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- www.ft.lk - Category : Business - Relavancy : 0.0731866

UNITED NATIONS(Reuters): President Barack Obama will say on Tuesday the United States will “do what we must” to prevent Iran from acquiring a nuclear weapon as UN Secretary-General Ban Ki-moon warned against threatening attacks whose consequences would be devastating. Preparing to take the podium at the United Nations six weeks before the US presidential election, ...

- www.ft.lk - Category : Business - Relavancy : 0.025875371

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 ...

- www.ft.lk - Category : Business - Relavancy : 0.102461234

Thai Airways International recently held a pre-launch reception to showcase its first Airbus A380-800 aircraft and new products and services. Thai Airways has configured all six of its A380s scheduled to join the fleet between this year and next with 507 seats in three classes: 12 in Royal First Class, 60 in Royal Silk Class, ...

- www.ft.lk - Category : Business - Relavancy : 0.053780943

A salutary reader interest on share market regulation A reader of the previous week’s My View titled ‘SEC: Not a mere watchdog, but a bloodhound mandated to bite’ has raised an important issue with this writer. He has asked the question why it is necessary to have a regulator to police the financial markets and ...

- www.ft.lk - Category : Business - Relavancy : 0.06274444

By Cassandra Mascarenhas A groundbreaking initiative to encourage the commercialisation and adoption of nanotechnology across differing sectors, the National Science Foundation of Sri Lanka hosted the country’s inaugural nanotechnology conference last week. Aptly themed ‘Nanoscience and Nanotechnology in Sri Lanka: From Science to Commercialisation,’ the two- day conference featu...

- www.ft.lk - Category : Business - Relavancy : 0.043911956

The ‘Yes-Man’ Parasite, a.k.a. HMV The dictionary definition of a ‘pun’: ‘the clever or humorous use of a word that has more than one meaning, or words that have different meanings but sound the same’. The second word of the headline of today’s column is not exactly a pun, but somewhat akin to one, as ...

- www.ft.lk - Category : Business - Relavancy : 0.07245104

Reuters: The dynamic growth of golf in Asia has prompted suggestions that the continent merits a major championship of its own but if that does ever happen it will not be as a result of the PGA Championship relocating. PGA officials baulked at the suggestion on Wednesday that their event, widely viewed as the fourth-ranked ...

- www.ft.lk - Category : Business - Relavancy : 0.043911956

Playing off India against China and vice versa‘The Great Game’ was the name given to a diplomatic and military tussle between the British and Russian empires during the time of the British Raj in India for influence over what constitutes today’s central Asian states. Commonly known as the ‘Stan states,’ they were located along the ...

- www.ft.lk - Category : Business - Relavancy : 0.07245104

Reuters: The inaugural Sri Lanka Premier League (SLPL) represents a golden chance to showcase the island nation to the world, said one of the organisers of this month’s Twenty20 tournament. Sandeep Bhammer, chief executive of the little-known Somerset Entertainment Ventures group that has been given the rights to run the event for 15 years, told ...

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Politically-motivated violence or a riot is a form of civil disorder characterised often by what is thought of as disorganised groups lashing out in a sudden and intense rash of violence against authority, property or people. A riot could also be due to a perceived grievance or out of dissent. Political violence was seen in ...

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From 1 January 2013, EK203 from Dubai to JFK, and its return sector EK204, will become A380 flights, offering an increased capacity of almost 1,000 additional seats in both directions every week. The service is currently operated by a Boeing 777-300ER. “Emirates is experiencing very high demand for its New York flights and the start ...

- www.ft.lk - Category : Business - Relavancy : 0.07245104

As Sri Lanka-Japan bilateral discourse completes 60 memorable events, Japan has become our seventh largest international trade partner. “The total bilateral trade turnover between the two nations has grown to $ 1,250 m in 2011. Japan, our seventh largest trade partner in 2011, has always been a key trading nation as well as a generous ...

- www.ft.lk - Category : Business - Relavancy : 0.062100887

A pledge of continued support to Sri Lanka’s tourism industry through award-winning air services was one of the highlights of the high profile formal opening of The Emirates Lounge at the Bandaranaike International Airport (BIA), Katunayake yesterday. Tim Clark, President of Emirates airline and Mohammed Mattar, Divisional Senior Vice President Airport Services joined Minister of ...

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Reuters: Authorities in the world’s major economies are preparing for a possible market storm or public panic after cliffhanger Greek elections this weekend, officials said on Thursday, should radical leftists win and cast doubt on the nation’s future in the euro zone . Britain announced on Thursday it would flood its banking system with cash ...

- www.ft.lk - Category : Business - Relavancy : 0.041400593

Peter Kropotkin is a Russian revolutionist who has commented in his book ‘The Conquest of Bread’ what he considers to be the weaknesses of the economic systems of capitalism and how poverty and scarcity thrives on. However, Kropotkin did not believe in the theory of state and is known as an anarchist. The issue of ...

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Historically, capital markets have played an important role in the development of market economies and therefore the development of efficient regulation of securities too has become increasingly important. While fostering the development of the economy, the capital markets also play

- www.ft.lk - Category : Business - Relavancy : 0.062100887

With Irish golfers flying high at the top of the golfing world, Emirates has announced its first sponsorship in Ireland by becoming the Official Airline of the Irish Open. The 2012 Irish Open, which takes place in the spectacular surrounds of the Royal Portrush Golf Club, from 28th June – 1st July, is one of ...

- www.ft.lk - Category : Business - Relavancy : 0.10756189

n The Scholar who has refused to changeHumanistic approach Dr. Gunadasa Amarasekera, scholar, writer, poet, novelist, social activist and many more, in a special contribution to Professor Buddhadasa Hewavitharana Felicitation Volume Two released last month, has tried to analyse the most recent history of Sri Lanka in the context of the onset of the process ...

- www.ft.lk - Category : Business - Relavancy : 0.062100887

Emirates customers travelling to the United States will soon enjoy seamless connections to a dozen U.S. cities, after the airline announced the start of a one-way codeshare with JetBlue. The codeshare will further strengthen the relationship between Emirates and JetBlue. The two airlines have been interline partners since 2010, enabling customers to enjoy the convenience ...

- www.ft.lk - Category : Business - Relavancy : 0.07245104

HSBC Signature cardholders, an exclusive circle of customers, have been offered a 10 per cent discount on Emirates First and Business Class travel from Colombo to ten popular destinations. The exciting promotion valid from 1 April to 30 June is applicable for both return and one-way tickets purchased on-line via www.emirates.com/lk from 1 April to ...

- www.ft.lk - Category : Business - Relavancy : 0.10141033

Last Sunday when the unknown Ajinkya Rahane scored 103 runs off just 60 balls at the M. Chinnaswamy Stadium in Bangalore, which helped the Rajasthan Royals to score a massive 195 runs at IPL season five, my mind went to just one ethos the IPL is all about – highlighting performance. It is how IPL ...

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PYONGYANG,(Reuters) : North Korea’s new leader delivered his first major public speech on Sunday as the impoverished state celebrated the centenary of its founder’s birth, calling for a push to “final victory” despite a failed rocket launch two days earlier. A jowly Kim Jong-un, clad in black and the third of his line to rule ...

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Reuters: U.S. employers hired far fewer workers in March than in previous months, keeping the door open for the Federal Reserve to provide more monetary support for a still sluggish economy. The report was seized upon by Republicans hoping to make the weak economy the centerpiece of their campaign

- www.ft.lk - Category : Business - Relavancy : 0.07245104

nAward-winning carrier spends Rs. 200 m on plush dedicated facility for First and Business Class passengers and Skywards Gold members Emirates has opened its own dedicated passenger lounge at the Bandaranaike International Airport, Katunayake (BIA), becoming the first international airline to invest in such a facility at the BIA. Completed at a cost of Rs. ...

- www.ft.lk - Category : Business - Relavancy : 0.31510428

Reuters: Federal Reserve policymakers on Monday signaled little appetite for further monetary steps to stimulate U.S. growth in an economy that is gradually strengthening. “With my current outlook, I think our policy stance is still the one best suited to foster steady gains in output

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- www.ft.lk - Category : Business - Relavancy : 0.03622552

With the recent relaxing of the rupee exchange rate and subsequent increase in fuel prices, trade unions and the opposition parties are conducting protest campaigns against the Government, demanding a reduction in oil prices and the cost of living. This article investigates the living conditions of citizens in the recent past and present, quality and ...

- www.ft.lk - Category : Business - Relavancy : 0.051750742

When one saw recent pictures of a fit and energetic Chief Executive of Sri Lanka Inc. dashing downfield with a football, for a moment many would have wondered if football in Sri Lanka had indeed found a new sponsor, the State itself! But with the Minister of Sports watching intently, we were soon to realise ...

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Reuters: Greece claimed a major success for its bond swap offer to private creditors on Friday after it won heavy acceptance for a deal that averts the immediate risk of an uncontrolled default on its massive public debt.  The finance ministry said 85.8 percent of its 177 billion euros in bonds regulated under Greek law ...

- www.ft.lk - Category : Business - Relavancy : 0.09819013

Benito Mussolini, the fascist ruler of Italy, during World War II, said that his brand of fascism ‘should be more appropriately called Corporatism, because it is a merger of state and corporate power’. Compare this with the dictionary definition of capitalism: ‘A system in which a country’s business and industry are controlled and run for ...

- www.ft.lk - Category : Business - Relavancy : 0.10867655

Subsidies? Well yes, but make them smart subsidiesNigeria: Subsidising the neighbours Nigeria’s Central Bank Governor, Sanusi Lamidi Sanusi, had a problem. In a recent live interview with the Aljazeera TV, he said that his country had to raise the retail prices of all petroleum products to match the rising international prices, despite the violent and ...

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