PM tells business leaders:
‘Authoritarian rule took country nowhere’
The country got nowhere despite putting an end to
the war, due to the authoritarian rule of the Rajapaksa regime that
looked into the welfare of only one family, Prime Minister Ranil
Wickremesinghe told the 16th Economic Summit organized by the Ceylon
Chamber of Commerce in Colombo on Wednesday.
Signing CEPA, an unwise move - COYLE
Certain Sri Lankan officials who engaged in
discussions with India regarding the Comprehensive Economic
Partnership Agreement (CEPA), are openly supporting Indian views,
while turning a blind eye to concerns raised by Sri Lankan
entrepreneurs, Chamber of Young Lanka Entrepreneurs (COYLE) member
and Chairman, Multichemi Group of Companies, Samantha Kumarasinghe
told an event in Colombo on Thursday.
No future without exports - Harsha
There is a lack of focused policy on
exports. It is necessary that we concentrate on exports, exports and
more exports. It is important to understand that we have no future
without it. That is why we are focusing on exports, Deputy Minister
of Policy Planning Dr. Harsha de Silva told the 18th Annual General
Meeting of the Exporters Association of Sri Lanka recently.
Ex Treasury Secretary practised ‘Stupidonomics’
A Singapore-based economist lambasted former
Treasury Secretary Dr. P.B. Jayasundera for promoting a vibrant
export sector while downplaying imports which he said was
‘stupidonomics’ that does not help a country to boost trade. Trying
to boost exports while drastically cutting down imports is a stupid
theory that does not work.
Business organisations cause catastrophic environmental damage -
The damage caused to the environment by business
organisations across the globe is catastrophic and results in a
magnitude of environmental disasters. If no remedial action is taken
there would be major environmental repercussions across the globe, a
United Nations official warned.