Reimagining Sri Lanka’s Tourism Strategy: A Path to Sustainable Growth
Sri Lanka’s Tourism Strategy | Sri Lanka, the pearl of the Indian Ocean, has long captivated travelers with its lush landscapes, rich culture, and warm hospitality. Yet, the tourism sector, once a pillar of the economy has faced significant setbacks in recent years due to political instability, economic crises, and global disruptions like the COVID-19 […]
Pine Labs Limited’s Credit+ platform powers a secure and scalable multi-currency prepaid forex instrument for Bank of Ceylon
Sri Lanka, September 29, 2025 – Global fintech platform, Pine Labs Limited today announced its partnership with Bank of Ceylon in Sri Lanka. This banking-fintech partnership will enable the bank to issue and manage prepaid multi-currency travel cards to its customers. Powered by Pine Labs Limited’s Credit+ platform, the card issuance technology for the bank […]
Regulating Microfinance: Sri Lanka’s Next Step in Social and Economic Reform
Sri Lanka’s Cabinet has approved the publication of a Draft Microfinance and Credit Regulation Bill, a move aimed at reshaping how small loans and informal credit are offered to low-income communities. At first glance this is another financial-sector reform. In reality it touches the heart of the country’s rural economy, women’s empowerment, and poverty-reduction strategy. […]
What is the Impact of UN Environmental Sessions on Sri Lanka?
Global Environmental Sessions and Their Reach UN environmental sessions such as the UN Environment Assembly (UNEA), the annual Climate Change Conferences (COP), and the negotiations for the High Seas Biodiversity Treaty are where global environmental standards are set. These forums do not merely produce statements; they create frameworks that shape national policy, financing flows and […]
Rightsizing the Public Sector: World Bank’s Roadmap for Sri Lanka
Sri Lanka’s fiscal crisis has forced a difficult debate: how to balance essential public services with the need to cut spending and stabilise debt. In its Public Finance Review 2025, the World Bank urges the government to “trim” the public sector, not through sudden layoffs, but through a careful process of rightsizing and efficiency reforms. […]
Sri Lanka Bolsters Anti-Corruption Arsenal with World Bank Backing
World Bank is backing Sri Lanka’s Commission to Investigate Allegations of Bribery or Corruption (CIABOC). Sri Lanka has taken a decisive step forward in combating corruption. Justice Neil Iddawala, Chairman of CIABOC, held high-level talks with World Bank representatives at the UN Secretariat in Vienna. The meeting occurred during the Second Resumed Sixteenth Session of the […]
Decentralisation vs. Centralisation: Sri Lanka’s Ongoing Debate on Devolution
Decentralisation vs. Centralisation: Sri Lanka’s Ongoing Debate on Devolution | The balance between central power and local autonomy has shaped Sri Lanka’s politics for decades. From the establishment of Provincial Councils under the 13th Amendment in 1987 to today’s renewed debates on governance reform, questions remain: should Sri Lanka strengthen decentralisation, or return to a […]
Sri Lanka: Strategic Location as a Shipping Hub and the Development of Hambantota and Colombo Ports
Sri Lanka’s geographical position in the Indian Ocean has long been recognized for its strategic location importance in global maritime trade. Nestled along the East-West shipping route, the island nation serves as a critical nexus point, bridging major economies in Asia, the Middle East, and beyond. This advantageous location has propelled Sri Lanka into the […]