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Latest articles from Sri Lanka

Sri Lanka teaser

Sri Lanka looks to technology and BPO to develop its economy

May 6, 2020

Sri Lanka is adding higher skilled sectors to its traditional offerings of tourism and tea. 

BOC

Coronavirus, consolidation and challengers: Sri Lankan banks' triple challenge

May 6, 2020

Banks in Sri Lanka are facing a triple threat that goes beyond the coronavirus pandemic.

WD Lakshman teaser

Sri Lanka CBG calls for strong traditional banking

May 6, 2020

The new governor of the Central Bank of Sri Lanka talks to The Banker about how he will bring his academic experience to the role. 

Hambantota Port teaser

Is Sri Lanka latest to fall into a China debt trap?

April 3, 2018

Indebtedness to China has obliged Sri Lanka to hand over a major port to its financier. Is this an emerging pattern in Asia? Nikkei staff writer Yuji Kuronuma reports. 

Ravi Karunanayake teaser

The five-year plan to transform Sri Lanka

January 30, 2017

Sri Lanka has emerged from decades of national unrest and is now fighting to combat corruption and instil fiscal discipline. Finance minister Ravi Karunanayake outlines the government’s new vision for economic development to Jacopo Dettoni. 

GET-Ravi Karunanayake

Sri Lanka finance minister bemoans hurdles hindering clean-up job

June 1, 2016

Sri Lanka's new finance minister, Ravi Karunanayake, tells Stefania Palma that his attempts to improve the country's economic fundamentals are being hampered by legacies from the previous government, an unco-operative IMF and an international wall of silence when it comes to corruption investigations.

Ajith Nivard Cabraal

Sri Lanka's call for consolidation

October 1, 2014

At a time of heightened risk perception in the global financial sector, Sri Lanka is set to consolidate its financial industry to resist volatility and potential shocks, and boost the standard of living throughout the country.

Sri Lankas banks prosper in peace

Sri Lanka's banks prosper in peace

August 1, 2013

Sri Lanka’s banks have been riding on a peace dividend since the end of a 26-year civil war in 2009. As they push ahead, supporting the country’s economic development goals, there are concerns – such as capital constraints and increased regulation – but the mood remains optimistic.

Ajith Nivard Cabraal

March 31, 2010

Having emerged from years of civil war, Sri Lanka is in a position to address its long-term economic development and infrastructural regeneration. The country's central bank governor discusses his monetary policy for 2010 and explains how it will work alongside the government's reform plans. Writer Michelle Price

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Sri Lanka waits for the smoke to clear

June 4, 2009

As Sri Lanka's civil war ends, domestic and global banks are eyeing potential stable investments in a country that has until now attracted a great deal of caution from financiers as a consequence of its long-running conflict. Writer Eric Ellis in Colombo

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