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ESPNCricinfo: Former ICC Chief Executive Haroon Lorgat’s role as special advisor to the SLC will include an independent review of its governance and recommendations to the heavily indebted board on financial management, SLC Secretary Nishantha Ranatunga has said. All recommendations made by Lorgat in his three-month tenure will then be made public. He will also ...
It is reported that the European Commission has requested approval from its 27 members to commence negotiations with Japan for a Free Trade Agreement (FTA). The once all powerful bloc, which is now having to cope with many a crisis, has sought this agreement as part of a broader effort to boost growth and jobs ...
At Tuesday’s meeting Finance Ministry Secy. reiterates united effort by all to revive Colombo Bourse To appoint all stakeholders-comprised Consultative Committee for regular dialogue and consensus Credit rule to be revised to boost retail participation; fresh support to brokers in the offing, among other measures Meeting with top listed blue chips to be convened next ...
President Mahinda Rajapaksa yesterday described regular elections as being key to test the people’s opinion, adding that they epitomise a vibrant democracy. He made this observation in response to a question during the breakfast meeting with Editors on whether the three upcoming PC elections were unnecessary. “I am for elections because it gives an opportunity ...
The resettlement of IDPs in the North will be accomplished 100 per cent by mid-August this year and all welfare camps in the North will be shut down, Defence and Urban Development Ministry Secretary Gotabhaya Rajapaksa said. Speaking after opening the Army reconstructed two storied orphanage ‘Blessed Virgin’s Children’s Home’ at Kaththankulam, Mannar on Saturday, ...
I still remember the day when the brand Rishad Bathiudeen called me from Temple Trees saying that he had been made the Minister of Industry and Commerce and the challenge he had in his hand. My first thoughts to him were that this was going to be the birth of a strong brand in Sri ...
Reuters: Over the past couple of years, Europe has muddled through a long series of crunch moments in its debt crisis, but this September is shaping up as a “make-or-break” month as policymakers run desperately short of options to save the common currency. Reuters: Over the past couple of years, Europe has muddled through a ...
Sri Lanka Freedom Party (SLFP), the mains constituent party of the ruling alliance has cancelled, with immediate effect, the party membership and posts of all local government representatives who are accused of sexual abuses or other crimes. As recommended by the party General Secretary, Minister Maithripala Sirisena and sanctioned by the General Secretary of ruling ...
The Law and Society Trust (LST) in a statement condemned the mob attack on the Mannar court house, allegedly at the instigation of a Cabinet Minister over a disputed ruling, as well as (reportedly) threatening phone calls to the Mannar Magistrate cum District Judge from the same member of the Government. An attack on a ...
Five teenage schoolchildren from Sri Lanka who had lost a family member to an act of terrorism attended this year’s ‘Project Common Bond’, a weeklong peace building and conflict resolution program held in the US. The program was organised by Tuesday’s Children, a New York based non-profit organisation serving the needs of those affected by ...
THE Lessons Learnt and Reconciliation Commission (LLRC) was the most important post-war step taken by the Government to foster reconciliation and sustainable peace. Since it was released in November of last year, the public as well as the international community have awaited the Government’s steps to implement its recommendations. It would not be exaggeration to ...
by Sarath De Alwis The crisis is not in our system of higher education. The crisis is in not knowing what higher education is. Arrogance of presumed superior knowledge of the policy makers and dogmatism of the teachers has precipitated a debate that reflects a pedantry of crisis proportions. We do not seem to have ...
IRIN: Enhancing practical efforts to uphold the language rights of millions of ethnic Tamil-speaking Sri Lankans could play a key role in the country’s long-term peace and reconciliation, say analysts and activists. “Language parity is one of the biggest challenges to Sri Lanka’s peace and reconciliation efforts, and indeed its future. Without it, I doubt ...
The 75th regatta in a 114 year history of rowing between the Madras and Colombo Rowing clubs was held in Chennai on the Adayar River last week. Lead by the captain Maheel Gamage over 33 members representing the Colombo Rowing Club (CRC) in the Men’s and Women’s events traveled to Madras on 18 July 2012 ...
The standoff between law authorities and politicians has reached a new high with the order for Industry and Commerce Minister Rishad Bathiudeen to appear before court on charges of threatening a judge in Mannar. There are several points that need to be considered in this instance and while the incident is played out in the ...
Politically-motivated violence or a riot is a form of civil disorder characterised often by what is thought of as disorganised groups lashing out in a sudden and intense rash of violence against authority, property or people. A riot could also be due to a perceived grievance or out of dissent. Political violence was seen in ...
By Uditha Jayasinghe After several weeks of suspense the Government yesterday released the much anticipated Action Plan for implementing the Lessons Learnt and Reconciliation Commission (LLRC) report but warned that budgetary allocations could see most steps postponed till next year. External Affairs Minister Prof. G.L. Peiris told media that the Government has taken efficient steps ...
By Hamid Mahmood Aid is part and parcel of the development package in South Asia. The book titled ‘Foreign Aid in South Asia: Emerging Scenario; offers insights into the role of foreign aid in South Asia’s development. It covers the chronology of aid development and provides a detailed examination of South Asian countries’ adaptation to ...
‘Apata Galapena Arthika Kramaveda’, a Sinhala economic article collection book by Dr. Rohan Samarajiva, expert on infrastructure policies and C.J. Amaratunga, veteran journalist, will be launched at 4p.m. on 6 August, at the auditorium of the Bandaranayaka Institute of International studies. The book is analysing how the theories relevant to infrastructure sectors such as roads, ...
The Foreign Minister of Pakistan Hina Rabbani Khar will be visiting Sri Lanka from 1st to 3rd August, 2012, at the invitation of Sri Lankan Foreign Minister Prof. G.L. Peiris. During her three day visit, Hina Rabbani Khar will call on the President of the Socialist Republic of Sri Lanka, Mahinda Rajapaksa and will also ...
Janaka Walisundera, an international business management professional has been appointed as the Chief Executive Officer of UB Finance Company recently. UB Finance, which was formed with the acquisition of The Finance & Guarantee Co Ltd by Sri Lanka’s premier financial institution, Union Bank of Colombo PLC and its international strategic investment partner ShoreCap II Ltd., ...
Secretary to the Prime Minister Amarasekera, Secretary to the Ministry of Defence and Urban Development Gotabhaya Rajapaksa, Secretary to the Ministry of Telecommunication and IT Gunasekera, other Ministry Secretaries, ICTA Chairman Professor Epasinghe, FutureGov Asia Managing Director Mohit Sagar, officers and representatives of the sponsors of this conference, Government delegates from our neigh...
Although the Doha Round negotiations have not shown any forward movement, a joint statement issued in early July, indicates movement in services negotiations. According to the statement, some members of WTO have got together to kick start negotiations on an agreement to liberalise trade in services. Current participants are Australia, Canada, Columbia, Costa Rica, the ...
This is a day quite dear to some 300 million plus people in United States of America. Irrespective of their land of origin, the day is celebrated as the day of independence commemorating the adoption of the Declaration of Independence and the Founding Fathers remembered. The fourth of July this year is also important for ...
With the opening dates of terminals in the Colombo South Harbour Project in Sri Lanka and Deep Water Container Port in Pakistan now set as 2013 and 2014 respectively, port development in the South Asian region is about to enter another era. When completed, the new deep sea ports in Karachi and Colombo will have ...
Sri Lanka needs a new wave of reform to avert a possible balance of payment (BoP) crisis, stressed Ceylon Chamber of Commerce Chairman Susantha Ratnayake.
Tourism industry official cum professional Dileep Mudadeniya in his personal capacity has released a book on Sri Lanka’s hosting of the International Indian Film Academy Awards (IIFA) in 2010. Titled ‘IIFA: The Other Side,’ the book in Sinhala, Dileep’s first, recaps the efforts which went in to it, the challenges faced and its success, in ...
Renews call for Select Committee to probe shady deals; wants EPF investments in stocks halted Blasts President-Bourse forum Says CSE Board must be dissolved Akin to firing all cylinders, Opposition Leader Ranil Wickremesinghe has blasted President Mahinda Rajapaksa’s forum with capital market stakeholders and renewed the call for the appointment of a Parliamentary Select Committee ...
British HC commends Sri Lanka for progress made over the years By Cheranka Mendis Ceylon Chamber of Commerce Chairman Susantha Ratnayake yesterday called for a new wave of reforms if the country were to come out of current shocks quickly with the least amount of pain. In his address at the chamber’s 173rd Annual General Meeting, ...
Following is the part one of the Daily FT article featuring the Acuity Stockbrokers Research on Economy and Strategy titled “Lion Leads Frontier” launched last week. Better than the rest General frontier market risks remain pertinent to Sri Lanka Investors in frontier markets are well aware of the risk-return tradeoff intrinsic to these markets. Low ...