Analysis

Biz Confidence in Freeze Mode

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…

(0)Comments | July 29, 2021 5:46 am

Educational Reforms in Communist China, KDU act & the Sri Lankan thinking!

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…

(0)Comments | July 26, 2021 12:53 pm

Sunflower reached China along the Silk Road

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…

(0)Comments | July 20, 2021 7:02 am

Create synergy to walk on fire!

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…

(0)Comments | July 12, 2021 11:19 pm

Playing the Noble game (Cricket) in China

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…

(0)Comments | July 7, 2021 12:01 am

Corporate sentiment remains muted amid the numerous challenges impacting the country

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…

(0)Comments | July 1, 2021 6:15 am

AI will lead Sri Lanka to the Next Level of Economic Development

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…

(0)Comments | June 29, 2021 5:09 pm

Superior Commander should defeat the pandemic to usher development, lessons from China

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…

(0)Comments | June 29, 2021 9:03 am

Is Palm Oil a Problem or a Solution?

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…

(0)Comments | June 28, 2021 3:10 pm

Sri Lanka’s Labour Market Amidst COVID-19: The Need for Targetted Interventions

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…

(0)Comments | June 28, 2021 12:35 pm