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ElaKiri Talk!
Global economy crisis and අපි
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<blockquote data-quote="tenXents" data-source="post: 25256651" data-attributes="member: 567998"><p>The US economy will survive because of big tech and the Chinese economy will survive because it is the manufacturing hub.But I seriously doubt Sri Lankan economy is going to come out of this unscathed because we don't have a competitive advantage on those sectors. However local retail and online retail companies might see their businesses surge. However that necessarily won't convert to more profit as the government will keep tightening restrictions on prices and so on as the Curfew will be imposed for longer and longer. Companies that deal non essential stuff will be hit the hardest. Undoubtedly local IT sector will take a hit, as their international customers are hampered by the crisis as well.</p></blockquote><p></p>
[QUOTE="tenXents, post: 25256651, member: 567998"] The US economy will survive because of big tech and the Chinese economy will survive because it is the manufacturing hub.But I seriously doubt Sri Lankan economy is going to come out of this unscathed because we don't have a competitive advantage on those sectors. However local retail and online retail companies might see their businesses surge. However that necessarily won't convert to more profit as the government will keep tightening restrictions on prices and so on as the Curfew will be imposed for longer and longer. Companies that deal non essential stuff will be hit the hardest. Undoubtedly local IT sector will take a hit, as their international customers are hampered by the crisis as well. [/QUOTE]
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