The conference allows for attendees to network, particularly for academics, researchers, industry professionals, businessmen and those who interested in this topic to share knowledge and their achievements. Abstract submissions are now open. The conference will offer the following tracks: Banking and finance Business ethics E-commerce Economics Human resources Management Marketing Tourism Cooperate…
The office segment of Sri Lanka’s property market is likely to see rising levels of activity over the next few years, as developers scramble to bridge a shortage of premium space. There is an expanding gap between available space and demand in Colombo, according to a recent report by international property firm JLL, with a shortage of grade-A office stock in particular. With minimal supply coming…
As the country looks to broaden its investor base, it is hoped that policy changes and plans brought in by the new government will attract the added investment needed to help the country reach its growth goals. Investment: Targeting International Inflows - FDI has increased rapidly inrecent years, with the majorityof investments devoted toinfrastructure. Tourism: Attracting Foriegn…
Government commitments to step up privatisation, repair its balance sheet and encourage more listings should help broaden the base of Sri Lanka’s capital markets and draw stronger flows of foreign direct investment (FDI) into the economy. In April the Sri Lankan government brokered a $1.5bn loan agreement with the IMF, part of a three-year Extended Fund Facility programme aimed at halving the country’s…
Adverse weather conditions, combined with rising costs and greater competition, threaten to weaken Sri Lanka’s position in the global tea industry, though efforts to develop new markets could help offset downturns in exports and revenue. Flooding in mid-May struck a number of tea-producing regions and led to the inundation of several tea export facilities around Colombo, causing widespread disruption…
The significance of Sri Lanka’s maritime location and as a gateway destination to Asia is seen by many major industry players and are now focusing on relocating logistic and shipping to the Indian Ocean island where great opportunities are available to speedily connect consumers across many continents, including Asia and Africa. Sri Lanka is considered as the best location in South Asia with modern…
The LBR LBO Infrastructure Summit 2016 will bring together public sector senior officials, industry representatives, investors and financial intermediaries, development experts, policy makers, researchers and academics to discuss some of the vital issues in five insightful and thought provoking sessions. The Summit will provide insights into the scope, challenges and opportunities of the “Western…
Increased international arrivals and expansion into new segments are key elements in Sri Lanka’s plans to boost revenue in its growing tourism sector, an important earner of foreign currency. Aiming for a marked increase Sri Lanka saw a sharp rise in tourism arrivals in the first half of the year, with inbound traffic up 16.7% year-on-year (y-o-y) through to July, for a total of 1.17m arrivals. While…
Buoyed by a phased $1.5bn funding pledge from the IMF, Sri Lanka has its sights set on building economic momentum and improving investor sentiment in the coming months. Sri Lanka’s economy is expected to expand by 5% in 2016, the IMF said in a report issued in June, outstripping growth levels recorded for the previous two years. However, the country is under pressure to keep its programme of fiscal…
Sri Lanka is looking to boost its public transport infrastructure, particularly in Colombo, amid rising passenger numbers and increased road congestion. While several proposals in recent years have offered different strategies to improve the public transport system from a cost-effective perspective, the issue is becoming more pressing, as record vehicle imports in 2015 contributed to major increases…
