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The Sri Lanka-Poland Business Council (SLPBC) has made significant progress this year, not only in terms of business awareness amongst the business community, but also strengthened relationships with the Polish Embassy in New Delhi and Sri Lanka’s Embassy in Poland. Even though there was no exchange of business delegations between the two countries, total exports ...
The Embassy of Sri Lanka in Tokyo organised a high profile “Sri Lanka Promotional Seminar” consisting of over 150 officials and personnel engaged in the sphere of tourism and travel trade, leaders of corporates and industry of Japan, senior bureaucrats and technocrats of the Government of Japan and select invitees. The said Seminar was held ...
The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) granted the distinguished associate membership status to 215 passed finalists of the chartered accounting course offered by the Institute at the 2012 annual convocation held at the Waters Edge, Battaramulla on Thursday. Joining a fraternity of nearly 4200 existing CA Sri Lanka members, the ...
Camps which housed 300,000 displaced people by the end of Sri Lanka’s ethnic conflict have now all closed, three years after the war ended, the military said on Tuesday. Once one of the world’s biggest camps, the final batch of 361 families left Menik Farm in the northern district of Vavuniya on Monday, military spokesman ...
UNP MP Karu Jayasuriya yesterday in a statement condemned the alleged interference of the executive on the affairs of the judiciary and renewed his call to people to unite to restore democracy in the country. Following is the full text of Jayasuriya’s statement: The onslaught on this country’s democratic establishments and rule of law institutions ...
Menik Farm in Sri Lanka, once the world’s largest camp for people displaced from the conflict in Sri Lanka in 2009 has closed, as the last remaining inhabitants leave the camp. “This is a milestone event towards ending a chapter of displacement in Sri Lanka some three years after the civil war which ended in ...
IBM has launched Expert Integrated Systems in Sri Lanka to help organisations achieve greater agility, efficiency, simplicity and control, with a seamless and more dynamic approach to IT. IBM also announced new server solutions designed to expand cloud and analytics capabilities across its entire portfolio, helping make Smarter Computing a reality for clients in Sri ...
The National Chamber of Commerce of Sri Lanka will conduct a one day training program on ‘Telephone techniques, courtesies and effective receptionist duties’ on 11 October from 9a.m. to 4p.m. at the Chamber Auditorium, No. 450, D.R. Wijewardena Mawatha, Colombo 10. Beneficiaries of the training will be receptionists, front liners, telephone operators and telemarketers who ...
Depending on the success of OTTC, Fonda Global will invest in projects over US$ 3 million, Fonda Global Engineering Director James Siow said. “We are testing the waters with this one,” he said. If the venture is successful, more Singapore businesses will also look at Sri Lanka to invest. “There are over 100 Singapore businesses ...
By Cheranka Mendis Leading engineering and construction company from Singapore Fonda Global Engineering Lanka (Pvt) Ltd. yesterday agreed to invest US$ 1.5-3 million in a training and testing centre for construction skill workers in Katunayake as per the guidelines of the Singapore Government. The centre will be known as the Overseas Testing and Training Centre ...
Japan Association of Travel Agents, known as JATA, held their Annual Travel Show in Tokyo. The JATA is by far, the largest association of travel agents in Japan. About 12 travel agents and companies from Sri Lanka participated at the JATA. Ambassador Admiral Karannagoda and Chairman Nishantha Wickramasinghe along with the Deputy Minister of Disaster ...
World Tourism Day is celebrated worldwide on 27 day of September each year. This year will mark the 33rd Anniversary of the UNWTO World Tourism Day and UNWTO has declared ‘Tourism and Sustainable Energy: Powering Sustainable Development’ as this year’s theme. The Ministry of Economic Development along with Sri Lanka Tourism Development Authority organised ...
Sri Lanka participated at the annual IFTM Top Resa (International French Travel Market) that was held in Paris from 18 September to 21 September. Flagship fair for the tourism sector, IFTM Top Resa brings every year thousands of travel agents from across the world that come to present their products and services to the industry’s ...
A two-day training program for hiring vehicle drivers catering to the tourism industry commenced on Monday in Arugambay. The two-day program conducted by Sri Lanka Tourism Development Authority will provide vital information and training to hiring vehicle drivers catering to the Tourism Industry in the area. Over 50 hiring vehicle drivers who are taking part ...
CHILD abuse hits headlines with sickening frequency in Sri Lanka, but new data suggests that victims have to wait as much as six years, often enduing mind-numbing stigma and distress, before they are given justice. IRIN reported over the weekend that Sri Lanka is taking as long as six years to prosecute criminals who abuse ...
What is planning? Planning (also called forethought) is the process of thinking about and organising the activities required to achieve a desired goal. Planning involves the creation and maintenance of a plan. As such, planning is a fundamental property of intelligent behavior. This thought process is essential to the creation and refinement of a plan, ...
Browns Group has grown from strength to strength recording a 19% growth in revenue to Rs. 14.4 billion while profitability was also up by 6% for the year ended April 2012. Group Managing Director and CEO Murali Prakash stated, “The best performing sectors were agriculture, general trading, consumer, retail, plantation support services and power systems, ...
Leading textile companies from Taiwan will be exhibiting a wide range of quality design and high performance textile and garment products in Colombo at the Taj Samudra, Upper Crystal Room, on 30 and 31 October 2012. After a decade long success story of textile fairs in India, Taiwan Textile Fair now expands into Sri Lanka. ...
By Cassandra Mascarenhas Moving beyond financials and laying a heavy emphasis on the human dimensions of doing business in the world today, the CIMA Management Accountants’ Conference 2012 was aptly themed ‘Reboot your business beyond financials,’ highlighting that such aspects will be key to getting things moving again and sustaining success in the long run. ...
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 ...
Fitch Ratings has assigned the Ceylon Income Fund an ‘A-(lka)’ National Fund Credit Rating. This is the first fund rating assigned by an international rating agency in Sri Lanka. The fund primarily invests in corporate debt instruments and is managed by Ceylon Asset Management (CAM). The ‘A-(lka)’ National Fund Credit Rating is driven by the ...
Reuters: Asian shares edged lower on Tuesday after Germany’s business confidence fell in September for a fifth consecutive month and Caterpillar Inc (CAT.N), the world’s largest earth moving equipment maker, cut its earnings forecast, underscoring worries about slowing global growth. Uncertainty about the bailout prospects for Greece and Spain, as the euro zone’s three-year-long ...
RAM Ratings Lanka has reaffirmed Softlogic Finance PLC’s respective long- and short-term financial institution ratings of BBB-/P3. Concurrently, the long-term BBB- rating of the company’s proposed Rs. 500 million Redeemable Senior Debentures (2012/2014) has been reaffirmed. A short-term issue rating of P3 has also been assigned to SLF’s proposed Rs. 200 million Unsecured Commerci...
Singer Finance, one of Sri Lanka’s most trusted finance companies, recently appointed two of the country’s most respected business personalities to its Board of Directors. The addition of Marina Tharmaratnam and J. A. Setukavalar as independent directors to the Company’s Board was the latest reminder of the Company’s unstinting commitment to the highest standards of ...
HNB Assurance introduced the latest edition of their motor insurance policy “motorGuard Xtra”, on 24 September by conducting an outdoor public awareness campaign in Colombo. People were holding placards on the road with statements such as ‘Claims Without Cutting and Chopping’, ‘No Claim BONUS for your Second Vehicle’ ‘A Free Life Insurance Cover with your ...
Weather and ground conditions hog attention ahead of ICC Women’s World Twenty20 kick-off today Even as the men’s competition is nearing the Super Eights stage, eight teams are preparing to battle it out in the third edition of the ICC Women’s World Twenty20 in Galle, starting from Wednesday (September 26). Sri Lanka and South ...
A look at the history of cricket’s support for UNAIDS and UNICEF over the past decade The sight of leading cricketers wearing red ribbons on their shirts at ICC events has become a familiar one in recent years, but have you ever wondered why the players do this? South Asia, Africa and Caribbean, three geographical ...
South Africa women’s captain Mignon du Preez is hoping the expectation of being tournament hosts will weigh down Sri Lanka in Wednesday’s ICC Women’s World Twenty20 opener in Galle. Rain has affected practice for all the eight teams during the build-up to the women’s event but fingers are crossed for better weather when the games ...
Reuters: Sri Lanka hope spinner Ajantha Mendis can be fit for the opening World Twenty20 Super Eight match with New Zealand on Thursday after he returned to the nets following a side strain. He suffered the injury during the hosts’ opening win against Zimbabwe last week and was left out of the rain-curtailed group defeat ...
The Taj Samudra team surprised Chris Gayle with cake, candles and flowers on his birthday last week. The world renowned West Indies cricketer is currently in Sri Lanka for the T20 Cricket World cup Encounter. A pleasantly surprised Gayle was quick to update his blog about the birthday treat arranged for him by the staff ...