@2022 - All Right Reserved. Designed and Developed by Rev-Creations, Inc
284 results found in 1750 ms
Page 5 of 10
Institute of Supply and Materials Management (ISMM) held its Annual General Meeting along with the Technical sessions on 31 March at the Auditorium of Organisation of Professional Association. At the AGM, President Danesha Perera was re-elected unanimously the term 2012/13 and was inducted. New Management of Council Members were also elected. Perera is well known ...
The Institute of Policy Studies of Sri Lanka (IPS) and the Department of Economics and Statistics of the University of Peradeniya launched two Volumes on “Economic and Social Development under a Market Economy Regime” edited by Dr. Saman Kelegama, Executive Director of the IPS and Dr
IATA says outlook remains fragileThe International Air Transport Association (IATA) last week released global traffic results for February 2012 showing an 8.6% improvement in passenger demand and a 5.2% rise in cargo demand compared to the same month in the previous year. Several factors inflated February 2012 results and distorted comparisons with the year-ago period. ...
Professor Buddhadasa Hewavitharana felicitated The legendary Economics Guru of Peradeniya vintage for more than four decades, Emeritus Professor of Economics Buddhadasa Hewavitharana, was felicitated last week by the country’s top policy think-tank, Institute of Policy Studies or IPS
Relevance to microfinance and total financial inclusion Section 10 (2) of the Finance Business Act No. 42 of 2011, provides that: no other person other than a finance company and an institution specified under s. 10 (6), shall use the words ‘finance,’ ‘financing,’ or ‘financial’ as a part of its name or description, except with ...
President Mahinda Rajapaksa who attended the Parliament yesterday on the special session on amendments to the Finance Act received a lecture on economics from none other than UNP MP Dr. Harsha de Silva. While Dr. De Silva was engaged in a rather heavy criticism of the proposed amendments
Ahead of Friday's AGM, Pan Asia Bank Plc (PABC Bank) Board of Directors yesterday appointed Nimal Perera as the Chairman and Eshana de Silva as the Deputy. Nimal was previously the Deputy Chairman and was elevated as the incumbent senior banker A.G. Weerasinghe is up for retirement. The new appointments are effective from 2 April. ...
Veteran banker Eastman Narangoda today stepped down as Chairman of Seylan Bank after a record-making three year tenure at its helm. Making the announcement at the Bank’s AGM yesterday Narangoda cited “personal reasons” for his decision. Appointed as Chairman of Seylan Bank PLC on 30 December 2008, Eastman Narangoda was a key figure who instrumented ...
I am of the view that there is strong potential in using the knowledge and the caring among our youth in protecting our natural assets. It is sad that the vast reservoir of knowledge and information our young nature enthusiasts possess is not adequately harnessed for conservation decision making. Herein is an appeal to policymakers ...
Reuters: Asian stocks rebounded on Tuesday and the dollar struggled after Federal Reserve Chairman Ben Bernanke said ultra-loose monetary policy was still needed to reduce unemployment even though the U.S. economy has shown signs of improvement. Wall Street stocks had risen more than 1 percent on Bernanke’s comments, which supported views that easy monetary policy ...
Reuters: Nigerian Finance Minister Ngozi Okonjo-Iweala and former Colombian Finance Minister Jose Antonio Ocampo are set to make the first concerted challenge to the U.S. grip on the top job at the World Bank, according to sources. The two globally respected economists and diplomats will be nominated for the World Bank presidency by South Africa ...
The Ceylon Chamber of Commerce (CCC), the pioneering business chamber in the country will turn 173 years on 25 March. An anniversary forum for its distinguished members and top corporate personnel will be held on 22 March from 5.30p.m to 8p.m. at the Golden Pond, Hotel Taj Samudra Colombo to celebrate this milestone. Ceylon ...
Senior banker C. Samarasinghe (Sam) has been appointed as the CEO of People’s Merchant Plc (PMB) with effect from 1 May. He takes over at People’s Merchant after a long stint spanning 37 years at the Bank of Ceylon. Sam succeeds Rajeeva Bandaranaike, of CSE-fame. Bandaranaike has announced his resignation from PMB after serving less ...
Lankan born Gishan Dissanaike, the Adam Smith Professor of Corporate Governance, University of Cambridge will share key insights to the good, bad and the ugly of insider trading at seminar on Monday jointly organized by the Institute of Chartered Corporate Secretaries and Securities and Exchange Commission (SEC) in partnership with the Daily FT. Dissanaike will ...
HSBC has appointed Kanchana G. Hewavitharana as Chief Financial Officer for HSBC Sri Lanka and Maldives and Michael J.F. Hung as Chief Risk Officer for HSBC Sri Lanka and Maldives. Both Kanchana and Michael arrived to the country from overseas postings in HSBC Hong Kong and Vietnam, respectively. Kanchana, who succeeds Fadhil Jiffry, began his ...
The entry in to Sri Lanka by Malaysia’s sovereign wealth fund Khazanah Nasional Berhad via John Keells Holdings (JKH) is being hailed as a all round boost for the country, the Colombo stock market as well as the premier blue chip. JKH which has many first to its credit is also the first stock on ...
My column today is an attempt to focus our attention on a few less spoken or untold developments that may have a profound influence on how we carve our way through in creating a desirable social, economic and political future for mankind on this only planet of ours. While I will not specifically touch on ...
Blue Diamonds seeks approval to subdivide shares Blue Diamonds Jewellery Worldwide Plc announced it would hold an Extraordinary General Meeting to obtain approval to subdivide its shares. The sub division will be based on the number of shares on 4 May. Dealing on the shares of the company will be suspended from 8 to 10 ...
HSBC together with Young Entrepreneur Sri Lanka (YESL) and the Ministry of Education launched the ‘Future First Company’ program, as part of the Bank’s Global Education Trust ‘Future First’ to empower the entrepreneurial skills of young children. The launch was held at the Hewavitharana Vidyalaya in Rajagiriya and was attended by HSBC Sri Lanka and ...
With the wave of rapid expansion of the company’s branch network and business activities, Multi Finance recently announced the appointment of Manohara S. Tillakawardana as an Independent, Non-Executive Director of the company. He is presently a Director and Lead Consultant in TOGS Associates Ltd., a company which is engaged in providing consultancy and advisory services ...
The Ceylon Chamber of Commerce (CCC), the pioneering business chamber in the country will turn 173 years on 25 March. In celebration of this significant milestone, the CCC will hold an anniversary forum for its distinguished members and top corporate personnel on 22 March from 5.30p.m. to 8p.m. at the Golden Pond, Hotel Taj Samudra, ...
Despite a select few reporting highest-ever profits, the combined figure of 210 companies which have released their financials so far reveals a concerning trend. The cumulative earnings for the quarter ended on 31 December 2011 was Rs. 40.6 billion, up by only 0.56% year-on-year according to broking sources who have tracked corporate results. The 210 ...
Clouded prospects in developed markets cast a shadow over outlook for trade and economyBy Jonathan Story Two key forces that have driven Asia’s transformation for decades can be counted on to continue apace in the coming year: economic development and China’s rise. Nonetheless, individual Asian countries will struggle to balance domestic and international responsibilities in ...
An eminent panel of speakers will address the International Marketing Conference 2012 organised by the Sri Lanka Institute of Marketing (SLIM) to be held at Hotel Galadari on Thursday, 1 March. GlaxoSmithKline Consumer Healthcare (GSKCH) Sri Lanka Director of Marketing Subroto Geed will make a presentation on ‘Practical Insights into Brand Adaptation vs Standardisation’. An ...
The gap between the rich and poor used to be the province of Third World countries. Why is it an issue in developed countries these days? INSEAD Knowledge: Gaping disparity between the rich and the poor used to be the hallmark of Third World or developing countries – places without a “middle class” or an ...
The High Commission of India, Colombo has decided to widen the scope of Maulana Azad Postgraduate Scholarship to include arts, humanities, economics and commerce streams and has also extended the deadline for receipt of applications to 6March. With this change, 50 scholarship slots for postgraduate
Top apparel exporter supports workshop on sustainability at AIESEC Sri Lanka event Sri Lanka’s top apparel exporter Brandix extended its globally-acclaimed commitment to the environment to the youth by supporting a forum on the sustainability of the environment, held as part of the first-ever Sri Lanka International Youth Forum of AIESEC, the world’s largest student-run ...
INSEAD, the international business school, today announced the launch of a Master in Finance degree aimed at experienced financial industry professionals seeking to advance their competitive and management skills within the financial sector. The program will be launched on INSEAD’s Asia campus in Singapore in April of next year. In commenting on the availability of ...
Toronto, ON: A new poll conducted by global research company Ipsos for What Makes You Happy Magazine finds that while eight in 10 (77%) citizens in 24 countries generally say they are ‘happy’ in their lives, one quarter (22%) report they are ‘very happy’ — a key measure that identifies comparative depth and intensity of ...
By Cheranka Mendis UNP MP Dr. Harsha de Silva yesterday accused the Government of playing a two-faced role to the IMF and the people of the country. Quoting from a letter allegedly handed over to then MD of IMF Dominic Strauss-Khan signed by Central Bank Governor Nivard Cabraal and then Deputy Minister of Finance and ...