Towards Self-Sufficiency In Salt

Sri Lanka, from being an exporter of salts has become an importer because of the war, an industrialist claimed. Dr. Ravi Liyanage, Chairman Raigam Group of Companies told reporters on Thursday that salterns such as the 2,000 acres at Elephant Pass (E.P.), and Arugam Bay were closed because of the war. Salterns could be operated [...]

A Sonnet To Tiger Woods

By Sharm de Alwis With apologies to William Blake for having contaminated his poem. Tiger, Tiger, burning bright All the candles in the night With dames, voluptuous, no thought of wife Lingering with kids by the fireside You say you’re cured of flesh and sin But Tiger, Tiger, you’re an addict, You crave for flesh, [...]

Foreigners To Return

“The President has a dream, and to achieve it there should be commitment,” Ceylinco Insurance (General) Deputy Chairman Ajith Gunawardena tells Benchmark. “I feel that we are at the threshold of a new era following a 30-year war, and people are rearing to go and waiting for opportunities to come their way. But for these [...]

Gas up Rs. 50

Cooking gas prices will be increased from next month despite falling prices, the Government has assured private sector suppliers, it’s learnt. The increase will be around Rs. 50 and was due last month, but was postponed due to the elections. There are two cooking gas suppliers in the market, Shell and L.A.U.G.F.S. While Shell currently [...]

Dissatisfaction Galore In The New Cabinet

Curtailed Cabinet By Mandana Ismail Abeywickrema A large number of newly appointed cabinet ministers are expressing their dissatisfaction over the portfolios allocated to them. Soon after the swearing in ceremony a senior member of the ruling party Nimal Siripala De Silva was overheard making rude comments about his portfolio. Silva, the former Minister of Health [...]

J.R. & M.R.

Can public servants canvass for a political party? There was a case of a public servant, fraternal to the incumbent, blatantly canvassing for the rural party at the recent parliamentary elections, as reported in the press, which led to a wag to comment that former President J.R.Jayewardene despite his record, steamroller 5/6ths majority in parliament, [...]

C.B.S.L. In Insider Trading

E.P.F. and licensed commercial banks (l.c.b.) are administered and supervised by Central Bank of Sri Lanka (C.B.S.L.). Therefore E.P.F.’s recent investments in l.c.b. such as N.D.B. and H.N.B. may be construed as insider trading because C.B.S.L. is privy to the status of such banks by virtue of the supervisory role it plays in monitoring l.c.b. [...]

Woods In Players C’ship

World number one Tiger Woods will compete at the prestigious Players Championship in early May in his second straight event on the PGA Tour. The 34-year-old American will make his first appearance since finishing fourth at the Masters at the Quail Hollow Championship from 29 April to 2 May. He will then go to Sawgrass [...]

King Mervyn

One supermarket operator told this newspaper that he will have to close down his business in Kiribathgoda and send its staff of 30 home if he is forced to subscribe to Kelaniya Government M.P. Dr. Mervyn Silva’s recent diktat of banning the sale of liquor in his electorate. “Sixty per cent of the total revenue [...]

$ 150,000 Bribe

An opposition M.P. highlighted the alleged corruption in high places in the country which was impeding the country’s economic development. Wijeyedasa  Rajapakse (P.C.), speaking at a forum in Colombo recently said that he knows of one particular instance, of a Sri Lankan living abroad, who wanted to invest in the fisheries sector. This businessman wanted [...]

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