All Blogs
All Or Nothing
Trade Unions waging war against the Unilever quote s Mabola tea factory closure have decided to stick to a ldblquote remaining service life dblquote claim as the only acceptable compensation for the redundant staff.
Easing Ahead
The Central Bank offered and accepted bids for Rs.6.565 bn despite the auction being oversubscribed with bids for Rs. 12.461 bn. rnrnBids on offer this week included re-issues of Rs. 5.565 bn in maturing bills and Rs.1.000 bn in fresh issues. rnrnThe weighted average yield for three month notes slipped three basis points to 12.83 […]
Green Labels
The initiative will rank products and services on their net environmental friendliness, with an eco-label certification provided by an authorized certifying body. rnrnBacked by the Science and Technology Ministry and driven by local environmental NGO EMACE, the 21-member steering committee representing manufacturers, exporters, and local certifying bodies. rnrnWorldwide, eco-labels have been used to cover diverse […]
Motivating Managers
The speaker line up is headed by Doug Adams who has build up an international practice in training corporate management on leadership skills. Adams has worked with many top local companies like JKH and MAS Holdings and expected to use his knowledge on local management traits to stimulate a change in mindset. rnrnAdams has titled […]
Running East
Formerly known as eRunway Inc., Virtusa is a Sri Lankan company headquartered in the, USA with development centers in Colombo, Hydrabad and Boston. rnrnVirtusa develops and deploys mission critical products and solutions for Fortune 1000 companies and leading software product developers. Its core competence revolves around developing cutting edge technology and delivering dynamic project plans […]
Building Debt
Construction work on the head office complex is expected to cost the bank around Rs. 4 bn. rnrnThe securatised paper carrying a ten-year tenure, will be privately placed with institutional investors, a senior HNB official said. rnrnSecuratisation is an asset backed debt instrument, where the future cash flow receivables of the assets are transferred to […]
Unlocked
Foreign companies can now invest up to 100 percent of the equity capital of financial sector companies, free of exchange controls, the Central Bank said in a statement. rnThe move is “subject only to the rules and regulations stipulated by the relevant regulatory authorities pertaining to the activities of the companies in which investment is […]
Off Channell
eChannelling quote s Rs. 100 mn public offering, which was touted as Sri Lanka quote s first lquote dot com quote , failed to create an appetite among local investors, with less than half of the issue under subscribed at the closure yesterday.
German Escapade
rnSri Lankan’s CEO Peter Hill and Head of Commercial G.T. Jayaseelan are to meet with leading tour operators on a fact-finding mission to review pricing and ascertain demand prior to resuming operations. rnrnThe visit will also attempt to validate claims by the industry of insufficient capacity to satisfy the demand from German and Italian leisure […]
Breaking The Mould
The open debate will also sort through the political baggage that still remains one of the biggest hindrances to an efficient, disruption free system of education. rnrnldblquote The efficiency of education is tied down with its views focusing solely on the equity principle, not allowing for the efficiency and effectiveness of education. The situation is […]