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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 ...
Reuters: China’s factories took a hit in May as export orders fell sharply, a private sector survey showed on Thursday, suggesting surprise weakness in April’s hard economic data persists even as policymakers seek to shore up growth. The HSBC Flash Purchasing Managers Index, the earliest indicator of China’s industrial activity, retreated to 48.7 in May ...
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 ...
DFCC Bank announced the appointment of Trevine Fernandopulle as the bank’s Executive Vice President and Group Chief Risk Officer. Prior to joining DFCC Bank, Fernandopulle worked at Bank of Ceylon as its Chief Risk Officer and has also served in senior roles at HSBC, functioning as its Deputy CEO and as the Saudi British Bank’s ...
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 ...
-Uloom Karachi (a leading Institute of Islamic Sciences in Pakistan) and the Centre of Islamic Economics, ...
INSEAD, the leading international business school, has partnered with leading TMT advisory and investment firm Delta Partners to release a joint white paper that defines core emerging markets, growth drivers as well as opportunities and challenges in the global telecommunications industry. At a time when Facebook is getting ready to IPO, its focus on emerging ...
Universities and colleges are spending millions of pounds to navigate the government’s “Kafkaesque” new student visa rules, a committee of MPs has been told. An institution such as the London School of Economics spends £250,000 a year trying to understand regulations
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 ...
Dr. Nitin Pangarkar, author of ‘High performance companies: successful strategies from the world’s top achievers’ will lead a CIMA Business Brief titled ‘Secrets of high performance companies’. This talk will discuss some of the key ideas from the book. Starting with the need for a book for a simpler treatment of strategy (principle or rules-of-thumb ...
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 ...
The International Air Transport Association (IATA) last week announced global traffic results for March showing that total passenger demand rose 7.6% and freight demand climbed 0.3% compared to the same month last year. Comparisons with March last year are affected by events that depressed passenger demand in 2011, including the Arab Spring, which disrupted travel ...
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 ...
LONDON (Reuters): Extra crude from Iraq and Saudi Arabia has helped cover for tighter sanctions on Iran, whose own oil output has hit the lowest in two decades, and OPEC’s April output is its highest since 2008, a Reuters survey found on Monday. A long-awaited expansion in Iraq’s oil export capacity and steadily climbing output ...
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 ...
In the category most innovative junior scientist, Dr. Tobias Reggelin was honored for his innovation in the field of logistics flow modeling. His new system represents the simulation of logistics flow processes being suitable for use not only in planning but also throughout the operating phase, e.g. when managing ad-hoc changes. For the fourth time, ...
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 ...
Mr. W.A. Wijewardena’s article about growth and kevum leaves much to be desired. It is obviously an attempt to distract people from the proper calculation of GDP per capita income. It is highly unbecoming of a former Deputy Governor of the Central Bank to write such material. It is also sad to see Mr. Wijewardena ...
The International Air Transport Association (IATA) last week called upon governments to work together and with the aviation industry to maximise aviation’s ability to sustainably drive global economic development and job creation. “Governments and industry share a common interest in aviation’s success. Aviation is a business and a driver of economic and social development that .....
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 ...
SINGAPORE (Reuters): Asia’s economic growth probably troughed in the first quarter but a bounce-back may be muted, a Reuters poll showed. Although the fear factor has faded over Europe’s debt crisis and a slowing U.S. economy, both will still be a drag on growth rates in the region. Respondents in a quarterly survey of over ...
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 ...
REUTERS: Billionaire George Soros warned on Monday that the euro crisis is growing deeper, tearing at the fabric of European Union cohesion, because policymakers are prescribing the wrong remedies. “I’m afraid that the euro crisis is getting worse. It’s not over yet, and it is going in the wrong direction,” Soros said in discussion with ...