Private Sector Development

Budget 2011: Preliminary Observations on Changes to Telecommunications Sector Taxes

> IPS research staff held an in-house discussion last week on the various proposals forwarded by the Budget 2011. This is the second in a series of posts containing some preliminary observations of the IPS researchers, and discusses the proposed …

Access to Credit: Critical Issue for Conflict-Affected Enterprises

By Anushka Wijesinha, Research Officer – IPS The IPS is collaborating with The Asia Foundation on their Local Economic Governance (LEG) project. This blog post captures some initial insights emerging from the ongoing field work. After being shackled by the …

The Beginning of the End of Cheap Labour for Sri Lanka’s Manufacturing Rivals?

By Anushka Wijesinha, Research Officer – IPS Labour pains have blighted Chinese and Bangladeshi manufacturing in the past month, leading to questions arising on the sustainability of their economies’ low-cost labour status. In the Bangladeshi capital Dhaka, over 15,000 garment …

Regulation of Microfinance Institutions: Is Sri Lanka Ready?

Regulation of microfinance has become a hot topic internationally in recent years, particularly NGO microfinance. In Sri Lanka too regulation of microfinance institutions (MFIs) has become a significant policy issue. A Microfinance Institutions Act was drafted by the Central Bank of Sri Lanka (CBSL) with the consultation of different stakeholders, but is yet to become law. There is no questioning the importance of regulation and supervision for a healthy microfinance sector, which supports the delivery of financial services to the poor in a sustainable manner. But the question is whether the country is prepared to implement the desired level of regulation of microfinance

Private enterprise growth in the regions: What is slowing it down?

The key question remains, in the short to medium term, will investments come from big businesses in the Western Province and abroad, or will it be mainly from sources within the regions themselves? Due to years of slow growth, regional enterprises do not have sufficient ploughed back capital available to expand into larger operations, especially in post-conflict areas and lagging regions