Sri Lanka's only national business newspaper | Daily FT
WEBSri Lanka's only national business newspaper | Daily FT. Thursday, 26 September 2024 02:09. In his first address to the nation since assuming office, President Anura Kumara Dissanayake last night outlined his administration’s vision for …
Sri Lanka's only business publication | Daily FT
WEB1 day ago · Mercantile Investments celebrates 60th anniversary with launch of 60th branch. Friday, 20 September 2024 00:04. 1. 2. 3. Latest news, analysis and opinions from the Daily FT, Sri Lanka's only national business newspaper.
Sri Lanka's only business publication - Daily FT
WEB2 days ago · The Daily FT is Sri Lanka’s first and only national daily business paper. With its value proposition “Be Empowered”, the Daily FT caters to the new economy of post-war Sri Lanka, with a sectoral focus as well as local and global politics, business, social issues, sports and lifestyle. Latest news, analysis and opinions from the Daily FT ...
Colombo’s Port City, ‘city of the future’ rising from the sea
WEBDec 28, 2021 · By Tang Lu. Xinhua: On the golden artificial beach in Colombo’s Port City, Sri Lankan Sanjeewa Alwis was earnestly “building” a sandcastle model similar to the financial centre building that will be built in Port City. Noticing Alwis’ masterpiece on the beach, three Sri Lankan kids playing by the sea rushed to him to jointly build the ...
Brokers back Expolanka exit offer as Rs. 63 b mega ... - Daily FT
WEBMar 26, 2024 · Analysts question some minority shareholders new-found optimism on Expo post-exit offer announcement when in the aftermath of $ 131 m worth overseas acquisitions between FY22 and 23 investors viewed the stock’s prospects indifferently; Most brokers have so far recommended the Expolanka Holdings PLC's exit offer at Rs. 185 per share to minority shareholders in a deal worth Rs. 63 billion, a ...
Present status of construction contractors and industry in Sri Lanka ...
WEBAug 3, 2021 · Construction impacts everyone across the globe. The construction industry accounts for 6% of global GDP and is considered to be a powerful stimulant for economic growth. Various studies conducted worldwide have predicted a steady growth trajectory for the construction industry in the current decade. This presents numerous opportunities for Sri Lankan construction organisations to venture ...
Sri Lanka’s economic crisis requires stronger policy response
WEBMar 22, 2022 · However, in Sri Lanka extremely loose monetary policy due to excessive money printing by the Central Bank of Sri Lanka (CBSL) to finance the Government’s deficit has pushed inflation to double digit levels. Further, core inflation which excludes food and energy has risen to 10.9% in February 2022 reflecting the demand pressures in …
Reforming Sri Lanka’s tax system: A path to fiscal stability and ...
WEBOct 17, 2023 · In Sri Lanka, there has been a steady decline in revenue from PIT from 0.9% of GDP in 2000 to 0.2% of GDP in 2022. Revenue collection is lower than that of even other low income economies. Furthermore, PIT tax revenue as a percentage of direct tax revenue declined from 40% in 2000 to 9.3% in 2022, although GDP …
The rise of digital banking in Sri Lanka: Perspectives by BCG
WEBJan 5, 2022 · The pandemic has clearly accelerated the shift in consumer preferences to digital banking channels with ~20% respondents expecting to increase interaction with IB/MB, of which ~60% were from the Affluent category. The future of banking lies in “bionic banking” i.e., achieving a balance between digitisation and human interactions.
‘Invest Sri Lanka’ initiative can drive the next wave of FDI: BOI ...
WEBFriday, 10 March 2023 00:20 - - 1802. BOI Chairman Dinesh Weerakkody. Board of Investment (BOI) new Chairman Dinesh Weerakkody says Sri Lanka’s value proposition is key to attract investors that can foster job creation and expansion of the economy. “The National Single Window System is a must and finding the right mix of techniques and ...