UNP calls for Select Committee to probe Mattala mob attack on MPs
By Ashwin Hemmathagama Our Lobby Correspondent Opposition lawmakers yesterday focused the attention of...
Sri Lanka ready for Rs. 500 m global youth forum
147 countries confirmed, 1,500 delegates expected Govt. dismisses any effect from pending UN probe, says...
Not politics but poor demand led to cancellation of Harsha’s talk
In response to the Daily FT article titled ‘Harsha’s talk at Ceylon Chamber Forum politically axed?’...
HR guru Prof. Dave Ulrich in Colombo on 30 April
Professor Dave Ulrich, the foremost HR thought leader, will briefly visit Sri Lanka on 30 April en route...
CPC defying sanctions against Iran?
Oil trade is abuzz with speculation that CPC is yet again trying to purchase Iranian crude at the risk...
Sri Lanka IT/BPM achievements shortlisted for European Outsourcing Award
Hot on the heels of its recent outstanding achievement of having been selected as the Offshoring Destination...
SriLankan Airlines to add OnAir GSM and WiFi to inflight experience
SriLankan Airlines has signed up for OnAir’s inflight mobile phone and Wi-Fi services. By autumn, people...
Rs. 1 b maiden debenture issue of Hemas oversubscribed
Hemas Holdings PLC’s five year listed unsecured redeemable debenture issue rated A+(lka) by Fitch Ratings...
President orders setting up special Police unit to deal with attacks on religious activities
President Mahinda Rajapaksa has ordered the setting up of a special Police unit to deal with complaints...
Prof. Peiris briefs diplomats on Government action against terrorist funding
A comprehensive briefing was provided for Ambassadors and High Commissioners accredited to Sri Lanka,...
Navy receives first Australia-gifted patrol boat
The first patrol boat gifted to the Sri Lanka Navy by Australia arrived at the Port of Colombo on 24...
Parliamentary delegation of Pakistan’s Baluchistan Province visits Sri Lanka
The parliamentary delegation of Balochistan Provincial Assembly of Pakistan, headed by Speaker Mir Jan...
Friday Forum calls for public discussion on role and responsibility of Parliamentary Opposition
The Friday Forum has called for a public discussion on the role and responsibility of the Parliamentary...
Obama reassures Japan, other allies on China ahead of visit
REUTERS: US President Barack Obama has said Washington welcomes China’s rise but that engagement with...
China is a driver, not a drag, for US earnings in first qtr
Reuters: Economic growth may be slowing in China, and fears of a credit crunch there may be rife, but...
Gold hovers near 2-1/2 month lows
REUTERS: Gold was steady but near its lowest in more than two months on Wednesday, with stronger equities...
US vows more sanctions on Russia unless tensions ease in Ukraine
REUTERS: US Secretary of State John Kerry told Russian Foreign Minister Sergei Lavrov in a telephone...
Thai court gives PM time to defend herself; economy rudderless
REUTERS: Thailand’s Constitutional Court on Wednesday gave Prime Minister Yingluck Shinawatra until...
• SLT inks $ 415 m ICT investment deal with BOI
Latest move gets flagship status for SLT from BOI Sri Lanka Telecom (SLT), the flagship national ICT solutions provider and premier broadband services and backbone infrastructure operator, announced yesterday that the company has received flagship status from the Board of Investment (BOI) after committing a total investment of $ 415.44 million to undertake telecommunication, information [...]
Opposition protests casinos as controversial bill taken up in Parliament
The main Opposition yesterday staged a protest outside the proposed site for three casino investment valued at over $ 1 billion as Parliament prepared to pass controversial legislation legalising gambling. The three projects are a $ 350 million casino project by Australian casino mogul James Packer, a $ 300 million gaming facility by local tycoon [...]
අvurudu අsiriya
By Cheranka Mendis Despite the sunny smile of the Sun Gods being replaced with the blessings of the rain, the Sinhala Tamil New Year is just around the corner. The spitting and crackling of the hot oil coming from the kitchen is a welcoming change as the women busy themselves in front of the hearth, [...]
• Steaks and Kebabs: Best chops in the south • Brandix rewards commendable voluntary service of associates • A serendipitous discovery • Caviar weds oysters at The Kingsbury • The Palms Beruwala joins Earth Hour • Calling all coffee lovers!
Fighting disasters
SRI Lanka has become the first country in South Asia to access an innovative form of World Bank financing that provides immediate payouts after a major catastrophe such as a tsunami, cyclone or flood. But it is just the first step in reducing losses during natural disasters. Approved by the World Bank’s Board of Executive [...]
• A 10 start • World Earth Day • Plastic politics • A sign of the times?
Co-opetition
The joint initiative of Dialog and Etisalat for the mobile money platform is a classic example of co-opetition – whereby conventional competitors, motivated by their consumer needs and commercial synergies, decide to co-operate while still competing on other fronts. (Coincidentally this was highlighted in my previous column on the learnings from the Royal Thomian!) Contrast [...]
• What can businesses learn from the Royal-Thomian? • Marketing vs. finance – an irrelevant debate • Is cricket a sport or business?
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