Special Report

Volkswagen to spend heavily on China NEVs

Views - 14 Monday, 27 November 2017 00:00

Volkswagen will invest more than 10 billion euros along with its Chinese partners by 2025 to develop and manufacture new energy vehicles (NEVs) in China, Volkswagen Group China announced on Thursday.


New Zealand Customs opens eGates to Chinese tourists

Views - 14 Monday, 27 November 2017 00:00

“It has been an absolute pleasure to be here to open this,” New Zealand Minister of Customs Meka Whaitiri said during an official opening of the Customs e-Gates to Chinese e-passport holders on Friday.


Chinese-made electric buses join Chile’s public transit fleet

Views - 94 Monday, 27 November 2017 00:00

Chile’s Transport Minister Paola Tapia on Tuesday greeted the incorporation of the first batch of Chinese-made electric buses into the capital’s public transit fleet. “We are advancing in quality for commuters by incorporating electric buses st


Environmental industries growing in China: Analysts

Views - 53 Monday, 27 November 2017 00:00

Environmental industries are growing fast in China as the government attaches great importance to environmental protection, managers and analysts said.


New record of Finnish exports to China possible in 2017

Views - 55 Monday, 27 November 2017 00:00

There is viable potential for growth in Finnish-Chinese economic relations despite a slight decline in the Chinese economy, Finland’s business backed economic think tank ETLA has said in its latest research.


China-based German companies upbeat on 2018 business outlook: Survey

Views - 85 Monday, 27 November 2017 00:00

German companies in China are generally upbeat about the outlook for next year, a survey showed Friday.


Breaking down Budget 2018

Views - 429 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 - 155 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 - 106 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 - 178 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 - 541 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 - 361 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 - 343 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 - 106 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 - 181 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 - 148 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 - 256 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 - 46 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 - 26 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 - 10 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 - 67 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 - 5 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 - 10 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 - 12 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 - 6 Wednesday, 25 October 2017 00:00


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

Views - 88 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 - 305 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 - 265 Monday, 23 October 2017 00:00


Prime Minister issues Economic Policy Statement

Views - 175 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 - 175 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


Today's Columnists

The country needs more Ironmen (and women)

Monday, 26 February 2018

Commendation to Yasas, Julian and the team for a world class event that will have far-reaching positives for Brand Sri Lanka.


Failure at Local Elections: Inability of the Govt. to care for needs of the people

Monday, 26 February 2018

The purpose of this article is to discuss the causes of the massive failure of the Government at the local government elections held on 10 February 2018 and their impact on the economy.


Lessons from LG ElectionsPart 1 Number-twisting game may be self-pleasing but not in accord with eco

Monday, 26 February 2018

The local government elections that concluded on 10 February 2018 have shaken the ruling United National Party(UNP)to its foundation.


Tamil actor Kamal Haasan stars in new role as political leader

Saturday, 24 February 2018

Srinivasan Kamal Haasan is one of India’s foremost film actors. Known popularly as Kamal, the talented and versatile thespian has not only excelled as an actor onscreen, but has successfully engaged in other cinematic spheres too. The multi-faceted


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