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» Thread for News on CSE and SL Economy
Thread for News on Local and Foreign Politics  - Page 9 EmptyYesterday at 10:08 am by lanka

» Gota's Era
Thread for News on Local and Foreign Politics  - Page 9 EmptyYesterday at 9:33 am by yellow knife

» බැඳුම්කර වංචාවේ වෝහාරික විගණන වාර්තාව පාර්ලිමේන්තුවට
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» අසාදුගත ව්‍යාපාරිකයින්ට රජයෙන් දුන් සහනය මෙන්න
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» SAMP.N0000 (Sampath Bank PLC)
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» සුරැකුම්පත් කොමිසමට නව සභාපතිවරයෙක්
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» In the Meantime, Within Our Shores !
Thread for News on Local and Foreign Politics  - Page 9 EmptyTue Jan 21, 2020 10:17 am by කිත්සිරි ද සිල්වා

» කොටස් තැරැව්කරුවෝ අගමැති මහින්ද හමුවෙති
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» Obituary Notice.
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» LOLC Holdings
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» SEYB.N0000 (Seylan Bank PLC)
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» Happy Birthday
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» ශ්‍රී ලංකා කොටස් වෙළෙඳපොළ ඉතිහාසයේ දෙවැනි විශාලතම කොටස් ගනුදෙනුව අද
Thread for News on Local and Foreign Politics  - Page 9 EmptyThu Jan 09, 2020 9:59 pm by nihal123

» Hayleys MGT
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» Browns Investments update
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» Tokyo Cement
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» Lanka Tiles
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» RCL - Royal Ceramics
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» AEL Access Engineering
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» Sri Lanka central bank to develop a cost-based rate to price loans
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» Dialog Finance
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» LIOC.N0000 (Lanka IOC PLC)
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» Tourism Sector
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» Expolanka
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» Cartoon Today
Thread for News on Local and Foreign Politics  - Page 9 EmptyMon Jan 06, 2020 2:41 pm by කිත්සිරි ද සිල්වා

» කොළඹ කොටස් හුවමාරුවෙහි නවතම ජංගම දුරකථන යෙදුම
Thread for News on Local and Foreign Politics  - Page 9 EmptySat Jan 04, 2020 7:36 pm by spw19721

» ඉරානයට කළ ප්‍රහාරයෙන් පසු යුරෝපයේ කොටස් වෙළඳපොළ රැසක් පහළ වැටෙයි
Thread for News on Local and Foreign Politics  - Page 9 EmptySat Jan 04, 2020 1:30 pm by nihal123

» VAT අදාළ නැති කට්ටිය මෙන්න. 50,000 ක ලැයිස්තුවක්
Thread for News on Local and Foreign Politics  - Page 9 EmptyFri Jan 03, 2020 11:55 am by nihal123

» How to get Access to: 104 Technical trading experiments by HUNTER
Thread for News on Local and Foreign Politics  - Page 9 EmptyThu Jan 02, 2020 9:20 am by Admin

» ලංකාවේ ලොකුම සමාගම මෙන්න. දුම්කොළ සමාගම අභිබවමින් ජෝන් කීල්ස් යළිත් පෙරමුණට
Thread for News on Local and Foreign Politics  - Page 9 EmptyWed Jan 01, 2020 7:48 pm by Rana

» Sri Lanka’s LOLC Prepares to Sell Its Biggest Overseas Unit
Thread for News on Local and Foreign Politics  - Page 9 EmptyWed Jan 01, 2020 4:43 pm by nuwanmja

» Sri Lanka’s Cargills, Sampath, DFCC Bank says met lending rate ceilings
Thread for News on Local and Foreign Politics  - Page 9 EmptyWed Jan 01, 2020 4:26 pm by NIRMALSG

» Dividend Announcement
Thread for News on Local and Foreign Politics  - Page 9 EmptyWed Jan 01, 2020 1:16 pm by smallville

» Sri Lanka bank bad loans spike to 4.9-pct, non-banks 9.7-pct in Sept
Thread for News on Local and Foreign Politics  - Page 9 EmptyWed Jan 01, 2020 9:29 am by The Invisible

» People’s Bank, Sampath, and DFCC face penalties
Thread for News on Local and Foreign Politics  - Page 9 EmptyTue Dec 31, 2019 6:33 pm by nihal123

» NDB.N0000 (National Development Bank PLC)
Thread for News on Local and Foreign Politics  - Page 9 EmptyTue Dec 31, 2019 1:55 am by Trend

» COMB.N0000 (Commercial Bank of Ceylon PLC)
Thread for News on Local and Foreign Politics  - Page 9 EmptyThu Dec 26, 2019 9:23 pm by spw19721

» Thought for the day...
Thread for News on Local and Foreign Politics  - Page 9 EmptyThu Dec 26, 2019 3:41 pm by Topcat

» ඩොක්ටර් ඒලියන්ත වයිට්
Thread for News on Local and Foreign Politics  - Page 9 EmptyThu Dec 26, 2019 9:15 am by කිත්සිරි ද සිල්වා

» Why (Happy) People Cheat?
Thread for News on Local and Foreign Politics  - Page 9 EmptyWed Dec 25, 2019 8:34 pm by pjrngroup

» Who killed Cock Robin?
Thread for News on Local and Foreign Politics  - Page 9 EmptyWed Dec 25, 2019 8:33 pm by pjrngroup

» 65 Ways to Make Money Online
Thread for News on Local and Foreign Politics  - Page 9 EmptyTue Dec 24, 2019 9:24 am by Topcat

» සුළු හා මධ්‍ය පරිමාණ ව්‍යාපාරිකයින් ලබාගත් ණය අයකර ගැනීම අත්හිටුවන්න
Thread for News on Local and Foreign Politics  - Page 9 EmptyTue Dec 24, 2019 8:50 am by Topcat

» ACL Cables
Thread for News on Local and Foreign Politics  - Page 9 EmptySat Dec 21, 2019 5:34 am by NIRMALSG

» Sri Lanka to up employer EPF contribution to 15-pct, start social security fund
Thread for News on Local and Foreign Politics  - Page 9 EmptyWed Dec 18, 2019 2:46 pm by The Invisible

» රාජ්‍ය සමාගම් කොටස් වෙළෙඳපොළට ගෙන ආ යුතුයි
Thread for News on Local and Foreign Politics  - Page 9 EmptyFri Dec 13, 2019 12:37 pm by serene

» Sri Lanka can resume high growth path, cut more taxes: Mark Mobius
Thread for News on Local and Foreign Politics  - Page 9 EmptyThu Dec 12, 2019 9:29 am by The Alchemist

» රතු වැටෙනකොට
Thread for News on Local and Foreign Politics  - Page 9 EmptyWed Dec 11, 2019 2:59 pm by කිත්සිරි ද සිල්වා

» Sri Lanka interest rates should go down, currency will not fall: Mark Mobius
Thread for News on Local and Foreign Politics  - Page 9 EmptyWed Dec 11, 2019 11:18 am by The Invisible

» Equation of Happiness Solved
Thread for News on Local and Foreign Politics  - Page 9 EmptyTue Dec 10, 2019 5:23 pm by Backstage

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Thread for News on Local and Foreign Politics

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Post by ruwan326 on Tue Nov 19, 2019 7:11 am

Ranil to meet new Sri Lanka President, tipped to resign

November 19, 2019

Prime Minister Ranil Wickremesinghe is to meet new Sri Lanka President Mahinda Rajapaksa and current opposition leader Mahinda Rajapaksa Tuesday, and he is tipped to resign, making way for a new cabinet.

Lakshman Kiriella, current leader of the house said Wickremesinghe will step down.

Wickremesinghe met United National Party members Monday.

Galle district parliamentarian Vajira Abeywardene told reporters that UNP will support a motion to dissolve parliament immediately.

However others said there was no such assurance was given by a majority of members, who said they would sit in opposition benches making way for a new administration to be formed.

Sri Lanka Podujan Party founder Basil Rajapaksa told Sri Lanka’s Hiru TV that there were no plans to accommodate crossing over opposition members in a caretaker administration.

Under Sri Lanka’s constitution the President can dissolve parliament 4.5 years after its first sitting in September, which falls on March.

https://economynext.com/ranil-to-meet-new-sri-lanka-president-tipped-to-resign-32601/

Thread for News on Local and Foreign Politics  - Page 9 Z9310


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Post by Backstage on Tue Nov 19, 2019 11:09 am

So far two terrible possible appointments. Def Sec and Trs Sec. Hope they don't change CB gov.
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Post by slstock on Tue Nov 19, 2019 2:13 pm

Backstage wrote:So far two terrible possible appointments. Def Sec and Trs Sec. Hope they don't change CB gov.

In SL, qualifications or clean record will not let you keep a job !

Don't keep your hopes up they will retain Coom.
What going to happens to Cubby boy then  ?  ( Cabraal )

Cubby was already on media before election talking about the
economic  reforms Gov under Gota is going to make.

Coom will go out  atleast with a clean  record.
No bank robberies  or Matiyas .

_________________
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Please read : https://forum.lankaninvestor.com/t1548-important-warning-and-message
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Post by Backstage on Tue Nov 19, 2019 5:36 pm

slstock wrote:
Backstage wrote:So far two terrible possible appointments. Def Sec and Trs Sec. Hope they don't change CB gov.

In SL, qualifications or clean record will not let you keep a job !

Don't keep your hopes up they will retain Coom.
What going to happens to Cubby boy then  ?  ( Cabraal )

Cubby was already on media before election talking about the
economic  reforms Gov under Gota is going to make.

Coom will go out  atleast with a clean  record.
No bank robberies  or Matiyas .

CB Gov was one of the few good things Sira did.
Backstage
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Post by The Invisible on Sun Nov 24, 2019 9:46 am

Qualified people to head Sri Lanka SOEs, president says

ECONOMYNEXT – Only qualified and experienced people will be appointed to head Sri Lanka’s statutory bodies and State-Owned Enterprises many of which are loss-making, new President Gotabaya Rajapaksa has said.

He also that he requires Cabinet ministers under which these organisations come to refer any appointments they want to make as Chairmen and Board members of Statutory Bodies and State-Owned Enterprises to a screening panel established at the Presidential Secretariat.

“We want experienced and qualified people to head these organisations,” Rajapaksa said.

He pointed out that many of these SEOs were loss-making enterprises. “We want them turned around so that they can become contributors to the economy, not loss-making burdens to the Treasury,” he added.
(COLOMBO, 22 November 2019)
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Post by The Invisible on Sun Nov 24, 2019 9:47 am

Sri Lanka president to call snap parliamentary election in March



Colombo, Sri Lanka | AFP | Sri Lanka’s new president said Friday that he will call a snap parliamentary election in March following his sweeping victory at the weekend.

Gotabaya Rajapaksa is hoping to ride a wave of popularity by calling an election six months before the current parliament’s five-year term expires on March 1.

“I will consult the people at the earliest opportunity I get under the constitution,” he said, after swearing-in a new cabinet headed by his brother Mahinda, a former president who will now serve as premier and finance minister.

The brothers are credited with brutally defeating Tamil separatist militants in 2009 to end Sri Lanka’s bloody civil war, making them adored among the majority Sinhalese-Buddhist majority.

For the same reason they are feared by many Tamils, and also among the Muslim minority who have seen increased hostility since Islamist extremist attacks killed 269 people in April.

Currently the Rajapaksas and their allies have just 96 lawmakers in the 225-seat parliament, making it hard for them to pass legislation.

The opposition of outgoing premier Ranil Wickremesinghe is also six MPs short of a majority.

The new 16-member cabinet also includes another Rajapaksa brother, Chamal, who was made minister of agriculture and irrigation in addition to trade.

Foreign affairs was given to Dinsesh Gunawardena, 70, a leader of a small Sinhala nationalist party in coalition with the ruling party.

The only female in the cabinet, Pavitra Wanniarachchi, will take on women’s affairs and health.



See Also


Sri Lanka industrial zone shelved as expropriation thwarted



Qualified people to head Sri Lanka SOEs, president says



Sri Lanka rupee ends weaker, gilt yields up marginally



UN envoy meets Sri Lanka President Gotabaya Rajapaksa



Prima Ceylon reverses Sri Lanka wheat flour price hike














Nobody was named to the defence or law and order portfolios.

The International Monetary Fund said earlier this month that Sri Lanka’s economy was slowly recovering from the devastating effects of the April 21 attacks.

But the international credit rating agency Fitch warned Thursday that the new president’s pledges to increase social spending, public-sector wages and pensions could damage Sri Lanka’s public finances.

During Mahinda’s 2005-15 presidency, Sri Lanka borrowed almost $7 billion from China for infrastructure projects — many of which turned into white elephants mired in corruption — pushing up Sri Lanka’s debts.

In a possible sign that he intends to avoid a repeat of Sri Lanka’s strategic drift towards Beijing under his brother, Gotabaya’s first official trip abroad will be to India next week.
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Post by slstock on Mon Nov 25, 2019 9:19 am


CB Chief to step down on 20 December


http://www.ft.lk/front-page/CB-Chief-to-step-down-on-20-December/44-690314?fbclid=IwAR2QVyhhIGHPcYVCagjcDBCGi9i_qI7BW5ORVItAgmfOX-nXEZ0NmYMEyUc



Backstage wrote:
slstock wrote:
Backstage wrote:So far two terrible possible appointments. Def Sec and Trs Sec. Hope they don't change CB gov.

In SL, qualifications or clean record will not let you keep a job !

Don't keep your hopes up they will retain Coom.
What going to happens to Cubby boy then  ?  ( Cabraal )

Cubby was already on media before election talking about the
economic  reforms Gov under Gota is going to make.

Coom will go out  atleast with a clean  record.
No bank robberies  or Matiyas .

CB Gov was one of the few good things Sira did.

_________________
Never listen to anyone including myself without your own study. Only few truly genuine people exist in this world.
Please read : https://forum.lankaninvestor.com/t1548-important-warning-and-message
---------
slstock
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Post by The Invisible on Tue Nov 26, 2019 7:04 am

Sri Lanka to make laws to clear state workers from prosecution: PM

ECONOMYNEXT – Sri Lanka will make new laws to clear state workers from the wrongdoing or lapses committed by taking decisions made in good faith to carry out government policy, Prime Minister and Finance Minister Mahinda Rajapaksa has said.

“In the recent times state officials were brought before the Financial Criminal Investigation Division and Bribery Commission,” Rajapaksa has said after taking over duties as finance minister.

“As a result officials were reluctant to take decisions.”

He was accompanied by Prime Minister Secretary Gamini Senarath, President’s Secretary P B Jayasundera and Treasury Secretary Sajith Attygalle.

Everyone should work hard to lift up the country and political leadership will give the necessary protection to state workers, Prime Minister Rajapaksa had said.

Prime Minister Rajapaksa said that Sri Lanka was an active work place before 2015, with per capita GDP growing from 24 billion US dollars to 79 from 2005 to 2014, but growth has now declined.

National debt was also climbing, with a fall in the rupee making the situation worse.

He said at the time the rupee was only 130 to the US dollar.

Rajapaksa said interest rate have since risen. The tax system had become more complicated. (Colombo/Nov25/2019)
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