Coronomics – Plan your eggs and the basket!

Views - 385 Thursday, 6 February 2020 00:00

Coronomics is about the economic fallout with the coronavirus or that is what my intention was when coining the word. The new coronavirus has tipped the scale of discussion to an emerging global pandemic and a consequent economic meltdown as well. A

Financial consumer protection is not a destination, it’s a journey

Views - 362 Thursday, 6 February 2020 00:00

Human greed for the wealth is not a recent phenomenon. It has been there ever since the existence of mankind on earth. People’s greediness for money makes them vulnerable to undertake various fraudulent transactions, scams and deal in unauthorised

Coronavirus – a brand war?

Views - 550 Wednesday, 5 February 2020 00:10

China has been a trailblazer, growing at 40.5% in brand value over the last year. Believe it or not, the year-on-year net growth of brand China increased by $5.6 trillion dollars to $19.7 trillion. In contrast, the number one brand USA grew by just 7

Towards a globalised Sri Lanka

Views - 384 Wednesday, 5 February 2020 00:00

These were the words uttered by S.W.R.D. Bandaranaike to a crowd that had gathered near his ancestral home after his return from Oxford in 1925. As the son of Sir Solomon Dias Bandaranaike, the ‘maha mudaliya’ of the Colonial administration, the

The other side of this sun

Views - 184 Tuesday, 4 February 2020 00:43

Don’t look now, but there’s a shadow across the noonday sun. It’s not big or dark enough for bright eyes filled with the beauty of the world to see it on this of all days. But if you stop being businesslike for oh so long enough, you just might

Review bond scam reports and be your own judge of prosecution options: Part 2

Views - 198 Tuesday, 4 February 2020 00:34

Attempt to commit, and abetment of, an offence under this Part 25. (1) A person who attempts to commit or to cause the commission of an offence under this Part of this Act and in such attempt does any act towards the commission of that offence shall

The reported losses to be taken with a pinch of salt

Views - 13232 Monday, 3 February 2020 00:20

Asani, the bright Advanced Level student and her grandfather – Sarath Mahatthaya – a well-read retiree, are having intellectual discussions frequently on current issues of public interest. Earlier, they had two such interactive sessions, one on M

Review bond scam reports and be your own judge of prosecution options

Views - 266 Monday, 3 February 2020 00:18

One media station tagged the bond scam as the greatest financial loss inflicted on the nation since its independence. The million dollar question yet remaining unanswered however is, “will the truth, the extent of the scams, the long-term impact on

Confidence in China and no need to fear

Views - 140 Monday, 3 February 2020 00:15

At the moment, there still are new cases every day of the novel coronavirus (2019-nCoV) while the great efforts of Chinese authorities have made fighting against the epidemic have won appreciation, recognition as well as kindness and support from the

Aircraft in the next decade: Part 2

Views - 305 Monday, 3 February 2020 00:10

The certainties of the aerospace industry were shaken to the core in 2019. Boeing, once the darling of Wall Street, the strongest engineering company in the world and poster boy of American industrial might, has been humbled. The ongoing fallout fro

Rama, Ravana and Ranjan

Views - 280 Saturday, 1 February 2020 01:03

It could be said that Sri Lanka is a country where fact and myth must necessarily mix. Facing the unflattering realities of the here and now, consolation for us, is in the legend. The fable, not only legitimises the present, it exalts the past.

Asia will have to brace for a tough year ahead

Views - 314 Friday, 31 January 2020 00:04

The World Health Organization has warned all governments to ‘take action’ over the SARS-like virus that originated in Hubei China. Top economists estimate that 90% of the economic impact from health epidemics stems from people’s fear of the unk

Brexit and beyond: Strategising British foreign policy in 2020 through the Commonwealth

Views - 285 Friday, 31 January 2020 00:02

As the United Kingdom exits the European Union, and Euro-sceptics draw parallels to a doomsday scenario, in which more members will opt to leave, it is relevant to reflect upon the United Kingdom, the country that is to be directly impacted in the mo

Degeneration of Parliament exposed

Views - 615 Friday, 31 January 2020 00:02

From an architectural point of view, Sri Lanka had a parliamentary building near Galle Face which looked majestic and fitting for a Parliament. The affairs of the old Parliament were carried out in this building in an optimum and dignified manner fro

The ABCs of the Wuhan illness

Views - 353 Friday, 31 January 2020 00:00

The current global healthcare sending waves of fear and shock throughout the world is the Wuhan illness or more popularly known as the coronavirus. While it is easy to get caught in the circle of panic caused by news or social media, exercising patie

Indian Consul brings high culture to Jaffna

Views - 326 Thursday, 30 January 2020 02:05

India’s Jaffna Consul S. Balachandran I have just attended a never-to-be-missed function of the 70th anniversary of the Republic Day of India, hosted by the Jaffna Consulate for India at Tilco Hotel on 26 January. It was great! What a Consul does i

Why 19A must be revised but not repealed

Views - 360 Thursday, 30 January 2020 00:00

There are three distinct positions on the issue of the executive presidency: abolition (the neoliberal position), full restoration by rolling back 19A (the neo-conservative position) and moderate reform, rebalancing the system, making for separation

Renewable energy: President’s target sabotaged by corrupt officials

Views - 524 Thursday, 30 January 2020 00:00

The continuous electricity supply to citizens has become a serious problem. Since the establishment of the Norochcholai coal power plant in 2011-2014, no major power plant has been constructed. In 2012, for the first time in history, import of petrol

Quality education stimulates social and economic growth: A look at Sri Lanka

Views - 355 Thursday, 30 January 2020 00:00

The International Day of Education is celebrated every 24 January, recognising the role of education for peace and development by the United Nations. By declaring a day for education, the United Nations further manifests its determination to reach it

Stock market, Mark Mobius and State entities

Views - 263 Wednesday, 29 January 2020 00:05

The expert of emerging capital markets, Mark Mobius was in Sri Lanka recently. A key recommendation he made for the development of the local capital market was to list certain State entities in the Colombo stock market. The local stock brokerages se

Development project information: Public expectations and their right to know

Views - 181 Wednesday, 29 January 2020 00:00

Infrastructure development will be at the centre-stage during the next five years, irrespective of which mainstream political party will be in power. This writer has previously had articles published in the Daily FT on building regulations, infrastr

Freedom! Freedom! Where art thou?

Views - 109 Wednesday, 29 January 2020 00:00

Freedom: who could object? Yet this word is now used to justify a thousand forms of exploitation. In the name of freedom – the freedom of the powerful to exploit the weak, the rich to exploit the poor. The definition of freedom is, the condition of

Trump destroying brand USA: Implications for Sri Lanka

Views - 289 Wednesday, 29 January 2020 00:00

There is an old adage that ‘politics and tourism’ has a positive correlation. Many have tried to disprove this aspect but the relationship is coming out very strongly, the latest case study to the world being in the United States.

Autocatalytic descent from plural democracy to supremacist authoritarianism

Views - 231 Wednesday, 29 January 2020 00:00

In a few days, Sri Lanka will celebrate its 72nd year of independence from colonialism. But behind the pomp and pageant of that celebration is a sad reality of an autocatalytic process – a small initial event triggering a chain reaction that evolve

Strategies towards the vision of ‘Clean Country – Green Environment’

Views - 241 Tuesday, 28 January 2020 01:55

Sri Lanka is a small island in South Asia. In early times, it was named the Pearl of the Indian Ocean. But what is happening to the pearl now? As a result of urbanisation and increase of population, environmental issues related to solid waste are inc

Has Sri Lanka really understood India’s economic potential?

Views - 505 Tuesday, 28 January 2020 01:17

India, a land with a diverse culture and heritage, is no doubt the centre of the South Asia that can take rest of the countries surrounding it to greater economic prosperity within the next few decades. This article is not a technical analysis of Ind

A challenge for President Gotabaya Rajapaksa: The societal, economic and political debt

Views - 262 Tuesday, 28 January 2020 01:05

The challenges before President Rajapaksa in balancing and striving towards balancing the societal, economic and political balance sheets is enormous. Although shown separately, these three are interconnected and interdependent, therefore requiring a

Gota’s ‘Viyathmaga’ to the future

Views - 265 Tuesday, 28 January 2020 00:01

Any critical assessment of President Gotabaya Rajapaksa must take into consideration the salient characteristics that make him stand out from the run-of-the-mill politicians who had occupied the peaks of power.

Bitter reality of a battered fraction: ‘Vishama Bhaga’ displays the ‘Other Half’

Views - 611 Monday, 27 January 2020 00:00

I was surprised to hear that the first time in Sri Lankan cinema, a movie had won 50 awards and yet has not received the needed recognition from us. It is the first Sinhala film produced by a Buddihst monk with the noble aim of donating the entire pr

A child’s guide to price determination in the market: Tax cuts won’t always reduce prices

Views - 5190 Monday, 27 January 2020 00:00

Asani has been an alert student reading for her Advanced Level exam. She is an inquisitive student and makes it her business to probe into matters that are economics about which she has no clear understanding. Fortunately, her Grandfather – Sarath

Today's Columnists

Withering of expectations and prospects of new ones

Friday, 21 February 2020

The election of Gotabaya Rajapaksa as President at the last Presidential Election can be said to have been the ultimate wish of the majority of Sinhala Buddhist people. Yet, the people were not aware that the President they were electing does not hav

Upsurge of populism

Friday, 21 February 2020

“Populism: denies the pluralism of contemporary societies. It promotes hostility to “enemies” and flirts with violence. It is generally gripped by a territorial mentality that prioritises borders and nation states against ‘foreigners’ and

Diplomatic drone strike, Indo-Lanka equation and constitutional change

Thursday, 20 February 2020

The ‘diplomatic drone strike’, the dramatic US strictures against the Army Commander, Lt. Gen. Shavendra Silva, tells us that Big Brother IS watching. This isn’t the usual suspects, its way out of their league. This is the Big League, the big b

Solar and wind power can resolve electricity crisis, early and cheaper, if allowed

Thursday, 20 February 2020

The country is facing the worst power situation in the history, with electricity generation being unable to meet the demand, with generation costs among the most expensive in the world. With the current scenario, the country cannot be expected to com

Columnists More