In the 1990s, organisations started to change from highly structured pyramid-like hierarchies towards flatter and leaner shapes. The autocratic management styles that suited a pyramid structure won’t work in the modern organisation with its wide spans of control, high levels of self-management and a workforce that relies on....
During the past few weeks we have addressed the need of educating yourself on the stock market prior to investing. An equally important factor is to manage your relationship with the stockbroker firm/investment advisor and refrain from unwanted disputes that could have an adverse impact on one’s portfolio.
Dialog Axiata PLC, a unit of Malaysia’s Axiata Group said, it will invest US $ 30 million on a new sub marine cable and has entered into an agreement with Bay of Bengal Gateway (BBG) Consortium to establish a Cable Landing Station in South Colombo (Mount Lavinia, off De Saram Road).
Sri Lanka has been rated among the top 10 broadband countries in terms of growth in 2013 by Broadband Forum, a leading non-profit telecom industry consortium dedicated to developing broadband network specifications.
Sri Lanka’s vehicle registrations in March rose 16 percent to 26,921 units over February, though the increase was mainly due to the less number of days and more holidays in February, according to a monthly analysis of vehicle registrations by research and stock brokerage firm, JB Securities Limited.
All health sector workers – doctors, nurses, midwives and other paramedics – share the responsibility for delivering good health services in government hospitals. Duties and roles of these professionals are intertwined. Health workers who are discharging duties in health facilities are the products of years of
There were recent press reports that a number of trade unions have submitted proposals to the National Pay Commission requesting establishment of; 1. a national wages commission for the private sector, 2. a national minimum wage, 3. an unemployment benefit insurance scheme, 4. a pension scheme for the.....
It seems much. According to the Gender Global Entrepreneurship Development Index, the conditions that foster high potential female entrepreneurship are three-fold - encouraging an entrepreneurial environment, entrepreneurial eco-system and entrepreneurial aspirations.
Sri Lanka is on course to achieve macro-economic targets in the near-medium term, and focus must now shift towards longer-term targets up-to and beyond 2030, according to Central Bank of Sri Lanka (CBSL) Governor, Ajith Nivard Cabraal.
REUTERS: Switzerland’s Holcim has unveiled an all-share deal to buy France’s Lafarge to create the world’s biggest cement maker with combined sales of 32 billion euros.
Although the subject of sustainability in tea plantations had been discussed on many occasions before, yet in view of its importance to the tea sector and also as many issues still remain unresolved, this article re-examines this subject.
Sri Lanka’s tourist arrivals rose 17.5 percent Year- on-Year (YoY) to 133,048 in March 2014, with Russia, China, Saudi Arabia and the UAE leading the list, data released by the country’s tourism authority showed. Arrivals in the first three months of the year were up 24.8 percent YoY to 421,501.
Commercial Bank PLC (Combank), Sri Lanka’s largest private sector bank yesterday expressed optimism of their foray into the fast emerging Southeast Asian nation, Myanmar before the third quarter of this year.
One of the most sacred tenets of management is the need for clear accountability. As such, organisations spend enormous amounts of time and energy defining jobs, roles, and goals — and then figure out who to reward or penalize when things go well or poorly.
The Colombo Stock Exchange (CSE) witnessed an increase in Initial Public Offerings (IPOs) since the beginning of the year as a result of the incentives given by the budget for the year 2014 and the prudent measures taken by market stakeholders.
In today’s world, filled with stress, ambition and ruthless pursuit of career goals, environments and people can turn toxic without much notice. The toxicity generated can have a deadly effect on others, especially those caught by surprise. When environments do turn toxic, it is usually due to a few or a group of......
Last year Verité Insights examined the trading relationship between Sri Lanka and the countries that had voted for and against the UNHRC resolution on Sri Lanka both in 2012 and 2013. The findings were important.
Wijeya Newspapers Limited owned Hit Ad and Lahipita, Sri Lanka’s largest classified giants joined hands with Dialog’s wow. lk, to create the country’s largest interactive mobile and web-based classifieds portal.
The Central Bank yesterday informed the public of maximum interest rates that could be offered for deposits by finance companies, with effect from April 1, 2014.
CEAT Kelani Holdings, the company that manufactures half of Sri Lanka’s tyre requirements, has announced a further commitment to the country in the form of an investment of Rs.600 million on a new tyre plant to produce highend radial tyres.