Columnists

Challenges in preserving and promoting Pakistan’s Buddhist past

Views - 247 Saturday, 20 October 2018 00:10

The international media has been portraying Pakistan as a hotbed of Islamic fundamentalism, especially after the Americans carried out a surgical strike there to kill international terrorist and fugitive, Osama bin Laden.


Pandemonium around condominiums – A public cry

Views - 216 Friday, 19 October 2018 00:00

Way of living There was a time we knew our neighbours. We knew them by names, what they were doing and even what they were planning to do next. Such a close interaction was generally required for co-existence and for mutual benefits, although, on occ


ERP in the Cloud: Realising the full potential for emerging markets

Views - 203 Friday, 19 October 2018 00:00

The world has witnessed a remarkable disruption and digital transformation in technology over the past few years. Many organisations have transitioned from large-scale, resource-intensive implementation exercises to operational investments with lower


Profit before principle: Khashoggi and US-Saudi relations

Views - 194 Friday, 19 October 2018 00:00

The mysterious disappearance of a Saudi journalist, Jamal Khashoggi, from inside the Saudi Embassy complex in Turkey on 2 October and an array of circumstantial evidence surrounding his disappearance lead one to suspect that Jamal was possibly abduct


Government’s cohabitation stuck in the past or what?

Views - 318 Friday, 19 October 2018 00:00

The appointment of career judge Nalin Perera as the new Chief Justice, who has served in the judiciary for over 30 years, provides a snapshot into President Maithripala Sirisena’s thought process, amidst various stories of clashes with his coalitio


When shame and honour take the hypocritical centre stage

Views - 268 Friday, 19 October 2018 00:00

As human beings, we experience a gamut of emotions. These help individuals to express themselves, and authorities to exercise control over entire societies. The most common feelings engendered by our race span a spectrum from guilt and shame to fear.


Finishing the job of ending poverty in South Asia

Views - 110 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 - 156 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 - 745 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 - 215 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 - 735 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 - 123 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 - 439 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 - 339 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 - 5105 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 - 291 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 - 473 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 - 1056 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 - 88 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 - 387 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 - 493 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 - 390 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 - 474 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 - 260 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 - 154 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 - 248 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 - 471 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 - 797 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 - 286 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 - 315 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


Today's Columnists

Constitutional paradox: There is no such thing called Election Commission

Wednesday, 14 November 2018

Our Constitution, which was certified by Parliament on 31 August 1978, has 19 amendments; the First Amendment to the Constitution was certified by the Speaker in the same year on 20 November. By the end of 1988, there had been 14 amendments made to t


‘So Sri Lanka’ – upgrade staff, processes, infrastructure at BIA arrivals to be world’s best!

Wednesday, 14 November 2018

24 October, time 12:47 p.m., place – my residence in Colombo My phone buzzes with a WhatsApp message from my old colleague Prasad Fernanado now with Saudi British Bank in Saudi. I am thrilled to see the message ‘Sri Lanka top country for travel i


Qatar crisis: From the Sri Lankans’ point of view

Wednesday, 14 November 2018

The aim of this article is to examine the Saudi blockade over Qatar and its impact in the past 17 months on the country. A special focus will be given to the Sri Lankan workers who have been living in Qatar for the past two decades. The reason why th


The reality of Sri Lanka – household end!

Wednesday, 14 November 2018

Whilst Sri Lanka is debating what is right and wrong on the governance of the country, the Sri Lankan household is falling part due to escalating costs, as per the latest data released by respected research agency Nielsen. For the seventh quarter in


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