While centre driven and managed high level economic changes, both structural and financial, are necessary, an assumption that the benefits of such changes will flow to the periphery through a trickledown theory
by a Special Correspondent in Washington DC A reliable source in Washington DC, who wishes to remain anonymous but maintains strong connections with the International Monetary Fund (IMF), has raised concerns over
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The state of seafarer training in Sri Lanka has reached a critical juncture, with thousands of aspiring seafarers investing substantial resources only to face unfulfilled promises and limited job opportunities. This article
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Sri Lanka’s gross foreign reserves saw a significant increase of $474 million in October, rising to a total of $6.4 billion, according to data released by the Central Bank of Sri Lanka.
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The People’s Struggle Alliance claimed that influential rice magnate Dudley Sirisena contributed substantial funds to sway the outcome of recent presidential elections. According to Indrananda de Silva, a parliamentary candidate from the
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Efficient border agency operations are crucial for any economy, especially for island nations like Sri Lanka, where trade significantly contributes to economic growth. Delays in cargo clearance disrupt the flow of goods,
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An investigation by The Sunday Times and Channel 4’s Dispatches has revealed that the British royal family made nearly $65 million last year from a vast and secretive property portfolio, which spans
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by Chen Dongshu, Zhou Hanqiu After passing through rows of jungle, one arrives at Sanjeewanie Dewanarayana’s handicraft workshop, nestled among lush tropical grasses and trees in Pasyala, about 60 km away from
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by Xinhua writer Zheng Bofei The British government has announced a 2-billion-pound (about 2.59-billion-U.S. dollar) reduction in its Official Development Assistance (ODA) budget, reducing foreign aid spending from 0.58 percent of Gross
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In order to thrive in the 21st century, you have to be a savvy citizen of the digital economy or risk being left behind. — Leila Janah I was encouraged to read
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Sri Lanka has made significant strides in its economic reform agenda, positioning itself for an upcoming third review of its Extended Fund Facility (EFF) program, according to Krishna Srinivasan, Director of the
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by Our Correspondent in Colombo Sri Lanka is facing an increasingly complex problem: the unchecked influx of foreign nationals who, under the guise of tourism, are overstaying their visas and illegally operating
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The Industry Outlook 2025: Challenges, Opportunities, and Trends to Watch in Six Sectors compiled by the Economist Intelligence Unit (EIU), offers a comprehensive look into the future of six key industries, framed
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The United Nations World Food Programme (WFP), together with the Ministries of Environment of India and Sri Lanka, today launched its Adaptation for Resilience (ADAPT4R) project. The five-year initiative aims to enhance
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Editorial Today’s urgent warning from the U.S. Embassy in Sri Lanka about a potential attack on popular tourist locations, particularly Arugam Bay, serves as a wake-up call. Credible intelligence has led to
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“One of the biggest issues with Sri Lankan Airlines has been the chronic political interference and mismanagement. Instead of focusing on profitability and sustainability, decisions were often made to serve political interests,
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