Category: Opinion
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 […]
Opinion: The Glyphosate Story, CKDu, food security and national economy
Time-tested weed control techniques/tools such as glyphosate,have been removed without scientific proof, affecting our food security and national economy The ban has opened up avenues for business crooks to import the product illegally Glyphosate ban should be lifted and we should continue research on effective and economically viable alternatives By Professor Buddhi Marambe […]
Opinion: In defence of international values; Salisbury was a lawless attack
By Tom Burn (Acting High Commissioner, British High Commission Colombo) On a quiet Sunday in one of Britain’s most beautiful cathedral cities, a father and daughter were struck down by the first offensive use of a nerve agent in Europe since the Second World War. Sergei and Yulia Skripal are still lying stricken in hospital. […]
Opinion: Northern poverty and poor health reduced by lessons from wartime foraging
By Jekhan Aruliah The British author Charles Dickens created a character, Mr.Micawber, who was permanently in debt. Translated into a Sri Lankan context, Micawber famously made the point: “Daily income Rs1,000, daily expenditure Rs990, result Happiness. Daily income Rs1,000, daily expenditure Rs1,010, result Misery”. Simply put, Micawber said if your income is more than your […]
Opinion: Reviving Sri Lanka’s commitments to disarmament
Navigating a Nuclearised Asia for Smaller States: Reviving Sri Lanka’s Commitments to Disarmament By Malinda Meegoda Throughout its diplomatic history, Sri Lanka has maintained a strong anti-nuclear stance. Given the perceived need to avoid antagonising nuclear powers in the region, Sri Lanka has communicated this stance as a general normative and ethical position, rather than […]
Opinion: Geopolitical tug of war between India & China for Indian Ocean
“Geopolitical tug of war between India and China for the Indian Ocean, in case of China’s One Belt, One Road initiative is implemented” By Ruwani Weerasinghe Since 15th Century, Indian Ocean has been a source of disseminating cultural, political, economic & social transformation across the regions. Also it remained as a significant ‘trade agent’ due […]