Sri Lanka’s leading manufacturer of corrugated cartons, Ex-Pack Corrugated Cartons Limited, is also an industry leader in the sphere of corporate social responsibility. Looking to learn more, as the company prepares to go public, through an IPO and listing on the Colombo Stock Exchange, we spoke to Azhar Sheriff, Head of Sustainability at Ex-Pack, as…
By Dr. Roshan Rajadurai Sri Lanka is a humid tropical country with a two main monsoon seasons endowed with well distributed year-round rainfall. Tea is the only major perennial commercial economic crop grown widely in all three elevations and rainfall zones and in 14 Districts under varying temperature, rainfall, elevation, topography and terrain. It provides…
By Viraj Dayaratne PC Chairman – Securities and Exchange Commission of Sri Lanka The new Securities and Exchange Commission Act No. 19 of 2021 (‘the Act’) has been certified by the Speaker on 21st September 2021 and has thus become law. It repeals and replaces the Securities and Exchange Commission Act No. 36 of 1987. The Act…
The Pandora Papers is a leak of almost 12 million documents that reveals hidden wealth, tax avoidance and, in some cases, money laundering by some of the world’s rich and powerful. BBC – More than 600 journalists in 117 countries have been trawling through the files from 14 sources for months, finding stories that are…
Sentiment in corporate circles improves despite persistent economic challenges In addition to the resurgence of COVID-19 cases that warranted a nationwide lockdown not long ago, Sri Lanka has continued to face economic challenges, chief among them being the foreign exchange crisis. While the country’s forex reserves increased at the end of August – courtesy the…
The Silk Road Journal by Mahika Ming The ancient Silk Road is few thousand years old. The modern Silk Road is the Belt and Road Initiative (BRI). Northwest China was the place where the ancient Silk Road met China. Traders on foot & on Camels travelling to and from China travelled thousands of miles through…
By Jared Spataro, CVP for Modern Work Satya Nadella and Ryan Roslansky, the CEO of LinkedIn, recently sat down to talk about the key secular trends they’re seeing as people and organizations everywhere adjust to hybrid work. Their conversation is part of an effort between Microsoft and LinkedIn to help leaders and their teams navigate…
Sri Lanka’s merchandise export sector has shown a notable improvement in 2021 compared to the pandemic-affected 2020. As per the latest Customs data, export earnings have averaged US dollars 985 million during the eight months ending August 2021 compared to a monthly average of US dollars 837 million in 2020, while the average earnings have…
By Sunil Sharma Adversaries are getting more impactful and dangerous with each passing day. They learn from each other, exchange tools and knowledge and work like a community to launch sophisticated cyberattacks. Unfortunately, there are now many ways to gain an entry into an organization’s network and adversaries know all of them. If one approach…
Sri Lanka’s merchandize exports in August 2021 recorded an increase of 14.4 % to US$ 1,083.56 Mn as compared to US$ 947.2 Mn recorded in August 2020 as per the data released by the Sri Lanka Customs. Export Development Board (EDB) Chairman, Suresh de Mel, commended the exporters and said it is remarkable to see…
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