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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

23/07/20182 min read

Sri Lanka’s Prime Minister Ranil Wickremesinghe offered tax relief for 300 percent of the income from capital investment to entrepreneurs who start business enterprises in

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Govt. amends NBT
Business Main Story

Govt. amends NBT

19/07/201819/07/20183 min read

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

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Presidential-aspirant Gota gets going on Vision 2030
LOCAL Main Story

Presidential-aspirant Gota gets going on Vision 2030

14/05/201814/05/20185 min read

Over 2,000 professionals and business leaders attend Viyathmaga forum titled ‘An Intellectually Inspired Sri Lanka 2030’ Says faster economic growth hinges on an intellectually and technology competent

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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

17/04/20183 min read

The World Bank projecting an economic growth of 4.8 percent for Sri Lanka this year warns that while the economic outlook remains favorable, challenging political

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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

13/04/20182 min read

The Asian Development Bank (ADB) says Sri Lanka’s economic growth over the next two years will depend on agriculture and the political climate and forecasts

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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

12/04/20181 min read

The Asian Development Bank raised its 2018 economic growth estimate for developing Asia to 6.0 per cent from 5.8 per cent, citing solid export demand,

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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

22/03/20183 min read

Sri Lanka’s Minister of Finance and Mass Media Mangala Samaraweera emphasizing that private investment is the key for economic growth of any country said the

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2017 sinks to slowest economic growth in 16 years
Business Main Story

2017 sinks to slowest economic growth in 16 years

21/03/201821/03/20184 min read

Department of Census and Statistics releases official GDP data for 2017 Economy grew by 3.1%; agriculture down by 0.8%; industry grows by 3.9%, services by

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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

14/03/20181 min read

The ability of small and medium-sized enterprises (SMEs) to establish themselves and scale their operations is integral to Sri Lanka achieving equitable economic growth, a

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Further economic grants to Sri Lanka from US Millennium Challenge Corporation
Business

Further economic grants to Sri Lanka from US Millennium Challenge Corporation

18/02/20183 min read

Following its competitive selection by the US Millennium Challenge Corporation (MCC) for grant assistance, the Government of Sri Lanka (GoSL) is now focusing on improving

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