Analysis

NDB records highest ever Profit After Tax of LKR 2.3 billion for the first half of 2017

· PBT records 70% YOY growth to reach LKR 3.8 bn · Sound Balance Sheet expansion with 11% growth in advances and 17% growth in deposits in 6 months · NPLS further improves to 2.2% · Bolsters the results achieved in Q1 2017 with a sustainable growth momentum National Development Bank PLC (NDB) concluded the…

(0)Comments | July 26, 2017 11:41 am

Building the case for aggressive investment in Sri Lanka’s increasingly iconic real-estate sector

By Rohan Parikh – Managing Director, Iconic Developments (Pvt.) Ltd: Having gathered extensive expertise designing and executing internationally renowned real-estate projects across Asia and the Middle-East, we have learned through experience that the truth on the ground can often get distorted when viewed through the kaleidoscopic lenses of political, economic and social commentary that often…

(0)Comments | July 17, 2017 8:18 pm

Application Support: Embracing Taboo

By Misnad Haque: Utter the words, “Application Support” and you will be met with a variety of reactions. To some, it merely translates into extended work hours. Another popular reaction is that of condescension, where the word “support” implies “assistance”, hence an Application Support Engineer would qualify as an Assistant to the more proficient “Developer”….

(0)Comments | July 17, 2017 7:59 pm

Perceived Economic Opportunity PEO: April, 2017

Expectation On Ability To Save And Business Performance Increses Despite The Downward Trend Of Expectation For Reduction Of Corruption Status Of Job Prospects Or Business Performance Analysis of the perceived economic opportunities in the month of April 2017 indicates that the expectations in terms of job prospects of people or developing the status of their…

(0)Comments | July 4, 2017 1:56 pm

Becoming a Smarter Manufacturer: How IoT Revolutionizes the Factory

By – Ashish Pujari General Manager and Vice President, IoT & Digital Supply Chain, SAP Asia Pacific & Japan   I recently asked a 16 year-old what the Internet of Things (IoT) meant to him, and he said “IoT means being able to text your toaster!” While IoT may seem relegated to the realm of…

(0)Comments | June 29, 2017 12:20 pm

JLL Sri Lanka Launches New Report on Real Estate

Comprehensive insights indicate increasing role of Realty in the Sri Lankan growth story Key Findings: Sri Lanka debut ranking of 69 on JLL’s Global Real Estate Transparency Index Colombo office market comprises nearly 1 million square feet of Grade A stock at 95% occupancy Increased demand for residential property from wealthy and middle classes. Growing…

(0)Comments | June 14, 2017 5:21 pm

Rise Of Inflation And Other Negative Factors Has Decreses The Economic Expectation

Perceived Economic Opportunity PEO: March, 2017   This brief report of the Perceived Economic Opportunity (PEO) presents the analysis of a random survey carried out using a sample of 400 men and women in March 2017 covering all districts in Sri Lanka on their expectations of economic prospects in the ensuing twelve months.   STATUS…

(0)Comments | June 5, 2017 3:00 pm

The Dangers of Pirated Software

By Shafraz Farook Never has there been a greater time to be a pirate. Not since the days of “Black Sam” Bellamy has it been so lucrative either. The need to pillage and plunder, though, has shifted from the Caribbean Sea to the Internet. Gold coins and fine rum have given way to software discs…

(0)Comments | May 29, 2017 10:36 am

Expectation On Ability To Save Decreses With Rise Of Inflation

Upward Trend In Expectation For Reduction Of Corruption    Perceived Economic Opportunity PEO: February, 2017   This brief report of the Perceived Economic Opportunity (PEO) presents the analysis of a random survey carried out using a sample of 400 men and women in February 2017 covering all districts in Sri Lanka on their expectations of…

(0)Comments | April 28, 2017 10:09 am

Paramount Identifies The Living Trends Of Millennials

The millennial generation, or Gen Y, is considered to be anyone born between 1980 and the late 90s. The bulk of this generation has graduated college/university. They have jobs, and are looking to live independently. Looking at household living patterns across the globe it is evident that Millennials prefer vertical living options for a number…

(0)Comments | April 25, 2017 1:24 pm