Sri Lanka’s economy has been making progress in recent years, which should stand it in good stead during the potentially difficult times ahead. Major efforts have been made to instil greater fiscal discipline, and modernise monetary and exchange rate policy, while steps have also been taken in the management of government expenditure and the maximising of public sector revenue. Meanwhile, trade...
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Chapter | Trade & Investment from The Report: Sri Lanka 2019
Trade and investment activities in Sri Lanka benefit from the country’s location along busy Indian Ocean trade routes, abundant agricultural and industrial exports, and a young, skilled workforce. Just 19 km separate its southern-most port from a global shipping lane carrying two-thirds of the world’s oil and half of its container shipments. This makes local ports a natural staging post for...
Chapter | Country Profile from The Report: Sri Lanka 2019
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. While much of the country’s recent history has been tainted by a decades-long civil war, post-conflict euphoria brought with it a sense of renewal and optimism. A coalition administration elected in 2015 pledged...
Indonesians will go to the polls on April 17 to elect their head of state for the next five years, with the two candidates on the ballot paper offering differing views of how the country’s $1trn economy should be managed.
As part of ongoing efforts to liberalise the financial services industry and increase credit to the private sector, the Central Bank of Myanmar (CBM) has introduced regulations to facilitate foreign investment in domestic lenders.
Articles & Analysis | Travel tips for Sri Lanka from The Report: Sri Lanka 2019
LANGUAGE: Sinhala, or Sinhalese, is the dominant language spoken across the island and among Sri Lanka’s Buddhist Sinhalese majority. It is one of the recognised official languages of the country alongside Tamil, the country’s minority ethnic group. English is commonly spoken within the business community, though this can be a challenge...