Writing to the Forbes website, he says, “On my first trip back to Sri Lanka since February 2010, I noticed plenty of positive changes... The IMF predicts Sri Lanka’s economy will expand this year by 7.5%, keeping pace with next-door giant India. Colombo-listed stocks are slightly up so far this year, which is much better than many emerging markets after two months of sell-offs”.

The Sri Lankan economy is booming and exports are up. Unlike in 2009, Sri Lanka now has over $8 billion in foreign reserves, he further says.

To read the Forbes news report, follow

http://www.forbes.com/sites/simonmontlake/2011/09/29/sri-lanka-swims-against-asian-currency-depreciation-tide/?.