CCC STATEMENT ON BUDGET 2017
Budget 2017 has signaled continuity in the economic policy priorities of the government, following from Budget
SRI LANKA REVENUE REFORM
Sri Lanka's budget for 2017 is broadly in line with the targets set out under its IMF programme, and contains a number of positive
DR. PATRICK DIXON ON SRI LANKA’S FUTURE
Dr. Patrick Dixon, a globally acclaimed futurist and a growth strategist says he is very upbeat about Sri Lanka’s future and our
SRILANKAN AIRLINES
SriLankan Airlines emphasised its positioning as an airline of choice among discerning global travellers by winning the ‘Best Full
SOUL COFFEE
Soul Coffee introduces its latest innovation, coffee bags, to the country. A first of its kind in the market, the specially
ALCOHOLIC BEVERAGES OUTLOOK
Fitch Ratings believes firm demand will absorb higher prices caused by the introduction of value added tax (VAT).
CONSUMER DURABLES OUTLOOK REPORT 2017
Fitch Ratings expects demand for consumer durables to be sluggish in 2017 due to a tightening in monetary and fiscal policies
PEOPLE’S LEASING & FINANCE
People’s Leasing & Finance bagged two Silver awards under the financial products and services category at the
98 ACRES RESORT & SPA
98 Acres Resort & Spa won World Luxury Hotel Awards 2016 in the category of ‘World Best Mountain Hotel’ global award and
PEOPLE’S BANK
People’s Bank announced that its YES Savings Account has been bestowed with the Gold award for ‘Service Brand of the Year,’
NORITAKE LANKA PORCELAIN
Noritake Lanka Porcelain, a sought-after porcelain brand in Sri Lanka, recently expanded its chain of retail networks
SARAII VILLAGE
Sometimes, it pays to be a writer. It pays doubly when you clinch yourself a client who owns a treehouse
INTERNAL TRADE
The Sri Lankan Government will sign a Memorandum of Understanding (MoU) with a Chinese consortium by January
ASIAN TELCOS COME UNDER PRESSURE IN 2017
Fiercer competition and rising capex needs will put pressure on the credit profiles of most Asian telcos over the next year
PAN ASIA BANK
Pan Asia Bank joined hands with Rotary Club of Colombo Metropolitan as Gold sponsor for its charity golf tournament
JAT HOLDINGS
JAT Holdings announced that it has been named Sri Lanka’s Best Employer Brand, an award conferred by the Employer
GOVERNMENT FINANCE
Sri Lanka’s Minister of Finance Ravi Karunanayake assured that Budget 2017 is a development-oriented budget
DENGUE THREAT ON THE RISE
Nearly 70 people are reported to have died of dengue fever in Sri Lanka this year, and given the onset of monsoonal rains
BAN ON CINNAMON IMPORTS AND RE-EXPORTS
Fuelled by the country’s intention to reach the target of US$ 1 billion from its spice sector in 2020
NUMBER OF ACCIDENTS EDGES HIGHER
Sri Lanka has witnessed 29,630 accidents and 2,207 deaths in the nine months to September
