By Forbes and Walker Tea Brokers Overview 2020 will no doubt go down in history as one of the most challenging years with the Covid-19 pandemic changing the world in many ways. The Sri Lankan tea industry was no exception as its world-famous outcry system of auctioning tea having a 137-year-old history was changed to…
Business sentiment continues its downward trajectory as the year draws to a close Following a gruelling nine months for business in general and tourism in particular, the authorities finally announced that Sri Lanka would resume selected international flights beginning from 26 December with a blueprint also being drawn up to revive the hard hit tourism…
“The Beijing Swift” – By Prof. Samitha Hettige Indonesia is the world’s most populated Islamic nation. It has approx. 14,000 small islands in its territory. 700 years ago, Chinese Admiral Zheng He stopped over in Java, Indonesia many times during his famous voyages. The ancient Silk Road contributed to economic development of the main islands…
Uber Eats is now a household name, with most of us having ordered our favourite food through the platform at some point. As the app completes two years in Sri Lanka, Ada Derana Biz caught up with Bhavna Dadlani, Lead, Uber Eats Sri Lanka to discuss the journey, the learnings, and the organisation’s future plans….
By Imesha Dissanayake The sandbox concept evolved from the children’s learning game, vindicating the old “test and learn” approach to foster innovation. According to the UK Financial Conduct Authority (FCA), sandboxes are a safe space in which individuals can test innovative products, services, business models, and delivery mechanisms in a controlled environment. There are many…
“The Beijing Swift” – By Prof. Samitha Hettige The International Criminal Court (ICC) recently refused to investigate the Peoples Republic of China (PRC) for alleged genocide and crimes against the Uygurs community in the Xinjiang region. The PRC is a permanent member of the UN and is not a signatory to ICC. The USA which…
“The Beijing Swift” – By Prof. Samitha Hettige © It was reported that a responsible citizen during a discussion on the budget has warned people to be careful of Sinhala politicians who create conflicts and fractions among different ethnic groups. It will be more valid if all extremist politicians from all ethnic groups are added…
LONDON (Reuters) – U.S. investment bank Morgan Stanley said on Monday it was taking “a few chips off the table” after a thundering rally in emerging markets over the last month. The bank said it was sticking to its core view that developing economy currencies and select countries’ bonds would continue to climb, but was…
“The Beijing Swift” By Prof. Samitha Hettige © In mid-November the Chinese leader chaired a conference focused on the path of socialist rule of law with Chinese characteristics and it is reported to be the first such held after him assuming office. According to Chinese sources, the President has proposed key approaches to strengthen the…
Business sentiment nosedives as COVID-19 takes its toll on the state of the state While all eyes may have been on a presidential election in a land hundreds of thousands of miles away, closer to home, the situation appears to have become graver by the minute with a new set of coronavirus clusters taking a…
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