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Russia-Ukraine Conflict: Economic Implications for Sri Lanka
By Asanka Wijesinghe The Russian invasion of Ukraine deepens the existing global economic woes – persistent supply chain bottlenecks and associated rising inflation – clouding the prospects of a smooth global economic recovery from…
Sri Lanka’s SME Business sentiment remains pessimistic in June
Business sentiment among Sri Lanka’s small and medium-sized enterprises (SMEs) remained pessimistic with an overall score of 36.3 out of 100, ‘SME pulse’ survey conducted by Sri Lanka@100. SME pulse computes…
Indian and Chinese multinational corporations and financial institutions could influence the proposed ban on agrochemicals imports into Sri Lanka
A Sri Lankan-based leftist agrarian movement warned the government of possible influences by Indian and Chinese multinational corporations and financial institutions to do away with the recent decision to ban…
Adani Group’s T K Kannan appointed to Watawala Plantation Board as an Alternate Director
Adani Group’s T K Kannan is appointed as an Alternate Director to Madhu Ramachandra Rao in the Board of Sri Lanka’s Watawala Plantation PLC with effect from today. Kannan, who…
Sri Lanka emerging as a small, yet growing market for U.S consumer food products in South Asia
Sri Lanka which has the highest per-capita GDP in South Asia has emerged as a small, yet growing, consumer food products market for the exporters of the United States, according…
Sri Lanka allows importation of special bamboo sticks for incense stick production with tax relief
Sri Lanka’s Cabinet of Ministers decided to allow importation of special bamboo sticks for incense stick production with tax relief citing shortages in sourcing these bamboo sticks locally. The proposal…