The Sunday Leader

‘The Fraud Of The Risen Lord’

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By Michael Hardy Thousands of people are packed together, arms outstretched, eyes closed. Sweat pours down their bodies as they sway back and forth to the rhythm of the music. Suddenly, at a command from their leader, they open their mouths and begin talking, but not in English, Sinhala or Tamil. You strain to understand [...]

CEB Employees Campaigning

By Nirmala Kannangara A leading trade union leader of the Ceylon Electricity Board (CEB) says the institution has released some of its employees for election work in Ratnapura and Kandy openly flouting the Election Commissioner’s strict guidelines.  “Disregarding Election Commissioner Dayananda Dissanayake’s letter to all heads of departments, the CEB has released more than 20 employees [...]

Bridging The Gap

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A lecturer at a workshop sponsored by John Keells Social Responsibility Foundation that was held last month to help develop “soft” skills among Moratuwa University undergraduates. T.H.K. Nawarathna, a final year student,  said that from this programme he was able to understand the gap between local graduates and the industry.

Evidence Delaying Fonseka’s Charge Sheet

By Raisa Wickrematunge The large volume of evidence being processed is delaying the formulation of the charge sheet against former Army Commander Sarath Fonseka.  Military Spokesman Major General Prasad Samarasinghe told The Sunday Leader that statements from 31 people have been recorded. He added that there was technical evidence that was also being examined, though [...]

Stock Market Bubble To Burst

Government administered funds have been driving the market since the beginning of this year asymmetrical with the growth of the economy, therefore it should burst at anytime, market sources who didn’t want to be named told The Sunday Leader. Yawning budget deficits and high interest rates are not conducive to economic growth, as such the [...]

India Gets Tough

By Munza Mushtaq A steadfast India will press Colombo to immediately unveil a political settlement for the Tamil minority in the country.  The message will be communicated to President Mahinda Rajapaksa by Indian Foreign Secretary Nirupama Rao, who arrived in Sri Lanka yesterday on a three day official visit.  “In May it will be a year [...]

Tea Board Blames Treasury For Debacle

By Cassandra Mascarenhas  The Sri Lanka Tea Board last week blamed the Treasury for failing to allocate necessary funds to carry out activities which could have prevented the country’s tea industry  losing its position as the world’s  top tea exporter to Kenya. The Tea Board used to regularly host various programmes including trade fairs, and other forms [...]

Credibility Gap

Economic statistics are important to measure the progress of a country’s economy. It provides useful data to policymakers, investors, acadaemia and the public alike, as to where the economy is heading and helps to guide the country’s monetary and fiscal policies. Such information is particularly important to policymakers , by being a roadmap, showing the [...]

Wanni Being Militarised – TNA

Military Says ‘Not True’ By Munza Mushtaq  The Tamil National Alliance (TNA) leveling serious allegations against the government and its military last week, declared that the Wanni was in the process of being ‘militarised’ with condominium style buildings being constructed to permanently house thousands of military personnel.  Former Parliamentarian and TNA Member, Suresh Premachandran claimed, [...]

Shareholder Profit Up 30%

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Profit attributable to NDB Group shareholders increased by 30% over the previous year, vis-à-vis the financial year ended December 31, 2009. Profit before tax (p.b.t.) and profit after tax (p.a.t.) also increased by 37% and 24% respectively over the last year. This exceptional performance for the year was mainly due to the significant profits earned [...]

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