Crisis Archives - Page 2 of 2 - Lanka Business News

July 28, 2022

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28.07.2022 – Colombo: In light of the present economic situation of Sri Lanka, the prospect of mass unemployment is high. One of the key routes out of this crisis would be to become a member of the export economy. Franklin Training is an online learning platform that provides world-class learning solutions. […]

June 9, 2022

Sri Lanka’s condominium industry has not only held up the real-estate sector but shored up the country’s economy as well amid a double crisis. A recent Cabinet decision (May 30) to abolish the concessional property exemption from the value added tax levied on condominium property could spell disaster for the industry […]

May 9, 2022

In its standing as the National Body of Accountants, the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) on Thursday submitted a comprehensive set of proposals to the Ministry of Finance focusing on reviving the country’s economy from the ongoing crisis. A high-level delegation from CA Sri Lanka led […]

May 5, 2022

Sri Lanka Institute of Marketing, the apex body for Sri Lankan Marketers, mandated to uplift the Marketing profession in Sri Lanka, empathizes with all Sri Lankans who are bravely facing the present difficulties that the country is navigating through. While this is indeed a challenging phase in the country’s history where citizens […]

May 3, 2022

Sri Lanka is currently going through what appears to be a ‘once in a generation’ crisis, both economically and politically. How would this impact the country’s real estate market, particularly the market for residential condominiums? Firstly, it’s important to understand that unlike, say, manufacturing or services, the impact on condominiums will […]

May 2, 2022

TRACE Expert City contributes to the GDP and employment of highly skilled professionals in Sri Lanka while being a catalyst for entrepreneurship, innovation, growth and sustainability of our nation. We are extremely concerned about the current economic crisis, the lethargic response of the executive and the legislature, and the continued failure to listen to […]

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New Taxes will further damage Condominium Industry’s contribution to economic growth?

CA Sri Lanka submits wide-ranging proposals to finance ministry to help revive economy

SLIM praises resilience of Sri Lankans, announces will not increase fees as a supportive measure

Assessing the impact of the current crisis on Sri Lanka’s condominium sector

TRACE emphasizes the need for urgent solutions to the current crisis