Sri Lanka

We are growing cautious towards Sri Lanka's Colombo All Share Index, with equities looking increasingly exposed to a significant downside correction. A weak monthly close in the context... 2010-02-16

The arrest of Sarath Fonseka, the opposition candidate in the January 26 presidential polls, augurs badly for freedom of speech under the extended mandate of re-elected President... 2010-02-09

The arrest of Sarath Fonseka, the opposition candidate in the January 26 presidential polls, augurs badly for freedom of speech under the extended mandate of re-elected President... 2010-02-09

We view the re-election of President Mahinda Rajapaksa as positive for Sri Lankan growth in the short term as it will ensure the political stability needed to support the economic... 2010-01-27

Substantial expenditure pledges in the run-up to the presidential elections on January 26 have prompted us to revise up our nominal fiscal deficit forecast for 2010 from 6.3% to 6.8%... 2010-01-11

We remain wary the Colombo Stock Exchange (CSE) in spite of its resilience to negative headwinds in the form of the arrest of a key foreign equity investor on insider charges and... 2009-10-19

BMI View: Sri Lankan equities have emerged as global outperformers thanks to the end of the civil war and a more insulated economy, but they are due a breather after such steep gains.... 2009-10-13