Forbes Asia: Not long ago, few governments or companies would dream of building large-scale infrastructure in another country. It was seen as being too risky and the timeline for returns too long-term. But in the relative global calm and heighte

Following several years of high lending, hiked interest rates and the pursuit of Basel III compliance, credit growth in Sri Lanka could slow this year and into 2018. 

Last week, the World Health Organisation (WHO) made a good report card on the global campaign against tobacco pointing out that many countries have achieved considerable progress in this endeavour. It reports that following the adoption of the Framew

Steve Jobs, Henry Ford and Lee Kuan Yew – what did these titans have in common? They had a clear vision of the future and the leadership skills to manifest the future they desired.

There is increasing hype and attention drawn to pharmaceutical manufacture in Sri Lanka. Pharmaceutical manufacture is indeed an attractive global industry in which Sri Lanka could participate and prosper. 

Since the conclusion of a nearly three-decade-long conflict in 2009, Sri Lanka’s prominence in the Indian Ocean politics has grown significantly. Whereas during the conflict its outlook was predominantly security-oriented, the island nation has

During Sri Lanka’s May floods, rescue crews in Kiriella, a small town in the Ratnapura District, spotted a remarkable sight.

Since independence, Sri Lankans have frequently and hopefully changed political parties, from blue to green, from green to blue, occasionally a blurred purple, while the reds have continued to threaten on and off the field!

The G.C.E. Ordinary Level (O-Level) exam is a watershed in education for the youth in Sri Lanka. Success at the O-Levels opens avenues for further education and better skills but this is a full stop in education for many due to poor performance. Educ

This week, Sri Lanka adopted an amendment to its Fisheries and Aquatic Resources Act banning bottom trawling fishing in its waters. Those in violation of the new law will face a significant fine and the possibility of two years in prison. It is an im

A lack of transparency: it is one of the most common complaints of the private sector in many developing countries where the World Bank Group works.

The introduction of the Microfinance Act in 2016 has caused many to believe that the concurrent regulation for the microinsurance sector is a natural consequence. In fact, the Insurance Board of Sri Lanka (IBSL) has intimated that the introduction of

There has been much talk about Sri Lanka’s enviable location along one of the busiest shipping routes in global trade – between the booming markets of Asia and the developed, high-income ones of Europe. This gives us a distinct advantage

The recent decision by the European Union (EU) to reinstate Sri Lanka to its tariff exemption scheme, designed to assist developing countries in achieving the upper middle income status, should serve to boost exports and generate renewed private sect

Never in the recent history has Sri Lanka faced as many challenges due to disasters as the country did in the last decade

This is the 11th of the Mirror Business-Colombo Stock Exchange (CSE) interview series, featuring the top executives of the S&P SL20 companies

In May 2017, India curtly and publicly declined to attend Chinese President Xi Jinping’s Belt and Road Forum (BRF) in Beijing. India’s snub was both uncharacteristic and controversial, although not unexpected. 

Encouraging women to ride motorbikes halved their travel time to markets in Cambodia.

Following are the opening remarks of World Bank Country Director Sri Lanka and the Maldives Idah Z. Pswarayi-Riddihough, at the launch of ‘The Roadmap to Improve the Investment Climate’, this week in Colombo. 

Following is the speech made by Development Strategies and International Trade Minister Malik Samarawickrama at the launch of ‘The Roadmap to Improve the Investment Climate’, this week in Colombo. 

In line with the duty of developing and maintaining  an “efficient, coordinated and economical system of electricity supply for the whole of Sri Lanka”, the Ceylon Electricity Board (CEB) has submitted its Least Cost Long-Term Genera

In its second RMB Investors Forum, Standard Chartered concluded that China is still an attractive investment location to foreign investors. Standard Chartered’s RMB Investors Forum is a programme aimed at engaging market participants on real in

As usual, with the drop in arrivals in the month of May and June, it’s the time to correct the shortcomings to better our services and plan for the 2017/18 winter season in Europe. We consider the months November to mid-April as the high season

The future of trade and cross border commerce in Asia and the Pacific and the US role in Asia’s economy were put in doubt by Donald Trump’s withdrawal of the United States from the Trans-Pacific Partnership (TPP) economic agreement.

The proposal for liberalization of tea imports has been debated for over 15 years without any decision. The Tea Exporters’ Association (TEA) of Sri Lanka’s request for liberalization was included in the 2016 government budget approved by

The authorities’ excessive measure to protect the corn farmers would have a devastating impact on the chicken industry in Sri Lanka, the industry specialists warn.

On May 12, Nepal signed a memorandum of understanding (MoU) with China to cooperate on the Belt and Road Initiative (BRI). The timing of the agreement, signed just two days before the Belt and Road Forum in Beijing, is not surprising.

Solutions to flooding and water shortage: Both are very important and urgent matters and action should be taken immediately to prevent a future crisis. 

The Chartered Institute of Logistics & Transportation (CILT) Sri Lanka Logistics Leaders Evening was held recently with a lecture titled ‘Sri Lanka’s Competitiveness – A Tiger or a Small Miracle’ by former Central Bank Dep

Following is a response from Environmental Foundation Ltd (EFL) and the Wildlife and Nature Protection Society (WNPS) to the article ‘Small hydropower industry debunks negative theories’ published in Mirror Business, on May 30, 2017.