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Tag: economic growth

Sri Lanka PM encourages entrepreneurs in North with tax concessions to uplift local economy
LOCAL

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…

byFaraz Shauketaly23/07/2018
Govt. amends NBT
BUSINESSMain Story

Govt. amends NBT

By Ashwin Hemmathagama Parliament yesterday approved the Nation Building Tax (NBT) (Amendment) Bill with changes allowing several sectors to be…

byFaraz Shauketaly19/07/201819/07/2018
Presidential-aspirant Gota gets going on Vision 2030
LOCALMain Story

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…

byFaraz Shauketaly14/05/201814/05/2018
Challenging political environment impeding reforms is a key risk for Sri Lanka’s growth, World Bank warns
BUSINESS

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…

byFaraz Shauketaly17/04/2018
Weather, debt repayments major challenges for Sri Lanka’s growth in 2018 – ADB
BUSINESS

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…

byFaraz Shauketaly13/04/2018
Asia will grow at 6-pct in 2018, Trade risk warnings: ADB
BUSINESS

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…

byFaraz Shauketaly12/04/2018
Private investment is the key for economic growth, Sri Lanka Finance Minister emphasizes
BUSINESS

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…

byFaraz Shauketaly22/03/2018
2017 sinks to slowest economic growth in 16 years
BUSINESSMain Story

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…

byFaraz Shauketaly21/03/201821/03/2018
Creating an environment conducive to SME growth is integral to achieve economic growth in Sri Lanka – ADB
BUSINESS

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…

byFaraz Shauketaly14/03/2018
Further economic grants to Sri Lanka from US Millennium Challenge Corporation
BUSINESS

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)…

byFaraz Shauketaly18/02/2018

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