By Advocata Institute Sri Lanka’s electricity tariffs have never made much economic sense. They’re full of distortions, cross-subsidies and based on outdated assumptions. This is why the Advocata Institute recently made a formal submission to the Public Utilities Commission of Sri Lanka (PUCSL), proposing a complete overhaul of the way electricity is priced. The goal…
By Prof. Samitha Hettige Sri Lankan memory of Norway may vary. ‘CEY – NOR’ fisheries sector development project & the Cashew plantations in east are from the pre conflict 1970s. During 1980s NGO ‘Redd Barna’ served child welfare. In the 1990s Norway directly & indirectly invested in peace with Young Asia TV, World View Foundation,…
Ms. Kanishka Munasinghe, Vice President of the Listing Division at the Colombo Stock Exchange (CSE), outlines the strategic value of listing on a stock exchange, detailing the role of the Listing Division, followed by the benefits for companies, the broader economic impact, and the essential considerations entities must assess before going public. What is the…
By Shiran Fernando Chief Economic Policy Advisor at The Ceylon Chamber of Commerce Sri Lanka has weathered a relentless succession of economic shocks in recent years. The turmoil began with the constitutional crisis in 2018, followed by the tragic Easter Sunday attacks in 2019. As the country began charting a path to recovery, the COVID-19…
By Jithendra Antonio As we commemorate World Vape Day 2025 on May 30th, it’s imperative to acknowledge the pivotal role harm reduction strategies have played in accelerating the decline in smoking rates globally. Countries that have embraced vaping and other safer nicotine products, such as Sweden and New Zealand, are witnessing unprecedented success. The Science…
By Yashora Gunawardena A recent IPS study brings out the reality of Sri Lankan Female Migrant Workers (FMWs), particularly those engaged in domestic work across the Middle East. These women juggle multiple roles across various locations, handling extra tasks, often beyond their contractual obligations. Despite the heavy workload, they often do not receive even their…
By Prof. Samitha Hettige Being an agricultural society, Sri Lankans including the ancestors of President Gotabaya, Minister Mahindananda & the officials investigating the payments to the Chinese fertilizer ship may have successfully used bio fertilizer from times immemorial. However, PM Dudley had to sign the ‘Rubber Rice Pact’ with China in 1952 to fight famine….
By Senior Journalist Seelaratna Senarath In a time of mounting global inequality, persistent poverty, and fractured multilateralism, the 2025 China–South Asia Forum on Poverty Reduction and Development Cooperation, held in Colombo on May 15, emerges as a compelling case for how nations can—and must—collaborate to uplift the vulnerable. This isn’t just a diplomatic formality; it…
By Dr Asanka Wijesinghe The United States’ (US) proclamation of “reciprocal tariffs” dealt a blow to the global trade system based on the World Trade Organisation (WTO) principles. With the individualised tariff rates, the US has discarded non-discrimination in the Most-Favoured-Nation (MFN) tariff structure. The “reciprocal tariff” rate does not show any reciprocity but rather…
The Economy – Economic Sentiment Wavers A notably cautious economic and business outlook has settled over corporates with PepperCube Consultants reporting a more tempered perspective in biz circles. This is line with the mighty fall in business confidence in April. THE ECONOMY The latest LMD-PEPPERCUBE Business Confidence Index (BCI) survey, conducted in the first week of April,…
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