Monday 21st April 2014

ACCA unveils competency framework for complete finance professionals

Published : 10:51 pm  May 14, 2013  |  Category: FT VIEW  |  Leave a Comment  |  728 views  |  

Association of Chartered Certified Accountants (ACCA) introduced an interactive checklist of competencies recently, which business leaders require from aspiring finance professionals. Based on a survey conducted with more than 500 Chief Financial Officers (CFOs), the report titled ‘The complete finance professional 2013: Why breadth and depth of finance matter in today’s finance function,’ identifies the key areas that CFOs look for in the finance function.  Read More →

Asia’s public services failing the needy

Published : 10:51 pm  May 14, 2013  |  Category: FT VIEW  |  Leave a Comment  |  513 views  |  

New Delhi, India: Public services in developing Asia’s are frequently failing to reach the needy, says a new Asian Development Bank (ADB) study which recommends improvements to avoid a further widening of the region’s already sharp divide between rich and poor.  Read More →

Piecemeal solutions

Published : 12:00 am  May 14, 2013  |  Category: FT VIEW  |  Leave a Comment  |  632 views  |  

EIGHT public enterprises that have made over Rs. 3 billion in losses will either be liquidated or restructured under public-private partnerships, Parliament was told last week. This will come as good news to many, but steps to rein in other institutions remain in the shadows.  Read More →

A few good men

Published : 12:00 am  May 13, 2013  |  Category: FT VIEW  |  Leave a Comment  |  364 views  |  

Numbers count, especially when it comes to money, which is why rolling back corruption has become one of the biggest issues for Sri Lanka. Last week, the arrest of the Deyata Kirula Chief Executive Officer (CEO) grabbed headlines and underscored the long road that the country still has travel on before it can become financially accountable. For now the best hope is for a few good men who listen to their conscience and act as whistleblowers.  Read More →

Self-serving policies

Published : 12:00 am  May 11, 2013  |  Category: FT VIEW  |  Leave a Comment  |  696 views  |  

UNFAIRNESS and wastage are a regular part of Government policy making, it would seem, as new plans are being revved up to give duty free vehicle permits even to former provincial councillors regardless of the fact that Rs.57 billion has already been lost in public funds through such moves.  Read More →

A case beyond a class

Published : 12:01 am  May 10, 2013  |  Category: FT VIEW  |  Leave a Comment  |  388 views  |  

AN exasperated Speaker has decided to hold classes to teach Members of Parliament the basics of decorum when they are seated in the House. This is clearly a long-overdue move, but the public would argue not enough given the deplorable shenanigans that take place not just in Parliament but also at provincial council level.  Read More →

Time for new strategies?

Published : 12:00 am  May 9, 2013  |  Category: FT VIEW  |  Leave a Comment  |  445 views  |  

The first quarter results of tourism for the year released on Tuesday show the lowest quarterly growth since 2011, which is recorded at 10.9%, bringing in a total of 288,798 tourists to the country and raising fears that the industry may not be able to meet the 1.25 million target set for 2013.    Read More →

Flooded with questions

Published : 2:12 am  May 8, 2013  |  Category: FT VIEW  |  Leave a Comment  |  614 views  |  

Rains have returned, bringing their usual devastation. Colombo was submerged in flash floods that seem unabated despite massive infrastructure development programs, while an estimated 23,000 people were affected in the Western Province.  Read More →

Female labour force participation

Published : 12:00 am  May 7, 2013  |  Category: FT VIEW  |  Leave a Comment  |  1,291 views  |  

WHAT ails Sri Lanka’s female workforce? Despite Sri Lanka attaining middle income status in 2010, its female labour participation remains the lowest in South Asia, creating many questions over this largely-neglected issue.  Read More →

Change the blame game

Published : 12:00 am  May 6, 2013  |  Category: FT VIEW  |  Leave a Comment  |  444 views  |  

The no-confidence motion that will be taken up in Parliament this week against Foreign Employment Promotion Minister Dilan Perera provides a telling context within which to discuss protection of migrant rights. Parliament will on Tuesday debate a no-confidence motion on Perera, prompted by the execution in Saudi Arabia of Lankan housemaid Rizana Nafeek. The motion, signed by 14 UNP MPs, accuses the Minister of failing to extend meaningful support in any manner to Nafeek, who was executed in Saudi Arabia earlier this year after being convicted of killing an infant in her care.  Read More →

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