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[…] The post Delayed IMF Assistance & The Fertilizer Ban: President Rajapaksa’s “Two Mistakes” That Pauperized Sri Lanka appeared first on Colombo Telegraph.
- Sri Lanka on brink of food crisis after economic meltdown (Category: Breaking News)
- Crisis-hit Sri Lanka’s president requests help from Indian, Chinese, Middle East envoys – PMD (Category: Breaking News)
- What The President Can Do Before He Goes (Category: Breaking News)
- Sri Lanka Agripreneurs’ Forum recommends 10 proposals to overcome food crisis (Category: Breaking News)
[…] The post Lack Of Accountability, Ability & Credibility appeared first on Colombo Telegraph.
- Changing Pillows To Cure Headaches: Concepts, Solutions & Actions (Category: Breaking News)
- President Must Resign Now! (Category: Breaking News)
- Debt Trap, Lack Of Accountability & Blunders (Category: Breaking News)
- Changing Pillows To Cure Headaches: Politicians—Constitutional Amendment Mess (Category: Breaking News)
22-04-2022, Amsterdam: In the latest series of EFSAS interviews, Mr. Junaid Qureshi (Director EFSAS) welcomed virtually Professor Mick Moore, a highly regarded political economist and professorial fellow at the Institute of Development Studies at the University of Sussex. He is also the founding CEO of the International Centre for Tax and Development and was appointed […]
- Sri Lanka state finances would improve with domestic domestic restructure: think tank (Category: Breaking News)
- China leaves crisis-ridden Sri Lanka in the lurch to fend for itself (Category: Breaking News)
- 182 Experts Call For Debt Cancellation But Private Investors Play Hardball (Category: Breaking News)
- A Generational Shift To Face The Crisis In Sri Lanka (Category: Breaking News)
[…] The post Dawn At Galle Face: Which Tomorrow? appeared first on Colombo Telegraph.
- A Janus Moment (Category: Breaking News)
- Sri Lanka In The Chalk Circle (Category: Breaking News)
- The End? (Category: Breaking News)
- From “Gota’s War” To War Against Gota; Aragalaya’s Historic Strike! (Category: Breaking News)
PARIS/LONDON (Reuters): Leading members of the Group of 20 nations are prepared to trigger an emergency meeting to address soaring grain prices caused by the worst US drought in more than half a century and poor crops from the Black Sea bread basket. France, the United States and G20 president Mexico will hold a conference ...
- Bill Gates to urge G20 not turn backs on poor (Category: Business)
- Euro zone crisis set to dominate G20 meeting in Paris (Category: Business)
- G20 to Europe: show us the money (Category: Business)
- World 2011 grain output record high, market tight: FAO (Category: Business)
By Nisthar Cassim The world’s leading nutrition, health and wellness company, Nestlé said last week Sri Lanka is a high growth market with strong upside in tandem with improving socioeconomic development aided by the end-of-war benefit. “We are experiencing double digit growth in Sri Lanka and see very positive prospects going forward. Our commitment to ...
- Creamier 2011 for Nestlé Lanka shareholders (Category: Business)
- Nestlé Worldwide Executive Vice President in town (Category: Business)
- Nestle Lanka ends 2011 with strong results (Category: Business)
- Rs. 1.1 b Nestle rice noodle plant to serve convenient-foods hungry Sri Lanka (Category: Business)
Some countries make progress outside U.N. process Progress is slow towards new climate deal Shift needed from targets, penalties to standards CO2 emissions continue to grow LONDON/OSLO: Green economic growth rather than strict targets for cutting greenhouse gases needs higher priority if the world is to reach a deal to fight climate change by a ...
- Nations warn of broken promises at UN climate talks (Category: Business)
- Accelerating growth: catching the wave or missing the bus (Category: Business)
- Shipowners join WWF, Oxfam in urging climate levy (Category: Business)
- No region immune to Europe crisis: World Bank Chief (Category: Business)
by Sarath De Alwis The crisis is not in our system of higher education. The crisis is in not knowing what higher education is. Arrogance of presumed superior knowledge of the policy makers and dogmatism of the teachers has precipitated a debate that reflects a pedantry of crisis proportions. We do not seem to have ...
- Friday Forum on crisis in the education sector (Category: Business)
- Say no to NEPF! Say no to abolishing free education! (Category: Breaking News)
- Free education and parents’ aspirations (Category: Business)
- "I dont like to use the term 'student supppression' simply because there is no such thing" (Category: Breaking News)
BULAWAYO, Zimbabwe, (IPS): The Global Environment Facility (GEF) is ready to be a catalyst for transforming the way the global environment is managed, said the next CEO and chairperson of the multilateral institution, Dr. Naoko Ishii, in this interview with Tierramérica *. The GEF recognises the inseparable linkage between environmental and economic well-being, which was ...
- Natural Capital (Category: Business)
- Companies calculate debt to Planet Earth (Category: Business)
- World faces stark choice at Rio+20, warns UN Report (Category: Business)
By Shamil Samsul Mueen 1. Introduction The global financial crisis has raised imperative issues concerning the stability and reliability of existing financial systems. This has driven an extensive global re-examination on the competence of the existing financial architecture and the search for a more enduring solution. As a result an increasing interest in Islamic finance ...
- HNB launches Al-Najah Islamic banking unit (Category: Business)
- Islamic finance: Challenges and opportunities (Category: Business)
- Islamic banking and finance advisory services to assist financial institutions (Category: Business)
Airbus has decided to offer a further enhanced version of the popular A330 airliner by increasing the maximum takeoff weight capability to 240 metric tons. The 240 ton capability will be first applied to the larger A330-300 model and subsequently to the A330-200 and A330-200F. The 240 ton A330-300 will benefit from up to 400nm ...
- MASkargo takes delivery of first A330-200F (Category: Business)
- Enhanced levels of comfort, privacy and functionality (Category: Breaking News)
- In-flight connectivity takes to the skies with Etihad Airways (Category: Business)
- Gay Paree On Oman Air (Category: Breaking News)
BANGKOK (IPS): The just-ended United Nations sustainable development summit in Rio de Janeiro has exposed the discomfort that many developing Asian countries have over buzz words like ‘green economy’ and ‘green growth’ in development diplomacy. With the Economic and Social Commission for Asia and the Pacific (ESCAP), the U.N. regional development arm, endorsing these concep...
- Challenging times for Asia Pacific (Category: Business)
- Green economy and impact on trade (Category: Business)
- More challenging global environment ahead for Asia Pacific region (Category: Business)
By Marianne David MP and consultant economist Dr. Harsha De Silva yesterday alleged that THE UNP’s criticism over the mismanagement of the economy and the Central Bank as well as the EPF’s investments in banking stocks have been emphatically validated by global rating agency Standard and Poor’s.“Standard and Poor’s reiterated what we have been saying ...
- Harsha claims Govt., CB lack credibility (Category: Business)
- UNP draws guns on “military control” of Rupee (Category: Business)
- S&P’s soother! (Category: Business)
BANGALORE (Reuters): India’s inflation may have accelerated at its fastest pace this year in May, driven by higher food and fuel prices, impeding chances of a rate cut by the RBI at its review next week, a Reuters poll showed. The wholesale price index, India’s main inflation gauge, is expected to rise 7.60 percent in ...
- India’s inflation may have picked up slightly in Feb. (Category: Business)
- India’s GDP grows 6.1% in Q3, weakest in almost 3 years (Category: Business)
- RBI shifts focus to growth, cuts CRR by 50 bps (Category: Business)
- India Central Bank leaves interest rates unchanged, cuts CRR (Category: Business)
INSEAD, the leading international business school, has partnered with leading TMT advisory and investment firm Delta Partners to release a joint white paper that defines core emerging markets, growth drivers as well as opportunities and challenges in the global telecommunications industry. At a time when Facebook is getting ready to IPO, its focus on emerging ...
- Global Information Technology Report: living in a hyperconnected world (Category: Business)
- Colombo to host GSMA mWomen Working Group meeting (Category: Business)
- Dialog extends deal with Cable&Wireless to provide managed services to customers (Category: Business)
The International Air Transport Association (IATA) last week announced global traffic results for March showing that total passenger demand rose 7.6% and freight demand climbed 0.3% compared to the same month last year. Comparisons with March last year are affected by events that depressed passenger demand in 2011, including the Arab Spring, which disrupted travel ...
- 2011 ends on positive note for global aviation (Category: Business)
- Global aviation’s growth slows again in July: IATA (Category: Business)
- Global aviation demand growth slows, says IATA (Category: Business)
The International Air Transport Association (IATA) last week called upon governments to work together and with the aviation industry to maximise aviation’s ability to sustainably drive global economic development and job creation. “Governments and industry share a common interest in aviation’s success. Aviation is a business and a driver of economic and social development that .....
- IATA disappointed with CJEU opinion; Urges global solution through ICAO (Category: Business)
- UN aviation body says emissions proposal by year-end (Category: Business)
- IATA calls for harmonization and vigilance for secure aviation (Category: Business)
- Qantas’ Joyce is new IATA Chairman (Category: Business)
SINGAPORE (Reuters): Asia’s economic growth probably troughed in the first quarter but a bounce-back may be muted, a Reuters poll showed. Although the fear factor has faded over Europe’s debt crisis and a slowing U.S. economy, both will still be a drag on growth rates in the region. Respondents in a quarterly survey of over ...
- China can easily boost consumtion to strengthen its economy: IMF (Category: Business)
- Asia growth to slow in 2012, no China crash seen (Category: Business)
- Airbus sees China, Asia as recession buffer (Category: Business)
- ‘Pessimism’ over Asia-Pacific growth: survey (Category: Business)
IATA says outlook remains fragileThe International Air Transport Association (IATA) last week released global traffic results for February 2012 showing an 8.6% improvement in passenger demand and a 5.2% rise in cargo demand compared to the same month in the previous year. Several factors inflated February 2012 results and distorted comparisons with the year-ago period. ...
- Global aviation’s growth slows again in July: IATA (Category: Business)
- 2011 ends on positive note for global aviation (Category: Business)
- Global aviation market improves in April: IATA (Category: Business)
- Global aviation demand growth compromised by high oil prices – IATA (Category: Business)
In the time tested form of the parliamentary system of governance there is the concept of Cabinet Responsibility (Ministerial Responsibility) where ministers are said to be ‘collectively responsible’ for government policy. In Sri Lanka’s fast evolving constitutional form of government – particularly under President Mahinda Rajapaksa – the cabinet itself has become a tremendous joke .....
- Nawinna Gives Formula For Mervyn’s Success (Category: Breaking News)
- #SriLanka: New Cabinet takes oath in presence of President (Category: Breaking News)
- Ministers To See Stars (Category: Breaking News)
- Lanka delays Cabinet swearing-in (Category: Breaking News)
Despite a select few reporting highest-ever profits, the combined figure of 210 companies which have released their financials so far reveals a concerning trend. The cumulative earnings for the quarter ended on 31 December 2011 was Rs. 40.6 billion, up by only 0.56% year-on-year according to broking sources who have tracked corporate results. The 210 ...
- Maersk raises 2012 outlook on freight rate recovery (Category: Business)
- Growth gloom (Category: Business)
- WPP cautious on 2012 after emerging markets help 2011 (Category: Business)
Clouded prospects in developed markets cast a shadow over outlook for trade and economyBy Jonathan Story Two key forces that have driven Asia’s transformation for decades can be counted on to continue apace in the coming year: economic development and China’s rise. Nonetheless, individual Asian countries will struggle to balance domestic and international responsibilities in ...
- Divergent trends as Sept. passenger traffic rises freight declines — IATA (Category: Business)
- Islamic markets seen leading global trade volumes (Category: Business)
- Bouyant StanChart eyes 10th record year, new hires (Category: Business)
- Asia, not North America, now has most millionaires (Category: Business)
Fuel has become as important as food and water to the human life. It is due to fuel being connected to all human activities from cooking to transportation. That is why their hearts miss a beat and their economies get affected when there is a hike in the prices of petrol, diesel, kerosene oil ...
- Sri Lanka’s Ceypetco raises fuel price to record high in line with pricing formula – Minister (Category: Breaking News)
- GOVERNMENT DEPLORES UNP ATTEMPTS TO EXPLOIT THE OIL CRISIS FOR POLITICAL GAINS (Category: Breaking News)
- Sri Lanka sees backlash against market pricing of expensive, polluting diesel (Category: Breaking News)
- No fuel price revision in Sri Lanka for August: energy ministry (Category: Breaking News)
“Our sense is that if we do not act boldly and if we do not act together, the economy around the world runs the risk of a downward spiral of uncertainty, financial instability and potential collapse of global demand… we could run the risk of what some commentators are already calling the lost decade” – ...
- W. Bank’s Zoellick says double-dip recession unlikely (Category: Business)
- Flashing red - European debt crisis signals collapse of social welfare state (Category: Business)
- World economy fragile, faces “uneasy calm” – IMF (Category: Business)
- G20 backs Europe’s plans for overhaul to fight crisis (Category: Business)
If the Governor of Central Bank has an urge to enter politics, he should come to Parliament without playing politics inside the CB, charges United National Party Parliamentarian and well-known Economist Dr. Harsha de Silva. Dr. de Silva notes that Governor Nivard Cabraal should respect the sanctity of the Central Bank and therefore if Cabraal ...
- Treasury Chief urges help for balance of payments (Category: Business)
- Nivard sees weak rupee recovering to 125 (Category: Business)
- Central Bank sees rupee firming helped by inflows (Category: Business)
- Sri Lanka affirms flexible FX policy, but will intervene if needed (Category: Business)
Etihad Airways on Monday announced it was buying 10 more Boeing 787-9 Dreamliners in a deal which will make it the largest operator of the aircraft type in the world. The airline has also ordered another two Boeing 777 Freighters for its fast growing Etihad Crystal Cargo operation. The 12 additional aircraft are valued at ...
- Etihad Airways counting down to Boeing 787 Dreamliner (Category: Business)
- Boeing 787 Dreamliner touches down in Abu Dhabi (Category: Business)
- Boeing sees more 787 cancellations, still upbeat (Category: Business)
- Etihad gets first Boeing 747-400 freighter (Category: Business)
Order increases Boeing’s 787 customer base in Middle EastBoeing and Oman Air, the Sultanate of Oman’s flagship carrier recently announced an order for six Boeing 787-8s at the Dubai Airshow. The airline completed an arrangement with Boeing and Kuwait-based leasing company ALAFCO to transfer existing orders for the six Dreamliners from ALAFCO to Oman Air. ...
- Boeing sees more 787 cancellations, still upbeat (Category: Business)
- Spotlight turns to output as Boeing wins show (Category: Business)
- Air India takes delivery of its first Boeing 787 Dreamliner (Category: Business)
- China Eastern orders 45 Boeing 737s, cancels 787 orders (Category: Business)
By Cheranka Mendis With mobile penetration directly linked to increasing economic growth in a country, Sri Lanka with its bullish growth prospective stands to benefit heavily from the ever-expanding ICT and telecommunication sector. Alcatel-Lucent Asia Pacific President Rajeev Singh-Molares who was in Sri Lanka for a brief visit yesterday told the media that a World ...
- Sierra Global strengthen ties with Alcatel-Lucent (Category: Business)
- Alcatel-Lucent doubles revenue in Lanka (Category: Breaking News)
- Alcatel Lucent’s APAC President in town (Category: Business)
- Alcatel-Lucent unveils first profit of $ 1.33 b in six years (Category: Business)
UNP Co-Deputy Leader Karu Jayasuriya The Budget lacks direction and is neither here or there. For the consumer, it is inflationary; nor does it instil investor confidence. It has a political aim but lacks an economic aim. Furthermore, it does not address the productivity of employment; nor does it address the salaries of professionals and ...
- Blame tough decisions, says Rann (Category: South Australia)
- Vic Govt begins budget sell (Category: Australia, Victoria)
- Muzammil’s moves to deliver on manifesto (Category: Business)
- Govt. takes vengeance on private sector over pension bill – JVP (Category: Business)
Discussion on the validity of non-military engagements of the military The war or internal armed conflict in the north and east is over; the Emergency is no more; but still the military is everywhere. The military is now engaged in peacetime police-work, whale watching, selling vegetables, agriculture, cleaning, constructions and many other non-military activities. Yet, ...
- Military in Sri Lanka encroaching on civilian control of government (Category: Breaking News)
- Sri Lanka will act on evidence of atrocities by troops (Category: Business)
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