EXCHANGE RATES (MIDDLE RATES)
US DOLLAR: RS. 336.04 UK POUND: RS. 452.15 EURO: RS. 386.89 JAPANESE YEN: RS. 2.09 INDIAN RUPEE: RS. 3.51 AUSTRALIAN DOLLAR: RS. 235.97

BUSINESS FORUM

  • Oct- 2019 -
    1 October

    BANKING SECTOR

    The profitability of the local banking sector declined in financial year 2018/19 mainly due to a deterioration in asset quality, an increase in operating costs

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  • 1 October

    PHARMACEUTICAL SECTOR

    Multiple changes including price controls on essential drugs have made quality medicines more affordable. However, the lack of a mechanism

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  • 1 October

    CONSTRUCTION INDUSTRY

    It has been quite volatile. The boom experienced following the end of the war has tapered off. Furthermore, the inflow of foreign

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  • 1 October

    HUMAN RESOURCES

    A lack of adequate human resources in planning and forecasting as a country, brain drain and an inability to offer a competitive quality

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  • 1 October

    SRI LANKANS OVERSEAS

    A majority of Sri Lankans have risen to the challenge in the wake of 4/21. They’ve displayed a resilience and unity born of years past

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  • 1 October

    TEA INDUSTRY

    The weather is external and uncontrollable. We witnessed twice as much rain as what is normal in the first six months of 2018 but half as much in the second

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  • 1 October

    MARKETING PROFESSION

    I believe that they have; and the profession is growing with many opportunities for marketers in Sri Lanka. Local marketers have also taken on more prominent

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  • Sep- 2019 -
    1 September

    DIVERSIFIED SECTOR

    A salient advantage of a diversified entity with an export business portfolio is that domestic economic conditions would have a lesser impact

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  • 1 September

    MOTOR INDUSTRY

    Over 99 percent of commercial vehicles and more than 90 percent of passenger vehicles are leased. When credit is tightened, it has a major impact

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  • 1 September

    FMCG SECTOR

    The changes in the sector are polarised and influenced by macroeconomic factors. Those who invested or innovated have

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