Opinion and Issues

Increased care for victims of conflict now possible

Views - 20 Thursday, 18 October 2018 00:26

By The National Peace Council  The passage of legislation establishing an Office for Reparations is another significant step forward in the transitional justice process aimed at healing the wounds of war and bringing a lasting solution to Sri Lanka

Adverse effects of continual depreciation of the rupee

Views - 81 Thursday, 18 October 2018 00:26

The Government seems to be quite satisfied to let the external value of the rupee slide downwards continuously. But there are the adverse effects of exchange rate depreciation on our Terms of Trade which cannot continue to be ignored. When the rupee

Mollycoddling Sri Lanka doesn’t work

Views - 208 Thursday, 18 October 2018 00:24

By Taylor Dibbert Mark Field, Britain’s Minister of State for Asia and the Pacific at the Foreign and Commonwealth Office, recently penned a terrible op-ed in The Daily Mirror. The piece coincided with a visit to the country. “First, it is import

Finishing the job of ending poverty in South Asia

Views - 69 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

Power to choose the number, timing and spacing of children can bolster economic, social development

Views - 5 Thursday, 18 October 2018 00:00

United Nations, New York: The global trend towards smaller families is a reflection of people making reproductive choices to have as few or as many children as they want, when they want. When people lack choice, it can have a long-term impact on fer

Disasters one after the other – A serious threat to the economy of the nation!

Views - 44 Thursday, 18 October 2018 00:00

By Saja A.A. Majeed The month of September in 2018 was a month of disasters all around the world. In many countries, the month of October is also disaster dubious with many hurricanes on its way, aftershocks are predicted, heatwaves are on the roar,

The Seven Global Targets (UNISDR)

Views - 4 Thursday, 18 October 2018 00:00

2016 – Target (a): Substantially reduce global disaster mortality by 2030, aiming to lower the average per 100,000 global mortality rate in the decade 2020-2030 compared to the period 2005-2015; 2017 – Target (b): Substantially reduce the number

Unresolved burning issues hindering small hydropower industry

Views - 28 Thursday, 18 October 2018 00:00

Challenges for creating human centric urban spaces

Views - 34 Thursday, 18 October 2018 00:00

Cities are the manifestation of the cultural, economic and social acceleration that we have experienced throughout our contemporary history. In 1950, about two-thirds of the population worldwide lived in rural settlements and a third in urban settlem

What action post Finance Minister’s statement in Oct. 2017 at IMF-WB meeting?

Views - 59 Wednesday, 17 October 2018 00:00

By P. Samarasiri I refer to the Statement made by Minister Mangala Samaraweera with the Governor of the Central Bank and the Monetary Fund for Sri Lanka dated 13 October 2017 at the Annual Meetings of the IMF and World Bank Group in Washington DC and

Role of Education Ministry in ending violence in schools and corporal punishment

Views - 57 Tuesday, 16 October 2018 00:48

Former Secretary to the Ministry of Education Dr. Tara de Mel who is now a good governance activist shares her insights into the role of the Education Ministry in ending violence in schools and corporal punishment which has begun to be rampant

Zero Hunger: Our actions today are our future tomorrow

Views - 50 Tuesday, 16 October 2018 00:48

By José Graziano da Silva Just three years ago, in September 2015, all United Nations Member States approved the 2030 Agenda for Sustainable Development. The eradication of hunger and all forms of malnutrition (Sustainable Development Goal number 2)

World Food Day: Private sector role under spotlight

Views - 46 Tuesday, 16 October 2018 00:47

Following is the message of Representative to Sri Lanka and the Maldives of the Food and Agriculture Organization of the United Nations (FAO) Nina Brandstrup to mark World Food Day. World Food Day 2018 provides an opportunity to reflect on some of th

SL marine environment under serious threat, marine environment expert warns

Views - 60 Tuesday, 16 October 2018 00:47

By Ruwanthi Jayasekara A round table discussion on ‘Marine Environment Pollution in Sri Lanka’ was organised by the Institute of National Security Studies Sri Lanka (INSSSL) on 11 October, where Ministry of Environment and Renewable Energy Marin

Enabling environment is critical for sustainable and equitable food systems

Views - 6 Tuesday, 16 October 2018 00:46

Following is the message by World Food Program Representative Brenda Barton to mark World Food Day

World’s central bankers feel the heat as populists demand easy fix

Views - 15 Tuesday, 16 October 2018 00:00

NUSA DUA, Indonesia/Frankfurt (Reuters): Central bankers from the United States to Europe are coming under pressure from their governments to loosen their purse strings again as a decade of accelerating economic growth and booming markets fuelled by

Does the depreciation of the rupee undermine the value of the Provident Fund?

Views - 25 Tuesday, 16 October 2018 00:00

By R.M.B Senanayake Fears are expressed by trade unionists that the depreciation of the external value of the rupee in terms of the US Dollar constitutes a threat to the value of the Employees’ Provident Fund.  The EPF is a rupee fund and contribu

Changing foreign trade policy for an economic miracle

Views - 122 Tuesday, 16 October 2018 00:00

When no less than the Vice President of USA publicly announces their concern over China’s increasing presence in Sri Lanka, it would be imprudent for us not to take notice. When he also states that USA is actively looking at providing an alternativ

Building back better

Views - 19 Monday, 15 October 2018 21:05

“I still remember the sight of an infant being carried out in a bedsheet as a house went underwater.

Sri Lanka successfully launches platform to define future of Indian Ocean

Views - 216 Monday, 15 October 2018 01:32

Representatives of 40 countries were in Sri Lanka on 11 and 12 October to discuss the future of the Indian Ocean.

How vision and strategy helps small businesses succeed: governance needs of SMEs

Views - 52 Monday, 15 October 2018 01:30

Most small-to-medium sized enterprises (SMEs) are aware of the benefits of good governance practice but, faced with limited time and resource, many still fail to put it in practice - which could be costly to long-term success.

Lakshman Kadirgamar Institute launches new study on the Indian Ocean economy

Views - 87 Monday, 15 October 2018 01:24

The world is currently undergoing major economic and geopolitical transformations. While economic power continues to shift from the West to the East, rising populism and escalating geopolitical tensions in the South China Sea pose risks.

US targets private sector-led global investment

Views - 91 Monday, 15 October 2018 01:21

Recently, The United States Senate moved to more than double the US Government’s scope for investment in overseas projects, from $ 23 billion to $ 60 billion.

Govt. committed to unleash SL potential as a hub: Malik

Views - 62 Monday, 15 October 2018 01:18

Good afternoon, ladies and gentlemen. It gives me great pleasure to be with you today as we launch the Multi-Country Consolidation Project in Sri Lanka, supported by the Global Alliance for Trade Facilitation.

CB responds to former Chief Cabraal on rupee

Views - 50 Monday, 15 October 2018 01:15

In spite of the clarification issued by the Central Bank on 09 October 2018 (web link: https://www.cbsl.gov.lk/sites/default/files/cbslweb_documents/statistics/ otherpub/20181011_cb_response.pdf), Mr Cabraal, wittingly or unwittingly, continues his e

Former Deputy Governor responds to Central Bank

Views - 84 Monday, 15 October 2018 01:12

I refer to the CB’s press release, dated 12 October 2018, on the above title issued in response to my article titled “Excessive Currency Depreciation: Both currency and public lose”, published in the Daily FT 11 October 2018, and wish to provid

20th anniversary of Colombo Declaration on Media Freedom and Social Responsibility Centre for Law an

Views - 25 Monday, 15 October 2018 00:00

I’d like to begin my closing comments by starting where the process leading to the Colombo Declaration began, namely in a series of criminal defamation cases brought by powerful individuals against editors, senior journalists and newspapers.

Flip-flopping in Maldivian politics makes prediction difficult

Views - 84 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 - 322 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

PM stresses need to maintain freedom of navigation in Indian Ocean sea lanes

Views - 38 Saturday, 13 October 2018 00:01

Prime Minister Ranil Wickremesinghe on Thursday said the Indian Ocean will truly be the ‘ocean in the future’ and all littoral States should strive to strengthen a common rules-based order.

Today's Columnists

Finishing the job of ending poverty in South Asia

Thursday, 18 October 2018

“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

Depreciating rupee: Avoiding a money-go-round

Wednesday, 17 October 2018

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

Responsible water stewardship in Sri Lanka

Wednesday, 17 October 2018

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

Economy in disarray, banks flourishing; can this be true?

Wednesday, 17 October 2018

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

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