Agriculture debate in P’ment gets muddy

Published : 1:07 am  December 11, 2013  |  Category: TOP STORY  |  Leave a Comment  |  880 views  |  

 UNP asks what happened to Govisetha lottery funds aimed at pension scheme for farmers Snubs Govt, for providing tax relief for imported dog food instead of supporting farmers PM defends tax relief on pet food Fertiliser subsidies slashed, says Opposition Govt. ally JHU slaps lack of focus on agriculture in Budget 2014 By Ashwin Hemmathagama Our Lobby Correspondent Government and Opposition Parliament-arians clashed yesterday over the defunct pension scheme for farmers and insufficient support provided to develop the agriculture sector in the country. Moving the debate, UNP MP P. Harrison accused the Government of providing tax concessions for pet food instead of giving relief to farmers. “The... 


Enlist support of international partners: EU tells Lanka

Published : 1:04 am  December 11, 2013  |  Category: News  |  Leave a Comment  |  408 views  |  

Call for release of Lalith and Kugan Delegation notes improvement in Sri Lanka, focuses on challenges ahead in statement to mark Human Rights Day The European Union has encouraged the Sri Lankan authorities to draw on the support of its international partners to assist with remaining challenges of reconciliation and accountability, the Delegation of the EU to Sri Lanka said yesterday in its statement to mark Human Rights Day. The EU stands ready to offer assistance to the Sri Lankan government to help it address and overcome these challenges in order to help build a better and brighter future for all Sri Lankans, the statement said. The Delegation noted that there have been significant improvements... 


Ranjan Ramanayake slams export of Lankan women for work

Published : 1:03 am  December 11, 2013  |  Category: News  |  4 Comments  |  1,313 views  |  

By Ashwin Hemmathagama – Our Lobby Correspondent The main Opposition United National Party on Monday slammed government plans to bridge a widening budget deficit using the remittances of Sri Lankan migrant workers and accused the regime of exploiting women to run the economy. Opposition Parliamentarian Ranjan Ramanayake said the country was surviving today on this “respectable” slave labour of 1.8 million Sri Lankans who work overseas and send $ 6 billion to keep the economy running back home each year. “We should be ashamed to sell our females and make money to run the economy of this country. If Sri Lanka is the miracle of Asia, women from other parts of the world should come here to... 


Heroin haul: UNP pins Govt. on JHU allegations against PM

Published : 1:01 am  December 11, 2013  |  Category: News  |  Leave a Comment  |  593 views  |  

By Ashwin Hemmathagama Our Lobby Correspondent Chief Opposition Whip in Parliament MP John Amaratunga yesterday grilled the Government to reveal the involvement of Prime Minister D.M. Jayaratne in the largest heroin bust, which took place a few months ago. “Jathika Hela Urumaya, a stakeholder of your Government, seeks the arrest of the Prime Minister for his involvement,” said MP Amaratunga. “The media has reported a serious statement from a monk in the JHU seeking the arrest of the Prime Minister and also requests him to stay at home if disabilities and ailments due to old age prevent him from performing the duties. I can’t believe this statement aimed at a veteran politician,” he... 


Würth’s words of wisdom

Published : 12:56 am  December 11, 2013  |  Category: Leadership  |  3 Comments  |  4,961 views  |  

Ambitious, creative, visionary, and diligent are terms used to describe Würth Group Chai-rman Professor Reinhold Würth (78). Having taken over the screw wholesale business with just two employees at the age of 19, Würth never imagined the company would grow to become one of the biggest specialists in  assembly technology in Germany. Although always on the lookout for opportunities to expand the company, behind this ‘busy entrepreneur’ façade stands a man who in addition to his work, also loves life, has a sense of humour, and loves to crack jokes. On a two-week tour around Asia in his private plane, Würth visited Sri Lanka for the first time to celebrate the company’s 15th anniversary.... 


Company portrait

Published : 12:54 am  December 11, 2013  |  Category: Leadership  |  Leave a Comment  |  4,658 views  |  

The Würth Group with its over 400 companies is a globally operating business. The business areas of the Würth Group are subdivided into two parts: The companies belonging to the Würth Line and the so-called Allied Companies. The origin of the worldwide active trading business is the distribution of assembly and fastening material. The companies of the Würth Line still work in this field, Würth is the market leader here. Allied companies are companies that operate as trade or production businesses in related business areas, as well as financial service providers. The business segment ‘Diversification’ that also belongs to the group of allied companies includes service businesses in logistics... 


The geeky Chairman

Published : 12:52 am  December 11, 2013  |  Category: Entrepreneurship  |  2 Comments  |  1,465 views  |  

 The brains that took a website that enabled Sinhala email to a Global Shop offering 51 million products to Sri Lankans By Cheranka Mendis From a disruptive kid, taking apart anything he could get his hands on, from toy cars to phones, Dulith Herath today sits on a disruptive model that has taken e-commerce to another level. From a five year old who carefully took apart his toy only to find a circuit connecting the wheels to a motor run by battery, which inspired him to create, innovate and prosper, Herath is today a self-acclaimed geek, a time-bomb of ideas and the Chairman of Kapruka, an e-commerce platform that is growing in size and value-added operation. Joining Daily FT to share his... 


Global Compact Network Sri Lanka amongst the world’s best

Published : 12:30 am  December 11, 2013  |  Category: HR  |  1 Comment  |  658 views  |  
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The Global Compact Network Sri Lanka was recognised as one of the top ten local networks from over 100 local networks worldwide. The Local Network Award was presented at the Global Compact Leaders Summit in New York recently by the UN Global Compact Office. The award recognises the contribution of networks to the development of others through communication and collaboration and to sharing and replication of best practices and knowledge amongst networks. The UN Global Compact is a strategic policy initiative for businesses that are committed to aligning their operations and strategies with ten universally accepted principles in the areas of human rights, labour, environment and anti-corruption.... 


AAT Sri Lanka wins Gold award in silver jubilee year

Published : 12:10 am  December 11, 2013  |  Category: HR  |  Leave a Comment  |  1,486 views  |  

Association of Accounting Technicians of Sri Lanka (AATSL) emerged the Gold Award winner having been adjudged the best business association in Sri Lanka at the recently concluded National Business Excellence Awards 2013. The National Business Excellence Awards, a much looked forward event in the corporate calendar was organised by the National Chamber of Commerce of Sri Lanka (NCCSL) with a view to recognising and rewarding sustainable business enterprises that demonstrate excellence in business while contributing to the efforts of economic progress of Sri Lanka. “We are sincerely proud of this achievement as AAT Sri Lanka has been recognised as a business entity with excellent performance... 


International Hotel School heralds in the Christmas season

Published : 12:01 am  December 11, 2013  |  Category: Youth / Careers / Higher Education  |  Leave a Comment  |  894 views  |  

Christmas is no fun without the traditional Christmas cake. And making it is no quick and easy task – preparations begin way ahead of time. To mark the birth of Jesus Christ, many institutions in Sri Lanka organise cake-mixing ceremonies to spread the warmth of the festive season. People from different walks of life come together for such ceremonies. The first step towards making the cake is the mixing process, formally called the cake-mixing ceremony. “It is a ritual religiously followed the world over, and is said to be a herald of good tidings and happiness,” says IHS Principal M. Hulangamuwe. Originally a family affair, it is for many years celebrated within many to spread camaraderie...