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
TALKING POINT
The postwar era has seen a boom in real estate and construction in Sri Lanka with funds flowing thick and fast into these
BUSINESS SENTIMENT
Dim prospects on the economic front put corporates on the back foot
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
TALKING POINT
China and India are the two most populous countries and fastest-growing major economies in the world. Historically, they
BUSINESS SENTIMENT
These days, Sri Lanka is facing challenges on multiple fronts on a scale an island its size is barely equipped to handle. On the one hand are issues warranting
BURNING ISSUES
Corporate executives continue to consider taxes to be the most pressing issue for business in Sri Lanka with as many as 71 percent (down from 77% in the prior
