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Wed, 24 Apr 2024 Today's Paper
02 Feb 2023 - 0 - 230
Despite the remarkable resilience of our people, industries and enterprises, Sri Lanka’s economic outlook in 2023 – along with approximately one-third of all countries according to the IMF – appears bleak.
19 Jan 2023 - 0 - 573
Many developing countries including Singapore/Malaysia /South Korea and more recently Vietnam and Thailand have succeeded in attracting Foreign Direct Investment (mainly through firm level integration with global MNEs : Multi National Enterprises) to grow their economies exponentially and propel them to the top of the industrialized nations.
08 Dec 2022 - 0 - 384
Successive Sri Lankan governments have attempted to villainize the non-profit and civil society sector as agents of foreign interference.
08 Dec 2022 - 0 - 307
In simple terms, money printing is issuing new money to the economy by a Central Bank- also known as “reserve money”.
11 Nov 2022 - 2 - 2456
The COVID-19 pandemic and the subsequent economic crisis revealed vulnerabilities in the Sri Lankan economy and weakened its economic state. Given the severity of the challenges faced, the economy is now at a fragile state, with many crises at hand. One such crisis is the electricity crisis, where sporadic power cuts even extending to 13 hours a day were experienced by the country this year.
10 Nov 2022 - 0 - 275
Sri Lanka’s economy is at a critical juncture where urgent steps are needed to improve the country’s fiscal position. The Institute of Policy Studies of Sri Lanka (IPS) has maintained that increasing tobacco taxation has undeniable health and fiscal benefits. In this context, policy solutions, such as taxing tobacco which can be leveraged to boost government revenue without threatening economic growth, are essential.
07 Nov 2022 - 0 - 220
The Ceylon Chamber of Commerce (CCC) this week put forward a series of proposals to bring about the necessary reforms to ensure Sri Lanka has an effective, efficient, and independent public sector that would help the progression of the national economy.
20 Oct 2022 - 0 - 252
Supply chain is a network of organizations and processes wherein several various enterprises such as the supplier, manufacture,
20 Oct 2022 - 0 - 195
With fears of a global economic recession looming, the Joint Apparel Association Forum (JAAF) is actively stepping up engagement with top government and Foreign Ministry officials to expedite negotiations on Free Trade Agreements (FTAs) to help boost exports and strengthen the industry’s resilience.
20 Oct 2022 - 0 - 269
Sri Lanka’s economic crisis continues to affect the lives and livelihoods of its people, with the burden being highest on the poor and vulnerable.
28 Sep 2022 - 2 - 811
During the 2016 U.S. presidential campaign, a macroeconomic theory, Modern Monetary Theory (MMT) has become an interesting topic in United States politics. Stephanie Kelton, a proponent of this theory, was among the advisors of Bernie Sanders.
28 Sep 2022 - 0 - 179
An exciting array of speakers of both national and international fame are set to take the stage at the 43rd National Conference of Chartered Accountants as they share their thoughts and ideas with the country’s professional Accounting community, including business leaders and c-suite executives, to take charge of transformation and help steer the nation out of the ongoing crisis.
13 Sep 2022 - 0 - 359
How can a large-scale cash transfer programme be established from scratch, quickly, and during a deep economic crisis?
30 Aug 2022 - 1 - 464
Sri Lanka was once considered a development success story. But, within the last few decades, this legacy was lost to governance failures and economic mismanagement.
30 Aug 2022 - 0 - 198
Relishing on the liberal electoral process and propaganda machinery, political parties of the country over the years have been painting a promising picture of prosperity to the voter to grab their vote. Once power was secured, the promises were easily forgotten.
24 Aug 2022 - 0 - 1111
Sri Lanka has long been admired by development economists, international financial institutions, public intellectuals for leading South Asia in all economic and social indicators.
24 Aug 2022 - 0 - 209
The United Nations Development Programme (UNDP) in Sri Lanka recently launched a facility to enable interested private sector organisations to partner and contribute towards procurement of urgent medical supplies and address food security needs,
24 Aug 2022 - 0 - 154
The court was yesterday informed that the complainant party is expecting to file an amended plaint against the former Central Bank Governor Ajith Nivard Cabraal, regarding the private plaint filed over the alleged financial irregularities that took place while he was serving as the Central Bank Governor in 2014.
11 Aug 2022 - 0 - 704
The world economy is showing signs of a serious slowdown due to overlapping crises including the Russia-Ukraine War, the COVID-19 pandemic,
05 Aug 2022 - 0 - 921
‘Aragalaya’ started over 100 days ago with a series of protests emerged in several places in the island. Initially, it came from economically weaker segments of society.
04 Aug 2022 - 0 - 373
Ranil Wickremesinghe, who rescued Sri Lanka’s economy from recession as Prime Minister in 2002, is back, now as Executive President. This time around, his challenge is far greater.
02 Aug 2022 - 0 - 377
Ahead of the presentation of the Interim Budget, the Institute of Policy Studies of Sri Lanka (IPS) has recommended policy proposals for inclusion in the forthcoming Budget. Some key policy issues and recommendations follow.
28 Jul 2022 - 0 - 409
The bad news on inflation keeps coming. As of June 2022, year-on-year (YOY) inflation nationally is estimated at an all-time high of 59 percent.
27 Jul 2022 - 0 - 589
It is clear to us all that Sri Lanka is in a state of crisis. You just need to see the queue at your local gas station for evidence of that. The core reasons for the crisis however, are a more contentious debate.
20 Jul 2022 - 0 - 514
An expert panel discussion on ‘Surviving the Current Economic Crisis: Ex-Central Bankers in Dialogue’ was held in early June.
19 Jul 2022 - 1 - 916
Empty supermarket shelves, endless queues to buy essentials and overnight camping around fuel stations are now regular sights in Sri Lanka. As the economy continues to plummet with no viable short-term solutions in sight, levels of frustration among the citizens continue to rise.
12 Jul 2022 - 0 - 465
A super-holding company for managing State-Owned Enterprises (SOEs) has been identified as a globally successful model for SOE management.
08 Jul 2022 - 1 - 669
Talk to anyone waiting for days in a long queue to get a few litres of fuel for daily living, unable to cook food, due to the lack of LP gas or forced to stay in the darkness,
05 Jul 2022 - 0 - 478
The decision by the Cabinet to partially lift the Family Background Report (FBR) requirement for female migrants is long overdue and a welcome move to promote female labour migration from Sri Lanka.
05 Jul 2022 - 0 - 400
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