The people of Sri Lanka clearly gave a mandate for the new Govt. to immediately establish GOOD GOVERNANCE in order to protect the Country from the Robber Barons in Business and Politics. NO QUESTION ABOUT IT!SO why is it so hard to do that? People’s power rules OK. We also know that the same Robber Barons are at work in ...

I don’t know if the YAHAPALANAYA Govt. is asleep at the wheel when obviously wrong, brazen and unforgivable acts of treason take place under their very noses.If we just take the case of NDB for this example, and it is just one of too many to recall just yet, but which will one by one be exposed for the knowledgeable ...

The recent failed coup, President Erdogan nearly lost his life, if the helicopters aimed at the right house, has proved to be a watershed of NUCLEAR proportions, the reality of which we have yet to face, and NO ONE wishes to contemplate.Already Erdogan has incarcerated 10,000 people and has suspended from duty, 20,000 people from Government Servants and Teachers, most ...

The attached link is so irrelevant as to almost make a joke of the man making it! It is meant to show by statistics that Muslims are by definition peace loving people, and saying that the past Nobel Peace Prize winners were 42% Muslim! How inherently misplaced is that?http://www.huffingtonpost.com/omar-alnatour/muslims-are-not-terrorist_b_8718000.htmlLittle Malala (my hero who I regularly use in lectures, as one ...

Wherever I go, businessmen complain that they don’t know how to cope with an ever changing taxation environment, that from last November’s budget, changes seem to occur on a regular basis, that makes planning for the future extremely difficult. Worse with backdated taxes, no one knows where they stand, Govt. policy is viewed as being schizophrenic at best.In light of ...

Wijewardena, by his own article has been able to show himself to be one who just does not understand monetary policy and practice by his own vociferous defence of private placements, which have basically ruined the small saver, and reduced the returns of the EPF being forced to buy low yield securities and encouraged Govt. profligacy due to their artificially ...

The link shows that Sri Lanka just raised US$500M of 5 ½ yr bonds with yields of 5.75% and raised US$1Billion of 10yr bonds with yields of 6.825% where orders hit US$6.6B. Citigroup, Deutsche Bank, HSBC and SCG were the bankers/ book-runners for the issue.http://www.economynext.com/Sri_Lanka_sells_US$1.5bn_in_5_and_10_year_sovereign_bonds-3-5551-3.htmlIt is important to read that German interest rates are negative! So my contention is that ...

In today’s Sunday Observer, I was perturbed to read that plans are afoot for a US$150M, complex, when completed in 3 years will amount to Rs30B in the exchange rate prevailing then.http://www.sundayobserver.lk/2016/07/10/new12.asp I remember when I met Ambassador Sisson many years ago, she mentioned that they had bought the UK High Commission land that was up for sale, and in ...

I am merely reporting what I read, and if the Governor has been quoted correctly, then, he is OUT OF TOUCH. I hope he is not going to cover himself, or find excuses even before it happens as to why he could not re schedule at much lower rates. Read link:http://www.economynext.com/Brexit_fallout_on_Sri_Lanka_not__major_;_can_make_bonds_pricey__CB_Governor-3-5485-1.htmlIn the same publication they talk about record low yields ...

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