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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)
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)
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)
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)
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)
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)
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)
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)
The term social business first emerged in Nobel Laureate Prof. Muhammad Yunus’ book, ‘Banker to the Poor,’ wherein he describes the concept of social entrepreneurship. It has since then taken on a life of its own and in effect has become a new paradigm of study and practice in the world of business, banking and ...
- Fix capitalism flaws , says Nobel Laureate (Category: Business)
- A case for social business (Category: Business)
- No. 1 Real Estate Player (Category: Breaking News)
- A Christmas wish (Category: Business)
PARIS/LONDON (Reuters): Leading members of the Group of 20 nations are prepared to trigger an emergency meeting to address soaring grain prices caused by the worst US drought in more than half a century and poor crops from the Black Sea bread basket. France, the United States and G20 president Mexico will hold a conference ...
- Bill Gates to urge G20 not turn backs on poor (Category: Business)
- Euro zone crisis set to dominate G20 meeting in Paris (Category: Business)
- G20 to Europe: show us the money (Category: Business)
- World 2011 grain output record high, market tight: FAO (Category: Business)
By Cassandra Mascarenhas The technical sessions of the Association of Professional Bankers’ 24th anniversary convention were held yesterday, bringing the APB’s flagship event to a close. Aptly themed ‘Sustainability in volatility: The bankers’ challenge,’ each technical session explored an area that could throw obstacles in the path of bankers and the line-up of speak...
- More than ever, businesses must think ‘what if’ (Category: Business)
- Banking foresight – Shaping integrated development (Category: Business)
- APB to promote ‘Sustainability in Volatility’ at 24th anniversary convention (Category: Business)
- Threat of recession contains risk of further global bank failures (Category: Business)
By Nisthar Cassim The world’s leading nutrition, health and wellness company, Nestlé said last week Sri Lanka is a high growth market with strong upside in tandem with improving socioeconomic development aided by the end-of-war benefit. “We are experiencing double digit growth in Sri Lanka and see very positive prospects going forward. Our commitment to ...
- Creamier 2011 for Nestlé Lanka shareholders (Category: Business)
- Nestlé Worldwide Executive Vice President in town (Category: Business)
- Nestle Lanka ends 2011 with strong results (Category: Business)
- Rs. 1.1 b Nestle rice noodle plant to serve convenient-foods hungry Sri Lanka (Category: Business)
Reuters: Japan’s economy expanded just 0.3 percent in April-June, half the pace expected, fuelling concerns growth will continue to flag as a rebound in consumer spending starts to lose momentum and Europe’s debt crisis weighs on global demand. The data provides further evidence of a global slowdown raising expectations in financial markets that policymakers will ...
- Japan economy shrinks more than expected in Q4, weak exports weigh (Category: Business)
- Asian shares flat as weak China data fuels growth worry (Category: Business)
- Japan Nov. factory output slumps (Category: Business)
- Japan exits recession as quake scars heal; outlook dim (Category: Business)
Some countries make progress outside U.N. process Progress is slow towards new climate deal Shift needed from targets, penalties to standards CO2 emissions continue to grow LONDON/OSLO: Green economic growth rather than strict targets for cutting greenhouse gases needs higher priority if the world is to reach a deal to fight climate change by a ...
- Nations warn of broken promises at UN climate talks (Category: Business)
- Accelerating growth: catching the wave or missing the bus (Category: Business)
- Shipowners join WWF, Oxfam in urging climate levy (Category: Business)
- No region immune to Europe crisis: World Bank Chief (Category: Business)
Reuters: US employers in July hired the most workers in five months, but an increase in the jobless rate to 8.3 per cent kept prospects of further monetary stimulus from the Federal Reserve on the table. Nonfarm payrolls rose 163,000 last month, the Labour Department said on Friday, breaking three straight months of job gains ...
A student of the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) has brought honour to her motherland after winning the best presentation award in the SAFA category at the International Conference for CA Students in India recently. Cooray, who delivered a thought-provoking presentation titled ‘Walk the Talk: Presentation and Communication Skills – ...
- CA Sri Lanka’s annual convocation today (Category: Business)
- CA Sri Lanka launches Hall of Fame (Category: Business)
- CA Sri Lanka Members’ Benevolent Society seminar on taxation (Category: Business)
- ‘Gurunena’ by CA Sri Lanka enlightens thousands of teachers (Category: Business)
WASHINGTON (Reuters): Economic growth slowed in the second quarter as consumers spent at their slowest pace in a year, increasing pressure on the Federal Reserve to do more to bolster the recovery. Gross domestic product expanded at a 1.5% annual rate between April and June, the weakest pace of growth since the third quarter of ...
- Sri Lanka economy grows by 8.0% in third quarter 2010 (Category: Breaking News)
- Sept-qtr GDP growth seen slowest in over 2 years (Category: Business)
- Sri Lanka achieves highest economic growth rate (Category: Breaking News)
- Economy grew more slowly in summer than thought (Category: USA, South Carolina)
by Sarath De Alwis The crisis is not in our system of higher education. The crisis is in not knowing what higher education is. Arrogance of presumed superior knowledge of the policy makers and dogmatism of the teachers has precipitated a debate that reflects a pedantry of crisis proportions. We do not seem to have ...
- Friday Forum on crisis in the education sector (Category: Business)
- Say no to NEPF! Say no to abolishing free education! (Category: Breaking News)
- Free education and parents’ aspirations (Category: Business)
- "I dont like to use the term 'student supppression' simply because there is no such thing" (Category: Breaking News)
Reuters: Even relatively clean-living Singaporeans who regularly eat burgers, fries and other staples of US-style fast food are at a raised risk of diabetes and more likely than their peers to die of heart disease, according to an international study. But Asian fast foods, such as noodles or dumplings, did not bear the same risk, ...
- World Bank says rising food prices a concern, ready to help (Category: Business)
- Coffee drinkers show lower uterine cancer risk: study (Category: Business)
- A pill that treats and tells (Category: Business)
- Three years after war’s end, Sri Lanka is only beginning to make peace (Category: Business)
‘Apata Galapena Arthika Kramaveda’, a Sinhala economic article collection book by Dr. Rohan Samarajiva, expert on infrastructure policies and C.J. Amaratunga, veteran journalist, will be launched at 4p.m. on 6 August, at the auditorium of the Bandaranayaka Institute of International studies. The book is analysing how the theories relevant to infrastructure sectors such as roads, ...
- Citi Appoints Rohan Weerasinghe General Counsel (Category: Breaking News)
- Young artists in the frame (Category: South Australia)
- Why I love the Pies (Category: Australia, Queensland)
- The countdown begins (Category: Australia, Queensland)
BULAWAYO, Zimbabwe, (IPS): The Global Environment Facility (GEF) is ready to be a catalyst for transforming the way the global environment is managed, said the next CEO and chairperson of the multilateral institution, Dr. Naoko Ishii, in this interview with Tierramérica *. The GEF recognises the inseparable linkage between environmental and economic well-being, which was ...
- Natural Capital (Category: Business)
- Companies calculate debt to Planet Earth (Category: Business)
- World faces stark choice at Rio+20, warns UN Report (Category: Business)
By a Special Correspondent A year or back from today, Sri Lankan economy had been sailing strongly amidst global economic typhoons. Most of the macro variables were reflecting peace dividends and rejuvenated hope. However, by mid 2011, the country’s trade deficit, fuelled by credit expansion was signalling early signs of an economic turmoil. Perhaps being ...
- Why Lion leads frontier (Category: Business)
- Economic growth to rebound in 2013: SCB (Category: Business)
- Flexible exchange rates and impact on exporters (Category: Business)
- Value investors enter as speculators exit (Category: Business)
Marketing process for sales persons Under the marketing concept, the firm must find a way to discover unfulfilled customer needs and bring to market products that satisfy those needs. The process of doing so can be modelled in a sequence of steps: the situation is analysed to identify opportunities, the strategy is formulated for a ...
- How to develop an effective marketing plan (Category: Business)
- Building the customer experience in business-to-business relationships (Category: Business)
- The brand gap (Category: Business)
- Godrej Locks enters market with aggressive growth plans (Category: Business)
An important feature of the recent Sri Lanka Economic Summit, which both the Guest Speaker Gurcharan Das, Author, Columnist and Management Consultant and Keynote Speaker Dr. Kalpana Kochar, Chief Economist – South Asia of the World Bank, referred to were the opportunities presented to Sri Lanka by the ongoing process of globalisation and particularly the ...
- Achieving economic goals amidst global challenges (Category: Business)
- Signs of an economic doomsday… is there a way out? (Category: Business)
- Positioning Sri Lanka in the global economy (Category: Business)
- Development-led globalisation (Category: Business)
A special seminar on international education and global careers in finance has been jointly organised by Northwood University (USA) and ANC. Guest speakers from education and industry will introduce both O/Level ad A/Level students and their parents on how to best prepare for top jobs in finance. Seminar details are as follow: It’s all about ...
- CA Sri Lanka takes lead in educating students on IFRS (Category: Business)
- OpenArc organises career guidance seminar (Category: Business)
- Central Bank releases latest educational publication (Category: Business)
- Commercial Bank joins Central Bank to promote financial literacy among SMEs (Category: Business)
India Sri Lanka Foundation is supporting the visit of eight students and two teachers from Richmond College, Galle to India to participate in the Gateway Computer Tournament being organised by Montfort Sr. Secondary School, New Delhi from 23 to 29 July. The students and teachers visited the High Commission of India prior to their forthcoming ...
- India-Sri Lanka Foundation supports visit of Sri Lankan students to India (Category: Breaking News)
- Colombo University students at SAESM 2011 in India (Category: Breaking News)
- 20 students from North to visit New Delhi on educational tour (Category: Business)
- India-Sri Lanka Foundation facilitates Northern Province students to visit India (Category: Business)
The Colombo Stock Brokers Association (CSBA) has made fresh representation to the Colombo Stock Exchange (CSE) as well as the Securities and Exchange Commission (SEC) with regard to the major challenges facing the Bourse, in addition to suggesting remedial measures. The critical assessment of the stock market is after acknowledging that an immediate and collective ...
- Brokers more positive after meeting with SEC (Category: Business)
- Brokers to seek variance of SEC credit rule (Category: Business)
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