Opinion and Issues,Front Page

All at sea over mysterious shipping Gazette No. 2069/38

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

IPS highlights urgent policy reforms needed to transform Sri Lanka’s post-conflict growth

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

On civil society’s Dayan-angst

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

Mani Shankar Aiyar on Trump putting India in its place

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NDTV: As a quite out-of-date Nehruvian, I have always been sceptical of drifting away from the fundamental precepts and perceptions of Non-alignment, even in this unaligned world order.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

Macro-economic stabilisation has been delivered: Mangala

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.

Political uncertainty dampening business confidence: CCC Chief

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

SL is running out of input-led ‘perspiration’ growth in changing Asia: Razeen Sally

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.

Treasury sets record straight on Central Government’s outstanding debt

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

Compilation of GDP complies with international standards: DCS

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.

More and better jobs are critical for Sri Lanka to reach upper middle-income status

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

All is not lost for distraught Sri Lankans

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.

Moving towards mental torture

Views - 44 Saturday, 30 June 2018 03:39

Detachable hangers, electrocuted elephants, and those poor dolphins

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

What kind of ‘liberals’ are these?

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’.

Decision to centralise film distribution is ill-advised

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

How do we tackle urban sprawl in Sri Lanka?

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

India’s growth beneficial for small island states like Sri Lanka

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

IFC’ insights to Lanka’s challenge on climate change, sustainable biz

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.

UK accounting watchdog says KPMG audits show “unacceptable deterioration”

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

It’s time to end malnutrition in South Asia

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.

When Trump dumped the UN Human Rights Council

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.

Implications of inward FDI on China: Lessons to be learnt

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

Dudley Senanayake, the principled leader who was never power hungry

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.

New ways of working in the public sector

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

Chandra J writes to PM on inconveniences caused to public by overzealous security arrangements

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

“Trust, honesty and dedication can reconcile people”: Lt. Col. Bandu

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

Wijeyadasa’s comments a sacrilegious outburst: ACMC

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

Relocating Sinharaja elephants: May sense prevail!

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.

China emerges as wild card in elections across Asia

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

Synergies in the South Asian service sector

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

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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