Category: Exclusive

  • The Billion-Dollar Gap: Why Sri Lanka’s Gems Leave Rich — and Return Poor

    The Billion-Dollar Gap: Why Sri Lanka’s Gems Leave Rich — and Return Poor

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    Sri Lanka is globally synonymous with gems. From sapphires and rubies to cat’s eyes and alexandrites, the island’s stones command premium prices in international markets. Yet in official export statistics, the country’s gem and jewellery sector barely registers as a heavyweight. That contradiction has a name: leakage. It is the widening gap between what Sri Lanka should be

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