Daihatsu has revealed a new crossover at the Gaikindo Indonesia International Car Show which is likely to turn-up as Toyota’s new B-segment crossover in New Zealand. The FX concept is effectively Daihatsu’s third-generation Terios designed to go head-to-head against the Honda HR-V and Mazda CX-3 in the exploding compact crossover segment. The FX breaks away…
Colombo Bourse declined for the third session breaking the 7,300 support as blue-chips slid on profit taking and foreign selling. The benchmark All Share Price index shed 58.36 points or 0.8% to end at 7,240.39 amid profit taking. S&P SL 20 index lost 27.42 points or 0.68% falling below the 4,000 mark to end at…
A large number of Sri Lankan products exported to India receive duty-free access under the IndiaSri Lanka Free Trade Agreement(ISFTA). However, these benefits are undermined by the existence of Non-Tariff Barriers (NTBs). One significant NTB facedby Sri Lankan exporters (especially food exporters)is the additional costs and delaysat the Indian port of entry resulting from products…
A programme has been launched to train one hundred thousand persons and recruit them for employment by 2020 as a solution to the severe shortage of skilled workers in Sri Lanka’s construction industry, said National Construction Association of Sri Lanka chairman Sunil Liyanaarachchi. Accordingly, 10,000 would be recruited for training as an immediate measure and…
First they changed their name, now they’ve changed their logo. Google introduced a new sans-serif and slightly toned-down four-colour logo on Tuesday in the biggest redesign since 1999. Google said the new design would soon be seen across all its products. Google’s homepage introduced the redesign with an animation that wiped away the old logo…
Nadal’s ad for Tommy Hilfiger shows him happily baring all, while Serena Williams is celebrated for her athleticism. Sexual objectification in sport seems to be crossing genders. After de-robing in the locker room for a shamefully brief 30 seconds, Rafael Nadal looks over his bare, perfectly tanned and muscled shoulders—which connect to the bare and…
• By Uditha Jayasinghe Sri Lanka’s tourism industry has been riding a record-breaking surge of Chinese tourists, which has helped fuel a building boom of new restaurants, resorts and casinos. With China’s economy now stumbling, industry insiders in the South Asian island nation are wondering whether the five-year old wave is about to recede. “We…
Former Central Banker, Dr. Anila Dias Bandaranayake has been chosen by the Ceylon Chamber of Commerce to head the evaluation panel of the ‘Best Corporate Citizen Sustainability Award 2015’, which is now in the process of accepting applications from prospective companies. Bandaranayake, a former assistant governor of the Central Bank has also functioned as the…
Colombo bourse extended the losses for the second consecutive session as foreign investors resumed selling amid concerns over bleak outlook in emerging markets. The inaugural sitting of the 8th parliament failed to uplift the domestic investor sentiment and the wait and see approach of investors caused the ASI to retrace to the support level at…
While delivering the government’s policy statement in Parliament this afternoon (01 September), President Maithripala Sirisena made a request from intellectuals who had left Sri Lanka for greener pastures to return to the island and serve their motherland. He added that a red carpet welcome awaits those who thus return to Sri Lanka. Apart from this,…
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