Crisis Archives - Page 2 of 3 - Lanka Business News

July 28, 2022

In response to the crisis in Sri Lanka, Daraz launched a “Buy1Give1” program in May 2022. The aim of Buy1Give1 was to provide some relief to vulnerable communities, while enabling consumers to transform everyday activities like buying groceries into high-impact, meaningful actions. Daraz is committed to creating a world full of giving, and to further […]

July 28, 2022

Remote-Training-Image-freepik.com-LBN-Fill.jpg

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 […]

April 22, 2022

As a corporate citizen and member of the business community, the John Keells Group has been gravely concerned with the dire economic circumstances facing the country, which require immediate remedial measures. Whilst we note the positive developments in relation to the engagement with the International Monetary Fund (IMF) and the commencement […]

April 21, 2022

On the 4th of April, MAS issued a statement expressing support of our citizen’s right to participate in peaceful protests and the freedom of expression. Given the ensuing events, MAS reiterates the need for immediate and decisive action to resolve the current economic and social crisis, in a peaceful and sustainable manner. As a […]

April 7, 2022

Urges all parties to put differences aside and work together to resolve crisis In a recent statement, the apparel industry has urged all stakeholders to put aside differences and work together to resolve the current crisis, which has imposed severe hardships on people and hampered the economy. If the current macroeconomic […]

Daraz Buy1Give1 reaches out to more than 1000 families in vulnerable communities

Become a Mobile App Developer and Earn in USD

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

Our country is facing its most significant and challenging crisis – economically, politically and socially.

MAS Holdings’ Statement on Sri Lankan Crisis

JAAF demands immediate solutions, end to Government’s procrastination