Mr. Rajapaksa, it is indeed very nice to see the City of Colombo sans piles of garbage, with plant troughs appearing along the pavements. Colombo is beginning to look like the Western cities that I used to admire, during my trips abroad. Congratulations! Please keep up the good work. I write on behalf of the [...]
A Time magazine conducted poll saw President Rajapaksa being voted as the fourth most influential person. This influential position could not prevent the Ban Ki-Moon report. The government in an organised manner handled a massive campaign to bring Mahinda Rajapaksa into the fourth place via email voting and followed up with a publicity thrust through [...]
“Doom And Gloom” For Bourse The “doom and gloom” situation prevailed in the stock market for the whole of last week after the end of the Avurudhu holidays despite the intervention of state controlled captive funds such as the EPF being used to boost the market, with the bourse, however ending last week with the [...]
Frank Hadden hopes to have inspired a host of new rugby enthusiasts in Sri Lanka after the former Scotland coach spearheaded a clinic at an SOS Children’s Village outside Colombo on Thursday in the latest leg of the HSBC ARFU (Asian Rugby Football Union) Rugby Coaching Tour. The coaching clinic in Piliyandala featured 25 boys [...]
This was the statement made by Aravinda which appeared in the Daily News of April 8. This statement is either a fabrication or else Aravinda must have been forced to issue such a statement. No sooner the victor was announced the losing side captain, vice captain and selectors resigned. This is certainly strange. The general [...]
Eleven Sri Lankan prize winners, 413 exam completed students and 206 newly elected Associate and Fellow members received their certificates and gold medals at CIMA Sri Lanka division’s biannual convocation held at Cinnamon Grand for exam completed students and at another star location for newly elected Associate and Fellow members. CIMA Global President George Glass [...]
By Basil Fernando Can there be development in the modern context without law? This is a relevant question in today’s context where there is lot of talk of development on one hand but where there is lawlessness in the country. Can development and lawlessness co-exist? In answering this question it is better to have a [...]
By Abdul H. Azeez It was May 2009, the Sri Lanka Army was advancing fast under heavy fire. The LTTE, or what remained of them were giving no quarter as the battles intensified. Things got ugly, and civilians died. After the dust settled, no one knew quite what happened. The winners rejoiced, while the losers [...]
There is a inordinate delay for payments to investors on settlement. E.g. For a trading on the 1st of March, when some brokers pay, after the normal T+3 days, they write the cheque on the 4th (some print next day) post on the 5th, we receive it on 7th almost at bank closing time, we [...]
Will CBSL Intervene? Thursday’s secondary market trading saw Treasury (T) Bonds of 2012 maturity go up by at least five basis points (bps) over its previous close to be trading at the 7.35%/7.40% levels, much higher than the yield fetched for the 364 day maturity T Bill at last week’s primary auction, which fetched a [...]
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