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[…] The post A Year In Cloud Cuckoo Land appeared first on Colombo Telegraph.
Iran’s president Ahmadinejad has said that “a heavy, covert and all-around battle” was being waged against his country by the West, admitting that Iran was experiencing difficulties in selling oil and receiving payments as a result of Western sanctions. In July, the European Union banned oil imports from Iran, just after the U.S. enacted tough ...
Sunil Bharti Mittal, Airtel chief and India’s fifth top Forbes billionaire and Indian Commerce Minister Anand Sharma are in a top Indian delegation attending the India-Sri Lanka CEO Forum on August 4 in Colombo, the Ministry of Industry and Commerce said.Others in the delegation are Commerce, Industry and the textile Minister Anand Sharma, Bharti Mittal (Group CEO of Bharti Enterprises), Commer...
A Governance Analysis of Frequency Allocation & TV Rights in Present Sri Lanka Frequency Allocation- A Grand Corruption? Understanding the state capture by Kleptocrats does not require a dedicated study; it is easily recognizable. For the benefit of keen students of governance, let me begin this article with the definition of Kleptocracy: “A form of political and government ...
Everybody looked as if they were something out of Jurassic Park. It was probably the eerie blue lighting. As I perched myself on a chair I whispered softly to my companion on my right that she looked good. She actually did. Despite the awful lighting – perhaps because she had wisely chosen white for her ...
As we approach VESAK I am readying myself to witness first hand the hypocrisy of this nation. Led by the government of Sri Lanka and the totally abhorrent laws concerning alcohol its sale and consumption the public led by those with ecclesiastical authority pay scant regard for the laws of Sri Lanka. On the one ...
The solar energy development will not face any obstruction as it generates energy through sunlight. Being alternative energy source, it is sustainable as well as eco-friendly. An American political activist Ralph Nader writes- 'the use of solar energy has not opened up because the oil industry does not own the sun. 'Yes! if we use the costly diesel generators to tide over long load shedding...
By Faraz Shauketaly The National New Year celebrations – Sinhalese and Tamil New Year – provides an unparalleled opportunity each year to visit friends, relax and simply do nothing. It is also an opportunity to make all the politically correct sound bites and assure anyone and everyone including pedantic outlaws (read in-laws) how very much ...
Sri Lanka’s Nations Trust Bank has launched a promotional campaign in a bid to reward its existing savings account holders. Under the campaign which will be held every quarter of the year, the Bank is planning to offer an array of electrical household appliances for its customers. Customers who maintain a minimum balance of Rs. 5000 continuously ...
“It is unlikely that in making his overstatement on development that the President was seeking to downplay the achievements of the past by his illustrious predecessors in the governance of the country. In the 1950s there was the Gal Oya development scheme that opened up the vast territories of thick jungle land in the east ...
Independent Television Network which has been feted with many Awards is again crowned as the Peoples channel. It has again won the highest number of Awards at the People’s Awards Festival. The Peoples Awards Night was held at Water’s Edge in Battaramulla last night under the patronage of Minister Patalie Champika Ranawaka. This unique event ...
Sri Lanka central bank Governor Ajith Nivard Cabraal, in an interview on Bloomberg Television today, said the central bank raised its repurchase rate a half- percentage point to 7.5 percent and increased the reverse repurchase rate by the same amount to 9 percent.
New Delhi: Indian companies, including Infosys, Taylor Rubber, TVS Group, Bhoruka Power Corporation, Brigade Hospitality Services and ICICI Bank, are heading for Sri Lanka to make strategic investments in the island nation. “A 13-member delegation of business leaders is visiting Sri Lanka on December 12 for exploring opportunities for investments especially technology partnerships, tourism a...
Independent Television Network has again been honoured with the National Business Excellence Award. It is significant to note that Sri Lanka’s Family Channel ITN being honoured with this Award for six consecutive years. The National Business Excellence for Media was received by ITN Chairman Rosmund Senaratne and the Working Director P.G. Dassanayake. The Awards Nite ...
This year’s conference of the Asian and Middle East Regional Stakeholders of the KPMG Audit Firm is being held in Sri Lanka. Chairman of KPMG International Michael Andrew said that a conducive environment prevails in Sri Lanka for the conduct of such a Conference. KPMG is a global network of professional firms providing Audit, Tax ...
‘There is reason for fearing that men and women will be taught that dishonesty, if it can become splendid, will cease to be abominable’- Anthony Trollope in his Autobigraphy (1883) The famous English Novelist, Anthony Trollope wrote the above words after he was disgusted by what he perceived as a decline of ethical values in British public life ...
By Richard Browne Dilshan’s honeymoon as brief as it was is well and truly over. Seemingly hindered by having two superstar ex captains swirling around him, a distinct lack of help off the pitch with a dearth of adequate back room staff and a horrible loss of form on it has turned what the bookies ...
ITN has been highly acclaimed at the Ceylon National Chamber of Industries (CNCI) Achievers Awards 2011 for Industrial Excellence. The Independent Television Network received the Bronze Award in the Service Sector at the Awards Festival organized in Colombo yesterday. ITN General Manager Aruna Wijesinghe accepted the Award. ITN was honoured with this Award for its ...
The much talked about test series between England and India has sadly turned out to be one sided so far. The highly acclaimed Indian batting appears to struggle and have come a cropper in the hands of the English seamers and with two tests played, the margin stands at two nil in favour of the ...
By Ranjit Jayasundera Sensational evidence has come to light that demonstrates beyond a shadow of doubt that in Sri Lanka fortune favours not necessarily the bold but certainly the favoured. Carlton Sports Network (CSN) a company incorporated on 10th February 2011 has won the rights to broadcast the Australian Cricket tour of Sri Lanka next ...
Banks’ Profits Up 111% The banking industry achieved a considerably high level of profits in 2010. Profit after tax amounted to Rs. 57.5 billion last year, a 111% growth in comparison to a Rs. 27.2 billion profit in 2009. The significant growth in profitability was mainly attributed to a higher increase in fee-based income, a ...
The Indian media has reported that the ruling Dravida Munnetra Kazhagam (DMK) party in Tamil Nadu has released a manifesto for the forthcoming state assembly elections, in which the party promises that the Katchathivu island will be retrieved from Sri Lanka. The DMK has reportedly pledged to take measures for protecting the lives of fishermen ...
Dynasties have to start somewhere. For an aspiring Gandhi in India, or a Bhutto in Pakistan, exploiting the family name to get into politics is relatively simple. Getting a dynasty going in the first place is more testing. Sri Lanka’s President since 2005, Mahinda Rajapaksa, is evidently giving the matter some thought. His government is ...
DYNASTIES have to start somewhere. For an aspiring Gandhi in India , or a Bhutto in Pakistan , exploiting the family name to get into politics is relatively simple. Getting a dynasty going in the first place is more testing....
by Darini Rajasingham Senanayake On 4 February, Sri Lanka celebrated its 63rd birthday. After nearly three decades of armed conflict, it is now one of Southasia’s calmest and fastest-growing countries. Its social indicators, apart from the northeast zone, remain the...
by Gamini mWeerakoon Most great cities around the world have public places that have acquired historic sanctity and are left untouched even by eager modernisers who develop an itch to leave behind puny constructions for their immortality. London has those...
Lasantha’s Killers Still Walk Free By Frederica Jansz A year ago, a high profile investigation into the murder of Lasantha Wickrematunge and the attacks on Editors Upali Tennekoon, Keith Noyahr and Namal Perera got underway as senior sleuths attached to the Criminal Investigations Department (CID) and the Terrorist Investigations Department (TID) sifted through a smattering ...
The Central Bank is to take a series of new steps to educate the masses on the importance of maintaining a high standard of cleanliness in the use of currency notes and coin circulation. The Central Bank implements its ‘clean note policy’ under the monetary law for this purpose. Superintendent of Currency of the Central ...
By Malathi De Alwis On 18 May 2009, Sri Lanka officially declared the end of a 30-year civil war fought between. Sri Lankan government forces (GoSL) and Tamil militants, namely the Liberation Tigers of Tamil Elam (LTTE). Such a sea...
by Dr.Dayan Jayatilleka “The contest is never over, the field never quite ours.”- Dave Robicheaux in James Lee Burke, ‘The Tin Roof Blowdown’ (2007) Is it only me, or is not sad that there is no review in the Sri Lankan public space, of the first decade of the 21st century and the new millennium? Should we not be looking back at the road that has been travelled by the world, by our co...