Front Page,Special Report

A primer on conduct of monetary policy and central banking in Sri Lanka: Past, present and future

Views - 359 Monday, 10 June 2019 00:00

1. Introduction With the objective of institutionalising the achievement of maintaining single digit inflation for a continued period of over 10 years, the Central Bank of Sri Lanka has announced the adoption of flexible inflation targeting as its m

Muslim communities assist security operations in WP

Views - 488 Monday, 3 June 2019 00:00

In the aftermath of organised mob attacks on Muslims in Gampaha and the North Western Province, Muslims in Biyagama are still having sleepless nights in fear of a similar hostile backlash. “We have no issues or differences with our neighbours, who

Taking Sri Lanka forward:Experts share insights

Views - 517 Friday, 31 May 2019 00:00

By Madushka Balasuriya Addressing the fundamental gap between the perceptions of security in the country, and its ground realities, is crucial in fast-tracking Sri Lanka’s economic and social recovery from the Easter Sunday attacks, noted a panel o

Recovery marketing plan for Sri Lanka Tourism

Views - 5704 Wednesday, 8 May 2019 00:00

The Easter Sunday attacks in Sri Lanka have shaken the entire world, making it one of the most violent terrorist incidents in the recent past. While many discussions are going on regarding recovery plans, it is important to understand the real impact

Colombo Development Dialogues: Is SL ready to face a rise in Asian asylum seekers to Lankan shores?

Views - 817 Friday, 12 April 2019 00:00

An independent UK-based researcher said that asylum seeking or inward migration for employment was not a major issue in Sri Lanka at present but it could create a problem in future as the post-war economy had opened up more job opportunities in Sri L

Hirdaramani employee wins first-ever ‘Diriya Kanthawa’ for apparel sector

Views - 30 Friday, 5 April 2019 00:00

The ‘Diriya Kanthawa’ award, which celebrates the contribution of female workers across various industries, has become a pinnacle recognition, because it is a decisive endorsement of the invaluable contribution made by female workers towards the

Zone24x7 and SLASSCOM hosts ‘Challenges faced by Women in Engineering’ forum

Views - 79 Friday, 5 April 2019 00:00

Women are already making important contributions across all key spheres of our society. The field of engineering is one such major beneficiary. In the midst of these changes, there has always been the conundrum of harmonising the workplace with domes

Committed to gender equality and empowerment of women, Sri Lanka tells UN

Views - 207 Friday, 5 April 2019 00:00

Ambassador and Permanent Representative Dr. Amrith Rohan Perera, speaking during the Sixty-Third Session of the Commission on the Status of Women, noted that in the past four years, the Government has accelerated the implementation of its programs, p

IFC’s SheWorks partnership completes a year of big strides to increase role of women in business

Views - 418 Friday, 5 April 2019 00:00

IFC, a member of the World Bank Group, brought together CEOs of leading companies to mark the anniversary of SheWorks partnership in Sri Lanka. The partnership, supported by the Australian government, works with 18 leading employers that have pledged

Women’s empowerment: The right and smart thing to do

Views - 240 Friday, 5 April 2019 00:00

Commonwealth Secretary-General Patricia Scotland received a Distinguished Champion Award in Washington DC on 1 April for her services to women’s equality. Here she explains why promoting women’s empowerment is not just the right thing to do, but

Ranil and Dhammika heat up Fireside Chat

Views - 2963 Tuesday, 26 March 2019 00:20

By Uditha Jayasinghe and Charumini de Silva Progressive policy making requires both political will and innovative thinking. Bringing these two aspects together, Prime Minister Ranil Wickremesinghe and business leader Dhammika Perera gave insights o

Diplomatic discourse on Sri Lanka’s way forward

Views - 361 Monday, 25 March 2019 00:00

Growth in a globalised world requires working with partners, learning from others and adapting international best practices. Insights and recommendations from a wide variety of country representatives were showcased recently at Fireside Chat 2019, wi

‘Balancing for better beyond International Women’s Day’ – Amanda Murphy, HSBC

Views - 38 Friday, 22 March 2019 00:00

This year’s International Women’s Day theme “Balance for Better” was a focal point of conversation when HSBC Group General Manager and HSBC UK Head of Commercial Banking Amanda Murphy visited the HSBC Main Office in Colombo 01. As an energet

‘SheLeads’ IWD event by Google’s Womenwill to focus on leadership and gender balance

Views - 135 Friday, 22 March 2019 00:00

A balanced world is a better world. This is the idea behind this year’s International Women’s Day, which was celebrated on 8 March. In celebrating this annual event, Google’s Womenwill program focuses on the idea that bringing about gender equ

Auxenta champions its female employees on International Women’s Day

Views - 61 Friday, 22 March 2019 00:00

International Women’s Day is a global day celebrating the social, economic, cultural and political achievements of women. The day also marks a call to action for accelerating gender parity. Sri Lankan Silicon Valley tech firm Auxenta is commemorati

WIM empowers next generation workforce with career awareness in Ampara

Views - 81 Friday, 22 March 2019 00:00

Women in Management, always leading change for women and youth, celebrated International Women’s day by taking traditional women’s forums out of Colombo. Under the theme of #Betterforbalance i.e. gender balance in the workplace, they focused on t

Innovating for change: The European Union hosts a gender forum in celebration of IWD 2019

Views - 99 Friday, 22 March 2019 00:00

Aiming to ‘think equal, build smart, and innovate for change,’ the Delegation of the European Union (EU) hosted a gender forum titled “Sharing gender-transformative approaches to peace-building in Sri Lanka” in celebration of International Wo

Ladies VIP Night partnering HSBC to celebrate International Women’s Week 2019 a resounding success

Views - 105 Thursday, 21 March 2019 00:33

Sources cite that women’s equality is still a long way off. There is a strong call-to-action to press forward and continue to progress gender parity. People around the world are mobilising for a future that is more equal, working relentlessly to cl

Budget 2019 and impact on listed companies

Views - 384 Thursday, 21 March 2019 00:00

INCOME TAX (INLAND REVENUE ACT NO. 24 OF 2017) AMENDMENTS W.E.F. 1 APR 2019 Proposals Exempt earnings by any non-resident person on any sovereign bond denominated in local or foreign currency Exempt interest income earned by any resident person on

Business leaders, professionals have their say on Budget 2019

Views - 963 Tuesday, 12 March 2019 00:55

The 9th consecutive annual post Budget Forum 2019 organised by Daily FT and the Colombo University MBA Alumni Association brought together a host of business leaders and professionals to dissect Budget 2019 and share key insights on its impact on the

First Capital reviews Budget 2019

Views - 427 Thursday, 7 March 2019 00:00

The Budget for 2019 focused on continuing its reform agenda though with a much slower liberalisation policy framework while taking measures to revive and strengthen the local entrepreneur. Heavy focus has been laid on promoting tourism together with

V-Awards 2018: 14 finalists honoured for serving Sri Lanka

Views - 380 Wednesday, 6 March 2019 00:00

After months of nominations and thorough selection, Sri Lanka’s 14 most inspiring individuals were acknowledged at the V-Awards 2018 on 20 February at Nelum Pokuna Theatre. They were recognised for their selfless deeds and special contribution to p

‘Aarth’ to wow audiences at SAARC Woman Entrepreneur Awards

Views - 138 Monday, 25 February 2019 00:00

Women fashion entrepreneurs from SAARC countries – Bangladesh, Bhutan, Maldives, Nepal, Pakistan, Sri Lanka, Afghanistan, India and Sri Lanka – will together display their art and designs that symbolise the cultural heritage of each of their coun

Ladies VIP Night in partnership with HSBC celebrate International Women’s Week 2019 at Shangri-La

Views - 482 Monday, 25 February 2019 00:00

Ladies VIP Night in partnership with HSBC will celebrate the International Women’s Week 2019 on 6 March at Shangri-La Hotel, Colombo under the theme ‘Women to unite, to empower, inspire and help make a change for a better future’. Sources cite

What it takes for Sri Lanka to achieve 5 million tourists by 2021

Views - 2666 Wednesday, 6 February 2019 00:00

Doubling of tourist arrivals to five million in three years requires Sri Lanka to take some bold and innovative measures apart from effective marketing of a more organised tourism destination, a top expert opined.

If God deleted Sri Lanka, who would notice and why?

Views - 3266 Tuesday, 5 February 2019 00:22

Professor Simon Anholt, who coined the term ‘nation brand’, once asked, “If the hand of God should accidentally slip on the celestial keyboard tomorrow and hit delete and Britain went, who would notice and why?” I would like to ask the same

Sri Lanka-Philippines commit to bolster bilateral ties

Views - 219 Wednesday, 23 January 2019 00:00

Upon the invitation of His Excellency Rodrigo Roa Duterte, President of the Republic of the Philippines, His Excellency Maithripala Sirisena, President of the Democratic Socialist Republic of Sri Lanka, undertook a State Visit to the Philippines from

Sri Lanka Outlook 2019: Challenges and opportunities

Views - 4006 Monday, 21 January 2019 00:00

The Sri Lankan stock market witnessed a decline in 2018, with the ASPI declining -5% to 6,052 points , whilst the more liquid S&P SL20 fell -15% to 3,135 points - steepest decline since 2011 (vs. gains of +2% and +5% respectively in 2017). Downward m

Lasantha did not die in vain

Views - 449 Wednesday, 9 January 2019 00:00

A decade is a long time to grieve, too long to solve a murder. Too long to come to terms that no one cares but for their benefit which does not include the aggrieved. Sad though, this seems to be the reality. Lasantha certainly did not die in vain.

From death to a larger liberty

Views - 406 Wednesday, 9 January 2019 00:00

Why are they all here? The mournful friends and grief-stricken family. That sly fox of a phoenix-like politico. Those happy humbugs. These hysterical hyenas with their hopeful platitudes. Their hypocrisy hamstrung only by the disbelieving silence of

Today's Columnists

Those who go by social proof are easy prey to crafty schemers

Monday, 17 June 2019

Going after social proof Swiss writer and novelist, Rolf Dobelli, in one of the essays in his 2013 book ‘The Art of Thinking Clearly’, has given a fine warning to his readers. He has warned against going by ‘social proof’ or ‘majority view

Poson ponderings on positional power: ‘Authority vested’ vs. ‘authority wasted’

Monday, 17 June 2019

We witnessed a serene Poson Poya, in a far more improved security setting in Sri Lanka. Whilst the Sri Lankan life slowly returning to normal, political fronts do not appear to show the same. Has the political power become the people ‘pava’ (sin)

Emperors without clothes: Is Mother Lanka naked too?

Monday, 17 June 2019

The expression ‘The Emperor without clothes’ derives from the Hans Anderson tale that is based on Sufi wisdom. The Emperor in Anderson’s story was without doubt, the finest dressed man in the land and he loved wearing fine clothes and spent al

The confusion of the collision is becoming indescribable!

Monday, 17 June 2019

Strange are the things we are witnessing in the political scene. The fast-evaporating trust and confidence in politicians and the Government are seriously destroying the harmony of the nation. The Prime Minister of the country has admitted that the

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