What do major mixed-use developments mean for Colombo’s development?
Asia Economy
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Interviews & Viewpoints | Ajit Gunewardene, Deputy Chairman, John Keells Holdings: Interview from The Report: Sri Lanka 2016
Interviews & Viewpoints | Kabir Hashim, Minister of Public Enterprise Development: Interview from The Report: Sri Lanka 2016
Articles & Analysis | Sri Lanka's new pro-business government creates economic opportunities from The Report: Sri Lanka 2016
Sri Lanka prospered under its former president, Mahinda Rajapaska, a figure who is credited by many with ending the civil war and practising a highly directed, centralised style of management. During his tenure GDP growth remained high, rising over time and, despite some volatility, stayed positive throughout his administration. Now, the...
Articles & Analysis | Overseas remittances and tourism keep capital circulating in Sri Lanka from The Report: Sri Lanka 2016
Worker remittances have been growing over time and now play an important role in the country’s international capital flows. They surpassed $7bn in 2014, up from about $2bn in 2006. Despite levelling off in early 2015, they then reached $8.2bn in 2015, which remains a large portfolio for a $75bn economy.
Articles & Analysis | Sri Lankan government moves to service its debts to increase investment attractiveness from The Report: Sri Lanka 2016
Sri Lanka’s debt picture is decidedly mixed. In some ways, the country has been greatly successful in managing its international exposures. Government obligations have fallen significantly, from over 100% of GDP in 2004 to about 74% in 2015.
