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By Steve Grant In 1993 then premier of China, Zhu Rongji, stood in front of a large map on his office wall, pointed to it and saw China’s destiny. China was largely landlocked, he said, open to the sea only on one side. It was different to other great powers who looked out onto a […]
- Chinese military raises tensions everywhere it goes (Category: Breaking News)
- Obama tells Asia, U.S. ‘here to stay’ (Category: Business)
- 2023 outlook: India will mark its rise by showing leadership (Category: Breaking News)
- No inflation respite for Asia despite fall in food, fuel prices (Category: Business)
Power and Energy Minister Kanchana Wijesekera says Sri Lanka has enough petrol but the diesel stocks have been prioritised for electricity generation. Speaking in Parliament today, Wijesekera said that there is no shortage of petrol in the market. He said that more petrol had been dispatched to fuel sheds yesterday. However, he said that while […]
- Octane 95 Petrol available for 6 weeks (Category: Breaking News)
- Kanchana declares war on the electricity board (Category: Breaking News)
- Only limited amount of petrol available till 23rd June (Category: Breaking News)
- CPC to assure fuel to companies that pay in USD (Category: Breaking News)
[…] The post An Exit Strategy From The Crisis: Agenda For Shared Revival Of Sri Lanka appeared first on Colombo Telegraph.
- What’s Next, After The Rajapaksa Clan & #GotaGoGama Are Both Gone? (Category: Breaking News)
- A Postscript To Political Crisis: A Way Out (Category: Breaking News)
- The First Step Of Aragalaya Is Completed: What Is Next? (Category: Breaking News)
- What’s The Country Need Now? (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 Sri Lanka: Typical Propaganda By A Corrupt Nefarious Regime! appeared first on Colombo Telegraph.
- High Time To Repeal The PTA & Release All Prisoners Held Under It (Category: Breaking News)
- 40 Years After The Anti-Tamil Pogrom Of July 1983: Root Causes Remain Unaddressed (Category: Breaking News)
- National Peoples Power’s Indian Visit: A Boost To Its Status? (Category: Breaking News)
- Sri Lanka – Nation Building, Devolution & The 13th Amendment – Part III (Category: Breaking News)
The location of Sri Lanka has a strategic significance and this has been proven by the historical trading activities between Sri Lanka and ancient China, Egypt, and the Roman Empire. There is ample evidence to show that Sri Lanka was a main trading hub in Asia. The reasons for occupation of Sri Lanka by the ...
- Accelerating inclusive growth: The role of the external sector (Category: Business)
- Sri Lanka to revive FTA talks with India, China and Thailand (Category: Breaking News)
- Is Sri Lanka geared for globalisation? (Category: Business)
- EDB turns 33 (Category: Business)
The worst drought in the US in at least five decades has resulted in the loss of one-sixth of the expected corn crop. The UD Department of Agriculture (USDA) has estimated that corn farmers have been compelled to abandon fields greater in area than Belgium and Luxembourg combined, following the hottest July ever recorded in ...
- Global food prices near 3-year highs – World Bank (Category: Business)
- Resource depletion: Opportunity or looming catastrophe? (Category: Technology)
- No inflation respite for Asia despite fall in food, fuel prices (Category: Business)
- Japan says El Nino emerges, raising fears on food prices (Category: Business)
Industry experts urge disillusioned local investors to ‘buy when it’s down and sell when it’s up’ In a highly volatile atmosphere and with low investor confidence in the Colombo Bourse, experts earlier this week went against the negative sentiments and instead stated that now is the time to buy. These views were aired at a ...
- Why Lion leads frontier (Category: Business)
- Achieving economic goals amidst global challenges (Category: Business)
- Sustainability in volatility: The bankers’ challenge (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)
Four examples; two bad and two goodThe website of the London Economist newspaper has a reference to an official of a certain country referring to a journalist in words similar to what follows – I have substituted words which would be appropriate to an officer and a gentleman addressing a lady, for what was actually ...
- Corporatism: A step beyond state capitalism (Category: Business)
- Entrepreneur and the profit motive (Category: Business)
- Exercising civic responsibilities (Category: Business)
The International Air Transport Association (IATA) on Tuesday announced in Beijing that South African Airways will host the 69th Annual General Meeting (AGM) and World Air Transport Summit (WATS). The event will draw the top leadership of the air transport industry to Cape Town’s International Convention Centre from 2 to 4 June 2013. “South Africa ...
- Qantas’ Joyce is new IATA Chairman (Category: Business)
- IATA milestones in three initiatives: DDS, Distribution and Industry Awards (Category: Business)
- Aviation industry leaders to meet in Beijing on Monday (Category: Business)
- Sri Lankan Airlines joins ‘Oneworld alliance’ (Category: Breaking News)
Given one month extension pending reconstitution Adding to the confusion and controversies, the Board of Directors of the BOI is in limbo with subject Ministry Secretary Dr. P.B. Jayasundera giving it a month’s extension. The move follows the tenure of the members of the Board ending recently and until the latest extension indicated this week, ...
- BOI says approvals up 100%, agreements signed by 25% in 1Q (Category: Business)
- Challenges for FDI (Category: Business)
- Ministry of Economic Development breaks silence; responds to tourism, BOI issues (Category: Business)
- FDI exceeds 1.5 billion USD target set by BOI for 2023 -State Minister of Investment Promotion (Category: Breaking News)
( April 29, 2012, Colombo, Sri Lanka Guardian) Sri Lanka has once again, like many times in recent years, sought the assistance of China to help avert a balance of payments crisis and also fund two key projects, official and political sources said. In a visit just before the Sinhala and Hindu New Year, that was kept under wraps, a team of officials led by Treasury Secretary Dr. P.B. Jayasundera we...
- IOC eyeing oil refining in Sri Lanka (Category: Breaking News)
- Does Sri Lanka need India to run Sri Lanka? (Category: Breaking News)
- China to provide US$ 600 million to finance the phase II of the Hambantota port (Category: Breaking News)
- IOC considering setting up a US$ 3.5 billion worth oil refinery in Sri Lanka (Category: Breaking News)
Sri Lanka has once again, like many times in recent years, sought the assistance of China to help avert a balance of payments crisis and also fund two key projects, official and political sources said. In a visit just before the Sinhala and Hindu New Year, that was kept under wraps, a team of officials led by Treasury Secretary Dr. P.B. Jayasundera went to China and secured assurances of a US$1....
- Persian Prop (Category: Business)
- Refining Revision (Category: Business)
- China set to build new Sri Lanka refinery, says Minister (Category: Breaking News)
- Oil Plan (Category: Business)
Reuters: Indian Oil Corp is ready to help Sri Lanka cut its heavy dependence on Iranian crude imports, as tighter Western sanctions hit supplies from Tehran, IOC subsidiary Lanka IOC told Reuters on Thursday. A top Lanka official said it was ready to help in a $ 2-billion upgrade of Sri Lanka’s 50,000 barrels per ...
- IndianOil to set up refinery in Sri Lanka for Rs 20,000 cr (Category: Breaking News)
- IndianOil to set up $3.6 bln refinery in Sri Lanka (Category: Breaking News)
- IOC plans $ 3.6 billion refinery at Sapugaskanda (Category: Business)
- Indian oil company to set up refinery in Sri Lanka (Category: Breaking News)
Fat burners do not burn fat, literally; aphrodisiacs are frustratingly passionless; tablets to prolong passion fall short of the desired duration; green tea is trying to slim fat bodies; memory enhancers inevitably cause dementia; Minoxidil and hair formulae keep heads balding; and beauty products create superficial, transient beauty. There are medications to elongate the phallus ...
- Right To Information Act (Category: Breaking News)
- National constitution should be a social contract between the people and the state (Category: Breaking News)
- Bloated public sector – a major impediment to development (Category: Breaking News)
- Loss from inefficiency and waste far exceeds corruption losses: Eran W (Category: Business)
Several days after its original announcement of suspension of flights during off-peak season, SriLankan Airlines retracted saying services to Rome, Milan and Moscow will continue uninterrupted. “SriLankan Airlines’ services to Rome, Milan and Moscow will remain uninterrupted as per the present schedule. The flight frequencies to these three destinations will also remain the same,”...
- Rome, Milan, Moscow flights uninterrupted - SriLankan (Category: Breaking News)
- SriLankan to continue flights to Rome, Milan and Moscow (Category: Breaking News)
- SriLankan resumes flights to Europe (Category: Breaking News)
- SriLankan drops Zurich, Rome, Milan in off-peak season (Category: Business)
SriLankan Airlines yesterday announced certain capacity adjustments to its European route network, taking into consideration the rise in fuel and operational costs and economic indicators in the EU region. It said taking current travel trends into consideration, the airline will cancel flights to Zurich, Switzerland during the off-peak from 1 May to 26 June and ...
By Cheranka Mendis The volatility in Middle Eastern markets, coupled with the increasing issue of low quality due to competition and increasing costs, has placed the local tea industry in a big fix, which could, if unattended, immediately mark the end of a Sri Lankan legacy in four to five years. Despite Sri Lankan tea ...
- Tackling tea travails (Category: Business)
- Planters’ Association Chief says turbulent times for tea (Category: Business)
- Sector report (Category: Business)
- Tea Industry Divided Over Importing Tea For Blending (Category: Breaking News)
Loss-making State-owned enterprises are nothing new in Sri Lanka. One of the better known ones is SriLankan Airlines, which was given to Emirates due to its inability to breakeven but was retaken by the present Government. Pros and cons of this move is history but cash-strapped and a midst losses, it appears that the Government ...
- Sri Lankan fully national (Category: Business)
- Economy Exercise (Category: Business)
- Social Media (Category: Business)
- New Wings (Category: Business)
By Tisaranee Gunasekara “Nothing is closer to the law of the jungle than a system of distorted laws and procedures” Haaretz Editorial (2.1.2012) President Rajapaksa won the Eelam War, with the help of countless others (including the imprisoned Gen. Fonseka). In fairytales, the hero who saves a country from some deadly peril is rewarded with ...
- Rajapaksas have rendered the judiciary as subservient as the armed forces or the police (Category: Breaking News)
- UPFA MP Says Hakeem Will Lose (Category: Breaking News)
- We will create an education system that protects dignity of labour – President (Category: Breaking News)
- We will create an education system that protects dignity of labour – President (Category: Breaking News)
A survey conducted last week on the health of the Sri Lankan economy revealed that almost 64% said that the Government had done its task but only 43% had said that there had been growth in the economy. Whilst some can say that this data is strange, a similar set of information was shared at ...
- What’s next for Brand Sri Lanka? (Category: Business)
- Marketing 3.0 and Sri Lanka (Category: Business)
- Sri Lanka can be a top 30 country by 2015 (Category: Business)
- Treasures of Sri Lanka, the ethical way (Category: Business)
Reuters: New investors who have shown interest in Sri Lankan oil and gas exploration await the results of Cairn India’s drilling of a second well in the Mannar Basin before committing to anything, Sri Lanka’s Oil Minister said on Tuesday. Petroleum Industries Minister Susil Premajayantha confirmed that Russian gas export monopoly Gazprom, Malaysian State oil ...
- Government in the dark on extent and volume of Mannar Basin gas deposits (Category: Business)
- Govt. to call tenders for oil exploration in five blocks (Category: Business)
- Another Indian firm to explore oil in Mannar Basin (Category: Business)
- Sri Lankan gas strike for Cairn (Category: Breaking News)
In business the most difficult part is finding, servicing and retaining markets and market share. In exports, this is even more challenging. The ultimate in value addition is brand marketing. The optimum return in global business is achieved by the growth and development of brands. The national economy where the brand is owned has a ...
- ‘Pure Ceylon Tea’ or ‘tea hub’? The billion dollar question (Category: Business)
- Storms brewing in teacups (Category: Business)
Eshana De Silva, the Chairman of the Esna Group of Companies and Shermans Logistics has been officially appointed as the Honorary Consul to Kazakhstan. De Silva is also a Director of Pan Asia Bank, Mc Marine and functions as a board member of the Board of Investment (BOI) and the Sri Lanka Ports Authority (SLPA). ...
- G.L. to Russia and Kazakhstan (Category: Breaking News)
- Gujarat opens door for Lankan companies (Category: Breaking News)
- Current Form (Category: Business)
- Middle Order (Category: Business)
Many moons ago, at the end of 2007 in fact, I did a piece for the now-defunct Montage magazine titled “And Then What?” seeking to deal with prospects for Sri Lankans after the Liberation Tigers of Tamil Eelam (LTTE) were done away with. Even though the prognostications were made about a year and a half ...
- Gaddafi lessons for brand building (Category: Business)
- Muammar Gaddafi dead of wounds following capture - Reuters (Category: Breaking News)
- Gaddafi son rallies loyalists for Tripoli fightback (Category: Business)
- Sri Lanka Embassy In Libya To Remain Closed (Category: Breaking News)
By Malathi De Alwis On 18 May 2009, Sri Lanka officially declared the end of a 30-year civil war fought between. Sri Lankan government forces (GoSL) and Tamil militants, namely the Liberation Tigers of Tamil Elam (LTTE). Such a sea...
- India’s Chinese Bogeymen (Category: Breaking News)
- Cuba out voted at UN Human Rights Council over Sri Lanka (Category: Breaking News)
- China and India playing the great game in Sri Lanka (Category: Breaking News)
- For India, Sri Lanka is not indispensable, but for Sri Lanka, India is indispensable (Category: Breaking News)
By Dr. Dayan Jayatilleka As Asia basks in the glow of the emergence of China and India and benefits from it (economists have even coined a term, ‘CHINDIA’, for this win-win strategic perspective), opinion makers and the media in Sri...
- India says cannot cut economic ties with Sri Lanka due to fear of China's influence (Category: Breaking News)
- Rail Deals (Category: Business)
- Opposition slams Government over pro-China policy (Category: Breaking News)
- Commercial Move (Category: Business)
by Ranil Wickremesinghe By the 4th century BC, Asia had begun its first cycle of economic growth and power. This was the reason why Alexander the Great decided to travel eastward to establish an empire. At that time there was...
- Asia economy: Consumers to the rescue? (Category: Business)
- Economic power shifting to Asia from the West? (Category: Business)
- No inflation respite for Asia despite fall in food, fuel prices (Category: Business)
- Achieving economic goals amidst global challenges (Category: Business)
By Mandana Ismail Abeywickrema Sri Lanka’s decision to set up a 1,200MW nuclear power plant by 2025 is expected to be the single largest investment in the country. The nuclear power plant is aimed at generating cheap electricity to address the increasing demand while drawing large investments to boost the country’s economy. The Cabinet of ...
- Environmental concern over nuclear plans (Category: Breaking News)
- Sri Lanka sticks to nuclear energy hopes even after Fukushima disaster (Category: Breaking News)
- Environmentalists slam Sri Lanka's nuclear power plant plans (Category: Breaking News)
- CEB takes nuclear aim (Category: Breaking News)
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