Financial Services,Special Report

Induction ceremony of APB Bank Coordinators

Views - 222 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 - 270 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 - 338 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 - 379 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 - 1257 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 - 592 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 - 416 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 - 130 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 - 803 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 - 624 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 - 654 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 - 6488 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 - 866 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 - 67 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 - 122 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 - 262 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 - 496 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 - 274 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

Ranil and Dhammika heat up Fireside Chat

Views - 3039 Tuesday, 26 March 2019 00:20

By Uditha Jayasinghe and Charumini de Silva Progressive policy making requires both political will and innovative thinking. Bringing these two aspects together, Prime Minister Ranil Wickremesinghe and business leader Dhammika Perera gave insights o

Diplomatic discourse on Sri Lanka’s way forward

Views - 424 Monday, 25 March 2019 00:00

Growth in a globalised world requires working with partners, learning from others and adapting international best practices. Insights and recommendations from a wide variety of country representatives were showcased recently at Fireside Chat 2019, wi

‘Balancing for better beyond International Women’s Day’ – Amanda Murphy, HSBC

Views - 85 Friday, 22 March 2019 00:00

This year’s International Women’s Day theme “Balance for Better” was a focal point of conversation when HSBC Group General Manager and HSBC UK Head of Commercial Banking Amanda Murphy visited the HSBC Main Office in Colombo 01. As an energet

‘SheLeads’ IWD event by Google’s Womenwill to focus on leadership and gender balance

Views - 185 Friday, 22 March 2019 00:00

A balanced world is a better world. This is the idea behind this year’s International Women’s Day, which was celebrated on 8 March. In celebrating this annual event, Google’s Womenwill program focuses on the idea that bringing about gender equ

Auxenta champions its female employees on International Women’s Day

Views - 101 Friday, 22 March 2019 00:00

International Women’s Day is a global day celebrating the social, economic, cultural and political achievements of women. The day also marks a call to action for accelerating gender parity. Sri Lankan Silicon Valley tech firm Auxenta is commemorati

WIM empowers next generation workforce with career awareness in Ampara

Views - 119 Friday, 22 March 2019 00:00

Women in Management, always leading change for women and youth, celebrated International Women’s day by taking traditional women’s forums out of Colombo. Under the theme of #Betterforbalance i.e. gender balance in the workplace, they focused on t

Innovating for change: The European Union hosts a gender forum in celebration of IWD 2019

Views - 137 Friday, 22 March 2019 00:00

Aiming to ‘think equal, build smart, and innovate for change,’ the Delegation of the European Union (EU) hosted a gender forum titled “Sharing gender-transformative approaches to peace-building in Sri Lanka” in celebration of International Wo

Ladies VIP Night partnering HSBC to celebrate International Women’s Week 2019 a resounding success

Views - 157 Thursday, 21 March 2019 00:33

Sources cite that women’s equality is still a long way off. There is a strong call-to-action to press forward and continue to progress gender parity. People around the world are mobilising for a future that is more equal, working relentlessly to cl

Budget 2019 and impact on listed companies

Views - 779 Thursday, 21 March 2019 00:00

INCOME TAX (INLAND REVENUE ACT NO. 24 OF 2017) AMENDMENTS W.E.F. 1 APR 2019 Proposals Exempt earnings by any non-resident person on any sovereign bond denominated in local or foreign currency Exempt interest income earned by any resident person on

Business leaders, professionals have their say on Budget 2019

Views - 1019 Tuesday, 12 March 2019 00:55

The 9th consecutive annual post Budget Forum 2019 organised by Daily FT and the Colombo University MBA Alumni Association brought together a host of business leaders and professionals to dissect Budget 2019 and share key insights on its impact on the

First Capital reviews Budget 2019

Views - 534 Thursday, 7 March 2019 00:00

The Budget for 2019 focused on continuing its reform agenda though with a much slower liberalisation policy framework while taking measures to revive and strengthen the local entrepreneur. Heavy focus has been laid on promoting tourism together with

V-Awards 2018: 14 finalists honoured for serving Sri Lanka

Views - 453 Wednesday, 6 March 2019 00:00

After months of nominations and thorough selection, Sri Lanka’s 14 most inspiring individuals were acknowledged at the V-Awards 2018 on 20 February at Nelum Pokuna Theatre. They were recognised for their selfless deeds and special contribution to p

Today's Columnists

We need to challenge climate change doubters before it is too late

Friday, 23 August 2019

Imagine a London where the entire subterranean region is engulfed with dirty water. Crammed train carriages that once barrelled along 249 miles of track transporting busy office workers, builders, teachers, civil servants, cleaners and students now r

The Provincial Council Elections – The charade goes on

Friday, 23 August 2019

Originally the SLPP was keen to hold the Provincial Council Elections (PCE) immediately after the Local Government Election results as they felt the PCE would go in their favour. PCE were held under the Proportional Representation system. The relevan

The presidency and the dilemma of the Presidential Election

Friday, 23 August 2019

J.R. Jayewardene created a presidential system not because the parliamentary system of governance that preceded it had failed. He wanted to take over all the powers of the State and assume the status of ancient kings who ruled the country in the past

Enough power in the presidency for the right person

Friday, 23 August 2019

The presidency has not much power some say, but I would say there is plenty for the right person. By intention or otherwise, our Constitution leaves the presidency to be defined by the person occupying the chair. Maithripala Sirisena (MS) showed us t

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