Business Sentiment – The Index Continues To Head North At a recent webinar, the Institute of Policy Studies of Sri Lanka’s (IPS) Executive Director Dr. Dushni Weerakoon noted that a V-shaped recovery seems to be on the cards for the Sri Lankan economy, following the 3.2 percent contraction recorded last year. With a growth rate…
Sri Lanka’s merchandize exports in September 2021 recorded US$ 995.8 Mn as per the data released by the Sri Lanka Customs. EDB Chairman & CE, Suresh D. de Mel said, “Observing the export figures of September, it is remarkable to see that our exporters performed this well amidst travel restrictions and lockdowns due to the…
Global study finds 78% of people feel “stuck” professionally and personally (77%) 90% of people say their meaning of success has changed since the pandemic started 89% of people want technology to help define their future 78% of people felt their companies were more concerned with their mental health now than before the pandemic People…
Global economic developments have impacted Sri Lanka’s external sector performance, and the economy overall. While Sri Lanka managed the first wave of the COVID-19 outbreak imposing lockdown measures for two months (March to May 2020), it has since been hit by a second outbreak since October 2020 and a third wave in April 2021. The…
By A. Sukumaran – Chairman, Joint Apparel Association Forum (JAAF) The recent European Union (EU) monitoring mission visit to Sri Lanka on the Generalised Scheme of Preferences (GSP) Plus trade concessions scheme, has ignited much speculation locally, on the potential costs of losing GSP+ to the EU. However, many such analyses have significantly under-estimated the…
Key Takeaways Increasingly, many experts feel transitioning to an endemic is a realistic endpoint for the current pandemic. Endemic means the governments will have to deal with COVID in a more localised fashion while the public will have to continue with the current pandemic-induced lifestyles to some degree. Tourism may resume but we are likely…
By Thilini Bandara Sri Lanka’s social protection and food insecurity amidst COVID-19 came into focus at the third and final session of a webinar series held recently to mark the release of the ‘Sri Lanka: State of Economy 2021’ report, the annual flagship publication of the Institute of Policy Studies of Sri Lanka (IPS). The…
By Dr Roshan Rajadurai Since herbicides spraying was introduced as a form of weed management in the 1960s with Paraquat, plantations have used pre-emergent, residual, post-emergent, broad spectrum, systemic, translocated, and contact herbicides for weed management depending on bush cover, rainfall pattern, growth stage of weeds and Tea bush. Plantations have not exclusively depended on…
The Silk Road Journal by Mahika Ming When Russians travelled into space during Soviet administration (USSR), the individuals (astronauts) were referred to as Cosmonauts (a word with routes in Greek words for universe and sailor). Similarly the Chinese call their astronauts “Taikonauts” combining the routes of the Chinese word for space (Taikong) and the Greek…
Agility, adaptability and resilience have been hallmarks of the apparel industry SMEs. It’s time to build that up further. By Rantha Tissera – Treasurer, Sri Lanka Chamber of Garment Exporters and Managing Director of Estilo Apparel In Sri Lanka, small business is a very big deal. The numbers tell the story. The Department of Census…
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