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It is necessary that the policymakers do not make the mistake of not listening to the experts in the industry
- A new program is essential to propel the plantation industry forward, encompassing the tea secto... (Category: Breaking News)
- Industry discusses Ceylon Tea’s ‘ExclusiviTea’ (Category: Business)
- Tea traders call for a wage cut (Category: Business)
- CTTA completes Colombo Tea Auction study with MTI (Category: Business)
Indo-Lanka relations Indo-Lanka relations have been cordial ever since the two countries gained independence. The most notable act of magnanimity on the part of India was to cede the Island of Katchchathivu to Sri Lanka through an agreement between the two countries. Relations have intermittently been strained due to domestic ethnic issue having had a ...
- Fair winds for Sri Lanka maritime hub (Category: Business)
- Enhancing shipping traffic to Sri Lanka (Category: Business)
- Export or stagnate (Category: Business)
Industry experts urge disillusioned local investors to ‘buy when it’s down and sell when it’s up’ In a highly volatile atmosphere and with low investor confidence in the Colombo Bourse, experts earlier this week went against the negative sentiments and instead stated that now is the time to buy. These views were aired at a ...
- Why Lion leads frontier (Category: Business)
- Achieving economic goals amidst global challenges (Category: Business)
- Sustainability in volatility: The bankers’ challenge (Category: Business)
The keynote address delivered by Dr. Kalpana Kochar, the World Bank’s Chief Economist for South Asia, at the recently-concluded CCC Economic Summit, highlighted three fundamental flaws in Sri Lanka’s growth model. It will not be possible to achieve sustained growth of 8% without addressing these effectively. The Pathfinder Foundation, and others, has emphasised the need ...
- IMF approves disbursement of the delayed loan to Sri Lanka (Category: Breaking News)
- Lanka’s exports to Singapore clock highest growth in 1H (Category: Business)
- FDI from India to touch $1 b in two years, says EDB Chief (Category: Business)
- New monetary policy, IMF comments today (Category: Business)
The Sri Lanka Economic Association or SLEA, the long-standing professional body of economists of Sri Lanka, has published some selected papers presented at its Annual Sessions in October 2011 in a volume titled ‘Achieving Economic Goals in the Midst of Global Challenges,’ the theme of the sessions. The volume, edited by two veteran economists – ...
- SLEA to release book on ‘Achieving Economic Goals in the midst of Global challenges’ (Category: Business)
- Achieving economic goals amidst global challenges (Category: Business)
Case study Middle East Sri Lanka is one of the most sought-after tourist destinations in the world. It is surrounded by the Indian Ocean strategically located between West Asia and South East Asia and has been an important stop on the silk route or the Silk Road. It has all requirements to be one ...
- Unified branding in the tourism industry (Category: Business)
- Showcasing Sri Lanka and driving demand (Category: Business)
- Marketing an emerging tourism destination in Asia (Category: Business)
The main Opposition UNP yesterday charged that people are suffering due to the inequitable economic policies of the Government. The UNP said that the Central Bank has stated in its latest monetary policy review that “The policy measures adopted by the Central Bank and the Government during the period February to April 2012 to curtail ...
- What happened to the Cabraal roadmap? (Category: Business)
- The blame game and accountability (Category: Business)
- Harsha claims Govt., CB lack credibility (Category: Business)
- Economic policy governance: Listen to sane voices before it heads for disaster (Category: Business)
Historically, capital markets have played an important role in the development of market economies and therefore the development of efficient regulation of securities too has become increasingly important. While fostering the development of the economy, the capital markets also play an important equalising role. Viz – it attracts the participation of a large number of ...
- SEC To Work Towards Strengthening Investor Protection (Category: Business)
- Regulatory framework in place for Exchange Traded Funds (Category: Business)
- Top Govt. politico among investors summoned by SEC via ‘fiery’ notice (Category: Business)
- ‘Those who live by the Dhamma are protected by the Dhamma’ SEC Chief tells investors (Category: Business)
Ballooning trade gap Even with the multitude of measures taken to curb imports, Sri Lanka's cumulative trade deficit widened to nearly US$ 1.7 billion in the first two months of the year with earnings from exports increasing marginally by 3.3 per cent to US$ 1.8 billion whilst import expenditure shooting by 24.7 per cent to ...
- Hub is no hoodoo, says TEA (Category: Business)
- Marketing 3.0 and Sri Lanka (Category: Business)
- ‘Pure Ceylon Tea’ or ‘tea hub’? The billion dollar question (Category: Business)
- Do people prefer coffee over tea? (Category: Business)
Good morning ladies and gentlemen, I am privileged to have been given this opportunity to be with you this morning. My task before you is to brief potential investors of my personal experience of doing business in Sri Lanka and about the prevailing circumstances there. Therefore, I am not going to focus on the economy ...
- SLSBC trade and investment promotion mission to Singapore a success (Category: Business)
- Brand ‘Sri Lanka’ valued $ 23 b; ranks 76th globally (Category: Business)
- Fair winds for Sri Lanka maritime hub (Category: Business)
- Boosting business with Bangladesh (Category: Business)
Positioning Sri Lanka in the Global Economy The Sri Lanka Economic Summit 2012, the flagship event of the Ceylon Chamber of Commerce (CCC), will be held from 10 to 12 July 2012 at the Cinnamon Grand, Colombo under the theme ‘Positioning Sri Lanka in the Global Economy’. This forum
- Young guns to share insights to positioning Sri Lanka in global economy (Category: Business)
- Sri Lanka Economic Summit begins today in Colombo (Category: Breaking News)
- WB South Asia Chief Economist to address Sri Lanka Economic Summit 2012 (Category: Business)
- Carson Cumberbatch platinum sponsor of Sri Lanka Economic Summit 2012 (Category: Business)
Professor Buddhadasa Hewavitharana felicitated The legendary Economics Guru of Peradeniya vintage for more than four decades, Emeritus Professor of Economics Buddhadasa Hewavitharana, was felicitated last week by the country’s top policy think-tank, Institute of Policy Studies or IPS and the Department of Economics and Statistics of the University of Peradeniya by releasing simultaneously tw...
- Two books on Sri Lankan economy launched (Category: Business)
- State of SL economy according to IPS: Grow but make it inclusive (Category: Business)
Foreign Direct Investment (FDI) generally refers to long-term participation by one country in another country. It usually involves participation in a JV, capital transfer, transfer of technology and expertise. There are two types of FDI: inward foreign direct investment and outward foreign direct investment, resulting in a net FDI inflow (positive or negative) and stock ...
- FDI Flows (Category: Business)
- Sri Lankan government dismisses main opposition's allegations on FDIs (Category: Breaking News)
- India formally allows foreign investment from Pakistan (Category: Breaking News)
- BOI’s Warning To IMF (Category: Breaking News)
Multilateral donor emphasises devaluation should help exports, reserves Opines 2012 Budget consistent with earlier plans Withholds eighth tranche of $ 2.6 b loan; mission in Jan The International Monetary Fund said on Wednesday that Sri Lanka’s devaluation of its currency was a “step in the right direction” that should favour export competitiveness and preserve foreign ...
- Devaluation divide (Category: Business)
- November annual inflation eases to 4.7% (Category: Business)
- No timing yet for Sri Lanka review prior to next loan disbursal: IMF (Category: Business)
- IMF to discuss Sri Lanka loan follow-up (Category: Business)
Union Bank of Colombo PLC (UBC) together with ShoreCap II Limited of USA, an International foreign investment Fund, has acquired over 98% of the voting shares of The Finance and Guarantee Company Ltd. (TF&G), infusing Rs. 1.1 billion in new capital to resurrect one of Sri Lanka’s oldest finance companies. Previously Union Bank acquired National ...
- UBC and ShoreCap buy TF&G (Category: Breaking News)
- Fresh start for TF&G with Union Bank acquisition (Category: Business)
- UB Finance endeavours to deliver a unique proposition of economic and social value (Category: Business)
- Janashakthi Insurance partners with Union Bank for bancassurance (Category: Business)
The policy changes, reforms and modernisation since Budget 2011 appears to have been the context of a presentation made to the Joint Apparel Association Forum in July 2011 by the “leading light” in finance, planning, treasury management and economic development. Sri Lanka background 2000-’10 The presentation articulates the background issues experienced from 2000 to 2010. ...
- Achieving economic goals amidst global challenges (Category: Business)
- Raising the bar: The rise of the Sri Lankan economy (Category: Business)
- Treasury Secy. showcases recent economic success and future outlook (Category: Business)
- For a change Geneva, Zurich to hear Sri Lanka’s post-war potential this week (Category: Business)
Last week I received an invite for an ‘Inventors Day Celebration’ in one of the leading schools in the country and the master in charge shared a thought that I felt was a cutting edge idea. Apparently, every one of us is an inventor in some part of our daily life. The issue is that ...
- Wimbledon 2012 pick-ups for Lanka (Category: Business)
- Global Commerce Excellence awards next week (Category: Business)
- For tourism, after BRICs, Lanka-included SLIMMA is the best (Category: Business)
By Ashwin Hemmathagama National Insurance Trust Fund (NITF) was created by an Act of Parliament in the year 2006. A subsequent amendment, No 28 of 2007 has empowered NITF to accept compulsory reinsurance cession from local insurance companies. NITF has fixed the compulsory cession at 20% of the general insurance programmes of all insurance companies ...
- NITF (Category: Breaking News)
- RAM reaffirms National Insurance Trust Funds ratings at AAA/P1 (Category: Business)
- Outlook stable for reinsurance industry: S&P (Category: Business)
- Debutant Orient Insurance records Rs. 100 m GWP in 1Q (Category: Business)
By Dr.Laksiri Fernando (Text of DA Rajapaksa Memorial Address) National development is not merely about the economy but the economy is central. It entails economic, social, political, cultural and even moral aspects. The contribution of the North and the East during the last three decades or so was hampered in all these spheres by the separatist and the terrorist war. It is nece...
- American Premium – Market Leader In Bottled Water (Category: Breaking News)
- KP speaks out ~ 2 – An interview with the former LTTE chief (Category: Breaking News)
- âWindow to Chinaâ launched (Category: Breaking News)
- No Tsunami danger due to earthquake off Maldives â (Category: Breaking News)
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