ECONOMYNEXT — Sri Lanka surpasses regional counterparts in recruiting women at the entry-level in the banking sector, with women comprising 46 percent of new recruits, though barriers, remain, a new International Finance Corporation (IFC) study has found. The report, supported…
ECONOMYNEXT — Sri Lanka surpasses regional counterparts in recruiting women at the entry-level in the banking sector, with women comprising 46 percent of new recruits, though barriers, remain, a new International Finance Corporation (IFC) study has found. The report, supported…
In a move aimed at fostering a conducive environment for national development, President Ranil Wickremesinghe has announced his intention to introduce legislation that will depoliticize board appointments across government institutions. The President emphasized the need to ensure that appointments are…
ECONOMYNEXT – Sri Lankan businesses have opportunities to strengthen relations with businesses in the Indian Ocean Rim Association Countries, Chairman of the Ceylon Chamber of Commerce, Duminda Hulangamuwa said. “IORA consists of countries with different sizes and shapes, different economies,…
ECONOMYNEXT — Sri Lanka’s government had not discussed at any point the postponement of the presidential election, Prime Minister Dinesh Gunawardena said, dismissing a controversial proposal by the United National Party (UNP) as “irresponsible”. Speaking to reporters on Wednesday May…
ECONOMYNEXT – Persons of Sri Lanka descent, including those who have renounced their citizenship and foreign spouses would be able to get permanent residence status, under regulations gazetted by the ministry of public security. A person of Sri Lankan descent…
ECONOMYNEXT — The government has distanced itself from a statement by President Ranil Wickremesinghe’s United National Party (UNP) calling for delaying elections by two years. Labour Minister Manusha Nanayakkara responding to questions from journalists on Tuesday May 28 said all…
ECONOMYNEXT – WindForce Plc said Fitch Ratings Lanka Ltd had assigned a ‘BBB+(lka)’ rating for the company with stable outlook. “The rating reflects WindForce’s large exposure to Ceylon Electricity Board (CEB, BB+(1ka)/Stable) as the key offtaker. The Stable Outlook reflects…
ECONOMYNEXT — The ruling Sri Lanka Podujana Peramuan (SLPP) wants parliamentary elections first because that way they can secure around 25 seats, main opposition Samagi Jana Balawegaya (SJB) MP Mujibur Rahuman said. The MP claimed that the SLPP has strategically…
ECONOMYNEXT – Sri Lanka’s tax agency will collect current account transactions, share ownership, land registration, company directorship and car ownership details from July 01, to be used in a digital revenue management system, according to a notice. The information will…
