Front Page,In Depth

Moody’s FAQ on SL's fiscal reforms, and exposure to liquidity and external vulnerability risks

Views - 466 Tuesday, 19 December 2017 00:11

Sri Lanka’s (B1 negative) high general Government debt, very low debt affordability, and fragile external payments position continue to present material credit challenges.

Fighting corruption: The new form of patriotism

Views - 7843 Wednesday, 5 October 2016 00:01

Bribery Commission Director General Dilrukshi Wickremasinghe (centre) speaks at the Forum. Others from left are good governance activist Chandra Jayaratne, Transparency International Board member J.C. Weliamuna, JVP MP and COPE Chairman S

Sri Lanka’s economy and the potential impact from Brexit

Views - 9466 Tuesday, 5 July 2016 00:05

Acuity Stockbrokers Research has come out with an assessment on the potential impact from Brexit on the Sri Lankan economy.  Here are some highlights of the report Summary: Brexit roils global markets Britain’s

Brexit hits euro zone sentiment - Sentix index at 18-month low in July

Views - 7751 Tuesday, 5 July 2016 00:01

BERLIN (Reuters): Sentiment in the euro zone fell to an 18-month low in July, a survey showed on Monday, as investors and analysts fear a major economic fallout from Britain’s vote last month to leave the European Union. The Frankfurt-base

Leadership insights into the rise of e-commerce, digital payment apps in Sri Lanka and the region

Views - 12345 Wednesday, 8 June 2016 00:00

  An in-depth interview series with business leaders, trendsetters, entrepreneurs and movers and shakers who are fuelling progress, making an impact in their industries and contributing to different aspects of the&n

Getting reforms in the public sector and enterprises right

Views - 8899 Thursday, 26 May 2016 00:00

From left: Daily FT Editor Nisthar Cassim (Moderator), Immigration & Emigration Controller General M.N. Ranasinghe, Public Administration Ministry Secretary J.Dadallage, TW Corp Ltd Chairman Thilan Wijesinghe and World Bank Senior Country Econ

Sri Lanka’s first National Summit on ‘Foresight and Innovation for Sustainable Development’ kicks of

Views - 13780 Wednesday, 25 May 2016 00:00

By Charumini de Silva and Shehana Dain Sri Lanka’s first National Summit on ‘Foresight and Innovation for Sustainable Development’ organised by the United Nations Development Programme (UNDP) and the Ministry of National Polic

Making Sri Lanka an efficient financial hub via key reforms in banking and finance

Views - 9726 Tuesday, 24 May 2016 00:32

The Daily FT-Colombo University MBA Alumni Association forum shares key insights from public-private sector experts By Charumini de Silva Recognising the urgent need for third generation reforms to improve the busin

Evaluating ETCA

Views - 15374 Friday, 6 May 2016 00:00

From left: Moderator Editor Daily FT Nisthar Cassim, Former Central Bank Deputy Governor W.A. Wijewardena, GMOA President Dr. Anurudda Padeniya, former CCC Chairman Suresh Shah and UPM Media Spokesman Eng. Gamini Nanda Gunwardena  

Daily FT-MTI forum challenges Sri Lanka exports to think radical and quantum

Views - 14472 Monday, 18 April 2016 00:00

By Charumini de Silva The Daily FT-MTI Thought Leadership Forum on Sri Lanka exports, titled ‘Sri Lanka’s Export Challenges,’ confronted the brutal reality of reasons behind Sri Lanka’s stagnant export growth, while evalu

Sri Lankan women in the fashion, beauty and retail industries – their stories of perseverance, passi

Views - 17868 Thursday, 7 April 2016 00:00

Sri Lanka’s fashion, beauty and retail industries have evolved dynamically over time due to the rise of many thriving local businesses and brands. These industries aren’t just soft spots and glamour zones in Sri Lanka’s bustling

Moody’s banking system outlook for Sri Lanka: Continued growth drives stable outlook

Views - 10326 Wednesday, 6 January 2016 00:00

Our stable outlook, in place since July 2014, reflects our expectations that the operating environment for banks in Sri Lanka will remain healthy and that asset quality and profitability will be stable over the next 12-18 months, offsetting some m

Tea industry’s performance in 2015 and prospects for 2016

Views - 17218 Tuesday, 5 January 2016 00:01

By Forbes and Walker Tea Brokers Tea Industry Overview 2015 Year 2015 will go down in history as one of the most challenging years for the tea industry. On the one hand the Middle Eastern region where the bulk of our teas is export

Sri Lanka’s clothing industry looks to regain competitiveness

Views - 9863 Friday, 4 December 2015 00:00

With an eye on the target of reaching $ 8.5 billion worth of clothing exports per annum by 2020, Sri Lanka’s apparel manufacturers are backing a national bid to regain preferential trade concessions from the EU. Sri Lanka has carved a nich

More apparel giants focus on Sri Lanka

Views - 9819 Friday, 4 December 2015 00:00

EDB Chairperson and CEO Indira Malwatte (standing right) addresses visiting global buyers on Friday at the Mount Lavinia Hotel as Lankan apparel industry representatives (right) look on     The Lankan apparel sect

SLAEA Chairman stitches stronger way forward for apparel industry

Views - 9796 Friday, 4 December 2015 00:00

  From left: Sri Lanka Apparel Exporters Association Deputy President Felix Fernando, JAAF Chairman Azeem Ismail, EU Ambassador David Dally, Minister of Development Strategies and International Trade Malik Samarawickrama, SLAEA Chairm

Roar against road via Udawattakele

Views - 4668 Wednesday, 6 May 2015 01:20

 Eco-groups and experts voice against constructing a new road through the country’s only royal forest reserve, Udawattakele, to ease heavy traffic congestion in Kandy and urge the Kandy Municipal Council to abandon the idea and find alternative

For LTTE’s ex-combatants life still a battle with no jobs

Views - 14039 Thursday, 9 April 2015 00:05

By Shanika Sriyananda ‘No matter how much time you have wasted in the past, you still have an entire tomorrow’ – the thought of the week is written on the green notice board at the Rehabilitation Commissioner General’s Head Office at Naw

Challenges faced by LTTE ex-combatants

Views - 3977 Thursday, 9 April 2015 00:00

A high percentage of those who are disabled are barred from engaging in employment activity. Lack of employment opportunities suitable with the vocational training received during rehabilitation. Lack of financial stability to buy tools and equipme

Addressing psychological needs vital

Views - 4882 Thursday, 9 April 2015 00:00

A research conducted by a team of researchers from the University of Maryland, headed by Prof. Arie Kruglanski and Prof. Michele Gelfand, has found that the Black Tiger females, who are back in society, are often proud of their courage and willi

Uma Oya project: More damages than benefits

Views - 20723 Friday, 27 March 2015 00:05

    By Shanika Sriyananda She walked carefully on the floor fearing that her weight may deepen those cracks on the walls of her house. A larger crack which appeared recently from the wall is now running through her garden, dividi

Govt.’s Interim Budget’s tax proposals and impact on business: Part 1

Views - 7409 Tuesday, 10 March 2015 00:01

The Institute of Certified Management Accountants of Sri Lanka (CMA) recently held a useful seminar on the new Government’s Interim Budget’s tax proposals and impact on business. The event saw key insights shared by two separate panels dealing wi

Top Ministers share key insights with American Chamber members

Views - 2864 Friday, 6 March 2015 00:06

Senior Ministers and policymakers were in attendance for an interactive breakfast meeting organised by the American Chamber of Commerce. Participants at the event included Minister of Health Rajitha Senaratne, Minister of Power and Energy Patali Cham

Harsha on dealing with discrepancy and building an equitable social market economy

Views - 3818 Tuesday, 24 February 2015 00:34

By Charumini De Silva   Policy Planning and Economic Development Deputy Minister Dr. Harsha de Silva last week addressed a top group of marketers at the CEOs Forum organised by the Chartered Institute of Marketing (CIM) Sri Lanka. Dr. de

Harsha responds to marketers questions

Views - 2467 Tuesday, 24 February 2015 00:26

Following are excerpts of the Question and Answer session with Policy Planning and Economic Development Deputy Minister Dr. Harsha de Silva at the CEOs Forum organised by CIM Sri Lanka   Q: We need to engage the bottom of the pyramid and y

Tea industry’s performance in 2014 and prospects for 2015

Views - 11335 Monday, 19 January 2015 00:02

By Forbes and Walker Tea Brokers Tea industry overview 2014 The year 2014 commenced on an upbeat, consequent to the revenue from tea exports, together with production reaching record levels in 2013 and prices continuing to maintain attractive leve

Tea industry overview 2014

Views - 4297 Sunday, 18 January 2015 00:01

By Ceylon Tea Brokers PLC The Sri Lankan tea industry for the year 2014 concluded on a healthy note in comparison to the year 2013. However, the last quarter in year 2014 saw a sharp decline in prices and averages due to political and economic uncer

The election manifestos: An auction of non-existent resources

Views - 6577 Tuesday, 6 January 2015 00:41

Regrettably, more of the same The presidential candidates have issued their electoral manifestos. This note seeks to compare the two documents put out by the two main contenders with the Pathfinder Foundation’s (PF) blueprint for economic reform

Hambantota renews call to Colombo

Views - 5970 Friday, 14 November 2014 02:13

First investment forum in commercial capital in 18 years puts new opportunities in high-potential southern hub under spotlight By Shabiya Ali Ahlam Hambantota was once popular for its salt, kalu dodol, curd and kithul honey, but its recent pro

National Budget 2015: Populist, yet on track

Views - 13987 Wednesday, 29 October 2014 00:01

President of Sri Lanka Mahinda Rajapaksa presented Sri Lanka’s National Budget for 2015 in Parliament on 24 October. The Government of Sri Lanka (GoSL) expects to achieve a fiscal deficit of 5.0% for 2014E (vs. 5.9% in 2013), compared to its origi

Today's Columnists

Roots of the crisis

Saturday, 14 December 2019

The candidates who had genuinely contested the Presidential Election had elaborate and attractive election manifestos. But none of them had a pragmatic program to address the basic question of how to overcome the extensive crisis Sri Lanka is facing.

What price reforms now that progress rules?

Friday, 13 December 2019

It was a famous victory. A shadow of a doubt persists after an election commission member spoke up recently, after the event, about an alleged irregularity somewhere in the voting system works. But this would be churlish, buffoonish and academic to t

Assessment of fitness and propriety of directors and officers

Friday, 13 December 2019

In the early ’80s, a businessman turned financier from the hill capital started a public deposit canvassing drive by offering 20% interest per month. The depositors were offered on the spot payment of 20% as interest for the first month for their d

How to select top officials to public corporations

Friday, 13 December 2019

It is commendable that the President wants to select suitable decision-makers to public corporations without them being mere and ad hoc political appointments. However, the process thus far seems somewhat weak. Various people are complaining about th

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