Last Updated : 23-04-2014 18:23

 
 

Business

The SHINKANSEN method to energize workforce

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 “Why does the Shinkansen (Japan’s bullet train) travel much faster than an ordinary train?” was a question posed to us during a training programme in Japan.
None of our answers ranging from technology to the tracks were correct.

Bourse at 1-1/2 yr high on blue chips, retail buying

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Sri Lankan shares closed at their highest in nearly 1-1/2 years yesterday, led by blue chips, due to an improved appetite for risky assets after heavy foreign buying amid hopes of a rate cut at the central bank’s policy meeting later this week.

Lankan labour force and employment plunge in 2012

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The economically-active population aged 10 years and above- popularly known as a country’s labour force - declined in Sri Lanka by 1.1 percent to 8.465 million due to migration of economically active persons during 2012, the Central Bank annual report showed.

Palm oil prices volatile despite high output

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The price of the world’s most-used cooking oil, palm oil, is expected to remain volatile, given the high stock levels in Malaysia and Indonesia, a top official of a leading Malaysian oil palm cultivating company stated.

Feeding Asia’s energy appetite

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Asia’s rise is increasingly considered a foregone conclusion, yet the extent to which the region will prosper hinges on its ability to feed its voracious, ever-increasing appetite for energy.

Capacity building at Mattala International Airport

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 While the opportunities are being created to optimize the utilization of the new airport through Free Trade Zone, Industrial Park, Convention Centre etc. it is also necessary to look at what could be done from the existing opportunities both to the west and east of Sri Lanka in the immediate term.

Colombo Port gears for mega vessels from July

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With the construction of the first phase of the South container terminal project nearing completion, the first berth will open up for ship traffic starting July, enabling the Colombo port to accommodate mega vessels that was not possible before, a top Sri Lanka Ports Authority official said.

India's Dabur opens US $16mn Sri Lankan factory

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Dabur Lanka (Pvt) Ltd, a whollyowned subsidiary of India's leading consumer goods maker Dabur India Ltd, recently inaugurated its packaged fruit-based beverage manufacturing facility in Mirigama, Sri Lanka.

From crisis to sustenance : Blue Ocean Strategy – Where rules of game are waiting to be set

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Today, we recap what we have studied during the past few weeks. 
If you ever hear your executives whine about the competition, you will want to read this book.

Essentials for successful investors

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Being a successful investor requires skills similar to those of a successful chef. Every cookbook stresses the need to read the recipe before beginning, make sure you have all the ingredients and do not deviate from the recipe until you have practiced it several times. 

March tea output up 11% YOY

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Sri Lanka’s March tea production rose 11.3 percent from a year earlier due to favourable weather, pushing up output of the island nation’s top agricultural export by 8.1 percent in the first quarter of 2013, data from the state-run Tea Board showed on Thursday.

Export earnings, import expenditure, trade gap down in February

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Sri Lanka’s export income fell 2.9 percent Year-on-Year (YoY) to US $ 797.5 million in February with both agricultural and industrial exports slowing down, the data released by the Central Bank showed.

Seylan 1Q net up 26% to Rs.510mn

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Seylan Bank PLC has posted a net profit of Rs.509.5 million, up by 26 percent Year-on-Year, for the first quarter of the financial year 2013, the interim financial accounts released to the Colombo Stock Exchange showed.

Stocks close at 16-month high

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Sri Lankan shares hit a 16-month high yesterday on expectations of a rate cut at a central bank policy meeting later this month, traders said.

Austerity in Europe hurting women the most

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Europe has always been a centre of celebration for human rights, whether for minorities, lesbian, gay, bisexual...

Export earnings down in February

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Sri Lanka's export income fell 2.9 percent Year-on-Year (YoY) to US $ 797.5 million in February with both agricultural and industrial exports slowing down, the data released by the Central Bank showed

Dialog to boost SL’s bandwidth with new submarine cable

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Dialog Axiata PLC (Dialog), Sri Lanka’s largest mobile services operator has entered into an agreement with the Bay of Bengal Gateway (BBG) consortium to land a high capacity submarine cable at a Cable Landing Station (CLS) to be located in Colombo, a statement by the company said.

PLC secures 17th slot among “Top 20 Most Valuable Brands”

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People’s Leasing & Finance PLC (PLC) has scaled up from 21st to 17th among the “Top 20 Most Valuable Brands”.

Sri Lanka to host first carbon neutral economic summit

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The Institute of Policy Studies (IPS) has obtained global Carbon Neutral certification for the hosting of the 6th South Asia Economic Summit in Colombo.

Fitch affirms Sri Lanka at 'BB-' with stable outlook

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Issuing the sovereign credit rating and the country outlook for 2013, Fitch Ratings yesterday affirmed Sri Lanka's long-term foreign and local currency Issuer Default Ratings (IDRs) at 'BB-'

February tourist arrivals up 11.6% YOY

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Tourist arrivals to Sri Lanka in the month of February rose 11.6 percent year-on-year (YoY) to 93,232, helped by increased arrivals from East Asian and Western and Eastern European blocks, the official data provided by the Sri Lanka Tourism Development Authority showed.

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Video: BBS at Rishad’s office
Video: Playing with paper rockets
Avurudu at Polhena Beach
Railways Trade Union fast against termination of employees