Moving Out of Money

We aren’t getting an inflation targeting mechanism in the near future. To paraphrase the words of the outgoing Central Bank Governor, it is unlikely that given the political situation such a ground-breaking piece of legislation will be passed in parliament. An inflation targeting regime was to be combined with an independent central bank. The Central ... Read More

Power Grab

This is based given the timing and implicit manifesto of the Presidential bid orchestrated by Mangala Samaraweera. As perceived by many in internal party member dialogues this has been characterized as a bid for the Prime Minister’s Post by Mangala. His supporters frame it as the last chance to beat Gotabhaya Rajapaksa’s bid. This is ... Read More

Political Volatility and Creating a Narrative

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 CSE can if the SEC won’t

Recently at a Capital Markets Conference hosted by UTO EduConsult, I had the privilege of listening to one Thilan Wijesinghe. Thilan who was quite on edge went on for about an hour speaking on how the current sentiment within the capital market is warranted. Then he joined a panel discussion wherein he restrained himself considerably. ... Read More