Demographics of Sri Lanka

Sri Lanka: why the country’s wait for elections must end

Retrieved on: 
Friday, February 16, 2024

Soaring prices, shortages of essential goods and crippling external debts have sparked widespread protests across the country in recent years.

Key Points: 
  • Soaring prices, shortages of essential goods and crippling external debts have sparked widespread protests across the country in recent years.
  • In 2022, enraged demonstrators even stormed the residence of the then president, Gotabaya Rajapaksa, forcing him to flee the country and resign.
  • Five elections will take place in South Asian countries this year, and most will likely return incumbent parties to power.

Unpopular candidate

  • Wickremesinghe, who has already been Sri Lankan prime minister five times, is widely tipped to run for presidency.
  • But he faces vast criticism on the grounds that he came to power without being elected by the people.
  • He won a parliamentary vote to replace Rajapaksa but has no popular mandate.
  • More than 17% of Sri Lankans are suffering from food insecurity and are in need of humanitarian assistance.

How not to hold elections

  • Local government elections were initially scheduled for March 9 2023, but they were repeatedly postponed due to a shortage of funds.
  • Shortly afterwards, the election commission postponed the elections indefinitely, defying a Supreme Court order.
  • So, when the announcement that elections would be held was finally made, it was unsurprisingly received with apprehension by the electorate.
  • Created to provide protection against online harassment, abuse and fraud, this highly repressive law could threaten the right to freedom of expression that is crucial for free and fair elections.

The elusive winds of change

  • So who are Wickremesinghe and his allies afraid of?
  • Informal surveys reveal the rising popularity of Anura Kumara Dissanayake, the leader of the leftist National People’s Power alliance.
  • Wickremesinghe originally claimed that elections would be held when Sri Lanka had achieved greater stability.


Thiruni Kelegama does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

Alipay+ partners LankaPay to enhance digital travel experience to and from Sri Lanka

Retrieved on: 
Monday, October 23, 2023

Alipay+ recently signed an MoU with Sri Lanka’s National Payment Network – LankaPay towards enhancing inbound and outbound travel experience through cross-border digital payments, enabling users of Alipay+ payment partners to make payments seamlessly at over 400,000 LankaQR merchants across Sri Lanka.

Key Points: 
  • Alipay+ recently signed an MoU with Sri Lanka’s National Payment Network – LankaPay towards enhancing inbound and outbound travel experience through cross-border digital payments, enabling users of Alipay+ payment partners to make payments seamlessly at over 400,000 LankaQR merchants across Sri Lanka.
  • LankaQR is a project initiated by the Central Bank of Sri Lanka to ensure all QR codes and QR based transactions in Sri Lanka are standardized and interoperable.
  • Introduced in 2020, LankaQR network is managed and operated by LankaPay, the operator of Sri Lanka’s National Payment Network.
  • As global travel recovers, we’ve noticed a shift in travel preferences, including travellers’ heightened expectations of how digital solutions should enhance their travel experience and greater interest in visiting previously less-explored destinations.

JCB partnered with Lanka Pay and Commercial Bank of Ceylon to launch LankaPay-JCB cards in Sri Lanka

Retrieved on: 
Tuesday, April 4, 2023

TOKYO & COLOMBO, Apr 4, 2023 - (JCN Newswire) - JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., Japan's only international payment brand partnered with Lanka Pay (Private) Limited (Lanka Pay) and Commercial Bank of Ceylon (Commercial Bank) announced the launch of LankaPay-JCB credit cards in Sri Lanka.

Key Points: 
  • TOKYO & COLOMBO, Apr 4, 2023 - (JCN Newswire) - JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., Japan's only international payment brand partnered with Lanka Pay (Private) Limited (Lanka Pay) and Commercial Bank of Ceylon (Commercial Bank) announced the launch of LankaPay-JCB credit cards in Sri Lanka.
  • This is the first launch of LankaPay Credit Cards in Sri Lanka and the first time five variants of LankaPay cards -- three credit cards and two debit -- cards were launched by a Sri Lankan Bank.
  • LankaPay cards issued in Sri Lanka by Commercial Bank will feature dual interface functionality, enabling both contact and contactless transactions at point-of-sale terminals connected to the LankaPay payment network.
  • Commercial Bank has been associated with JCB for several years and was one of the first banks in Sri Lanka to acquire both LankaPay Cards and JCB cards under the National Card Scheme.

U. Michigan Professor Jason Mars Partners with University of Moratuwa in Sri Lanka to Teach Students Generative AI

Retrieved on: 
Wednesday, March 22, 2023

ANN ARBOR, Mich., March 22, 2023 /PRNewswire/ -- University of Moratuwa today announced a partnership with Dr. Jason Mars, professor of computer science at University of Michigan and founder of Jaseci Labs, a leading end-to-end open-source technology company for bleeding edge AI. This partnership will provide the latest in AI education to Sri Lankan students marking Mars' latest outreach efforts to bring AI literacy and education to students around the world.

Key Points: 
  • This partnership will provide the latest in AI education to Sri Lankan students marking Mars' latest outreach efforts to bring AI literacy and education to students around the world.
  • The eight-week program will teach students how to build sophisticated AI tools on their own in an effort to democratize innovation and bring advancements in AI to the larger world.
  • The partnership with the University of Moratuwa Sri Lanka, widely known as the Stanford of Sri Lanka, comes at a time when the region is experiencing an explosion in its native technology sector.
  • Dr. Jason Mars, CEO and Founder of Jaseci Labs, also recently attended the AI Guest Lecture Series Inauguration Ceremony at the University of Moratuwa.

Salesian Missions works with Rise Against Hunger to help address severe food shortages in Sri Lanka

Retrieved on: 
Friday, February 3, 2023

NEW ROCHELLE, N.Y., Feb. 3, 2023 /PRNewswire-PRWeb/ -- Don Bosco Development Center in Dungalpitiya, a municipality in the city of Negombo, Sri Lanka, received 2,640 boxes of rice-meals for distribution thanks to a partnership between Salesian Missions, the U.S. development arm of the Salesians of Don Bosco, and Rise Against Hunger, an international relief organization that provides food and life-changing aid to the world's most vulnerable. More than 6,000 people in Salesian centers and local communities were impacted by this donation.

Key Points: 
  • Sri Lanka is currently facing a food shortage due to two consecutive seasons of poor harvests.
  • "We are happy to work with our partner Rise Against Hunger to send rice-meals to help address these severe food shortages," said Father Timothy Ploch, interim director of Salesian Missions.
  • Sri Lanka has suffered a long civil war that ended in 2009, two tsunamis in the past 13 years, and a deadly dengue crisis.
  • Nine out of 10 poor people in Sri Lanka live in rural areas, according to the World Bank.

RemitBee Helping Fund Entrepreneurs One Startup at a Time

Retrieved on: 
Wednesday, April 13, 2022

The Financial Empowerment Fund was established to support entrepreneurs and fintech startups that are financially empowering people through their products or services.

Key Points: 
  • The Financial Empowerment Fund was established to support entrepreneurs and fintech startups that are financially empowering people through their products or services.
  • Through the investment fund, RemitBee seeks to improve upon insufficient access to resources, financial exclusivity and lack of tech infrastructure found across the globe.
  • Startup companies can apply for an investment through the Financial Empowerment Fund directly on the RemitBee website .
  • For more information on RemitBee and the Financial Empowerment Fund, visit https://www.remitbee.com/venture-capital

RemitBee Helping Fund Entrepreneurs One Startup at a Time

Retrieved on: 
Wednesday, April 13, 2022

The Financial Empowerment Fund was established to support entrepreneurs and fintech startups that are financially empowering people through their products or services.

Key Points: 
  • The Financial Empowerment Fund was established to support entrepreneurs and fintech startups that are financially empowering people through their products or services.
  • Through the investment fund, RemitBee seeks to improve upon insufficient access to resources, financial exclusivity and lack of tech infrastructure found across the globe.
  • Startup companies can apply for an investment through the Financial Empowerment Fund directly on the RemitBee website .
  • For more information on RemitBee and the Financial Empowerment Fund, visit https://www.remitbee.com/venture-capital