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

Discussion Forum for Stock Market Investors in Sri Lanka

සිංහල පරිවර්තනය
Submit Post
Submit Post

Latest topics

» Sri Lanka Kattadiyalage Wegapitiya tries to manipulate Household Gas prices in Gas market, Wegapitiya lead LAUGFS Gas in a secret Deal to Bankrupt Government's Litro Gas by affecting 1.3 Million Households and 5 million people in the country
by Uaecoindubai Today at 2:55 pm

» 8 Finance companaies to be closed very soon
by Uaecoindubai Today at 2:42 pm

» Economic Health of Sri Lanka
by Uaecoindubai Today at 2:30 pm

» What is going on with TFC.N0000
by Uaecoindubai Today at 2:30 pm

» REEF possible run.
by hammurabi Today at 6:50 am

» EAST INTERESTING DAYS AHEAD 25+
by glad Yesterday at 10:40 am

» Weekly Stock Market Roundup
by Insights Equity Yesterday at 8:35 am

» Would CIC make an upward move in the coming weeks?
by hammurabi Yesterday at 12:39 am

» Why AAIC Should trade above RS.50/-
by wisdom79 Thu Apr 18, 2019 8:08 pm

» Daily Stock Market Update
by Insights Equity Thu Apr 18, 2019 6:17 pm

» SME M&A opportunity
by raheem72@gmail.com Thu Apr 18, 2019 1:21 pm

» Sri Lanka Hilton Hotels Must Investigate or Oust Unfit and Improper - Kashmi App Bankrupted Sanjiv Alles who hides about his Career in Kashmi for Colombo Hilton Hotel Director Profile
by AmalHoole Thu Apr 18, 2019 12:47 pm

» Why ALHP is having a huge demand despite consecutive losses?
by wisdom79 Thu Apr 18, 2019 11:03 am

» TIME TO LOOK AEL
by sanjulanka Wed Apr 17, 2019 6:42 pm

» HEXP next run up to 120-130
by nishjaya Wed Apr 17, 2019 12:21 pm

» Cabinet nod for Colombo Stock Exchange to be converted to a company limited by shares
by glad Wed Apr 17, 2019 9:30 am

» Lanka Bell to be acquired by Mobitel - Sources
by soileconomy Wed Apr 17, 2019 7:07 am

» Sri Lanka Watapota (WAPO) Guardian Capital lose Rs. 10 Mn of Funds because of Kashmi App Closed down, Kashmi Co-Founder Bankrupt Sanjiv Alles now landed on Hilton Colombo Director Board owned by Yahapalana Government
by AmalHoole Tue Apr 16, 2019 3:17 pm

» සුභ අලුත් අවුරුද්දක් වේවා.
by sanjulanka Mon Apr 15, 2019 12:38 pm

» I bought PCHH.N and SING.N sometimes back?
by hammurabi Mon Apr 15, 2019 12:14 pm

» Highest temperature hike after 128 years in sri lanka
by nimantha80 Sun Apr 14, 2019 4:47 pm

» DEBTS FREE AAIC MUST MOVE UP,3.36BN FROFIT, MARCH Q 1.00BN
by wisdom79 Sun Apr 14, 2019 8:15 am

» VONE , is it time to sell or holds
by Uaecoindubai Sat Apr 13, 2019 1:27 pm

» HVA WILL THEY RECTIFY THE REGULATORS QUARIES BEFORE DEAD LINE?
by nimantha80 Fri Apr 12, 2019 3:12 pm

» NDB Leasing Centers open at Gampaha, Negombo
by Uaecoindubai Thu Apr 11, 2019 8:17 pm

» BFN බොරු සෙලින් දාලා කොහොම හරි 11 වගේ ගානට 500000 එකතු කරගන්න කියලා අර 14 ට ලක්ශයක් සෙලින් දැම්මේ මේ ටේලර් මහත්තයාම තමයි
by dmtmadusanka Thu Apr 11, 2019 8:15 pm

» I met Karuna Today.
by Uaecoindubai Thu Apr 11, 2019 8:15 pm

» Look APLA its trending to 98LKR
by Uaecoindubai Thu Apr 11, 2019 8:13 pm

» ROYAL CERAMIC (RCL)
by Yahapalanaya Thu Apr 11, 2019 8:11 pm

» Look BPPL company
by Uaecoindubai Thu Apr 11, 2019 10:10 am

» PABC.N0000 ? Will come down to Rs. 11 - 12 level?
by Uaecoindubai Wed Apr 10, 2019 5:13 pm

» Any news on MBSL.N0000
by Uaecoindubai Wed Apr 10, 2019 4:56 pm

» New NDB Privilege Banking and Leasing Centres open in Kurunegala
by Soilconomy Wed Apr 10, 2019 11:30 am

» TIME TO WATCH - LOFC - BFN
by Uaecoindubai Wed Apr 10, 2019 11:20 am

» ශ්‍රිලංකාවේ ණය බරතාවය. Sri Lanka's Debt Trap
by soileconomy Wed Apr 10, 2019 7:28 am

» 2019 revised traffic fines
by Uaecoindubai Tue Apr 09, 2019 12:47 pm

» LLUB Surprise
by hammurabi Mon Apr 08, 2019 9:29 pm

» MARKET CRASH - GUARANTEED
by Uaecoindubai Mon Apr 08, 2019 5:11 pm

» Just 2% of investors control 95.7% of the stock market
by sanjulanka Mon Apr 08, 2019 8:47 am

» Lofc delisting??
by sanjulanka Mon Apr 08, 2019 8:17 am

» watch UBC -LDEV - BALA - LOFC
by karuna2 Mon Apr 08, 2019 7:43 am

» CHECK YOUR SELL ORDERS - BULLS ARE READY
by karuna2 Mon Apr 08, 2019 7:43 am

» REXP***REXP***REXP***REXP
by Uaecoindubai Sun Apr 07, 2019 11:20 pm

» Sena Yaddehige charged with insider dealing by Sri Lanka regulator
by Uaecoindubai Sun Apr 07, 2019 4:36 pm

» SOFT LOGIC TO BUY BFN ?????????
by Uaecoindubai Sun Apr 07, 2019 1:55 pm

» WHERE IS TELLER........market down.......ASI 5700...
by Uaecoindubai Sat Apr 06, 2019 2:43 pm

» GRAN VS TELLER
by Uaecoindubai Sat Apr 06, 2019 2:41 pm

» Our forum moderator Teller narrowly missed the year 2018 Nobel Prize for economics science to a pair of American economists, William D. Nordhaus and Paul M. Romer
by Uaecoindubai Sat Apr 06, 2019 2:35 pm

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