Last Updated : 24-09-2014 03:13

 
 

Business

WTC Colombo Signs MoU with WTC Quanzhou, China

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The World Trade Center Colombo and the World Trade Center Quanzhou, China entered a Memorandum of Understanding (MoU) to strengthen bilateral trade facilitation and understanding between the two regions at the WTC Colombo recently.

Confectioners cry foul at govt. tax policy

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Sri Lanka’s confectionary manufacturers charged the government that the existing tax policy is virtually killing the local industry and as a result,...

Space for review of critical national issues

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Early Monday 22nd September morning, a business leader rings and states “Wow! Now there is light at the end of the tunnel”.

Anti-dumping and countervailing measures vital for Sri Lanka

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It is very important to implement anti-dumping regulations  in Sri Lanka. In other words, a common mechanism to protect our domestic industry from...

Central Banks catch the renminbi fever

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Adopted at pace by central banks around the world, China’s renminbi (RMB) is now seen by many as a de facto reserve currency – and well underway to...

For the first time in Sri Lanka Bone Marrow Transplant Surgery

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Bone Marrow is responsible for many vital tasks in the human body.  Though a wide range of treatments exist to treat various ailments in the bone marrow, the only reliable method to completely cure bone marrow related illness is the bone marrow transplant surgery. Until now, this surgery was not available in Sri Lanka. Now, Nawaloka Hospital, one of the leaders in the private hospital industry, has initiated a novel program in the Sri Lankan health Industry; for the first time, bone marrow transplant surgery will be available in Sri Lanka.

Govt. urged to create predictable biz climate

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The International Monetary Fund (IMF) has urged the Sri Lankan government to maintain a predictable business environment which in return will assist the country...

Transformational leader will develop collaborative interpersonal relationships

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That good relationships among team members should have an apparently positive impact on team performance makes sense.

Are you ready to earn from a growing equity market?

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The performance of the Colombo Stock Exchange (CSE) has been remarkable during the current year.

Eight Young Sri Lankans to represent Sri Lanka at Spikes Asia 2014

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Wednesday 17th September 2014, Colombo: Six young professionals and two young students from Sri Lanka’s advertising industry, have been selected to represent the country at the annual Young Spikes competition which will take place at the Spikes Asia Festival 2014  in Singapore from 23 to 26 September 2014.

TOUCHWOOD CASE : Motion filed to obtain asset details from ex-directors

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The petitioner in the Touchwood winding up case yesterday filed a motion to summon all former directors of the company in order to obtain details about company assets.

What is a gender audit and how can we benefit from it?

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From the first time a groundbreaking gender audit was outlined in the Australian Parliament in 1983 to its adaptation by over 40 countries later on, a gender audit has strived to measure the impact national policy has on women.

Latest survey reveals interesting facts about country’s rich & poor

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In an interesting revelation, the latest Household Income and Expenditure Survey (HIES) showed Sri Lanka’s poorest 20 percent households live on a monthly income of Rs.10, 245 while the richest 20 percent receive a monthly income of Rs.121, 368.

July trade gap widens 55%; fuel imports spoil positive trend

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Reversing the nine-month trend, Sri Lanka’s trade deficit widened by 55.2 percent to US $ 891 million in July 2014 from a year ago, due to rise in fuel imports as the country imported more of refined oil instead of crude oil.

Mihin Lanka hosts commercial conference and felicitates agents at an evening of cocktails

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Mihin Lanka recently hosted a Commercial Conference and an evening of cocktails for Agents at the Galadari, Colombo. Both events were graced by the Chairman of Mihin Lanka, Nishantha Ranatunga, and the Senior Mangement Team.

Commissioning of Lower Kotmale Hydro Power Plant Financed by Amãna Bank

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A ceremony was held at the Corporate Office of Amãna Bank with the attendance of key officials from the Bank and Vidullanka PLC in order mark the successful completion and commissioning of the Lower Kotmale Hydro Power Plant project.

Sri Lanka–Israel trade surges 178% since trade pact

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As Sri Lanka’s bilateral trade with the Holy Land surged by 178 percent since 2007, Sri Lanka has signalled even closer B2B links with the historic State.

Higher capital needs to trim future banking returns

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As a result of the stricter and higher equity Tier I capital requirements demanded by the forthcoming BASEL III rules,...

Did we learn anything from ALS Ice Bucket Challenge?

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It was all for a good cause but the ALS Ice Bucket Challenge came, conquered and left the rest of us feeling vanquished with the speed,...

Sri Lanka’s potential to become a regional exchange

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sri Laka’s neutrality in the politically divided Souh Asian (SA) region and impending reforms in the country’s financial sector will unleash Sri Lanka’s potential...

Banks will require more capital from govt:Deloitte

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State coffers will have to inject billions of rupees to state-owned banks in ensuing 5-years to meet the increased capital requirements under BASEL...

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Ruwan resigns from NYF
Bank Union voices woes
Video: Tree falls on injuring three
Harin breaks record
Ruwan resigns from NYF
Bank Union voices woes
Video: Tree falls on injuring three
Harin breaks record