Research Intelligence Unit

Join us on our up coming webinar 2023 #debt #economy #economicrecovery #srilanka #sustainability #economiccrisis #inflation #economicdevelopment #webinar To Register : https://lnkd.in/gHhHW9iC

Sri Lanka’s trade relations with the U.S. amid policy shifts The U.S.’s evolving trade policy, including discussions on tariff adjustments, presents an opportunity for Sri Lanka to revisit its export strategies and explore diversification. 2023 Snapshot: Sri Lankan Exports to the U.S.: $2.76B. Sri Lankan Imports from the U.S.: $507.40M. Key export: Men’s & women’s undergarments ($598.31M). Key import: Animal feed ($107.17M). Opportunities for Sri Lanka: Expanding trade partnerships within Asia’s rapidly growing markets. Enhancing the competitiveness of key sectors like apparel and rubber. Leveraging domestic policy measures to support exporters. 📌 How RIUNIT Can Help: At the Research Intelligence Unit (RIUNIT), we specialize in crafting actionable insights to address trade dynamics. Our team supports governments and businesses with: Market research to identify new opportunities. Strategic roadmaps to strengthen resilience in export sectors. Guidance on leveraging global trade trends. Let’s turn challenges into opportunities and position Sri Lanka for long-term growth in global trade! #SriLankaEconomy #GlobalTrade #RIUNIT

Central Bank of Sri Lanka (CBSL) introduces the overnight policy rate In a significant step towards enhancing monetary policy transmission, the CBSL has transitioned to a single policy interest rate mechanism, with the newly introduced Overnight Policy Rate (OPR) set at 8.00%. Highlights: SDFR and SLFR are now linked to the OPR with margins of ±50 basis points, set at 7.50% and 8.50%, respectively. This change is aimed at simplifying policy communication and ensuring inflation treads toward the 5% target while supporting economic recovery. Effective reduction: ~50 basis points compared to the current Average Weighted Call Money Rate (AWCMR). This strategic move reflects the CBSL's commitment to ensuring stability and fostering growth amidst evolving domestic and global economic conditions. A significant step for Sri Lanka’s economy toward clarity and efficiency in monetary policy implementation. #Economy #MonetaryPolicy #SriLanka #CBSL

Global trade outlook for 2024-2025 A quick breakdown of the global trade outlook: 2023 saw a -1.1% contraction in global trade, mainly due to high inflation and rising interest rates. 2024 is expected to see a 2.7% growth in global goods trade, with 3% growth predicted for 2025. Lower inflation and reduced interest rates are expected to boost household incomes and business investments. Risks: Geopolitical tensions (especially in the Middle East) could disrupt energy prices and shipping routes. Good news for services: Tourism and digital trade are showing strong growth and resilience! Global trade is recovering, but challenges remain. RIUNIT can help you navigate this landscape with expert research and consultations. #GlobalTrade #TradeRecovery #RIUNIT #Economy2024

The latest data from The Research Intelligence Unit (RIUNIT) reveals a growth in apartment prices across Colombo and its suburbs, with a 15.66% year-on-year increase in average apartment prices in the city. Notably, Colombo 13 (Tier 3) saw a 58% surge in prices, while Ethul Kotte (Tier 2) led suburban growth with a 29% increase. Even amidst fluctuating economic conditions, Colombo's real estate remains a resilient investment. RIUNIT continues to lead the way in providing market intelligence to guide informed investment decisions. #RealEstate #Colombo #PropertyInvestment #MarketGrowth #RIUNIT #RealEstateTrends

Unlock opportunities in Sri Lanka’s automotive industry! With the new government in place, there are various opportunities for stakeholders to advance their ventures and drive change in Sri Lanka’s automotive sector. Here’s what’s happening: 🔹 Lobby for your proposals: Now is the perfect time to forward your ideas and advocate for industry change with the new government. 🔹 Global brands in Sri Lanka: The Ministry of Industries is assembling world-renowned brands, with plans to elevate automobile & motorcycle assembly plants to the next level. 🔹 Fair competition: The government is committed to leveling the playing field, ensuring fairness for all, unlike previous instances with companies like Western Automobile Assembly (Pvt) Ltd. 🔹 Support for local manufacturers: The Industries Ministry is sponsoring 50% of the cost for International Automotive Task Force (IATF) certification, helping local automotive component manufacturers enter global supply chains. 🔹 EV retrofitting : Sri Lanka has a great opportunity in the EV retrofitting market, opening doors for niche export opportunities. 🔹 Tackling illicit trade: Addressing the losses caused by counterfeit auto-parts is essential to protect the industry. RIUNIT is here to assist with research and consultation, helping you navigate and make the most of these exciting opportunities! #SriLanka #AutomotiveIndustry #Lobbying #EV #BusinessOpportunities #Research #Consulting #FairCompetition

Colombo Port and Chittagong Port are redefining the logistics landscape in South Asia. Discover the key opportunities and trends shaping these critical trade hubs in our latest RIUNIT reports. Stay informed, stay ahead. #ColomboPort #ChittagongPort #LogisticsOpportunities

Sri Lanka’s fish fillet exports present a strong growth opportunity, particularly in current and new markets. While Japan ($0.75M) and Germany ($0.78M) lead with the highest untapped export potential, markets like Italy, France, Israel, and China also show significant promise. Tapping into these opportunities could bolster Sri Lanka’s export revenue and strengthen its economic resilience. RIUNIT is here to help seize this potential for sustainable growth! #SriLankaExports #GlobalTrade #EconomicPotential

Dear Colleague, We have just published a new blog. You can read the full text using the link below: https://lnkd.in/geyJQh43

Sri Lanka's Shrimp & Fish Farming Industry: A Deep Dive Our latest report sheds light on the flourishing aquaculture industry in Sri Lanka, covering: Background & Overview: The roots and current landscape of shrimp and fish farming. Recent Trends: Key shifts and growth in production. Main Centers of Production: Regional insights into where the industry thrives. Key Industry Players: Who’s leading the market? Export Markets: Global destinations for Sri Lankan aquaculture products. Technological Impact: How innovation is shaping the industry. Outlook & Forecast: Projections for the future. Get the complete analysis and explore the opportunities ahead. Read more here: https://lnkd.in/gNKzKX3v #SriLanka #Aquaculture #IndustryReport