By Prof. Samitha Hettige A person less than 18 is considered a child (UN convention on the rights of the child). Children of one small pre-school in China donated their day’s pocket money (approx 5 million SL rupees) to help SL children suffering in the crisis. Those Chinese children may be too small to know…
Reuters – R.M.R Lenora stood in a snaking queue outside Sri Lanka’s Immigration and Emigration Department headquarters for two days last week, hoping to get a passport and, with it, a chance to leave a country wilting under an economic crisis. A garment worker, 33-year-old Lenora decided to apply for a job as a maid…
Italian retailer sees strong prospects for the South Asian nation’s apparel industry Despite the economic crisis Sri Lanka finds itself in today, Sandro Veronesi, President of Calzedonia, one of Italy’s leading retail chains, has great faith in the resilience of Sri Lanka’s apparel industry. His company has over 13,000 employees in the island nation and…
Official Food inflation stood at 57.4% in May, the highest ever year-on-year food prices ever recorded since 2004. Advocata Institute’s Bath Curry Indicator (BCI) , which tracks changes in the retail price of food, also recorded its highest ever increase of 71% from May 2021 to May 2022 and an increase of 13% over the…
By Prof. Samitha Hettige SL is in a crisis and that can be a catalyst for positive change. Business tycoon and Ex Secretary Ministry of Highways Dhammika Perera must be making moves with long term plans for him and his country. He isn’t the first self made to make such moves. Upali Wijewardena ran faster…
A benchmark to city development Sri Lanka’s most comprehensive development regulations – the Development Control Regulations (DCR) – introduced by Port City Colombo, was gazetted recently and is now being enforced. An awareness program on the DCR conducted by the Colombo Port City Economic Commission was held at Port City Colombo, Thursday (09). The DCR…
Non-communicable diseases (NCDs) have posed a critical health challenge for Sri Lanka for several decades. Estimated to account for 83 per cent of all deaths in Sri Lanka today, NCDs have serious health and economic consequences for both individuals and the country.[1] In 2000 and 2010, the deaths that occurred due to NCDs were estimated…
There is much dialogue in SL about the current crisis, its causes, objectives and even possible outcomes. Some are at the Galle face demanding departures among other things. When analyzing views expressed at the beach, one might wonder whether they are clear on what they want. Showbiz personalities were seen going speechless when media asked…
The destitution of promise and under the yoke of the madness of multiple national crises To say that what the people are enduring is akin to ‘adding insult to injury’ would be the mildest description possible in our gloomy isle. As queues snake down streets and by lanes, and around corners, some essential items have…
Sri Lanka’s credit rating has been downgraded 7 times over the course of 7 years (May 2015 – May 2022). 5 of those downgrades occurred since April 2020. In contrast, its regional peers have maintained their credit ratings. The recent downgrade to RD (Restricted Default) on the 19th of May 2022 was immediately after…
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