Business process outsourcing (BPO), has become an increasingly important part of Sri Lanka’s economy. The country’s BPO industry recorded export revenue of $850m in 2015, according to figures from the Central Bank of Sri Lanka, making it the country’s fifth-largest export revenue earner that year. Industry leaders expect this number to rise to...
With strong economic growth and an expanding population, Sri Lanka faces increasing demand for cost-efficient and clean energy. Similarly, the expansion and modernisation of the country’s cities, towns and villages is also placing higher demands on water and sewerage services, with investment in these vital utilities needed for successful...
Hydrocarbons are a relatively recent addition to Sri Lanka’s energy mix, which has long relied on hydroelectricity for much of its power generation needs. While coal and fuel oil have taken on an increasingly larger role in recent times, the government has also announced several ambitious goals in the field of renewable energy (RE). Mini-hydro...
Which tourism segments should Sri Lanka target to increase growth, and what marketing techniques should be employed in this effort ?
An up-and-coming middle class with disposable income and a preference for spending over saving, in addition to a strong economy with mounting tourism receipts and few restrictions on foreign investment, make Sri Lanka a favourable destination for retail investors of all stripes. Nevertheless, the sector does face some near-term barriers to...
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