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

» Sri Lanka strikes Gold at Wanderlust travel awards 2024
by samaritan Today at 12:24 pm

» LOLC's Conrad Dias on digital transformation - LMD tv interviw
by samaritan Yesterday at 11:14 am

» Suspension of "Parate rule" to end...
by deli Yesterday at 8:29 am

» Top 10 Listed Companies in Sri Lanka - 2024
by deli Yesterday at 8:23 am

» John Keells Holdings PLC share is worth LKR 17/= after Rights Issue and Sub-Division of shares
by God Father Tue Nov 05, 2024 10:02 pm

» LOLC Tech & Sanfer partnership to reshape digital transformation on a global scale
by samaritan Fri Nov 01, 2024 10:04 am

» TILE AND CERAMIC SECTOR
by OC.S Wed Oct 30, 2024 12:23 am

» JKH Trading Higher PER 30. Is it Fairly valued??
by OC.S Wed Oct 30, 2024 12:20 am

» Bullish about a sustainable turnaround - CSE Chairman
by OC.S Wed Oct 30, 2024 12:16 am

» Natural Gas Futures Sink 10%
by Rare Tue Oct 29, 2024 12:15 pm

» Oil prices fall further
by Rare Mon Oct 28, 2024 10:23 am

» Access Engineering awarded two more contract packages at Colombo Port
by Biggy Fri Oct 25, 2024 9:20 am

» CITH - What happned today?
by maduk Fri Oct 25, 2024 2:24 am

» Asian stocks drift higher amid rate cut speculation; Japan lags
by Rare Thu Oct 24, 2024 1:09 pm

» සභාපතිවරයාගේ හැසිරීම හේතුවෙන් රිචර්ඩ් පීරිස් සමාගම අනතුරේ?
by ChooBoy Mon Oct 21, 2024 12:47 am

» ANALYSIS: Sri Lanka Car Market 2024
by D.G.Dayaratne Sun Oct 20, 2024 9:50 pm

» Unprofessional conduct by Directors of East West Properties PLC
by Biggy Sun Oct 20, 2024 9:31 pm

» Colombo Stock Market: Valuation Guide 2Q2024
by God Father Sun Oct 20, 2024 8:23 am

» Imperfect laws keeps Bankrupt Companies trading in Sri Lanka Stock Exchange gravely endangering the Investors!
by God Father Fri Oct 18, 2024 9:47 pm

» Stock-Picking Strategies
by Rare Fri Oct 18, 2024 12:53 pm

» Post-election winners.
by Biggy Wed Oct 16, 2024 11:38 am

» Price Movement in Brent Co., WTI Co., and CEYPETCO Price Revisions Since Hamas' Attack on Israel in October 2023
by sheildskye Tue Oct 15, 2024 6:19 am

» WATA; MELS; LLUB; RCL- DIVIDEND SEASON
by sheildskye Tue Oct 15, 2024 6:04 am

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


You are not connected. Please login or register

Sri Lanka: Exclusive Senok Group lead Noel Selvanayagam behind Ranil's UNP Volkswagen Factory Deal

+2
stocker
DealKing
6 posters

Go down  Message [Page 1 of 1]

DealKing

DealKing
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Sri Lanka's Senok Group President Noel Selvanayagam who controls 24 subsidiary companies were spotted at one of Sri Lanka's most expensive restaurants at Colombo last night - Cinnamon Grand owned The London Grill that perhaps sells a Dinner Main Course as high as Rs.11,000/ = Taxes and Service Charges - Noel has been spotted along with German Ambassador and another official of Volkswagen in Asian Region celebrating the finalization process of Prime Minister Ranil's much marketed Election Promise on a Volkswagen Factory to Sri Lanka.

Although Ranil has been marketing about over 25,000 jobs via Volkswagen factory it is now revealed in Corporate and Business circles that if Senok lead Noel Selvanayagam gets the deal since Noel is a cheap payer to employees not much jobs will be generated as Ranil marketed prior to elections.

Further during General Election TV Political shows prior to 17th August then Ranil's Deputy Minister Dr.Harsha De Silva who looked after Economic Affairs went dumb and was dumfounded at a Political Show of Sirasa TV when journalists of Sirasa TV questioned about middle man who is involved in Volkssagn

stocker

stocker
Manager - Equity Analytics
Manager - Equity Analytics

DealKing wrote:Sri Lanka's Senok Group President Noel Selvanayagam who controls 24 subsidiary companies were spotted at one of Sri Lanka's most expensive restaurants at Colombo last night - Cinnamon Grand owned The London Grill that perhaps sells a Dinner Main Course as high as Rs.11,000/ = Taxes and Service Charges - Noel has been spotted along with German Ambassador and another official of Volkswagen in Asian Region celebrating the finalization process of Prime Minister Ranil's much marketed Election Promise on a Volkswagen Factory to Sri Lanka.

Although Ranil has been marketing about over 25,000 jobs via Volkswagen factory it is now revealed in Corporate and Business circles that if Senok lead Noel Selvanayagam gets the deal since Noel is a cheap payer to employees not much jobs will be generated as Ranil marketed prior to elections.

Further during General Election TV Political shows prior to 17th August then Ranil's Deputy Minister Dr.Harsha De Silva who looked after Economic Affairs went dumb and was dumfounded at a Political Show of Sirasa TV when journalists of Sirasa TV questioned about middle man who is involved in Volkssagn


Hey DealKing,

Why don't you leave Srilanka Equity and join Lanka C news. Wimal will pay you a good salary.  :bounce:.

soileconomy

soileconomy
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Dealking you are well above the others.I appreciate.

hettdas

hettdas
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

stocker wrote:
DealKing wrote:Sri Lanka's Senok Group President Noel Selvanayagam who controls 24 subsidiary companies were spotted at one of Sri Lanka's most expensive restaurants at Colombo last night - Cinnamon Grand owned The London Grill that perhaps sells a Dinner Main Course as high as Rs.11,000/ = Taxes and Service Charges - Noel has been spotted along with German Ambassador and another official of Volkswagen in Asian Region celebrating the finalization process of Prime Minister Ranil's much marketed Election Promise on a Volkswagen Factory to Sri Lanka.

Although Ranil has been marketing about over 25,000 jobs via Volkswagen factory it is now revealed in Corporate and Business circles that if Senok lead Noel Selvanayagam gets the deal since Noel is a cheap payer to employees not much jobs will be generated as Ranil marketed prior to elections.

Further during General Election TV Political shows prior to 17th August then Ranil's Deputy Minister Dr.Harsha De Silva who looked after Economic Affairs went dumb and was dumfounded at a Political Show of Sirasa TV when journalists of Sirasa TV questioned about middle man who is involved in Volkssagn


Hey DealKing,

Why don't you leave Srilanka Equity and join Lanka C news. Wimal will pay you a good salary.  bounce.

Laughing Laughing Laughing

DealKing

DealKing
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

stocker wrote:
DealKing wrote:Sri Lanka's Senok Group President Noel Selvanayagam who controls 24 subsidiary companies were spotted at one of Sri Lanka's most expensive restaurants at Colombo last night - Cinnamon Grand owned The London Grill that perhaps sells a Dinner Main Course as high as Rs.11,000/ = Taxes and Service Charges - Noel has been spotted along with German Ambassador and another official of Volkswagen in Asian Region celebrating the finalization process of Prime Minister Ranil's much marketed Election Promise on a Volkswagen Factory to Sri Lanka.

Although Ranil has been marketing about over 25,000 jobs via Volkswagen factory it is now revealed in Corporate and Business circles that if Senok lead Noel Selvanayagam gets the deal since Noel is a cheap payer to employees not much jobs will be generated as Ranil marketed prior to elections.

Further during General Election TV Political shows prior to 17th August then Ranil's Deputy Minister Dr.Harsha De Silva who looked after Economic Affairs went dumb and was dumfounded at a Political Show of Sirasa TV when journalists of Sirasa TV questioned about middle man who is involved in Volkssagn


Hey DealKing,

Why don't you leave Srilanka Equity and join Lanka C news. Wimal will pay you a good salary.  bounce.

Stocker I don't need to go anywhere to share what I know. I share for Sri Lanka Equity Members knowledge. Go check out what ever I have shared has happened so far be it Politics or even Stocks.I have predicted how Economic Pillars, Some Individual activities and Big or Mega Business Deals affect our stocks and economy. It is all up for you to study and find out.When I see and capture things I share it for majority's knowledge.

Chinwi

Chinwi
Associate Director - Equity Analytics
Associate Director - Equity Analytics

one years passed .... Deal king's another successful revelation.

Although Ranil has been marketing about over 25,000 jobs via Volkswagen factory it is now revealed in Corporate and Business circles that if Senok lead Noel Selvanayagam gets the deal since Noel is a cheap payer to employees not much jobs   will be generated as Ranil marketed prior to elections.
Now we know there is no Volkswagen making factory, it is just an assembly plant by Noel S.  

BTW, I use this thread to comment following:


Meanwhile, 2 days ago South Korea banned selling VW in Korea due to emission scandal.

VW diesel engines can emit 40 times of Nitrogen Oxide than approved rate  (NOx)—a smog-forming pollutant linked to lung cancer - and they have installed a computer programme  in the  car   to hide it in emission tests.  


How they did it is explained here :

When you go to emission test ( දුම් පරීක්‍ෂාව​ ) they connect some probes and do many manoeuvring in your car.
A hidden programme installed in the Car computer by VW detect this situation and adjust fuel injection and other gadgets inside the engine to pass the emission test.  
When you drive in normal mode it revert back to high performing 'cancer' mode !

In 2014 some researchers (probably funded by rivals) suspected something unusual and later found this cunning action done by VW.

Text I obtained from WWW :

VW Diesel-Emissions Scandal

 The company, which owns 70 percent of the U.S. passenger-car diesel market, is in major trouble for cheating on diesel-emissions tests.

After years of promoting “Clean Diesel” as an alternative to hybrid and electric vehicles Volkswagen is stewing in its own toxic vapors.

What happened?

Volkswagen installed emissions software on more than a half-million diesel cars in the U.S.—and roughly 10.5 million more worldwide—that allows them to sense the unique parameters of an emissions drive cycle set by the Environmental Protection Agency.
According to the EPA and the California Air Resources Board, who were tipped off by researchers in 2014, VW computer detect steering, throttle, and other inputs used in the emission tests and your behavior in normal driving   and programmed to switch between two distinct operating modes .

In the test mode, the cars become good boys, are fully compliant with all federal emissions levels.
But when driving normally, the computer switches to a separate mode—significantly changing the fuel pressure, injection timing, exhaust-gas recirculation, and, in models with AdBlue, the amount of urea fluid sprayed into the exhaust.
While this mode likely delivers higher mileage and power, it also permits heavier nitrogen-oxide emissions (NOx)—a smog-forming pollutant linked to lung cancer—up to 40 times higher than the federal limit. Some cars may emit just a few times over the limit, depending on driving style and load.

worthiness


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

If I am not mistaken, mentioned job opportunities are limited to 500 as it is not a manufacturing plant at kuliyapitiya. Only assembly plant is set up initially for local demand & at later stage supplying to south/south east Asian countries. Media always publish imbalanced & controversial contents.

hettdas

hettdas
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

something is better than nothing.... Smile

9Sri Lanka: Exclusive Senok Group lead Noel Selvanayagam behind Ranil's UNP Volkswagen Factory Deal Empty Volkswagen No Coming Mon Aug 29, 2016 11:15 am

Chinwi

Chinwi
Associate Director - Equity Analytics
Associate Director - Equity Analytics

At last,  yesterday Hon.  Iran Wickramaratna MP disclosed that Volksvagen has abandoned its plans in Sri Lanka due to their own  problems.


දෙරණ පුවත් හා එක්වෙමින් එතුමා පැවසූවේ මැතිව රණ  කරලියේදී වේදිකාවල කියන දේවල්  ගැන අප ඊට වඩා ගැඹුරින්  සිතිය යුතු බවය​.

(ඕං ඔය හැම එකම විශ්වාස කරපු අයට තමයි ඒ කියල දුන්නෙ.)

Sponsored content



Back to top  Message [Page 1 of 1]

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