Fitch Ratings – Surging IT investment and wealth effects from buoyant equity markets are cushioning the impact of higher tariffs on the US economy, Fitch Ratings says. We have raised our world growth forecasts in our December Global Economic Outlook (GEO) but still expect growth to slow to 2.5% this year and to 2.4% in…
The barometer’s record high loses momentum as pre-budget caution weighs on sentiment The beginning of November saw the presentation of Budget 2026, which largely mirrored the previous year’s proposals. While the budget did not introduce any major reforms, the president assured that Sri Lanka is on track to regain the economic output lost during the…
By Dr Pulasthi Amarasinghe and Usha Perera Cyclone Ditwah exposed critical gaps in Sri Lanka’s health and disaster response systems. Health and disaster agencies lack integrated dashboards and real-time data, forcing frontline workers to rely on informal, siloed information during emergencies. Building integrated coordination platforms and climate-health surveillance systems can create climate-resilient health systems. As Sri…
Electric 3 Wheeler Market worth $3.85 billion by 2032 | MarketsandMarkets™ The electric 3 wheeler market is projected to grow from USD 2.68 billion in 2025 to USD 3.85 billion by 2032, registering a CAGR of 5.3%, according to a new report by MarketsandMarkets™. The electric 3 wheeler market is accelerating rapidly because operators are chasing dramatically lower operating…
The Chinese people commemorated the 159th birth anniversary of great national hero Sun Yat-sen in Beijing on 12th November. He is remembered in China as a national hero, patriot, & a forerunner of China’s democratic revolution. As a mark of respect to his immortal contributions to China’s; National independence. Social progress. Public well being &…
The 15th World Socialism Forum under the theme ‘At the Crossroads of World History: The Choice of All Nations’ was held in Beijing last week & was attended by approx 100 foreign participants. At a time the world is witnessing increased acts of protectionism, unilateralism & geopolitical tensions, Socialist China’s path along the Belt & Road…
By Prof Samitha Hettige At the recently concluded 32nd APEC Economic Leaders’ meeting held in South Korea, Commander in Chief of world’s 2nd largest economy Chinese President Xi Jinping expressed his vision for the Asia Pacific community. Though focused on the APEC it indeed is a lesson for the world. When the Soviet Union (USSR)…
By Yohan Lawrence, the Joint Apparel Association Forum (JAAF) Every delay at the Port of Colombo now comes at a heavy price. For Sri Lanka’s apparel industry, time is not just money it’s trust. The recent reports of ships failing to call at Colombo because of potential delays in the Port of Colombo, are a…
The barometer skyrockets to an all-time peak amid undertones about sustainability It’s been a month of highs and headwinds, as promising economic gains were met with political drama and renewed reform efforts clashed with lingering uncertainties on multiple fronts. In a positive development, the IMF and local authorities reached a staff level agreement following the…
Sri Lanka has endured extraordinary hardships in recent years. Families lost savings to inflation and debt restructuring, and public trust in the system is thin. As we prepare for the 2026 parliamentary budget speech, we cannot afford another round of quick fixes or symbolic gestures. The coming years must deliver credible, targeted reforms that restore…
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