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Extraordinary protection continues for tiles and lubricant manufacturers

The 2016 budget will not open the tile and sanitary ware market, nor will it liberalise the lubricants market contrary to popular belief that Finance Minister Ravi Karunanayake had proposed to open...

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Sri Lanka’s dilemma: open economy, closed minds

Each time I see a finance minister struggling to deliver an annual budget speech, I remember Ronnie de Mel. President J R Jayewardene’s Finance Minister from 1977 to 1988 was one of the most colourful...

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Reviving Sri Lanka’s exports and attracting FDI to the export sector

Sri Lanka’s export performance since 2000 has been dismal. As a percentage of GDP, exports have fallen steadily from a high of 33.3% to about 12.7% of GDP in 2016, a level last seen during the...

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Duminda Ariyasinghe

What do you consider your greatest achievement? Being a regular blood donor for 20+ years What is your greatest regret? Losing my father before he saw me progress in my career On what occasion do you...

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Thilan’s Reinvention as an Entrepreneur

Entrepreneurship isn’t for wimps or the indolent. Even during the most optimistic of economic climates, like Sri Lanka is now generally thought to be experiencing, entrepreneurs face remarkable...

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