An Echelon Media Company
Sunday July 14th, 2024
Opinion

Sri Lanka's central bank needs accountability and restraint, not independence: Bellwether

The absolute discretion to print money through flexible inflation targeting cum output gap targeting has to be blocked

June 1, 2022 12 min read

Sri Lanka lifts curfew from 0700h to 1400h on May 12

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May 11, 2022 1 min read

Sri Lanka can trigger food shortages as in medicines with new trade controls: Bellwether

Forcing food importers to use LCs can create food shortages.

April 29, 2022 11 min read

Bangladesh a surprising economic success

Led by garment exports Bangladesh graduating from Least Developed status

April 23, 2022 5 min read
Sri Lanka interest rates are dictated by the IMF reserve target, not inflation

It is a shame that country with a 20-pct savings rate cannot maintain reserves and has to depreciate the currency

Sri Lanka tables DDR tax hike amendment in parliament

The amendment was published on the government gazette on July 17

Contrived legal ‘Authoritarianism’ another new virus with a global reach - Opinion

A two-thirds majority will give the ruling party a monopoly on power. It will serve another more salutary purpose. It wi...

Sarath de Alwis
July 24, 2020 7 min read

Sri Lanka's economic consequences of the peace; monetary instability and trade lockdown: Bellwether

While Sri Lanka defeated the Tamil Tigers in 2009 and the Coronavirus in 2020 – the battle is not yet over – it is r...

Bellwether
July 23, 2020 6 min read

Changing behaviour through awareness, key to recovery from Covid-19

After a long day in Colombo, I take an Uber home at 8.30 in the evening. A policeman stops the car at a checkpoint in fr...

Nipuna Kumbalathara
July 15, 2020 5 min read

The call to postpone elections is heard again as public concern over COVID 19 rises

A government formed out of a parliament with a fresh mandate from the people will have the legitimacy and be adequately ...

Jehan Perera
July 14, 2020 6 min read

Opinion: The next steps after the presidential admonitions

President Gotabaya Rajapaksa's recent admonition of top Central Bank staff received much attention. Though his intention...

Jehan Perera
June 24, 2020 5 min read

Deepak Lal : Departure of a Free Market Champion

While there have been many been appreciations and remembrances of Deepak in India, UK and the United states, one missi...

Sarath Rajapathirana
June 15, 2020 11 min read

US Riots Show That Double Standards Rankle - Jehan Perera

Unrest and rioting in cities throughout the United States, the world’s largest economy and one of its richest, have be...

Dr. Jehan Perera - Executive Director National Peace Council
June 2, 2020 6 min read

Justice for Easter Sunday and Justice for Hejaaz: A Christian perspective

There must be justice for Easter Sunday, but there must also be justice for Hejaaz and others subjected to arbitrary arr...

Ruki Fernando
May 24, 2020 8 min read
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Dr Jehan Perera - Reject Nationalism for the betterment of the country

"Instead of trying to ride the wave of nationalism to win the next general election in a big way, the government needs t...

Dr. Jehan Perera - Executive Director National Peace Council
May 19, 2020 6 min read

Scapegoating the Muslims: From Aluthgama to Post-Easter Sunday to COVID-19

To date in Sri Lanka 9 persons are said to have died of Covid-19 and out of these 4 are Muslims. At least 02 of these vi...

Shreen Abdul Saroor
May 14, 2020 9 min read
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 305.1018 305.3339
UK Pound 386.9523 387.2371
Euro 330.8712 332.1141
Aus Dollar 201.0018 201.4980
Yen 2.0266 2.0278
Source: Central Bank/Indicative
Latest Last
Indian Rupee 3.6453 3.5932
Korea Won 0.2342 0.2292
Oman Rial 780.3569 769.4973
Saudi Riyal 80.1114 78.9849
UAE Dirham 81.7952 80.6569
Source: Central Bank/Indicative
pts %
S&P SL20 2,573.80 1.00%
CSE All Share 9,073.41 0.65%
Turnover Rs million 1,591,766,524.95 1,029,335,694.32
Source: CSE
Latest Last
3-m bill 21.72 21.79
6-m bill 19.55 20.31
12-m bill 17.72 19.28
5-yr bond 21.00 22.53
8-yr bond 19.42 20.55
Source: Central Bank/Indicative
today yesterday
Overnight Money 13.93 14.00
Gilt Repo 13.50 14.00
I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lanka growth stalls, per capita GDP drops US$200 in 2019 after monetary instability

Sri Lanka's per person gross domestic product had dropped 227 dollars to 3,852 dollars in 2019 after a the latest curren...

Bellwether
May 10, 2020 10 min read

Statesmanship the need of the hour as the COVID 19 crisis worsens

The Opposition has made an offer to the President to cooperate with him to resolve the growing crisis in the country. Th...

Dr. Jehan Perera - Executive Director National Peace Council
April 28, 2020 6 min read

What is contact tracing of Coronavirus

Contact tracing combined with isolation and quick testing has been use to stop the progress of Coronavirus in several co...

April 19, 2020 5 min read

As Coronavirus tears Sri Lanka's apparel sector apart, an insider calls for help

No event in modern history has caused implications as severe as that of the Covid-19 outbreak, which is in danger of tea...

April 16, 2020 3 min read

Coronavirus crisis in Sri Lanka, the time to quit smoking: IPS

This provides grants to our poorest and most vulnerable members to cover their IMF debt obligations for an initial phase...

April 14, 2020 5 min read

‘A Brewing Storm’: Economic Impact of COVID-19 on Sri Lanka

Over a quarter of the world’s population is currently under movement restrictions. For the first time in recent human ...

Kithmina Hewage- Institute of Policy Studies
March 30, 2020 7 min read

A COVID-19 Recession and Debt Shock in Asia and Sri Lanka: scenario analysis

This scenario analysis is by Ganeshan Wignaraja is the Executive Director of the Lakshman Kadirgamar Institute of Intern...

March 30, 2020 4 min read

After Corona and Curfew: A soft landing, ‘herd immunity’ and an Easter memorial

Them belly full but we hungry A hungry mob is an angry mob A rain a-fall but the dirt, it tough A pot a-cook bu...

Darini Rajasingham-Senanayake
March 28, 2020 10 min read

COVID19: A highly restrictive curfew may be counterproductive

A lockdown may certainly be warranted,  yet a highly restrictive and prolonged curfew may prove to be counterproductive...

Aneetha Warusavitarana - Advocata
March 27, 2020 4 min read

The cost of being a Sri Lankan woman: Menstrual hygiene is very expensive

Sri Lanka's women’s economic participation and opportunity, educational attainment and political empowerment are major...

March 10, 2020 7 min read
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