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 ..
18-member Presidential Task Force empowered to implement …
1 天前 · President Anura Kumara Dissanayake has appointed an 18-member Presidential Task Force to plan and implement the “Clean Sri Lanka” program. The initiative was first announced by Dissanayake in his inaugural address to Parliament. The Task Force members and its objective was made official via an Extraordinary Gazette Number 2415/59 dated 19 December 2024. The members of the Task Force are ...
Economy grows by 5.5% in 3Q, powered by industrial sector
4 天之前 · Sri Lanka’s economy grew by 5.5% year-on-year (YoY) in the third quarter of 2024 — highest since 2021, whilst continuing the upward momentum seen since September 2023. In terms of quarter-on-quarter, 3Q performance was higher than 4.7% growth achieved in 2Q. The Department of Census and Statistics (DCS) said 3Q positive growth was driven by the industry sector accounting for 27.3% of the ...
Sri Lanka's only national business newspaper | Daily FT
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President announces PAYE tax relief | Daily FT
3 天之前 · 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. ..
Untold lessons: Economic insights from history for Sri Lanka’s crisis ...
1 天前 · 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. ..
Sri Lanka's only business publication - Daily FT
3 天之前 · 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 :
Sri Lanka's only national business newspaper | Daily FT
Latest news, analysis and opinions from the Daily FT, Sri Lanka's latest business updates.
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 ..
Political rupture in Sri Lanka: What lies ahead? | Daily FT
2024年10月8日 · 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% ...