Over the last 20 years, the World Bank Group has helped countries lift 663 million people out of poverty. In the next 20, we believe it is possible to end extreme poverty. This goal is within our grasp.
Sub-Saharan Africa has become one of the fastest growing regions in the world. The 1990’s was seen as the “lost decade” for the continent and Africa was written off as a basket case.
The Sri Lankan economy is reported to have grown by 6.4 percent in 2012. This was less than what was hoped, but still a robust level of growth. In 2010 and 2011 growth was an extremely healthy 8 percent and 8.2 percent.
A ‘global’ debate is in full swing over what should replace the Millennium Development Goals (MDGs) once they expire in 2015. For Asia, this discussion could not have come too soon, as all evidence suggests that it will take a significant reordering of priorities for the region’s high economic growth to continue.
REUTERS: Like many visitors to the Casino Royale Goa on a rainy Saturday night, Salim Budhwani said he does not gamble but also had no objection to the betting at the busy tables downstairs.
Sri Lanka is not often considered a viable option by investors. However, with previous geopolitical tensions settled, things are changing to the upside. Due to a peace dividend from ending 30 years of civil war, Sri Lanka’s emergence as a.....
The global scenario for natural rubber appears to be increasing demand till the year 2020 and possibly beyond. There are indications that the natural rubber (NR) share of the total elastomers consumed globally will increase from its present level of 40 percent.
You see the world of advertising and marketing communications lay the world at her feet. The promises...
The bulldozers are working and a construction crane is being erected on that vacant lot you pass each day going to and from home. The sign on the fence states that a new 150 room 3-star hotel is being built with a planned opening date of mid -2014.
A previous Verité Insight found that bi-lateral and regional trade agreements were proliferating, especially in Asia, but Sri Lanka was missing out. Despite once being a regional pioneer in trade agreements, Sri Lanka has not signed a major agreement in almost seven years.
A rapid development in information technology (IT) has enabled firms in manufacturing, agro-based and food-based industries improve their knowledge management systems (KMS) initiatives to produce more value-added products.
In my previous article in Mirror Business on June 11, 2013, the activities of the Indian Ministry of Earth Sciences (MoES) were summarized and also highlighted the lack of coordination within ministries and related government institutions in Sri Lanka, related to weather forecasting and disaster management.
During the past few weeks our readers were educated on the performance of the Colombo stock market by emphasizing on the untapped opportunities it offers to investors. Further on, we have disseminated guidelines on the requirements in entering the market, investing and managing one’s portfolio.
Leadership doesn’t just happen. Leaders are made, not born. Leadership is a set of skills and abilities that anyone can learn. Those skills can be strengthened, honed and enhanced.
Globally, in the last two years, women have made great strides in closing the gap for C-suite jobs. In fact, women now are better educated than ever, are stepping into high profile roles and are also outnumbering men as the primary breadwinners in their households.
We all know what a little girl’s world consists of – Barbies, Angelina Ballerinas, soft pink dresses and dainty little...
At the 66th CFA Institute Annual Conference held in Singapore in May, I had the honour and pleasure of interviewing Nalaka Godahewa, the Chairman of the Securities and Exchange Commission (SEC) of Sri Lanka, on the development of the country’s capital markets.
An escalation of fisheries related incidents in the Palk Bay area is threatening to undermine the bilateral Indo-Sri Lanka relations. It is important that this matter is given urgent attention.
With the Millennium Development Goals expiring in 2015, a global debate is underway for a new development agenda to replace them. For Asia, the agenda must in part tackle the unfinished task of poverty reduction under the MDGs
The University of Sri Jayawardenepura’s Faculty of Management Studies and Commerce announced the establishment of a Masters in Entrepreneurship qualification from January 2014.
Much has been said about Sri Lanka’s potential for growth, and indeed there are many national and corporate plans being rolled out towards this end. There is high focus on several key areas of improvement, such as Infrastructure, policy frameworks, citizen services, education and so on.
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