Archive for June 10th, 2026

Port City: A Centre of Excellence, Not Just a City of Apartments

Wednesday, June 10th, 2026

Dr Sarath Obeysekera Star-studded launch planned for Home Lands’ Port City project valued at US$300 million The announcement of a US$300 million luxury residential development in Colombo Port City has generated considerable interest. While such investments are welcome, Sri Lanka must ask a fundamental question: Is Port City merely going to be a collection of […]

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Plugging the Foreign Exchange Leak: Can Sri Lanka Protect Its Reserves Without Closing the Economy?”

Wednesday, June 10th, 2026

Dr Sarath Obeysekera Many economists in Sri Lanka have debated for years. In an open economy, foreign exchange can leave the country not only through legitimate imports but also through over-invoicing, transfer pricing, unnecessary imports, and disguised capital flight. However, the challenge is to control outflows without discouraging genuine business activity. Some possible measures are: […]

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Proposal to develop Trincomalee  Harbour as a construction as a Repair Yard for Marine and Offshore Industry

Wednesday, June 10th, 2026

Dr Sarath Obeysekera General Port of Trincomalee commands a large, natural and a wide body of sheltered water in Sri Lanka. The Port of Trincomalee could be developed to play a major role in this unique economic region considering its locational advantage, deep water port facilities, large hinterland for establishing industries and   accompanied with quick land […]

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