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The Report: Sri Lanka 2017: Country Profile
OBG
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Sri Lanka has emerged from its long internal conflict, but with the post-war euphoria behind it, a number of structural challenges remain that will determine the country’s trajectory as it pushes forward. The state’s involvement in large parts of the economy could present stumbling blocks to a number of liberalising economic reforms that Sri Lanka is likely to need if it is to increase its competitiveness…
Economic News

Sri Lanka pushes ahead with renewable agenda
OBG
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Enhancing Sri Lanka’s renewable capacityis a key aim of new proposals for the power sector, with the threat of climate change also engendering a shift in the country’s energy mix. On April 30 Sri Lanka’s Ministry of Power and Renewable Energy (MPRE) ended the public consultation process on the draft of a new national energy policy. Stakeholders were given a month to review the proposals…
Economic News

Sri Lanka seeks to carve out niche in medical tourism
OBG
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Rising numbers of tourists from abroad and a state-led campaign to expand medical tourism could attract further investment to Sri Lanka’s health care sector, creating additional opportunities for its hospitality industry in the process. The country’s bid to become a centre for health and wellness is supported by improved connectivity and infrastructure, as well as its increased popularity as…
Event

LBR LBO Brand Summit

LBR LBO Brand Summit has been challenging and broadening the critical thinking of business executives by creating a platform for provocative, inciting and insightful debates and discussions on building resilient, strong and future-ready brands. For the fifth consecutive year “Lanka Business Online” (LBO) will be hosting the annual LBR LBO Brand Summit. Once again, on a stimulating theme – “Marketing…
Economic News

Sri Lanka’s manufacturers make steady progress
OBG
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Rising demand and expectations of stronger sales should sustain growth in Sri Lankan manufacturing in 2017, though labour shortages will need to be addressed to maintain this trajectory. The latest purchasing managers’ index (PMI) released by Sri Lanka’s central bank showed continued expansion in manufacturing, which stood at 56.2 points in January; any PMI reading above 50 indicates growth. Since…
Event

2nd Sri Lanka Investment Summit

Register now for your complementary seat to hear how you can benefit from both private and public sector investment in Sri Lanka. Dive into discussions on the evolving FDI environment coupled with exclusives on successfully navigating Sri Lanka’s capital market opportunities. This one-day summit will provide you with the tools and keys to unlock one of Asia’s fastest growing economies. Seats are…
Economic News

Shopper sentiment improves on the back of retail growth in Sri Lanka
OBG
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Greater consumer confidence could bring about higher returns from Sri Lanka’s retail sector, though the possibility of a further tightening of monetary policy by the country’s central bank might offset any near-term gains. Sri Lankans have an improved view of market conditions, according to the latest MasterCard consumer confidence index released in mid-January, with a 2.1-point increase in…
Economic News

Sri Lanka Year in Review 2016
OBG
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Underpinned by solid growth and boosted by medium-term fiscal support, the Sri Lankan economy rode out a difficult year in 2016, though government measures to curb spending and boost revenue may impact investment and expansion in the coming year. According to IMF estimates issued at the end of October, Sri Lanka’s economy was forecast to close out 2016 with GDP growth of 5%. A similar rate of…
Event

7th International Conference on Sustainable Build Environment

For the keynote lecture, world recognised scientists will participate such as Harsha Chandima Rathnaweera, Rajib Basu Mallick, Hisham Elkadi, Nagesh Kumar India, as well as local experts Sarath Kotagama and Ajith de Alwis. Furthermore, our programme chairs in technical sessions are professionals in their fields of study. We have assigned nearly twenty topics including with topics such as green energy,…
Event

2nd International Conference on Health and Medicine (ICHM)

This platform allows for attendees to network, particularly for academics, researchers, scientists, doctors, nurses and physicians. Abstract submissions are now open. The event will provide the following conference tracks: Alternative health Cardiology Dermatology Disability and rehabilitation Family medicine Food safety Infectious diseases Medical ethics Medicine and medical science Neurology Nursing Nutrition…