Ga onbeperkt met Magzter GOLD

Ga onbeperkt met Magzter GOLD

Krijg onbeperkte toegang tot meer dan 9000 tijdschriften, kranten en Premium-verhalen voor slechts

$149.99
 
$74.99/Jaar
The Perfect Holiday Gift Gift Now

Expectations and disappointments

Daily FT

|

July 23, 2025

IT is nearing 11 months since Anura Kumara Disanayake became President and nine months since the JVP-NPP coalition was put in power with an unassailable two-third majority in Parliament. Both were made possible by a new generation of Sri Lankans awakened by an accelerating desolation of the country’s democratic governance, economic development and its socio-cultural heterogeneity.

Expectations and disappointments

The 2023 Aragalaya was the expression of their discontent, which impressed upon voters that without a fundamental change in the political leadership and art of governance the country had no hope of getting back to its past glory. But even before the Aragalaya, there were progressive thinkers and spokespersons within the elder generation who too were advocating the need for system change. AKD’s promise of a new political culture through social revolution was music to their ears, and when the coalition was swept to power with Madam Harini Amarasuriya, a qualified and experienced social activist as the country’s second woman Prime Minister there was an air of optimism sweeping throughout the nation. There was an aura filled with great expectations from the new leadership.

Clear set of signals

True, system change cannot happen overnight especially in the absence of a preset blueprint on the proposed new system. Therefore, the expected change needs to come through a process of trial and error. Even so, voters are entitled to expect at least a clear set of signals that the promises made are being translated into reality. But sadly, whether because of incompetence or inexperience or because of ideological differences between the coalition partners progress made so far has been too little, too narrow and too tardy. This is disappointing to say the least.

MEER VERHALEN VAN Daily FT

Daily FT

SEC eases Minimum Public Holding rules for listings via Introductions

Says move aimed at boosting market flexibility

time to read

3 mins

January 01, 2026

Daily FT

Govt. unveils National Electricity Policy in push for cost-reflective tariffs, reforms

Energy Ministry invites public consultations on or before 9 January Energy pricing, reforms crucial components of IMF EFF program

time to read

3 mins

January 01, 2026

Daily FT

Right of Reply: BPPE responds to PMAC over water contracts

BUSINESS Promoters & Partners Engineering Ltd., (BPPE) has issued the following Right of Reply to the artide headlined RTI exposes irregularities in SL water contracts involving Chinese SOES-PMAC calls for accountability and urgent probe into unsolicited bids and inflated costs published in the Daily FT on 29 November 2025:

time to read

1 min

January 01, 2026

Daily FT

Daily FT

Gangaramaya Temple City taking shape to be world-class tourist and cultural hub

Rs. 600 m initiative part of Colombo City Tourism Attraction Enhancement Program being implemented in collaboration with Western Province Governor, UDA, and Gangaramaya Temple/ Sri Jinarathana Adyapana Ayathana Palaka Sabhawa 550-seat performance hall, heritage galleries, exhibition spaces, and outdoor recreational areas designed to host cultural performances, educational workshops, and community events

time to read

2 mins

January 01, 2026

Daily FT

Daily FT

Staying competitive by transferring pay risks through performance-based compensation

MY interest in performance-based compensation in Sri Lanka heightened when combating the trickle-down effects of the Global Financial Crisis of 2008 and the end of the civil war in 2009.

time to read

9 mins

January 01, 2026

Daily FT

Sri Lanka needs more than transparency to break the cycle of corruption: University of London Economists

SRI Lanka will not escape another cycle of unsustainable public debt if it relies only on transparency and traditional “good governance” reforms without creating real pressure from actors who can enforce rules in their own interest, senior economists from SOAS University of London warned in Colombo last week.

time to read

9 mins

January 01, 2026

Daily FT

CCPI remains steady in December

HEADLINE inflation, as measured by the year-on-year (YoY) change in the Colombo Consumer Price Index (CCPI), remained steady in December 2025 for the second consecutive month.

time to read

1 mins

January 01, 2026

Daily FT

Daily FT

India doubles financial commitment to 3 housing projects in North and South

INDIAN has announced a doubling of financial commitment to three housing projects in the Northern and Southern Provinces.

time to read

2 mins

January 01, 2026

Daily FT

New CEO at Siyapatha Finance assumes office today

■Veteran Ananda Seneviratne concludes his tenure as Managing Director

time to read

2 mins

January 01, 2026

Daily FT

Daily FT

Rebranding Sri Lanka is a collective responsibility: Booking.com Regional Chief

BOOKING.COM Regional Head for South Asia Santosh Kumar said rebranding Sri Lanka and unlocking its next phase of economic growth will require a collective national effort that goes well beyond Government-led initiatives, stressing that recovery alone is not a long-term strategy for sustainable development.

time to read

2 mins

January 01, 2026

Listen

Translate

Share

-
+

Change font size

Holiday offer front
Holiday offer back