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Private schooling could ease capacity constraints at Sri Lankan universities
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The Sri Lankan government has made a concerted effort to develop the education sector in recent years, seeing this as fundamental to its overall push to become an upper-middle-income country. This effort includes increased public spending, institutional and curricular reform and expansion, and the redevelopment of the foundations of the education system as a whole. At the same time, the government…

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Legal reforms in Sri Lanka tackle debt management, investment and preservation of local industry
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Significant developments in the legal framework were observed in 2018, following on from a number of important legislative reforms in 2017. However, it is the view of John Wilson Partners that a concerted effort must be made to finalise the reform of the archaic Customs Ordinance. Details of some of the problems arising from this legislation are dealt with in the view point article in this…

Overview

Travel tips for Sri Lanka
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Language Sinhala, or Sinhalese, is the dominant language spoken across the island and among Sri Lanka’s Buddhist Sinhalese majority. It is one of the recognised official languages of the country alongside Tamil, the country’s minority ethnic group. English is commonly spoken within the business community, though this can be a challenge when navigating the streets of Colombo or more rural…

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Telephone directory of helpful public and private entities in Sri Lanka
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STATE AGENCIES Airport & Aviation Services +94 112 264 444 Board of Investment +94 112 434 403/5 Central Bank of Sri Lanka +94 112 477 000 Central Environment Authority + 94 112 872 278 Ceylon Electricity Board +94 112 324 471 Export Development Board +94 112 300 705 Gem & Jewellery Authority +94 112 390 645/8 Information & Communications Technology Agency +94 112 369 100 Inland…

Overview

Hotel accommodation around Sri Lanka
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GALLE FACE HOTEL 2 Galle Road Colombo 3 T: +94 112 541 010 F: +94 112 541 072 www.gallefacehotel.com information@gallefacehotel.net Rooms: 158 rooms and suites. Business & Conference Facilities: Meeting and conference centre featuring seven meeting rooms, two study rooms and two ballrooms. Health & Leisure Facilities: Spa, fitness centre, saltwater pool, library, museum, croquet on the…
Interview

Carl Cruz, Chairman, Unilever Sri Lanka: Interview
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Interview:Carl Cruz How can Sri Lanka reverse the trend of sluggish consumption in the short to medium term? CARL CRUZ: From our end, it is quite clear what needs to be done. The government needs to take steps to revitalise rural areas that have been hit hard in recent years. The past two to three years of inclement weather have had a significant impact on the economy, with the prolonged drought…
Interview

Prabhash Subasinghe, Managing Director, Global Rubber: Interview
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Interview:Prabhash Subasinghe What effect has regional competition had on players in Sri Lanka’s rubber industry? PRABHASH SUBASINGHE: Sri Lanka is faced with significant competition from large economies in the region, such as India, Malaysia and Thailand, which also specialise in the value-added production of rubber products. The automotive tyre industry is valued at $200bn, so it is no…
Interview

Jingtao Bai, Managing Director, China Merchants Port Holdings Company: Interview
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Interview:Jingtao Bai What are the most challenging aspects of serving both large multinationals and local companies? JINGTAO BAI: In terms of balancing between serving large multinationals and local companies, we do not envisage any serious challenges. In fact, the first anchor customer that we are serving in our quest to be an energy hub for the region is a 100% locally owned company. Regarding…
Interview

Mufaddal Jafferjee, Director, Jafferjee Brothers: Interview
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Interview:Mufaddal Jafferjee How can the Sri Lankan tea industry be further integrated into the global tea supply chain while protecting the Ceylon tea brand? MUFADDAL JAFFERJEE: The global tea industry is very fragmented, and the largest brand in the world holds less than 10% market share. Unlike in the electronics industry, for example, the origin of teas used for blends tends to be guided…
Interview

Arun Pathak, Managing Director, WelcomHotels Lanka: Interview
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Interview:Arun Pathak How can attitudes towards vertical living be changed, and to what extent can vertical projects address urbanisation-related challenges? ARUN PATHAK: One of the first things that needs to happen is for local communities to feel comfortable with the space, and look forward to all of the benefits associated with vertical projects. Pressure exists in Sri Lankan society, especially…