The millennial generation, or Gen Y, is considered to be anyone born between 1980 and the late 90s. The bulk of this generation has graduated college/university. They have jobs, and are looking to live independently. Looking at household living patterns across the globe it is evident that Millennials prefer vertical living options for a number…
WASHINGTON – Possible protectionism in advanced economies should not deter export-oriented growth in South Asia, a region that could even benefit from the backlash against globalization, a new World Bank report said. The report also confirms that South Asia remains the fastest-growing region in the world, gradually widening its lead relative to East Asia. Regional…
Rreuters – Sri Lankan shares extended gains for an eleventh straight session, posting their biggest single-day gain in more than two years, as foreign investors aggressively bought blue chip stocks. The Colombo stock index ended 1.55 percent firmer at 6,402.99, its highest close since Nov. 15, 2016. The index recorded its biggest percentage gain since…
Reuters – Sri Lankan shares rose for the tenth straight session on Tuesday to close at their highest in nearly four months, helped by positive sentiment over continued foreign buying in blue chip stocks. The market has seen fund inflows for 15 straight sessions through Tuesday, with foreign investors buying net 4.9 billion worth of…
Reuters – Sri Lankan shares rose for an eighth straight session on Thursday to their highest close in nearly four months led by blue chips such as Ceylon Tobacco Company Plc and John Keells Holdings Plc as continued foreign buying boosted sentiment. The Colombo stock index ended 0.83 percent firmer at 6,250.04, its highest close…
Reuters – Sri Lankan shares rose on Wednesday to their highest close in nearly three months led by blue chips such as John Keells Holdings Plc, as continued foreign buying boosted sentiment. The Colombo stock index ended 0.84 percent firmer at 6,198.32, its highest close since Jan. 16. The index rose 1.1 percent last week,…
By Shafraz Farook In a global survey conducted by Business Software Alliance (BSA), Sri Lanka’s rate of unlicensed software installation stood at 79 percent in 2015[1]. In other words, 8 out of 10 people had installed software products that were either unlicensed or obtained illegally. In monetary terms, that’s a commercial loss of USD 163…
Perceived Economic Opportunity PEO: January, 2017 Expectation On Ability To Save Decreses Despite The Upward Trend Of Expectation For Reduction Of Corruption With The Establishment Of A Special Presidential Commission To Investigate The Central Bank Bond Issue This brief report of the Perceived Economic Opportunity (PEO) presents the analysis of a random survey…
Five years ago, Sri Lanka’s government imposed stricter rules on visa requirements. This happened as part of an on-going process to improve administrative procedures following the end of the war in 2009. Since the new visa laws were proposed, a new government has come into power. What impact do the new visa requirements and this…
Perceived Economic Opportunity PEO: December, 2016 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 December 2016 covering all districts in Sri Lanka on their expectations of economic prospects in the ensuing twelve months. STATUS OF JOB…
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