Author: lbostgadmin
Spreading the Aroma of Cinnamon
John Keells Holdings, a listed conglomerate, says their re-branding of some hotel properties as Cinnamon is part of the group’s overall reorganization.John Keells Holdings, a listed conglomerate, says their re-branding of some hotel properties as Cinnamon is part of the group’s overall reorganization. The group reorganized operations under different sectors earlier this year. John Keells […]
Strategic Failure
Management accountant practices could be better used for strategic planning than already done in listed companies according to some academics who studied their use.Management accountant practices could be better used for strategic planning than already done in listed companies according to some academics who studied their use. They presented their findings to the CIMA Sri […]
‘s new policymakers
Sri Lanka’s new political leadership needs to instill investor confidence, halt galloping inflation and interest rates, if the island is to move beyond a five percent growth, the World Bank’s country chief said Saturday.Sri Lanka’s new political leadership needs to instill investor confidence, halt galloping inflation and interest rates, if the island is to move […]
Revving Up
Sri Lanka’s new president demanded Friday the launch of a fresh peace process with Tamil Tiger rebels in the ethnically troubled island and “transparent” monitoring of a Norwegian-brokered truce.Sri Lanka’s new president demanded Friday the launch of a fresh peace process with Tamil Tiger rebels in the ethnically troubled island and “transparent” monitoring of a […]
Hot Water
Retail fuel giant Lanka IOC Ltd reported 69 percent drop in second-quarter earnings on Friday as government imposed subsidies and record world crude prices erased profit margins.Retail fuel giant Lanka IOC Ltd reported 69 percent drop in second-quarter earnings on Friday as government imposed subsidies and record world crude prices erased profit margins. Lanka IOC […]
Under Valued
The bulk of Sri Lanka’s management accountant fraternity is busy crunching numbers or working in unrelated fields rather than doing a job for which they qualified, a recent survey showed.The bulk of Sri Lanka’s management accountant fraternity is busy crunching numbers or working in unrelated fields rather than doing a job for which they qualified, […]
Rajapaksa govt. looks at 8% growth and rural development
Sri Lanka’s fifth executive president made his first address to parliament on Friday, setting out his policy framework for his six year term in office. Sri Lanka’s fifth executive president made his first address to parliament on Friday, setting out his policy framework for his six year term in office. Replacing the defunked Post Tsunami […]
‘s speech fails to inspire the market
President Mahinda Rajapaksa failed to inspire the weather dampened Colombo bourse in his inaugural speech in parliament on Friday. President Mahinda Rajapaksa failed to inspire the weather dampened Colombo bourse in his inaugural speech in parliament on Friday. Towards the market close, the All Share Index was trading 16.4 points lower at 2200, with turnover […]
Sri Lanka president demands new truce with Tigers
Sri Lanka’s new President Mahinda Rajapakse Friday demanded a new ceasefire arrangement with Tamil Tiger rebels and called for “transparent” monitoring of the Norwegian-brokered truce.Sri Lanka’s new President Mahinda Rajapakse Friday demanded a new ceasefire arrangement with Tamil Tiger rebels and called for “transparent” monitoring of the Norwegian-brokered truce. Rajapakse in his first policy statement […]
If they were President, 97% of Sri Lankan children will abandon war
If they were President, 97 percent of Sri Lankan children will abandon war for peace, shows island wide children’s poll. If they were President, 97 percent of Sri Lankan children will abandon war for peace, shows island wide children’s poll. The children of Sri Lanka – a tropical island that has seen nearly 20 years […]
UNP is claiming political victimisation of UNP supporters
Sri Lanka’s main political opposition, the UNP is claiming political victimisation of UNP supporters after Presidential elections.Sri Lanka’s main political opposition, the UNP is claiming political victimisation of UNP supporters after Presidential elections. The UNP told journalists on Thursday that hundreds of UNP supporters in state institutions – mainly the Ceylon Petroleum Corporation and the […]
Minister quits as Marxists, monks kept out of new Sri Lanka cabinet
Sri Lanka’s new president on Wednesday set up a 25-member cabinet which excluded hard-line allies from the Marxist and Buddhist monks, immediately sparking a resignation by a dissident minister. Sri Lanka’s new president on Wednesday set up a 25-member cabinet which excluded hard-line allies from the Marxist and Buddhist monks, immediately sparking a resignation by […]