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FDI to South Asia down by 26% to $52 bn in 2021

BusinessFDI flows to developing countries in Asia and subregions, 2020-2021 (in USD billions) Tags: Print EditionForeign direct investment (FDI) flows to developing countries in Asia rose by 19% to an all-time high of $619 billion in…

PIM Alumni expresses importance of ending current political and economic chaos

BusinessTags: Print EditionThe Alumni Association of the Postgraduate Institute of Management (PIMA) as the Nations Thought Leaders, express their concern over the current state of affairs in the country, highlighting the importance of…

Claw back rich through tax system – Dr. Ganeshan Wignaraja

BusinessIndunil HewageTags: Print EditionSri Lanka needs to create strong universal cash transfers whilst clawing back richer people through the tax system to combat the issue of poverty, says Dr. Ganeshan Wignaraja. “The poor are the…

China Sri Lanka bilateral relations to continue even if Govt. changes

Tourism to get boost with relaxing of travel restriction by Beijing:BusinessShirajiv SirimaneAmbassador Dr. Palith Kohona with other invitees at the Asian Marine Tourism Conference 2022 in Ningbo, ChinaTags: Print EditionBringing a…

Singhagiri celebrates Golden Jubilee

BusinessTags: Print EditionWith the completion of 50 successful years of outstanding achievements, that established Singhagiri as the trusted electronics and home appliances partner of every Sri Lankan household, comes the perfect…

DFCC Bank launches initiative for Foreign Inward Remittances to support Nation

BusinessTags: Print EditionDFCC Bank, has recently launched a special marketing drive and scheme to attract Foreign Inward Remittances. Looking to support the nation at this challenging time, DFCC Bank is offering an additional LKR 1…

INVESTING IN SRI LANKA’S LUXURY RESIDENTIAL APARTMENTS WITH HOME LANDS SKYLINE

BusinessTags: Print EditionWith 15+ years of industry experience and trade expertise, Home Lands Skyline is a leading property developer in Sri Lanka with a dedicated in-house construction arm – Home Lands Constructions.Asthe…

Japan accounted for more than a tenth of India’s FDI under Abe’s tenure

BusinessPrime Minister Narendra Modi with then Japan PM Shinzo Abe | File photo (PTI)Tags: Print EditionShinzo Abe’s second run as Japanese prime minister saw investments account for more than ten per cent of India’s overall foreign…

Sithumina Jayasundara re-elected President SLII

BusinessTags: Print EditionHNB General Insurance Limited Chief Executive Officer Sithumina Jayasundara has been re-elected as the 20th President of the Sri Lanka Insurance Institute (SLII). The appointment of Jayasundara was announced…