Sri Lanka News Explorer
Last 7 Days
Older News
- Older than 2023-Dec (81)
Narrow by Category
- Business (81)
A number of articles which appeared in print media in the recent past signify the volatility in the economy. High volatility leads to vulnerability. Volatility and vulnerability are reflections of the haphazard nature of the economic policies and poor economic governance in a country. What is volatility? Volatility is the severity and the frequency with ...
- Achieving economic goals amidst global challenges (Category: Business)
- Raising the bar: The rise of the Sri Lankan economy (Category: Business)
- Lion leads frontier markets (Category: Business)
LONDON (Reuters): Britain’s budget deficit widened to the biggest on record for any August, data showed on Friday, a day after the central bank chief said missing its debt goal was acceptable for the government. Public sector net borrowing excluding financial sector interventions rose to 14.410 billion pounds from 14.365 billion in August 2011 as ...
- UK’s Green Bank to lend to wind, waste energy (Category: Business)
- Britain’s top rating may yet survive (Category: Business)
- Financing of 2011 Budget goes haywire (Category: Business)
- Euro zone crisis heads for September crunch (Category: Business)
Reuters: Manufacturing in China contracted for the 11th month in a row in September, according to a private sector survey of factory managers that indicated the world’s second largest economy remains on track for a seventh quarter of slowing growth. The HSBC Flash China manufacturing purchasing managers’ index (PMI) showed activity stabilized in September after ...
- China factory sector shrinks most in nine months (Category: Business)
- China factory surveys signal economic growth stays soft in Q3 (Category: Business)
- Asia factory output weak; India defies with rise (Category: Business)
- Asian factory output curbed by troubled Europe (Category: Business)
Reuters: The Federal Reserve launched another aggressive stimulus program on Thursday, saying it would pump $40 billion into the US economy each month until it saw a sustained upturn in the weak jobs market. The central bank’s decision to tie its controversial bond buying directly to economic conditions was an unprecedented step that marked a ...
- Bernanke quiet on next Fed move, stresses job crisis (Category: Business)
- Asian shares inch down, mark time before Jackson Hole (Category: Business)
- All eyes on Bernanke as recession looms (Category: Business)
- Adopt economic policies to propel growth: Bankers (Category: Business)
The first Prime Minister of independent India, Pandit Jawaharlal Nehru, wrote 75 years ago: “It would be absurd to say that the profit motive does not appeal to the average Indian, but it is nevertheless true that there is no such admiration for it in India as there is in the west. The possessor of ...
- Corporatism: A step beyond state capitalism (Category: Business)
- The rise of State capitalism: new masters of the universe or an ominous portent? (Category: Business)
- Impunity: Unequal before the law (Category: Business)
Reuters: China’s factories contracted in August the most in nine months according to a survey showing falling export orders and rising inventories, signs that more policy action is probably needed to stop a slowdown in economic growth now in a seventh quarter. The HSBC Flash China manufacturing purchasing managers index (PMI) fell to 47.8 in ...
- China factory surveys signal economic growth stays soft in Q3 (Category: Business)
- China manufacturing shrinks for 11th month (Category: Business)
- China May factory activity turns down – HSBC Flash PMI (Category: Business)
- China factory sector shrinks most in 32 months (Category: Business)
WASHINGTON (Reuters): A trend measure of Americans signing up for new jobless benefits fell close to a four-year low last week, but weakness in a regional factory gauge showed US recovery still faces an uphill climb. Other data on Thursday gave mixed signals about the strength of an incipient housing recovery, with groundbreaking on new ...
- Asian shares edge higher, investors seek stimulus clues (Category: Business)
- India’s food inflation at 8.84% (Category: Business)
- Anxious global investors look for calm (Category: Business)
- Asian shares inch up but growth worries lurk (Category: Business)
PARIS/LONDON (Reuters): Leading members of the Group of 20 nations are prepared to trigger an emergency meeting to address soaring grain prices caused by the worst US drought in more than half a century and poor crops from the Black Sea bread basket. France, the United States and G20 president Mexico will hold a conference ...
- Bill Gates to urge G20 not turn backs on poor (Category: Business)
- Euro zone crisis set to dominate G20 meeting in Paris (Category: Business)
- G20 to Europe: show us the money (Category: Business)
- World 2011 grain output record high, market tight: FAO (Category: Business)
By Cassandra Mascarenhas The technical sessions of the Association of Professional Bankers’ 24th anniversary convention were held yesterday, bringing the APB’s flagship event to a close. Aptly themed ‘Sustainability in volatility: The bankers’ challenge,’ each technical session explored an area that could throw obstacles in the path of bankers and the line-up of speak...
- More than ever, businesses must think ‘what if’ (Category: Business)
- Banking foresight – Shaping integrated development (Category: Business)
- APB to promote ‘Sustainability in Volatility’ at 24th anniversary convention (Category: Business)
- Threat of recession contains risk of further global bank failures (Category: Business)
Reuters: Japan’s economy expanded just 0.3 percent in April-June, half the pace expected, fuelling concerns growth will continue to flag as a rebound in consumer spending starts to lose momentum and Europe’s debt crisis weighs on global demand. The data provides further evidence of a global slowdown raising expectations in financial markets that policymakers will ...
- Japan economy shrinks more than expected in Q4, weak exports weigh (Category: Business)
- Asian shares flat as weak China data fuels growth worry (Category: Business)
- Japan Nov. factory output slumps (Category: Business)
- Japan exits recession as quake scars heal; outlook dim (Category: Business)
WASHINGTON (Reuters): Economic growth slowed in the second quarter as consumers spent at their slowest pace in a year, increasing pressure on the Federal Reserve to do more to bolster the recovery. Gross domestic product expanded at a 1.5% annual rate between April and June, the weakest pace of growth since the third quarter of ...
- Sri Lanka economy grows by 8.0% in third quarter 2010 (Category: Breaking News)
- Sept-qtr GDP growth seen slowest in over 2 years (Category: Business)
- Sri Lanka achieves highest economic growth rate (Category: Breaking News)
- Economy grew more slowly in summer than thought (Category: USA, South Carolina)
By a Special Correspondent A year or back from today, Sri Lankan economy had been sailing strongly amidst global economic typhoons. Most of the macro variables were reflecting peace dividends and rejuvenated hope. However, by mid 2011, the country’s trade deficit, fuelled by credit expansion was signalling early signs of an economic turmoil. Perhaps being ...
- Why Lion leads frontier (Category: Business)
- Economic growth to rebound in 2013: SCB (Category: Business)
- Flexible exchange rates and impact on exporters (Category: Business)
- Value investors enter as speculators exit (Category: Business)
Marketing process for sales persons Under the marketing concept, the firm must find a way to discover unfulfilled customer needs and bring to market products that satisfy those needs. The process of doing so can be modelled in a sequence of steps: the situation is analysed to identify opportunities, the strategy is formulated for a ...
- How to develop an effective marketing plan (Category: Business)
- Building the customer experience in business-to-business relationships (Category: Business)
- The brand gap (Category: Business)
- Godrej Locks enters market with aggressive growth plans (Category: Business)
By Shamil Samsul Mueen 1. Introduction The global financial crisis has raised imperative issues concerning the stability and reliability of existing financial systems. This has driven an extensive global re-examination on the competence of the existing financial architecture and the search for a more enduring solution. As a result an increasing interest in Islamic finance ...
- HNB launches Al-Najah Islamic banking unit (Category: Business)
- Islamic finance: Challenges and opportunities (Category: Business)
- Islamic banking and finance advisory services to assist financial institutions (Category: Business)
The Sri Lanka Economic Association or SLEA, the long-standing professional body of economists of Sri Lanka, has published some selected papers presented at its Annual Sessions in October 2011 in a volume titled ‘Achieving Economic Goals in the Midst of Global Challenges,’ the theme of the sessions. The volume, edited by two veteran economists – ...
- SLEA to release book on ‘Achieving Economic Goals in the midst of Global challenges’ (Category: Business)
- Achieving economic goals amidst global challenges (Category: Business)
CONSISTENT policies have always been a challenge for Sri Lanka, but its importance has been brought to the forefront yet again by the Sri Lanka Economic Summit that wrapped up on Thursday. Right from the onset, it was clear that the oft-repeated but rarely-listened-to issues were to dominate the three-day conference with economists, politicians and ...
- Mindset Change (Category: Business)
- âSri Lanka has what it takes to be Wonder of Asiaâ â World Bank (Category: Breaking News)
- Budget Hopes (Category: Business)
- Discussions with Sri Lankan authorities constructive and productive – IMF Team (Category: Breaking News)
By Cassandra Mascarenhas The Ceylon Chamber of Commerce-organised Sri Lanka Economic Summit kicked off yesterday, with an emphatic message to both the Government and the private sector that challenges are mounting and success as a nation will depend on a strong collective effort to be competitive. Delivering a keynote address peppered with bold remarks, World ...
- Business Today TOP TWENTY (Category: Breaking News)
- ඒස් කැපිටල් කළින්ම දිනයි (Category: Sports)
- Heavy showers about 100mm are likely at some places in Western, Central, Sabaragamuwa and Uva pr... (Category: Breaking News)
- Heavy showers about 100mm are likely at some places in Southern, Central, Eastern and Uva provin... (Category: Breaking News)
By Cassandra Mascarenhas Setting its sights on placing Sri Lanka in the global economy and expanding its reach in overseas markets, the Sri Lanka Economic Summit 2012, the Ceylon Chamber of Commerce’s annual flagship event, aptly themed ‘Positioning Sri Lanka in the Global Economy,’ commenced last evening at the Cinnamon Grand. In the context of ...
- Lion leads frontier markets (Category: Business)
- Young political guns speak up for economy (Category: Business)
- Ceylon Chamber spearheaded repositioning post-war Sri Lanka forum kicks off today (Category: Business)
- Sustainability in volatility: The bankers’ challenge (Category: Business)
Reuters: China, Europe and Britain loosened monetary policy in the space of less than an hour on Thursday, signalling a growing level of alarm about the world economy, although suggestions of coordinated action were played down. Of the three, the surprise move was from Beijing which lowered its lending rate by 31 basis points to ...
- US economy mending, oil prices a challenge: Geithner (Category: Business)
- Asia’s economic growth slipping into neutral (Category: Business)
- Happy CB keeps policy rates unchanged (Category: Business)
- Global factories struggle as growth fears rise (Category: Business)
The Oxford Dictionary tells us that being ‘happy’ is being cheerful with feelings of pleasure or satisfaction. ‘Satisfaction’ is, in turn, when you are pleased because you have achieved something or because something has happened as you wanted it to. A synonym is being ‘content’ – being happy and satisfied with what you have. Rulers ...
- Achieving economic goals amidst global challenges (Category: Business)
- Transforming education in Sri Lanka (Category: Business)
By Marianne David MP and consultant economist Dr. Harsha De Silva yesterday alleged that THE UNP’s criticism over the mismanagement of the economy and the Central Bank as well as the EPF’s investments in banking stocks have been emphatically validated by global rating agency Standard and Poor’s.“Standard and Poor’s reiterated what we have been saying ...
- Harsha claims Govt., CB lack credibility (Category: Business)
- UNP draws guns on “military control” of Rupee (Category: Business)
- S&P’s soother! (Category: Business)
Top economist and public servant R.A. Jayatissa has recently assumed duties as the Chairman of Sri Lanka Insurance Corporation. Previously the SLIC Chairmanship was held by President’s Chief of Staff Gamini Senerath. Jayatissa, an economist, was the Deputy Secretary to the Treasury and Senior Economic Policy Advisor to the Ministry of Finance and Planning. He ...
- WatchTower (Category: Business)
- Can Read (Category: Business)
- Dissenting Voice (Category: Business)
- Trajectory (Category: Business)
By an Analyst There is no doubt and there is near unanimity that overregulation by the previous Securities and Exchange Commission arising from inexperience, lack of knowledge and lack of correct strategies was the prime cause for the market collapse witnessed today. The SEC without any foresight and professionalism has introduced ad hoc legislation detrimental ...
- Serious decline of the stock market under the present SEC (Category: Business)
- Broker Credit Drives Up Market (Category: Breaking News)
- Politicos , Brokers ; Bourse’s Tailwind (Category: Breaking News)
- Majority of brokers recommend PLC IPO as buy (Category: Business)
Reuters: China’s factories took a hit in May as export orders fell sharply, a private sector survey showed on Thursday, suggesting surprise weakness in April’s hard economic data persists even as policymakers seek to shore up growth. The HSBC Flash Purchasing Managers Index, the earliest indicator of China’s industrial activity, retreated to 48.7 in May ...
- China factory sector shrinks most in nine months (Category: Business)
- China PMI in surprise fall, lowest since 2009 (Category: Business)
- China factory surveys signal economic growth stays soft in Q3 (Category: Business)
- China factory activity shrinks for 5th month : HSBC flash PMI (Category: Business)
DFCC Bank announced the appointment of Trevine Fernandopulle as the bank’s Executive Vice President and Group Chief Risk Officer. Prior to joining DFCC Bank, Fernandopulle worked at Bank of Ceylon as its Chief Risk Officer and has also served in senior roles at HSBC, functioning as its Deputy CEO and as the Saudi British Bank’s ...
- Arrangements in place for Mind Star Second Stage (Category: Breaking News)
- Sri Lanka’s DFCC Bank appoints Arjun Fernando as its Deputy CEO (Category: Breaking News)
- Narrowing Margins (Category: Business)
- Flat Quarter (Category: Business)
The need for an integrated program on a war footingIn 2008, eight prizewinning economists were asked to list the type of projects which would do the most good for the most number of poor people, if they had an imaginary $ 75 million to spend. Half of their proposed projects involved nutrition. There has been ...
- Sri Lanka: Tea rich but nutrient poor (Category: Business)
- Dairy: The mirage of self-sufficiency (Category: Business)
- Equity and well-being in Sri Lanka (Category: Business)
Mr. W.A. Wijewardena’s article about growth and kevum leaves much to be desired. It is obviously an attempt to distract people from the proper calculation of GDP per capita income. It is highly unbecoming of a former Deputy Governor of the Central Bank to write such material. It is also sad to see Mr. Wijewardena ...
SINGAPORE (Reuters): Asia’s economic growth probably troughed in the first quarter but a bounce-back may be muted, a Reuters poll showed. Although the fear factor has faded over Europe’s debt crisis and a slowing U.S. economy, both will still be a drag on growth rates in the region. Respondents in a quarterly survey of over ...
- China can easily boost consumtion to strengthen its economy: IMF (Category: Business)
- Asia growth to slow in 2012, no China crash seen (Category: Business)
- Airbus sees China, Asia as recession buffer (Category: Business)
- ‘Pessimism’ over Asia-Pacific growth: survey (Category: Business)
This is a summary of HSBC’s Global Economics Quarterly for Q2 2012 The foundations are weak With the US stock market up around 30% from its lows last autumn, with eurozone periphery bond yields tumbling through much of the first quarter and with the green shoots of an economic spring emerging here and there, it ...
- Asian shares fall on unclear US policy stimulus, Europe (Category: Business)
- Fed ramps up economic stimulus, ready to do more (Category: Business)
- Asian shares rise on hopes of more monetary stimulus (Category: Business)
- Markets up broadly on hopes for Spanish banks, stimulus (Category: Business)
Professor Buddhadasa Hewavitharana felicitated The legendary Economics Guru of Peradeniya vintage for more than four decades, Emeritus Professor of Economics Buddhadasa Hewavitharana, was felicitated last week by the country’s top policy think-tank, Institute of Policy Studies or IPS
- Two books on Sri Lankan economy launched (Category: Business)
- State of SL economy according to IPS: Grow but make it inclusive (Category: Business)
Popular Topics
- International Monetary Fund (57)
- Political crisis (81)
- Foreign exchange reserves (42)
- Shortage (2)
- Bank reserves (81)
- Fuel (11)
- Economy of Sri Lanka (72)
- Russia (9)
- Sri Lanka Tea (39)
- Tourism (6)
- Sri Lanka Quality Tea (39)
- Sri Lanka Tourism (40)
- Sri Lanka Cricket (39)
- Sri Lanka Hotels (39)
- Sri Lanka Elections (41)
- Hiru Tv (3)
- ITN News (14)
- Shakthi Tv (3)
- Derana Dream Star (9)
- EPF (5)
- Rob Ford (2)