Alcohol sales would have no doubt peaked during the last week or so, along with Avurudu festivities across the country – rural and urban alike.
The use of alcohol is embedded in the daily lives of many ordinary citizens in our island nation. Despite certain efforts by the government in regulating the....
Palm oil mills are in an enviable position to harness enormous amounts of renewable energy with high efficiency, the potential which remains largely unrealised, palm oil expert Krishna Moorthy says.
In 2009, Sri Lanka’s tourist arrivals were a mere 447 thousand. By 2010 the arrivals increased almost 50 percent to 654 thousand. That number is estimated to have almost doubled by 2013 to almost 1.3 million. The current plans are for this number to double again by 2016 to 2.5 million.
In the 1990s, organisations started to change from highly structured pyramid-like hierarchies towards flatter and leaner shapes. The autocratic management styles that suited a pyramid structure won’t work in the modern organisation with its wide spans of control, high levels of self-management and a workforce that relies on....
During the past few weeks we have addressed the need of educating yourself on the stock market prior to investing. An equally important factor is to manage your relationship with the stockbroker firm/investment advisor and refrain from unwanted disputes that could have an adverse impact on one’s portfolio.
All health sector workers – doctors, nurses, midwives and other paramedics – share the responsibility for delivering good health services in government hospitals. Duties and roles of these professionals are intertwined. Health workers who are discharging duties in health facilities are the products of years of
There were recent press reports that a number of trade unions have submitted proposals to the National Pay Commission requesting establishment of; 1. a national wages commission for the private sector, 2. a national minimum wage, 3. an unemployment benefit insurance scheme, 4. a pension scheme for the.....
It seems much. According to the Gender Global Entrepreneurship Development Index, the conditions that foster high potential female entrepreneurship are three-fold - encouraging an entrepreneurial environment, entrepreneurial eco-system and entrepreneurial aspirations.
Although the subject of sustainability in tea plantations had been discussed on many occasions before, yet in view of its importance to the tea sector and also as many issues still remain unresolved, this article re-examines this subject.
One of the most sacred tenets of management is the need for clear accountability. As such, organisations spend enormous amounts of time and energy defining jobs, roles, and goals — and then figure out who to reward or penalize when things go well or poorly.
The Colombo Stock Exchange (CSE) witnessed an increase in Initial Public Offerings (IPOs) since the beginning of the year as a result of the incentives given by the budget for the year 2014 and the prudent measures taken by market stakeholders.
In today’s world, filled with stress, ambition and ruthless pursuit of career goals, environments and people can turn toxic without much notice. The toxicity generated can have a deadly effect on others, especially those caught by surprise. When environments do turn toxic, it is usually due to a few or a group of......
Last year Verité Insights examined the trading relationship between Sri Lanka and the countries that had voted for and against the UNHRC resolution on Sri Lanka both in 2012 and 2013. The findings were important.
A recent report released (March) by the International Rubber Study Group (IRSG) indicates that the stock balance of the global natural rubber industry at the end of 2013, specifically that of the Asia Pacific region, is in a position of production exceeding that of consumption by 3,020,000 tonnes, which may be a worrying factor to....
International and national oil and gas companies always assess the macro business environment and make careful assumptions or assessments of their positions in such uncertainty.
Some people are able to make an entrance – whether socially or professionally, pleasant enough for others to notice them. First impressions count – even though some would like to believe otherwise. Making a sound first impression will always be important to whatever that we have chosen to do.
An Environmental Management System (EMS) is a set of processes and practices that enables an organisation to reduce its environmental impacts and increase its operating efficiency.
As a follow up to my article on value addition to minerals published in Mirror Business on March 11, 2014, I would like to highlight the attempts by the researchers in Sri Lanka and also various government entities in value addition to graphite in the light of ‘graphene’, the miracle substance produced with the.....
Water and energy are linked with an eternal bond. Many countries blessed with rivers and waterfalls have harnessed their inherent kinetic energy through hydro-electricity in fulfilling their energy needs. Sri Lanka is one such country. But the rising demand for electricity and the limited generation potential of
Growing links with China have supported economic growth in sub-Saharan Africa. But the burgeoning commercial and financial ties between the developing subcontinent and the world’s second-biggest economy carry risks as well. These links also expose sub-Saharan African countries to.....
Do you work for a company that has a traditional bureaucratic management style? If so, chances are quite high that your workplace is probably not as effectively run as one whose philosophy is ‘empowerment’.
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