How can you justify the privatization of Sri Lanka air lines. It has no monopoly because it is the sole national carrier of Sri Lanka. It has no competition from anyone. So what is the need to privatize it? Privatizing should not be done because other countries are doing it. We need strategy. Your reply implies that neither you nor your government has any clue on what is happening.
If Sri Lankan was making a loss, it is Yahapalana governments duty to making it profitable rather than sell it.
Besides are you aware that Lanka hospitals were privatized by the Yahapalana government? It was making profit when it was privatized. What was the need to privatize it?
Economic liberalization of JR boosted the import business but destroyed many of the local industries. It is an irony that the so called industrialization has to stop in apparel industry.
WTF? Did you even read my previous post? And what the hell is that nonsesical BS?
Your own post shows how ignorant you are, It just doesn't make any sense to even explain!
You start displaying your ignorance.The SriLankan Airline is losing the competetition! Competetition among airlines is too much for the UL specially in the current state Rajapaksa left it in. privatized European Airlines as well as Middle eastern Airlines have already taken over most of UL customers and you are blabbering that it's the governments duty to make it profitable. Disgusting and shameless! The current govt has already reduced losses significantly but the debt remains sky high! Three port cities could have been built for the debt taken by the Sri Lankan.
And how the hell do you expect to make it profitable before October? eh.
You are an naked slave you shamelessly comes running ranting BS after destroying the airline and filling the pockets of your royal family. You now shout against privatizing 40% of the UL so it can be saved which will destroy Rajapaksa’s reputation even further. There is a clear strategy and It was MR that abolished the agency that was in charge creating the strategy and restructuring SOEs for privatization. Blabbering won't help as there is a strategy for what needs to be privatized and what isn't alongside the creation of a Public Wealth Trust to hold the non privatized SOEs protected from scoundrels like you
As you said this is my govt of my country so you better look what's happening in your Kingdom.
Sri Lankan needs a foreign partner before October. The 201 Million USD the Treasury pumped in will only keep the airlines flying till then. SriLankan will hopefully find a good partner and if that happens it will be profitable again and majority of those profits will be ours.
I have more than a clue, I recomend you talk about something you understand instead of trolling and humiliating your self with your stupidity. You don't even know what the hell you are ranting about but you dare says that I don't have a clue?
Profitable non strategic enterprises such as LANKA hospitals are the easiest to be privatized it's not something I need to explain. The govt has no use for it Gota only wanted it to fill his pockets. The profit from privatization is needed for urgent fiscal reform and debt repayments. This will have to go alongside several Govt owned hotel development companies. Many people agree that Lanka hospitals will be better with Hemas or Softlogic. The useful ones will be organized into a public wealth trust modeled after temaesk. The govt has a very good plan for prosperity and economic development. Govt can invest in companies and buy assets through that and that alone. Even govt owned banks will be owned by it. I repeat it AGAIn if you don't know ANY THING then just shut up instead of blabbering nonsense just like your power hungry Self proclaimed king.
Being the flag career it isnt a tool for state or corrupt politicians Your pathetic excuse to defend Rajapaksa demanding paying customers to be kicked out so he and dozens of his relatives and friends to be given seats for free is a pretty good example for your utter ignorance , blindness and servitude.You came running as usual to cover up your masters nudity in kicking out the best head SriLankan Ever had but you did it with a transparent clothe while you yourself is naked. Explanations like this are good for brain dead zombies like you not for me. You are pretty much showing how Rajapaksa destroyed the Airline unknowingly.
What use is a national carrier when they cannot host the President of the country.
LOL you are patheticly dumb.Local industries lacked the ability to compete internationally. excessive protectionism made them weak. Thanks to The opening up of the economy new industries are coming up that can compete in the international markets. If JR did not open up the economy then we would be still in extreme poverty. Even China liberlized their economy which resulted in the modern China. Chinese would be worse than India if they didn't do it. The Industrialization is NOT "So called" Please get new brain. After President Premadasa's death the development of industries slowed down. Apparel industry was the quickest and the easiest industry to start and get people our of poverty and get them jobs. Sri Lanka was about to transition into newer sectors but couldn't complete it. Singapore was able to reach the final stage and get investments in High tech industries replacing apparel industry.
Explaining to you is useless becuase you doesn't understand and have any Knowldge about anything about these only rant believing you are convincing when you are NOT.
Until idiots like you exist Sri Lanka shouldn't run businesses. As you still run licking MRs feet and opposing turning the UL into a joint venture that can gain foreign capital and expertise to compete better. Just becuase it will no longer available for politicians to loot
You cannot learn so
explaining is useless. Yoy camt even freaking read but come shouting outdated "Ruling class" nonsense and other BS to cover up the theives and to make sure politicians can loot even in thw future. The only thing you see is that what's happening is against what your King says and it cannot go that way. Thus you keep making up words and ranting them.
An uneducated idiot who cannot learn cannot be taught.
All explanations are useless and you only keep showing your stupidity and blind worship of Rajapaksas