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…
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…
FireEye, a globally renowned, U.S.-based cyber security company last week engaged senior officials from Sri Lankan businesses about the risks of advanced cyber attacks and how organizations can defend themselves. The three-member FireEye delegation, including Technical Director Steve Ledzian, Regional Sales Director for Vietnam, Indonesia and New Markets Terrance Maximus Tangit and Regional Channel Manager…
They will save millions of lives and are a matter of when, not if, according to the man behind the driverless car brain that could lead the automotive market as soon as 2030. Dave Ferguson, 35, supervises the development of the computer brain controlling Google’s driverless car — currently being made by a team of…
Sri Lanka’s pioneering online vehicle retailer, Carmudi.lk, released a ground-breaking new research white paper detailing the recent performance of the Sri Lankan automotive industry and an in-depth analysis into key trends in vehicle financing. Analyzing a vast amount of historical data, the newly released Carmudi.lk whitepaper, titled Car Financing in Sri Lanka, offers up valuable…
According to the Sri Lanka Association of Software Service Companies (SLASSCOM) the vision for Sri Lanka’s IT services sector is to facilitate 1000 startups by 2022, a reasonable goal in an industry that, according to the Sri Lankan IT/BPM Review 2014, has seen exponential growth in workforce (123%) and revenue (238%) since 2007. However, if…
* By Indika De Zoysa When it comes to business, we’re often reminded that there is no one-size fits all strategy to success. That is to say, just because a certain approach worked well in Europe or the Americas it doesn’t guarantee success here in Asia. For instance, if you’re running a social media engagement…
* Life COO, Chula Hettiarachchi elaborates on digital strategy for life insurance Boosted by a high standard of customer service and retention, operational efficiency and technological innovation, Asian Alliance Life Insurance has been experiencing strong growth, far above the industry norm. Rising up to the challenge of ensuring that high customer service standards are…
By Sarah Hettiaratchi, Project Executive – Pathfinder Foundation The new government, elected to govern the country for the next five years, has vowed to implement its flagship Megapolis project which was included in its election manifesto. It was reported that the conceptual plan was initially mooted in 1991 by the then young Sri Lankan Minister…
SriLankan Airlines and Mihin Lanka are reported to be preparing to put forward their latest business plans. The Mid-Year Fiscal Position Report 2015 released by the Finance Ministry reveals that the government has decided to prepare comprehensive business plans for SriLankan Airlines and Mihin Lanka and that these two airlines would be amalgamated in the…
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