Pro-Business Budget, but Implementation is Key: Murtaza
Advocata Institute Chairman Murtaza Jafferjee described the 2025 Budget as pro-business, emphasizing that successful implementation would be crucial for economic progress. Speaking at.
Economics
Providing analysis and commentary on key economic indicators such as GDP growth, unemployment rates, inflation, and consumer spending.
Economics
Economics
Survey Shows Steady Economic Sentiment as Confidence Strengthens
In its February edition, business magazine LMD reports that economic sentiment is steady, with an optimistic outlook prevailing as confidence strengthens amid positive.
- February 17, 2025
Economics
Japanese Firms in Sri Lanka Concerned Over Instability and Policy Uncertainty: JETRO
Japanese firms operating in Sri Lanka have expressed major concerns over political and social instability, unclear government policy management, and currency volatility, according.
- February 13, 2025
Economics
Sri Lanka Sees Rising Consumer Goods Competition as Inflation Undershoots Target
Sri Lanka’s consumer goods market is witnessing increased competition, driven by new entrants and a more stable currency, as the central bank helps.
- February 10, 2025
Economics
Govt. Unveils Vision to Revamp SOEs for a Future-Ready Economy
The Government has introduced a transformative approach to State-owned enterprises (SOEs), shifting towards a dynamic public-private partnership (PPP) model to enhance efficiency and.
- January 31, 2025
Economics
TEA Warns SVAT Abolition Will Harm Tea Exports and Smallholder Farmers’ Income
The Tea Exporters Association (TEA) has raised concerns over the proposed abolition of the Suspended VAT (SVAT) system from April 2025, warning that.
- January 31, 2025
Economics
President to Fast-Track Investment Approvals to Boost Economic Growth
President Anura Kumara Dissanayake has pledged to accelerate the approval process for new investments by streamlining bureaucratic procedures, aiming to drive higher economic.
- January 30, 2025
Economics
Container truck drivers threaten strike over delays in clearing imported containers
The Container Truck Drivers’ Association (CTDA) has issued a stern warning, threatening trade union action if delays in clearing imported containers are not.
- January 28, 2025
Economics
Prime Minister Highlights Apparel Industry’s Key Role in Economic Development
Prime Minister Dr. Harini Amarasuriya emphasized the crucial role of Sri Lanka’s apparel industry in driving economic development, calling it a ‘global leader’.
- January 28, 2025
Economics
Sri Lanka’s Low Inflation Attributed to Transitory Supply-Side Factors, Expected to Reach 5% by Q3 2025
Sri Lanka’s central bank has stated that the country’s current low inflation is due to temporary “supply-side” factors and is expected to rise.
- January 24, 2025