The Euro Sports a subsidiary of Micro cars imports and sells Lamborghini cars for Rs. 91 Million after Taxes and Euro cars profit.
The Lamborghini car’s original cost is about Rs. 25 Million from Manufacturing company and government taxes would be Rs. 65 Million for each car. And Euro Sports will gain profits of Rs. 1 Million and total final price would be Rs. 91 Million for Sri Lankan.
And the Chainmen of Micro cars stated that only 2 Lamborghini car owners in Sri Lanka which is motor Sports Champion Dilantha Malagamuwa and another businessman. But both of them own cars before Micro starts selling Lamborghini in Sri Lanka.
The Government will allow the import of high powered motorcycles -from 450 cc to 1001 cc — upon payment of duty.
The decision by the Cabinet of Ministers overturns objections earlier by the Police that they did not possess such high capacity motorcycles to cope with an influx.
Ministers have decided to lift the restrictions imposed on the import of high powered bikes up to 1001 cc. They can now be imported legally and registered with the Department of Motor Traffic.
Last year the Government granted permission to register motorcycles with high capacity engines only for sports purposes. The approval of the Secretary to the Ministry of Defence was needed for such imports. Prior to that, the import of motorcycles with a capacity higher than 350 cc was banned.
Earlier, the police had expressed concern over granting of permission for high-powered motorcycles as they could be used for criminal activities and they could escape as the police did not have such powerful bikes. However, recently, the Police imported some 230 bikes of 600 cc capacity. But most of them have been distributed in and around Colombo.
ABA Srilanka organised a Lion’s Cup International Boxing tournament 2014 from 28th April to 2nd May 2014, with the participation of 10 countries of Australia, Belgium, Chinese, Taipei, Indonesia, Korea, Malaysia, Philippines, Singapore, Sri Lanka and Thailand.
Those who are interest could visit for the observation at Sugathadasa Indoor Stadium 3.00 Pm onwards, for more details see below image
Constructions on the Eco-park in Kahapola, Piliyandala ceremonially commenced last week with the participation of Botanical Gardens and Recreation Minister Jayarathna Herath and Labour and Labour Relations Minister Gamini Lokuge as Chief Guests.
The project was undertaken by the National Zoological Department with the aim of developing tourism. The Eco-park consisting of 77 acres of land area would be opened to the public in 2015. It comprises a conservation centre of indigenous fauna and flora, a breeding and research centre for endangered species, an entertainment centre for children and water sports facilities centering the Bolgoda Lake.
In addition, the Park would also consist Souvenirs stalls, a Cafeteria and a Cable Car Service. An investment opportunity for the private sector is available for these purposes as well as for boat services.
Now you can get a great chance see and participate the off road challenge -2013 Conducted by corps of engineers Sri Lanka Army In collaboration with four wheels drive club in Sri lanka. Witness the extreme excitement of Local and foreign man and machine on Sunday 13th October 2013 From 09.30 am onward at Sri lanka School of Military Engineering Tunkama, Embilipitiya.
The Upcountry Education Development Society organise an Upcountry Education Development Socitety Prize giving ceremony and mega cricket tournament at P.Sarawanamuthu International Cricket Stadium at 4.00 Pm onwards.
Tillakaratne Dilshan will be chief guest for the event.
The CMA Sri Lanka was sets up with the technical support of CMA (Canada), and Financial Sponsorship of the Canadian International Development Agency (CIDA). And it is an Ministry of Trade approved institution in 1999 to set up the Society of Certified Management Accountants of Sri Lanka.
The CMA Sri Lanka with an industrial advisory committee with the flagship businesses in Sri Lanka to ensure the quality of Professionalism of CMA Srilanka. Such as
Hatton National Bank Ltd.
George Stuart & Co. Ltd.
Singer Sri Lanka Ltd.
United Tractor & Equipment Ltd.
Ceylon Theatres Ltd.
Ceylinco Insurance Co. Ltd
Ceylon Tobacco Co. Ltd.
Hemtours (Pvt) Ltd.
Ready wear Industries Ltd.
Lanka Orix Leasing Co. Ltd.
Aitken Spence & Co. Ltd.
Gestetner of Ceylon Ltd.
Finco Group of Companies
Tokyo Cement (Lanka) Ltd.
United Motors Lanka Ltd.
Akbar Brothers Ltd.
People’s Merchant Bank Ltd.
Dipped Products Ltd.
International Distillers Lanka Ltd.
A candidate who has one of the following qualifications could register as a Student.
For English Medium
a) Two passes at the G. C. E. Advance Level examination together with a Credit Pass in English Language and a simple pass in Mathematics at the G.C.E. O/L Examination
For Sinhala / Tamil Medium
(b) Two passes at the G. C. E. Advance Level examination together with a Simple Pass in English Language and Mathematics at the G.C.E. O/L Examination
(Up to now Not applicable to students following course online)
A relevant Degree of a University of Sri Lanka or any other University approved by the council of the Institute.
Membership of the Sri Lanka Government Accountants Service.
Final Examination of the Institute of Chartered Secretaries & Administrators, U.K.
Final Examinations of the Institute of Financial Accountants, U. K.
Final Examination of the Association of the International Accountants, U. K.
Final Examination of the Institute of Bankers of Sri Lanka, London.
Final Examination of the Chartered Institute of Marketing.
Foundation Examination of the Institute of Chartered Accountants.
Part qualification of professional, university, vocational and other qualifications will be considered on a case by case basis.
AAT Stage 2.
Final examination of the International Association of Bookkeepers (IAB).
A candidate who has passed any of the examinations indicated in the “Exemption Policy” is eligible to register as a Student.
Candidates who do not have credit passes in English and Mathematics at the G. C. E. O/L but have secured subject passes in Business Communication and Business Mathematics in another Professional or University examination will be able to register as a student provided other entry requirements are met.
Medium of Instruction – English/Sinhala/Tamil
The medium of instruction and examination for Professional I & II will be only in the English Medium.
And Technician Stage & Intermediate Stage could follow in any languages of English/Sinhala /Tamil
Mode of Study
Students are recommended to follow lectures at Institutes Accredited by CMA to sit for examinations conducted by CMA. They could also do self study.
CMA makes available study material for each of the subjects and these are available for sale at the Secretariat.
Registration is the first step to become a student of the Institute of Certified Management Accountants of Sri Lanka. Only registered student may sit an examination of the Institute. Registration is open throughout the year. However those who wish to sit the May examination should register on or before 31th January of the previous year, and for November examination, by 31stJuly in that year.
However, students who wish to follow the course online will have to register with CMA at the time of joining the online program.
For the year 2013 (with effect from 10.11.2012)
New registration & subscription
New registration & subscription
The Society’s course of study consists of the following four stages:
Professional I Stage
Professional I I Stage
Course Title/Subject Title
Hours of Exam.
Financial Accounting Fundamentals
Management Accounting Fundamentals
Economics & International Business
Financial Accounting & Reporting
Advanced Management Accounting
Managing People & Organization Management
Business & Corporate Law
Professional I Stage
Advanced Financial Accounting & Reporting
Strategic Business Management
Operations Management & Marketing
Information Technology Management
Professional II Stage
Strategic Financial Management
Strategic Management Accounting
Internal Control & Risk Management
Examinations are held twice a year in March and September. Results will be released within 6-8 weeks of the date of conduct of examinations. Detailed results will be notified to all candidates by post.
for more information visit CMA Sri Lanka by Click Here
The Government is looking forward to agreeing to Imports 1000cc Motorcycles for the Sport purposes in Sri Lanka. And this is good news for the sports person to experience the high power and perform motor cycles to their sports activities.
The Police Traffic Chief Amarasiri Senarathne states that the motorcycles were not to be allowed on public roads. Due the high powered motor cycle could lead to criminal activities in public area, where the police do owned motorcycles only upto 600cc engine capacity to cope to obey traffic rules and regulations.
Currently only 2 1000cc motor cycles are available only on southern expressway for traffic police duties.
This April, Nuwara Eliya will pulsate with energy as thoroughbreds compete for prestige, the premier event of the season. Feel the adrenaline rush and anticipation as it spills from the tracks on to the roaring crowd, on all round annual celebration showcasing the best of fashion, cuisine and entertainment with plenty of prizes and surprises.
15th April- Governer’s Cup
20th April- Sun Quick Cup
Limited Prestigious event sponsors and Sponsorship for highlight fashion show available. To become a member of this prestigious club log onto srilankaturfclub.com
If you are a Royalist or Thomian, it’s your time to cheer your Teams and meets your Friends at Royal –Thomian Cricket Match 2013 on 7th , 8th and 9th March 2013.
Members could reserve tickets by forwarding a cheque for Rs. 5,000.00 drawn in favour of “Royal – Thomian Stallions” crossed Account Payee together with their NIC Number and an address to be used for delivery of tickets to
The Department of Motor Traffic informs that the vehicle comprise number ranging from 18- to 302 – and vehicles were brought from auctions from the arms forces could be re-register with English Number .
The DMT would be charge Rs. 25,000.00 for these services as conversion fee for this one day service.
Several roads near Galle Face and Colombo Fort will be closed from 6.00 PM today (14th December 2012) and tomorrow in view of Colombo Night Race 2012.
Chaitya Road beginning from the Habour, Janadhipathi Mawatha from Bank of Ceylon Mawatha Junction, Clock Tower from Roundabout, Regal Roundabout, Ceynor Junction and Galle Face Roundabout will be closed for vehicular traffic from 6.00 Pm today and tomorrow.
The Motorists are advices to use alternative routes for their transports.
Nothing beats the experience of watching an action packed cricket tournament than catching it live from a great vantage point. Don’t Miss your chance to see two of the world’s Biggest Cricketing nations betel it out from the best seats in stadium.
Angelo Mathews was appointed captain of Srilanka Twenty 20 Cricket team for 1 year including upcoming New Zealand tours. he was Vise Captain for Srilanka Twenty 20 Cricket till last Twenty 20 World cup held in Srilanka.
The Bread Talk Srilanka introduces new Pack for this cricket fever season as “Cricket Family Pack Special” with 16 Delicious Buns with 1.5 Liter Coca Cola.
The total package comes to you for Rs. 2,200.00; the first 500 Persons to purchase the family pack from 18th September 2012 will receive a FREE commemorative bat autographed by Mahela Jayawardene and Kumar Sangakkara.