manusath-derana

Analysis

What ails the Sri Lanka Tea Industry?

With regards to the current crisis facing the tea industry in Sri Lanka, the Tea Exporters Association released the following article on what ails this industry. What ails the Sri Lanka Tea Industry? 1. Recognition of the different industries under tea – There are two different sectors in the Tea Industry, the Plantation/Growers sector and…

(0)Comments | October 10, 2016 2:26 pm

August tourist arrivals up by 11.8%

Tourist arrivals to Sri Lanka have recorded a figure of 186,288 for the month of August 2016, the latest report of the Sri Lanka Tourism Development Authority has revealed. Compared to the corresponding month in 2015 where tourist arrivals had been 166,610, this is a growth of 11.8 per cent. Meanwhile, tourist arrivals within the…

(0)Comments | September 7, 2016 2:53 pm

Colombo’s Office Market – A steady return yielding asset class in real estate

~ Gagan Singh, Chairperson – Jones Lang LaSalle Sri Lanka Financial indicators in the commercial office market are considered as the mirror of the demand and supply situation. Currently, as the Colombo office market witnesses occupancy levels as high as 95%, occupiers intending to expand are likely to face a scarcity of options as the…

(0)Comments | August 31, 2016 9:44 pm

Audience Polls at Economic Summit Reveal Pessimism on Policy Performance; but Strong Support for PPPs, Freeing up Trade and Logistics

By the Economic Intelligence Unit, Ceylon Chamber of Commerce Participants at the recently concluded Sri Lanka Economic Summit are optimistic about the government’s ability to deliver economic results in the next four years, but are critical of the progress made so far and have mixed views about Budget 2017, according to a survey conducted at…

(0)Comments | August 16, 2016 12:22 pm

Global Study Reveals Businesses and Countries Vulnerable Due to Shortage of Cybersecurity Talent

Intel Security, in partnership with the Center for Strategic and International Studies (CSIS), has just released Hacking the Skills Shortage, a global report outlining the talent shortage crisis impacting the cybersecurity industry across both companies and nations. A majority of respondents (82 percent) admit to a shortage of cybersecurity skills, with 71 percent of respondents…

(0)Comments | August 10, 2016 11:07 am

Sri Lanka debuts within the biennial JLL Global Transparency Index 2016 on the back of strong economic reforms

~ Growing Services sector, upcoming Infrastructure Investments and increased global investor interest slots the country favourably against others to move up the transparency rankings over next few years. JLL’s Global Real Estate Transparency Index (GRETI) 2016 is out and Sri Lanka has made its debut in this highly-credible and well-known index. Compared to similar market…

(0)Comments | July 13, 2016 8:29 pm

June tourist arrivals on the up: 16.2% growth during first six months of 2016

Tourist arrivals into Sri Lanka 964,267 during the first six months of 2016, which is a growth of 16.2 per cent when compared against the same period of last year, reveal latest statistics. Sri Lanka Tourism Development Authority recently released its latest data according to which 118,038 tourists have arrived in Sri Lanka during June…

(0)Comments | July 5, 2016 11:55 am

The Rise of Apartments in Colombo

Apartments have gained a high demand and are known to be one of the fast selling types of Real Estate. Notable projects have been carried out by various developers which have earned them a high rank in the real estate market. Lamudi explores how the rise of apartments have made an impact on the real…

(0)Comments | March 27, 2016 10:07 pm

Real Estate Growth In Colombo

Lamudi Sri Lanka explores how the real estate market in Colombo has changed When it comes to searching for real estate, Colombo is the most popular area in Sri Lanka for property-seekers. According to Lamudi Sri Lanka, more than 70 percent of website searches are for property in the country’s commercial capital. Property demand in…

(0)Comments | February 18, 2016 1:27 pm

Scarcity of multi-tenanted Grade A office buildings in Colombo

Ms. Gagan Singh, Chairperson – Jones Lang LaSalle Sri Lanka In office real estate, vacancy levels in prime commercial areas play a vital role in deciding who shall have the better bargaining power while executing the transactions. Minimal vacancy levels in commercial pockets give developers an edge while negotiating. Office occupiers always find it tough…

(0)Comments | February 14, 2016 6:54 pm