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- island.lk - Category : Breaking News - Relavancy : 0.13609634

UNDP Sri Lanka launches two programmes calling young innovators to act on climate change International Youth Day (IYD) advocates for the participation of young people in actioning chang around  the world. To commemorate the significance this year and to provide a platform to young leaders in Sri Lanka,  the United  Nations Development Programme (UNDP) in Sri Lanka launched two new calls for young ...

- economynext.com - Category : Breaking News - Relavancy : 0.113413624
- colombogazette.com - Category : Breaking News - Relavancy : 0.15877907

The Chairman of the Public Utilities Commission of Sri Lanka, Janaka Ratnayake says the price of fuel should be reduced further and not just by Rs. 20 as was announced last night. Issuing a statement, Janaka Ratnayake said that a transparent fuel pricing system must be introduced. “The price of petrol was reduced by 20 […]

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- colombogazette.com - Category : Breaking News - Relavancy : 0.15877907

Sri Lanka is to continue to stand by the ‘one China policy’ and support to protect China’s sovereignty and territorial integrity, the Foreign Ministry said today. The Foreign Ministry said that the assurance was given when the Minister of Foreign Affairs, Professor G.L. Peiris met with the Ambassador of China, Qi Zhenhong, at the Ministry […]

- adaderana.lk - Category : Breaking News - Relavancy : 1.0070788

The economy of Sri Lanka contracted by 1.6 percent in the first quarter of the year 2022, the Department of Census and Statistics (DCS) says.

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.0907309

[…]The post Sri Lankan Economy Heading Towards A Dangerous Phase appeared first on Colombo Telegraph.

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- colombogazette.com - Category : Breaking News - Relavancy : 0.06804817

Prime Minister Ranil Wickremesinghe has warned that the next three weeks will be tough for Sri Lanka. Speaking in Parliament today, the Prime Minister said that the public must use fuel and gas as carefully as possible. He also said that unessential travel should be limited as much as possible. “Therefore, I urge all citizens […]

- economynext.com - Category : Breaking News - Relavancy : 0.113413624
- colombogazette.com - Category : Breaking News - Relavancy : 0.15877907

Sri Lanka is to seek assistance from Paris Club lenders and the G7, Minister of Foreign Affairs Professor G.L. Peiris said. Foreign Minister Peiris requested continued support from Japan, both bilaterally and through multilateral channels, to mitigate the economic challenges in Sri Lanka. Minister Peiris explained that the Government of Sri Lanka will seek assistance […]

- economynext.com - Category : Breaking News - Relavancy : 0.22682725

Johnson had made this assurance during a discussion held that afternoon.

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- economynext.com - Category : Breaking News - Relavancy : 0.16039109

It is necessary that the policymakers do not make the mistake of not listening to the experts in the industry

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.06804817

[…] The post What’s Next, After The Rajapaksa Clan & #GotaGoGama Are Both Gone? appeared first on Colombo Telegraph.

- adaderana.lk - Category : Breaking News - Relavancy : 1.0070788

The International Monetary Fund (IMF) is forecasting the economy of Sri Lanka to grow by 2.6% this year down from 3.6% in 2021.

- www.ft.lk - Category : Business - Relavancy : 0.1814618

By Maheshi Perera Rubber tapping is a profession that requires deep skills and right tools, which is exactly what the rubber industry in Sri Lanka lacks today. The numbers of skilled tree tappers are declining and more and more people are deviating from the industry. This is having a huge negative impact on the rubber ...

- www.ft.lk - Category : Business - Relavancy : 0.22682725

Lanka Exhibition and Conference Services (LECS) won the Tourism Award for the Best Professional Exhibition Organiser, for the fourth consecutive year at Tourism Awards 2011. LECS was the winner of the prestigious awards for the past three consecutive years resulting in the company being inducted into the Hall of Fame. The organisation, which has a ...

- www.ft.lk - Category : Business - Relavancy : 0.0907309

Last week I met up with some key business people from Indonesia, which does heavy trading with China on the basis of subcontracted business, and is now attempting to diversify its business due to the volatility of the Chinese economy. This made me conduct some research on the Chinese economy. The findings highlighted the need ...

- www.ft.lk - Category : Business - Relavancy : 0.113413624

The Sri Lanka Institute of Marketing (SLIM) together with the Bucks University featured the 2012 award winners from Singapore of global business associations and chief marketing officers under the theme ‘Is The Party Over?’ at Galadari Hotel, where a select audience of 200 business and marketers attended the event. Some of the key points discussed ...

- www.ft.lk - Category : Business - Relavancy : 0.0907309

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 ...

- www.ft.lk - Category : Business - Relavancy : 0.056706812

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 ...

- www.ft.lk - Category : Business - Relavancy : 0.113413624

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 ...

- www.ft.lk - Category : Business - Relavancy : 0.06804817

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 – ...

- ceylontoday.lk - Category : Business - Relavancy : 0.7553091

Strategic investments from high-growth economies such as India and China are propelling Sri Lanka into an important emerging Indian Ocean economy, opined Sri Lanka Ports Authority (SLPA) Chairman Dr. Priyath B. Wickrama.

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- www.ft.lk - Category : Business - Relavancy : 0.056706812

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 ...

- www.ft.lk - Category : Business - Relavancy : 0.0907309

President of the UNCSD, Secretary General of the UN, excellencies, ladies and gentlemen, it is indeed a great pleasure for me to be here in Rio de Janeiro and to share my thoughts at this momentous event. The presence of so many Heads of State and Governments, Senior Ministers, Officials and thousands of members of ...

- www.ft.lk - Category : Business - Relavancy : 0.113413624

Standard and Poor’s yesterday fired a fresh warning on Sri Lankan banking system, relegating it to a risk prone grouping that includes Nigeria. Standard & Poor’s Ratings Services said it has assigned Sri Lanka to its Banking Industry Country Risk Assessment (BICRA) group ‘8’. At the same time, it assigned an economic risk score of ...

- news360.lk - Category : Breaking News - Relavancy : 0.0907309

Sri Lanka’s banking industry reflects a “very high risk”  assessment of economic resilience and credit risk in the economy, and a “high  risk” assessment of economic imbalances, says the Standards and Poor’s. The Rating agency in its latest Banking Industry Country Risk Assessment, assigned Sri Lanka’s Banking sectors economic risk score of ‘8’ and an industry ...

- www.ft.lk - Category : Business - Relavancy : 0.15877907

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 ...

- ceylontoday.lk - Category : Business - Relavancy : 0.7553091

The economy of Sri Lanka registered a growth rate of 8.3 % in 2011 compared to similar growth rate of eight per cent achieved in 2010 reflecting that country has attained a high growth momentum.

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- www.ft.lk - Category : Business - Relavancy : 0.113413624

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 ...

- www.ft.lk - Category : Business - Relavancy : 0.06804817

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 ...

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