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Sat, 20 Apr 2024 Today's Paper
11 Aug 2022 - 0 - 702
The world economy is showing signs of a serious slowdown due to overlapping crises including the Russia-Ukraine War, the COVID-19 pandemic,
05 Aug 2022 - 0 - 916
‘Aragalaya’ started over 100 days ago with a series of protests emerged in several places in the island. Initially, it came from economically weaker segments of society.
04 Aug 2022 - 0 - 373
Ranil Wickremesinghe, who rescued Sri Lanka’s economy from recession as Prime Minister in 2002, is back, now as Executive President. This time around, his challenge is far greater.
02 Aug 2022 - 0 - 377
Ahead of the presentation of the Interim Budget, the Institute of Policy Studies of Sri Lanka (IPS) has recommended policy proposals for inclusion in the forthcoming Budget. Some key policy issues and recommendations follow.
28 Jul 2022 - 18 - 6935
In Palawela Udaniriella, an 8-year-old girl became the victim of Grave Sexual Abuse committed by no stranger, but by her grandfather’s brother,
28 Jul 2022 - 0 - 409
The bad news on inflation keeps coming. As of June 2022, year-on-year (YOY) inflation nationally is estimated at an all-time high of 59 percent.
27 Jul 2022 - 0 - 588
It is clear to us all that Sri Lanka is in a state of crisis. You just need to see the queue at your local gas station for evidence of that. The core reasons for the crisis however, are a more contentious debate.
20 Jul 2022 - 0 - 514
An expert panel discussion on ‘Surviving the Current Economic Crisis: Ex-Central Bankers in Dialogue’ was held in early June.
19 Jul 2022 - 1 - 913
Empty supermarket shelves, endless queues to buy essentials and overnight camping around fuel stations are now regular sights in Sri Lanka. As the economy continues to plummet with no viable short-term solutions in sight, levels of frustration among the citizens continue to rise.
12 Jul 2022 - 0 - 464
A super-holding company for managing State-Owned Enterprises (SOEs) has been identified as a globally successful model for SOE management.
08 Jul 2022 - 1 - 668
Talk to anyone waiting for days in a long queue to get a few litres of fuel for daily living, unable to cook food, due to the lack of LP gas or forced to stay in the darkness,
05 Jul 2022 - 0 - 478
The decision by the Cabinet to partially lift the Family Background Report (FBR) requirement for female migrants is long overdue and a welcome move to promote female labour migration from Sri Lanka.
05 Jul 2022 - 0 - 399
01 Jul 2022 - 0 - 945
Food security has become a pressing concern for many Sri Lankans amidst a deepening domestic economic crisis, drastic loss of rice production and post-Ukraine crisis commodity price surge in the world market.
29 Jun 2022 - 1 - 683
Sri Lanka is currently experiencing a foreign currency sovereign debt default for the first time in the country’s post-independent history.
28 Jun 2022 - 0 - 511
One of the most critical implications of Sri Lanka’s current economic crisis is the hard hit on the transport sector. The foreign exchange shortage has made importing fuel a major challenge, severely affecting road transportation and further impeding the performance of an already crippled economy.
28 Jun 2022 - 0 - 983
The unprecedented economic collapse is wreaking havoc across the social economic landscape of Sri Lanka. All industries are suffering, with front end industries like tourism carrying the brunt. And tourism is no stranger to crises, having had to face multiple setbacks, time and again, over the last 30 -40 years.
27 Jun 2022 - 0 - 415
The Chinese-built Hambantota Port has become a millstone around Sri Lanka’s neck, as the seaport has landed Colombo in a dragon debt trap and is commercially unviable, with little hope of traffic revival in future.
27 Jun 2022 - 0 - 278
Following is a detailed response to the article headlined ‘Common minimum programme for economic recovery’, compiled by the National Movement for Social Justice, published on June 13, 2022.
24 Jun 2022 - 1 - 1103
Private motorisation has been Sri Lanka’s preferred mode to solve its mobility needs. Not much thought has been given to the public transport systems in recent times, which over the years were systematically neglected and relegated to the poor to use.
24 Jun 2022 - 0 - 590
The shortage of fuel and energy has brought the whole of Sri Lanka to a standstill and its citizenry of all walks to mile-long queues. It disrupts social movements, economic activities, business and production of all scales in all the sectors.
21 Jun 2022 - 0 - 717
Sri Lanka’s economic crisis has caused immediate uncertainties regarding whether (a) required food supplies are and will be available, (b) the agri-food sector is and will be able to sustain the livelihoods of those engaged in crop, livestock and poultry farming, fishing, food manufacturing, food distribution and allied activities and (c) the agri-food sector is and will be able to provide food security for those most affected by the crisis.
21 Jun 2022 - 0 - 416
Sri Lanka is in the midst of a sharp economic downturn, the proximate causesowing to its long-standing problems of twin deficits on both the external accounts and domestic government budgets.
16 Jun 2022 - 0 - 846
Sri Lanka is currently undergoing an unprecedented economic crisis caused by the depletion of foreign exchange reserves and government revenue, as well as by a sovereign debt crisis.
15 Jun 2022 - 0 - 884
There is a great mismatch in the spend between Sri Lanka’s total imports and fuel imports. According to available data, we have spent US$ 3,269 million on average annually on fuel imports, between 2014 and 2018.
15 Jun 2022 - 0 - 655
Despite the economic crisis Sri Lanka finds itself in today, Sandro Veronesi, President of Calzedonia, one of Italy’s leading retail chains, has great faith in the resilience of Sri Lanka’s apparel industry.
13 Jun 2022 - 0 - 323
The non-communicable diseases (NCDs) have posed a critical health challenge for Sri Lanka for several decades. Estimated to account for 83 percent of all deaths in Sri Lanka today, the NCDs have serious health and economic consequences for both individuals and the country.
13 Jun 2022 - 0 - 331
Having sat in bank board debt recovery committees for over a decade, debt restructuring is certainly not a pleasant task because it is a very stressful exercise for the defaulting party.
08 Jun 2022 - 0 - 382
Digitalisation of government services is seen as a vital mechanism for cultivating public services, making the government more transparent and accountable, enlargement of public participation and facilitating the sharing of information among the public. The primary purpose of the government organisations is to provide services to the public.
08 Jun 2022 - 0 - 1093
Sri Lanka tourism is yet again going through severe crisis. But this time the crisis is multifaceted and of unprecedented proportions. Many service providers are barely managing to survive, with several expected to ‘go under’ in the next few months.
20 Apr 2024