A few days ago we interviewed seven candidates with MBAs for a senior leadership position.

Proparco, a French development finance institution, has allocated a US $ 60 million credit line to National Development Bank PLC (NDB), with an additional US $ 15 million from its Dutch counterpart, FMO, under a joint facility to support the financin

Despite Central Bank’s (CB) push to cut lending rates, the broad uncertainty prevailing in the market over the ability to sustain low interest rates in the foreseeable future is seen keeping prospective borrowers at bay, leading to low demand f

The Ceylon Chamber of Commerce (CCC), Sri Lanka’s premier business chamber, yesterday endorsed the recent monetary policy measures implemented...

The most recent rubber Industry report of IRSG indicates that a negative growth of natural rubber (NR0 production in the face of steady rate of NR consumption...

Sri Lanka will experience a massive wave of cyber attacks in the near future due to inadequate prevention methods and privacy laws as well as non-compliance,...

In his excellent book, ‘Leading at a Higher Level’, Ken Blanchard writes, “It is estimated that a leader’s actions are at least three times as important as what he...

The Ministry of Disaster Management together with the World Bank launched a Climate Resilient Program yesterday.

Foreign Direct Investments (FDIs) into the country during the first eight months of the year has surpassed the billion dollar mark, according to the country’s Investment Promotion Minister.

Nothing could have been more devastating than losing one’s child – the anguish of the mother who lost her eight-year-old daughter to a child molester...

France’s top-ranked company and the world’s third largest container shipping company, CMA-CGM Group is to set up a Shared Service Centre (SSC) in Colombo...

Today despite all the hype, at the top, only 24 of the Fortune 500 CEOs are women, which is less than 5 percent. In Sri Lanka,...

September thus far has brought a bag of goodies for the Colombo Stock Exchange (CSE) and the Sri Lankan economy by way of positive economic news...

The downing of Malaysian Airlines flight MH17 by a high altitude missile, whilst flying over Ukraine,...

The Central Bank (CB), disturbed by the massive excess liquidity lying with the banking sector without productive usage,...

The Global Competitiveness Report is produced by the World Economic Forum and currently compares and ranks the competitiveness landscape of 144 countries.

Sri Lanka’s confectionary manufacturers charged the government that the existing tax policy is virtually killing the local industry and as a result,...

Early Monday 22nd September morning, a business leader rings and states “Wow! Now there is light at the end of the tunnel”.

It is very important to implement anti-dumping regulations  in Sri Lanka. In other words, a common mechanism to protect our domestic industry from...

State coffers will have to inject billions of rupees to state-owned banks in ensuing 5-years to meet the increased capital requirements under BASEL III rules which are forthcoming, according to a global consultancy firm.

Adopted at pace by central banks around the world, China’s renminbi (RMB) is now seen by many as a de facto reserve currency – and well underway to...

Sri Lanka’s neutrality in the politically divided South Asian (SA) region and impending reforms in the coutry’s financial sector will unleashSri Lanka’s neutrality in the politically divided South Asian (SA) region and impend

That good relationships among team members should have an apparently positive impact on team performance makes sense.

The petitioner in the Touchwood winding up case yesterday filed a motion to summon all former directors of the company in order to obtain details about company assets.

From the first time a groundbreaking gender audit was outlined in the Australian Parliament in 1983 to its adaptation by over 40 countries later on, a gender audit has strived to measure the impact national policy has on women.

In an interesting revelation, the latest Household Income and Expenditure Survey (HIES) showed Sri Lanka’s poorest 20 percent households live on a monthly income of Rs.10, 245 while the richest 20 percent receive a monthly income of Rs.121, 368

Reversing the nine-month trend, Sri Lanka’s trade deficit widened by 55.2 percent to US $ 891 million in July 2014 from a year ago, due to rise in fuel imports as the country imported more of refined oil instead of crude oil.

As Sri Lanka’s bilateral trade with the Holy Land surged by 178 percent since 2007, Sri Lanka has signalled even closer B2B links with the historic State.

As a result of the stricter and higher equity Tier I capital requirements demanded by the forthcoming BASEL III rules,...

It was all for a good cause but the ALS Ice Bucket Challenge came, conquered and left the rest of us feeling vanquished with the speed,...