THE ECONOMY
Sri Lanka’s economy recorded a contraction of 3.6 percent in 2020 compared to the expansion of 2.3 percent registered in the previous year
BUSINESS SENTIMENT
As far as biz sentiment goes, 2020 had its ups and downs – the LMD-Nielsen Business Confidence Index (BCI) oscillated between a high of 174 basis points
BURNING ISSUES
All but nine percent of respondents to the latest LMD-Nielsen Business Confidence Index (BCI) survey cite the impact of the coronavirus as being
THE ECONOMY
In the eyes of Sri Lanka’s business community, the economic outlook for the 12 months ahead is being viewed with less optimism than a month ago, according
BUSINESS SENTIMENT
With the novel coronavirus persisting for nearly a year, economies the world over are looking for some form of relief courtesy of vaccines
BURNING ISSUES
All but two percent of respondents to the latest LMD-Nielsen Business Confidence Index (BCI) survey point to the impact of the coronavirus
THE ECONOMY
Sri Lanka’s economy registered an increase of 1.5 percent year on year in the third quarter of 2020, according to a statement issued
BUSINESS SENTIMENT
Following a gruelling nine months for business in general and tourism in particular, the authorities finally announced that Sri Lanka
BURNING ISSUES
With the virus caseload and number of fatalities growing by the day, ever more respondents to the LMD-Nielsen Business Confidence Index (BCI)
THE ECONOMY
Sri Lanka’s economy experienced an unprecedented contraction in the second quarter of 2020 with real GDP falling by 16.3 percent year on year, according to a statement issued by the Department of Census and Statistics (DCS)
BUSINESS SENTIMENT
While all eyes may have been on a presidential election in a land hundreds of thousands of miles away, closer to home, the situation appears to have
BURNING ISSUES
As the prevalence of the coronavirus continues to gather pace, so too does the level of concern regarding the pandemic with the impact of COVID-19 being cited
THE ECONOMY
Sri Lanka’s external sector recovered further in September, “supported by the continued improvement in the trade deficit, a notable increase in workers’ remittances
BUSINESS SENTIMENT
With the emergence of a new cluster of COVID-19 cases in early October, the Ministry of Health sought to gazette new regulations
BURNING ISSUES
In a reflection of the general mood surrounding the COVID-19 pandemic, it is the impact of the coronavirus that’s emerged as the most pressing