Facebook Pixel Development surge in Peninsula India: Lessons for Sri Lanka | Daily FT - newspaper - Lees dit verhaal op Magzter.com

Poging GOUD - Vrij

Development surge in Peninsula India: Lessons for Sri Lanka

Daily FT

|

August 25, 2025

THE Department of Economics at the University of Jaffna (Econ @ JU), located in Thirunelvely, Northern Province, Sri Lanka (https://www.jfn.ac.lk/), is pleased to initiate an academic collaboration with the Madras Institute of Development Studies (MIDS https://mids.ac.in/), and the Madras School of Economics (MSE https://www.mse.ac.in/), Chennai, Tamil Nadu, India. As part of this collaboration, an inaugural Guest Lecture and a Panel Discussion entitled The Development Surge in Peninsula India: Lessons for Sri Lanka are scheduled to be held on 28 August (Thursday) and 29th (Friday), 2025, respectively, at the University of Jaffna.

- By THAVARASA SUJANTHINI, SIVANESAN MarHusua, LOGANATHAN SIHANIKA, SUVEEDDA PIRATHEEPAN, NERWA NarENTHIRAN, Mary DELcIA ANTONY CHRISTIAN, KAMALAKUMARI KARUNANITHY, AND MUTTUKRISHNA SARVANANTHAN

Development surge in Peninsula India: Lessons for Sri Lanka

The main resource person for this inaugural Guest Lecture and Panel Discussion will be Dr. Manimegalai Vijayabaskar from MIDS (https://www.mids.ac.in/baskarv/).! His scholarly credentials can be accessed on Google Scholar at https://scholar.google.com/citations?user=FGEGPjcAAAAJ&hl=en&oi=ao. For the Panel Discussion to be held on Friday 29 August 2025, panellists will be drawn from the Departments of Economics at several universities within the lagging regions and beyond, and from the Faculties of Arts and Management Studies and Commerce at the University of Jaffna.

This event aims to foster academic dialogue and regional economic cooperation between North Central (NCP), Northern (NP), and Eastern Provinces (EP) of Sri Lanka and Southern Indian states, drawing on the successful development trajectory of Tamil Nadu and its relevance to the underperforming provinces in Sri Lanka.

Background and rationale

Historical and archaeological evidence suggests that during the precolonial period, particularly in the Anuradhapura-Polonnaruwa era, the Eastern, North Central, and Northern Provinces of Sri Lanka experienced a period of remarkable economic prosperity, supported by expansive trade networks with southern India and the wider Indian Ocean world (Indrapala, 2013). According to both epigraphic records and historical chronicles, successive Chola invasions disrupted this trajectory, compelling the relocation of political authority from Anuradhapura-Polonnaruwa to the central highlands (Codrington, 1994). This transition facilitated the ascendancy of the Kandyan Kingdom and precipitated a protracted economic decline in these provinces (i.e. EP, NCP, & NP), the structural consequences of which remain discernible to the present day (Spencer, 1990; Gunawardana, 1995).2

MEER VERHALEN VAN Daily FT

Daily FT

Vallibel Finance powers to record-breaking growth

VALLIBEL Finance PLC has continued its strong growth momentum during FY 2025/26, delivering exceptional financial performance and further strengthening its position among Sri Lanka’s top four financial institutions.

time to read

2 mins

June 30, 2026

Daily FT

Daily FT

SL exceeds global WTO trade facilitation average, pushes ‘TFA Plus’ reforms

SRI Lanka has implemented 95.8% of its commitments under the World Trade Organisation (WTO) Trade Facilitation Agreement (TFA), placing it ahead of the global implementation average of 87.6%, with the Government now pursuing a broader package of trade reforms aimed at reducing costs, improving predictability, and strengthening integration into regional and global value chains.

time to read

1 mins

June 30, 2026

Daily FT

Daily FT

Thailand-Sri Lanka Business Forum charts new pathways for trade, investment and regional growth

THE newly enacted Sri Lanka-Thailand Free Trade Agreement (SLTFTA) took centre stage at the Thailand-Sri Lanka Business Forum: Trade, Investment and Beyond, organised by the Royal Thai Embassy in collaboration with the Sri Lanka-Thailand Business Council and the Sri Lanka—Greater Mekong Business Council in Colombo on 18 June 2026.

time to read

4 mins

June 30, 2026

Daily FT

Ravi urges CoPF to summon CBSL, banks over alleged $ 1 b trade fraud

UNP MP and former Finance Minister Ravi Karunanayake has called on Parliament’s Committee on Public Finance (CoPF) to launch an urgent institutional inquiry into the alleged $ 1 billion foreign exchange fraud highlighted by President Anura Kumara Dissanayake, urging the committee to summon senior Central Bank officials, Customs authorities and the chief compliance officers of 13 commercial banks.

time to read

2 mins

June 30, 2026

Daily FT

Home Lands breaks ground on “Central Park Boulevard Port City Colombo”

HOME Lands Group, recently commenced construction of Central Park Boulevard Port City Colombo with a ceremonial groundbreaking held at its construction site in Central Park district, Port City Colombo.

time to read

2 mins

June 30, 2026

Daily FT

Daily FT

Amana Bank acquires ownership of Corporate Office premises from Lee Hedges for Rs. 2.5 b

AMANA Bank PLC has acquired ownership of its Corporate Office premises located at 353 Galle Road, Colombo 3 from Lee Hedges PLC in a deal worth Rs. 2.7 billion.

time to read

1 mins

June 30, 2026

Daily FT

EY Sri Lanka and Maldives announces retirement of Hulangamuwa; Gayathri Manatunga new Country Managing Partner

EY Sri Lanka and the Maldives has announced a leadership transition with the retirement of Duminda Hulangamuwa and the appointment of Gayathri Manatunga as its new Country Managing Partner (CMP), effective 1 July 2026.

time to read

2 mins

June 30, 2026

Daily FT

Daily FT

Colombo Port records strong throughput; ship traffic in first five months

THE Port of Colombo has continued its strong growth trajectory in 2026, reinforcing its position as South Asia’s premier maritime hub and one of the most important transshipment centres in the Indian Ocean region.

time to read

2 mins

June 30, 2026

Daily FT

Daily FT

Perituza engages Sri Lanka's agency sector on practical AI adoption

PERITUZA, a Houston-based technology consultancy specialising in AI, software development and digital transformation, recently brought together leaders from Sri Lanka’s public relations, communications, advertising, marketing and digital sectors for an executive breakfast session focused on the practical application of Artificial Intelligence (AI) within agency environments.

time to read

3 mins

June 30, 2026

Daily FT

Daily FT

Colombo Dockyard enters new growth phase at landmark 43rd AGM

First AGM following majority shareholding by Mazagon Dock Shipbuilders Ltd. (India)

time to read

1 mins

June 30, 2026

Listen

Translate

Share

-
+

Change font size