This document provides an economic update from Sri Lanka in March 2014. It includes the following highlights: 1) Commercial Bank was named Sri Lanka's Best Bank by Global Finance magazine. Several Sri Lankan economic indicators for January 2014 are reported, including a 23.2% increase in exports and a 7.9% increase in imports, leading to a smaller trade deficit. 2) Sri Lanka raised $500 million from a sovereign bond offering at a yield of 5.125%, the lowest among its international bond offerings. The order book was oversubscribed 8.3 times. 3) The ADB forecasts Sri Lanka's GDP growth to remain at 7.5% in 2014 and 2015, supported by strengthening