Google Pay in Sri Lanka! What It Means for Everyday Sri Lankans?

Google Pay in Sri Lanka! What It Means for Everyday Sri Lankans?

Sri Lanka’s financial landscape has taken a historic step forward. Commercial Bank of Ceylon, in partnership with Visa, has introduced Google Pay for its Visa debit and credit cardholders. For the first time, Sri Lankans can add their cards to Google Wallet and make secure, tokenised payments across contactless NFC terminals, mobile apps, and online […]

Is the New Bank Policy on Pledged Land Choking SMEs?

Is the New Bank Policy on Pledged Land Choking SMEs?

Small and medium enterprises form the backbone of Sri Lanka’s economy. They account for more than 75% of all businesses and contribute significantly to employment, regional development, and post-crisis recovery. Yet, as the country struggles to regain economic stability, a new challenge is emerging one that is rarely discussed but deeply consequential. Banks have tightened […]

Sri Lanka’s Railway Delays: Why the System Is Slowing Down and What Must Change

Sri Lanka’s Railway Delays: Why the System Is Slowing Down and What Must Change

Sri Lanka’s railway network, once a proud symbol of affordable connectivity and scenic travel, is now increasingly defined by delays, derailments, and disrepair. A recent audit revealed that nearly half of all train journeys in 2024 were delayed, with over 5,000 cancellations and 660 derailments recorded between 2020 and 2024. For passengers across the country, […]

Sri Lanka’s Plastic Bag Levy: A Promising Start to Curbing Single-Use Waste

Sri Lanka's Plastic Bag Levy: A Promising Start to Curbing Single-Use Waste

In a nation long plagued by the scourge of plastic pollution where beaches once pristine are now littered with discarded “sili-sili” bags Sri Lanka has taken a decisive step forward. Effective November 1, 2025, the government has banned the free distribution of plastic shopping bags in retail outlets, introducing a modest levy to discourage their […]

Sri Lanka’s Lifeline Abroad: Rethinking Migration and Remittance Policy

Sri Lanka’s Lifeline Abroad: Rethinking Migration and Remittance Policy

For decades the outflow of Sri Lankan workers and the inflow of their remittances have been crucial to the country’s external stability. Today this reality merits a deeper policy overhaul: the flows are large, evolving, and carry both economic benefits and social costs. The Economic Importance Workers’ remittances into Sri Lanka remain a major source […]

Sri Lanka’s Economic Crossroads: Resetting the Trajectory

Sri Lanka’s Economic Crossroads: Resetting the Trajectory

After one of the deepest economic crises in its post-independence history, Sri Lanka is now entering a fragile phase of recovery. Inflation has cooled, foreign reserves have stabilised, and GDP growth has returned to positive territory. But beneath the surface, structural vulnerabilities remain. The question is no longer whether the country has survived the worst […]

Port City Colombo Now: Rules Tightened, Utilities Live, Proof Point is Speed

Sri Lanka Housing Affordability Crisis 2026: Why Colombo Has Become One of the World’s Most Unaffordable Cities

Port City Colombo is closer to “investment-ready” than at any time since 2021. The rulebook has been clarified, phase-one utilities are complete, and Cabinet has green-lit amendments to sharpen the regime. The next question is simple: can the zone deliver fast, predictable approvals and real operating tenants over the next 12 months? Governance: same backbone, […]