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

A super-holding company for managing State-Owned Enterprises (SOEs) has been identified as a globally successful model for SOE management.

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,

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.

A super-holding company for managing State-Owned Enterprises (SOEs) has been identified as a globally successful model for SOE management.

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.

Sri Lanka is currently experiencing a foreign currency sovereign debt default for the first time in the country’s post-independent history.

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 impedi

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

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.

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.

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 u

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.

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 p

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.

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.

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.

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.

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 indiv

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.

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 mon

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 publ

There are constant dire warnings of impending food shortages citing many causes and blames on past actions. While it is useful and wise to be forewarned, the warnings alone will not avert the possible shortages. What is required is for those able and

Global oil prices are in the headlines once again with crude oil prices soaring following Russia’s invasion of Ukraine on 24 February 2022. Global crude oil prices have shot up; the Brent increased by around 22 percent to US$ 114 a barrel at the en

DIMO recently introduced DI-Solar, a revolutionary solution, enabling the power generated through the existing solar PV systems to be utilised during the prevailing daytime power interruptions, thereby preventing the power wastage.

Sri Lanka is presently facing the most severe economic crisis in its history. The main problem is that Sri Lanka’s debt has become unsustainable.

As the nation awaits a new budget with the hope of finding relief amid heavy economic pressures, it is now imperative authorities focus on wider aspects of governance to prevent further outflow of valuable revenue.

In Greek mythology, the lotus-eaters were inhabitants of an island where the primary food was lotus fruits and flowers and was a narcotic causing them to sleep in peaceful apathy. The indulgence in pleasure keeps lotus-eaters away from dealing with p

Sri Lanka’s education sector, still reeling from the effects of the COVID-19 pandemic, now faces acute challenges, due to the current political and economic crises.

Prime Minister Mahinda Rajapaksa (MR) resigned on May 09, 2022, soon after sending mobs to attack the peaceful protesters at Galle Face (dubbed Gotagogama).