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Thu, 18 Apr 2024 Today's Paper
30 Jun 2023 - 0 - 390
In an exclusive interview with HNB FINANCE’s Managing Director and Chief Executive Officer Chaminda Prabhath, we delve into the company’s remarkable ability to overcome challenges and drive growth in the Sri Lankan financial sector. Despite navigating difficult times, HNB FINANCE has demonstrated
30 Jun 2023 - 1 - 452
According to the latest figures published by the Finance Ministry, the present administration continues to borrow more money, both domestic and foreign funds and thus increasing the overall debt stock. The total public debt is around US $ 92 billion as at March 31, 2023; it was only US $ 79 billion by end-September 2022, as announced by the Finance Ministry, which is an increase of US $ 13 billion (or a 16 percent increase).
27 Apr 2023 - 0 - 405
“I do not intend to get a patent right for my invention as I do not want to disclose my research findings and methodologies to the public domain”, stated a female researcher who has discovered a solution for dengue fever.
25 Apr 2023 - 0 - 98
Well known Economics Professor Howard Nicholas said at a recent webinar that “CBSL cannot be independent of the government”.
25 Apr 2023 - 0 - 93
Many SOEs were found wanting at recent Committee on Public Enterprises (COPE) meetings, mainly because they had no corporate plans. Strategic organisation-wide planning or Corporate Planning is essential for an organisation to succeed in business or deliver services to the citizens.
28 Mar 2023 - 0 - 204
An international news agency asked me this; what are the lessons for Sri Lanka from the Credit Suisse collapse? I responded by saying 2 lessons.
28 Mar 2023 - 0 - 435
I can’t imagine how challenging it would be to understand and tackle the current economic catastrophe in Sri Lanka, but I do know that Dr. W.A. Wijewardena has done it with finesse only a very senior expert like him possibly could.
23 Mar 2023 - 0 - 90
Countries never learn from others’ mistakes; they only learn from their own. Sri Lanka is an exception: we don’t even learn from our folly.
23 Mar 2023 - 0 - 220
The Colombo Port City Economic Commission, the Single Window Investment Facilitator authorised to assist investors,
16 Mar 2023 - 0 - 317
Sri Lanka’s low female labour force participation rate (FLFP) has received intense policy attention over the past several decades for many reasons. It is widely assumed that improving FLFP will not only empower women and reduce gender disparities but will also promote productivity and economic growth.
09 Mar 2023 - 0 - 175
Technology plays an important role in modern society. It connects, innovates, and transforms economies and societies at large. Yet, women and girls continue to have limited access to technology. This gender bias is also present in Sri Lanka, where women comprise of over 50 percent of the population.
04 Feb 2023 - 0 - 663
As the world plunges into the crisis stemming from climate change, efforts are explored across diverse sectors to minimise the carbon footprint. And one such industry that is making a significant impact in this regard is the global aviation sector.
04 Feb 2023 - 0 - 166
Following are ten such learnings that I have realised through my experience which I believe would help individuals to be successful in their professional careers.
02 Feb 2023 - 0 - 223
Dr. W.A. Wijewardena (author), a former Deputy Governor of the Central Bank and presently an independent economic analyst,
02 Feb 2023 - 0 - 228
Despite the remarkable resilience of our people, industries and enterprises, Sri Lanka’s economic outlook in 2023 – along with approximately one-third of all countries according to the IMF – appears bleak.
19 Jan 2023 - 0 - 568
Many developing countries including Singapore/Malaysia /South Korea and more recently Vietnam and Thailand have succeeded in attracting Foreign Direct Investment (mainly through firm level integration with global MNEs : Multi National Enterprises) to grow their economies exponentially and propel them to the top of the industrialized nations.
08 Dec 2022 - 0 - 383
Successive Sri Lankan governments have attempted to villainize the non-profit and civil society sector as agents of foreign interference.
08 Dec 2022 - 0 - 306
In simple terms, money printing is issuing new money to the economy by a Central Bank- also known as “reserve money”.
11 Nov 2022 - 2 - 2448
The COVID-19 pandemic and the subsequent economic crisis revealed vulnerabilities in the Sri Lankan economy and weakened its economic state. Given the severity of the challenges faced, the economy is now at a fragile state, with many crises at hand. One such crisis is the electricity crisis, where sporadic power cuts even extending to 13 hours a day were experienced by the country this year.
20 Oct 2022 - 0 - 251
Supply chain is a network of organizations and processes wherein several various enterprises such as the supplier, manufacture,
20 Oct 2022 - 0 - 193
With fears of a global economic recession looming, the Joint Apparel Association Forum (JAAF) is actively stepping up engagement with top government and Foreign Ministry officials to expedite negotiations on Free Trade Agreements (FTAs) to help boost exports and strengthen the industry’s resilience.
20 Oct 2022 - 0 - 267
Sri Lanka’s economic crisis continues to affect the lives and livelihoods of its people, with the burden being highest on the poor and vulnerable.
28 Sep 2022 - 2 - 807
During the 2016 U.S. presidential campaign, a macroeconomic theory, Modern Monetary Theory (MMT) has become an interesting topic in United States politics. Stephanie Kelton, a proponent of this theory, was among the advisors of Bernie Sanders.
28 Sep 2022 - 0 - 179
An exciting array of speakers of both national and international fame are set to take the stage at the 43rd National Conference of Chartered Accountants as they share their thoughts and ideas with the country’s professional Accounting community, including business leaders and c-suite executives, to take charge of transformation and help steer the nation out of the ongoing crisis.
13 Sep 2022 - 0 - 358
How can a large-scale cash transfer programme be established from scratch, quickly, and during a deep economic crisis?
30 Aug 2022 - 1 - 462
Sri Lanka was once considered a development success story. But, within the last few decades, this legacy was lost to governance failures and economic mismanagement.
30 Aug 2022 - 0 - 197
Relishing on the liberal electoral process and propaganda machinery, political parties of the country over the years have been painting a promising picture of prosperity to the voter to grab their vote. Once power was secured, the promises were easily forgotten.
24 Aug 2022 - 0 - 1107
Sri Lanka has long been admired by development economists, international financial institutions, public intellectuals for leading South Asia in all economic and social indicators.
24 Aug 2022 - 0 - 209
The United Nations Development Programme (UNDP) in Sri Lanka recently launched a facility to enable interested private sector organisations to partner and contribute towards procurement of urgent medical supplies and address food security needs,
24 Aug 2022 - 0 - 151
The court was yesterday informed that the complainant party is expecting to file an amended plaint against the former Central Bank Governor Ajith Nivard Cabraal, regarding the private plaint filed over the alleged financial irregularities that took place while he was serving as the Central Bank Governor in 2014.
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