Sri Lanka: Life after an economic crisis

Sri Lanka: Life after an economic crisis

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Can an island of flowers become a global chip hub?

Forty years ago Japan made more than half of the world's semiconductors. Today, it produces just over 10%. But the country has big ambitions to turn that around.We hear from the CEO of a company at the centre of the government's high-stakes gamble to revive its semiconductor indu ...  Show more

Small country, auto giant

When Slovakia was part of the Czechoslovak Socialist Republic, the cars it made were noisy, thirsty and slow by western standards at the time. But when Volkswagen bought the car-maker Skoda, that was the beginning of a major change. Now, Slovakia makes almost a million cars a yea ...  Show more

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Is Sri Lanka’s economic crisis a canary in the coal mine?
Behind the Money

Sri Lanka is facing dire fuel and food shortages amid ongoing economic and political crises. In this week’s episode, the FT’s Antoni Slodkowski shares what he’s seen after a week of reporting in Sri Lanka. And then, emerging markets correspondent Jonathan Wheatley explains how ...

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Sri Lanka crisis
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In a week where protestors stormed the residences of its leaders, forcing the president to resign, Sri Lanka continues to face its worst economic crisis in more than 70 years. There have been months of shortages - from fuel and cooking gas to food and medicines. We hear from thre ...  Show more

Sri Lanka set for economic bailout
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The IMF has provisionally agreed a $2.9 billion loan deal to save Sri Lanka from collapse. The country’s economy tanked in April, sparking a wave of fuel and food shortages, hyperinflation and political upheaval. Although the deal isn't complete, many citizens believe it will be ...  Show more

Sri Lanka overthrew its president, what now?
Nothing is Foreign

Sri Lanka’s president just resigned after months of protest and a deepening economic crisis. Despite Rajapaksa’s departure and the celebratory scenes of demonstrators partying at the president’s home, the people of Sri Lanka have a massive debt hole to climb out of and people hav ...  Show more