Brand Japan lost $ 679 b in just one year

Views - 978 Tuesday, 19 November 2013 00:01

As Sri Lanka is moving out of the CHOGM fever, the question asked by many is, what was the ROI that Sri Lanka made from the event? The Commonwealth Business Forum Secretariat is very clear that it only works as a platform for businessmen in the worl

Marketing a brand without advertising

Views - 2847 Tuesday, 12 November 2013 00:01

With the development of the country in the 1970s, its consumption patterns changed from self-sufficient to exchange economy where the rural lifestyle of milking cows for liquid milk consumption moved to packeted milk powder, in order to adjust with t

How politics kills economic development

Views - 1093 Tuesday, 5 November 2013 00:02

In the recent past the Maldives has been in the news for the political turmoil that has been unfolding, with elections annulled and re-polling being opposed by different parties. Whilst the realities can be different to perception created, the fact o

FTA with China?

Views - 1339 Tuesday, 29 October 2013 00:30

In the recent past we have seen the media hype over the proposed FTA with China on the sidelines of CHOGM. This development is key given that Sri Lanka, Vietnam and Bangladesh were at just $ 2 b in exports way back in 1990 but today Bangladesh as sur

Chinese lesson for SL on hosting CHOGM

Views - 1486 Tuesday, 22 October 2013 00:17

If we were to drive around Colombo, the one thing that we see is the beautification of the city taking place in view of CHOGM that is to be staged in Sri Lanka shortly. The thoughts that crossed my mind was how China stages the Beijing Olympics in th

CHOGM must highlight Sri Lanka’s wildlife

Views - 1928 Tuesday, 15 October 2013 00:00

Whilst Sri Lanka has registered over a million tourists visiting the country, we see the leading wildlife park attracting the highest number of foreign visitors. SLTD reports that in 2011 there were almost 99,000 foreign visitors and 217,000 local v

Is poverty or governance the cause of terrorism?

Views - 1268 Tuesday, 8 October 2013 00:00

Given the recent developments we see in Sri Lanka, it’s opportune to revisit the debate on whether it was poverty or governance that caused terrorism in Sri Lanka and what key strategies we need to develop to ensure that we do have a repeat of this

Launch SL financial hub at CHOGM?

Views - 1513 Tuesday, 1 October 2013 00:26

I still remember how one of the financial industry stalwarts mentioning at a Bankers’ Association conference that the idea of the financial hub in Sri Lanka had been in the system for over 20 years, but had not been made a reality. Given that CHOGM

Drive a new positioning for Sri Lanka at CHOGM

Views - 1293 Tuesday, 24 September 2013 00:00

Tourism has now become one of the world’s largest foreign exchange earners with the industry set to cross the one trillion dollar mark and visitor numbers crossing one billion globally. This growth has been ignited with the launch of e-commerce, wh

Does terrorism actually affect tourist arrivals?

Views - 3659 Tuesday, 17 September 2013 00:23

New research reveals that natural disasters are a bigger concern for travellers Latest research emerging is revealing that global travellers of today are more sensitive to natural disasters like earthquakes, typhoons and floods and diseases tha

When a brand gets hit due to a business issue

Views - 1432 Tuesday, 10 September 2013 00:00

One of the highest spenders on advertising and promotions in Sri Lanka is the banking sector of Sri Lanka. Given the many issues we have seen globally and the stringent protection measures adopted in Sri Lanka, this sector has remained stable even th

Brazil as an opportunity?

Views - 1641 Tuesday, 3 September 2013 00:00

Overall market size on imports worth $ 226 b in Brazil Sri Lanka’s exports to Brazil are $ 48 million at 0.021% share. 11 Sri Lankan product sectors in the top 10 in Brazil Last week I met up with sought-after international personality Ru

SL exports making progress

Views - 7386 Wednesday, 28 August 2013 00:00

40.9 to 26.8 on DCI, but growth lagging vs. regional counterparts Even though Sri Lanka recorded a negative growth of 6.09 in 2012 and in the first half 2013 we are trailing by 7.9%, the good news is that from a export market dispersion perspec

What happens when a brand falters?

Views - 7131 Tuesday, 13 August 2013 00:55

When I heard about the Fonterra debacle on DCD in Sri Lanka, from the announcement from Fonterra (New Zealand) to the 100% safe advertising campaign in Sri Lanka and the subsequent advertising ban from the Consumer Affairs Authority to today’s medi

The Apple saga on innovation

Views - 1105 Tuesday, 6 August 2013 00:00

Cutting edge innovation lowers marketing costs Sri Lanka’s R&D investment was 0.21% in 2004 but dropped to 0.11 in 2008 Private sector contribution to R&D value is only 18% The holy grail in business is innovation in today’s wor

Is SL ready for a tough 2013?

Views - 1614 Tuesday, 30 July 2013 00:28

Blue chip companies like JKH down by 4% in Q2 2013 Overall exports down by 4.6% in HY 2013 Global GDP outlook slashed downward in 2013   Private sector down? Last week, we saw Sri Lanka’s premier blue chip company John Keells ann

Agriculture: The bedrock of Sri Lanka’s economy

Views - 5122 Wednesday, 24 July 2013 00:00

When a sector is 33% of the economy and 2.6 million of the labour force of the country, one can just imagine the political significance even though the hype is on the service sector like tourism and the IT/BPO industry – especially in an election y

Wimbledon lessons for Sri Lankan policy makers

Views - 2836 Tuesday, 16 July 2013 01:31

Being a sports enthusiast, the last few weeks have been really entertaining, given that the time difference allows us in Sri Lanka to complete our daily routine and enjoy the sports late in the evening, be it the tri-nation cricket tournament from th

Time for a dialogue with Ceylon Tea

Views - 2589 Tuesday, 9 July 2013 00:30

It was great to see two powerful brands of Sri Lanka coming together to take Brand Sri Lanka forward with the sponsorship of Sri Lanka Cricket given that this pivotal industry provides employment to almost two million people in the total value chain

ICC pick-ups for Sri Lanka

Views - 2221 Tuesday, 2 July 2013 00:00

Given that sports give the best lessons to the world, be it the drive of the blade runner from South Africa to the come-back of Tiger Woods in the game of ,golf we see how sports tend to give the world a lesson politics or academics can teach. Let me

Balancing profit and brand building: Where is the line?

Views - 2566 Tuesday, 25 June 2013 10:17

The biggest challenge for a CEO of today is making profits in the short-term so that one can keep the share price intact, whilst for the long-term it is how one can add value to the brand and thereby build the equity of the company. The latter is im

Walt Disney lesson for Sri Lanka

Views - 1655 Tuesday, 4 June 2013 10:37

Given that the financial year is over, we see on a daily basis a highlight on record profits and bottom line growth but I seldom see a chairman commenting on aspects like brand value and the importance a brand plays in driving a sustainable business.

Stock market picks up but focus on agriculture

Views - 1715 Tuesday, 28 May 2013 01:29

With the stock market once again on a high-powered rally by infusion of capital from overseas, it indicates that Sri Lanka’s economy is considered to be more promising than many of its counterparts in the South Asian region.   But we

SL’s tea industry needs market-driven policies

Views - 3165 Tuesday, 21 May 2013 00:38

Sri Lanka’s tea industry generates over a one-and-a-half billion dollars in revenue to Sri Lanka, whilst provides almost a million jobs to the economy today. In my view, with some cutting-edge decision making in the past, Sri Lanka has earned t

No need of a Blue Ocean strategy for SL exports!

Views - 2042 Tuesday, 14 May 2013 00:00

In the recent past I have seen many news releases and articles on the declining export industry of Sri Lanka. But, in my view, highlighting issues does not get anywhere. We need to speak to the industry and ask what they require to change the directi

IPL and business: Performance-led

Views - 1619 Tuesday, 7 May 2013 00:00

With two top cricketers of the likes of Kumar Sangakkara and Angelo Mathew not being able to sustain the rigour of the expectations at IPL 2013 and having to be dropped off the captaincy and then making a comeback after a breather, we can just imagin

Technology or marketing?

Views - 3676 Tuesday, 30 April 2013 00:21

Last week, I was on a discussion panel at the British Computer Society’s evening meeting and it was really interesting to hear the non-marketing thoughts shared. One professional mentioned that out of the top 100 brands globally, seven of the m

Business pickups for SL from IPL 2013

Views - 1814 Tuesday, 23 April 2013 00:00

Sports embargo The reality is that there is a trade embargo at play with the GSP+ fallout. But we never thought a sports embargo will be enforced on Sri Lanka. Then it happened. When the Chief Minister of Tamil Nadu wrote to the Prime Minister of I

Sri Lanka must follow Estonia

Views - 1614 Wednesday, 17 April 2013 00:20

In the last two weeks Sri Lankan media was full of the TAG initiative towards building a positive dialogue between the US and Sri Lanka. Whilst once again commending the spirit of this initiative, given the $ 2 million aid cut to Sri Lanka announce

Is BOC the No. 1 brand in SL?

Views - 2456 Tuesday, 2 April 2013 00:36

One of my favourite hobbies is sharing the knowledge that I have picked up from the world of business and finance. The other day I got a group of MBA students that I teach at the University of Colombo to do a study on the focus of organisations to br

Today's Columnists

In the desert of Tamil films, actor Sivaji Ganesan was an oasis

Saturday, 22 September 2018

‘Indian Film,’ first published in 1963 and co-authored by former Columbia University Professor Erik Barnouw and his student Dr. Subrahmanyam Krishnaswamy, is considered a seminal study of the evolution and growth of Indian cinema. The book is cit

Imran may turn blind eye to blasphemy law and persecution of Ahmadiyyas

Saturday, 22 September 2018

There are clear signs that Pakistan’s freshly minted Prime Minister, Imran Khan, will make a sincere effort to reduce corruption and maladministration in the domestic sphere. In foreign affairs he is likely to make a brave attempt to mend fences wi

The rate of exchange, capital flight and the Central Bank

Friday, 21 September 2018

The Central Bank (CBSL) exists for the sole purpose of price stability. Its controls on the financial system and monetary policy exist to maintain price stability. As put forth many times by the Governor, the failing of the CBSL to control inflation

Red flag over the Sri Lankan Navy

Friday, 21 September 2018

Shocking story Rusiripala, a former banker in Sri Lanka, who has taken to writing in Daily FT, is perturbed by the red flag I have raised (Daily FT article 18 September) over the shocking charge that our Navy had operated a ransom gang that had abduc

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