Economy

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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’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...

 

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...

 

After centuries of foreign rule and years of internal conflict, Sri Lanka is now changing its focus to reforming the nation’s political and economic spheres to exert its renewed influence in the region and become an independent, global player. Now is the time to see if Sri Lanka has the will to implement challenging reforms and take its place...

 

In many ways Central Luzon, or Region III, shares many characteristics with Calabarzon, the country’s industrial core. As well as being an affluent region, Central Luzon is the third-highest contributor to GDP, with Bulacan and Nueva Ecija ranking among the top-10 earning provinces according to the Commission on Audit’s 2015 “Annual Financial...

 

Over the years Central Visayas’ key city, Cebu, has grown into one of the country’s most significant provincial economies and an attractive destination for foreign direct investment (FDI). Formerly the country’s colonial capital, and currently known as the Queen City of the South, Cebu’s central location has positioned the island as a natural...

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