LONDON (Reuters) – U.S. investment bank Morgan Stanley said on Monday it was taking “a few chips off the table” after a thundering rally in emerging markets over the last month. The bank said it was sticking to its core view that developing economy currencies and select countries’ bonds would continue to climb, but was…
“The Beijing Swift” By Prof. Samitha Hettige © In mid-November the Chinese leader chaired a conference focused on the path of socialist rule of law with Chinese characteristics and it is reported to be the first such held after him assuming office. According to Chinese sources, the President has proposed key approaches to strengthen the…
Business sentiment nosedives as COVID-19 takes its toll on the state of the state While all eyes may have been on a presidential election in a land hundreds of thousands of miles away, closer to home, the situation appears to have become graver by the minute with a new set of coronavirus clusters taking a…
By Dilani Hirimuthugodage Way back in 1945, renowned author Kumarathunga Munidasa wrote in ‘Virith Vekiya’: “A nation that does not invent and produce new things will not thrive”. The visionary Munidasa clearly understood the importance of innovation for economic and social progress. Today, it is telling that Sri Lanka ranks at 101 in the World Intellectual…
The Beijing Swift – By Prof. Samitha Hettige © The Belt and Road Initiative (BRI) has more than 150 partners along the Silk Road. Some are rich and powerful some are not. A key feature of the BRI is win-win cooperation. It is the Chinese approach on partnerships. There are no competitors, all are winners….
By Export Development Board Higher exports will strengthen 2021-2023 medium-term program of poverty alleviation and economic revival The Export Development Board (EDB) is pleased to see an export-focused budget, which will support strong export growth led by investment, value addition and maximizing Sri Lankan natural resources. This is a pivotal change in Sri Lanka’s growth…
“The Beijing Swift” – By Prof. Samitha Hettige © Sri Lankans will remember “Flying Pigeon” and “Phoenix” bicycles imported from China and distributed by state and private sector institutions such as the Cycle Bazaar, Borella during the 1970s and 80s. Bicycle was the only source of transportation for millions of Chinese. Streets filled with Chinese…
– By Nayana Mawilmada, Sector Head, John Keells Properties Real estate in central Colombo has been inaccessible to a majority of Sri Lankans for quite some time. But if there was ever a window of opportunity to consider investing, now might be it. With interest rates in Sri Lanka lower than they have been…
The Beijing Swift – By Prof. Samitha Hettige © The Communist Part of China (CPC) was planning the future pathway of the Peoples Republic of China (PRC) in the last few weeks during the plenary session of the CPC Central Committee proposing ambitious socioeconomic targets for their 14th Five-Year Plan (2021-2025). The PRC hopes to…
The Beijing Swift – By Prof. Samitha Hettige © The AL examination and the year 5 scholarship examination commenced while the quarantine curfew was on in some parts of the country. Students and parents obeyed the quarantine regulations and faced the examinations which are already few months behind schedule. One might say that since independence…
Video Story
