Views - 1139 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 - 715 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 - 866 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 - 899 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 - 1157 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 - 2203 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 - 757 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 - 2643 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 - 1656 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 - 1199 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 - 1378 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 - 977 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 - 1292 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 - 1126 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 - 1683 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 - 871 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 - 993 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 - 856 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 - 700 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 - 889 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 - 639 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 - 767 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 - 921 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 - 1460 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 - 803 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 - 2654 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 - 838 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 - 667 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 - 827 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.
Views - 1467 Monday, 18 September 2017 01:14
The Unity Government released its newest economic policy statement titled V2025 – the marketing tag for the goals it has set for realisation from 2017 to 2025 – two weeks ago.
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
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)
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
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
Those who go by social proof are easy prey to crafty schemers
Poson ponderings on positional power: ‘Authority vested’ vs. ‘authority wasted’
“Sri Lanka’s agro-exports need radical re-strategising”: MTI
Analysts trim Asian firms’ 2019 profit outlook on trade woes