Do you expect Sri Lanka to follow the downward trends that are hurting other emerging markets?
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Interviews & Viewpoints | Dilshan Wirasekara, CEO, First Capital Holdings: Interview from The Report: Sri Lanka 2016
Articles & Analysis | Diversified from The Report: Sri Lanka 2016
THE COMPANY: Hemas Holdings is a diversified conglomerate, established as a family-owned entity in 1948, and listed on the Colombo Stock Exchange in 2003. The group’s operations are aligned into four main business streams: Health care, with a 42% contribution to company revenues, fast-moving...
Articles & Analysis | Manufacturing from The Report: Sri Lanka 2016
THE COMPANY: Textured Jersey Lanka (TJL) commenced commercial operations in Sri Lanka in 2001 with Textured Jersey UK and Brandix as joint venture partners. A public limited liability company, renowned for the production of quality, weft-knit fabric, TJL was quoted in the Colombo Stock Exchange (CSE...
Articles & Analysis | The successes and challenges of building a healthy debt market in Sri Lanka from The Report: Sri Lanka 2016
Sri Lanka sold two international bonds in 2015, transactions which coincided with the advent of the new government, and both issues were great successes. They generated significant demand, and pricing was seen as good. In addition, the issues provided confirmation that the international community has faith in the new administration. Indeed,...
Articles & Analysis | Power and energy from The Report: Sri Lanka 2016
THE COMPANY: LAUGFS Gas (LGL) is a subsidiary of LAUGFS Holdings. Established in 1994 the company entered into the liquefied petroleum gas (LPG) industry in Sri Lanka in 2001, in line with the Sri Lanka government’s move to liberalise the industry in the same year. Having consolidated itself as the...
Articles & Analysis | Expansion of Sri Lanka's stable banking sector could be limited by reluctance to diversify from The Report: Sri Lanka 2016
Well capitalised, well regulated and fast-growing, the Sri Lankan banking sector has faced no collapses in recent years and has benefitted from strong economic growth and relative stability following the end of the civil war in 2009. However, the sector remains fragmented, and some of the non-bank financial institutions are seen as potentially...