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The UNIDO focal point office in Colombo has successfully marshalled a US based top tier global fund for its pioneering bamboo initiative leading to large scale bio-mass alternative energy material growth in Sri Lanka.
COLOMBO: Commonwealth Secretary-General Kamalesh Sharma has urged Canada to drop its threat to boycott the group’s summit in Sri Lanka next year over war crimes allegations. Commonwealth Secretary General Kamalesh Sharma who is in Sri Lanka for the 58th Commonwealth Parliamentary Association Annual Meeting on Wednesday paid a courtesy call on President Mahinda Rajapaksa at ...
Over a dozen of high potential young business leaders of the country are to benefit from a top level South Asian forum organised by the Eisenhower Fellowships Association of Sri Lanka (EFASL) in Colombo from 27 to 29 September. Organisers said 15 employers nominated young business leaders will attend the Eisenhower Fellowships South Asia Conference ...
Over the past week we have had a mixture of international and local rugby. Looking ahead, on the local rugby front, the Army Vs Police clash will undoubtedly take pride of place, this weekend. The game has been shifted by a day to accommodate the Junior Asiad games. As of now, it’s a mere ...
Reuters: French Open winner Maria Sharapova will join US Open champions Serena Williams and Andy Murray in warming up for next year’s Australian Open at the Brisbane International, organisers said on Thursday. Afghanistan’s captain Nawroz Mangal signs on a bat after a captains’ news conference ahead of the World Twenty20 cricket series in Colombo on ...
Despite a reversal in the rate of exports decline and evidence of some improvement, Sri Lanka is actively moving to help its exporters to face the global downturn, with a challenging new $ 12 b export goal set for 2102. “Since you, the distinguished exporters, who account for nearly 80 per cent of Sri Lanka’s ...
In a significant move, the National Lotteries Board (NLB) has signed a long term agreement with the country’s premier printing and packaging company Printcare to supply their scratch lottery tickets. These tickets had hitherto been imported from India, and other countries. The tender to produce 120 million lottery tickets annually was awarded to Printcare ...
Micromax has appointed Sanjeev Ariaratnam as Country Manager to drive the handset manufacturers’ growth in Sri Lanka. Sanjeev, who has more than 13 years experience with reputed companies such as Sony Ericsson, Asia Pacific Brewery Lanka, Ceylon Tobacco Company and Richard Pieris Distributors, will lend his expertise in the sphere of marketing to expand Micromax’s ...
Reuters: Europe moved a step closer to a banking union on Wednesday with a plan for the European Central Bank to supervise all euro zone banks, a cornerstone of closer fiscal integration designed to end years of financial turmoil in the region. European Commission President Jose Manuel Barroso outlined the proposal in his annual “state ...
The Sri Lanka Foundation (SLF), the centre for leadership, education and training, last week signed a MoU with the Asian Institute of Technology (AIT). It is envisaged that this important step of the SLF will enhance international collaboration and establish cooperation between AIT and SLF in realising the objectives of both SLF and AIT from ...
At the recently held Sri Lanka Tourism Awards, the International Hotel School (IHS) affiliated with the Mount Lavinia Hotel Group won the award for small scale enterprise in the discipline of Tourism Education and Training Efforts. The efforts at the IHS not only provide a launching pad for those interested in taking up careers in ...
Ramani Fernando Salons are the Hair and Beauty partners of the Colombo Fashion Week – Resort Wear Show. When it comes to mega shows such as this, Ramani Fernando and her team always turns out to be the first choice, and one does not have to look elsewhere. With loads of experience handling mega events ...
Close to 4,900 entries across 16 award categories A record number of Spikes Asia entries have been submitted this year, totalling 4,860 from 23 countries. The largest creative communications festival in Asia Pacific, which kicks off on Sunday in Singapore, is also set to welcome industry professionals from 27 countries who over two insightful ...
The Human Resources Research Program of Lirneasia has prepared and published a directory named “CHOICES – Higher Education Opportunities after A/Levels”. This directory gives out results of one of its researches, Lirneasia plans to carry out several in-depth researches into higher education field of subject. Lirneasia plans to make the directory available at major super ...
The steady level of economic activity has necessitated the parallel development of Sri Lanka’s capital market. Taking this into context, Mercury Institute of Management is ushering in a new era for professionals in the capital market of Sri Lanka and those who aspire to be a part of the prestigious profession, by offering the Chartered ...
Rainco, a leading brand for rainwear in South Asia with a presence in India, Maldives and Sri Lanka, will partner the Colombo Fashion Week for the very first time at its inaugural Resort Wear Show to be held later on this month. Rainco has a range of umbrellas to suit all tastes, including fashion umbrellas ...
SINGAPORE: PC maker Lenovo has named Saatchi & Saatchi Singapore as its brand agency of record for the Asia Pacific and Latin America (APLA) region, after a competitive pitch that took place end-July. The pitch involved several other international agencies in Singapore, who made presentation to the brand’s regional marketing team. Effective last month, ...
A sensational new offer from Emirates is likely to arouse the travel bugs among Sri Lankans in the month ahead. Sri Lanka-resident members of Skywards, the frequent flyer programme of the award-winning airline, can now save on fares to three popular destinations by paying part of the fare with accumulated Skywards Miles under this offer. ...
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 and legal impact, business communication, from brand vision to brand evaluation, sales management, analysis,...
The global escalation of commodity prices in the latter part of last decade impacted Sri Lanka’s rice market, with retail prices showing sharp increases for the consumer. The regulatory forces with a ceiling on consumer prices and guaranteed price for paddy did alleviate this problem to some extent. Today it has taken a different turn ...
Reuters: Asian shares steadied in choppy trade on Thursday ahead of the US Federal Reserve’s decision later in the day, as investors remained cautiously optimistic for further stimulus action to bolster the world’s largest economy. Commodities from oil to gold were also held in tight ranges as investors awaited the Fed decision expected to be ...
Reuters: Germany’s Constitutional Court gave a green light on Wednesday for the country to ratify the euro zone’s new bailout fund and budget pact, but insisted the German parliament have veto powers over any future increases in the size of the fund. The eagerly awaited verdict boosted global stocks and the euro currency as investors ...
Reuters: Usain Bolt will not seek a wild card entry in the 100 metres at next year’s world championships, hoping instead to secure a spot via the Jamaican trials, the six-time Olympic gold medallist said on Tuesday. The triple world record holder said he would defer the wild card honour for the Moscow event ...
The Government, which is juggling several internationally important events at the moment, will have one more ball to deal with as the United Nations Review Team arrives today for what promises to be an interesting tour. The team, which will consist of officials from India, Spain and Benin, will evaluate Sri Lanka’s post-war reconciliation progress ...
Sri Lanka’s best football talent identified 12 young soccer enthusiasts win a chance of a lifetime Winners will visit Manchester United Soccer school shortly Bharti Airtel, a leading global telecommunications company with operations in 20 countries across Asia and Africa, today announced the conclusion of the Airtel Rising Stars program at a colourful awards ...
ESPNCricinfo: Mohammad Ashraful has pointed to Bangladesh’s intensive preparation across three continents as their biggest asset as they head into the ICC World Twenty20. They have played a quarter of all their Twenty20 internationals this year, as well as two competitions where they played unofficial matches, all targeted towards a proper build-up to the event, ...
The country’s export sector has recorded mixed fortunes, suffering its worst decline year-on-year whilst month-on-month manages to recover, as per latest external trade data released by the Central Bank yesterday. Marking the fifth consecutive dip YOY, the contraction in exports in July at 17.4% to $ 794.4 million was the worst in recent times though ...
The Central Bank yesterday said earnings from tourism and workers’ remittances continued to hold up, cushioning the current account of the Balance of Payments (BOP). It said earnings from tourism in July 2012 grew by 23.6%, year-on-year, to $ 100 million, while during the first seven months of 2012, earnings from tourism have grown at ...
Momali – one of the leading manufacturers of sanitary ware in China re-enforces its presence in Sri Lanka with the arrival of a team of its founder members to research and develop its clientele and the needs of the market. The two-pronged purpose of the visit was also to educate dealers and its loyal clientele ...
A delegation from the United Nations Human Rights Council will arrive in Sri Lanka on Friday, Minister of External Affairs Prof. G.L Peiris has said. A technical team from the UNHRC office in Geneva on the advice of HR High Commissioner Navi Pillay will arrive in the country on 14 September, External Affairs Ministry officials ...