Emerging new technologies will impact trade mainly by reducing the cost of trading. These advances can cut transport and logistics costs, by optimising route planning through the use of GPS and autonomous driving capabilities, with AI applications. To leverage the benefits, while minimising the costs associated with technological disruptions, governments need to manage the structural changes brought on by technological advancements successfully. In this blog, Janaka Wijayasiri discusses what policies developing countries, including Sri Lanka, should adopt to take advantage of these transformations.
Out of the six million families living in Sri Lanka, only 5.2 million have some form of housing. Though steps have been taken to develop the housing sector in the country, such as the formulation of the National Housing Policy, there are issues that warrant attention. This blog aims to inquire into the pressing needs of the sector and discuss whether the 2019 Budget proposals passed by Parliament provide solutions to these problems.
Special Article Marking World Water Day (22nd March), by Chatura Rodrigo and Athula Senaratne* Water and energy are linked with an eternal bond. Many countries blessed with rivers and waterfalls have harnessed their inherent kinetic energy through hydro-electricity in fulfilling …
An e-book of the ‘Sri Lanka: State of the Economy 2012’ containing summary information and visuals of the 7 key chapters is now available for free download. This e-book also contains links to a video presentation of the main highlights of the report.
The country currently has around 14,800 hotel rooms. The SLTDA estimates that to cater to a growing tourism sector, an additional 40,000 rooms need to be built. Thousands of rooms in the East alone are to be built. With such goals for greater occupancy capacities, the pressures on the transport link from Colombo to the East become tighter. The key question then is , will the transport infrastructure grow in line with this boom in tourism that post-war Sri Lanka intends to achieve?