The barometer of business confidence free falls after a temporary stint at the summit July has been a month of both optimism and mounting uncertainty for Sri Lanka. On a positive note, the IMF approved its fourth review under the country’s 48 month Extended Fund Facility (EFF), unlocking a disbursement of US$ 350 million to…
By Prof. Samitha Hettige Former Minister Dr. Bandula Gunawardena recently published the Parliamentary debate on the Rubber Rice Pact (RRP) as a book. It is believed to be the 1st Sri Lankan Parliamentary debate to be published in Sinhala, English & Chinese. Dudley Senanayake was the Prime Minister when the RRP was signed. With the…
An initiative that promises secure digital identities, minimum cost to Sri Lankan taxpayers, and total data control In a major push towards digital transformation, the Government of Sri Lanka announced that it will launch its national Digital ID system by April 2026, a move that promises to revolutionize access to public services while ensuring strong…
In 2024, the global approach to measuring business climate saw a major transformation. The World Bank Group introduced the Business Ready (B-READY) Index, its new flagship report aimed at assessing the business and investment environment across countries. This index replaces the discontinued Ease of Doing Business (EoDB) report and brings with it a more robust,…
By Dr. Thanerimudalige D.G. Canisius (Some views and questions on the current developments with respect to the SLIIT.) In the midst of praise that I normally hear, recently I heard that the SLIIT is again facing criticism of my fellow countrymen. However, I was unaware of its intensity and seriousness until a couple of days…
Sri Lanka’s export sector demonstrated remarkable resilience and steady progress during the first six months of 2025, with total exports reaching US$ 8,337.86 Mn, marking a robust 6.70 % growth compared to the same period in 2024. Total exports, including both merchandise and services reached US$ 1,460.34 Mn in June 2025. This shows an impressive…
by Securities and Exchange Commission of Sri Lanka Understanding Where Your Money Goes And How Businesses Grow Picture this: You have some extra money sitting in your drawer, while across town, an established manufacturing company with a solid track record desperately needs funds to expand their operations and hire more workers. How do these two…
By Samitha Hettige The 11th ‘Nishan’ forum (named after the ‘Nishan’ mountain) on world civilizations under the theme ‘Beauty in Diversity’ was held in Qufu, Shandong (Eastern China) last week. It is the birth place of Chinese philosopher Confucius. Scholars from more than 70 countries explored the interactions between cultural diversity & modernization with special…
Interview with Sundaresan Narayanan, Managing Director – Commercial HVAC Carrier Airconditioning & Refrigeration (Carrier India & Sri Lanka) Q: TO BEGIN WITH, PLEASE TELL ME ABOUT YOURSELF AND YOUR ROLE IN CARRIER AND YOUR BACKGROUND IN THE HVAC INDUSTRY? ALSO, IS THIS YOUR FIRST TIME IN COLOMBO? A: I have had the pleasure of visiting Colombo…
Independent Growth Study Group unveils critical strategies for sustained and transformative growth in 2025-2030 A new report launched today offers a bold roadmap for Sri Lanka to achieve sustainable and inclusive economic growth over the coming five years. Sustaining Transformative Growth in Sri Lanka 2025–2030, authored by an Independent Growth Study Group under the auspices of ODI…
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