U.S. poverty rate falls to 13.5 percent as median income rises: Census

The median U.S. household income rose last year – the first annual increase since 2007 – helping to push down the number of people living in poverty to 43.1 million, federal government data released on Tuesday showed. About 29 million...
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Syria truce mostly holds at start of second day, monitor says

A nationwide ceasefire was mostly holding across Syria at the start of its second day on Tuesday, the Syrian Observatory for Human Rights said. Some air attacks and shelling were reported in the first hours of the truce on Monday...
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‘I didn’t think it was a big deal,’ Clinton says of pneumonia bout

Democrat Hillary Clinton said on Monday she could resume presidential campaigning in a couple of days after a bout of pneumonia that she initially had not believed was “that big a deal.” Clinton’s health scare after she almost collapsed at...
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Samsung, LG sued over U.S. employee recruiting policies

Samsung Electronics Co Ltd (005930.KS) and LG Electronics (066570.KS) were accused of agreeing not to poach each other’s U.S. employees, according to a U.S. civil lawsuit filed last week, in what has become a familiar allegation in Silicon Valley. The...
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U.S. bombers fly over South Korea in show of force after nuclear test

Two U.S. B-1 bombers flew over South Korea on Tuesday in a show of force and solidarity with its ally after North Korea’s nuclear test last week, while a U.S. envoy called for a swift and strong response to Pyongyang...
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Canadian-Pakistani expert to head MTI’s Investment Advisory

MTI Consulting, as part of an initiative to scale up their corporate finance and investment advisory practice, has announced the appointment of Naushervan “Naush” Beg, a Canadian-Pakistani with formidable international experience in financial services, cap...
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North Korea ready for another nuclear test any time: South Korea

North Korea is ready to conduct an additional nuclear test at any time, South Korea’s Defence Ministry said on Monday, three days after the reclusive North’s fifth test drew widespread condemnation. Pyongyang set off its most powerful nuclear blast...
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NIBM charts strategic direction with MTI

The National Institute of Business Management (NIBM) selects MTI Consulting to develop a Ground Zero based six year Corporate Plan for the period 2016 – 2021 to strategist the institute’s future direction. Dr. DMA Kulasooriya, Director – Productivity Man...
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MTI links Cambodia to help Sri Lankan companies enter

The nascent stage and high growth of the Cambodian economy is attracting significant regional business interests and this provides Sri Lankan businesses an opportunity to be an early mover in the development phase of this fast emerging Mekong valley region....
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AVIC adds glitter to FACETS Sri Lanka 2016 by sponsoring it in the 26th Year

AVIC International Hotels Lanka Limited, a subsidiary of Chinese mega incorporation Aviation Industry Corporation of China (AVIC), the developers of super-luxury condominium project, Astoria that aims to set a new standard in the luxury living style of Colo...
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