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Minister for the Environment Anura Priyadarshana Yapa, speaking yesterday at a seminar entitled, ‘Emerging Issues on Trade, Climate Change and Food Security: Way Forward for South Asia’ held at the Institute of Policy Studies of Sri Lanka (IPS) Auditorium reiterated the impact climate change is having in South Asia. Minister for the Environment Anura Priyadarshana ...
The Institute of Policy Studies of Sri Lanka (IPS ) and the South Asia Watch on Trade, Economics and Environment (SAWTEE) ) have organised a South Asia regional seminar entitled, ‘Emerging Issues on Trade, Climate Change and Food Security: Way Forward for South Asia,’ from 31 May to 1
The stock market’s misery worsened yesterday with the benchmark All Share Index (ASI) dipping below the psychological 5,000 points level whilst year to date a staggering Rs. 371 billion in value has been wiped off. The ASI yesterday dipped by 1.5% or 74.66 points, to close at 4,935.01, the lowest close in 22 months or ...
The development of the human resources in the public sector has been identified as an imperative factor to achieve the Government’s development targets by making productive decisions and to deliver efficient and productive services to the general public by the ‘Mahinda Chinthana: Vision for the Future’. In order to fulfil these objectives, the Government of ...
Sri Lanka’s largest mobile services provider Dialog Axiata PLC has introduced eTeacher, a web based education portal which allows subscribers to follow tuition classes conducted by popular lecturers via the web from any place at anytime, without the hassle of travelling during peak traffic times. The eTeacher web based education portal can be accessed by ...
Phoenix Industries Ltd., on Wednesday announced its appointment as the sole licensee in Sri Lanka to manufacture the world renowned FlowGuard portable water distribution systems of Lubrizol of USA, the global leader of CPVC [Chlorinated Poly-Vinyl Chloride] pipe and fittings, invented way back in 1959 (Formerly known as B F Goodrich). In Sri Lanka for ...
By an Analyst There is no doubt and there is near unanimity that overregulation by the previous Securities and Exchange Commission arising from inexperience, lack of knowledge and lack of correct strategies was the prime cause for the market collapse witnessed today. The SEC without any foresight and professionalism has introduced ad hoc legislation detrimental ...
Often the success of a board and a company is directly connected to the character and the relationship of the directors and top management of the company. Good governance in general gives the company the protection to operate effectively, the ability to do what’s right for the company and for all the stakeholders. That is ...
Consultant Economist and UNP MP Dr. Harsha De Silva will share ‘possible scenarios for the exchange rate’ on 30 May at Waters Edge at a forum organised by the Sri Lanka Apparel Sourcing Association (SLASA). The exchange rate of late has been a contentious issue and its future outlook will be of importance for the ...
The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) in its continuing endeavour to keep the country’s corporate leaders and ambitious professionals abreast of evolving global changes, has once again partnered with one of the world’s leading graduate business schools to bring to Sri Lanka the renowned Global Strategic Management Program. The four-day ...
An internship with MAS Holdings, Deutsche Bank and DialogCorporate heavyweights MAS Holdings, Deutsche Bank and Dialog Axiata PLC are in search of the next batch of exceptional interns to join their annual Summer Internship Program, commencing July 2012. This joint initiative is rated one of the best internship programs in the island and has been ...
The Ceylon National Chamber of Industries (CNCI), the pioneering Industry Chamber in Sri Lanka has organised an interesting and stimulating seminar presentation on marketing and gaining access to western markets, EU and USA and the facilities and benefits available to Sri Lankan industry and manufacturing sectors. The seminar presentation is expected to take place on ...
By Saman Kelegama New deal from Busan? The 4th High Level Forum (HLF) on Aid Effectiveness in Busan which took place during 29 November to 1 December 2011 came out with a New Deal for Engagement of Fragile States – a somewhat novel document of aid architecture that provides fragile states a stronger role in ...
Citrus Leisure PLC recently announced the appointment of Chandana Talwatte as Director/CEO and Vasula Premawardhana as Director of the Citrus Group. Talwatte is a well-respected corporate leader with a proven track record of driving businesses forward under challenging conditions. He served most recently as Director – Sales and Marketing of Cinnamon Lakeside, Colombo. He has ...
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 ...
Says positive economics will provide a tailwind DNH Financial Ltd. is advising investors to focus on high dividend stocks whilst reminding that it is timely to review portfolio and asset allocation as positive economics will provide a tailwind for the Colombo Bourse. Here are excerpts from DNH
The need for an integrated program on a war footingIn 2008, eight prizewinning economists were asked to list the type of projects which would do the most good for the most number of poor people, if they had an imaginary $ 75 million to spend. Half of their proposed projects involved nutrition. There has been ...
HelpAge International received the Hilton Humanitarian Prize at the Global Philanthropy Forum in Washington, D.C. on Monday, 16 April. HelpAge International is the only global organisation with a singular focus on providing assistance to and advocating for disadvantaged older people. It helps older people claim their rights, challenge discrimination and overcome poverty, so that they can ...
UNP MP Dr. Harsha de Silva backs Daily FT columnist on per capita income data, claimsfigures too inflated and Govt. trying to mislead people and global stakeholders; CB getting more politicised By Uditha Jayasinghe Firing another salvo at the Central Bank, UNP MP and economist Dr. Harsha De Silva yesterday alleged “creative accounting” in calculating ...
This is a summary of HSBC’s Global Economics Quarterly for Q2 2012 The foundations are weak With the US stock market up around 30% from its lows last autumn, with eurozone periphery bond yields tumbling through much of the first quarter and with the green shoots of an economic spring emerging here and there, it ...
Institute of Supply and Materials Management (ISMM) held its Annual General Meeting along with the Technical sessions on 31 March at the Auditorium of Organisation of Professional Association. At the AGM, President Danesha Perera was re-elected unanimously the term 2012/13 and was inducted. New Management of Council Members were also elected. Perera is well known ...
The Institute of Policy Studies of Sri Lanka (IPS) and the Department of Economics and Statistics of the University of Peradeniya launched two Volumes on “Economic and Social Development under a Market Economy Regime” edited by Dr. Saman Kelegama, Executive Director of the IPS and Dr
Professor Buddhadasa Hewavitharana felicitated The legendary Economics Guru of Peradeniya vintage for more than four decades, Emeritus Professor of Economics Buddhadasa Hewavitharana, was felicitated last week by the country’s top policy think-tank, Institute of Policy Studies or IPS
Relevance to microfinance and total financial inclusion Section 10 (2) of the Finance Business Act No. 42 of 2011, provides that: no other person other than a finance company and an institution specified under s. 10 (6), shall use the words ‘finance,’ ‘financing,’ or ‘financial’ as a part of its name or description, except with ...
President Mahinda Rajapaksa who attended the Parliament yesterday on the special session on amendments to the Finance Act received a lecture on economics from none other than UNP MP Dr. Harsha de Silva. While Dr. De Silva was engaged in a rather heavy criticism of the proposed amendments
Ahead of Friday's AGM, Pan Asia Bank Plc (PABC Bank) Board of Directors yesterday appointed Nimal Perera as the Chairman and Eshana de Silva as the Deputy. Nimal was previously the Deputy Chairman and was elevated as the incumbent senior banker A.G. Weerasinghe is up for retirement. The new appointments are effective from 2 April. ...
Veteran banker Eastman Narangoda today stepped down as Chairman of Seylan Bank after a record-making three year tenure at its helm. Making the announcement at the Bank’s AGM yesterday Narangoda cited “personal reasons” for his decision. Appointed as Chairman of Seylan Bank PLC on 30 December 2008, Eastman Narangoda was a key figure who instrumented ...
I am of the view that there is strong potential in using the knowledge and the caring among our youth in protecting our natural assets. It is sad that the vast reservoir of knowledge and information our young nature enthusiasts possess is not adequately harnessed for conservation decision making. Herein is an appeal to policymakers ...
Senior banker C. Samarasinghe (Sam) has been appointed as the CEO of People’s Merchant Plc (PMB) with effect from 1 May. He takes over at People’s Merchant after a long stint spanning 37 years at the Bank of Ceylon. Sam succeeds Rajeeva Bandaranaike, of CSE-fame. Bandaranaike has announced his resignation from PMB after serving less ...
Lankan born Gishan Dissanaike, the Adam Smith Professor of Corporate Governance, University of Cambridge will share key insights to the good, bad and the ugly of insider trading at seminar on Monday jointly organized by the Institute of Chartered Corporate Secretaries and Securities and Exchange Commission (SEC) in partnership with the Daily FT. Dissanaike will ...