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The Pathfinder Foundation Felicitated

Mr.-MM-Receiving-Award2The Embassy of the People's Republic of China in Sri Lanka recognized the Pathfinder Foundation as one of its top 10 partners at a ceremony to mark Chinese New Year and Sri Lanka's National Day held at the BMICH on Friday 17th January. President Mahinda Rajapaksa, Prime Minister D.M Jayaratne, Minister of Health Maithreepala Sirisena, Minister of External Affairs G.L Peiris and Secretary to the President Lalith Weeratunga were among those present at this ceremony. Here Chinese Ambassador Wu Jianghao presents the top 10 partners award to Mr. Milinda Moragoda, Founder of the Pathfinder Foundation.

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The Risky Business of Price Controls and Guaranteed Prices

The anticipated national elections have spawned a spate of misguided and unaffordable claims and counter claims. There have been calls for price controls for ‘essential commodities’ and a higher guaranteed price for paddy farmers as well as the introduction of a guaranteed price for fish. When considering such requests, it is important to learn from the mistakes of the past. Repeating policies, which have undermined the development of the country and ultimately imposed additional burdens on the people, would not serve anyone’s interest, particularly those who need ‘relief’ the most. In this connection, it would be useful to examine why price controls and subsidizing ‘essential commodities’ was a failed policy in the past. There is also merit in considering what the best instrument is for providing relief and how it can be targeted to those most in need. Finally, one needs to understand how best to treat the causes rather than the symptoms of the ‘cost of living problem’ which are triggering the pressure for these distortionary policies.

Last Updated on Wednesday, 22 October 2014 14:55

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A Strategizing to Maximize Benefits from Chinese Economic Expansion and Diversification

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ì;= is;=jï rE fuka msgq fkd mdú;

                   ie,<sysKs ixfoaYh

Akin to figures painted on a wall

Friends do not dodge at all

May he be in joy or grief

Hedge of genuine friends no brief

(Salalihini Sandeshaya- Thotagamuwe Sri Rahula Thero)

 

Sri Lanka has utilized its newly found freedom from 30 years of terrorism and bloodshed for the promotion of several development projects and programs over the past few years. The primary objective of these types of projects, is to make Sri Lanka an international and/or regional hub for maritime, aviation, commercial, education and energy businesses.

Last Updated on Tuesday, 16 September 2014 14:25

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Prime Minister Abe’s Visit: An Opportunity to Make up for Lost Time

The Prize on Offer.

The Prime Minister Abe’s visit to Sri Lanka offers the chance to reflect upon the fact that Japan has been a steadfast and generous partner throughout Sri Lanka’s post-independence era. At the San Francisco conference Sri Lanka drew upon Lord Buddha’s teachings to plead for the magnanimous treatment of Japan at the end of the World War II. This constituted a landmark in the bilateral relations between the two countries. Since then, Japan has been generous in its support to Sri Lanka at both the bilateral and multilateral levels. Prime Minister Abe’s visit can serve to open a new chapter in bilateral economic relations based on sharply increased flows of Japanese FDI.

Last Updated on Friday, 05 September 2014 15:18

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