Special Report

‘Aarth’ to wow audiences at SAARC Woman Entrepreneur Awards

Views - 151 Monday, 25 February 2019 00:00

Women fashion entrepreneurs from SAARC countries – Bangladesh, Bhutan, Maldives, Nepal, Pakistan, Sri Lanka, Afghanistan, India and Sri Lanka – will together display their art and designs that symbolise the cultural heritage of each of their coun


Ladies VIP Night in partnership with HSBC celebrate International Women’s Week 2019 at Shangri-La

Views - 527 Monday, 25 February 2019 00:00

Ladies VIP Night in partnership with HSBC will celebrate the International Women’s Week 2019 on 6 March at Shangri-La Hotel, Colombo under the theme ‘Women to unite, to empower, inspire and help make a change for a better future’. Sources cite


What it takes for Sri Lanka to achieve 5 million tourists by 2021

Views - 2965 Wednesday, 6 February 2019 00:00

Doubling of tourist arrivals to five million in three years requires Sri Lanka to take some bold and innovative measures apart from effective marketing of a more organised tourism destination, a top expert opined.


If God deleted Sri Lanka, who would notice and why?

Views - 3323 Tuesday, 5 February 2019 00:22

Professor Simon Anholt, who coined the term ‘nation brand’, once asked, “If the hand of God should accidentally slip on the celestial keyboard tomorrow and hit delete and Britain went, who would notice and why?” I would like to ask the same


Sri Lanka-Philippines commit to bolster bilateral ties

Views - 231 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 - 5238 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 - 461 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 - 416 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 - 426 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 - 1897 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 - 622 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 - 864 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 - 1144 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 - 426 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 - 9566 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 - 725 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 - 2300 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 - 264 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 - 435 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 - 332 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 - 566 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 - 357 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 - 370 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 - 432 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 - 716 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 - 92 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 - 384 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 - 141 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 - 262 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 - 549 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


Today's Columnists

Trendvertising: The new world of communication in a hashtag world

Tuesday, 20 August 2019

Rahul Bose, an Indian actor, caught a lot of attention for a video post that went viral, where he complained about the price of bananas during his stay at a five-star hotel in Mumbai. As he explained in his story – he went to the gym at his hotel w


Company Law intertwined with Income Tax – Understanding the nexus! Part II

Tuesday, 20 August 2019

A comparison and analysing the impact of corresponding provisions of Companies Act No. 7 of 2007 and Inland Revenue Act No. 24 of 2017 reveals invaluable insights corporate management must be aware of in day-to-day management activities as well as st


Will ‘10 February’ be repeated?

Tuesday, 20 August 2019

Whilst Sri Lanka is in election mode, the thought crossing every Sri Lankans mind is, ‘Will the 10 February 2018 elections behaviour be repeated?’ given the head-start that ‘Brand Gota’ has got. Whilst many are speculating who will be the fig


Shanta Devarajan: Economist who cannot get disconnected from his motherland

Monday, 19 August 2019

For me, Shanta Devarajan, formerly the Acting Chief Economist of the World Bank Group succeeding the Nobel Laureate Paul Romer and presently Professor at Georgetown University, USA, was a legend by himself. When I met him in early part of the new mil


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