They say cowards die many times & the brave only once. There must be many who bravely invested in the ventures of late Lalith Kotelawala (LK) & die daily due to the fall. They may know if LK died once or not after his fall from fame in 2008. LK once said that he grew…
By Nilupulee Rathnayake Having weathered a challenging period marked by a deep economic crisis, Sri Lanka is now demonstrating positive signs of an economic upturn. Still, amidst limited homefront policy alternatives against an unfavourable global backdrop, a critical question arises: how will Sri Lanka’s external sector cope in the face of these challenges? Notably, import…
‘Bodhidharma’ is widely believed to be a South Indian ‘Master’ or a ‘Brahman’ who travelled to Great China approx 5th Century AD. He is respected for teaching meditation & martial arts to the Shaolin monks of the Shaolin Monastery. The dialog between ‘Bodhidharma’ & the emperor of China is a good read for anyone interested in…
By Dr Nisha Arunatilake Even before the onset of COVID-19, malnutrition stood as a significant driver of multi-dimensional poverty among children in Sri Lanka. Startling data from the Department of Census and Statistics (DCS) in 2019 revealed that one in three children aged 0 to 4 who are multidimensionally poor, are either underweight or stunted….
Complied by the Securities and Exchange Commission of Sri Lanka Subsequent to the enactment of the new Securities and Exchange Commission of Sri Lanka (SEC) Act No. 19 of 2021 and the provisions enabled thereto, the SEC is presently working with the Colombo Stock Exchange (CSE) to introduce Regulated Short Selling through a Securities Borrowing…
Ravana’s aircraft (Dandu-Monara) & how the monkey force grounded it during the Seetha Devi conflict is legend. If it was real, once the machine was destroyed, Ravana would have regretted conflicting for the Indian girl than settling for local talent. May be he wouldn’t have if the aircraft was state property & not his own….
US President Ronald Regan was considered the most powerful leader by many with the fall of the Soviet Union in the late 1980s. By 2023 a government shutdown in the USA was being discussed & some analysts were talking of a 90% chance. The Congress had to draw a line on midnight 30th September to…
By Indika De Zoysa Social media platforms have become the epicentre of our collective digital discourse in an age defined by the relentless pace of technological advancement. These platforms have revolutionised how we communicate and emerged as influential players in the realm of politics, particularly during elections. I have observed with keen interest the profound…
Perceived Economic Opportunity Index [PEOI] 2023 Q2: April 01 to June 30, 2023 We said at the end of the first quarter of 2023 that a distant glimmer of hope had appeared. It continues to shine at the end of the second quarter of 2023 but is flickering. The Foundation of Economic Freedom in…
There’s been a welcome uptick in business sentiment amid multiple sensitivities The ongoing evaluation – the first such review by the IMF – of the four year Extended Fund Facility (EFF) programme, the new Inland Revenue (Amendment) Bill, continuing disinflation, the domestic debt optimisation (DDO) framework, and the fluctuating price of fuel are having whirlwind…
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