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MALE (Xinhua): The main opposition in the Maldives has submitted a set of proposals to the government to end the political crisis in the country, officials said on Thursday. The festival of the famous Nallur Kandaswamy temple was held last morning. The historic festival draws devotees
- Nasheed’s Colombo visit put on hold (Category: Breaking News)
- Maldives elections will not be in ‘foreseeable future’ (Category: Business)
- Three Lankans sentenced in Maldives for transporting liquor (Category: Breaking News)
- Opposition in Maldives says polls bolster its early vote call (Category: Business)
A well respected professional, Dr. Hermawan Kartajaya from Indonesia was on a visit to Sri Lanka Institute of Marketing (SLIM) the national body of marketing in Sri Lanka. The Indonesian author and public speaker in marketing studies, who co-authored several books with the worlds marketing guru Professor Philip Kotler, met with SLIM Council members and ...
- Honorary Fellow Dr. Hermawan Kartajaya Visits SLIM (Category: Business)
- SLIM delegates shine at Philippines National Marketing Conference (Category: Breaking News)
- Eminent speakers at SLIM International Marketing Conference 2012 tomorrow (Category: Business)
- Prof. Liyanage given Honorary Fellow Status at SLIM (Category: Breaking News)
Reuters: Asian shares inched higher on Thursday but gains were limited as investors waited for more clues over the timing and extent of any further stimulus to tackle the euro zone’s debt crisis and support global growth. Strong U.S. industry output report on Wednesday, which followed
- Euro hits decade low vs yen, remains vulnerable (Category: Business)
- World stocks off early highs ahead of US jobs (Category: Business)
- Asian shares flat as weak China data fuels growth worry (Category: Business)
- Asian markets cheered by Fed rate outlook (Category: Business)
Strikes are becoming the bane of Sri Lanka. As the country grapples with numerous strikes taking place crippling many services, the logic of holding these work stoppages and the Government response to them has become the daily bread and butter of the media. The university lectures have been on strike for several months now, following ...
- Bus strikes islandwide affect commuters (Category: Breaking News)
- Gold strikes record as macro unease jolts markets (Category: Business)
- IFS strikes deal with Mir Technologies in Bangladesh (Category: Business)
- Strikes paralyse government hospitals (Category: Breaking News)
Companies skilled at core HR practices experience greater revenue growth and higher profit margins, says BCG-WFPMA Report based on global study BOSTON: Companies highly skilled in core HR practices experience up to 3.5 times the revenue growth and as much as 2.1 times the profit margins of less capable companies, according to new research ...
- Are you HR professionals up for the challenge? (Category: Business)
- Measuring the impact of HR (Category: Business)
- SLT recognised at HRM Awards (Category: Business)
The worst drought in the US in at least five decades has resulted in the loss of one-sixth of the expected corn crop. The UD Department of Agriculture (USDA) has estimated that corn farmers have been compelled to abandon fields greater in area than Belgium and Luxembourg combined, following the hottest July ever recorded in ...
- Global food prices near 3-year highs – World Bank (Category: Business)
- Resource depletion: Opportunity or looming catastrophe? (Category: Technology)
- No inflation respite for Asia despite fall in food, fuel prices (Category: Business)
- Japan says El Nino emerges, raising fears on food prices (Category: Business)
Shares thoughts on sustainability in volatility and the way forward The Guest of Honour, Dato’ Charon, President and Members of the Professional Bankers’ Association, my dear friends, first of all, let me thank the Association of Professional Bankers for inviting me this evening to your 24th Convention and giving me the opportunity to share a ...
- Association of Professional Bankers’ anniversary convention on 13 and 14 August (Category: Business)
- Sustainability in volatility: The bankers’ challenge (Category: Business)
- APB to promote ‘Sustainability in Volatility’ at 24th anniversary convention (Category: Business)
- Swiss banks tout stability and secrecy to lure rich (Category: Business)
Reuters: The Chairman of Nestle, the world’s biggest food group, warned that the world faced a worse hunger crisis than in 2008 given the amount of land devoted to producing biofuels instead of food. “The World Food Organization has now determined what I have been preaching
- Food security is a priority for Sri Lanka (Category: Breaking News)
- Govt will strengthen farmers to meet future challenges - President (Category: Breaking News)
- Ukraine war aggravating existing global food crisis, UN warns (Category: Breaking News)
- WFP concerned about food crisis in Sri Lanka (Category: Breaking News)
PARIS/LONDON (Reuters): Leading members of the Group of 20 nations are prepared to trigger an emergency meeting to address soaring grain prices caused by the worst US drought in more than half a century and poor crops from the Black Sea bread basket. France, the United States and G20 president Mexico will hold a conference ...
- Bill Gates to urge G20 not turn backs on poor (Category: Business)
- Euro zone crisis set to dominate G20 meeting in Paris (Category: Business)
- G20 to Europe: show us the money (Category: Business)
- World 2011 grain output record high, market tight: FAO (Category: Business)
Sri Lanka and Swaziland Tuesday signed an agreement on Economic, Commercial and Technical Cooperation between the two countries following bilateral discussions held between Sri Lankan President Mahinda Rajapaksa and the visiting King Mswati III of Swaziland. King Mswati III accompanied by Queen Inkhosikati LaMahlangu and his delegation arrived in the island yesterday for a three-day ...
- Sri Lanka, Swaziland leaders hold bilateral discussions, sign agreement (Category: Breaking News)
- Sri Lanka, Swaziland leaders hold bilateral talks, sign agreements (Category: Business)
- King of Swaziland in Sri Lanka (Category: Breaking News)
- Banquet hosted in honour of King of Swaziland (Category: Breaking News)
Reuters: The euro zone’s debt-ravaged economy shrank in the second quarter, having flatlined in the first, despite continued German growth which economists said could soon be snuffed out. The 17-nation currency bloc contracted by 0.2% on the quarter, data showed on Tuesday. Germany eked out growth of 0.3%, marginally beating forecasts, but its forward-looking ZEW ...
- Euro zone barely grows in Q3, recession looms (Category: Business)
- Euro zone recession may have already started: PMIs (Category: Business)
- Euro zone confidence falls in Sept., inflation expectations rise (Category: Business)
- Global stocks retreat after Swiss move; euro jumps (Category: Business)
Sri Lanka and Swaziland Tuesday signed an agreement on Economic, Commercial and Technical Cooperation between the two countries following bilateral discussions held between Sri Lankan President Mahinda Rajapaksa and the visiting King Mswati III of Swaziland. King Mswati III accompanied by Queen Inkhosikati LaMahlangu and his delegation arrived in the island yesterday for a three-day ...
- Sri Lanka, Swaziland leaders hold bilateral discussions, sign agreement (Category: Breaking News)
- Sri lanka, Swaziland sign bilateral agreements (Category: Business)
- King of Swaziland in Sri Lanka (Category: Breaking News)
- Banquet hosted in honour of King of Swaziland (Category: Breaking News)
By Cassandra Mascarenhas The technical sessions of the Association of Professional Bankers’ 24th anniversary convention were held yesterday, bringing the APB’s flagship event to a close. Aptly themed ‘Sustainability in volatility: The bankers’ challenge,’ each technical session explored an area that could throw obstacles in the path of bankers and the line-up of speak...
- More than ever, businesses must think ‘what if’ (Category: Business)
- Banking foresight – Shaping integrated development (Category: Business)
- APB to promote ‘Sustainability in Volatility’ at 24th anniversary convention (Category: Business)
- Threat of recession contains risk of further global bank failures (Category: Business)
The NDB Group has delivered yet another strong performance for the first half year of 2012 recording a commendable profit after tax of Rs. 1,362 million to its shareholders, which is an increase of 36 per cent compared to the previous year. Chairman of the Bank Hemaka Amarasuriya stated: “The impressive results are attributable to ...
- NDB reports strong financial results in 1Q (Category: Business)
- NDB awarded international accolade for brand excellence (Category: Business)
- NDB Group 2011 profits up 35% to Rs. 2.9 b (Category: Business)
- NDB enjoys $ 59 m net receipts; poised for investment and growth (Category: Business)
Reuters: Japan’s economy expanded just 0.3 percent in April-June, half the pace expected, fuelling concerns growth will continue to flag as a rebound in consumer spending starts to lose momentum and Europe’s debt crisis weighs on global demand. The data provides further evidence
- Japan economy shrinks more than expected in Q4, weak exports weigh (Category: Business)
- Asian shares flat as weak China data fuels growth worry (Category: Business)
- Japan Nov. factory output slumps (Category: Business)
- Japan exits recession as quake scars heal; outlook dim (Category: Business)
TOKYO (Reuters): Japan’s official weather bureau said on Friday there are strong signs the El Nino weather phenomenon has emerged and will last until winter, adding to fears about global food supplies already hit by drought and soaring prices. Corn prices have surged more than 60 percent in the past two months as the United ...
- El Nino indicators ease, still expected late 2012 (Category: Business)
- South Asia to receive average monsoon this year (Category: Business)
- El Nino could cut global 2012/13 cocoa output (Category: Business)
- India confirms drought as El Nino looms (Category: Business)
Indian corporate giant GMR’s $500 million Male airport project has run into rough weather, as Maldives government has temporary halted work on a new terminal building and the company has moved an arbitration court in Singapore over development charges. GMR had won the airport contract when government headed by former President Mohamed Nasheed was in ...
- Maldives Govt. vows to implement all deals with foreign companies (Category: Business)
- Singapore’s Changi may buy stake in India airport business (Category: Business)
- Ex-Maldives President says “will be in jail tomorrow” (Category: Business)
- Sri Lanka assures support to new Maldives President (Category: Business)
By Chamitha Kuruppu The Janatha Vimukthi Peramuna (JVP) on Wednesday stated that the time has come for the public to “stand against the irresponsible decisions and unwise acts of the Finance Minister and the Central Bank Governor that leads this country into an economic downfall.” President Mahinda Rajapakse as the Minister of Finance and Central ...
- UNP raises alarm over NSB investment in The Finance (Category: Business)
- JVP breathes fire against 2018 Commonwealth Games bid (Category: Business)
- Illegal money changers in crisis as more transactions move into mainstream (Category: Business)
- Harsha renews call for swift action against NSB-TFC deal makers (Category: Business)
1.Lack of priority for consultative policy planning Education is regulated in this country by a colonial Education Ordinance (1939) and post-independence legislation on higher education culminating in the Universities Act (1978). Various expert policy advisory bodies like the University Grants Commission (UGC) and the National Education Commission (NEC) examined the regulatory framework many...
- Friday Forum calls for red alert on education sector (Category: Business)
- The Long March To Nowhere (Category: Breaking News)
- Treatment of Academia: This govt is the worst in post - colonial Sri Lanka (Category: Breaking News)
- "I dont like to use the term 'student supppression' simply because there is no such thing" (Category: Breaking News)
Reuters: Asian shares rose to a three-month high on Thursday after a drop in Chinese consumer inflation left room for more policy easing to support growth, while Australia’s improving labour market kept the country in better shape without stimulus for now. The new data added to growing but still guarded investor optimism that European policymakers ...
- Credit limit stalemate weighs on Sri Lanka stocks (Category: Business)
- Sri Lankan stocks fall with low turnover (Category: Business)
- Dollar dips on Fed comments, shares firmer (Category: Business)
- Asia shares ease after recent gain, policy bets persist (Category: Business)
Several dual citizens as well as former expats who have settled home recently have expressed concern over the blocking of remittances abroad via Central Bank’s recent rules on NRFC accounts, a move they alleged suggests the country could be facing a forex crisis. In an announcement in mid
- CB directs single Foreign Exchange Earners Account for multiples (Category: Business)
- Rules on forex accounts relaxed (Category: Breaking News)
- Sri Lanka introduces new operational measures for forex transactions (Category: Breaking News)
- Sri Lanka has potential to double foreign remittances to $ 8 b: BOC Chief (Category: Business)
Reuters: Dutch bank and insurer ING is likely to sell its Asian insurance business, worth about $7 billion, in several separate deals in an attempt to get the highest price and speed up the divestment process. The company is also preparing to list its European and U.S. insurance units on stock markets. ING, which got ...
- Bupa reportedly bidding for HSBC’s Asia medical insurance business (Category: Business)
- Tom Cruise yells at people not following COVID guidelines on Mission: Impossible set - CNET (Category: Technology)
- Tom Cruise yells at people not following COVID guidelines on Mission: Impossible set - CNET (Category: Technology)
- Tom Cruise yells at people not following COVID guidelines on Mission: Impossible set - CNET (Category: Technology)
By Martin Roll The last decade has seen cities, islands and countries aggressively branding themselves in order to create a resonating identity among stakeholders and build sustainable lifetime customer relationships. Country branding refers to a process in which a country claims a distinct positioning in the minds of its citizens, global customers and stakeholders. To ...
- Branding Sri Lanka (Category: Business)
- Unilever beats local blue chips in preferred employers’ survey (Category: Business)
By Chamitha Kuruppu UNP Parliamentarian Sujeewa Senasinghe yesterday filed a Fundamental Rights case against the Central Bank Governor at the Supreme Court challenging the prudence of Greek bond investments. Speaking to the Daily FT MP Senasinghe said, “I am seeking an interim injunction for them (the Central Bank) not to invest any more money ...
- Central Bank makes substantial gains in reserve management (Category: Business)
- Sri Lanka central bank defends FX reserve management (Category: Breaking News)
- Senior minister defends Sri Lanka Central Bank's investment in Greek bonds (Category: Breaking News)
- Central Bank defends investment in Greek bonds (Category: Breaking News)
HONG KONG (Reuters): Italian fashion house Prada SpA, which competes with Louis Vuitton and PPRs Gucci, posted a 36.5 per cent jump in first-half revenue, buoyed by strong growth in Asia, with sales driven mainly by its Prada and Miu Miu brands. Revenue for the six months ended in July rose to 1.55 billion euros ...
- Massive increase in sales for Iluka (Category: Western Australia)
- Broken promise on school zones (Category: AU, New South Wales)
- Luxury Stock (Category: Business)
- Council's fine goldmine (Category: Australia, Queensland)
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 ...
- Indian Finance Minister urges officials not to hound taxpayers (Category: Business)
- Surprise industrial slump adds to India’s economic woes (Category: Business)
- India’s growth will be weaker than expected (Category: Business)
- May revise India growth forecast for 2011-12 to 6.5%: Moody’s (Category: Business)
LONDON (Reuters): InterContinental Hotels, the world’s biggest hotelier, cheered investors by promising to return $1 billion to them funded from the planned sale of a New York hotel and added its flagship London Park Lane hotel is set to be next on the block. The British-based group, home to the Crowne Plaza, Holiday Inn as ...
- Style on a budget is key in European hotels battle (Category: Business)
- London puts hotel rooms back on the market (Category: Business)
- InterContinental to launch new brand (Category: Business)
- Kandy Hotels in JV to build 100 room new hotel for Rs. 1.2 b (Category: Business)
The Central Bank is expected to keep interest rates steady for a fourth straight month on Tuesday as a spike in inflation to a 42-month high complicates its efforts to bolster cooling growth. All 11 analysts polled by Reuters expected repurchase and reverse repurchase rates to be left unchanged at 7.75% and 9.75% respectively. Both ...
- Inflation decelerates (Category: Breaking News)
- Sri Lanka Inflation Rate Rises, Leaving Less Room to Hold Rates (Bloomberg) (Category: Breaking News)
- Sri Lanka Keeps Interest Rates Unchanged for Growth (Update2) (Category: Breaking News)
- Sri Lanka Keeps Interest Rates Unchanged for Growth (Update2) (Category: Breaking News)
In Sri Lanka to empower and enlighten Sri Lanka’s business community and budding entrepreneurs, Chair Emeritus and board member of the MIT/Stanford Venture Lab Gigi Wang will host a seminar titled ‘Success drivers of Silicon Valley – venture capital, investment and business opportunities for Sri Lanka’ tomorrow in collaboration with Infotechs Ideas. Speaking to the ...
- Internet pioneer and Silicon Valley insider Gigi to hold top seminar on 8 Aug. (Category: Business)
- Growth Plan for Sri Lanka (Category: Breaking News)
Reuters: Asian shares rallied to a three-month high and the euro touched a one-month high against the dollar on Monday, as a stronger-than-expected U.S. jobs data and emerging optimism for European action on the debt crisis bolstered risk appetite. But caution is likely to remain until concrete
- World stocks off early highs ahead of US jobs (Category: Business)
- Asian shares fall on European political uncertainty (Category: Business)
- Europe woes weigh on shares, euro; US job data eyed (Category: Business)
- Shares, euro dip on Europe; French bond auction eyed (Category: Business)
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