Pariahs of the fourth Estate

Given the deafening silence the local media greeted the news of two death threats received by two editors at this newspaper last week we reached just one conclusion. That The Sunday Leader is seen to be the pariah of the fourth estate – and its editors and staff are easily expendable. It is in the [...]

The piñata in Sri Lankan political discourse

The piñata features prominently in modern Mexican celebrations.  It can take a variety of forms but is, often, a gourd-shaped container made of papier mache and stuffed with a variety of toys and/or other goodies, the nature of which depends on who the primary celebrants of the occasion are or for whose entertainment or delectation [...]

Down Colombo’s Wicked Corners…

By Ranee Mohamed These are places where we seldom dwell. But I had to go. My friend, a doctor, wanted to buy a cow. The search was for merit on behalf of a patient with renal failure. The search was for a cow… And down we drove – to Welisara. The landmark was near a [...]

Kandy: Life In Slow Motion

By Michael Hardy After living in Colombo, a visit to Kandy is like a visit to the 19th century. Everything seems to move slower there — people, cars, waiters, even time itself. It’s a pace of life ideally suited for relaxation: I did more reading in three days there than I have in three weeks [...]

‘Losing GSP+ not an earth shattering disaster’

By Mandana Ismail Abeywickrema The country’s overall growth would be hit by an increase in unemployment and decline in consumption in the event the EU withdraws the Generalized Preference System Plus (GSP+) trade concession to Sri Lanka, economists warned. Sri Lanka has enjoyed the GSP+ concession that granted between 6-7% tariff concessions for Sri Lankan [...]

Snatches of past magic

By Michael Hardy Dabar Adhihetty had a collection of miniature bottles of liquor of which he was mighty pleased — until Lucky Vitarana arrived at the estate bungalow when ‘Dabar’ was doing the field. When ‘Dabar’ arrived Lucky was on the fourth bottle and an alarmed ‘Dabar’ asked, “Lucky, what on earth are you doing? Those [...]

One up for Cinnamon

Sri Lanka’s battle to promote Ceylon Cinnamon over its cheaper substitute Cassia has won a round, because Coumarine, a toxic compound, was found at higher levels in Cassia than in Cinnamon, a researcher told The Sunday Leader on Wednesday. K. R. Dayananda, Senior Research Officer, Industrial Technology Institute, said that Coumarine comprised 5% of the [...]

Deposit rate down 100 b.p.s

Selling pressure due to month end profit taking pushed yields up in sluggish secondary market trading on Friday, market sources told The Sunday Leader. As a result Treasury (T) Bonds of 2013 maturity went up by 10 basis points (b.p.s) to 9.85%; while those of 2014 and 2015 maturities went up by 25 b.p.s. each [...]

Two new products from Union Bank to mark World Thrift Day

In celebration of World Thrift Day on October 31, Union Bank will be promoting two unique savings products; Ultra Saver, which was launched earlier this year and a special account for ladies called Ruwaththi. World Thrift Day is a day devoted to the promotion of savings all over the world. A Union Bank representative speaking [...]

Sri Lanka — The new great game

Sergei DeSilva-Ranasinghe The defeat of the Liberation Tigers of Tamil Eelam in May brought an end to Sri Lanka ’s civil war. But the conflict also shed light on a bitter geopolitical struggle taking place against the backdrop of the declining influence of the West and the emerging influence of India and China. Sergei DeSilva-Ranasinghe [...]

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