Central Bank to detail key initiatives at Cyber Security Summit tomorrow

Published : 2:03 am  June 24, 2013  |  Category: Front Page  |  Leave a Comment  |  946 views  |  

The Central Bank will detail several of its key initiatives in dealing with cyber security at the multi-stakeholder driven top summit on the subject co-organised by the Daily FT tomorrow.  Read More →


Eran questions credibility of Central Bank report

Published : 2:02 am  June 24, 2013  |  Category: Front Page  |  2 Comments  |  1,139 views  |  

The country’s economic performance and the state of public finances are not as glowing as the Government attempts to portray with reputed economists and even the International Monetary Fund contesting the data in the Central Bank report, UNP Legislator Eran Wickremaratne charged in Parliament last week.  Read More →


Wijeya illuminates Thanthirimale

Published : 1:59 am  June 24, 2013  |  Category: News  |  Leave a Comment  |  672 views  |  

For the 10th successive year Wijeya Newspapers Ltd. illuminated the Thanthirimale Raja Maha Viharaya as part of Poson Poya celebrations – Pic by Shantha Rathnayake.  Read More →


Meaningful engagement not possible with LTTE front organisations seeking to sustain hatred and prevent reconciliation: Govt.

Published : 1:53 am  June 24, 2013  |  Category: News  |  Leave a Comment  |  447 views  |  

Sri Lanka’s Ambassador to the UN in Geneva Ravinatha Aryasinha has said politically mobilised LTTE front organisations abroad act to sustain hatred and prevent reconciliation in Sri Lanka and that with groups having such a pre-disposition to meaningful engagement was not possible. Noting that the transnational political opportunity structures prevalent in host states help shape and sustain such diaspora activism, he observed that countries which continue to condone the hostility and disruptive tendencies shown by such pro-LTTE elements are giving a wrong signal.  Read More →


LTL going great guns with more transformer exports

Published : 12:05 am  June 24, 2013  |  Category: Business  |  1 Comment  |  935 views  |  

LTL Holdings Ltd., better known in its old name, Lanka Transformers, is one of the very few examples of a private-public partnership that has gone right in this country. The CEB is the major shareholder of LTL. The company was set up thirty years ago to manufacture an annual transformer demand of just 700 for CEB and has now expanded to supply more than 2000 transformers.  Read More →


Lanka-EU trade climbs close to $ 5 b

Published : 12:04 am  June 24, 2013  |  Category: Business  |  Leave a Comment  |  434 views  |  

As bilateral trade volume closes in on the crucial $ 5 b mark, historic dialogue between Sri Lanka and the European Union appears to have been bolstered even further.  Read More →


Embracing internet entrepreneurship

Published : 12:04 am  June 24, 2013  |  Category: IT / Telecom  |  Leave a Comment  |  1,031 views  |  

By Shabiya Ali Ahlam With self-employment becoming a growing trend around the world, the University of Sri Jayawardenepura hosted a forum titled ‘Internet Entrepreneurship’ last week to encourage its students to start up their own businesses.  Read More →


SriLankan Airlines partners Cinnamon Air

Published : 12:04 am  June 24, 2013  |  Category: Travel / Tourism  |  Leave a Comment  |  1,049 views  |  

Sri Lanka’s national carrier, SriLankan Airlines and Cinnamon Air entered into a code-share agreement on all Cinnamon Air scheduled flights within Sri Lanka.  Read More →


Cannes Lions ends on high note

Published : 12:04 am  June 24, 2013  |  Category: Marketing  |  Leave a Comment  |  1,082 views  |  

Leo Burnett’s Indu, Michael and Eraj report from 60th Cannes LionsThe last two days at Cannes Lions International Festival of Creativity, the world’s largest advertising festival, was sensational! With over 11,000 delegates and 35,765 entries from all over the world, the festival in its 60th year was bigger and better than ever before. One of the biggest highlights was that our two young Sri Lankans, Hiruni and Lakshita in the Young Marketers category swept away the competition. For the first time in 60 years, Sri Lanka stood on that stage and collected Gold. To say we are proud would be an understatement.  Read More →


Sri Lanka Shippers Council holds 43rd AGM

Published : 12:04 am  June 24, 2013  |  Category: Shipping / Aviation  |  Leave a Comment  |  1,032 views  |  

Shipping industry needs to show greater flexibility and seek greater support from authorities to overcome economic turmoil Private sector should play a bigger role as ambassadors of the country as an investment destination Interest shown by foreign investors to invest approximately $ 2 b through the Mahinda Rajapaksa Port: SLPA Chairman  Read More →