By Saman Gunadasa
Despite the efforts of the Sri Lankan Government and Central Bank to paint a picture of a vibrant economy on the brink of a historic expansion, the island confronts a worsening economic crisis. Like a number of European countries, Sri Lanka is burdened with heavy foreign debts and a ballooning budget deficit, in [...]
Muttukrishna Sarvananthan Ph.D.
On the morning after the election result was announced I woke up to a stale old day. The winning margin of the election was too big to believe. The hope for believable change has turned into an unbelievable status quo. If it is the destiny of Sri Lanka, I humbly accept that. Now [...]
Recovers from BOP crisis but economy slowing due to imports contracting
Though LTTE was defeated peace building yet to take off
Private sector corruption gets exposed
Stock market buoyant but corporate health in question
Inflation reported low but brand penetration declines
By Rohantha Athukorala
Being responsible for different facets of the Sri Lankan economic agenda in the last couple of [...]
By Paneetha Ameresekere
Political stability, rule of law and good governance, economic management and good international relations are that which are needed to take the country forward, a former Chamber head told The Sunday Leader.
Chandra Jayaratne, former chairman of the Ceylon Chamber of Commerce, however refused to commit himself to say which of the two [...]
By Raisa Wickrematunge
In the words of Nina Simone, “It’s a new day, it’s a new dawn, it’s a new life.” As indeed it is, for a country emerging from a bitter, 26 year old civil war. The euphoric victory celebrations, however, eventually gave way to a pervasive atmosphere of gloom. For the past few weeks, [...]