Sri Lanka’s digital analytics community unites at People’s Tower for 199th global MeasureCamp

The digital analytics community in Sri Lanka convened at the People’s Tower for the third annual MeasureCamp Sri Lanka on 18 July 2026. Organised by the Digital Marketing Association of Sri Lanka (DMASL) in collaboration with the global MeasureCamp movement, this year’s event marked a landmark occasion, representing the 199th MeasureCamp hosted globally and attracting a record-breaking 435 registrations.

In keeping with the unique ‘unconference’ ethos, the event was entirely participant-led, with the agenda crafted on-site by attendees. This year’s session board featured a wide array of forward-thinking topics, including the practical application of AI in marketing, advanced SEO strategies, digital reality, psychological sales strategies, and data-driven decision-making. This diverse range of sessions fostered an environment where experts, students, and professionals collaborated to solve real-world industry challenges. The event’s success was made possible by DMASL’s continued commitment to ensuring MeasureCamp remains a cornerstone for Sri Lanka’s data, analytics, and measurement community.

MeasureCamp Sri Lanka Co-Chair and DMASL Steering Committee member Fioni Hewanadugala added: ‘MeasureCamp works because it values experience over hierarchy. The energy this year was palpable. By providing a space for professionals to connect authentically, we’re not just hosting an event; we’re helping shape the leaders of the future-ready digital economy that DMASL envisions for Sri Lanka. It’s an honour to witness such a vibrant exchange of ideas that elevates local talent to a global standard. The success of MeasureCamp Sri Lanka 2026 was made possible by a group of forward-thinking organisations who share our commitment to the digital industry. We extend our gratitude to our Venue Partner, People’s Bank, for providing the exceptional facilities at People’s Tower. Our sincere thanks also go to our Silver Partner, BrandRadar, and Corporate Partner, Hemas Consumer Brands. The day was fueled by the support of our refreshment partners: KFC Sri Lanka (Food), Anchor Hot Chocolate (Hot Beverage), Elephant House Beverages (Cold Beverage) and Munchee Sri Lanka (Snacks). We also appreciate Thyaga for serving as our official Gifting Partner and Impact Labs, our Creative Partner.’

DMASL President Arjun Jeger highlighted the broader industry impact: ‘Organising MeasureCamp through DMASL is central to our mission of uplifting Sri Lanka’s digital sector. Events like this empower professionals to connect and grow, helping us shape a stronger, more future-ready digital economy. The dedication shown by our organisers and volunteers is the engine behind this success.’

The seamless execution of the event was made possible by a dedicated team of organisers and volunteers who worked tirelessly behind the scenes to ensure a world-class experience for all attendees. As the global MeasureCamp movement continues to expand, the success of the 2026 Sri Lankan edition highlights the nation’s commitment to staying at the forefront of digital measurement and innovation.

Sri Lanka’s inflation target: Should it be cut from 5% to 2%?

In a recent article Dr. Harischandra argues that lowering the inflation target to 2% would be premature and identifies some issues with moving to a lower target. I have written an essay that argues for a 2% ceiling (available online https://samvaada.substack.com/p/issue-1-rethinking-inflation-policy ) which addresses many of the concerns raised by Dr. Harischandra but some specific aspects will be dealt with briefly below.

Dr. Harischandra’s concerns (see: https://www.ft.lk/opinion/Sri-Lanka-s-inflation-target-Should-it-be-cut-from-5-to-2/14-794598) on the impact of a lower target on growth and investment are related to those on employment and incomes. Those on exchange rate adjustment are connected to policy flexibility, those on debt dynamics to financial sector stability.

Dr. Harischandra provides graphical evidence that since 2015 inflation dynamics have been highly volatile and subject to large, abrupt shifts. This is undisputed and underlines the fact that inflation is very difficult to control, partly due to the long and variable lags between money growth and prices. There always is the risk of overshooting the target: the higher the target the greater the risk which is why a lower target is preferred to a higher one.

Generally rising prices are a phenomenon that occurs when the stock of money increases faster than the increase in supply of goods and services. Controlling increase in the monetary base lies in the hands of the Central Bank. It is worth recalling Friedman’s remark that ‘inflation is always and everywhere a monetary phenomenon’.

Impact on growth and investment

Dr. Harischandra states that achieving a 2% inflation target would require maintaining higher interest rates over a prolonged period in order to tighten financial conditions. This would in turn discourage capital formation. This is not necessarily true.

Once the rate of inflation has risen, bringing it down will indeed require tighter monetary conditions to withdraw excess liquidity from the market. This would involve high interest rates, particularly when credit growth has accelerated rapidly. However once the excess money supply has been withdrawn rates will stabilise. Once achieved, maintaining monetary stability does not necessarily require high rates.

For interest rates to remain stable, it is critical that they be allowed to reflect the real underlying conditions for the supply and demand for loanable funds. Attempts to lower the interest rate by injecting liquidity to the banking sector will distort investment and savings decisions. As these are necessarily long-term decisions and as investments involve specific productive assets in particular sectors the consequences of errors are not easily undone.

The interest rate is one of the most critical prices in an economy because it coordinates intertemporal preferences. Once inflation falls and monetary conditions stabilise the inflation premium that arises from uncertainty about the value of money will decline leading to permanently low rates.

This is best illustrated by historical data. Under the currency board Ceylon had very low and stable inflation and correspondingly low interest rates. These were also present in the early years of the Central Bank and are visible in the tables shown.

For example between 1953 – 1963 inflation rates were mostly below 2%. Interbank call rates were 05%-1.5%, FD rates were between 0.5% -2.5% and lending rates were between 3-8%. These later increased as inflation rose.

Countries which have achieved monetary stability such as Singapore have very low interest rates, similar to the experience of Ceylon in the 1950’s. Maintaining monetary stability is the key to sustainable low inflation and leads to low interest rates.

Impact on employment and incomes

Dr. Harischandra’s argument on the impact on employment follows from his argument on growth and investment. In a sustainable low inflation environment that arises from monetary stability both rates of inflation and interest will be low so concerns on employment and income stemming from high interest rates will not arise.

He correctly identifies that a durable recovery depends on reviving investment, rebuilding dynamism and strengthening credit flows. This cannot be achieved in a sustained manner through infusions of money. In the short-term money creation will quicken economy activity which creates a temporary illusion of prosperity but this is not sustainable.

Sustained growth is can only arise from increases in productivity. Productivity growth is low in Sri Lanka due to various constraints: policy inconsistency and monetary instability which deters investment as well high levels of regulation (including restrictions on investment) and taxation (including a highly protectionist tariff structure). To achieve sustainable real growth, these root causes must be addressed. It is not possible to resolve these problems through monetary policy and attempting to do so takes attention away from the underlying causes of unemployment and slow growth.

It is also not advisable to resort the temporary quickening of economic activity which is possible through monetary policy simply to buy time necessary to address more fundamental causes. This is because the distortions inflation creates are persistent, long term and can lead to further problems particularly Balance of Payments crises. In the standard neoclassical framework, the costs of inflation are assumed to be minimal on the basis of the assumption that money is neutral. However my essay ( https://samvaada.substack.com/p/issue-1-rethinking-inflation-policy) argues that the conditions necessary for neutrality do not hold in practice which leads to various adverse outcomes.

Impact on public debt dynamics

Higher interest rates will indeed place greater strain on borrowers but as discussed above, achieving monetary stability results in sustained lower interest rates, not higher except during the period of transition. Higher interest rates tend to reflect an inflation premium due to the uncertainty that arises when trying to take decisions over longer periods. If the CBSL is guided by fixed rules that result in low inflation it will build credibility and provide the confidence necessary to eliminate the inflation premium attached to interest rates.

In the short term it is indeed possible to ‘inflate away’ part of the rupee public debt but the dynamics reverse the moment a Balance of Payments crisis occurs. (The essay at https://samvaada.substack.com/p/issue-1-rethinking-inflation-policy explains in detail how this results from an inflationary policy).

The stabilisation measures that follow from the Balance of Payments crisis slow the economy. Public sector wages and costs catch up and there is pressure to increase welfare payments to offset inflation. The slowing economy lowers tax collection while expenses increase and the budget deficit increases. This is particularly important because of the foreign debt forms about 40% of the debt stock.

The recent depreciation of the currency has resulted in the the overall value of the public debt increasing in rupee terms, despite the debt repayments and the primary surplus in the Government Budget. This is because the value of the foreign debt increased following the currency depreciation. Foreign debt is serviced with taxes collected in rupees so the burden on the citizens increases.

Policy flexibility

A low target does indeed reduce policy flexibility, which is its objective. Credibility arises from a rules based environment. The Central Bank must be bound by clear rules that are evident to all. If the Central Bank follows clear rules, consistently its actions become predictable. This builds credibility and leads to increased confidence.

Flexibility means greater discretion and necessitates looser rules which reduces predictability and certainty. Conceptually, flexibility and credibility are two opposites that cannot be reconciled.

Practically, requiring the Central Bank to monitor and adjust to various shocks across a multitude of international prices that may be moving in different directions is an all but impossible task. Any adjustment in response to changes in international conditions must ultimately take place in the real economy. This is best left in the hands of the firms and individuals-the actual decision makers in the economy. Neither the Government nor the Central Bank is omniscient and omnipresent.

The role that governments can play in response to international shocks is to minimise regulatory and other barriers that impede adjustment. The role that the Central Bank can play is to ensure minimum distortions to the price signals, international and local, on which the real adjustments must be based.

Impact on exchange rate and external adjustment

Tight monetary policy will indeed help maintain a stable exchange rate, which I view as desirable. A stable exchange rate gives greater predictability; it removes one variable that adds uncertainty. This will facilitate international trade and investment.

If the exchange rate is to act as a shock absorber, it would need to minimise the transmission of any external shocks or in other words insulate the economy to some extent from the outside world. In theory, if the prices of key exports fall, the depreciation of currency may help offset this. This sounds appealing, who would not wish the country to be sheltered from foreign-induced turmoil?

However, in a complex world can this work in practice?

For example, in the first quarter of 2026 tea prices declined. All exporters and tourism were affected after the outbreak of the war. The rupee has depreciated this year and it may be argued that this helped cushion the shock for exporters. However, exporters depend on at least some imported inputs so depreciation increases their costs as well as their revenues. Nevertheless, exporters should enjoy some incremental benefit from the depreciation, but only for a while, before local prices catch up.

At the same time oil prices increased. In this case the currency depreciation has had the opposite effect: it has not cushioned but amplified the shock. This impacts the entire economy including the export sector. For exporters the cushion of better rupee prices may have helped offset the magnified shock of higher rupee energy costs but for purely domestic producers and consumers, it has only amplified the shock.

Fundamentally, s depreciation intended to boost exports does not change the underlying competitive advantage of an industry in the long run. It temporarily shifts relative prices but does not alter real productivity or resource endowments.

There are many different international goods and their prices and they may not necessarily move in the same direction. Changes in international prices reflect changes in underlying conditions that local businesses and consumers must adapt to. Attempting to insulate domestic producers may at best only delay the necessary adjustment. The depreciation may also create additional problems for the domestic economy because of higher input costs for food, medicines and raw materials.

A stable exchange rate cannot eliminate external shocks, but it prevents monetary instability from making them worse.

Conditions necessary for the neutrality of money in the long term do not hold in practice. The costs that arise if the neutrality assumption is lifted are heavy: the redistribution of wealth and distortions to the production structure and investment. Most seriously it leads to Balance of Payments crises which derail growth. If all the associated costs are considered the advantage of an immediate lowering of the inflation target becomes apparent

Financial sector stability

Under a system of fractional reserve banking the financial sector is inherently vulnerable. Widespread panic can lead to bank runs therefore maintaining confidence is paramount. The Central Bank’s has an important role as the lender of last resort. However in playing this role and ensuring the proper functioning of the interbank market it is necessary to guard against problems of moral hazard.

The potential for moral hazard arises if the provision of liquidity support reduces the incentive for financial institutions to devote resources to enhancing the efficiency and effectiveness of their daily liquidity management operations. Moreover, excessive reliance on the Central Bank for daily liquidity management would substantially undermine private interbank market activity.

Bonuses, increments, incentives and promotions of senior bank staff are tried to profits. Recourse to cheap funds from the CBSL on a regular basis can encourage risky lending based not on deposit mobilisation from the market but in continuous use of short-term borrowing from the CBSL. If liquidity is freely and cheaply available from the CBSL, the top management of banks may be incentivised to pursue short-term profit maximisation through expanding the loan book that can threaten financial system stability.

Moreover if interest rates are held below natural rates in order to boost growth, projects that would normally be rejected may be undertaken. These projects rely on the artificially low rates in order to be viable. This increases the risk to financial system stability, at one point when market forces reassert themselves and interest rates rise it could lead to widespread failures that could threaten banking stability.

All financial crises involve excessive levels of debt accumulation. This is more likely to occur if interest rates are held artificially low.

Lessons from international experience

Dr. Harischandra suggests that moving to a lower inflation target should be done only gradually and over time. My essay argues that the higher inflation target will lead to Balance of Payments crises. In general, a gradual approach to change may be preferable but if a policy is likely to lead to a crisis then this must be weighed against the costs that arise from a crisis.

In the neoclassical framework under the neutrality assumption the costs of inflation are transitional and are outweighed by the advantages. My essay argues to the contrary, that the conditions necessary for the neutrality of money in the long term do not hold in practice.

The costs that arise if the neutrality assumption is lifted are heavy: the redistribution of wealth and distortions to the production structure and investment. Most seriously it leads to Balance of Payments crises which derail growth. If all the associated costs are considered the advantage of an immediate lowering of the inflation target becomes apparent.

Signwave Ad Solutions starts operations

Signwave Ad Solutions Ltd., commenced operations on 7 July 2026, exactly 23 years after Signwave Advertising was founded on the same date in 2003 by the late Rukmal Fernando.

Over more than two decades, Signwave Advertising earned the trust of clients across Sri Lanka’s outdoor advertising industry through its commitment to quality, professionalism and reliable service.

With the passing of its founder, Signwave Ad Solutions Ltd., has been established to continue the business building on the strong foundation and values that have shaped Signwave Advertising since its inception.

The company is led by Managing Director Theja Kalubowila, who brings over 25 years of experience in advertising and brand communications, together with Director Manushka Fernando. They are supported by long-standing members of the Signwave team, including Operations Manager Dhammika Priyadarshana.

Together, the team is committed to carrying the business forward with the same dedication to quality and trusted client service, while embracing new opportunities and strategies in Sri Lanka’s outdoor advertising industry, Signwave Ad Solutions added.

Cabinet approves 2.28 m ton-coal procurement for Norochcholai

The Cabinet of Ministers has approved the procurement of 2.28 million metric tonnes of coal for the Norochcholai Lakvijaya Power Plant, aimed at ensuring an uninterrupted fuel supply during the 2026/2027 period and strengthening the country’s energy security.

The approval was granted at the Cabinet meeting held on 30 March 2026, following an international competitive bidding process conducted to secure the coal requirements of the country’s largest coal-fired power plant.

‘The National Procurement Commission authorised the selection of two suppliers after the procurement process attracted nine bids. Based on the recommendations of the High-Level Standing Procurement Committee, the Cabinet approved to award the contracts to the two successful bidders,’ Cabinet Spokesman and Minister Dr. Nalinda Jayatissa said at the weekly post-Cabinet meeting media briefing yesterday.

Accordingly, he said Aditya Birla Global Trading Singapore Ltd., will supply 70%, equivalent to 1.596 million tons of coal and Mohit Minerals Ltd., of India will supply the remaining 30%, equivalent to 684,000 tons.

The procurement is intended to maintain adequate coal stocks for the continued operation of the Norochcholai Lakvijaya Power Plant, helping to minimise the risk of interruptions to electricity generation.

The proposal to this effect was submitted by Energy Minister Anura Karunathilake.

Why meaning matters more than money

Modern organisations have become remarkably successful at improving working conditions. Offices are more comfortable, technology has reduced physical effort, salaries have improved, and companies invest heavily in employee benefits. Yet many organisations continue to struggle with disengagement, burnout, quiet quitting, and a loss of employee commitment. This raises a key question: if material conditions are better, why does work still feel so empty to so many people?

This presents a paradox. Why do people who appear to have more than previous generations frequently seem less fulfilled at work?

The answer may lie in a place few corporate leaders expect to look: philosophy, and more specifically, the question of meaning.

Two thinkers, writing in very different circumstances, offer practical insights into a central management challenge: how to keep people engaged when work feels repetitive, difficult or uncertain. One was Viktor Frankl, the Austrian psychiatrist and Holocaust survivor who developed Logotherapy. The other was the French philosopher Albert Camus, whose famous essay ‘The Myth of Sisyphus’ has influenced generations of readers.

Although they approached life from different philosophical positions, both asked the same essential question: how do human beings continue to work, persevere and even flourish when life appears difficult, repetitive or uncertain?

The search for meaning

Frankl’s answer was simple but deep. He believed that the deepest human motivation is not the pursuit of pleasure or wealth, but the search for meaning, and that work becomes more sustaining when it connects to that search.

His experiences in Nazi concentration camps convinced him that people could endure extraordinary hardship if they believed their suffering served a purpose. More importantly, he argued that although we cannot always choose our circumstances, we remain free to choose our response to them.

That insight has enormous relevance to the modern workplace, where employees are often asking whether their work matters.

Employees constantly ask themselves questions they seldom express openly.

‘Does my work matter?’

‘Am I contributing anything worthwhile?’

‘Is this simply another way of earning a salary?’

If these questions remain unanswered, even generous remuneration may fail to create lasting commitment.

Many organisations respond to disengagement by increasing salaries, introducing incentive schemes or organising employee entertainment programs. These initiatives certainly have value, but they rarely satisfy the deeper need to believe that one’s work contributes to something worthwhile.

The corporate Sisyphus

Centuries before Frankl, the ancient Greeks told the story of Sisyphus, condemned by the gods to push a huge rock up a mountain, only to watch it roll back down again. His punishment was to repeat the task for eternity.

For many people, modern work can feel surprisingly similar.

Sales targets are met, only for higher ones to be imposed. Production schedules are completed, only for the next order to arrive. Reports are written, meetings concluded, and customer complaints resolved, yet tomorrow the cycle begins again.

The corporate rock never stops rolling.

Albert Camus used this myth to explore what he called ‘the Absurd’-the tension among humanity’s search for meaning and the often repetitive, uncertain nature of life.

His famous conclusion has puzzled readers for decades.

‘One must imagine Sisyphus happy.’

Camus was not suggesting that Sisyphus enjoyed pushing the rock. Rather, he argued that once Sisyphus accepted his circumstances and refused to surrender to despair, the struggle itself became an act of courage and dignity.

Frankl and Camus did not arrive at the same philosophical conclusion. Frankl believed that meaning can be discovered, even in suffering. Camus believed that human dignity lies in refusing to be defeated, even when life appears meaningless. Yet both rejected hopelessness, and that shared refusal leads to a practical lesson for managers.

For managers, this distinction matters less than the practical lesson they share: resilience grows not simply from comfort or financial reward, but from purpose, responsibility and the determination to persevere at work.

Lessons from Japan

Interestingly, many Japanese management practices have embodied these principles for decades without ever referring to Frankl or Camus. This makes the connection from philosophy to practice especially clear.

Quality Circles, Kaizen and employee suggestion schemes recognise a simple truth: people become more committed when they are trusted to think, solve problems and improve their own work.

A worker tightening bolts on a production line is not simply performing a repetitive task. He is adding to product quality and buyer safety. A machine operator is not simply producing export goods but helping to build the reputation of the company and, ultimately, the country.

When employees understand how their work contributes to something larger than themselves, even routine tasks acquire significance.

Perhaps this explains why organisations that sincerely embraced employee involvement based Japanese management, often developed extraordinary levels of employee commitment. Employees were not merely instructed on what to do; they were invited to help improve how the work was done, which made the work feel more meaningful.

Unfortunately, some organisations later downgraded these practices to slogans, competitions and formalities, losing the deeper sense of participation that had made them so powerful in the first place.

Meaning in practice

Looking back over my own management career, I now realise that some of the most satisfying moments had little to do with budgets, profits or organisational restructuring. They came from helping people discover that their work mattered, and this was often where the insights became most tangible.

At the time, I had never heard of Viktor Frankl or read Albert Camus. Yet, in retrospect, I can see that many of the decisions I made were really attempts to help employees find purpose in what they were doing.

One experience occurred when I was the General Manager of a small Government organisation. Among the staff was a trainee stenographer who had earned a poor reputation. Her typing was untidy, her spelling weak, and her grammar inconsistent. Consequently, colleagues rarely entrusted her with important work. She spent most of her time typing routine correspondence that seemed to have little significance.

One afternoon, the Ministry urgently requested a draft Cabinet Paper. My secretary was on leave, and the remaining stenographers had already left the office early. I had little choice but to ask this young lady to prepare the document.

Perhaps because of the urgency, I told her rather sternly, ‘This is a Cabinet Paper. Please make sure everything is correct in one go.’

When she returned with the completed document, I was astonished. It was excellent.

Later, I learnt that she had proudly gone home and told her parents that she had typed a Cabinet Paper. For the first time, she realised that her work contributed to an important national decision.

Her confidence blossomed. Her performance improved noticeably.

Nothing had changed about her technical ability overnight.

What had changed was her perception of the importance of her work.

A second experience occurred at Dankotuwa Porcelain.

One young employee spent her day dipping biscuit-fired porcelain plates into glaze before placing them on a conveyor. It was one of the most repetitive jobs in the factory. Yet she had passed her Advanced Level examination in the science stream and possessed abilities that her daily routine never called upon.

When we introduced Quality Circles, everything changed.

Working with her colleagues in a Quality Circle, she helped investigate the causes of glazing defects. Using her scientific knowledge, the team experimented with different glaze viscosities until they identified an optimum level that significantly reduced defects.

The change in her zeal was remarkable. She was no longer simply dipping plates into glaze. She had turned into a problem-solver. She was contributing directly to product quality, customer satisfaction, and the company’s success.

That experience revealed to me something I have never forgotten.

Quality Circles do far more than solve technical problems. They help people discover that their ideas matter.

Three lessons for today’s leaders

These experiences, together with the insights of Frankl, Camus and Japanese management, suggest three lessons for today’s corporate leaders about meaning at work.

First, people need purpose as much as they need pay.

Fair remuneration is essential, but it is rarely enough to sustain commitment over the long term. Employees want to know that their work contributes to something worthwhile. Leaders who repeatedly explain how each person’s work benefits customers, colleagues and society build stronger organisations than those who rely solely on financial incentives.

Second, involvement creates meaning.

People become committed when they are trusted to think, solve problems, and improve how work is done. Participative management is therefore much more than a productivity technique. It is a way of affirming that employees are valued for their judgement as well as their labour.

Third, leaders create meaning by recognising potential.

One of the most important responsibilities of leadership is to help people see possibilities in themselves that they may not yet recognise. Sometimes a basic expression of trust, a new responsibility or the opportunity to solve a problem is able to transform an employee’s attitude more effectively than another salary increment.

A final reflection

Modern corporate life will probably never become free of pressure. Markets will remain competitive. Targets will continue to rise. Technology will keep changing. Every organisation, in one way or another, will continue pushing its own version of Sisyphus’ rock uphill, which makes the final question unavoidable.

The real question is whether employees see that rock merely as a burden or as part of something worthwhile, and whether leaders help them see the difference.

Frankl reminds us that people can endure remarkable hardship when they find meaning in what they do. Camus reminds us that dignity lies in refusing to surrender to difficult circumstances. Japanese management demonstrates that participation, trust and continuous improvement can make ordinary jobs into meaningful work. Perhaps that is the greatest challenge facing today’s leaders.

Our task is not simply to improve productivity or increase profits. It is to build organisations where people understand why their work matters. When employees discover meaning, commitment no longer depends solely on supervision, incentives or motivational speeches. It comes from within.

And when that happens, organisations gain something that no bonus scheme can ever buy-a workforce that believes in what it is doing. While I reflect on my own career, I realise that the most enduring management lesson was never about systems, structures or strategies.

It was about helping people see that they mattered. This is the formula I used in restructuring the Merchant Bank of Sri Lanka (MBSL). Perhaps that is where truly meaningful leadership begins.

Independence of judiciary and retirement age

The age of retirement of judges of the Supreme Court and the Court of Appeals is specified in Article 107(5) in the section of the 1978 Constitution entitled ‘Independence of the Judiciary.’ Article 108 states that the salary payable to such judges cannot be reduced after appointment. Is there an analogy that can be drawn? It seems reasonable to conclude that the retirement age cannot be reduced. In both cases, something is being taken away from the judges. But what is at issue at present is whether something can be given to the judges.

I have some familiarity with the challenges of creating the conditions for the independence of persons entrusted with the making of decisions that are of greatest import; Where it is important not only that justice is done, but also that justice is seen to be done. My experience comes from involvement in the drafting of legislation on regulation in the Global South drawing from the long experience with independent regulation in the United States and from teaching the subject.

Sticks and carrots

The 1978 Constitution and good practices in regulatory design are unequivocal in constraining the ability of the executive or the legislature to take away anything from those whose independence is sought to be safeguarded. No use of sticks. But what of carrots? Inducements, incentives, rewards?

The authors of the 1978 Constitution did not explicitly prohibit the raising of salaries or the retirement age. In the legislation I am familiar with, we tend to block these too, by limiting discretion on renewal of appointments. Salaries tend to be pegged to external objective factors and are not left to the discretion of the legislature or the executive.

Is the increase of the retirement age a benefit, similar to a salary increase? In a country where average life expectancy is 80 for women and 76 for men, it is. Work is not just about money. It gives meaning to one’s life and generates social recognition and respect. Especially in the case of appointments that come with relatively strict conditions on post-retirement activities, retirement is likely to be viewed with trepidation.

Does this mean that the ages of retirement specified in Article 107 are immutable?

The solution

Add a clause to the proposed 22nd Amendment stating that the changes will not apply to the current members of the Supreme Court and the Court of Appeal but will apply only to appointments made after its enactment.

For a currently serving judge or someone from the Attorney General’s Department, or from the unofficial bar who is appointed to the Supreme Court of the Court of Appeal after the enactment of the 22nd Amendment, the retirement age would be higher than those of the judges appointed to that Court prior to the change. Over time, all the judges in the Supreme Court and the Court of Appeals would enjoy the higher retirement age. The carrot would not be offered to those currently appointed. The retirement age of currently serving judges will not be changed.

This gets around a critical problem. Damaging allegations of conflict of interest on the part of sitting judges of the Supreme Court who are asked to rule on whether or not the 22nd Amendment should be approved by a referendum will be avoided. They cannot all recuse themselves because of conflict of interest. Someone has to rule on that question.

Compromise on the retirement age on the part of the Government will lower the temperature and create the conditions for the necessary national conversation on extending the retirement ages of all in the labour force, free of partisan posturing.

Compromise on the retirement age on the part of the Government will lower the temperature and create the conditions for the necessary national conversation on extending the retirement ages of all in the labour force, free of partisan posturing

Ideally, the Government will take the opportunity afforded by the need to further amend the proposed 22nd Amendment to include provisions on what kinds of post-retirement appointments may be offered to retired judges. The practice of offering ambassadorial appointments to some (but not all) retired judges is quite problematic. Specifying the permitted appointments to those open to all retired judges such as membership in arbitration panels, governing bodies of universities, and commissions of inquiry would avoid the perception that some judges are being selectively rewarded by the executive and thereby influencing decisions prior to retirement.

BYD grows presence in East: New Batticaloa showroom marks brand’s latest milestone in Sri Lanka

BYD, together with its authorised distributor in Sri Lanka, John Keells CG Auto, announced the further expansion of its East Coast presence with the opening of their ninth showroom opening in Batticaloa.

Located at 556 D Trinco Road, Batticaloa, the new BYD showroom operated in partnership with Harry Traders, joins a growing retail and service network that includes Colombo, Galle, Kurunegala, Kandy, Ampara, and Rathnapura. The latest launch further deepens BYD’s presence in the Eastern Province, bringing its advanced electric and plug-in hybrid vehicles even closer to customers across the region, and strengthening the brand’s islandwide accessibility.

Customers in Batticaloa can expect the same level of reliable service, support, and access to vehicles that BYD is known for across its existing network. Operated in partnership with Harry Traders, the new location will initially open as a showroom, with plans underway to introduce service and spare parts facilities in the near future. The showroom will feature a range of BYD vehicles including the BYD SEALION 5, BYD SEALION 6, BYD SEALION 8, BYD ATTO 1, BYD ATTO 2 and BYD DOLPHIN.

‘Every new showroom we open is a statement of intent, that we are serious about making new energy mobility accessible to every Sri Lankan, in every corner of this island,’ JKCG Auto Chief Executive Officer Charith Panditharatne said. ‘Batticaloa is a city with a growing, aspirational community, and we are proud to bring BYD’s world-class lineup directly to its doorstep through our partnership with Harry Traders.’

Harry Traders Chief Executive Officer, Thavabalan Harry Prathab also added: ‘We are honoured to represent BYD in Batticaloa and to be part of a movement that is genuinely changing how Sri Lankans think about driving. The Eastern Province has an enormous appetite for quality and innovation, and BYD delivers both. We look forward to introducing our community to a new standard of vehicle ownership.’

In line with its commitment to building a strong NEV ecosystem, with the GreenEV partnership, Keells has deployed 46 fast chargers island-wide and recently announced a strategic partnership with Green EV, unlocking access to a further 83 chargers from GreenEV enabling to a total of 129 public charger network spanning all nine provinces of Sri Lanka. Every BYD and Denza customer also receives a home charger as standard, ensuring that the charging experience is seamless from day one. This growing infrastructure, which already reaches the Eastern Province, supports BYD’s long-term sustainability goals and ensures greater convenience for NEV owners wherever they are in the country.

With its newest location in Batticaloa, BYD continues to expand access to NEVs while offering customers greater service coverage across Sri Lanka. With showrooms and service centres now spanning the Western, Southern, Central, North Western, and Eastern provinces, BYD and JKCG Auto remain committed to ensuring that the transition to new energy mobility is not just possible, but convenient, for every Sri Lankan.

Official poverty line rises to Rs. 17,592 in June

Sri Lanka’s national official poverty line increased to Rs. 17,592 per person per month in June 2026 from Rs. 17,315 in May, according to the latest estimates released by the Department of Census and Statistics (DCS).

The official poverty line, which represents the minimum monthly expenditure per person required to meet basic needs, rose by Rs. 277, or 1.6%, from the previous month.

Compared with June 2025, when the national official poverty line stood at Rs. 16,484, the latest estimate represents an increase of Rs. 1,108, or 6.7%, over the past year.

District-level estimates continued to show differences in minimum expenditure requirements. Gampaha recorded the highest official poverty line in June at Rs. 18,579 per person per month, marginally above Colombo at Rs. 18,575, followed by Nuwara Eliya at Rs. 18,500.

At the other end, Moneragala recorded the lowest threshold at Rs. 16,821, followed by Kilinochchi at Rs. 16,995 and Hambantota at Rs. 17,092.

The DCS said the national official poverty line for June was Rs. 17,592. District poverty lines are re-estimated to account for price differences using the National Consumer Price Index (NCPI), with the June increase reflecting the higher NCPI compared with the preceding month.

The measure, however, is frequently criticised by Opposition politicians who contend that an individual cannot meet basic needs on around Rs. 17,600 a month amid higher food, utility, transport and other living costs.

Such criticism can conflate two different measures.

The official poverty line is not an estimate of an average person’s monthly expenditure, nor does it suggest that Rs. 17,592 provides a normal or adequate standard of living. It is a statistical threshold used to identify the minimum expenditure required to meet defined basic needs. A household falling above it may still face considerable financial hardship.

There is, however, a legitimate question over the underlying benchmark. The DCS notes that the official poverty line is updated based on the 2012/13 Household Income and Expenditure Survey, with subsequent price movements incorporated through the NCPI.

A consumption basket anchored to household spending patterns more than a decade ago may not fully capture changes in what households now consume or regard as essential.

Therefore, criticism that the poverty threshold appears low is not without basis. But portraying Rs. 17,592 as the DCS claiming that this amount is sufficient for an individual to live normally would be misleading. The more pertinent debate is whether the basket and methodology underpinning the threshold still capture the minimum needs of Sri Lankan households in 2026.

CX Connect launches Sri Lanka’s first dedicated customer experience community

CX Connect marked a historic first for Sri Lanka’s customer experience landscape with the successful launch of its inaugural meetup on 25 June 2026 at Radisson Colombo.

The event brought together customer experience professionals, business leaders, practitioners and enthusiasts from banking and financial services, healthcare, hospitality, retail, technology and other industries. It created a dedicated space for professionals to connect, exchange practical knowledge and discuss the challenges shaping customer experience across Sri Lankan organisations.

CX Connect was established as a community-driven initiative to promote collaboration, continuous learning and innovation in customer experience. Its vision is to build Sri Lanka’s leading CX community and help elevate customer-centric practices across industries.

The evening included opening remarks by HNB Customer Experience Head Uthpala Pinnaduwahewa, followed by an introduction to customer experience by Domino’s Sri Lanka Customer Relationship Management Head Thiyangie De Mel. Participants then moved into three breakout groups covering banking and financial services, healthcare, and a mix of other industries. The discussions focused on real challenges experienced by professionals in their organisations, including fragmented customer journeys, disconnected data, limited ownership of customer experience, slow complaint resolution, internal resistance to change and the need to translate customer feedback into measurable action.

Rather than following a traditional conference format, the meetup encouraged open and honest conversations among participants. Members were able to share their experiences, compare industry challenges and identify opportunities for collaboration.

Radisson Colombo supported the inaugural gathering as the Official Hospitality Partner by providing the venue, refreshments and event facilities. This contribution played an important role in creating a welcoming environment for the community’s first meeting.

Emojot Inc. also came onboard as the AI Experience Partner, supporting the initiative’s focus on the growing role of artificial intelligence, experience intelligence and technology in understanding customers and improving business outcomes.

The insights gathered during the breakout discussions will help guide the community’s future activities. CX Connect plans to continue hosting meetups, feature CX leaders and practitioners as speakers, establish industry-focused working groups and explore collaborative initiatives that address shared customer experience challenges.

Among the ideas being considered is a healthcare customer experience collaboration and shared industry survey, designed to identify common issues and create practical insights that participating organisations can use.

CX Connect will also continue developing opportunities for members to contribute as speakers, facilitators, hosts and volunteers. Future sessions will focus on practical case studies, emerging technologies, industry-specific challenges and actions that organisations can take to improve customer and employee experiences.

Professionals interested in becoming part of the community can search for CX Connect on social media and send a message.

The community welcomes CX professionals, customer success teams, contact centre leaders, marketers, product managers, digital transformation professionals, business leaders, students and anyone interested in helping raise customer experience standards in Sri Lanka.

International Youth Day 2026 – Turning shared aspirations into AI-powered future

On International Youth Day 2026, my thoughts turn to Sri Lanka’s young people and to what it genuinely means to invest in them.

Across South Asia, I have seen first-hand how young people are redefining what is possible. They are building businesses on digital platforms, solving community challenges with ingenuity, and walking into workplaces with fresh energy and a refusal to accept the status quo. That spirit is alive and well in Sri Lanka, and it gives me real optimism about what lies ahead.

The AI era amplifies this potential in ways we are only beginning to understand. But what continues to inspire me most is something the technology itself cannot replicate the profound intent and purpose that young people bring to the problems they choose to solve. AI’s greatest value lies in its ability to amplify human impact. And for that to hold true, it must be human-centred, trusted and inclusive. Access to technology is just the starting point. True empowerment means confidence – the agency to shape how technology is used, not just consume it. That requires collaboration: between government, educators, industry and communities, all working together to expand digital skills, deepen responsible AI knowledge, and create real pathways for participation.

At Salesforce, we believe technology creates value when it helps people succeed. The measure of the AI era should not only be what our systems can do, but the opportunities they unlock for people to learn, contribute and lead.

Sri Lanka’s young people carry a shared aspiration to build something better. By investing in their ideas, their access and their trust – by building with them, not merely for them – that aspiration becomes progress. And I, for one, cannot wait to see what they build.