Underpinned by solid growth and boosted by medium-term fiscal support, the Sri Lankan economy rode out a difficult year in 2016, though the government measures to curb spending and boost revenue may impact investment and expansion in the coming year.

The connection that exists between a leader and those being led is, like most relationships, seldom easy to understand or take out. The satisfaction that leaders derive from having an impact over others is not easy to unpack. Generally, there are two

A stock market is one of the most vigorous sectors that plays an important role in contributing to the wealth of the economy. 

If you have gone through carefully the previous instalments, you would by now understand that business renewal is a judgment call—not a spreadsheet exercise. Your business model is the description of who your customers are, what they want from

And so women – according to feminists – everywhere, marched in defiance of whatever the politically correct agenda said was not fashionable. There was a lot of rage too there;

By Trade has been stuck for a while now. That matters for Asia: the region’s economy has been built on trade and despite the lacklustre demand in the West over recent years and the pivot to local leveraged-fuelled demand,

The incoming Trump administration may promise a rewriting of the US-backed liberal world order in place since the end of World War II. Based on campaign promises and post-election statements, Trump promises either taking on a highly aggressive outwar

President Trump’s pledge to put America first during a global trade slowdown has sparked worries that the era of export-led growth has ended. Trade in Asia and globally has slowed since the 2008 global financial crisis but it is not the end of

At the World Economic Forum in Switzerland Prime Minister Ranil Wickremasinghe stated that Sri Lanka would soon have access to four major markets. He requested local and international investors start ventures in Sri Lanka. The proposed free trade arr

In memory of Professor A.D.V De. S. Indraratna, this is a republication of the article initially published in Mirror Business in 2011under the ‘Sri Lanka’s Prominent Economists’ series

When Forbes recently announced its list of Under 30 movers and shakers, the list was more than a statement of young entrepreneurship. It was a confirmation of how entrepreneurship captures the young early on; it also highlighted the power of technolo

We live in an age where we see digital native unicorns, a name fondly used for start-ups valued for more than US $ 1 billion. They’ve turned the world of business upside down by focusing on customer experiences with great user interfaces (UIs)

For the global economy and markets, the start of 2017 couldn’t have been more different from a year ago. Business confidence as well as growth and inflation expectations are once again on the rise in the US and other major economies.

Though Sri Lanka does not have a strong stance on reducing the usage of plastic, many countries have taken big leaps to ban plastic and to highlight the health hazards pertaining to the leach of plastic. 

THOMSON REUTERS FOUNDATION: With rainfall in many areas just a third of that last year and many water reservoirs far below normal levels, Sri Lankans have begun holding traditional ceremonies to invoke rain - some with the participation of President

Daily FT cover story on Tuesday highlighted the 10 most important things to look for whether a country is rising or falling, quoting Ruchir Sharma’s latest book – The Rise and Fall of Nations – one of them the country’s talent

2015 was a major turning point for Sri Lanka as a nation. It was a year that saw the Sri Lankan people reject a corrupt and authoritarian regime led by Mahinda Rajapaksa and move decisively towards democracy and communal reconciliation. 

Before deliberating on the new auditors’ report, it is important to know the sequence of events that created the necessity to bring in changes to the auditors’ report. At the outset, it is worthy of noting that ‘auditing’ has

So, almost 70 years on since our independence we are now discussing the need to return sovereign power back to the grassroots, thus it has taken us all this time to realize that bit-by-bit, the power to govern ourselves has been carefully and continu

The Great Depression of the 1930s and the populist protectionist policies that exacerbated it fostered the emergence of fascist regimes and the collapse of a liberal political order in Europe, putting the continent on a path to the disaster of the Se

COLOMBO: The theme of this year’s World Economic Forum in Davos, Switzerland, is ‘Responsible and Responsive Leadership.

AFP: The man behind the annual Davos forum that for decades has been singing the praises of global trade insists that globalisation is only one factor in dramatic shifts provoking angst and anger.

Over the past 3 years, the world production of tea grew 6 percent from 4,990 in 2013 to 5,304 billion kilograms in 2015. 

China’s One Belt One Road (OBOR) initiative is carving out new pathways across the Eurasian continent, signifying Beijing’s ambitions to remake the world around it.  This project, if implemented, will fundamentally change China&rsquo

There was always the ‘tuks’ and then came the metered taxis, which made life a lot easier for those depending on them for transport as it finally meant a standard fee was charged

The former administration unlike any other previous regimes made a conscious effort to extend its dominance in many economic spheres.

Last week, we reviewed three types of zones on business renewal: Anticipation, Adaptation, and Reaction.  This week also we continue on the same point. 

Imagine that you are a farmer. Your crops are withering as the weather patterns become more volatile, your well water is too salty to drink and rice is too expensive to buy at the market. So, you leave home in search of a better life.

Chitra is a language teacher at the high school near her home. She is well loved by her students. But, her class room is different – it is brightly lit, all the time. Chitra is only able to see in bright light. Despite this seeing difficulty (s

After a year marked by financial turbulence, political surprises, and unsteady growth in many parts of the world, the Fed’s decision this month to raise interest rates for just the second time in a decade is a healthy symptom that the recovery