Land prices bounce back to growth in the latest Land Price Index by LankaPropertyWeb. The overall land prices in the Western Province increased by 7.8% compared to the previous year, according to the 2024 Western Province Land Price Index (LPI), developed by LankaPropertyWeb (LPW). The Land Price Index (LPI), updated annually, monitors the trends in…
Ms. Punyamali Saparamadu, Senior Vice President of the CSE Commercial Division, providing a detailed overview on the strategies adopted by CSE to stimulate growth and broaden its revenue sources. Her insights also highlight the new product portfolio as well as issuer relations initiatives of the Colombo Stock Exchange. Can you talk about the role your…
People of various origins from all corners of the globe inhabited Sri Lanka long before ‘paper’ was invented by the Chinese. When British introduced democratic governance on a ‘paper’ Sri Lankans started editing it in 1948 calling it their constitution. Constitution helps to prevent conflicts but Sri Lankans were conflicting & ended in an economic…
The Economy – Mixed Economic Sentiments Businesses are still wrestling with uncertainty – a familiar challenge in recent times. The latest results from the LMD-PEPPERCUBE Business Confidence Index (BCI) survey reflect a mixed bag in the context of economic sentiment. While there are some positive indicators, several negatives persist. THE ECONOMY In April, only 28 percent of…
Buddhist philosophy (Dhamma) provides intelligence to prevent & resolve conflicts within individuals & among them. So far it isn’t clear if proper studies have been done to quantify its contribution to prevent & resolve conflicts globally. The Buddha advised rulers to treat their subjects with; generosity, gentle words, working for public benefit & treating all…
Fitch Ratings: Fitch Ratings believes that policies designed to support exchange rates are unlikely to pose significant near-term risks to the credit profiles of APAC investment-grade sovereigns, but any deterioration of official reserve buffers could pose greater risks to vulnerable ‘frontier markets’ in the region. A number of APAC governments have recently demonstrated concern about…
Chinese leader Xi Jinping returned home after visiting Serbia, Hungary & France last week. France colonized southern parts of Great China (French Indochina) decades ago & therefore, Sino-French socio economic connectivity is centuries old but not as old as Sino-Lanka relations. China & France are permanent members of the UN Security Council. France is China’s…
Pakistan’s total external debt stocks owed to China has surged from $7.6 billion in 2016 to $26.5 billion in 2022 Debt owed by various countries, especially in South Asia and Africa, to China has multiplied in recent years. China is either the sole or the major lender for the majority of these countries. In other…
By Dr Kiruthika Natarajan, Dr Manoj Thibbotuwawa, and Dr Suresh Babu Protein consumption of the Sri Lankans who are recovering from the economic crisis has been severely affected by their food coping strategies. Pulses, which are high in the quality and quantity of protein, make up only 8% of the nation’s protein intake. Sri Lanka…
Fitch Ratings: Fitch Ratings believes a sustained period of US dollar (USD) strength against emerging market (EM) currencies could weigh on some EM sovereign credit profiles, potentially softening the current positive ratings momentum for EMs. Most at risk in such a scenario – which does not form part of our base case for 2024-2025 –…
Video Story
