Economy

Economy

New Inland Revenue Act On The Cards

Sri Lanka is getting a brand new Inland Revenue Act. Though yet to be gazetted, the draft Act has already been approved by the…

Economy

What “Kinky Boots” Can Teach Lankan Manufacturers

In February 1964, Patrick McNee and Honor Blackman, two of the stars of the British television action series The Avengers, came out with a…

Economy

From Cinnamon Forests To Cinnamon Gardens

The ancient Greek name for Sri Lanka, Taprobane, came from the Sanskrit Tamraparni – Tambapanni in Pali. The Mahawamsa says the term arose because…

Economy

Treasury Bond Scam ‒ An Update On The Saga

It’s been nearly two years since the controversial transaction of treasury bonds, popularly referred to as the bond scam (thankfully, the media has yet…

Economy

Manpower Strikes And Sri Lanka Telecom ‒ What You Need To Know

Strikes and protests by ‘manpower’ workers in the state sector are not unheard of in Colombo. However, recent trade union action connected to Sri…

Economy

2017: Where Is The Economy Headed?

Key points: Though relatively stable for the most part, economic activity likely to be constrained in 2017 Characterised by changes in the policy and…

Economy

Low Wages And Outdated Laws: The Domestic Worker’s Dilemma

Although many parts of the world had abolished slavery by the twentieth century, modes of unjust servitude exist, to this day, in the form…

Economy

The Bad Taste In Your Cup Of Tea

In September 2016, export prices for Ceylon Tea peaked, and total exports were 3% higher than the previous September. However, all was not well for…

Economy

Time To Re-think Public Procurement

It sounds obvious, but the Government is the biggest buyer in the country. In 2015, the state’s shopping list came up to nearly Rs….

Economy

Five Of Sri Lanka’s Best Green Buildings

Humans have constructed buildings since the New Stone Age, starting with simple structures built for shelter using natural materials. For many centuries later, the…

Economy

What Ails Our Economy?

Sri Lanka’s economy, which struggled amidst the constraints of nearly three decades of civil conflict, benefitted very briefly from the “peace dividend”, following the…

Economy

Paperless Trade ‒ Still A Dream In 2016

Every year, Sri Lanka loses millions of rupees due to the country’s frustrating reluctance to adopt paperless trade. It’s 2016 and both state and…