Views - 631 Tuesday, 17 April 2018 00:57
The Central Bank has brought $ 2.5 billion to the country by issuing Sri Lanka Government Sovereign but ‘Senior Unsecured Notes’ in the international markets (available at: https://www.cbsl.gov.lk/en/news/the-democratic-socialist-republic-of-sri-
Views - 1117 Monday, 9 April 2018 00:10
The Central Bank in its second monetary policy review in 2018, released last week, has cautiously and partially relaxed the tight policy package it had introduced earlier when inflation was rearing its ugly head causing chaos to investment initiative
Views - 676 Monday, 2 April 2018 00:10
A confusing folly committed by the new government in January 2015 happened to be the listing of the Central Bank and other financial institutions away from the Ministry of Finance.
Views - 843 Monday, 26 March 2018 00:00
According to the data released by the Department of Census and Statistics or DCS – the country’s official statistics bureau – Sri Lanka’s economy has grown in 2017 by 3.1%
Views - 873 Monday, 19 March 2018 00:48
The State Minister for National Policies and Economic Affairs, Dr. Harsha de Silva, in his second incarnation in that ministry, has acted promptly to propose a strategy to convert Sri Lanka into an innovation and entrepreneurship economy.
Views - 1120 Monday, 12 March 2018 00:10
The slogan that is being shouted in an angry loud voice by a minority section of Sri Lanka’s majority Sinhala Buddhist population conveys a non-negotiable message to minorities in the country.
Views - 2073 Monday, 5 March 2018 00:10
Humans who forget that they are wired as economists Dhammika Perera, businessman, entrepreneur, wealth-creator and many more, admits humbly that he has never been formally trained as an economist. But, that is an under-assessment, since there is an e
Views - 724 Monday, 26 February 2018 00:10
The local government elections that concluded on 10 February 2018 have shaken the ruling United National Party(UNP)to its foundation.
Views - 2242 Monday, 19 February 2018 00:10
The Central Bank Governor Indrajit Coomaraswamy, while announcing the Bank’s monetary policy stance for the next two months
Views - 1173 Monday, 12 February 2018 00:10
Lucky and unlucky students Those who can secure admission to a state university in Sri Lanka consider themselves a lucky lot. That is because the state university system has a few places far short of the number that qualifies for admission at the GCE
Views - 1152 Monday, 5 February 2018 00:00
In the previous part of this series (available at: http://www.ft.lk/w-a-wijewardena-columns/How-to-groom-intellectuals-for-the-future--Two-contrasting-views-from-Thailand-and-Sri-Lanka--Part-1/885-648278)
Views - 1344 Monday, 29 January 2018 00:00
Two intellectual discourses have recently taken place in Thailand and in Sri Lanka, one month apart from each other, relating to the development of intellectuals in the respective countries for the 21st century.
Views - 952 Monday, 22 January 2018 00:10
The Deputy Minister of National Policy and Economic Affairs, Dr. Harsha de Silva, commonly known as Harsha, is reported to have announced the engagement of the International Monetary Fund (IMF) by the Government to amend the present Monetary Law Act
Views - 1257 Monday, 15 January 2018 00:10
It was the presidential election time in 2010. The incumbent President after a five-year rule and a conclusive victory over the Northern rebels had sought another term.
Views - 1095 Monday, 8 January 2018 00:10
The former Finance Minister Ravi Karunanayake, in an interview with Daily Mirror, had put the Central Bank’s management on its toes by making some scathing allegations against the bank
Views - 1656 Tuesday, 2 January 2018 00:10
Blaming the Central Bank for all economic ills Former Finance Minister Ravi Karunanayake in an interview with Daily Mirror is reported to have pronounced that the Central Bank is absolutely corrupt and inefficient (available at: http://www.dailymirro
Views - 762 Tuesday, 26 December 2017 00:10
A novelist in the making Sandali Handagama has been known by Sri Lanka’s film fans for her role as the rebellious but innocent and naive daughter of a family which was being torn apart by the personal incompatibility of the parents in the movie, L
Views - 969 Monday, 18 December 2017 00:10
Economic policies have always been mysteries to laymen. They have become mysteries because top economists often present them in a language not comprehendible by ordinary people.
Views - 824 Monday, 11 December 2017 00:45
A pressing economic problem faced by the present Government, and any government that would come to power in the future, is the dwindling export earnings.
Views - 681 Monday, 4 December 2017 00:10
I am honoured to be invited to deliver the keynote address at the 2017 Research Symposium of Sri Lanka Institute of Advanced Technical Education, popularly known as SLIATE. It is both encouraging and
Views - 796 Monday, 27 November 2017 00:55
Delivering the Henry Steel Olcott Memorial Oration 2017 in Colombo recently, the Central Bank’s Senior Deputy Governor Dr. Nandalal Weerasinghe outlined the change of the game plan of conducting monetary policy by the bank in the years to come (ava
Views - 623 Monday, 20 November 2017 00:05
Mangala’s Mangala Budget was approved in its Second Reading by a two-thirds majority in Parliament last week.
Views - 753 Monday, 13 November 2017 00:30
Finance Minister Mangala Samaraweera’s Mangala Budget (Maiden Budget) was presented to Parliament last week. A budget is simply a one year financial plan of the government.
Views - 846 Monday, 6 November 2017 00:05
The Vision 2025 released to the public in August as well as the Economic Policy Statement delivered in Parliament in October has reiterated the Government’s commitment to maintaining a low inflation regime in the country.
Views - 1354 Monday, 30 October 2017 00:10
Imagine a situation like this. You make an online payment to your internet service provider using your bank’s internet banking portal
Views - 751 Monday, 23 October 2017 00:00
In the first economic policy statement, Prime Minister Ranil Wickremesinghe made a number of pledges related to taxes and tax reforms. One was that the Government would review whether the tax concessions given to investors have really delivered the e
Views - 2365 Monday, 16 October 2017 00:00
Immediately after the Treasury bond auction on 27 February 2015, the news of a massive impropriety that had taken place in the auction spread across the market like a wildfire.
Views - 824 Monday, 9 October 2017 00:00
Deputy Minister of National Policies and Economic Affairs, Dr. Harsha de Silva, in an email to this writer, has clarified that what is meant by the goal of being ‘enriched’ in V2025 is not to become a rich country in terms of the World Bank class
Views - 650 Monday, 2 October 2017 00:10
It was shown that all these visions had one underlying economic philosophy to go by, namely, the establishment of a ‘knowledge based highly competitive social market economy’, a concept borrowed from post-war Germany.
Views - 809 Monday, 25 September 2017 00:00
In Part 1 of the article series on the Government’s Vision 2025 published last week, it was pointed out that the present vision document was just the fourth of such visions pronounced by the Government during the last two year period.
Wednesday, 14 November 2018
Our Constitution, which was certified by Parliament on 31 August 1978, has 19 amendments; the First Amendment to the Constitution was certified by the Speaker in the same year on 20 November. By the end of 1988, there had been 14 amendments made to t
Wednesday, 14 November 2018
24 October, time 12:47 p.m., place – my residence in Colombo My phone buzzes with a WhatsApp message from my old colleague Prasad Fernanado now with Saudi British Bank in Saudi. I am thrilled to see the message ‘Sri Lanka top country for travel i
Wednesday, 14 November 2018
The aim of this article is to examine the Saudi blockade over Qatar and its impact in the past 17 months on the country. A special focus will be given to the Sri Lankan workers who have been living in Qatar for the past two decades. The reason why th
Wednesday, 14 November 2018
Whilst Sri Lanka is debating what is right and wrong on the governance of the country, the Sri Lankan household is falling part due to escalating costs, as per the latest data released by respected research agency Nielsen. For the seventh quarter in
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