Local firms borrow $ 197 m from abroad
Central Bank revealed yesterday that 14 private companies have obtained foreign loans amounting to $ 197 million as at mid-September.This was following the exchange control relaxations effected by the Central Bank in November 2010.
Recovery next year for world stocks after dire 2011 – poll
LONDON(Reuters): World stock markets will recover next year from a nightmarish 2011 that has wiped trillions of dollars off share prices, according to a Reuters poll that showed almost all major stock indexes ending 2011 in the red.
SEC Chief, DG on Sunday Rupavahini
The Securities and Exchange Commission of Sri Lanka (SEC) in association with the Sri Lanka Rupavahini Corporation telecasts a live one-hour television series in Sinhala titled ‘Prathilabha’ on the capital market on Sunday mornings at 10 a.m.
Ace play on ASCOT, Asian Alliance triggers regulatory check
Hectic trading on and sharp rise in share prices of Asian Cotton Mills and Asian Alliance Insurance yesterday dominated the Colombo Bourse triggering regulatory action.
From green revolution to gene revolution
By Cassandra Mascarenhas
For the first time in Sri Lanka, the US Embassy and Sri Lankan Government agencies collaborated to organize an event on biotechnology, based on the theme ‘From green revolution to gene revolution – are we on the right track?’ The two day event which commenced yesterday will feature a line-up of distinguished guest speakers, both local and international, and has brought together both scientists and regulators together to discuss the possibility of implementing biotechnology to address key issues in local agriculture including productivity, arbitrary use of chemicals and the effects of climate change.
Sri Lanka’s promising Peace Collection boosted by UNESCO backing
The Sri Lanka Peace Collection project has been boosted by backing from UNESCO. “The promising Peace Collection project is now strengthened by support and facilitation from UNESCO” announced Rishad Bathiudeen, Minister of Industry and Commerce of Sri Lanka on 22 September.
Economic Association annual sessions to focus on national economic goals midst global challenges
The 2011 Annual Sessions of the Sri Lanka Economic Association (SLEA) slated for 14 and 15 October will focus on the theme ‘Achieving National Economic Goals in the midst of Global Challenges’.
The Inaugural Session on Friday 14 October (4 to 7 p.m.) will be followed by the Theme Seminar on the following day, Saturday 15 October (9 a.m.to 6 p.m.). The Sessions will be inaugurated by Dr. Sarath Amunugama, Senior Minister of International Monetary Cooperation, while Dr. Koshy Mathai, IMF Resident Representative for Sri Lanka and Maldives, will be the Keynote Speaker.
Singer unveils Korean tech-backed side-by-side refrigerators
Singer Sri Lanka this week announced the launch of its Side-by-Side refrigerator for Sri Lankan consumers. The launch coincides with Singer’s 160 year of operations and is testament to the company’s reputation of always striving to meet its customers’ ever-changing needs.
EDEX Expo 2012 returns for ninth outing
Sri Lanka’s premier higher education and careers expo is back for its ninth consecutive year, and its largest showing ever. Edex Expo 2012, once again organised by the Royal College Union, will be the largest showcase of higher education, vocational training and skills development options to date, with the greatest participation of foreign and local education providers.
Designing an effective rewards programme
Very often at seminars senior executives ask me to explain the key steps involved in designing an effective reward and recognition programme that can attract, retain and motivate the key talent in a business.
Attracting
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