Sri Lanka’s Exports to Rise 12 Percent This Year, Official Says

Oct. 6 (Bloomberg) -- Sri Lanka’s exports are likely to rise as much as 12 percent in 2010, a central bank official said, allaying concerns growth is slowing after the island in July reported the smallest increase in shipments this year.

Sri Lanka imports more vehicles

Car imports to Sri Lanka have risen sharply in the last 3 months, with some 500 vehicles being cleared daily through customs.

Laugfs Gas IPO to raise Rs. 2.5 bn

Sri Lankan liquid petroleum gas supplier Laugfs Gas is seeking to raise 2.5 billion rupees in an initial public offer opening on November 04, 2010, a stock exchange filing said.

Insurance boost....

Amana Takaful unveils Sri Lanka’s first insurance web portal

Amana Takaful recently made history in the Sri Lankan insurance industry by launching a web portal that is meant to empower its customers and prospective clientele. The launch event took place in the presence of a select number of Amana Takaful Life clients who registered their accounts symbolising the launch of the portal.

Sri Lanka In A Sweet Spot - Prakriti Sofat

Watch the CNBC interview with Pakriti Sofat right at the BOTTOM of this page.

Prakriti Sofat, regional economist at Barclays Capital, speaks to CNBC's Oriel Morrison about the country's bond market and ratings outlook.
Sri Lanka is Asia's best performing equity market year-to-date.