By this time next year, LIRNEasia will have much to say on this subject.
Western Union Empire Moves Migrant Cash Home – New York Times
With five times as many locations worldwide as McDonald’s, Starbucks, Burger King and Wal-Mart combined, Western Union is the lone behemoth among hundreds of money transfer companies. Little noticed by the public and seldom studied by scholars, these businesses form the infrastructure of global migration, a force remaking economics, politics and cultures across the world.
Last year migrants from poor countries sent home $300 billion, nearly three times the world’s foreign aid budgets combined.
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2 Comments
Donald Gaminitillake
Interesting from telegrames to money trasfers
In srilanka Ceylinco group promoted this product with lots of ad on TV “Uncle Johnson” sending the money to buy a wedding ring!!!!
Today Ceylinco is out of this western union but Peoples Bank has taken agency!!! Also I have seen NDB and Aitkenspence has joined.
Donald
Jimmy T
One would expect remittances to remain relatively stable because the money isn’t usually used for investments, but I guess unemployment is going to hurt just about everyone! Here is an interesting article on why remittances might fall in the next couple of years: https://www.mindreign.com/en/mindshare/Global-Economics/Remittances/sl35291137bp484cpp10pn1.html
Rebuilding telecom infrastructure after disaster: Resilience or building back better?
In an article published on 31 December 2025 in the Daily FT, LIRNEasia Chair Professor Rohan Samarajiva highlights how the Ditwah disaster exposed major vulnerabilities in telecom networks. He emphasizes that numerous telecom sites across the country were affected, leaving many districts without mobile or data services for days, which restricted access and delayed restoration efforts.
Artificial Intelligence (AI) governance is a concern Sri Lanka must address now
LIRNEasia Data, Algorithms, and Policy (DAP) Team Lead and Research Manager Merl Chandana was featured in ‘The Morning’ newspaper on 28 December 2025, in an article by Nelie Munasinghe, where he underscored the urgency of moving from AI policy discussions to real-world implementation. “The perception that Sri Lanka has not yet widely adopted AI is inaccurate.
Gayani Hurulle at UNESCAP workshop on Cross-Border Data Sharing for Digital Public Service Innovation
Gayani Hurulle (Senior Research Manager, LIRNEasia) was invited to conduct a session on the current state and challenges associated with cross-border data sharing at a regional capacity-building workshop on ‘Cross-Border Data Sharing for Digital Public Service Innovation’. This workshop, organized by the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP) in collaboration with the Ministry of Science and ICT (MSIT), Republic of Korea, was held on 18 December 2025 in Seoul, Republic of Korea.
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