AmCham Sri Lanka TRADESHIFT
A Sector Study Report ( March 2021)
The TRADESHIFTS Sectoral Study Report is a summarization of the analysis and findings of 5 sectoral study groups consisting of 15 different industries/sectors identified as high-potential for attracting business from the current & future shifts in the global supply chain.
AmCham SL TRADESHIFTS is aimed at identifying and studying opportunities for Sri Lankan businesses through current and future shifts in supply chain strategies across the short- and medium-term, and identifying the drivers of such shifts as well as identifying the opportunities and barriers for Sri Lankan businesses to engage in these opportunities.
TRADESHIFTS is an ongoing private sector initiative, led by AmCham Sri Lanka.
Sri Lanka Economic Outlook 2021
By Deshan Gonawela & Mariyam Zeenath Musafer
The Sri Lankan economy which experienced below potential growth in recent years encounter unprecedented challenges amidst the outbreak of Covid – 19 globally. Given the impact of the pandemic, the primary economic policies revolve around guaranteeing sustenance of existing businesses and ensuring liquidity availability moratoriums to minimize financial liabilities that were to be incurred by businesses and offering facilities to encourage foreign remittances amidst risk of foreign exchange short falls. In terms of trade the government took steps to……
Intellectual Property Rights
By Revan Weerasinghe
For the longest time innovation and R&D have been considered a luxury to be performed only at times when there is a profit in the company. There is also a misconception that innovation and R&D is exorbitantly expensive and is outside the preview of smaller companies. This is an absolute misconception and limiting belief that results in poorer states remaining poor and more developed states widening the gap on poorer and developing countries. The same may be said about companies big and small. The actual problem is the limiting belief that…….
Re-Inventing Business to Survive the Storm – The Basic Blue Print of an Innovative Company
By Revan Weerasinghe
In the midst of both Covid 19 and a severe economic downturn the country also has to face an age-old problem that is coming to fruition. That is the problem of being relevant in an ever changing, extremely competitive global market place. For the longest time Sri Lanka has been an exporter of tea, rubber, coconut, spices, textiles and precious stones. Whilst Sri Lanka has excelled and gained a reputation internationally for excellence in these areas, these products are increasingly becoming out-priced in the global market place as countries like………
Contracts & Compliance
By Kuvera de Zoysa PC
Although the economic fallout following a global crisis is itself “global”, the relief available to a contracting party depends mainly on the law governing the contract. The main concern of any party to a contract in current times is……
COVID 19 Global Economic Fallout and Country Measures
By Ms Anushka Wijesingha
Disruptions to supply chains, demand, international trade flows, and travel, along with lockdowns and collapsing stock prices, resulting from the coronavirus disease 2019 (COVID-19) have dealt a heavy blow to the global economy…..
Examination of Locus Standi of the EFC Tripartite
By Mr. A. Rohan Dunuwille & Mr. Rhadeena de Alwis
Is the ‘Agreement’ between the Minister of Labor, The Employers’ Federation of Ceylon and other Unions valid in Law?…..
Hacking isn’t canceled nor are Hackers in lockdown
By Mr. Sujit Christy
As users tackling the new-normal, relies on their home broadband networks or mobile connectivity for official interactions, have prompted a surge in cyberattacks including phishing scams and spam over the past three weeks as the hackers have realized…..
Loan Guarantees – An Idea to Explore
By Mr. Ravi Ratnasabapathy
Engaging in the new-normal pondering on how to proceed on prioritizing ‘Rescuing & Preserving the productive capacity’ of the economy…..
Pay cuts, Lay-off and Furloughs – A Sri Lankan Legal Perspective
By Mr. Rohan A. Dunuwille
In Sri Lanka, unlike most countries, the Employment Laws are stringent and designed to protect the interests of the employees as well as the employers and are governed by a series of Statues and Regulations. Employers in Sri Lanka, ranging from manufacturing to hospitality, import – export…………
EWMI & AmCham SL Report on the Public Perceptions of Bribery & Corruption in Sri Lanka (2020)
A study conducted by Verité Research was motivated by the recognition that understanding the public’s perception of corruption, as well as their confidence in the institutions that are available to combat corruption, are essential to developing effective anti-corruption strategies…..
Artificial Intelligence & Automation in a post pandemic world
By Dr. Romesh Ranawana
The economic realities of a post pandemic world will most likely lead to a more concerted effort to utilize these recent technological advancements to solve some of the pressing problems faced by these organizations. Overall, industries will look at what they can do to mitigate the impact……