Sri Lanka PM encourages entrepreneurs in North with tax concessions to uplift local economy
Sri Lanka’s Prime Minister Ranil Wickremesinghe offered tax relief for 300 percent of the income from capital investment to entrepreneurs…
Tag: economic growth
Govt. amends NBT
By Ashwin Hemmathagama Parliament yesterday approved the Nation Building Tax (NBT) (Amendment) Bill with changes allowing several sectors to be…
Presidential-aspirant Gota gets going on Vision 2030
Over 2,000 professionals and business leaders attend Viyathmaga forum titled ‘An Intellectually Inspired Sri Lanka 2030’ Says faster economic growth hinges on…
Challenging political environment impeding reforms is a key risk for Sri Lanka’s growth, World Bank warns
The World Bank projecting an economic growth of 4.8 percent for Sri Lanka this year warns that while the economic…
Weather, debt repayments major challenges for Sri Lanka’s growth in 2018 – ADB
The Asian Development Bank (ADB) says Sri Lanka’s economic growth over the next two years will depend on agriculture and…
Asia will grow at 6-pct in 2018, Trade risk warnings: ADB
The Asian Development Bank raised its 2018 economic growth estimate for developing Asia to 6.0 per cent from 5.8 per…
Private investment is the key for economic growth, Sri Lanka Finance Minister emphasizes
Sri Lanka’s Minister of Finance and Mass Media Mangala Samaraweera emphasizing that private investment is the key for economic growth…
2017 sinks to slowest economic growth in 16 years
Department of Census and Statistics releases official GDP data for 2017 Economy grew by 3.1%; agriculture down by 0.8%; industry…
Creating an environment conducive to SME growth is integral to achieve economic growth in Sri Lanka – ADB
The ability of small and medium-sized enterprises (SMEs) to establish themselves and scale their operations is integral to Sri Lanka…
Further economic grants to Sri Lanka from US Millennium Challenge Corporation
Following its competitive selection by the US Millennium Challenge Corporation (MCC) for grant assistance, the Government of Sri Lanka (GoSL)…