Marking the first visit to Manila by a Sri Lankan Head of State, President Sirisena ... Two leaders held lengthy discussions on economic and trade ties.Source link … [Read more...] about ADB bonanza for Sri Lanka during President's visit to Manila
ECONOMYNEXT – Sri Lanka’s stock market offer “pockets of opportunities” for investors despite risks generated by local political and economic conditions, Asia Securities stock brokers said in its 2019 equity market outlook.The stock brokerage firm is recommending that clients take positions in stocks with specific growth opportunities in the current environment.“Asia Securities … [Read more...] about Sri Lankan stocks seen offering opportunities despite risks
A potentially dangerous Request.Path value was detected from the client (?). A potentially dangerous Request.Path value was detected from the client (?). Description: An unhandled exception occurred during the execution of the current web request. Please review the stack trace for … [Read more...] about A potentially dangerous Request.Path value was detected from the client (?).
President Maithripala Sirisena and Philippines President Rodrigo Duterte agreed to set up a Joint Economic Council to enhance economic and trade relations between the two countries when they met at Malacanang Palace yesterday. Five Memoranda of Understanding (MoUs) to improve mutual cooperation in the fields of defence, economic affairs, tourism, agriculture and education were … [Read more...] about Lanka-Philippines to set up Economic Council
Bank of China, one of the country's biggest lenders, has offered a loan of $300m to Sri Lanka's government, with the option of increasing the amount to one billion dollars. The offer came as Colombo faces an economic crisis triggered by political uncertainty in the South Asian island nation. Eran Wickramaratne, Sri Lanka's junior finance minister, told the Reuters news agency … [Read more...] about Bank of China offers $300m loan to Sri Lanka | China News
ECONOMYNEXT - Sri Lanka has had talks with the Millennium Challenge Corporation to resume a grant that was halted during a political crisis, Minister for Economic Reform Harsha de Silva said.He said Finance Minister Mangala Samaraweera and Treasury Secretary R H S Samaratunga had held talks were held with MCC Chief Executive Jonathan Nash.De Silva said the grant agreement was … [Read more...] about Sri Lanka looks to re-activate US500mn Millennium Challenge grant
(5) Approach to FTAs of other countries (a) Lessons from India-EU FTA negotiationsIt is good for Sri Lankan negotiators to learn from their counter parts in India and EU. This is an exemplary occasion where negotiators from both India and EU showed their commitment to the cause of each country at the negotiating table and how EU-India trade negations ended up … [Read more...] about FCCISL on Government’s road to FTAs: How rational? Part 2
IIP drops to 107.3 index points in Nov. 2018, from 108.6 in Nov. 2017 Statistics office offers no reasons for sharp Oct.-Nov. fall Sri Lanka’s industrial production slowed in November as the activities or the sub-sectors, which recorded a growth, trailed the ones that contracted over the same month in 2017. The Index of Industrial Production (IIP) recorded a 108.6 index … [Read more...] about Industrial production slows in Nov. as key segments lose momentum – Daily Mirror
According to a new analysis published by the Centre for Economic and Business Research (CEBR), a UK-based Research firm, the country is set to become the 24th largest economy over the next 15 years. In 2018, the Bangladeshi economy was ranked as the 43rd largest economy in the globe due to its consistent and high rates of economic growth. Indeed, we jumped two points ahead from … [Read more...] about Can we live up to that ranking?
ECONOMYNEXT - Sri Lanka is targeting three million tourists for 2019 Tourism Development Minister John Amaratunga said, after missing a 2.5 million target for 2018 partly due to a political and economic crisis triggered by President Maithripala Sirisena."We are targeting three million tourists this year," he said on January 14 at the launch of an online entry permit service for … [Read more...] about Sri Lanka targets three million tourists in 2019: minister