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- www.ft.lk - Category : Business - Relavancy : 1.0

The Silvas are at it again. A week dominated by news of political brats on the rampage once more, this time directing their rage at an Army Major, ended with the soldier recanting his story and the two main suspects in remand being transferred to prison hospital on “medical” advice. The whole incident smacked of ...

- www.ft.lk - Category : Business - Relavancy : 1.0

Commendable achievements Over the years Sri Lanka has gained a considerable reputation for its achievements in social development. It punches above its weight on the UNDP’s Human Development Index. It has also performed very well in meeting the internationally agreed Millennium Development Goals (MDGs), which focus on indicators related to poverty, health, education and gender ...

- www.ft.lk - Category : Business - Relavancy : 1.0

It is with great sacrifices that Sri Lanka brought about a victory against ruthless terrorism, which is certainly a feather in the cap of Rajapaksa family. No one can dispute the fact that President Rajapaksa provided the political leadership and ensured that the LTTE was decimated at any cost. The Tamil diaspora and the pro-separatist ...

- www.ft.lk - Category : Business - Relavancy : 1.0

Non-Americans generally have a patronising, derisive view of American politics. That also applies to this presidential election campaign. Trivia, mud-slinging, bitter partisanship, extremism (particularly among Republicans) and Washington gridlock crowd out sensible debate, reasonable compromise and hard policy choices. That, at least, is the conventional wisdom. But it is wrong in one major respe...

- www.ft.lk - Category : Business - Relavancy : 1.0

By Shanuka Tissera Newly appointed US Ambassador Michele Sison has called on the Sri Lankan private sector to promote entrepreneurship to galvanise partnerships with US companies and foster post-war economic growth.   Delivering her first speech since her appointment at the 20th anniversary celebrations of the American Chamber of Commerce (AMCHAM), Sison was insistent that ...

- www.ft.lk - Category : Business - Relavancy : 1.0

In yet another initiative towards a greener tomorrow, the Cinnamon Grand Sustainability Division held an energy savings seminar for the hotel’s employees from departments which deal with heavy electricity usage. The Green Forum, aimed at spreading environmental wisdom for a greener future, focused onelectricity preservation, at home and work. Hence, the interactive seminar was one ...

- www.ft.lk - Category : Business - Relavancy : 1.0

I wonder if you can remember the famous World Cup Soccer final some years back where the fourth referee intervened after the great Zinedine Zidane head-butted Italian defender Marco Materazzi in the World Cup final. It would have perhaps gone unnoticed if not the TV referral. In my view, if this had gone unnoticed, it ...

- www.ft.lk - Category : Business - Relavancy : 1.0

The Government has gazetted a Bill, on 27 July 2012, to set up a Divi Neguma Department, which will take over the existing Samurdhi Authority, the Southern Development Authority and the Udarata Development Authority (successor to the Kandyan Peasantry Commission). The Bill will also set up a Divi Neguma Community Based Organisation, Divi Neguma Community ...

- www.ft.lk - Category : Business - Relavancy : 1.0

NEW YORK (Reuters): Comparing the Federal Reserve to a rehab clinic offering addicted investors a synthetic high has been a favorite of Wall Street wags ever since the first round of Fed stimulus nearly four years ago. The punch line is that you always need more and more to get the same high and each ...

- www.ft.lk - Category : Business - Relavancy : 1.0

MP Mangala Samaraweera yesterday in a statement has jeered the recent rebound in the Colombo stock market as well as the appointment of the new Chairman at the Securities and Exchange Commission (SEC), in addition to being highly critical of the so-called mafia of investors. Following is the full text of Samaraweera’s statement: In an ...

- www.ft.lk - Category : Business - Relavancy : 1.0

The new US Ambassador Michele J. Sison presented her credentials as Ambassador to the Democratic Socialist Republic of Sri Lanka yesterday to President Mahinda Rajapaksa.    Ambassador Sison is a career member of the United States Senior Foreign Service, Class of Minister-Counselor. Michele J. Sison, a career member of the U.S. Senior Foreign Service, was ...

- www.ft.lk - Category : Business - Relavancy : 1.0

Speaker of Lok Sabha, the Lower House of the Parliament of India, Meira Kumar called on President Mahinda Rajapaksa on Thursday at Temple Trees. The Speaker was accompanied by Prof. P.J. Kurien, Deputy Chairman, Rajya Sabha, Ashok K. Kantha, High Commissioner of India, and T.K. Viswanathan, Secretary General, Lok Sabha. The meeting was held in ...

- www.ft.lk - Category : Business - Relavancy : 1.0

The place isn’t a paradise for minorities but the economy is recovering By Sam Baker Asuasentinel.com: The Government of Mahinda Rajapaksa in Sri Lanka has probably botched its dealings with the United States, the European Union and the United Nations. Still, the disenchantment with Colombo may be overblown three years after the end of the ...

- www.ft.lk - Category : Business - Relavancy : 1.0

By Saman Gunadasa World Socialist Web Site: A scandal over the manipulation of shares on the Colombo Stock Exchange has erupted in recent weeks, after former Sri Lankan Securities Exchange Commission (SEC) Chairman Thilak Karunaratne accused Government ministers of acting in league with speculators. Karunaratne was pressured by President Mahinda Rajapaksa to quit his position, ...

- www.ft.lk - Category : Business - Relavancy : 1.0

Adlai Stevenson once said that “public confidence in the integrity of the government is indispensable to faith in democracy; and when we lose faith in the system, we have lost faith in everything we fight and spend for”. Public integrity is one of the salient features of a democratic system of governance, where every action ...

- www.ft.lk - Category : Business - Relavancy : 1.0

UNP MP Karu Jayasuriya yesterday said that the results of the elections for three Provincial Councils last week confirm that a large number of people do not approve the Government and the path it has taken with many burning issues unresolved. Following is the full text of the statement issued by Jayasuriya: The Provincial Council ...

- www.ft.lk - Category : Business - Relavancy : 1.0

It was well past the graveyard shift, but I had to get to Minister Mervyn Silva. Evil-doers had cast a fiendish spell and he had just promulgated his impending suicide. His has been a monumental crusade for the oppressed, goats including. I raced towards Kelaniya. Just then the phone rang. His young son Malaka had, ...

- www.ft.lk - Category : Business - Relavancy : 1.0

The global escalation of commodity prices in the latter part of last decade impacted Sri Lanka’s rice market, with retail prices showing sharp increases for the consumer. The regulatory forces with a ceiling on consumer prices and guaranteed price for paddy did alleviate this problem to some extent. Today it has taken a different turn ...

- www.ft.lk - Category : Business - Relavancy : 1.0

The Government, which is juggling several internationally important events at the moment, will have one more ball to deal with as the United Nations Review Team arrives today for what promises to be an interesting tour.  The team, which will consist of officials from India, Spain and Benin, will evaluate Sri Lanka’s post-war reconciliation progress ...

- www.ft.lk - Category : Business - Relavancy : 1.0

The new Ambassador of the United States to Sri Lanka and Maldives Michele Sison, who arrived in Colombo last weekend has met with Minister of External Affairs Prof. G.L. Peiris at the Ministry on Monday. The Ambassador-designate and the Minister have discussed political and economic developments in the island since the end of the conflict, ...

- www.ft.lk - Category : Business - Relavancy : 1.0

On Friday (7) afternoon, the eve of provincial council elections in three provinces, a certain gathering took place at 101, Rosmead Place, which houses the corporate offices of Democratic National Alliance (DNA) National List Parliamentarian, Tiran Alles. Consultations that lasted for hours, took place between Alles and UNP Deputy Leader Sajith Premadasa and a few ...

- www.ft.lk - Category : Business - Relavancy : 1.0

The social media network Twitter erupted on Monday after several people tweeted that a cartoon in a Sri Lankan weekend newspaper depicting Indian Premier Manmohan Singh and Tamil Nadu Chief Minister Jayalalitha Jayaram in a crude way was demeaning to women and an insult to India. As is apt to happen on Twitter, the issue ...

- www.ft.lk - Category : Business - Relavancy : 1.0

THE Government’s move to use the Labour Commissioner to arbitrate for a solution to the academics strike ended in yet another dead end, prompting questions of whether the Government is prepared to take a serious step to solve the crisis. The offer was rejected for two reasons. One is that the academics insist their grievance ...

- www.ft.lk - Category : Business - Relavancy : 1.0

Trinidadexpress.com: UNABLE to convince the International Cricket Council (ICC) to provide an exclusive window for the Indian Premier League (IPL), the West Indies Cricket Board (WICB) and Sri Lanka Cricket (SLC) have decided to do it on their own. As their leading players are likely to be engaged in next year’s sixth IPL season of ...

- www.ft.lk - Category : Business - Relavancy : 1.0

It is unfortunate that today many impressions of Sri Lanka in foreign countries are based on unverified facts, and wrong or deliberately manipulated disinformation, carried out by those who once supported the forces of terror. These same elements continue to sow the seeds of division and separatism through various media, and also influence politicians in ...

- www.ft.lk - Category : Business - Relavancy : 1.0

By Shanuka Tissera Amendments to the Petroleum Products (Special Provisions) Act have been finalised and approved by the Attorney General. It is expected that both bills will be presented to Parliament shortly for enactment. Pending the enactment of new legislations, the Cabinet of Ministers has appointed the Public Utilities Commission of Sri Lanka (PUCSL) as ...

- www.ft.lk - Category : Business - Relavancy : 1.0

Conducts training for top military officers from 28 nations in Singapore Following an invitation from the United States Pacific Command (USPACOM), CICRA Consultancies, the premier cyber security training and consultancy company in Sri Lanka, participated in ‘Cyber Endeavour’ Program of the USPACOM held recently in Singapore. CICRA also conducted a full day training session on ...

- www.ft.lk - Category : Business - Relavancy : 1.0

PC Polls: A new record in annals of polls “These Provincial Councils elections, which enters the annals of electoral history as the tenth successive election won under my leadership since 2005, have served as a test of national opinion that brought out a wide and clear expression of the thinking among the Sinhala, Tamil and ...

- www.ft.lk - Category : Business - Relavancy : 1.0

Ceylinco Insurance, Sri Lanka’s leading Insurer, has been honoured with the invitation to represent Sri Lanka on the Executive Board of the prestigious Association of Insurers and Reinsurers of Developing Countries (AIRDC). The Executive Board of AIRDC constitutes of 15 representatives of full member nations.      The Association of Insurers and Reinsurers of Developing C...

- www.ft.lk - Category : Business - Relavancy : 1.0

The first Prime Minister of independent India, Pandit Jawaharlal Nehru, wrote 75 years ago: “It would be absurd to say that the profit motive does not appeal to the average Indian, but it is nevertheless true that there is no such admiration for it in India as there is in the west. The possessor of ...

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