@2022 - All Right Reserved. Designed and Developed by Rev-Creations, Inc
2493 results found in 1312 ms
Page 7 of 84
Reuters: Asian shares retreated from a two-week high on Friday as investors scaled back their expectations of strong stimulus from the US Federal Reserve and fretted about economic growth after manufacturing surveys from the euro zone and China depicted a bleak outlook. Senior Fed official James Bullard said US data had been somewhat better since ...
Keheliya says Finance Ministry could probe SEC Chief’s claims; Harsha wants action By Uditha Jayasinghe In the wake of Securities and Exchange Commission Chairman Tilak Karunaratne resigning, the Government yesterday said that it would consider the possibility of introducing legislation to curb white collar crimes. Responding to questions at the weekly Cabinet briefing, Media Minister ...
By Ashwin Hemmathagama Our Lobby Correspondent Erroneous question papers distributed among the candidates who sat for the recently concluded Advanced Level examination was taken up by Minister of Education Bandula Gunawardena at the Parliament on Wednesday proposing to establish a databank with examination questions, which will be used to prepare question papers in the future. ...
UNP MP Karu Jayasuriya yesterday warned that the country was heading for ruin by the failure of the Government to address a host of burning public and economic issues. “The path of the government is obvious. If the Government does not get on to the right path, even at this stage, the country will be ...
Industry and Commerce Minister Rishad Bathiudeen is seeking the services of Inter Parliamentary Union (IPU) to send a mission to observe judicial proceedings instituted against him in Sri Lanka. Bathiudeen has written to IPU and had noted that that the upcoming proceedings in Colombo and Mannar could take place in a hostile environment created by ...
CIMA Sri Lanka will hold a half day workshop titled ‘Crisis: mitigate or manage’ by Amar Naseer, Legal Director and Company Secretary at Unilever Pakistan on 28 August from 2p.m. to 5p.m. at the CIMA auditorium. Naseer has Over 20 years of experience in the area of law, systems development, finance, taxation and corporate affairs ...
Reuters: Forbes magazine ranked German Chancellor Angela Merkel the most powerful woman in the world for the second year in a row in the annual list dominated by politicians, businesswomen and media figures. President of the Indian National Congress Sonia Gandhi Forbes magazine ranked German Chancellor Angela Merkel the most powerful woman in the world ...
Indo-Lanka relations Indo-Lanka relations have been cordial ever since the two countries gained independence. The most notable act of magnanimity on the part of India was to cede the Island of Katchchathivu to Sri Lanka through an agreement between the two countries. Relations have intermittently been strained due to domestic ethnic issue having had a ...
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 ...
Reuters: About one million Indian bank employees began a two-day strike on Wednesday to protest against reforms that could ease mergers rules and allow more private capital into the sector, hitting banking transactions and some market trading operations. The strike, involving mainly the staff of state-run banks that make up around 70% of the sector, ...
The Sri Lanka Institute of Marketing together with Bucks University will be presenting a sell-out evening meeting at the Galadari Hotel themed ‘Is the Party Over’? The event will feature the 2012 winners of the Association of Businesses and Chief Marketing officers (CMO) Congress in Singapore that brought honour to Sri Lanka in the fields ...
The Finance Houses Association (FHA) has launched a Code of Ethics for registered finance companies for the benefit of all stakeholders of the industry. FHA said the new Code of Ethics would be a guideline for business operations of member finance companies in terms of customer services, confidentiality of information, legal obligations, employee recruitment, competitive ...
UNP MP Dr. Harsha de Silva on Tuesday identified Sri Lanka as a country sans law and order elaborating on the recent SEC debacle. “Within a period of one year two chairmen resigned at SEC. One happens to be the wife of the President’s Secretary Lalith Weerathunga. These past chairmen have found it difficult to ...
With apologies to Francis Bacon whose quote is misquoted but not in essence of what he meant. Bacon’s comment that “reading maketh a full man, conference a ready man, and writing an exact man” is to be seriously looked at today in education and in practice where we appear to falter at every step of ...
Representative of the Government of Japan for Peace-Building, Rehabilitation and Reconstruction in Sri Lanka Yasushi Akashi yesterday called on the External Affairs Minister Prof. G. L. Peiris and held discussions on the post-war developments in the country. Akashi, who is on a six-day official visit to Sri Lanka, met Prof. Peiris at the Ministry today ...
Students at the Open University on Wednesday went on strike against the continued stoppage of work by academics and have appealed to the Government to end the crisis that is locked in a stalemate. Given the massive impact the protest is having on thousands of students and their futures, this is a reasonable request, but ...
Developed economies heading towards a recession The global economy started off the second half of 2012 with a whimper as the latest data confirm that growth is faltering across all regions. Europe is clearly in the midst of an intensifying contraction, US consumers and businesses are pulling back in the face of increasing uncertainty, and ...
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 ...
CAIRO (Reuters): Egypt has formally requested a $4.8 billion loan from the International Monetary Fund, a spokesman for its president said on Wednesday during a visit to Cairo by IMF chief Christine Lagarde to discuss support for the country’s ailing economy. Egypt’s finance minister said last week Cairo would discuss the possibility of the bigger-than-expected ...
Recognises Sugathadasa and Karunaratne as people of integrity; says didn’t call for their resignations but faults the regulatory system and officers within Disassociates with investor mafia if such exists; admits receipt of five letters of inquiry from SEC Says his presentation at President’s Forum was on behalf of like-minded investors Reiterates over-regulation and fear psychosis ...
The Government yesterday ordered the closure of all universities except the medical faculties until further notice. The Minister of Higher Education S.B. Dissanayake has said the decision to close all the universities was taken due to the two-month long strike by the university academics jeopardising the future of the university students. The Federation of University ...
LONDON (Reuters): Global crude steel production rose in July, reversing direction after a slight fall in June, data from industry body Worldsteel showed on Tuesday, with the sector anticipating a pick-up in demand following the end of the slow summer period. Global output rose by 2% to 130 million tons in July, compared to the ...
What is sales management? Sales management is a business discipline which is focused on the practical application of sales techniques and the management of a firm’s sales operations. It is an important business function as net sales through the sale of products and services and resulting profit drive most commercial business. These are also typically ...
Reuters: Shares rose on Tuesday as investors held on to hopes the European Central Bank can trim borrowing costs and help restore confidence in the euro bloc, even as officials denied a report about the shape of its planned bond buying strategy. But most other assets – from the euro to oil and gold – ...
Reuters: The Central Bank believes the rupee can strengthen to around 125 per US Dollar due to high foreign inflows into the economy, the Head of the country’s monetary authority said of Monday. Since April, the Central Bank and Finance Ministry have repeatedly said the rupee should stabilise at around 125 per dollar, given the ...
By Shanuka Tissera A year to date, since the last annual general meeting of The Planters’ Association of Ceylon, there have been some turbulent changes in the tea, rubber and coconut industries due to the crisis in the Middle-East and EU. The 158th AGM of The Planters’ Association of Ceylon took place on 17 August ...
Last week I had the opportunity of meeting Hermawan Kartajaya, one of the top 50 gurus who has shaped the world of marketing. His perspective to the changing landscape of marketing and what business must do sure opened my mind set to a new way of thinking business and Sri Lanka’s policy decision making. Hermawan ...
Reuters: Asian shares inched lower on Monday, taking a break after investor risk appetite had risen on hopes that Europe’s policymakers will take decisive steps to tackle the euro zone’s debt crisis in coming weeks. MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.2 per cent, pulled lower by Chinese shares. The index ...
BANGKOK, THAILAND: Myanmar could follow Asia’s fast growing economies and expand at 7% to 8% a year, become a middle income nation, and triple per capita income by 2030 if it can surmount substantial development challenges by further implementing across-the-board reforms, a new Asian Development Bank (ADB) study says. ”Myanmar’s strategic location, rich natural resources ...
Reuters: Italian Prime Minister Mario Monti said on Sunday the end of the economic crisis in his country was in sight and that the euro zone must not let the single currency become a source of friction between the north and south in the bloc. Speaking at a conference in Rimini, he said the euro ...