Last Updated : 18-04-2014 03:30

 
 

Business

What can female entrepreneurs rejoice about?

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It seems much. According to the Gender Global Entrepreneurship Development Index, the conditions that foster high potential female entrepreneurship are three-fold - encouraging an entrepreneurial environment, entrepreneurial eco-system and entrepreneurial aspirations.

Focus should now shift to long-term targets: Cabraal

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Sri Lanka is on course to achieve macro-economic targets in the near-medium term, and focus must now shift towards longer-term targets up-to and beyond 2030, according to Central Bank of Sri Lanka (CBSL) Governor, Ajith Nivard Cabraal.

Holcim, Lafarge agree merger to create cement giant

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REUTERS: Switzerland’s Holcim has unveiled an all-share deal to buy France’s Lafarge to create the world’s biggest cement maker with combined sales of 32 billion euros.

Unresolved sustainability issues in global tea sector

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Although the subject of sustainability in tea plantations had been discussed on many occasions before, yet in view of its importance to the tea sector and also as many issues still remain unresolved, this article re-examines this subject.

March tourist arrivals up 17.5%

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Sri Lanka’s tourist arrivals rose 17.5 percent Year- on-Year (YoY) to 133,048 in March 2014, with Russia, China, Saudi Arabia and the UAE leading the list, data released by the country’s tourism authority showed. Arrivals in the first three months of the year were up 24.8 percent YoY to 421,501.

ComBank to start Myanmar operations soon: Chairman

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Commercial Bank PLC (Combank), Sri Lanka’s largest private sector bank yesterday expressed optimism of their foray into the fast emerging Southeast Asian nation, Myanmar before the third quarter of this year.

Responsibility grid - Integrating re-engineering with total quality

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One of the most sacred tenets of management is the need for clear accountability. As such, organisations spend enormous amounts of time and energy defining jobs, roles, and goals — and then figure out who to reward or penalize when things go well or poorly.

Are you interested in investing in an IPO?

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The Colombo Stock Exchange (CSE) witnessed an increase in Initial Public Offerings (IPOs) since the beginning of the year as a result of the incentives given by the budget for the year 2014 and the prudent measures taken by market stakeholders.

Are you trapped in a toxic career environment?

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In today’s world, filled with stress, ambition and ruthless pursuit of career goals, environments and people can turn toxic without much notice. The toxicity generated can have a deadly effect on others, especially those caught by surprise. When environments do turn toxic, it is usually due to a few or a group of......

UNHRC: Measuring consequences and implications

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Last year Verité Insights examined the trading relationship between Sri Lanka and the countries that had voted for and against the UNHRC resolution on Sri Lanka both in 2012 and 2013. The findings were important.

Wijeya Newspapers partners Wow.lk to form largest interactive classified portal

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Wijeya Newspapers Limited owned Hit Ad and Lahipita, Sri Lanka’s largest classified giants joined hands with Dialog’s wow. lk, to create the country’s largest interactive mobile and web-based classifieds portal.

CB goes public with deposit rate caps on finance companies

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The Central Bank yesterday informed the public of maximum interest rates that could be offered for deposits by finance companies, with effect from April 1, 2014.

CEAT to open Rs.600 mn radial plant in Kelaniya

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CEAT Kelani Holdings, the company that manufactures half of Sri Lanka’s tyre requirements, has announced a further commitment to the country in the form of an investment of Rs.600 million on a new tyre plant to produce highend radial tyres.

March inflation unchanged at 4.2%

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Sri Lanka’s annual inflation increased to 4.2 percent in March, unchanged from the previous month, the data released by the Census and Statistics Department showed.

Performance of global rubber in 2013 and outlook

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A recent report released (March) by the International Rubber Study Group (IRSG) indicates that the stock balance of the global natural rubber industry at the end of 2013, specifically that of the Asia Pacific region, is in a position of production exceeding that of consumption by 3,020,000 tonnes, which may be a worrying factor to....

Dialog Axiata invests further US $ 115mn to expand ICT infrastructure

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Dialog Axiata PLC, a unit of Malaysia’s Axiata Group, has recently inked a deal with Sri Lanka’s Board of Investments (BoI) to invest a further US $ 115 million, approximately Rs.15 billion, to expand Dialog’s nationwide telecommunication networks and digital satellite television services.

World oil and gas planning cycle (2014) and its fallout on Sri Lanka

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International and national oil and gas companies always assess the macro business environment and make careful assumptions or assessments of their positions in such uncertainty.

‘The Elements’ - Fairway Holdings launches its 4th Luxury Apartment Project

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Emerging from the fusion of the elements, life is born anew to fulfil the dreams of those who wish to embrace it. Pure in form and perfect in spirit, "The Elements by Fairway" is a celebration of eternal life...in perfect harmony.

Public and private cruises to be launched along country’s west coast

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Sri Lanka’s first tourist yachting company, Sail Lanka Charter (Pvt) Ltd, recently announced the launch of public and private cruises along the country’s west coast on board the company’s 48 foot sailboat, Topaz which is moored at the Beruwala Harbour.

Why first impressions (still) count

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Some people are able to make an entrance – whether socially or professionally, pleasant enough for others to notice them. First impressions count – even though some would like to believe otherwise. Making a sound first impression will always be important to whatever that we have chosen to do.

Environmental Management Systems should be strengthened in plantations

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An Environmental Management System (EMS) is a set of processes and practices that enables an organisation to reduce its environmental impacts and increase its operating efficiency.

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