trade

Quality Development for Quality Growth and Quality Life
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Published in -DailyNews The year 2021 marks the 70th Anniversary of the San Francisco Peace Conference in which the late former President (then Finance Minister) J.R. Jayewardene made a historic speech supporting Japan’s cause after the World War II, quoting...
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Govt. should focus on reserve quality: Former CB Chief
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Published in DailyFT   Former Central Bank Governor Dr. Indrajit Coomaraswamy   Warns overreliance on swaps and inter-governmental financing could create more problems down the road  Acknowledges current challenges but says strategy needed to deal with debt for next five...
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Urgent need for multifaceted approach to counter gender-discriminatory labour laws
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Published in DailyFT The Advocata Institute’s panel discussion on “Gender discriminatory labour laws in Sri Lanka” took place at the Taj Samudra Longdon Room on 5 March. Panelists at the discussion were Minister of Justice M.U.M. Ali Sabry, Former Department...
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The Chinese ‘debt trap’ is a myth
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Published in -DailyNews China, we are told, inveigles poorer countries into taking out loan after loan to build expensive infrastructure that they can’t afford and that will yield few benefits, all with the end goal of Beijing eventually taking control...
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Belt and Road Initiative spurs Sri Lanka’s growth
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Chinese Ambassador Cheng Xueyuan addressing the gathering . Pix: Courtesy BCIS Taken from Sunday Observer  BY VISHWA AUWARDS Sri Lanka is one of the first countries to join with the Belt and Road Initiative (BRI) said the Chinese Ambassador in...
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High protection betrays uncompetitiveness of Sri Lankan industry
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ECONOMYNEXT - Prohibitive import tariffs that protect domestic industry from competition are an indication of the inefficiency of local companies, Subhashini Abeysinghe, Research Director at think-tank Verité Research said. Higher import taxes signal higher domestic prices compared to import prices,...
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Sri Lanka needs to generate public support for trade reform
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ECONOMYNEXT - Sri Lanka needs to convince the public about the benefits of trade so they could prod politicians to make the reforms to reduce living costs and companies more competitive, panelists at a World Bank forum said. The general...
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Corrupt bureaucrats, uncompetitive local industries blocking trade liberalisation
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By Nishel Fernando The largely uncompetitive local industries and corrupt bureaucrats are exploiting the public perception to delay trade liberalisation and the necessary reforms for their personal gains, as the government and academics have so far failed to engage the...
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Rethinking the rupee crisis 
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The call by the Government to reduce imports as an effort to counter the impact of Sri Lanka’s fast depreciating rupee was met with disdain by many members of the public. This is largely because an import contraction is seen...
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Online Govt. trade portal set to fail if structural problems go unchecked: Leading researcher
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By Madushka Balasuriya In July this year, Sri Lanka made one of the most progressive steps in its trade history when it launched the Sri Lanka Trade Information Portal (SLTIP). An initiative by the Department of Commerce, in collaboration with...
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