The Sunday Leader

Corruption Perception, S.L. 97th out of 180

Sri Lanka stands 97th out of 180 in Transparency International’s Corruption Perception Index (C.P.I.). Sri Lanka’s ranking last year was 93. C.P.I. ranks countries/territories in terms of the degree to which corruption is perceived to exist among public officials and politicians. Country scores are indicated on a scale of 0 to 10, with 0 being [...]

Registrations still on

Registration of mobile telephones despite the war end is still on. Priyantha Kariyapperuma, Director General, Telecommunications Regulatory Commission (T.R.C.)told reporters on Wednesday that this security measure was even even being practised by other countries such as India. it also makes it mandatory for each mobile phone to have an International Mobile Subscriber Equipment Identity (I.M.I.). [...]

Ready to take-off

Nation Lanka Finance PLC (N.L.F.P.) has strategically repositioned itself with its new Chairman N.B.S.B. Balalle and new entrants to the board M/s. Chandra Sahabandu and Neville Piyadigama and the company is gearing up to compete harder and expand rapidly in today’s financial marketplace. Speaking to The Sunday Leader in an exclusive interview about the company’s [...]

H.D.R. Perera — Man In Flight

By Sharm de Alwis Although boxing was his favourite sport it was in athletics that H.D.R. Perera achieved a semblance of perfection. Hop-step-and jump which is now termed ‘the triple jump’ was his pet event and when he was airborne he presented a wonderful sight of  man in flight. He held the Mercantile title on [...]

Engineering degrees

Colombo International Nautical and Engineering College’s (CINEC’s) Engineering Sciences  Faculty provides candidates opportunities to obtain Bachelor of Engineering degrees from Wolverhampton,University U.K (W.U.)or University of Tasmania University, Australia (UTAS). W.U. offers five BEng. degree programmes that could be completed at CINEC. They are Bachelor of Engineering (Hons) in Electronics and Communications Engineering, Mechatronics, Mechanical Engineering, Engineering [...]

Broadband charges

With Sri Lanka’s per capita income now reaching U.S.$ 2,000; consumers will only need to adjust their consumption patterns to enable them to pay for telecoms services, an official said. Priyantha Kariyapperuma, Director General, Telecommunications Regulatory Commission said this in reply to a question raied by this reporter that villagers are even finding it difficult [...]

Bargaining

Collective bargaining only looked at equity issues from the point of view of labour, an official said. Employers Federation of Ceylon (E.F.C.) Director General Ravi Peiris speaking at a function in Colombo recently said that some of the features of collective bargaining were equal increases to all irrespective of performance; division of enterprise profit with [...]

Four Years Of Broken Promises

By Thangarani Velaythan The time has come the walrus said “to talk of many things. Of shoes and ships and sealing wax, of cabbages and kings.” These words come to mind when looking at the situation we are faced with today. We, the Alice’s of today and our male counterparts are bewildered in Wonderland at [...]

Universal accounting lingo

With Sri Lanka moving towards compliance to International Financial Reporting Standards (I.F.R.S.) by 2011, two of the country’s leading accountancy bodies collaborated in a C.F.O. Breakfast Meeting to create a better understanding of the challenges and solutions in readying comparative financial statements by next year. A.C.C.A. Sri Lanka President Nandika Buddhipala mentioned at the beginning [...]

In private sector

Forty one point two (41.2) per cent of the country’s 7.2 million workforce comprise wage and salary workers in the private sector with an additional 15% of workers in the public sector. Own account workers constitute 30.3% of all employed, with unpaid family workers accounting for 10.6% of total employment. Informal sector employment accounts for [...]

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