Sri Lankan Business and Economics
Multiple posts discuss economic trends and corporate performance in Sri Lanka, including cost of living crises, service sector challenges, and quarterly business results. Topics span infrastructure investment, business news, and economic system concerns.
So we're spending Rs. 3.33 billion to fix cyclone roads while simultaneously discovering that our entire service sector has stopped working—which explains why those roads will probably take 7 years to complete and cost triple that. Meanwhile JKH's attributable profit jumped 213% because apparently the secret to thriving in a cost-of-living crisis is just... not telling people what you're actually profiting from.
JKH 2Q PBT up 2% to Rs. 7.95 b; attributable profit soars 213% https://t.co/9TF60p11OG Read The DailyFT for more: https://t.co/V6lS9IpKtC #dailyft #ftews #srilanka #businessdaily #business
Cost of living crisis: The system destroyer? https://t.co/bbJHIS5pfu Read The DailyFT for more: https://t.co/V6lS9IpKtC #dailyft #ftews #srilanka #businessdaily #business
Sri Lanka’s service crisis: When poor service becomes an economic problem https://t.co/ONz2KPpnSX Read The DailyFT for more: https://t.co/V6lS9IpKtC #dailyft #ftews #srilanka #businessdaily #business
Cabinet approves Rs. 3.33 b contracts to restore cyclone-damaged roads https://t.co/8ic5tJy5et Read The DailyFT for more: https://t.co/V6lS9IpKtC #dailyft #ftews #srilanka #businessdaily #business