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Sri Lanka’s digital retail payments are poised for remarkable expansion, with the potential to reach up to Rs 77.2 trillion by 2027, according to analysis by Robocash Sri Lanka. This represents a substantial 128 percent increase from the 2022 level. The optimistic forecast by the company is contingent on the assumption that all major macroeconomic […]
[…]The post From King Elara To Narendra Modi, Evolution Of A Geopolitical Impasse appeared first on Colombo Telegraph.
[…]The post The Health Sector In Crisis; Causes & Possible Curse appeared first on Colombo Telegraph.
Sri Lanka President Ranil Wickremesinghe announced that the government will be unveiling a new tourist plan called ‘Visit Sri Lanka’ that will be released in the upcoming months.The post Sri Lanka Government to launch ‘Visit Sri Lanka’ new tourism plan appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
The economic and political landscape of Nepal is currently facing a dual assault from its neighbor, China. As the country grapples with the aftermath of a devastating earthquake, the once-thriving Tatopani market stands as a somber reminder of the destructive power of nature. However, the decline of this border town is not solely due to […]
By Hema Senanayake hemasenanayake@yahoo.com IMF has an ideology, a system of ideas and ideals which forms the basis of its decisions and policy prescriptions for which the recipient country of the loan claims as of its own. The most important idea does not originate from economic theory but international trade theories instead. The Great Recession […]
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[…]The post Growth in Sri Lankan Yacht Charter Industry Looks Promising for the Future appeared first on Colombo Telegraph.
[…] The post Delayed IMF Assistance & The Fertilizer Ban: President Rajapaksa’s “Two Mistakes” That Pauperized Sri Lanka appeared first on Colombo Telegraph.
[…] The post An Exit Strategy From The Crisis: Agenda For Shared Revival Of Sri Lanka appeared first on Colombo Telegraph.
Lawmakers want to revive a tax on carriers to support additional subsidies on the exchange, expansion of Medicaid.
Lawmakers want to revive a tax on carriers to support additional subsidies on the exchange, expansion of Medicaid.
Lawmakers want to revive a tax on carriers to support additional subsidies on the exchange, expansion of Medicaid.
Lawmakers want to revive a tax on carriers to support additional subsidies on the exchange, expansion of Medicaid.
Lawmakers want to revive a tax on carriers to support additional subsidies on the exchange, expansion of Medicaid.
As Sri Lanka’s exports under APTA grew more than three-fold by 2011’s end, the country is suddenly realising the importance of the promising sunrise FMCG segment in the 2.5 billion strong APTA markets led by APTA’s market giant, China. And in the aftermath of Pure Ceylon Tea international brand initiative, Sri Lanka is now beginning ...
US Assistant Secretary of State Robert O. Blake yesterday called on the Government to promote transparency and good governance in order to encourage more American investors. He told reporters at the end of his visit that investment could be encouraged if the Government took measures to improve the investment clime. A speech given by him ...
According to figures collected by PATA, international visitor arrivals into Asia Pacific destinations during May 2012 show a collective gain of 3% year-on-year. This is the second consecutive month with a declining growth rate. For the first five months of 2012, the average growth in international visitor arrivals into Asia Pacific destinations was 6% up ...
Fitch examines financing alternatives to the current predominant international borrowingsBy Cassandra Mascarenhas Discussing new investment opportunities and financing structures for Sri Lankan private sector entities to enter the current government dominated infrastructure financing in the country, Fitch Ratings Lanka hosted a seminar titled ‘Fitch Perspectives’ last week, featuring F...
Janashakthi Insurance, one of Sri Lanka’s largest listed insurers, continues its winning streak to emerge the triumphant winner of two prestigious awards for corporate social responsibility and exceptional branding and marketing at the recently concluded CMO (Chief Marketing Officer Council) Asia Awards held in Singapore. The insurer gained recognition at the international event by securing ...
By Cassandra Mascarenhas Setting its sights on placing Sri Lanka in the global economy and expanding its reach in overseas markets, the Sri Lanka Economic Summit 2012, the Ceylon Chamber of Commerce’s annual flagship event, aptly themed ‘Positioning Sri Lanka in the Global Economy,’ commenced last evening at the Cinnamon Grand. In the context of ...
Speaking at a forum organised by KPMG in Sri Lanka for chief financial officers and chief risk officers of banking institutions, KPMG India’s Partner and Head of the Financial Risk Management (FRM) practice, Rohit Bammi emphasised that local banks have the opportunity to further enhance their risk management functions. In his opening remarks, Rohit discussed ...
Despite the first-ever negative return in 2011 in three years as well as continuing bearish run, Colombo Stock Exchange (CSE) Chairman Krishan Balendra has expressed optimism going forward given the planned fundamental transformation as well as other developments. Here is the full text of CSE Chairman Balendra’s review in the 2011 Annual Report, released ahead ...
News reports point to an important decision that the minister concerned has been requested to make on the above subject. If this is correct it is important that we recognise that it is more than a million dollar decision that has been called for. It is so important a decision because it could determine the ...
Commercial ties offer many profitable opportunities, says Pakistan’s High CommissionerFollowing is the statement of the High Commissioner of Pakistan Seema Ilahi Baloch, on the occasion of the ‘Made in Pakistan’ exhibition 2012 Pakistan and Sri Lanka have traditionally enjoyed excellent relations. We also need to strive to add more substance to our economic cooperation and ...
The EXPO 2012, a timely and important mega event organized by the Export development board especially at the point of time when the economy is beginning to develop as a result of a few years of peace, was no doubt an absolute need of the hour. It was pleasing to note that more than 1300 ...
Chartered Institute for Securities and Investment's 20th anniversary The Chartered Institute for Securities and Investment (CISI) recently marked its 20th anniversary. Forerunner to the Chartered Institute for Securities & Investment, the organisation was set up by London Stock Exchange practitioners to fill a void. Since the Big Bang in 1986, the Stock Exchange had ...
The EXPO 2012, a timely and important mega event organised by the Export development board especially at the point of time when the economy is beginning to develop as a result of a few years of peace, was no doubt an absolute need of the hour. It was pleasing to note that more than ...
Top US Agency clears way, enlists Lankan made mats for restoration projects In a new boost to Sri Lanka’s geo-textile industry and Sri Lanka’s standing as world’s largest exporter of coir fibre, a top US government agency has cleared the way for Sri Lankan made geo-textiles for two projects. The US Environmental Protection Agency (EPA) ...
Country records second successive year of over 20% growth in exports; 2011 full year value tops $ 10 b; when ICT exports included total figure to rise to $ 11 bConfirming resilience and an improved competitive mindset amidst global and local difficulties, Sri Lanka’s exports sector has concluded its second year of over 20% growth. ...