Articles Posted in the Opinion Category

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    Can the ‘Right to Recall’ empower lankan Voters?

    By the time you read this, Sri Lanka’s new Parliament would have been elected at the general election held on 17 August 2015. The new 225 Members of Parliament (MPs) – both first-timers and re-elected…

  • Bellwether-September-2015-WIP

    Sri Lanka’s fiscal tyranny by midnight gazette: retrospective taxes must end

    The new United National Party-led administration got off to a bad start in January in public finance, violating old and new principles of governance, and hurting economic freedom and justice, sending danger signals with arbitrary…

  • Aug-Pic-4

    Sri Lanka’s economic transformation and real estate

    Real estate is probably Sri Lanka’s oldest investment option. It has been central in growing and passing on wealth. Even marriage – one of society’s principal social contracts – was defined by real estate. Kandyan…

  • NLA_7338

    Value creation shifting to private markets

    Valuations of privately held companies have been on the up for the last few years. Multi billion dollar valuations for companies such as Urber, Airbnb and Dropbox are making investors wonder how much these companies…

  • Aug-8

    Dugong Gone?

    In the past few years, naturalist Gehan de Silva Wijeyeratne and hotel chains have cleverly promoted the ‘big five’ Lankan animal attractions, echoing the African tourism big five of lion, leopard, African elephant, rhino and…

  • bellwether

    Sri Lanka BOP pressure gains traction: lessons from Greece

    Sri Lanka is now proceeding steadily into greater balance of payments pressure, with some mild signs of debt distress also emerging and in a twist not seen in the past, the Central Bank itself is…

  • cricket

    Sanga’s place in the pantheon

    Sachin Tendulkar and Brian Lara at the top – followed by Jacques Kallis and Ricky Ponting in whichever order, seem to be the conventional wisdom amongst cricket fans about who ranks at the top of…

  • The-finance-companies-July-2015-01

    The Six Billion Rupee Question

    In December, the Central Bank loaned Rs6 billion to The Finance Company (TFC) utilizing funds from the Sri Lanka Deposit Insurance and Liquidity Support Scheme (SLDILSS). TFC has been struggling with liquidity stresses and regulatory non-compliance since the 2008 Ceylinco crisis debilitated the finance…

  • NDB-July-2015-Approved-610x282

    NDB’s Rajendra Theagarajah is Aiming to Shake Up Banking

    NDB, a storied but slow commercial bank, is trying to acquire rival Seylan. If it happens the deal will create the island’s third largest private commercial bank and more importantly jolt placid bank boards and chief executives to consider their response. Banking…

  • Bellwether-July-2015-illustration

    Sri Lanka Knocks Hard at BOP Crisis Door

    Sri Lanka is now knocking at the door of a balance of payments crisis and for all intents and purposes seems to have passed the point where the problem could have been solved with a 100 basis point rate…