The Beijing Swift – By Prof. Samitha Hettige © Only when the years grows cold do we see that the pine and cypress are the last to fade; only when we get into trouble do we know who our genuine friends are – Chinese Proverb. A high-level delegation headed by Chinese Communist Party-Political Bureau member…
Driven by the objective of providing an in-depth analysis of the compensation and salary related trends and insights of the Sri Lankan IT and BPM sector, the Sri Lanka Association for Software and Services Companies (SLASSCOM) recently launched its Compensation and Benefits Survey for the year 2020, in partnership with PwC Sri Lanka. Positioned and…
Post COVID-19 lockdown and a Post General Election 2020, most of Sri Lankans never thought or hardly imagined of a resurgence of the worst global pandemic in 21st century so far that has shaken the economies around the world. However it is now a reality that we have to accept that our nation is fighting…
An Agreement on Economic and Technical Cooperation between the Government of the People’s Republic of China and the Government of Democratic Socialist Republic of Sri Lanka, providing 600 million RMB yuan (LKR 16.5 billion/USD 90 million) in grant assistance, was signed by Wang Xiaotao, Chairman of China International Development Cooperation Agency (CIDCA) and S.R. Attygalle,…
Sri Lankan apparel manufacturer Brandix issuing another statement today (11) stated that they confirm with proof that all stipulated protocol was followed concerning Brandix employees and their families returning to Sri Lanka from India. The full statement issued by the company as follows: Brandix stands firm that it followed all quarantine protocols Certifications from authorities confirming adherence…
By: Ayoma Sumanasiri (PhD) During the COVID 19 pandemic, corporations across the world stopped a while to rethink how sustainable their behaviours were towards the ESG (Environment, Society and Governance). Before the pandemic, corporations around the world were blowing their own trumpets and vaunting their sustainability initiatives by publishing information on their sustainability performances on…
According to the latest external trade data released by the Central Bank, country’s trade deficit narrowed in August 2020, as import prices declined at a faster pace than the decline in export prices. Sri Lanka’s external sector continued to recover in relation to many aspects during August 2020, mainly supported by an improved trade deficit…
Investors must not to react impulsively to news of the emergence of the new COVID-19 cluster in Sri Lanka. In a special report, leading stockbroking firm, Asia Securities (Pvt) Ltd., explores the impact of COVID-19 resurgence in several regional emerging economies as well as developed economies, notes that equity markets have remained stable through second…
Industries Minister Wimal Weerawansa yesterday (08) encouraged Japanese investors to invest in Sri Lanka’s agro-based industries in order to develop the sector. The call was made when he received Akira Sugiyama, Ambassador of Japan to Sri Lanka at the Ministry yesterday (08). During the meeting, the Ambassador assured that Japan will continue to support Sri…
Annual General Meetings (AGMs) provide one of the few opportunities shareholders have to question the board, engage directly with management, and hear the views of other shareholders. However, the outbreak of the Coronavirus is causing companies to rethink their arrangements for 2020 AGMs in light of potential bans on large gatherings, travel restrictions and the…
Video Story
