A host of bold reforms aimed at improving the investment environment are being undertaken after Sri Lanka slid one spot to land at 111th place in the World Bank’s “Doing Business 2018” report index, which measures the ease of conducting business across a variety of indicators. The government’s Vision 2025 mid-term economic agenda targets...
Decades of growth in trade and foreign investment have seen the economies of the world become more interconnected and interdependent than ever before. The production of goods and, increasingly, the provision of services has become fractured across borders as corporations create and integrate into regional and global value chains – a process...
China’s BRI has been dubbed the project of the century – it is a vast and ambitious strategy with the objective of boosting the flow of trade, capital and services between China and various areas in the rest of the world by funnelling billions into international transport, telecommunications, energy and other infrastructure undertakings.
Trade and investment activities in Sri Lanka benefit from the country’s location along busy Indian Ocean trade routes, access to the larger markets of India and Pakistan, abundant agricultural and industrial exports, and a young skilled workforce. Value-added textiles have joined tea, rubber and spices to become a major export earner in recent...
After an uncertain period, the Colombo Stock Exchange (CSE) is back on an upward trajectory, supported by the improving economic climate. The market will see significant reforms in 2018 to strengthen regulation, increase the bourse’s independence and efficiency, and broaden the range of products available. While the CSE has had its ups and downs since the civil war ended, its overall...
With the economy expected to pick up pace in 2018, and steady expansion forecast over the coming years, the insurance sector is well placed to benefit. Regulatory changes are creating challenges for weaker firms, and encouraging even healthy companies to reconsider their positions, particularly in the non-life segment. This should lead to further consolidation, with the stronger players...
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