manusath-derana

Analysis

The importance of investing and staying invested in Sri Lankan real estate

By Pranav Desai, Executive Director, Iconic Developments Ltd. The construction sector has been a highly dynamic and vibrant contributor to national economic growth in post-war Sri Lanka, most recently recording a staggering growth rate of 9.3% in the second quarter of 2017. Naturally, this boom in the construction sector has not gone un-noticed with a…

(0)Comments | October 17, 2017 7:32 pm

Six reasons why Sri Lanka needs to boost its ailing private sector

Sri Lanka experienced strong growth at the end of its 26-year conflict. This was to be expected as post-war reconstruction tends to bring new hope and energy to a country. And Sri Lanka has done well—5 percent growth is nothing to scoff at. However, Sri Lanka needs to create an environment that fosters private-sector growth…

(0)Comments | October 9, 2017 3:03 pm

Business Confidence Crashes-LMD

The perilous state of the nation sends the sentiment index into a tailspin 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 and grow government revenue as outlined by the International Monetary Fund (IMF) when it approved a three…

(0)Comments | October 6, 2017 10:24 am

The Expectation Of Reduction Of Corruption In Sri Lanka Grows Higher

Perceived Economic Opportunity PEO: June, 2017 This brief report of the Perceived Economic Opportunity (PEO) presents the analysis of a random survey carried out using a sample of 400 men and women in June 2017 covering all districts in Sri Lanka on their expectations of economic prospects in the ensuing twelve months. STATUS OF JOB…

(0)Comments | September 23, 2017 8:34 am

Paving the way for BIGDATA Analytics in Sri Lanka

By Zahir Fuard: Sri Lanka is a land which is well acquainted with the concept of precognition, and a persistent desire to predict the future. Even the most rational among us cannot help but be tempted by the idea. If you knew what was coming tomorrow, would you act differently? What would you do? How…

(0)Comments | September 13, 2017 11:56 am

In India, diesel cars killing air: Study

NEW DELHI: An international study, testing on-road emissions of passenger cars in India, says a diesel SUV may be emitting 25 to 65 times more oxides of nitrogen (NOx) than a small petrol car. On-road emissions of diesel cars may also be far higher than their emissions under lab certification conditions, it adds. The study,…

(0)Comments | August 13, 2017 9:35 pm

Rise Of Job Expectation And Ability To Save Despite The Decrease Of Expectation Of Reduction Of Corruption

Perceived Economic Opportunity PEO: May, 2017   This brief report of the Perceived Economic Opportunity (PEO) presents the analysis of a random survey carried out using a sample of 400 men and women in May 2017 covering all districts in Sri Lanka on their expectations of economic prospects in the ensuing twelve months.   Status…

(0)Comments | August 9, 2017 1:49 pm

Veteran stories from 150 years of Pure Ceylon Tea: Jayantissa Ratwatte

Having travelled the plantations extensively with some of his kinsmen who were already in the tea industry as a school boy during the 1950s, Jayantissa Ratwatte was a frequent visitor to the island’s hill country tea plantations and so the transition from books to tea was quite an organic one. Continuing a tradition that started…

(0)Comments | August 2, 2017 12:06 pm

Blind Men and the ‘Glyphosate Elephant’

Dr. Parakrama Waidyanatha, BSc, MSc (Cey.), PhD (London), DIC: The recent sentimental assertions of representatives of three NGOs, Peoples Planning National forum, Movement of Land and Agriculture Reforms and the Peoples Movement of Plantation Lands Right in relation to the issue of glyphosate is reminiscent of the proverb of the blind man and the elephant,…

(0)Comments | July 27, 2017 10:33 pm

NDB records highest ever Profit After Tax of LKR 2.3 billion for the first half of 2017

· PBT records 70% YOY growth to reach LKR 3.8 bn · Sound Balance Sheet expansion with 11% growth in advances and 17% growth in deposits in 6 months · NPLS further improves to 2.2% · Bolsters the results achieved in Q1 2017 with a sustainable growth momentum National Development Bank PLC (NDB) concluded the…

(0)Comments | July 26, 2017 11:41 am