Sri Lanka’s ripped income tax net
Sri Lanka collects less tax than countries in sub-Saharan Africa. The problem is weak income tax compliance
Ashok Ferry
This Sri Lankan author finds literary inspiration in yellow rice and chicken curry
Digital disruption holding back large hotel chains despite tourism boom
Large listed hotel chains are investing in digital technology to counter disruption caused by online booking and review sites that have levelled the playing field for smaller hotels to thrive
Softlogic borrows for aggressive growth – Chairman Ashok Pathirage
The listed conglomerate reported fivefold revenue growth in five years, borrowing heavily to invest in businesses in retail, healthcare, financial services and leisure. Margins may be low but Pathirage believes the debt strategy allows the group to quickly seize opportunities in a transitioning economy aiming to be the top listed revenue maker a few years from now
Mydeal Makes The First-Follower Strategy Work
MyDeal isn’t doing anything new or different, but they are slow, steady, and focused on being the solid competitor for any ecommerce player
SAGT consistently exceeds capacity
The smallest among three container terminals in the Port of Colombo, listed John Keells controlled South Asia Gateway Terminals (SAGT) is losing traffic but consistently handles morecontainer boxes than it’s designed to handle
The Healthcare Balancing Act: How Durdans Is Working It
Durdans Healthcare Group Executive Chairman Ajith Tudawe opens up about providing affrdable, quality healthcare in an increasingly expensive and demanding environment
Booming Real Estate Market Scores Well On Transparency; Scale Its Biggest Barrier
Real estate firm Jones Lang LaSalle (JLL) for the first time included Sri Lanka in its global real estate transparency index
How A Young Insurance Upstart Makes Non-Life Work
The no-nonsense Allianz Insurance CEO dishes on her strategy to gain market share and keep their heads far above the choppy waters of the insurance industry
Is The Internet Reshaping Democracy?
Digital media has levelled the political playing field in more ways than one
What’s Your Baggage?
Good luggage is easy to transport, fit airline specifications, and is stylish and durable. Frequent air travellers will know what a difference this makes .