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[…] The post A Year In Cloud Cuckoo Land appeared first on Colombo Telegraph.
Image Courtesy of The Week “Then take us for Gods, as is proper and fit…” Aristophanes (The Birds) A pandemic with no end in sight, an economy that is unravelling, a fiscal abyss,...
[…] The post A Year In Cloud Cuckoo Land appeared first on Colombo Telegraph.
Image Courtesy of The Week “Then take us for Gods, as is proper and fit…” Aristophanes (The Birds) A pandemic with no end in sight, an economy that is unravelling, a fiscal abyss,...
[…] The post A Year In Cloud Cuckoo Land appeared first on Colombo Telegraph.
Image Courtesy of The Week “Then take us for Gods, as is proper and fit…” Aristophanes (The Birds) A pandemic with no end in sight, an economy that is unravelling, a fiscal abyss,...
[…] The post A Year In Cloud Cuckoo Land appeared first on Colombo Telegraph.
Image Courtesy of The Week “Then take us for Gods, as is proper and fit…” Aristophanes (The Birds) A pandemic with no end in sight, an economy that is unravelling, a fiscal abyss,...
[…] The post A Year In Cloud Cuckoo Land appeared first on Colombo Telegraph.
Image Courtesy of The Week “Then take us for Gods, as is proper and fit…” Aristophanes (The Birds) A pandemic with no end in sight, an economy that is unravelling, a fiscal abyss,...
[…] The post A Year In Cloud Cuckoo Land appeared first on Colombo Telegraph.
[…] The post GR’s Foreign Policy & Economic Reality appeared first on Colombo Telegraph.
The first Prime Minister of independent India, Pandit Jawaharlal Nehru, wrote 75 years ago: “It would be absurd to say that the profit motive does not appeal to the average Indian, but it is nevertheless true that there is no such admiration for it in India as there is in the west. The possessor of ...
Sincere apologies, Hamlet! This distortion is to highlight the current impasse and to stress the need for thinking beyond short-term situational measures. The impasse is in getting the public university system going and in dealing with demands without forgetting that there is a nation in waiting and the vision for it involves that it should ...
Why the Government should listen to the demands of university academics Sri Lanka is experiencing the dividends of peace at the moment. The Sri Lankan economy has expanded by a healthy growth rate of 7.9 per cent during the first quarter of this year, from the same period a year earlier
By Cassandra Mascarenhas The technical sessions of the Association of Professional Bankers’ 24th anniversary convention were held yesterday, bringing the APB’s flagship event to a close. Aptly themed ‘Sustainability in volatility: The bankers’ challenge,’ each technical session explored an area that could throw obstacles in the path of bankers and the line-up of speak...
By a Special Correspondent A year or back from today, Sri Lankan economy had been sailing strongly amidst global economic typhoons. Most of the macro variables were reflecting peace dividends and rejuvenated hope. However, by mid 2011, the country’s trade deficit, fuelled by credit expansion
NDB Investment Bank Limited (NDBIB) was adjudged the ‘Best Investment Bank in Sri Lanka’ recently at the Awards for Excellence 2012 by Euromoney, the world’s premier financial markets magazine. This is a historical achievement for NDBIB as well as the country since it is the first time Euromoney has ever recognised an investment bank in ...
Wimbledon is special to me not because I played the tennis circuit during my schooling days but for the insights that I get into life and business in general. The 2012 edition in particular was unique, given that a Brit was in the finals of the men’s singles game, that was happening after 74 years. ...
Third batch of students graduate in TangalleThe third batch of 23 students, trained in hotel operations under ‘Jeevana’ Livelihood Development Scheme, promoted by NDB, passed out at a ceremony held in Tangalle on 9 July. MP Namal Rajapaksa was the chief guest at the ceremony. Initiated in September 2010, ‘Jeevana’ Livelihood Development Program endorses NDB’s ...
Sri Lanka’s new development tagline Sri Lanka’s current development tagline has been to make it the ‘Emerging Wonder of Asia’ as originally enunciated in the ‘Mahinda Chinthana: Vision for the Future’ and reaffirmed in both the Development Policy Framework of the Government issued in 2010 and the Annual Report of the Ministry of Finance and ...
With highest-ever top and bottom line performance premier blue chip JKH says knowing exactly who were are, what we stand for and where we are headed makes all the differenceI am pleased to present the Integrated Annual Report, and the Statement of Accounts, for the Financial Year ended 31 March 2012. The Report encapsulates the ...
This country’s history is repeating itself with deadly accuracy. Last week Gotabaya Rajapaksa reiterated what Sinhalese leaders have been saying since the parting of ways with the Tamils in 1958. In an interview with the BBC on Monday (May12) Rajapaksa was asked about ‘a recent local government reshuffle in the north which has seen some ...
The Sri Lanka Institute of Marketing (SLIM) at its 42nd annual general meeting elected a new Executive Committee for the ensuing year. President Tilan Wijeyasekera pledged to continue the SLIM traditions built up over the past four decades and work to a planned programme setting goals and objectives which can be achieved in the course ...
NDB‘s contribution to infrastructure development has been substantial during the last three decades. Having garnered the experience and expertise to cater towards the development process in Sri Lanka, NDB continues to focus on this vital component providing the necessary support that will help towards economic development in the country. NDB CEO Russell de Mel says, ...
The exchange rate (ER) last week had the dubious distinction of making a steep dive to hit Rs. 130 by being depreciated by nearly Rs. 5 against the US dollar ($) in a week in interbank trading on the back of import demand, but since then has seemingly been tenuously holding on to those levels ...
By Dr. Laksiri Fernando Sri Lanka’s independence on 4 February 1948 was never a final act, but a major landmark in a process of evolution from colonialism to independence and underdevelopment to development. It is truly a process of internal emancipation. It is the 63rd anniversary of this landmark or the 64th Independence Day that ...
Following are some responses from three economists to the guest column by Chandra Jayaratne titled ‘Important issues’ for Sri Lankan legislators, the Executive, policymakers, Central Bankers, economists and thought leaders to ponder over published on 2 February 1) I disagree with the Stiglitz-Krugman line. My diagnosis is that Europe is in this mess for two ...
Some important issues for Sri Lankan legislators, the Executive, policymakers, Central Bankers, economists and thought leaders to ponder over: Stiglitz believes that the austerity plans in the EU nations, especially by the debt ridden poorer nations of the group is akin to a collective suicide pact and is an act madness promoted and enforced by ...
It will not draw last tranche of US$800mil due to high interest rate by the global lender Sri Lanka, which is locked in a row with the International Monetary Fund over its exchange rate policy, will not draw the remaining US$800mil of a US$2.6bil loan from the global lender due to the high interest rate, the ...