Via East Asia Forum, an article on Sri Lanka’s economic challenges: The unprecedented disruptions of COVID-19 are causing a geopolitical reset — and as the global order is redrawn, small emerging market economies like Sri Lanka are vulnerable to the fallout. Sri Lanka straddles vital shipping routes and is at the centre of diplomatic spats between China […]
Read more »Via East Asia Forum, a look at how foreign investments in Sri Lanka are made within the tapestry of regional and global power rivalries: When it comes to Sri Lanka’s national security and sovereignty, nothing seems more guaranteed to generate heated discussion than the spectre of foreign involvement in seaport developments. After years of wrangling, […]
Read more »Via The Wall Street Journal, a report on the devastating impact the recent bombings could have upon foreign direct investment, trade, and tourism in Sri Lanka: The aftershocks of Sri Lanka’s deadly Easter bombings could damage its fragile economy for years by sapping it of dollars and confidence just when the island nation needs them most. […]
Read more »Via Bloomberg, commentary on CCCC, Belt and Road’s biggest builder, which is besieged by allegations of fraud, corruption, and environmental damage: Christopher Fernando knows the price of rapacious development. It has eaten his kitchen. Only the sink remains along what was once an outer wall of Fernando’s seafront home on the west coast of Sri Lanka, about […]
Read more »Via Investment Week, a look at Bangladesh, Sri Lanka, and Vietnam: The consumer boom in Asia shows no sign of slowing down. With more than half the world’s population, and home to over half of the world’s ten fastest growing major economies, Asia enjoys growth that the West can only dream of. And it is […]
Read more »Via the Nikkei Asian Review, an interesting look at the progress of China’s BRI initiative: The idea of transforming the ancient fishing village of Gwadar into a bustling port city has been around since at least 1954, when Pakistan commissioned the U.S. Geological Survey to examine its coastline. Their conclusion: Gwadar, which sits on the […]
Read more »