Financial Services

Bank fiasco

Views - 1187 Friday, 28 July 2017 00:00

I read with interest the several letters to the Editor in your esteemed and independent newspaper, on the subject of a terrible blooper by one of the largest private banks in the country. The incident seems incredibly idiotic considering the preca


Open letter to the Central Bank Governor

Views - 1747 Monday, 24 July 2017 00:28

Dear Governor, Subject: Priority account details of HNB customers I am writing to you as a customer of Hatton National Bank (HNB). The premier business paper Daily FT highlighted recently the saga involving a bank inadvertently or deliberately


SriLankan Board needs the BOI treatment

Views - 1487 Saturday, 15 July 2017 00:02

In every paper, website and conversation it is about the mismanagement of Srilankan Airlines. The Cabinet virtually abused the Chairman and the CEO, but regardless they both continue shamelessly. Why? Is it the free tickets? The salaries and perks


A serene Sunday shattered by a calamity unforeseen

Views - 1391 Wednesday, 12 July 2017 01:13

Another good man bites the dust. One would think good men are superabundant at the rate we dispense with them. This time it is a sturdy upright, ethical and virtuous soldier who served his time with dignity and honour. Sadly this Sunday’


Ranil’s personal visits – Correspondence

Views - 1600 Friday, 7 July 2017 00:00

I am compelled to add my own views again to the ongoing correspondence on the above subject, sparked off by the initial writing of Ruwan Fernando to which I added a rejoinder and thereafter C. Ramachandra wrote elucidating further on the PM’


The irresponsibility of doctors

Views - 1541 Friday, 7 July 2017 00:00

The doctors who have taken the Hippocratic Oath to serve the people are acting most irresponsibly. While on strike in the Government hospitals, some have been observed reporting at private hospitals where they get paid in addition to their salary


Breadtalk with bureaucrats

Views - 1547 Friday, 7 July 2017 00:00

President Sirisena couldn’t contain himself when he said that anyone watching TV in the evening feels that there is no government in the country. He said the media turn the facts “about the peaceful situation, upside down” (5 Jul


A response to ‘Ranil’s private visit’

Views - 1651 Tuesday, 4 July 2017 00:00

I refer to Mr. Ruwan Fernando’s letter titled ‘Ranil’s private visit’ which appeared in your edition of 21 June. Mr. T. Mallawathanthri has in his rejoinder of 28 June ridiculed all the aspersions cast upon the PM by Ruwan


And now, medical terrorism

Views - 1636 Saturday, 1 July 2017 00:00

Another first for Sri Lanka, long known for firsts of a dubious nature, most of which are nothing to be proud of. Constantly tripping over itself to be at the forefront, not by noble deeds but by notoriety! Back to notorious if not famous is bette


Garbage, a hot topic in Paradise

Views - 1623 Saturday, 1 July 2017 00:00

Garbage has become a hot topic in Paradise. Paradise lost due to garbage issues. Now lives are lost due to collapse of a garbage dump that has accumulated over many years. Authorities and the private sector have not made use of turning garbage int


Ranil’s private visit in question?

Views - 2327 Wednesday, 28 June 2017 00:00

Our Prime Minister’s much-maligned visit to USA in the onslaught of the floods that ravaged our country needs to be put in the correct perspective. Ruwan Fernando seems to be blissfully unaware; or, perhaps prefers to remain unaware of the


Ranil’s private visits – Rejoinder to Ruwan Fernando

Views - 2286 Wednesday, 28 June 2017 00:00

Ruwan Fernando in his article on 21 June (Daily FT) took Prime Minister Ranil Wickremesinghe to task on his recent visits abroad. He went on a scathing attack on the PM for undertaking foreign visits particularly during the last three months, when


Visit to the Osu Sala

Views - 2255 Wednesday, 21 June 2017 00:00

Dr. Rajitha Senaratne, On 19 June I visited an Osu Sala outlet with a prescription for two drugs. At the Osu Sala there were several counters – for accepting prescriptions, for dispensing and for payments. At the counter there was no one s


Ranil’s private visit

Views - 2417 Wednesday, 21 June 2017 00:00

The destruction caused by the recent floods exposed the fundamental vulgarity and meaninglessness of our politicians. When disaster happened, we were completely unprepared. The Minister in charge of Disaster Management was in Mexico discussing s


Open Letter to the Chairman and Board of SriLankan Airlines

Views - 2300 Saturday, 17 June 2017 00:00

I am writing in disgust, after reading that SriLankan Airlines had lost Rs. 22 billion because of poor management and indecisiveness. Thank God the Cabinet has summoned you. Now face the music. The Prime Minister cannot save you there. For your kn


Re-clarification of facts on Minister John Amaratunga media incident

Views - 1503 Wednesday, 14 June 2017 00:02

A re-clarification of the facts on the much magnified incident at Minister John Amaratunga’s residence on the 8th June 2017 has become necessary in view of comments and reaction enticed by the reporting of the incident. Re-confirming th


SLT land phones

Views - 1267 Wednesday, 14 June 2017 00:01

With the proliferation in the use of mobile phones, the usage of the land phones is now very much limited. The subscribers of the land phones have to pay the monthly rentals including the taxes (which incidentally is a whopping 49.67 % being levie


Conferring illegal chartered status

Views - 1312 Monday, 12 June 2017 00:43

Arrangements are being made to confer Chartered status to 140 candidates by the Association of Public Finance Accountants, the designation of Chartered Public Finance Accountants and a grand function is going to be held at the Institute of Charter


Rationalise vehicle purchase for politicians through effective measures

Views - 1194 Monday, 12 June 2017 00:39

According to news reports, the President has suspended the recent supplementary estimate for the purchase of vehicles for politicians apparently to rectify the bad timing of the proposal in the face of the flood catastrophe. If it is only a postpo


Following Cabraal’s track

Views - 2441 Wednesday, 31 May 2017 00:00

In the letter sent by Priyantha to the Daily FT of Monday, 29 May, he has stated that Governor Coomaraswamy is carrying out a job for his former boss Cabraal, and that he has also allowed the interest rates to go up by about 5%, and the exchange r


Survey at gunpoint

Views - 1527 Monday, 29 May 2017 00:02

Last week along the Galle Face Green road a strange kind of public survey was conducted. Traffic policemen were stopping vehicles arbitrarily and directing them to a civilian who was conducting an opinion poll. I was driving along this r


CB Chief and property market

Views - 1475 Monday, 29 May 2017 00:01

The Governor of the Central Bank Dr. Coomaraswamy is virtually killing the property and housing market by making off-the-cuff statements about the property sector.  He forgets that people like us live off this sector by selling condos


Sentries at the PM’s Office, Presidential Secretariat

Views - 1631 Saturday, 13 May 2017 00:00

Day in and day out when going past the Prime Minister’s official residence at Temple Trees on my way to office, I feel very sorry for the sentries because they are stationed inside makeshift, mini- guardrooms, hoisted on L-iron (or is it H-i


Destruction of a ward in Colombo

Views - 1548 Saturday, 13 May 2017 00:00

In a recent letter to the newspapers Mr. Tissa Devendra pointed out the destruction taking place down Kirula Road in Colombo 5. Until now there is no public response from the authorities to that very relevant letter. Maybe today there are no pub


Three cheers, Mr. Governor; trust your words of wisdom reverberate in ears of politicians managing S

Views - 3719 Friday, 12 May 2017 00:00

Mr. Governor, the intellectual community and the civil society applaud your words of wisdom presented yesterday and say three hearty cheers! They hope and trust that these words reverberate in the ears of the politicians in governance over State f


Capital levels of banking sector

Views - 1980 Friday, 5 May 2017 00:00

An article in a newspaper highlights that banking sector capital levels have slipped down drastically. The capital adequacy of most banks have fallen and as well as core capital. The record private sector credit growth to show big profits is short


A robust set of electoral reforms to ensure good governance

Views - 2436 Friday, 5 May 2017 00:00

It is learnt that Constitutional reforms prepared by the various sub-committees of the Parliament will be made public shortly.  At the outset, we have strong reservations about parliamentarians as representatives of people being given the s


Tariff increase requested by public boards and enterprises

Views - 2237 Tuesday, 11 April 2017 00:00

  The inefficiency and corruption in State organisations has become such a burden to the Treasury and the people that it seems this state of affairs will continue by way of taxing the masses forever. At a prime time news of 16 Febru


Hambantota Port begins, citizens remain in the dark

Views - 2669 Monday, 3 April 2017 00:03

Hambantota Port has been talked about for many months under the present Government, about sale or lease and loan swap and so on, followed by a one page advertisement in ST 26 March as a message from the Government but the public remains in darknes


Water Board, water leaks and want of equipment

Views - 2410 Saturday, 1 April 2017 00:00

Water leaks everywhere and not a drop to drink! (with sincere apologies to S.T. Coleridge) It was around 10.00 pm when I walking down Jetawana Road on my way home to Layard’s Broadway, I noticed water oozing out from the payment which had


Today's Columnists

Problem is not us women and booze: It’s paternalism and capriciousness in policymaking

Friday, 19 January 2018

The other day the President of Sri Lanka went public expressing his intention to revoke a ministerial order revoking the notion that a woman of any age has no more maturity than a youth less than eighteen years old.


MS-RW Unity Govt. must stay united for the sake of the country

Friday, 19 January 2018

A few days after the Unity Government celebrated its third anniversary, President Maithripala Sirisena asked the Supreme Court: “Whether


The joy of books! Cuddling up with a wish to explore

Thursday, 18 January 2018

I walked into a small communication shop to discover that you can buy almost anything from rubber seeds and tree leaves to bird feathers to support a student attending a school. I noted that all leaves are properly and accurately (hopefully!) identif


Wake up, drifting mega infrastructure development professionals!

Thursday, 18 January 2018

Infrastructure investment is a key driver of a stronger and productive economy. Stakeholders, especially the public and the international funding agencies, demand greater transparency and scrutiny on infrastructure decision as the Government spend th


Columnists More