Positioned between west and east Asia, Sri Lanka sits on a major maritime route between Europe and the Far East and its natural resources have made it a trading centre for millennia.
An upturn in exports and investment helped counter weaker output from Sri Lanka’s agricultural sector in 2017, facilitating steady growth overall and raising prospects of further gains this year.
In an October update the World Bank forecast Sri...
The high-end segment of Sri Lanka’s residential real estate sector looks to be heading towards a period of consolidation and flat returns on the back of a sharp increase in supply.
What do you think is driving the growing infrastructure gaps throughout emerging and developing economies in Asia?
The Colombo Stock Exchange (CSE) is finalising plans to launch a dollar trading board, part of a broader strategy to develop Sri Lanka’s bourse into a regional capital markets centre and boost the inflow of foreign funds.
Increased access for air travellers, stronger advertising campaigns and enhanced bilateral cooperation are underpinning Sri Lanka’s push to expand its foothold in one of the world’s largest potential tourism source markets – India.
Following several years of high lending, hiked interest rates and the pursuit of Basel III compliance, credit growth in Sri Lanka could slow this year and into 2018.