Sri Lanka is not the incident, it is the outcome of the poor debt management for the said government along the years and accumulated and accelerated by the COVID-19 pandemic and Russia-Ukraine conflict. If you read carefully, it is the first domino to fall, and we can expect to see the rest most likely join
More than a hundred days have passed since Russia’s invasion of Ukraine, and we have a World Bank warning for the global recessions. Countries around the world are facing “major recession” on one end, and “Stagflation” on another, which refer to the high inflation but low growth or not growth at all. It is not
The World Economic Forum publishes a yearly Global Competitiveness Report (GCR), and uses it to rank countries based on the Global Competitiveness Index. It has a range of competitiveness, and the factor variable in consideration is different. Some countries compete based on their factor endowments, primarily unskilled labor and natural resources. Companies compete on the
From food crisis to export ban in next normal until further notice is read from news from countries here and there. Some are export ban palm oils, wheat, chickens, the list goes on. The pressure and impact of war accelerate the global food crisis. The world bank warned of world record rises in food prices,
If you observe the global news, beside the COVID-19 pandemic and related recovery and reset, Russia-Ukraine conflict, US-China trade war, then restructuring in the various form if you read in the theme, you will notice for the past 2 years alone, has most of the capital intensive business happen here and there. Whether restructuring by
With the recent round of stock market value fall, Netflix reported a decline in streaming subscription members, it makes everyone wonder whether The age of Netflix and effect is gone? The company well known for providing good entertaining content is facing decline in subscribers, in current market competition. More and more global companies are entering
Improving project development and delivery in Project Economy is one of the key result areas (KRA) every enterprise regardless of size is concerned on. As it is the enterprise project capability that matters the most from now to future to differentiate among the peers. Enterprise with project capability is good and multiple time productivity in
The US continues to demonstrate technology monopoly power by restricting trade, it is nothing new. From the past, we saw how it can ruin a successful business empire. You need to follow the US “rules”. Same as well when you do business within China, it has “rules” you need to comply with. Depending on what
