FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka


Submit PostSubmit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post



Latest topics

» UNHCR එකේ ලොකූ ටෝක දැම්මට සමහර ඔස්තාර් ලා කියන ආර්තික සම්භාදක අරවා මේවා මුකුත් එන්නේ නැ
by stockchaser Today at 2:42 am

» පෙබරවාරි මාසේ කොළඹ කොටස් වලට මොකක්ද වුනේ - බැසුවාද ? බැස්සාද ?
by xhunter Today at 2:20 am

» GLAS will be winner with Super Gain.
by Eranga87 Today at 2:00 am

» If you are one of those people who can sleep at night while someone else is in control of your destiny, then my advice would be to only invest in stocks
by Asoka Samarakone Yesterday at 9:58 pm

» DFCC will be receiving Rs.594,538,285.50
by SANJAYANM Yesterday at 9:56 pm

» NATIONS TRUST BANK PLC (NTB.N0000)
by chathura123 Yesterday at 8:52 pm

» Price prediction on GRAN and TAFL
by Bakkabwoi Yesterday at 6:22 pm

» SEMB SEMB
by stockchaser Yesterday at 2:57 pm

» EXPOLANKA HOLDINGS PLC (EXPO.N0000)
by Vishwanarth Yesterday at 2:54 pm

» Bullish sentiment returns with market regulator's assurance
by Vishwanarth Yesterday at 2:52 pm

» BROWNS INVESTMENTS PLC (BIL.N0000)
by Vishwanarth Yesterday at 1:49 pm

» SOFTLOGIC HOLDINGS PLC (SHL.N0000)
by suku502 Yesterday at 1:32 pm

» DIPD/HAYC/HAYL
by Wickyz Yesterday at 1:19 pm

» Chart 25.02.2021
by stockback Yesterday at 12:41 pm

» is it a good time to sell expo shares
by Kipling Yesterday at 8:39 am

» Current 2021 Februray Unit Trust/Unit Fund Per Annum percentages
by agentnrox Yesterday at 8:13 am

» Leading brokers causing market downturn
by Mithooshan Yesterday at 7:40 am

» Must watch this video - unnecessary panic
by Jana Yesterday at 1:03 am

» LOLC HOLDINGS PLC (LOLC.N0000)
by learningthemarket Yesterday at 12:03 am

» Daily Foreign Transactions
by Mr. X Wed Feb 24, 2021 11:28 pm

EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

CHRONICLE™ NEWS PRODUCTS

FINANCIAL CHRONICLE™

Views & Reviews, Analysis, Evaluations, Discussions, Gossip and Hot Tips relating to Sri Lankan companies listed on the Colombo Stock Exchange (CSE)
Contribute




DAILY CHRONICLE™

Latest news and articles published in Newspapers, Websites, Blogs and other online news sites relating to business and investments in Sri Lanka
Contribute



ECONOMIC CHRONICLE™

This is a section that provide news, views, analysis, predications relating to Political and Socio-Economic factors and how such activities affect the Stock Market and other economic activity of the Country.

Contribute




EXPERT CHRONICLE™

This is an exclusive section for Expert Articles which will help member to share knowledge through comments and responses of the members. All members are allowed to reply and make comments to these articles.

Contribute


Submit Post


CHRONICLE™ YouTube

Youtube Videos and other visual presentations relating Stock market and other investment advise submitted by members or other contributors.

Contribute


Submit Post


කොළඔ කොටස් වෙළඳපොළේ වංශකථාව
කොළඔ කොටස් වෙළඳපොළේ ලැයිස්තුගත සමාගම් කොටස් ගැන තොරතුරු¸විශ්ලේෂණ¸සාකච්ඡා¸ කටකතා¸රසකතා යන සියල්ල අපේම සිංහලෙන් කතා කළ හැකි ‘කතා මණ්ඩපය’

Contribute

Twitter Feeds
POPULAR COMPANIES
A

ABANS ELECTRICALS PLC

ACCESS ENGINEERING PLC Hot

ACL CABLES PLC

ACL PLASTICS PLC

ACME PRINTING & PACKAGING PLC

AGSTAR PLC

AITKEN SPENCE HOTEL HOLDINGS PLC

AITKEN SPENCE PLC

ANILANA HOTELS AND PROPERTIES PLC

ARPICO INSURANCE PLC

ASIA ASSET FINANCE PLC

ASIA CAPITAL PLC

B

BAIRAHA FARMS PLC

BALANGODA PLANTATIONS PLC

BIMPUTH FINANCE PLC

BLUE DIAMONDS JEWELLERY WORLDWIDE PLC

B P P L HOLDINGS PLC

BROWNS BEACH HOTELS PLC

BROWNS INVESTMENTS PLC

C

CARGO BOAT DEVELOPMENT COMPANY PLC

CENTRAL INDUSTRIES PLC

CEYLON COLD STORES PLC

CEYLON GRAIN ELEVATORS PLC Hot

CEYLON TEA BROKERS PLC

CEYLON TOBACCO COMPANY PLC

CHEVRON LUBRICANTS LANKA PLC

COLOMBO FORT LAND & BUILDING PLC

COMMERCIAL BANK OF CEYLON PLC

CITRUS LEISURE PLC Hot

COMMERCIAL CREDIT AND FINANCE PLC

D

DANKOTUWA PORCELAIN PLC

DFCC BANK PLC

DIALOG AXIATA PLC

DIALOG FINANCE PLC

DIPPED PRODUCTS PLC

DISTILLERIES COMPANY OF SRI LANKA PLC

DUNAMIS CAPITAL PLC

E

EAST WEST PROPERTIES PLC Hot

EASTERN MERCHANTS PLC

EXPOLANKA HOLDINGS PLC

E-CHANNELLING PLC

F

FIRST CAPITAL HOLDINGS PLC

G

GALADARI HOTELS (LANKA) PLC

GUARDIAN CAPITAL PARTNERS PLC

H

HATTON NATIONAL BANK PLC

HAYLEYS PLC

HAYLEYS FABRIC PLC

HAYLEYS FIBRE PLC Hot

HEMAS HOLDINGS PLC

HIKKADUWA BEACH RESORT PLC

HNB ASSURANCE PLC

HVA FOODS PLC

J

JANASHAKTHI INSURANCE COMPANY PLC

JOHN KEELLS HOLDINGS PLC Hot

JOHN KEELLS HOTELS PLC

L

LANKA ASHOK LEYLAND PLC

LANKA IOC PLC

LANKEM CEYLON PLC

LANKEM DEVELOPMENTS PLC

LAUGFS GAS PLC

LAUGFS POWER LIMITED

LOLC FINANCE PLC

LOLC HOLDINGS PLC

LUCKY LANKA MILK PROCESSING COMPANY PLC

M

MELSTACORP PLC

N

NATIONAL DEVELOPMENT BANK PLC

NATION LANKA FINANCE PLC

NESTLE LANKA PLC

O

ORIENT FINANCE PLC

OVERSEAS REALTY (CEYLON) PLC

P

PANASIAN POWER PLC

PEOPLE'S LEASING & FINANCE PLC

PIRAMAL GLASS CEYLON PLC

PRIME FINANCE PLC

R

RAIGAM WAYAMBA SALTERNS PLC

RENUKA AGRI FOODS PLC

RENUKA CAPITAL PLC

RENUKA HOLDINGS PLC

RICHARD PIERIS AND COMPANY PLC

RICHARD PIERIS EXPORTS PLC Hot

ROYAL CERAMICS PLC

S

SAMPATH BANK PLC

SEYLAN BANK PLC

SIERRA CABLES PLC

SINGHE HOSPITALS PLC Hot

SMB LEASING PLC

SOFTLOGIC HOLDINGS PLC

SOFTLOGIC LIFE INSURANCE PLC

SRI LANKA TELECOM PLC

SWISSTEK (CEYLON) PLC Hot

T

TEEJAY LANKA PLC

TESS AGRO PLC

THREE ACRE FARMS PLC

TOKYO CEMENT COMPANY (LANKA) PLC Hot

U

UNION BANK OF COLOMBO PLC

V

VALLIBEL FINANCE PLC

VALLIBEL ONE PLC Hot

VALLIBEL POWER ERATHNA PLC

W

WASKADUWA BEACH RESORT PLC


You are not connected. Please login or register

FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » Sri Lanka slips in 'Doing Business Index

Sri Lanka slips in 'Doing Business Index

Go down  Message [Page 1 of 1]

1Sri Lanka slips in 'Doing Business Index Empty Sri Lanka slips in 'Doing Business Index Tue Oct 29, 2013 9:37 pm

UAEBOY

UAEBOY
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Sri Lanka has fallen four places in the World Bank's latest list of best places to run a business. In the latest World Bank's Doing Business Index, Sri Lanka has been ranked 84, down from 81st place it enjoyed in the 2013 Doing Business Index.

However, Sri Lanka leads among all the South Asian Nations, becoming the easiest place do business in the region.


http://www.dailymirror.lk/news/37820-sri-lanka-slips-in-doing-business-index.html

UAEBOY

UAEBOY
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Sri Lanka makes more reforms but slips in Doing Business ranking

Sri Lanka made the most changes in South Asia making it easier to do business, but the country slipped to 85 from 81 in a global ranking compiled by the World Bank group as several other nations raced ahead.

The World Bank group's 'Doing Business 2014' report said Sri Lanka was the regional leader in implementing regulatory reforms.
Over the past year Sri Lanka had made it easier to get a construction permit by eliminating the requirement to get a tax clearance and by reducing building permit fees.

Getting electricity was made easier and processing time was cut as state-run Ceylon Electricity Board used information technology.

Electronic payments for port services had made trading across borders easier.

Paying taxes was made easier with electronic filing of retirement fund payments. India already has an online system for paying taxes.

South Asian countries made 11 reforms to make business easier over the past year.

"We are encouraged by the rapid pace of reform in South Asia, which is advancing the region toward global good practices," Augusto Lopez-Claros, director of Global Indicators and Analysis, World Bank Group said.

"Doing Business is about smart business regulations, not necessarily fewer regulations."

The rankings do not take into account other factors that make doing business - or making a better environment for any person to simply live - such as having rule of law, justice, free trade, low inflation and low budget deficits.

But analysts say the 'Doing Business' report has made rulers in many countries reduce controls, and made control-happy bureaucrats think twice before imposing yet another restriction on hapless citizens, thereby generally helping expand the liberties of the ordinary citizen.
Sri Lanka had also set up a committee to improve the ranking along with several other countries and has made steady gains over several years.

Hong Kong and Singapore were the easiest place to do business.

Large gaps exist between the freest places to do business and other countries, despite making gains over the years leaving more room for improvement.

Though Sri Lanka made it easier to get construction permits over the past year it still took 186 days and 17 procedures with a world ranking of 108. In Hong Kong, it was 71 days and 6 procedures with a world ranking of 01.

The new procedures had cut the time it took to get an electricity connection in Sri Lanka by 22 days with only 4 procedures. But it still took 110 days and 10 times the per capita income in fees. In Hong Kong it took only 38 days and 1.5 percent of per capita income in fees.

Last year the Columbian utility Codensa has opened a 'one stop shop' cutting the time for a power connection to just 60 days, according to the report.

Countries that overtook Sri Lanka over the past year include Moldova, which moved up to 78 from 83 and Guatamala which moved up to 79 from 93.

http://www.lankabusinessonline.com/news/sri-lanka-makes-more-reforms-but-slips-in-doing-business-ranking/1996596961

Monster

Monster
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Don't discourage yourself. We are still leading in the South Asian region and we are much ahead compare to India.

http://www.doingbusiness.org/rankings

K.Haputantri

K.Haputantri
Co-Admin
Sri Lanka makes more reforms, but slips in Doing Business ranking
October 29, 2013, 7:20 pmThe Island

Sri Lanka made the most changes in South Asia making it easier to do business, but the country slipped to 85 from 81 in a global ranking compiled by the World Bank group as several other nations raced ahead.

The World Bank group’s ‘Doing Business 2014’ report said Sri Lanka was the regional leader in implementing regulatory reforms.

Over the past year Sri Lanka had made it easier to get a construction permit by eliminating the requirement to get a tax clearance and by reducing building permit fees.

Getting electricity was made easier and processing time was cut as state-run Ceylon Electricity Board used information technology.

Electronic payments for port services had made trading across borders easier.

Paying taxes was made easier with electronic filing of retirement fund payments. India already has an online system for paying taxes.

South Asian countries made 11 reforms to make business easier over the past year.

"We are encouraged by the rapid pace of reform in South Asia, which is advancing the region toward global good practices," Augusto Lopez-Claros, director of Global Indicators and Analysis, World Bank Group said.

"Doing Business is about smart business regulations, not necessarily fewer regulations."

The rankings do not take into account other factors that make doing business - or making a better environment for any person to simply live - such as having rule of law, justice, free trade, low inflation and low budget deficits.

But analysts say the ‘Doing Business’ report has made rulers in many countries reduce controls, and made control-happy bureaucrats think twice before imposing yet another restriction on hapless citizens, thereby generally helping expand the liberties of the ordinary citizen.

Sri Lanka had also set up a committee to improve the ranking along with several other countries and has made steady gains over several years.

Hong Kong and Singapore were the easiest place to do business.

Large gaps exist between the freest places to do business and other countries, despite making gains over the years leaving more room for improvement.

Though Sri Lanka made it easier to get construction permits over the past year it still took 186 days and 17 procedures with a world ranking of 108. In Hong Kong, it was 71 days and 6 procedures with a world ranking of 01.

The new procedures had cut the time it took to get an electricity connection in Sri Lanka by 22 days with only 4 procedures. But it still took 110 days and 10 times the per capita income in fees. In Hong Kong it took only 38 days and 1.5 percent of per capita income in fees.

Last year the Columbian utility Codensa has opened a ‘one stop shop’ cutting the time for a power connection to just 60 days, according to the report.

Countries that overtook Sri Lanka over the past year include Moldova, which moved up to 78 from 83 and Guatamala which moved up to 79 from 93.

(LBO)

Sponsored content


Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum