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Sri Lanka`s Mihin Air pulls out of three destinations
Full News Article
freedom1
Joined: Jun 2007 Posts: 2030 Member Profile
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7 Mar 2008 21:08:26 GMT Report for Abuse
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AnuD,
with a potential market for 70 percent of mobile users
These 70% can not afford a phone and do not know how to handle them. Consumers are strangled by inflation and high interest rates and the tiny SL market is severely fought by a lot of established operators.
That poor Israeli must have been drugged before he had gone for this investment :-) |
freedom1
Joined: Jun 2007 Posts: 2030 Member Profile
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7 Mar 2008 21:14:06 GMT Report for Abuse
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Today Asia's economic growth to a reasonable extent depends on the western economies as they are producing for this market and not the local market
China is still the backyard as well as India. SL has a hard time to qualify for the backyard without convincing products or services.
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DVLADV Senior Member
Joined: May 2006 Posts: 5150 Member Profile
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7 Mar 2008 21:27:35 GMT Report for Abuse
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SL has a hard time to qualify for the backyard without convincing products or services.
Sri Lanka does not produce many or any knowledge base products. One of the reasons for this is the restrictive education system in SL. SL don't have private universities so any funding for research and development has to come from the state that is not interested. Which is not the same story in other countries.
So your only about 20m in population much smaller than many cities of the world and the technology is at least a couple of decades old and what you want to produce does not need much knowledge or skill then SL playing ball with major players is not realistic.
Some of you might say that we produce garment and competing with major players. This is because the GOSL created tax holidays and the west gave preferential treatment. Now both these are coming to an end. Most foreign investors who took advantage drained the foreign exchange and now will move to another country that gets these same advantages.
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nada Senior Member
Joined: Aug 2005 Posts: 3569 Member Profile
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7 Mar 2008 21:28:41 GMT Report for Abuse
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| People who show severe suicidal tendencies can still fly Mihin ..... |
tributesla
Joined: Jun 2007 Posts: 664 Member Profile
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7 Mar 2008 21:39:26 GMT Report for Abuse
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All In The Family
March 7, 2008: The LTTE (Liberation Tigers of Tamil Eelam), a separatist Tamil group from the island of Sri Lanka, has been revealed as a key operator in a worldwide weapons smuggling operation. This has served a wide variety of terrorist organizations. In three decades of fighting, the LTTE has killed over 70,000 people and pioneered the use of suicide bombers. This included inventing the explosive belt. The LTTE has also killed two national leaders (of Sri Lanka and India) and many more senior government officials than Islamic terrorists. Al Qaeda learned quite a lot about terrorism from the LTTE, which is basically a secular organizations (although most members are Hindu).
But even more importantly, the LTTE pioneered fund raising and procurement techniques that have greatly aided Islamic terrorists. The LTTE developed methods which enabled them to raise large amounts of money from expatriate Tamils (who are native to southern India). The LTTE was also able to raise money from Tamils in southern India, but it was the techniques of pretending to collect money for charity work, then using it to fund terrorism, that really caught al Qaedas attention.
All this eventually caught the attention of counter-terror organizations in many countries, leading to the LTTE being declared a terrorist organization, and many of its fund raising operations shut down. As that was done, more and more evidence (documents, and interrogations) piled up showing that the LTTE had worked with Palestinian, Kurdish, Taliban, Al Quaeda, Eritrea, Filipino, and other Middle Eastern groups to obtain illegal weapons, and learn how to use them. The LTTE also became the primary weapons purchaser, and transporter for many of these other terrorist groups. The LTTE maintained hundreds of small, and a few large, boats for transporting these weapons to LTTE controlled parts of the island country of Sri Lanka, and other parts of the world as well. But recent reverses have destroyed most of that fleet, especially the six large ships, that could move weapons around the world, and sometimes did.
The LTTE arms procurement operation has been badly damaged, but is still (barely) functioning. The terrorist groups it has worked with in the past are also experiencing hard times. But the information about these past LTTE exploits demonstrates how terrorist groups, with quite different agendas, can cooperate for their mutual benefit.
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SatanKaBacha
Joined: Aug 2006 Posts: 2253 Member Profile
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7 Mar 2008 21:46:22 GMT Report for Abuse
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In three decades of fighting, the LTTE has killed over 70,000 people and pioneered the use of suicide bombers.
woohooo.. They must be killing all over the world..! Or SLA must have been renamed LTTE..! :O)) |
freedom1
Joined: Jun 2007 Posts: 2030 Member Profile
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7 Mar 2008 21:51:15 GMT Report for Abuse
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DVLADV,
SL had a huge lead at one certain time because of it's English speaking citizens to qualify and establish itself within prime key markets like textil, IT outsourcing and tourism.
Now there are no more movers and shakers and the global markets have gone towards other Asian countries.
In terms of financial power and education SL is for other Asians a bit like Africa is for Europeans. That's what Malaysians, Thai, Chinese, Koreans, Japanese etc. are saying when they come to SL.
Edited By - freedom1 - 7 Mar 2008 21:57:06 GMT |
DVLADV Senior Member
Joined: May 2006 Posts: 5150 Member Profile
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7 Mar 2008 22:01:58 GMT Report for Abuse
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In terms of financial power and education SL is for other Asians a bit like Africa is for Europeans. That's what i heard from Malaysians, Thai, Chinese, Koreans etc.
They are right. You reap what you sow. British sowed some good seeds and SL had a good harvest for two generations even after they left but did not know how to nourish it and today we are seeing what we are seeing.
Sri Lankans are smart irrespective of race and they have proved it out side the country. Why has this not happened inside the country?
Edited By - DVLADV - 7 Mar 2008 22:16:04 GMT |
Sintamus Senior Member
Joined: Aug 2005 Posts: 2775 Member Profile
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7 Mar 2008 22:30:43 GMT Report for Abuse
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None of the 70,000 was killed by thugs or SLSF.
Mathematical conclusion of the idiotic logic is that Sinhalese thugs, Sinhalese Security Forces and aerial bombing were misfired and not a single person was killed. What is disguised is that statement is the army cannot shoot properly and the Sinhalese and Pakistani pilots bombs the empty seas and barren lands.
The anti-Tamil riots and 83 pogrom were staged to amuse the world.
Edited By - Sintamus - 7 Mar 2008 22:40:34 GMT |
Magnum357
Joined: Oct 2007 Posts: 774 Member Profile
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8 Mar 2008 04:35:50 GMT Report for Abuse
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Mihin Air is currently opeating with just ONE airplane! That is like a wayside 'petti kade'mudalali selling one cake of soap and trying to survive with the profits of that!
If something is done for the wrong reasons it will never work out well! Same holds true for Mihin Air.
Edited By - Magnum357 - 8 Mar 2008 04:37:57 GMT |
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