The Ceylon Institute of Builders (CIOB), issuing a statement states that the Sri Lankan economy will be irrecoverably damaged if the terrorism ...Source link … [Read more...] about 'Impossible to revamp economy if terrorism not eradicated'
As a young professional Chartered and Management Accountant who served as Chairman of three state institutions including the People's Bank during the tenure of President J R Jayewardene and continued as Chairman of People's Bank during the period of President Premadasa and was later appointed as the Chairman and Director General of the Greater Colombo Economic Commission which … [Read more...] about A Man of Action | Daily News
Sri Lanka aims to become a connectivity hub in the heart of the Indian Ocean. In other words, the country plans to use its strategic location and leverage on our connectivity to become the Hub of the Indian Ocean. In order to achieve this objective, the required infrastructure should be in place and one of the vital components is the internal connectivity. Restoration of the … [Read more...] about Achieving prosperity through connectivity | Daily News
Sri Lanka’s foreign direct investment (FDI) will receive another major boost when Mahindra Group, India and Ideal Motors Colombo open their vehicle assembly plant in Horana in July, said Minister of Development Strategies and International Trade Malik Samarawickrama. He was speaking at the launch of the first Electric Three Wheeler, Mahindra Treo and a range of commercial … [Read more...] about Mahindra to invest US$ 50 mn in Horana vehicle plant
To achieve sustainable social development, as a nation it is our duty to create an ethical platform or social movement to raise a voice about the need of Community Ethics in Sri Lankan culture. Community ethics is where that examines the communal morality and the social morality while giving special attention towards the community development, and providing positive service … [Read more...] about Raising a voice for community ethics
President Maithripala Sirisena on Saturday said he and his Government are... Prime Minister Ranil Wickremesinghe inaugurated the construction of an oil... … [Read more...] about Page not found | Daily News :Breaking News, Latest News, Sports News and Live Updates
As much as achieving growth, fiscal consolidation had to also get top priority; Prime Minister Ranil Wickremesinghe told the Fireside Chat 2019 program held at Colombo Hilton on Tuesday. “When we took over in 2015, we realized how bad the economy was and how bad it was going to be. And just as much as we wanted growth we realized that fiscal consolidation had to get priority,” … [Read more...] about Fiscal consolidation, vital as much as growth-PM
In last five articles, I covered several key areas of debt market and abuses. This article is to highlight the governance on issuances of International Sovereign Bonds (ISB). Economic Story of ISBs ISBs were introduced in 2007 to expand the outreach of the govt. Debt market to cross-border as the market mechanism was considered to be economically better than privately arranged … [Read more...] about How Sovereign Bond Issuances are Governed
Sri Lanka needs to do away from paper based methods, using to capture FDI figures; instead the country should ... Furthermore, he cited service sector as the new economy, however he said issues relating to the new economy is not ...Source link … [Read more...] about 'Country needs high tech process for FDI data collection'
The diversification of Sri Lankan economy and the greater representation of the diversified companies in the local stock market will help Sri Lanka to better garner more economic benefits, Thilan Wijesinghe, Chairman of National Agency for Public Private Partnership said. Noting that Sri Lankan government doesn’t have any more low hanging fruits to generate economic growth due … [Read more...] about Diversification of Lankan economy, must to garner more economic benefits