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293 results found in 1922 ms
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Amidst tumbling value in the Colombo bourse, the Government’s Revival Bill suffered a fresh blow when rating agency Moody’s yesterday warned of investor uncertainty and negative impact whilst a fresh Fundamental Rights case was filed against new legislation. Triple adverse developments or reactions were despite the Government remaining hell bent in its continued justification of ...
Rajapaksa Family already planning more land grabbing Kleptocrat: A ruler who uses power to steal the country’s resources. Oxford Dictionary By Tisaranee Gunasekara Mindless-extravagance; land-grabbing; media-muzzling: the three Rajapaksa preoccupations are intimately interconnected. The Ruling Siblings need money to strengthen their power and to sustain their voracious appetite for exhibitionism, ...
Real estate and property development group Overseas Realty (Ceylon) PLC is consolidating its post war growth momentum as reflected in the nine months results released to the Colombo Stock Exchange. The Group recorded revenue of Rs. 1,657 m and net profit of Rs. 440 m, which is an increase of 42% and 77% respectively over ...
The 17th SAARC summit ended on Friday with the adoption of a 20-point ‘Addu Declaration’ to forge effective cooperation among the member states in a host of areas including economy, connectivity, climate change and food security. The Addu Declaration was adopted at the concluding
The policy changes, reforms and modernisation since Budget 2011 appears to have been the context of a presentation made to the Joint Apparel Association Forum in July 2011 by the “leading light” in finance, planning, treasury management and economic development. Sri Lanka background 2000-’10 The presentation articulates the background issues experienced from 2000 to 2010. ...
Last week I received an invite for an ‘Inventors Day Celebration’ in one of the leading schools in the country and the master in charge shared a thought that I felt was a cutting edge idea. Apparently, every one of us is an inventor in some part of our daily life. The issue is that ...
The gem mining sub-sector grew by 7.9% in 2010. The gem and jewellery exports too reported 1.56% positive growth in 2010. Even in the first-half of 2011, increased earnings from mineral exports were led by higher exports of gems which increased by 35.5% in the first half of 2011, according to the Central Bank. The ...
Exponential 575% rise in comparison to FY2010’s figure of Rs. 155 m; Posts Rs. 829 m net profit attributable to equity holders; Turnover more than doubles to Rs. 10.6 b FY2012 1Q revenue up 162% to Rs. 4.4 b; after tax profit up 257% to Rs. 368 m Assets worth Rs. 34.3 b, up from ...
President’s Secretary Lalith Weeratunga delivered the keynote address as the Guest of Honour at the FutureGov Forum Sri Lanka 2011 in Colombo recently. Addressing the gathering, he asserted that it was the President’s leadership that led to the great achievements recorded by the ICT Agency of Sri Lanka even under the trying circumstances of wartime. ...
Our ‘poli-socionomic’ dialogue You will recall that like Capt. Kirk in his Star Ship-Enterprise,’ we also ventured into new territory with our first discussions under this theme ‘poli-socionomics,’ which appears to have caught on somewhat; thus, on behalf of those of us who still dare to think, I must thank those editors who carried it. ...
by Stewart Bell BANGKOK — In the office of Thailand’s Anti Human Trafficking Division, Colonel Panya Pinsook flips through photos of engine parts, sacks of food, plastic oil drums -and the Canadians caught with the cache of supplies. A cellphone...
"Economic prosperity and development are necessary, but not sufficient, conditions for lasting peace and healing in Sri Lanka" Remarks by Robert O. Blake, Jr. Assistant Secretary, Bureau of South and Central Asian Affairs at Asia Society Event, New York, NY,...
by Darini Rajasingham Senanayake On 4 February, Sri Lanka celebrated its 63rd birthday. After nearly three decades of armed conflict, it is now one of Southasia’s calmest and fastest-growing countries. Its social indicators, apart from the northeast zone, remain the...
by Ranga Jayasuriya Some key positions of this government have been filled by dual citizens. Gotabaya Rajapaksa - the powerful Defence Secretary is a dual citizen of Sri Lanka and the USA. Basil Rajapaksa - Investment Development Minister has a US Green Card in addition to his Sri Lankan citizenship. Sarath Fonseka, the now incarcerated former army commander is also a Green Card holder. ...
By Mangala Samaraweera, M.P. It is with great alarm that the peace loving people of the civilised world witness the despotic regime of Muammar Gaddafi killing his own people, using heavy weapons and even fighter aircraft to bomb civilian targets...
by Prof. G.L.Peiris (Keynote Address delivered by External Affairs Minister Professor G L Peiris, at the symposium organized jointly by the Centre for Security Analysis, Chennai and the Regional Centre for Strategic Studies, Sri Lanka in Colombo on October 26,...
By Ravinatha Pandukabhaya Aryasinha Ananda College Old Boys' Association Olcott Oration 2010...
by Rick Westhead Toronto Star, South Asia Bureau TRINCOMALEE, SRI LANKA—The weathered wooden bench that serves as an open-air confessional booth at Our Lady of Guadalupe Catholic Church doesn’t enjoy much down time nowadays. It’s not that more people are...
WARS can still be won, even against formidable terrorist organisations. And Sri Lanka shows how. That is the core message of the country's security supremo, Defence Secretary Gotabaya Rajapaksa in a rare interview with The Australian: by Rowan Callick His...
Winning the Peace by Ross Tuttle After 30 years of war, Sri Lanka's Tamil community is finally connected again with the outside world. But life under occupation has its own tensions -- and renewed conflict is always a possibility. JAFFNA,...
by Surendra H.E. President Mahinda Rajapakse has pledged to develop Sri Lanka as the new miracle of Asia. Since this project concerns our collective destiny as a country, we should subject this project to a surgical analysis. Is this a...
by Mel Gunasekara MANKULAM, Sri Lanka (AFP) – In a wooden shelter in north Sri Lanka a soldier has swapped his gun for a pair of scissors, trimming hair and beards of civilians who now travel through what was a...
Interview with Ms. Tamara Kunanayakam, Ambassador of Sri Lanka to Cuba Amb. Tamara Kunanayakam 1. You are Sri Lanka’s Ambassador to Cuba. What brought you to Caracas? Our attention was drawn to the active presence in Caracas of a delegation...