Fast deteriorating risk profiles of Emerging Markets and Developing Economies (EMDE) are expected to slow down investment into these countries. Rising economic distress coupled with de-globalization momentum are triggering major business and economic

The term tipping point has either a positive or a negative connotation depending on the context. It signifies the threshold, the boiling point, or the point of no return.

Sri Lanka’s usable reserves have dropped to levels of about US $ 150 million. Acute shortages of essentials ranging from fuel to medicine have become prevalent.

In line with globally recommended practices to reduce the dietary risk of non-communicable diseases (NCDs), the Sri Lankan government implemented a traffic-light labelling (TLL) system for sugar-sweetened beverages (SSB) in August 2016.

The Ceylon Chamber of Commerce through its Energy Sector Committee has been studying the on-going energy crisis in the country.

The current power crisis is the ‘talk of the town’. And quite legitimately so, as it affects all walks of our economic, financial and social life across all segments of society, threatening the very basic of our needs.

In planning for the future, the past is just prologue. For modern Sri Lankan small and medium enterprises (SMEs), the prologue is dominated by massive twin global headwinds of a post-pandemic future and a war brewing in Europe.

On March 8, Sri Lanka devalued the rupee against the US dollar, entering into a floating exchange rate regime. The Central Bank of Sri Lanka had to abandon the pegged exchange rate, as defending the rupee with dwindling reserves was impossible.

These days we are enjoying the benefits of bilateral credit extended to us by our neighbouring countries such as Bangladesh, India and China.

Sri Lanka is hosting the fifth Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) summit today.

As part of ongoing research into the economic impact of illicit markets, the Research Intelligence Unit (RIU) shared some of the key findings from its latest report that covers the economic impact of untaxed tobacco consumption in Sri Lanka.

We in the tourism industry are no strangers to falling on our knees. We are quite used to it. SARS, Bird Flu, airport bombings,

Sri Lanka has managed the health and safety aspects of the COVID-19 pandemic in a commendable way.

This article attempts to draw out the practical implications of the law on the capital markets industry rather than delve into an analysis of the legal provisions.

Two major events happened during the past few days in regard to possible changes in the country’s macroeconomic fundamentals in the near future.

There’s mounting opposition from the entire tourist industry against the government’s plan to change the existing Tourism Act, as seen in the media. Having been a member of the team that helped draft the current act around 15 years ago, I felt th

We view that Sri Lanka is at a critical juncture whether it can remain as a potentially growing country with the trust of international community, or otherwise.

No gas, no diesel, no electricity, no milk-powder, no vehicles, no spare parts, no raw materials and the list goes on and on. Everywhere you see people on the road screaming and cursing the government to resolve these issues. The reason being no doll

Democracy, by its very definition, calls for the representation of all citizens. Hence, women in politics are essential for representative governance.

Sri Lanka obtained its first-ever Geographical Indication (GI) certification on 02 February 2022 for ‘Ceylon Cinnamon’ from the European Union due to untiring efforts during the last nine years.

One of the most famous women in history once said: “Within crisis, are the seeds of opportunity”. The source of such a powerful truism? Marilyn Monroe, a woman who clearly possessed great wisdom, but is unfortunately remembered for her physical b

Early January of 2022 is marked by anticipation of things to come. Global economies are gearing up to put the pandemic behind them and face the uncertainties of a world whose normalcy has been altered beyond recognition.

The Russian invasion of Ukraine deepens the existing global economic woes-persistent supply chain bottlenecksand associated rising inflation- clouding the prospects of a smooth global economic recovery from the pandemic.

Progressing on previous work on tax revenue leakage and illicit markets, the Research Intelligence Unit (RIU) launched its latest report on the economics of tobacco taxation providing a macro-level overview of the tobacco industry in Sri Lanka, inclu

Tea is a drink with endless variations – whether you like it with a serving of scones or spiced, like Indian Chai or infused with mint like Moroccan tea or even Japanese Matcha. It’s the most popular drink in the world after water, with a stagger

The Government of Sri Lanka (GoSL) has very ambitious plans for the country’s economic transformation, including an economic growth expectation of more than 6 percent during the five-year period of 2022-2027.

The intention of the government was to reduce imports and encourage exports. The policy document ‘Vistas of prosperity and splendour’ page 36 refers to reducing the trade deficit and going for import substitution and encouraging exports.

“Tourism has been described as the world’s largest transfer of resources from rich to poor, dwarfing international aid.” - Salli Felton, CEO, Travel Foundation

The motivation that made me pen this was a proposal made by Dhammika Perera through the sister paper Lankadeepa. Proposals to improve the higher education quality are ordinary but rarely one suggests the development of the higher education industry.

On January 13, 2022, the Station Masters Union launched a 24-hour token strike cancelling over 200 scheduled trips. As a result, the commuters heading back home from Colombo, long-distance travellers, tourists (both local and foreign) were all inconv