Category: Opinion
Opinion: Suren Ratwatte was underpaid as CEO of Sri Lankan Airlines
July 23, 2018 (LBO) – A recent uproar has been created by the Right to Information Commission’s disclosure of the executive compensation package of former Sri Lankan Airlines CEO Suren Ratwatte.The disclosure indicated that Ratwatte made approximately US$20,000 monthly basic salary as CEO, plus perks which can be estimated at US$5000 per month. The indicates […]
OPINION: The Sri Lankan tourist industry’s ignorance of the North starts at the top
By Jekhan Aruliah I must first congratulate the Sri Lanka Tourist Development Authority (SLTDA) before I criticise it. Just a few days after the publication of my article in June 2018 complaining their “Sri Lanka Tourist Attractions” map showed nothing in the Northern Province other than Jaffna’s airport, the SLTDA replaced that barren old map. […]
‘s growth
By Dr. Ganeshan Wignarajah Fixing Sri Lanka’s Labour Market: Comparative Lessons July 17, 2018 (LBO) – The recently published ‘Sri Lanka Development Update 2018’1 by the World Bank focuses on creating more and better jobs for an upper middle-income Sri Lanka. It usefully analyses the state of Sri Lanka’s labour market and identifies challenges to […]
Opinion: SOAR’ing through the Cloud in Sri Lanka
By Chandita Samaranayake, Head of Application at Oracle – Sri Lanka, Indochina, and the Maldives The cloud, since its inception, has expanded and evolved into one of the biggest paradigm shifts in the computer age. It is changing how businesses run and people work, it is creating new categories and disrupting existing categories, and it is […]
Opinion: Northern Province Tourism? Is there more in the North than just Jaffna’s airport?
By Jekhan Aruliah According to the Sri Lanka Tourist Development Authority’s (SLTDA) map of “Tourist Attractions” at the time of writing this post, the only attraction in the Northern Province is the airport in Jaffna. I suppose we should be grateful the map at least has the airport. The SLTDA map shows the rest of the […]
Opinion: Importance of Financial Reporting for Transparency
By Nishan Fernando Corporate Reporting Bushman, Piotroski and Smith (2003) identified that the availability of information was considered to be a key determinant of the efficiency of resource allocation decisions and growth in an economy. Availability of information is linked to corporate transparency, defined as the widespread availability of firm-specific information to those stakeholders outside […]
Opinion: Stock Brokerages in Sri Lanka should publish audited accounts on the CSE website
June 21, 2018 (LBO) – Choosing a stock broker in Sri Lanka can be a confusing process.There are 15 member firms and 12 trading member firms listed on the Colombo Stock Exchange (CSE) website. There is nothing else on the website that can help a potential client evaluate which is the best firm to transact […]
Sixways Sri Lanka can attract more foreign investment
A Blog by Tatiana Nenova To facilitate Foreign Direct Investment (FDI), Sri Lanka launched last week an innovative online one-stop shop to help investors obtain all official approvals. To mark the occasion, this blog series explores different aspects of FDI in Sri Lanka. Part 1 put forth 5 Reasons Why Sri Lanka Needs FDI. Part […]
Opinion: How China is turning bad loans into strategic investments
China’s Debtbook Diplomacy: How China is Turning Bad Loans into Strategic Investments Belt and Road is not the Marshall Plan: it’s comprised of loans, not grants, and China expects a return for its money By Sam Parker and Gabrielle Chefitz Through its Belt and Road Initiative, China is extending hundreds of billions of dollars in […]
Opinion : Sub agents and migrants; dissecting their relationship to guide regulation
Bilesha Weeraratne Geetha is an unskilled and uneducated female from rural Sri Lanka. As she was saddled with financial issues and could not find a suitable job in Sri Lanka, she decided to seek employment in Saudi Arabia as a Female Domestic Worker (FDW). However, Geetha was clueless about how to proceed, and thankfully Somadasa […]
Opinion: Mitigating the impact of busy lifestyle on your nutritional health
Interview on Food Safetyand Nutrition with Dr. Krishanthi Premarathne. The great majority of people will experience a food borne disease at some point in their lives. This highlights the importance of making sure the food we eat is not contaminated with potentially harmful bacteria, parasites, viruses, toxins and chemicals. Food can be contaminated at any […]
Opinion: Towards a Common Future: a revitalised & relevant Commonwealth
By James Dauris – British High Commissioner to Sri Lanka The recent Commonwealth Heads of Government Meeting in London brought together leaders representing the interests of 2.4 billion people, nearly one third of the world’s population. Sri Lanka is no stranger to CHOGM. It hosted the meeting in 2013 and President Sirisena led the delegation to […]