Photo courtesy of Daily Sabah As he watched his son’s body being placed in the crematorium, Mohammed Fahim stood outside the cemetery, weeping. “How could I watch my baby being burned,” demanded...

Hambantota is claimed to be an ‘emerging hub’ of various sorts – shipping, aviation, tourism, industrialisation, cultural and international sports of various kinds. An unfortunate feature appears to be that in recent years it is emerging to be an epicentre of domestic political crime. A harbinger to this regrettable development was on the eve of ...

By Faraz Shauketaly For over thirty years – most everything in Sri Lanka was blamed on the ‘war’. If you were polite it was the ‘security situation’. People late for appointments always had an excuse, ‘the checkpoints’, the Army took so long to check my ID and the Police took even longer at the next ...

Sri Lanka will have to tackle its inflation problem if it wants to attract foreign direct investments (FDI), IMF’s Deputy Managing Director (DMD) Naoyuki Shinohara told this reporter in an interview at Washington, DC on Sunday. He however said that the island’s macroeconomic outlook was looking good, with inflation coming down, coupled with the institution ...

The exchange rate (ER) last week had the dubious distinction of making a steep dive to hit Rs. 130 by being depreciated by nearly Rs. 5 against the US dollar ($) in a week in interbank trading on the back of import demand, but since then has seemingly been tenuously holding on to those levels ...

By Sulochana Ramiah Mohan Tour operators who had made reservations for inbound tourists prior to the hike in fuel and power rates will not be able to adjust their costs, and instead will have to bear the operational costs in the coming months, said sources from the tourism sector. “Local operators will have to work without expected profits as these tours are planned some months in advance,” said ...

A VIP entourage coupled with the police closing the “cut across” entrance to Cinnamon Grand from Galle Road when travelling towards the Galle Face direction (ie the “cut across” from Galle Road seaside to landside and then to the Hotel)-which is now usually kept opened after the terrorist war end, delayed this reporter from covering ...

By Lakshman Indranath Keerthisinghe - Attorney-at-Law After checking in to Chaya Blue Resort, from our balcony, we watched the glorious sight of the scarlet sun accompanied by a blanket of streaks of orange clouds setting over the distant yellowish horizon as the blue waters of the lovely Indian Ocean lapped on the golden beaches of ...

Sri Lanka has decided to keep its key policy rates unchanged despite the Bank’s expectation of further slowing down of inflation during the rest of the year. Accordingly, the Central Bank will maintain its Repurchase Rate and the Reverse Repurchase rate respectively at 7.00 per cent and 8.50 per cent, while the SRR will be at ...

BRASILIA, March 7 (BERNAMA-NNN-PRENSA LATINA) -- Brazil and Sri Lanka have discussed important aspects of their bilateral links chiefly technical cooperation in agriculture, bio-fuel, and tourism.

By Abdul H. Azeez – Photos by Lalith Perera The smoky haze that seems to have taken up residence over the tarmac of the Ratmalana Airport slowly dissipates as the little nine seater I am sitting in leaves the ground. Our pilot had to keep the engine running in order to get the AC working ...

By Lewie Diasz* Marketing’s forefathers Theodore Levitt and Phillip Kotler defined marketing in an era where baby boomers and generation X prevailed and marketing has evolved ever since and the evolution can be classified into different eras. The evolution begins from a hunter-gatherer orientation to agriculture orientation and then the early 1900s where demand exceeded ...

By Ashwin Hemmathagama Skyline Aviation (Pvt) Ltd. Flying Training Academy was established in April 2006 by a group of entrepreneurs and professional aviators who had a passion for flying. The main aim of the company was to infuse that same passion into new recruits, and training them to become professional and world-class pilots. Following are ...

Plans are underway to import fuel and gas directly from Oman. The agreement on the purchase of oil was reached during a meeting between the Omani President in Sri Lanka Ali Almani and Minister Susil Premajayantha. The meeting took place at the Ministry of Petroleum Industries. Attention was drawn at this meeting to further strengthening ...

By K. Ratnayake Sri Lankan President Mahinda Rajapakse’s trip to New York and speech at the UN General Assembly last week had two main purposes: to cover up for war crimes committed during the country’s civil war and to appeal...

The Government has stressed that this budget is essential for the development of the country that has been liberated. Minister Dinesh Gunawardena opening the budget debate this morning on behalf of the Government said the North and East are now being added as areas that contribute to the national economy. Sri Lanka is no longer ...

By Faraz Shauketaly Minister of Fisheries, Dr. Rajitha Senaratne is a colourful politician who made a name for himself with his powerful oratory and performances in public agitation platforms. He played a key role in the crossover phenomenon when a large number of UNP members crossed over and joined President Rajapaksa. Recently appointed as Minister ...