The Sunday Leader

Elections: Cynicism And Opportunism

Looking At Things From Mahinda’s Viewpoint By Indi Samarajiva in Trincomalee I’m on the beach near Pigeon Island, eating lobster. The guys tell me that everything is fine. It certainly feels that way. People are unloading cement, laying tiles. The road is paved, the new kovil is coming up. People have jobs, they’re sending money [...]

Fiscal Situation Destablises Economy

Falling Government revenue and rising Government expenditure can jeopardize the economy in the medium term, an economist warned. After the war, the macro economy-rupee, reserves and inflation is stable, but maintaining that stability is sine qua non for growth, Dr. Koshy Mathai, I.M.F.’s Resident Representative said. Speaking at a seminar on the topic “The Sri [...]

Walk The Talk

Central Bank of Sri Lanka (C.B.S.L.) Governor Ajith Nivard Cabraal said that he has been able to convince the Treasury (T) about the importance of keeping inflation and interest rates down (see the business pages of last week’s The Sunday Leader). This was in response to a question raised by this reporter at a seminar [...]

Doing Differently

The agencies behind the country’s most talked about communication campaigns at the moment, Grant McCann Erickson (G.M.E.) and Response Marketing, both members of the Grant group of companies, executed SriLankan Airlines new product enhancement launch and the Tigo to Etisalat relaunch recently with incredible success; developing engaging brand experiences and media energy that generated an [...]

Changes At The Top

Singer Group’s long-standing Chairman and Chief Executive Officer Hemaka Amarasuriya will retire from the position of Chief Executive Officer (C.E.O.) on June 30, 2010. The Singer Group in Sri Lanka comprises Singer (Sri Lanka) PLC, Singer Industries (Ceylon) PLC, Regnis (Lanka) PLC, Regnis Appliances (Pvt.) Ltd., Reality Lanka Ltd. and Singer Finance (Lanka) Ltd. He [...]

In Hot Seat

Russell de Mel recently assumed duties as the newly appointed NDB Bank (NDB) C.E.O., taking on the reigns from his predecessor Eran Wickramaratne, “and prepared to take NDB Group to new heights.” Wickramaratne symbolically handed over his duties to de Mel with a handshake, while NDB employees and customers looked on at a function held [...]

Gay Paree On Oman Air

One more of the new A330/300 aircraft, scheduled for delivery this year, joined the Oman Air fleet recently. The brand new aircraft flew on its delivery flight from its home in Toulouse to Muscat and marked another feather in Oman Air’s cap. Oman Air C.E.O. Peter Hill, said, “Oman Air’s A330 fleet is growing, with [...]

Same Same, But Different

by Going Global ( In our confused drive to believe in ‘equality’ we have confused equality with similarity. In our efforts to treat everyone and everything as equals, we have tried to make things easy by ignoring the differences and focussing on the similarities, to the exclusion of those differences almost completely. We are not [...]

Signs Of Improvement

Sri Lanka is coming into an era of excellence where we hope for further development,” National Chamber of Commerce Sri Lanka (N.C.C.S.L.) President Lal de Alwis tells Benchmark. “Following an end to war, there is peace throughout the country and we can already see signs of improvement. We feel that Sri Lanka is coming into [...]

S.L., Important Market

Sri Lanka is an extremely important market for us. We are confident that Xerox and Softlogic will collaborate to earn retailer and consumer confidence and market leadership in the digital printing segment in the country, a representative of a multinational organization said. Xerox India Executive Director Vipin Tuteja was speaking at a function held to [...]

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