Today, we, as a nation, are going through an era where the debate on national economy has probably assumed unprecedented heights. Yet, it is an irony that no clear dialogue has yet emerged about the future strategic direction of the development of S

Teams are the force that drives most organisations. As a manager or supervisor, you would have seen hostility, conflicting goals and unclear expectations within your teams. These are symptoms of an unhealthy team. To avoid these harmful effects, you

Technology has played a key role in the financial services industry. Today, however, a number of new and rapidly accelerating trends are emerging that promise to usher in an entirely new paradigm.

Sri Lanka’s banking sector which is already entangled in a complex consolidation drive, will soon have to gear itself up to embrace wide ranging capital and liquidity coverage requirements to be implemented under the third and latest instalment

The Sri Lankan rupee ended slightly firmer yesterday due to inflows from remittances and exporter dollar sales, while one-month forward premiums fell to more than a three-year low on the hopes of further gain in the currency.

We ponder it over coffee and mull over it at work; it is always on the back burner somewhere as far as women who aspire to the top are concerned. Can we truly achieve the ultimate work-home balance that keeps all the stakeholders happy?

With world tea consumption expected to reach 3.36 million tonnes by 2021, the industry must address the ethical issues that leave it lagging behind in sustainability. Challenges are many.

There are as much as 15,000 vacancies in the country’s Export Processing Zones (EPZs), and this high dearth of labour is hampering the operations of factories located in them, Investment Promotion Minister Lakshman Yapa Abeywardena said.

The government has managed to contain its budget deficit to 3.5 percent of gross domestic product (GDP) during the four months to April 2014 due to the expanding economy but the deficit in absolute terms has edged up to Rs.347 billion from Rs.343.5 b

Sri Lanka has the potential to become a South Asian logistics hub. In fact, it’s an opportunity that is hers to lose. She commands a strategic location adjacent to one of the world‘s busiest shipping-lanes (which by some estimates account

Despite Sri Lanka currently not being in a state of war and not facing foreign invasion, the country is ceaselessly engaged in cyber warfare, and a gap in the lines may bring the country’s economy to its knees, Central Bank Governor, Ajith Niva

It was with lot of interest I went through the recently issued IPO prospectus of Lucky Lanka Milk Processing Company Ltd (“Lucky Lanka”). My interest in this company was not only because I am a consumer of Lucky Lanka products, but becau

Cargills Bank, which officially opened its doors to the public yesterday, said it is currently negotiating with a company engaged in finance and leasing businesses under the finance sector consolidation process set in motion by the Central Bank.

Sri Lanka’s manufacturing signalled an expansion in the first quarter despite cost pressures, while the country’s global competitiveness ranking has moved up by three notches. “The Factory Industry Production Index that stood at 106

In traditional China, women have always taken a back seat. Sons have been preferred over daughters. Recognized as a global powerhouse of economic growth, as China hits the 21st century, the status of women there seem to be changing; from one in which

A leading global electrosurgical gear maker with nanotech capacity is exploring Sri Lanka’s healthcare sector for entry. “We are gold standard in terms of electrosurgical gear and operating theatre equipment.

Political stability and social harmony are crucial for creating a conducive enabling environment for sustained development and upliftment of the lives of all Sri Lankans. Any instability on these fronts has serious adverse implications for developmen

Nearing mid-year 2014, the Colombo Stock Exchange (CSE) has gained 5.6 percent with the All Share Price Index (ASPI) advancing by 352 points. Despite marginal volatility, the activity levels or more commonly described based on average daily turnover

IFC, a member of the World Bank Group, will lend US $ 28 million to the Sri Lankan apparel manufacturer MAS Capital (Pvt.) Ltd and its subsidiaries to support the group’s expansion and innovation plans.

As Fairtrade becomes the latest sales driver in international markets, Sri Lanka has stepped up its efforts to meet the new standard. A promising Lankan export niche has become the successful testing ground for Sri Lanka’s entry into global Fai

International inbound tourists (overnight visitors) are the number of tourists who travel to a country other than that in which they have their usual residence, for a period not exceeding 12 months and whose main purpose in visiting is other than an

Sri Lanka’s insurance industry sustained its growth during the year 2013 with the overall gross written premium (GWP) growing 8.39 percent year-on-year (YoY) and the total assets increasing 12.9 percent YoY, the Insurance Board of Sri Lanka (IB

Last week we were talking about problem-solving teams. We noticed that these teams are temporary and short-term, focussed on one problem, meet occasionally for short periods of time, are cross-functional and comprise only a few members with relevant

Many investors have shown great interest in investing in the Colombo Stock Exchange. However, there may be some investors who don’t have time to follow the market as well as their investment. Today’s article will suggest an alternative me

The global banking giant HSBC has put Sri Lanka back in its good books over her accelerated macro-economic growth driven by supportive monetary policy and rise in exports, booming tourism, construction and manufacturing sectors and the perking up of

Asian shares were mixed yesterday, following another record close on Wall Street, while the dollar faced some downward pressure after the US Federal Reserve indicated interest rates would stay ultra low into next year.

A knowledge hub is a location where you can source skills and capabilities for the creation of products, services, knowledge and also for the creation of wealth. Some countries have targeted industries so that the country and the economy will be know

Some of the world’s greatest entrepreneurial ventures have been started by friends. Steve Jobs and Steve Wazniak were friends who started the story of Apple in the home garage. Many other business legends also chose the same route. Entering ent

The recent unfortunate incidents that erupted in Aluthgama and Beruwala areas will have an adverse impact on the country’s tourism sector in the backdrop of Middle East being the fourth largest inbound tourist market for Sri Lanka, according to

Following is the speech by Asian Development Bank (ADB) President Takehiko Nakao themed “Chance of Sri Lanka  to Be the Next Asian Miracle”, delivered at the Academy of Financial Studies (AFS) conference in Colombo recently.