Business Today Sri Lanka - April 2023

I dette nummeret

With rising interest rates, the strengthening of the US dollar and weaker global growth, how acute are the risks of a systematic sovereign debt crisis in emerging and advanced economies?
The renowned European Society for Quality Research (ESQR) Award received by People’s Leasing & Finance from the European Society for Quality Research was presented to President Ranil Wickremesinghe by Pradeep Amirthanayagam, Chairman of People’s Leasing & Finance, in the presence of Shamindra Marcelline, Chief Executive Officer and General Manager of People’s Leasing & Finance.
Democratic capitalism – the marriage of the market economy with democratic politics – has generated an unprecedented combination of prosperity with political and economic freedom. However, its fragility has also become more evident with the rise of authoritarian populism. What is needed to ensure that democratic capitalism continues to thrive under the stresses of internal frictions, environmental challenges and powerful rival systems?
For several months, the global economy has been grappling with the threat of recession, with investors remaining on the edge as various investment products struggle to live up to expectations.