Category: Opinion
3AxisLabs another welcome entrant to Jaffna’s IT ecosystem
By Jekhan Aruliah The Yarl Geek Challenge (YGC), run by the Yarl IT Hub, has been a launch pad for hundreds of IT careers, and for a number of successful companies. What YGC showcases is not the products brought by the teams, YGC showcases the people the teams are made up of. Often the YGC’s […]
Opinion: Entrepreneurship is Key to Improving Economy
By M. Rizwan Muzzammil Why Economics? It is a reality of life that all resources, be it land, labour, or capital, are scarce. This is why economizing is necessary. In Sri Lanka, the shortage of goods and services is in fact indicative of a general shortage of resources in the economy. To address this problem […]
Opinion: Debunking the great misconceptions of marketing
By Thanzyl Thajudeen For long, marketing has been narrowly misunderstood with numerous other terms. And the sole responsibility for this lies in the hand of marketers such as ourselves. This is because we haven’t really taken a bigger stance on putting our efforts in advocating or addressing the many false ideologies or misconceptions held by […]
Private Tutoring Amidst Sri Lanka’s Economic Crisis: Issues Faced by Students
By Usha Perera Sri Lanka’s education sector, still reeling from the effects of the COVID-19 pandemic, now faces acute challenges due to the current political and economic crises. The sudden imposition of curfews and the lack of transportation have resulted in school closures and students being deprived of structured and systematic in-school education. In Sri […]
‘s economic panorama: Today is yesterday’s tomorrow. Are we too late?
By Gayan Gunewardana Once a flourishing island, Sri Lanka now faces its worst economic crisis since gaining independence in 1948. The article covers the prospect of buildup, current status, and preferred loan term strategies to overcome the issues. The fundamental challenge is that the country relies heavily on importing essential items, including petrol, food items, […]
Xebiro developing European tech in London, Colombo, and Jaffna
By Jekhan Aruliah COVID-19 lockdowns and remote working The COVID-19 pandemic, which had a devastating impact on health and on economies, is having a revolutionary impact on working and learning. Schools and universities were shoved unready from in-class to distance learning. Young people looking forward to a few years of unsupervised love and unhealthy food […]
Currency Board: A Solution to Sri Lanka’s Economic Crisis?
By Dr Asanka Wijesinghe: On 08 March, Sri Lanka devalued the rupee against the US dollar, entering into a floating exchange rate regime. The Central Bank of Sri Lanka had to abandon the pegged exchange rate as defending the rupee with dwindling reserves was impossible. The inter-bank exchange rate shot up once the banks were […]
Opinion: From Crisis to Inclusive Economic Growth in Sri Lanka
By FARIS HADAD-ZERVOS, World Bank Country Director for Maldives, Nepal and Sri Lanka & HANS TIMMER , Chief Economist, South Asia, World Bank: Sri Lanka has managed the health and safety aspects of the COVID-19 pandemic in a commendable way . The nation has been and continues to be swift in safeguarding the health of its […]
Russia-Ukraine Conflict: Economic Implications for Sri Lanka
By Asanka Wijesinghe: The Russian invasion of Ukraine deepens the existing global economic woes – persistent supply chain bottlenecks and associated rising inflation – clouding the prospects of a smooth global economic recovery from the pandemic. The West, led by the US and the EU, swiftly imposed strict economic sanctions, targetting Russian banks, oligarchs, political […]
Diaspora investment in Mullaitivu, Mullai Milk Processing Industries
By Jekhan Aruliah Mr S.Thavaseelan, known as Seelan, was born in Kayts a town at the Northern end of Jaffna’s Velanai Island. His father, who delivered letters for the Ceylon Post Office, died when Seelan was 4 years old. He left the young family with a government pension which his mother supplemented doing other jobs. […]
Pro-Poor Tourism: Can it Reduce Poverty in Sri Lanka?
By Kimuthu Kiringoda: “Tourism has been described as the world’s largest transfer of resources from rich to poor, dwarfing international aid.” – Salli Felton, CEO, Travel Foundation The tourism industry’s performance was hampered first by the Easter Sunday bomb explosions in 2019 and then the COVID-19 pandemic. Sri Lanka saw a decline in tourist arrivals from […]
Youth Migration: Challenges and Opportunities for Sri Lanka
By Thisuri Ekanayake A great deal of discussion is underway on what appears to be the latest wave of migration from Sri Lanka. These conversations focus on the desire of young people to migrate in search of greener pastures in the face of the soaring cost of living and uncertainty about the country’s future. While […]