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Sat, 04 May 2024 Today's Paper
09 Oct 2017 - 0 - 3754
Choosing the right leadership style for each situation can be difficult. For example, you need to get the balance correct between putting too much or too little emphasis on achieving objectives and/or the needs of individuals in a given situation and challenging or supporting an individual too much or too little!
09 Oct 2017 - 0 - 3485
British American Tobacco PLC’s unit in Sri Lanka says it’s poised to lose its dominant position in the market to leaf-rolled cigars made by small local rivals.
09 Oct 2017 - 0 - 3567
When the ambitious Belt and Road Initiative – with projects reportedly worth US $ 1 trillion – was first announced by President Xi Jinping in the autumn of 2013, many were sceptical of this Chinese move aimed at building up economic connectivity of 65 nations (China plus 64) along its ancient silk road and maritime routes.
06 Oct 2017 - 0 - 2716
Sri Lanka today carries a huge foreign debt burden. Sri Lanka’s external debt has averaged US $ 42632.32 million from 2012 until 2017, reaching an all-time high of US $ 47302.10 million in the third quarter of 2016. During the first quarter of 2017, according to Trading Economics, the external debt decreased to US $ 46514 million from US $ 46585.7 million in the last quarter of 2016.
06 Oct 2017 - 0 - 2868
The death toll from non-communicable diseases or NCDs (diseases of long duration and generally slow progression) is on the rise and accounts for more than a half of total deaths globally. According to the World Health Organisation (WHO), NCDs kill 38 million every year around the world and around 75 percent of these deaths are reported from low and middle-income countries, such as Sri Lanka.
05 Oct 2017 - 1 - 5905
Bamboo is a well-established cultural feature of many regions throughout the world. Its diversity and versatility are well-documented – some 1250 species and 1500 traditional applications have been identified. Notably, the main users are the rural poor and perhaps for this reason, it has largely been taken for granted by the wider community. As such, bamboo has not received the mainstream recognition it deserves as a material resource.
04 Oct 2017 - 0 - 3969
Sustainable tourism represents numerous avenues for development in any destination and will be achieved only when its social and environmental benefits are realized, in addition to its economic benefits. This is applicable to any form of tourism, ranging from mass tourism to small-scale tourism. The Sri Lanka Tourism Strategic Plan 2017 – 2020 identifies the core strategies to foster sustainable tourism.
04 Oct 2017 - 0 - 2196
In Asia, dealing with urbanization is an especially acute challenge. Urban infrastructure systems are bursting at the seams, struggling to meet the needs of growing population.
02 Oct 2017 - 0 - 3886
The dust is yet to settle on the collapse of Central Investments & Finance PLC (CIFL) and the Ceylinco group’s Golden Key Credit Card Company (GK). Many of its depositors are still awaiting settlement of their dues.
02 Oct 2017 - 0 - 2311
Not only do the great teammates allow different leaders to consistently emerge based on their strengths, but also, they realize that leadership can and should be situational, depending on the needs of the team. Sometimes a teammate needs a warm hug. Sometimes the team needs a visionary, a new style of directive, someone to lead the way or even, on occasion, a kick in the back.
29 Sep 2017 - 0 - 2421
In the 1950s and 1960s, the world economy was transformed by the emergence of the American consumer. Today, China’s rising ‘i-can’ generation is in the economic driving seat.
29 Sep 2017 - 0 - 2399
Yesterday, the world marked the International Day for the Universal Access to Information. Fittingly, we in Sri Lanka, celebrate seven months since the Right to Information (RTI) Bill was enacted.
29 Sep 2017 - 0 - 1927
Sri Lanka has been on the active lookout to improve its bilateral trade with the economic giants and the United States (US) is one of them. The interest is observed to be mutual, given the number of initiatives taken place in the recent past. However, to pick up pace that would allow both nation to
25 Sep 2017 - 0 - 1704
Your aim as a leader in engaging your team members to ‘go the extra mile’ is to work together with a common commitment to achieve optimum outcomes for everyone involved. By doing so, you achieve common objectives that directly benefit your organisation, you and your team members.
22 Sep 2017 - 0 - 2557
Failure. Many of us have been there. Some have refused to go beyond it while others have persevered and gone on to conquer great frontiers – be it business, entrepreneurship or anything else. But few have realized the value of failure as a teacher.
22 Sep 2017 - 0 - 2265
The stock market is a university for any entrepreneur that wishes to build a business empire, which creates a large number of employments for the economy.
21 Sep 2017 - 0 - 2975
La Almunia de Doña Godina, a small town situated in the fertile plains of Valdejalón in northwestern Spain, was buzzing with unusual activity one late afternoon a few weeks ago, when I was there to visit the headquarters of Cosanse, a local agricultural cooperative.
21 Sep 2017 - 0 - 2398
Google India Country Head Mohit Pande delivering the keynote at the CIMA Business Leaders Summit recently pointed out that Airbnb (Airbnb is an online marketplace and hospitality service, enabling people to lease or rent short-term lodging including vacation rentals, apartment rentals, homestays, hostel beds or hotel rooms) founded in 2006 is worth more than hotel giant Marriott founded in 1927 and also how start-ups are disrupting traditional bu
18 Sep 2017 - 0 - 4085
The government launched a new policy document titled ‘V2025: A Country Enriched’ early this month. The launching event seemed to have been designed to attract the youth with choreographic acts in an ultra-modern stage setting. The few youngsters who appeared along with the President and the Prime Minister on the stage posed questions to the two leaders.
18 Sep 2017 - 0 - 3488
Lee Iococca, one of the greatest American CEOs of all time, said, “The speed of the boss is the speed of the team.” He is absolutely right.
15 Sep 2017 - 0 - 2902
President Maithripala Sirisena and Prime Minister Ranil Wickremesinghe sat down together last week at the BMICH to answer questions from the public. It was a good show for the coalition government. But, ironically today people measure their leaders by action not by what they say in public.
11 Sep 2017 - 0 - 4110
You’re most likely aware that you unconsciously ignore background noise at work, such as the soft drone of air conditioning fans. Your mind appears to tune out such noises so that you can get on with the work in hand. Although this skill is essential for good concentration, you need to develop your listening skills when talking directly with people.
06 Sep 2017 - 0 - 4586
The current female labour force participation in Sri Lanka is around 36 percent. This means that a disproportionate majority of women still remain outside the labour market, with limited or no access to wages, pensions and other benefits tied to gainful employment.
06 Sep 2017 - 0 - 14846
Because transactions are made in US dollars in international trade, the value of the rupee is measured against the US dollar. Any country engaged in importing and exporting activities has to buy US dollars for its transactions in the foreign exchange market, the market where currencies are exchanged.
04 Sep 2017 - 0 - 6239
The ultimate goal of socio-economic development is to improve people’s quality of life dependent on access to the basic needs such as food, safe drinking water, shelter, clothing, education and
04 Sep 2017 - 0 - 2161
One of my clients – a leader of a medium-sized growing company – was emotionally agitated about the future of his company. I allowed him a little time to vent his anxiety and then I reminded him how great leaders look at the future, how they create a vision and values and how they create targets based on where they’re going.
01 Sep 2017 - 0 - 1861
The Sri Lanka Police presented its Annual Performance Report 2016 to parliament last week and it painted a dismal picture of the current state of affairs. The Sri Lanka Police reports that in 2016, it apprehended 388,722 kilogrammes of narcotics, a growth of 3,000 percent over the figure of 13,548 kilogrammes during the previous year.
01 Sep 2017 - 1 - 6155
A defining question for many countries today is how to deliver the smartest transition possible to a clean energy economy. While no formula exists, one thing is clear: countries will benefit from thinking big from the start.
30 Aug 2017 - 0 - 3181
Sri Lankans are gifted with two psychological traits by birth and they are being emotional and also being jealous. At a time we celebrate 150 years of tea in Sri Lanka, it will be a worthwhile effort to view as to how these two traits have affected the industry, the employees and the decision makers alike.
30 Aug 2017 - 0 - 2342
Sports lovers, particularly cricket fans, must be highly concerned about the unruly crowd behaviour at recent ODIs.
04 May 2024