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Sri Lanka business confidence hits rock bottom: Ceylon Chamber of Commerce

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Protestors here seen gathering outside the presidential secretariat in Colombo a week ago, have achieved their aim, with legislators soon to elect a new president to replace Gotabaya Rajapaksa, who fled the country and resigned as president.

Arun Sankar | Afp | Getty Images

Business confidence in Sri Lanka is at its lowest in years, according to the chairman of the Ceylon Chambers of Commerce Vish Govindasamy.

“Business confidence is probably at its lowest since I’ve been in business. It’s probably the most difficult times that we have faced. But we are resilient,” he told CNBC’s “Squawk Box Asia” hours before lawmakers picked Prime Minister Ranil Wickremesinghe as president, to take over…



Source cnbc.com

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