Special Report

Breaking down Budget 2018

Views - 201 Monday, 20 November 2017 00:10

Ironing out the details of Budget 2018 and discussing a plethora of linked economic issues including liberalisation of the shipping industry, state enterprise reform, the sugar tax and listing of State banks was the aim when a host of experts led by


Private sector feedback on Budget and policy

Views - 114 Monday, 20 November 2017 00:05

Sri Lanka’s private sector weighed in with their views on Budget proposals as well as overall reforms and policy changes that need to be implemented to foster growth across multiple sectors at the Daily FT-Colombo University MBA Alumni Association


World Bank highlights areas of post-Budget focus

Views - 75 Monday, 20 November 2017 00:00

World Bank Country Director Idah Pswarayi-Riddihough participating in the discussions highlighted four areas where Budget implementation and Government coordination would have to be strongly coordinated to support strong growth so ardently desired by


HSBC perspective on Sri Lanka’s future and FDI focus

Views - 87 Monday, 20 November 2017 00:00

As an entity that deals with investors around the world HSBC Sri Lanka and Maldives Chief Executive Officer (CEO) Mark Prothero touched upon the reforms that Sri Lanka needs to fast-track if it wants to emerge as an attractive foreign investment dest


2017 Women in IT Awards recognises excellence

Views - 410 Thursday, 9 November 2017 00:58

The FITIS – Women in IT Association was formed by the Federation of IT Industries in Sri Lanka with the objective of developing and supporting women by enhancing their ICT skills. Through WIT, it is aimed at facilitating personal growth and careers


“China will never forget Sri Lanka’s valuable support when China was blockaded by the West”: Vice Mi

Views - 319 Tuesday, 7 November 2017 00:00

“As an ancient Chinese poem puts it, ‘if you give me a peach, I’ll pay back in jade,’ Chinese people will never forget that when China was blockaded by the West, it was Sri Lanka that gave valuable support to China despite the tremendous pres


Islamic Finance in Sri Lanka: To be or not to be?

Views - 269 Monday, 30 October 2017 00:00

The year 2005 was a turning point in the financial services industry in Sri Lanka when its legislation regulating banks and non-bank financial institutions, namely, the Banking Act No. 30 of 1988 was amended to permit an alternative form of finance.


Association of Professional Bankers Sri Lanka (APB)

Views - 102 Monday, 30 October 2017 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


APB confers honorary life membership on W.A. Nalani

Views - 159 Monday, 30 October 2017 00:00

W.A. Nalani, Past President of APB was recently honoured by the Association of Professional Bankers – Sri Lanka, when she was conferred an honorary life membership in recognition of her outstanding services to the Association as President and in ma


APB 29th Anniversary Convention to instil foresight on how banking community should face challenges

Views - 135 Monday, 30 October 2017 00:00

APB’s 29th Anniversary Convention will be held on 21 and 22 November at Cinnamon Grand, Colombo. In this interview APB President Senarath Bandara speaks on the convention volume.


Agile leadership an answer for disruption

Views - 243 Thursday, 26 October 2017 00:00

By Uditha Jayasinghe In a disruptive world constantly challenged by innovation, agile leadership is essential to thrive, Nepal’s only billionaire and CG Corp Global Chairman Binod K. Chaudhary said yesterday, calling on leaders to not just adapt t


China’s unique development path works, benefits world

Views - 43 Wednesday, 25 October 2017 00:08

Belgrade (Xinhua): The Communist Party of China (CPC) has managed to create an impressive model of success that fits China’s realities, Serbian President Aleksandar Vucic said ahead of the upcoming CPC congress.


China offers medical supplies for Madagascar to fight plague

Views - 24 Wednesday, 25 October 2017 00:07

Antananarivo (Xinhua): China has handed over a package of medical supplies to Madagascar for it to fight an epidemic of plague that has killed 57 people in the past three months.


China’s anti-graft fight has gained, consolidated crushing momentum

Views - 8 Wednesday, 25 October 2017 00:05

Beijing (Xinhua): China has gained and consolidated crushing momentum in its fight against corruption, according to a


Domestically-produced jetliner with BeiDou navigation system completes test flight

Views - 63 Wednesday, 25 October 2017 00:05

Shanghai (Xinhua): A Chinese-developed regional jetliner, which has the BeiDou navigation system installed, has successfully completed a test flight, the Commercial Aircraft Corporation of China (COMAC) said Saturday. The test


Senior officials asked to stay loyal to Party

Views - 3 Wednesday, 25 October 2017 00:03

Beijing (Xinhua): Senior officials should stay loyal to the Party and willingly safeguard the authority of the Party›s central leadership and the unity of the Party, said a communique issued after a key meeting Saturday.


Top Aussie sports ramp up attempt to crack Chinese market

Views - 5 Wednesday, 25 October 2017 00:01

Canberra (Xinhua): Executives from Australia›s leading sports have embarked on a mission to China on Monday, hoping to make inroads in tapping into the Chinese market. Representatives from the National Basketball League


China sets new world record for rice yield

Views - 7 Wednesday, 25 October 2017 00:00

Shijiazhuang (Xinhua): Yuan Longping, renowned developer of hybrid rice, has set a new world record. A hybrid rice project headed by Yuan has achieved a yield of 1,149.02 kg of rice per mu (about 0.07 hectares),


China becomes focus at IMF/WB annual meetings

Views - 5 Wednesday, 25 October 2017 00:00


Potential and human talent of young people in this country is amazing: US Envoy

Views - 60 Tuesday, 24 October 2017 00:00

The Governments of Sri Lanka and the United States last week launched the YouLead! initiative on 19 October, a Rs. 1.8 billion program funded by the United States Agency for International Development (USAID) to support youth employability, vocationa


Experts call for reality check on logistics and transport

Views - 291 Monday, 23 October 2017 00:00

Experts called on Sri Lankan logistics firms to embrace disruptive digital technologies for crucial restructuring in business models to remain competitive, be receptive to consumers and gain an edge in the global supply chain, insisting that the coun


Disruption from logistics perspective

Views - 235 Monday, 23 October 2017 00:00


Prime Minister issues Economic Policy Statement

Views - 163 Saturday, 21 October 2017 00:00

I take this opportunity to clarify the current status of the economy and the way forward for our Government and people. I emphasised the need for rebuilding the Sri Lankan economy when I delivered the Economic Policy Statements in 2015 and 2016. Th


Tackling cyber criminals from the boardroom

Views - 160 Friday, 20 October 2017 00:00

The CEO Forum of the 5th Annual Cyber Security Summit, Sri Lanka’s premier annual cyber security awareness initiative


CPC demonstrates strong resolution to root out corruption ahead of 19th National Congress

Views - 24 Wednesday, 18 October 2017 00:00

People’s Daily: China has bolstered efforts in its nationwide anti-corruption drive over the past five years and major achievements have been made. Before the 19th National Congress of the Communist Party of China (CPC), the


China has witnessed profound turnaround in past 5 years

Views - 51 Wednesday, 18 October 2017 00:00

China has witnessed some great historic changes, which were profound and fundamental in the past five years. These changes indicate China’s development from the 18th National Congress of the Communist Party of China


China’s poverty reduction effort is historic: World Bank Chief

Views - 79 Wednesday, 18 October 2017 00:00

People’s Daily: China’s effort to eliminate poverty is one of the greatest stories in human history, World Bank President Jim Yong Kim said recently.


Xi’s report card: Has met China economic goals but can he keep it going?

Views - 40 Wednesday, 18 October 2017 00:00

Beijing (Reuters): As Chinese President Xi Jinping prepares to consolidate his power for a second five-year term at the 19th Communist Party Congress, beginning on 18 October, he can point to another impressive period of growth for the nation’s eco


China catching up fast with US innovative industrial development

Views - 12 Thursday, 12 October 2017 00:00

New York: A close China watcher said here Tuesday that if China keeps its current pace in innovative industrial development, the innovative activity share in its total output will likely surpass that of the United States in about 18 months.


High-level dialogue mechanisms beneficial to US-China ties: US officials, experts 

Views - 11 Thursday, 12 October 2017 00:00

Washington (Xinhua): The four high-level dialogue mechanisms established between China and the United States help promote bilateral relationship, according to U.S. officials and experts.


Today's Columnists

Budget 2018: Will it help realise goals and targets of Vision 2025?

Thursday, 23 November 2017

The Budget 2018, besides being a budget for the forthcoming year, is another declaration of policies and plans of the Government in power. Goals The Sustainable Development Goals (SDG) approved by the UN have been accepted as the goals of Budget 201


Constitutional reform – A reply to Dr. Wijeyadasa Rajapaksa

Wednesday, 22 November 2017

The lengthy article by Dr. Wijeyadasa Rajapakshe PC on constitutional reform published in the newspapers recently appears to contain several errors of fact and of law


Ranil’s reluctant tryst with truth

Wednesday, 22 November 2017

Twenty years ago in 1998, Dr. Jayadeva Uyangoda writing in the periodical ‘Frontline’ traced our peculiar path of progress in the 50 years of independence


Omni-Channel Synchroniser for banks and financial institutions: An vision to simplify banking

Wednesday, 22 November 2017

Today, as a society we are noticing a historical shift from cash-based transactions to digitisation of financial transactions, and from the use of traditional banking channels to e-channels.


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