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
Sri Lanka at WAIC 2026: Aligning with a More Inclusive Vision for Global AI Governance
The World Artificial Intelligence Conference (WAIC) 2026 was held in Shanghai from 17–20 July and brought global attention to the rapid development of artificial intelligence (AI), as well as the increasingly important question of who gets to shape the rules governing it. This analysis examines the alignment between Chinese President Xi Jinping’s speech and Sri Lanka’s Deputy Minister of Digital Economy Eng.
LIRNEasia Senior Research Manager Merl Chandana at NewsFirst Sri Lanka’s Face To Face Programme
LIRNEasia Senior Research Manager and Team Lead for Data, Algorithms, and Policy (DAP), Merl Chandana, was interviewed on NewsFirst Sri Lanka’s Face to Face programme on 9 August 2026. The interview focused on the wonders and dangers of Artificial Intelligence (AI), covering a recent cybersecurity incident where an experimental agentic AI model developed by OpenAI was manipulated to execute multiple attacks on Hugging Face.
More Than a Wheelchair: The Case for Mobility That Actually Works
The economic exclusion faced by people with mobility disabilities in Sri Lanka is substantial. Although Sri Lanka has made genuine investments in this area, yet, for many wheelchair users, the journey to work, school, university or a vocational training center remains difficult.
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