Last Updated : 23-08-2014 16:39

 
 

Business

Problem-solving teams – Best tool for gaining workplace productivity

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Last week we were talking about problem-solving teams. We noticed that these teams are temporary and short-term, focussed on one problem, meet occasionally for short periods of time, are cross-functional and comprise only a few members with relevant skills.

Unit trust: An alternative method of investing in stock market?

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Many investors have shown great interest in investing in the Colombo Stock Exchange. However, there may be some investors who don’t have time to follow the market as well as their investment. Today’s article will suggest an alternative method of investment for such individuals.

HSBC upbeat on Lankan growth trajectory

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The global banking giant HSBC has put Sri Lanka back in its good books over her accelerated macro-economic growth driven by supportive monetary policy and rise in exports, booming tourism, construction and manufacturing sectors and the perking up of capital market.

Asia shares mixed after US record, dollar dips

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Asian shares were mixed yesterday, following another record close on Wall Street, while the dollar faced some downward pressure after the US Federal Reserve indicated interest rates would stay ultra low into next year.

Propelling Sri Lanka as a knowledge hub



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A knowledge hub is a location where you can source skills and capabilities for the creation of products, services, knowledge and also for the creation of wealth. Some countries have targeted industries so that the country and the economy will be known for a particular industry. For instance:

Starting your own business with a friend?

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Some of the world’s greatest entrepreneurial ventures have been started by friends. Steve Jobs and Steve Wazniak were friends who started the story of Apple in the home garage. Many other business legends also chose the same route. Entering entrepreneurship with a close and trusted friend is....

Southern unrest shatters middle east tourist confidence

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The recent unfortunate incidents that erupted in Aluthgama and Beruwala areas will have an adverse impact on the country’s tourism sector in the backdrop of Middle East being the fourth largest inbound tourist market for Sri Lanka, according to tourism industry stakeholders.

AMW introduces Nissan Patrol’s ‘Hero of All Terrain’

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Associated Motorways (Private) Limited unveiled the Nissan Patrol Y62 model at an event held at Tintagel Colombo today amidst a gathering of VIP guests, the management of AMW, members of the media and well wishers.

Southern unrest shatters middle east tourist confidence

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The recent unfortunate incidents that erupted in Aluthgama and Beruwala areas will have an adverse impact on the country’s tourism sector in the backdrop of Middle East being the fourth largest inbound tourist market for Sri Lanka, according to tourism industry stakeholders.

York Street Partners takes global titles at Harvard’s New Venture Competition

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York Street Partners (Pvt) Ltd, a Sri Lanka-based boutique investment banking and advisory firm, took first place in both the “most innovative” and “greatest impact” categories of Harvard Business School’s 2014 Alumni New Venture Competition.

Tea board appoints popular tea personality as ambassador

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The Sri Lanka Tea Board has appointed Mike Bunston OBE, an eminent personality in the international tea trade with over 56 years of experience as Honorary Te a Ambassador for Sri Lanka in the United Kingdom.

Policy rates unchanged; April credit growth at 3.3%

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The Monetary Board of the Central Bank yesterday decided to maintain the policy rates unchanged for the month of June despite the private sector credit growing at a slower pace of 3.3 percent in April, compared to 4.3 percent in March.

Auto importers cry foul at new valuation method on imported vehicles

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The Ceylon Motor Traders’ Association (CMTA), an industry body consisting of automotive franchise holders, cried foul at the recently implemented valuation method on imported vehicles and urged the authorities to immediately withdraw the new method.

Sri Lanka can be integral part of Asian transformation: ADB Chief

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Following is the speech by Asian Development Bank (ADB) President Takehiko Nakao themed “Chance of Sri Lanka  to Be the Next Asian Miracle”, delivered at the Academy of Financial Studies (AFS) conference in Colombo recently.

Policy rates unchanged; April credit growth at 3.3%

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The Monetary Board of the Central Bank yesterday decided to maintain the policy rates unchanged for the month of June despite the private sector credit growing at a slower pace of 3.3 percent in April, compared to 4.3 percent in March.

Will your new hotel pass the ‘crash test’?

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Most people think that money alone is enough to ‘start’ a hotel. They fail to realise that they need more than that. Unsurprisingly, the ‘ending’ often turns out to be disappointing and an unhappy one at that! Such people may have a subjective, emotional or personal reason...

Can smartphones be used to increase productivity?

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Smartphones, a common tool that many of us use not only for phone calls but also for various activities like surfing the Internet, listening to music and watching movies perhaps. Today, the world is in your fingertips due to the smartphone technology.

Global warming continues to be a serious global issue

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Global warming has become perhaps the most complicated issue facing world leaders. Warnings from the scientific community are becoming louder, as an increasing body of science points to rising dangers from the ongoing buildup of human-related greenhouse gases.....

Economic transition presents insurance players opportunity

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The period of transition Sri Lanka’s economy is currently in where low interest rates and single digit inflation is factoring in, presents the country’s insurance industry immense opportunity to grow their business and introduce new products, Central Bank Governor Ajith Nivard Cabraal said.

Nawaloka : the proven centre for dengue management

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A series of awareness  programmes and a nationwide campaign is being conducted through the electronic and print media to educate the public regarding the killer disease called “dengue”.

SL apparel industry in a global context and future fortunes

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The Sri Lankan apparel trade today is well renowned around the world to be the most cutting-edge and innovative when it comes to apparel manufacturing.

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What a weight
Does it smell good?
Flooded …
Remove GK director: Protestors