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STOCK PICKING IN TOUGH TIMES Hasitha Premaratne lays out a prudent strategy to invest in the stock market at a time of bearish sentiment – as has been the case for most of this year The market fell 21 points in July and a further 90 points in early August, as average daily turnover [...]
Investor Sentiment Bound to Improve in the Future Samantha Amerasinghe sees a bright light at the end of the dark tunnel Due to elevated inflation pressures, Sri Lanka is not able to reduce interest rates, unlike its regional counterparts. Headline inflation, at 9.8 per cent year-on-year (y-o-y) in July (up from 9.3 per cent y-o-y in June) is [...]
Confidence in Positive Territory The upbeat sentiment endures as the distinctive indicator of biz confidence advances for a second consecutive month The sheer resilience of local business, in spite of the many curveballs thrown its way – be it in the form of abrupt policy amendments or a worsening global economic scenario – is indeed [...]
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SRI LANKA’S TOURISM BOOM EXCLUSIVE NATIONWIDE OPINION POLL AYUBOWAN! Sri Lanka Tourism gets the thumbs up Sift through the economic debris that engulfed our island-nation in recent times and there’s a shining star… in tourism. Indeed, the numbers say it all and unlike the questions that are being asked about the authenticity of official statistics [...]
Biz Confidence Index Stalls The unique index that measures business confidence stalls in the face of conflicting views on how Sri Lanka is faring these days The performance of a country’s stock market is often viewed as a barometer of investor confidence, an uptick signalling that things are heading in the right direction. It comes [...]
BANKING ON FRESH PARADIGMS Renuka Fernando unravels the dynamics shaping banking services in present-day Sri Lanka – Roshini Galappatti gains interest Q: What are your expectations for the banking industry, given the current concerns regarding the domestic economy? A: We expect a growth of seven per cent this year, stemming from tourism, services and manufacturing. [...]
WHEN THE CHIPS ARE DOWN Manohan Nanayakkara assesses the state of play in the country’s capital markets in a candid discussion – Yamini Sequeira learns the ropes Investors who burnt their fingers at the Colombo Stock Exchange (CSE) during 2011 compared their experience to riding a bucking bronco. One minute you’re on top – and [...]
Ravi Dias is confident that Sri Lanka will attract quality investment inflows Q: How do you view the state of the nation today – what are the primary strengths and weaknesses? A: Despite the challenges that we face today, Sri Lanka as a country is free from the major drag which plagued its economy [...]
CONFORMING TO NEW REALITIES Harin Malwatte presents a strategy that Sri Lanka should adopt in order to achieve prosperity – Savithri Rodrigo inspects his plan The 21st century has been dubbed ‘The Chindian Century,’ alluding to the superpower status that China and India have etched for themselves. Sri Lanka, being fortunate to be close in [...]