The Ceylon Petroleum Corporation (CPC) is a fully State-owned enterprise that engages in the selling and distribution of fuel in Sri Lanka.

Sri Lanka’s rubber plantations are potentially on the brink of being wiped out, battered by a fast-spreading leaf disease and the sector could be nearing the ‘point of no-return’, commercial rubber growers claim, requesting for urgent governmen

Sri Lanka needs to add an estimated 11,000 MW to its power grid within the next two decades to meet the growing demand. Adding large-scale floating solar plants would not only make electricity greener and affordable but also improves Sri Lanka’s ov

In July this year, Bloomberg reported Sri Lanka as the national economy most at risk for defaulting sovereign debts in the Asia-Pacific region, with a 28 percent likelihood based on its debt default probability scale. Since then, we have succeeded in

In a relentless push towards modernisation and staying open throughout various lockdowns, the Colombo Stock Exchange (CSE) has experienced some remarkable changes over the last 18 months.

The hike in policy interest rates by the Central Bank of Sri Lanka (CBSL) in August 2021 marks a shift from stimulus to exit strategies in the pandemic era. Such recalibrations globally are focused on how to tackle the historically large debt-to-GDP

Deshamanya Professor W.D. Lakshman would have stepped into the Central Bank (CBSL) building for the first time in the early 1970s to get a foreign exchange permit to import a car after returning from Oxford.

Overseas migration for work or study seems a popular option for Sri Lanka’s youth.

The Institute of Policy Studies of Sri Lanka (IPS) together with the Sri Lanka Medical Association (SLMA) and Centre for Policy Impact in Global Health (CPIGH) of the Duke University, USA, organised a virtual policy dialogue on ‘Planning for Univer

Sri Lanka’s start-up ecosystem has grown significantly over the past 15 years, benefitting greatly from a fast-growing ICT sector, high rates of literacy, brain gain of highly qualified ICT professionals returning home, etc.

Sri Lanka’s debt problems are a topic of national conversation. Foreign reserves, already low at US $ 4 billion in May 2021 fell to US $ 2.8 billion after the most recent bond repayment of US $ 1 billion in July 2021.

Sri Lanka has immense potential to build itself as a destination for tech products and services, with the ICT/BPM industry being its fifth highest foreign revenue generator.

Micro, small and medium enterprises (MSMEs) are the backbone of any economy and that is certainly true for Sri Lanka. MSMEs make up more than 90 percent of all non-agricultural business establishments in the country and generate 52 percent of GDP. Th

The COVID-19 pandemic brought on a stream of new regulations and policy decisions put in force to bring stability and order to an unsettled economy. This includes the import restrictions and three-month credit limit on a range of industries imposed b

Post COVID-19, Sri Lanka will be in an ideal position for a major pivot away from its old safety net of traditional investments.

The recent move by the government to ensure the availability of fertiliser critical for the country’s agriculture sector is welcomed by all industry stakeholders – including the Regional Plantation Companies (RPCs), which cultivate tea, rubber an

Persons with disabilities (PWDs) are an important group that needs to be considered when building an all-inclusive COVID-19 recovery plan.

Pursuant to the World Anti-Counterfeiting Day, which fell on June 8th, we are reminded of the severe impact and threat of counterfeit and pirated products on our lives and the economy.

Despite overwhelming evidence supporting vaping as a reduced harm product in the place of tobacco smoking, some governments in the world continue to maintain bans on e-cigarettes and related products, depriving consumers the opportunity to switch to

On 20 May 2021, Sri Lanka’s worst-ever marine disaster occurred when a fire erupted on the Singapore-registered MV X-Press Pearl container ship just 18 km Northwest of Colombo.

It is not frequently that one hears of carbon emissions and related mitigation initiatives by hotels, both locally and even abroad.

At a time Sri Lanka is in much need of increasing its foreign exchange reserves, the vast untapped potential of the country’s rubber exports industry requires due attention.

The SARS-COV-2 or novel coronavirus crisis has pushed economies into recession or even depression by triggering economic down turns caused by long-orchestrated lockdowns that brought down international trade to a near standstill.

During the last 18 months, we have seen an excellent performance by the Sri Lankan tea industry, especially due to the efforts by the Ceylon Tea promoters,

Kanthi is a 33-year old working mother who resides in Kuliyapitiya. Her two-year-old daughter is enrolled at a private crèche located eight km away from her home. Distance apart, Kanthi is not satisfied with the quality of the childcare and finds it

The government has made a decision to convert the entire agriculture production from non-organic to organic in Sri Lanka. The President declared that Sri Lanka is the first country to achieve 100 percent organic in farming. This is not the first time

The COVID-19 pandemic provides an opportunity for Sri Lanka to review and strengthen its social protection programmes to help citizens recover more quickly from future shocks.

Sri Lanka Tourism is currently going through the worst crisis it has ever faced, with hoteliers and travel agents having virtually no business at all. Many smaller establishments face the real threat of bankruptcy or foreclosure.

It has been a decade since I left an organisation that had a profound effect on my career. In June 2011, I walked out of the Information and Communication Technology Agency (ICTA) for the last time as an employee of the ICTA. As I reflect on the tim

With the recent publication of the Central Bank annual report 2020, we are now in a position to ascertain how the Sri Lanka economy performed during the previous decade (2010-2019) as well as the first year of the current decade (2020).