FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

Click Link to get instant AI answers to all business queries.
Click Link to find latest Economic Outlook of Sri Lanka
Click Link to view latest Research and Analysis of the key Sectors and Industries of Sri Lanka
Worried about Paying Taxes? Click Link to find answers to all your Tax related matters
Do you have a legal issues? Find instant answers to all Sri Lanka Legal queries. Click Link
Latest images

Latest topics

» McDonald’s අපේ නෙමෙයි අපේ බෝස්ගේ – අබාන්ස් කියයි
by ChooBoy Today at 10:19 am

» AI Assistance for Stock Market Research and Analysis
by ChatGPT Today at 7:12 am

» Comparative Analysis of the Insurance Sector
by God Father Tue Mar 26, 2024 11:46 pm

» Sri Lanka: Why Pay Exorbitant Taxes?
by ChatGPT Tue Mar 26, 2024 10:52 pm

» LANKA CREDIT AND BUSINESS FINANCE PLC (LCBF.N0000)
by K.R Tue Mar 26, 2024 3:15 pm

» CENTRAL INDUSTRIES PLC (CIND.N0000)
by D.G.Dayaratne Tue Mar 26, 2024 9:11 am

» SIYAPATHA FINANACE PLC (SLFL.N0000)
by ChatGPT Tue Mar 26, 2024 7:58 am

» FINANCE AND LEASING SECTOR
by ChatGPT Mon Mar 25, 2024 6:45 am

» LOLC FINANCE PLC (LOFC.N0000)
by ChatGPT Mon Mar 25, 2024 6:36 am

» CIC HOLDINGS PLC (CIC.N0000)
by ChatGPT Mon Mar 25, 2024 6:18 am

» UNION ASSURANCE PLC (UAL.N0000)
by ChatGPT Mon Mar 25, 2024 6:15 am

» First Capital Holdings PLC: Current Financial performance and future outlook
by God Father Sun Mar 24, 2024 10:58 pm

» LankaBizz: Sri Lanka's First ever Artificially Intelligent (AI) Business and Research Assistant
by God Father Sun Mar 24, 2024 7:27 am

» HOTEL AND TRAVEL SECTOR
by ErangaDS Wed Mar 20, 2024 7:22 am

» CIC Holdings Good Times Ahead
by ashan silva Mon Mar 18, 2024 11:00 am

» EPF Fund keep eye on low P/E Shares
by K.R Mon Mar 18, 2024 8:45 am

» SINS - the Tailwind effects of a crisis hit Economy
by Hawk Eye Mon Mar 18, 2024 8:37 am

» Ceylon cold stores
by Hawk Eye Mon Mar 18, 2024 8:25 am

» Asha securities Provide buy signal for CIC
by ddrperera Fri Mar 15, 2024 1:10 am

» CSE ready for another Downtrend?
by D.G.Dayaratne Thu Mar 14, 2024 11:24 am

» LankaLAW Forum : Sri Lanka’s #1 Discussion Platform for Legal Questions and Answers
by blindhog Thu Mar 14, 2024 9:14 am

» Sri Lanka poised to benefit from demand surge for ‘non-China origin’ graphite
by samaritan Wed Mar 13, 2024 1:31 pm

» LOLC hotels
by Maharaja Tue Mar 12, 2024 2:34 pm

» AEL target price ?
by suku502 Mon Mar 11, 2024 11:26 am

» WAPO 200% UP
by LAMDA Sun Mar 10, 2024 10:33 pm

LISTED COMPANIES

Submit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)



CHRONICLE™ YouTube

Disclaimer
FINANCIAL CHRONICLE™ Disclaimer

The information contained in this FINANCIAL CHRONICLE™ have been submitted by third parties directly without any verification by us. The information available in this forum is not researched or purported to be complete description of the subject matter referred to herein. We do not under any circumstances whatsoever guarantee the accuracy and completeness information contained herein. FINANCIAL CHRONICLE™ its blogs, forums, domains, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not in any way be responsible or liable for loss or damage which any person or party may sustain or incur by relying on the contents of this report and acting directly or indirectly in any manner whatsoever. Trading or investing in stocks & commodities is a high risk activity. Any action you choose to take in the markets is totally your own responsibility, FINANCIAL CHRONICLE™ blogs, forums, domains, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information. The information on this website is neither an offer to sell nor solicitation to buy any of the securities mentioned herein. The writers may or may not be trading in the securities mentioned.

Further the writers and users shall not induce or attempt to induce another person to trade in securities using this platform (a) by making or publishing any statement or by making any forecast that he knows to be misleading, false or deceptive; (b) by any dishonest concealment of material facts; (c) by the reckless making or publishing, dishonestly or otherwise of any statement or forecast that is misleading, false or deceptive; or (d) by recording or storing in, or by means of, any mechanical, electronic or other device, information that he knows to be false or misleading in a material particular. Any action writers and users take in respect of (a),(b),(c) and (d) above shall be their own responsibility, FINANCIAL CHRONICLE™ its blogs, forums, domains, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not be liable for any, direct or indirect, consequential or incidental violation of securities laws of any country, damages or loss arising out of the use of this information.


AI Live Chat

You are not connected. Please login or register

Maldives also Now facing Sri Lanka’s Same Debt Trap Syndrome

4 posters

Go down  Message [Page 1 of 1]

Miss-Sangeetha

Miss-Sangeetha
Moderator
Moderator

The new Maldives government is considering pulling out of a free trade agreement with China, a top leader from the islands' governing alliance says.

"The free trade agreement is very one-sided... the numbers don't match," ex-president Mohamed Nasheed told the BBC.

The Maldives' parliament would not approve the law required for the trade deal to come into force, he added.

The comments come days after Mr Nasheed's ally Ibrahim Mohamed Solih became the Maldives' new president.

Mr Nasheed - a senior advisor to President Solih - was barred from contesting the September elections.

There has been no immediate response from China to the latest comments, but a week ago the Chinese embassy in the capital Male rejected a statement by Mr Nasheed in which he said his country risked falling into a debt trap with Beijing.

The previous president, Abdulla Yameen, preferred close links with China and signed the free trade agreement during a visit to Beijing last December.

China and Chinese companies have invested hundreds of millions of dollars in various infrastructure projects in the Indian Ocean nation, known for its luxury resorts and coral islands.

But Mr Nasheed's comments are seen as the latest sign of a backlash against Beijing in the Maldives.

The Indian-Ocean archipelago is among a number of small countries where China has invested billions of dollars building highways and ports as part of its Belt and Road Initiative, to promote trade between Asia and parts of the rest of the world.

Mr Nasheed also said China and Chinese companies have taken over a number of islands in the Maldives on leases ranging from 50 to 100 years.

"If any of these investments (in the islands) are not commercial then we must review it… Nothing was made public in the last five years," the former president said.

Mr Nasheed prefers close ties with India, which has been trying to regain its influence in the Maldives.

The Indian prime minister, Narendra Modi, was among the guests who attended the swearing-in of President Solih in the capital Male on Saturday.

Mr Solih is also expected to make his first state visit to India next month.

Source- https://www.bbc.com/news/world-asia-46269504

Yahapalanaya

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

Miss-Sangeetha wrote:The new Maldives government is considering pulling out of a free trade agreement with China, a top leader from the islands' governing alliance says.

"The free trade agreement is very one-sided... the numbers don't match," ex-president Mohamed Nasheed told the BBC.

The Maldives' parliament would not approve the law required for the trade deal to come into force, he added.

The comments come days after Mr Nasheed's ally Ibrahim Mohamed Solih became the Maldives' new president.

Mr Nasheed - a senior advisor to President Solih - was barred from contesting the September elections.

There has been no immediate response from China to the latest comments, but a week ago the Chinese embassy in the capital Male rejected a statement by Mr Nasheed in which he said his country risked falling into a debt trap with Beijing.

The previous president, Abdulla Yameen, preferred close links with China and signed the free trade agreement during a visit to Beijing last December.

China and Chinese companies have invested hundreds of millions of dollars in various infrastructure projects in the Indian Ocean nation, known for its luxury resorts and coral islands.

But Mr Nasheed's comments are seen as the latest sign of a backlash against Beijing in the Maldives.

The Indian-Ocean archipelago is among a number of small countries where China has invested billions of dollars building highways and ports as part of its Belt and Road Initiative, to promote trade between Asia and parts of the rest of the world.

Mr Nasheed also said China and Chinese companies have taken over a number of islands in the Maldives on leases ranging from 50 to 100 years.

"If any of these investments (in the islands) are not commercial then we must review it… Nothing was made public in the last five years," the former president said.

Mr Nasheed prefers close ties with India, which has been trying to regain its influence in the Maldives.

The Indian prime minister, Narendra Modi, was among the guests who attended the swearing-in of President Solih in the capital Male on Saturday.

Mr Solih is also expected to make his first state visit to India next month.

Source- https://www.bbc.com/news/world-asia-46269504
Here China's golaya MARA got Horu PM through back door. It is dangerous to India,US,UK,Europe, etc.Let's see the outcome Very Happy Very Happy Very Happy

samaritan


Moderator
Moderator

May be the new Maldivian govt must be like the ousted UNP govt who don't have the expertise to manage the nation's economy.

ranferdi

ranferdi
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

samaritan wrote:May be the new Maldivian govt must be like the ousted UNP govt who don't have the expertise to manage the nation's economy.

Managing National Economy with higher rated loans from China doesn't need expertise.

http://::::THIS EMAIL DOESNT WORK.. PLEASE CONTACT ME ON FB ACCO

samaritan


Moderator
Moderator

ranferdi wrote:
samaritan wrote:May be the new Maldivian govt must be like the ousted UNP govt who don't have the expertise to manage the nation's economy.

Managing National Economy with higher rated loans from China doesn't need expertise.
A crisis situation warrants more skills & expertise than in a normal situ. The country has gone thro' its worse over the last nearly 4 years and nothing can be worse than that. Regarding the FTA with S'pore this govt did not abruptly say that it will cancel it but stated that it would review same, unlike the ousted govt's idiotic diplomacy like halting the Port City project abruptly.
Subsequently forced to strike a raw deal in relation to H'tota port mainly b'cos of the strained relationship. What i am saying is they should have stated that they would review the project in future and could have made the amendments to the agreement instead of throwing egg on China's face and in turn standing at their door with a begging bowl.

ranferdi

ranferdi
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

samaritan wrote:
ranferdi wrote:
samaritan wrote:May be the new Maldivian govt must be like the ousted UNP govt who don't have the expertise to manage the nation's economy.

Managing National Economy with higher rated loans from China doesn't need expertise.
A crisis situation warrants more skills & expertise than in a normal situ. The country has gone thro' its worse over the last nearly 4 years and nothing can be worse than that. Regarding the FTA with S'pore this govt did not abruptly say that it will cancel it but stated that it would review same, unlike the ousted govt's idiotic diplomacy like halting the Port City project abruptly.
Subsequently forced to strike a raw deal in relation to H'tota port mainly b'cos of the strained relationship. What i am saying is they should have stated that they would review the project in future and could have made the amendments to the agreement instead of throwing egg on China's face and in turn standing at their door with a begging bowl.
 government has gone through worst ever period because of debt burden created by Rajpassa.

IS that because of incapability that yahapalana government built up foreign reserves upt 7.2 billion USD ??

http://::::THIS EMAIL DOESNT WORK.. PLEASE CONTACT ME ON FB ACCO

samaritan


Moderator
Moderator

ranferdi wrote:
samaritan wrote:
ranferdi wrote:
samaritan wrote:May be the new Maldivian govt must be like the ousted UNP govt who don't have the expertise to manage the nation's economy.

Managing National Economy with higher rated loans from China doesn't need expertise.
A crisis situation warrants more skills & expertise than in a normal situ. The country has gone thro' its worse over the last nearly 4 years and nothing can be worse than that. Regarding the FTA with S'pore this govt did not abruptly say that it will cancel it but stated that it would review same, unlike the ousted govt's idiotic diplomacy like halting the Port City project abruptly.
Subsequently forced to strike a raw deal in relation to H'tota port mainly b'cos of the strained relationship. What i am saying is they should have stated that they would review the project in future and could have made the amendments to the agreement instead of throwing egg on China's face and in turn standing at their door with a begging bowl.
 government has gone through worst ever period because of debt burden created by Rajpassa.

IS that because of incapability that yahapalana government built up foreign reserves upt 7.2 billion USD ??
Ponzi fame butterflies have borrowed more than USD 21billion since 2015 and casted doubts about loan repayment due early next year.

Sponsored content



Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum