ISSN: 1391 - 0531
Sunday, November 12, 2006
Vol. 41 - No 24
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Financial Times
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Wijeya Pariganaka
Financial Times

VAT changes in Budget
Sri Lanka’s business community is widely expecting adjustments in this week’s budget to the VAT system, a move that could raise taxes, costing more to the producer and in turn to the consumer.
Livelihood development project for tsunami victims
By Sinniah Gurunathan

Tsunami affected beneficiaries in five divisional secretariat divisions-Kuchchaveli, Trincomalee Town and Gravets, Muttur, Kinniya and Eachchilampathu in Trincomalee district recently exhibited their products manufactured under the livelihood projects at the specially set-up "Market Place" held in Trincomalee Town Hall.

Strategy- Lifeline of a company or just a yawn?
For some people the word strategy is just a prehistoric relic that bears no importance in the contemporary business life. Mintzberg, Porter, Schein, Hamel – even Sun Tzu – have all dwelled on the topic of strategy for such a long time, that we don’t have to care about it anymore. For some, strategy is just a concept among the management fads.
Local banks looking at India
Sampath Bank along with other Sri Lankan banks would jointly look at India in a possible joint venture instead of venturing alone due to stringent licensing procedures, Anil Amarasuriya, Managing Director/CEO, Sampath Bank told The Sunday Times FT. When the Comprehensive Economic Partnership Agreement (CEPA) is in place, a couple of local banks, together with Sampath Bank will explore the opportunitities.
Living with violence
Some stock market investors, weary but accustomed by the war, are partly the reason for the recent boom at the Colombo bourse by realising that the conflict is there to stay – at least for another 20 years.
GoldQuest-affiliate’s takeover of Ferntea illegal
Asiri resisting Harry J
Tea Board Chairman ignoring a presidential order
‘Branding’ the patient
VAT and the Budget
What you need to know about insurance
More rules to rap insider trading from SEC
Cinnamon Grand earnings up
Dialog’s mobile etiquette campaign
Bernards wins Sainsbury’s Best Performing Supplier Award
Hayleys post-tax profit up 56% to Rs 689 m. in 1H 2006-07
MBSL’s highest profit in 25 years
Sri Lankan elected to the ACS Branch Executive Committee
Queens Radio and Television Corporation completes 50 years
SMB Securities begins equity & debt trading
Commercial Bank posts robust 9-month performance
Professionalism at UAL
UNP concerned about the economy
CBL consolidates in agri-food industry
Asian Cotton Mills planning to develop and divest
Shareholder questions JKH’s increased stake in SAGT
Gamma irradiation facility at Biyagama
NTB profits up, growth momentum continues
EDEX 2007 to help Lankan job seekers
Emirates’ half-year performance hits new record
Charity concert for Trinco day care centre
First South Asian Capital Markets Conference in Colombo
Haycarb recovering from tough year-2005, posts modest profit
Chilaw Plantation making good profits
Norwegian firm in oil drilling ops in Sri Lanka
Creativity’s role to raise awareness
HNB CEO attends ABA technical session in Taipei
World Bank rhetoric and Chintana-nomics
Daru Sevana- caring gift from PricewaterhouseCoopers
Investors say no support from authorities
Hail the courage and new paradigm of Capital M
Better care of your AV equipment - Part 1
VAT refunds and the export crisis
Certified Management Accountants to get recognition as auditors
Aitken Spence hopes new political alliance will bring peace
Stock market zooms but bubble could burst
HSBC structuring $100 mln syndicated loan for BOC
Lanka slides down on CPI: Cause for alarm
Rs 600 million apparel industry hub in ‘07
Pay your taxes or else – warns IRD

Copyright 2006 Wijeya Newspapers Ltd.Colombo. Sri Lanka.