Analysis

Today’s CFO is the protector of tomorrow’s business resilience

By Sherman Gunatillake With market uncertainty and disruptions across different business verticals christened as the ‘New Normal’, the chief financial officer (CFO) of the modern-day has many elements to balance across the business. In such a context, strengthening business resilience is a crucial responsibility that a CFO has on his agenda. But has a CFO’s…

(0)Comments | May 6, 2021 6:25 pm

Assessing the critical habitats of sharks and rays around Jaffna

  By Daniel Fernando – Marine Biologist | Co-Founder of Blue Resources Trust     Sharks and rays (elasmobranchs) are a unique group of fishes with skeletons made of cartilage. They play an important role in the marine food web, with many found in the higher trophic levels helping to maintain natural balance. Most elasmobranchs…

(0)Comments | May 6, 2021 5:47 pm

A Citizen or Not: The Process and Concerns of Buying Property in Sri Lanka as an Expat

  With the recent changes in the law welcoming expat Sri Lankans to purchase property in the country, LankaPropertyWeb interviewed Attorney at Law Saminda Jayasekara regarding the feasibility of this option and the barriers to overcome in the process. As a local, there are no restrictions on purchasing property in the country. Whether it is…

(0)Comments | May 6, 2021 4:35 pm

One in two people globally lost income due to the pandemic – Gallup

The COVID-19 crisis has hit workers across the world, particularly women, who are over-represented in low-paid precarious sectors (Thomson Reuters Foundation) – One in two people worldwide saw their earnings drop due to the coronavirus, with people in low-income countries particularly hard hit by job losses or cuts to their working hours, research showed on…

(0)Comments | May 4, 2021 6:16 am

Business sentiment rose ahead of the festive season but may wane in its aftermath

Business Sentiment – The Unique Index Gains Ground Sri Lanka’s economy is expected to expand by 3.4 percent this year, according to the World Bank. In its report entitled ‘Sri Lanka Development Update,’ the funding agency says the country’s recovery is likely to hinge on foreign investments, as well as the normalisation of tourism and…

(0)Comments | May 4, 2021 5:59 am

Rejuvenating waste plastic bottles, a universal treasure

By Michael F. Perera   Valuable resources are extracted every day to develop convenient products such as bottles, containers and more. As the extraction of virgin resources rapidly depletes the availability of such, it is high time a sustainable alternative is fetched, to ensure longevity and liveability for future generations.   With the prices for…

(0)Comments | April 29, 2021 11:38 pm

Sri Lanka’s exports show remarkable rise despite pandemic situation across world – EDB Chairman

Sri Lanka’s Export Performance January – March 2021 Sri Lanka surpassed $ 1 billion exports in March 2021 after a lapse of six months period. As per the Customs statistics, earnings from merchandise exports recorded double digit growth of 62.47% in March 2021 on y-o-y comparison – the March figure being US$ 1,066.1 Mn. Earnings…

(0)Comments | April 29, 2021 12:24 pm

Over 30,000 people in Sri Lanka acquire digital skills during COVID-19

Microsoft and LinkedIn launch next stage to help job seekers and employers move to a skills-based economy ASIA PACIFIC, SRI LANKA — Microsoft has helped over 30 million people in 249 countries and territories gain access to digital skills, of which over 30,000 of them are from Sri Lanka. This tops its initial goal of…

(0)Comments | April 28, 2021 12:29 pm

Security and Stability along the Silk Road

The Silk Road Journal by Mahika Ming Any society in the world will be stable if its armed forces are strong to protect it. That will eventually result in social development and increased trade due to surplus production. The ancient Silk Road originally was the trade route which took external goods to Great China and…

(0)Comments | April 19, 2021 10:01 am

Nuclear Waste dumped in the Maritime Silk Road

The Silk Road Journal: By Mahika Ming The 2011 Fukushima nuclear accident which took place in Japan according to analysts has had a profound impact on the marine environment, food safety and human health of neighboring countries. Hiroshima and Nagasaki in Japan were the targets of the first recorded nuclear attack in 1945 when the…

(0)Comments | April 14, 2021 9:40 am