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Decline in consumers' purchasing power hits manufacturing sector – The Island

SL Purchasing Managers’ Index – September 2022 Manufacturing PMI declined in September 2022, indicating a setback in manufacturing activities on a month-on-month basis. Accordingly, Manufacturing PMI recorded an index value of 42.6 in September 2022, with a decline of 7.0 index points from the previous month driven by the decreases in all the sub-indices, except […]
Manager Index Supplier Delivery New Orders Supplier Delivery Time New Businesses Business Activities
Source: island.lk

Virtusa Ranked Amongst Sri Lanka's Most Respected Entities of 2022 – The Island

Virtusa, a global provider of digital strategy, digital engineering and IT services and solutions that help clients change and disrupt markets through innovation engineering, reaffirmed its position among the Top 20 Most Respected Entities in Sri Lanka 2022, the 18th edition of LMD Magazine’s highly anticipated annual survey conducted by NielsenIQ. “We are proud to […]
Manager Index Supplier Delivery New Orders Supplier Delivery Time New Businesses Business Activities
Source: island.lk

Dr Sharmini Coorey appointed Independent, Non-executive Director

Dialog Axiata PLC, Sri Lanka’s premier connecitivty provider, announced the appointment of Dr Sharmini Coorey as an Independent, Non-executive Director on the Board, with effect from 15 October 2022. Dr. Sharmini Coorey is a former senior official of the International Monetary Fund (IMF) and currently a member of the Presidential Advisory Group on Multilateral Engagement […]
Manager Index Supplier Delivery New Orders Supplier Delivery Time New Businesses Business Activities
Source: island.lk

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Strong growth in new business conditions continues in the UAE

September PMI data from S&P Global saw operating conditions improve at a robust pace once again across the UAE non-oil economy, as strong new business growth continued to drive increases in output and employment. Firms also encountered relatively mild price pressures, as input costs rose only slightly after a renewed fall in August.
United Arab Emirates David Owen Manager Index

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