Sri Lankan Economy Spiralling out of control; Requests IMF assistance
By Asanga Abeyagoonasekera Sri Lanka’s economic meltdown is one of the worst in recent decades, pushing many families into poverty. The situation is rapidly spiraling out of control with multiple…
Crises in the Sri Lankan Economy: Need for National Planning and Political Stability
By Dr.Vagisha Gunasekara Summary Sri Lanka’s current economic quagmire is due to three overlapping economic crises: a meshing of another long drawn-out global capitalist bust phase (which commenced with the…
The growth of Sri Lanka`s investment ecosystem and its future potential
The investment ecosystem in Sri Lanka has drastically changed over the last few years, leading tomore opportunities and growth for local entrepreneurs. To better understand this growth, the Council for…
Sri Lanka’s rising food prices belies deeper economic issues
By Dushni Weerakoon Sri Lanka recently passed emergency regulations to deal with food shortages and price increases. Such powers are typically invoked to address public security concerns. But in this instance, they…
Navigating through High Maritime Freight Rates
By Imesha Dissanayake Maritime Freight rates have been on an upward trend since the second half of 2020. The Drewry’scomposite World Container Index (WCI) as of 30th September 2021 increased…
Making state-owned enterprises work for commercial investors
By William P. Mako, David Robinett State-owned enterprises have long provided crucial infrastructure and other goods and services across Asia and the Pacific. Historically, these companies raised money directly from governments, or…
China’s Global Network of Shipping Ports Reveal Beijing’s Strategy
VOA News: A powerhouse in global trade, China has more shipping ports at home than any other country. Key investments add about another 100 ports in at least 60 nations.…
Sri Lanka food crisis: Forex dips to risky levels. Can Colombo avoid IMF?
Sri Lanka is experiencing acute food emergency. Long food queues are seen even in Colombo neighbourhoods amid tight lockdown measures. Shelves at government-run supermarkets are running low – some even…
A surging crisis in Sri Lanka: A new wave of COVID-19 is causing chaos
By Jeevethan Selvachandran Over the last few months, the world has watched India struggle through an unimaginable COVID-19 situation – over the first half of 2021, the pandemic’s second wave wreaked havoc…
Delhi-Colombo-Beijing triangle undergoes another shift
By Professor Harsh V Pant Chinese Defence Minister Gen. Wei Fenghe was in Sri Lanka last week seeking to shore up support for Chinese projects at a time when new…