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of Management Accountants (CIMA) and the Daily FT. […] The post Cargills recognised among the top 10...
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The Sri Lanka Vehicle Importers Association completed a week-long tour to Myanmar and returned this week after setting up formal arrangements to open up a business venture with Myanmar. President Sampath Merenchige told the Daily FT that the tour was a success. During the visit they met Ministers
With the rejection of the Cabinet decision proposed to resolve the problem of university academics, the issue seems to be dragging without a settlement. The lecturers’ main demands are a salary increase, increase in Government funding of the education system to 6% of GDP (Gross Domestic Product), end to political interference in education, and establishment ...
The sale of global giant Aviva’s Sri Lankan operations to Asian giant AIA had been signed yesterday in Colombo whilst a formal announcement is expected today as reported by the Daily FT on Tuesday. AIA is a market leader in the Asia Pacific region (ex-Japan) based on life insurance premiums
Global giant Standard Chartered Bank tips Sri Lanka’s economic growth to rebound in 2013, after contracting this year from 2011. It is forecasting economy to grow by 7.5% in 2013 and by 7.7% in 2014 from 6.8% this year. However, forecasts for the next two years are lower in comparison to record 8.3% growth achieved ...
it to Daily FT’s article yesterday, which said ...
By Cheranka Mendis Leading engineering and construction company from Singapore Fonda Global Engineering Lanka (Pvt) Ltd. yesterday agreed to invest US$ 1.5-3 million in a training and testing centre for construction skill workers in Katunayake as per the guidelines of the Singapore Government. The centre will be known as the Overseas Testing and Training Centre ...
Investors reacted positively to Cargills (Ceylon) Plc’s last week’s announcement of its tie-up with world famous restaurant chain TGI Friday’s, with the former’s share price gaining by 2% or Rs. 2.90 to Rs. 158.90 after hitting an intra-day high of Rs. 159. The counter saw 8.501 shares traded between a high of Rs. 159 and ...
The share price of Aviva NDB Insurance Plc yesterday soared to a record high as investors took speculative positions on the impending sale of its control. The company’s stock price hit an all time high of Rs. 448.90 during the day before settling down at Rs. 436.60, up by a whopping Rs. 67 or 18% ...
UNP MP Dr. Harsha de Silva yesterday decried the serious slip in good governance and effectiveness at the Securities and Exchange Commission (SEC), saying the stench was unbearable. With reference to Daily FT article on SEC’s decision to send letters of assurance to 50 investors
By Rashika Fazali Dubstep is a growing music genre. It’s best described by a well-known website, AllMusic as: “Tightly coiled productions with overwhelming bass lines and reverberant drum patterns, clipped samples, and occasional vocals.” If absorbing this piece of musical information was hard, try dancing to this music. You will be puzzled but for these ...
The Opposition yesterday charged in Parliament that the Government was deliberately evading questions on the Employees Provident Fund (EPF) due to “shady investments” after the issue was postponed for a fifth time. United National Party (UNP) MP Dr. Harsha de Silva told the Daily FT
The Unit Trust Association (UTA) is to present a proposal to the Securities and Exchange Commission (SEC) on increasing awareness of their industry to attract retail investors to the stock exchange. UTA President P. Asokan told Daily FT that the decision was taken at a meeting held with SEC
By Cheranka Mendis The Sri Lanka Tourism Development Authority (SLTDA) is offering 2717.243 acres of land and 415.7 acres of water body in six selected areas for eco-friendly beach, wildlife and waterfront developments. Located in Kalpitiya, Kuchc-haveli, Bentota, Pasikudah, Dedduwa and Yala, all land offered will be given on a long-term 99-year lease upon payment ...
The unprecedented drought over the past few months due to the long delay of the south-west monsoon affected the entire country, resulting in withered paddy-fields to farmers; chicken farmers forced to slaughter animals due to water scarcity, soaring vegetable prices for housewives, and power cuts for everyone. The effects of the drought, the victims and ...
Minister of Justice and SLMC Leader Rauff Hakeem reads the Daily FT last week’s political column at the corporate lawyers’ silver jubilee celebrations at the Cinnamon Lakeside Hotel, Colombo, while participating as the Chief Guest on Thursday, 13 September – Pic courtesy Justice
Houses 400 stalls, 40 international publishers to a expected million peopleBy Cheranka Mendis For Sri Lanka there is no better time to read than now. With Colombo International Book Fair (CIBF) opening its doors yesterday for a nine day journey, it is the time of the year to battle your way through the masses gathered ...
Houses 400 stalls, 40 international publishers to a expected million people By Cheranka Mendis For Sri Lanka there is no better time to read than now. With Colombo International Book Fair (CIBF) opening its doors yesterday for a nine day journey, it is the time of the year to battle your way through the masses ...
In response to the news story titled ‘Sri Lanka flights to Rome and Milan’ published in the Daily FT yesterday, SriLankan Airlines clarified that it is yet to join the oneworld alliance. “SriLankan is expected to join the oneworld alliance