Travis Gomez, CFA
Product Head - Information Services
Travis currently manages Frontier’s news curation products which is responsible for the delivery of Frontier’s brand of business-friendly & time efficient newsletters and other information products. He manages a team of news curators who work remotely and are responsible for the compilation and dissemination of ‘Time Twister’; Frontier’s flagship daily newsletter specializing in Economic and Finance news in Sri Lanka for which Travis was instrumental in its creation. Travis also plays a role in initiating and building business relationships with the management of various firms and has been sent to visit foreign clients in Singapore on behalf of Frontier Research.
He is also a member of the academic staff of a number of education institutes where he lectures undergraduate students in the subjects of Economics and Finance and is also the Co-Chair of the CFA Society Sri Lanka’s Candidate Council.
All Media Appearances
Travis Gomez on Countries Opening up for Tourism amidst the Pandemic
With many countries cautiously opening up their borders to tourism, our Product head, Travis Gomez spoke about the common experiences of countries which have opened up for tourism and its implications for the future on the Market Segment of Business Today on Channel Eye - March
Implications of Covid-19 on the Sri Lankan Economy
What would life be like post-COVID?
What are the present implications on the Sri Lankan and global economy?
What are the challenges faced by Tourism, Banking, Real Estate and much more?
What would the future economic forecasts be?
What would be the opportunities for budding entrepreneurs?
Sri Lanka Tourism: How did the Industry fair in 2018?
Despite the disruptions caused by social and political unrest, the tourism industry more or less managed to meet its targets in 2018. Here's our Product Head, Travis Gomez, with more on the performance of the industry in 2018 and what needs to be done in 2019.
Too late for reforms?
After two years of uncertainty and low growth, Sri Lanka’s economy is expected to have a better run in 2018 and beyond, driven by consumer demand, increasing government spending and a pick-up in exports with GSP Plus trade concessions to the EU taking effect, according to Frontier Research.
Travis Gomez discusses the trends in Sri Lanka's Health Sector
Population forecasts show that by 2040 the population in Sri Lanka will be close to 24 million with the uptick in fertility rates. However, when it comes to non communicable diseases, there seems to be an upward trend which is responsible for 1/5 deaths. There will also be a sharp rise in the aging population in by 2040. This calls for attention when it comes to pension and adult care schemes. Female labour participation will also need to be encouraged to ward off potential labour shortages in the future.
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.
Scams on tourism in Colombo and strategies for boosting tourist arrivals in Sri Lanka
Recently foreigners have highlighted issues such as harassment, over-charging on online platforms. Proper regulation of tour guides, promotion of budget airlines and strategies for sustainability of tourist attractions were discussed.
What is the new Forex act?
Sri Lanka’s new Foreign Exchange Act came into effect last year after the Parliament passed it with amendments. The new law removed criminalisation of violations of the exchange control act and associated prison sentences. New Act covers matters including classes of capital transactions, opening and maintenance of accounts, permitted investments and granting of loans and advances.
Moody's downgrading seen as having no major negative impact on banking sector
Moody’s Investors Service downgrading of three local commercial banks will not be having a major negative impact on the banking and financial sector in the country, Central Bank Deputy Governor Dr Nandalal Weerasinghe said.
How is our Tourism Industry Recovering after the Easter Sunday Attacks?
By now, most of us are aware that the Easter Sunday Attacks hit our tourism industry hard. Here's our Product Head, Travis, delving into the impacts of the attacks and to discuss what actions the government has taken to provide relief.
Travis Gomez on the Sri Lankan Tourism Sector in September 2018
A pick up in the tourism sector was seen with tourist inflows growing by 12.6% YoY. The improvements could be attributed to the marketing strategy that has been adopted in communicating a consistent message. the government has also made plans to decrease levys and give out VAT rebates to tourists which could also assist in the numbers growing in the future.
Travis Gomez on the Microfinance sector in Sri Lanka
Microfianace sector is where you lend to the poorest sectors of the economy. Roughly Rs. 70 bn has been lent to this sector. Since the borrowers are highly exposed to financial vulnerability, this sector is something that needs to be closely monitored. However, microfinance is currently largely unregulated and as a first step, the Central Bank has introduced the Microfinance Act.
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.
Outlook on the Sri Lankan Economy and the Tourism Sector
Sri Lanka tourism fell just short of the target for 2016, however the overall trajectory is to reach 4.5 Mn arrivals by 2020. There has been a shift in source countries from Western countries to countries such as India and China which has provided opportunities in cultural and experiential tourism.
Aftermath of the Easter Sunday Attacks: What's happening to our tourism industry?
A hit to Sri Lanka's tourism industry was expected ensuing the Easter Sunday attacks in April. But how long will it take to bounce back? What factors affect its resilience? Here's our Product Head, Travis, shedding some light on the matter.
Price control through taxation, self-defeating'
Doubts have been raised about the merits of the government's price control practices, and the report titled "Price Control in Sri Lanka: Political Theater" by Advocata Institute dives further into this topic. Providing an overview and analysis of the impact of price controls on the cement, pharmaceuticals,and dairy industries, here's what our Product Head, Travis Gomez had to say! Visit https://www.facebook.com/advocatainstitute/videos/296215140978601/ to check out the full video of the report launch!
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.
Exploring Sri Lanka's Health trends with Travis Gomez
Evaluation of recent health trends in Sri Lanka and the opportunities and challenges it creates for the Health Sector. Trends such as rising fertility rates beyond replacement levels, spread of Non - Communicable diseases, and rise of ageing populations were discussed.
Salient features of the new Forex act
The act reduces ambiguity in terms of legal definitions and have reduced the overall complexity of the forex process. Further the act streamlines the process by giving commercial banks autonomy, and allowing liscensed exchange brokers to operate in the forex market.
Travis Gomez on the impact of Budget 2018 on key sectors
As a whole, the 2018 budget was oriented towards fiscal consolidation and the targets seem realistic, but it lacked focus in terms of aspects such as debt repayment. Tourism, Power and Energy and Real estate sectors saw positives through this budge while. Banking, Telecommunications and Automobile industry have seen increased regulations
How Are Sri Lanka's Industries Faring In The Current Economic Climate?
Sri Lanka has experienced a steady economic growth of 6.4% between 2010 and 2015. However, the country’s economy isn’t faring so well right now. Considering the current economic climate, this discussion in an analysis of where the country’s tertiary sector stands in 2017, as well as the challenges and growth they are currently experiencing.
EQUITY ROUNDTABLE: TIME TO SWITCH
Four equity analysts including Frontier Research's Travis Gomez joined a roundtable discussion at Echelon to discuss equity strategy for 2017. They were asked them if portfolio managers should start switching to equity from the guaranteed risk-free double-digit returns offered by bonds.
Travis Gomez on the Sri Lankan Real Estate market
Travis Gomez, was featured on Channel Eye's Business Today program on the 5th of October 2016. Here is an excerpt from the program where he discusses the real estate market, the effect of credit growth on the construction sector and the outlook for the sector.
UNFPA Sri Lanka Launches its First Inter-generational Dialogue: Generation to Generation for Our Sri Lanka
The United Nations Population Fund (UNFPA) launched its first in a series of inter-generational dialogues on the shifting population dimensions in Sri Lanka and its significance in shaping future policies.