Opinion and Issues

Adoption of Revision to Code of Best Practice on Corporate Governance

Views - 70 Monday, 11 December 2017 00:00

Where the public company is a conglomerate with subsidiaries and associate companies board responsibilities, regular information needs and role as set out in A.1.1 and A.1.2 will require further amplification or cross reference to a separate section/

Sagala highlights key achievements and challenges in fighting corruption

Views - 52 Monday, 11 December 2017 00:00

Corruption, in this day and age, is no longer considered a mere ‘economic’ or financial crime. It has greater implications – such as abuse of power, exploitation of the vulnerable and denying social justice.

Will civil society and democracy in India rise to the existential challenges they face?

Views - 27 Saturday, 9 December 2017 00:00

By Ingrid Srinath Suva, Fiji (IPS): A cursory glance at international funding of the social sector in India reveals that it has grown at over 25% annually over the past three years. This might seem at odds with the headlines describing the wholesale

Should shipping agency biz be fully liberalised ?

Views - 143 Saturday, 9 December 2017 00:00

By Sea Gull The shipping industry in Sri Lanka is already liberalised All aspects of the shipping industry except for agency are liberalised. This includes: terminals, warehouse and depot infrastructure, ancillary service infrastructure, etc., which

Playing cheap politics in liberalising shipping and logistics

Views - 271 Friday, 8 December 2017 00:48

Being an open market driven fee economy, the country’s future and its prosperity depend on right policies adopted to benefit the masses and not by protecting an absolute minority. Last week’s parliamentary sessions have brought up the ugly divisi

Should SMEs in the shipping industry live or die?

Views - 130 Friday, 8 December 2017 00:47

SMEs play an important role in the economic development of a country. Their role in terms of production, employment generation, contribution to foreign exchange earnings and facilitating equitable distribution of income is extremely critical.

Youth entrepreneurship in Sri Lanka and the use of digital concepts

Views - 152 Friday, 8 December 2017 00:44

The National Human Development Report 2014 (NHDR) for Sri Lanka has mentioned that Sri Lanka’s economy is in a state of transition, where higher dependency is placed on the power and productivity of the youth in the country. Which means that the yo

Developing the Sri Lankan maritime industry – Part II

Views - 113 Friday, 8 December 2017 00:00

Following my article in the Daily FT which was published on 27 November under the same subject heading, I thought of sharing a few more thoughts about the road to becoming a maritime hub. This was mainly triggered by forums which I took part last wee

Chandra J writes to CA Sri Lanka on Code of Best Practice on Corporate Governance

Views - 114 Wednesday, 6 December 2017 00:00

Re: Code of Best Practice on Corporate Governance I understand that the Code of Best Practice on Corporate Governance 2013, issued jointly by the Institute of

Kanag-Isvaran on law, access to justice and building great careers

Views - 270 Wednesday, 6 December 2017 00:00

The University of Colombo recently conferred the Doctorate in Law (Honoris Causa) – LLD (Honouris Causa) to K. Kanag-Isvaran, PC. He also delivered the Convocation address. Here are excerpts:

Malik outlines Sri Lanka’s forward march with focus on opening more to the world

Views - 23 Tuesday, 5 December 2017 00:00

It is a great pleasure to be here on this occasion, where our two countries are seeking to expand our trade and investment partnerships. Korea has been a longstanding partner of Sri Lanka, in supporting infrastructure development, knowledge and cult

Does Sri Lanka have what it takes to be a thriving financial and infrastructure metropolis?

Views - 312 Tuesday, 5 December 2017 00:00

By Tanya Goonewardene The Sri Lanka Economic and Investment Conclave (SEIC 2017), hosted by HAIRONG Investments International Ltd. and TRIVE International, concluded successfully at the Kingsbury Hotel with the participation of foreign delegates from

Engaging youth in the modern era of development

Views - 32 Tuesday, 5 December 2017 00:00

By Isuru Abeysekara Sri Lanka has only partially recovered from a three decade long civil conflict. Although once considered a model for development by distinctive figures such as Lee Kuan Yew, it watched its counterparts overtake itself in the path

From volunteer to Board Chairman

Views - 128 Tuesday, 5 December 2017 00:00

On International Volunteer Day, which is celebrated universally on 5 December, to foster a spirit of volunteerism amongst individuals and organisations alike, Habitat for Humanity Sri Lanka (HFHSL) would like to highlight the story of its current Boa

Rehabilitating Sri Lanka’s advertising culture

Views - 420 Tuesday, 5 December 2017 00:00

By Madushka Balasuriya “I think the talent is here, but the process is not. There’s a thing called ‘working hard and working smart’. I don’t think the process is right here,” says Anthony Chelvanathan in a frank assessment of Sri Lanka’

Why Sri Lanka must support the WTO at its Ministerial Conference in Buenos Aires

Views - 131 Tuesday, 5 December 2017 00:00

By Dr. Ganeshan Wignaraja and Adam Collins The World Trade Organization (WTO) is back on the global economic radar. Its 11th Ministerial Conference (MC-11) – the highest decision-making body that meets every two years – will convene in Buenos Ai

Telling stories around troubled histories

Views - 57 Monday, 4 December 2017 00:00

The Hindu: When Sri Lankan author Anuk Arudpragasam recently received the DSC Prize for South Asian literature, the honour shone the international spotlight on the country’s gruesome civil war, yet again. Except that this time, it was a novel that

From the plantation to policy table: Policy review on the status of health in the plantation sector

Views - 96 Friday, 1 December 2017 00:58

Médecins du Monde and the Human Development Organization (HDO) yesterday released a desk policy review on the healthcare delivery system in the plantation sector and the needed actions for improvement.

Maldives uses borrowings only for capital expenditure: Central Bank Chief

Views - 135 Friday, 1 December 2017 00:00

Maldives Monetary Authority Governor Ahmed Naseer has said that since the expected total revenue (excluding grants) of the Government is 1.3 times higher than the expected current expenditure, the revenue is sufficient to cover current expenditure, a

Human rights, economic development and Sri Lanka’s foreign policy

Views - 122 Friday, 1 December 2017 00:00

An article in an English language daily this week stated that Sri Lanka is hoping to “project itself as a model of post-war reconciliation and reconstruction” in order to “obtain international support for its economic development plans”.

The Silk Road presents more opportunities than just laying foundations for infrastructure

Views - 68 Thursday, 30 November 2017 00:00

By Patrick Lee China’s Belt and Road (B&R) initiative is an ambitious undertaking that has the potential to reshape the global economy and transform world trade. Many governments, multinational development organisations and international corporatio

Sri Lanka has potential to be regional hub with more FDIs: ADB Vice President

Views - 107 Thursday, 30 November 2017 00:00

(Xinhua) Colombo: Sri Lanka has the potential to grow into a regional hub with more Foreign Direct Investments (FDIs) from other countries including China, Asian Development Bank (ADB) Vice President Zhang Wencai told Xinhua in a recent interview. Zh

Female circumcision in Sri Lanka is “just a nick”, not mutilation: Supporters

Views - 264 Wednesday, 29 November 2017 00:00

New Delhi (Thomson Reuters Foundation): Members of Sri Lanka’s Muslim communities have strongly condemned criticism of ancient cutting rituals performed on girls, saying it should not be classed as female genital

Green initiatives in the Blue-Green Budget: Can Sri Lanka become climate resilient?

Views - 130 Tuesday, 28 November 2017 00:00

By Kanchana Wickramasinghe Sri Lanka’s Budget proposals for 2018 explicitly identify that changing weather patterns and the increased frequency and severity of natural disasters (droughts, floods, and landslides) had posed a substantial challenge

Malik on trade, investment, competitiveness and moving Sri Lanka forward

Views - 266 Monday, 27 November 2017 00:00

The following is the speech made by Minister of Development Strategies and International Trade Malik Samarawickrama in Parliament on 20 November during the Committee Stage Budget discussion.

Developing the Sri Lankan maritime industry

Views - 569 Monday, 27 November 2017 00:00

Following the launch of Vision 25 which outlines the Government’s economic development program, there were many thoughts and discussions over making Sri Lanka a maritime hub.

Govt. shakes as bond scandal inquiry ends

Views - 316 Saturday, 25 November 2017 00:40

Nikkei Asian Review: Prime Minister Ranil Wickremesinghe made unwelcome political history on Nov. 20, appearing before a presidential commission of inquiry into a Rs. 10 billion ($65 million) bond scandal that is shaking his Government and damaging t

Gintota and the shadows of extremism

Views - 1249 Thursday, 23 November 2017 00:01

By Dharisha Bastians in Gintota The bright red SUV screeched to a stop at the Gintota Thuparamaya Purana Raja Maha Viharaya for the second time on Saturday (18), creating a buzz of excitement among scores of villagers assembled in the temple’s expa

Government policy ignores SME role in shipping

Views - 66 Thursday, 23 November 2017 00:00

By Jeevan Hettiarachchi I have been following up on the recent articles published in the newspapers and social media relating to the new Budget proposal. The proposal for liberalisation of shipping agency and freight forwarding industries seems to be

Blue-eyed boys and the UNP

Views - 269 Thursday, 23 November 2017 00:00

By Palitha de Silva Though I do not agree with Sarath De Alwis most of the time, his article in the Daily FT highlights the tragedy of Ranil’s style of governance. I hope with all the bashing he got and getting from the public at least at 68 years

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

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