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The Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSEThe Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSE

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Latest topics

» CCS.N0000 ( Ceylon Cold Stores)
We are in ‘Nonagathaya’, New Year is on the way: Prime Minister EmptyWed Mar 20, 2024 11:31 am by Hawk Eye

» Sri Lanka plans to allow tourists from August, no mandatory quarantine
We are in ‘Nonagathaya’, New Year is on the way: Prime Minister EmptyWed Sep 13, 2023 12:16 pm by lauryfriese

» When Will It Be Safe To Invest In The Stock Market Again?
We are in ‘Nonagathaya’, New Year is on the way: Prime Minister EmptyWed Apr 19, 2023 6:41 am by කිත්සිරි ද සිල්වා

» Dividend Announcements
We are in ‘Nonagathaya’, New Year is on the way: Prime Minister EmptyWed Apr 12, 2023 5:41 pm by කිත්සිරි ද සිල්වා

» MAINTENANCE NOTICE / නඩත්තු දැනුම්දීම
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» ඩොලර් මිලියනයක මුදල් සම්මානයක් සහ “ෆීල්ඩ්ස් පදක්කම” පිළිගැනීම ප්‍රතික්ෂේප කළ ගණිතඥයා
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» SEYB.N0000 (Seylan Bank PLC)
We are in ‘Nonagathaya’, New Year is on the way: Prime Minister EmptyThu Mar 30, 2023 9:25 am by yellow knife

» Here's what blind prophet Baba Vanga predicted for 2016 and beyond: It's not good
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» The Korean Way !
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» In the Meantime Within Our Shores!
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» What is Known as Dementia?
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» SRI LANKA TELECOM PLC (SLTL.N0000)
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» THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000)
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» Equinox ( වසන්ත විෂුවය ) !
We are in ‘Nonagathaya’, New Year is on the way: Prime Minister EmptyMon Mar 20, 2023 4:28 pm by කිත්සිරි ද සිල්වා

» COMB.N0000 (Commercial Bank of Ceylon PLC)
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» REXP.N0000 (Richard Pieris Exports PLC)
We are in ‘Nonagathaya’, New Year is on the way: Prime Minister EmptySun Mar 19, 2023 4:02 pm by කිත්සිරි ද සිල්වා

» RICH.N0000 (Richard Pieris and Company PLC)
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» Do You Have Computer Vision Syndrome?
We are in ‘Nonagathaya’, New Year is on the way: Prime Minister EmptySat Mar 18, 2023 7:36 am by කිත්සිරි ද සිල්වා

» LAXAPANA BATTERIES PLC (LITE.N0000)
We are in ‘Nonagathaya’, New Year is on the way: Prime Minister EmptyThu Mar 16, 2023 11:23 am by කිත්සිරි ද සිල්වා

» What a Bank Run ?
We are in ‘Nonagathaya’, New Year is on the way: Prime Minister EmptyWed Mar 15, 2023 5:33 pm by කිත්සිරි ද සිල්වා

» 104 Technical trading experiments by HUNTER
We are in ‘Nonagathaya’, New Year is on the way: Prime Minister EmptyWed Mar 15, 2023 4:27 pm by katesmith1304

» GLAS.N0000 (Piramal Glass Ceylon PLC)
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» Cboe Volatility Index
We are in ‘Nonagathaya’, New Year is on the way: Prime Minister EmptyTue Mar 14, 2023 5:32 pm by කිත්සිරි ද සිල්වා

» AHPL.N0000
We are in ‘Nonagathaya’, New Year is on the way: Prime Minister EmptySun Mar 12, 2023 4:46 pm by කිත්සිරි ද සිල්වා

» TJL.N0000 (Tee Jey Lanka PLC.)
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» CTBL.N0000 ( CEYLON TEA BROKERS PLC)
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» COMMERCIAL DEVELOPMENT COMPANY PLC (COMD. N.0000))
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» Bitcoin and Cryptocurrency
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» CSD.N0000 (Seylan Developments PLC)
We are in ‘Nonagathaya’, New Year is on the way: Prime Minister EmptyFri Mar 10, 2023 10:38 am by yellow knife

» PLC.N0000 (People's Leasing and Finance PLC)
We are in ‘Nonagathaya’, New Year is on the way: Prime Minister EmptyThu Mar 09, 2023 8:02 am by කිත්සිරි ද සිල්වා

» Bakery Products ?
We are in ‘Nonagathaya’, New Year is on the way: Prime Minister EmptyWed Mar 08, 2023 5:30 pm by කිත්සිරි ද සිල්වා

» NTB.N0000 (Nations Trust Bank PLC)
We are in ‘Nonagathaya’, New Year is on the way: Prime Minister EmptySun Mar 05, 2023 7:24 am by කිත්සිරි ද සිල්වා

» Going South
We are in ‘Nonagathaya’, New Year is on the way: Prime Minister EmptySat Mar 04, 2023 10:47 am by කිත්සිරි ද සිල්වා

» When Seagulls Follow the Trawler
We are in ‘Nonagathaya’, New Year is on the way: Prime Minister EmptyThu Mar 02, 2023 10:22 am by කිත්සිරි ද සිල්වා

» Re-activating
We are in ‘Nonagathaya’, New Year is on the way: Prime Minister EmptySat Feb 25, 2023 5:12 pm by කිත්සිරි ද සිල්වා

» අපි තමයි හොඳටම කරේ !
We are in ‘Nonagathaya’, New Year is on the way: Prime Minister EmptyTue Feb 14, 2023 3:54 pm by ruwan326

» මේ අර් බුධය කිසිසේත්ම මා විසින් නිර්මාණය කල එකක් නොවේ
We are in ‘Nonagathaya’, New Year is on the way: Prime Minister EmptyTue Jan 03, 2023 6:43 pm by ruwan326

» SAMP.N0000 (Sampath Bank PLC)
We are in ‘Nonagathaya’, New Year is on the way: Prime Minister EmptyWed Nov 30, 2022 8:24 am by කිත්සිරි ද සිල්වා

» APLA.N0000 (ACL Plastics PLC)
We are in ‘Nonagathaya’, New Year is on the way: Prime Minister EmptyFri Nov 18, 2022 7:49 am by කිත්සිරි ද සිල්වා

» AVOID FALLING INTO ALLURING WEEKEND FAMILY PACKAGES.
We are in ‘Nonagathaya’, New Year is on the way: Prime Minister EmptyWed Nov 16, 2022 9:28 pm by කිත්සිරි ද සිල්වා

» Banks, Finance & Insurance Sector Chart
We are in ‘Nonagathaya’, New Year is on the way: Prime Minister EmptyTue Nov 15, 2022 5:26 pm by කිත්සිරි ද සිල්වා

» VPEL.N0000 (Vallibel Power Erathna PLC)
We are in ‘Nonagathaya’, New Year is on the way: Prime Minister EmptySun Nov 13, 2022 12:15 pm by කිත්සිරි ද සිල්වා

» DEADLY COCKTAIL OF ISLAND MENTALITY AND PARANOID PERSONALITY DISORDER MIX.
We are in ‘Nonagathaya’, New Year is on the way: Prime Minister EmptyMon Nov 07, 2022 6:36 pm by කිත්සිරි ද සිල්වා

» WATA - Watawala
We are in ‘Nonagathaya’, New Year is on the way: Prime Minister EmptySat Nov 05, 2022 8:44 am by කිත්සිරි ද සිල්වා

» KFP.N0000(Keels Food Products PLC)
We are in ‘Nonagathaya’, New Year is on the way: Prime Minister EmptySat Nov 05, 2022 8:42 am by කිත්සිරි ද සිල්වා

» Capital Trust Broker in difficulty?
We are in ‘Nonagathaya’, New Year is on the way: Prime Minister EmptyFri Oct 21, 2022 5:25 pm by කිත්සිරි ද සිල්වා

» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
We are in ‘Nonagathaya’, New Year is on the way: Prime Minister EmptyThu Oct 20, 2022 10:13 am by කිත්සිරි ද සිල්වා

» What Industry Would You Choose to Focus?
We are in ‘Nonagathaya’, New Year is on the way: Prime Minister EmptyTue Oct 11, 2022 6:39 pm by කිත්සිරි ද සිල්වා

» Should I Stick Around, or Should I Follow Others' Lead?
We are in ‘Nonagathaya’, New Year is on the way: Prime Minister EmptyTue Oct 11, 2022 9:07 am by කිත්සිරි ද සිල්වා

» DV-2024 Program: Online Registration
We are in ‘Nonagathaya’, New Year is on the way: Prime Minister EmptyThu Oct 06, 2022 11:26 am by කිත්සිරි ද සිල්වා

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mymoney
kass
HAL9000
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yellow knife
guruji
කිත්සිරි ද සිල්වා
sashimaal
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    We are in ‘Nonagathaya’, New Year is on the way: Prime Minister

    sashimaal
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    We are in ‘Nonagathaya’, New Year is on the way: Prime Minister Empty We are in ‘Nonagathaya’, New Year is on the way: Prime Minister

    Post by sashimaal Thu Dec 03, 2015 3:15 pm

    Dec 03, 2015 (LBO) – Sri Lanka is still in the period of making strategies to move forward and the country might have to generate additional revenue next year to pay contingent liabilities, Prime Minister Ranil Wickremesinghe said.

    “The budget is very much like a Sinhalese new year. Before the New Year comes you give a bonus and people start spending. That is what the mini budget is for. Then you get the ‘Nonagathaya’ – the time period which you get everything ready. That is what we are now. And in 2016, we will have the actual New Year,” Wickremesinghe said.

    During the time of Nonagathe, or the ‘neutral period’ or ‘Auspicious Time’ in Sinhalese and Tamil New Year tradition, Sri Lankans are encouraged to refrain from material pursuits, and engage solely in either religious activities or traditional games.

    Sri Lanka Parliament on Wednesday passed the second reading of the budget for next year by a majority of 107 votes.

    Wickremesinghe said in order to proceed the country has to move away from the old economy in to new spending and may have to generate additional revenue to pay contingent liabilities which are not fully recognized at present.

    “We still do not know how much of debt has been left behind by our predecessors,” Wickremesinghe said.

    “We may have to bring a contingencies liability bill to parliament, sometime next year and the parliament may have to make recommendations. Parliament will have to decide how to raise additional revenues to pay for these expenditures.”
    කිත්සිරි ද සිල්වා
    කිත්සිරි ද සිල්වා
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    We are in ‘Nonagathaya’, New Year is on the way: Prime Minister Empty Re: We are in ‘Nonagathaya’, New Year is on the way: Prime Minister

    Post by කිත්සිරි ද සිල්වා Thu Dec 03, 2015 3:38 pm

    Thanks sashi. Very Happy

    (So, he is asking us to go to scared places and participate in religious activities now. However, amending budget proposals to please a few crooks will not sure that we will get New Year celebrations even in 2017).
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    Post by guruji Thu Dec 03, 2015 3:44 pm

    Ask pm to fly kites,,,for the past debts it should colect from past rulers,,where is hidden money,,,ltte money,
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    Post by yellow knife Thu Dec 03, 2015 4:16 pm

    Results of Nonagathaya...


    7-Jan-1532,947,341.5048,019,391.37Day before presidential election date
    8-Jan-1532,947,341.5048,401,567.67
    12-Jan-1533,387,569.7745,669,196.00MY3 won
    17-Aug-1534,986,624.8141,621,773.00General Election
    19-Aug-1534,986,624.8141,548,076.90Ranil Won 106 to 93
    20-Aug-1534,986,624.8141,434,870.20Market correction -red ASI below 7500
    11-Nov-1536,094,213.9543,760,193.74USD @ 144ASI 7019.23
    12-Nov-1536,094,213.9541,764,361.00Avangarde expropriated as per Rajitha
    17-Nov-1536,094,213.9542,658,093.20
    18-Nov-1536,094,213.9643,209,328.62
    19-Nov-1536,094,213.9643,243,102.89
    23-Nov-1536,094,213.9643,103,424.91After budget speech
    26-Nov-1536,156,347.0942,199,037.79
    30-Nov-1536,215,293.4942,100,800.10
    1-Dec-1536,215,293.4942,329,547.93
    2-Dec-1536,215,293.4941,284,137.64Budget passed by 2/3 
    3-Dec-1536,274,952.6940,747,680.35
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    Post by sashimaal Thu Dec 03, 2015 7:13 pm

    More results:

    We are in ‘Nonagathaya’, New Year is on the way: Prime Minister 11218411
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    roshana7549


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    Post by roshana7549 Thu Dec 03, 2015 8:42 pm

    sashimaal wrote:More results:

    We are in ‘Nonagathaya’, New Year is on the way: Prime Minister 11218411

    If the figures are accurate, this was the good governance everybody expected....

    When the person at the highest level behaves correctly, others will have no other option but follow the same......
    HAL9000
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    Post by HAL9000 Thu Dec 03, 2015 10:18 pm

    It is obvious that wasting of public money has been decreased considerably. President s expenditure is only one example. Now some money wasting events like " Deyata Kirula" no longer there, which allowed further robing public money by local politiocians and goons. No grandiosity to hire US PR firms to boost our image, massive wasting of bidding for "commonwealth" games and list goes on and on !
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    Post by kass Thu Dec 03, 2015 10:55 pm

    sashimaal wrote:More results:

    We are in ‘Nonagathaya’, New Year is on the way: Prime Minister 11218411

    Don't forget that many ministries were under MR during that era so obviously cost were high
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    Post by sashimaal Thu Dec 03, 2015 11:13 pm

    Yes Hal9000 . Unfortunately the effects of previous Govt's wastage will be felt in ST-MT. Add to that, the World economy is going through a gloomy period. So there will be less investments, funds, etc than the new Govt would have expected earlier. Also less demand for certain products of ours.

    However, we should NOT give the new Govt too much of a breather and push them to the maximum. Even Dayata Kirula type mega events brought lot of infrastructural development to those areas. What we want is new Govt to continue the good that those events had with minimum wastage.

    New Govt has to prove itself in speed of implementation. Unfortunately going to please everybody in line with the "yahapalanaya" slogan will make things extremely difficult to implement. Govt has to be very firm on certain things in order to implement programs/decisions.

    If not, as Kithsiri say, they will remain NATO boys  Smile


    HAL9000 wrote:It is obvious that wasting of public money has been decreased considerably.  President s expenditure is only one example. Now  some money wasting events like " Deyata Kirula" no longer there, which allowed further robing  public money by local politiocians and goons. No grandiosity to hire US PR firms to boost our image, massive wasting of bidding for "commonwealth" games and list goes on and on !
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    Post by yellow knife Fri Dec 04, 2015 7:31 am

    Again I have to remind you the fate of Baloon Thushara..

    When a government cuts expenditure it means it cut the revenue of many..

    When you say cutting the cost of Dayata Kirula as well as other festivals, it means it cuts down the income of many construction firms, dancing groups, sound hiring , catering, cleaning, security guards, etc..

    We are in ‘Nonagathaya’, New Year is on the way: Prime Minister Keynes2
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    Post by HAL9000 Fri Dec 04, 2015 8:19 am

    But significant money went not to Baloon Thusharas hand But to people like PS members. I think any responsible citizen shouldn't accept this much of massive wasting. You might know that many of the constructions were temporary and others went redundant.
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    Post by mymoney Fri Dec 04, 2015 8:38 am

    They have to show the practical work, not the figures, In MR era we saw development projects every where...
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    Post by sashimaal Fri Dec 04, 2015 8:42 am

    Baloon Thushara is just a cover up.

    Yes with development, corruption also happens. People change Governments when that "Tolerance level" for corruption-development exceeds.

    But a new Govt not doing anything is also a waste. Let's hope the new Govt won't get there (to a harmless and useless level). And we should give them a fair chance to prove themselves..
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    Post by කිත්සිරි ද සිල්වා Fri Dec 04, 2015 10:00 am

    99.99% of MR's (so-called) development expenditure were highly inflated numbers and that was how he and his looting gang made fortunes enough for even two or three generations to live without doing anything. Shocked
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    Post by කිත්සිරි ද සිල්වා Fri Dec 04, 2015 12:42 pm



    පත්තරවල පලවූ මල ගෙවල් වලට මල්වඩම් යැව්වා කියා ගසා කෑ රාජපක්ෂ පාලනය – සාක්ෂි එක්ක මෙන්න..!!

    Read more
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    Post by HAL9000 Fri Dec 04, 2015 3:59 pm

    Whatever the Concrete Construction takes place,  no country will become developed one when widespread injustice is there. This is a fact if you analyze any developed country Singapore, South Korea or Japan.
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    Post by yellow knife Fri Dec 04, 2015 4:57 pm

    Now we are enjoying more democracy... Even the rejected candidates can become ministers..I dont think Japan, Korea Singapore or even US has this much democracy...

    Thanx to Ranil, MS and the Yahaplanaya for giving this kind of novel experience about Democracy...

    Even appointing directors to SOEs is an example to Tamasek and entire Singapore..


    Thus within last 11 months we have experienced a new model for Sri Lanka.. No concrete constructions, no road constructions but good democracy and exemplery legal system..

    How this new model has worked last 11 months will be shown in GDP, and company performance and of course CSE index ... So no need to argue and lets wait and evaluate later..
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    Post by chutiputha Sat Dec 05, 2015 10:38 am

    නොනගතය කියන්නේ නැකත් නැති වෙලාව මිසක් ලොස් වෙන වෙලාව නෙවි,මගේ දයාබර උතුමාණෙනි Smile
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    Post by HAL9000 Sat Dec 05, 2015 10:42 am

    True there are many areas that should be improved,  but if any one is receptive enough to accept,  ample evidance are there that the justice, low and order, accountability corruption, ,  wastage etc are gradually changing in a direction that could ensure longer term economic, social development, than merely infrastructure development. Following link is the latest event.

    http://www.bbc.com/sinhala/sri_lanka/2015/12/151204_sp_student_protest_hrc.shtml?ocid=socialflow_facebook
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    Post by slstock Sat Dec 05, 2015 10:45 am

    I know one thing for sure now. Chuti political preference haha
    ( made even worse after Car T=tax issue)
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    Post by chutiputha Sat Dec 05, 2015 10:54 am

    Aha not only that.
    They agree to ad the allowance to basic salary,but didnt...
    They agree to pay executive allowance,but didnt...
    They didnt give a solution for engineering allowance...
    They cut off the Motor Bike also...

    These are the things directly affect to Government Employees.

    No Salary Review...

    slstock wrote:I know one thing for sure now. Chuti political preference  haha
    ( made even worse after Car T=tax issue)
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    Post by HAL9000 Sat Dec 05, 2015 11:02 am

    chutiputha wrote:Aha not only that.
    They agree to ad the allowance to basic salary,but didnt...
    They agree to pay executive allowance,but didnt...
    They didnt give a solution for engineering allowance...
    They cut off the Motor Bike also...

    These are the things directly affect to Government Employees.

    No Salary Review...
     X
    slstock wrote:I know one thing for sure now. Chuti political preference  haha
    ( made even worse after Car T=tax issue)
    Chutiputha is a government servant eh! Did you get your vehicle permit?
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    Post by chutiputha Sat Dec 05, 2015 11:05 am

    No Way..........and i dont hope now..
    HAL9000 wrote:
    chutiputha wrote:Aha not only that.
    They agree to ad the allowance to basic salary,but didnt...
    They agree to pay executive allowance,but didnt...
    They didnt give a solution for engineering allowance...
    They cut off the Motor Bike also...

    These are the things directly affect to Government Employees.

    No Salary Review...
     X
    slstock wrote:I know one thing for sure now. Chuti political preference  haha
    ( made even worse after Car T=tax issue)
    Chutiputha is a government servant eh! Did you get your vehicle  permit?
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    Post by HAL9000 Sat Dec 05, 2015 12:38 pm

    chutiputha wrote:No Way..........and i dont hope now..
    HAL9000 wrote:
    chutiputha wrote:Aha not only that.
    They agree to ad the allowance to basic salary,but didnt...
    They agree to pay executive allowance,but didnt...
    They didnt give a solution for engineering allowance...
    They cut off the Motor Bike also...

    These are the things directly affect to Government Employees.

    No Salary Review...
     X
    slstock wrote:I know one thing for sure now. Chuti political preference  haha
    ( made even worse after Car T=tax issue)
    Chutiputha is a government servant eh! Did you get your vehicle  permit?
    Why not ? Now RW RK Mamis are going to give it in 10 years of service, may be chutiputha will get one some day, when you become a big uncle Razz
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    Post by කිත්සිරි ද සිල්වා Sat Dec 05, 2015 2:59 pm

    Soon he will be chauffeur driven.
    (In a bullet proof car with blacked windows / a Flag Mast and a few STARs on the bumper).    Very Happy
    HAL9000 wrote:
    Chutiputha is a government servant eh! Did you get your vehicle  permit?

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