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Thu, 21 Nov 2024 Today's Paper
With Sri Lanka still in turmoil, President Ranil Wickremesinghe and the Sri Lanka Podujana Peramuna (SLPP) governing party are trying to restore some stability. Sri Lanka needs a personality who is selfless and sincere, while giving priority to the c
“I do not intend to get a patent right for my invention as I do not want to disclose my research findings and methodologies to the public domain”, stated a female researcher who has discovered a solution for dengue fever.
I can’t imagine how challenging it would be to understand and tackle the current economic catastrophe in Sri Lanka, but I do know that Dr. W.A. Wijewardena has done it with finesse only a very senior expert like him possibly could.
Sri Lanka’s low female labour force participation rate (FLFP) has received intense policy attention over the past several decades for many reasons. It is widely assumed that improving FLFP will not only empower women and reduce gender disparities b
As the world plunges into the crisis stemming from climate change, efforts are explored across diverse sectors to minimise the carbon footprint. And one such industry that is making a significant impact in this regard is the global aviation sector.
Following are ten such learnings that I have realised through my experience which I believe would help individuals to be successful in their professional careers.
Dr. W.A. Wijewardena (author), a former Deputy Governor of the Central Bank and presently an independent economic analyst,
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.
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) t
Successive Sri Lankan governments have attempted to villainize the non-profit and civil society sector as agents of foreign interference.
In simple terms, money printing is issuing new money to the economy by a Central Bank- also known as “reserve money”.
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.
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.
Supply chain is a network of organizations and processes wherein several various enterprises such as the supplier, manufacture,
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
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.
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, in
How can a large-scale cash transfer programme be established from scratch, quickly, and during a deep economic crisis?
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.
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 easil
Sri Lanka has long been admired by development economists, international financial institutions, public intellectuals for leading South Asia in all economic and social indicators.
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,
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 p
The world economy is showing signs of a serious slowdown due to overlapping crises including the Russia-Ukraine War, the COVID-19 pandemic,
‘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.
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.
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.
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.
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.
An expert panel discussion on ‘Surviving the Current Economic Crisis: Ex-Central Bankers in Dialogue’ was held in early June.
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