BUSINESS SENTIMENT
The barometer of biz sentiment continues to record gains amid optimism on the economy
BURNING ISSUES
Sri Lankan politics reached a new low last month when fisticuffs broke out on the parliament floor between members of the government and opposition.
TALKING POINT
Sri Lanka’s parliament recently passed the government’s budget for fiscal year 2018 with a two-thirds majority. Budget 2018
BUSINESS SENTIMENT
The business confidence gauge remains intact for the time being ahead of more elections
BURNING ISSUES
All the corporate executives spoken to during the latest LMD-Nielsen Business Confidence Index (BCI) survey point to taxes being
TALKING POINT
“Against a background of sluggish global economic growth and trade performance, and growing populist sentiment
BUSINESS SENTIMENT
All eyes were on Budget 2018 as the Minister of Finance outlined the government’s fiscal agenda for the coming year on 9 November.
BURNING ISSUES
Taxation remains the No. 1 concern for corporates in the island with almost three-quarters (up from 62% in October) of those consulted for the latest LMD
TALKING POINT
Sustained high growth can only come from a dynamic and thriving private sector where businesses of all sizes and across many
BUSINESS SENTIMENT
Sri Lanka’s economy grew by four percent year on year in the second quarter of 2017, improving on the 3.8 percent acceleration in
BURNING ISSUES
Taxation continues to have a stranglehold on the corporate psyche with as many as 62 percent of respondents to the latest LMD-Nielsen
TALKING POINT
Earlier this year, it was announced that Budget 2018 would be prepared in accordance with performance based budgeting
BUSINESS SENTIMENT
The new Inland Revenue Bill was passed in parliament in early September with a view to streamline the system of taxation, broaden the tax base
BURNING ISSUES
Taxes prove to be the most pressing issue for business in Sri Lanka yet again, going by more than half (versus 71% in July) of all respondents to the
