Sri Lankan society is yet to learn about the benefits of life insurance, says Insurance Ombudsman, Dr Wickrema Weerasooria. “It should be ‘bought’ and not ‘sold’, as it happens now”, he insists.

The local financial landscape last week saw one of the nation’s well established development banks merging with its subsidiary with the aim of having its roots deeply embedded in the ever-changing and fast evolving world of banking.

Knowledge empowers people. Similarly adequate knowledge about the stock market will strengthen your portfolio and enable you to maximize your returns. 

At the end of April 2015, FXI — China’s prestigious Xinhua China 25 index, a key indicator of China’s stock market value — climbed dramatically, reaching over US $ 52 per share. 

Currently high-level discussions, arguments, news, etc., are transpiring about the negative and positive aspects of the private medical college...

The 2015 Index of Global Economic Freedom by the Heritage Foundation ranks Sri Lanka at 101 of 178 countries assessed with a score of 58.6. Sri Lanka’s

The new government, elected to govern the country for the next five years, has vowed to implement its flagship Megapolis project, which was included in its election manifesto.

?Supply is set to overtake demand at the high end of Sri Lanka’s residential property market, with a series of large-scale projects under way in and around Colombo.

South Asian economies stand to lose around 1.3 percent of their collective annual GDP by 2050 even if global temperature increases are kept to 2 degrees Celsius, experts and public officials warn.

Clean energy advocates believe that 100 per cent generation from renewable energy sources is the only way to meet the power demand and address global warming. 

Dileepa Wijesundera, Group Chief Executive Officer (CEO), Sri Lanka Telecom PLC during a recent interview reflected his un-dogmatic approach to his triple value propositions for the SLT in the next five years; namely the People Proposition, the Value

?Dr. Priyanga Dunusinghe has made a substantive contribution to the discussion on Indo-Lanka economic relations in his article entitled ‘Hypocrisy or backing Indian deals: Will Pathfinder Foundation find the correct path?’. 

The Pathfinder Foundation (PF) generally issues very useful analytical pieces on Sri Lanka’s much-needed economic reforms and promotes economic

?Department of Census and Statistics (DCS) released yesterday, the preliminary estimates of the current and constant annual Gross Domestic Product (GDP) for the second quarter (2Q) 2015 based on production approach following rebasing exercise underta

Sri Lanka’s securities watchdog, the Securities and Exchange Commission (SEC), is contemplating introducing new laws,...

Indian Express: In Sri Lanka, it is known as “doing puja to New Delhi”, but that notwithstanding, newly elected Sri Lankan leaders have a tradition of making the Indian capital their first port of call.

Since the turn of the century, not only have Sri Lankan exports declined as a share of its gross domestic product (GDP), but also in terms of its global share. 

Following are excerpts of the speech delivered by Planters Association (PA) Chairman Roshan Rajadurai at the 161st Annual General Meeting  held recently.

A series of high-level visits during the course of this year have formed the basis of attempts to reset Indo-Lanka bilateral relations.

?Ratnayake Tea Factory owned by Lanka Transport Private Limited in Deniyaya was able to obtain the highest price for ‘F.F.E.X. Special’ tea at the Colombo tea auction held last week. A maximum price of Rs.4,900 was received for one kilogr

The Tea Exporters’ Association (TEA) held its 16th Annual General Meeting (AGM) at Cinnamon Grand hotel recently, amidst a great number of distinguished guests and fellow members of the tea trade. 

The Republic of Korea’s (ROK) development record is arguably the most impressive since the end of the Second World War. 

The struggle to make the most of the world’s resources has many fronts—something worth remembering even as headlines trumpet the supposed end of the “commodity supercycle.” 

You have today, during the opening session of the 8th Parliament, in announcing the Policy Statement of the new National Unity Government,

The observance of human rights and ethical business practices would profit all businesses and help in the equal distribution of the dividends of economic...

The Pathfinder Foundation (PF) at the outset wishes to emphasise the need for the government (the President, Prime Minister, his Cabinet as well as the heads of institutions dealing with key economic sectors) to operate in a well-coordinated and cons

REUTERS: At the height of the 2008 financial crisis, as Wall Street slashed jobs, Beijing took advantage of the disarray to poach top Chinese financial talent from overseas to help reform its stock markets

Structural change is the process by which the distribution of economic output, the total of all sectoral shares with respect to a country’s Gross Domestic Product (GDP), shifts from one sector to another. 

Western Europe has been a key tourist market since the opening up of Sri Lanka to the world economy in 1978. Especially after the ending of the civil war in 2009, the strategic importance given to the tourism sector in the country has been rising.&nb

In the past two years, a number of European companies—among them, H&M, Primark and Tesco—began sourcing some of their garments from Ethiopia.