The Census and Statistics Department data showed the Sri Lankan economy grew 7.8 percent in third quarter (3Q) this year, accelerating from 6 percent and 6.8 percent recorded in 1Q and 2Q respectively.
We have always heard how important it is to have female representation in politics. Having given the world its first female prime minister, we have perhaps initiated a path for women in politics much earlier than others.
Succession planning is a process for identifying and developing internal people with the potential to fill key leadership positions in the company. Succession planning increases the availability of experienced and capable employees that are ready to assume key leadership roles as they become available.
The imports to the country during the month of September rose 23 percent Year-on-Year (YoY) to US $ 1.61 billion and exports grew by 11 percent to US $ 890 million, expanding the country’s trade gap by 41.1 percent or US $ 698 million, external sector data showed.
Property Alliance Capital, Australia and local ISL Holdings (Pvt) recently signed a Memorandum of Understanding with the Urban Development Authority (UDA) and the Board of Investment (BOI) over its US$ 450 million Prosperity Place mixed development alongside the Beira Lake.
In light of the 23rd Commonwealth Heads of Government Meeting (CHOGM) being held this week, the very first Android app developed in the history of CHOGM, titled ‘CHOGM 2013 – Sri Lanka’ is gaining quick popularity.
Making a compelling case for his controversial integrated resort (IR) project in Sri Lanka, the Australian casino mogul and the Chairman of Crown Limited, James Packer yesterday stressed the need for Sri Lanka to identify the importance of providing the right tourism offering, if the country is serious about achieving her ambitious tourism targets.
National Development Bank PLC (NDB), a development financier, yesterday announced its plans for Rs.10 billion listed debt, the largest ever debenture issue a listed company has so far announced.
Three investment agreements worth US $ 2.1 billion are due to be signed today in Hambantota concurrent to the Commonwealth Heads of Government Meeting (CHOGM) events taking place in the city.
When the first trains in almost two and a half decades started running through this war-ravaged town in Sri Lanka in mid-September, Sinngamuththu Jesudasan could not resist the temptation to go and have a look – repeatedly.
Sri Lanka is in the midst of hosting the Commonwealth Heads of Government Meeting (CHOGM) and President Mahinda Rajapaksa is about to assume the position of Chair-in-Office for the next two years.
When Commonwealth leaders gather in Colombo on November 15 for their biennial meeting, they will be sending a message to the human rights advocates worldwide who campaigned so strongly against this event.
President Mahinda Rajapaksa ceremoniously inaugurated the Business Forum of the Commonwealth Heads of Government Meeting at the Hotel Cinnamon Grand yesterday.
Nepal’s first Forbes billionaire yesterday called for policy consistency by governments in the region, to foster investments and become globally competitive.
Following is the address delivered by President Mahinda Rajapaksa at the inauguration of Commonwealth Business Forum 2013 at Cinnamon Grand Colombo yesterday.
Exports from Sri Lanka are thrice cursed. They are declining as a share of global exports, as a percentage of Sri Lankan gross domestic product (GDP) and also in absolute value. It’s timely to evaluate the reasons and consider solutions.
Fashion Bug, one of Sri Lanka’s leading retail clothing stores with over 17 outlets island-wide, completed yet another project by donating a computer unit, under its present Social Sustainability platform titled ‘Sisu Dirimaga’.
“It has only been four years since the end of the armed conflict in Sri Lanka. The government needs more time to provide a business-friendly climate that would attract more investment”.
Unilever’s new Chairperson for its Sri Lankan business operation, Shazia Syed spoke with Mirror Business about her personal experience in Pakistan, where she was the first Pakistani woman to head Unilever’s Sales division and Unilever’s expectations for the coming year. Excerpts:
The Central Bank (CB) yesterday kept the policy rates on hold for the month of November, providing a breather to the recent monetary easing to take effect during the next few months.
Investment Promotion Minister Lakshman Yapa Abeywardena yesterday inspected the Invest Sri Lanka Pavilion at Cinnamon Grand Hotel.
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