FT LITE

In the desert of Tamil films, actor Sivaji Ganesan was an oasis

Views - 2328 Saturday, 22 September 2018 00:15

‘Indian Film,’ first published in 1963 and co-authored by former Columbia University Professor Erik Barnouw and his student Dr. Subrahmanyam Krishnaswamy, is considered a seminal study of the evolution and growth of Indian cinema. The book is cit


Imran may turn blind eye to blasphemy law and persecution of Ahmadiyyas

Views - 364 Saturday, 22 September 2018 00:00

There are clear signs that Pakistan’s freshly minted Prime Minister, Imran Khan, will make a sincere effort to reduce corruption and maladministration in the domestic sphere. In foreign affairs he is likely to make a brave attempt to mend fences wi


Red flag over the Sri Lankan Navy

Views - 410 Friday, 21 September 2018 00:00

Shocking story Rusiripala, a former banker in Sri Lanka, who has taken to writing in Daily FT, is perturbed by the red flag I have raised (Daily FT article 18 September) over the shocking charge that our Navy had operated a ransom gang that had abduc


The rate of exchange, capital flight and the Central Bank

Views - 520 Friday, 21 September 2018 00:00

The Central Bank (CBSL) exists for the sole purpose of price stability. Its controls on the financial system and monetary policy exist to maintain price stability. As put forth many times by the Governor, the failing of the CBSL to control inflation


The bald truth about fake news, etc.

Views - 187 Friday, 21 September 2018 00:00

In its most innocent forms, we may all enjoy a bit of ‘fake news’ and go to bed with a lighter heart and clean conscience. A meme on Facebook urging social media consumers to caution – “You can’t believe everything you read on the internet


Withholding Taxes – What, why, when?

Views - 315 Thursday, 20 September 2018 23:05

The tax regime in Sri Lanka historically imposes WHT on both domestic as well as cross border payments. WHT on domestic payments eases revenue collection (e.g.: PAYE) while WHT on cross border payments are adopted by most countries to ensure that the


Modi celebrates birthday whilst making India strong – Lesson for SL

Views - 234 Thursday, 20 September 2018 00:00

The Indian Prime Minister celebrated his birthday earlier this week in the backdrop of India growing at a blistering performance of 7.1%. The January-March quarter saw the highest GDP growth in the last seven quarters with India becoming the sixth la


There is smoke in the eyes of those who do not want to see!

Views - 330 Thursday, 20 September 2018 00:00

Shyamon Jayasinghe, a former citizen of Sri Lanka, now living in Victoria, Australia, writing to Daily FT in a Guest Column article has given an old college try at the President of Sri Lanka by announcing about a cloaked portentous writing on the wal


STEAMing STEM – Moving from horoscopes to telescopes!

Views - 192 Thursday, 20 September 2018 00:00

Walking into an inventors’ exhibition should give one an experience similar to an immersion into the future. The world change with inventions and inventors lead the change. The creativity displayed is an indicator of the creativity of the society f


Maximum Residue Level: Dilemma of agricultural product exporters in Sri Lanka

Views - 199 Wednesday, 19 September 2018 00:00

Due to increased emphasis on consumer health, majority of developed countries such as EU, Japan and the US insist on MRL testing of food items which has to be done by the exporter. The Codex Alimentarius Commission which is an inter-governmental bod


President Sirisena, playing with fire, must take note that smoke will get into his eyes

Views - 366 Tuesday, 18 September 2018 00:00

Penchant for playing with fire President Gamaralalage Sirisena has always had a penchant for playing with fire. He did fire-play at the local government elections when he made a disastrous U-turn and went round country blasting the party and its lea


East Container Terminal blunder: Learn from Chinese

Views - 647 Tuesday, 18 September 2018 00:00

Minister for Ports and Shipping Mahinda Samarasinghe informed the press in August that Cabinet has approved the development of East Container Terminal (ECT) of Colombo Port by the Ports Authority. According to approval: nPorts Authority would develop


Part III of the Central Bank Anniversary Oration Central Bank should play role of a smart wife to mo

Views - 259 Monday, 17 September 2018 00:00

In Parts I and II of this series, it was presented that Central Banks, created by society and not by politicians, have the mandate to preserve the value of money which the public holds on trust. The Central Banks could do so by producing money by usi


Return of EPF to Colombo stock market

Views - 204 Monday, 17 September 2018 00:00

I refer to the news report on 18 September and welcome the news since the stock market can provide greater returns to the Employees Provident Fund contributors and also promote economic growth.


Lies, damn lies and unbelievable manipulations of FTAs and New Trade Policy

Views - 518 Monday, 17 September 2018 00:00

According to the media reports, the President, taking into account the concerns of some professional associations, has appointed a Committee of Experts led by Professor W.D. Lakshman to revisit the Sri Lanka-Singapore FTA and the New Trade Policy (NT


Understanding the debt trap: Nothing but simple arithmetic

Views - 556 Monday, 17 September 2018 00:00

Prime Minister Ranil Wickremesinghe, speaking recently at the World Economic Forum in Vietnam, denied that Sri Lanka was in danger of spiralling into a debt trap from excessive Chinese borrowings


Response to claims that Sri Lanka was in a ‘debt trap’ in 2014 due to ‘Chinese loans’

Views - 655 Monday, 17 September 2018 00:00

Several Western analysts have carried out a relentless media campaign in keeping with their own geopolitical agenda, to suggest that China was luring Sri Lanka into a carefully engineered debt trap.


Tanya Ekanayake releases second solo album, ‘ Twelve Piano Prisms ’

Views - 4360 Saturday, 15 September 2018 00:21

‘Spotlight’ shines this week on a remarkable Sri Lankan woman whose qualitative contribution to the realm of music has been noteworthy. Although devoted in principle to films, film personalities and film-related matters, this column will deviate


Possibility of a common democratic woman candidate ?

Views - 217 Saturday, 15 September 2018 00:10

The best possible scenario for the future of democracy in Sri Lanka would be to field a ‘common democratic candidate’ for the next presidential elections against a Rajapaksa candidate. Given both the omissions and commissions of the so-called Yah


Northern Provincial Council’s demands out of sync with geo-political realities

Views - 161 Saturday, 15 September 2018 00:00

The Provincial Council of Sri Lanka’s Tamil-majority Northern Province on Tuesday unanimously passed a resolution which put forth three very radical demands to the UN Human Rights Council (UHRC). But these hyperbolic demands seem to be unrealistic


Why now could be a good time to fortify your Android defences

Views - 56 Friday, 14 September 2018 00:00

Stop us if you’ve heard this before: avoid installing apps from outside Google Play. But what if you’re itching to battle it out in Fortnite? First, a quick recap: Epic Games has decided to eschew distributing the Android version of its blockbust


Common sense of Sri Lanka-Singapore FTA

Views - 617 Friday, 14 September 2018 00:00

Market access to Singapore was not a problem for Sri Lanka even before the Sri Lanka-Singapore Free Trade Agreement (SLSFTA). Singapore is one of the world’s most open economies and 99% of all imported goods enter duty-free and there are few banned


The peril of low “economic complexity’: Endangering Sri Lanka’s future prosperity

Views - 326 Friday, 14 September 2018 00:00

Improving hygiene factors are a necessity, but sustainable export growth can be achieved only by building new productive capacities. Sri Lanka was the 61st largest economy in 2017 according the International Monetary Fund’s (IMF) GDP (PPP) estimate


Skilled foreigners to compete with Sri Lankans for jobs; or what?

Views - 287 Friday, 14 September 2018 00:00

There is a perception that the Government will allow skilled foreigners to compete with our citizens for good jobs. The GMOA has said professionals such as doctors will be disadvantaged through the influx of human resources to the country through the


2030 Development Agenda for Sri Lanka

Views - 247 Thursday, 13 September 2018 00:00

In September last year, the President attended the United Nations Summit, at which world leaders endorsed the Sustainable Development Agenda 2030 with 17 goals and 169 targets. The leaders agreed to implement it at national level starting from 1 Janu


Nuts to you, my dear sir

Views - 1176 Thursday, 13 September 2018 00:00

We all know airline food isn’t much to write home about. So when a sitting president makes international headlines over it, you know something’s up. Whatever it is, it’s not our national carrier’s image or reputation. If it was low before and


Forgiveness is nothing but reconciliation

Views - 96 Wednesday, 12 September 2018 00:00

By Harsha Gunasena Rahul Gandhi, President of the Congress Party, India said at the Bucerius Summer School in Hamburg, Germany on 22 August 2018 that he and his sister Priyanka Gandhi Vadra were not happy after the terror group LTTE’s chief Prabhak


US withdrawal from Iran’s international nuclear agreement: Winners and losers

Views - 206 Wednesday, 12 September 2018 00:00

1. Introduction The aim of this article is to examine the US withdrawal from Iran’s international nuclear agreement known as Joint Comprehensive Plan of Action (JCPOA) and analyse its consequences. JCPOA is an agreement on the nuclear program of I


No time for different fuels; we are No. 4 in Climate Risk Index listing

Views - 342 Tuesday, 11 September 2018 00:00

There is absolutely no time for different fuels as suggested by Prof. Ajith de Alwis in his article titled ‘It’s time for different fuels; equations are only equations’. We are at No. 4 slot in German Watch’s Climate Risk Index listing, havin


Identities can be used to divide, they can also be used to unite; the choice is ours

Views - 193 Tuesday, 11 September 2018 00:00

Dear Member, your Council has completed more than half its term in elected office as we begin the month of August 2018. I think this is an opportune juncture to reflect upon what the SLMA set out to do at the beginning of the year and look towards th


Today's Columnists

In the desert of Tamil films, actor Sivaji Ganesan was an oasis

Saturday, 22 September 2018

‘Indian Film,’ first published in 1963 and co-authored by former Columbia University Professor Erik Barnouw and his student Dr. Subrahmanyam Krishnaswamy, is considered a seminal study of the evolution and growth of Indian cinema. The book is cit


Imran may turn blind eye to blasphemy law and persecution of Ahmadiyyas

Saturday, 22 September 2018

There are clear signs that Pakistan’s freshly minted Prime Minister, Imran Khan, will make a sincere effort to reduce corruption and maladministration in the domestic sphere. In foreign affairs he is likely to make a brave attempt to mend fences wi


The rate of exchange, capital flight and the Central Bank

Friday, 21 September 2018

The Central Bank (CBSL) exists for the sole purpose of price stability. Its controls on the financial system and monetary policy exist to maintain price stability. As put forth many times by the Governor, the failing of the CBSL to control inflation


Red flag over the Sri Lankan Navy

Friday, 21 September 2018

Shocking story Rusiripala, a former banker in Sri Lanka, who has taken to writing in Daily FT, is perturbed by the red flag I have raised (Daily FT article 18 September) over the shocking charge that our Navy had operated a ransom gang that had abduc


Columnists More