Asia Broadcasting Corporation (ABC) Radio Network, Sri Lanka’s largest radio network has provided yet another enriching and historic experience to Sri Lankans living around the globe with the introduction of international SMS news alerts. For the first time in Sri Lankan media history, ABC Radio Network’s Gold FM, Hiru FM and Sooriyan FM which have [...]
Developing the corporate debt market. An accountant cum tax consultant and an economist speaking at different fora where this reporter was also present spoke about the country’s private sector or corporate bond market. Dr. Koshy Mathai, IMF’s Resident Representative in Sri Lanka addressing a recent seminar organized by the Federation of Chambers of Commerce & [...]
President’s media said that the President walked by himself (in Independence Square on Sunday) with the people and met those who were in the area at leisure in a friendly atmosphere. Two days later, Defence Secretary, Gotabhaya Rajapaksa, told a meeting of Muslim religious leaders at his ministry, that the government does not need “grease [...]
Some Things Don’t Change So, the Boys in Blue find themselves in a pressure cooker. All kinds of things are moving and shaking for them. On the one side are the grease yakkas and then the international community is still going on about the war yakkas. With all these devils afoot they came up with [...]
Rates, Exchange Rate Impacted Inflationary pressure besetting the economy overtook Wednesday’s Treasury (T) Bill primary auction as a result of which Central Bank of Sri Lanka (CBSL) dodged offering the total parcel originally meant for reissue as the market was asking for higher yields. This also had a knock on effect on the exchange [...]
Inter-club Rugby Knock-out Tournament 2011 By Hafiz Marikar Now the League is over and its time up for knockouts and with Kandy Sports Club winning the knock-outs 17 times they will go all out to keep the Clifford Cup in Kandy once again. This time though they will have stiff opposition from Navy SC ,last [...]
“They should believe us” — Gotabaya Rajapaksa (Interview with India Today) By Tisaranee Gunasekara The saga of the ‘Rock of Hambantota’ is of pivotal-importance in understanding the working of the Rajapaksas’ regime. Whenever the UNP, the JVP or the media mentioned the existence of a huge rock blocking the entrance to the Hambantota Port, the [...]
By Uvindu Kurukulasuriya In a shocking revelation, a former army intelligence officer Kandegedara Priyawansa told the Mount Lavinia Magistrate on May 12, 2011 that he was instructed by the Officer in Charge (OIC) of the Terrorist Investigations Department (TID) to claim that a top army official was involved in the killing of former Sunday [...]
By Indika Sri Aravinda The Norochcholai coal power plant is operating on technology which is over 20 years old, a senior official at the plant told The Sunday Leader. He also said that key instruments in the plant have begun to gather rust as it is located near the sea in Puttalam. A section of [...]
ICT/BPO Industry The current economic crisis facing the world’s two most powerful economies, the EU and the USA has thus far had no impact on the island’s ICT/BPO industry, an industry source told reporters on Tuesday. Sujiwa Dewaraja, Chairman, Sri Lanka Association of Software Services Companies (SLASSCom), the umbrella body of Sri Lanka’s ICT, BPO [...]
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