politics

The Colombo Port City as well as the Hambanthota Port and Industrial Park are expanding to become the new power centres of Sri Lanka's economic ...Source link … [Read more...] about Belt and Road Initiative spurs Sri Lanka's growth

Sri Lanka is the only Asian Productivity Organisation (APO) member country which does not have a National Productivity Organisation. Setting up a full-fledged, stand alone, National Productivity Organisation is the way forward for industrial and overall economic growth in Sri Lanka, Company Director and Consultant Sunil Wijesinghe said. He said the National Productivity … [Read more...] about Productivity policy vital for economic growth, says expert

Bajaj Auto Limited and its partner in Sri Lanka, David Pieris Motor Company (Pvt) Ltd., (DPMC) are confident that the current political and economic situation will soon be resolved in a positive manner and the sales growth trajectory will continue in the country which is a key destination for Bajaj range of vehicles, Senior Vice President, Export Business Unit, Bajaj Auto Ltd., … [Read more...] about Bajaj to promote environment-friendly transportation globally

The Monetary Board of the Central Bank reduced the Statutory Reserve Ratio (SRR) applicable on all rupee deposit liabilities of commercial banks by 1.50 percentage points to 6.00 per cent last week. To neutralise the impact of this reduction and maintain its neutral monetary policy stance, the Monetary Board increased the Standing Deposit Facility Rate (SDFR) of the Central … [Read more...] about Monetary Board aims at stabilising inflation

The government will continue to support the retail sector of the country to make Sri Lanka a hub for the retail trade in South Asia, Finance and Mass Media Minister Mangala Samarawera said at the ‘Retailers Forum 2018’ in Colombo on Thursday. Recognising the role played by the retail sector of the country the minister went on to say that the proposals submitted by the retailers … [Read more...] about Retail hub with Govt support