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No unanimity on exchange rate movement A front page headline news item in this paper on last Saturday had reported on an apparent division of opinion between the two top policy makers of the country, namely the Treasury Secretary Dr. P.B. Jayasundera and the Central Bank Governor Ajith Nivard Cabraal, on the depreciation of the ...
- Rupee sinks to record low (Category: Business)
- CB to stop supplying dollars for oil bills (Category: Business)
- Appreciating the exchange rate to create prosperity (Category: Business)
- Devaluation divide (Category: Business)
Reserve Bank of India, State Bank of Pakistan and Maldives Monetary Authority to participateThe first ever Governor’s Challenge Trophy- global commerce quiz will be held on 13 December in Colombo. The quiz has taken an international dimension with three major regional central banks participating along with the Sri Lankan corporate, banking and other sectors for ...
- Popularising international trade and commerce through mind sports competitions (Category: Business)
- Seylan Bank felicitates victorious trade quiz team (Category: Business)
Muttiah Muralitharan, the most successful bowler in the history of cricket, is to play a key role in Sri Lanka’s Hambantota 2018 bid to host the 2018 Commonwealth Games. Now retired from international cricket, Murali (39) seemingly has one more special delivery up his sleeve for Sri Lanka. He is part of a delegation travelling ...
- Kenyan ‘Kip’ Keino backs Hambantota 2018 Games bid (Category: Business)
- Rising stars shine light on Hambantota bid (Category: Business)
- Hambantota confident as 2018 Commonwealth Games Vote countdown begins (Category: Business)
- Murali to help SL win Commonwealth Games bid (Category: Breaking News)
Confidence, the most critical element of the business climate Need of the hour Investment needs to increase from 28% (2010) to 34% of GDP to attain the Government’s growth target of 8%, as Sri Lanka’s incremental capital output ratio is 4.2. Public investment has been capped at 6%-7% of GDP. This means that private investment, ...
- Fitch joins chorus, says nationalisation law could hinder investment (Category: Business)
- Plug the leaks (Category: Business)
- More private sector investments key for higher growth – ADB (Category: Business)
- How attractive or unattractive is our business climate to foreign investors? (Category: Business)
Following is the address delivered by Senior Minister for International Monetary Cooperation Dr. Sarath Amunugama at the fourth South Asia Economic Summit (SAES IV) Plenary Session: In the aftermath of the global economic crisis, there has been a noticeable shift in economic clout, moving from the USA and the debt-plagued countries of the Eurozone, to ...
- Asia Pacific trade and investment (Category: Business)
- Developing Asia’s growth to moderate amid global uncertainty, says ADB (Category: Business)
- Challenging times for Asia Pacific (Category: Business)
- Achieving economic goals amidst global challenges (Category: Business)
Sri Lanka Economic Association Conference – Key takes at the inauguration By Dinali Goonewardene The Government in addition to domestic constraints faces a series of external and global constraints and the Sri Lanka Economic Association at its annual sessions from 13-14 October 2011 discussed this under the theme ‘Achieving National Economic Goals Amidst Global Challenges’. ...
- Lion leads frontier markets (Category: Business)
- Raising the bar: The rise of the Sri Lankan economy (Category: Business)
- A resolute Sri Lankan economy (Category: Business)
In the midst of the turmoil in international financial markets and national economies, Sovereign Wealth Funds are coming into closer focus. For the first time since the breakout of the financial crisis, the financial mandarins of China intervened to shore up confidence in the country’s four largest banks by increasing its holdings in them through ...
- Gas gusto! (Category: Business)
- Government in the dark on extent and volume of Mannar Basin gas deposits (Category: Business)
- India’s ONGC To Also Explore Oil In SL (Category: Breaking News)
- Another Indian firm to explore oil in Mannar Basin (Category: Business)
Professionals are shy to raise critical issues in public!It is believed that the single focus advocacy proposal of the Joint Chambers of Commerce and Industry for the Budget 2012 to address is the continuing high priority of enhancing the ‘ease of doing business in Sri Lanka’. A president of a chamber holds a publicly articulated ...
- Economic management and the way forward (Category: Business)
- Time for reflection, reality check, risk mitigation and lessons learnt action (Category: Business)
- Accelerating growth: catching the wave or missing the bus (Category: Business)
- Investing in the Northern Province: Constraints and countering them (Category: Business)
The world’s economies are competing for investment, in order that they create jobs for their citizens and trade effectively in goods and services in this globalised world economy. Barriers and restrictions are tumbling down as nation states compete against each other, to become attractive to investors.Competitiveness is a comparative concept of the ability of a ...
- Sri Lanka calling (Category: Business)
- Why Lion leads frontier (Category: Business)
- Lion leads frontier markets (Category: Business)
- Achieving economic goals amidst global challenges (Category: Business)
The Chamber of Young Lankan Entrepreneurs (COYLE), the vibrant forum of the new generation entrepreneurs of Sri Lanka plans to conduct a highly interactive series of programmes named ‘Zero to Billionaire – The Story behind Sri Lankan Business Heroes of the 21st Century’ to bring to the surface the untold truths of success of the ...
- COYLE to unveil leadership facets: ‘The Untold Truths of Sri Lankan Entrepreneurs’ (Category: Business)
- Janashakthi Insurance exclusive Gold partner for Entrepreneur of the Year awards (Category: Business)
- MBSL creates banking history by opening 16 branches in a day (Category: Business)
Justice and fair-play is paramount Justice and fair-play are of paramount importance to all members of the world family consisting of 193 nations expecting justice and fair-play equally. It is the principle on which the United Nations was established in place of the less-effective League of Nations, in order to settle differences among nations based ...
- Transparency and equality in human rights arena (Category: Business)
- Towards ‘Wonder of Asia’ with regional and world peace (Category: Business)
- MIGHT OF POWERFUL NATIONS CANNOT PREVAIL AGAINST JUSTICE AND FAIR PLAY – PRESIDENT AT UN SESSIONS (Category: Breaking News)
The Sri Lanka Private Sector Assessment of the Report to the United Nations Secretary General by the Panel of Experts on accountability in Sri Lanka was released on Thursday. The private sector critique is a compilation of views raised by a private sector group in Sri Lanka who are concerned about the content of the ...
- Private sector’s critique of Advisory of UN Panel of Experts (Category: Business)
- Do What You Like Vs Like What You (Have To) Do! (Category: Breaking News)
- David Vs Goliath in Geneva (Category: Breaking News)
- East vs .West, good vs. bad: Dissecting ‘glocalisation’ in branding (Category: Business)
By Harsha de Silva We understand that the Securities and Exchange Commission (SEC) is planning to compound undisclosed securities fraud by some billionaire investors. Media reports have begun to circulate that Environmental Resources Investments (ERI) and its Directors have agreed with the SEC to pay an insignificant fine of Rs. 10 million and compound an ...
- SEC sets the record straight on ERI case (Category: Business)
- Harsha breathes fire on SEC over ERI (Category: Business)
- Harsha wants securities fraud fine increased from Rs. 10 m to Rs. 100 m (Category: Business)
- ERI Warrants dip over SEC rule (Category: Business)
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