All Countries and All Sectors

Sri Lanka’s energy sector has undergone a significant transformation in recent decades, as growth in the economy and population have eroded the country’s capacity to meet its energy needs via hydropower, strained the national grid and pushed thermal generation to dominate the industry.

Sri Lanka is poised to become a regional, and perhaps global, leader in renewable energy (RE) development, with the push to switch to a robust clean energy agenda coming in the wake of increasingly extreme weather patterns, which includes two years of severe drought that significantly reduced hydropower output. According to a May 2017 report...

While advanced economies generate the vast majority of insurance and reinsurance business, emerging markets are posting higher rates of growth. Complementing this underlying trend is a strong and expanding interest in catastrophic risk, which by nature tends to pertain to emerging markets. This is coming alongside fast-paced, sector-...

A growing economy, changing demographics and investment by major international companies are all contributing to the growth of Sri Lanka’s insurance sector. Alongside this, ongoing regulatory changes to stabilise the sector have catalysed mergers and acquisitions, and further consolidation looks likely.

Monetary tightening and the Central Bank of Sri Lanka (CBSL) flexible exchange rate policy served to cool the economy by slowing down credit to desired levels and controlling inflation to some degree. The economy, which saw significant weakness in 2016 and the first quarter of 2017, readjusted accordingly. Starting in February 2017 foreign...