Colombo's stock market has been on fire since Sri Lanka’s civil war ended.
From $3.7 billion at the end of 2008 the country’s market capitalisation has grown five-fold to almost $24 billion now, according to CIMB research. In that time, it has been the world’s second-best performing market, putting on almost 400%.
For Nalaka Godahewa, chairman of the Securities and Exchange Commission of Sri Lanka, that is just the beginning. By 2020,...