Courtesy of Nikkei Asia, commentary on Sri Lanka’s economic rebound: Rising interest rates and falling export demand are blunting the post-COVID economic resurgence of many Asian economies. But for Sri Lanka, the only country in the region to default on its official debt amid the economic squeeze caused by the pandemic and the Ukraine war, […]
Read more »Via The Frontier Post, an article on India’s plans to help develop a port and economic hub in Sri Lanka: India and Sri Lanka said on Friday that they had agreed to improve economic ties by increasing cooperation in renewable energy and studying the feasibility of building an oil pipeline and a land bridge between […]
Read more »Via Energy Daily, an article on a Chinese state-owned firm’s plans to build major Sri Lanka port complex: A Chinese state-owned firm said on Monday it plans to take its investment in Sri Lanka to $2 billion by building a major logistics hub. Sri Lanka is looking to kickstart its economic recovery after defaulting on […]
Read more »Courtesy of STRATFOR’s Worldview, an interesting analysis of south Asia’s most vulnerable economies, namely Bangladesh, Sri Lanka and the Maldives: In the coming months and years, Bangladesh, Sri Lanka and the Maldives will need to implement macroeconomic adjustment programs to maintain market confidence and retain access to external financing at a reasonable cost, which will […]
Read more »Via The Diplomat, a report on how – with recent visits to Colombo by top officials from India and the U.S. – Sri Lanka’s power sector is becoming a theater of big power rivalry: Two top foreign officials visited Sri Lanka within a fortnight spanning late January and early February. The optics of these tightly […]
Read more »Via The Daily FT (Sri Lanka’s first and only national daily business paper), a report on recent Emirati investor delegation visit to Port City Colombo: A delegation of investors from the United Arab Emirates, led by Sheikh Mohammed Bin Maktoum Bin Juma Al Maktoum, visited Port City Colombo on 14 January, during a special visit […]
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