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Fri, 10 Jan 2025 Today's Paper
Consequence to COVID-19, Sri Lanka is now compelled to ban imports, restrict imports or increase import taxes to manage its valuable foreign exchange reserves. Though such short-term actions are timely and inevitable to face a crisis situation, they
Despite the fact that electoral democracy in Sri Lanka faced many challenges in pre and post-independence eras, the country has managed to conduct periodical elections in national level.
The coronavirus (COVID-19) pandemic brought about a new wave of remote work for employers, who otherwise would not have considered venturing outside what was considered the norm, until recently.
The emergency created by COVID-19 has stimulated innovation, creativity and novel ways of structuring tasks, organisations and systems. In the midst of this worldwide crisis, it is hard to assess what temporary measures will become more permanent - o
Central banks worldwide have become the white knights to the rescue in the COVID-19 economic crisis. Having pledged ‘whatever it takes’ to expand liquidity and their balance sheets to fight the economic impact, they have been applauded.
As of January 2018, there were six million active social media users in Sri Lanka, accounting for 30 percent of the population.
The COVID-19 global pandemic is likely the defining event of the decade, if not more and its implications are expected to change the way we work, socialise and behave. Rapidly evolving consumer buying behaviour and the pivot to online shopping is one
In its April World Economic Outlook, the International Monetary Fund (IMF) predicts a baseline case of negative 3 percent global ‘growth’ in 2020, rebounding to 5.8 percent in 2021.
Henry Kissinger, in one of his infrequent statements says, “When the COVID-19 pandemic is over, many countries’ institutions will be perceived as having failed.
Before any business can make a crucial step forward in the transformation of their digital efforts, a paramount importance is placed on understanding and deriving even more insight from data than ever before.
At the time of writing this article, we have completed 5 weeks of curfew and lockdown in Sri Lanka due to the Covid-19 pandemic. The overall economy has been impacted due to this pandemic with small businesses being hit the most.
The COVID-19 pandemic has already claimed thousands of lives worldwide. As expected with any respiratory illness, there is clear evidence that smokers are much more vulnerable to COVID-19 than non-smokers.
I have been saying for a while that this is a “crisis like no other”. It is:
Educating girls is very important for a prosperous world. It has a snowballing effect as according to USAID, educated women are twice as likely to send their children to school. This increases the chances of girls being educated in future as well.
Just over a year ago, InvestChile – the South American country’s Foreign Direct Investment Promotion Agency – welcomed 300 foreign investors of 21 nationalities in Santiago. In a two-day event, they attended plenaries, workshops and over 200 me
Seven years ago, one of the worst industrial disasters in history — the collapse of an eight-story commercial building in Rana Plaza, Dhaka — demonstrated to the world the heavy price of producing cheap clothing to fuel the ‘fast fashion’ ind
Asia was hit hard by the first wave of the coronavirus, as the sudden stop in activity struck households and firms simultaneously—first in China, then elsewhere in Asia and now globally. Policymakers responded swiftly with aggressive spending to su
Over the past few months, educational institutions around the world – from elementary schools to colleges and universities – have been forced to embrace distance learning. It’s now estimated that 70 percent of students are currently doing some
The fear of contagion has struck deep and some things will perhaps never go back to the way they were. Here are some possible narratives and changing paradigms that could emerge in a post-COVID-19 world:
I am penning this as a matter of urgency and I concede I could develop the arguments and points better. I consider this an urgent appeal to the president to read it and find a solution, which will save not only jobs but the economy.
Kantar recently unveiled the COVID-19 Barometer for Sri Lanka through a virtual webinar. The study covers the sentiments of both urban and rural households across all socio-economic groups and age segments.
The COVID-19 pandemic has resulted in many countries having lockdowns, mainly to control the spread of the coronavirus. This pandemic, which started in Wuhan, China, has now spread worldwide, with Europe and America experiencing a major impact and hu
Sri Lanka has been under curfew since mid-March to contain the spread of COVID-19. As a result, economic activities throughout the country have stalled. A recent Institute of Policy Studies (IPS) blog identified that non-agricultural, informal worker
Now is the time to ramp up actions on resilience so that society can beat the COVID-19 crisis while reducing the impact of climate threats.
The current ongoing COVID-19 pandemic has brought tourism and leisure travel to its knees. With extended curfews and strict restrictions of movement, almost all establishments have been shut.
The purpose of this article is to suggest how Sri Lanka can benefit from the obvious need for social support in the context of ‘COVID-19’.
The economic and labour crisis created by the COVID-19 pandemic has increased global unemployment by almost 25 million, according to a new assessment by the International Labour Organization (ILO).
Over the last few weeks, there have been many discussions, ideas and content on the impact of COVID-19 on businesses and the economy in particular.
No data yet, apart from the distressing data on the escalating infections and deaths caused by the COVID-19 outbreak. The economic shock is yet to be seen.
The growing pressure on Sri Lanka’s scarce foreign exchange resources, due to the wide spread of COVID-19 across the globe, is now more real than ever before. To ease this pressure, the Central Bank of Sri Lanka (CBSL) has taken many measures to at
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