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Friday November 13th, 2026

Sri Lanka women workers challenged by family attitude, transport, harassment

ECONOMYNEXT – Though increasing numbers of women wanted and were working in super markets and nursing homes they faced many challenges ranging from family attitudes to harassment at the workplace and on the road, a study has found.

Women were working in shifts and night work in areas such as supermarkets and hospitals the Institute of Policy Studies, a Colombo-base think tank said after a study based on a sample of professional and semi-skilled workers.

“In the absence of standard work opportunities, non-standard work had important benefits for both women themselves and the wider society,” the IPS said.

“It empowered women and also helped them to support their families financially in spheres such as education of children, health needs of parents and building houses.”

However they had to face barriers in the form of family attitudes (nursing homes were preferred to supermarkets) and they also faced harassment in public transport and in the workplace.

Critics say some problems that are not solved by the community (read market) may persist due to government regulations and state failure.

In fast growing East Asian nations like Vietnam and Cambodia scooters are ubiquitous and smart brand new ones can around 1,000 dollars but used ones can be bought 500 dollars or less. In Sri Lanka the government taxes scooters heavily and they cost close to 300,000 rupees.

Sri Lanka’s rupee is also depreciated by the central bank under so called Real Effective Exchange Rate targeting to destroy real wages of export workers and give profits to owners, and in the process salaries of all workers are also cut, lowering their living standards.

Cambodia is now dollarized and its central bank is effectively castrated after busting the currency to 4,000 to the US dollar and has no power to harm wage earners, or destroy domestic capital that can be used to boost productivity.

In Sri Lanka the government also controls bus fares, which requires standing passengers to make them viable, though many males and some women were purchasing scooters to avoid the hassle of public transport until the central bank printed money and banned the import of vehicles.

Amid a Covid crisis, prices were raised to help carry passengers according to available seats.

Sri Lanka has also halted a light rail project in Colombo.

The IPS recommended government regulations and minimum wages.

Classical economists however have cautioned against minimum wages, as they were originally designed in countries like the US to keep, women and handicapped people out of the work place by eugenicists.

Later they were used to stop un-uionized black workers from competing against white unionized labour.

Economists have pointed out that there was no big gap between white and black worker unemployment in the US until the 1931 Davis-Bacon Act was brought.

Similar tactics were used in South Africa to push jobs towards better qualified white workers.

Eugenicists promoted minimum wages to keep women at home in their ‘traditional role’ and to keep ‘undesirables’ out of work in the hope that they will reduce reproduction because they could not find a job.

It is the least skilled workers who are hit most by minimum wages as they cannot compete with their better skilled or ‘white’ colleagues or men.

“Legal Minimum Wage positively increases the productivity of the nation’s industry, by ensuring that the surplus of unemployed workmen shall be exclusively the least efficient workmen; or, to put it in another way, by ensuring that all the situations shall be filled by the most efficient operatives who are available,” wrote Fabian socialist Sydney Weber in Economic Theory of the Minimum Wage.

In the early 20th century when eugenicists and other interventionists first brought the minimum wage laws, courts in several American states, including Wisconsin and Arkansas had struck them down saying minimum wages limited the right of workers to contract and/or they were unconstitutional.

The full op-ed is reproduced below:

Facilitating Night Work for Women in Sri Lanka

From the IPS publication ‘WOMEN, WORK AND NIGHT SHIFTS IN NURSING HOMES AND SUPERMARKETS’

Increasing female labour force participation has been a challenge for the country. These
challenges are even greater for night-work and shift-work (hence referred to as non-standard
work).

There is a growing trend in shift and night work in the service sector in Sri Lanka. As
labour force participation rates for males are already fairly high, policymakers are
increasingly looking towards females to fill the worker requirements for non-standard jobs.

The current literature has given limited attention on the specific challenges faced by females
looking to work in non-standard jobs.

In this context, based on in-depth face-to-face interviews conducted among a sample of 30
associate professional and semi-skilled women working in the private hospital and
supermarket sectors, an IPS study on ‘Women, Work and Night Shifts in Nursing Homes and
Supermarkets’ examined Sri Lankan women’s experiences and challenges in non-standard
work.

The study also analysed existing labour legislation for night work and associated
implementation gaps.

Key Findings

The majority of female employees interviewed in thestudy both wanted and needed to work. In the absenceof standard work opportunities, non-standard work hadimportant benefits for both women themselves and thewider society. It empowered women and also helpedthem to support their families financially in spheressuch as education of children, health needs of parents,and building houses.

However, a number of barriersprevented women from fully engaging in non-standardwork.

Challenges at home and on the road

• Marriage and work-life balance, especially when no family support was available.
• Family and societal disapproval, especially in the supermarket sector, where the nature of
work is not as appreciated and respected as in the nursing home industry.
• Unreliability and safety concerns of night-time transport when facilities were not
provided by employers.
• Gender-based harassment on the road and in public transport, such as cat calling,
whistling, and unwanted comments on physical appearance.

Challenges at work and working conditions

• Long working hours often extending beyond the allocated shift.
• Lack of basic facilities and allocated meal times particularly for nursing home workers,
whose patients require round-the-clock care.
• Harassment from customers, including inappropriate remarks and unwelcome physical
conduct.

Recommendations

1. Address risks and inefficiencies associated with travelling to work in the night by
increasing the frequency and reliability of public transport facilities. Further, strict
regulations should safeguard women from harassment in public transport and on the
road.

2. Legislation and monitoring mechanisms should be tightened to improve working
conditions and facilities to ensure that workers are not exploited in night/shift work.

3. Factoring in additional costs involved in working in the night when determining
minimum wages will motivate more women to engage in night work.

4. Building awareness of workers’ rights via media campaigns on entitlements and
legislation will help protect workers from being exploited.

5. Challenge conventional gender roles from an early age to empower girls and women to
follow their aspirations and to stand up for their rights. Introducing gender awareness
and equality at the school level can help reshape attitudes and beliefs of children on
women in the work place, as they grow up to be responsible citizens who contribute to
society.

Sri Lanka stocks close down 0.60-pct, dragged by HNB and LOLC

ECONOMYNEXT – Sri Lanka’s Colombo Stock Exchange closed down on Friday, CSE data showed, with the benchmark All Share Price Index moving down 0.60 percent.

The ASPI was down 133.22 points at 22,024.18, while the more liquid S&P SL20 was down 1.06 percent, or 67.55 points, at 6,298.02.

The ASPI ended the week up 784.53 points from last Friday.

Positive contributors to the ASPI were Dialog Axiata (up 0.40 percent at 50.20 rupees), Distilleries Company of Sri Lanka (up 0.52 percent at 58.30 rupees), Aitken Spence (up 3.60 percent at 151.00 rupees), Ceylon Tobacco Company (up 1.05 percent at 1,828.50 rupees), and LOLC Finance (up 1.96 percent at 5.20 rupees).

Hatton National Bank (down 1.88 percent at 403.75 rupees), Richard Pieris and Company (down 6.21 percent at 27.20 rupees), LOLC Holdings (down 2.17 percent at 405.00 rupees), Sampath Bank (down 1.91 percent at 154.00 rupees), and Singer (Sri Lanka) (down 2.40 percent at 77.30 rupees) were top negative contributors.

Market turnover was 3.23 billion rupees. Capital goods led turnover with 869.21 million rupees. (Colombo/Nov13/2026)

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Sri Lanka MP slams budget speech for omitting Tamil national question

ECONOMYNEXT – A Sri Lanka legislator has voiced strong disappointment that the President’s budget speech failed to make a single mention of the Tamil national question.

“It is very unfortunate that in His Excellency the President’s speech, there has not been a single word mentioned about the Tamil national question. Not a single word,” Shanakiyan Rasamanickam said.

“A budget speech generally, is a policy direction of the government for the next year. The budget speech is not only a statement of the country’s fiscal position or the economy’s position. It is the country’s, the government’s, plan, or what the government plans to do the following year. That’s a policy statement.”

Former presidents would at least mention the Tamil question even if it was not resolved, he said.

Former President Ranil Wickremesinghe in his speech, in his policy statement, he would mention: “The Tamil national question must be resolved,” Rasamanickam said.

Former Presidents Maithripala Sirisena and Gotabaya Rajapaksa also mentioned that the national ethnic question must be resolved, he added.

“Every President, every country’s Head of State, in their policy statements, have acknowledged the fact that there is an unresolved national issue, the Tamil national question, that it needs to be resolved. Various governments have proposed various mechanisms; none of them have succeeded, but at least it was mentioned.”

This year’s budget made allocations for the Office of Missing Persons, and the Office of Reparations.

“But the domestic mechanism is a mechanism that the victim community has rejected. So you all are allocating money to a mechanism where the victim community is not going to be part of.”

Last year’s budget 1 billion was allocated to be spent on the Trincomalee and Jaffna airports.

“Where was that 1 billion for the Trincomalee and Jaffna airports spent last year?”

“The trajectory of this government, Honourable Deputy Speaker, is worrying to me. It’s really worrying to me. Because if the objective is to say that there is no Tamil national question, if the objective is to say that you all have resolved any ethnic issue that this country faced, then Honourable Deputy Speaker, then I think the Tamil people will teach this government a very, very, very harsh lesson in the future.” (Colombo/Nov13/2026)

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Sri Lanka sells extra Rs6.5bn Treasury bills after auction

ECONOMYNEXT – Sri Lanka has sold 6,500 million rupees of treasury bills offered on tap at an average rate of 9.95 percent, the public debt management office said, bringing the total of bills sold in the week to 85.562 billion rupees.

The issue offered 90 billion.

Total market subscription was 6.5 billion rupees.

The debt office sold a 12-month bill at 9.95 percent.

On Wednesday (11) the debt office raised 79 billion rupees of 3, 6 and 12 month bills after offering 90 billion.

Read more
Sri Lanka Treasury bill yields hold broadly steady, less bills sold

The settlement date is November 13. (Colombo/Nov13/2026)

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Access Engineering Sept quarter group net profit surges 200-pct to Rs4.75bn

ECONOMYNEXT — Sri Lanka’s Access Engineering PLC recorded a group net profit attributable to equity holders of Rs. 4.75 billion for the quarter ended September 30, surging 200 percent from Rs. 1.58 billion a year earlier, interim accounts showed.

Basic earnings per share rose to Rs. 4.08 for the September quarter, up from Rs. 1.58 previously.

Quarterly group revenue expanded 36 percent to Rs. 20.39 billion from Rs. 14.94 billion, underpinned by condominium property handovers — reflected in inventories dropping Rs. 7.69 billion since March to Rs. 35.71 billion — alongside strong automobile sales and steady civil engineering execution.

Cost of sales rose at a slower 27 percent to Rs. 14.34 billion, lifting gross profit by 64 percent to Rs. 6.05 billion and expanding gross margins to 29.7 percent from 24.7 percent.

Other income jumped 144 percent to Rs. 259.9 million, while administrative expenses rose 75 percent to Rs. 1.14 billion, leaving operating profit up 64 percent at Rs. 5.16 billion.

However, finance costs more than doubled, rising 107 percent to Rs. 1.18 billion on elevated group borrowings of Rs. 43.74 billion, partly offset by finance income climbing 302 percent to Rs. 42.2 million.

Share of results from equity-accounted investees rose 122 percent to Rs. 26.7 million, pushing pre-tax profit up 56 percent to Rs. 4.05 billion.

Income tax swung to a net reversal of Rs. 186.6 million from an expense of Rs. 804.1 million, boosted by deferred tax assets on unrelieved losses from a 100 percent enhanced capital allowance claimed by 60 percent-owned radiopharmaceutical subsidiary Access Medical Tracers (Private) Limited.

Total period profit rose 136 percent to Rs. 4.24 billion, with non-controlling interest declining 24 percent to Rs. 164.9 million following last year’s buyout of minority shareholders in Harbour Village (Private) Limited.

No separate exchange gain or loss was itemized in quarterly earnings, though foreign currency translation via associates recorded a Rs. 17.4 million loss in other comprehensive income, alongside USD 16.6 million in corporate guarantees.

Notes also flagged an expected Rs. 1.45 billion recovery from the terminated South Asia Commercial and Logistics Hub project, a Rs. 225 million post-quarter legal settlement already provided for, and a Supreme Court appeal over a 2011/12 PAYE tax ruling.

Group assets stood at Rs. 132.4 billion as of September 30, with net asset value per share at Rs. 46.70, as the Employees’ Provident Fund raised its stake to 5.69 percent.

Access Engineering shares closed at 80.00 rupees at the end of September and are currently trading around 85.80 rupees. (Colombo/Nov13/2026)

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Sri Lanka private sector says timely implementation of Budget 2027 key

ECONOMYNEXT – Private sector body, The Ceylon Chamber of Commerce, said it was encouraged by the broad direction of Budget 2027, noting that it reinforces Sri Lanka’s commitment to economic transformation while maintaining policy continuity, macroeconomic stability, and fiscal discipline.

“This continuity is particularly important as the country seeks to transition from economic stabilisation to a more durable, investment-led growth trajectory.”

The chamber also noted several areas where the Budget could have placed greater emphasis to strengthen the country’s growth prospects.

“In particular, there is a need for a stronger focus on attracting Foreign Direct Investment (FDI), accelerating factor market reforms, particularly in land and labour, and fast-tracking public procurement reforms to improve the efficiency and speed of project implementation.

“More targeted and actionable proposals could have been introduced to unlock the potential of sectors with significant growth opportunities, including tourism, agriculture, IT/BPO and logistics.”

The chamber said the budget contains positive measures aimed at enhancing competitiveness, and external sector resilience, while presenting opportunities for focus on sectors that can accelerate growth.

“A number of the key structural reforms identified in last year’s Budget have been carried forward and strengthened, providing greater certainty and predictability to businesses and investors.

“These include the continued implementation of the Trade National Single Window (TNSW), the phased removal of para-tariffs, the rollout of the Digital ID framework, efforts to expand market access through new Free Trade Agreements (FTAs), the strengthening of one-stop-shop investment facilitation mechanisms, progress on Customs reforms, the expansion of Bandaranaike International Airport (BIA), enhanced financing support for SMEs, and reforms relating to the management of State-Owned Enterprises.”

The CCC said that more than 20 proposals submitted by it have been reflected in Budget 2027.

These include measures to strengthen investor facilitation through the establishment of a professionally managed investment promotion agency; continued efforts to improve trade facilitation and export competitiveness; the Government’s consideration of a successor programme with the International Monetary Fund (IMF); accelerated progress on key legislative reforms; the expansion of digital government services; and the promotion of cashless payments and broader digital adoption. The Budget has also captured several priorities relating to energy security, including the accelerated deployment of Battery Energy Storage Systems (BESS) and investments in fuel storage infrastructure, initiatives to optimize underutilized agricultural land, measures to support the expansion of the digital economy and the IT/BPO sector, and tax reforms to support exporters, including the acceptance of newly VAT-registered exporters as eligible exporters.

“The inclusion of these priorities reflects the value of sustained public-private dialogue and demonstrates increasing alignment between national policy objectives and the needs of a competitive, export-oriented economy.

“The priority now must be effective and timely implementation to translate policy commitments into investment, competitiveness, exports and sustainable growth.” (Colombo/Nov13/2026)

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Sri Lanka stocks trend lower day after budget reading

ECONOMYNEXT – Sri Lanka’s Colombo Stock Exchange was trending lower on Friday, CSE data showed, with the benchmark All Share Price Index moving down 0.66 percent.

The ASPI was down 146.78 points at 22,011, while the more liquid S&P SL20 was down 0.94 percent, or 59.99 points, at 6,306.

Positive contributors to the ASPI were Access Engineering (up 1.30 percent at 85.80 rupees), LAUGFS Gas (up 3.31 percent at 49.90 rupees), Ceylon Tobacco Company (up 1.13 percent at 1,830 rupees), Ceylon Cold Stores (up 0.80 percent at 126 rupees), and Namunukula Plantations (up 1.79 percent at 68.10 rupees).

LOLC Holdings (down 1.03 percent at 409.75 rupees), Hatton National Bank (down 0.61 percent at 409 rupees), Sunshine Holdings (down 3.81 percent at 30.30 rupees), and Sampath Bank (down 1.91 percent at 154 rupees) were top negative contributors.

Market turnover was 1.55 billion rupees. Capital goods led turnover with 459.57 million rupees. (Colombo/Nov13/2026)

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