The anticipated national elections have spawned a spate of misguided and unaffordable claims and counter claims. There have been calls for price controls for ‘essential commodities’ and a higher guaranteed price for paddy farmers as we

While global attention has been fixed on the geostrategic discord between China and its neighbours in Southeast Asia, their economies have been discovering new harmonies.

The unusual monetary policy transition lag - the time taken for the monetary policy action to reflect in market interest rates and inflation is puzzling Central Bank (CB) officials, as even after 20-months in to the monetary easing, the projected

The second largest state sector bank, People’s Bank has cut its pawning exposure by as much as Rs.120 billion from January 2013 through September 30, 2014,

Facebook has gained immense popularity as a social media website. It serves to connect millions of people across the world.

It is believed in business circles that the plantation industry is no longer a dominant force in Sri Lanka’s economy.

Though the mandatory offer price of Rs.22 per share for Odel PLC (Odel) shareholders is a fair price, an investment bank has cautioned investors over its highly subjective nature and the valuation being entirely based on historical figures.

The Central Bank (CB) yesterday decided to keep key policy rates unchanged for the ninth consecutive month in October as it sees a slight turnaround in the private sector credit growth and inflation remaining at benign levels with further downward

Apple and Facebook, two of the world’s biggest techno companies are willing to  pay women staff to freeze their eggs because the companies want to help them build their careers– or as the women would like to have it, empower them

Poverty – a condition where people’s basic needs for wellbeing are not being met - is a multidimensional issue that affects most, if not all, nations. Despite huge success in reducing poverty in many parts of the ...........

Export-Import Bank of Malaysia (EXIM Malaysia) is willing to invest US$500 million in Sri Lanka, and is evaluating infrastructure, IT and energy related ventures in the country.

The All Share Price Index (ASPI), which rose to 7,406 points, peaked on October 3, 2010 (the highest the index has achieved since the all-time high in February 2011) and started to take a breather in the subsequent days.

There’s a huge reservoir of loyalty floating around out there.  People are loyal to their nation. People are loyal to their president. People are loyal to their political party. People are loyal to their club. People are loyal to thei

Hemas Holdings PLC yesterday said it had entered into a share sale and purchase agreement to fully divest its shareholding in Hemas Power PLC to a consortium of buyers, consisting of NDB Capital Holdings PLC, ACL Cables PLC and Trydan Partners Privat

As a result of the continuous awareness campaigns conducted on the benefits of listing on the Colombo Stock Exchange (CSE), there are now more than 50 companies in the pipeline seeking listings on the bourse, according to the capital market regulator

Sri Lanka is one of the least urbanized countries in the world. Sri Lanka’s low level of urbanization appears to be an exception for a middle-income country. Possible reasons for low urbanization include historical factors such as development o

Sri Lanka’s economy is growing steadily and recorded a gross domestic product (GDP) of 7.8 percent p.a. at the end of the second quarter this year. An improving external environment, higher investments and a recovery in domestic consumption, al

We have seen how successful leaders have mastered the art of self-leadership. They are authentic, reliable, fair and trustworthy and also compelling. Such leaders have also taken time to crystallize a personal vision of the future, which will become

The Hong Kong-based luxury hotel developer, Shangri-La Hotels and Resorts is to invest on a residential apartment complex in Sri Lanka, and the land transfer towards it is expected to take place this week, according to the country’s Investment

President Mahinda Rajapaksa has asked the ruling coalition ministers to prepare for a ‘national election’ which is to be announced shortly. According to Investment Promotion Minister Lakshman Yapa Abeywardena, they have not still been to

The country’s Treasury Secretary yesterday asked the pensioners who live on interest received on fixed deposits to invest their money in the stock market as going...

It is no secret that our habits, whether at work or leisure, have been transformed overnight with the arrival of the smartphone.

The trade deficit widened for the second month in a row as the August trade deficit expanded by 32 percent to US $ 733.2 million,...

Economic research and theory is quite clear on the ‘returns to education’: education is generally positively correlated with jobs and income levels.

Barry Posner, in his best-selling book – ‘The Leadership Challenge’ – says that the qualities we want in a leader are essentially the same ones we want in a friend or co-worker or a partner, ‘except for one’. In le

Despite much optimism over the 2H14 private sector credit growth, the latest data shows that Sri Lanka’s banking sector credit to the private sector firms and the personal customers in July has dipped to a new low of 0.8 percent from a year ago

The much-awaited utilization of ‘tea promotional fund’ is expected to be put into its intended use before the end of this year, as 50 percent of the fund will be returned to the tea exporters to strengthen their existing promotional campa

“Sri Lanka’s construction sector claims only 7.3 percent of GDP. However, the sector is much more important than these numbers would indicate. There is a strong SME presence in this sub-sector,” said Industry and Commerce Minister R

The Colombo Stock Exchange (CSE) in collaboration with Securities and Exchange Commission of Sri Lanka (SEC) will host the country’s second international...

We all have our favourite TV shows – from the law enforcement shows such as Police Woman of yesteryear to LA Law, Law & Order Special Victims Unit and...