Denemek ALTIN - Özgür

Sri Lanka's rapid ageing: Challenge and opportunity

Daily FT

|

July 08, 2025

RETURNING to Sri Lanka after 17 years in June 2025, I was struck by how much has changed and by one reality that must not be ignored: Sri Lanka is ageing faster than most countries in the world.

- By Cherian Mathews

Sri Lanka's rapid ageing: Challenge and opportunity

In 2005, I lived and worked here during the aftermath of the tsunami. The country's focus at the time was on rebuilding homes and communities. Today, the transformation is demographic. Around 14% of people in Sri Lanka are now aged 60 or over, and by 2041, that will rise to one quarter of the population. This pace of change is outstripping global trends and presents both serious challenges and enormous opportunities.

Ageing: A global and local turning point

Sri Lanka's experience mirrors a broader global phenomenon. By 2030, there will be 1.4 billion people aged 60 and over worldwide, with 80% living in lowerand middle-income countries like Sri Lanka. Yet despite these numbers, ageing remains too low on national and global agendas.

There is a clear economic and social case for urgent action. Societies that fail to adapt will face growing health and care costs, rising inequality, as millions of older people struggle without the support they need. They also risk missing out on the enormous potential and productivity that older people offer.

Grassroots solutions making a difference

During my visit, I was inspired to see how HelpAge Sri Lanka is leading the way with community-driven solutions that are changing lives, putting principles into practice through community-led, innovative programs.

One shining example is the HelpAge Eye Care Program. Their Eye Hospital and mobile clinics described to me as the 'jewel in the crown' of their work-support older people struggling with their vision.

Daily FT'den DAHA FAZLA HİKAYE

Daily FT

Daily FT

Expolanka Leisure secures dual triumph at World Travel Awards 2025

EXPOLANKA Leisure has become one of the first Sri Lankan companies to secure top honours in both Inbound and Outbound Travel categories at the World Travel Awards 2025.

time to read

1 min

October 15, 2025

Daily FT

Daily FT

AI-CRM leader Salesforce kicks off Dreamforce 2025

Three-day event in San Francisco to unveil latest ground-breaking innovation, bold ideas, visionary inspiration for digital transformation

time to read

2 mins

October 15, 2025

Daily FT

Daily FT

Dilmah strengthens Sri Lanka's water and ocean stewardship

Dilmah invited to be Patron of UN Global Compact Network Sri Lanka's Water And Ocean Stewardship Working Group

time to read

5 mins

October 15, 2025

Daily FT

Rs. 1.45 b project to upgrade Kolonnawa fuel filling facilities

CABINET Spokesman and Minister Dr. Nalinda Jayatissa yesterday said the Cabinet has approved a proposal by the Power and Energy Minister to begin procurement for a Rs. 1.45 billion project to modernise fuel filling facilities at Zone 7 of the Kolonnawa Terminal operated by Ceylon Petroleum Storage Terminals Ltd., (CPSTL).

time to read

1 min

October 15, 2025

Daily FT

Cabinet approves sale of foreign currency Bonds in local market

THE Cabinet has approved the issuance of foreign currency-denominated Bonds to the domestic market, Cabinet Spokesman and Minister Dr. Nalinda Jayatissa said yesterday.

time to read

1 min

October 15, 2025

Daily FT

Daily FT

Rakbo and Margo win at Access October Monthly Medal

THE Access October Monthly Medal 2025 saw Rakbo Perera accounting the overall Men’s win a scintillating round of 59 Nett, capturing both the Overall title and the Division C Nett and Gross (59 Nett, 83 Gross) crowns at the Royal Colombo Golf Club (RCGC) which attracted more than 280 golfers.

time to read

1 min

October 15, 2025

Daily FT

Migrant remittances rise to $ 695.7 m in Sept.

SLBFE states it is $ 140.1 m YoY increase Notes $ 5.8 b total remittances during first nine months of 2025 Expects migrant remittances to surpass $ 7 b by end of 2025

time to read

1 min

October 15, 2025

Daily FT

PUCSL says no electricity tariff hike for rest of 2025

CEB estimates Rs. 21 b loss in Q4 However, PUCSL directs CEB to part-use Rs. 23 b profits for this year to offset loss Asks CEB, LECO to account for 2024 Rs. 60.5 b revenue surplus

time to read

2 mins

October 15, 2025

Daily FT

Nearly 70% gambling activity online, dodging taxes CoPF finds

THE Parliament Secretariat yesterday said that around 60-70% of Sri Lanka's casino-related activity now occurs through online platforms, while the State earns no tax revenue from these operations, according to findings presented to the Committee on Public Finance (CoPF).

time to read

1 min

October 15, 2025

Daily FT

Cabinet nod for Rs. 1.3 b Excise Department revenue system

THE Cabinet of Ministers on Monday approved the award of a Rs. 1.3 billion contract for the design, development, implementation, and maintenance of a new revenue administration system for the Excise Department, Cabinet Spokesman and Health Minister Dr. Nalinda Jayatissa said yesterday.

time to read

1 min

October 15, 2025

Listen

Translate

Share

-
+

Change font size