Wednesday, September 26, 2007
 
Let’s get down to business!

President Mahinda Rajapaksa is given a first hand account on issues the private sector experiences by some of Sri Lanka’s leading businessmen during a meeting with the President last week at Temple Trees, just days prior to Rajapaksa’s departure to New York. Here from left Minister Karu Jayasuriya, President Mahinda Rajapaksa, Minister G.L Peiris, CEO of Colombo Dockyard Mangala Yapa, CEO of Orange Electric Ananda Rajapakse, Chairman of Tudawe Constructions Rohan Tudawe, Chairman of MJF Exports Merril Fernando. Seated in the back row from left; Chairman of Jinasena Ltd, Nihal Jinasena, Chairman of Access Ltd Sumal Perera, MD of Galle Face Hotel Sanjive Gardiner, CEO of NDB Bank Eran Wickremaratne, Chairman of Phoenix Advertising Irwin Weerakkody. Also present at the discussion were Minister Milinda Moragoda, Treasury secretary Dr. P.B. Jayasundera and Governor of Central Bank Ajith Cabraal.


Click to enlarge


TOP STORIES
Govt. failed to arrest rising CoL admits Mahinda
Basil to get Samurdhi portfolio too
UNP hits out at JVP, JHU for pumping oxygen into the Govt.
FM recalls several key Ambassadors
Distilleries says cheers with Forbes 200 Best Under A Billion inclusion
AG to intervene in Malaka’s case
Ranil giving Gota a ‘hard time’
Editorial
Succeeding the balancing act of women
Female accountants seek flexible hours...
HR Professionals to steal limelight at “HRM Awards 2007 – Super 10”
Women majority in reshuffled Norwegian govt.
Hayleys Consumer, Fujifilm promises spectacular offering at ‘Image Today’
Sharp buys 14% stake in tie up with troubled rival Pioneer
Call for strategic response to disaster from tourist industry
Spence excited over global accolade for Tea Factory
Emirates sweeps top 3 In-flight entertainment awards
Inbound Tour Operators elect new team
Tourist Aid Station “Diyapahasa” opened at Belihuloya
Trans Asia’s Long Feng reawakens with finest of Singaporean fare
HRC puts pressure on Govt. over rights abuses
Lanka’s HR record to be reviewed
Minister blames mafia in Education Ministry
UNP wants CMC disbanded
Kill Commissioner General of Prisons - LTTE orders
Rizana awaits appeal
Sri Lanka violence leaves 16 more dead
LTTE calls for international pressure on Sri Lanka
 


Click to enlarge

 


Contact us:- Editor The Bottom Line

 

Mihin Air flying the rich

Founded as the carrier for the poor, the state owned controversial Mihin Air is fast flying the rich and the newly rich at the expenses of public funds.

The growing allegation regarding Mihin Air is fuelled by some of its latest destinations as well as what industry analysts describe as “suicidal pricing.”

More....


IFC rings US$ 100 m boost for Dialog Telekom
ICICI Bank braces to replicate its Indian success in Sri Lanka
NDB Bank trailblazes with interest free loan
Investors concerned by lack of audit choice
But three in “Big Four” dominate top employer list.
CB puts off policy review release twice
LOLC saves cost, boosts communication through
tie up with SLT
DFCC Vardhana Bank boosts Homagama business community
ICICI Bank to actively promote local Masterminds
Colombo International Book Fair 2007 banks with Sampath
Ravi K poses moral and ethical query over HSBC’s role in Govt’s US$ 500 m Bond
Maldives Govt. draws flack over commercial borrowing from HSBC
CSE workshop on market microstructure and derivatives
Financial Reporting Review Panel finds ‘good level of compliance’ in accounts
IFRS ‘not simple enough for SMEs’...
Maldives to go for sovereign rating
Eagle launches Aviva IFS Global Health Insurance in Sri Lanka
Ceylinco Insurance brand strength worth Rs. 6.5 b gets AA- rating
Asian Alliance Insurance ties up with the 14th Sri Lankan Master Minds
Top rating for Allianz in Dow Jones Sustainability Index
Ceylinco Life policyholders take Singapore by storm
WB Group directs $34.3 B globally in 2007 to boost growth, overcome poverty
WB Group commitments to South Asia up by 50% in Fiscal Year 2007
Capital flows and financial markets in Asia
Global financial crisis to have ‘far-reaching’ impact: IMF
Audit committees need to improve IT risk issues
Finance firms failing in information security
CMA seminar on financial, accounting aspects in New Companies Act
Thai firms have 1 year to update CG
ACCA-SLT HighQ quiz to be catalyst in broadening horizons in education
ACCA says general support for SME proposals
Israeli government ‘wants lessons in IFRS’...
Commercial banking at the bottom of the Pyramid


What's Inside  
Bribery Commission to probe into COPE allegations Young diplomats earn Edexcel BTEC international qualification through SLT
Go to the North and capture it – UNP challenges Government Best Corporate Citizen 2007 awards: Selection draws near
No more slums in Colombo Union Assurance launches unique CSR effort “Union Neth Hamuwa”
Planters’ Association calls for commitment of all stakeholders Orange Electric donates Rs 6 m eye equipment to Kurunegala Hospital
Spice industry of Lanka: Past success and future prospects 35 students get schools under Unilever Sunlight Saubhagya
India, Lanka discuss ‘vanaspati’ export issue Dialog gifts digital hearing aids to School for the Deaf
Delhi University’s GM mustard gets process patent rights AFLAC, SIRASA Library Project
The Basil factor Singer employees help needy elders
Power and Petroleum – the silent economic saboteurs GlaxoSmithKline Sri Lanka’s First Pharmaceuticals ‘Business Superbrand’
Tiger on the run Food & Nature promotes range of herbal tea in bags
World economy more favourable for developing countries now Elephant House trail blazes with Lanka’s first ever sugar-free ice cream
Beleaguered by two “dirty words’ Asian Paints opens milestone 200th ColourWorld showroom in Sri Lanka
Should we export our labour? Dialog TV beams Set Plans
Oracle Database 11g unveiled Rajabdeen — Moors SC President in Centenary Year
Creating awareness in government on Information Security New Youngs in Kit Premier League semi-final
Intel launches new Open Source Project ‘Lesswatts.Org’ Rain plays havoc with Mercantile ‘G’ division cricket tournament
AMD introduces world’s most advanced x86 processor Schools Boxing Association devalues Stubbs Shield
Wireless communication to drive voice market in Lanka says IDC ICC should learn short game lessons
Mobitel launches SMART Share for pre-paid users SriLankan Airlines dominate Travel Trade badminton
Tigo and RIM launch BlackBerry solution in Lanka Confident Lanka take on Tamil Nadu in Gopalan trophy
Mobitel flies high with Sri Lanka Air Force Petes through to President’s Trophy Final
  Bandara to play against England