A 16-year-old boy with Sri Lankan roots, described by his parents as a “golden boy” took his own life in the UK after being blackmailed over nude photographs, an inquest heard. Dinal De Alwis, 16, was found by a coroner to have killed himself in Sutton, south London, in October 2022. A Metropolitan police investigation […]

By Rathindra Kuruwita Until Sri Lanka has access to international money markets, which will allow it to ensure there are no short-term dollar shortages, relaxing the restrictions on vehicle imports is out of the question, Professor in Economics at the Department of Economics at Colombo University

The Institute of Policy Studies of Sri Lanka (IPS) is inviting proposals for the Saman Kelegama Memorial Research Grant 2024. The grant is an annual, merit-based grant awarded to an outstanding undergraduate studying in a Sri Lankan university. It aims to promote policy entrepreneurs among undergraduates by encouraging policy-relevant, rigorous and innovative socio-economic research. The […]

by Neville Ladduwahetty The total number of Sri Lanka’s State-Owned Enterprises (SOEs) is reported to be 527. Of these, 55 are categorized as strategically important. According to Public Finance Data and Analysis, only 11 out of 52 SOEs have Published Financial Data up to 2022.  Consequently, except for the common knowledge that the overwhelming majority […]

High Commission of India, Colombo, is inviting applications for around 200 fully-funded scholarships for Sri Lankan nationals, across various levels. These scholarships are being offered for studies in prestigious Indian Institutes and Universities across subject domains but not including Medical/Paramedical, Fashion Design and Law courses. The scholarships offered exclusively for Sri Lankan natio...

In the global political landscape of 2024, Reuters provides a comprehensive overview of key elections shaping the economic and geopolitical landscape across diverse regions. From Europe, where the rise of Eurosceptic far-right parties poses challenges to the European Union’s integration, to Russia, where Vladimir Putin is set for another term amid heightened tensions with the […]

China’s consumer price index (CPI) fell by 0.3 per cent year on year in December, marking a third consecutive monthly decline amid fears of deflationary risks Concerns have risen that China is facing similar issues to Japan’s so-called lost decades of stagnation China’s falling consumer prices in the fourth quarter have plunged full-year inflation to […]

by Dr Amali Wedagedara In Sri Lanka, public policy lost in the neoliberal haze treats the market as a cure for all ills. Not only is the market omnipresent, but it is also omniscient and omnipotent. The charm of the ‘market’ that research and advocacy lobbyists are creating is so alluring that only a few […]

India’s domestic and foreign situation has changed tremendously compared to four years ago and it has achieved outstanding results in economic development and social governance, said an article published in China’s state-run Global Times. The article authored by Zhang Jiadong, director of the Center for South Asian Studies at Fudan University, said India has made […]

by Jehan Perera The change that the country is looking for lies in the future. The change that the government has brought may have been sufficient unto the day, especially for the upper classes and the international community they fraternise with, but insufficient for the future progress and wellbeing of the masses of people.  This […]

[An article based on the Keynote Address delivered by Dr. P. Nandalal Weerasinghe, Governor of the Central Bank of Sri Lanka, recently at the Annual Research Symposium 2023 of the University of Colombo] Introduction Inflation affects every aspect of our lives; it is a force that shapes our purchasing power, influences our financial decisions, and […]