Riding the wave
PIMA holds forum to take a closer look at the Sri Lankan stock market performance
An informative business chat, the second in a series organised by the Postgraduate Institute of Management Alumni (PIM Alumni) was held at the conference room of the Jaic Hilton on 16 March.
Rajaratnam brother removed Galleon records – Filings
Reuters: A former Galleon Group trader contends he saw a brother of accused hedge fund founder Raj Rajaratnam remove notebooks from their office on the day of Rajaratnam’s October 2009 arrest, according to trial documents.
SANASA Development Bank join hands with Commercial Bank to share ATM services
SANASA Development Bank Ltd. (SDBL) recently signed an agreement with Commercial Bank of Ceylon PLC to share its ATM network. Presently the Commercial Bank has as ATM network of over 400.
IFC gives US$ 5 million for Union Bank to boost trade opportunities for Lanka biz
IFC, a member of the World Bank Group, will provide a $ 5 million trade-finance facility to the Union Bank of Colombo Limited to help boost international trade opportunities for the bank and its small-business and corporate-sector clients.
Know to manage your portfolios?
CIMA Sri Lanka Division has announced an evening workshop titled ‘Manage your Personal Portfolios’. This workshop is a follow up of a CIMA Business Brief held earlier this year which was patronised by many business leaders.
Raymond Bickson new Chairman of Taj Lanka Hotels
Raymond Bickson has been appointed as the Chairman of Taj Lanka Hotels Plc.
Bickson is the Managing Director and CEO of The Indian Hotels Company Ltd., (IHCL), a division of India’s Tata Group with responsibility for all Taj Hotels operations and management, hospitality and travel subsidiary companies.
Lenovo launches Apple iPad rival LePad
Beijing (PTI): Chinese computer-maker Lenovo Group, the fourth largest vendor of computers worldwide, has launched its new tablet computer LePad to take on Apple’s iPad and plans to launch two or three more new tablet computers later this year.
Asia Pacific set to rise
Asia Pacific is stepping into a moderate growth pattern this year following the twofold economic rebound of a scalding crisis in 2010. Prospects outline a healthy growth with both external and domestic pressures driving the countries forward, Managing Director of Standard & Poor’s Singapore Surinder Kathpalia said yesterday.
Jobs, inflation bigger India worries than corruption – Mobius
Reuters) – Veteran emerging markets investor Mark Mobius cited unemployment, inflation and water as key concerns for India but downplayed worries about corruption, which has spooked many investors in the country.
Sri Lanka becomes coveted tourist spot
Times of India, COIMBATORE: With the end of the ethnic war in Sri Lanka, more Indian tourists are visiting Colombo. Tamils in the city too are flocking there to explore its scenic locales. Sri Lanka is fast becoming a preferred destination for residents as it is just next door and is easy on the pocket.
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