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- www.ft.lk - Category : Business - Relavancy : 0.10164113

The Sri Lanka Institute of Marketing (SLIM) together with the Bucks University featured the 2012 award winners from Singapore of global business associations and chief marketing officers under the theme ‘Is The Party Over?’ at Galadari Hotel, where a select audience of 200 business and marketers attended the event. Some of the key points discussed ...

- www.ft.lk - Category : Business - Relavancy : 0.10164113

Reuters: Indian Finance Minister P. Chidambaram sought on Monday to allay investor worries about an economy growing at its weakest pace in almost a decade by pledging to address their concerns over taxes, public finances and interest rates. In his first comments since becoming finance minister on July 31, Chidambaram said it was important to ...

- www.ft.lk - Category : Business - Relavancy : 0.14374228

LONDON (Reuters): Britain’s economy shrank far more than expected in the second quarter, battered by everything from an extra public holiday to government spending cuts and the neighbouring euro zone crisis. Finance minister George Osborne said figures released on Wednesday showed Britain had “deep-rooted economic problems,” adding that the slump in the second quarter was ...

- www.ft.lk - Category : Business - Relavancy : 0.11499382

Global Foreign Direct Investment (FDI) inflows rose 16 per cent in 2011, surpassing the 2005-2007 pre-crisis level for the first time, despite the continuing effects of the global financial and economic crisis and the current debt crisis in Europe, UNCTAD’s annual survey of investment trends reports. The World Investment Report 20121, subtitled ‘Towards a New ...

- www.ft.lk - Category : Business - Relavancy : 0.61512756

By Shamil Samsul Mueen 1. Introduction The global financial crisis has raised imperative issues concerning the stability and reliability of existing financial systems. This has driven an extensive global re-examination on the competence of the existing financial architecture and the search

- www.ft.lk - Category : Business - Relavancy : 0.08131291

BANGKOK (IPS): The just-ended United Nations sustainable development summit in Rio de Janeiro has exposed the discomfort that many developing Asian countries have over buzz words like ‘green economy’ and ‘green growth’ in development diplomacy. With the Economic and Social Commission for Asia and the Pacific (ESCAP), the U.N. regional development arm, endorsing these concep...

- www.ft.lk - Category : Business - Relavancy : 0.61512756

The Standard and Poor’s (S&P) Rating Services assigned a score of 8 (very high risk) to the Sri Lankan economy and banking industry last week. The role of ratings agencies in the lead-up to the global financial crisis (2008) was certainly highly questionable. There are also issues related

- www.ft.lk - Category : Business - Relavancy : 0.61512756

Reuters: Loose global monetary conditions are stoking credit and asset price booms in some emerging markets that could lead to a new financial crisis, the Bank for International Settlements warned on Sunday. Such a boom-and-bust cycle might have severe global repercussions, not least due

- www.ft.lk - Category : Business - Relavancy : 0.121969365

BEIJING (Reuters): Fresh fears over the global economy could unravel the benefit of cheaper oil prices and keep a lid on financial forecasts for the airline industry when its chiefs gather in China for their annual summit. An eight percent drop in oil prices this year has delivered a quick fix to an industry severely ...

- www.ft.lk - Category : Business - Relavancy : 0.17249073

SINGAPORE (Reuters): Asia’s economic growth probably troughed in the first quarter but a bounce-back may be muted, a Reuters poll showed. Although the fear factor has faded over Europe’s debt crisis and a slowing U.S. economy, both will still be a drag on growth rates in the region. Respondents in a quarterly survey of over ...

- www.ft.lk - Category : Business - Relavancy : 0.20328227

AMMAN (Reuters): Hussein Dabbas, President and CEO of Royal Jordanian Airlines(RJ), said he had resigned after almost three years as head of the state airline following a tough year for both the company and the industry due to regional political turmoil. “It has been a very tough year for the airline industry as a whole ...

- www.ft.lk - Category : Business - Relavancy : 0.121969365

While the government is fully capable of dealing with any pressures that come from Geneva, New York or Washington, it is the public servants and heads of corporations who should ensure good governance to improve the image of the country internationally, said President Mahinda Rajapaksa. Addressing a gathering of public servants, heads of state corporations, ...

- www.ft.lk - Category : Business - Relavancy : 0.10061959

Citizens should make a noise The Central Bank’s former Assistant Governor and its long-time Director of Statistics, Dr. Anila Dias Bandaranaike, at a recently held exporters’ forum, expressed the view that the business community should make it their business to discuss, debate and deliver their views on economic policies being formulated by the country’s policy ...

- www.ft.lk - Category : Business - Relavancy : 0.14374228

NEW DELHI (Reuters): India’s businesses, already facing high interest rates and a global economic slowdown, worry that the finance ministry will ask them to shoulder a bigger tax burden in the budget set for release on Friday to trim the fiscal deficit. After a drubbing in recent state elections, the government has little room to ...

- www.ft.lk - Category : Business - Relavancy : 0.14374228

Reuters: The Congress party’s drubbing in assembly elections proved beyond doubt that its populist politics failed to resonate with voters, and yet investors and consumers alike are bracing for more of the same from the besieged ruling party.  Hemmed in by maverick allies and the fallout from a slew of corruption scandals, the Congress party-led ...

- www.ft.lk - Category : Business - Relavancy : 0.14374228

Reuters: Leading economies told Europe it must put up extra money to fight its debt crisis if it wants more help from the rest of the world, piling pressure on Germany to drop its opposition to a bigger European bailout fund.  Euro zone countries pledged on Sunday, at a meeting of finance leaders from the ...

- www.ft.lk - Category : Business - Relavancy : 0.61512756

 Eurozone crisis makes industry outlook uncertain COSCO negotiates lower charter rates Many shipping companies hit hard by industry downturn BOAO, China, (Reuters): Global shipping is in a downturn even worse than during the 2008 financial crisis, China’s transportation minister

- www.ft.lk - Category : Business - Relavancy : 0.050820567

Following is the address delivered by Senior Minister for International Monetary Cooperation Dr. Sarath Amunugama at the fourth South Asia Economic Summit (SAES IV) Plenary Session: In the aftermath of the global economic crisis, there has been a noticeable shift in economic clout, moving from the USA and the debt-plagued countries of the Eurozone, to ...

- www.ft.lk - Category : Business - Relavancy : 0.08131291

I like to be an optimist. No matter what may happen around us, I would like to retain feelings of hope I have for all human-kind and on a more intimate level for you, for me, the newborn and the to-be-born. Yet, what has already happened around me, happening now and may happen in the ...

- www.ft.lk - Category : Business - Relavancy : 0.0711488

Financial stability risks have risen sharply in recent months, as slower economic growth, market turbulence in Europe, and the credit downgrade of the United States have weighed on the global financial system, according to new analysis by the IMF. Financial markets have begun to question the ability of policymakers to command broad political support for ...

- www.ft.lk - Category : Business - Relavancy : 0.10164113

The International Air Transport Association (IATA) last week announced traffic results for July which showed that passenger travel was up 5.9% over July 2010. Freight markets were stagnating with a 0.4% demand decline over previous year levels. “Passenger travel bucked the gloomy economic outlook with a 5.9% increase in July. This increase was likely based ...

- www.ft.lk - Category : Business - Relavancy : 0.16262582

GENEVA (Reuters): A revival in global air travel may be about to slow sharply as economic headwinds discourage premium travel, industry body IATA said last week. Its data for June showed a slight dip in premium and economy travel growth rates from May, although the number of passengers in both classes was higher than in ...

- www.ft.lk - Category : Business - Relavancy : 0.10164113

Reuters) – If history is any guide, another oil-induced recession may be just around the corner, at least for the United States and some of the other developed economies. Every time that the cost of oil relative to global economic output has hit current levels — and that’s even after sharp falls in spot prices ...

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