Political instability, high inflation, low investments, increasing lawlessness and possible strikes by JVP-led unions in 2008 are the main concerns of Sri Lankan businessmen and economists.

A year ago, when we assessed the future and what would be in 2007, the issues were – high interest rates, high inflation, ‘high’ economic growth, rising cost of living and so on.

Ceylon Tobacco Company PLC said this week it has registered a new company called CTC Corporate Social Responsibility Projects (Guaranteed) Ltd to handle its CSR projects. The company will be operating under its parent CTC, but will be individually operating CTC’s current long-term CSR’s as well as any future projects.