Last Updated : 02-08-2014 02:09

 
 

Features

Are we less ambitious as we age?

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It starts often as you hit mid-life. The glittering promotion. The dynamic career. The corner room office. It doesn’t sparkle like it used to – priorities have changed. Children are growing up and they need your time. You honestly prefer a good night’s rest to drinks out with the office crowd on Friday nights.
Views: 817

MERGERS AND ACQUISITIONS - Chandra questions SEC about competitive safeguards

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Good governance activist Chandra Jayaratne in an open letter to the Securities and Exchange Commission (SEC) has inquired about the laws pertaining to anticompetitive practices originating from mergers and acquisitions in the country’s capital market.
Views: 796

NR market not expected to rebound in near future

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Rubber market in Southeast Asia dropped during the week as Chinese interest was low in buying. Tyre makers were banking on rubber stocks in bonded warehouses in Qingdao, the main rubber manufacturing province and very few searched for rubber from the Southeast Asian markets.
Views: 1010

Treasury Secretary hints at trade surplus in 2020

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Sri Lanka’s Treasury Secretary Dr. P.B. Jayasundera last week hinted at the possibility of recording a trade surplus by 2020, an economic scenario Sri Lanka has never achieved for the last six decades.
Views: 875

Cigarette taxes should be rescued from bureaucratic discretion

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The focus of the World Health Organisation (WHO) is on raising taxes on tobacco, in order to raise prices and reduce consumption. This insight explains the serious consistency issues in Sri Lanka on setting taxes and prices on cigarettes.
Views: 813

sl gets US $ 300mn ADB loan for clean energy generation

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The Asian Development Bank (ADB) yesterday approved a US $300 million dual-tranche loan to help Sri Lanka scale up its use of clean energy and minimize reliance on costly petroleum oil for electricity generation.
Views: 698

Why do some countries prosper and others don’t?

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Many years ago, as primary students, we were taught that most rich countries were in the North of the globe and most poor countries are in the South, but later on we learnt that it was not geography that causes wealth or poverty. After all, Australia and New Zealand are part of the...........
Views: 803

July policy rates on hold

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Despite low credit growth, the Central Bank yesterday decided to keep its key policy rates unchanged for the sixth straight month as the Monetary Board deemed that the current rate regime is quite appropriate with the country’s growth and the inflation direction.
Views: 447

Building a successful work team isn’t rocket science

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Teams have become an essential feature in most organisations. The language of management now comfortably includes teams, teamwork and team building. However, this does not mean that we are yet much clearer about the process of bringing a group of people together and creating a level of.....
Views: 926

Stock market at your fingertips

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One of the advantages of having an advisor was, ostensibly, to have someone who could give required information on your investments to put it into a comprehensible form. The problem with this is that it assumes the broker will be effective at condensing and conveying complex information and.......
Views: 517

BoC in talks with Treasury for Rs.10bn cash infusion: sources

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State banking giant, Bank of Ceylon (BoC), is currently in talks with the Finance Ministry to obtain a Rs.10 billion cash infusion as early as the third quarter of this year, to improve its capital adequacy levels, sources revealed.
Views: 812

apparel label giant to set up Joint venture

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Royal Pac Printcare Lanka (Private) Limited has signed an agreement with the Board of Investment (BOI) to establish an operation for the manufacture of apparel labels and packaging material for Sri Lanka’s apparel industry.
Views: 1254

A woman who heads a company that employs women and has women as market

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Kay Krill heads a unique company. As the CEO of Ann Inc., she overlooks a staff of 20,000 women who work under her, creating clothes for women. Ann Taylor is a US-based upmarket chain of clothes that targets women who want to dress well and look good.
Views: 1527

Monetary policy might be tightened early next year: HSBC

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The cycle of monetary easing in Sri Lanka will soon end and the country will start to see its monetary policy being tightened as early as from 2015, a global banking giant said in a recent report.
Views: 1355

Unit trust funds grow 75% in 2013

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Sri Lanka’s unit trust industry grew 75 percent in 2013 to Rs.54.3 billion but the number of unit holders have increased by a mere 6 percent to just under 30,000 investors, in a country with a 20 million population, according to the capital market regulator, the Securities and Exchange Commission (SEC).
Views: 661

An open letter to hoteliers

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Why don’t you appreciate me more than you do when I show up at your doorstep? Have you lost sight of the fact, that, as your guest, I am at the centre of the hospitality industry and in an ever expanding circle; you need to always be ahead of my needs.
Views: 840

country in middle-income trap since 1998: Minister

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At a time when the Sri Lanka’s Central Bank (CB) is setting the stage to by-pass a potential economic stagnation and become a ‘break-out nation’, a senior government minister yesterday said that country is gradually being ensnared in the middle income trap.
Views: 804

A new narrative for economic growth

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Today, we, as a nation, are going through an era where the debate on national economy has probably assumed unprecedented heights.
Yet, it is an irony that no clear dialogue has yet emerged about the future strategic direction of the development of Sri Lanka’s economy.
Views: 878

Coaching for team performance - Improves productivity, relationships

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Teams are the force that drives most organisations. As a manager or supervisor, you would have seen hostility, conflicting goals and unclear expectations within your teams. These are symptoms of an unhealthy team. To avoid these harmful effects, you need be proactive about improving team performance.
Views: 826

Stock market at your fingertips

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Technology has played a key role in the financial services industry. Today, however, a number of new and rapidly accelerating trends are emerging that promise to usher in an entirely new paradigm.
Views: 707

CB to publish BASEL III rules by November: Moody’s

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Sri Lanka’s banking sector which is already entangled in a complex consolidation drive, will soon have to gear itself up to embrace wide ranging capital and liquidity coverage requirements to be implemented under the third and latest instalment of BASEL Accords – BASEL III.
Views: 1066

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MEP convention
The scene of a tragedy
Saluting the alma mater
Video: Health workers in protest march
MEP convention
The scene of a tragedy
Saluting the alma mater
Video: Health workers in protest march