@mono wrote:@MoneyMaker wrote:
Your doubt would be a fact soon. The government needs to know that when there is too much government intervention in the private sector it works negatively towards foreign investment. My point is that these transactions need to be more transparent rather than it being a surprise.
how on earth does this negatively effect foreign investment?
I don't have time to explain to you the macro of this negativity. But let me just briefly explain to you the micro of it. If you were a foreign investor looking to invest in Sri Lanka's tourism boom and found that an Internationally renowned Hotel chain's presence in Sri Lanka was taken over by the government, wouldn't that make you lift an eyebrow . What I am finding difficult to absorb or digest is that why would Hilton let this happen? That information we will probably find out shortly or never.
TRANSPARENCY, TRANSPARENCY. TRANSPARENCY.