An Echelon Media Company
Thursday December 2nd, 2021
Opinion

Stand up for the interwebs

The proposed regulatory mechanism may or may not become a reality, and the fears expressed about it may well be exaggera...

5 min read

Opinion: Unlocking the Potential of Micro, Small and Medium Enterprises Essential to Sri Lanka’s P...

Any hope of inclusive economic growth for Sri Lanka’s post covid recovery can only then be achieved if we utilize Mic...

5 min read

Why Sri Lanka cannot be a Vietnam, Coronavirus response: Bellwether

Sri Lanka was at one time talking about trying to be a Singapore, and then a Malaysia, and now it is talking about tryin...

5 min read

Media-persons must be critical thinkers – Media panel

In an era when almost everyone attempts to disseminate information through a plethora of platforms available, the role o...

5 min read

Truth, In The Face Of Cremation

Muslims and even Christians wait with bated breath to see if Pakistani Prime Minister Imran Khan's visit would result in...

Wake Up! It’s time for Gender Parity not Patriarchy

The resistance from a number of senior police officers to the appointment of Bimshani Jasin Arachchi as the first woman ...

The state of the race: A sprint to a close finish ahead

The race appears to be closer this week with the principle candidates sprinting to the finish. Gotabaya Rajapaksa is sai...

Arjuna Ranawana

6 min read

Sajith or Gota; who's ahead in the race

In twelve days’ time, Sri Lankans will go to the polls to choose a new president in what increasingly looks like a ver...

Arjuna Ranawana

5 min read

Sri Lanka’s killer ‘flexible exchange rate’ strikes again: Bellwether

With just about six months of allowing people to get on with their economic lives peacefully, Sri Lanka’s central ban...

Bellwether

13 min read

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An October Remembered

On 26th October 2018, a great bolt hits us from an unexpected void. Things changed in giddying succession in a humbling ...

Sarath de Alwis

6 min read

Sri Lanka can make farms more productive with emerging tech: IPS researchers

Sri Lanka can make farming more productive using emerging technologies of the so-called fourth industrial revolution (4I...

5 min read

1

If Sajith wishes to win

Presidential elections are about the candidate. The party is incidental to the process. That explains the curious, yet, ...

Sarath de Alwis

5 min read

Politicians remain cynical about killing the messenger

Gotabaya Rajapaksa at his first Press Conference as a Presidential Candidate was asked whether the White Van culture tha...

Arjuna Ranawana

3 min read

Making the best use of Sri Lanka's strategic location

The challenge to Sri Lanka is how to maximize the benefit to itself from the competition between global powers in the In...

Jehan Perera - Excecutive Director National Peace Council of Sri Lanka

6 min read

Advocata Institute says "no good reason to refuse US $480 million MCC grant"

Sri Lanka is at risk of losing a US $480 million Millennium Challenge Corporation (MCC) grant due to a campaign of misin...

6 min read

MCC Grant must not become a lost opportunity

If Sri Lanka does not meet the deadline for signing the grant it may be lost, which would mean that USD 480 million tha...

Jehan Perera - Excecutive Director National Peace Council of Sri Lanka

6 min read

Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 202.0474 202.0474
UK Pound 268.7331 269.2383
Euro 228.7177 228.3338
Aus Dollar 144.3831 144.4841
Yen 1.7815 1.7776
Source: Central Bank/Indicative
Latest Last
Indian Rupee 2.6936 2.6920
Korea Won 0.1711 0.1702
Oman Rial 524.7916 524.7916
Saudi Riyal 53.8563 53.8592
UAE Dirham 55.0073 55.0073
Source: Central Bank/Indicative
pts %
S&P SL20 3,900.02 1.84%
CSE All Share 11,440.53 2.13%
Turnover Rs million. 2,191,558,044.10 10,054,526,815
Source: CSE
Latest Last
3-m bill 7.56 7.63
6-m bill 7.91 7.88
12-m bill 8.25 8.16
5-yr bond 10.56 10.58
8-yr bond 11.21 11.20
Source: Central Bank/Indicative
today yesterday
Overnight Money 5.93 5.99
Gilt Repo 5.14 5.14
I-m SLIBOR - -
Source: Central Bank/Indicative

President throws monkey wrench at Sri Lanka central bank reforms: Bellwether

Sri Lanka had stability until July 2019 with cash withdrawn by the central bank to keep a soft-peg with the US dollar un...

Bellwether

21 min read

No Bourgeoisies, No democracy

Comrade Anura and the JVP must rediscover Marx in the context of the 21st century. Capitalism has its intrinsic contrad...

Sarath de Alwis

6 min read

Who is afraid of Gotabaya Rajapaksa?

Tyrants rule through fraud and force. When fraud is exposed, the tyrant relies exclusively on force. At a press briefing...

Sarath de Alwis

8 min read

Nick Leeson-style losses at Sri Lanka's CPC raise big questions: Bellwether

Finance Minister Mangala Samaraweera started a price formula in 2018 May just as fuel price started to spike, but the Ce...

Bellwether

10 min read

Sri Lanka's path to debt and destruction paved by currency collapse, REER targeting: Bellwether

The collapse of Sri Lanka's soft-pegged rupee, partly due to policy errors of the Central Bank and partly due to the fal...

14 min read

Universalism versus tribalism

The most venerable Warakagoda Sri Gnanarathana thero Mahanayake of the Asgiriya chapter has announced that his recent r...

Sarath de Alwis

5 min read

A Sermon on Stoning

In Sri Lanka, we are trapped in a new Stone-age. An age of stoning. Or to be precise, we are now in an age fascinated wi...

Sarath de Alwis

6 min read

Islamic State pan-nationalism slams into ethno-religious hate in Sri Lanka: Bellwether

In Sri Lanka, indoctrination and hate targeting communities not considered to be the 'core-nation' as defined in ethno-r...

Bellwether

25 min read

Lurking in the Shadows: A Closer Look at Multidimensional Poverty in Sri Lanka

Sunil is a labourer who lives in a small hut with his wife, and their two children, aged seven and four years. Both Suni...

Wimal Nanayakkara

6 min read

Sri Lanka's central bank defends discretionary monetary policy

ECONOMYNEXT - Sri Lanka's central bank has defended the continuation of discretionary monetary policy, in the wake of th...

26 min read

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