Analysis

FDIs energize tropical islands elsewhere, can we be one?

The Silk Road journal by Mahika Ming Most powerful economic machines of the world didn’t run efficiently during 2020 and are still struggling due to lack of investments. As per Chinese Commerce ministry statistics, the foreign direct investment (FDI) into the Peoples Republic of China (mainland only) have increased by more than 35% from January…

(0)Comments | June 14, 2021 11:50 am

CIAM: Challenges, Opportunities and Utilising it to Meet Evolving Customer Needs

– Chief Information Officer, Union Bank of Colombo, Nisala Kodippili   Nisala Kodippili, Chief Information Officer at the Union Bank of Colombo discusses some of the challenges, opportunities and points to note surrounding the current environment of CIAM implementation.   Tell us more about what customer identity and access management (CIAM) is: If we take…

(0)Comments | June 14, 2021 10:11 am

Mitigating Sri Lanka’s COVID-19 Education Crisis: Priority Areas for Action

By Ashani Abayasekara and Thisali de Silva The year 2020 saw close to 1.6 billion students from over 180 countries being kept out of schools for extended periods of time, in response to the COVID-19 pandemic. Despite commendable efforts by many countries to put in place alternative remote learning strategies and corrective measures, learning losses…

(0)Comments | June 9, 2021 1:18 pm

The Polymerase Chain Reaction keeps the Silk Road safe

The Silk Road Journal – by Mahika Ming The demand for COVID – 19 testing is increasing ever since the infection was identified in 2019. All health facilities are struggling to their maximum to expand the ability to meet the rising demand. At the outset people had to wait 24 hours or more to get…

(0)Comments | June 8, 2021 1:37 pm

Land Prices in Western Province Increase By 74% from 2018 to 2021

According to the annual Land Price Index released by LankaPropertyWeb, Sri Lanka’s number one real estate platform, in the Western Province (except Colombo Municipality area) the overall land price values have increased by 74% from 2018 to 2021. The company also revealed that, on an annual basis, the increase in average land prices between 2018…

(0)Comments | June 2, 2021 1:04 pm

CCPI based Inflation increased to 4.5 per cent in May 2021

Headline inflation, as measured by the year-on- year (Y-o-Y) change in the Colombo Consumer Price Index (CCPI, 2013=100)1, increased to 4.5 per cent in May 2021 from 3.9 per cent in April 2021. This was driven by monthly increases of prices of items in both Food and Non-food categories. Accordingly, Food inflation (Y-o-Y) increased to…

(0)Comments | June 1, 2021 12:03 am

Menstrual Hygiene: It’s all about awareness, accessibility & testing

By Dr. Suranga Hettipathirana In Sri Lanka, menstruation has more often than not been a topic spoken in hushed tones, behind closed doors and continues to be one of our culture’s greatest stigmas, despite being home to a female population of 52%, 5.7 Million of whom menstruate. Therefore, poorly-informed practices related to menstrual hygiene have continued to…

(0)Comments | May 31, 2021 9:08 pm

Business sentiment plunges following the emergence of the third wave of COVID-19

Business Sentiment – Index Falls To A Five Month Low The impact of the third wave of the COVID-19 pandemic on the local economy is expected to be less severe than the previous waves “due to the selective nature of mobility restrictions and the ongoing vaccination drive,” according to the Monetary Board of the Central…

(0)Comments | May 31, 2021 11:50 am

“A rice grain can save a country or make it fall,” – Yuan Longping

The Silk Road Journal – by Mahika Ming World renowned Chinese agronomist Yuan Longping who developed the first hybrid rice strains passed away in the Peoples Republic of China (PRC) at 91 few days ago. Just the way we dubbed late Prime Minister Dudley Senanayaka as the “Father who gave rice – Bath dun piya”(probably…

(0)Comments | May 31, 2021 6:17 am

Sri Lanka records USD 798.9 Mn exports in April 2021

Sri Lanka’s export performance continued its upward momentum in the first three months of 2021. Due to the Covid-19 pandemic induced lockdown last year, exports were contracted by a record 64.63 per cent in April 2020. However in April this year, exports grew up by 183 per cent to US$ 798.9 Mn in comparison to…

(0)Comments | May 20, 2021 4:39 pm