G7 SUMMIT
Expectations were high at this year’s G7 summit in Hiroshima, Japan. In addition to the Group of Seven leaders, representatives
MANUFACTURING INDUSTRY
Promoting inventors and their inventions is essential for a country’s progress, and it’s for this purpose that the Sri Lanka Inventors
AGRICULTURE SECTOR
Smallholder farmers play an important role in ensuring global food security as they produce around a third of the world’s food supply. They face many challenges
ECONOMIC INDICATORS
After peaking at 69.8 percent year on year in September 2022, the Colombo Consumer Price Index (CCPI) fell to 35.3 percent in April
WORLD ECONOMY
As far as the world economy is concerned, there are reasons to be both fearful and cheerful. With the recent release of the IMF’s
AGRICULTURE SECTOR
Climate change impacts agriculture significantly. As temperatures rise and weather patterns become more unpredictable, farmers face numerous challenges
SUSTAINABILITY DRIVE
There is a scientific consensus that the world urgently needs to transition towards a radically different growth path that’s sustainable and low carbon
ECONOMIC REFORM
Sri Lanka received approval from the IMF for an Extended Fund Facility (EFF) on 20 March. This marked around a year since
FED POLICY
It’s an interesting time to revisit US Federal Reserve policy given the recent turmoil in the banking sector. The failure of two
FOOD SECTOR
In December, the World Food Programme (WFP) announced that around 30 percent of Sri Lanka’s population – that’s over 6.5 million people – were
AGRICULTURE SECTOR
Urban agriculture – the cultivation, processing and distribution of food in or near metropolitan areas – has the potential to improve global food
THE TRADE DEFICIT
The trade deficit narrowed last year, falling to its lowest level since 2010; this was driven by higher exports and lower
WORLD TRADE OUTLOOK
Global trade continues to face multiple challenges as inflation and high interest rates, debt distress and geopolitical frictions
INVESTMENT CLIMATE
The story of attracting foreign investors to Sri Lanka is not a happy one and the blame lies with successive governments rather than any foreigners.
AGRICULTURE SECTOR
The global food system is supported by three crops – rice, wheat and maize – that provide 50 percent of all the calories consumed. According to the
ECONOMIC OUTLOOK
Sri Lanka has endured poor economic growth for more than a few years – and 2022 is expected to record the worst GDP contraction in its history
GLOBAL ECONOMY
Speaking at the recent World Economic Forum (WEF) in Davos, IMF Managing Director IMF Kristalina Georgieva asserted that the global economy
AGRICULTURE SECTOR
Many of the world’s most significant agricultural commodities are produced by smallholder farmers. On 24 percent of the planet’s gross agricultural land
SUSTAINABLE TRADE
Sustainability is a market differentiator that’s useful in international trade – and it is synonymous with competitiveness. Producers use either or both social
INFLATION OUTLOOK
Amid the many economic stresses the economy faced last year, high inflation in Sri Lanka has had a telling impact on the public. In a
