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Government must take hard calls now or risk fading into oblivion
Daily FT
|June 04, 2025
Right now, if there is one politician in Sri Lanka who is endowed with emotional intelligence and armed with a clear mandate to carry through major change, then it is the current president, Anura Kumara Disanayake
consider the difficulty and the importance of the job of ministers, to think what quality of people you are looking for to be ministers and to look at what capable Singaporeans are earning in the private sector and pay commensurately to get the best team possible for Singapore.'
Politicians' remuneration has been a point of much discourse in recent times. Unfortunately, the objectivity of the discourse has been clouded by our innate, and justified, belief that politicians make undue money in ways other than through normal remuneration. Against this background, any argument for pay increases for politicians would meet opposition. Corrupt, opportunistic, slimy, manipulative, and incompetent are adjectives which are used in describing politicians. Despite such sentiments and despite Sri Lanka's appalling social and economic achievements in the last five decades, we, the voters, have continued to elect and re-elect serial miscreants. So much so that we seem to say that we are willing to tolerate an extent of dishonesty in our politicians.
New political culture
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Daily FT
Customs, Inland Revenue unite to crack down on under-invoicing, tax evasion
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Grade 6 education reforms differed to 2027 after textbook controversy
THE Cabinet of Ministers on Monday approved a proposal to postpone the planned education reforms for Grade 6, following widespread controversy over the inclusion of an inappropriate web link in a new English textbook.
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AKD sends strong policy signal: Ditwah will not derail fiscal agenda
PRESIDENT Anura Kumara Dissanayake yesterday sent a strong signal that the Government would not allow Cyclone Ditwah to derail its economic and fiscal program, stressing that policy continuity would be maintained despite the scale of the disaster.
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Daily FT
Trump to impose 25% tariff on Iran's trading partners, limited exposure for Sri Lanka
Iran ranked 34th among Sri Lanka's export destinations in 2024 with exports of $ 67.8 million; imports from Iran were $2.48 million. Tea accounted for nearly 89% of Sri Lanka's exports to Iran; plastic products were the main imports from Iran, valued at under $ 800,000
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Daily FT
Easter without answers: Why power has still failed the dead
“No majority, however large, can outrun that truth”
4 mins
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Daily FT
T-Bill rates notch up marginally at weekly auction
AT the weekly Treasury Bill auction held yesterday, weighted average yields recorded an upwards movement for a fourth consecutive week, albeit witnessing a mwoderation in the increasing momentum.
1 mins
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BYD records 4.6 m NEV sales in 2025, retains global No. 1 ranking
BYD has retained its position as the world's largest seller of New Energy Vehicles (NEVS), recording total global sales of 4,602,436 units in 2025.
2 mins
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Daily FT
Amber Adventures warns arbitrary regulatory actions threaten $ 12.75 m FDI
Alleges BOI-approved $ 12.75 m cable car project facing regulatory harassment. Project suspended over social media posts despite multiple State approvals. Company already invested $ 3.5 m in 2022 during country’s worst economic crisis
2 mins
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Daily FT
Making TIN mandatory for vehicle registration in Sri Lanka
IN a significant policy shift aimed at strengthening financial accountability and improving tax compliance, Sri Lanka's Department of Motor Traffic (DMT) has made it mandatory to provide the Taxpayer Identification Number (TIN) for new vehicle registrations and ownership transfers.
3 mins
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Daily FT
Rajitha Basnayake joins Cargills Bank Board
CARGILLS Bank has appointed Rajitha Basnayake to its Board as an Independent Non-Executive Director:Basnayake is a Chartered IT Professional and an Independent Management Consultant with over thirty five years of extensive experience in ICT and Business Management, providing leadership to mission critical ICT and Business Process Transformation projects enabling business strategies for a wide variety of industry sectors predominantly encompassing financial services, digital entertainment, digital marketing and media, FMCG and consumer durables, retailing and distribution and food and beverage manufacturing and distribution, hospitality and Information Technology solution delivery in private and public sector projects.
1 min
January 14, 2026
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