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[…] The post Beyond Ousting The Shamed ‘Suhartos’ Of Sri Lanka! appeared first on Colombo Telegraph.
- From “Gota’s War” To War Against Gota; Aragalaya’s Historic Strike! (Category: Breaking News)
- Irony Of The Downfall Of Rajapaksas; Lessons & Opportunities! (Category: Breaking News)
- Can Sri Lanka Come Out Of Its ‘Deer In The Headlights’ Mindset? (Category: Breaking News)
- Political Hawks Can Hijack The Post-Aragala Agenda! (Category: Breaking News)
[…] The post A Staged Default & Sovereign Bond Debt Trap? IMF’s Spring Meetings Amid Hybrid Cold War appeared first on Colombo Telegraph.
- Ripples In The Indian Ocean: Yuan Wang 5 & Easter Sunday 2019 (Category: Breaking News)
- Of Elections, Bond Scams & Money Politics: The Anatomy Of Default @75 (Category: Breaking News)
- Gota Back In The USA & A Chilling Killing: Welcome To 2023 A (Virtual) Realty In A Post-Truth Wo... (Category: Breaking News)
- IMF, Sri Lanka’s Resource Curse & Privatization Of The Central Bank (Category: Breaking News)
[…] The post The Ground Situation In The Sri Lankan North & East; The Possibility Of A Resurgence Of Tamil Militancy appeared first on Colombo Telegraph.
- The Ground Situation In The Sri Lankan North & East; The Possibility Of A Resurgence Of Tamil Mi... (Category: Breaking News)
- The Ground Situation In The Sri Lankan North & East; The Possibility Of A Resurgence Of Tamil Mi... (Category: Breaking News)
- The Ground Situation In The Sri Lankan North & East; The Possibility Of A Resurgence Of Tamil Mi... (Category: Breaking News)
- Budget 2023: Defence Expenditure & The Tamils Of Sri Lanka (Category: Breaking News)
[…] The post For Sri Lankans Who Are In Limbo Due To China & America Conflict appeared first on Colombo Telegraph.
- For Sri Lankans Who Are In Limbo Due To China & America Conflict (Category: Breaking News)
- For Sri Lankans Who Are In Limbo Due To China & America Conflict (Category: Breaking News)
- Changing Dimensions In ‘Power’; The Role Of India & China & Sri Lanka’s Predicament (Category: Breaking News)
- India Is Over The Moon, Ranil Wants Sri Lankan Children Taught Hindi & Chinese (Category: Breaking News)
[…] The post For Sri Lankans Who Are In Limbo Due To China & America Conflict appeared first on Colombo Telegraph.
- For Sri Lankans Who Are In Limbo Due To China & America Conflict (Category: Breaking News)
- For Sri Lankans Who Are In Limbo Due To China & America Conflict (Category: Breaking News)
- Changing Dimensions In ‘Power’; The Role Of India & China & Sri Lanka’s Predicament (Category: Breaking News)
- India Is Over The Moon, Ranil Wants Sri Lankan Children Taught Hindi & Chinese (Category: Breaking News)
[…] The post The Ground Situation In The Sri Lankan North & East; The Possibility Of A Resurgence Of Tamil Militancy appeared first on Colombo Telegraph.
- The Ground Situation In The Sri Lankan North & East; The Possibility Of A Resurgence Of Tamil Mi... (Category: Breaking News)
- The Ground Situation In The Sri Lankan North & East; The Possibility Of A Resurgence Of Tamil Mi... (Category: Breaking News)
- The Ground Situation In The Sri Lankan North & East; The Possibility Of A Resurgence Of Tamil Mi... (Category: Breaking News)
- Budget 2023: Defence Expenditure & The Tamils Of Sri Lanka (Category: Breaking News)
[…] The post The Ground Situation In The Sri Lankan North & East; The Possibility Of A Resurgence Of Tamil Militancy appeared first on Colombo Telegraph.
- The Ground Situation In The Sri Lankan North & East; The Possibility Of A Resurgence Of Tamil Mi... (Category: Breaking News)
- The Ground Situation In The Sri Lankan North & East; The Possibility Of A Resurgence Of Tamil Mi... (Category: Breaking News)
- The Ground Situation In The Sri Lankan North & East; The Possibility Of A Resurgence Of Tamil Mi... (Category: Breaking News)
- Budget 2023: Defence Expenditure & The Tamils Of Sri Lanka (Category: Breaking News)
[…] The post The Ground Situation In The Sri Lankan North & East; The Possibility Of A Resurgence Of Tamil Militancy appeared first on Colombo Telegraph.
- The Ground Situation In The Sri Lankan North & East; The Possibility Of A Resurgence Of Tamil Mi... (Category: Breaking News)
- The Ground Situation In The Sri Lankan North & East; The Possibility Of A Resurgence Of Tamil Mi... (Category: Breaking News)
- The Ground Situation In The Sri Lankan North & East; The Possibility Of A Resurgence Of Tamil Mi... (Category: Breaking News)
- Budget 2023: Defence Expenditure & The Tamils Of Sri Lanka (Category: Breaking News)
[…] The post For Sri Lankans Who Are In Limbo Due To China & America Conflict appeared first on Colombo Telegraph.
- For Sri Lankans Who Are In Limbo Due To China & America Conflict (Category: Breaking News)
- For Sri Lankans Who Are In Limbo Due To China & America Conflict (Category: Breaking News)
- Changing Dimensions In ‘Power’; The Role Of India & China & Sri Lanka’s Predicament (Category: Breaking News)
- India Is Over The Moon, Ranil Wants Sri Lankan Children Taught Hindi & Chinese (Category: Breaking News)
Although the Asian region is better prepared for economic turmoil than it was a decade ago, high levels of financial, trade and investment integration with the Western economies ensure that no country is immune to the effects of the Eurozone debt crisis. While most of the European Union (EU) economies struggle to design new austerity measures to ...
- Sri Lanka is an exciting and resilient business destination (Category: Business)
- Huge gains for South Asian consumers: CUTS (Category: Business)
- Challenging times for Asia Pacific (Category: Business)
- Developing Asia’s growth to moderate amid global uncertainty, says ADB (Category: Business)
Reuters: Banks are getting round new rules intended to make a still vulnerable industry safer while countries are distracted by the continuing financial crisis, the International Monetary Fund said on Tuesday. The IMF’s latest Global Financial Stability Report said banks will adjust
- Demands on bank assets pose “vicious cycle” danger (Category: Business)
- India finds balance in NPLs recovery and borrower rights (Category: Business)
- Insurers, asset managers need tighter control – BIS (Category: Business)
- Three steps to avoid a global depression – Soros (Category: Business)
SINGAPORE: Business sentiment among Asia’s top companies fell for the second straight quarter, dragged down by export-orientated economies such as China and Japan, while domestic spending helped boost Southeast Asia’s outlook, a Thomson Reuters/INSEAD survey showed. Concerns over global demand are hurting Asia’s export engines, with autos, technology and shipping sectors am...
- Europe, China worries hurt business sentiment: survey (Category: Business)
- Asian markets dampened by Bernanke, factory data in focus (Category: Business)
- Asia’s growth picking up, too early to celebrate (Category: Business)
- ‘Pessimism’ over Asia-Pacific growth: survey (Category: Business)
Commendable achievements Over the years Sri Lanka has gained a considerable reputation for its achievements in social development. It punches above its weight on the UNDP’s Human Development Index. It has also performed very well in meeting the internationally agreed Millennium Development Goals (MDGs), which focus on indicators related to poverty, health, education and gender ...
- From poverty to sustainability in Sri Lanka (Category: Business)
- Equity and well-being in Sri Lanka (Category: Business)
- “Connecting People to Prosperity” in Sri Lanka. A reality check with “Mahinda Chinthanaya” (Category: Breaking News)
- ‘Divi Neguma’ Dept: Development catalyst, dependency creator or a white elephant? (Category: Business)
NEW YORK (Reuters): Comparing the Federal Reserve to a rehab clinic offering addicted investors a synthetic high has been a favorite of Wall Street wags ever since the first round of Fed stimulus nearly four years ago. The punch line is that you always need more and more to get the same high and each ...
- Bernanke quiet on next Fed move, stresses job crisis (Category: Business)
- Fed ramps up economic stimulus, ready to do more (Category: Business)
- Time to buy as market has corrected itself enough: Panel (Category: Business)
- World stocks steady near 11-mth lows (Category: Business)
By Saman Gunadasa World Socialist Web Site: A scandal over the manipulation of shares on the Colombo Stock Exchange has erupted in recent weeks, after former Sri Lankan Securities Exchange Commission (SEC) Chairman Thilak Karunaratne accused Government ministers of acting in league with speculators. Karunaratne was pressured by President Mahinda Rajapaksa to quit his position, ...
- Former SEC Chief Tilak insists no overregulation (Category: Business)
- Tilak insists no overregulation (Category: Business)
- Bourse boom awaits boosted brokers after Presidential forum (Category: Business)
- Tilak talks his way out of SEC (Category: Business)
It is unfortunate that today many impressions of Sri Lanka in foreign countries are based on unverified facts, and wrong or deliberately manipulated disinformation, carried out by those who once supported the forces of terror. These same elements continue to sow the seeds of division and separatism through various media, and also influence politicians in ...
- Commonwealth is here! (Category: Business)
- President tells Commonwealth delegates that Sri Lanka is steering on the democratic path after e... (Category: Breaking News)
- President tells CPA – “See the truth about Sri Lanka: against barrage of lies by agents of terror” (Category: Breaking News)
The first Prime Minister of independent India, Pandit Jawaharlal Nehru, wrote 75 years ago: “It would be absurd to say that the profit motive does not appeal to the average Indian, but it is nevertheless true that there is no such admiration for it in India as there is in the west. The possessor of ...
- Corporatism: A step beyond state capitalism (Category: Business)
- The rise of State capitalism: new masters of the universe or an ominous portent? (Category: Business)
- Impunity: Unequal before the law (Category: Business)
Last week I met up with some key business people from Indonesia, which does heavy trading with China on the basis of subcontracted business, and is now attempting to diversify its business due to the volatility of the Chinese economy. This made me conduct some research on the Chinese economy. The findings highlighted the need ...
- Village as a developmental unit (Category: Business)
- China on track to meet 2012 growth target: Wen (Category: Business)
- WB cuts China growth forecast to 8.2% (Category: Business)
- China’s tight job market defies economic downturn (Category: Business)
Reuters: Citigroup Inc agreed to pay $590 million to settle a shareholder lawsuit accusing it of hiding tens of billions of dollars of toxic mortgage assets, one of the largest settlements stemming from the global financial crisis. The agreement resolves claims that shareholders
- Citi to pay CPC $ 2.5m as legal fees (Category: Business)
- Citigroup to cut jobs, total could top 3,000 (Category: Business)
- NYC mayor’s race fundraising stats show Ray McGuire awash in cash (Category: USA, New York)
- NYC mayor’s race fundraising stats show Ray McGuire awash in cash (Category: USA, New York)
24th August 2012 Dr. P. B. Jayasundera, Secretary to the Treasury, Ministry of Finance & Planning The Secretariat, Colombo 1. Dear Dr. Jayasundera, Establishment of a Financial Services Authority and a Banking and Finance Commission I suggest for your consideration that you duly evaluate the long-term national economic benefits of enhancing effective fiscal management capability ...
- Promoting productive social protection (Category: Business)
- MBSL seminar on ‘Implications of the new Finance Business Act’ on 19 September (Category: Business)
- The loud voice of economists: Reform or perish (Category: Business)
- Taming the ‘monsters’ (Category: Business)
Reuters: China’s factories contracted in August the most in nine months according to a survey showing falling export orders and rising inventories, signs that more policy action is probably needed to stop a slowdown in economic growth now in a seventh quarter. The HSBC Flash China manufacturing purchasing managers index (PMI) fell to 47.8 in ...
- China factory surveys signal economic growth stays soft in Q3 (Category: Business)
- China manufacturing shrinks for 11th month (Category: Business)
- China May factory activity turns down – HSBC Flash PMI (Category: Business)
- China factory sector shrinks most in 32 months (Category: Business)
By Cassandra Mascarenhas The technical sessions of the Association of Professional Bankers’ 24th anniversary convention were held yesterday, bringing the APB’s flagship event to a close. Aptly themed ‘Sustainability in volatility: The bankers’ challenge,’ each technical session explored an area that could throw obstacles in the path of bankers and the line-up of speak...
- More than ever, businesses must think ‘what if’ (Category: Business)
- Banking foresight – Shaping integrated development (Category: Business)
- APB to promote ‘Sustainability in Volatility’ at 24th anniversary convention (Category: Business)
- Threat of recession contains risk of further global bank failures (Category: Business)
The NDB Group has delivered yet another strong performance for the first half year of 2012 recording a commendable profit after tax of Rs. 1,362 million to its shareholders, which is an increase of 36 per cent compared to the previous year. Chairman of the Bank Hemaka Amarasuriya stated: “The impressive results are attributable to ...
- NDB reports strong financial results in 1Q (Category: Business)
- NDB awarded international accolade for brand excellence (Category: Business)
- NDB Group 2011 profits up 35% to Rs. 2.9 b (Category: Business)
- NDB enjoys $ 59 m net receipts; poised for investment and growth (Category: Business)
Sri Lanka’s over US$ ($) 500 million leasing industry plans to raise between $ 150-250 million from international capital markets to circumvent high borrowing costs locally, an official told this newspaper. Kamal Yatawara, Chairman Finance Houses Association of Sri Lanka (FHA) and director/CEO The Finance Company plc said that an international donor agency whose name ...
- Finance Houses Association elects Kamal as Chairman (Category: Business)
- People’s Leasing Group marks significant results for 2012 FY (Category: Business)
- Sri Lanka Central Bank provide credit guarantees for companies (Category: Breaking News)
- BoC Leasing goes online with OpenArc ‘SkyLease’ Software (Category: Business)
By Chamitha Kuruppu The Janatha Vimukthi Peramuna (JVP) on Wednesday stated that the time has come for the public to “stand against the irresponsible decisions and unwise acts of the Finance Minister and the Central Bank Governor that leads this country into an economic downfall.” President Mahinda Rajapakse as the Minister of Finance and Central ...
- UNP raises alarm over NSB investment in The Finance (Category: Business)
- JVP breathes fire against 2018 Commonwealth Games bid (Category: Business)
- Illegal money changers in crisis as more transactions move into mainstream (Category: Business)
- Harsha renews call for swift action against NSB-TFC deal makers (Category: Business)
financial crisis was one of the strongest among middle-income countries (MICs), but its growth ...
- RAM upgrades CDB Finance ratings to BBB/P2 with a stable outlook (Category: Business)
- Indian auto firm Atul plans CKD unit in Sri Lanka (Category: Business)
- Asian economies: Managing spillovers and advancing economic rebalancing (Category: Business)
Following is the part one of the Daily FT article featuring the Acuity Stockbrokers Research on Economy and Strategy titled “Lion Leads Frontier” launched last week. Better than the rest General frontier market risks remain pertinent to Sri Lanka Investors in frontier markets are well aware of the risk-return tradeoff intrinsic to these markets. Low ...
- Lion leads frontier markets (Category: Business)
- Sri Lanka’s growth world’s fourth best! (Category: Business)
- Sharper slip in Sri Lanka’s rank in global competitiveness (Category: Business)
Global Foreign Direct Investment (FDI) inflows rose 16 per cent in 2011, surpassing the 2005-2007 pre-crisis level for the first time, despite the continuing effects of the global financial and economic crisis and the current debt crisis in Europe, UNCTAD’s annual survey of investment trends reports. The World Investment Report 20121, subtitled ‘Towards a New ...
- Global FDI defies crisis to jump 17% to $ 1.5 trillion in 2011 (Category: Business)
- Global FDI slumps as debt crisis scares M&A away: UN report (Category: Business)
- UNCTAD moots new generation of investment policies for sustainable development (Category: Business)
- Global trends in investment (Category: Business)
MILAN/LONDON (Reuters): Italian fashion house Valentino has been snapped up by the Qatari royal family for 700 million euros ($857.5 million), the latest purchase of a top European luxury brand by an emerging market investor. The luxury label loved by Jacqueline Kennedy Onassis and Audrey Hepburn said on Thursday that Mayhoola for Investments S.P.C, an ...
- Valentino in exclusive sale talks with Qatar (Category: Business)
- Rossi pays tribute to Simoncelli (Category: Business)
- Singapore railway station gets new life as fashion runway (Category: Business)
- Lorenzo cruises to Italian MotoGP win (Category: Business)
REUTERS: Little more than a dozen years after the region’s crippling financial crisis, Southeast Asia is looking more a safe haven than a risky bet, with foreign investors souring on China and India and pouring money into markets proving resilient to the global gloom. Short-term investors
- ASEAN path to economic union muddied by South China Sea (Category: Business)
- Asian shares rally, euro up on US jobs (Category: Business)
- Dollar debt set to remain sparse and steep in Asia (Category: Business)
- Economists rethink Asia’s doom-and-gloom scenarios (Category: Business)
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