Deepfakes Crisis on X: UK Threatens Ban Amid Global Outcry Over AI-Generated Misuse in 2026
In January 2026, deepfake technology has sparked international outrage, with the UK government openly considering a ban on the X platform (formerly Twitter) due to its AI tool Grok enabling widespread creation of non-consensual explicit images. This controversy, involving deepfakes of women, celebrities, and disturbingly children, has led to threats of blocking access in the […]
Sri Lanka’s Digital Economy in 2026: Building Public Trust Amid Rapid Growth and Everyday Risks
As Sri Lanka embraces a digital economy in 2026, ordinary citizens are increasingly relying on mobile wallets, QR payments, online banking, and platform-based commerce for daily transactions. These tools offer convenience, from quick transfers to cashless shopping, but they also expose people to new vulnerabilities. Recent discussions at the 2nd National Data Protection Symposium highlight […]
Electricity Tariff Revision Proposal for Q1 2026: Potential Effects on Household Finances and Energy Use in Sri Lanka
Sri Lanka’s electricity sector enters 2026 with a proposed tariff adjustment from the Ceylon Electricity Board (CEB), submitted to the Public Utilities Commission of Sri Lanka (PUCSL) on December 24, 2025. The proposal outlines an overall 11.57% increase to address a projected revenue deficit of Rs. 13,094 million for January to March 2026. Based on […]
Gold Prices in Sri Lanka on December 23, 2025: Latest Rates Amid Global Record Rally
As of December 23, 2025, gold prices in Sri Lanka remain elevated, reflecting the ongoing global surge that has pushed the precious metal to unprecedented highs. According to reliable local sources like IdeaBeam, today’s gold rates show significant levels for both investment and jewelry purposes. This comes as international spot gold trades around $4,400+ per […]
World Bank’s $120 Million Emergency Support: What It Means for Sri Lanka’s Recovery and Public Confidence
A Timely Lifeline for a Country in Crisis On December 15, 2025, the World Bank confirmed up to USD $120 million in emergency support to Sri Lanka, repurposed from ongoing projects. This announcement comes in direct response to the Government’s request following Cyclone Ditwah, the worst natural disaster to hit the country in two decades. […]
Rebuilding After the Cyclone: Why Recovery Must Start With People, Not Projects
When a cyclone tears through a country, the immediate images are always the same; fallen trees, flooded homes, damaged roads, boats pushed inland, families sheltering in schools. But long after the water recedes and the news cycle shifts, the real recovery quietly begins in kitchens, shops, fields, classrooms, and tea stalls. It is a slow, […]
The Growing Gap Between Interest Rates and Real Consumer Income! Is Sri Lanka Heading Toward a Demand Crisis?
Sri Lanka’s post-crisis stabilisation has relied heavily on monetary tightening, fiscal consolidation, and structural reforms. While these measures have helped restore macroeconomic stability, they have also created a widening disconnect between interest rates and real disposable income a gap that is now shaping consumer behaviour, business performance, and long-term growth prospects. The central question is […]
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 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 […]
Proposed CEB Tariff Hike: Smart Reform or Unnecessary Shock?
Sri Lanka’s electricity pricing debate heats up again. Here’s what the 6.8% proposal means for households, the grid, and the economy. In October 2025, the Ceylon Electricity Board (CEB) proposed a 6.8% increase in electricity tariffs for the final quarter of the year, citing rising operational costs, debt burdens, and the need for cost-reflective pricing. […]