Sri Lanka Archives

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Sri Lanka

Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Sri Lanka economic outlook, debt to GDP ratio, international trade performance and population trends. Rankings of Sri Lanka best banks and safest banks are also available.

Economics, Policy & Regulation

Sri Lanka: New President Wins In An Upset

In a massive political upset, a neo-Marxist political outsider won September’s presidential election in Sri Lanka. The victory of Anura...

Emerging & Frontier Markets

Sri Lanka: Recovery Takes Hold

To say that Sri Lanka has seen its ups and downs lately is a bit of a perennial. The island...

Emerging & Frontier Markets

Sri Lanka: IMF Approves Bailout

Sri Lanka’s perfect storm of economic disaster started with the Covid-19 pandemic and years of government nepotism, corruption, and economic mismanagement ultimately led to a$50 billion default on foreign loans.

News

Sri Lanka: Creditors Face Heavy Losses From Debt Crisis

President Gotabaya Rajapaksa has come under fire for his handling of the crisis.

News

New Strongman President Extends Family Affair

Sri Lanka's new president may be a strong man, but can he strengthen the economy?

Emerging & Frontier Markets

Growing Opportunities In Sri Lanka

Attracting foreign direct investment is a top priority for Sri Lanka as it transitions from an inward-facing economy toward a more diverse and export-oriented one.

Emerging & Frontier Markets

CONSTITUTIONAL REFORMS TOP THE NEW PRESIDENTS AGENDA

Newsmakers | Sri Lanka “The first 100 days of Sirisena’s manifesto are devoted to constitutional reforms,”

Economics, Policy & Regulation

Sri Lanka Lures Foreign Direct Investments

In what is considered a first step for even bigger foreign direct investment to Sri Lanka, TPG Capital announced in August it would invest $113 million to buy a majority stake in Union Bank, a small distressed financial institution based in Colombo.

Capital Raising & Corporate Finance

SRI LANKA: LIBERALIZING FOR GROWTH

Sri Lanka has an open business environment, but challenges—not least its recovery from the civil war that ended in 2009—remain.

Capital Raising & Corporate Finance

ANNUAL SURVEY: WORLD’S BEST BANKS 2014

In our 21st annual survey, Global Finance identifies the best banks in 150 countries and eight regions. The winners are not always the biggest banks, but rather, the best—those with the qualities that corporations should look for when choosing a bank.

Banking

BEST BANKS 2014: ASIA-PACIFIC

Developing Asia will grow by 6.2% this year and 6.5% next, according to Asian Development Bank estimates, up slightly from 6.1% in 2013. Despite the uptick in overall growth, banks around the region continue to face challenging landscapes.