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…
“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…
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…
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…
• 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…
Businesspeople recoil in the face of post-poll concerns and mounting civil unrest A tumultuous period followed the recent local government (LG) elections, which saw a perceived shift in power within the government and led to uncertainty regarding how the coalition partners might proceed. The climate of uncertainty was soon exacerbated by racially motivated riots by…
Despite first being established in 1968 on Watawala Plantations’ Nakiyadeniya Estate in the Galle district, oil palm has until recent times gone under the radar as one of Sri Lanka’s most promising cash crops. While this is true both in terms of its ability to generate substantial profits for estates and the remarkably positive socio-economic…
~ Climate change likely to result in higher levels of rainfall in wet-zones and more severe droughts in dry zones ~ Reducing gap between day and night temperatures likely to limit growth of susceptible cash crops ~ Crop diversification and Agro-ecological intensification the only viable strategy for agri, plantation sectors and Sri Lankan economy as…
Global real estate consultancy Jones Lang La Salle (JLL) recently announced the company’s predictions for Sri Lanka’s commercial office and retail markets in 2018, identifying opportunities related to the increased investments in the country and broad challenges in the face of policy inconsistency and a tighter fiscal environment. JLL is a professional services and investment…
Headline Inflation, as measured by the change in the National Consumer Price Index (NCPI, 2013=100), which is compiled by the Department of Census and Statistics (DCS), decreased to 3.2 per cent in February 2018 from 5.4 per cent in January 2018, on year-on-year basis. The high base prevailed in February 2017 as well as the…
Video Story
