The Sunday Leader

Politics and Language in Sri Lanka

George Orwell, in his famous essay, ‘Politics and the English Language’ (1946) noted, inter alia, the following: “In our time, political speech and writing are largely the defence of the indefensible.” Poor villages are bombarded from the air and the inhabitants driven out: this is called “pacification.”  Peasants are “robbed of their farms and sent [...]

2 World Awards For ICTA

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Sri Lanka won two international technology awards initiated by Information and Communication Technology Agency of Sri Lanka (ICTA) at the “World Summit Award (WSA) 09 Winners’ Gala, WSA Winners’ Conference and Exhibition” that was held in Mexico recently. In the picture are ICTA Chief Operating Officer Reshan Dewapura (second from right) handing over the award [...]

20% + Youth Unemployment

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Recession is bottoming out, but recovery will be slow, an economist said. Ceylon Chamber of Commerce Chairman Dr. Anura Ekanayake speaking at a function in Colombo on Tuesday said if the country, despite a war could achieve a 5% average growth, there should be no difficulty in achieving a 6-8% growth in the post war [...]

Wider Effects Of G.S.P. +

One of the country’s oldest engineering firms has allegedly seen a 75% contraction in business due to the recession and uncertainty over the future of the G.S.P. + facility. Browns Engineering Services which apparently makes a Rs. 100 million annual turnover by servicing mainly the garment industry, has allegedly seen it fall to Rs. 20 [...]

Galleon Exits

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Galleon Master Fund sold the 29% stake it had in Ceylon Leather Products at Friday’s trading, market sources told The Sunday Leader. This fund is controlled by controversial international fund manager Raj Rajaratnam, a dual U.S.-Sri Lanka citizen, who is being investigated by U.S. authorities for alleged insider trading. This deal was valued at Rs. [...]

Insurers Hit By Flood Claims

Insurance companies have been hit by a spate of flood claims after last Wednesday’s rains, said to be the highest that Colombo has experienced after four years, with some insurance companies having had received individual claims amounting to as high as Rs. 25 million each. Janashakthi Insurance Managing Director Prakash Schaffter said that they had [...]

Lending rates

If average annual inflation is in the 6% region, then interest rates should be between 2-3% higher, an economist said. Ceylon Chamber of Commerce Chairman Dr. Anura Ekanayake was responding to a question in regard to administered lending rates at a function in Colombo on Tuesday. He however said that the mismatch between lending rates [...]

Best Out Of 20,000 Global Entries

In the backdrop of glowing tributes being paid to President Mahinda Rajapaksa these days on the achievements of the past four years of the Presidency, the President accepted yet another symbol of his achievements. This was when he accepted trophies of two World Summit Awards that were presented to him last week. The awards were [...]

Discrimination

Every citizen of this island, whether he or she is living in the North, South, East, West or in the Central parts of the country are equal and have to be treated equally before the law. And this right is guaranteed by the Constitution. One section of the citizens of this country cannot be subjected [...]

Fonseka Will Do Things Differently

With military dictators in the region ending up as failures, General Sarath Fonseka, the Opposition’s common candidate to face President Mahinda Rajapaksa in the January 26 poll, however said that he would do things differently. His was a reply to a question this reporter asked him on Tuesday, that military leaders from this part of [...]

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