The national carrier of Sri Lanka is poised for a major shift in strategy, ranging from privatisation to network restructuring, in a bid to achieve sustained profitability.
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Economic Update | Sri Lanka’s national carrier eyes turnaround
29 Feb 2016
Economic Update | Sri Lanka Year in Review 2015
16 Dec 2015
In the wake of general elections earlier this year, Sri Lanka has emerged with a renewed emphasis on economic reforms and fiscal consolidation, which has allayed concerns for many local and foreign...
Economic Update | Sri Lanka’s clothing industry looks to regain competitiveness
27 Nov 2015
With an eye on the target of reaching $8.5bn worth of clothing exports per annum by 2020, Sri Lanka’s apparel manufacturers are backing a national bid to regain preferential trade concessions from...
Economic Update | Sri Lanka’s gem industry eyes recovery
31 Oct 2015
A $1bn revenue target is spearheading Sri Lanka’s efforts to solidify its place as a key source market for gemstones and jewellery, although flat global sales of luxury goods, coupled with labour...
Economic Update | Sri Lanka to see oversupply in the luxury property market
28 Sep 2015
Supply is set to overtake demand at the high end of Sri Lanka’s residential property market, with a series of large-scale projects under way in and around Colombo.