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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 Wickremesinghe/Rajapaksa – An Axis Of Evil appeared first on Colombo Telegraph.
[…]The post Growth in Sri Lankan Yacht Charter Industry Looks Promising for the Future appeared first on Colombo Telegraph.
The travel guide Lonely Planet advises visitors to Kashgar, China, to fight the crowds that gather at its Sunday Grand Bazaar and let their senses loose to the smells of spices, the softness of silks and the beauty of carpets carefully woven by locals. The marketplace contains “
[…] 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 ...
UPDATE-President Mahinda Rajapaksa has called a meeting on Friday with some powerful stock market investors, the Securities and Exchange Commission (SEC) and the Colombo Stock Exchange (CSE) to discuss credit issues, informed sources said. They said the investors are believed to include Ajit Devasurendera, Nimal Perera, Dhammika Perera and Dilith Jayaweera while top officials from the SEC and the ...
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 ...
marketplace for freight forward agreements (FFAs), which allow a buyer to take a ...
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 ...
At the Smarter Commerce Global Summit, IBM last week announced new software designed to improve data sharing and automate complex marketing and supply chain processes in the cloud. As a result, marketers can improve customer service, increase marketing effectiveness and reduce operational costs. The new offerings leverage IBM’s Cloud expertise and cloud collaboration networks ...
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 ...