During Sri Lanka’s parliamentary elections last week, former President Mahinda Rajapaksa conceded defeat, ending his hopes of returning to power as Prime Minister. With President Maithripala Sirisena’s power further strengthening, some me

Irrespective of whether the Indo-Lanka Free Trade Agreement (ILFTA) is going to be extended to a Comprehensive Economic Partnership Agreement (CEPA) or not, one cannot ignore the importance of the Indian market for Sri Lankan exporters.

AFP: Asian stocks nosedived yesterday, led by sharp falls in Shanghai as concerns mount over the health of China’s economy -- the world’s second largest.

Before the 2008 global financial crisis, bank monitoring focused primarily on risks to individual institutions, or what are generally referred to as prudential risks.

About a decade ago we observed that there was no easily communicable growth strategy we could recommend to policymakers in the middle income economies in Asia.

?Following are excerpts of the speed delivered by Chamber of Construction Industry President Dr Surath Wickramasinghe at a recent seminar organized by the National Chamber of Commerce of Sri Lanka themed “Construction Industry and the way forwa

In recent days, important voices have been raised about the dangers of completing the Comprehensive Economic Partnership Agreement (CEPA) with India and constructing a land bridge between the two countries.

As reports on the Joint Comprehensive Plan of Action (JCPOA) agreement between Iran and the P5+1 — the United States, United Kingdom, France, Russia, China and Germany

At the Sri Lanka Economic Summit held recently, the Prime Minister has indicated that a systemic approach is necessary to achieve the target of US $ 50 billion exports annually. Dinesh Weerakkody responding to this (reference August 10, 2015, Mirror

The Constitution of Sri Lanka stipulates that education is a fundamental right. The population has achieved a literacy rate of 98.1 percent.

Sri Lanka would have to overhaul its tourism promotion strategy to capitalize on the ever booming global cruise tourism industry enjoyed by high spenders by attracting the big names in cruise shipping...

MTI Consulting, over the last 18 years, has worked on organisational restructuring projects across diverse public and private organisations in over 40 countries.

?Supported by the European Union (EU), the United Nations Office for Project Services (UNOPS) has partnered with Mobitel Sri Lanka to establish a modern tracking system in the Batticaloa District to monitor the waste collection vehicle fleet of the L

With the onset of political stability, Sri Lanka has actively pursued a policy of vigorous industrial and economic growth.

Success doesn’t come overnight nor does it happen by accident. To achieve success and sustainability, businesses must create, innovate, strategize and execute the plan with diligence. 

When discussing Asia’s economic success, economists always take Singapore as a role model to develop nations and create wealth.

The previous Verité Insight titled ‘Exports to India: putting the “free” back into the free trade agreement’ highlighted that when negotiating trade agreements, ...

In the early years after independence, it was generally accepted that the government’s role was limited to providing defence,

Following is the speech by Deputy Minister of Policy Planning  Dr. Harsha de Silva, delivered at the 18th Annual General Meeting...

?When the Janatha Vimukthi Peramuna (JVP) met the representatives of the private sector as a prelude to introducing their manifesto ‘The Accord of the Conscience’, it was more than a mere historic meeting.

The corporate and academic sector in Sri Lanka was recently given a lesson on the power of simplicity by Ken Segall, who was the Creative Director of Apple Inc.’s advertising agency TBWA/Chiat/Day.

?Following is the speech of Securities and Exchange Commission of Sri Lanka (SEC) Chairman Thilak Karunaratne at the SEC’s Certificate and Diploma Awards Ceremony 2015.

The fourth Annual Certificates and Diploma awards ceremony organised by the Capital Market Education and Training (CMET) of the Securities and Exchange Commission (SEC) was held recently.

The long-term prospect of our agricultural sector is severely constrained by extreme inefficiencies in both markets and public policies.

Sri Lankan banks and companies in general should transform themselves to be relevant in a changing future, according to experts who presented their views at the CIO Agenda 2015 held at Cinnamon Grand this week.

Infrastructure megaprojects are crucial to the future of cities, states and individual livelihoods. The problem is that these projects often go off the rails, either with regard to budget or time—or both.

A knowledge economy widely uses knowledge for the country’s growth and development process. Knowledge economy is closely linked with science and technology, innovation, research and development. 

?Following are excerpts of the speech delivered by Sri Lanka Logistics & Freight Forwarders’ Association Outgoing Chairman Dushmantha Karannagoda, at the 34th Annual General Meeting held recently.

?The Pathfinder Foundation in its blueprint on economic reform, ‘Charting the Way Forward: Prosperity for All’, highlighted the following paragraph:  Sri Lanka needs to follow good practice which is being pursued by an increasing nu

India’s domestic and international economic choices have not always been the wisest. At independence, India was determined to transcend the distorted pattern of economic integration with the world that two centuries...