Analysis

Bottle-to-bottle recycling can boost Sri Lanka in the transition to circularity in plastics

By Amila Abeynayaka Pollution caused by the irresponsible disposal of plastics is a significant issue, particularly in developing countries like Sri Lanka. According to Great Britain’s Royal Statistical Society, it is estimated that only 9% of all plastics ever produced globally has been recycled. This is particularly concerning since according to the United Nations Environment…

(0)Comments | January 4, 2022 4:07 pm

The Spiritual dialogue on Olympics and Civilizations

The Silk Road Journal by Mahika Ming The 2022 Beijing winter Olympics is about to start in China. An academic symposium on the ancient relations between the Chinese and Greek civilizations was held at Beijing Sport University in Beijing on January 1, 2022, titled “Civilization, Peace and Friendship” to mark the 50th anniversary of establishing…

(0)Comments | January 4, 2022 10:08 am

Sri Lankan State Owned Enterprises: A Major Crisis in the Making

Sri Lanka has a whopping 527 state-owned enterprises[1] (SOEs). The 55 SOEs classified as “strategically important” alone employ 10% of the public sector workforce[2], or about 1.9% of all workers. Such a large number of SOEs are not the norm globally[3]; many other countries (such as India) have been reducing their stakes in SOEs and,…

(0)Comments | January 3, 2022 1:15 pm

Kapruka Selling Sri Lankan goods on Global E-Commerce Platforms

One of the pioneer e-commerce brands in Sri Lanka has reached global markets with constant innovative business strategies, Kapruka has spearheaded in the market. Kapruka will connect local brands to international platforms, giving entrepreneurs the support to showcase the product. Dulith Herath, founder and chairman Kapruka talk about the four initiatives and the platforms. Kapruka…

(0)Comments | January 3, 2022 8:14 am

Business Sentiment – Confidence at A Seven Month High

Business sentiment rebounds as corporates anticipate positive developments in the new year At a recent economic forum organised by the Ceylon Chamber of Commerce, Nishan de Mel – the Executive Director of Verité Research – stated that Sri Lanka should pursue a debt restructure by drawing up a credible programme and approaching the IMF thereafter,…

(0)Comments | January 3, 2022 8:02 am

A coupon system that enforces quotas and rationing will not solve the balance of payments problem – Advocata

The media has reported that the government intends to implement a system of quotas for imports and the rationing of food and fuel. This is the latest in the long list of interventions over the last two years to address the growing balance of payments problems. Similar to previous measures this too only addresses the…

(0)Comments | December 31, 2021 8:14 am

Women Hold Up Half the Sky

The Silk Road Journal by Mahika Ming The word “Democracy” has united the two Greek words “demos (people)” and “kratos (rule), literary symbolizing “people rule.” Democracy therefore, is linked to human rights or “people’s rights.” The Summit for Democracy was held on 9th and 10th of December 2021 in the USA. One main objective of…

(0)Comments | December 27, 2021 5:21 pm

Introducing Democracy to Hong Kong and Macao

The Silk Road Journal by Mahika Ming Hong Kong (HK) and Macao were two regions located adjoining main land China ruled by Britain and Portugal respectively for nearly half a millennium (500 years). During the colonial occupation democracy wasn’t the system of governance practiced and they have been gradually experiencing the democratic system of governance…

(0)Comments | December 20, 2021 6:43 pm

Black, White and Grey Markets: The Dynamics of Foreign Exchange and Remittances in Sri Lanka

By Bilesha Weeraratne Written Ahead of International Migrants’ Day on December 18, 2021 Despite the pandemic and related difficulties in remitting, remittances to Sri Lanka had picked up by December 2020 to record year-over-year growth of 5.8 %, contrary to all expectations. The reasons for such a quick rebound include catching up on postponed remittances,…

(0)Comments | December 17, 2021 1:08 pm

Sri Lanka’s apparel sector well-positioned to reach $8 Bn. export earnings target by 2025

Industry attempting to attract FDI to Eravur from leading players in fabric – Aroon Hirdaramani Sri Lanka’s apparel industry expressed confidence in reaching its target of $8 billion in export earnings by 2025, by implementing the concerted initiatives put in place by the sector, in collaboration with the authorities. These views were expressed at the…

(0)Comments | December 16, 2021 2:04 pm

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