FT View

Supporting startups

Views - 39 Thursday, 7 June 2018 00:00

The International Finance Corporation (IFC) has decided to make a $ 2.5 million venture capital investment in PickMe, a Sri Lanka-based tech-started that started a ride-hailing business. The move could well be a stepping stone to other local startups

BOT and public service

Views - 81 Wednesday, 6 June 2018 00:00

Prime Minister Ranil Wickremesinghe recently received Cabinet approval to allow government departments and ministries

Environment protection

Views - 38 Tuesday, 5 June 2018 00:00

World Environment Day has increased in importance over the years, as the public becomes more aware of how important protecting the environment is to human wellbeing. Perhaps the single largest cause that has caught public attention in recent years is

Managing microfinance

Views - 109 Monday, 4 June 2018 00:00

The Government has decided to write off microfinance loans obtained by farmers hit by drought last year in an effort to reduce indebtedness and boost rural economies.

Politics and free speech

Views - 36 Saturday, 2 June 2018 00:06

President Maithripala Sirisena, during a speech on Thursday, had warned that he would limit social media if its impact is not controlled and blamed the medium for a variety of ills, including influencing the judiciary and mudslinging campaigns agains

Recruitments that count

Views - 57 Friday, 1 June 2018 00:00

Giving yet another signal that the Government is preparing for elections, Cabinet this week approved the recruitment

Developing the north

Views - 52 Thursday, 31 May 2018 00:00

Development in the Northern Province received additional attention recently after Prime Minister Ranil Wickremesinghe visited the region. During his visit, Wickremesinghe spoke of the need to link the Northern Province to the larger Sri Lankan econom

SLC under the spotlight

Views - 67 Wednesday, 30 May 2018 00:00

With Sri Lanka Cricket elections set to take place on 31 May, like clockwork, matters long swept under the carpet have slowly but surely begun creeping back into public discourse.

Voters’ Day

Views - 49 Tuesday, 29 May 2018 00:00

With election fever symptoms seen across all political parties, the Elections Commission will launch a National Voters’ Day program this week to encourage the public to register to vote. However, they may find it an unexpected hard task. Recent

Healthcare for the future

Views - 56 Monday, 28 May 2018 00:00

Fitch in a recent study outlined how Sri Lanka’s private healthcare companies will do well given the country’s aging population but there is still the challenge of access.

Election financing

Views - 46 Saturday, 26 May 2018 00:24

The ongoing investigation into the activities of Perpetual Group has uncovered that its subsidiary Walt and Row Associates had paid significant amounts of money to top officials, including Parliamentarians. MP Dayasiri Jayasekera on Friday admitted i

Housing for all

Views - 41 Friday, 25 May 2018 00:00

The Government recently announced plans to launch multiple housing projects in Colombo and its suburbs for low income families

Tax files

Views - 106 Thursday, 24 May 2018 00:00

Finance Minister Mangala Samaraweera this week revealed that 46,000 new tax files had been opened since the new Inland Revenue Act came into effect on 1 April. This is a positive start and indicates that the new law is helping to broaden the tax net

Reforming railways

Views - 94 Wednesday, 23 May 2018 00:00

In Sri Lanka investment in transport is often discussed in terms of highways but railways often get lost in the discourse because

Venezuela’s big battle

Views - 81 Tuesday, 22 May 2018 00:00

Elections are important because they are the catalyst for meaningful change - but sometimes people visit the polls without achieving change. This was the result in Venezuela last weekend, where colossal mismanagement has dismantled an entire economy

Growing the financially literate

Views - 69 Monday, 21 May 2018 00:00

Financial inclusion, which is giving people access to the financial system of a country, can only be effective if individuals are aware of the risks they are taking and have the ability to be strategic in the way they make use of the financial system

Taxes and SOEs

Views - 237 Saturday, 19 May 2018 00:57

The State must not just impose taxes, it must pay them as well. Taxes that are imposed by the Government have to be paid by the public employees of state-owned enterprises (SOEs) and other entities, as well as by the private sect

The immigration discourse

Views - 93 Friday, 18 May 2018 00:00

Debate on Sri Lanka’s efforts to sign trade deals has now largely devolved into a debate on immigration. Professional

Economic planning

Views - 95 Thursday, 17 May 2018 00:00

Economic planning or any planning for that matter at Government level needs to have clarity, consistency and transparency. It also requires important people at the top giving clear policy direction so that all the nuts and bolts of a system can be pu

Subsidy structuring

Views - 55 Wednesday, 16 May 2018 00:00

The recent fuel price increase has re-focused the spotlight on Government subsidies and how they can be best structured by

Trade in the age of FTAs

Views - 77 Tuesday, 15 May 2018 00:00

Focus has returned to the Sri Lanka-Singapore FTA signed in January with professional organisations once again raising protests over its supposed impact on trade and expectations by the Government to ramp up legal protection ahead of other FTAs with

Mirissa and illegal construction

Views - 151 Monday, 14 May 2018 00:00

The recent removal of illegal constructions along Mirissa beach received much attention as the Government and industry gathered together to protect the tourism industry and support its service standards.

Evergreen Mahathir

Views - 87 Saturday, 12 May 2018 00:49

The world, ever-ready to buy into an underdog story, is abuzz over the win of Mahathir Mohamad, who at the age of 92 has become the world’s oldest elected leader. Mahathir’s win proves once again that in politics there are no permanent winners or

Nutrition for development

Views - 46 Friday, 11 May 2018 00:00

Over half of Sri Lanka’s population is female but despite a much-lauded public health system there remain critical gaps in providing adequate nutrition for them and giving the best start to children.

Modernising agriculture

Views - 75 Thursday, 10 May 2018 00:00

The European Union has pledged Rs. 810 million in technical assistance to the Sri Lankan Government to modernise agriculture, which comes on top of a $ 125 million dollar loan from the World Bank in 2016 for the same task. Yet Sri Lanka’s agricultu

Political pulse

Views - 54 Wednesday, 9 May 2018 00:00

In recent years May Day rallies in Sri Lanka have become forums to detect the political pulse of key political figures and the possible policy

May Day

Views - 59 Tuesday, 8 May 2018 00:00

May Day, as everyone knows, is about workers’ rights and, as such, is intricately linked to politics and democracy. But complex economic growth linked to globalisation has put these rights under threat, making their protection a growing challenge.

A step for justice

Views - 45 Saturday, 5 May 2018 00:00

President’s Chief of Staff, I.H.K. Mahanama, along with State Timber Corporation Chairman Piyadasa Dissanayake being arrested by the Bribery and Corruption Commission on Thursday sparked renewed interest in the Government’s good governance drive.

Giving direction

Views - 51 Friday, 4 May 2018 00:00

The Cabinet reshuffle this week was followed by mixed news from the Central Bank, which pointed out that while Sri Lanka’s

Protecting freedom of expression

Views - 40 Thursday, 3 May 2018 00:00

Today is World Press Freedom Day when governments around the globe reconfirm their commitment to this all important fundamental right to information. Yet there is a palpable change in the air as the celebrations fell just days after Malaysia jailed a

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

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