Economic
Sri Lanka Telecom (SLT) is now entering in to long term financial agreements to implement artificially built-up or massive scale projects with investments running up to billions of rupees in a hurry on the eve of upcoming presidential elections, SLT engineers alleged.
Sri Lanka’s manufacturing activities continued to expand at a higher rate in August 2019, compared to July 2019.
Sri Lanka’s foreign-funded infrastructure projects, under implantation are either delayed or suspended midway due to lack of proper coordination between various public institutions that implement such projects, a progress review report revealed.
කිරිපිටි සමාගම් කිරිපිටි මිල ගණන් ඉහළ නංවා ඇත්තේ ලෝක වෙළෙඳපොළේ කිරි පිටි මිල එතරම් ඉහළ ගොස් නොතිබියදී බව හතරවන හරස්වීදියේ තොග ව්‍යාපාරිකයෝ පවසති.
ශ්‍රී ලංකන් ගුවන් සේවය පාස්කු ඉරිදා ප්‍රහාරයෙන් පසුව දිවයිනේ සංචාරක කර්මාන්තය යථා තත්ත්වයට පත් කිරීම සඳහා දරන ලද උත්සාහය හේතුවෙන් පසුගියදා ගෝලීය සම්මානයට පාත්‍රය විය. ගුවන් සේවා මගී අත්දැකීම් සංගමයේ (Airline Passenger Experience Association) සම්මාන උළෙලේ දී ‘හොඳම අලෙවිකරණ නවෝත්පාදන’(Best Marketing Innovation’ ) සම්මානයෙන් ශ්‍රී ලංකන් ගුවන් සේවය පිදුම් ලැබීය.ඊට අමතරව අඛණ්ඩව 3 වන වරටත් ප්‍රධාන ගුවන් සමාගම් කාණ්ඩයේ තරු 4 පංතියේ සේවා ඇගයුම් (Four Star) ලැබීමට ශ්‍රී ලංකන් ගුවන් සේවය සමත් විම මෙහි ඇති විශේෂත්වයකි.
Sri Lanka’s Gross Domestic Product GDP grew by 1.6 per cent in real terms in the second quarter 2019 (Q2) , mainly attributable to 1.6 per cent growth in Services activities, 1.4 per cent growth in Industry activities and 1.0 per cent growth in Agriculture activities in value added terms, Central Bank announced.
Sinhaputhra Finance Plc, non-bank lender in Sri Lanka has been given time to raise capital, the central bank said.
For the seventh consecutive year, Cisco – worldwide leader in IT – has signed up as the Principal Partner for Sri Lanka’s premier annual Cyber Security Summit 2019 edition.
India’s iconic and world-famous hospitality brand Taj yesterday expressed growing optimism on Sri Lanka committing over $ 40 million investment in the medium term to upgrade existing hotels as well as expand its footprint locally.
Sri Lanka has to explore new avenues to increase its exports focusing attention on diversification of exportable products.
The Supreme Court has determined that proper procedure was not followed when placing the Ruhunu Economic Development Corporation of Sri Lanka Bill in the Order Paper of Parliament.
International Trade and Development Strategies Minister Malik Samarawickrama last week revealed that the Board of Investment (BoI) has approved foreign direct investment (FDI) projects amounting over $20 billion for this year.
The Finance Ministry has made arrangments to reach the people and conduct Enterprise Sri Lanka mobile service throughout the country in order to provide capital loans at subsidised interest rate to enable the people to begin small and medium, self employment or industries in several districts during the next few days.
Prime Minister Ranil Wickr-emesinghe yesterday said that for Sri Lanka to see exponential growth, it has to make a clean break from the inward-looking policies of the past, recalibrate and move towards increased productivity and competitiveness, underpinned by a new system of governance.
The Sathya Gaweshakayo (Truth Seekers) organisation, which is affiliated with the Sri Lanka Podujana Peramuna (SLPP), yesterday said the Government had been attempting to bring legislation to allow foreign nationals to own lands in Sri Lanka and requested the public to remain vigilant of such activities.
The Monetary Board of the Central Bank has decided cancel the licence issued to TKS Finance Ltd under the under the Finance Business Act, No. 42 of 2011 (FBA) carry on finance business with effect 19th September 2019.
Key business leaders reiterated the need for maintaining policies, diversifying exports, expanding the tourism industry and increasing trade links for Sri Lanka to successfully face the global challenges and to build the economy in the next decade.
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