At least 153 people have been killed in Sri Lanka after landslides and flooding triggered by Cyclone Ditwah, officials said Saturday, with 191 others missing and more than half a million affected across the country.
South Asia could add millions of jobs by integrating more deeply into global value chains, according to the World Bank. Greater participation would attract foreign direct investment, increase competition, and raise productivity.
Following its 2022 economic collapse, Sri Lanka is focusing on private-sector job creation to rebuild livelihoods. With World Bank support, the government has introduced reforms to boost competitiveness and attract investment. The goal is to shift from state-dominated sectors to dynamic industries such as tourism, manufacturing, and services. Officials say restoring investor confidence and ensuring […]
OpenAI has added Sri Lanka to its list of Asian countries gaining access to ChatGPT Go, its low-cost subscription plan aimed at widening the use of artificial intelligence. The plan costs about $4.50 a month in nearby markets and includes features such as image generation and advanced data analysis using GPT-5. OpenAI said adoption of […]
With 530 H-1B approvals in FY2024, Sri Lanka’s share of U.S. high-skilled migration is small but growing. Most Sri Lankans entering on H-1B visas are in IT or academic fields. The new $100,000 fee could disproportionately impact Sri Lankan applicants, given the country’s relatively lower volume and lack of corporate representation in the U.S. The […]
South Asia is emerging as one of the most vulnerable regions to freshwater depletion, with new satellite data showing steep losses across its major river basins. The Indus and Ganges-Brahmaputra systems, which sustain hundreds of millions of people in Pakistan, India, Nepal and Bangladesh, are experiencing some of the fastest rates of water decline in […]
India once held a commanding presence in South Asia: economically, politically and culturally. But in recent years, it has watched its influence erode across the region. From Bangladesh and Nepal to the Maldives and Sri Lanka, the neighborhood is tilting steadily toward China. In response, India must act decisively and strategically. It must stop taking […]
