Special Report

StartupX Foundry: Powering Lankan startups into global arena

Views - 1194 Monday, 12 June 2017 00:03

StartupX Foundry Founding Partner Dag Honningvåg and StartupX Foundry Program Manager Aloka Gunasekara unveiling the StartupX Foundry sign   The idea behind StartupX Foundry germinated from what in fact was a problem fac

Microsoft BizSpark reinforces vision for ‘Gudppl’

Views - 1360 Monday, 12 June 2017 00:02

Startups are established each year and are often paraded around with increasing fervour to describe scrappy young ventures, popular web-based apps and high-profile tech giants. Be that as it may, this is a certainty: many close shop and only a few

South Korea invites Lankan startups for K-Startup Grand Challenge 2017

Views - 844 Monday, 12 June 2017 00:01

India-Korea SW Cooperation Centre Executive Director Kyung Hwan Lee  – Pic by Lasantha Kumara    In a bid to make South Korea Asia’s hub for startups, the Government is inviting startups from around

Sri Lanka’s untapped potential

Views - 1173 Friday, 9 June 2017 00:00

  Officials and private sector experts weigh in on what makes Sri Lanka ready for investment By Chathuri Dissanayake  and Uditha Jayasinghe Sri Lanka sets itself apart from the rest of South Asia when it c

Accepting e-documents with e-signatures: A small step for the Govt., a giant leap for the country

Views - 1086 Friday, 9 June 2017 00:00

  By Verité Research and The Import Section of the Ceylon Chamber of Commerce I. Summary Improving export performance is a priority for Sri Lanka. Global export competitiveness is increasingly determined by t

Moratuwa Uni Rotaract Club’s ‘Grama Prabodhaya’ wins global award

Views - 1562 Wednesday, 7 June 2017 00:00

In recognition of its efforts towards the community development, ‘Grama Prabodhaya’ initiated by the Rotaract Club of University of Moratuwa has been selected as the Single Club International Winner in Year 2016-17 Rotaract Outstanding

JKH evaluating “significant investment opportunities” across industry groups

Views - 2249 Friday, 2 June 2017 00:00

  Sri Lanka’s premier blue chip John Keells Holdings (JKH) Chairman Susantha Ratnayake whilst expressing confidence on investments already made has said the Group is currently evaluating “significant investment opportu

Amendments to SEC Act, CSE listing rules need revisit: Dr. Jayasuriya

Views - 1856 Thursday, 1 June 2017 00:00

  Colombo Stock Exchange Manager Compliance Lankesha Molligoda, Colombo Stock Exchange CEO Rajeeva Bandaranaike, Ernst & Young Former Head Asite Talwatte, Securities and Exchange Commission former Chairman Dr. Dayanath Ja

An island of opportunity

Views - 1758 Wednesday, 31 May 2017 00:00

fDi Magazine Deputy Editor Jacopo Dettoni talks to Daily FT about  investment opportunities after  Sri Lanka tops the global rankings of ‘Island Economies of the Future’  By Uditha Jayasinghe Q: What

President’s visit will boost Australia – Sri Lanka ties: Ambassador Skandakumar

Views - 1302 Monday, 29 May 2017 00:02

Sri Lanka and Australia enjoy strong bilateral relations, and the current state visit of President Maithripala Sirisena will give them quantum jump, says Sri Lankan High Commissioner in Australia  Somasundaram Skandakumar.  Bi

Sri Lanka and Australia make Joint Declaration to enhance cooperation

Views - 968 Monday, 29 May 2017 00:01

President Maithripala Sirisena last week made a state visit to Australia. Here is the Joint Declaration between Sri Lanka and Australia signed by Deputy Foreign Minister Dr. Harsha de Silva and Australia’s Foreign Minister Julie

BCIS signs a MoU to enhance SL-China academic cooperation

Views - 1015 Friday, 26 May 2017 00:00

The Bandaranaike Centre for International Studies (BCIS) and the China Institute of International Studies (CIIS) have entered into an agreement yesterday in Colombo to enhance academic cooperation between Sri Lanka and China. The Memorandum of U

Sri Lanka-China Business Council in Hangzhou set up to boost bilateral ties

Views - 991 Friday, 26 May 2017 00:00

Consulate General of Sri Lanka in Shanghai in collaboration with Herbilan group established Sri Lanka-China Business Council in Hangzhou, capital of Zhejiang Province, China on 18 May. The opening day ceremony was held at Hangzhou Blossom Tao Hote

China says new Silk Road not about military ambitions

Views - 977 Friday, 26 May 2017 00:00

Beijing (Reuters): China’s ambition to build a new Silk Road is not about seeking to expand its military role abroad nor about seeking to set up foreign bases, the Defence Ministry said on Thursday. The new Silk Road, formally known as the

Sri Lanka Investment Forum held in Beijing

Views - 1005 Friday, 26 May 2017 00:00

A successful Sri Lanka-China International Economic Cooperation Forum was held on 17 May at Super House International Hotel in Beijing, the Foreign Affairs Ministry said. This was an event where approcimately 250 Chinese businessmen participated

Alibaba’s Jack Ma: ‘Belt and Road’  a more inclusive globalisation

Views - 1345 Friday, 19 May 2017 00:00

People’s Daily Online: On 14 May, Jack Ma described to the People’s Daily what he believes makes the Belt and Road Initiative a uniquely effective and inclusive project. Ma, executive chairman and founder of Alibaba Group, granted the

China’s Silk Road project: A trap or an opportunity?

Views - 1668 Friday, 19 May 2017 00:00

  China’s trading partners are concerned that the new Silk Road project may get them stuck in a ‘debt-trap diplomacy’   By Richard Javad Heydarian www.aljazeera.com: “As the w

China’s new Silk Road promises trade and riches, with President Xi at helm

Views - 1246 Friday, 19 May 2017 00:00

Reuters: Chinese President Xi Jinping and 29 other heads of state on Monday reaffirmed their commitment to build an open economy and ensure free and inclusive trade, under the ambitious Belt and Road initiative led by Beijing. As a two-day summi

Sunshine Holdings: Scaling new heights with 50 years of responsible entrepreneurship

Views - 4483 Wednesday, 17 May 2017 00:00

With its humble beginning as a retail pharmacy in Gampola town in 1967, Sunshine Holdings has become a leading conglomerate today, diversifying its roots of expertise into agribusiness, healthcare and consumer sectors. Since its beginnings, Suns

China pledges $ 124 b for new Silk Road, says open to everyone

Views - 1248 Monday, 15 May 2017 00:05

Reuters: Chinese President Xi Jinping pledged $ 124 billion on Sunday for his ambitious new Silk Road plan, saying everyone was welcome to join what he envisioned would be a path for peace and prosperity for the world. China has touted

The trains and sea ports of China’s new Silk Road

Views - 1564 Monday, 15 May 2017 00:02

AFP: China’s Silk Road summit on Sunday will highlight the country’s plans to revive ancient trade routes from Asia to Europe and Africa with a massive network of rail and maritime links. The One Belt, One Road Initiative was unveile

India skips China’s Silk Road summit, criticizes initiative

Views - 1334 Monday, 15 May 2017 00:01

Reuters: India has not sent an official delegation to attend the ‘Belt and Road Forum’ in Beijing and instead criticised China’s global initiative, warning of an “unsustainable debt burden” for countries involved. C

Sri Lanka Investment Summit in Hong Kong a big draw

Views - 2790 Monday, 24 April 2017 00:01

The Sri Lanka Investment Summit, organised by the influential Finance Asia magazine, was successfully held in Hong Kong recently in partnership with multiple stakeholders including Standard Chartered Bank and Asia Securities.  Near

Sri Lanka debate: Seeking to be the centre of Asia

Views - 3543 Monday, 17 April 2017 00:00

  The island’s geographical position has always given it a natural advantage as a trading centre. Now the country is keen to boost its private sector and draw in foreign investment    The Sr

Dr. Shashi Tharoor talks India way for Sri Lanka

Views - 5952 Friday, 7 April 2017 00:00

  Geographical proximity must become a reason for closeness rather than controversy The past must remind us not of recent pain but of ancient commonalities Religion and culture must bring us together in

BMICH remembers its founder on International Women’s Day

Views - 4147 Monday, 27 March 2017 00:09

Enthusiastic participants at BMICH’s International Women’s Day program   The S.W.R.D. Bandaranaike National Memorial Foundation (BMICH) joined the world community recently in celebrating International

HNB salutes indomitable spirit and dedication of ‘women power’

Views - 3358 Monday, 27 March 2017 00:03

HNB's female workforce at Head Office celebrating International Women’s Day Sri Lanka’s leading private sector commercial bank, HNB PLC hosted a special event saluting the dedication and determination of the bank&r

LAUGFS Eco Sri Launches ‘YOU’ in celebration of International Women’s Day

Views - 2968 Monday, 27 March 2017 00:01

  In view of International Women’s Day 2017 the program ‘YOU’ was organised by LAUGFS Eco Sri Ltd., in recognition of the contribution made by female staff in the organisation.  With the launch of thi

Niroshan on Govt.’s growth, transparency and visionary policies at CSE Sydney forum

Views - 3757 Wednesday, 22 March 2017 00:01

National Policies and Economic Affairs State Minister Niroshan Perera on Monday, while speaking at the Invest Sri Lanka forum in Sydney organised by the Colombo Stock Exchange, outlined the Government’s vision and progress in steering the co

Sri Lankan insurance industry yet to realise full potential

Views - 4511 Tuesday, 21 March 2017 00:00

  By Gayan Rajakaruna and Hiruni Perera The insurance industry in Sri Lanka is still at early stage of the lifecycle despite the growth momentum in recent times. Despite low penetration, total insurance premium in

Today's Columnists

Sustainable tourism – New profit for businesses

Tuesday, 26 September 2017

World Tourism Day has been celebrated since 1980 on 27 September, the day in which the Statutes of the World Tourism Organization (UNWTO) entered into force.

Do economic sanctions matter to Iran?

Tuesday, 26 September 2017

Economic sanctions are not a new phenomenon to Iran. It has been 38 years since the Iranian revolution (1979) took place. Since then, the United States, European Union and some other countries have been imposing

It is an uphill task for the Govt. to attain the envisaged targets

Monday, 25 September 2017

In Part 1 of the article series on the Government’s Vision 2025 published last week, it was pointed out that the present vision document was just the fourth of such visions pronounced by the Government during the last two year period.

Women for tourism

Monday, 25 September 2017

Tourism is one of the world’s largest and fastest growing industries. In many countries it acts as an engine for development through foreign exchange earnings and the creation of direct and indirect employment.

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