An Echelon Media Company
Monday February 26th, 2024
Opinion

Creative industries remain an untapped sector in Sri Lanka

They create employment, income, increase export earnings, promote innovation and contribute to societal wellbeing

January 18, 2024 3 min read

Sri Lanka, the Wedding Isle

Every wedding is special for participants and ordinary for the rest of the world.

January 13, 2024 4 min read

Why the IMF is hated now and is backing bad money in Sri Lanka and Latin America

Before the Second Amendment IMF could

December 19, 2023 13 min read

Lanka’s Blue Whale: Eight Evolutionary Stages (Part I)

Science is learning more and more about how these astonishing animals came to exist in the first place

November 15, 2023 10 min read
Sri Lanka is recovering, but threats from central bank, US policy

At the moment the central bank is providing monetary stability seen in the exchange rate and inflation

Sri Lanka top doctor seeks equality in healthcare

He urged fellow doctors to ensure a change of attitude to end discrimination by educating other health care staff

Sri Lanka draws up law on online "untruths", religious hurts

Law will arbitrate on the truth or otherwise of various statements published online

September 5, 2023 1 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

Bellwether
August 14, 2023 15 min read
1

Sri Lanka tables DDR tax hike amendment in parliament

The amendment was published on the government gazette on July 17

August 9, 2023 2 min read

Sri Lanka legislators should deny high inflation goal independence to the central bank

If parliament rubber stamps a 4-6-pct inflation target, a second default is more certain

Bellwether
July 31, 2023 12 min read

Sri Lanka central bank will be unaccountable as long it can punish victims

The new central bank goal and objective are a personification of the impossible trinity of monetary policy objectives

Bellwether
July 12, 2023 10 min read

Sri Lanka can cut rates now, keeping them down as credit picks up will hit rupee: Bellwether

Reserves can be collected by impoverishing the poor, or by taking in their savings

Bellwether
July 5, 2023 7 min read
1

Why is Sri Lanka's rupee appreciating?

Sri Lanka rupee appreciation explained

Bellwether
June 2, 2023 15 min read
2

Gandhi: The social logic of Ahimsa

From his axiom of ahimsa (non-violence), Gandhi derives two promising themes...

Mark Hager
May 18, 2023 28 min read
1

Sri Lanka's collapse in new sovereign default wave is not really China's fault: Bellwether

Mass sovereign default episode in the 1980s also followed a decade of bad money from the Fed

Bellwether
May 2, 2023 15 min read
1

Sri Lanka budget support IMF loans show worrying policy confusion : Bellwether

Converted budget support loans and conflicting PCs can lead to new external instability, discredit and derail reforms

Bellwether
April 18, 2023 13 min read
1
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 315.8517 316.0679
UK Pound 401.4574 401.2833
Euro 343.4590 344.0649
Aus Dollar 209.1156 209.2045
Yen 2.1097 2.1124
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's 'big match' fever is healing

There’s nothing ‘mad’ about March

Krishantha Prasad Cooray
March 16, 2023 5 min read
1

Sri Lanka tables controversial draft monetary law with multiple anchors

The new law appears to have brought back policy conflicts dropped in a previous amendment

Bellwether
March 9, 2023 12 min read

Sri Lanka set to continue 73 years of monetary instability with pseudo inflation targeting law

The inclusion of extensive macro-prudential laws is an admission that money is bad

Bellwether
March 1, 2023 12 min read

Sri Lanka ports, airports made essential services

A strike planned on March 01

February 28, 2023 1 min read

IMF should approve Sri Lanka deal, devise bi-lateral debt-restructuring clause

IMF should stop the promotion of impossible trinity regimes with spurious claims to monetary policy independence

Bellwether
February 28, 2023 12 min read

How Sri Lanka rejected Singapore monetary advice and politicians, people paid the price

Call from Goh, Shenoy to provide sound money discarded in favour of depreciation, flexible regimes

Bellwether
February 9, 2023 14 min read
2

Sri Lanka central bank caught between peg and hard place

Care should be taken to make sure that excess liquidity does not re-emerge from fictitious capital

Bellwether
January 19, 2023 8 min read

Sri Lanka's economic crisis and COVID-19 pandemic reverses progress in SDGs - IPS

"Financing SDGs has become the biggest challenge for Sri Lanka"

January 13, 2023 8 min read

Call to liberalize Sri Lanka shipping for export competitive economy

Singapore has 5,000 shipping agencies and have 140 shipping lines headquarters

January 4, 2023 4 min read

Sri Lanka’s sorry record on protecting Free Expression

The aragalaya has a lit a lamp for free expression

Arjuna Ranawana
December 30, 2022 10 min read