The Price Signal-SRI LANKA HEADING FOR UNCERTAIN TERRITORY WITH RATE OBSESSION
In 2018, the central bank triggered two runs on the currency with a combination of a buffer strategy (where maturing bonds were repaid with central...
Pharma Control Neros Fiddling While Colombo Burns With Falling Rupee
When this columnist was barely five years old, and his family was living in a fairly large-sized town in the provinces, he was in...
Agriculture: Is low Productivity The Problem?
King Parakramabahu I taxed paddy production at three distinct points, says Prof. K. M. de Silva in ‘A History of Sri Lanka’. Land Tax...
Switching to Digital Television: A Bumpy Road For Sri Lanka?
Around the world, the technologies for TV content production, transmission and archiving are moving from analogue to digital. While satellite broadcasters went digital years...
Sri Lanka must throw open its borders to foreign workers & immigrants, without many conditions
Vehicle tires hum louder because the sweltering heat-melted tarmac grips the rubber more than usual. The shadeless landscape on one either side of the...
The New Brooms
Any election usually brings more than a new government. For example, there will be a new order, new faces and, of course, new dreams....
Elephant Facebook
Forty-four by my count. Nearly four dozen elephants within one sweeping glance, some within five paces from our vehicle and all within a hundred....
Tax Breaks For Listed Debt May Generate High Risk Bubble
Listed debentures have mushroomed over the last two years after the State made them tax free in an attempt to boost the debt market....
Trade Regime in Danger Of Import Controls as Money Printing Fuels BOP Crisis
Sri Lanka’s car owning bureaucrats, politicians and central bankers have started to tighten controls on auto imports in a return to the same old...
INGOherence
Sri Lanka needs closer scrutiny of international non-govern- mental organizations (INGOs). No, we should not revive the previous government’s meddling in the form of...