AFP- Nightclubs with diamante toilets, luxury cemeteries and local restaurants have made a splash during their debuts on Hong Kong’s stock exchange, proving particularly popular among “mom and pop” investors squeezed out of more mainstream openings.
Fashion Bug, one of Sri Lanka’s leading retail clothing stores with over 17 outlets island-wide, clinched a Gold award for ‘Best Key Account Partner’ at the recent Annual Sales Conference of Triumph International held on 7th February at Hotel Galadari.
Process Mapping is at the heart of many continuous improvement techniques, ranging from the very simple, (e.g. Standard Operating Procedure) to the very complex, (e.g. Six Sigma) Process Mapping is founded on the premise that if you create a picture or a map of a process, it will be much easier to understand it.
The year 2014 is expected to be a promising year for the Sri Lankan equity market. The All Share Price Index has witnessed a growth of nearly 5 percent within one month. Further on, analysts predict an increase in market activities especially in the primary market as a result of the expected increase in Initial Public Offerings (IPOs).
Following is the inaugural speech by Arjuna Herath as President of the Institute of Chartered Accountants of Sri Lanka, delivered at the 22nd President’s Induction ceremony of the Institute held at Cinnamon Grand Colombo.
They are young women of a generation that grew up with the Internet, software and lap tops. They seek solutions in technology and believe in the power of technology that can be harnessed to produce great many things. They belong to a new generation of entrepreneurs whose very existence is dependent on technology.
Sri Lanka has potentially extremely favourable medium-term prospects. In addition, macroeconomic conditions are likely to be more benign in the short term with 2014 being better than last year, provided the US Federal Reserve’s tapering programme does not cause severe turbulence in emerging and frontier markets.
The Planter’s Association of Ceylon (PA) has warned of an acute shortage of fertilizer which will have a detrimental effect on the plantation industry.
The PA whose mandate is to promote, foster and protect the plantation industry of Sri Lanka has sounded the alarm and appealed to all stakeholders to......
The US$ 3 billion construction company, Shapoorji Pallonji has been appointed the main contractor for Sri Lanka’s Altair residential twin tower in Colombo.
Hayleys PLC posted a profit of Rs. 338.6 million during the quarter ended 31st December 2013, down sharply from the previous Rs. 662.4 million.
Tucked away amidst a tea plantation and bordering the Deniyaya side of the Sinharaja rainforest is a unique ecotourism venture that could hold valuable lessons on the future of forest-based ecotourism in Sri Lanka.
When one purchases a high-priced item, it is natural and reasonable to expect a high-quality of performance. For most people, cars and holidays count as the two highest priced items of regular expenditure. People save money to take their annual holiday and also put aside money to be able to purchase a newer car.
There is a controversy with regard to the alleged upward revision of the growth rate of quarterly GDP by 0.5 per cent from 5.5 per cent to 6.0 per cent.
This has created some doubt in the public mind as to the accuracy and reliability of estimates of National Accounts.
Boeing maintained its 20-year forecast for airplane demand at US $ 4.8 trillion and predicted that nearly half of the world’s air traffic growth would be driven by travel to, from or within the AsiaPacific over the next two decades.
The export earnings rose 13.2 percent year-on-year (YoY) to US $ 986.1 million while the import expenditure expanded 2.1 percent YoY to US $ 1.56 billion in December2013.
A recent article by Gail Tvreberg from a think tank on “Our Future World”, reproduced in “Oil Voice” Magazine of 4 February 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 developing into a long term problem which in.........
Sri Lanka received 146,575 tourists during the month of January (2014), up 32.6 percent from the corresponding month of the previous year, data released by the country’s tourism authority revealed.
Providing satisfaction to customers is an intuitively sensible route to running a profitable business. But we have not been very good at measuring whether or not businesses are doing a right job in delivering satisfaction to their customers. Part of the problem is a lack of clarity about the meaning of some of the concepts involved.
Because you plan to spend the money you set aside for short-term goals relatively quickly, you’ll want to focus on safety and liquidity rather than growth in your short-term portfolio. Treasury bills (T-bill) backed by the government’s promise to repay are generally considered safe investments.
The Fourth Assembly of the International Renewable Energy Agency (IRENA) took place from January 18-19, 2014 in Abu Dhabi, United Arab Emirates (UAE), attended by more than 1200 participants including heads of state and ministers from over 150 countries, as well as representatives from 120 international organisations.
Volunteering is in – whether in reaching out to communities, helping street children or simply doing something for someone who cannot afford you or pay you back, it is not only fashionable but also extremely relevant in the world we live in today.
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