Sri Lanka has developed a variety of distinct economic sectors, which are capable of further integrating the country’s economy into the global value chain. The digital economy, tourism and commercial agriculture are coming of age in terms of their potential to offer high-value skills and remuneration to young jobseekers in the country.
Sri Lanka’s deal with the IMF agreed upon in June 2016 could help the country open a new chapter of wide-ranging economic reform. While noting the country’s economic weaknesses that have been brought into focus in recent years, the fund also looked favourably upon Sri Lanka’s competitive advantages. From them, the country can stands to benefit...
Sri Lanka has long served as an important strategic destination in the Indian Ocean, catering to merchants and travellers from South-east Asia, India, the Middle East and East Africa. Formerly known as Ceylon, the island was visited and admired by the likes of Marco Polo, who called it “the finest island of its size in the world”, well before...
After centuries of foreign rule and years of internal conflict, Sri Lanka is now changing its focus to reforming the nation’s political and economic spheres to exert its renewed influence in the region and become an independent, global player. Now is the time to see if Sri Lanka has the will to implement challenging reforms and take its place...
This chapter contains details on leading hotels in Sri Lanka, information for business or leisure visitors, phone numbers for government offices and embassies, and helpful tips for new arrivals to the island.
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