Chief Research Officer
Nimesha currently provides overall strategic direction to the Macro-Economic Research and Sector Research teams at Frontier Research. She is responsible for ensuring that the research insights effectively cater to the information needs of the business clientele and are delivered in a timely manner. As a senior member of the company, she oversees work on new product development, team growth and drives the firm's strategic goals
She also leads the research on thematic Equity reports, which is a core part of our ‘Equity Strategy Perspectives’ report series, giving perspectives on the local equity market.
Her various TV appearances and other media features, along with panel discussions that she has been a part of can be found on the link here.
9th CAPM e-Conference 2021
Panelist at the discussion on the Outlook for Capital Markets and the Economy covering the topics of, the impact of changes in the SEC Act, new Product Introductions / Innovations, creating a vibrant market for Alternative products, taxation and the Investor issues and Challenges.
Implications of the New SEC Act & capital market developments
The Inland Revenue act that the government has introduced is looking at accessibility for the tax payer by means of technology. However, its implementation is questionable do to administrative weaknesses. The Securities and Exchange Commission act is looking at broad-basing the regulatory coverage.
Nimesha Jayakody on the Sri Lankan Banking Sector
A discussion on credit growth, exposure to real estate, non-performing loan ratios and profitability of banks during the previous quarter, recent regulations including BASEL III requirements and the outlook for the future.
Opportunities and Challenges in the Banking Sector
2018 was a challenging year for the banking sector with the need to comply with both local and international directives. In an interview on Business Today, our Product Head of Sector Research, Nimesha Jayakody, shed some light on how well the sector faced these challenges in 2018 and what awaits banks in 2019. Find out more in this video!
Implications of the Inland Revenue Act
Although the government has made improvements to the Inland Revenue Act, the Securities and Exchange Commission Act and the Foreign Exchange Act, the government has been quite slow to implement the progressive policies that have been highlighted in them. So at a policy level these acts have been well received by most parties however, there will be higher costs to the public in the interim when adopting the changes that have been proposed.
Sector performance and growth outlook
The introduction of the Withholding tax on deposits can be seen as an attempt to widen the tax net. Economic growth was adversely impacted last year largely due to the slowdown in the agricultural sector due to adverse weather impacts. However, at present, since Sri Lanka's labour force is more service oriented. We can see a growth in KPOs and BPOs. Sri Lanka's biggest opportunity right now is the tourism sector which is showing great signs of potential growth. However, what we need to focus on is getting access to the Niche markets to drive economic growth and which sector drives it is more or less irrelevant.
Sri Lanka: Banks start the countdown to consolidation
For an economy of US $ 87 bn and a population of 21 mn Sri Lanka has too many banks. Banks will have to compete among limited investors to meet the new capital requirements. Further with the impact of IFRS 9 from this year onward, consolidation within the banking industry remains a viable option.