Toshiba buy 60% of British nuclear firm

Japan's Toshiba said Wednesday it would buy a controlling interest in British nuclear firm NuGeneration as it tries to rekindle an atomic business hammered by the 2011 Fukushima crisis.

The engineering giant said it had reached a deal with NuGeneration's owners -- France's GDF Suez and Spain's Iberdrola -- to take a 60 percent stake in the firm, which plans to build nuclear power plants in northwest England.

The purchase was worth about 102 million pounds ($167 million), but it was "subject to adjustment", Toshiba said without elaborating.

Toshiba's Tokyo-listed shares jumped 4.54 percent to 483 yen in early afternoon trading.

After closing the deal, expected in the first half of the year, Toshiba will hold the majority stake in the British firm, while GDF Suez will own 40 percent. The French and Spanish firms each currently hold a 50 percent share of NuGen.

- See more at: http://dailynews.lk/business/japans-toshiba-buy-60-stake-british-nuclear-firm#sthash.ljlbYF2S.dpuf

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Safari Tab - 19,990/=

Safari Tab introduced by greentel

1.2 Ghz Dual Core Processor, 1GB RAM, 8GB Internal Memory

7" inch capacitive OGS Display, 3G, HSDPA, Dual Sim, WiFi, Gravity 

Camera

Rear Camera - 2MP

Front Camera - 0.3MP

Opreating System

Andriod 4.1 (Jelly Bean)

Free Issue

Leather Pouch with Key board

Price:- 19,990.00/=

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Commercial Bank ATM converts foreign currency into Rupees

The Commercial Bank of Ceylon has installed an automated teller machine (ATM) that converts foreign currency into Sri Lanka Rupees at Crescat Boulevard, one of Colombo’s leading shopping malls and can be used anyone.

Located on the walkway between Crescat Boulevard and the Cinnamon Grand hotel, the ATM accepts US Dollar and Euro currency notes and issues their equivalent in Sri Lanka Rupees, making it convenient to many customers, particularly tourists.

Customers could change between US$ 10 or EUR 10 upto a maximum of US$ 200 or EUR 150.

“This foreign exchange ATM does not require an ATM card, and can be used by tourists and the public in addition to customers of Commercial Bank,” the Bank’s Chief Information Officer Rohan Muttiah said in a media statement.

He added that Commercial Bank intends to install more of these ATMs in selected key locations particularly for the convenience of the growing number of foreign visitors to Sri Lanka.

In addition to converting foreign currency, the unit also provides standard ATM services.

The largest private bank in the country, Commercial Bank operates a network of 232 branches and services points and an ATM network of 585 terminals, the largest electronic cash dispensing facility owned by a single bank in Sri Lanka. The bank is also the most awarded financial institution in the country.

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Suzuki ALTO 2013

AMW introduces brand new Suzuki Alto 2013 in Sri Lanka, and also gives more attractive offers like exchange. 

• The new Suzuki Alto 2013 is a complete model change from the previous popular version. 
• The car is manufactured using Japanese technology 
• Has a host of new standard features and comes in six colour variants, 
• With interior options of grey or brown.
• The car offers a 796cc engine that accelerates from 0 to 60kmph in only 6.4 seconds.
• The new model also gives best-in-class mileage of 22.74kmpl as certified by test agency under rule 115 CMVR.

AMW Group Managing Director Samantha Rajapaksa says this would be an ideal opportunity for everyone to experience this ‘Premium Car’. “The new Suzuki Alto 2013 comes with an array of features for a surprisingly competitive price tag. We welcome everyone who’s looking to buy a car that offers the best value for their money, great features, and superior service to visit our showroom and see for themselves what this new car has to offer.”

He added: “We believe that the new Suzuki Alto 2013 will surely become the ‘Premium Car’ in the under 1000cc category.”

“They can also go for a test drive to get a first-hand driving experience. Several company representatives will be present to answer all questions related to the new model such as its new features, technical specifications as well as possible payment plans for purchase. In addition, there will be other interesting activities.”

AMW is the current leader in the motor industry in Sri Lanka, representing established international brands such as Nissan, Suzuki and Suzuki Maruti and a diverse range of automotive services.

With over 60 years of experience in the transport industry and operating in partnership with UAE-based global conglomerate, the Al-Futtaim Group, AMW is also one of the leading multinational automotive Groups in Sri Lanka.

Suzuki ALTO 2013 Introductory Price Rs.1,980,000/= (All Inclusive)

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Electricity bill hike from 20 April

Electricity Price hike every Sri Lankan faces unexpected worries. May first every trade unions celebration May day but price hike change as April first (April Fool).

Sri Lanka Electricity Price hike method

Below table show how much increased until 90 units (for Example you consume 0 - 30 units increased by 2 rupees) and also how much of rupees decreased your electricity utilization after 90 units (for example you used 210 unit your gain 12 rupees)

Different Between Before calculation method from Now

Before your electricity bill consist rational allocated method that means first thirdy units 3.00 and another thirty unit 4.70. you are using 51 units {(30X3)+(21X4.70)=188.70) method this is not now, new method single Price that means you are using 51 units only six unit per unit (51X6=306.00)

Structural Change of your Electricity bill

 Increase your Electricity bill below your using more than 90 units as mean 91 unit your bill increased by 126%. 

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Gold Price down more

Gold Price slash start another economic problem after the 2012 gold prices go down. This week  price per 100oz is $1363, down over $200 since Friday's open.

Why this down

In any market, price is determined by the confluence of demand and supply. In many respects  supply of gold is relatively fixed. We know the extent of discovered gold reserves and the rate of production. While Cyprus is being forced to dump "excess" gold in order to meet the ever escalating bank bail-out bill, its whole holdings are worth only $750m, hardly enough to move one of the worlds deepest and most liquid markets to this degree.

How to solve Banks

Bank gives loan against gold, now gold value down banks seeking another way because gold down less than bank loan amount so public not interest to recover her gold due to see want to pay more like (Capital + Interest)

Only sentimental families recover her gold others not 

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Central Bank middle income trap

Yesterday Sri Lanka Annual Report - 2012 officially published, that function held on review of Economic growth and also strength. Sri Lanka Gross Domestic Product (GDP) 6.4% 

Central Bank Governor Nivard Cabraal yesterday listed 10 key suggestions from the Central Bank if Sri Lanka were to avoid what is called the middle income trap by developing economies.

Lanka finished 2012 with a per capita income of $ 2,923 and is aspiring to reach the figure of $ 4,000 by or before 2016. Noting that the five hub concept + tourism strategy introduced by the ‘Mahinda Chinthana’ would be key to avoiding the middle income trap, Cabraal suggested the following:

1. With external sector becoming more dynamic, active management of foreign currency flows

2. Lowest unemployment rate will pose challenges yet must be maintained or improved

3. Poverty alleviation and inclusive growth has been given priority but this effort needs to improved constantly and consistently

4. Serious commitment by the Government towards sustainable fiscal consolidation must be continued

5. Favourable management of public debt with a target of 65% of GDP by 2016

6. There is greater space for significant improvement in the domestic investment and national savings ratios

7. Developing alternative sources of funding amidst expanding financial sector

8. Greater improvement in labour productivity and innovation

9. Continued focus on massive infrastructure projects to help enhance capacity

10. Further improvements to investor confidence levels

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Banking secor play Women life promotion

Now days women lead world in every think like political, Economics, IT industries, and also cinema. We hope after the globalization world economic trend helps women become in the world. Sri lanka women plays important roles in Country economic in tourism, Germans, IT industries, politics ect.

After indoor war north east women faces many difficulties not only north east women around the country faces this problem due to war hill income earning men. (Husband, Father, Brothers,...) so Sri lanka government seeking new way to promote women life standard, this is very difficult task but government achieve dynamic target.

How is it possible?

Every one seek how to achieve this is task, Sri lankan government policies and government, non government organizational activities help to achieve this this goal.

Promote women life and Banking / Financial Sector Performance

Sri lanka Banking / Financial Sector play important role in women life, provides employments, provide financial assist, special rate loans.

Here we see what are the benefits from banks.

Name of  Institution	Account                                Name	Benefits
Commercial Bank	Anagi	A special higher interest rate A "members only" pass book with the ‘Anagi’ brand logo An attractive 'Anagi' Shopping Debit Card
Peoples Bank	Vanitha Vasana	You will also be entitled to a Credit Card at a concessionary fee Vanitha Vasana's loan facility Special offers for overseas travel from People's Travels (Pvt) Ltd.
NSB	Sthree	A gold sovereign for 40 lucky winners A cash prize of Rs. 25,000/- as a wedding gift. Free "prarthana" certificate with a face value of Rs. 100,000/- for a one baby Interest concession on pawning advances ATM / Master / Visa Shopping Card facility.

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Apple, LinkedIn push tech stocks to late gains

Technology stocks posted solid gains Friday, as Apple Inc., LinkedIn Corp. and AOL Inc. fueled positive sentiment that drove most of the sector higher heading into the weekend.

The Nasdaq Composite (US:COMP) gained 29 points, or nearly 1%, to close at 3,194. The benchmark ended the week with a 0.5% gain.

The Philadelphia Semiconductor Index (US:SOX) rose 1.3% and the Morgan Stanley High-Tech Index (US:MSH) edged up about 0.7%.

Apple (US:AAPL) traded up 1.4% to close at $474.98. Analysts are speculating that the company may consider returning more cash to shareholders following its statement Thursday that was given in response to a lawsuit by hedge-fund manager David Einhorn.

The company has maintained that it is sticking by its proposed amendment on its proxy statement to eliminate the ability to issue so-called “blank check” preferred stock without shareholder approval.

LinkedIn (US:LNKD) shares jumped 21% to close at $150.48 — putting the stock at a new high and nearly double its market value at this time last year. The professional social network blew past Wall Street’s targets for the fourth quarter and issued a forecast that was also above analysts’ estimates. See: LinkedIn crushes targets; shares jump

Gene Munster of Piper Jaffray lifted his price target on the stock to $176 from $150, writing in a note that the company “is still in the relatively early stages of fully monetizing its professional network asset and that the company has the path to continue to grow in the mid-double-digit range for at least the next three years.”

AOL (US:AOL) shares rose 7.4% to close at $33.72 after the company reported a 57% jump in net income for the fourth quarter, with revenues above analysts’ forecasts.

Videogame publisher Activision Blizzard (US:ATVI) jumped 11% to close at $13.41 following its own better-than-expected results. Analysts from Macquarie Capital and Sterne Agee upgraded the stock to the equivalent of buy ratings. See: Activision hits big ahead of challenging year

“With the initial 2013 guidance now official, continued strength in core franchises, a solid pipeline of new IP, and the increased likelihood of a more shareholder-friendly capital structure, the next catalysts for Activision are likely positive, in our view,” wrote Ben Schachter of Macquarie in a note to clients.

One notable decliner was Riverbed Technology (US:RVBD) , down nearly 18% to close at $16.56 after reporting a sharp drop in profit and disappointing outlook. Daniel Ives of FBR Capital downgraded the stock to a market perform rating following the results.

“While we had some concerns initially around the OPNET acquisition (October 2012), it appears Riverbed has an even tougher road ahead than we previously thought due to integration issues related to the acquisition, coupled with headwinds on its core WAN optimization business,” he wrote.

Coinstar (US:CSTR) , the owner of the Redbox DVD kiosk business, shed 7% to close at $48.47 after the company reported a decline in earnings and an outlook below expectations. The company said its Redbox service is getting fewer new-release DVDs in the first part of the current quarter.

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Greece need More Euro - IMF

"There is a gap according to our preliminary projections for 2015-2016" of up to "€9.5bn," Poul Thomsen, the IMF's mission chief for Greece, told a conference call.

The EU and IMF have committed a total of €240bn in rescue loans to Greece since 2010, but with its economy entering a sixth year of recession it is still having trouble making budget ends meet, AFP reported.

"The IMF's policy is that the programme needs to be fully financed for the 12 months ahead... What is key is that the Europeans know there is a gap and they'll have to fill it," he said.

Meanwhile, an IMF report into Greece has concluded that "the rich and self-employed have continued to evade taxes on an astonishing scale and bloated and unproductive state sectors have seen only limited cuts".

"Moreover, labour has shouldered too much of the burden as lower wages have not resulted in lower prices, because of failure to liberalize closed professions and dismantle barriers to competition. While the economy is now re-balancing apace, this is happening mainly through recessionary channels, rather than through productivity boosting reforms. Meanwhile, the mounting sense of social unfairness is undermining support for the program," the report added.

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Facebook 100$ for Message to Mark Zuckerberg

In 2013 Facebook may be plan how to pick dollars from users. Because Mashable report that If you try to send founder and CEO Mark Zuckerberg a message on Facebook, you will pay $100.

There were sporadic reports in December of Facebook charging various people $100 for the service, but this is the first time we've seen it — and certainly the first time we've seen it applied to the founder.

Business Insider report that,

This morning, we tried to recreate this scenario, but it didn't work. We wrote and sent Zuckerberg a message and never saw the $100 offer. We aren't "connected" with Zuckerberg, either.

What's probably going on here is that Facebook was testing a version of a new feature we've been hearing about for a while now.

At the end of last year, Facebook announced that soon it would charge users $1 to send a message to someone they are not friends with on the service.

See, Facebook would like you to use its messaging service instead of email.

The problem with this plan is that traditionally, Facebook users have only been able to send messages to people they are "friends" with on Facebook.

To fix this issue, late last year, Facebook made it so anyone could message anyone on the service.

But this change opened Facebook users up to spam – something they aren't used to getting through Facebook messages.

So that's why Facebook wants to charge people a dollar to send a message; it's supposed to filter out spam.

Maybe what Taylor saw last night was another version of this plan – perhaps one where users can set their own price for how much it costs to reach them.

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Facebook Charge dollar? Not positive

Largest Social Website Facebook now moves revenue streams, After the Initial Public Offer (IPO) of Shares facebook faces unexpectedness threats so Facebook takes action time to time for solution threats. Now Face book moves some charges for this website users.

Why Facebook move like

The main think Facebook not adopts other social marketers, other word Facebook think only one   as Facebook so he offer New services bases on cost.  and not user friendly, Public not follow this rule they try to move where got free and best so they moves other social service tools.

Some Charges Made by Facebook

Facebook theme may be change because facebook theme says

"Facebook helps you connect and Share with the people in Your life"

Facebook moves some charges made from his users we can't says how many of them continues connect that services, Few days before facebook planed to charge  some dollars from his users

• If Facebook decided to charge 1 dollar per year to use, would you pay for it?

Youthink.com offer this question for the public opinion 74% of peoples said not paid. this is the 3/4 What next facebook lost his 3/4 of users or other wise free for end of world.  

Facebook Front Page

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SMS gift vouchers from Dialog

Sri Lanka’s leading telecommunication services provider Dialog Axiata PLC has launched the first SMS (Short Message Service) voucher in Sri Lanka which allows its subscribers to SMS a wide variety of gift vouchers to friends and loved ones while on the go.

Why This Offer?

Didn’t have the time to buy a gift voucher for a special occasion? Gone are the days when you worried over that missed opportunity. A solution tailor-made for just such an occasion is near at hand. 

Gift SMS vouchers are the perfect solution for today’s shoppers. Why? They are instant, convenient, fun, secure and not to mention environment friendly and since most people carry their mobile on them where ever they go, they also have their voucher in their inbox, resulting in a higher redemption rate.

There is nothing worse than going shopping and remembering that gift voucher stuffed in the back of the drawer. Using SMS gift vouchers from Dialog, you can simply go into your inbox and present the voucher in the participating businesses store or enter the reference on an online shopping cart or even forward the purchased SMS voucher as a surprise gift to friends and family.

How To check - Dail #289#

Potential users can view the vouchers available on the system by dialling #289#. Once the vouchers are purchased, the customer will receive a SMS voucher with the serial and PIN number, which on submission of the PIN number, customer can redeem the voucher and collect the goods.

Vouchers can be purchased by adding the transaction value to the Dialog post paid bill or deducted from credit on prepaid connection or even using Star Points. It’s as simple and convenient as that!

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Seyloan Bank Sign Partner PAYZA

Seylan Bank Plc has signed up with PAYZA paving the way for the setting up of the remittance platform worldwide. PAYZA a Canadian based, worldwide remittance company is one of the leading online payment platforms trusted by people in over 190 countries across the globe.

Commenting at the signing ceremony Mr.Kapila Ariyaratne GM/CEO Seylan Bank stated that Seylan Bank was delighted to partner PAYZA to facilitate the Sri Lankan diaspora overseas on an online remittance platform to Sri Lankans. Alby Abraham, Director PAYZA Asia Pacific was in Colombo to place his signature on the agreement for launching the service shortly.

Seylan Bank & Payza

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World Most Powerful Person - Putin

International think tank, Eurasia Group, has named the Russian President Mr Vladimir Putin as the world’s 2nd most powerful person.The first position has left vacant, realizing that,there is no proper leader for the world.

This list which is being published by the ‘Foreign Policy’ magazine, is prepared by considering the abilities of the persons who can singlehandedly bring about the changes which significantly affects the lives of large number of people.

Mr Ian Bremmer, the President of Eurasia Group indicates that, the first place was kept vacated since there is no true world leader while the persons who are in power are not facing the global challenges.

Mr Vladimir Putin has received the 2nd place due to the personalized system in the country, and influence the country wields in regional affairs.

Mr Ben Bernanke, the Chief of Special Federal Force has been placed on the third position due to the number of ways that he can influence the U.S economy, as well as the global economy, through it.

Mrs Anjela Merkel, the power which binds Europe, U.S.President Mr Barak Obama,President of European Central Bank, Mr Mario Draghi, and China’s new leader, Mr Xi Jinpin are the other individuals mentioned in this list.

Iranian Spiritual Leader, Ayatollah Khamenei,and Christine Lagrade the Managing Director of the International Monetary Fund, have been tied for the 8th place.

King Abdullah Bin Abd Al Aziz,the ailing ruler of Saudi Arabia is on the 10th place due to his abilities to determine the succession of leadership in the hydrocarbon powerhouse.

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