Expert sees Sri Lanka’s potential for cruise tourism

Sri Lanka would have to overhaul its tourism promotion strategy to capitalize on the ever booming global cruise tourism industry enjoyed by high spenders by attracting the big names in cruise shipping...

MTI proposes ‘Ground-Zero’ process to restructure Cabinet

MTI Consulting, over the last 18 years, has worked on organisational restructuring projects across diverse public and private organisations in over 40 countries.

EU and UNOPS support Sri Lanka’s first waste collection tracking system in Batticaloa

?Supported by the European Union (EU), the United Nations Office for Project Services (UNOPS) has partnered with Mobitel Sri Lanka to establish a modern tracking system in the Batticaloa District to monitor the waste collection vehicle fleet of the Local Authorities. 

Sri Lanka is witnessing ‘greener development’

With the onset of political stability, Sri Lanka has actively pursued a policy of vigorous industrial and economic growth.

CA Sri Lanka Strategy Summit educates corporate leaders on nexus between creativity, innovation and

Success doesn’t come overnight nor does it happen by accident. To achieve success and sustainability, businesses must create, innovate, strategize and execute the plan with diligence. 

The Singapore model: Lessons for Sri Lanka

When discussing Asia’s economic success, economists always take Singapore as a role model to develop nations and create wealth.

Fixing the NTBs between India and Sri Lanka

The previous Verité Insight titled ‘Exports to India: putting the “free” back into the free trade agreement’ highlighted that when negotiating trade agreements, ...

Should the government be the ‘employer of first resort’?

In the early years after independence, it was generally accepted that the government’s role was limited to providing defence,

Our export target should be over 100% of GDP: Harsha

Following is the speech by Deputy Minister of Policy Planning  Dr. Harsha de Silva, delivered at the 18th Annual General Meeting...

JVP meets business community with ‘The Accord of the Conscience’

?When the Janatha Vimukthi Peramuna (JVP) met the representatives of the private sector as a prelude to introducing their manifesto ‘The Accord of the Conscience’, it was more than a mere historic meeting.

Simplicity principle made Apple into world’s largest company: Ken Segall

The corporate and academic sector in Sri Lanka was recently given a lesson on the power of simplicity by Ken Segall, who was the Creative Director of Apple Inc.’s advertising agency TBWA/Chiat/Day.

SEC Chief urges to maintain professionalism

?Following is the speech of Securities and Exchange Commission of Sri Lanka (SEC) Chairman Thilak Karunaratne at the SEC’s Certificate and Diploma Awards Ceremony 2015.

Creating an asset-owning middle class

The fourth Annual Certificates and Diploma awards ceremony organised by the Capital Market Education and Training (CMET) of the Securities and Exchange Commission (SEC) was held recently.

Subsidies and controls no panacea for farmer woes

The long-term prospect of our agricultural sector is severely constrained by extreme inefficiencies in both markets and public policies.

Reach out to youth, embrace latest technology: Experts

Sri Lankan banks and companies in general should transform themselves to be relevant in a changing future, according to experts who presented their views at the CIO Agenda 2015 held at Cinnamon Grand this week.

Megaprojects: The good, the bad and the better

Infrastructure megaprojects are crucial to the future of cities, states and individual livelihoods. The problem is that these projects often go off the rails, either with regard to budget or time—or both.

Sri Lanka needs equal access to Science education

A knowledge economy widely uses knowledge for the country’s growth and development process. Knowledge economy is closely linked with science and technology, innovation, research and development. 

Sri Lanka should learn from developed hub operators: Outgoing SLFFA Chief

?Following are excerpts of the speech delivered by Sri Lanka Logistics & Freight Forwarders’ Association Outgoing Chairman Dushmantha Karannagoda, at the 34th Annual General Meeting held recently.

Handouts and subsidies — Who is left holding the bag?

?The Pathfinder Foundation in its blueprint on economic reform, ‘Charting the Way Forward: Prosperity for All’, highlighted the following paragraph:  Sri Lanka needs to follow good practice which is being pursued by an increasing number of countries around the world.

Modi can lead South Asia’s regional and global integration

India’s domestic and international economic choices have not always been the wisest. At independence, India was determined to transcend the distorted pattern of economic integration with the world that two centuries...

Eran challenges business community to show leadership accountability

?MP Eran Wickremaratne, who was the chief guest at the Annual Meeting of the membership of the Sri Lanka Institute of Directors (SLID), lauded the institute for its yeoman service over the last 15 years in creating...

Furthering debate on economic reforms – A rejoinder

?The Pathfinder Foundation (PF) welcomes the well-written and carefully considered critique of its blueprint, ‘Charting the Way Forward: Prosperity for All’, by the Collective for Economic Democratisation that was published in Mirror Business last week. 

Audit Committee Forum holds discussions with CSE and SEC

?To even better understand the key regulatory requirements and Audit Committee (AC) priorities, the Audit Committee Forum organised its fifth evening presentation and panel discussion recently, at the Institute of Chartered Accountants of Sri Lanka. 

Tea cup lukewarm in first five months

Sri Lanka’s tea industry witnessed dampened growth from all sides on May, with not only its revenue and exports continuing on a declining trend, but also the cumulative export earnings for the first five months standing at a five year low.

Standardising English in Sri Lanka’s Manufacturing and Retail Industry

?The English language requirement for various job roles is different. Working with a key player in the Manufacturing and Retail industry, the British Council has embarked on the journey of understanding this requirement through a benchmarking exercise. 

Emperor’s new clothes: Pathfinder Foundation’s Economic Blueprint

The Pathfinder Foundation’s prescriptions in its recent report, ‘Charting the Way Forward: Prosperity for All’ are a blueprint for the failed neoliberal policies of the past and would lead to prosperity for a few and misery for many.

Politics dominating Economics: Recipe for a hard-landing  

Sri Lanka is once again allowing politics to suppress and postpone urgently needed economic policy reforms.

A hidden roadblock in public-infrastructure projects

The world needs more infrastructure than governments can deliver.

Indo – Lanka economic relations: Potential for transformative leap

Pathfinder Foundation and Vivekananda International Foundation..

Combating child labour through quality education

Today marks the World Day Against Child Labour, an awareness campaign launched by the International Labour Organisation (ILO) to draw attention to the 168 million children aged 5-17 engaged in child labour worldwide.