The Silk Road Journal by Mahika Ming The Katharagama Esala Perahera festival began few days ago. There are various views about the practice of “fire walking” which takes place during the festival. It is believed to be held for centuries to invoke blessings on the people & the country. Fire walking is mainly a religious…
The Silk Road Journal – by Mahika Ming Sri Lankans are talking much about cricket, cricketers and related activities these days. It got intensified after a short video recorded in England started its rounds in the social media. There are those who say that Chinese and the Japanese don’t play cricket since no one is…
BUSINESS SENTIMENT – Business Confidence Nudges Down While the COVID-19 pandemic has brought many challenges for the economy since March last year, World Bank Country Director for Maldives, Nepal and Sri Lanka Faris Hadad-Zervos believes that it also presents an opportunity for the nation to drive policies that will enable it to “build back better with…
By Dr. Pulasthi Gunawardhana AI, long the mainstay of science fiction, is today a very real presence in business, manufacturing, government operations and an array of other sectors as AI applications take on a growing number of tasks. AI is accelerating the transition from the traditional to the digital economy, and at the same time…
By Prof. Samitha Hettige President Gotabaya Rajapaksa recently addressed the nation. He mentioned about the efforts to control the pandemic & to develop the country. However, it is not very clear if the majority of socially, politically & economically divided Sri Lankan population who may be thinking that they have mastered the use of smart…
By Dr. Chatura Rodrigo (Ph.D) Palm oil is an edible vegetable oil produced from the reddish fruit of the oil palm. It’s the most consumed edible oil in the world. Contrary to popular opinion, it’s also one of the most sustainable and economically viable crops in the world. To illustrate, only 5% of the world’s…
By Nisha Arunatilake Lockdowns and restricted mobility have devastated labour markets across the world. According to the International Labour Organization (ILO), the equivalent of 225 million jobs was wiped away globally due to employment and working hour losses in 2020 (Q4) compared to 2019 (Q4). These working hour losses are four times higher than those…
Export Performance for May 2021 and the period of January – May 2021 Sri Lanka’s export sector performance has been able to managed its growth momentum in May 2021 with the challenges of this pandemic. “We are happy to see that export levels are reaching fast to the pre-Covid 19 levels despite the continuous multiple…
The Silk Road Journal by Mahika Ming The Father’s day is celebrated around the world on the third Sunday of June. In 2021 it was on 20th June. A father plays an influential role on every child. The impact made on the development of the personality and the shaping of a child’s character by a…
By Tharindu Udayanga The COVID-19 pandemic exerted significant downward pressure on global trade as well as the global economy at large. Unprecedented declines in merchandise trade, foreign direct investment (FDI) flows, tourism and cross-border migration have all been hallmarks of the economic fallout. As a result, growth expectations for countries worldwide dimmed. Nonetheless, thanks in…
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