@2022 - All Right Reserved. Designed and Developed by Rev-Creations, Inc
27 results found in 1802 ms
Page 1 of 1
Sri Lanka’s stock market, once a darling of investors, has seen its value plummet 26% in the past year and now faces a crisis of confidence after its regulator quit in a storm of controversy. The tiny bourse became the world’s top gainer soon after the country ended decades of ethnic war, but three years later ...
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 ...
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 ...
Reuters: China’s economy is set for a soft landing even as global headwinds increase, the International Monetary Fund said in a report on Wednesday that urged further reform and currency appreciation to rebalance growth and reduce risks. The report said economic reforms
Reuters: China, Europe and Britain loosened monetary policy in the space of less than an hour on Thursday, signalling a growing level of alarm about the world economy, although suggestions of coordinated action were played down. Of the three, the surprise move was from Beijing which lowered its lending rate by 31 basis points to ...
TOKYO: Asian shares and the euro fell on Thursday, sharply reversing the previous day’s rally as optimism was dashed by another delay in cementing a crucial bailout for stricken Greece, underscoring how far away Europe is from resolving its debt crisis. After a three-hour teleconference between euro zone finance ministers, questions remain over the euro ...
Reuters: If the World Bank is correct, 2012 will see the second slowest year of global economic growth in a decade, at a level consistent with a world recession that, like the 2008/2009 financial crisis, would not spare Asia. Its sister organisation, the International Monetary Fund, warns
Whatever planetary conjunctions may come into formation two Full Moons before the Sinhala New Year for President Mahinda Rajapaka and his clan, the economic and political clouds are already gathering ominously over this usually sunny isle. The alleged war crimes allegations have come around for the third time this year in a vicious form. US ...
Reuters: The International Monetary Fund is seeking to more than double its war chest by raising $600 billion in new resources to help countries deal with the fallout of the euro zone debt crisis, but the United States and other countries are throwing up roadblocks. The United States and Canada
Reuters: Greece goes head to head with its creditors on Wednesday in a renewed attempt to break a deadlock in negotiations to slash the country’s debt and stave off default. International private sector creditors represented by the Institute of International Finance IIF.L were set to meet the government in the afternoon. Talks broke down on ...
International Consultants Chairman Ranjiv Goonawardena had kindly invited the Sri Lanka Tourism Promotion Bureau to participate by showcasing the great opportunity that Sri Lanka has to offer, at the Islamic Real Estate Finance (IREF) Summit and Gala Dinner Awards Ceremony of which it was a sponsor. International Consultants sponsored for the second year the ninth ...
Following is the address delivered by Senior Minister for International Monetary Cooperation Dr. Sarath Amunugama at the fourth South Asia Economic Summit (SAES IV) Plenary Session: In the aftermath of the global economic crisis, there has been a noticeable shift in economic clout, moving from the USA and the debt-plagued countries of the Eurozone, to ...
Sri Lanka Economic Association Conference – Key takes at the inauguration By Dinali Goonewardene The Government in addition to domestic constraints faces a series of external and global constraints and the Sri Lanka Economic Association at its annual sessions from 13-14 October 2011 discussed this under the theme ‘Achieving National Economic Goals Amidst Global Challenges’. ...
BEIJING (Reuters): China urged the European Union on Monday to deal with its debt crisis as soon as possible and prevent contagion from spreading, as the country’s number four-ranked leader arrived for a visit of the continent, including Greece. “We hope that the EU countries concerned will reach a comprehensive settlement plan as soon as ...
by Darini Rajasingham Senanayake On 4 February, Sri Lanka celebrated its 63rd birthday. After nearly three decades of armed conflict, it is now one of Southasia’s calmest and fastest-growing countries. Its social indicators, apart from the northeast zone, remain the...
The United Nations Security Council unanimously approved sending an additional 2,000 peacekeepers to the Ivory Coast, citing the lack of security facing the more than 9,000 troops and police officers already there. So many soldiers are required to protect the Golf Hotel, home to Alassane Ouattara, the man recognized as president by the UN and the international community, as ...
by Bob Rae Excerpted with permission from Exporting Democracy: The Risks and Rewards of Pursuing a Good Idea, by Bob Rae, published in 2010 by Mc-Clelland & Stewart. Bob Rae MP, Liberal opposition's foreign affairs critic ~ pic: Western Law...
The International Monetary Fund says economic conditions have shown remarkable progress with low inflation, which is expected to remain in single digits for the year, strong external balances, a high rate of remittance inflows, comfortable levels of gross reserves and rapidly improving tourism
by Rick Westhead Toronto Star, South Asia Bureau TRINCOMALEE, SRI LANKA—The weathered wooden bench that serves as an open-air confessional booth at Our Lady of Guadalupe Catholic Church doesn’t enjoy much down time nowadays. It’s not that more people are...
The International Monetary Fund (IMF) says that fundamental tax reform, including reform of the investment promotion regime, is central to achieving the government’s budget deficit reduction targets while creating the fiscal space for much-needed reconstruction and infrastructure investment
The International Monetary Fund is optimistic that Sri Lanka will be one of the World’s high fliers in terms of growth in the coming quarters. Sri Lanka’s economy advanced by 8.5 percent during the second quarter of this year based on the success recorded in several sectors of the economy
A visiting International Monetary Fund (IMF) mission in Sri Lanka to review its programme in the country expressed satisfaction over the progress of the Sri Lankan economy. The mission said today (23) that it could make the necessary recommendation to release the next tranche of US$ 200 million
by Mangala Samaraweera This week marks a momentous occasion in my political journey. After 22 years of politics in the Sri Lanka Freedom Party (SLFP), a party to which I have given the best years of my life, I have...
By Athiyan Silva Further evidence has emerged in recent weeks of the continuing political disintegration of the separatist Liberation Tigers of Tamil Eelam (LTTE), which was militarily crushed in May 2009 by the Sri Lankan military. Several reports indicate that...
By Saman Gunadasa and K. Ratnayake Sri Lankan deputy finance minister Sarath Amunugama presented a delayed interim budget for 2010 on Tuesday (Jun 29), outlining plans for austerity measures to meet the demands of the International Monetary Fund (IMF)....
Sri Lanka’s sovereign rating, which is on par with Kenya and Ukraine, may be raised as funds from a $2.5 billion International Monetary Fund loan improved the “external liquidity situation,” Standard & Poor’s said, speaking to Bloomberg News. The rating agency in October raised its outlook
June 16, 2010: 11.00 am Siobhain McDonagh: (Mitcham and Morden) (Lab): I am grateful for the chance to highlight again the appalling treatment of Tamil civilians by the Sri Lankan Government....
27 results found.
Page 1 of 1