Wednesday Apr 02, 2025
Saturday, 23 May 2020 00:01 - - {{hitsCtrl.values.hits}}
The latest LMD-Nielsen Business Confidence Index (BCI) survey reveals that sentiment surrounding the economy declined substantially in April with 62% of respondents expecting conditions to deteriorate in the next 12 months – an increase from 16% in the previous month.
Similarly, the outlook for business has also waned with only 44% of those surveyed stating that sales volumes will improve in the coming 12 months compared to 60% in March. As for the short term, a mere 13% of those consulted by Nielsen expect sales volumes to improve in the next three months while 63% believe that prospects will worsen.
Meanwhile, sentiment surrounding investment climate has also eroded as a majority (60% – versus 32% in March) of those consulted by the pollsters view conditions in a negative light.
In contrast, almost a quarter of survey respondents consider prevailing conditions to be ‘fair’ while 16% describe the climate as ‘good’ or better.
Media Services, the publisher of LMD, says the May edition of the magazine has been released – its digital edition is also available on WhatsApp and the publisher’s social media platforms.
LMD’s Cover Story features an exclusive interview with the CEO of MAS Holdings Suren Fernando, in which he discusses the apparel industry in relation to the export sector in the midst of the COVID-19 crisis, human resources and country profile (for the full story, log onto www.LMD.lk).
Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event including Valentine ’s Day. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Flower Bouquets, Clothing, Watches, Lingerie, Gift Sets and Jewellery. Also if you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.
Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event including Valentine ’s Day. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Flower Bouquets, Clothing, Watches, Lingerie, Gift Sets and Jewellery. Also if you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.