Special Report

Masterclass in ‘Art of Leading the Shift’ at CIMA Business Leaders’ Summit 2019

Views - 104 Thursday, 19 September 2019 01:08

The CIMA Business Leaders’ Summit 2019 got underway at the Shangri-La Hotel in Colombo on 4 and 5 September before an unprecedented number of top ranking professionals from a multitude of industries in the country. Chief Guest State Minister of Fi

CIMA Sri Lanka Country Network Panel Chairperson highlights role of management accountants

Views - 71 Thursday, 19 September 2019 01:07

CIMA Sri Lanka Country Network Panel Chairperson Manohari Abeysekera in her address said 2019 was a special year for CIMA. “CIMA is celebrating its centenary this year. Founded in 1919 in UK, CIMA has grown in stature, and today it has become the

CIMA has portrayed importance of embracing change over the years: Rifka Ziyard

Views - 50 Thursday, 19 September 2019 01:05

In her welcome address CIMA Business Leaders’ Summit Chairperson Rifka Ziyard said CIMA had portrayed the importance of embracing change over the years, transforming itself to embed technology and innovation and ensuring the global management accou

Three lessons for SL growth: Mangala

Views - 141 Wednesday, 18 September 2019 00:00

Finance Minister Mangala Samaraweera yesterday highlighted three lessons for Sri Lanka to take forward as it looks to fast-track growth, insisting true development is not possible without reconciliation, rule of law, more open markets, and de-politic

Private sector should discard despondency: Dr. Hans

Views - 320 Wednesday, 18 September 2019 00:00

Ceylon Chamber of Commerce (CCC) Chairman Dr. Hans Wijayasuriya yesterday called on the private sector to discard sentiments of despondency and strengthen the State and Government to take the country forward. Speaking at the Sri Lanka Economic Summit

Policymakers, stakeholders must unite to connect dots and make SL successful

Views - 34 Wednesday, 18 September 2019 00:00

By Charumini de Silva Central Bank Governor Dr. Indrajit Coomaraswamy yesterday said that policymakers and stakeholders across the economy must come together to “connect the dots” to set Sri Lanka on its desired growth trajectory. The Governor ma

Ceylon Chamber introduces 2020-2025 Economic Acceleration Framework

Views - 134 Wednesday, 18 September 2019 00:00

The Ceylon Chamber of Commerce launched the working draft of its 2020-25 Economic Acceleration Framework at the Sri Lanka Economic Summit (SLES) yesterday (17). The framework was introduced by Dr. Hans Wijayasuriya during the title keynote session, w

Recalibrating for stronger growth trajectory

Views - 89 Wednesday, 18 September 2019 00:00

By Uditha Jayasinghe and Charumini de Silva The top representatives of the private sector, experts, public officials and politicians gathered yesterday for the Sri Lanka Economic Summit 2019 to take stock of the country’s economy, its strengths as

Key to unleashing Sri Lanka’s next growth drivers

Views - 123 Wednesday, 18 September 2019 00:00

By Charumini de Silva With Sri Lanka seeing a marked slowdown in the recent few years, industry leaders yesterday urged support for key sectors to kick-start growth. The CCC Economic Summit, in its second session yesterday, titled ’Sri Lanka’s Ne

Private sector insights to connecting dots in Sri Lanka’s development journey

Views - 334 Wednesday, 18 September 2019 00:00

Day one of the Ceylon Chamber of Commerce’s 19th Sri Lanka Economic Summit yesterday brought together key business leaders at the third session, titled ‘Connecting the Dots in Sri Lanka’s Economic Development Journey’, to highlight how Sri La

Redefining growth, ‘Circular Economy’ gains traction globally

Views - 355 Thursday, 12 September 2019 00:10

By Charumini de Silva in Helsinki, Finland Circular economy, which is essentially looking beyond the current ‘take-make-waste’ extractive industrial model and aims to redefine growth, focusing on positive society-wide benefits, is a new phenomen

Best Workplaces for Women in Sri Lanka 2019

Views - 1261 Thursday, 5 September 2019 01:14

Gender equality at the workplace is becoming a hygiene factor in most parts of the world – not just because it is the right thing to do, but more so because it is good for business. There is significant evidence to indicate that gender diversity in

Induction ceremony of APB Bank Coordinators

Views - 244 Thursday, 11 July 2019 00:00

APB Bank Coordinators’ Induction ceremony will be held on Monday 15 July at the Pitch Restaurant – Mercantile Cricket Association, Colombo 7 commencing 6 p.m. This is an important annual event in the APB calendar. At this induction ceremony, the

Association of Professional Bankers Sri Lanka (APB)

Views - 300 Thursday, 11 July 2019 00:00

In early 1988, a group of enthusiastic senior bankers saw the need to form an association to promote professionalism in the industry, for a forum to meet and discuss topics relating to the banking industry and also to help upcoming bankers to broaden

Members’ Night 2019 of Association of Professional Bankers Sri Lanka

Views - 368 Thursday, 11 July 2019 00:00

Member’s Night 2019, the most awaited social event of the Association of Professional Bankers – Sri Lanka (APBSL) is scheduled to be held on Saturday 20 July from 7 p.m. onwards, at the private beach of the Mount Lavinia Hotel. The members night

31st Anniversary Convention of Association of Professional Bankers Sri Lanka

Views - 414 Thursday, 11 July 2019 00:00

Banks have flourished during good times, and have managed to minimise the ill effects of bad times. If one were to say that the present time is a bad one Professional Bankers of Sri Lanka would respond that they have seen and prevailed over worse tim

Banking sector performance in 2018: Key insights from KPMG Report

Views - 1701 Tuesday, 2 July 2019 00:00

Key insights to how the banking sector performed in 2018 as well trends and challenges going forward are highlighted in the KPMG’s just released third Sri Lanka Banking Report. “The banking industry in Sri Lanka tells a story of resilience and

Lucky Dissanayake wins Gold in Social Global Eco Awards

Views - 637 Monday, 24 June 2019 00:10

Biomass Group Founder Lucky Dissanayake did Sri Lanka and the planet proud, by winning the Global Green Economic Forum (GGEF) Eco Game Changer award in a glitzy event held at the Island Shangri-La hotel in Hong Kong. GGEF is the first and only awards

Biomass Ventures Founder and Chairperson Lucky Dissanayake shares her journey of success

Views - 448 Monday, 24 June 2019 00:00

In creating Biomass Ventures, I have not been afraid to ‘think big’, because I have recognised that the opportunity for our business is massive and because I understand that the needs that we are addressing are monumental. In effect, we achieve

2019 GGEF Women Eco Game Changers Awards winners

Views - 155 Monday, 24 June 2019 00:00

nGerman Sustainable Building Council Chief Executive Officer Christine Lemaitre received the Eco Innovator Award honouring her contribution to tackling global challenges through design and urban planning nReconnect Founder and Chief Executive Officer

A primer on conduct of monetary policy and central banking in Sri Lanka: Past, present and future

Views - 896 Monday, 10 June 2019 00:00

1. Introduction With the objective of institutionalising the achievement of maintaining single digit inflation for a continued period of over 10 years, the Central Bank of Sri Lanka has announced the adoption of flexible inflation targeting as its m

Muslim communities assist security operations in WP

Views - 651 Monday, 3 June 2019 00:00

In the aftermath of organised mob attacks on Muslims in Gampaha and the North Western Province, Muslims in Biyagama are still having sleepless nights in fear of a similar hostile backlash. “We have no issues or differences with our neighbours, who

Taking Sri Lanka forward:Experts share insights

Views - 690 Friday, 31 May 2019 00:00

By Madushka Balasuriya Addressing the fundamental gap between the perceptions of security in the country, and its ground realities, is crucial in fast-tracking Sri Lanka’s economic and social recovery from the Easter Sunday attacks, noted a panel o

Recovery marketing plan for Sri Lanka Tourism

Views - 6831 Wednesday, 8 May 2019 00:00

The Easter Sunday attacks in Sri Lanka have shaken the entire world, making it one of the most violent terrorist incidents in the recent past. While many discussions are going on regarding recovery plans, it is important to understand the real impact

Colombo Development Dialogues: Is SL ready to face a rise in Asian asylum seekers to Lankan shores?

Views - 906 Friday, 12 April 2019 00:00

An independent UK-based researcher said that asylum seeking or inward migration for employment was not a major issue in Sri Lanka at present but it could create a problem in future as the post-war economy had opened up more job opportunities in Sri L

Hirdaramani employee wins first-ever ‘Diriya Kanthawa’ for apparel sector

Views - 93 Friday, 5 April 2019 00:00

The ‘Diriya Kanthawa’ award, which celebrates the contribution of female workers across various industries, has become a pinnacle recognition, because it is a decisive endorsement of the invaluable contribution made by female workers towards the

Zone24x7 and SLASSCOM hosts ‘Challenges faced by Women in Engineering’ forum

Views - 146 Friday, 5 April 2019 00:00

Women are already making important contributions across all key spheres of our society. The field of engineering is one such major beneficiary. In the midst of these changes, there has always been the conundrum of harmonising the workplace with domes

Committed to gender equality and empowerment of women, Sri Lanka tells UN

Views - 299 Friday, 5 April 2019 00:00

Ambassador and Permanent Representative Dr. Amrith Rohan Perera, speaking during the Sixty-Third Session of the Commission on the Status of Women, noted that in the past four years, the Government has accelerated the implementation of its programs, p

IFC’s SheWorks partnership completes a year of big strides to increase role of women in business

Views - 544 Friday, 5 April 2019 00:00

IFC, a member of the World Bank Group, brought together CEOs of leading companies to mark the anniversary of SheWorks partnership in Sri Lanka. The partnership, supported by the Australian government, works with 18 leading employers that have pledged

Women’s empowerment: The right and smart thing to do

Views - 296 Friday, 5 April 2019 00:00

Commonwealth Secretary-General Patricia Scotland received a Distinguished Champion Award in Washington DC on 1 April for her services to women’s equality. Here she explains why promoting women’s empowerment is not just the right thing to do, but

Today's Columnists

State of the economy of Sri Lanka

Saturday, 21 September 2019

I am not an economist nor do I profess to be an economic analyst. The views expressed in this presentation are those of a layman who has always been interested in the economic progress of Sri Lanka.

Premadasa, Père et Fils

Saturday, 21 September 2019

We are what time, circumstances and history has made of us. We are trapped in history. At age 77, I refuse to trap history in my mind. This essay is an obligation to history. Although J.R. Jayewardene introduced ‘Executive Presidentialism’, coer

Economy, business community and the Prime Minister

Friday, 20 September 2019

The speech made by Prime Minister Ranil Wickremesinghe as the Chief Guest of the Sri Lanka Economic Summit 2019 deserves very careful consideration by the country due to several reasons. This will no doubt be his last speech on economic policy to be

Sri Lanka needs to invest more on soft infrastructure

Friday, 20 September 2019

Developing countries like Sri Lanka will have to prepare for further downside risks in 2020 with the growing debt problems and the growth problems in Europe and the slowdown in Asia. Slower growth is already visible in weakening global trade and comm

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