The IMF predicted “broadly stable” growth for Sri Lanka in the next 2 years with improvement in GDP pinned at a 6% range.Releasing the Asia Pacific Region’s Economic Outlook,the IMF projects Lankan economy to grow by 6.3% in 2013 and 6.7% in 2014.
Tourist arrivals up 7.7% in March 2013
Sri Lanka’s tourist arrivals rose 7.7% to 98,155 in March 2013 with strong growth from key Western markets and China,official data shows.In the first 3 months of the year arrivals were up 10.9% to 288,798.
Knowledge Park – Colombo
Sri Lanka is building a ‘Knowledge Park’ at a cost of US$7Mn as per officials. The Tripoli Market in the capital Colombo will be transformed to host professionals from varied fields of expertise to interact with each other and promote innovation and new ideas.
Katunayake Expressway to be opened in August 2013
Arrangements are being made to open the 26 KM long Katunayake-Kelaniya Expressway in August, built at a cost of US$ 291 Mn.The Ports and Highways Ministry commenced the construction of the express way in 2009.
Trincomalee Port City
Sri Lanka is set to improve infrastructure in the northeastern port city of Trincomalee with an US$85Mn loan from the Asian Development Bank.The Integrated Urban Development Project for Trincomalee will improve city infrastructure and encourage port related private sector investments.
Stock Market Update :
About Us
The Sri Lanka fund is an open ended Fund denominated in US Dollars which primarily invests in equities and other equity linked securities with exposure to the Sri Lankan market. It is an exempt Company with limited liability incorporated in the Cayman Islan...
Read about Sri Lanka
Colombo Stock Exchange
Securities and Exchange Commission
Central Bank of Sri Lanka
Department of Statistics
Lanka Business Online
