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 ..
Sri Lanka's only business publication - Daily FT
6 days ago · Contact us. Editorial : +94 0112 479 356 , +94 0112 479 780 +94 0112 447 848 . Technical : +94 011 247 9437 [email protected] [email protected] Marketing :
Continuity in change | Daily FT
1 day ago · 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. ..
President announces PAYE tax relief | Daily FT
6 days ago · President Anura Kumara Dissanayake making a special statement in Parliament yesterday announced significant relief for professionals through adjustments to the Pay-As-You-Earn (PAYE) tax structure, as part of broader measures aimed at stabilising the economy. ..
Sri Lanka’s debt repayments and economy post 2025 | Daily FT
Oct 18, 2024 · Sri Lanka’s debt crisis has been the most critical issue affecting its economy post the 2022 meltdown, with years of borrowing to finance development projects, cover fiscal deficits, and manage post-war reconstruction. The current state of Sri Lanka’s debt repayments are still to be concluded and several measures need to be taken …
World Bank ups Sri Lanka’s growth projection from 2.2% to 4.4
Oct 11, 2024 · 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 ..
“Will ensure 2022-23 crisis never recurs in Sri Lanka”: President …
5 days ago · Yesterday, we engaged in a robust three-hour debate on debt restructuring. That discussion provided an opportunity to outline the roadmap that has led us to the current stage and to highlight the achievements we have made thus far. I will not delve into lengthy explanations, but I must address a narrative being propagated, a ..
Fitch signals Sri Lanka politics positive | Daily FT
Oct 10, 2024 · 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 the …
Political rupture in Sri Lanka: What lies ahead? | Daily FT
Oct 8, 2024 · 21 September was a day of many firsts in Sri Lanka. Millions of people went to the polls to vote in the first Presidential elections since mass protests forced the country’s last elected president, Gotabaya Rajapaksa, from office in 2022. 1, 2 It also marked the first time in Sri Lanka’s history that a second round of counting had to take place after none of the candidates secured the 50% ...