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[…] The post The Ground Situation In The Sri Lankan North & East; The Possibility Of A Resurgence Of Tamil Militancy appeared first on Colombo Telegraph.
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[…] The post For Sri Lankans Who Are In Limbo Due To China & America Conflict appeared first on Colombo Telegraph.
[…] The post Covid-19: The Epidemic & The Economy appeared first on Colombo Telegraph.
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 ...
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 ...
The Standard and Poor’s (S&P) Rating Services assigned a score of 8 (very high risk) to the Sri Lankan economy and banking industry last week. The role of ratings agencies in the lead-up to the global financial crisis (2008) was certainly highly questionable. There are also issues related
The PF is organizing the second series of seminars, beginning with “Billions of Entrepreneurs; How China and India are Reshaping Their Futures and Yours”. The seminar, organized in collaboration with the Ceylon Chamber of Commerce using video conference facility of the American Centre, is scheduled for the 22nd of May 2012. from 6.30 to 8.30 ...
The PF is organizing the second series of seminars, beginning with “Billions of Entrepreneurs; How China and India are Reshaping Their Futures and Yours”. The seminar, organized in collaboration with the Ceylon Chamber of Commerce using video conference facility of the American Centre, is scheduled for the 22nd of May 2012. from 6.30 to 8.30 ...
Mr. Thilak Karunarathne Chairman, Securities Exchange Commission,Colombo. Dear Sir, Re: SEC inquiry connected with the stock exchange transaction where the National Savings Bank acquired shares of The Finance Company I wish to hail your expressed commitments to initiate with urgency a comprehensive inquiry connected with the stock exchange transaction where the National Savings Bank acquired ...
Below is an exclusive interview given by Sri Lankan cricketer Kumar Sangakkara to the Gulfnews.com, where he has spoken on a range of issues impacting the game of cricket. Sangakkara is currenly playing in the IPL, leading the Deccan Chargers team, which struggling at the bottom of the table, only winning two games out of the ...
Exporters are entrepreneurs that look for new markets, create new offerings for new conditions, and work with new clients. These three characteristics require exporters to continually modify resource deployment and business strategies to meet variable customer needs influenced by international cultures, governments and environments. Innovation, risk taking, and proactive capability determine...
By Indika Sri Aravinda The Sri Lankan Cricket Board had requested the Galle Municipal Council not to charge the entertainment tax on tickets sold for the first Test between England and Sri Lanka held at the Galle International Cricket stadium last week. Galle Mayor Methsiri de Silva said that the tax exception was sought as ...
By Cheranka Mendis Even if the status of the world economy seems to have found a rather fragile equilibrium with Europe over the past six weeks, the world is no closer to being immune from the risks that have cropped up as a result of the European and USA led recession and changes in world ...
Capital Alliance, a full-service investment bank will be hosting one of Asia’s foremost Investor Relations experts, Jonathan Zax, in Colombo this week. Zax’s investor relations efforts have been frequently recognised by the international financial community through top rankings in polls by Asiamoney, Finance Asia, Lafferty Group and Investor Relations Magazine. Last year, he received a...
My column today is an attempt to focus our attention on a few less spoken or untold developments that may have a profound influence on how we carve our way through in creating a desirable social, economic and political future for mankind on this only planet of ours. While I will not specifically touch on ...
is going through troubled times, exacerbated by rising government spending and a global financial crisis...
By: Surendra Ajit Rupasinghe In the mid nineteen eighties, the Philippines was rocked by a sustained people’s resistance movement that finally deposed of the hated and corrupt dictator, Ferdinand Marcos, who had to flee the country in a US Air Force helicopter. The Catholic Church, representing the majority of the people, played a critical role ...
Palestinian President Mahmoud Abbas Sunday received the representative of Sri Lanka, Member of Parliament Namal Rajapaksa, in Ramallah, and informed him of the recent developments in the peace process. Abbas also noted the current crisis in the peace process due to the Israeli refusal to recognize the 1967 borders of the Palestinian state and to ...
President Mahmoud Abbas Sunday received the representative Member of Parliament Namal Rajapaksa, in Ramallah, and informed him of the recent developments in the peace process, the Palestinian news agency reported. The website reported that Rajapaksa conveyed a letter to Abbas from the Sri Lankan President Mahinda Rajapaksa, in which he stressed the depth of the bilateral relations between Sri Lank...
Regulatory pressure mounted further over the course of 2011 – bad news for financial services firms, but good news for the consultancies to which they turned for help. Ernst and Young topped the Operational Risk and Regulation consultancy rankings again in 2011 (http://www.risk.net/operational-risk-and-regulation/feature/2135016/orr-consultancy-rankings-2011), and the New York-based head of ...
Srilankamirror - The Treasury has granted Rs. 50 million to cash strapped Sri Lanka Cricket (SLC) to help its current financial crisis. Sports Minister Mahindananda Aluthgamage has said the money granted by the Treasury would be used to pay the salaries of the SLC staff. He has added that the International Cricket Council (ICC) is to give US$ 2 million to ...
By Mandana Ismail Abeywickrema The Treasury had on Friday (9) approved a grant of Rs. 50 million to bail out the cash strapped Sri Lanka Cricket (SLC). Sports Minister Mahindananda Aluthgamage said the Treasury has given the monies to SLC as a grant to help overcome the current financial crisis
Sports Minister Mahindananda Aluthgamage says Sri Lanka Cricket (SLC) was now receiving money and that the current financial crisis at the board would be resolved by February next year. He has told parliament that 65 percent of the payments due to the Sri Lankan cricketers would be paid
have not been paid for months as a result of financial crisis it is facing since hosting the World C...
A Sri Lankan Central Banker has authored a book under the title of “Analysis of Basic Economic Principles”. Written by P. Samarasiri, who works as an assistant Governor of the Central Bank, the book which is written in Sinhala helps the reader to understand and analyze the workings of an economy. It covers topics such as operational ...
Rajapaksa Family already planning more land grabbing Kleptocrat: A ruler who uses power to steal the country’s resources. Oxford Dictionary By Tisaranee Gunasekara Mindless-extravagance; land-grabbing; media-muzzling: the three Rajapaksa preoccupations are intimately interconnected. The Ruling Siblings need money to strengthen their power and to sustain their voracious appetite for exhibitionism, ...