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17 results found in 1922 ms
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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 ...
Commissioners given freedom to decide future course with regard to DG post Dr. Jayasundera says top professionals picked to give leadership to a sound capital market growth Priyantha and Sujeewa served as Commissioners under Indrani Sugathadasa as well Opposition and certain market segments decry choice of men given their conflicting roles By Nisthar Cassim Likely ...
Last week I had the opportunity of meeting the Maldivian business delegation that was in Sri Lanka with their Head of State to sign a series of bilateral agreements with the Government of Sri Lanka. One CEO of a large resort chain in the Maldives said the climate change issues that the Maldives is up ...
Emirates’ A380 route network has extended to the Netherlands with the launch on 1 August of services to Amsterdam. Emirates is the first carrier to offer a scheduled A380 service to the Netherlands, after just two years since its first flight to Amsterdam. The double decker will operate as EK 0147, departing Dubai to Amsterdam ...
The Pacific Asia Travel Association (PATA) hosted the PATA Hub City Forum, London, 5 July at the Institute of Directors in Pall Mall. The objective was to engage on a variety of strategic matters including UK border issues, inward investment for the UK, Heathrow Airport, crisis response, the 2012 Olympic impact, and the UK’s controversial ...
UNP MP Karu Jayasuriya has called for the Opposition parties to unite to abolish the Executive Presidency saying it was the singular enemy of Sri Lanka. Here is the full text of Jayasuriya’s statement: Everything that presently ails Sri Lanka hinges on a single factor – the Executive Presidency that concentrates all power in the ...
Ford Motor Company unveiled the highly anticipated all-new Ford Ranger at the Ceylon Motor Show 2012, where Sri Lankan consumers will be able to see and experience the redesigned vehicle for the first time. The class-leading compact pickup truck has been completely reinvented, offering superior performance, safety, technology and quality. Ford returns to the Ceylon ...
A laudable goal that needs much more workSocial justice to be the Government’s development philosophy The development philosophy of the present Government, as pronounced in the Annual Report of the Ministry of Finance and Planning for 2011 released two weeks ago, is a blend of social justice with economic progress (p 14). This is a ...
Government’s commitment: Will improve state enterprises The Annual Report of the Ministry of Finance and Planning for 2011, just released, has, among many others, one important positive message for the nation. It has reiterated the Government’s commitment, as it had done earlier too, to improving the performance of what it calls State Owned Business Enterprises ...
As all eyes are focused on Sri Lanka with the deciding vote taking place on Thursday in Geneva, the thought that crossed my mind was the power of the Diaspora and how world politics can shape the destinies of small countries like Sri Lanka. Whilst some can argue it is unfair, the reality is that ...
Ford this week announced the winning project under their Environmental Conservation and Grants program in Sri Lanka. The ‘Fire Prevention in Knuckles Forest Reserve’ project was selected as the winner after heavy jury examination and will receive up to $ 10,000 from Ford Motor Company to implement their proposal. Ford Motor Company’s Conservation and Environmental ...
What do nation states do when their politicians ruin their economies by serial lying to the voters, running up huge domestic and international financial deficits, uncontrolled corruption, cannot keep interest rates at reasonable rates, cannot control inflation nor hold the exchange rate steady and run the country on an unsustainable basis, depending on what has ...
By Cheranka Mendis To facilitate the growing need for professional human resources in the developing local business market, BRC (Bill Roy Consulting) Partnership, a consultancy based in Carrickfergus, Northern Ireland set up shop in Sri Lanka with the launch of BRC Lanka – a leadership and management development company. Officially launched yesterday, BRC has partnered ...
BANGKOK (AFP): Thailand’s worst floods in decades have jolted a global supply chain already straining under the impact of Japan’s tsunami, as deluged factories threaten some of the kingdom’s key export industries. The floods have killed about 300 people, damaged one-tenth of Thailand’s rice paddy and made major roads north of Bangkok impassable. Toyota, Ford, ...
President Mahinda Rajapaksa will inaugurate tomorrow the three-day Rotary South Asia Conference for Development and Cooperation hosted by Sri Lanka. The President will address the ceremonial inauguration on Sunday at 9 a.m. at Galadari Hotel whilst the conference will be held at Cinnamon Grand. Around 300 delegates and speakers of repute from the corporate and ...
Exponential 575% rise in comparison to FY2010’s figure of Rs. 155 m; Posts Rs. 829 m net profit attributable to equity holders; Turnover more than doubles to Rs. 10.6 b FY2012 1Q revenue up 162% to Rs. 4.4 b; after tax profit up 257% to Rs. 368 m Assets worth Rs. 34.3 b, up from ...
By an Independent Analyst The State Assembly of Tamil Nadu (TN) passed a resolution on 8 June 2011, requesting the Indian Central Government to push the international community against Sri Lanka towards imposition of ‘economic sanctions’. The resolution at the TN assembly moved by Jayalalitha as the Chief Minister passed unanimously with the ruling party ...
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