manusath-derana

Analysis

Businesspeople project a broadly negative outlook for the national economy

The Sri Lanka Economic Summit 2018 organised by the Ceylon Chamber of Commerce was held last month with a focus on turning around the economy following weak growth, rising global commodity prices and uncertainty surrounding global trade. A statement issued by the chamber notes that the emphasis would be on “shaping a turnaround for the…

(0)Comments | July 9, 2018 10:14 am

Business Sentiment – Confidence Heads Back Down

Biz folk are less than impressed with the turn of events on the national stage The depreciation of the Sri Lankan Rupee has come into greater focus with the currency trading close to the psychological barrier of Rs. 160 to the US Dollar in recent times. A sum of nearly US$ 220 million in foreign…

(0)Comments | July 9, 2018 9:48 am

Sri Lanka’s Economic Sentiment Remains Dull – Survey

Recently released LMD-Nielsen Business Confidence Index (BCI) survey reveals that economic optimism in May this year remained relatively unchanged from the previous month, and analysts also highlight that economic sentient remains dull. Although 7% (up from 5% in the previous month) of corporate executives believe economic conditions will improve over the next 12 months according…

(0)Comments | June 20, 2018 8:03 am

Business Sentiment – Confidence Claws Its Way Up

Businesspeople are taking heart from the absence of majorly negative events The dreaded fuel price increase came into effect at state owned petrol stations across the land in May, bringing them in line with the formula based pricing mechanism adopted by the government to comply with IMF lending criteria in the main. This led to…

(0)Comments | June 8, 2018 8:20 am

Real estate ‘hotspots’ in Sri Lanka’s South-West quadrant

~ The impact of infrastructure – Steven Mayes, Managing Director, JLL Lanka Much has been made in the media lately, about foreign direct investment in infrastructure in Sri Lanka, principally from China, and concerns about Sri Lanka becoming over reliant on such sources for its development. There has been less discussion as to how new…

(0)Comments | May 31, 2018 8:41 pm

Sri Lanka: LMD-NIELSEN’s Business Confidence Index at a Near 6 year low

The latest edition of renown business magazine LMD reports a decline of 19 basis points in the LMD-Nielsen Business Confidence Index (BCI). Whilst it had fell to 98 in April, a 70-month low or the lowest in 6 years, LMD notes that this is the second time the index has fallen below the 100 mark…

(0)Comments | May 20, 2018 6:16 pm

‘Optimism continues to trend down’ – LMD Opinion Poll on Economy

“The downward trend in sentiment continues on the back of below par economic growth”, Sri Lanka’s leading Business Magazine LMD said in a recent Opinion Poll on country’s economy in a comprehensive report. “Optimism regarding the economy continues to dwindle as a mere five percent of respondents (vs 11% in March) expect an improvement over…

(0)Comments | May 19, 2018 8:04 pm

Mitigating the impact of a busy lifestyle on your nutritional health

Interview on Food Safety and Nutrition with Dr. Krishanthi Premarathne The great majority of people will experience a food borne disease at some point in their lives. This highlights the importance of making sure the food we eat is not contaminated with potentially harmful bacteria, parasites, viruses, toxins and chemicals. Food can be contaminated at…

(0)Comments | May 9, 2018 12:44 pm

Expectation For Reduction Of Corruption Increased In The First Quarter Of 2018

Perceived Economic Opportunity PEO: First Quarter 2018 (January, February & March)   STATUS OF JOB PROSPECTS OR BUSINESS PERFORMANCE   Analysis of the perceived economic opportunities in the months of January, February and March 2018 indicate that the expectations in terms of job prospects of people or developing the status of their business in the…

(0)Comments | May 1, 2018 11:28 am

The Glyphosate Story – CKDu, food security and national economy

• Time-tested weed control techniques/tools such as glyphosate, have been removed without scientific proof, affecting our food security and national economy • The ban has opened up avenues for business crooks to import the product illegally • Glyphosate ban should be lifted and we should continue research on effective and economically viable alternatives By Professor…

(0)Comments | April 18, 2018 9:14 pm