… USD 5 mn paid to Iran a month By Shamindra Ferdinando Power and Energy Minister Kanchana Wijesekera has confirmed that consumers of petrol and diesel have been made to pay Rs. 50 to Rs. 55 per litre since the middle of last year to settle what the Ceylon Petroleum Corporation (CPC) owed its creditors. […]

… admits CEB-owned hydropower plant benefited from Samanalawewa leak By Shamindra Ferdinando Power and Energy Minister Kanchana Wijesekera has disclosed that cash-strapped Ceylon Electricity Board (CEB) arranged for bank loans to its employees at government’s expense. The SLPPer said that of the 15%-16% interest, the CEB paid 2/3 whereas the workers paid the balance. Minister […]

ECONOMYNEXT –Central Bank Governor Nandalal Weerasinghe urged the public to become informants to broaden the tax net and thus reduce both overall direct and indirect taxes. The government has raised Value Added Tax (VAT), an indirect tax to 18 percent from 15 percent with effect from January 1. The move also will see some VAT […]

I write about the The Crown which depicted in six seasons and 60 episodes the reign of Queen Elizabeth II. The historical television series was written by Peter Morgan and produced by Left Bank Pictures and Sony Pictures Television for Netflix. Morgan developed the Crown series from his film The Queen (2006) and stage play […]

Today, the collective misery we experience as a society has nothing positive to show for the promotion of the so-called ‘positive thinking’, which encourages us to rise individually, and not collectively as people. Positive thinkers, who are dime a dozen, flourish in market-oriented, consumerist societies where ill-mannered rulers and their business cronies feed on millions […]