In 2012, the Harvard Business Review named being a ‘data scientist’ the “The Sexiest Job of the 21st Century”. If that is not appealing enough, it is estimated that by 2020, there will be 40 trillion gigabytes (40 zettabytes) of data created.

The multilateral trading system and the liberal order on which it is founded are under immense strain. A toxic mix of populist appeals to protectionism and the invocation of national security concerns is disrupting and weakening the global value chai

The Scaling Up Nutrition Business Network (SUN BN), led by the United Nations World Food Programme (WFP), recently brought together 30 leading Sri Lankan businesses to pledge their support for three important agendas—improving workplace health and

Sri Lanka’s Human Development Index (HDI) value for 2018 is 0.780— which puts the country in the high human development category— positioning it at 71 out of 189 countries and territories, according to the 2019 Human Development Report released

LOLC Holdings PLC plans to sell its stake in a microfinance outfit in Cambodia to use the proceeds to fund acquisitions of microfinance firms in emerging markets such as Brazil and India, a Bloomberg news report said.

The government may raise some taxes to compensate the loss of tax revenue stemming from the sweeping tax cuts announced about three weeks ago aiming to stimulate economic growth, according to ICRA Lanka, the local arm of credit rating agency Moody’

In what could be termed as a crucial finding, only 3 percent of the population involved in Sri Lanka’s agricultural sector have a degree-level education or any form of tertiary education and the majority in the trade has completed schooling only up

Legendary investor and former chief of the Franklin Templeton Emerging Markets Fund, Dr. Mark Mobius, met with Prime Minister’s Senior Advisor on Economic Affairs Ajith Nivard Cabraal, at the Office of the Prime Minister, Temple Trees, yesterday. D

Transparency International Sri Lanka (TISL) yesterday revealed that while efforts are being taken to curb corruption in Sri Lanka, the lack of awareness on the mechanism to report the same remains a major obstacle to development and requires urgent

The Colombo Stock Exchange (CSE) has suspended the trading activities of equities broker Bartleet Religare Securities (Pvt.) Ltd (BMS), for one day.

(Colombo) REUTERS: Sri Lankan shares closed weaker for the fourth straight session yesterday, weighed down by foreign sell-offs and profit-taking in construction shares, while the rupee ended steady.

Commercial Bank of Ceylon has launched pre-paid cards that can be topped up with funds online and can be used for different or specific purposes while allowing its users to better manage spending and enjoy minimal exposure to risk.

(London) REUTERS: Oil prices fell yesterday after data showed Chinese exports declined for a fourth straight month, sending jitters through a market already concerned about damage to global demand by the trade war between Washington and Beijing.

(Hong Kong) REUTERS: More than one in 10 retailers in Hong Kong could close down in the next six months as social unrest and sometimes violent protests deter tourists, threatening the survival of smaller operators, the city’s main retailing group s

The recent hike in cigarette excise taxes to compensate for the reduction in value added taxes (VAT) is commendable, not only because this keeps government revenue from cigarettes unchanged, but also because it prevents a drop in the price of cigaret

The National Consultation on Climate Finance Mechanisms for Financial Institutions in Sri Lanka organized by ICC Sri Lanka together with UNESCAP brought together professionals from several sectors to discuss pressing issues in promoting climate-resil

As fireworks lit up the Colombo skies, Prime Minister Mahinda Rajapaksa on Saturday evening officially opened the Chinese-backed Colombo Port City for investors. The event also marked the addition of 269 hectares of reclaimed land from the sea to Sri

The Central Bank said the investors of promissory notes, commercial papers and debentures do not get the protection under its deposit insurance scheme and informed the public to exercise extreme care and be vigilant when investing their money in such

Seylan Bank PLC closed its rights issue of new ordinary voting shares and new ordinary non-voting shares to its shareholders on November 29, and the issue was fully subscribed by its shareholders.

(Colombo) AFP: The Maldives is seeking a ‘diplomatic’ solution to restructure its Chinese debt as the small but strategically located atoll nation struggles with repayments, the foreign ministry has said.

A new law is being drafted to license, regulate and supervise moneylenders and for the protection of borrowers as various unscrupulous parties are found to be exploiting the hapless consumers, the Central Bank said.

(Geneva) AFP: The World Trade Organization’s capacity to settle international disputes, a core function throughout the body’s 25-year history, is on the brink of collapse following relentless US opposition.

South Asia is facing severe water scarcity. As the region’s population grows and its economies develop, a lack of sustainable water development strategy is leading to increasingly acute water shortages.

Dame Anita Roddick (October 23, 1942 – September 10, 2007) was a British businesswoman, human rights activist and environmental campaigner, best known as the founder of The Body Shop, a cosmetics company producing and retailing natural beauty produ

Every nation, every community and each individual is facing the social and political impact along with the impact of violence. Interpersonal violence results in medical, policing and judicial costs immediately after the violent incident occurs and it

BEIJING (Reuters) - Tesla Inc said yesterday its Chinese-built Model 3 cars would receive state subsidies, a move that will help the U.S. electric vehicle maker’s push into the world’s biggest auto market. China’s industry ministry had

VIENNA (AFP) - OPEC countries were to meet again here yesterday after they failed to agree on output cuts that could stem price pressure from abundant reserves and weak global economic growth. Saudi and Venezuelan oil ministers voiced confi

PARIS (AFP) - Travellers faced a second day of chaos across France yesterday as unions pressed on with a strike aimed at forcing President Emmanuel Macron to abandon pension reforms that brought nearly a million people onto the streets. Dozens of tra

The government has banned the importation of spices and minor crops from midnight Thursday (05) to protect local farmers, a Finance Ministry communiqué said. The importati

HONG KONG (AFP) - Optimism over the China-US trade talks kept Asian markets buoyant yesterday, with investors betting the two will eventually sign a partial deal, though they remain nervous as next week’s deadline for fresh tariffs draws closer. S