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
THE ECONOMY
Manufacturing activities in Sri Lanka expanded at a higher rate in September than the previous month, according to the Purchasing Managers’ Indices
BUSINESS SENTIMENT
Sri Lanka’s GDP is forecast to contract by 5.5 percent this year, according to a recent update
BURNING ISSUES
The most pressing issue for business in Sri Lanka today continues to be the impact of the coronavirus with 79 percent
THE ECONOMY
“Sri Lanka’s external sector recovered further in July, supported by an increase
BUSINESS SENTIMENT
While the plaudits for Sri Lanka’s COVID-19 response continued to flow in and the successful conclusion of a largely peaceful