Sri Lanka Equity Forum
Dear Reader,

Registration with the Sri Lanka Equity Forum would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
Sri Lanka Equity Forum
Sri Lanka Equity Forum

Discussion Forum for Stock Market Investors in Sri Lanka

සිංහල පරිවර්තනය
Submit Post
Submit Post

Latest topics

» Do not be greedy, rely on small profits Guide to the markets
by Asoka Samarakone Today at 12:11 pm

» Sri Lanka Equity Market Place
by Miss-Sangeetha Today at 11:02 am

» LOFC IN FOR A BIG RUN
by mahasona2 Yesterday at 4:13 pm

» 6 % of EPF funds in stock market
by hammurabi Yesterday at 3:47 pm

» Weekly Stock Market Roundup
by Insights Equity Yesterday at 12:54 pm

» EPF Enter Stock Market
by visvajith Yesterday at 12:20 pm

» UNION BANK (UBC) to be takeover by Union bank of india
by Soilconomy Yesterday at 8:54 am

» SEC yet to publish its 2017 Annual Report
by ChooBoy Yesterday at 6:01 am

» EAST Steady at 18
by Chanaka303 Fri May 17, 2019 10:20 pm

» Daily Stock Market Update
by Insights Equity Fri May 17, 2019 6:42 pm

» Look PAP Amazing company
by Miss-Sangeetha Fri May 17, 2019 2:35 pm

» 20th MAY IS IT A HOLIDAY FOR CSE?
by Winner123 Fri May 17, 2019 1:33 pm

» Hight Profile Selling at EAST
by Miss-Sangeetha Fri May 17, 2019 12:12 pm

» Why AAIC Should trade above RS.50/-
by wisdom79 Fri May 17, 2019 11:13 am

» East total Hotel deal value US $ 58 Mn there will be another Dividend, Nahil's family is smart
by karuna2 Fri May 17, 2019 6:48 am

» What is going on with TFC.N0000
by Gihan04 Thu May 16, 2019 11:58 pm

» emer???????????????????????
by roky@ Thu May 16, 2019 9:58 pm

» Sri Lanka's Commercial Bank's deposits surpass landmark Rs 1 Trillion in Q1 2019
by hammurabi Thu May 16, 2019 8:05 pm

» LIOC upward curve
by hammurabi Thu May 16, 2019 7:42 pm

» Maithree pala siresenas next winning chance
by Uaecoindubai Thu May 16, 2019 5:10 pm

» RENUKA CAPITAL PLC KZOO.N0000@2.80
by Uaecoindubai Thu May 16, 2019 5:05 pm

» Mahaweli coconut will be listed soon
by Uaecoindubai Thu May 16, 2019 4:57 pm

» BALA can come down to 9/-
by Uaecoindubai Thu May 16, 2019 1:08 pm

» Sri Lanka's tourist industry has debt and tax relief of up to two years????
by Uaecoindubai Thu May 16, 2019 1:08 pm

» BFN slowly slowly unloading
by Uaecoindubai Thu May 16, 2019 1:04 pm

» Dark times - Sampath Bank
by Uaecoindubai Thu May 16, 2019 12:55 pm

» Sampath Bank PLC Rights Issue of Shares @ Rs.136/- p.s
by Uaecoindubai Thu May 16, 2019 10:09 am

» Please DON'T SELL IN PANIC, BUY, ONLY A SMALL INCIDENT, IT'S COMPLETELY OVER!!!!!
by mark Wed May 15, 2019 11:39 pm

» ආස නැද්ද ඔබ?
by reyaz Wed May 15, 2019 3:59 pm

» Reasons for market to crash
by Maharaja Wed May 15, 2019 12:54 pm

» AIA INSURANCE DE-LISTING (CTCE)
by mark Wed May 15, 2019 12:45 pm

» Bitcoin reached 8K while ..
by Uaecoindubai Wed May 15, 2019 11:45 am

» HOW ABOUT MASK
by Namal Wed May 15, 2019 5:52 am

» Market will test 4700
by karuna2 Tue May 14, 2019 12:16 pm

» Garment Shares are the most demanding at this situation : No hotels / No poultry
by Trader321 Mon May 13, 2019 10:11 am

» Is Nimal Perera trying to push down East shares using Twitter to buy More at lower price to collect dividend?
by dmtmadusanka Sat May 11, 2019 10:05 pm

» remove the white flag as a forum picture
by samaritan Sat May 11, 2019 12:24 pm

» Buy GHLL.N0000 Galadhari Hotels
by Uaecoindubai Thu May 09, 2019 2:05 pm

» Losses Double..
by Uaecoindubai Thu May 09, 2019 12:55 pm

» Understanding Technical Analysis
by Miss-Sangeetha Thu May 09, 2019 7:15 am

» Best picks for May
by Bdcdman Wed May 08, 2019 3:03 pm

» TERRORIST ATTACK : FROM A SOULLESS NATION TO NATION OF OWNERSHIP
by ranferdi Wed May 08, 2019 1:45 pm

» HEXP 2ND DIVIDEND
by Uaecoindubai Tue May 07, 2019 5:29 pm

» Significant demand for Ceylon Tea from global South
by Namal Tue May 07, 2019 7:35 am

Sri Lanka Equity Business Classiifieds
Submit Post

You are not connected. Please login or register

Sri Lanka Equity Forum » Stock Market Talk » ADB downgrades SL GDP growth: Upgrades B'desh, Pakistan, Nepal & India

ADB downgrades SL GDP growth: Upgrades B'desh, Pakistan, Nepal & India

Go down  Message [Page 1 of 1]

DS Wijesinghe


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
ECONOMYNEXT – In an update to its Asian Development Outlook, the ADB said it had revised down the island’s annual economic growth rate to 3.8 percent from 4.2 percent in 2018 and 4.5 percent from 4.8 percent in 2019.

Overall, the ADB said South Asia as a region is on track to meet the 7.0 percent sub regional growth forecast in ADO 2018 with continued recovery in India, and to accelerate as forecast to 7.2% in 2019 with faster expansion in the rest of the region


“Growth forecasts for Bangladesh, Nepal, and Pakistan are upgraded on higher domestic demand and supportive government policies, including currency devaluation and, in Pakistan, the imposition of new tariffs on imported goods.”

“Sri Lanka’s growth forecast is downgraded for both this year and next on weak investment and exports, and as the government implements structural reform to lift its fiscal performance,” the report said.

“By contrast, inflation moderated in Sri Lanka with easing food prices and the statistical base effect from last year’s high prices.”

The update lowered the outlook for inflation down to 4.5 percent from 5.2 percent in 2018 and 4.7 percent from 5.0 percent in 2019. 

Growth projections are revised down for Sri Lanka where the first quarter witnessed tightening government consumption, stagnant fixed investment, and lower net exports, the ADB said.

. “Continued expansion in manufacturing and construction supports the earlier 7.6% growth forecast for these sectors this year,” the report said. 

https://economynext.com/ADB_lowers_Sri_Lanka_growth_expectations_for_2018_and_2019-3-12027-1.html

shane001


Manager - Equity Analytics
Manager - Equity Analytics
This will illustrate our economy and cse future. None make none gain

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum