UK has vacancies for actuaries, high integrity pipe welders, environmental scientists and geochemists. A British High Commission press release further said that the UK government recently accepted recommendations from the independent Migration Advisory Committee (MAC) for changes to the Shortage Occupation List (SOL). “SOL is part of the Tier 2 of the Points Based System [...]
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By Suketu Mehta In an exclusive interview, Raj Rajaratnam reveals his surprising motivations—and the reasons he didn’t take a plea that could have saved him from 11 years in jail. It was 6 a.m. on Oct. 16, 2009, and Raj Rajaratnam, head of the Galleon Group hedge fund, was at home on his exercise bike looking out over Manhattan’s Turtle [...]
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Citizens Development Business Finance PLC (CDB) continued its strong performance during the first half of financial year (FY) 2011/12 reflecting robust performance in all aspects of business. According to results released to the Colombo Stock Exchange (CSE) net Profit after tax for the review period recorded a figure of Rs. 241 mn. reflecting a 141% [...]
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The Award Ceremony of the Sampath Bank Essay Competition conducted by Leader Publications (Pvt) Ltd, will be held on Monday, October 31, 2011 at 2 p.m. at the Liberty Ballroom, Ramada Hotel (formerly Holiday Inn) located at No. 30 Sir Mohamed Macan Markar Mawatha, Colombo 03 and not at the Sampath Bank Auditorium per our [...]
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Defense Secretary Gotabhaya Rajapaksa says that despite accusations being made against Minister Mervyn Silva, one should keep in mind that he was elected by the people to parliament. In a live interview over ITN last week, Rajapaksa also dismissed accusations that he had close ties with MP Duminda Silva who was allegedly involved in the [...]
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Seylan Bank plc which had a high non performing loan (NPL) ratio of 32% at the height of the Golden Key credit card (then an associate company by virtue of both being members of the now defunct Ceylinco Group of companies) crisis nearly three years ago, has since brought it down to 12% (net NPL [...]
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A wild elephant ran amok yesterday damaging at least 15 vehicles and two houses in the Kekirawa area, police said. The elephant had made its way to the Kekirawa – Dambulla road and attacked vehicles passing by. According to the police the incident resulted in vehicles using alternative routes and the main road was temporarily [...]
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A mid size tea exporting firm is the latest company to cater to the local tea consuming market. Asia Teas (Private) Limited, a Sadaharitha Plantations Ltd. subsidiary will have its products initially sold in some key supermarkets, Sunimal Dabrera, a company director told reporters on Tuesday. He said that their entry into the local market [...]
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By Maryam Azwer Interim measures are being taken to meet a potential challenge to the Bandaranaike International Airport’s current handling capacity, said the BIA’s Head of Airport Management, Senarath Hettiarachchi. “We have already made arrangements to increase the number of check-in counters and boarding gates,” Hettiarachchi told The Sunday Leader yesterday (29). “The problem is, [...]
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