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Sat, 23 Jan 2021 Today's Paper
20 Feb 2018 - 0 - 2058
Capital is critical for banks to be in business. In banks and financial sector, it is meant to meet unexpected losses arising out of normal course of banking business like any other commercial enterprise.
15 Feb 2018 - 0 - 2040
The gap between global infrastructure needs and global infrastructure investment is widening. Inadequate investment in transport, communications and energy networks is estimated to be US $ 26 trillion in Asia alone.
15 Feb 2018 - 0 - 3702
For decades, China has been both a focal point of India’s foreign policy and its main rival on the international scene. The defeat in the 1962 war, China’s economic, military and political support for Pakistan and incidents at the disputed border, as in Doklam in summer 2017, have contributed to India’s concerns vis-à-vis China.
14 Feb 2018 - 0 - 2318
This Valentine’s Day, millions of people across Asia - and around the world - will express their feelings and celebrate the special relationships they have with their loved ones, through the exchange of cards and gifts in a tradition that can be traced back to the medieval era.
13 Feb 2018 - 0 - 2833
In the process of financial intermediation, banks mobilize deposits and deploy them in loans and investments in tune with the Central Bank guidelines to create assets.
08 Feb 2018 - 0 - 2113
Recently, Sri Lanka celebrated the 70th Independence Day ceremoniously, giving some opportunities for the rulers as well as citizens to look back and rectify certain issues pertaining to development. Sri Lanka, like its other Asian counterparts, was conquered by invaders, mainly due to geographical importance, which even today we have not been able to properly harness. Political independence, which the nation could gain, then means the Sri Lankan
08 Feb 2018 - 0 - 2013
In 2009, the New York Times published an article titled: In a Digital Future, Textbooks are History. Since then, many have queried whether textbooks are needed in a digital world, given that extensive and often free online resources are now available.
07 Feb 2018 - 0 - 3637
Risk management in banks are data dependent and data driven.The standard of integrity of data can define the precision with which the measurement of a risk can be undertaken.
06 Feb 2018 - 0 - 2271
A Goldilocks economy is an economy that is not too hot or cold, in other words sustains moderate economic growth, and that has low inflation, which allows a market-friendly monetary policy. The name comes from the children’s story Goldilocks & the Three Bears. The U.S. economy of the mid- to late-1990s was considered a Goldilocks economy because it was “not too hot, not too cold, but just right’.
02 Feb 2018 - 0 - 4317
The world economy appears to be booming – in its latest World Economic Outlook Update, published on January 22, the International Monetary Fund (IMF) estimated that global gross domestic product (GDP) grew by 3.7 percent last year, up from 3.2 percent in 2016, which is the fastest rate of expansion since 2011.
02 Feb 2018 - 0 - 1818
A prominent administrator after reading my column last week wrote to me and said, “Push has come to shove. Sirisena is breathing fire. A drastic change of direction is needed after February 10.”
01 Feb 2018 - 0 - 1902
There are economically sensitive things the investors are actually interested in, when their investment decisions are made, the big part of which is how the economy performs. However, investor sentiments are manipulated by common as well as specific factors, which make investors either optimistic or pessimistic on the economy.
01 Feb 2018 - 0 - 1888
Rightly or wrongly, the developing countries may see themselves in competition for financing from the US $ 10 billion Green Climate Fund (GCF)—the flagship fund for adaptation and mitigation investment under the UN Framework Convention on Climate Change.
01 Feb 2018 - 0 - 3737
The first Labour Demand Survey (LDS) in Sri Lanka, conducted by the Census and Statistics Department, recorded nearly half a million vacancies in the private sector. A large portion of these vacancies are found to be in routine and non-routine manual jobs.
01 Feb 2018 - 0 - 2203
Despite having large working-age populations, many countries in Asia Pacific will struggle to find talent with the necessary skills to thrive in tomorrow’s workplace.
01 Feb 2018 - 0 - 1798
The second law of CEO communication is for the leader to connect emotionally with her audience. This is generally done by telling stories or anecdotes.
25 Jan 2018 - 0 - 2908
The freshly-signed Sri Lanka-Singapore Free Trade Agreement (SLSFTA) marks a new milestone in the relations between the two island economies. The agreement, signed on January 23, 2018, after almost 18 months of negotiations, is a modern, comprehensive and high-quality agreement.
25 Jan 2018 - 0 - 4108
“It is for the people of Asia to run the affairs of Asia, solve the problems of Asia and uphold the security of Asia,” Chinese President Xi remarked at the 2014 Conference on Interaction and Confidence-Building Measures in Asia.
18 Jan 2018 - 0 - 3407
Cost of production From 1980 to 1991, under state management, the average cost of production (COP) for a kilogramme of tea was 140 percent relative to the daily wage of a worker. After privatization, the regional plantation companies (RPCs) managed to contain the COP to 90 percent of the labour wage. If extrapolated under the ‘ceteris paribus’ conditions, the current COP should be in the region of Rs.1022.
17 Jan 2018 - 0 - 2984
As we all know, President Maithripala Sirisena has sought the opinion of the Supreme Court that whether he, as the person elected on January 9, 2015, has any impediment to continue in the office of President for a period of six years. In terms of Article 30(2) of the 19th Amendment, the president will hold office for a term of five years.
17 Jan 2018 - 0 - 2435
Our world looks in vain for strong leadership. Politicians and religious leaders no longer seem to offer it.
17 Jan 2018 - 0 - 2149
We’ve seen it used numerous times, from the cover of prominent publications to speeches by Fortune 500 CEOs and world leaders: “data is the new oil”.
17 Jan 2018 - 0 - 2633
We refer to the article that appeared in Mirror Business under ‘Performance of RPCs: Facts or Fiction’ by Lalin I. De Silva.
16 Jan 2018 - 0 - 3126
There are two primary methods used to analyze stocks and make investment decisions: fundamental analysis and technical analysis.
16 Jan 2018 - 0 - 4105
One of the key challenges of banks is to maintain equilibrium between inflows and outflows of funds, in terms of size and tenor.
16 Jan 2018 - 0 - 2809
Insurance accounting has never been easier for accountants due to the complicated nature of insurance contracts when assessing the liability arising from insurance contracts.
16 Jan 2018 - 0 - 2330
2017 was a good year for investors. A benchmark of global stocks rose almost 22 percent during the year, registering its strongest gain since 2009’s rebound-from-recession, while global investment grade bonds rose more than 7 percent, marking their biggest yearly rise since 2007. While it’s tough to repeat this sterling performance, the broader macroeconomic outlook suggests that 2018 is likely to be another constructive year for inve
11 Jan 2018 - 0 - 2209
Madeleine Albright, one of several scholar–statespersons the unique American spoils system used to produce as Secretary of State, characterised the United States as ‘the indispensable power’. In relation to East Asia today, that description seems no longer salient. In this vein, perhaps 30 years from now, we will look back on US President Donald Trump’s first official visit to East Asia as the moment when the United States
11 Jan 2018 - 0 - 3002
I first met D. Eassuwaren at the National Chamber of Commerce of Sri Lanka in 1993 and since then, up to his demise a few days ago, I had been associating him very closely.
11 Jan 2018 - 0 - 2982
A knitting factory in Bangladesh brings together the past, present and future. On one floor, workers knit by hand. On another, people and machines do the work together. And on a third floor, there are only robots.
6 hours ago
