Wednesday, May 17, 2017


logoWednesday, 17 May 2017

02About 1,600 miles to the East of Colombo is a small island called Singapore. In size, it is only about 720 sq. kms. (Sri Lanka is 65,000). Its population is 5.5 million compared to Sri Lanka’s 20 plus million. These are about the only areas where we have a lead; in terms of GDP, Singapore is about $ 295 billion while we are a modest $ 82 billion (app). Where per capita income is concerned, Singapore is among the richest countries, commanding a per capita income of $ 53,000, while we in Sri Lanka have a per capita income of only $ 3,870 (app)