The sprightly 30-something engineer at Hambantota port reels off the benefits of this port-industrial complex on the southeastern tip of Sri Lanka about 240km from the capital Colombo.

?According to a media report, a high-powered Bilateral Committee is to be set up to prepare a new draft frame work for fresh negotiations between India and Sri Lanka related to the CEPA. 

Lee Kuan Yew was quite simply, and unquestionably, one of the outstanding national leaders of the last hundred years.  He worked on a small canvas, but what he achieved in tiny Singapore not 

?Prime Minister Ranil Wickramasinghe presented the 19th amendment to the 1978 constitution in parliament on March 24th and the Bill, if approved by parliament will make the Prime Minister the Head of the Cabinet of Ministers with powers to appoint it

It is a bitter irony that the International Women’s Day came right on the heels of the controversy about the government ban on a BBC documentary about the fatal 2012 gang rape of a young Indian woman known by the pseudonym ‘Nirbhaya&rsquo

Otara Gunewardene, one of the most successful women entrepreneurs in Sri Lanka, was the invitee at the 61st LBR LBO CEO Forum held at Cinnamon Grand this week. 

?Developing Asia will maintain its strong economic growth in 2015 and 2016 supported by soft commodity prices and recovery in the major industrial economies, says a new Asian Development Bank (ADB) report.

?One does not need additional explanations to highlight the importance of water for every human’s survival. In addition to being a basis for our survival, it is also at the core of sustainable development. 

World Water Day 2015 was celebrated yesterday (March 22) under the theme ‘Water and Sustainable Development’. In this article to mark the day, Chatura Rodrigo and Athula Senaratne highlight the importance of integrated urban water managem

?National Asset Management Ltd (NAMAL) felicitated their retail sales team for their dedication and performance excellence at their annual “Retail Sales Achievers Awards” held recently. 

AFP: Every day, Aditya Kumar cycles around 40 miles with a heavy load of books and his few possessions on the back of his battered old bike to bring education to India’s slum children.

?The persistent and culturally-embedded nature of demand for Agarwood by end-consumers has placed the current global market at an estimated range of US$ 6 – 8 billion with rapid growth foreseen in the future. 

After tense ties during the Rajapaksa administration, newly elected Sri Lankan President Maithripala Sirisena’s decision to visit India on his first overseas trip signifies a renewal in the India–Sri Lanka relationship.

? Interest in International Public Sector Accounting Standards (IPSAS) and its adoption has increased sharply in recent years, following the attention focused on government’s management of public finances in the wake of the sovereign debt

The International Women’s Day is globally celebrated on March 8 every year. This year’s celebrations under the theme ‘Empowering Women - Empowering Humanity:

We continue with the last part of our four-part study on how to make right decisions. We discussed at length the tools and techniques the professional uses to arrive at right solutions.

Prime Minister Narendra Modi will visit the Maldives, Mauritius Seychelles and Sri Lanka during this month to reinforce India’s foreign policy objectives. A number of political, economic, social and security issues would constitute the agenda a

One of the easiest ways to boost economic activity is by promoting regional economic integration that facilitates freer movement of goods, services and investment, helping to achieve regional developmental objectives by creating jobs. But in eastern

Xinhua: The South Harbour terminal handled 680,000 containers in 2014, enhancing the total capacity of t he Port of Colombo by 14 percent, the fastest growth among the world’s ports last year, said Colombo International Container Terminals (CIC

It was promised that all subsidies and price reductions would be from savings derived from eliminating wastage of public funds without imposing any new taxes. Presumably such promises are only to the poor.

Following is the speech delivered by Lakshman Kadirgamar Institute (LKIIRSS) former Executive Director Asanga Abeyagoonasekera recently, at the Consortium of South Asian Think Tanks (COSATT) Regional Conference on ‘Deeper Integration for Peace

The IMF tends to be the refuge of countries that have mismanaged their economic affairs. In this context, it is important to recall that Sri Lanka has had to obtain balance of payments support from the IMF on a number of occasions.

Oil prices stabilised in Asia yesterday following sharp gains in the previous session as dealers predicted the end of volatile trading and the beaten-down commodity bottoming out, analysts said.

Over the last two decades, there has been a tightening of public standards, a shift from product standards to process standards, an increase in the importance of private standards and a widening scope of standards.

Finally we have an opposition within the government. Did they cunningly vote for the budget, guessing it was the best way to defeat the government? Clever!So can the UNP save RW or does MR save the SLFP? Who is the UPFA now hiding behind a betel leaf

The floating armouries in the Indian Ocean are a lively topic of discussion at present in Sri Lanka. Two companies namely Avant Grade (AG) and the parent Rakna Arakashka Lanka Ltd (RALL) are known to have stockpiled a cache of sophisticated arms for

A budget seminar organized by the Institute of Chartered Management Accountants was held yesterday. Following are excerpts from the Q&A audience had with Finance Minister Ravi Karunanayake.

President Maithripala Sirisena during his first official visit since becoming President, entered i nto a bilateral on nuclear energy with the Sri Lanka’s neighbour India.The bilateral agreement signed on cooperation in the peaceful uses of nucl

Last year marked the 40th anniversary of Temasek, one of Singapore’s two sovereign investment funds (SIFs), along with the Government Investment Corporation (GIC). Set up in 1974 as part of t he newly i ndependent city-state’s nation-buil

With the urban population swelling the world over, it makes sense that we start or go back to creating cities for people too.People are a city’s principal raison d’etre, so cities should be designed or redesigned to address one aspect tha