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An important feature of the recent Sri Lanka Economic Summit, which both the Guest Speaker Gurcharan Das, Author, Columnist and Management Consultant and Keynote Speaker Dr. Kalpana Kochar, Chief Economist – South Asia of the World Bank, referred to were the opportunities presented to Sri Lanka by the ongoing process of globalisation and particularly the ...
Association of Professional Bankers (APB) – Sri Lanka, the country’s premier professional body for career bankers will hold its 24th Anniversary Convention on 13 and 14 August at the Cinnamon Grand on the theme ‘Sustainability in volatility: the bankers’ challenge’. The annual convention is APB’s key learning and development activity that brings together leading...
Former White House Communications Director to lead firm Burson-Marsteller, a leading global public relations and communications firm, today announced the appointment of Donald A. Baer as Worldwide CEO. Baer has wide-ranging executive experience across the worlds of media, communications, journalism and politics, including serving as White House Communications Director and Chief Speechwriter for Pr...
A special seminar on international education and global careers in finance has been jointly organised by Northwood University (USA) and ANC. Guest speakers from education and industry will introduce both O/Level ad A/Level students and their parents on how to best prepare for top jobs in finance. Seminar details are as follow: It’s all about ...
India Sri Lanka Foundation is supporting the visit of eight students and two teachers from Richmond College, Galle to India to participate in the Gateway Computer Tournament being organised by Montfort Sr. Secondary School, New Delhi from 23 to 29 July. The students and teachers visited the High Commission of India prior to their forthcoming ...
An exhibition of photographs and narratives by Anushka WijesinhaThe city of London is set to stage the 2012 Olympic Games, the biggest sporting event in the world and the attention of the global audience is on this vibrant global city. In the run up to the Olympic Games, Sri Lankans young and old have a ...
The Colombo Stock Brokers Association (CSBA) has made fresh representation to the Colombo Stock Exchange (CSE) as well as the Securities and Exchange Commission (SEC) with regard to the major challenges facing the Bourse, in addition to suggesting remedial measures. The critical assessment of the stock market is after acknowledging that an immediate and collective ...
Another round of elections has been fixed and the country is turned into election mode. Elections are said to be a benchmark of democracy, and then why are we bothered when more and more elections are held? More and more elections, have we correspondingly increased democracy in Sri Lanka? What does an election mean and ...
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 for a more enduring solution. As a result an increasing interest in Islamic finance ...
Sierra Global Network Private Limited, a leading telecommunication infrastructure development and managed services firm in Sri Lanka, has been awarded the prestigious ‘Leadership in Quality Award’ in Gold category by the Business Initiative Directions (BID) during their 16th annual global convention held in the Concorde La Fayette Hotel in Paris last week. “This award is ...
The Sri Lanka Economic Association or SLEA, the long-standing professional body of economists of Sri Lanka, has published some selected papers presented at its Annual Sessions in October 2011 in a volume titled ‘Achieving Economic Goals in the Midst of Global Challenges,’ the theme of the sessions. The volume, edited by two veteran economists – ...
CONSISTENT policies have always been a challenge for Sri Lanka, but its importance has been brought to the forefront yet again by the Sri Lanka Economic Summit that wrapped up on Thursday. Right from the onset, it was clear that the oft-repeated but rarely-listened-to issues were to dominate the three-day conference with economists, politicians and ...
By R.M.B. Senanayake The recent episode regarding the Z Score has led to demands that the Ministers of Education and Higher Education should resign. In their defence they say that the decisions were taken not by them but by experts. Yes, but didn’t they appoint these experts? How did they appoint such nincompoops? Not for ...
‘The Business of Sports’ is a fortnightly column that appears every other Thursday. This is Feature #22, continuing to seek a greater public engagement in our national sports and a sporting surveillance on what goes on away from the arenas and behind the scenes. Readers are invited to share their views and express their opinion ...
By Cassandra Mascarenhas The Ceylon Chamber of Commerce-organised Sri Lanka Economic Summit kicked off yesterday, with an emphatic message to both the Government and the private sector that challenges are mounting and success as a nation will depend on a strong collective effort to be competitive. Delivering a keynote address peppered with bold remarks, World ...
By Cassandra Mascarenhas Setting its sights on placing Sri Lanka in the global economy and expanding its reach in overseas markets, the Sri Lanka Economic Summit 2012, the Ceylon Chamber of Commerce’s annual flagship event, aptly themed ‘Positioning Sri Lanka in the Global Economy,’ commenced last evening at the Cinnamon Grand. In the context of ...
After 11 years of making US higher education popular across the tiny island nation in Indian Ocean Scholarships for USA (Pvt) Ltd (www.scholarshipsforusa.com) has commenced promoting Sri Lanka as one of the most viable Study Abroad destinations for its numerous partners in US. SUSA believes the traffic needs to be both ways and there’s much ...
The Oxford Dictionary tells us that being ‘happy’ is being cheerful with feelings of pleasure or satisfaction. ‘Satisfaction’ is, in turn, when you are pleased because you have achieved something or because something has happened as you wanted it to. A synonym is being ‘content’ – being happy and satisfied with what you have. Rulers ...
Sri Lanka’s new development tagline Sri Lanka’s current development tagline has been to make it the ‘Emerging Wonder of Asia’ as originally enunciated in the ‘Mahinda Chinthana: Vision for the Future’ and reaffirmed in both the Development Policy Framework of the Government issued in 2010 and the Annual Report of the Ministry of Finance and ...
Aspirations Intern-ational Academy announced that the modern, futuristic institute in Sri Lanka has introduced teaching for University of London International Programs in BSc Accounting and Finance (Hons), BSc Economics and Management (Hons) and Bachelors in Law- LLB (Hons) further expanding
The prestigious world construction Symposium of the International Council for Research and Innovation in Building and Construction (CIB) will have Sri Lanka as its next venue for the 2012 deliberations. The world Construction Symposium 2012 will be held in Colombo from 28th June to 01st July 2012 at the cinnamon Grand Hotel. This year’s symposium ...
By Marianne David MP and consultant economist Dr. Harsha De Silva yesterday alleged that THE UNP’s criticism over the mismanagement of the economy and the Central Bank as well as the EPF’s investments in banking stocks have been emphatically validated by global rating agency Standard and Poor’s.“Standard and Poor’s reiterated what we have been saying ...
Reuters: Myanmar’s opposition leader Aung San Suu Kyi announced in Britain on Tuesday that she was prepared to take the helm as the leader of her people, the strongest signal yet she saw herself as someone who could lead her country one day. Myanmar’s then-ruling junta freed the Oxford-educated Nobel Peace Prize laureate from house ...
Top economist and public servant R.A. Jayatissa has recently assumed duties as the Chairman of Sri Lanka Insurance Corporation. Previously the SLIC Chairmanship was held by President’s Chief of Staff Gamini Senerath. Jayatissa, an economist, was the Deputy Secretary to the Treasury and Senior Economic Policy Advisor to the Ministry of Finance and Planning. He ...
Augustana College in Illinois USA recently welcomed Priyanthi and Padmasena Dissanayake of Scholarships for USA (Pvt) Ltd (www.scholarshipsforusa.com) of Sri Lanka to its campus in Rock Island – about a three hour drive from Chicago – third largest city in US. Dissanayakes, well known in the island nation and among many international recruiters in US ...
The Hindu: When Prime Minister Manmohan Singh meets Sri Lankan President Mahinda Rajapaksa on the sidelines of the G-20 summit in Los Cabos, it will be their first meeting after India voted against Sri Lanka at the United Nations Human Rights Council session in Geneva earlier this year. Dr. Singh’s hectic schedule, and the fact ...
HSBC Group Chairman Douglas Flint announced the launch of the HSBC Water Programme, a new $100 million, five-year partnership with WWF, WaterAid and Earthwatch to tackle water risks in river basins; bring safe water and improved sanitation to over a million people; and raise awareness about the global water challenge. The announcement comes as a ...
Nations Trust Bank (NTB) is pleased to announce the appointment of Indrajith Boyagoda as Deputy General Manager, Treasury. He joined NTB on 5 June. Boyagoda joins NTB from SAMBA Financial Group, the premier financial services provider in the Kingdom of Saudi Arabia, where he functioned as the Assistant General Manager/Program Director, Treasury and Capital Markets, ...
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 ...
Senior banker K. Dharmasiri yesterday assumed office as the new General Manager at Bank of Ceylon. He succeeded W.A. Nalani who retired last week after a 37 year stint. Prior to elevation as the General Manager, Dharmasiri who joined BOC in 1975, was the Additional General Manager (Recovery), a post which he assumed in June ...