Sri Lanka Equity Forum
Dear Reader,

Registration with the Sri Lanka Equity Forum 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
Sri Lanka Equity Forum

Discussion Forum for Stock Market Investors in Sri Lanka

සිංහල පරිවර්තනය
Submit Post
Submit Post

Latest topics

» BFN ගනු දෙනුව වෙනවා ..
by nosf766 Today at 12:16 pm

» රැවටෙන්න එපා ..විකුන්නන එපා ..ණයට ගන්න එපා .BFN - JINS එකතු කරන්නා හෙට දිනනනවා
by Gambino7 Today at 9:45 am

» SRI LANKA @ 2020
by ruwan326 Today at 9:36 am

» Financial Reports Q-3 2018
by ruwan326 Today at 9:26 am

» ##FUN TOONS###
by ruwan326 Today at 9:14 am

» CROSSINGS TODAY
by ruwan326 Today at 9:08 am

» Daily Foreign Transactions
by ruwan326 Today at 9:02 am

» NDB declared ‘Bank of the Year’ by The Banker, UK
by ruwan326 Today at 8:41 am

» NDB wins Banking Sector National Business Excellence Award 2018
by MarketWch Yesterday at 5:33 pm

» Market will RISE expecting a MR Led new government
by samaritan Yesterday at 1:52 pm

» CSE THIS WEEK
by ruwan326 Yesterday at 11:37 am

» Summary of Key Announcements during the week
by ruwan326 Yesterday at 11:25 am

» No worries about BFN Deal .i
by ruwan326 Yesterday at 11:21 am

» CSE WEEKLY
by ruwan326 Yesterday at 11:13 am

» FOREIGN NEWS
by ruwan326 Yesterday at 11:10 am

» Dealing by directors
by ruwan326 Yesterday at 10:55 am

» ALHP WILL MOVE UP from next MONDAY
by aklt Yesterday at 10:47 am

» ඔරියන්ට් ෆ්යිනැන්ස් -විකිනීම ස්තිරයි - අද ද අයිලන්ඩ් පුවත් පත බලන්න 2020 වෙනකම් පුලුවන් නම් තියා ගන්න - අදහා ගන්න බැරි ආදායමක් ලබන්න
by ruwan326 Yesterday at 10:33 am

» @RANFERDI, YAhapalan, In which list are you? Puravesi Lithro List, or Kiriella List or other list
by ranferdi Yesterday at 9:06 am

» #PM Crisis#
by ranferdi Yesterday at 9:05 am

» Stocks don’t go up and stay up because of stories, tips, or people’s opinions
by ruwan326 Yesterday at 9:00 am

» FINANCIAL INSTITUTIONS IMPAIRMENT COST
by Yahapalanaya Sat Dec 08, 2018 11:10 pm

» MONTH PEACE & HAPPINESS
by Ryan Hudson Sat Dec 08, 2018 6:40 pm

» JINS NO DEAL YET - BFN IS ON AND POSITIVE -CHECK THE COMPNAY ANNOUNCEMENT CAREFULLY - NO NOTHING ABOUT BFN
by kalu351 Fri Dec 07, 2018 10:03 pm

» Will ALHP be eliminated from the CSE?
by wisdom79 Fri Dec 07, 2018 8:41 pm

» Is TKYO.N0000 a Sleeping Giant
by aklt Fri Dec 07, 2018 7:52 pm

» FINALY – BFN – TAKE OVER NEWS IS OUT OFFICIALY -DONT SELL BELOW 20 TRY TO BUY AT CURRENT 15-17 LEVELS
by Equity Suda Fri Dec 07, 2018 12:57 pm

» PLAYERS PICK OF THE DAY
by ruwan326 Fri Dec 07, 2018 7:39 am

» JINS – LIFE FOR SALE – ALONG WITH BFN - BUY BUY BUY
by kalu351 Thu Dec 06, 2018 2:49 pm

» JINS – DON’T BUY BEYOND 30 – DEAL IS AT 30 BFN - BUY BELOW 22 – DEAL IS AT 25
by kalu351 Thu Dec 06, 2018 2:47 pm

You are not connected. Please login or register

Sri Lanka Equity Forum » Stock Market Talk » Maldives also Now facing Sri Lanka’s Same Debt Trap Syndrome

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

Go down  Message [Page 1 of 1]

Miss-Sangeetha

avatar
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
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

avatar
Vice President - Equity Analytics
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


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

avatar
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


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

avatar
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


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@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.

Back to top  Message [Page 1 of 1]

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