G.M. Badra Jayaweera on ‘leave’ not dismissed Rs. 620 Million ‘fraud’ alleged at LECO By Faraz Shauketaly The Ceylon Electricity Board’s continued imbroglio displays little sign of being resolved anytime in the near future with the Chairman Vidya Amarapala engaged in a number of controversies. Principal amongst these is the huge cost of power generation, [...]
The allegation made by a Securities and Exchange Commission of Sri Lanka (SEC) source as reported in the lead story on the business pages of this newspaper in its last week’s edition, that 95% of the insider trading deals in this country could be unearthed if phone tapping is allowed is indeed shocking. It is [...]
The proverbial monkey that killed the king it loved so much because it did not want even a mosquito harming him is a story that we all have enjoyed as children. It told us what harm can misplaced loyalty do to a person and what danger awaits a person who trusts his life with the [...]
When one walks or drives down Col. T.G. Jayawardene Mawatha one gets the impression that this road once called Clifford Road is a car park very specially on working days. It is very difficult to walk or to drive or to find space to park one’s vehicle to visit a house on that road. Can [...]
By Maryam Azwer – Photo by Thusitha Kumara Trade unions have declared that protests and vehement opposition will continue in the event of a Bill being passed to implement the proposed private sector pension scheme. Last Tuesday (24), thousands of Free Trade Zone (FTZ) workers in Katunayake took to the streets to protest the proposed [...]
BY ABDUL H. AZEEZ US Economy Wavering The latest economic numbers have not been good. Jobless claims rose last week, the Labor Department said on Thursday (26). Annualised second quarter growth is running at only 2.8 percent, up from 1.8 percent in the first quarter. This is disappointing because the economy was expected to grow as much [...]
Watching people going in and out of supermarkets gives an interesting insight into today’s attitude. Often one cannot stop wondering whether chivalry is gone forever from our people. Most of the doors need a good push to open because of the air conditioning. Irrespective of whether there is a person on the other side most [...]
The murkier aspects of Ceylon Electricity Board (CEB) power contracts in the North were revealed at a press conference summoned by CEB Chairman Vidya Amarapala on Monday and subsequently through a press release issued on the same day. These issues come in the backdrop of the CEB Management taking disciplinary actions against the general managers [...]
Disabled soldiers are seen participating in Victory Day celebrations, held on Friday (27). In his speech, President Mahinda Rajapaksa noted that war heroes had not been ‘confined to barracks’, but given an important role in rebuilding the nation. The President added that the armed services were not created to invade countries, but to rebuild the [...]
The Higher Education Ministry (THEM) has launched a leadership training and positive thinking development training course for 10,000 university entrants at 28 training centers of the Army, Navy, Air Force, Police and Cadet Corps on May 23. Instead of applauding this venture, the opposition UNP and JVP have opposed this program. It has become a [...]
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