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Photo courtesy of Asia News Twelve years ago today The Sunday Leader Editor, Lasantha Wickrematunge, was brutally murdered in broad daylight within a high security zone. His killers have never been punished....
[…] The post Why The Gotabaya Rajapaksa Presidency Will Be A One-Term Wonder appeared first on Colombo Telegraph.
[…] The post A Child’s Guide To Acute Macro Imbalances: Ignore It At Your Own Peril appeared first on Colombo Telegraph.
[…] The post Why The Gotabaya Rajapaksa Presidency Will Be A One-Term Wonder appeared first on Colombo Telegraph.
[…] The post A Child’s Guide To Acute Macro Imbalances: Ignore It At Your Own Peril appeared first on Colombo Telegraph.
[…] The post Conspiracy Stories Are All Over; But Why Are They So Popular & Readily Accepted? appeared first on Colombo Telegraph.
[…] The post Why The Gotabaya Rajapaksa Presidency Will Be A One-Term Wonder appeared first on Colombo Telegraph.
[…] The post A Bleak Future For Humanity? appeared first on Colombo Telegraph.
[…] The post Conspiracy Stories Are All Over; But Why Are They So Popular & Readily Accepted? appeared first on Colombo Telegraph.
[…] The post Why The Gotabaya Rajapaksa Presidency Will Be A One-Term Wonder appeared first on Colombo Telegraph.
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 ...
A number of articles which appeared in print media in the recent past signify the volatility in the economy. High volatility leads to vulnerability. Volatility and vulnerability are reflections of the haphazard nature of the economic policies and poor economic governance in a country. What is volatility? Volatility is the severity and the frequency with ...
Reuters: Investors fed up with years of poor returns are deserting BRIC equity funds, pushing share valuations to record cheap levels and questioning the future of the high-profile investment theme. The term, coined in 2001 by Goldman Sachs banker Jim O’Neill, provided a catchy acronym to unite the four biggest emerging economies, two of which ...
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 ...
By Cassandra Mascarenhas Sri Lanka’s biggest ICT events of 2012, the ASOCIO international conference and the country’s national IT expo INFOTEL, will be held consecutively portraying the country’s persistent ICT development and the significance of the rapidly expanding industry. Hosted by the Federation of Information Technology Industry (FITIS), the Asian-Oceanian Computi...
NAIROBI (Reuters): Kenya’s horticulture export earnings are expected to grow by 10%this year thanks to above-normal rainfall, but the eurozone’s financial woes were expected to dampen demand for flowers, a senior industry official said on Monday. Horticulture is one of the east African country’s leading sources of foreign exchange alongside tea exports and tourism. The ...
Protecting the small depositor One reason for poor communities the world over responding to the service facility provided by Micro Finance Institutions (MFI) to take in the small amounts of savings the poor generate on a daily or weekly basis is the security offered by the cash being securely looked after at a remote ...
PARIS/LONDON (Reuters): Leading members of the Group of 20 nations are prepared to trigger an emergency meeting to address soaring grain prices caused by the worst US drought in more than half a century and poor crops from the Black Sea bread basket. France, the United States and G20 president Mexico will hold a conference ...
Playing off India against China and vice versa‘The Great Game’ was the name given to a diplomatic and military tussle between the British and Russian empires during the time of the British Raj in India for influence over what constitutes today’s central Asian states. Commonly known as the ‘Stan states,’ they were located along the ...
With no incidents of terrorism or a threat of its resurgence within Sri Lanka, most counter terrorism activities undertaken by the government in 2011 targeted possible LTTE overseas finances, a United States government report said. 'Country Reports on Terrorism 2011', an annual report issued by the The US State Department - reviews the counter terrorism events worldwide last year, said...
Sri Lanka Financial Intelligence Unit (FIU) has entered into a MOU with counterparts of several foreign countries in a bid to keep a tab and tackle money laundering and terrorist financing. Accordingly, the FIU, which comes under the Central Bank of Sri Lanka, has signed the MOU with its counterparts in countries such as Mongolia, Russia, ...
Reuters: The World Bank on Monday said it stood ready to help governments respond to a broad-based run-up in grain prices that has again put the world’s poorest people at risk and could have lingering detrimental impacts for years. “We cannot allow short-term food-price spikes to have damaging long-term consequences for the world’s most poor ...
Sri Lanka’s dependence on imported milk is a phenomenon that evolved during the time frame of my lifetime. I well remember as a child, a man used to bring a cow and its small calf to our house – we lived in a Government quarters bungalow in Colombo – and milk the cow, in the ...
The Olympics ‘brand’ is valued at USD $47.6 billion with an 87% increase since the Beijing Olympic Games in 2008 (where it was valued at USD $25.4 billion) according to a new study launched last week by Brand Finance. The Olympics ‘brand’ is the second most valuable brand in the world and beaten only by ...
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 ...
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 ...
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 ...
By Cassandra Mascarenhas Setting its sights on placing Sri Lanka in the global economy and expanding its reach in overseas markets, the Sri Lanka Economic Summit 2012, the Ceylon Chamber of Commerce’s annual flagship event, aptly themed ‘Positioning Sri Lanka in the Global Economy,’ commenced last evening at the Cinnamon Grand. In the context of ...