As investors turn to the Sri Lankan equity market to secure their futures, the presence of a regulator is more compelling t han ever. Accordingly, it is inevitable for the Securities and Exchange Commission of Sri Lanka (SEC) to continue to safeguard

When Mahinda Rajapakse was toppled by a "peoples' power" anti-corruption vote on January 8, there were messages from Western leaders and op-eds in newspapers in London, New York, Toronto and Oslo welcoming the success of another "r

With the tourism sector in Sri Lanka recording remarkable growth in the recent past, it is imperative to ensure such growth is environmentally sustainable. In this regard, the accommodation should receive foremost attention given its expansions both

One of the most valuable assets that any business has is its people. There should be highly qualified and motivated employees, so that employees are able to shape the future of the business, making it more profitable and competitive. The truth is tha

It was King Solomon, the king of Israel, who onetime said, “Where there is no vision, people perish.”He was the third king of Israel, who built Israel to become a powerful nation with great prosperity. History records that many leaders fr

“G reat leaders are God-gifted, not man-made.” This quote sums up the basic tenant of the Great Man theory of leadership – i.e. you are either a natural born leader or you are not.

It’s 7.25 p.m. as you arrive with your wife and son, to be greeted by the hostess standing at the entrance to the restaurant, with a ‘Do you have a reservation?’ There was no ‘Good Evening’ or similar salutation, surpris

Rudy you’ve invested the last 20 years of your professional career in, as you say, “Keeping family businesses healthy.” That’s admirable but why did you choose this profession? Or should I call it “your passion?”To

The Pathfinder Foundation (PF) has been consistent in its call for prudent fiscal management and market-oriented policies. In Economic Alert No: 67 titled ‘The election manifestos: An auction of nonexistent resources and beyond’, it highl

Increasing number of evidence suggests organisational culture affects the strategic organisational decision-making. The evidence suggests that in a specific cultural context a particular form of participate decision-making is more appropriate than ot

Many people invest in dividend-paying stocks to take advantage of the steady payments and the opportunity to reinvest the dividends to purchase additional shares. Since many dividend-paying stocks represent companies that are considered financially s

The persistent and culturally-embedded nature of demand for agarwood by endconsumers has placed the current global market at an estimated range of US $ 6 – 8 billion with rapid growth foreseen in the future. Resinous agarwood is extracted from

Within a relatively short period, the Sri Lankan rubber products manufacturing industry has successfully evolved from a relatively small and unknown entity and has become a reputable major world supplier of quality rubber products.

Sri Lanka, since colonial era, has been playing a significant part in international trade.As a country that is blessed with natural resources, the main reason as to why imperialists came to this tiny island was its export-oriented natural resources s

In a recent study done by Frances Moore and Delavane Diaz of Stanford University which focuses on climate ‘damage functions’ point to stronger impacts on the world’s poor that will be caused by climate change, than predicted before.

The international management consultancy MTI recently concluded its 4th CEO Business Outlook Survey, with the results officially revealed by MTI International CEO Hilmy Cader, at CIMA Corporate Partners Launch 2015.

Years ago, a gunman murdered seven people in a fast-food restaurant i n a suburb of Chicago, USA. In his dual roles as an administrative head and spokesperson for the police department, Police Chief Walter Gasior suddenly had to cope with several dif

4.1 The original Budget 2015 expected a total revenue of Rs.1,594 billion, which consisted of Rs.1,400 billion of tax revenue and Rs.194 billion of nontax revenue. Total expenditure and net lending was Rs.2,990 billion of which recurrent expendi

There is a saying in Sinhala that a farmer, whose mud has been washed off, is suitable for kingship. Kingship aside - we now have a gentleman farmer, who is our president, a man who has never forgotten his roots deep in rural Sri Lanka.

Newspaper reports highlighted the very divergent views expressed by the Finance Minister and the new Central Bank Governor. The Finance Minister certainly knows the game better than the Governor because he has been a vocal critic of the previous admi

The way we define leadership has evolved throughout the human history to the premises, beliefs and understandings of today. By studying evolutionary theories and philosophies of leadership similarities and differences can be identified. With this bac

An Asian Development Bank (ADB) climate and economics report for South Asia, released some time ago stated that climate change will affect South Asia more than most other regions. South Asia’s weather is likely to become hotter than the global

With the launched 100 Days Programme of the Government of Sri Lanka, it has been suggested to look at the reforms required in the local film industry with the view to address its immediate concerns with short-term and long-term benefits. This is to p

Sri Lanka has undertaken key initiatives to facilitate trade and transport over the years. Vital agencies in the trading process such as the Sri Lanka Customs and Sri Lanka Ports Authority have taken measures to facilitate trade through the automatio

Asia is making remarkable progress in development and poverty reduction. But, why have some countries developed more rapidly than others? In the 1950s, the Philippines was second only to Japan in per capita gross domestic product (GDP), but slipped t