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Reuters: Gold rose to the loftiest level since mid-April on Monday, extending strong gains from last week as expectations for further monetary easing from the US Federal Reserve kept sentiment buoyant. The Fed had room to deliver additional monetary stimulus to stoke economic growth, said the central bank’s chief Ben Bernanke, boosting anticipation for easier ...
- Live: Titans v Bulldogs (Category: Australia, Queensland)
- Life-long hangover (Category: Australia, Queensland)
- Schoolies make their mark (Category: Australia, Queensland)
- Gold to drop in Q1, far from retesting record high: Reuters poll (Category: Business)
Given first half performance, believes several 2012 Roadmap targets will be missed UNP MP and its chief spokesman on the economy Dr. Harsha de Silva yesterday claimed that most of the Central Bank’s 2012 Roadmap targets were likely to be missed, based on below par performance on the external trade front during the first half. ...
- Harsha renews call for swift action against NSB-TFC deal makers (Category: Business)
- Readying for a fight? (Category: Business)
- Central Bank emphatic dollars are coming (Category: Business)
- Imports swell, exports lose steam (Category: Business)
Reuters: Asian shares retreated from a two-week high on Friday as investors scaled back their expectations of strong stimulus from the US Federal Reserve and fretted about economic growth after manufacturing surveys from the euro zone and China depicted a bleak outlook. Senior Fed official James Bullard said US data had been somewhat better since ...
- Asian markets cheered by Fed rate outlook (Category: Business)
- Asian shares up after Fed minutes, China weighs (Category: Business)
- Asian shares extend gains on stimulus hopes, euro capped (Category: Business)
- Stocks firm, dollar languishes after QE3 stimulus (Category: Business)
UNP MP Karu Jayasuriya yesterday warned that the country was heading for ruin by the failure of the Government to address a host of burning public and economic issues. “The path of the government is obvious. If the Government does not get on to the right path, even at this stage, the country will be ...
- Karu says Dayasiri won’t crossover, bemoans crime wave (Category: Business)
- UNP walks out in protest of alleged undemocratic conduct of Govt. (Category: Business)
- Karu J’s broadside on ills of Govt. and pathetic state of democracy (Category: Business)
- Uni non-academics will go on strike again (Category: Breaking News)
CIMA Sri Lanka will hold a half day workshop titled ‘Crisis: mitigate or manage’ by Amar Naseer, Legal Director and Company Secretary at Unilever Pakistan on 28 August from 2p.m. to 5p.m. at the CIMA auditorium. Naseer has Over 20 years of experience in the area of law, systems
- Not Out (Category: Business)
- Overseas Appetite (Category: Business)
- Trade Pact (Category: Business)
- Joint Effort (Category: Business)
Reuters: Forbes magazine ranked German Chancellor Angela Merkel the most powerful woman in the world for the second year in a row in the annual list dominated by politicians, businesswomen and media figures. President of the Indian National Congress Sonia Gandhi Forbes magazine ranked German Chancellor Angela Merkel the most powerful woman in the world ...
- Merkel tops powerful women list, Nooyi, Gandhi in top 10 (Category: Business)
- Hilary Clinton is the world's second most powerful woman (Category: Breaking News)
- Sonia hopes for suitable outcome on Sri Lanka (Category: Breaking News)
- Ailing matriarch Sonia puts Gandhi dynasty at crossroads (Category: Business)
Reuters: China’s factories contracted in August the most in nine months according to a survey showing falling export orders and rising inventories, signs that more policy action is probably needed to stop a slowdown in economic growth now in a seventh quarter. The HSBC Flash China manufacturing purchasing managers index (PMI) fell to 47.8 in ...
- China factory surveys signal economic growth stays soft in Q3 (Category: Business)
- China manufacturing shrinks for 11th month (Category: Business)
- China May factory activity turns down – HSBC Flash PMI (Category: Business)
- China factory sector shrinks most in 32 months (Category: Business)
The Finance Houses Association (FHA) has launched a Code of Ethics for registered finance companies for the benefit of all stakeholders of the industry. FHA said the new Code of Ethics would be a guideline for business operations of member finance companies in terms of customer services, confidentiality of information, legal obligations, employee recruitment, competitive ...
- Ethics Code For Finance Cos. (Category: Breaking News)
- Finance Houses Association elects Kamal as Chairman (Category: Business)
- Challenges in business ethics (Category: Business)
- Leasing Industry Looks To Raise $ 250 Mn. From International Markets (Category: Breaking News)
With apologies to Francis Bacon whose quote is misquoted but not in essence of what he meant. Bacon’s comment that “reading maketh a full man, conference a ready man, and writing an exact man” is to be seriously looked at today in education and in practice where we appear to falter at every step of ...
- First nanotechnology conference kicks off on Friday (Category: Business)
- From science to commercialisation (Category: Business)
- Our own special science park: Going beyond Jurassic Park! (Category: Business)
- First-ever nanotechnology conference kicks off today (Category: Business)
Students at the Open University on Wednesday went on strike against the continued stoppage of work by academics and have appealed to the Government to end the crisis that is locked in a stalemate. Given the massive impact the protest is having on thousands of students and their futures
- FUTA “a shame to university academics”: Colombo VC (Category: Business)
- Govt. closes all universities due to ongoing academics’ strike (Category: Business)
- Uni students on protest (Category: Breaking News)
- Dimmed hope (Category: Business)
Developed economies heading towards a recession The global economy started off the second half of 2012 with a whimper as the latest data confirm that growth is faltering across all regions. Europe is clearly in the midst of an intensifying contraction, US consumers and businesses are pulling back in the face of increasing uncertainty, and ...
- Global aviation’s growth slows again in July: IATA (Category: Business)
- Asia’s factories quieter as exports slip (Category: Business)
- China factory surveys signal economic growth stays soft in Q3 (Category: Business)
- Surprise industrial slump adds to India’s economic woes (Category: Business)
SINGAPORE, (Reuters): Asia’s crude imports from Iran are set to recover in September to levels reached before a July 1 insurance ban by the European Union plunged trade with the Islamic Republic into uncertainty not seen in decades. Top Asian buyers — China, India, Japan and South Korea together take more than half of Iran’s ...
- OPEC crude output surges to 31.4m bpd in March (Category: Business)
- Japan eyes guarantees for ships carrying Iran oil (Category: Business)
- Iran sanctions already hitting oil trade flows: IEA (Category: Business)
- US renews waivers of Iran sanctions for Japan, EU nations (Category: Business)
LONDON (Reuters): Global crude steel production rose in July, reversing direction after a slight fall in June, data from industry body Worldsteel showed on Tuesday, with the sector anticipating a pick-up in demand following the end of the slow summer period. Global output rose by 2% to 130 million tons in July, compared to the ...
- Global steel output sluggish; market outlook weak (Category: Business)
- Steel production down nearly 19% this year (Category: USA, Indiana)
- Great Lakes steel production rose by 8,000 tons last week (Category: USA, Indiana)
- Steel production down nearly 19% this year (Category: USA, Indiana)
What is sales management? Sales management is a business discipline which is focused on the practical application of sales techniques and the management of a firm’s sales operations. It is an important business function as net sales through the sale of products and services and resulting profit drive most commercial business. These are also typically ...
- Get your Key Account Management right (Category: Business)
- Measuring the impact of HR (Category: Business)
- Why unqualified managers are harmful to employees: Part I (Category: Business)
- Challenges of a CEO (Category: Business)
Reuters: Shares rose on Tuesday as investors held on to hopes the European Central Bank can trim borrowing costs and help restore confidence in the euro bloc, even as officials denied a report about the shape of its planned bond buying strategy. But most other assets – from the euro to oil and gold – ...
- Steady State (Category: Business)
- ECB to hold fire on growth steps in crisis-hit Spain (Category: Business)
- Greek exit could cost euro zone 100s of billions of euros (Category: Business)
- Regulator warns banking union could split Europe (Category: Business)
Reuters: The Central Bank believes the rupee can strengthen to around 125 per US Dollar due to high foreign inflows into the economy, the Head of the country’s monetary authority said of Monday. Since April, the Central Bank and Finance Ministry have repeatedly said the rupee should stabilise at around 125 per dollar, given the ...
- CB says no need for FX intervention (Category: Business)
- CB says rupee outlook unchanged from 125 (Category: Business)
- Pressure on rupee to ease on inflows: CB (Category: Business)
- Rupee’s value: Out goes 125; welcome 132 (Category: Business)
By Shanuka Tissera A year to date, since the last annual general meeting of The Planters’ Association of Ceylon, there have been some turbulent changes in the tea, rubber and coconut industries due to the crisis in the Middle-East and EU. The 158th AGM of The Planters’ Association
- Sector report (Category: Business)
- Local tea industry in a fix (Category: Business)
- Forbes and Walker recaps tea industry’s 2011 (Category: Business)
- Tackling tea travails (Category: Business)
Last week I had the opportunity of meeting Hermawan Kartajaya, one of the top 50 gurus who has shaped the world of marketing. His perspective to the changing landscape of marketing and what business must do sure opened my mind set to a new way of thinking business and Sri Lanka’s policy decision making. Hermawan ...
- Storm in Sri Lanka’s teacup: A more pragmatic approach is key (Category: Business)
- Eminent speakers at SLIM International Marketing Conference 2012 tomorrow (Category: Business)
- Honorary Fellow Dr. Hermawan Kartajaya visits SLIM (Category: Business)
- Driving marketing in the boardroom (Category: Business)
Reuters: Asian shares inched lower on Monday, taking a break after investor risk appetite had risen on hopes that Europe’s policymakers will take decisive steps to tackle the euro zone’s debt crisis in coming weeks. MSCI’s broadest index of Asia-Pacific shares outside Japan
- Asian shares at 3-month high after China inflation (Category: Business)
- World stocks off early highs ahead of US jobs (Category: Business)
- Asian shares fall as Spain, contagion worries intensify (Category: Business)
- Asian shares extend losses as weak China PMI aggravates mood (Category: Business)
Reuters: Italian Prime Minister Mario Monti said on Sunday the end of the economic crisis in his country was in sight and that the euro zone must not let the single currency become a source of friction between the north and south in the bloc. Speaking at a conference in Rimini, he said the euro ...
- Mario Monti named to head new Italy government (Category: Business)
- Euro area crisis risks EU sovereign ratings – Moody’s (Category: Business)
- S&P piles pressure on Franco-German budget plan (Category: Business)
- Merkel seen as big loser in euro zone showdown (Category: Business)
ESPNCricinfo: Uthura Rudras could not recover from early setbacks and four consecutive maidens at the start of their innings, as Uva Next chased down a mediocre target with four wickets and five balls to spare. Sachithra Senanayake took three wickets for 16 after Jacob Oram and Umar Gul had gagged the top order with the ...
- Tamim, Kamran overpower Uthura (Category: Sports)
- Uthura crash to fourth straight loss (Category: Sports)
- Kapugedera gem downs Basnahira (Category: Sports)
- Rejuvenated Samaraweera Leads Kandurata To Easy Win Over Uthura (Category: Breaking News)
As long Sri Lanka exports tea as a commodity, the local industry will continue to battle for survival, former Planters' Association of Ceylon Chairman Mahendra Amarasuriya said recently.
Janatha Vimukthi Peramuna (JVP) says the government does not have any proper plan to address the power crisis. JVP parliamentarian Anura Kumara Dissanayake said that government initiated power generation projects have failed and the plants like Kerawalapitiya and Lakvijaya have not been able
- 'Tamils do not want devolution' JVP (Category: Breaking News)
- Sri Lanka Marxist says people's power suspended the pension scheme (Category: Breaking News)
- Sri Lankan government does not have a proper plan to address power crisis - Marxist party (Category: Breaking News)
- JVP for Tunisia style option (Category: Breaking News)
The 12th Annual Conference of The Chartered Institute of Marketing (CIM), Sri Lanka Region ended in grand success, helping Sri Lankan marketers to prepare their best defence to face challenging times. The conference was inaugurated by Attorney General Palitha Fernando on Monday 13 August while the technical sessions were held on Tuesday 14 August 2012 ...
- SLIM delegates shine at Philippines National Marketing Conference (Category: Breaking News)
- Honoured for driving marketing in Sri Lanka (Category: Business)
- CIM Future Marketers Conference 2012 on Saturday (Category: Business)
- mPowered Brand Pavilion at CIM Annual Conference 2012 (Category: Business)
LONDON (Reuters): Inexperienced investors should be aware of the risks in using crowdfunding websites that help small businesses raise money directly from members of the public, Britain’s financial services regulator has warned. Crowdfunding, an idea which originated in the United States, is gaining popularity as investors seek alternatives to volatile markets and low interest rates, ...
- UK’s FSA lacks business know-how says finance industry (Category: Business)
- Inauguration of the Capital Market Information Center at the University of Colombo (Category: Breaking News)
- CISI launches international Combating Financial Crime Qualification (Category: Business)
COPENHAGEN (Reuters): Shipping and oil group A.P. Moller-Maersk raised guidance for 2012 earnings last week on prospects of a further recovery in container freight rates after its Maersk Line swung back to profit in the second quarter. The global shipping industry has been hit by weak demand due to the world economic slowdown and an ...
- Maersk still sees 2012 loss in container shipping (Category: Business)
- Maersk sees 3% drop in Asia-Europe volumes (Category: Business)
- Maersk cuts shipping view as container growth slows (Category: Business)
- Maersk sees further squeeze from overcapacity (Category: Business)
VIENNA/HELSINKI (Reuters): Smaller euro zone countries that have retained top credit ratings through the region’s crisis squabbled on Friday over whether struggling nations like Greece that threaten the currency union’s stability should be kicked out. Top Austrian and Finnish
- Global stocks retreat after Swiss move; euro jumps (Category: Business)
- S&P piles pressure on Franco-German budget plan (Category: Business)
- Greeks seek better terms after Spanish rescue (Category: Business)
- German FM: Greece needs sustainable debt by 2020 (Category: Business)
Inflation, hyper inflation and chronic inflation Inflation, as understood by the unsuspecting citizen, is the rising cost of prices over a period of time. This interpretation is far from satisfactory. It is high time people were educated as to the real causes of inflation. Dissecting the inflationary causes would be a difficult task for an ...
- ‘Divi Neguma’ Dept: Development catalyst, dependency creator or a white elephant? (Category: Business)
- Taming the ‘monsters’ (Category: Business)
- From poverty to sustainability in Sri Lanka (Category: Business)
- Misplaced Aspirations, The Elite And The Poor (Category: Breaking News)
WASHINGTON (Reuters): A trend measure of Americans signing up for new jobless benefits fell close to a four-year low last week, but weakness in a regional factory gauge showed US recovery still faces an uphill climb. Other data on Thursday gave mixed signals about the strength of an incipient housing recovery, with groundbreaking on new ...
- Asian shares edge higher, investors seek stimulus clues (Category: Business)
- India’s food inflation at 8.84% (Category: Business)
- Anxious global investors look for calm (Category: Business)
- Asian shares inch up but growth worries lurk (Category: Business)
Disruption to food production, due to adverse weather conditions in USA, China, Russia and India could contribute to a spike in world food prices. Due to its direct exposure to global supply disruptions, Sri Lanka could be adversely affected, warns Sri Lankaandrsquo;s economic think tank andndash; Pathfinder andndash; in its latest andlsquo;economic flash.andrsquo;
- Lawmakers take up issue of genetically-altered foods (Category: USA, Washington)
- Tucson Originals holding food drive at its restaurants (Category: USA, Arizona)
- Lithonia Food Thief Strikes Same Homeowner 4 Times (Category: USA, Georgia)
- How long can someone survive in the cold without food? (Category: Technology)
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