Belt and Road Initiative spurs Sri Lanka’s growth

    Belt and Road Initiative spurs Sri Lanka’s growth
    by |03 December 2018|Verité in the News
    Chinese Ambassador Cheng Xueyuan addressing the gathering . Pix: Courtesy BCIS Taken from Sunday Observer  BY VISHWA AUWARDS Sri Lanka is one of the first countries to join with the Belt and Road Initiative (BRI) said the Chinese Ambassador in...
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    High protection betrays uncompetitiveness of Sri Lankan industry
    by |10 October 2018|Verité in the News
    ECONOMYNEXT - Prohibitive import tariffs that protect domestic industry from competition are an indication of the inefficiency of local companies, Subhashini Abeysinghe, Research Director at think-tank Verité Research said. Higher import taxes signal higher domestic prices compared to import prices,...
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    Sri Lanka needs to generate public support for trade reform
    by |09 October 2018|Verité in the News
    ECONOMYNEXT - Sri Lanka needs to convince the public about the benefits of trade so they could prod politicians to make the reforms to reduce living costs and companies more competitive, panelists at a World Bank forum said. The general...
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    Corrupt bureaucrats, uncompetitive local industries blocking trade liberalisation
    by |09 October 2018|Verité in the News
    By Nishel Fernando The largely uncompetitive local industries and corrupt bureaucrats are exploiting the public perception to delay trade liberalisation and the necessary reforms for their personal gains, as the government and academics have so far failed to engage the...
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    Do Import Tax Exemption Schemes provide relief to importers?
    by |01 October 2018
    Lack of government action to hold perpetrators accountable in the past has led to a culture of impunity in .....
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    Rethinking the rupee crisis 
    by |27 September 2018|Verité in the News
    The call by the Government to reduce imports as an effort to counter the impact of Sri Lanka’s fast depreciating rupee was met with disdain by many members of the public. This is largely because an import contraction is seen...
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    Online Govt. trade portal set to fail if structural problems go unchecked: Leading researcher
    by |25 September 2018|Verité in the News
    By Madushka Balasuriya In July this year, Sri Lanka made one of the most progressive steps in its trade history when it launched the Sri Lanka Trade Information Portal (SLTIP). An initiative by the Department of Commerce, in collaboration with...
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    Sri Lanka’s regulations, multiple state agencies blocking progress
    by |18 September 2018|Verité in the News
    ECONOMYNEXT - Sri Lanka's multiple ministries and agencies and regulations is making it difficult to implement policy and red tape was hindering trade and investment, and reform are required to unlock growth, officials said. "Sri Lanka compared to other emerging...
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    Sri Lanka Economic Summit 2018: On The Fast Track to a Turnaround
    by |14 September 2018|Verité in the News
    Give top priority to foreign investment - Arun Kumar  Foreign investment needs to be a high-priority area for growth and employment generation in Sri Lanka, said Arun M Kumar, Chairman and CEO, KPMG India. Delivering the key note address at the inaugural...
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    බොර දිය තුළින් ඉදිරියට: ශ‍්‍රී ලංකාවේ ආනයනල බදුවලින් නිදහස් කිරීමේ යෝජනා ක‍්‍රම
    by |11 September 2018
    රජයේ ආදායමට ආනයන බදු නිසා සිදුවන සේවය සුලුපටු නොවේග එසේ වුවත් ම‍ෙම බදු සාමාන්‍යය‍ෙන් ඉහල අගයක් ගන්නා අතර තමන්ට අත්‍යවශ්‍ය අමුද්‍ර‍ව්‍ය සහ යන්ත්‍ර සුත්‍රග‍ෙන්වීමේ දී එකින‍ෙකට ව‍ෙනස් ආකාර පහක බදු ග‍ෙවීමට සිදුවීම දේශීය ව්‍යාපාරිකයන්ගේ පිරිවැය ඉහල යාමට හේතු වේග එසේම...
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