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

The academics are marching. The students are marching. The Muslims are marching. Every day hundreds images of throngs of people shouting slogans and demonstrating blare across television screens, newspapers and of course, the internet. SMS news alerts about road closures and barricades abound as popular discontent rises to the surface through trade union agitation and ...

- 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

A goat’s best friend is Mervyn! The populace has been cruel to him. Ok, to the goat too, but I am talking about a man willing to be incarcerated just to liberate a hapless animal. Thankfully, the President interceded and saved the day for both. The Minister had promised to defy a Court order and ...

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

The ‘Yes-Man’ Parasite, a.k.a. HMV The dictionary definition of a ‘pun’: ‘the clever or humorous use of a word that has more than one meaning, or words that have different meanings but sound the same’. The second word of the headline of today’s column is not exactly a pun, but somewhat akin to one, as ...

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

Playing off India against China and vice versa‘The Great Game’ was the name given to a diplomatic and military tussle between the British and Russian empires during the time of the British Raj in India for influence over what constitutes today’s central Asian states. Commonly known as the ‘Stan states,’ they were located along the ...

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

Poor rainfall throughout Sri Lanka during the past few months has caused a drought unheard of during recent history. Particularly affected Districts are Kurunegala, Puttalam, Anuradhapura, Polonnaruwa, Batticaloa, Ampara, Nuwara Eliya and Badulla. Farmers complain that their crops are being ruined or are on the verge of being ruined. Some villages complain of the shortage ...

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

A solution for loss-making SOEs? In the USA, a new corporate entity referred to as a Benefit Corporation (B-Corp) has been brought into being. The states of Maryland, New Jersey, Virginia, California and Vermont have legislation which permits companies to combine the profit motive with the purpose of making a positive impact on society and ...

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

Peter Kropotkin is a Russian revolutionist who has commented in his book ‘The Conquest of Bread’ what he considers to be the weaknesses of the economic systems of capitalism and how poverty and scarcity thrives on. However, Kropotkin did not believe in the theory of state and is known as an anarchist. The issue of ...

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

By Damien The Secretary to the treasury Dr. P.B Jayasundera recently made statement that the country is wasting the foreign currency on things that can be made in this country. I would like to add to this by stating that as a country we should have clear targets and policies that are aimed at both ...

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

E.A. Dayawathie (56), a year teacher from Matugama recently won the top prize of Rs. 1 million in Seylan Bank’s (February) ‘Thagi Pita Thagi’ draw, becoming the fourth millionaire to date. “I never expected to win the top prize. And yes of course I am very happy,” she says. With 24 years teaching experience, Dayawathie ...

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

Sri Lanka spent Rs. 56 b on above-the-line advertising in 2011 Taking wing to India for meetings is a usual routine for any business leader attached to a multinational in Sri Lanka as most such organisations have their regional offices in India. During a recent visit to India, the hype surrounding IPL – 5th edition ...

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

The need for an integrated program on a war footingIn 2008, eight prizewinning economists were asked to list the type of projects which would do the most good for the most number of poor people, if they had an imaginary $ 75 million to spend. Half of their proposed projects involved nutrition. There has been ...

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

With ending of the Maha season paddy harvesting, newspapers and TV have been highlighting problems encountered by farmers in disposing of their harvest. Due excellent weather, free from drought, flood and disease, farmers have received a bumper crop but the problem is to convert the harvest into cash, in order to settle debts incurred in ...

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

The challenges Sri Lanka has to face in its march towards development are manifold. Although the war has ended the wrong political ideologies, the proposals and timetables it created are still in operation. By Government Information Department Additional Director General Chandrapala Liyanage Similarly, various social activity groups and individuals and organisations operating under the advice ...

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

With the recent relaxing of the rupee exchange rate and subsequent increase in fuel prices, trade unions and the opposition parties are conducting protest campaigns against the Government, demanding a reduction in oil prices and the cost of living. This article investigates the living conditions of citizens in the recent past and present, quality and ...

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

Benito Mussolini, the fascist ruler of Italy, during World War II, said that his brand of fascism ‘should be more appropriately called Corporatism, because it is a merger of state and corporate power’. Compare this with the dictionary definition of capitalism: ‘A system in which a country’s business and industry are controlled and run for ...

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

Sampath Bank with effect from 1 January has got a new Chairman and several new youthful additions to its Board of Directors. The Bank announced on Friday that at a Board of Directors meeting held on 29 December Chairman I.W. Senanayake decided to step down with effect from 31 December. Whilst accepting this decision the ...

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

By Chamitha Kuruppu The Janatha Vimukthi Peramuna claims spending Rs. 265 billion on an 11-day extravaganza is intolerable for an economically ailing country like Sri Lanka. Addressing a media briefing the JVP warned that the aftermath of hosting the 2018 Commonwealth Games would not be rosy as the Rajapaksa administration predicts According to JVP Propaganda ...

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

The courage the Government has demonstrated in cancelling the CATIC deal and yet feeling secure, rather than embarrassed by it, must be recognised. It is a responsible step, a prudent decision, which will have enduring benefit both in terms of national policy and FDI strategy. This step will also earn the respect of the indigenous ...

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