Last Updated : 30-07-2014 05:52

 
 

Business

Lesser known information about Sri Lanka tourism

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Very often, when discussing tourism and its performance, the focus is on occupancy and room rates. Certainly, these two indices are the most important aspects to monitor the tourism and hospitality sector, which give a good indication of how the industry is performing.

Are we less ambitious as we age?

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It starts often as you hit mid-life. The glittering promotion. The dynamic career. The corner room office. It doesn’t sparkle like it used to – priorities have changed. Children are growing up and they need your time. You honestly prefer a good night’s rest to drinks out with the office crowd on Friday nights.

MERGERS AND ACQUISITIONS - Chandra questions SEC about competitive safeguards

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Good governance activist Chandra Jayaratne in an open letter to the Securities and Exchange Commission (SEC) has inquired about the laws pertaining to anticompetitive practices originating from mergers and acquisitions in the country’s capital market.

BOI promotes investments at Tel Aviv Biz Forum

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The Board of Investment of Sri Lanka recently engaged in investment promotion at an important event held in Tel Aviv, Israel.

Colombo Centenary International Scout Jamboree to be held in Sri Lanka

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The Colombo Centenary International Scout Jamboree will be held in Sri Lanka from August 1-7 at the Ygro Camp site in Madampe.

Happiness.lk Introduces Same Day Delivery for Baby and Kids Products!

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Tired of walking around from shop-to-shop looking for the perfect baby products? or just simply want to select the best birthday gift for your kid?. How about a website that has more than 5,000 products on it's portfolio? Ranging from the best baby brands and world famous toy brands all in one place?

NR market not expected to rebound in near future

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Rubber market in Southeast Asia dropped during the week as Chinese interest was low in buying. Tyre makers were banking on rubber stocks in bonded warehouses in Qingdao, the main rubber manufacturing province and very few searched for rubber from the Southeast Asian markets.

Treasury Secretary hints at trade surplus in 2020

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Sri Lanka’s Treasury Secretary Dr. P.B. Jayasundera last week hinted at the possibility of recording a trade surplus by 2020, an economic scenario Sri Lanka has never achieved for the last six decades.

Cigarette taxes should be rescued from bureaucratic discretion

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The focus of the World Health Organisation (WHO) is on raising taxes on tobacco, in order to raise prices and reduce consumption. This insight explains the serious consistency issues in Sri Lanka on setting taxes and prices on cigarettes.

sl gets US $ 300mn ADB loan for clean energy generation

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The Asian Development Bank (ADB) yesterday approved a US $300 million dual-tranche loan to help Sri Lanka scale up its use of clean energy and minimize reliance on costly petroleum oil for electricity generation.

SL gets US $ 300mn ADB loan for clean energy

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The Asian Development Bank (ADB) today has approved a US $300 million dual-tranche loan to help Sri Lanka scale up its use of clean energy and cut its reliance on costly petroleum oil for electricity generation

Why do some countries prosper and others don’t?

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Many years ago, as primary students, we were taught that most rich countries were in the North of the globe and most poor countries are in the South, but later on we learnt that it was not geography that causes wealth or poverty. After all, Australia and New Zealand are part of the...........

July policy rates on hold

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Despite low credit growth, the Central Bank yesterday decided to keep its key policy rates unchanged for the sixth straight month as the Monetary Board deemed that the current rate regime is quite appropriate with the country’s growth and the inflation direction.

Domino’s Pizza Mania for All Those Little Celebrations

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Domino’s Pizza, who introduced the 30 minute delivery guarantee to Sri Lankan consumers and the world leader in Pizza Delivery, is proud to launch “Pizza Mania” - a range of delicious mouth-watering pizzas to all pizza lovers to celebrate even the little joys in life in a big way.

Swiss Chef to enhance the Upcoming Swiss Food Festival at MLH

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Swiss people love good food, music and wine. Savoring the world famous Swiss cheeses is considered an everlasting memory. The Mount Lavinia Hotel is promoting “A Taste of Switzerland” for the second consecutive year, backed by their main sponsor Baurs.

HSBC credit card deals now on zMessenger’s Bigbon app

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HSBC has become the newest partner to be featured on ‘Bigbon’, a unique smartphone app by zMessenger that helps users find the best deals and offers to suit their need.

Samarasiri appointed Deputy Governor

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The Monetary Board, with the concurrence of the President and Minister of Finance, has appointed P. Samarasiri as a Deputy Governor of the Central Bank, with effect from June 1, 2014.

Trade gap narrows further in May

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Sri Lanka's trade deficit narrowed 47.9 percent year-on-year (yoy) in May to US $ 393.4 million amid improved export earnings and lower imports, the data released by the Central Bank showed

Building a successful work team isn’t rocket science

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Teams have become an essential feature in most organisations. The language of management now comfortably includes teams, teamwork and team building. However, this does not mean that we are yet much clearer about the process of bringing a group of people together and creating a level of.....

Stock market at your fingertips

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One of the advantages of having an advisor was, ostensibly, to have someone who could give required information on your investments to put it into a comprehensible form. The problem with this is that it assumes the broker will be effective at condensing and conveying complex information and.......

BoC in talks with Treasury for Rs.10bn cash infusion: sources

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State banking giant, Bank of Ceylon (BoC), is currently in talks with the Finance Ministry to obtain a Rs.10 billion cash infusion as early as the third quarter of this year, to improve its capital adequacy levels, sources revealed.

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