Sri Lanka's only national business newspaper | Daily FT
WEBDFCC’s first green bond draws 72 applications worth Rs. 3.1 b. Friday, 20 September 2024 00:22. DFCC Bank’s green bond issue, the first in Sri Lanka, had drawn 72 applications worth Rs. 3.16 billion. The issue was to raise Rs. 2.5 billion via ..
The wealthiest Sri Lankans - Daily FT
WEBNov 22, 2013 · The wealthiest Sri Lankans. Friday, 22 November 2013 06:50 - - 8371. Dhammika Perera’s estimated $550 million fortune is most likely one of the four biggest in Sri Lanka. It’s impossible to rank the four piles because much of the wealth is held in private assets, but in alphabetical order, here are the other three Sohli and Rusi Captain ...
Role of foreign employment in Sri Lanka’s economic revival: …
WEBJul 8, 2020 · By all accounts, it is widely acclaimed that Sri Lanka did exceptionally well in facing, managing, and since 1 May ensuring that not a single case of social transmission of COVID-19 has emerged. As at 27 June 2020 while there have been 2033 COVID-19 positive detections, only 313 (16.40) have been through social transmission. 947 (46.58%) was from the ‘Navy Cluster’, and 773 (38.02%) was ...
Sri Lanka's only business publication | Daily FT
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Colombo’s Port City, ‘city of the future’ rising from the sea
WEBDec 28, 2021 · The Port City Colombo project, located near Colombo’s Central Business District, is a large-scale investment project jointly developed by the CHEC and the Sri Lankan Government. It is regarded as a model of cooperation between China and Sri Lanka in jointly building the Belt and Road. Alwis has witnessed the …
Presidential boost for tourism with free-visa to 35 nationals
WEBThursday, 22 August 2024 02:03 - - 2073. Cabinet approves proposal by President to offer 30-day visas free-of-charge to citizens from 35 countries for 6 months. Decision follows recommendations from expert committee. Forecasts SL will break-even if arrivals increase by 3.74% for remainder of 2024 or a 10% surge can result in financial surplus ...
Reimagining the future of Sri Lanka’s apparel industry
WEBDec 2, 2021 · The emergence of apparel and textiles as a significant contributor to Sri Lanka’s economy began post-Independence in 1948 when a few pioneering industrialists saw opportunities in its domestic market. Following the liberalisation of the economy in the late ’70s, the industry ventured into exports, bringing in much needed foreign exchange, and before long, established Sri Lanka’s ...
Charting Sri Lanka’s economic future: Current challenges, and ...
WEBDec 29, 2023 · The Sri Lankan economy currently grapples with the significant challenges presented by a complex financial situation unfolding in unprecedented ways. As the country tackles the intricacies of this economic turmoil to overcome fiscal obstacles, there is a prevailing sense of concern among the populace. Against this backdrop, the nation contends with politically motivated decision-making that ...
HatchX: Sri Lanka’s most disruptive fintech accelerator is ... - Daily FT
WEBSep 9, 2021 · Despite being in its infancy, Sri Lanka’s fintech industry has made great strides over the years, and one of the biggest came last year with the launch of the country’s first-ever fintech accelerator program. ..
The rise of digital banking in Sri Lanka: Perspectives by BCG
WEBJan 5, 2022 · The pandemic has clearly accelerated the shift in consumer preferences to digital banking channels with ~20% respondents expecting to increase interaction with IB/MB, of which ~60% were from the Affluent category. The future of banking lies in “bionic banking” i.e., achieving a balance between digitisation and human interactions.