Sri Lanka Articles & Analysis

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A thriving tourism sector is feeding expansion in Sri Lanka’s real estate industry and the pace is not expected to slow in the near term. Indeed, the government’s tourism strategy aims to make Sri Lanka Asia’s most sought-after destination, and a wide array of new hotels will be needed to accommodate the increase in visitors expected to the...

 

Sri Lanka, like many developing markets, sees education as a crucial part of building up the country, and does so by providing free schooling and tertiary education to all citizens. Parents place enormous value on education as well. This joint commitment has helped create an education system that is widely regarded as the best in South Asia,...

 

What can the government do to address the issue of “brain drain” in the higher education sector?

 

Despite spending only a small percentage of its GDP on health, Sri Lanka is seen as a relative success story in South Asia. It has successfully tackled a raft of infectious diseases – from malaria to filariasis and rabies – that once ravaged its population, and created a public health system that provides inexpensive and quality care to all....

 

How has the sector demonstrated its commitment to increase insurance penetration levels?

 

These are changing times for Sri Lanka’s insurance sector. Major regulatory moves over the last two years have seen much strengthening and consolidation, with these processes set to continue in the year ahead. Profitability remains high, particularly in the life insurance segment, while in the non-life segment a fiercely competitive...