Sunday Observer Online


Sunday, 22 July 2012


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Marriage Proposals
Government Gazette
Protest against rising crisis in the Eurozone

Lanka should woo Asian markets – Koshy Mathai

Sri Lanka could be affected by the Erozone crisis as the country has a substantial export exposure to Europe said IMF Resident Mission Head Dr. Koshy Mathai. “That's why we think the Central Bank's commitment to maintain and even build reserves, as well as keeping the exchange rate flexible is so important and commendable”,

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Non tariff barriers between SAARC countries, an obstacle

Non tariff barriers between countries in the SAARC region is the main obstacle for regional development said the Immediate Past President of the SAARC Chamber of Commerce and Industries (SAARC CCI) Annisul Huq. The trade gap between regional countries is huge.

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SDBL goes for 'micro justice'

Sanasa Development Bank Ltd (SDBL) has revolutionised the micro-finance sector by introducing 'micro-justice', which provides people legal education to deal with livelihood problems. The Bank has set up centres to assist people, especially among rural communities to ensure that they do not become victims of injustice. The Bank's aim is to empower the rural poor who do not have access to financial services.

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'Talent and contribution to business success vital'

Passionate, competent and talented employees can take an organisation to a new level, said Senior Vice President and Global Head HR, Taj Group of Hotels, H.N. Srinivas. Speaking at the International HR Conference (IHRC) 2012 on the theme, ‘Does Human Capital make the biggest difference to organisational sustainability’,

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Construction work resumes on Hyatt Regency

Sinolanka Hotel and Spa (Pvt) Ltd, the new public-private partnership re-launched the construction of Hyatt Regency Colombo hotel. A spokesman for the hotel said, “It will be the most modern hotel as well as the tallest building in Colombo city”. Chairman, Gamini Senarath said that Hyatt Regency, Colombo would add 475 hotel rooms to cater to the growing tourism sector and increasing demand in the city.

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Sri Lanka moves to 81 from 137 in WB index

Sri Lanka's logistics sector and its international ranking, has moved up from 137 to 81 in the World Bank logistics performance index 2012. The ratings are based on 6,000 individual country assessments by nearly 1,000 international freight forwarders, who rated the eight foreign countries their company serves most frequently.


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Social pensions, key to protecting elderly

As Asia's population ages, developing countries in the region should explore social pensions that provide cash benefits to vulnerable older citizens who are most in need of a safety net, according to a new publication from the Asian Development Bank (ADB).

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Asian Youth Games in H'tota will boost Lanka

Winning the bid to host the Asian Youth Games in 2017 in Hambantota will be a huge boost to promote Sri Lanka as a destination for tourism and sports, said Sri Lanka Convention Bureau (SLCB) General Manager and Acting Director General Sri Lanka Tourism Development Authority, Vipula Wanigasekera.

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