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Friday, 18 Oct, 2019
In Philip K. Dick’s story “We Remember It For You Wholesale”, the protagonist, fantasising on and on about a trip to Mars, visits a corporation specialising in memory implants and tries to live through that fantasy. Unfortunately, as the technicians at that corporation (tellingly called Rekall) realise for themselves, the man has already paid a visit to that planet: he’s a secret agent and what’s worse, a secret agent on the run who’s unaware of his true identity. First written in 1966, just before Neil Armstrong walked on the moon, the story was a...
A larger-than-expected crowd turned up at Colombo’s Lakshman Kadirgamar Institute to listen to Sri Lanka’s star economist Dr Howard Nicholas deliver a lecture on “The Current State and Future Directions of the Global and Sri Lankan Economies”. The event, organised by ETIS Lanka, together with George Stuart Capital, Daily FT, and Hardtalk, on 11 July.
Record-breaking audiences listened to Dr Howard Nicholas’ seminar on “The Current State and Future Directions of the Global and Sri Lankan Economies” at the Lakshman Kadirgamar Institute in Colombo on 11 July, as well as to a subsequent lecture at the University of Colombo. His two-part presentation dealt firstly with the trends in the global economy Dr Nicholas has had a long and distinguished teaching career, teaching business economics and financial markets in academic institutions in various countries – including most recently China and Vietnam. He is invited regularly to give lectures on the...
Tourism is a relatively sensitive industry, more easily affected than others by the vagaries of climate and world economy. It is particularly vulnerable to acts of war and to natural disasters. So, while the Easter Sunday terror attacks of 21 April left all industries and businesses reeling, the tourist trade was among the worst affected. Profit and job losses of unprecedented magnitude were feared. Tourist arrivals plunged in April and May. In the light of the worrying news, OSL – THE Investment Magazine spoke to Kishu Gomes, the chairman of Sri Lanka Tourism Promotion...
We spend more time working than doing anything else, and researchers have found that, on average, this results in the least happy hours of our lives. In knowledge-based industries, the stress in working life accounts for a hefty part of work-place absences and huge losses in productivity.
The recent heat wave in the Northern Hemisphere has brought a foretaste of what global warming – the ongoing long-term increase in the Earth’s average temperature, an aspect of climate change – can be like in future.
A recent study by the Union of Concerned Scientists, using 18 climate models to predict changes in heat and humidity across the contiguous USA, found that it will face a substantial rise in the number of extremely hot days. Even if something is done to reduce greenhouse gas emissions (blamed for climate change) this will occur, but...
India’s Prime Minister, Narendra Modi, who came to power with great fanfare in May 2014, appears to have little to trumpet now, three months to the next parliamentary elections. With his achievements falling woefully short of the grandiose promises he made, Modi’s Bharatiya Janata Party (BJP) is facing the prospect of a hung parliament or even a defeat in the May 2019 elections – a far cry from the steam roller majority it got, a little less than five years ago.
At a presentation ceremony held on 24 January, Shani Calyanaratne Karunaratne, Deputy Ambassador for Sri Lanka in Beijing, received the prestigious title of “Silk Road Super Ambassador” in honour of her outstanding contribution to the Belt and Road Initiative (BRI). The envoys of four other countries also received this honour.
Karunaratne pointed out that the award not merely honoured herself, but also emphasised the special relationship that exists between China and Sri Lanka. Although they only established official diplomatic relations 62 years ago, friendly ties between New China and Ceylon (as it then was) began with...
Sri Lanka is facing a peculiar challenge. While educational and legal frameworks, on the one hand, and social, cultural, and political factors accompanying the rise of Generation Z (those born after 1996) have facilitated the growth of a viable IT sector in the country, even to the extent of being congratulated and acclaimed as one of the top tech destinations in the world – as the Daily FT reported last June 2018 – a gap remains between the skills of students and IT professionals, and the level of applicability of those skills. In a context where there...
When the Ceylon Steel Corporation steel rolling mill went into production in 1967- the first modern steel factory in the country- it revived a tradition of high-technology steel metallurgy which had died out a thousand years before.
It also began a process of innovation. At a time when plain steel reinforcing bars (re-bars) dominated the construction industry, the Soviet-built mill eventually produced twisted ribbed steel rods, which eventually took over the market.
Primary Industries and Social Empowerment Minister Daya Gamage formally launched the GSRS website at the Hotel Marino Beach on 1 February. At a media briefing following the launch, the minister stressed the significance of the event to the stakeholders and its timeliness and importance to the country. He re-iterated his fullest support and offered his blessings to the GSRS Secretariat to manage the event and conduct it to global victory.
Deshabandu Dr. Publis Silva, the renowned chef of more than 60 years’ experience, and expert in traditional Sri Lankan cuisine, underscored the importance of spices in maintaining the health...
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OSL THE Investment Magazine is a new monthly business magazine with a difference: it is intended to promote Sri Lanka as an investment destination and to bring investment opportunities to the notice of potential investors.
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