Analysis

Worshiping the moon in Mid-Autumn on September 21st

The Silk Road Journal by Mahika Ming Chinese nationals scattered across the globe celebrated the Mid-Autumn festival on the 21st of September cherishing the memories of loved ones. The celebrating of the Mid-Autumn festival according to Chinese sources dates back about 3000 years to ancient moon worshiping traditions. This intangible cultural heritage was officially listed…

(0)Comments | September 22, 2021 8:55 am

SL Economy grew by 12.3 percent in the 2Q 2021

The Department of Census and Statistics (DCS) Sri Lanka, has released the estimated Gross Domestic Product (GDP) at current price and at constant (2010) price in Production approach and the other macroeconomic indicators for the second quarter (April 1st to June 30th) of year 2021. The performance of the Sri Lankan economy during the second…

(0)Comments | September 16, 2021 10:20 am

Government temporarily takes one step forward after many backward steps on agriculture

By Dr. Hemakumara Nanayakkara Ever since April 2021, Sri Lanka’s agriculture and plantation sectors have been beset by needless difficulties as a result of an announcement, seemingly made on a whim, that Sri Lanka would switch to completely organic agriculture – effective immediately. In doing so, the Government has jarringly halted all progress on efforts…

(0)Comments | September 13, 2021 12:18 am

The Smurfs should do premium banking in Sri Lanka

The Silk Road Journal by Mahika Ming Smurfs are little blue creatures who live in a village made of mushrooms. Papa Smurf control the Smurf society including Brainy Smurf, Smurfette, Handy Smurf & the family. Their enemy is Gargamel, the evil wizard who try to catch the Smurfs with various plans. They first appeared in 1958 (Ref….

(0)Comments | September 8, 2021 9:43 am

The Belt and Road helps Afghan farmers to survive amid chaos

The Silk Road Journal by Mahika Ming As we all know Afghanistan was a peaceful country till late 1970s. It never attracted colonial powers since it didn’t have any valuable resources they can take away to London, Lisbon & Moscow etc. When the USSR decided to access the Indian Ocean as part of the cold…

(0)Comments | September 8, 2021 8:44 am

Business Confidence Rebounds

Sentiment in corporate circles bounces back despite the multitude of challenges In a midyear economic update, ICRA Lanka revised its forecast for Sri Lanka’s economic growth this year, downgrading it from 3.6 percent to 3.4 percent. The rating agency notes that this projection is based on the assumption that there will not be any major…

(0)Comments | September 1, 2021 1:58 pm

Not a few things at first appear difficult – Chinese Proverb

The Silk Road Journal by Mahika Ming Most Sri Lankans are praising Dinesh Priyantha for winning their first ever Paralympics Gold Medal in Tokyo. He set a new world record by throwing the Javelin 67.79m. Samitha Dulan who won the Bronze is also being praised. Dinesh brought honour to the motherland in Rio as well…

(0)Comments | August 31, 2021 8:17 am

American parents teach their children to invest in stocks

Many families are aware of the importance of early financial investment education. Once, you asked Emmanuel Rodriguez why there was no Nintendo console yet. The 7-year-old says he owns something better: Nintendo stock. The friend stared incredulously, but it was true. The boy holds Nintendo shares worth about $178. Emmanuel’s father, Sebastian Rodriguez, said: “This…

(0)Comments | August 30, 2021 5:56 pm

Sri Lanka Can Gain a Myriad of Benefits from Twinning Floating Solar and Hydropower

STORY HIGHLIGHTS Floating solar could bring multiple benefits such as better land utilisation, improved efficiency and it gives potential to help Sri Lanka meet its renewable energy goals Globally over 30 countries have implemented 500 projects including Maldives and India Comprehensive policy adaptation can help attract long term investors and tap climate finance options as…

(0)Comments | August 27, 2021 12:27 pm

Investing in innovation: Why organisations shouldn’t hold back during a crisis

By Chatura de Silva Crises can often lead to significant changes in almost every operational aspect of life. The ongoing global COVID-19 pandemic is a fitting example of how profound disruption can be. Many industries and markets had to radically shift to accommodate new norms or had to work around new constraints to continue their…

(0)Comments | August 21, 2021 1:13 pm

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