By Manoj Udugampola At a time Sri Lanka is in much need of increasing its foreign exchange reserves, the vast untapped potential of the country’s rubber exports industry requires due attention. To place the rubber sector’s foreign exchange earning potential in context, the Export Development Board (EDB) had earlier set a target of USD 4.4…
The Silk Road Journal by Mahika Ming In August Sri Lankans will be paying homage to the Buddha’s tooth relic in Kandy with the Perahera pagent. The Buddha was a great philosopher who preached for the benefit of all especially the lowest levels in the society to overcome their grievances. The ceremony has in fact…
Corporate sentiment remains frozen as the nation grapples with economic challenges Sri Lanka’s manufacturing Purchasing Managers’ Index (PMI) increased by 8.3 index points to 50.4 in June, indicating a slight recovery from the adverse impacts of the third wave of the pandemic. The Central Bank of Sri Lanka notes that this was largely driven by…
The Silk Road Journal by Mahika Ming In the late 1970s, Minister of Education Ranil Wickremasinghe presented a White Paper on Education. It was opposed by the communist & leftist parties & the government could not fully implement the proposals. Years later, those who opposed were seen implementing most of what Ranil proposed. There is…
The Silk Road Journal by Mahika Ming In 1398 the Ming dynasty started ruling Great China & the imperial navy under the command of Admiral Zheng He sailed the known world connecting China to the rest of the world. The Sunflower which was native to South America arrived in China through the international relations developed…
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…
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