Sri Lanka's only national business newspaper | Daily FT
DHL Global Forwarding unveils new 85,000 square feet centralised warehouse facility in Sri Lanka . Monday, 23 December 2024 00:00. DHL Global Forwarding has taken a significant step forward in enhancing Sri Lanka’s logistics landscape with the launch of a new 85,000-square-foot ..
Sri Lanka's only national business newspaper | Daily FT
CEAT launches new paradigm “Europe Range” of high performance radial tyres in Sri Lanka . Thursday, 19 December 2024 01:31. Sri Lankan automobile enthusiasts can now access global-standard, high-performance radial tyres with the launch of the “Europe Range” by CEAT Kela ..
Continuity in change | Daily FT
21 小时之前 · Change was the platform on which President Anura Kumara Dissanayake (AKD) and later the National People’s Power (NPP) Government claimed power in the November 2024 elections. Change from the old ways of doing politics, of governance and in the way decisions are taken on behalf of the country and its people. And people fed up with the powers-that-be were seeking exactly that. ..
World Bank ups Sri Lanka’s growth projection from 2.2% to 4.4
2024年10月11日 · The World Bank yesterday announced that Sri Lanka’s economy has shown signs of stabilisation, projecting growth to surpass the earlier estimate of 2.2% now expected to reach 4.4% in 2024. This positive outlook follows four consecutive quarters of growth, primarily driven by the industrial and tourism sectors. The findings were part of the multilateral donor’s bi-annual report, ‘Sri Lanka ..
Sri Lanka’s IMF deal: Turning point, but caution is key
1 天前 · While Sri Lanka’s IMF deal offers hope, the risks are real. Political instability could derail reforms, as vested interests resist change. Reform fatigue, too, is a genuine concern—if the public does not see tangible benefits soon, support for the …
Sri Lanka’s quest to climb global innovation ladder | Daily FT
2024年11月11日 · SL improves, up one notch to 89th on GII 2024; ranked 12th among 38 lower-middle-income economies; NIA forum brings local and global experts to shed insights to way forward
Fitch signals Sri Lanka politics positive | Daily FT
2024年10月10日 · Fitch Ratings yesterday said Sri Lankan authorities’ confirmation in endorsing the targets set under the country’s IMF program and intent to implement debt restructuring based on the terms agreed with international sovereign bondholders (ISB) in September, reduces risks to the debt treatment process associated with the outcome of …
Untold lessons: Economic insights from history for Sri Lanka’s crisis ...
3 天之前 · With a new Government in power, Sri Lanka finds itself grappling with immense economic challenges. The burden of enormous debts continues to weigh heavily on a fragile economy, necessitating robust growth to overcome these hardships. However, achieving such growth is complicated by a governmental predisposition toward centralised economic control, rooted in socialist-communal ideologies. ..
Charting Sri Lanka’s economic future: Current challenges, and ...
2023年12月29日 · The Sri Lankan economy currently grapples with the significant challenges presented by a complex financial situation unfolding in unprecedented ways. As the country tackles the intricacies of this economic turmoil to overcome fiscal obstacles, there is a prevailing sense of concern among the populace. Against this backdrop, the nation contends with politically motivated decision-making that ...
Sri Lanka’s economic challenges and path forward: A ... - Daily FT
2024年9月3日 · With Sri Lanka facing a multitude of economic challenges, including a high debt burden, low growth rate, and rising poverty, experts are debating the best path forward for the country. In a recent interview with Daily FT TV, Dr. Montek Singh Ahluwalia, a key figure in India’s economic liberalisation, Harsha de Silva, a prominent economist and politician, and Eran Wickramaratne, a leading ...