The Sunday Leader

Journalists To Declare Assets

What A Fiasco By R. Wijewardene Sri Lanka’s Media Ministry now of course under new management has begun sending Declaration of  Assets and Liabilities forms to every journalist in the country. According to a circular issued  by the Ministry last month every journalist in the country from cub reporters at provincial newspapers to the chair persons [...]

The World Cup Of Instant Cricket

The T20 World Cup is upon us. The Sri Lankan squad has yet to get settled into the conditions in the West Indies. Our lads have not had much experience in the Caribbean Islands. Even the seniors have hardly played in that neck of the woods. But we are talking of instant cricket and there [...]

Clear Policy Needed For N.E. Development

Mahinda Chinthana Insufficient The lack of a clear Government policy for the development of the North-East (N.E.) is a disincentive for investments in that area, a banker said. Prem Kumar Thampi, Country Head, I.C.I.C.I. Bank, speaking at a seminar in Colombo on Tuesday as an example said that though the Government’s Mahinda Chinthana policy document [...]

Copy To Induce Registrations

Copying international patents may be a way to induce such patent holders to register themselves here, an official said. Sri Lanka’s Intellectual Property (I.P.) Office Director General Dr. D.M. Karunaratne speaking at a seminar on Monday said that if a foreign technology is not patented locally, it may be copied. Such copies don’t contravene local [...]

Emergency

By Paneetha Ameresekere, Business Edtior Sri Lanka’s new Foreign (now known as External Affairs) Minister Professor G.L. Peiris is reported to have had told reporters on Sunday that the government is considering in doing away with emergency rule. If that is so, that is also good news for the economy. That’s because it will help [...]

Pvt. Sector Not Ready For eClearance

Bribery denies implementation, counters trade Customs is ready for ecommerce, but not so the private sector, a Customs officer claimed. M.R. Rajmohan, Assistant Director Customs told The Sunday Leader that while there are 10,000 importers, only a 100 are ready to clear their Customs declaration forms electronically, hence the alleged reason for the delay in [...]

Witch Hunt

An opposition politico alleged that he has been falsely charged of money laundering to the tune of U.S.$ three million by the Government. U.N.P. M.P. Ravi Karunanayake speaking at a function in Colombo on the eve of the recently concluded parliamentary elections alleged that if the money laundering charge was true, he would have ended-up [...]

Sajith To Be Groomed

By Mandana Ismail Abeywickrema United National Party’s Hambantota District Parliamentarian and son of a former President, Sajith Premadasa is to be groomed as its next leader, a senior party member said. 43-year-old Sajith Premadasa is the only son of the late Ranasinghe Premadasa, a former leader of the party and president, assassinated by the LTTE. [...]

364 Day Yield To Fall 15 B.P.S

The interest rate market is on the declining or stagnating trend, and certainly not in the ascent, a market source told The Sunday Leader. He predicted that this week’s primary Treasury (T) Bill auction would see the benchmark 364 day T Bill falling by 15 basis points (b.p.s) week on week (w.o.w.) to 9.15%, in [...]

Tapping Diaspora Support

The diaspora is increasingly looking for other ways, now with the end of the L.T.T.E., by which it can support development in the north and east and elsewhere in Sri Lanka. So our challenge now is to take that big resource, which is the largest Tamil diaspora in the world and has considerable resources, and [...]

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