TODAY'S FRONT PAGE
Hayleys records highest-ever pre-tax profit of Rs. 5 b
Group turnover up 13% 74.3 b Three keysectors Hand Protection, Purification Products and Transportation...
Read more.... Add new commentNepal’s first Forbes dollar billionaire to expand investments in Sri Lanka
Binod Chaudhary has an estimated US$ 200 m invested in Sri Lanka Has submitted a 75 m proposal to Govt....
Read more.... Add new commentSenior Director Tanky quits HNB Board
HNB announced yesterday that N.G. (Tanky) Wickremeratne has resigned from the Board of Directors with...
Read more.... Add new commentFitch affirms HNB at ‘AA-’
Fitch Ratings has affirmed Hatton National Bank PLC’s (HNB) National Long-term rating at ‘AA-(lka)’....
Read more.... Add new commentHNB’s Rs. 4 b debenture issue opens 6 June
HNB’s Rs. 4 billion listed debenture issue will have its official opening on 6 June whilst the...
Read more.... Add new commentChina, India to be world’s two biggest investors by 2030: World Bank
WASHINGTON (Reuters): The percentage of global investment that goes to developing countries should triple...
Read more.... Add new commentSri Lanka to host CILT’s Global Convention in June 2013
The Chartered Institute of Logistics and Transport (CILT) annual convention and conference, generally...
Read more.... Add new commentPEOI: New Year uptick of optimism gone
The Perceived Economic Opportunity Index (PEOI) lost the welcome uptick in optimism in anticipation of...
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FTZ workers protest against electricity hike
Hundreds of workers at the Katunayake Free Trade Zone yesterday staged a protest against the sharp rise...
Read more.... Add new commentRanil says Govt. afraid of today’s strike
The UNP said yesterday that the Government feared today’s massive strike against the electricity...
Read more.... Add new commentSamina; Pakistan’s first woman to scale Mount Everest
Samina Baig (21) completed the climb with her brother Mirza Ali (29) who becomes the third and youngest...
Read more.... Add new commentNorway shocked by Lankan Court ruling
Colombo Gazette: The Norwegian Foreign Ministry says it is unable to understand the court ruling that...
Read more.... Add new commentTID ASP remanded
By Lakmal Sooriyagoda A retired Assistant Superintendent of Police attached to the Terrorist Investigation...
Read more.... Add new comment More NewsINTERNATIONAL/ASIA
Asian shares rise, Yen edges up
SINGAPORE (Reuters): The Yen edged higher on Monday after Japan’s Economics Minister said further...
Read more.... Add new commentPakistan holds news conference to say can’t end power blackouts
ISLAMABAD (Reuters): Two Pakistani ministers in charge of water and power explained what can be done...
Read more.... Add new commentChina offers India a ‘handshake across the Himalayas’
NEW DELHI (Reuters): India and China will study new ways to ease tensions along their ill-defined border,...
Read more.... Add new commentEvidence mounts on slower U.S. economic growth
Reuters: The U.S. economy showed fresh signs of slower growth in the second quarter, with factory...
Read more.... Add new commentIndia’s main opposition wants discussion on trade with Chinese Premier
NEW DELHI, India: India’s main opposition, the Bharatiya Janata Party (BJP) demanded from the federal...
Read more.... Add new comment More articlesJKH soars to a $ 2 b company; market cap tops 10% mark
Premier blue chip John Keells Holdings Plc’s (JKH) recent meteoric rise reached a climax yesterday when its market value crossed the $ 2 billion mark, thereby surpassing the 10% share of the CSE’s total.
Read more.... One commentA man walks along Galle Face green on a rainy day…
A man walks along Galle Face green on a rainy day in Colombo 20 May, 2013. REUTERS/Dinuka Liyanawatte
Read more.... Add new commentBUSINESS NEWS
• Minister Amunugama meets Mitsubishi Corporation Vice President • Sunil appointed as Chairman at Watawala Plantations • Special event for businesses to mark International Day for Biological Diversity • Sri Lanka Business and Biodiversity Platform launches website • CIMA Business Leader’s Summit unveils true face of leadership More articlesFINANCIAL SERVICES
• Mercantile Investment and Finance’s Rs. 1 b listed debentures assigned BBB+/P2 • Secondary markets stagnant ahead of weekly Treasury bill auction • The Finance unveils modernised Matara Branch • Commercial Bank felicitated as an exemplary corporate citizen by Colombo Municipal Council • American Express ties up with Anything.lk to give Cardmembers additional savings More articlesMANAGEMENT
• Hemas Holdings Plc: Challenging the norm : A study in change management • Nolimit Ratnapura wins Taiki Akimoto 5S award • CA Sri Lanka, GIZ to strengthen SMEs and SMPs • Hayleys Group’s Sunil to speak at Intl. HRM congress USA • CA Sri Lanka’s introduces Cambridge Financial English qualification More articlesSHIPPING/AVIATION
• 14% of UAE GDP comes from logistics • Sea level rise • Maersk seeks to double shipping rates in fragile market • SLFFA, SLFFA Cargo Services, CCN to develop e-airfreight in Sri Lanka • Dredging operation at KKS harbour completed More articlesMOTOR
• McLarens introduces Mobil Delvac MX ESP 15W-40 diesel engine oil to local market • PLC approves financing for new Ashok Leyland Dost • New Porsche Panamera, Sri Lanka’s first plug-in hybrid drive in luxury class • CEAT drives in to cyberspace with new website • Tokyo Cement’s new frontier: First local cement company to offer products online More articlesIT/TELECOM
• ICTA’s ‘e-diriya’ IT Centre opens in Kegalle • M.D. Gunasena introduces ‘Book Hub Reader’ together with Microimage and Etisalat • Yahoo buying Tumblr for $1.1 b • HP unveils breakthrough Inkjet innovation • Cyber experts fear escalation of attacks More articlesMARKETING
• BBDO adjudged Asia’s most effective for marketing • Bates to explore ‘The Power of Social Media’ • Young Lions Marketer Competition; Cannes Advertising Festival 2013 • Indian prowess: Ogilvy India bags Silver; Lowe bags two Bronzes, BBDO brings back one • Strategy College MSc in Strategic Marketing students graduate in Malaysia More articlesLEADERSHIP
• Why Lankan companies are not world class • Dine like a Maharaja • Turbulent times for India’s “King of Good Times” • Leading by example • Former Inland Revenue Chief joins Nation Lanka Finance board More articlesOTHER SECTORS
• Surgeon Ekanayake’s new wildlife book launch and exhibition • 2013 Intl. Antarctic Expedition: An experience of a lifetime • Industry experts partner Cinnamon Junior City Naturalist Award Program • Inventor par excellence • Expo Freight bags ‘Logistics Company of the Year’ award • Logiventures expands operations in H’tota • Improved South-South East Asia connectivity key to boosting trade, rebalancing economy • Japan has always been our friend, asserts Karannagoda More articles
Seaspan Ship Management annual Officers’ Forum and Dinner
Seaspan Ship Management Ltd. held its annual Officers’ Forum and Dinner at The Kingsbury Hotel’s The Balmoral recently
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Sriyantha, Kanchana, Ananda, ‘Dhawala Kadulla’ the best
The ninth Raigam Tele Awards ceremony was held at Waters Edge last Friday amidst a distinguished gathering including glittering stars of the small screen. Veteran artistes Sriyantha Mendis and Kanchana Mendis walked away with awards for the Best Actor and Best Actress while seasoned campaigner Ananda Abeynayake was adjudged the Best Director both in the [...]
Read more.... Add new comment• Sriyantha, Kanchana, Ananda, ‘Dhawala Kadulla’ the best • Methodist College Choir hits a high note! • Indian cinema on a mission at Cannes to dispel Bollywood image • Justin Bieber, Taylor Swift big winners at Billboard Awards • Alliance Française de Kotte presents ‘Céline and Julie go boating’
A rough deal
FIRST it was milk powder, then sugar and now even allegations of rotted animal parts in soda bottles. Monitoring of food products both into and out of Sri Lanka clearly need to be upgraded on a sustained timeframe to protect consumers and ensure quality.
• A rough deal • Beyond the veil • North polls dissected • Sri Lanka’s vision of urban development More articles
‘Fixing’ the IPL?
Some ‘pundits’ have called for a ban of the IPL because of the recent match fixing. This is like banning the stock markets because of insider trading. In any industry that attracts this kind of money, you have to statistically expect such deviances. The answer lies in effective policing and punishments for the punters and players, which has India [...]
• ‘Fixing’ the IPL? • Marketing should be more accountable • Dilemma of Bangladesh’s apparel industry More articlesTODAY'S COLUMNISTS
SL’s tea industry needs market-driven policies
Sri Lanka’s tea industry generates over a one-and-a-half billion dollars in revenue to Sri Lanka, whilst provides almost a million jobs to the economy today. In my view, with some cutting-edge decision making in the past, Sri Lanka has earned the respect to be a model to the world across the value chain – from [...]
Six myths of the Opposition
Erroneous political thinking and analysis obscure and obstruct the path of the political recovery of the Opposition in Sri Lanka. They can be disaggregated into six myths:
Royal Mayhem
By Arthur Fernandez Rugby was in the limelight not for the quality of the rugby on display, but for various reasons, such as transgression, referee abuse and other controversial issues. I am a firm believer that when things go against you, one needs to comply and then complain.
Sri Lanka has to do a lot to improve its fiduciary risk management
Fiduciary risk: Failure to handle others’ money properly When someone handles someone else’s money, the fiduciary obligations require him to manage that money with the same care, diligence, prudence and precaution as if he is handling his own money. If he fails, he is causing a fiduciary risk, according to the newest sub branch in [...]
Hiring as matchmaking
In an increasingly competitive world, people have become a cutting-edge factor. Is it just any people or the right people? Hiring the right person for the right job is important in order to achieve the right results. I would compare hiring to matchmaking. As much as two people get connected together through matchmaking, recruiting the [...]
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