UNDP urges swift action and new directions to advance Asia-Pacific’s human development
The Asia-Pacific region is lurching towards an era of unmet aspirations, worsening inequalities, and a steady erosion of democratic spaces. Rising global …
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Ceylon Chamber leads private sector engagement at India – SriLanka biz summit
The Ceylon Chamber of Commerce called for a new economic model focused on export-led investment and tourism, and facilitating the private sector as the engine …
Cinnamon hotels and resorts to host celebrity Chef Gary Mehigan in Sri Lanka
Gary Mehigan, the renowned British-Australian Michelin Star celebrity chef and much-famed former original judge of MasterChef Australia, is gracing the shores …
Government urged to crack down on tax evaders instead of taxpayers: Harsha
In a press conference held yesterday, MP Harsha de Silva, Chairman of the Committee on Public Finance, shed light on the government's tax collection efforts, …
PUCSL electricity tariff revision discriminatory: Advocata
Electricity tariff design must meet two main objectives: firstly, raising the money needed to pay for the costs of provision, and secondly, sending the right …
RIUNIT launches comprehensive reports on South Asia’s real estate market trends
In a significant stride towards fostering transparency and informed decision-making within South Asia's real estate landscape, the Research Intelligence Unit …
Opinion: Reforming tax incentive structure in Sri Lanka
The second tranche of the International Monetary Fund’s (IMF) Extended Fund Facility (EFF) was delayed as the country failed to meet some of the program …
Advocata’s Bath Curry Indicator recorded a year-on-year increase of roughly 2-pct
Advocata’s Bath Curry Indicator (BCI) which is a price-index that tracks the monthly changes in the retail price of a basket of commonly consumed food items …
Imperative for SOE Reforms in focus at Sri Lanka Economic Summit 2023
The second session of the Sri Lanka Economic Summit 2023 titled ‘SOE Reforms – Now or Never’ will focus on the imperative for SOE reforms, sharing …
Re-designing Sri Lanka’s foreign policy, “need of the hour”: Eran
Sri Lankan’s economy is not standalone, but is interlinked with foreign policy, says SJB parliamentarian Eran Wickramaratne. "Whilst our internal decision …
Recognizing contribution of women in Sri Lanka towards food security and sustainable economic recovery
Achieving gender equality and empowering women is not only the right thing to do but is a critical ingredient in the fight against extreme poverty, hunger and …
Fitch downgrades Senkadagala Finance’s National rating to ‘BBB(lka)’, Removes RWN
Fitch Ratings has downgraded Sri Lanka-based Senkadagala Finance PLC's (Senka) National Long-Term Rating to 'BBB(lka)' from 'BBB+(lka)'. The Outlook is Stable. …
Borders and Budget: Visa reform will boost tourism and reverse brain drain
By Daniel Alphonsus Three million tourists are set to visit our shores next year. We will issue nearly as many online visas - millions too many. ETAs are a …
Privatisation is the need of the hour:Advocata
“At the interim budget last year, a list of SOEs reforms were provided to be restructured. 14 months later nothing has changed even in one SOE.”- Prof. …
Fitch affirms four Sri Lankan finance and leasing companies’ ratings; off RWN; Outlooks stable
Fitch Ratings has affirmed the support-driven National Long-Term Ratings of four Sri Lankan bank subsidiary finance and leasing companies (FLCs). The Outlooks …
CSE integrates with TradingView to facilitate advanced charting via MyCSE
The Colombo Stock Exchange (CSE) is proud to announce the integration of TradingView Technical Charts which facilitates advanced charting via MyCSE portal, to …
Lower global growth forecasts for 2023 and 2024: IMF
The World Economic Outlook October Update says global growth is forecast to slow from 3.5 percent in 2022 to 3.0 percent in 2023 and 2.9 percent in 2024. The …
Fitch upgrades Ceylon Electricity Board to ‘BB+(lka)’; Outlook stable
Fitch Ratings has upgraded Ceylon Electricity Board's (CEB) National Long-Term Rating and the rating on CEB's senior unsecure debentures to 'BB+(lka)', from …
CICT crowned best container terminal of its capacity in Asia for 7th consecutive year
Beats terminals in China, Indonesia and Thailand to win coveted AFLASaward in Under 4 million TEUs category Colombo International Container Terminals (CICT) …
Eran exposes SL’s plight of human capital flight; Govt. not bringing any solution to preserve health sector
Eran Wickramaratne, Member of Parliament of the Samagi Jana Balavegaya, accused the government of not bringing any solution or alternative arrangements to …