The Local Government elections held on February 10, 2018 was to elect 8,293 members to 341 local authorities (24 municipalities, 41 urban councils and 276 divisional councils – Pradeshiya Sabas). This is the largest election held so far in Sri

Like many Sri Lankans across the country, I joined Sri Lanka’s 70th Independence Day festivities earlier this month. This was undoubtedly a joyful moment and proof of the country’s dynamism and stability. At 70, Sri Lanka has accomplished

LAUNCESTON, Australia: If you were looking for signs that the liquefied natural gas (LNG) merry-go-round is starting to spin a little faster, the announcement of a planned massive expansion in Papua New Guinea is ample evidence.

A landmark study co-authored by a Sri Lankan economist has found that income inequality at district level in Sri Lanka falls when natural disasters strike, which presents key takeaways for how policymakers should respond to disaster relief in the fut

Deepani is a Grade 10 student who loves mathematics and science. Her parents are delighted and encourage her to continue in these fields, assuring her that she will have a bright future. But Deepani is worried that she is not learning all that she sh

We tend to discuss the benefits of regional trading blocs such as the Association of Southeast Asian Nations (ASEAN), North American Free Trade Agreement (NAFTA) and European Union (EU) simply from the perspective of low trade barriers and ensuing gr

The World Bank estimates that 54.3 percent of global population now lives in cities and this proportion will continue to rise.

Investors worldwide are increasingly becoming aware about the environmental, social and governance (ESG) footprint of companies. Think about energy efficiency and positive community contribution or, at the other extreme, oil spills and corporate scan

Fifteen local and foreign property and financial consultancy firms and investment bankers have forwarded proposals for the role of transaction advisor to the government on the sale of Hilton Colombo and the Grand Hyatt Colombo hotels.

The Punjab National Bank branch in south Mumbai sits just down the road from both the Bombay Stock Exchange and the Reserve Bank of India, at a physical centre of one of the world’s fastest growing major economies.

Outside the boundaries of the Diyasaru Park, traffic is locked bumper-to-bumper but inside is a wetland paradise. A long walking path winds its way through 60 acres of carefully restored wetlands, complete with narrow streams covered in pink lotus fl

A permanent shift in the international prices of liquefied petroleum gas (LPG) has been taking place during the past few months fuelled mainly by the price fluctuations of the Saudi Aramco contract price (CP) of LPG. The Saudi Armaco CP is the key gl

The traditional role played by economists is restricted to forecasting economic issues, outlining the ways in which they can be economically tackled and finally contributing towards economic policy-making. Hence, one can criticize that economists pla

Sri Lanka’s trading pattern has been such that the two largest markets for its exports are the United States of America (USA) and United Kingdom (UK). Regionally, Europe is the single largest market for Sri Lanka’s exports.

Van Gogh’s famous painting of ‘Potato Eaters’ depicts a family of poor peasants seated around a dinner table eating their staple fare. The artist confessed that this work is deeply reflective of the hard work that Dutch peasants hav

Following is an interview with international trade finance expert Gary Collyer.  The International Chamber of Commerce Sri Lanka (ICCSL) will be hosting an international trade finance seminar on ‘Past Challenges and Future Opportunities in

Agriculture plays a critical role in economic growth, poverty reduction and food security. The demand for agricultural commodities is increasing, as the world’s population surges to an anticipated nine billion by 2050.

First it was passwords. Then it was fingerprints. Now it is iris and facial recognition. The latest features on your smartphone are a key part of the evolving banking experience. 

The Invest Sri Lanka Investor Forum organised by the Colombo Stock Exchange (CSE) and Securities and Exchange Commission of Sri Lanka (SEC) in association with the CSE member firms, listed companies and supported by Asia Securities (event sponsor) an

Sri Lanka’s poor stands to gain big benefits if more economic freedoms are given, while the businesses and foreign investors will also be encouraged, the participants of the Economic Freedom Summit by Advocata Institute, a free market think tan

The 15thAGM of the Leasing Association of Sri Lanka (LASL) was held on 29th of September  at the Renuka Hotel, Colombo. 

Sri Lanka Tea Board Chairman Rohan Pethiyagoda at the 163rd annual general meeting of the Planters’ Association of Ceylon, held recently.

  ]Asia and the Pacific has long been the world’s top destination for foreign direct investment (FDI), propelled by increasing trade and investment openness in the region. From 2001 to 2016, Asia’s share of global FDI increased from

“There is no doubt that the oil market is moving in the right direction,” the Organisation of the Petroleum Exporting Countries noted with satisfaction in its most recent bulletin published  on Wednesday.

Proposals for an Asian Monetary Fund (AMF) dominated corridor conversations at the 1997 International Monetary Fund (IMF)–World Bank annual meetings in Hong Kong. The Asian financial crisis had erupted a few months earlier and was engulfing the

NEW DELHI: As global attention focused on hurricanes Harvey and Irma, more than 41 million people across South Asia battled floods and displacement.

It has been over 150 years since Sri Lanka witnessed the establishment of its very first tea plantations and while the crop and the island have since become synonymous with one another, today Sri Lanka’s tea industry faces challenges on an unpr

Mahir Brothers in Katugastota, in the Matale District, is one of Sri Lanka’s leading exporters of spices, namely nutmeg, pepper, cloves and cocoa. For the past three generations, Mahir Brothers has tried to maintain the consistency of its produ

Only a handful of Sri Lankan companies have been in existence for over 100 years. However, for 138 consecutive years, the Royal-Thomian has been played, including through two world wars. On the verge of the 138th Royal Thomian, MTI Consulting reflect

Talks of constitution-making have again come to the fore. We, Sri Lankans, have seen our fair share of constitution-making since the independence. But it’s arguable whether such a requirement really came from the citizenry or the rulers wanted