MTI’s business review of 2018 and outlook for 2019

For the 8th consecutive year, MTI Consulting (via their Corporate Finance practice), in partnership
with Daily FT, Daily Mirror and Sunday Times, has concluded the MTI CEO Business Outlook Study,
collectively outlining the Sri Lankan business community’s perception for the state of business in

Supplemented by MTI’s experience as a thought leadership-oriented organization, the annual
survey collated and analyzed the perceptions of over 100 Sri Lankan business leaders with regard
to their business’ past and expected performance, their predictions regarding the state of the
local and global economy in 2019, and the main challenges that they believe Sri Lanka and Sri
Lankan companies will face in 2019.

The results of the survey, including its supplementary analysis, will assist organizations in
streamlining their strategic decision-making for 2019, effectively enabling them to gear their
operations in accordance with the economic sentiments of their peers.

2018 businesses performance below expectations

Chart 1Since the inception of CEO Survey in 2012, a record high of 75% of the surveyed CEOs conclude
that their businesses have performed below expectations in 2018.

In contrast, only 4% of the chief executives felt that their businesses performed above
expectations, indicating a drop in the positive sentiment from 15% to 4% in 2018. This is the
lowest surveyed total for above expectations since 2012.