The Port of Colombo will see its capacity for handling ultra large container ships increasing in the year 2024, as both East Container...

A few months back the IMF was seen as the only savior who could put the house in order, but that belief amongst the masses has been eroded by the politicians since all austerity measures to be adopted are blamed on the IMF. Could politics and cheap t

The import ban imposed by the government was a bitter pill to swallow for many but certain sections of the economy did stand to benefit from the move, as it provided an elevated platform to perform better.

It is rather unusual for trade union leaders to speak geopolitics.

Capital is critical for banks to be in business. In banks and financial sector, it is meant to meet unexpected losses arising out of normal course of banking business like any other commercial enterprise. 

The gap between global infrastructure needs and global infrastructure investment is widening. Inadequate investment in transport, communications and energy networks is estimated to be US $ 26 trillion in Asia alone. 

For decades, China has been both a focal point of India’s foreign policy and its main rival on the international scene. The defeat in the 1962 war, China’s economic, military and political support for Pakistan and incidents at the dispute

This Valentine’s Day, millions of people across Asia - and around the world - will express their feelings and celebrate the special relationships they have with their loved ones, through the exchange of cards and gifts in a tradition that can b

In the process of financial intermediation, banks mobilize deposits and deploy them in loans and investments in tune with the Central Bank guidelines to create assets. 

Recently, Sri Lanka celebrated the 70th Independence Day ceremoniously, giving some opportunities for the rulers as well as citizens to look back and rectify certain issues pertaining to development. Sri Lanka, like its other Asian counterparts, was

In 2009, the New York Times published an article titled: In a Digital Future, Textbooks are History. Since then, many have queried whether textbooks are needed in a digital world, given that extensive and often free online resources are now available

Risk management in banks are data dependent and data driven.The standard of integrity of data can define the precision with which the measurement of a risk can be undertaken.

A Goldilocks economy is an economy that is not too hot or cold, in other words sustains moderate economic growth, and that has low inflation, which allows a market-friendly monetary policy. The name comes from the children’s story Goldilocks &a

The world economy appears to be booming – in its latest World Economic Outlook Update, published on January 22, the International Monetary Fund (IMF) estimated that global gross domestic product (GDP) grew by 3.7 percent last year, up from 3.2

A prominent administrator after reading my column last week wrote to me and said, “Push has come to shove. Sirisena is breathing fire. A drastic change of direction is needed after February 10.”

There are economically sensitive things the investors are actually interested in, when their investment decisions are made, the big part of which is how the economy performs. However, investor sentiments are manipulated by common as well as specific

Rightly or wrongly, the developing countries may see themselves in competition for financing from the US $ 10 billion Green Climate Fund (GCF)—the flagship fund for adaptation and mitigation investment under the UN Framework Convention on Clima

The first Labour Demand Survey (LDS) in Sri Lanka, conducted by the Census and Statistics Department, recorded nearly half a million vacancies in the private sector. A large portion of these vacancies are found to be in routine and non-routine manual

Despite having large working-age populations, many countries in Asia Pacific will struggle to find talent with the necessary skills to thrive in tomorrow’s workplace. 

The second law of CEO communication is for the leader to connect emotionally with her audience. This is generally done by telling stories or anecdotes.

The freshly-signed Sri Lanka-Singapore Free Trade Agreement (SLSFTA) marks a new milestone in the relations between the two island economies. The agreement, signed on January 23, 2018, after almost 18 months of negotiations, is a modern, comprehensiv

“It is for the people of Asia to run the affairs of Asia, solve the problems of Asia and uphold the security of Asia,” Chinese President Xi remarked at the 2014 Conference on Interaction and Confidence-Building Measures in Asia. 

Cost of production From 1980 to 1991, under state management, the average cost of production (COP) for a kilogramme of tea was 140 percent relative to the daily wage of a worker. After privatization, the regional plantation companies (RPCs) managed t

As we all know, President Maithripala Sirisena has sought the opinion of the Supreme Court that whether he, as the person elected on January 9, 2015, has any impediment to continue in the office of President for a period of six years. In terms of Art

Our world looks in vain for strong leadership. Politicians and religious leaders no longer seem to offer it.

We’ve seen it used numerous times, from the cover of prominent publications to speeches by Fortune 500 CEOs and world leaders: “data is the new oil”.

We refer to the article that appeared in Mirror Business under ‘Performance of RPCs: Facts or Fiction’ by Lalin I. De Silva.

There are two primary methods used to analyze stocks and make investment decisions: fundamental analysis and technical analysis. 

One of the key challenges of banks is to maintain equilibrium between inflows and outflows of funds, in terms of size and tenor. 

Insurance accounting has never been easier for accountants due to the complicated nature of insurance contracts when assessing the liability arising from  insurance contracts.