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.
Powered by ScribeFire.
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
Request For Proposals: Sri Lanka Educational Technology Survey
LIRNEasia is inviting proposals from qualified research organisations to develop a study on Sri Lanka’s Educational Technology (EdTech) landscape. The study aims to examine the current state of EdTech adoption, innovations, and the enabling and constraining factors across Sri Lanka’s education system, while assessing how educational decision-makers perceive and use EdTech and data systems.
Protecting Children Online: What is Missing from Sri Lanka’s Proposed Bill?
In an article published in the Daily FT on 30 June 2026, Attorney-at-Law and LIRNEasia Researcher Sachini Ranasinghe examines the Private Member’s Bill proposed by Opposition MP Faiszer Musthapha, which seeks to restrict social media access for children under the age of 16 in Sri Lanka. She argues that the key question is not whether children need stronger protection online, but whether Sri Lanka is proposing the right solution and has undertaken the groundwork necessary to make such legislation effective.
LIRNEasia leads new Asia Observatory on Responsible AI Innovations for Development
In February 2026, the Asia AI4D Observatory: A policy and innovation network on responsible artificial intelligence was launched with the support of the International Development Research Centre (IDRC) of Canada and the UK Foreign, Commonwealth & Development Office. LIRNEasia, East-West Management Institute, JustJobs Network, and EngageMedia, this three-year initiative will support Asia’s capacity to design, govern, and scale responsible (i.
Links
User Login
Themes
Social
Twitter
Facebook
RSS Feed
Contact
9A 1/1, Balcombe Place
Colombo 08
Sri Lanka
+94 (0)11 267 1160
+94 (0)11 267 5212
info [at] lirneasia [dot] net
Copyright © 2026 LIRNEasia
a regional ICT policy and regulation think tank active across the Asia Pacific