West Enables China’s Suffocating Embrace of the Sri Lankan Economy

West Enables China’s Suffocating Embrace of the Sri Lankan EconomyWith Sri Lanka still emerging from the ruins of a 26 year civil war that ended in 2009, the government in Colombo is once again turning to China as the only option at its disposal to modernize the economy by introducing sweeping infrastructural development projects. The story of the Sri Lankan capital’s hopes to transform…

Breaking Sri Lanka’s Economic Gridlock

Breaking Sri Lanka’s Economic GridlockThe Sri Lankan economy appears to exist in a system that can evolve only through crisis. Optimistic policymakers, predicting that the country’s economic trajectory would self-correct, received a collective wake-up call in February with a sovereign rating downgrade by Fitch, even as the country made a formal approach to the IMF for a bailout package. Despite growing signs…

Sri Lanka Rejoining the World

The government of Mahinda Rajapaksa in Sri Lanka has probably botched its dealings with the United States, the European Union and the United Nations. Still, the disenchantment with Colombo may be overblown three years after the end of the 26-year civil war, which ended in 2009. While major countries and agencies continue to wag their…

Sri Lanka’s Top Media Jobs Still Elude Women

In post-colonial Sri Lanka, women have reached the top in medicine, engineering, banking and business. But while this encouraging trend has spread to family-owned business houses and even small-scale enterprises in the rural areas, the one profession where women have yet to enjoy that kind of equality and success is the media. The numbers of…

Sri Lanka Drills for Oil

Sri Lanka, battered by four decades of Tamil separatist violence that ended a year ago, appears finally able to begin to exploit its sizable domestic oil and gas sources and reduce its crippling dependence on imports.   In one of the latest moves, Cairn Lanka, a subsidiary of the Edinburg-based Cairn Energy PLC, will begin…