Views - 642 Thursday, 5 July 2018 00:00
Shipping industry sources are baffled by a secret publication of a gazette by the Shipping Ministry on 4 May, in complete contrast and contradiction to the Government policy on liberalisation announced in the 2018 Budget proposals. Allegedly this gaz
Views - 275 Thursday, 5 July 2018 00:00
Speaking at the Saman Kelegama Memorial Conference, Professor of Economics at Monash University, Australia, Sisira Jayasuriya, pointed out that Sri Lanka is in a vulnerable position in terms of its debt. He noted that there has been a shift in the s
Views - 159 Tuesday, 3 July 2018 00:00
By Malinda Seneviratne When news broke out that Dr. Dayan Jayatilleke was nominated by President Maithripala Sirisena to be Sri Lanka’s ambassador to Russia, the immediate reaction for those (still) loyal to the President and/or the Prime Minister
Views - 201 Tuesday, 3 July 2018 00:00
NDTV: As a quite out-of-date Nehruvian, I have always been sceptical of drifting away from the fundamental precepts and perceptions of Non-alignment, even in this unaligned world order. Hence, my continuing scepticism of the true worth of our being h
Views - 64 Monday, 2 July 2018 00:00
Finance Minister Mangala Samarweera last week declared that the Government has delivered on the much desired macro-economic stabilisation enabling the private sector to grow better.
Views - 116 Monday, 2 July 2018 00:00
Political uncertainty is keeping business confidence tepid, Sri Lanka’s largest business chamber said this week, but supported the Government’s reform process including inking free trade deals whilst calling for better policy implementation to fo
Views - 307 Monday, 2 July 2018 00:00
Shortages of labour, land and an ageing population mean that Sri Lanka’s opportunities for rapid catch-up growth are diminishing and institutional transformation is needed for innovation and output-led growth, a top economist has said.
Views - 408 Monday, 2 July 2018 00:00
The attention of the General Treasury has been drawn to an article published recently under the title The Government’s “Growth Scam” written by Mr. Ajith Nivard Cabraal, the former Governor of the Central Bank of Sri Lanka, where he has tried t
Views - 213 Monday, 2 July 2018 00:00
The following is a clarification issued by the Department of Census and Statistics (DCS) on certain matters related to the compilation and revision of National Account Estimates.
Views - 212 Saturday, 30 June 2018 03:48
In 2017, for the first time in decades, Sri Lanka’s fiscal revenue exceeded expenditures excluding interest payments, leading to a primary fiscal surplus. However, despite this and other improvements in macroeconomic performance, the island nation
Views - 68 Saturday, 30 June 2018 03:41
People of Sri Lanka in toto are so distraught with the present Government that, comparing with relative demerits, they show preference to the once boogey Rajapaksas for rescue from the present predicament.
Views - 44 Saturday, 30 June 2018 03:39
Views - 139 Friday, 29 June 2018 00:10
It took four hours for the ride to the Wilpattu camp with a generous stop in Negombo. This was a new experience for me – staying in a tent in the middle of trees. Meals were in a tent too, in a clearing. The manager Bimson from Dharmaraja College w
Views - 432 Friday, 29 June 2018 00:10
On 19 June, Advocata Institute and Echelon Magazine’s Think series hosted Singaporean economist Razeen Sally at the Sri Lanka Foundation Institute to speak on ‘Capitalism in Asia and What It Means for Sri Lanka’.
Views - 155 Friday, 29 June 2018 00:10
The decision taken for the National Film Corporation (NFC) to take over distribution from private distributors is perhaps well-intentioned, but it is ill-advised.The justification for centralisation is that priva
Views - 319 Thursday, 28 June 2018 00:00
By United Nations Human Settlements Programme (UN-Habitat), Sri Lanka Urban sprawl is one of the key challenges facing Sri Lanka’s cities today. Sprawl development, typically defined as uncoordinated, low density urban expansion, involves rapid lan
Views - 358 Thursday, 28 June 2018 00:00
By Srimal Fernando and Megha Gupta India, the largest economy in the South Asian region, is predicted to grow at 7.3% GDP as per the World Bank Group and the current economic policies adopted by Prime Minister Modi is having a positive impact not onl
Views - 277 Tuesday, 26 June 2018 00:00
IFC’sGlobal Head of Climate Strategy and Business Development Marcene D. Mitchell was in Colombo recently and spoke to Daily FTon how Sri Lanka should respond to climate change and connected issues.
Views - 311 Tuesday, 26 June 2018 00:00
LONDON (Reuters): KPMG, one of the world’s “Big Four” accounting firms, has shown an “unacceptable deterioration” in how it audits top British firms and will be first to undergo special supervision, Britain’s accounting watchdog said last
Views - 170 Monday, 25 June 2018 00:00
In Sri Lanka, as in the rest of South Asia, improving agricultural production has long been a priority to achieve food security.
Views - 147 Saturday, 23 June 2018 00:34
At last it has happened. US President Donald J. Trump has dumped the United Nations Human Rights Council, a premier body which over the past 70 years has been working towards protecting and promoting human rights.
Views - 458 Saturday, 23 June 2018 00:15
China overtook the United States to become the largest trading nation in the world in 2014. China is the second largest economy in the world behind the United States and the largest exporter in the world. It is referred to as the factory of the world
Views - 238 Thursday, 21 June 2018 00:00
Though I have seen Dudley Senanayake speaking in meetings, my first face-to-face meeting with him took place in 1970. Given that it was immediately after United National Party’s crushing defeat at the general election, he was in a very sombre mood.
Views - 206 Thursday, 21 June 2018 00:00
Following is the summary of recommendations to be implemented as an urgent need as the first step towards the reforms of public sector: a) Cabinet of ministers The Constitution should clearly prescribe the number of ministries to be not more than 30
Views - 256 Tuesday, 19 June 2018 00:00
17 June 2018 An Open Letter to the Prime Minister Mr. Prime Minister, Are security planners of high political office holders unconcerned of the inconveniences caused to the public by their overzealous security arrangements? Is it being totally unconc
Views - 673 Tuesday, 19 June 2018 00:00
If someone needs to change someone, be a child or an adult, it is the love, kindness, respect and trust that make the magic to bring the change. “Despite their race and ethnicity, I gave them love, kindness and respect as a soldier of the Sri Lanka
Views - 281 Friday, 15 June 2018 00:38
The All Ceylon Makkal Congress (ACMC) in a statement has vehemently and bitterly protested and opposed the malicious comments made by Wijeyadasa Rajapakshe against freshly appointed National List MP Prof. Dr.Ismail, about which we are dismayed and as
Views - 316 Friday, 15 June 2018 00:20
The organisations listed below are appalled that a political decision has been made to capture and relocate the last two elephants remaining in the Sinharaja Rainforest, a World Heritage Site.
Views - 135 Friday, 15 June 2018 00:00
Kuala Lumpur/Colombo (asia.nikkei.com): As he campaigned ahead of last month’s Malaysian general election, Mahathir Mohamad, the veteran politician, deftly tapped into resentment of Chinese investments in his country to build support. It is an incr
Views - 60 Thursday, 14 June 2018 00:00
Following is the address by Nawaz Rajabdeen, the Moderator of the Panel Discussion on ‘Synergies in Service Sector in South Asia’ at the Global Exhibition on Service in South Asia held in Mumbai from 15-18 May. He is also the Ambassador in Sri L
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
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
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
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