ISSN: 1391 - 0531
Sunday, April 8, 2007
Vol. 41 - No 45
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Wijeya Pariganaka
Financial Times

Experts say good start but few gains

Diesel prices are seen rising despite the Ceylon Petroleum Corporation (CPC)’s oil hedging pact in February to cushion volatility in the global market, raising questions as to whether the government secured the most suitable option. Mangala Boyagoda, a well-known oil hedging expert, told The Sunday Times FT even though the government is on the right path with oil hedging, this particular hedging will not result in any significant change.

India, Pakistan flop has sponsors reeling

NEW DELHI, (AFP) - The stunning exits of Pakistan and India from cricket's World Cup has left one of the game's biggest sponsors reviewing its future in the sport and sent the advertising world into a tailspin. Giants such as Pepsi have had to rethink marketing campaigns centred around the teams, Indian advertisers are demanding cut-price television spots and in Pakistan the ad industry reckons losses will run into millions of dollars.


Sri Lanka on course to reducing poverty by half

Sri Lanka is on course to meeting its Millenium Development Goals with the exception of halving its poverty levels, according to Richard Vokes, Country Director for the Asian Development Bank (ADB). The Development Forum in Galle earlier this year was abound with discussions on the resilient nature of the country's economy which saw 7% growth in 2006 but Vokes emphasized that the reduction of poverty was still a major challenge.


Lessons for Sri Lanka from the British High Commissioner Take advantage of economic miracle in India

Sri Lanka should take advantage of the economic miracle taking place in India as the island nation is geographically very well placed to benefit from its giant neighbour’s stunning economic growth. The country has a market of over a billion people on its doorstep. But if Sri Lanka is to make the most of this opportunity, its governance and its economic and business policies will need to adhere to the values of civil organisations such as Chartered Institutes.


Avurudhu fireworks
Criticism over Rajapaksa’s currency proposal
One heavy annual report
Commercial Bank officers oppose merger with NDB Bank

VAT fraudsters before court in May

NDB Chairman planned to retire
Unconventional marketing - Comment
Business ethics and professionalism - Feature
India, Sri Lanka to open up service markets this year
Changing role of the corporate lawyer
Spice Council to attend US spice trade centenary celebrations
Ceramics sales to improve with new facility
Regional CSR strategy launched
CB growth figs under fire
New techniques to improve business skills
New British embassy ready by early 2008
Action Station web launch
Tertiary education beyond universities
MillenniumESP recognized for Customer Satisfaction Excellence
Motorbike loans from ICICI Bank
IATA wants Asia involved in environment debate
Sustainability reporting increases shareholder wealth
Powerful President a plus factor for Sri Lanka
National declaration on prevention of HIV/AIDS in Lankan offices
Internationalising Sri Lankan businesses
Coca Cola -- living the values
Caltex rewards good performances
Overseas Realty concerned over security zone
HSBC exhibition for schools in Sinharaja buffer zone
Media relations and issues management
Errant directors can be sued
Big time for LAUGFS, as it wins lubricant licence
Business news in brief

Copyright 2007 Wijeya Newspapers Ltd.Colombo. Sri Lanka.