ECONOMYNEXT- Sri Lanka's economy is expected to grow below 3 percent in 2019 after the Easter Sunday attacks dampened growth prospects, the research arm of First Capital, an investment house, said."The Easter Sunday attack is expected to have a detrimental impact on the economy possibly further slowing down the sluggish economy," FC Research said."We expect the recovery would … [Read more...] about Sri Lanka growth may fall below 3-pct in 2019: Report
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Economy and security at core of SL future
Says both deeply linked, calls for conference national security strategy Backs promoting unity and communal harmony, fighting against hate speech Says good leadership, effective communication and commitment mantra for success Responsible citizens first line of SL defence, advocates for civil-military partnership for information sharing By Uditha Jayasinghe Promoting … [Read more...] about Economy and security at core of SL future
Sri Lanka may not renew emergency, security 99-pct assured: President
ECONOMYNEXT - Sri Lanka's security forces had made rapid progress in restoring security after Easter Sunday blasts and emergency law may not be renewed again, President Maithripala Sirisena had told foreign ambassador is Colombo.President Sirisena had requested foreign envoys to lift travel advisories, as the security situation was now much better.Security and intelligence … [Read more...] about Sri Lanka may not renew emergency, security 99-pct assured: President
Leisure-hit JKH says outlook for other biz “positive”
Premier blue chip John Keells Holdings (JKH) remains positive of its prospects despite the Easter Sunday terror attacks-triggered setback on its giant leisure segment and muted economic growth impacting performance in the just-concluded FY19. “It may be premature to assess the full impact arising from the Easter Sunday attacks, with the exception of the short-term impact on … [Read more...] about Leisure-hit JKH says outlook for other biz “positive”
Terror attack weighs on Sri Lanka’s economy
Before the devastating terror attack in Sri Lanka last month, orchid farmer Chatura Cabraal was delivering more than 1,000 flowers a week to luxury hotels in the capital, Colombo. “Now they call us for orders of 50 flowers,” said Mr Cabraal. “We’re still harvesting the flowers, you can’t wait for good times, but we’re just throwing money away.”After the Easter Sunday bombings, … [Read more...] about Terror attack weighs on Sri Lanka’s economy
Kerala coast on high alert after intel report on IS boat coming from Sri Lanka
Authorities in coastal areas of Kerala have been put on high alert after an intelligence report said 15 Islamic State terrorists had set off from Sri Lanka ...Source link … [Read more...] about Kerala coast on high alert after intel report on IS boat coming from Sri Lanka
Sri Lanka responds to the UN Special Advisers’ ‘oversimplifying’ statement on sectarian violence
* Sri Lanka responds to the UN Special Advisers' 'oversimplifying' statement on sectarian violence Sun, May 26, 2019, 08:37 am SL Time, ColomboPage News Desk, Sri Lanka. May 26, Colombo: Sri Lanka's Permanent Representative to the United Nations in New York Ambassador Dr. Rohan Perera has criticized two UN Special Advisors for issuing a joint statement expressing alarm at … [Read more...] about Sri Lanka responds to the UN Special Advisers’ ‘oversimplifying’ statement on sectarian violence
Sri Lanka low grown tea recovery expected in 2019 despite Iran sanctions
ECONOMYNEXT - Sri Lanka's low grown tea is expected to recover in 2018 despite sanctions on Iran, a top producer has said as a demand from countries that were hit by currency collapses in 2018 stabilizes, a producer has said."Key exporting markets such as Russia, Turkey and Iran are expected to increase their demand for tea," Tea Smallholder Factories, which accounts for over 5 … [Read more...] about Sri Lanka low grown tea recovery expected in 2019 despite Iran sanctions
The road to economic recovery and development
View(s): The question uppermost in the minds of most persons is whether the peace of the Vesak weekend was the turning point to peaceful conditions and economic recovery. There are signs that the country is getting back to normal with the fear psychosis diminishing though not eliminated. This return to peace and normalcy is an essential condition for economic recovery. The … [Read more...] about The road to economic recovery and development
Chinese envoy assures to promptly promote tourism exchanges with Sri Lanka
* Chinese envoy assures to promptly promote tourism exchanges with Sri Lanka Sat, May 25, 2019, 08:04 pm SL Time, ColomboPage News Desk, Sri Lanka. May 25, Colombo: China attaches importance to Sri Lanka's concerns on its tourism industry hit by the April 21 attacks and will promptly promote Chinese tourist arrivals to the island and tourism exchanges, the Chinese envoy to … [Read more...] about Chinese envoy assures to promptly promote tourism exchanges with Sri Lanka
