THE PRIVATE SECTOR
Compiled by Savithri Rodrigo BEYOND THE COMFORT ZONE Mahendra Amarasuriya emphasises the private sector’s role…
FINTECH SECTOR
Better client service, enhanced financial security, and more opportunities for individuals and businesses are among the fruits of fintech innovation
HEALTHCARE SECTOR
Increasing demand for private healthcare is driven by Sri Lanka’s ageing population and the rising incidence of noncommunicable diseases (NCDs), which
REAL ESTATE SECTOR
The aftershocks of the Easter Sunday attacks have impacted the sector as a whole. Sri Lanka has much to offer but due to inconsistent policy
MARKETING PROFESSION
In some countries, they’re quite advanced compared to the local context. In India for example, separate teams handle
TOURISM INDUSTRY
The people and communities of Sri Lanka, the country itself and everything it has to offer – from sandy beaches and wildlife
DATA ANALYSIS
The average Sri Lankan corporate is far from making effective use of the data that it collects. Companies especially in the financial services
CONSTRUCTION INDUSTRY
Our construction milieu was in bad shape even prior to the Easter Sunday attacks, which has placed not only the industry but the entire country in dire straits
SRI LANKANS OVERSEAS
Sri Lanka will always be bogged down by communal violence. Since I was old enough to understand this, it’s been the status quo. People who know Sri Lanka
FINANCIAL SERVICES INDUSTRY
Having enjoyed consistent year on year growth for almost a decade, the financial services industry slowed down considerably in 2018
CORPORATE SOCIAL RESPONSIBILITY
Historically, it was developed for organisations to do social good and improve societal conditions, while fulfilling the primary
LEGAL PROFESSION
The most evident change is the increased number of legal professionals. This is mainly due to greater access to legal education
PUBLIC RELATIONS
Integration and engagement with all stakeholders through the use of multiple platforms – i.e. social media, forums, partnerships
SRI LANKANS OVERSEAS
On the one hand, it is a country that despite all its difficulties maintains a growth rate of four to five percent, notable infrastructure improvements
TOURISM INDUSTRY
Sri Lanka has enjoyed steady growth in tourist arrivals since the end of the civil war. Today, tourism is recognised as an economic pillar.
INSURANCE SECTOR
Sri Lanka’s life insurance penetration in terms of gross written premium as a share of GDP is 0.54 percent
APPAREL INDUSTRY
Sri Lanka’s apparel industry has been a mainstay of the economy for many years, standing strong amidst various economic and political
CONSTRUCTION INDUSTRY
The industry is facing a downturn due to global and local factors. Construction exhibits cyclical behaviour generally, which would mean
FINANCE SECTOR
Not very good. Nonperforming loans (NPLs) are at one of the highest levels in history and most banking stocks are trading at their net
RETAIL SECTOR
I perceive huge potential for greater expansion of infrastructure in Sri Lanka across the spectrum including highways, bridges, major