Tuesday, May 23, 2017
SRI LANKA NEWS

Sri Lanka Economy

Sri Lanka seeks to reboot economy


Colombo downtown, Sri Lanka

East Asian nation lags behind competing economies and sets a growth target of $50 billion in exports. Sep 22, 2015

Industry & Trade | Asia-Pacific | Sri Lanka


Tourism In Sri Lanka

Tourist arrivals increase by 14.1% during 2015


One of Sri Lanka’s stunning palm-fringed beaches, which are just part of the country’s draw for ever-increasing numbers of tourists

Sri Lanka's tourism industry is booming and recorded half-year earnings of $1.3 billion in June 2015 as more and more people experience the nation’s... Sep 22, 2015

Tourism & Culture | Asia-Pacific | Sri Lanka


Sri Lanka: One of the oldest financial systems in Asia

Mr. R.S. Egodage
CEO of Commercial Credit and Finance

Mr. R.S. Egodage, CEO of Commercial Credit and Finance, sits down with Globus Vision to... Sep 24, 2015


A look at the expansion of the largest bank in Sri Lanka

Ronald C. Perera
Chairman of Bank of Ceylon, Sri Lanka

Globus Vision sits down with Ronald C. Perera, Chairman of Bank of Ceylon; discussing the... Sep 22, 2015


“We are the technology innovators bringing new and creative solutions to the table”

Aravinda Perera
Managing Director of Sampath Bank

The first bank in Sri Lanka to introduce MasterCard and Visa payments, an ATM network, mobile... Sep 02, 2015


CSC advocates the benefits of coastal shipping

Shashi Dhanatunge
Chairman of the Ceylon Shipping Corporation Ltd.

Initiatives such as the Colombo Port Expansion Project (CPEP), which will add three more... Aug 19, 2015


NSB identifies infrastructure as fundamental for growth


Aswin De Silva, Chairman of the National Savings Bank (NSB), Sri Lanka’s third largest... Aug 13, 2015


“The impossible has already been done; miracles take a little longer”

Ravi Karunanayake
Minister of Finance

A new era of governance is attracting high-level international attention and clearing away... Aug 04, 2015



LOCATION:

Southern Asia, island in the Indian Ocean, south of India



CAPITAL:

Colombo



AREA - comparative:

slightly larger than West Virginia



CLIMATE:

tropical monsoon; northeast monsoon update paises set descripcion = December to March); southwest monsoon update paises set descripcion = June to October)



GDP - composition by sector:

agriculture: 12.8%

industry: 29.4%

services: 57.8% update paises set descripcion = 2010 est.)



AGRICULTURE - products:

rice, sugarcane, grains, pulses, oilseed, spices, vegetables, fruit, tea, rubber, coconuts; milk, eggs, hides, beef; fish



INDUSTRIES:

processing of rubber, tea, coconuts, tobacco and other agricultural commodities; telecommunications, insurance, banking; tourism, shipping; clothing, textiles; cement, petroleum refining, information technology services, construction



EXPORTS:

$8.307 billion update paises set descripcion = 2010 est.)

country comparison to the world: 97

$7.085 billion update paises set descripcion = 2009 est.)



EXPORTS - commodities:

textiles and apparel, tea and spices; rubber manufactures; precious stones; coconut products, fish



EXPORTS - partners:

US 19.6%, UK 10.4%, Italy 5.1%, India 4.9%, Germany 4.9%, Belgium 4.1% update paises set descripcion = 2010)



COUNTRY REPORTS




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OUTSTANDING COMPANIES

Commercial Credit & Finance Plc

Vision/Mission / Purpose Vision -: To be the most...

Ceylon Shipping Corporation Ltd.

Vision/Mission Our Vision To develop a dependable...

The Capital Maharaja Organisation Limited

The Capital Maharaja Organisation Limited is, today,...




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