Sri Lanka is the 65th largest economy in the world and ranks 43rd among emerging markets in terms of GDP. The Sri Lankan economy grew at a rate of 4% in 2017. A subsscription to EMIS provides access to a database of over 400 companies in Sri Lanka as well as a range of sector reports, macroeconomic data and news from 130 local and global sources.
Trade deficit narrows further despite COVID-19 second wave
Daily Mirror | 2021-Jan-15
Sri Lanka’s economic growth will reach 4.2% in 2019, Daily News reported referring to South Asia economist at Standard Chartered Global Research, Saurav Anand. The growth is expected to enhance to 4.5% in 2020.
The economist underlined that the ...25 Feb
Sri Lanka's banks have granted loans worth LKR 1.3 trillion in 2018, which is a record-high amount for the sector, the Daily Mirror reported. Growth of provided loans stood at 19.6% on an annual basis despite higher interest rates and non-performing ...11 Feb
State-run Oman Oil Company is interested in acquiring up to a 30% stake in a large oil refinery project in Sri Lanka, Oman Bulletin reported referring to the country’s oil and gas minister H.E Dr. Mohammed bin Hamad Al-Rumhi.
He underlined that ...01 Apr
Sri Lanka-based Pan Asia Banking Corporation saw its total operating income rise by 34% on an annual basis to LKR 8.93 billion for 2018, Daily News reported. Net interest income rose by 39% on the year to LKR 6.52 billion.
In 2018, the bank’s n...26 Feb