Category Archives: island economy

Darshanie Ratnawalli, in Daily Mirror, 11 January 2017 the title runs  “The poor little handicrafts of Laksala”

Alias, an Assistant Merchandising Director, tells me that Laksala is changing. Not for the better. If we are to talk in analogies for the benefit of tourists, he is claiming a slide down the scale from a Tiffany’s to a K-Mart. “I went to the Thummulla outlet today. They are going to shift the exclusive Batik collection to a less prominent place and put some t-shirts in the vacant place,” Alias told me in November.

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January 14, 2018 · 5:40 pm

Indo-Lanka Projects and Mangala’s Visit to new Delhi

Lankan Minister discusses implementation of Indian projects in meetings at New Delhi

New Delhi, January 14 (newsin.asia): The Sri Lankan Minister of Finance Mangala Samaraweera on Saturday called on the Minister of External Affairs of India, Sushma Swaraj at the Jawaharlal Nehru Bhawan in New Delhi, and discussed issues relating to development cooperation between the two countries. Samaraweera also called on the Indian Minister of Finance Arun Jaitley and reviewed the present status of Indian aided projects in Sri Lanka. India would like Sri Lanka to speed up the implementation of the many projects which had been approved by the two sides.

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Filed under centre-periphery relations, foreign policy, governance, Indian Ocean politics, island economy, landscape wondrous, politIcal discourse, power politics, Sinhala-Tamil Relations, sri lankan society, world events & processes

Roundtable Investment Forum with Sovereign Wealth Funds in Colombo

Island Report, 11 January 2018

Malik Samarawickrama, Minister of Development Strategies and International Trade opened a two day Roundtable Investment Forum with Sovereign Wealth Funds (SWFs) in Colombo yesterday under the patronage of the Prime Minister.

The Roundtable was an initiative by the minister following his visit to the Global Investment Forum in Dubai during November 2017 and is jointly hosted by the Central Bank of Sri Lanka and the Board of Investment. He met several of these Funds in Dubai and they were enthused by the potential of Sri Lanka as an investment destination. The fact that so many SWFs accepted the invitation to participate in the Roundtable at short notice was a validation of our nation’s value proposition and its increasing attractiveness due to the current economic policies under adoption, a press release said. Continue reading

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Filed under accountability, China and Chinese influences, commoditification, economic processes, foreign policy, governance, Indian Ocean politics, island economy, landscape wondrous, modernity & modernization, performance, sri lankan society, world events & processes

Indian Aid is without Strings says Ambassador Sandhu

Editor, NewsInAsia, 4 January 2018, where the title runs  India’s only aim in Lanka is to cooperate and collaborate with it, says envoy Taranjit Singh Sandhu””

The Indian High Commissioner in Sri Lanka, Taranjit Singh Sandhu, has said that India’s only agenda in Sri Lanka is to “cooperate and collaborate” with it, and that Indo-Lankan bilateral cooperation is all about “sharing and caring” and devoid of “caveats and riders”. Speaking here on Wednesday following the signing of an agreement by which Sri Lanka will purchase 209 state of the art ambulances with an Indian grant of US$ 15.02 million, the Indian envoy quoted Indian Prime Minister Narendra Modi  who said in July 2016 that India joins hands with its dear and near partner, Sri Lanka, to cooperate on projects, “based on Sri Lanka’s own choices and priorities for development.”

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Celebrating DR Wijewardene and the DAILY NEWS

Lakdev Liyanagama, in Daily News, 3 January 2018, with the title A century’s fruition

The centenary that the Ceylon Daily News celebrates this year is also a hundred years where this newspaper, newspapers in Sri Lanka and indeed the media, in general, have metamorphosed several times over, serving different roles depending on the needs of the day.

“DR’–a classic photograph by Lionel Wendt

A hundred years ago, in 1917, the Ceylon Daily News was born when Don Richard Wijewardene (known as ‘DR’ to all), took ownership of The Ceylonese and re-christened it the Ceylon Daily News. Wijewardene was involved in the movement to gain Independence from Britain and was not shy to use his newspaper for that purpose. In that sense, the Ceylon Daily News had an enmeshed roe in the country’s politics from its very inception. Continue reading

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The Colombo Port City: Basic Details

Editor, News-in-Asia, 2 January 2018, where the title is  Sri Lankan PM undertakes inspection tour of China funded Port City project””

Sri Lankan Prime Minister, Ranil Wickremesinghe, on Tuesday made an inspection tour of a 1.4 billion dollar mega port city which is being constructed close to the Colombo Harbour in the island’s capital.

The Colombo Port City, which will be the first of its kind in South Asia, is being constructed by China Harbour Engineering Company (CHEC). Wickremesinghe, who was accompanied by several ministers, was briefed by the Port City management on the overall project and the present stage of construction. “This project which will also be a financial center will convert Sri Lanka into a global hub in the Indian Ocean region,” Wickremesinghe told reporters at the site of construction.

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Filed under accountability, commoditification, economic processes, foreign policy, governance, growth pole, Indian Ocean politics, island economy, landscape wondrous, life stories, politIcal discourse, power politics, sri lankan society, world events & processes

Haallelujah! USA isolated on Jerusalem Issue

Bandu de Silva, in Island, 25 December 2017, where the title is “UN Resolution: US bullying didn’t deter Sri Lanka

Will Sri Lanka joining 127 other countries in supporting the UN Resolution against America’s recognition of Jerusalem as Israeli Capital, in the General Assembly Emergency Session’s vote on 21 December 2017 be a real test of her foreign policy in the wake of new power politics in the world as practised by the US? President Trump threatened to cut off US financial aid to those countries which voted in favour of the resolution, but Sri Lanka voted in favour of the resolution like the other 127 states which did likewise.

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