economic Archives

September 30, 2024

September 26, 2024 – Colombo: Sampath Bank proudly announces the commencement of the restoration of its 25th tank under the Bank’s flagship sustainability initiative, the ‘Wewata Jeewayak’ tank restoration programme with the technical support of Mahaweli Authority of Sri Lanka recently. This milestone was marked with a groundbreaking ceremony at Aralaganwila, encompassing the restoration of […]

September 19, 2024

Sri Lanka is at a pivotal point, experiencing a demographic transition that presents unique opportunities for economic and social growth. With a large portion of the population in the 15-29 age group, there is an urgent need to provide sustainable employment solutions for the country’s youth, particularly those in rural areas. Amidst challenges like unemployment, […]

August 8, 2024

In the backdrop of Sri Lanka making its way back from its most devastating economic crisis, the Institute of Chartered Accountants of Sri Lanka held its 3rd Annual Economic and Tax Symposium recently, under the theme ‘Shaping Fiscal Foundations: Tax Policy as a Catalyst for Sustainable Economic Growth’. Attended by a cross section of representatives […]

May 29, 2024

There is a growing discussion in Sri Lanka about people’s desire to leave the country, especially within its current politico-economic context. According to the Sri Lanka Opinion Tracker Survey (SLOTS) conducted in 2021, 01 in 16 Sri Lankans have plans to migrate and most of them are young or educated. Confirming the above statement, the […]

November 28, 2023

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By Rohan Parikh, Chairperson of Iconic Developments In recent times, it’s evident that fiscal, monetary, and tax policies have a significant impact on the real estate sector, especially in Sri Lanka as it undergoes economic changes. In this article, we’ll explore how economic policies affect real estate and why it’s essential […]

October 30, 2023

By Rohan Parikh, Chairperson of Iconic Developments In the world of investments, where variables abound, real estate stands as a symbol of unwavering stability. Its intrinsic qualities and unyielding demand make it a fortress against the erosive forces of inflation and economic turbulence. As we delve into this discussion, we take a […]

September 18, 2023

By Thushara Rathnaweera, Head of Mobile Experience at Samsung Electronics (Sri Lanka) In the intricate web of today’s global economy, a burning issue demands our immediate attention, which is the challenge of parallel imports, often referred to as ‘grey goods.’ As the Head of Mobile Experience at Samsung Sri Lanka, I consider it […]

June 14, 2023

The Secretariat of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) in Dhaka hosted a reception on 06 June 2023 to mark the occasion of the 26th BIMSTEC Day, the anniversary of the signing of the Bangkok Declaration which is the founding document of BIMSTEC, on 06 June 1997. […]

June 7, 2023

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Colombo, Sri Lanka – June 2023: The Colombo Port City Economic Commission (the “Commission”) is proud to announce a significant milestone in its mission to establish the Colombo Port City special economic zone, as a globally competitive business environment. In line with the Colombo Port City Economic Commission Act, the Commission entered […]

June 7, 2023

Sri Lanka’s national LPG supplier, Litro Gas Lanka Limited, recently reaffirmed its commitment to ensuring an empowered nation through the transformative power of Liquid Petroleum Gas (LPG), which is the cleanest and most sustainable energy source at present. The organization highlighted its vision to propel the transformative process by empowering three key […]

Sampath Bank Marks Milestone with 25th Tank Restoration, Uplifting 352 Families

IIHS opens global careers for Sri Lankan youth in nursing

CA Sri Lanka’s 3rd Annual Economic and Tax Symposium Explores Ways to Use Tax Policy as a Catalyst for Sustainable Economic Growth

Youth Migration: Understanding the Current Context

Economic Resilience in Real Estate: Navigating Fiscal, Monetary, and Tax Policies

Inflation-Resistant Investments: The Stability of Real Estate in Turbulent Economic Times

Tackling the Urgent Challenge of Parallel Imports for Accelerated Economic and Industrial Recovery

26th BIMSTEC Day

The Colombo Port City economic commission partners with international ADR Center to establish a dispute resolution hub

World LPG Day 2023: Litro Gas reaffirms commitment to propel social, environmental & economic transformation through clean energy