The credit quality of banks in the Asia Pacific has likely hit a cyclical peak and many of the region’s lenders will suffer a drop in asset quality over the next 1-2 years as interest rates rise, Moody’s Investors Service warned on Tuesday.
“Watch what we do, not what we say,” was the central bank mantra for generations. But no more.
Fiscal management has improved in Asia over the past decade. It has become more responsive to economic conditions and thereby helped stabilize growth, especially during the global financial crisis.
We invest our hard earned money in the equity market in order to reap high returns. Money is invested through a licenced stockbroker firm. There are licensed investment advisors attached to these firms. They are expected to advice clients on suitable investment opportunities.
Ask someone why they bought a certain brand of prestige car. What do you hear? “I’ve got to keep up my status”, “I thought I’d look good in it”, “Makes me look successful”. You wouldn’t get answers like “handles really well” or “It has a low rate of depreciation” or maybe “It’s got a really good sized boot”.
With the objective of popularizing and promoting the Sri Lankan handy-crafts industry both locally and...
The blurb appearing in a hotel advertisement that said, “Please cast your valuable vote for the Kxxxxxxxx Hotel in the 2013 World Luxury Hotels Awards...” caught my eye and immediately had me thinking.
The first round of negotiations to establish the Asian Regional Comprehensive Economic Partnership (RCEP) -- a free trade agreement (FTA) across ASEAN+6 (the 10 ASEAN members plus Australia, China, Japan, South Korea, India and New Zealand) -- was held in Brunei in May. The RCEP idea was first proposed by Indonesia during its chairmanship in 2011.
The 35 years since liberalization of the economy has seen repeated cycles of the economy overheating once growth exceeds 6 percent. Growth of 8 percent or more is necessary over a sustained period to achieve economic transformation similar to that achieved by a number of countries in East and South East Asia.
The European Union’s (EU) Generalised System of Tariff Preferences (GSP) is a scheme where the EU grants developing countries such as Sri Lanka duty free or preferential duty access to the EU market for a selected number of products.
What is GSP Plus?
In the Best Interest of my Country is the fourth Volume of Dinesh Weerakkody based on his regular columns in the print media. Starting in 1990 with the first volume, he proceeded to bring out the second volume in 1993 and the third in 1996.
As a former Director of the Geological Survey Department (Present GSMB) I have critically analyzed the Minerals Yearbook 2012 released by the Director General GSMB in August 2012.
Climate change has invariably taken its toll on the country’s coconut cultivation considerably and thus, the growers are calling for drought and temperature resistant coconut plants as an urgent need.
By Udaya P Gammanpila
Shiv Shankar Menon is Indian Prime Minister’s all-powerful National Security Advisor. He has served as Indian High Commissioner in Sri Lanka. In fact, in certain cases, he has acted as a de facto Ambassador for Sri Lanka in India defending Sri Lanka within the Indian circles.
With half of the world’s population being female, gender equality in political representation has...
In Sri Lanka, there is evidence of a growing middle class. The incidence of poverty in the country has sharply come down over the past decade. There are indications of growing demand for advanced services and luxury products.
A capital market is a significant aspect of every financial market. It is a market in which institutions and individuals trade financial securities. It comprises of the equity, bond, debt and derivative markets. A capital market comprises of both primary and secondary markets. A primary market is a market that issues new securities.
Business is a cricket game and only the team with the best players will win. To beat the competition will require everyone’s collective effort. It’s not just a task for the marketing department or top management; it’s everyone’s responsibility. So, as one of the marketers of your business
That’s the question most ask – ever since the Facebook founder gave the world its most popular...
Have you purchased anything that did not correspond to what had been advertised or promised? Many of us, at some time or another have been persuaded to purchase something, only to discover that we were misled by false or deceptive statements.
Since it was released on June 8, China’s first ever “blue book” on the Indian Ocean has generated a lot of interest in strategy circles. Unveiled with some fanfare in the Chinese city of....
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