Tax Digitisation in Sri Lanka: Progress or Pitfall?
Tax Digitisation in Sri Lanka | Sri Lanka is entering a crucial phase in its economic reform journey. Among the many measures rolled out to increase state revenue, the digitisation of the tax system is one of the most ambitious. The Inland Revenue Department (IRD) has pushed forward with online filing, e-payments, and digital platforms […]
Sri Lanka’s Brain Drain Crisis: The Cost of Losing Our Brightest Minds
Brain Drain Crisis – Sri Lanka | The topic underscores a growing crisis in Sri Lanka: the brain drain of its skilled workforce. A new study from the University of Peradeniya reveals that over 50% of state university graduates, rising to 80-90% in critical fields like medicine, engineering, and agriculture are migrating permanently, never to […]
Bridging the Gap: Strengthening Sri Lanka’s Law Enforcement for a Safer Future
Introduction Law enforcement is one of the most visible arms of the state, tasked with upholding the rule of law, protecting citizens, and maintaining public order. In Sri Lanka, the police service has a proud history, yet faces growing challenges in a rapidly changing environment. Rising urbanisation, evolving criminal tactics, cybercrime, and public trust issues […]
Revving into the Future: Why Sri Lanka’s EV Regulations Must Catch Up with Technology
EV Regulations | Electric vehicles (EV) are no longer the futuristic concept they once were. Across the world, countries are aggressively investing in EV infrastructure, offering tax incentives, and modernising regulations to push for sustainable transport. In Sri Lanka, however, while interest in EVs is growing, the regulatory environment has not kept pace. Outdated policies, […]
Balancing Development and Conservation: The Future of Sri Lanka’s Coastal Ecosystems
Sri Lanka’s 1,340 km coastline is both a source of immense economic potential and a delicate ecological treasure. From pristine beaches and mangroves to coral reefs and estuaries, these ecosystems sustain fisheries, tourism, and coastal livelihoods(Coastal Ecosystems). At the same time, they provide vital natural defences against erosion, storm surges, and climate change impacts. However, […]
The Informal Economy’s Silent Power: How Sri Lanka’s Shadow Workforce Shapes Growth and Inequality
The Informal Economy’s Silent Power | In Sri Lanka, conversations about the economy often revolve around GDP growth, foreign reserves, exports, and debt. Yet beneath the official numbers lies a vast, often overlooked engine of economic activity – the informal economy. It’s a world of street vendors, daily wage labourers, home-based seamstresses, tuk-tuk drivers, small-scale […]
Sri Lanka’s Ageing Time Bomb: A Quiet Crisis in the Making
Introduction: The Demographic Shift No One’s Talking About While much of Sri Lanka’s national conversation revolves around economic recovery, youth migration, and political instability, a quiet crisis is unfolding in the background, one that could redefine the country’s future: the rapid ageing of its population. As of 2025, over 16% of Sri Lanka’s population is […]
Still Searching for Greener Pastures: Why Sri Lankans Are Continuing to Leave Home
Even as Sri Lanka begins to recover from its worst economic crisis in decades, thousands of Sri Lankans continue to seek opportunities abroad. What’s fueling this persistent wave of migration, and what does it mean for the country’s future? A Nation in Motion In the aftermath of the 2022 economic crisis, the sight of long […]
The Cost of Care: How Sri Lanka’s Ageing Population is Quietly Reshaping the Economy
Introduction Sri Lanka is on the cusp of a demographic transformation. With one of the fastest-ageing populations in South Asia, the nation faces a future where one in four citizens will be over 60 by 2040. While this trend reflects improved life expectancy and healthcare, it also brings a looming socio-economic challenge: the rising cost […]
Hatton National Bank PLC and Nucleus Software Collaborate to Enhance Transaction Banking Experience with FinnAxia®
Sri Lanka- 30th July,2025: HNB PLC, one of Sri Lanka’s leading and most forward-looking financial institutions, has implemented FinnAxia®, the advanced Transaction Banking Suite from Nucleus Software, as part of a strategic initiative to strengthen its leadership in digital banking and meet the growing needs of its corporate and SME clients across Sri Lanka and […]
