Last Updated : 17-04-2014 21:07

 
 

Business

Value addition to graphite in Sri Lanka - Graphene and green technology

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As a follow up to my article on value addition to minerals published in Mirror Business on March 11, 2014, I would like to highlight the attempts by the researchers in Sri Lanka and also various government entities in value addition to graphite in the light of ‘graphene’, the miracle substance produced with the.....

CCC hails finance sector consolidation

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Sri Lanka’s premier business chamber, the Ceylon Chamber of Commerce (CCC), yesterday endorsed the ongoing financial sector consolidation advocated by the Central Bank of Sri Lanka.

Etisalat comes on board with Dialog’s eZ Cash

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Dialog Axiata PLC, a unit of Malaysia’s Axiata group, yesterday announced that Sri Lanka’s Central Bank had granted its approval to extend Dialog’s mobile money platform eZ Cash to the country’s third largest mobile operator Etisalat Lanka (Pvt.) Ltd as well.

Hydro power and Sri Lanka’s energy challenge

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Water and energy are linked with an eternal bond. Many countries blessed with rivers and waterfalls have harnessed their inherent kinetic energy through hydro-electricity in fulfilling their energy needs. Sri Lanka is one such country.   But the rising demand for electricity and the limited generation potential of

If China sneezes, Africa can now catch a cold

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Growing links with China have supported economic growth in sub-Saharan Africa. But the burgeoning commercial and financial ties between the developing subcontinent and the world’s second-biggest economy carry risks as well. These links also expose sub-Saharan African countries to.....

Unilever’s Pureit : “Democratizing safe water”

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Pureit is an international range of water purifiers made by Unilever currently sold in India, Mexico, Brazil, Nigeria, Indonesia and Bangladesh, consisting of eight models - Pureit Classic, Pureit Advanced, Pureit Compact, Pureit Classic Autofill, Pureit Intella, Pureit Marvella, Pureit Marvella UV and Pureit Marvella RO.Pureit was first launched in Chennai India in 2005 and was subsequently introduced in Sri Lanka 2 ½years ago. Following are the excerpts of an interview held with Unilever Sri Lanka Ltd. Marketing Director - HPC & Water Siddharth Banerjee highlighting the Pureit’s role in Sri Lanka.

Empowerment releases power within people for amazing results

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Do you work for a company that has a traditional bureaucratic management style? If so, chances are quite high that your workplace is probably not as effectively run as one whose philosophy is ‘empowerment’.

Customer satisfaction or delight

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How crucial it is to ‘delight a customer’. Raising customer satisfaction is such an obvious point. Management tends to forget the importance of delighting a customer. Customer satisfaction is talked about in creative copy writing. What is neglected is the need to

Is entrepreneurship the final goal of a career end?

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Not everyone chooses a career – some, if they are honest enough, will confess that they got into a career by chance. And once the course of time runs and the biological clock runs, most would choose to stay within the comfort zones of known routines, predictable outcomes and familiar territory, instead of.....

Tea and rubber equally affected by global warming, climate change

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Be it swapping coffee for cocoa in Central America or bracing for drought in Sri Lanka with a return to ancient water storage systems, scientists and growers should jointly chart a path to adapt to climate shifts despite uncertainties over future growing conditions.

Risks and rights for Sri Lankan consumers in the digital age

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Every day we are moving closer to having almost as many mobile subscribers as there are people on earth. Close to 40 percent of the world’s population are now ‘online’ and some 750 million households globally are connected to the internet.

Evolution or Revolution? Managing brand transition

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It’s not uncommon to find major homegrown brands in Sri Lanka either undernourished or underexploited but after a period of neglect, they need to be reexamined and refreshed from the ground up.

LB Finance named Sri Lanka’s best retail finance company

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Global Banking & Finance Review, UK adjudged LB Finance PLC as “Best Retail Finance Company in Sri Lanka for 2013”, awarded on the back of the company’s outstanding efforts to support Sri Lanka’s small and medium entrepreneurs.

Solving dilemma of export diversification

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Sri Lanka’s problem of flagging export growth has generated much discussion. The answer that many are converging on is a single word: DIVERSIFICATION.
But ‘diversification’ is a double-edged concept in exports. You can either diversify in terms of products, or in terms of markets.

Forecast for our energy future - No common solutions

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A recent article by Gail Tvreberg from a think tank on ‘Our Future World’ and reproduced in ‘Oil Voice’ magazine of February 4, 2014, highlights that solutions to our energy dilemma will not work if we do not understand that the problem is quite different from what it really is and......

Metrics of measuring a hotel’s performance relative to its peers

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“Eschew obfuscation, espouse elucidation” is a humorous fumble rule used by English teachers and professors when lecturing about proper writing techniques.
The press release by the MD of a hotel built during the colonial era informs of increased occupancy and revenues in the nine months ended 31 December 2013.

Former Air Force Commander assumes duties as BoC Chairman

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Former Air Force Commander Air Chief Marshall Harsha Abeywickrema assumed duties as the new Bank of Ceylon (BoC) Chairman yesterday.

Lubricant player calls for an effective regulator

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The Public Utilities Commission of Sri Lanka, which operates as the shadow regulator in the absence of a proper regulator, has not been empowered to deal with the issues confronting the lubricant industry, a top official of Sri Lanka’s largest lubricant industry player stated.

Economy grows 7.3% in 2013

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The Sri Lankan gross domestic product (GDP) grew at 7.3 percent in 2013 against a previous 6.3 percent in 2012, the data released by the Census and Statistics Departmentshowed.

Link between goal setting and workplace performance is inseparable

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Last two weeks, we saw how goal setting is a powerful way of motivating people and of motivating managers. Today, the value of goal setting is so well recognized that entire management systems, like Management by Objectives (MBOs), have goal setting basics incorporated within them.

Introduction to real estate investment trusts

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Investing in real estate has been the traditional method of securing future financial stability by increasing one’s net worth. With the advent of share trading, investments in property have been in direct competition to attract investment rupees.

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