We believe Facebook can be a valuable force for democracy around the world, encouraging healthy debate, providing voters more direct access to their candidates and giving more people a voice in the political process. That is why we are focused on ens

Jonathan Alles, Managing Director and Chief Executive of Hatton National Bank (HNB) in an interview with Mirror Business speaks about the bank’s key achievements, banking sector performance, fourth industrial revolution etc. Excerpts:

The middle-income trap has become a concept deployed frequently in conversations among policymakers and academics in East Asia. The term is used by those trying to understand failed industrial upgrading in the region, which has occurred against a bac

As Sri Lanka’s annual public service salary and pension bill exceed one trillion rupees per annum for the first time in history, the writer calls upon Presidential Candidates to present their proposals for meaningful public service reform.

Marketing and finance are fundamental departments at any organisation. But usually they operate on their own without any connection to one another. While those in finance are often stereotyped, many business analysts believe that this disconnect is u

The National Chamber of Exporters (NCC) conducted the Export Vision 2030 Forum, at Marino Beach Hotel, Colombo 3, recently.

The performance of the Sri Lankan economy has been highly erratic during the period 2006-2018. A plot of GDP growth versus time for this period yields an inverse relationship despite strong growth in some years. As reported in the Daily Mirror (July

The 12th South Asia Economic Summit (SAES XII), organised by the Institute of Policy Studies of Sri Lanka (IPS) on September 26 and 27, 2019, in Colombo, brought to light several key opportunities and challenges facing the South Asian region in the n

Disruption and innovation are closely interlinked phenomena, which are coalescing at this critical juncture in time when the established world order is becoming increasingly under strain and unpredictable. It is therefore essential that Sri Lankan le

Much has been talked about and discussed about Sri Lanka’s tourism boom and the impending human resource shortfall that the industry will have to face.

The European Union delegation to Sri Lanka and the Maldives along with the United National Industrial Development Organisation (UNIDO) recently held a workshop as project consultation and validation for new initiative to support to the implementation

Sri Lanka is a country in the shape of an ellipse. While the central part is mountainous, the rest of the island is a flat plain. The distance from the North to South is about 420 km and from East to West, it is about 220 km at the maximum point.

ME Colombo, standing as the only design concept hotel in Colombo, with a mesmerising view of Colombo’s skyline, boasts high-end atmospheric offerings along with understated elegance and refined luxury,

Global stock markets seem jittery once again. After substantial rallies during the first half of 2019, stock markets have given back much of their gains over the last two months. Against fears over a global recession, an intensifying trade war betwee

Sri Lanka’s telecommunication industry is now at an interesting juncture. With two existing players merging their operations and the regulator removing the floor price on voice calls, the industry appears to be heading for exciting times. In this b

The education sector or more specifically the higher education sector is big business in Sri Lanka. One need not go far to understand its potential from an entrepreneurial point of view, as the Sunday papers are heavy with the number of special suppl

Marketers have been trying to crack the code of how millennials purchase products. They’re perceived to be a baffling group of individuals whose purchasing decisions are uncanny and random.

Sri Lanka is at risk of losing a US $ 480 million Millennium Challenge Corporation (MCC) grant due to a campaign of misinformation and political differences among the ruling ‘coalition’. The MCC grant represents the largest grant from a single so

Four months on from the brutal Easter Sunday terror attacks, Sri Lanka finally lifted its national state of emergency on August 22, 2019. While there has been much hype about what this means for economic productivity and tourism gains, the move has a

The common belief among the public is that there has to be a radical change in the current economic policies and work programmes undertaken during the last four and half years, as the overall economic growth has drastically reduced. Consequently, the

The second quarter of the Sri Lanka’s tea industry in 2019 saw a sharp decline in elevation averages in comparison to the first quarter.

Director General of Department of Export Agriculture, Dr. A.P. Heenkende delivered the keynote speech at 35th Annual General Meeting of the Spice and Allied Products Producers and Trades Association held in Colombo recently.

On August 24, US President Donald Trump announced an increase from 25 to 30 percent for the existing tariffs on US $ 250 billion of Chinese imports from October 1 and new 15 percent tariffs on US $ 300 billion of Chinese imports from September 1. In

They call it the dry zone. A huge area of Sri Lanka that lies towards the North of the island, where there is a real shortage of water for agriculture and drinking.

Over the years Sri Lankan lawmakers have taken progressive steps towards tobacco control and Sri Lanka has been recognised and lauded as a world leader in the global campaign to combat smoking. However, over engineering of regulations to combat smoki

The start-up ecosystem in the island has certainly come a long way and needs to talk more now about the failures than clichéd success stories and embrace them just as part of their journey ahead. In view of this, Hatch, a revolutionised workspace th

The Colombo Stock Exchange (CSE) in partnership with Daily Mirror is featuring a column on Mirror Business as an Investor Relations initiative. The column, which will be featured in a Q&A format, encourages S&P SL20 companies to bring attention to th

Inclusiveness is one of the salient features of the contemporary international development agenda, which means that nobody will be left behind in the development process. Gender is an important dimension of inclusive development.

One of the most common complaints of businesses/entrepreneurs in Sri Lanka is policy inconsistency and ad hoc policy changes. From the changes in taxes to changes in interest rates, Sri Lankan businesses are often faced with challenging conditions.

(San Francisco) REUTERS: U.S. central bankers are expected to lower borrowing costs this week for the first time since the depths of the financial crisis more than a decade ago. That’s the easy part.