Trump victory in 2016 was powered by economically downtrodden voters who were driven by their fears of insecurity about their and their children’s economic future. For those people after several years, America’s economy is finally showing

The World Economic Forum in 2016 has ranked the water crisis as the highest concern over the next decade. We, in Sri Lanka, are beginning to sense this crisis and the uncertainties in weather pattern further aggravate this issue.

Sri Lanka and Singapore have recently signed a bilateral free trade agreement – the Sri Lanka-Singapore FTA (SLSFTA). Apart from being a comprehensive and modern free trade agreement (FTA) in scope and coverage, the SLSFTA paves the way for Sri

What does the regulations enforced after August 1 mean for tuk-tuks?  I live in Moratuwa, down Diggala Road, a two-kilometre by-road from Keselwaata Junction on Old Galle Road. In my little hamlet, there are only two mini Lanka Ashok Leyland bus

Mention Sri Lanka and tea, cricket, sea and safari typically come to mind. These are the more positive perceptions of the country. But political turmoil, policy confusion, currency depreciation and a bond scandal remain some of the negatives that the

According to the statistics released by China’s National Bureau of Statistics, China’s gross domestic product (GDP) growth rate in the first half of 2018 reached 6.8 percent. The national economy sustained the momentum of steady and sound

India is concerned by the growing Chinese influence in the North and East of Sri Lanka. Some of this concern stems from a housing project recently awarded by the Sri Lankan Resettlement, 

The seventh World Peace Forum, organised by the Tsinghua University in association with the Chinese People’s Institute of Foreign Affairs, was held in Beijing from July 14 to 15. The theme selected for this year’s event was ‘Constru

Sri Lanka’s traditional lacework famously known as Beeralu is slowly moving into the spotlight of the global fashion industry. Udeni, who is a traditional Beeralu lace maker from Galle, learned the technique from her mother and developed it int

Asia and the Pacific has enjoyed robust economic growth and experienced large reductions in poverty in the past few decades. Nevertheless, with the region home to 1.2 billion people living on less than US $ 1.9 per day (in 2011 PPPs), the internation

The origination of financial reporting can be closely connected to the requirement to collect and record data which evolved into a stage where the capacity of the human brain was not sufficient to accommodate and memorize the evolving volume of data

NDB’s Group Chief Executive Officer Dimantha Seneviratne, speaks to media in the backdrop of recent success recorded by National Development  Bank PLC.

Oil palm is being played out as a big issue on the sustainability agenda in our country now. Despite repeated best efforts by responsible stakeholders including growers, agri experts, academia etc, in refuting irrelevant allegations, the topic keep

“If eagles and grey hornbills are flying above their normal height in the sky, it signals that rain is expected soon; if seagulls are flying close to the ground, it suggests that there will be heavy rainfall. However, these patterns have now ch

The new economy has greatly changed our economic environment in relation to how the government and businesses operate and provide goods and services. 

NEW DELHI: When Indian Prime Minister Narendra Modi took power in 2014, he leaned on three Indian academics who had predominantly worked in the United States to drive a liberal, globalized economic policy.

Following is the speech delivered by Development Strategies and International Trade Minister Malik Samarawickrama at the Singapore-Sri Lanka FTA Outreach Seminar on July 10, 2018.

The recently published ‘Sri Lanka Development Update 2018’ by the World Bank focuses on creating more and better jobs for an upper-middle-income Sri Lanka. It usefully analyses the state of Sri Lanka’s labour market and identifies t

With the election of Donald Trump as President of the United States, the West suddenly woke up with an acute anxiety about the fate of the US-led liberal international order. Until then, the liberal establishment in the United States had assumed that

Colombo is in need of better managed parking as the city continues to grapple with congestion on the streets.

‘Step it up for gender equality’ was one among the many commitments renewed at the third South Asian Speakers Summit on Sustainable Development Goals (SDG) implementation, convened by the International Parliamentary Union and Sri Lanka&rs

Two major emerging markets—Argentina and Turkey—are currently experiencing a bout of financial instability against a backdrop of rising US interest rates. The instability is evident in the sharp depreciation of the Argentine peso and Turk

Following is the full speech made by Finance and Mass Media Minister Mangala Samaraweera at the conference for the heads of state-owned enterprises, at Hilton Colombo, yesterday.

In the year 2017, the global flows of foreign direct investment (FDI) dropped by 23 percent, in spite of the growth recorded on the macroeconomic aspects and trade. On an overall basis, there is a substantial drop in the return on FDIs, over the last

There seems to be a big hoo-ha and a ding-dong going on in the media in the last few days, about Chinese investments in Sri Lanka. The primary cause for this appears to be the recent New York Times article, which pointed towards the Rajapaksas gettin

Asian countries have traditionally enjoyed large demographic dividends—i.e. increases in labour supply and savings—that have boosted economic growth. But this decade, the share of working-age population, most notably in the People’s

Cyber risk has emerged as a significant threat to the financial system. An International Monetary Fund (IMF) staff modelling exercise estimates that the average annual losses to financial institutions from cyberattacks could reach a few hundred billi

On June 19, Advocata Institute and Echelon Magazine’s Think series hosted Singaporean economist Razeen Sally at the Sri Lanka Foundation Institute to speak on ‘Capitalism in Asia and what it means for Sri Lanka’. 

Shortages of labour, land and an ageing population mean that Sri Lanka’s opportunities for rapid catch-up growth are diminishing and institutional transformation is needed for innovation and output-led growth, a top economist has said.

There is no shortage of sceptics of China’s Belt and Road Initiative (BRI). Indeed, stories about the BRI often include the evocation of debt ‘traps’ and ‘vassal states’. While some concerns merit consideration, popular