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
Build Physical Spaces For Children Before Banning Virtual Ones
In today’s digital age, social media has become an integral part of children’s daily lives, shaping how they interact, communicate, and build friendships. In an article published in The Daily Star, LIRNEasia Senior Research Fellow Sujata Gamage examines the growing dependence of children on social media and the risks associated with these platforms.
LIRNEasia Senior Research Manager Gayani Hurulle at CATALYZE 2026
The UN Global Compact Network Sri Lanka, on 24 June 2026, convened CATALYZE 2026: Social — From Commitment to Collective Impact. LIRNEasia was a session partner for “AI, Jobs & the Future Workforce: Navigating Uncertainty, Skills & Inclusion”, which explored how AI is changing workplaces and labour markets, and what these shifts mean for businesses, workers, skills and inclusion.
The Many Approaches to Caring in Ageing Societies of South and Southeast Asia
As societies grow older, their needs too evolve, with greater pressure on care systems being widely acknowledged as a critical issue. Broadly, care work involves supporting the physical, mental and development needs of people either directly or indirectly, while a care system refers to its overall organization (UN, 2024).
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