Last Updated : 16-04-2014 12:22

 
 

Business

Tapper and production-related issues in rubber: Malaysian experience

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Several approaches, techniques and systems were developed in the 80s and 90s to tackle the problem of tapper shortage and rising costs of production, which were not adopted on a large scale due to low productivity of prevailing clones in the 80s/90s, very low selling prices of rubber, low wages paid to tappers....

Management compass: Setting performance goals

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“If you don’t know where you are going, any road will get you there.” This line from Alice in Wonderland has been true in many organisations and companies. They often don’t have or maybe don’t articulate very well real business goals other than ‘staying in business’.

Margin trading: A double-edged sword

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Imagine you’re sitting at the black jack table and the dealer throws you an ace. You’d love to increase your bet but you’re a little short on cash. Luckily, your friend offers to spot you Rs.50 and says you can pay him back later. Tempting, isn’t it?

SLT raises US $ 100mn to upgrade infrastructure

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Sri Lanka Telecom PLC, the leader in fixed telephone services in the country has raised US $ 100 million five- year term loan facility with the support of HSBC and Sampath Bank.

Harsha demands for EPF’s audited accounts again

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United National Party Parliamentarian and economist, Dr.Harsha de Silva yesterday once again raised the issue of non-submission of audited accounts of Employees’ Provident Fund (EPF) —the largest superannuation fund controlled by the Central Bank—to the Parliament for the year 2011.

What advice would you have given your younger self?

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Would a look back at what decisions we made be relevant to the decisions we make in the future? In retrospect is a term used wisely. Most of us feel wiser and mature, when we look back at the past. The decisions we have made, the people we have chosen to be with, the career moves we have made....

Buffett's annual letter What we can learn from his real estate investments

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“Investment is most intelligent when it is most business like.” -Benjamin Graham, The Intelligent Investor. It is fitting to have a Ben Graham quote open this essay because I owe so much of what I know about investing to him. I will talk more about Ben a bit later and I will even sooner talk about common stocks.

JKH, DIMO bag ACCA Sustainability Reporting Awards 2013

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John Keells Holdings (JKH) was adjudged the country’s most transparent and accountable business entity when it bagged the Overall Winning Award at the annual ACCA Sri Lanka Sustainability Reporting Awards, with Diesel & Motor Engineering PLC (DIMO) coming in as the overall runner-up.

SL-Iraq trade talks begin in Baghdad

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The latest Sri Lanka-Iraq Joint Committee for Economic Cooperation (JEC) Commenced February 25 in Baghdad, a statement from the Industry and Commerce Ministry said. “Iraq is certainly an important market for us not only for tea but even for other prospective products.

Friendship bridge across Asian waters Sino-Sri Lankan relations grow apace with trade gains made over decades

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In December 1952, during a historic visit to China to conclude the rubber-rice barter trade agreement, Sri Lanka’s then commerce minister Richard Gotabhaya Senanayake was presented with a gift by Zhou Enlai, then premier of the People’s Republic of China.

Avirate expansion plan & launch of Spring/Summer 2014

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Avirate, the leading women’s clothing retailer in Sri Lanka held a press conference on Friday 21st Feb 2014 to announce the launch of their new Spring/Summer 2014 collection, combining casual, sassy street wear, festival trends and elegant evening wear & also to talk about their expansions globally this 2014.

MasterCard upbeat about Sri Lankan prospects

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Sri Lanka could benefit and seek higher growth from global electronic payment trends, falling in line more with the current cashless spending patterns, a top official from the US financial services multinational, MasterCard said.

Impressive to excessive to over-the-top

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Oxfam states that the accumulated wealth of the top 85 of the richest in the world equals the total worth of $ 3.5 billion of the poorest! It goes beyond 4 billion of the poorest, when one adds the total wealth of the next 250 richest in the world to the top 85.

Importance of organic matter in plantation agriculture

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Soil organic matter is any material produced originally by living organisms (plant or animal) that is returned to the soil and goes through the decomposition process. At any given time, it consists of a range of materials from the intact original tissues of plants and animals to the substantially decomposed mixture of......

Third gantry cranes shipment arrives at CICT

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Mega vessel, Zhen Hua 11 recently shipped a large consignment of gantry cranes and container trailers for the newly built Colombo International Container Terminal (CICT).

Launch of Sri Lanka’s 1st Crowdsourced Creative Agency

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Me Idea, the creative agency of Loops Solutions, the leading digital marketing company in Sri Lanka was launched on Friday, 21st February 2014, offering for the first time in Sri Lanka, one of the most innovative and creative solutions to revolutionise the marketing industry through crowdsourcing.

Sri Lanka ventures into offshore fish farming

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Oceanpick (Pvt.) Ltd, a local company seeking to pioneer sustainable marine aquaculture, recently installed the country’s first sea cage, initiating offshore fish farming off the Eastern coast of Sri Lanka.

Pareto Analysis - Taking mystery out of problem-solving

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There are many problem-solving techniques available to managers and most of them are powerful tools for reaching a solution. However, one stands out as the power tool to use for deciding ‘which’ problems to solve; ‘Pareto Analysis’. It sorts the vital few from the trivial many. It is also known as ‘80/20 rule’,......

What should investors know about IPOs?

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It is a formal legal document, which provides details about an investment offered to the public. It is important to read the prospectus because it provides information regarding the terms of the securities being offered as well as disclosure regarding the company’s business, financial condition, management and.....

Government’s five hubs and public service

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The ‘Mahinda Chinthana Vision for the Future’ policy statement envisages making Sri Lanka a regional hub in five sectors. To ensure Sri Lanka is well poised to be the centre in the region, the government is looking to transform Sri Lanka into a strategically important economic centre by developing five strategic hubs

Lankan exporters invited to utilize Pakistan’s GSP Plus with EU

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Pakistan’s High Commissioner to Sri Lanka Major General Qasim Qureshi made an open invitation to Sri Lankan exporters to utilize the current Generalized System of Preferences Plus (GSP) scheme Pakistan enjoys with the European Union (EU) and expand trade between the two countries through the existing free......

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Fun at Galle Face
'Blood moon'
Happy New Year!
Celebrating 'Avurudu'