Financial technology (FinTech or fintech) is the new technology and innovation that aims to compete with traditional financial methods in the delivery of financial services. FinTech is a new industry that uses technology to improve activities in finance. The use of smartphones for mobile banking, investing services and cryptocurrency are examples of technologies aiming to make financial services more accessible ...
The New Look - Cargills Food City Re-branded StoresArticle Written by Ruchi Gunewardene and Aliakber Alihussain of Brand Finance Lanka and published on Daily FT. Link to Original Article : here EDITED FOR CLARITY Sri Lanka's brick and mortar retail business is at a point of take-off as Fitch rating expects Sri Lanka’s grocery retail to grow in the middle ...
1. Online shopping is moving to mobileThe UK is the biggest online shopping market in Europe and is third in the world, after South Korea and Japan, based on the proportion of all transactions. In the UK, 6.9 percent of all retail sales take place online and the proportion continues to increase.The growth of voice-activated tools such as Amazon’s Alexa ...
Brandz Global Report 2018 on most valuable brands is compiled by the marketing firm Millward Brown. It holds data from over 650,000 consumers and professionals across 31 countries, comparing over 23,000 brands. The database is used to estimate brand valuations, and each year since 2006, has been used to generate a list of the top 100 global brands.What are Brand ...
BY DINESH WEERAKKODY - FT.LK GUEST COLUMNCan HR influence a company’s direction and contribute to corporate success? A 2015 study commissioned by the ILO in Sri Lanka on ‘Operationalising Human Resource Development Practices in the Public Service,’ highlighted the need for modernisation of human resource practices in the Sri Lankan public sector, in line with Malaysia and South Korea.Today, in ...
Image Copyright : ft.lkIT industry leader, founder and CEO of 99X Technologies and former SLASSCOM Chairman Mano Sekaram, addressing the ‘Intellectually Inspired Sri Lanka 2030’forum recently, called on professionals and entrepreneurs to take the lead.“To me just one thing makes a difference… Ideas are cheap, execution is everything. Thomas Edison said Genius is 1% inspiration and 99% perspiration.” He said ...
Toshiba of Japan, one of the giants of the Japanese PC industry decided to quit by selling a 80% stake of its PC division to Sharp of Japan. Japan based Sharp itself was a former consumer electronics giant that fell on hard times after Chinese and Korean assault on the consumer electronic industry.There was a time when Japanese electronics companies ...
Before AI robots exterminate us, they are plotting take over our jobs. All sorts of AI technology is being tested these days. Driver-less cars, AI piloted drones and other weapons, Fire and rescue, surgery, disease diagnosis are just a few of them. In the near future, most banking, finance, insurance and customer service jobs will disappear as human sounding robots ...
A bachelor’s degree in Human Resources Management is highly sought after by today’s school leavers. There are many who prefer to take up HRM as their undergraduate study option. Even though the degree is popular, there seems to be some concern among the undergraduates about career opportunities available for HR specialists upon graduation. The biggest concern seems to be; “Can ...
The age old wisdom says that more holidays means workers are less productive and work does not get done. Sri Lanka is, according to some, the land of holidays. Corporate leaders in Sri Lanka often lament that the sheer number of holidays makes productivity gains really difficult. They regularly compare Sri Lanka with less public holiday countries like the United ...
When you are looking for a job, as a fresh graduate without much experience, it is important for your to make sure that your CV / Resume stand out. In order to do this, you must focus on a number of areas;1. Make sure that your CV / Resume is readable and has only relevant information for the job you ...
Last September (2017), market research group Kantar LMRB unveiled the latest Top Ten FMCG Brands for the Sri Lankan market. According to Kantar LMRB Chief Executive Himalee Madurasinghe, the findings summarized 1.4 billion shopper decisions from 5 million households and included 400 brands. The results were not surprising at all. Most of the top ten brands (a whopping 7 out ...
You cannot talk about the history of the automobile without referring to Ford Motor Company and its legendary founder Henry Ford. Started in 1903, Ford Motor Company created a revolution in automobile manufacturing. Looking for ways to speed up manufacturing and lower costs of vehicles, Henry Ford employed an industrial engineer by the name of Frederick Taylor. Taylor, recognized today ...
Data from TRC and other sourcesAccording to a press release published on the Hong Kong based CK Hutchison corporate website, CK Hutchison Holdings and UAE based Etisalat Telecommunications have reached an agreement to combine their celluar telephony operations in Sri Lanka. According to the information provided, Hutch will have a bigger stake and as such will be in control of ...
Hemas Holdings PLCHemas Group is a 63 year of corporate giant founded in 1948 by Sheikh Hasannally Esufally as Hemas (Drugs) Ltd. From this humble beginnings, Hemas has grown into a 37 billion rupee corporate empire with interests in pharmaceutical manufacturing and retail, hospitals, leisure, travel, transport and logistics and has a large FMCG operation. According to the CEOs report, ...
Each year roughly 60,000 ships vital to the global economy sail through the Indian Ocean past a Chinese-operated port on the southern tip of Sri Lanka. Almost none of them stop to unload cargo. The eight-year-old Hambantota port with almost no container traffic has become a prime example of what can go wrong for countries involved in President Xi Jinping’s ...
Horizon Campus, Faculty of Management students at their internship evaluation interview with the Chairman, Horizon Group, Mr. Upul DaranagamaIf you want to win at a job interview, it's important to consider how you carry yourself or how you present yourself. Apart from proper business attire, your body language is just as important , says hiring managers."You have to be conscious ...
Ken Balendra is a giant in Sri Lanka's corporate world. He is one of the greatest among the corporate greats in this country. Even though he retired gracefully from the corporate arena after an illustrious career spanning decades, he is still actively serving his country. As a truly international Sri Lankan who has been invited to join the corporate boards ...
MarketingMarketing has become a major discipline over the course of the last few decades. There was a time when marketing was simpler with print/TV/radio advertising taking the centre stage and various promos and offers taking below the line route, trying to beat a pathway to the wallets of the consumer. A little bit of Public Relations here, a good ...
![SHIPPING : Hambanthota Port - China's $1 Billion while elephant?? [from Bloomberg]](https://kottu.org/img/?q=85&src=https://1.bp.blogspot.com/-Uw4CX6TtpbA/Wt2d1sARf7I/AAAAAAAAOaI/7aRryNsVT0A0IBmMy0WJbjN7MOJvKwjxQCLcBGAs/s640/2.png)
