The Monetary Board in conjunction with the Central Bank is busy creating a policy to create systems whereby there is better transmission of monetary policy. The situation has become quite dire as the Central Bank seems to have lost control over interest rates. This is most evident in the Central Bank imposing regulation limiting the ... Read More

Sri Lanka’s is currently in the process of amending its monetary policy. We are moving towards an inflation targeting central bank. The proposed new law is at the stage where the dinosaurs in parliament oppose it on grounds of tradition[1]. Quoting from the referenced link; The requirement that a particular policy be adapted by the ... Read More

The Central Bank has been taking out all its regulatory energy[1] on the Non-Bank Financial Institutions. The current 25 percent cap on ownership targets only the NBFI sector. The earlier guise to this regulatory movement was the need to be compliant with BASEL 3. However, the not so subtle true purpose of the regulation is ... Read More

The recent Easter Sunday bombings, the subsequent politically backed mob violence[1], and the release of a divisive figure all increase political volatility. This volatility if carefully managed can be used to create a change of power. Let it be noted that the divisive figure was jailed for criminal intimidation[2].               Sirisena is borrowing tactics from ... Read More

“The available statistics appear to show that, whether the phenomena are connected or not, the rise of prices has nearly been proportional to the increase of currency”[1] J M Keynes on India “Apart from the fluctuations of the seasons the Indian level of prices is most influenced at the present time by the extent to ... Read More

The largest and most noticeable failure on a day to day basis on the stock exchange is the lack of trade in corporate debt. This is inexcusable as the infrastructure to trade corporate debt via online retail channels already exists. There is market demand.

The self-appointed moral police of the world is out and about again. Bakamoono.lk in a recent post has spread the normalization of censorship accompanied by ill-informed activism. They have shamelessly spread clickbait published by the BBC. It is titled Japanese Magazine Apologises Over University ‘Sex Listing’. The title is purposely vague and misleading. I believe ... Read More