Controversial, proposed legislation to revive underperforming enterprises and underutilised assets through acquisition figured prominently during discussions visiting World Bank Vice President for South Asia Isabel Guerrero had with Sri Lanka’s private sector with the latter raising concerns that this is an impediment to investment.

Sri Lanka will most likely entirely skip the desktop computer era completely and go straight to using mobile devices, like smartphones, tablet PCs, etc, and interact mostly via mobility, according to Peter Gartenberg, the Managing Director of SAP Indian Subcontinent, the regional unit of a software company.