Columnists,Opinion and Issues,Financial Services

Should weak financial institutions be allowed to exit?

Views - 547 Wednesday, 15 August 2018 00:10

Recently there were protests by depositors of several distressed finance companies in the country. Angry protesters gathered in front of the relevant entities and Government buildings, demanding redress.


Sri Lankan consumer sinking ?

Views - 882 Wednesday, 15 August 2018 00:10

Globally we see that when an economy gets challenged at the corporate end, it has a ripple effect on the consumer, leading to protests, strikes and agitation. The latter is often termed by politicians as having linkage to


The emergence of medicocracy – Challenge to both Government and Opposition alike

Views - 206 Wednesday, 15 August 2018 00:10

That a political agenda lies behind the GMOA trade union actions is now beyond doubt. We had suspected this all along through the line of serial lightning strikes carried out by the doctors ever since the Yahapalanaya Government had been installed.


A different National Export Strategy

Views - 59 Tuesday, 14 August 2018 00:00

This is an attempt to provide a framework for a five-year National Export Strategy consisting of five broad segments. Government budget support – the key starting point Considering the national importance of this initiative, the Government itself


Why other countries are giving China a licence to print money

Views - 68 Tuesday, 14 August 2018 00:00

South China Morning Post: China is printing foreign currencies on a massive scale as Beijing seeks to increase its influence on the world economy and geopolitics. Multiple sources in the China Banknote Printing and Minting Corporation confirmed to th


Jaffna uniquely positioned for dual-hub IT strategy: Stax

Views - 605 Tuesday, 14 August 2018 00:00

Sri Lanka’s leading management consulting firm, Stax, recently launched a research report outlining a dual-hub IT strategy for Jaffna. In collaboration with Market Development Facility (MDF), STAX released this report with a view to fostering the r


Improving Sri Lanka’s learning outcomes: Get the ABCs right before following others!

Views - 128 Tuesday, 14 August 2018 00:00

By Ashani Abayasekara Sri Lanka’s National Child Protection Authority (NCPA) recently put forward a proposal to eliminate all examinations until students reach 17 years of age, following in the footsteps of world’s top Finnish education system.


War-affected women with disabilities cry for recognition

Views - 780 Tuesday, 14 August 2018 00:00

By Shanika Sriyananda The LTTE cadres were at their doorstep that night, to recruit one member from the family to fight against the on-going military thrust that was progressing rapidly towards Mullaitivu in 2008. They were eyeing to drag Devi Selv


Tackling the threat of climate change

Views - 260 Monday, 13 August 2018 00:07

In an effort to set forth a cohesive discussion on the opportunities available in response to threats and impacts posed by climate change, Dilmah Conservation and Global Compact Network Sri Lanka and Biodiversity Sri Lanka organised the inaugural Cli


Dayan J. responds to NGO ‘civil society’ petition submitted to Parliamentary High Posts Committee

Views - 176 Saturday, 11 August 2018 01:45

This rebuttal is dated 5 July. The responses are to individual points made in the ‘civil society’ petition. The points made in the petition are in inverted commas, while my responses are in bold type.


What neoliberals they are: Reply to Advocata

Views - 134 Friday, 10 August 2018 00:10

Avocado’s analysis (‘What kind of liberals are these?’, 29 June) inspired retort from ‘Fellows of the Advocata Institute’ (‘The kind of ‘liberals’ we are’, 24 July). These Fellows accuse us of “casting aspersions on their motives


Underwater myth of Sri Lanka’s Hambantota Port deal

Views - 525 Friday, 10 August 2018 00:10

A $ 1.12-billion agreement, a 99-year lease and “debt diplomacy” are some of the flashy words weaving different stories about the Hambantota Port project between China and Sri Lanka. But what is really happening under the turbulent waters of the


The origin of Sinhalese written law tradition alias Niti Nighanduva

Views - 94 Friday, 10 August 2018 00:10

The autochthonous administration of justice system that evolved in the hands of indigenous people from immoral days in Sri Lankacannot be liberated from the formative legal structure. Perhaps, bearing counter minds on this light, dozens of Western w


Fair Trader cries foul, not understanding that consolidation of shipping is a global phenomena

Views - 122 Thursday, 9 August 2018 00:00

By the Son of the Sea Reading the poorly-worded article published in Daily FT under the heading ‘Strong monopoly regulations a must if Sri Lanka needs to be an international centre of excellence,’ I thought it is right to respond to this maliciou


A Fill-T look at Sinhala rap videos, pornography and women

Views - 908 Wednesday, 8 August 2018 00:00

A Sinhala rap music video was the talk of the town a couple of weeks ago. The video for the song ‘Malli’ by the rapper Fill-T


Why not levy a ‘Kunu’ tax?

Views - 111 Wednesday, 8 August 2018 00:00

Now almost all of us pay a nominal santhosam to the garbage collector to facilitate the easy disposal of our garbage.


‘Law and Practice of Commercial Arbitration in Sri Lanka’ by Dr. Harsha Cabral, President’s Counsel

Views - 152 Tuesday, 7 August 2018 00:09

I am indeed happy to do a review of this book for three main reasons. Firstly, the book relates to a very important aspect of Commercial Law and Practice in this country. Secondly, this is a definitive book on the subject which anyone interested in a


Strong monopoly regulations a must if Sri Lanka to be international centre of excellence: Part II

Views - 183 Tuesday, 7 August 2018 00:08

By The Fair Trader Clear evidence of the intention of monopolistic behaviour further exposed Monopolistic behaviour does not happen overnight: it’s a gradual acquisition of competing forces, and gaining control of the larger market share, in most i


National Export Strategy a critical review

Views - 110 Tuesday, 7 August 2018 00:07

The National Export Strategy (NES) was launched recently, while trade data for the month of May was also published around the same time.


Playing politics with the MMDA

Views - 144 Tuesday, 7 August 2018 00:00

As with everything of value for this country & everything that should matter to the citizens of this country seems political clout and political longevity override all other considerations. It has taken over 30 years for some of the finest representa


Reply to ‘Understanding Sri Lanka-Singapore FTA’

Views - 312 Monday, 6 August 2018 00:00

The article published in the Daily FT on 2 August on ‘Understanding Sri Lanka-Singapore FTA’ by Ganeshan Wignaraja and Amitendu Pali is, I believe, misleading and misinforming the facts of the SLSFTA. As a result, the readers have the right to kn


Work on India’s register of citizens proceeds regardless of consequences

Views - 48 Saturday, 4 August 2018 00:10

Work on the National Register of Citizens (NRC) in respect of the eastern Indian state of Assam bordering Bangladesh, is proceeding at a feverish pace regardless of its domestic and international consequences.


Did China get Sri Lanka to cough up a port ?

Views - 319 Friday, 3 August 2018 10:42

CHINA FOCUS: “China got Sri Lanka to cough up a port,” said the New York Times in a widely quoted article published on 25 June.


Javid Yusuf speaks out

Views - 260 Friday, 3 August 2018 00:00

Javid Yusuf is an attorney. He previously served as Sri Lanka’s Ambassador to Saudi Arabia, Senior Advisor to the Ministry


Wary of China’s rise, Pompeo announces US initiatives in emerging Asia

Views - 89 Friday, 3 August 2018 00:00

WASHINGTON (Reuters) - U.S. Secretary of State Mike Pompeo announced $113 million in new technology, energy


Confusion over FDIs and FTAs

Views - 94 Thursday, 2 August 2018 00:00

‘$ 16 billion worth FDIs anticipated through the FTA with Singapore’. A headline last week that would have caught the eyes of many. Recently the CEO of Apple Inc., Tim Cook said, “The number one reason why we like to be in China is the people.


Confirmation bias: the hidden trap in decision-making

Views - 113 Thursday, 2 August 2018 00:00

By Rasika Karunatilake It is the quintessential Silicon Valley story. Elizabeth Holmes, a 19-year-old President’s Scholar at Stanford drops out of college to launch her start-up. Holmes’ big idea was to perform multiple tests on a single drop of


Understanding Sri Lanka-Singapore FTA

Views - 248 Thursday, 2 August 2018 00:00

By Ganeshan Wignaraja and Amitendu Pali Sri Lanka and Singapore have recently signed a bilateral free trade agreement (SLSFTA). Apart from being a comprehensive and modern FTA in scope and coverage, the SLSFTA paves the way for Sri Lanka’s greater


Is there a monopoly in shipping agency biz? If so, how is the exporter currently affected?

Views - 140 Wednesday, 1 August 2018 00:00

We are a set of medium-scale exporters who welcome the idea of fair trading. We are very much interested in the article published on 31


Killing aspirations by regulating tuk-tuks

Views - 574 Wednesday, 1 August 2018 00:00

I live in Moratuwa, down Diggala Road, a 2 km byroad from Keselwaata Junction on the Old Galle Road. In my little hamlet


Today's Columnists

East Container Terminal blunder: Learn from Chinese

Tuesday, 18 September 2018

Minister for Ports and Shipping Mahinda Samarasinghe informed the press in August that Cabinet has approved the development of East Container Terminal (ECT) of Colombo Port by the Ports Authority. According to approval: nPorts Authority would develop


President Sirisena, playing with fire, must take note that smoke will get into his eyes

Tuesday, 18 September 2018

Penchant for playing with fire President Gamaralalage Sirisena has always had a penchant for playing with fire. He did fire-play at the local government elections when he made a disastrous U-turn and went round country blasting the party and its lea


Response to claims that Sri Lanka was in a ‘debt trap’ in 2014 due to ‘Chinese loans’

Monday, 17 September 2018

Several Western analysts have carried out a relentless media campaign in keeping with their own geopolitical agenda, to suggest that China was luring Sri Lanka into a carefully engineered debt trap.


Understanding the debt trap: Nothing but simple arithmetic

Monday, 17 September 2018

Prime Minister Ranil Wickremesinghe, speaking recently at the World Economic Forum in Vietnam, denied that Sri Lanka was in danger of spiralling into a debt trap from excessive Chinese borrowings


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