Asia Economy

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Articles & Analysis | Tips for your trip to Sri Lanka from The Report: Sri Lanka 2017

 

ETIQUETTE: Business settings remain formal with small cultural nuances, but leeway is given to foreigners in this respect. While men normally shake hands with other men, and women with women, some women may not wish to shake hands with a man outside of family circles. It is best to wait and see if a...

Articles & Analysis | Sri Lanka Hotel Listings from The Report: Sri Lanka 2017

 

HILTON COLOMBO 2 Sir Chittampalam A Gardiner Mawatha Colombo 2 T: +94 112 544 644 F: +94 112 544 657 www.colombo.hilton.com colombo.reservations@hilton.com Rooms: 142 Hilton Guest rooms, 92 deluxe rooms, 61 executive rooms, 37 suites. Business & Conference Facilities: 24-hr secretarial services, fax, internet, printing, scanning, spiral...

 

Sri Lanka’s robust economic growth in recent years has boosted job creation, but the country still faces the challenges of high youth unemployment on one hand and skills shortages on the other.

 

With robust growth figures, improving infrastructure, an increasingly service-dominated economy and a new reform-minded government, Sri Lanka is an economic champion that has too often been overlooked. The island nation has seen continuous growth since a recession in 2001, even during the last years of the civil war, which ended in 2008. The...

 

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...

 

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...

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