Headline inflation, as measured by the year-on- year (Y-o-Y) change in the Colombo Consumer Price Index (CCPI, 2013=100)1, increased to 4.5 per cent in May 2021 from 3.9 per cent in April 2021. This was driven by monthly increases of prices of items in both Food and Non-food categories. Accordingly, Food inflation (Y-o-Y) increased to…
By Dr. Suranga Hettipathirana In Sri Lanka, menstruation has more often than not been a topic spoken in hushed tones, behind closed doors and continues to be one of our culture’s greatest stigmas, despite being home to a female population of 52%, 5.7 Million of whom menstruate. Therefore, poorly-informed practices related to menstrual hygiene have continued to…
Business Sentiment – Index Falls To A Five Month Low The impact of the third wave of the COVID-19 pandemic on the local economy is expected to be less severe than the previous waves “due to the selective nature of mobility restrictions and the ongoing vaccination drive,” according to the Monetary Board of the Central…
The Silk Road Journal – by Mahika Ming World renowned Chinese agronomist Yuan Longping who developed the first hybrid rice strains passed away in the Peoples Republic of China (PRC) at 91 few days ago. Just the way we dubbed late Prime Minister Dudley Senanayaka as the “Father who gave rice – Bath dun piya”(probably…
Sri Lanka’s export performance continued its upward momentum in the first three months of 2021. Due to the Covid-19 pandemic induced lockdown last year, exports were contracted by a record 64.63 per cent in April 2020. However in April this year, exports grew up by 183 per cent to US$ 798.9 Mn in comparison to…
Advocata Institute submitted a letter to all members of Parliament on Monday 3rd of May, on the proposed Colombo Port City Economic Commission bill. The letter addressed to all MPs, highlighting the potential opportunity the Port City project presents and observations on how to maximize the economic opportunities. The full letter can be read on www.advocata.org….
People’s perception on economic opportunities around the corner seem to have turned positive with daily positive cases of Coronavirus patients receding with the start of the nationwide inoculation program. However, the fall in optimism since the election of the President and the subsequent election of a strong government is stark. Unless the authorities are able…
The Silk Road Journal by Mahika Ming The Belt and Road Initiative (BRI) launched by the Peoples Republic of China eight years ago is gaining momentum with stability and growth recorded every day (Ref. socio economic statistics of all partner countries involved) especially in a world struggling with the uncertainties of the COVID – 19…
By Sherman Gunatillake With market uncertainty and disruptions across different business verticals christened as the ‘New Normal’, the chief financial officer (CFO) of the modern-day has many elements to balance across the business. In such a context, strengthening business resilience is a crucial responsibility that a CFO has on his agenda. But has a CFO’s…
By Daniel Fernando – Marine Biologist | Co-Founder of Blue Resources Trust Sharks and rays (elasmobranchs) are a unique group of fishes with skeletons made of cartilage. They play an important role in the marine food web, with many found in the higher trophic levels helping to maintain natural balance. Most elasmobranchs…
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