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[An article based on the Keynote Address delivered by Dr. P. Nandalal Weerasinghe, Governor of the Central Bank of Sri Lanka, recently at the Annual Research Symposium 2023 of the University of Colombo] Introduction Inflation affects every aspect of our lives; it is a force that shapes our purchasing power, influences our financial decisions, and […]
- Nexus between money, exchange rate, money printing and inflation (Category: Breaking News)
- ‘SL’s inflation reduced to single digit levels in 2023 along with restoration of price stability’ (Category: Breaking News)
- High interest rates have prevented contraction of economy – CBSL Governor (Category: Breaking News)
- CB eases monetary conditions by reducing its interest rates (Category: Breaking News)
[…]The post Good Governance & Economic Development – Part II appeared first on Colombo Telegraph.
- Bastiat Reborn In Sri Lanka: Will His Philosophy Be Accepted By Sri Lankans? (Category: Breaking News)
- Good Governance & Economic Development – Part III (Category: Breaking News)
- Good Governance & Economic Development (Category: Breaking News)
- Target 2048 – Private Sector Should Not Just Sit Aloof (Category: Breaking News)
[…]The post Good Governance & Economic Development appeared first on Colombo Telegraph.
- Opinion Vs Truth (Category: Breaking News)
- Are We Rotting Or Rotten? (Category: Breaking News)
- Sri Lanka’s Two Challenges: Economic Recovery & Political Devolution (Category: Breaking News)
- Who Or What Made Us Insolvent (Category: Breaking News)
Cassandra was struck by three untruths (lies if the real term needs to be used) spluttered out this last week. The Island on Thursday June 1 carried this headline on page 1:” Aragalaya group behind project to cause religious disharmony.” That is a blatant lie for the very simple reason that one feature the Aragalaya […]
- Jesus, freedom and democracy (Category: Breaking News)
- Aragalaya became victim of elitist conspiracy – Dilan (Category: Breaking News)
- Political engagement with Aragayala necessary (Category: Breaking News)
- No-faith motion against Speaker defeated (Category: Breaking News)
[…]The post Lanka: Dilemmas & Economic Programmes – Do We Consume More Than We Produce? appeared first on Colombo Telegraph.
- Planning For A Year Of Elections (Category: Breaking News)
- The Impact Of The Next Election On The Economic Reforms (Category: Breaking News)
- Liberal Or Edible Economics: Global Disorder Worst In A Century (Category: Breaking News)
- Liberalism, capitalism & The Hungry Masses: “Edible Economics” Will Need To Restrain Choices (Category: Breaking News)
[…]The post Cockiness; What Price? appeared first on Colombo Telegraph.
- A Painted Ship In A Painted Ocean (Category: Breaking News)
- Time For Truth Telling (Category: Breaking News)
- On Whose Side Is God? (Category: Breaking News)
- Who Or What Made Us Insolvent (Category: Breaking News)
[…]The post Who Or What Made Us Insolvent appeared first on Colombo Telegraph.
- Greenwashing Bond Scams & Financializing Mother Nature: Climate Science Fiction Versus Local Rea... (Category: Breaking News)
- Bleeding Hearts & Brave Hearts (Category: Breaking News)
- Electing A New Parliament & Ending The Old Presidency (Category: Breaking News)
- Brahmins Demand A Debate On Debt (Category: Breaking News)
[…]The post 182 Experts Call For Debt Cancellation But Private Investors Play Hardball appeared first on Colombo Telegraph.
- Amherst man accused of threatening 6 members of Congress for failing to support President Trump (Category: USA, New Hampshire)
- Amherst man accused of threatening 6 members of Congress for failing to support President Trump (Category: USA, New Hampshire)
- Amherst man accused of threatening 6 members of Congress for failing to support President Trump (Category: USA, New Hampshire)
- Amherst man accused of threatening 6 members of Congress for failing to support President Trump (Category: USA, New Hampshire)
Institutions remain the most important factor for strengthening productivity and the investment climate in a country. Good governance, rule of law, and socio-political stability are crucial determinants of long-run economic growth. As famously described by Douglas North, “Institutions are the rules of the game in a society; more formally, they are the humanly devised constraints […]
- More and better jobs: Policy prescription for South Asia (Category: Business)
- RW says great power rivalries and geopolitics emerging threat to Third World (Category: Breaking News)
- President at Nikkei Forum: Asia needs a single voice at 2023 UN Climate Change Conference (Category: Breaking News)
- International financial institutions and development in Asia (Category: Business)
The United Kingdom (UK) says it recognises the economic challenges that Sri Lanka is facing. UK Foreign Office Minister Vicky Ford said the UK is closely monitoring the economic situation in Sri Lanka, including foreign exchange data reported by Central Bank of Sri Lanka and Sri Lankan authorities. In a written response to the UK […]
- UK in talks with Paris Club on Sri Lanka issue (Category: Breaking News)
- UK calls for inclusive approach to resolve crisis in Sri Lanka (Category: Breaking News)
- Maldives Speaker to coordinate relief assistance for Sri Lanka (Category: Breaking News)
- Boris Johnson speaks to Ranil about Putin’s barbaric invasion (Category: Breaking News)
By Easwaran Rutnam The United Kingdom (UK) is in talks with Paris Club members on potential solutions to Sri Lanka’s unsustainable debt. The Paris Club is a group of officials from major creditor countries whose role is to find co-ordinated and sustainable solutions to the payment difficulties experienced by debtor countries UK Parliamentary Under-Secretary at […]
- UK calls for inclusive approach to resolve crisis in Sri Lanka (Category: Breaking News)
- UK recognises economic challenges in Sri Lanka (Category: Breaking News)
- Sri Lanka to seek assistance from Paris Club and G7 (Category: Breaking News)
- UK dismayed at use of violence against protesters in Sri Lanka (Category: Breaking News)
[…] 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)
A salutary reader interest on share market regulation A reader of the previous week’s My View titled ‘SEC: Not a mere watchdog, but a bloodhound mandated to bite’ has raised an important issue with this writer. He has asked the question why it is necessary to have a regulator to police the financial markets and ...
- The ability to save (Category: Business)
- Of Confidence Tricksters and Ponzi Schemes (Category: Breaking News)
- Pyramid schemes galore in rural areas where financial literacy is low– Police spokesman (Category: Breaking News)
- Need To Restrain The Power Of Shadow Finance (Category: Breaking News)
Commissioners given freedom to decide future course with regard to DG post Dr. Jayasundera says top professionals picked to give leadership to a sound capital market growth Priyantha and Sujeewa served as Commissioners under Indrani Sugathadasa as well Opposition and certain market segments decry choice of men given their conflicting roles By Nisthar Cassim Likely ...
- Mudalige out; Kalinga in (Category: Business)
- Ex-SEC DG Channa appointed to Pan Asia Bank board (Category: Business)
- Ex-Bribery Chief laments non-payment of arrears (Category: Business)
- SEC Annual Report: No show of Indrani and thankless to ex-DG Malik (Category: Business)
Last week I had the opportunity of meeting the Maldivian business delegation that was in Sri Lanka with their Head of State to sign a series of bilateral agreements with the Government of Sri Lanka. One CEO of a large resort chain in the Maldives said the climate change issues that the Maldives is up ...
- Will companies overpower countries? (Category: Business)
- US keen to ride on Lanka’s growth (Category: Business)
- Marketing 3.0 and Sri Lanka (Category: Business)
- CMA-SAFA focuses on sustainability and corporate responsibility (Category: Business)
By Gamini Weerakoon Towards a sustainable corrupt government’ was the title of the skit we wrote on July 5, in this column stressing the importance of ‘sustainability’, the buzz word in politics and economics. In almost every sphere of human activity environment, trade, commerce, education or ADT (Any Damn Thing), ‘sustainability’ is a vital factor. ...
- Gandhi clan blamed for keeping India in poverty (Category: Business)
- Lessons from Telangana - The genie of separation (Category: Business)
- Ailing matriarch Sonia puts Gandhi dynasty at crossroads (Category: Business)
Emirates’ A380 route network has extended to the Netherlands with the launch on 1 August of services to Amsterdam. Emirates is the first carrier to offer a scheduled A380 service to the Netherlands, after just two years since its first flight to Amsterdam. The double decker will operate as EK 0147, departing Dubai to Amsterdam ...
- Amsterdam joins Emirates’ A380 network (Category: Business)
- Emirates’ A380 Goes to Amsterdam (Category: Breaking News)
- Emirates to fly A380 twice a day to New York JFK (Category: Business)
Reuters: Romney or Obama? Republican or Democrat? The U.S. presidential election may inflame voter passions, but based on past experience, whoever wins the world’s most powerful elected office isn’t likely to move the dollar. The U.S. dollar’s performance over the past 40 years shows little relation to the party holding the presidency and more to ...
- Asian shares fall on fears over Europe fund tightness (Category: Business)
- Shares ease on China growth worry, dollar stays firm (Category: Business)
- Gold firms on China inflation spike, US jobs data (Category: Business)
- US economic fix could take years: Obama (Category: Business)
Ford Motor Company unveiled the highly anticipated all-new Ford Ranger at the Ceylon Motor Show 2012, where Sri Lankan consumers will be able to see and experience the redesigned vehicle for the first time. The class-leading compact pickup truck has been completely reinvented, offering superior performance, safety, technology and quality. Ford returns to the Ceylon ...
- Vintage cars beauties to behold (Category: Business)
- Man killed in Snohomish Co. hit-and-run crash (Category: USA, Washington)
- Automakers rev up new model rollout in US – study (Category: Business)
- Mobil partners Ceylon Motor Show 2012 as Official Lubricant (Category: Business)
BRUSSELS (Reuters): Rising tensions with India and China over the European Union’s “arrogant” law on carbon emissions could rob the region of the markets that can rescue it from economic malaise, airline leaders said last week. They also said they had prepared contingency plans for a possible exit of Greece from the euro, as part ...
- Passenger fare hike may earn airlines a CO2 windfall (Category: Business)
- China airlines will not pay EU emissions tax: industry body (Category: Business)
- Lufthansa to pass $ 169 m carbon costs to passengers (Category: Business)
- Shipowners join WWF, Oxfam in urging climate levy (Category: Business)
Reuters: Asian shares fell for a second successive day on Friday as another batch of lacklustre U.S. data stoked concerns that the recovery in the world’s biggest economy is faltering. The euro was steady after a bumpy session on Thursday, when European Central Bank chief Mario Draghi
- Rs. 1,020 m profit by LECO (Category: Breaking News)
- Buffett builds $ 10.7 b stake in IBM (Category: Business)
- Bourse down on retail selling, liquidity concerns (Category: Business)
- Fresh bids ordered for sale of 3 Ceylinco companies (Category: Breaking News)
LONDON (Reuters): The dollar fell to a two-month low against a basket of currencies on Monday, weighed down after modest first quarter growth in the US economy kept alive chances of further monetary easing by the Federal Reserve. The dollar is likely to come under more pressure if data, including
- Ben's Paper (Category: Business)
- Euro hits decade low vs yen, remains vulnerable (Category: Business)
- Yen firms against dollar and euro in Asian trade (Category: Business)
- Dollar bounces back on US manufacturing surprise (Category: Business)
The economy grew at 8.3% last year, the highest-ever pace, up from 8.0% in 2010. Per capita income went up from US$ 2,400 to $ 2,836. Fine, but we need to ask two questions: What are the costs incurred? Is this growth sustainable? Before that, a word of caution regarding the interpretation of Gross
- US employment gains slow, jobless rate drops (Category: Business)
- China gets red alert to avoid Japanification as consumer price drops drag inflation to lowest le... (Category: Breaking News)
- Inflation drops further in November, says CB (Category: Business)
- Sri Lanka’s demand for legal booze drops by 30 percent (Category: Breaking News)
REUTERS: Global growth is slowly improving as the US recovery gains traction and dangers from Europe recede, but risks remain high and the situation is very fragile, the International Monetary Fund said on Tuesday. Another flare-up of the eurozone sovereign debt crisis or sharp escalation in oil prices on geopolitical uncertainty could disrupt a world ...
- IMF sees risks to global growth, calls for collective action (Category: Business)
- Global economic outlook slowly improving but remains fragile (Category: Business)
- IMF marks down global growth forecast, sees risk on rise (Category: Business)
- IMF MD calls for anchoring stability to sustain higher and better growth (Category: Business)
SINGAPORE (Reuters): Asian equities hit a one-week high on Tuesday, holding firm in the wake of recent signs of improvement in the U.S. economy, while the yen rose after the Bank of Japan kept monetary policy steady. The BOJ, which surprisingly eased policy last month, kept interest rates unchanged
- Japan economy shrinks more than expected in Q4, weak exports weigh (Category: Business)
- BOJ’s Shirakawa hopes intervention stabilises FX (Category: Business)
- Bank of Japan easing lifts shares (Category: Business)
- Japan corporate mood up despite yen worry (Category: Business)
Ford this week announced the winning project under their Environmental Conservation and Grants program in Sri Lanka. The ‘Fire Prevention in Knuckles Forest Reserve’ project was selected as the winner after heavy jury examination and will receive up to $ 10,000 from Ford Motor Company to implement their proposal. Ford Motor Company’s Conservation and Environmental ...
- How to develop an effective marketing plan (Category: Business)
- Organisational sustainability (Category: Business)
- Central Bank’s key suggestions (Category: Business)
Most think nation's economy is improving, but many have a gloomier view about the situation closer to homeGloria Lamar sees signs that the nation's economy has taken a turn for the better. Her 401(k) retirement fund is recovering. Her job is stable. Last June she even felt confident enough to buy
- RNC chief on Obama: 'A fish rots at the head' (Category: USA, Illinois)
- Northbrook filling coffers with sales tax (Category: USA, Illinois)
- You can't give happiness; you shouldn't even try (Category: USA, Illinois)
- Taxpayers come out ahead on public works projects (Category: USA, Illinois)
Reuters: Asia’s economic growth looks set to stumble over the next few months, prompting a flurry of interest rate cuts and a spike in stimulus spending that may ultimately pave the way for a strong recovery in the second half of 2012. “The catch-phrase for 2012 is the Asia yo-yo,” said Rob Subbaraman, chief Asia ...
- Asia’s economy heading for “yo-yo” year in 2012 (Category: Business)
- Rupee on a yo-yo! (Category: Business)
- Video: Cellist Yo-Yo Ma leads students in arts workshop (Category: USA, California)
- Man accused of molesting boy in Sacramento 'strongly believed' to have abused other yo... (Category: USA, California)
SINGAPORE (Reuters): Asia’s economic growth looks set to stumble over the next few months, prompting a flurry of interest rate cuts and a spike in stimulus spending that may ultimately pave the way for a strong recovery in the second half of 2012. “The catch-phrase for 2012 is the Asia yo-yo,” said Rob Subbaraman, chief ...
- Asia’s economy heading for ‘yo-yo’ year in 2012 (Category: Business)
- Rupee on a yo-yo! (Category: Business)
- Video: Cellist Yo-Yo Ma leads students in arts workshop (Category: USA, California)
- Man accused of molesting boy in Sacramento 'strongly believed' to have abused other yo... (Category: USA, California)
What do nation states do when their politicians ruin their economies by serial lying to the voters, running up huge domestic and international financial deficits, uncontrolled corruption, cannot keep interest rates at reasonable rates, cannot control inflation nor hold the exchange rate steady and run the country on an unsustainable basis, depending on what has ...
- Inept’ocracy (Category: Business)
- Mario Monti named to head new Italy government (Category: Business)
- Asia stocks rise on hopes of progress in Europe (Category: Business)
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