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FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » SHARE YOUR THOUGHTS FOR 2017

SHARE YOUR THOUGHTS FOR 2017

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21SHARE YOUR THOUGHTS FOR 2017 - Page 2 Empty Re: SHARE YOUR THOUGHTS FOR 2017 Thu Jan 05, 2017 11:49 am

worthiness


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
1970s we had state owned Tire, Steel, Shipping, Plywood, Textile Corporations running with high employment levels & profits. Dirty politics ate them all.
New efforts taken for industrial development are appreciable either in state, private or joint ownership. When good things are done doubtlessly citizens should salute government.
Tire industry will require to develop subdued rubber industry which would be the basic raw material. Similarly all other industries are related each other directly or indirectly which create more activities in the country. 

Well, government should show the real actions in form of output generating employment, social benefits, revenue etc..which really touching the people.

22SHARE YOUR THOUGHTS FOR 2017 - Page 2 Empty Re: SHARE YOUR THOUGHTS FOR 2017 Thu Jan 05, 2017 12:12 pm

Eugine Fernando


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@D.G.Dayaratne wrote:Past two years acts of govt clearly indicate  Finance minister is really inefficient

Some of problems are created by him

Even I think R.K (FM) must go and have to appoint a capable one as FM, then only this market attitude will change. cherry cherry

23SHARE YOUR THOUGHTS FOR 2017 - Page 2 Empty Re: SHARE YOUR THOUGHTS FOR 2017 Thu Jan 05, 2017 1:19 pm

worthiness


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
I feel not only FM.. most ministers & deputies are not capable of performing the assigned tasks. Voters are to be blamed to choose just emptied chatters.
In real term, chattering class is educated people with liberal opinions & attitudes.

24SHARE YOUR THOUGHTS FOR 2017 - Page 2 Empty Re: SHARE YOUR THOUGHTS FOR 2017 Thu Jan 05, 2017 2:35 pm

samaritan


Moderator
Moderator
Saddest thing is even the PM behaves like a joker in the Parliament. So, what can we expect from the others.

25SHARE YOUR THOUGHTS FOR 2017 - Page 2 Empty Re: SHARE YOUR THOUGHTS FOR 2017 Thu Jan 05, 2017 7:37 pm

Yahapalanaya


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
There is a difference between good stage speakers and silent action people.Unfortunately at current election system first category(empty vessels) get top preference votes and dictate government.Post election system is good in this sense.

26SHARE YOUR THOUGHTS FOR 2017 - Page 2 Empty Re: SHARE YOUR THOUGHTS FOR 2017 Thu Jan 05, 2017 9:40 pm

PrasannaMani

PrasannaMani
Manager - Equity Analytics
Manager - Equity Analytics
@worthiness wrote:I feel not only FM.. most ministers & deputies are not capable of performing the assigned tasks. Voters are to be blamed to choose just emptied chatters.
In real term, chattering class is educated people with liberal opinions & attitudes.
Absolutely

27SHARE YOUR THOUGHTS FOR 2017 - Page 2 Empty Re: SHARE YOUR THOUGHTS FOR 2017 Thu Jan 05, 2017 10:24 pm

Yahapalanaya

Yahapalanaya
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@PrasannaMani wrote:
@worthiness wrote:I feel not only FM.. most ministers & deputies are not capable of performing the assigned tasks. Voters are to be blamed to choose just emptied chatters.
In real term, chattering class is educated people with liberal opinions & attitudes.
Absolutely
Yes Kunjamani bring back Alibaba.

28SHARE YOUR THOUGHTS FOR 2017 - Page 2 Empty Re: SHARE YOUR THOUGHTS FOR 2017 Fri Jan 06, 2017 7:07 am

soileconomy

soileconomy
Vice President - Equity Analytics
Vice President - Equity Analytics
@samaritan wrote:Saddest thing is even the PM behaves like a joker in the Parliament. So, what can we expect from the others.
Yes.He should be named as the greatest joker in SL politics.

29SHARE YOUR THOUGHTS FOR 2017 - Page 2 Empty Re: SHARE YOUR THOUGHTS FOR 2017 Fri Jan 06, 2017 9:20 am

PrasannaMani

PrasannaMani
Manager - Equity Analytics
Manager - Equity Analytics
@Yahapalanaya wrote:
@PrasannaMani wrote:
@worthiness wrote:I feel not only FM.. most ministers & deputies are not capable of performing the assigned tasks. Voters are to be blamed to choose just emptied chatters.
In real term, chattering class is educated people with liberal opinions & attitudes.
Absolutely
Yes Kunjamani bring back Alibaba.

Enlarge this image
SHARE YOUR THOUGHTS FOR 2017 - Page 2 Image_1483664027-77f4d6a81a

30SHARE YOUR THOUGHTS FOR 2017 - Page 2 Empty Re: SHARE YOUR THOUGHTS FOR 2017 Fri Jan 06, 2017 10:18 am

Yahapalanaya

Yahapalanaya
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@PrasannaMani wrote:
@Yahapalanaya wrote:
@PrasannaMani wrote:
@worthiness wrote:I feel not only FM.. most ministers & deputies are not capable of performing the assigned tasks. Voters are to be blamed to choose just emptied chatters.
In real term, chattering class is educated people with liberal opinions & attitudes.
Absolutely
Yes Kunjamani bring back Alibaba.

Enlarge this image
SHARE YOUR THOUGHTS FOR 2017 - Page 2 Image_1483664027-77f4d6a81a
Study about PPP concept.That is not like family/gang robing national resources.Grow up man!!!

31SHARE YOUR THOUGHTS FOR 2017 - Page 2 Empty Re: SHARE YOUR THOUGHTS FOR 2017 Fri Jan 06, 2017 10:25 am

PrasannaMani

PrasannaMani
Manager - Equity Analytics
Manager - Equity Analytics
@Yahapalanaya wrote:
@PrasannaMani wrote:
@Yahapalanaya wrote:
@PrasannaMani wrote:
@worthiness wrote:I feel not only FM.. most ministers & deputies are not capable of performing the assigned tasks. Voters are to be blamed to choose just emptied chatters.
In real term, chattering class is educated people with liberal opinions & attitudes.
Absolutely
Yes Kunjamani bring back Alibaba.

Enlarge this image
SHARE YOUR THOUGHTS FOR 2017 - Page 2 Image_1483664027-77f4d6a81a
Study about PPP concept.That is not like family/gang robing national resources.Grow up man!!!
[size=32]No Volkswagen plant in SL: PM[/size]
2017-01-05 23:38:28
 16
 6357

     


SHARE YOUR THOUGHTS FOR 2017 - Page 2 Image_1483640343-507e5c212f Prime Minister Ranil Wickremesinghe said yesterday that the Volkswagen Company had not invested in the Kuliyapitiya vehicle assembly plant.
He was referring to a news item carried by a TV channel quoting the investor in Kuliyapitiya that Volkswagen had no stake in the assembly plant.
"If this channel inquired from me I would have revealed the truth. One must not contaminate his or her mind just because he or she has a grudge against me," he said, speaking at the opening of Kalu Ganga Water Project in Horana last evening.
He said the government had decided not to allow Volkswagen to invest in Sri Lanka as the company had an issue.
However, he said Volkswagen would be one of the brands of vehicles which would be assembled at the Kuliyapitiya plant. (Yohan Perera)
SHARE YOUR THOUGHTS FOR 2017 - Page 2 Image_1483663653-6ce4e7c8eb
- See more at: http://www.dailymirror.lk/article/No-Volkswagen-plant-in-SL-PM-121758.html#sthash.hdm2kXF9.dpuf

32SHARE YOUR THOUGHTS FOR 2017 - Page 2 Empty Re: SHARE YOUR THOUGHTS FOR 2017 Fri Jan 06, 2017 4:17 pm

worthiness


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Impartial thinking will be fruitful in discussion. Without doubt If MR+RW achieve successfully certain events promised two years before we bow the head as sign of reverence.

33SHARE YOUR THOUGHTS FOR 2017 - Page 2 Empty Re: SHARE YOUR THOUGHTS FOR 2017 Fri Jan 06, 2017 8:07 pm

Yahapalanaya

Yahapalanaya
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

[size=44][size=24]Sri Lanka is to receive GSP + concession next week – President

[/size][/size]

SHARE YOUR THOUGHTS FOR 2017 - Page 2 02-8-1140x399

[size=14][size=14]President Maithripala Sirisena says he has received information that Sri Lanka will receive the GSP + trade concession next week, marking a significant turning point in the industry and export fields of the country.

He made these remarks participating in a ceremony to open the newly built bridge in Halloluwa, Dodanwala, Kandy, today (07). 
The President further said that during the last two years the present government was able to build friendship with all the countries in the world, eliminating many hindrances which halted the forward drive of the country. 
He also said that when we talk about our development works with a great pride, we also should pay our attention regarding the severe debt burden on the country and said that his government is not ready in any way to launch mega-scale development projects obtaining loans, aiming popularity while ruining the future of the country. “We should take into the consideration about the tragedies faced by various countries in the world due to their severe debt burden,” the President added.   
Expressing his views regarding the false propaganda carried out by some sections of the society regarding the Hambantota Port and the industrial zone, the President said that he is not ready to give the land rights of this country to any country in the world.
The President further stated though new industries and investments are needed for the country, the lands for them will be given according to the laws and regulations of the constitution of Sri Lanka. Though some groups say that the people are removed from their villages and destroy the temples of historical values, the government has never let any improper action like that.
“Our agreements with the countries, businessmen, investors and international organizations are very open. The current government is honestly committed to the development of the country”, the President said.
“Though some groups issue statements saying that the governments will be changed, nobody can’t put down the current government. Nobody has any space to change the government before a government will be elected in an election which will be held in 2020”, he emphasized.
The bridge which has been built as a solution for the traffic in the Kandy Town is 105 meters long. This has been built at a cost of Rs. 374 millions.
Asgiri Maha Nayaka Most Ven. Varakagoda Sri Gnanarathne Thero, Ministers Lakshman Kiriella and Abdul Haleem, Chief Minister of the Central Province Sarath Ekanayake and the British High Commissioner with foreign representatives participated in this occasion.
SHARE YOUR THOUGHTS FOR 2017 - Page 2 01-8-1024x516
SHARE YOUR THOUGHTS FOR 2017 - Page 2 03-7-1024x517
SHARE YOUR THOUGHTS FOR 2017 - Page 2 04-6-1024x434
SHARE YOUR THOUGHTS FOR 2017 - Page 2 07-3-1024x444
SHARE YOUR THOUGHTS FOR 2017 - Page 2 08-5-1024x281
[/size][/size]

34SHARE YOUR THOUGHTS FOR 2017 - Page 2 Empty Re: SHARE YOUR THOUGHTS FOR 2017 Sat Jan 07, 2017 10:07 am

PrasannaMani

PrasannaMani
Manager - Equity Analytics
Manager - Equity Analytics
@Yahapalanaya wrote:
[size=44]Sri Lanka is to receive GSP + concession next week – President

[/size]

SHARE YOUR THOUGHTS FOR 2017 - Page 2 02-8-1140x399

President Maithripala Sirisena says he has received information that Sri Lanka will receive the GSP + trade concession next week, marking a significant turning point in the industry and export fields of the country.
He made these remarks participating in a ceremony to open the newly built bridge in Halloluwa, Dodanwala, Kandy, today (07). 
The President further said that during the last two years the present government was able to build friendship with all the countries in the world, eliminating many hindrances which halted the forward drive of the country. 
He also said that when we talk about our development works with a great pride, we also should pay our attention regarding the severe debt burden on the country and said that his government is not ready in any way to launch mega-scale development projects obtaining loans, aiming popularity while ruining the future of the country. “We should take into the consideration about the tragedies faced by various countries in the world due to their severe debt burden,” the President added.   
Expressing his views regarding the false propaganda carried out by some sections of the society regarding the Hambantota Port and the industrial zone, the President said that he is not ready to give the land rights of this country to any country in the world.
The President further stated though new industries and investments are needed for the country, the lands for them will be given according to the laws and regulations of the constitution of Sri Lanka. Though some groups say that the people are removed from their villages and destroy the temples of historical values, the government has never let any improper action like that.
“Our agreements with the countries, businessmen, investors and international organizations are very open. The current government is honestly committed to the development of the country”, the President said.
“Though some groups issue statements saying that the governments will be changed, nobody can’t put down the current government. Nobody has any space to change the government before a government will be elected in an election which will be held in 2020”, he emphasized.
The bridge which has been built as a solution for the traffic in the Kandy Town is 105 meters long. This has been built at a cost of Rs. 374 millions.
Asgiri Maha Nayaka Most Ven. Varakagoda Sri Gnanarathne Thero, Ministers Lakshman Kiriella and Abdul Haleem, Chief Minister of the Central Province Sarath Ekanayake and the British High Commissioner with foreign representatives participated in this occasion.
SHARE YOUR THOUGHTS FOR 2017 - Page 2 01-8-1024x516
SHARE YOUR THOUGHTS FOR 2017 - Page 2 03-7-1024x517
SHARE YOUR THOUGHTS FOR 2017 - Page 2 04-6-1024x434
SHARE YOUR THOUGHTS FOR 2017 - Page 2 07-3-1024x444

Below was the latest  From EU 02/11/2016..Pls no more Jokes Like Volkswagen..Haiti.....

[size=18]HOMENEWSEU SETS CONDITIONS RE PTA, HR & DEVOLUTION FOR SRI LANKA TO REGAIN GSP PLUS PRIVILAGE[/size]

SHARE YOUR THOUGHTS FOR 2017 - Page 2 Image_1478028469-9c4550371e-1


[size=30]EU SETS CONDITIONS RE PTA, HR & DEVOLUTION FOR SRI LANKA TO REGAIN GSP PLUS PRIVILAGE

02/11/2016 BY SRI LANKA BRIEF
[/size]

  • [url=https://www.facebook.com/share.php?u= http%3A%2F%2Fsrilankabrief.org%2F2016%2F11%2Feu-sets-conditions-re-pta-hr-devolution-for-sri-lanka-to-regain-gsp-plus-privilage%2F][/url]





[size]

Image: From left: European Delegation in Sri Lanka and Maldives Political, Trade and Communications Counsellor Paul Godfrey, EU Ambassador to Sri Lanka and Maldives Tung-Lai Margue, European Parliament Member Jean Lambert and European Delegation Administrator Kristin Arp Pic by Pradeep Pathirana By Chandeepa Wettasinghe.
The leader of a delegation from the European Parliament urged Sri Lanka to improve human rights conditions, including the replacement of its tough anti-terrorism law, if it wants to regain lucrative EU trade concessions which the island nation lost six years ago, reports Fox News .
Meanwhile Colomo based Daily News reports that EU delegation saying that “the progress so far has been positive, but that much more needs to be achieved, especially related to the office of the missing persons, devolving powers to provinces, child marriage laws, gender equality, etc”
Jean Lambert has aid that  “the success of Sri Lanka’s application to get back the trade concessions depends on meeting the human rights requirements set by the EU.
She has emphasized that  Sri Lanka needs to replace its Prevention of Terrorism Act and amend its Code of Criminal Procedure to ensure the rights of detainees.
Lambert was heading a four-member inspection team to evaluate the human rights situation.
Fox news
Sri Lanka could enjoy the GSP Plus facility till 2023.
Sri Lanka could enjoy the preferential tariff regime of General System of Preferences Plus (GSP Plus) facility with the European Union until as late as 2023, according to the sentiments expressed by the European Delegation in Sri Lanka.
GSP Plus is only awarded to countries in the low and lower-middle income categories as classified by the World Bank, and an upgrade to an upper middle income country makes it ineligible for the GSP Plus facility, according to EU Regulation 978/2012. “We’re expecting Sri Lanka to reach that (upper middle income) by 2019,” Political, Trade and Communications Counsellor, European Delegation in Sri Lanka and Maldives, Paul Godfrey, told Mirror Business.
He also noted that Sri Lanka will have to remain in the upper middle income segment for 3 years, plus another year where the EU will observe the situation, before the country becomes ineligible for GSP Plus. According to the Central Bank, Sri Lanka’s current per capita gross national income is US$ 3836, and the threshold for 2016 to be classified as an upper middle income country was US$ 4036. The World Bank is expecting Sri Lanka to grow at 4.8 percent this year, and just over 5 percent next year. “But the threshold also goes up each year,” Godfrey said. However, the threshold also declines, as it had in 2016, and the threshold saw a continuous decline over several years in the early 2000s.
Meanwhile, in response to a question whether Sri Lanka could compete with countries who can afford to produce goods cheaper, and have made inroads with their access to GSP Plus for the past 6 years, Godfrey noted that Sri Lanka depending on its leading export again would not be a good idea. “Going back to the EU with just apparel would be a mistake. Sri Lanka has to diversify. Now,” he said. The Sri Lankan government is expecting windfall of US$ 1.9 billion annually with the resumption of GSP Plus, mainly through apparel exports.
Sri Lanka could expect a decision on whether it is reinstated with GSP Plus privileges between January 13 and May 12, depending on how long the EU parliament decides to debate and put the issue to a vote. The EU delegation currently in the country was very diplomatic in providing answers, saying that the progress so far has been positive, but that much more needs to be achieved, especially related to the office of the missing persons, devolving powers to provinces, child marriage laws, gender equality, etc. “
A number of things are moving here in a positive direction, but it’s only the beginning of change. There needs to be a continuation and a deepening of what we have seen,” European Parliament Member Jean Lambert said.
[/size]

35SHARE YOUR THOUGHTS FOR 2017 - Page 2 Empty Re: SHARE YOUR THOUGHTS FOR 2017 Sat Jan 07, 2017 11:26 am

PrasannaMani

PrasannaMani
Manager - Equity Analytics
Manager - Equity Analytics
@Yahapalanaya wrote:
[size=44]Sri Lanka is to receive GSP + concession next week – President

[/size]

SHARE YOUR THOUGHTS FOR 2017 - Page 2 02-8-1140x399

President Maithripala Sirisena says he has received information that Sri Lanka will receive the GSP + trade concession next week, marking a significant turning point in the industry and export fields of the country.
He made these remarks participating in a ceremony to open the newly built bridge in Halloluwa, Dodanwala, Kandy, today (07). 
The President further said that during the last two years the present government was able to build friendship with all the countries in the world, eliminating many hindrances which halted the forward drive of the country. 
He also said that when we talk about our development works with a great pride, we also should pay our attention regarding the severe debt burden on the country and said that his government is not ready in any way to launch mega-scale development projects obtaining loans, aiming popularity while ruining the future of the country. “We should take into the consideration about the tragedies faced by various countries in the world due to their severe debt burden,” the President added.   
Expressing his views regarding the false propaganda carried out by some sections of the society regarding the Hambantota Port and the industrial zone, the President said that he is not ready to give the land rights of this country to any country in the world.
The President further stated though new industries and investments are needed for the country, the lands for them will be given according to the laws and regulations of the constitution of Sri Lanka. Though some groups say that the people are removed from their villages and destroy the temples of historical values, the government has never let any improper action like that.
“Our agreements with the countries, businessmen, investors and international organizations are very open. The current government is honestly committed to the development of the country”, the President said.
“Though some groups issue statements saying that the governments will be changed, nobody can’t put down the current government. Nobody has any space to change the government before a government will be elected in an election which will be held in 2020”, he emphasized.
The bridge which has been built as a solution for the traffic in the Kandy Town is 105 meters long. This has been built at a cost of Rs. 374 millions.
Asgiri Maha Nayaka Most Ven. Varakagoda Sri Gnanarathne Thero, Ministers Lakshman Kiriella and Abdul Haleem, Chief Minister of the Central Province Sarath Ekanayake and the British High Commissioner with foreign representatives participated in this occasion.
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36SHARE YOUR THOUGHTS FOR 2017 - Page 2 Empty Re: SHARE YOUR THOUGHTS FOR 2017 Sat Jan 07, 2017 5:09 pm

worthiness


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Speaking frankly & not biasing to any side, it seems that people enjoy a formal declaration of objection independently or backed by others freely comparing to previous regime. Recalling the back we should not be forgotten how protested groups were heavily victimized.

37SHARE YOUR THOUGHTS FOR 2017 - Page 2 Empty Re: SHARE YOUR THOUGHTS FOR 2017 Sat Jan 07, 2017 9:22 pm

Yahapalanaya

Yahapalanaya
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
China expects to invest US$ 5 billion in Hambantota industrial zone
January 7, 2017  02:14 pm
           



- By Yusuf Ariff
China expects to invest US$ 5 billion in the Hambantota industrial zone in the next 3-5 years, creating 100,000 jobs in the country, Chinese Ambassador to Sri Lanka Yi Xianliang said.
He was speaking during the opening ceremony for the industrial zone near the port city of Hambantota on Saturday (7).
The government has signed a framework agreement for a 99-year lease of the Hambantota port with a company in which China will have 80-percent ownership. Officials also plan to set up the nearby industrial zone where Chinese companies will be invited to set up factories. 
We remember the assistance from Sri Lankan people and the government so that’s why any force negative or some other cannot stop the cooperation between China and Sri Lanka, assistance from China to Sri Lanka, he said.
“Of course no force can stop the friendship between our two countries and the two peoples.” 
He stated that Sri Lanka is a most friendly country for China and that is why the island nation is a “priority” for the Chinese investments. Whatever the changes or the government, the ambassador said he believes the Sri Lankan people and the Sri Lankan government will welcome the Chinese investment. 
“I do believe this zone will be the most important economic activity for this government, for this country particularly for the Hambantota people.” 
“In the next 3-5 years, if everything is okay, I do believe at least 5 billion dollars is to be invested in this zone. Those projects can create at least 100,000 jobs in Sri Lanka,” Mr Xianliang sai

- See more at: http://www.adaderana.lk/news/38533/china-expects-to-invest-us-5-billion-in-hambantota-industrial-zone#sthash.IHVsrUWd.dpuf

38SHARE YOUR THOUGHTS FOR 2017 - Page 2 Empty Re: SHARE YOUR THOUGHTS FOR 2017 Sat Jan 07, 2017 9:26 pm

Teller

Teller
Moderator
Moderator
The important question is Who should be next to elect?


_________________




Teller said is said..

39SHARE YOUR THOUGHTS FOR 2017 - Page 2 Empty Re: SHARE YOUR THOUGHTS FOR 2017 Sat Jan 07, 2017 9:29 pm

Yahapalanaya

Yahapalanaya
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
[size=32]China to invest US$ 5 billion in Sri Lanka: Ranil[/size]
2017-01-07 15:09:09
 6
 3110

     


SHARE YOUR THOUGHTS FOR 2017 - Page 2 Image_1483782584-6bf0ad7513 China would invest US$ 5 billion in Sri Lanka within the next two to three years, Prime Minister Ranil Wickremesinge said today.
Speaking during the opening of the Southern Industrial Development Zone in Hambantota , Mr. Wickremesinge said it would boost employment opportunities and would enhance the life style of the people.
“I would like to thank the Chinese Ambassador for confirming this investment" he said.
Chinese Ambassador Yi Xianliang, who confirmed this, said Chinese investors would always give priority to Sri Lanka.
He said China-Sri Lanka bilateral relations were a role model for all bilateral relations in the world. (Yohan Perera)

- See more at: http://www.dailymirror.lk/article/China-to-invest-US-billion-in-Sri-Lanka-Ranil-121838.html#sthash.9DffCmYG.dpuf

40SHARE YOUR THOUGHTS FOR 2017 - Page 2 Empty Re: SHARE YOUR THOUGHTS FOR 2017 Sat Jan 07, 2017 9:39 pm

Yahapalanaya

Yahapalanaya
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Work on BIA runway begins after 30 years



Saturday, January 7, 2017 - 01:00

Print Edition
Irangika Range
SHARE YOUR THOUGHTS FOR 2017 - Page 2 Z_p01-Work-01

Transport and Civil Aviation Minister Nimal Siripala de Silva inaugurating work on the runway overlay at the BIA yesterday.
[size]
Work on the runway overlay at the Bandaranaike International Airport (BIA), Katunayake began yesterday after a lapse of 30 years.
The main runway at the BIA will be closed for renovation for three months from January 6 to April 5 for eight hours each day, from 8.30 am to 4.30 pm. During the closure, the runway will be overlaid to improve surface condition and friction levels. This would be the first time such an overlay project is being carried out since the commissioning of the runway in 1986. The closure period was decided in consultation with the airport users with special emphasis on weather trends and civil engineering needs.
The daily closure time of eight hours during the three months has been decided taking into consideration minimising congestion to minimise any adverse impact on both airlines and airport users.
Currently,there are around 175 aircraft movements per day and most of the commercial flights have rescheduled their operations during this period.
Transport and Civil Aviation Minister Nimal Siripala de Silva said the airport authorities have taken all possible measures to minimise the impact of the closure on airport users. Security of passengers and aircraft will not be compromised in anyway during this period, but efficiency will be improved overall,” he added. De Silva further said that passengers should turn up at the Bandaranaike International Airport at least five hours before their flights to minimise congestion, caused by the closure of the airport.
“A special traffic plan will be implemented by Police within and around the airport. Drivers are advised to park their vehicles only in the vehicle parks. The respective airlines will update their passengers on any revision to their flight schedules. Sri Lankan passengers who are departing for foreign employment are requested to obtain registration from the Sri Lanka Bureau of Foreign Employment (SLBFE) head office or from islandwide SLBFE branches prior to arriving at the BIA,” the minister added. The minister said the estimated cost of the renovation project of the runway is nearly US$ 48 million which is being undertaken by the Kathik Company in China.
“I am extremely please that we could start this project during my tenure as the Transport and Civil Aviation Minister. If we continued to use the same runway without going for renovations, international recognition for the BIA would have suffered. That is why we decided to expedite this project. We will also start work on second terminal building from April. This will enable the BIA to accommodate 20 million passengers per day.We are also discussing with international airlines to bring down more airlines to the Mattala international airport,” the minister said.
“Therefore, this will be a massive boost for the country’s tourism industry,” he added. 
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41SHARE YOUR THOUGHTS FOR 2017 - Page 2 Empty Re: SHARE YOUR THOUGHTS FOR 2017 Sat Jan 07, 2017 10:21 pm

Yahapalanaya

Yahapalanaya
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
[size=48]Prime Minister opens $50 m gloves export factory in Koggala
[/size]



0
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Comments / SHARE YOUR THOUGHTS FOR 2017 - Page 2 V-icon4  866 Views / Saturday, 7 January 2017 00:02
 0  0[/size]



SHARE YOUR THOUGHTS FOR 2017 - Page 2 DFT-1-26 ATG Hand Care Managing Director Fasal Ahabdeen shows a glove manufactured at the new plant of the Company at the Koggala Free Trade Zone to Prime Minister Ranil Wickremesinghe following its inauguration by the latter - Pic by Pradeep Pathirana
 
 
Prime Minister Ranil Wickremesinghe yesterday opened a state-of-the-art factory producing gloves for export at the Koggala Free Trade Zone.

The factory, ATG Hand Care Ltd., is a $50 million investment that provides 7,000 jobs directly and 10,000 indirectly. ATG Hand Care is a joint venture of ATG Ltd and British investor John Ward Ceylon. Incidentally, Wickremesinghe opened the Koggala Free Trade Zone in June 1991 as the then Minister of Industrial Development. This factory is the last project of the Zone.

- See more at: http://www.ft.lk/article/590016/Prime-Minister-opens--50-m-gloves-export-factory-in-Koggala#sthash.wbHpktTM.dpuf

42SHARE YOUR THOUGHTS FOR 2017 - Page 2 Empty Re: SHARE YOUR THOUGHTS FOR 2017 Sun Jan 08, 2017 5:36 pm

worthiness


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Latest scandalous behavior of rulers giving an offence to moral sensibilities & injurious to reputation are-
a) Volkswagen plant at Kuliyapitiya 
b) Chinese trade zone in Hambantota 

For peaceful existence the only solution is to disclose the truth behind those deals without delay.

43SHARE YOUR THOUGHTS FOR 2017 - Page 2 Empty Re: SHARE YOUR THOUGHTS FOR 2017 Sun Jan 08, 2017 6:29 pm

samaritan


Moderator
Moderator
@worthiness wrote:Latest scandalous behavior of rulers giving an offence to moral sensibilities & injurious to reputation are-
a) Volkswagen plant at Kuliyapitiya 
b) Chinese trade zone in Hambantota 

For peaceful existence the only solution is to disclose the truth behind those deals without delay.
This Govt let the CSE investors to bleed, in the same way now they are letting the people to bleed. This being an equity forum my comment is very relevant. Do they realize that every economy needs a vibrant capital market for growth and furthermore do they know that the stock market performance helps predict the future economy. If that is so, the performance of past two years confirms that the nation's economy is heading towards disaster under this differently able led Govt.


_________________




The biggest risk in life is not taking any risk at all.

44SHARE YOUR THOUGHTS FOR 2017 - Page 2 Empty Re: SHARE YOUR THOUGHTS FOR 2017 Sun Jan 08, 2017 7:01 pm

worthiness


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
We all share never ceasing truth & false with foiled attempt to learn its realities as some are deliberately deceptive.

45SHARE YOUR THOUGHTS FOR 2017 - Page 2 Empty Re: SHARE YOUR THOUGHTS FOR 2017 Sun Jan 08, 2017 7:47 pm

Chinwi

Chinwi
Associate Director - Equity Analytics
Associate Director - Equity Analytics
@Yahapalanaya wrote:

SHARE YOUR THOUGHTS FOR 2017 - Page 2 02-8-1140x399

President Maithripala Sirisena says he has received information that Sri Lanka will receive the GSP + trade concession next week, marking a significant turning point in the industry and export fields of the country.
He made these remarks participating in a ceremony to open the newly built bridge in Halloluwa, Dodanwala, Kandy, today (07). 
The President further said that during the last two years the present government was able to build friendship with all the countries in the world, eliminating many hindrances which halted the forward drive of the country. 
He also said that when we talk about our development works with a great pride, we also should pay our attention regarding the severe debt burden on the country and said that his government is not ready in any way to launch mega-scale development projects obtaining loans, aiming popularity while ruining the future of the country. “We should take into the consideration about the tragedies faced by various countries in the world due to their severe debt burden,” the President added.   
Expressing his views regarding the false propaganda carried out by some sections of the society regarding the Hambantota Port and the industrial zone, the President said that he is not ready to give the land rights of this country to any country in the world.
The President further stated though new industries and investments are needed for the country, the lands for them will be given according to the laws and regulations of the constitution of Sri Lanka. Though some groups say that the people are removed from their villages and destroy the temples of historical values, the government has never let any improper action like that.
“Our agreements with the countries, businessmen, investors and international organizations are very open. The current government is honestly committed to the development of the country”, the President said.
“Though some groups issue statements saying that the governments will be changed, nobody can’t put down the current government. Nobody has any space to change the government before a government will be elected in an election which will be held in 2020”, he emphasized.
The bridge which has been built as a solution for the traffic in the Kandy Town is 105 meters long. This has been built at a cost of Rs. 374 millions.
Asgiri Maha Nayaka Most Ven. Varakagoda Sri Gnanarathne Thero, Ministers Lakshman Kiriella and Abdul Haleem, Chief Minister of the Central Province Sarath Ekanayake and the British High Commissioner with foreign representatives participated in this occasion.
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වෙනස

එදා මහා ගංගා හරහා ඉදිවූ දැවැන්ත  පාලම්  රාශියකින් හා හරස් පාර සමූහයකින් යුතු   මීටර් 130,000 දිග හයිවේ විවෘත කරන්න රටේ ජනාධිපති එනව​.

මෙදා යන්තම් මීටර් 105 ක් දිග යකඩ පූට්ටු පාලමක් හදල ඒක විවෘත කරන්න රටේ ජනධිපති එනව​. මහ උත්සවයකුත් තියනව​.


ඔන්න පුතේ වෙනස​.
කමක් නෑ . නිකං ඉන්න මට අහල ගියත් සනීපයි කියනව නෙ.

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