After a turbulent 2015, China’s major stock exchanges took another hit in January. Chinese authorities have in the past clumsily tried to stop the free fall in markets with various degrees of success. But for China to avoid a middle-income trap

The clean- and safe-energy revolution is not imminent. In fact, according to the information compiled by ‘Looking Ahead: The 50 Global Trends That Matter’, an annual compendium of data and graphics on subjects ranging from economics to de

There is no doubt that China’s ongoing growth slowdown has had far-reaching effects on the global economy. But its role in the sharp fall in commodity prices that has occurred since 2014 – an outcome that has been devastating for commodit

March 22 marks the World Water Day 2016 under the theme ‘Water and jobs’. The theme focuses on how enough quantity and quality of water can change workers’ lives and livelihoods - and even transform societies and economies. In this

In recent years, Southeast Asia has experienced what are, if viewed in historical perspective, three ‘miracles’: economic growth, the disappearance of mass atrocities, and efforts to promote regional peace and community building. 

Global growth has been tepid since the global financial crisis broke out almost 10 years ago, having declined from an average of 4.5 percent during the five years preceding the crisis to 3.5 percent over the past five years. Both advanced economies a

By Jonathan Woetzel, Anu Madgavkar, Kweilin Ellingrud, Eric Labaye, Sandrine Devillard, Eric Kutcher, James Manyika, Richard Dobbs, and Mekala Krishnan A new McKinsey Global Institute report finds that $12 trillion could be added to global GDP by 202

Accompanied by the rise in per capita incomes and overall improvements in living standards, supermarkets are increasingly accounting for a growing share of grocery trade in many developing countries around the world. 

Banks have made dramatic changes to risk management in the past decade—and the pace of change shows no signs of slowing. Here are five initiatives to help them stay ahead.

Back around the turn of the century, the great industrial revolution changed the way we all look and live. We recall, in the old days in Sri Lanka, laundry operation was predominantly done in shops and separate areas by family members and thus, creat

A fate, ending in death, a rite of passage for the animal kingdom’s gentle giants – elephants. All for the callous want to harvest ivory.

Telling CEOs these days that leadership drives performance is a bit like saying that oxygen is necessary to breathe. 

Supervising Members of the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) have the ability to bring out the best in the trainees and make them inspirational leaders who possess the right attitude and balance to life, helping them enjo

International Monetary Fund (IMF) Managing Director Christine Lagarde warned that the global financial safety net — the international resources and institutions designated to fight economic crises and prevent contagion — has become too fr

The Ceylon Chamber of Commerce has consistently supported the expansion of Sri Lanka’s trade interests through signing mutually beneficial and well-designed trade agreements and this has been clearly articulated in its ‘10 Principles&rsqu

The Asian financial crisis of 1997–98 was a huge turning point in Asia. Asia’s confidence in the International Monetary Fund (IMF) and the US leadership to help through global institutions in a time of crisis was seriously shaken. The dis

Tea sector wage negotiations have been in deadlock now for 10 months. There are political reasons for this situation, but also an overarching economic one: global tea prices have declined – as it periodically happens – and the industry is

REUTERS: It doesn’t look like much, but a boxy wooden vintage Swedish footstool isn’t just a place to rest your weary feet after cross-country skiing. It is the latest competition to hedge funds or high end real estate. And that means it

Capital markets have the potential to be powerful engines of economic growth in developing nations. An efficient stock market provides the public with investment opportunities and mobilizes their savings for productive corporate financing. Yet, devel

By Shabiya Ali Ahlam In today’s world, almost all organisations are fraught with changes and challenges thanks to the ever changing global economic environment. The challenges include the constantly evolving technology and marketplaces, diversi

An open letter to the Minister of Finance and the Governor of the Central Bank; to be duly noted by the President, the Prime Minister, the government, commercial & financial services sectors and professional practitioners.  

Sri Lanka’s agricultural sector employs and sustains a majority of the population, and impinges on critical areas of poverty, food security and related social issues.   

Recently there were newspaper reports about the Wildlife Conservation Department publicizing seven iconic wild animals found in Sri Lanka as a way of promoting tourism. According to this idea, the top seven wild animal species in the list were:  

Just over a year after a new leader was elected and Sri Lanka’s business ties with China came under close scrutiny, Colombo is reversing course by resuming a stalled port project and naming Beijing as the front-runner for a new special economic

The factors driving migration are many; some migrate in search of better economic opportunities, whilst others are forced to migrate owing to conflicts, natural disasters, etc. In the case of Sri Lanka, temporary labour migration of workers in search

Taxes are the key source of government revenue. Normally, the tax share as a percentage of gross domestic product (GDP) is expected to increase as the per capita GDP rises. This Insight shows that in Sri Lanka, this is not the case; the country&rsquo

Many retail investors believe that market performance is shaped by the actions/omission of the stock exchange, regulator, investors and listed companies.

Asia’s food systems are under an unprecedented confluence of pressures. Balancing future food demand and supply in ways that protect the most vulnerable, while also being sustainable, must be a first order policy priority.

Sri Lanka’s attempts to deepen ties with other nations have often, if not always, created uproar across diverse groups of society. The latest example is the hue and cry made against the Economic and Technical Cooperation Agreement (ETCA) that i

Delivering the keynote at the 30th anniversary celebrations of the National Chamber of Exporters, MTI CEO Hilmy Cader assessed the contemporary issues related to exports in the international market place, ...