The Central Bank of Sri Lanka (CBSL) compiles and analyses several indicators, in order to monitor the developments in the real estate sector. Accordingly, the Land Price Index (LPI) is compiled biannually covering the Colombo District since 1998. In the compilation process of LPI, CBSL uses the land price data collected by the Valuation Department…
The business confidence gauge remains intact for the time being ahead of more elections In early December, Sri Lanka formally handed over the Hambantota Port to China on a 99 year lease despite criticism that the move could lead to an erosion of the country’s standing as a sovereign state. The southern port has incurred…
Perceived Economic Opportunity PEO: October, 2017 This brief report of the Perceived Economic Opportunity (PEO) presents the analysis of a random survey carried out using a random sample of 400 men and women covering all districts in Sri Lanka on their expectations of economic prospects in the ensuing twelve months. STATUS OF JOB PROSPECTS…
Perceived Economic Opportunity PEO: September, 2017 This brief report of the Perceived Economic Opportunity (PEO) presents the analysis of a random survey carried out using a random sample of 400 men and women covering all districts in Sri Lanka on their expectations of economic prospects in the ensuing twelve months. STATUS OF JOB PROSPECTS…
Truecaller, the world’s most used Caller ID & Spam Detection app, recently announced some revealing stats on spam and scam calls in Sri Lanka. Unwanted spam calls are on the rise around the globe, and the situation is no different in Sri Lanka. The recently published Truecaller Insights: ‘Top Spammers in Sri Lanka in 2017’…
~ An evidence-based article amidst public confusion for intelligent readers By Chathura Subasinghe The Shipping industry in Sri Lanka is already liberalized. All aspects of the Shipping Industry except for Agency is liberalized. This includes: terminals, warehouse and depot infrastructure, ancillary service infrastructure etc. which constitute a maritime hub where foreign entities can have 100%…
Perceived Economic Opportunity PEO: August, 2017 This brief report of the Perceived Economic Opportunity (PEO) presents the analysis of a random survey carried out using a random sample of 400 men and women covering all districts in Sri Lanka on their expectations of economic prospects in the ensuing twelve months. STATUS OF JOB PROSPECTS…
The unique index returns to triple digits albeit with little cause to rejoice Sri Lanka’s economy grew by four percent year on year in the second quarter of 2017, improving on the 3.8 percent acceleration in the previous quarter, according to the Department of Census and Statistics, with modest growth in the industry and services…
Pushpa drops her youngest son off at the day care centre at St. Theresa’s Church in Thimbirigasaya every day. The 37-year-old then heads to work as a maid. There are days when this routine becomes impossible. If her child is feverish, for instance, the day care won’t accept him because he may infect the other…
There is little argument that both Colombo and the city of Galle are two of the most developed urban regions in Sri Lanka. What’s significantly common about these two regions is that they are not just economically developed, but they are also highly celebrated travel destinations that offers so much for locals as well as…
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