Foreign trade door is a revolving one

Sri Lanka, once recognised as a very open economy, has seen trade dynamics shift since 2004. We are now reaping the repercussions of excessive protectionism, which supported the narrative of 'self-sufficiency' when the globe actually moved away from self-sufficiency and toward interdependence. As to the Fraser Institute's Economic Freedom of…

When will we ever learn?

The Philippine Statistics Authority said 40 percent of Filipino households depend on liquefied petroleum gas (LPG) for their daily cooking needs. These families are the potential victims of unsafe LPG tanks being sold by unscrupulous LPG suppliers. For example, if they happen to buy imported LPG tanks that are made…

Chinese credit conundrum for Sri Lanka

The debt relief reiterated by China to Sri Lanka last week still falls short of overall burden on the latter, according to analysts. China's Foreign Ministry Spokesperson Mao Ning's during the regular briefing on Friday reiterated the announcement by Export-Import Bank of China on 19 January. As the official bilateral…

UP questions professor’s arrest

Top officials of the University of the Philippines (UP) yesterday questioned the lack of police coordination in Monday's arrest of Filipino professor and unionist Melania Flores. UP Diliman chancellor Fidel Nemenzo said the professor's arrest at her home in the university's premises was a 'brazen disregard' of the 1992 agreement…

Century Nuliv Townvillas officially break ground

Century Nuliv Townvillas at Acqua, Century Properties' maiden project under its recently launched upscale real-estate brand Century Nuliv recently held its groundbreaking ceremony. The ceremony was led by Century Nuliv President Monica L. Trajano, CPG Sales Operations Management Group Head Malvin C. Landicho, CPG Design Manager Arch. Jennifer S. Maglaqui,…