Columnists

Finishing the job of ending poverty in South Asia

Views - 76 Thursday, 18 October 2018 00:00

“I have a four-year-old son back in my village. I want to make a better life for him,” says Sharmin Akhtar, a 19-year-old employee in one of Dhaka’s many flourishing garment factories. Like thousands of other poor women, Sharmin came down to B


1/3 of your training budget should be spent on developing leaders for boosting corporate performance

Views - 126 Wednesday, 17 October 2018 00:00

“Great companies spend an average of 32% of their training budget on leadership development.” – Brandon Hall’s leadership survey The highest Return On Training Investment (ROTI) comes from helping your managers sharpen the leadership skills


Economy in disarray, banks flourishing; can this be true?

Views - 618 Wednesday, 17 October 2018 00:00

It is earlier reported that the growth in bank credit accelerated in August despite the tight credit and money conditions and rising non-performing loans in the banking sector. It is further reported that the year-on-year (YoY) growth in credit accel


Responsible water stewardship in Sri Lanka

Views - 154 Wednesday, 17 October 2018 00:00

Unlike many of our regional neighbours, Sri Lanka is blessed with an abundant water table. However, many companies do not feel the full value of this precious resource due to the limited regulation and monitoring of fresh water extraction for busines


Depreciating rupee: Avoiding a money-go-round

Views - 618 Wednesday, 17 October 2018 00:00

Sri Lanka’s excessive reliance on foreign capital to finance investment under favourable external financial conditions is now leading to disruptions, as those conditions change in a decisive interest rate tightening phase in the United States. As U


Australian Labor Party Action Plan and takeaways for Sri Lanka

Views - 109 Tuesday, 16 October 2018 00:00

The Australian Labor Party (ALP) launched its Fair Go Action Plan recently, highlighting the following eight points: nTo get the government and the economy working for the people. nTo put people first. nTo get country’s priorities back. nTo fix


The process that brought in the new Chief Justice is a Yahapalanaya achievement

Views - 393 Tuesday, 16 October 2018 00:00

Cheers to Chief Justice Dep! We saw Justice Priyasad Dep come and now we see him going into retirement. The fact that a judge cannot get an extension is also sacrosanct; because if that was permitted it could lead to abuse, with judges giving decisi


Falling rupee and sliding economy

Views - 296 Tuesday, 16 October 2018 00:00

The Central Bank (CB) seems to have given up its effort to defend the depreciating rupee. Not that it does not want to but that it cannot because there are no more reserves to gamble with. The CB, however, is trying to put a positive spin on the surr


The fate of the rupee: Time to stop playing the ‘blame-excuse-blame games’

Views - 3060 Monday, 15 October 2018 01:27

As I have presented in a previous article titled ‘Rupee’s Sad Destiny of One-way Journey to Depreciation’ (available at: http://www.ft.lk/columns/Rupee-s-sad-destiny-of-one-way-journey-to-depreciation/4-654254), it has been a historical tragedy


What is inflation targeting?

Views - 271 Monday, 15 October 2018 01:26

“Given that Sri Lanka is a twin deficit country, in terms of budget deficit and current account deficit, the chances that Sri Lanka attracting new money at this juncture is very minimal indeed.


Liberalisation of shipping: Fact or fiction?

Views - 419 Monday, 15 October 2018 00:00

Sri Lanka’s Finance Minister Mangala Samaraweera wrapped up the 2018 budget debate promising to end the country’s ‘nanny state’ approach, and expressed his determination to press ahead with radical liberalisation.


Rwanda: An inspiration for Africa

Views - 910 Monday, 15 October 2018 00:00

Rwanda, one of the fastest growing economies in the world, the Singapore of Africa as it’s referred to, is rebranding itself as an economic miracle.


Flip-flopping in Maldivian politics makes prediction difficult

Views - 84 Saturday, 13 October 2018 00:10

It is said that politics is the art of the possible. In other words, politics is about what is possible and opportune, and not necessarily what is best or morally right. Maldivian politics and institutional functioning exemplify this, with opportunis


The public sector: The paradise where age is a blessing in disguise

Views - 324 Saturday, 13 October 2018 00:10

The Sri Lankan public sector is a symbol of equality, at least, in terms of employees’ age. I would say that the public sector is a unique place to work. Naturally, a public sector employee expresses empowerment and authority, because he or she re


At what value of the rupee will Central Bank think it needs to stop the depreciation? 200? 250? 300?

Views - 458 Friday, 12 October 2018 00:00

By Ajith Nivard Cabraal In Aesop’s Fables’ ‘The Fox and the Grapes,’ the fox, when it finds that it is unable to reach the grapes it is seeking, claims that the “grapes are sour” and hence it’s not worthwhile reaching for the grapes. I


Understanding the current industry trend towards bespoke tourism

Views - 363 Friday, 12 October 2018 00:00

Bespoke tourism is growing in popularity around the world. The reason for this is because it’s similar to choosing between off-the-rack suits over tailor-made suits. No matter how good the design is, a bespoke version is going to fit you much bette


Lankan stock market needs serious State intervention

Views - 426 Friday, 12 October 2018 00:00

The ASPI decreased eight points or 0.14% to 5,872 on Wednesday 10 October from 5,880 in the previous trading session and on Thursday down to 5,840. Historically, the Sri Lanka stock market (CSE All Share) reached an all-time high of 7,811.82 in Febru


Integration of global value chains for sustainable tourism development in Sri Lanka

Views - 180 Thursday, 11 October 2018 00:00

Inclusiveness, coopetition and innovation Sustainable tourism is the concept of visiting a place as a tourist and trying to make a positive impact on the environment, society and economy. Tourism can involve primary transportation to the general loc


Indonesia: An indifferent god?

Views - 127 Thursday, 11 October 2018 00:00

I am at a loss to make sense of the terrible catastrophe in Indonesia. At the time of writing, I watched on Al Jazeera how a pathetic, large-scale human tragedy was unfolding in the Indonesian province of Sulawesi. A 7.5 magnitude colossal earthquak


Sri Lanka power system expansion and national security implications

Views - 224 Thursday, 11 October 2018 00:00

The national power system expansion debate continues with the fossil fuel and renewable energy (RE) options under consideration. Embarking on a program to rapidly harness RE resources will bring direct economic benefits to the nation and negate the n


Miracle on the Han River: Can Kelani emulate?

Views - 395 Thursday, 11 October 2018 00:00

If a country has grown with science and technology driven by its own internal research and development and deployment, Korea should enter into anyone’s mind – or does it? Certainly when one hears the story of the miracle on the Han river, the sto


When dining with the devil, use a long spoon said William Shakespeare

Views - 767 Thursday, 11 October 2018 00:00

I start with two confessions – firstly, I am no hero, in fact I am still but a victim who has hope of overcoming the said syndrome; on the other hand I have reaped the benefits of social media and the rapid ripple effect it can offer. Secondly, eve


Indian Ocean economy: Renewed opportunities for Sri Lanka

Views - 254 Wednesday, 10 October 2018 00:00

As Sri Lanka gears up to host ‘The Indian Ocean: Defining Our Future’ conference this week, it is worth examining the benefits that Sri Lanka stands to gain from greater engagement with over two dozen countries, spanning three continents, across


The geopolitics of ports and the silk road of the sea

Views - 272 Wednesday, 10 October 2018 00:00

The expertise of a country’s diplomats and the effectiveness of its armed forces are not the only variables determining its rise. Geographical factors must also be considered. Influencing the overall prosperity of a nation are its access to raw mat


Trade is our way out

Views - 262 Wednesday, 10 October 2018 00:00

When you look at the graphs, it’s not difficult to understand the long term reason for the pressure on the currency. Seen is the data for merchandise exports and the external current account balance from 1970. Look at the trend. See how the proble


Where are women’s voices in media?

Views - 174 Wednesday, 10 October 2018 00:00

Sri Lankan media does not have the best track record of covering issues related to women. Sometimes their mistakes are rather explicit – like publishing identifying details about survivors of sexual violence, publishing images that infringe on the


A fork in the road: IPCC’s ‘Special Report on 1.5 Degrees’ and the future of the world

Views - 146 Wednesday, 10 October 2018 00:00

Climate change is real, and its impacts cannot be overstated. Climate change is happening now and happening everywhere, from developing to developed nations, from North to South and East to West. The 2015 Paris Agreement has set the governments of th


Clear national strategy results in strong brands

Views - 237 Wednesday, 10 October 2018 00:00

Last week the Daily FT-Colombo MBA Alumni Association staged the first-ever pre-Budget Forum dedicated to women entrepreneurs and professionals. If one were to conceptualise the presented proposals, they hinged on two points. The first was the overa


Sinhala Buddhism and the historic struggle of Ananda College Colombo

Views - 1064 Tuesday, 9 October 2018 00:00

In 2011, when Ananda College Colombo celebrated its 125th anniversary, having gone through the contributions made by non-Sinhalese and non-Buddhists towards building up the great school, it was decided to have an annual encounter of cricket between A


Dollar/rupee conundrum and the need for a balanced economic policy

Views - 192 Tuesday, 9 October 2018 00:00

During the last nine months of the present year (January-September 2018), the rupee depreciation had been nearly 10%, and that is what has prompted the Government and the Central Bank to take some measures (at the last moment). The situation has also


Today's Columnists

Finishing the job of ending poverty in South Asia

Thursday, 18 October 2018

“I have a four-year-old son back in my village. I want to make a better life for him,” says Sharmin Akhtar, a 19-year-old employee in one of Dhaka’s many flourishing garment factories. Like thousands of other poor women, Sharmin came down to B


Depreciating rupee: Avoiding a money-go-round

Wednesday, 17 October 2018

Sri Lanka’s excessive reliance on foreign capital to finance investment under favourable external financial conditions is now leading to disruptions, as those conditions change in a decisive interest rate tightening phase in the United States. As U


Responsible water stewardship in Sri Lanka

Wednesday, 17 October 2018

Unlike many of our regional neighbours, Sri Lanka is blessed with an abundant water table. However, many companies do not feel the full value of this precious resource due to the limited regulation and monitoring of fresh water extraction for busines


Economy in disarray, banks flourishing; can this be true?

Wednesday, 17 October 2018

It is earlier reported that the growth in bank credit accelerated in August despite the tight credit and money conditions and rising non-performing loans in the banking sector. It is further reported that the year-on-year (YoY) growth in credit accel


Columnists More