Following is the detailed presentation made by UNP and its Spokesman on Economic Affairs Dr. Harsha de Silva yesterday at the Public Consultation convened by the Public Utilities Commission of Sri Lanka on proposed revisions in electricity tariffs Summary The CEB Tariff Proposal (CEBTP) is an unjust attempt to extract Rs. 34.2 billion mainly from the poorest 3.6 million of the total five million domestic consumers of the CEB and LECO.1 The proposed tariff increases on low income households will be detrimental to their economic welfare given that over 40% of the existing consumers are not able to afford even the minimum household electricity requirement.2 Read More →
There were recent write-ups citing current problems in Cyprus and questioning if there is a possibility of a similar financial crisis hitting Sri Lanka. Having seen the happenings at close quarters during stints in Brussels and later in the Czech Republic, I would like to express my views on the subject as it is most important for all to keep our calm. Read More →
Letters to the Editor email:email@example.com It is of paramount importance that cost of electricity consumption be reduced. It is the duty of the Government and consumers to consider ways of achieving this target. Read More →
By Jaliya Wickramasuriya As economic and political power shifts east, Western nations are responding by reinforcing trade and security alliances across Asia. With the US-Korea Free Trade Agreement, a new military base in Australia, and deepening alliances across the region, the US has recommitted to the Asia Pacific. As President Obama’s foreign policy pivots to Asia and the vision of ‘America’s Pacific Century’ unfolds, US strategic relations with Sri Lanka must also be examined. Read More →
Consumers must keep strict eye on meters Latest power price hike does little to make CEB accountable Little incentive for saving power By Uditha Jayasinghe Increases in electricity prices always cause much debate and in the melee, much misinformation is freely bandied about in an effort to understand the necessity of this extra pain. Read More →
By Sunil Karunanayake Very recently Sri Lanka proudly welcomed its second international airport. It is difficult to state whether a second airport is a necessity. However, a large number of Sri Lankan expatriates returning home through Mattala were quite pleased about the new development. During the period of war, there was a certain amount of fear and uncertainty after our only airport was attacked. It’s a credit to the Government of Sri Lanka for ending the 30-year war that affected the lives of the all people, rich and poor, from all communities. Read More →
N.K. Iilangakoon is the man most indefatigably regal in Khaki; his billet as IGP laps it up. Over the years I have been ratherishly palsy-walsy with a few Inspectors General of Police but not the current Chief. So I may not know enough; I never do but will anyway say that the man comes a cropper in the fine art of keeping one’s job. He doesn’t seem to have a clue on the meaning of “Aye, aye, Sir,” the idiomatic military-like response to one’s masters. Read More →
The Pathfinder Economic Alert Emerging political and diplomatic tensions The sessions of the UN Human Rights Council (UNHRC) have raised a number of issues regarding the conduct of Sri Lanka’s international relations. The Pathfinder Foundation (PF) does not wish to get involved in areas of politics, diplomacy or human rights. However, the course of the country’s international relations will have a crucial bearing on its economic prospects. There are serious concerns that have arisen about the policies and actions of the US, Europe and India, as well as some other countries supportive of the US-sponsored resolution. Sri Lanka already has advantageous economic relations with a number...
An exclusive interview done in Colombo in 1998 with eminent management accounting Guru Professor Robert Kaplan of Harvard Business School By Dinesh Weerakkody Q: This being your first visit to Sri Lanka, what are your impressions of Sri Lanka? A: I have not seen much of your country. However, I noticed that Colombo is a very busy area, very crowded and lots of traffic. Q: In what areas do you teach, consult and research? A: My research, teaching and consulting focuses on new cost and performance measurement systems, mainly Activity Based Costing (ABC) and Balanced Scorecard. Also, I teach at Harvard Business School and have authored and co-authored many books and papers. Q: Was it...
It is a rare privilege to be with you here today. The Sri Lankan leader and politician in whose name this organisation and institute operates symbolises a mix of courage, determination, intellect and achievement I am pleased and honoured to salute. He was a builder, an internationalist, a steadfast opponent of terrorism who symbolised the best of the human spirit – resolute, determined, insightful and courageous. Read More →