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Sunday, 23 August 2015

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Falling prices aren't just an European or Japanese problem. Deflationary forces are intensifying across Asia, economists warn. Here, a worker stands on piles of industrial products at a port in Lianyungang, China. - Reuters

Business, labour welcome new Govt

Strong measures to reduce poverty - Employers’ Fed:

The newly elected Government will need to adopt strong measures to reduce poverty and accelerate the rate of economic growth to reach a middle-income country status by 2020, said Deputy Director General, The Employers’ Federation of Ceylon, Kanishka Weerasinghe.

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CSE Chair:

Lack of consistent policies block capital market growth

Chairman, Colombo Stock Exchange (CSE), Vajira Kulatilaka said that for the economy to progress there should be national and consistent policies that will help attract foreign investors and develop infrastructure.

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Private sector should lead - CCC

As Sri Lanka’s premier business Chamber, encompassing a wide spectrum of private sector business entities from large multinationals to SMEs, the Ceylon Chamber of Commerce (CCC) is fully appreciative of the many challenges that the newly elected government is faced with; i.e. establishing good governance,

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Indo-Lanka trade:

‘Enormous potential for growth’

Trade and investments between Sri Lanka and India had grown steadily with a large number of Indian investors keen to set up ventures in Sri Lanka, High Commissioner to India Y.K. Sinha told guests at a ceremony last week to build a skills development centre for the Faculty of Agriculture in Kilinochchi.

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IFAC chief:

Good governance essential for long-term success

The country’s commitment to good governance will be essential to ensure Sri Lanka’s long term success, as the nation becomes a more internationally integrated economy,

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