Sri Lanka’s retail sector has evolved into a powerful driver of growth and opportunity. Over the last decade, fast-paced urbanisation has enticed significant investment in commercial real estate. As such, modern outlets are gradually replacing small informal merchants. While traditional vendors still play an important role in the market,...
Sri Lanka is regarded as one of the best locations for clothing manufacturing in the Asia-Pacific region, driven by its proximity to major textile importing countries and the availability of cheap labour. The clothing industry also has a substantial presence, accounting for 30% of total employment within the manufacturing segment, and over one...
The global economy is entering the Fourth Industrial Revolution (4IR), or Industry 4.0, based on the application of new digital and automated technologies in production processes and service delivery. These changes are bringing emerging markets improved productivity, as well as risks – namely, reshoring and the displacement of human labour by...
Industrial exports have long played a crucial role in Sri Lanka’s economic output, even during periods of civil strife and macroeconomic instability. Over the years, an emphasis on export orientation has led to greater productivity and employment generation. However, a new wave of instability – characterised by political uncertainty, currency...
Located in one of the driest parts of the planet and with demand for water growing at nearly 9.5% annually, Abu Dhabi’s water supply is a hugely important economic, social and security consideration. The Abu Dhabi government is therefore bringing in international partners to help meet the emirate’s demands.
The Barakah Nuclear Energy Plant, which is being built by the Emirates Nuclear Energy Corporation (ENEC) 50 km from Ruwais, has four reactors totalling an installed capacity of 5600 MW, and is set to change the face of Abu Dhabi’s power generation.
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