manusath-derana

Analysis

More women executives mean more profits: study

Companies with 30 per cent female executives rake in as much as six percentage points more in profits, according to a study, feeding into a global debate over the scarcity of women in decision-making business roles. The conclusion stems from a study of about 22,000 publicly-traded companies in 91 countries ranging from Mexico to Norway…

(0)Comments | February 11, 2016 9:18 am

How is sustainable development significant to Sri Lanka?

New research reveals 79 percent of real estate agents surveyed in Sri Lanka believe interest in green buildings increased between 2014 and 2015. This is according to the recently-released Lamudi Real Estate Market Report, which shares insight into sustainability in Sri Lanka. One survey conducted by Lamudi Sri Lanka showed over 64 percent of respondents…

(0)Comments | February 3, 2016 11:54 am

Sri Lankans Forecast Positive Growth Of Local Real Estate Market

Global property portal releases new research on local property industry A new survey has revealed 41 percent of Sri Lankans believe demand for houses will increase in the next 12 months. According to a newly-released report from Lamudi Sri Lanka, over 50 percent of respondents expect demand for both affordable and luxury apartments to grow…

(0)Comments | January 26, 2016 1:55 pm

Maruti registrations skids by 31% in Sri Lanka

Registrations of Maruti model motorcars have reportedly dropped by 31 per cent in Sri Lanka during December 2015. While 5,631 Maruti motorcars had been registered in Sri Lanka during November 2015, this number has dropped to 3,882 in December. The highest number of Maruti registration has been during the month of September in 2015 with…

(0)Comments | January 25, 2016 1:39 pm

Sri Lankan Seafarers – the opportune moment

Professor (Capt.) Nalaka Jayakody continuous to urge authorities, government and the people of Sri Lanka to tap into the enormous opportunities of seafaring by investing, collaborating and promoting the profession both locally and globally. With the country being strategically positioned and blessed in abundance of resources with access to affordable first-class maritime training, Sri Lanka…

(0)Comments | January 20, 2016 2:51 pm

What will 2016 bring for real estate in the emerging markets?

As the New Year begins, the big question on all real estate professionals’ lips is: what will 2016 hold? Migration away from capital cities, infrastructure improvements and increased international interest from investors are just some of the expected developments for real estate markets within emerging nations, including Sri Lanka. 1. App focus Mobile is driving…

(0)Comments | January 5, 2016 9:18 pm

Will depreciation of Rupee offset Sri Lanka’s advantage on falling oil prices?

The world market prices of oil is rapidly falling with a barrel of WTI crude recording a low of USD 35.62 and a barrel of  Brent crude recording USD 37.93. This has been the lowest prices to be recorded since 2003. This is the first time since 2003 that the world market price of a…

(0)Comments | December 14, 2015 1:18 pm

Fitch: Sri Lanka Alcoholic Beverage Demand Sustainable Despite Higher Prices

Makers of alcoholic beverages in Sri Lanka will be able to pass on back to back increases in excise duties to consumers without worrying about them shifting to the more affordable illicit market, Fitch Ratings says in a new report. Rising disposable income will absorb the higher duties, and Fitch believes the inelastic demand and…

(0)Comments | December 9, 2015 11:21 am

Capitalizing on the Maritime Silk Road Initiative to Achieve Win – Win – Win Situation

By Sarah Hettiaratchi, Project Executive – Pathfinder Foundation The Maritime Silk Road (MSR) and Economic Belt policy initiatives unveiled by President Xi Jinping in 2013 were identified as significant elements of an overall Chinese attempt to leverage China’s growing economic power and influence along its geographic boundaries. The objectives of this enormous development initiative is…

(0)Comments | December 4, 2015 9:48 am

Fitch: Government Policy to Slow Sales of Small Cars in Sri Lanka

Fitch Ratings expects growth in sales of automobiles, mostly small cars, in Sri Lanka to slow in 2016 due to higher taxes and a weaker currency, which will increase prices of vehicles in the local currency. Tighter regulation on vehicle loans will also impact affordability for buyers. Registrations of new vehicles increased 375% in the…

(0)Comments | November 27, 2015 11:09 am