepreneurs Sri Lanka (YESL) and HSBC targeting 1,000 less affluent children from schools and centres catering to disadvantaged communities. Future First ...
- Recognising future business leaders (Category: Business)
- IRD After Schoolboy (Category: Breaking News)
- SLASSCOM launches ‘Future Careers Partners 2012’ (Category: Business)
- HSBC Advance brings innovative banking a step closer (Category: Business)
The first Prime Minister of independent India, Pandit Jawaharlal Nehru, wrote 75 years ago: “It would be absurd to say that the profit motive does not appeal to the average Indian, but it is nevertheless true that there is no such admiration for it in India as there is in the west. The possessor of ...
- Corporatism: A step beyond state capitalism (Category: Business)
- The rise of State capitalism: new masters of the universe or an ominous portent? (Category: Business)
- Impunity: Unequal before the law (Category: Business)
Standing tall at six feet 10 inches, and surging towards stardom with Seylan Bank is Sri Lankan netball skipper Tharjini Sivalingam – the world’s tallest netballer, and considered the best player within the Asian Netballing Circuit. Swift in spotting and supporting local sporting talent, the Lankan netball queen is presently employed at Seylan Bank in ...
- Tharjini pilots Seylan Bank to victory (Category: Sports)
- Seylan’s Tharjini Sivalingam Standing Tall And Surging Towards Stardom (Category: Business)
- Fitch affirms Seylan Bank at ‘A-’, Outlook stable (Category: Business)
- Union Assurance rewards top Bancassurance performers in Seylan Bank (Category: Breaking News)
As opposed to a 10-place jump in the previous year, Sri Lanka has suffered a 16-place relegation in the latest Global Competitiveness Rankings list released by the influential World Economic Forum (WEF) yesterday. Sri Lanka’s rank of 68th place out of 144 countries surveyed from 52nd place in the previous year was despite the overall ...
- Sri Lanka in great leap forward (Category: Breaking News)
- BIG LEAP FOR SRI LANKA IN WEF REPORT (Category: Breaking News)
- Sri Lanka can be a top 30 country by 2015 (Category: Business)
- Competing for FDI: An agenda for Sri Lanka (Category: Business)
Microsoft cloud and Office 365 are buzz words which have spread across industries like wildfire since their launch event which was held at the end of July 2012 at Waters Edge during the Annual Microsoft Partner Conference. Cloud computing is the use of computing resources (hardware and software) that are delivered as a service over ...
- Microsoft Office 365 game changer for local businesses (Category: Business)
- Microsoft revamps Office, looks to the cloud (Category: Business)
- Tech One Global and Microsoft co-host Microsoft Education Solution workshop (Category: Business)
- Tech One Global and Microsoft co-hosts Microsoft Education Solution Workshop (Category: Business)
UNP MP and its key spokesman on economic affairs Harsha de Silva was the only politician from over 20 countries invited to speak at a recently-concluded global conference on impact and policy. At the forum he proposed that the impact of dynamically disseminating relevant information on elected officals among the public using mobile phones be ...
Eric Salama – CEO of Kantar is scheduled to meet with local business leaders, hosted by LMRB, a fully owned subsidiary of the Kantar group on Tuesday 4th September, 2012 at The Earl’s Court, Cinnamon Lakeside, Colombo. Kantar, WPP’s information, insight and consulting division Group UK, is engaged in providing insight and consultancy services around ...
- Kantar CEO Eric Salama in Sri Lanka (Category: Business)
- Singer secures 18th consecutive ‘People’s Brand of the Year’ Award at SLIM-KANTAR PEOPLE’S AWARD... (Category: Breaking News)
- වාර්තා පිට වාර්තා තබමින් ජනතාවගේ ප්රියතම වැඩසටහන සම්මානය නැවතත් අටපට්ටමට (Category: Sinhala)
- TV Derana wins Youth Choice TV Channel of the Year (Category: Breaking News)
Former top civil servant Dr. Prathap Ramanujam has been appointed to the Board of Senkadagala Finance Plc as an independent non-executive director with effect from 1 September 2012. Dr. Ramanujam retired after 38 years of distinguished service in the public sector. He was the Permanent Secretary to several key Ministries including Tourism, Livestock Development and ...
- CC to reconstitute independent commissions including EC (Category: Breaking News)
- Constitutional Council to meet on Wednesday (Category: Breaking News)
- CC yet to endorse second extension for IGP (Category: Breaking News)
- Shah: New coronavirus strain in England is worth keeping an eye on, but not surprising news (Category: USA, Maine)
CEO of Kantar Eric Salama is scheduled to meet with local business leaders, hosted by LMRB, a fully-owned subsidiary of the Kantar Group, on Tuesday 4 September 2012 at The Earl’s Court, Cinnamon Lakeside, Colombo. Kantar, WPP’s information, insight and consulting division Group UK, is engaged in providing insight and consultancy services around the world ...
- Kantar CEO to meet local business leaders today (Category: Business)
- Singer secures 18th consecutive ‘People’s Brand of the Year’ Award at SLIM-KANTAR PEOPLE’S AWARD... (Category: Breaking News)
- වාර්තා පිට වාර්තා තබමින් ජනතාවගේ ප්රියතම වැඩසටහන සම්මානය නැවතත් අටපට්ටමට (Category: Sinhala)
- TV Derana wins Youth Choice TV Channel of the Year (Category: Breaking News)
The Perceived Economic Opportunity Index (PEOI) declined sharply in July to one of its lowest values in the last twelve months having plateaued after the rise following the previous drop precipitated by the Valentine season price increases. The Index compiler, the Foundation for Economic Freedom in Sri Lanka (FEFSL), said in the background of the ...
- Sri Lanka stocks gain near 4-pct in first hour (Category: Breaking News)
- Women, poor worse off in India than in Pak (Category: Breaking News)
- Tassie confidence plummets (Category: Australia, Tasmania )
- Sri Lanka Ranks 22nd in Global KPMG – ODI Change Readiness Index (Category: Business)
Human rights Human rights are on the top of agenda today. Nations accuse each other of violations of human rights of themselves and others. Rights are generally violated during conflicts and wars as the strength of the weapon supersedes peace over and stability and rule of law. There is no shortage of conflicts in most ...
- Make preparations count (Category: Business)
- Govt. readies for next UN session with national plan for human rights (Category: Business)
- Govt. appoints ministerial committee on human rights ahead of UNHCR sessions (Category: Business)
Foreigners most bullish with net buying up 20% or Rs. 5 b; Market’s value up by Rs. 48 b between 20 July and 24 Aug. Despite original reservations by some that President Mahinda Rajapaksa shouldn’t have met with capital market stakeholders, the Colombo stock market has proved otherwise, with the most bullish being foreign investors. ...
- Bourse set for fresh burst; ASI likely to erase YTD negative return this week (Category: Business)
- Bourse boom awaits boosted brokers after Presidential forum (Category: Business)
- Invest In Stocks With Good Valuations (Category: Breaking News)
- Malik moves out, market makes merry! (Category: Business)
Three top Japanese executives who are working in Sri Lanka will share some of their insights to Japanese style of management at the seminar organised by the JASTECA Institute of Management (JIM) on Monday, 27 August from 9 a.m. at the Crystal Ballroom at the Taj Samudra Hotel. The trio will figure in a panel ...
- Top seminar on Japanese style of management by JASTECA (Category: Business)
- Doing business the Japanese way (Category: Business)
- JASTECA program on ‘Japanese Way to Delight Customers’ (Category: Business)
- JASTECA-Juki production management program (Category: Business)
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 ...
- China factory surveys signal economic growth stays soft in Q3 (Category: Business)
- China manufacturing shrinks for 11th month (Category: Business)
- China May factory activity turns down – HSBC Flash PMI (Category: Business)
- China factory sector shrinks most in 32 months (Category: Business)
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 ...
- OPEC crude output surges to 31.4m bpd in March (Category: Business)
- Japan eyes guarantees for ships carrying Iran oil (Category: Business)
- Iran sanctions already hitting oil trade flows: IEA (Category: Business)
- US renews waivers of Iran sanctions for Japan, EU nations (Category: Business)
Capital expenditure on education in the country has continuously decreased since 1980, especially after 2000, alleges a leading senior lecturer in economics attached to the Sri Jayewardenepura University - Dr. Chandrakumara Pathirage who points out that this has led to a number of serious issues
Fitch examines financing alternatives to the current predominant international borrowingsBy Cassandra Mascarenhas Discussing new investment opportunities and financing structures for Sri Lankan private sector entities to enter the current government dominated infrastructure financing in the country, Fitch Ratings Lanka hosted a seminar titled ‘Fitch Perspectives’ last week, featuring F...
- Fitch issues first Sri Lankan fund rating (Category: Business)
- Fitch assigns Ceylon Income Fund an ‘A-(lka)’ rating (Category: Breaking News)
- DEG provides $ 21 m loan to NDB Bank to strengthen SME sector (Category: Business)
- Fitch labels Lanka a ‘highest-risk financial system’ (Category: Business)
WASHINGTON (Reuters): A trend measure of Americans signing up for new jobless benefits fell close to a four-year low last week, but weakness in a regional factory gauge showed US recovery still faces an uphill climb. Other data on Thursday gave mixed signals about the strength of an incipient housing recovery, with groundbreaking on new ...
- Asian shares edge higher, investors seek stimulus clues (Category: Business)
- India’s food inflation at 8.84% (Category: Business)
- Anxious global investors look for calm (Category: Business)
- Asian shares inch up but growth worries lurk (Category: Business)
By Edward Hadas It is circa 1900. A young girl from a simple fishing village has been sold as a ’practice wife’ to the Bendoro, or local lord. When the Bendoro tires of her and expels her from his house, the girl retires from his presence the way peasants are supposed to: backwards, and on ...
- Couple: Woman and little girl teamed up to steal purse (Category: USA, Washington)
- Teen gives birth to twins (Category: Breaking News)
- Aishwarya Rai Bachchan has baby girl (Category: Business)
- GAMU – cheap flowers (Category: Business)
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