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Sun, 24 Nov 2024 Today's Paper
The fallout from the recent spate of suicide bombings in Sri Lanka highlights the tension between religious freedom as a fundamental human right and national-security concerns. The country’s ban on face coverings — which admittedly impinges on re
The Easter day bombings in Sri Lanka created a sense of deep fear among the citizens; it still prevails even one month after the incidents. Even in the business sector, these acts of terror have served to create uncertainty within the marketplace. Mo
Sri Lanka’s economy is not growing as fast as its potential would suggest. The final data on the country’s economic performance has not yet been collated, all forecasts point to a GDP growth rate of approximately 3.6 percent in 2018. While this i
With Chinese Vice Premier Liu He scheduled to arrive in Washington late last week, hopes and expectations were rising that the US and China were on the verge of successfully concluding a trade agreement that would cool trade tensions and restore some
Sri Lanka has had a turbulent history in recent centuries, especially over the last few decades. This has often been linked to rivalries between communities perceived to be different by either or both religion and ethnicity.
Cinnamon is the leading spice commodity of Sri Lanka. It contributed to approximately 54 percent of total spice exports and accounted for 8 percent of total agriculture exports in terms of values, in 2017. During the last decade, Sri Lanka has domina
It is in the public domain for quite some time that the government of the day has not given priority to the most important ‘national security’ concerns and it did not figure high on the governance agenda since January 2015. Archbishop of Colombo
By the time of 4/21 events, Sri Lanka’s fashion industry was about to undergo a paradigm shift. Normalcy and the growth economy that prevailed in the decade long post-conflict period have worked well for this crucial niche industry segment. Colombo
With President Trump threatening additional tariffs, the tit-for-tat tariffs already in place are complicating business decisions and causing long-term damage for soybean farmers, warns Stephen Olson.
Fortinet, a global leader in broad, integrated and automated cybersecurity solutions, recently announced it continues to lead the way on training and education in the company’s ongoing efforts to close the cyber security skill gap by rolling out ev
Tourism is one of the fastest growing industries in the world and Asia is one of the hottest destinations. Though it generates sizable economic effects, there is a growing recognition that tourism is a double-edged sword. For example, large numbers o
(Launceston, Australia) REUTERS: China’s ambitious Belt and Road Initiative (BRI) is one of those vast programmes that should be positive for global commodities, but finding any concrete proof of increased demand is proving far more elusive.
On Easter Sunday 2019, Islamist suicide bombers targeted three Christian churches and three hotels in Sri Lanka, killing over 250 people. The so-called Islamic State (IS) claimed responsibility but two little-known local groups, called the Jammiyathu
Terrorism is not an obvious subject for economic analysis. The greatest cost comes in the form of lives lost and injured. However, terror attacks also aim to disrupt economic life and how far they succeed needs to be assessed and evaluated.
On Easter Sunday, my wife and I attended the Easter Sunday Mass at 6:30 a.m. at All Saints Church, Colombo 8, then visited Cinnamon Grand, returned home by around 9:15 a.m. only to hear the reports of explosions in three churches in Negombo, Battical
The recent power crisis we encountered should not be a surprise to anyone as it was waiting to happen and of our own creation.
This marks the fourth in a series of articles that analyse the economic aspects of the Presidential Election 2020.
The Autonomous Database, the newest offering in Oracle’s product portfolio, is said to be showing tremendous growth in ASEAN and SAGE regions, according to the cloud company’s top management.
Sri Lanka emerged as a potential hot-spot for investments after the end of civil conflict in 2009.
A year ago, economic activity was accelerating in almost all regions of the world. One year later, much has changed. The escalation of US–China trade tensions, needed credit tightening in China, macroeconomic stress in Argentina and Turkey, disrupt
When I first joined a banking institute, couple of decades ago life was very much less complicated. Despite the load of responsibilities, we enjoyed the freedom as my workplace had a human face with connections at its heart.
Traffic is a much talked of subject in Colombo with inescapable congestion causing slower speeds, longer trip times and increased vehicular queuing.
Bilateral trade balances (the difference in the value of exports and imports between two countries) have come under scrutiny recently. Some policymakers are concerned that their large and rising size are the result of uneven measures that distort int
Prime Minister Ranil Wickremesinghe and business tycoon Dammika Perera gave their perspectives at the packed Fireside, organised by the Daily FT, International Chamber of Commerce Sri Lanka and CIMA, at The Hilton Colombo, recently, saying Sri Lanka
‘Mirror Business S&P SL20 Insights’ is conducted in collaboration with the Colombo Stock Exchange (CSE) as an investor relations initiative. The column encourages S&P SL20 companies to bring attention to the developments in the industry, company
Sri Lanka is widely recognised for its rapid development progress—as shown by various development indicators—but underperformance on growth. The country’s growth slowed to 3.2 percent in 2018.
The United Kingdom is one of the major trading partners of Sri Lanka, amounting to over 10 percent of the total annual trade. The trade between the two countries has been on the upsurge for the last 18 years. In this context, the GSP Plus scheme und
Sri Lanka’s move in February 2019 to bring back capital punishment for convicted drug offenders has put a spotlight on the growth of narcotics-related crime in the country. The government’s apparent tough stance is in response to concerns that Sr
In recent years, with the continuous improvement of the economic and trade cooperation between China and Sri Lanka, Chinese enterprises have made leaps and bounds in their investment in Sri Lanka and signed contracts to invest in large-scale projects
Youth constitute 16 percent of the world’s population and these numbers are projected to increase to 17 percent by 2030. In addition, young people today are connected to each other like never before and are a core demographic in the using and build
24 Nov 2024 25 minute ago
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