8% Electricity Hike The export and industry sectors’ competitiveness could still be maintained despite the 8% electricity tariff hike, compensated by the reduction in the country’s interest rates, Central Bank of Sri Lanka (CBSL) Governor Ajith Nivard Cabraal said. He was replying to a question raised by this reporter at a budget seminar conducted by [...]
Defence Ministry Initiative For Colombo Tamils By Mandana Ismail Abeywickrema The Defence Ministry has offered plots of land in the North to Tamil families residing in temporary houses in the Colombo City. This initiative by the Defence Ministry is part of a joint effort with the Urban Development Authority which it also oversees to relocate close [...]
HP introduced its range of printers equipped with e.mail facilities, by which printouts may be taken, even though the source of command may be several miles, if not many thousands of miles away, in an overseas destination. Building plans and such like, that may need approval, by a person sitting several thousand miles away, fast, [...]
Visakha Vidyalaya emerged overall winners at the recent ‘Eve Of Acapella’ organised by the United Students’ Circle of Royal College. The senior members of the Visakha Vidyalaya Choir who took part were Thevuni Amaradasa, Agana Goonerwardena, Shehara Molligoda, Gimhani Herath, Malveena Jayawardena, Upekha Dassanayake, Damya Senavirathna, Ekodi Wickramaarachchi, Ranitri Samarawickrema, Nadisha Gamage, Yasara De Mel [...]
Even though the preparations had been less than ideal, Sri Lanka rugby had reason to be quietly optimistic of success at the just concluded Asian Games. You might not have heard rugby officials publicly trumpet a medal in Guangzhou, but privately they said the prospects of a bronze were realistic. The prognosis might’ve been a [...]
Financial Hub Issues The effective tax regime in Singapore is 16% and for multi-national companies setting up their regional offices in that city state, the tax is further reduced to 10% as an incentive, a banker said. Rajendra Theagarajah, Managing Director Hatton National Bank plc (HNB), speaking at a budget seminar on Tuesday said that [...]
By Victor Ivan The swearing in ceremony of President Mahinda Rajapaksa following his second successive victory at the presidential elections was held on November 19. President Rajapaksa cannot be considered as a state leader who has been subjected to a just evaluation. Either we hear loud praises being sung about him or vicious and furious [...]
By Abdul H. Azeez Herman Gunaratne is an effervescent gentleman. Owner of Handunugoda tea estate and the pioneering introducer of white tea to Sri Lanka, he is many things. But at his core is a strong love and understanding of everything to do with tea and, consequently it seems, everything to do with living in [...]
(11) Heads are better than one… Sri Lankan ‘minissu’ all want this to be the Singapore of the South East. That’s our politicians’ dream, whether green, blue, red or yellow. We have well surpassed Singapore in one aspect. No no, it is nothing to do with pesky good governance, economic prosperity or even eradication of [...]
By Raisa Wickrematunge Nine Tamil priests have either been killed or have vanished without a trace during the course of the civil war, a Sinhala Catholic priest said. Coordinator, Young Christian Workers’ Movement, Father Reid Shelton Fernando testified before the Lessons Learnt and Reconciliation Commission last Friday (19). “Catholics and the relatives of the priests [...]
Recent Comments