As we celebrate yet another International Women’s Day: Can Sri Lanka’s corporates be more gender equal?
The other day, my mobile phone rang – it was a wrong number. But as I and thousands of other Sri Lankan women discover to their dismay every day, the caller rang back – many times in fact, whispering what no woman wants to hear.
Korea is no stranger to economic hardship, recovery and progress. The Korean War during 1950-53 took 1.5 million lives and destroyed close to 40 percent of the country’s industrial facilities. Yet, it overcame this turbulent history to become a developed country in less than a generation – an achievement fondly referred to...
Eurocars (Private) Limited, the official Porsche importer in Sri Lanka, is organizing for the first time a Porsche approved preowned car fair from March 8 to 9, at Arpico car park at Union Place.
Consumer durables retailer Singer Sri Lanka said it recorded ‘marginal growth’ for the year ended December 31, 2013 (FY13) amid challenging business environment aggravated by low customer demand.
Previous Verité Insights have documented the “long-procrastination” in the achievements of targets set out in the budget. The mismatch between expectation and reality has been particularly a problem in the area of government revenue. This Insight locates the sectors that have suffered with budget cuts to compensate for......
Our Condominium Act was based on the condo operations of Singapore. Singapore obtained more information with regard to setting up condominiums from Australia. Since the introduction of condominiums in Singapore, they also have various problems that have to be attended to.
Several approaches, techniques and systems were developed in the 80s and 90s to tackle the problem of tapper shortage and rising costs of production, which were not adopted on a large scale due to low productivity of prevailing clones in the 80s/90s, very low selling prices of rubber, low wages paid to tappers....
“If you don’t know where you are going, any road will get you there.” This line from Alice in Wonderland has been true in many organisations and companies. They often don’t have or maybe don’t articulate very well real business goals other than ‘staying in business’.
Imagine you’re sitting at the black jack table and the dealer throws you an ace. You’d love to increase your bet but you’re a little short on cash. Luckily, your friend offers to spot you Rs.50 and says you can pay him back later. Tempting, isn’t it?
Sri Lanka Telecom PLC, the leader in fixed telephone services in the country has raised US $ 100 million five- year term loan facility with the support of HSBC and Sampath Bank.
United National Party Parliamentarian and economist, Dr.Harsha de Silva yesterday once again raised the issue of non-submission of audited accounts of Employees’ Provident Fund (EPF) —the largest superannuation fund controlled by the Central Bank—to the Parliament for the year 2011.
Would a look back at what decisions we made be relevant to the decisions we make in the future? In retrospect is a term used wisely. Most of us feel wiser and mature, when we look back at the past. The decisions we have made, the people we have chosen to be with, the career moves we have made....
“Investment is most intelligent when it is most business like.” -Benjamin Graham, The Intelligent Investor. It is fitting to have a Ben Graham quote open this essay because I owe so much of what I know about investing to him. I will talk more about Ben a bit later and I will even sooner talk about common stocks.
John Keells Holdings (JKH) was adjudged the country’s most transparent and accountable business entity when it bagged the Overall Winning Award at the annual ACCA Sri Lanka Sustainability Reporting Awards, with Diesel & Motor Engineering PLC (DIMO) coming in as the overall runner-up.
The latest Sri Lanka-Iraq Joint Committee for Economic Cooperation (JEC) Commenced February 25 in Baghdad, a statement from the Industry and Commerce Ministry said. “Iraq is certainly an important market for us not only for tea but even for other prospective products.
Friendship bridge across Asian waters Sino-Sri Lankan relations grow apace with trade gains made over decades
In December 1952, during a historic visit to China to conclude the rubber-rice barter trade agreement, Sri Lanka’s then commerce minister Richard Gotabhaya Senanayake was presented with a gift by Zhou Enlai, then premier of the People’s Republic of China.
Avirate, the leading women’s clothing retailer in Sri Lanka held a press conference on Friday 21st Feb 2014 to announce the launch of their new Spring/Summer 2014 collection, combining casual, sassy street wear, festival trends and elegant evening wear & also to talk about their expansions globally this 2014.
Sri Lanka could benefit and seek higher growth from global electronic payment trends, falling in line more with the current cashless spending patterns, a top official from the US financial services multinational, MasterCard said.
Oxfam states that the accumulated wealth of the top 85 of the richest in the world equals the total worth of $ 3.5 billion of the poorest! It goes beyond 4 billion of the poorest, when one adds the total wealth of the next 250 richest in the world to the top 85.
Soil organic matter is any material produced originally by living organisms (plant or animal) that is returned to the soil and goes through the decomposition process. At any given time, it consists of a range of materials from the intact original tissues of plants and animals to the substantially decomposed mixture of......
Mega vessel, Zhen Hua 11 recently shipped a large consignment of gantry cranes and container trailers for the newly built Colombo International Container Terminal (CICT).
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