Special Report

Sri Lanka-Philippines commit to bolster bilateral ties

Views - 93 Wednesday, 23 January 2019 00:00

Upon the invitation of His Excellency Rodrigo Roa Duterte, President of the Republic of the Philippines, His Excellency Maithripala Sirisena, President of the Democratic Socialist Republic of Sri Lanka, undertook a State Visit to the Philippines from


Sri Lanka Outlook 2019: Challenges and opportunities

Views - 664 Monday, 21 January 2019 00:00

The Sri Lankan stock market witnessed a decline in 2018, with the ASPI declining -5% to 6,052 points , whilst the more liquid S&P SL20 fell -15% to 3,135 points - steepest decline since 2011 (vs. gains of +2% and +5% respectively in 2017). Downward m


Lasantha did not die in vain

Views - 389 Wednesday, 9 January 2019 00:00

A decade is a long time to grieve, too long to solve a murder. Too long to come to terms that no one cares but for their benefit which does not include the aggrieved. Sad though, this seems to be the reality. Lasantha certainly did not die in vain.


From death to a larger liberty

Views - 340 Wednesday, 9 January 2019 00:00

Why are they all here? The mournful friends and grief-stricken family. That sly fox of a phoenix-like politico. Those happy humbugs. These hysterical hyenas with their hopeful platitudes. Their hypocrisy hamstrung only by the disbelieving silence of


The importance of being Lasantha

Views - 332 Wednesday, 9 January 2019 00:00

The family and friends of Lasantha Wickrematunge have gathered on the morning of January 8th for the past 10 years to say a prayer and light candles by the side of his grave. It has also been an occasion to share memories, recall his contribution to


Central Bank Road Map 2019

Views - 906 Thursday, 3 January 2019 01:44

Your Excellencies, members of the Monetary Board, Senior Deputy Governor, Deputy Governors, Assistant Governors and officials of the Central bank, distinguished invitees, ladies and gentlemen, it is a pleasure for me to warmly welcome you to the pres


Sri Lanka Prosperity Index 2017 shows progress from preceding year

Views - 495 Tuesday, 20 November 2018 00:00

The Sri Lanka Prosperity Index (SLPI) increased to 0.771 in 2017 from the 0.661 recorded in 2016, mainly due to improvements in the Economy and Business Climate and Socio-Economic Infrastructure sub-indices.


Sri Lanka hosts international seminar: ‘BRI at Five Years – Regional and Global Dimensions’

Views - 737 Monday, 19 November 2018 00:36

An international seminar under the theme of ‘BRI at Five Years – Regional and Global Dimensions’ jointly organised by the Chinese Embassy and the Bandaranaike Center for International Studies (BCIS) was successfully held in Colombo on 16 Novemb


Cyber security experts on paradigm shift and challenges in digital forensics

Views - 1019 Monday, 29 October 2018 00:00

By Hiyal Biyagamage In one of its blog posts, Cellebrite, the global leader in the digital intelligence market, states that between 1 January and 14 June this year, there were 3,056 fatalities and 584 attacks. By the end of 2018, terrorists will have


CSE-SEC Investor Forum in UK, Scotland a success

Views - 370 Monday, 29 October 2018 00:00

The Colombo Stock Exchange and the Securities and Exchange Commission successfully concluded the Invest Sri Lanka Forums in London, UK and Edinburgh, Scotland recently. Separately presentations were made to Sri Lankan diaspora in London as well, host


Sri Lanka Banking Sector: Status quo as of June 2018

Views - 3476 Tuesday, 16 October 2018 00:15

KPMG Sri Lanka has come out with its second report on the country’s banking sector incorporating the performance up to June 2018. This is a follow up to the first report which captured performance and challenges up to March 2018. KPMG Partner and


Taking accountancy into the digital age

Views - 643 Tuesday, 9 October 2018 09:52

An accountant is one of the main players in any business, be it at a large corporation or a small to medium enterprise. While in the past this role has seen them primarily involved in the monitoring and recording of transactions through an organisati


Top woman professionals and entrepreneurs speak up ahead of 2019 Budget

Views - 1297 Tuesday, 9 October 2018 00:20

In a first-of-its-kind forum, 26 top female professionals were given the opportunity to voice their opinion on a multitude of issues confronting them and the economy and shared their ideas and recommendations for the Government to consider ahead of n


SLCJF celebrates 69th Anniversary of founding of the People’s Republic of China

Views - 219 Tuesday, 9 October 2018 00:00

Ports and Shipping Minister Mahinda Samarasinghe said that the Sri Lanka Ports Authority (SLPA), along with the China Merchant Port (CMPort) which invested in the Hambantota Port, are looking at going at the third phase of the Hambantota port develop


Asia Pacific Rural and Agricultural Credit Association’s meet in Colombo

Views - 344 Tuesday, 9 October 2018 00:00

The Asia Pacific Rural and Agricultural Credit Association’s (APRACA) Regional Policy Forum kicked off its 70th Executive Committee Meeting (EXCOM) and 21st General Assembly at Hilton Colombo yesterday. The forum, titled ‘Financing Micro, Small


‘Cormorant Strike IX – 2018’ showcases military might of SL’s tri-forces

Views - 252 Friday, 5 October 2018 00:00

By Shanika Sriyananda The peaceful fishing village of Kuchchaveli was shaken when the Zulu air force and special operations forces attacked the well-fortified ‘Folean’ enemy base at the Kuchchaveli beach front in Trincomalee. The deafening sounds


BoC bags prime spot at LankaPay Technnovations Awards 2018

Views - 495 Wednesday, 26 September 2018 00:00

By Charumini de Silva State-run Bank of Ceylon (BoC) bagged the pinnacle of ‘Excellence in Interbank Payments’, winning the Gold as the Overall Winner at the LankaPay Technnovations Awards 2018 organised by LankaClear Ltd., held last Friday to ap


CIMA Business Leaders’ Summit zooms in on leadership, disruption and unlocking opportunities

Views - 296 Wednesday, 26 September 2018 00:00

Several business leaders and professionals shared key insights on leadership, disruption of business models and unlocking opportunities for Sri Lanka at the CIMA Business Leaders’ Summit 2018, which was held on 28 and 29 August at the Shangri-La Ho


Businesses need to adopt digital initiatives

Views - 328 Wednesday, 26 September 2018 00:00

The Chief Guest Honourable Dr. Sarath Amunugama, the Minister of Science, Technology, Research, Skills Development and Vocational Training and Kandyan Heritage, Guest of Honour Honourable Eran Wickramaratne, State Minister of Finance and Mass Media,


Proactive approach in a changing landscape

Views - 365 Wednesday, 26 September 2018 00:00

The Chief Guest Honourable Sarath Amunugama Minister of Science, Technology, Research, Skills Development and Vocational Training, Guest of Honour Hon. Eran Wickramaratne, State Minister of Finance, Steven Swientozielskyj, CIMA Global President, Keyn


‘Little Lives’ changes lives!

Views - 518 Friday, 21 September 2018 00:00

Babies often take us by surprise. Sometimes, they do it by coming into the world too soon, not quite ready to breathe on their own. All these babies deserve the best fighting chance for survival and no parent should have to hear the heart-breaking wo


30 years of APB

Views - 65 Wednesday, 19 September 2018 00:00

A few pioneering, foresighted bankers laid the foundation as sponsors and founder members of the Association of Professional Bankers – Sri Lanka (APB) and held its inaugural meeting in Colombo on 20 July 1988. Since that historical day in the ann


Bankers Evening Forum on ‘Blockchain & Cryptocurrency’

Views - 308 Wednesday, 19 September 2018 00:00

The third Bankers Evening Forum of the Association of Professional Bankers – Sri Lanka (APB Sri Lanka) was held on Tuesday 14 August at the BOC Head Office Auditorium. APB Sri Lanka held this Forum in collaboration with the Sri Lanka Forex Associat


APB to hold 30th anniversary convention

Views - 101 Wednesday, 19 September 2018 00:00

Congruence means in general; harmony, compatibility, consistency, conformity, balance, consensus, unanimity and also congruence is the mathematical concept of absolute equality. Policy congruence in individual countries within a region will faci


APB Sri Lanka recognises 3 long-standing members elevated to office of CEO

Views - 214 Wednesday, 19 September 2018 00:00

Following a tradition, Association of Professional Bankers Sri Lanka recently felicitated three of its members that were appointed as Chief Executive Officers. At a gala event held at the Kingsbury Hotel on 2 August, Commercial Bank of Ceylon PLC Man


Fast-tracking Sri Lanka’s growth

Views - 464 Friday, 14 September 2018 00:00

By Charumini de Silva The length and breadth of Sri Lanka’s economy, including macroeconomic challenges, a strained global environment, crucial structural reforms, attracting foreign investments, and increasing productivity, were discussed in-depth


Experts implore Government to prioritise water security

Views - 364 Thursday, 13 September 2018 00:00

Natural resources, such as water, are under extreme pressure in contemporary times. As the effects of global warming and climate variability become more evident, water takes centre stage as an unfolding global crisis. Increasingly, we hear of cities


Disruption is a small organisation overtaking incumbents

Views - 104 Tuesday, 11 September 2018 00:00

Any technology has the potential to be disruptive, when it is used creatively to narrow the gap between a fresh product or service and an established business, which motivates customers to move to the disruptors’ products. N-Able Managing Direct


Customer-centric technology crucial for growth

Views - 128 Tuesday, 11 September 2018 00:00

Despite the rapid advance of technology, customers remain at the centre of companies, driving innovation by demanding to have their needs met, a top expert said, insisting that businesses need to remain engaged with their consumers. Giving the key


Defining disruption for growth

Views - 251 Tuesday, 11 September 2018 00:00

By Divya Thotawatte Professionals will not fear technology if companies work to proactively reskill employees, thereby giving them the opportunity to increase productivity through greater interpretation and communication of their roles within respect


Today's Columnists

New Year resolution: Attaining financial freedom in 2019!

Thursday, 24 January 2019

It is that time of the year when everyone, young and old is journaling their new-year resolutions, and reflecting on the past year. You might be disappointed if you are carrying forward a few resolutions from the past years. You could be thinking, wh


10-year challenge: Has Sri Lanka made progress in last decade to become financially-literate?

Thursday, 24 January 2019

The ’10-Year Challenge,’ Facebook’s latest social media phenomenon has taken the internet by a storm. People are posting a picture from 10 years ago alongside their current profile picture or some other photograph and the transformation through


Catwalk beyond 400 PPM – Consuming towards disaster!

Thursday, 24 January 2019

Catwalks sizzle! What’s on the catwalk – the skin, the silk, lycra parading endlessly broadcast to the world whatever new and popular in clothing and accessories and it also communicates desirable dimensions too in a not-too-subtle manner. Knowi


Rolling back big government – The next big challenge

Thursday, 24 January 2019

Preliminary estimates in the 2019 Budget to be presented on 5 March this year include an income of 2.5 trillion and a debt service requirements of a whopping 2.2 trillion, leaving only a net income of 0.3 trillion. As for expenditure, the Government


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