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Agriculture, Main Cause Of Climate Change

By Paneetha Ameresekere Colombo is a wetland, and any harm to it has disastrous economic effects, an agronomist said. Dr Andrew Noble, Senior Fellow, International Water Management Institute, delivering a lecture on ‘biodiversity’ in Colombo on Thursday (May 23) said flooding in Colombo during the rainy season is an example of the consequences that follow [...]

GoSL Buys $ 142 Mn From CBSL’s Reserves

To Meet External Commitment Central Bank of Sri Lanka (CBSL) infused Rs 20,000.18 million worth of liquidity to the Government of Sri Lanka (GoSL) on Monday (May 20) to assist GoSL to meet an external commitment of Rs 17,960.18 million (US$ ($)142.2 million which was met from CBSL’s reserves, data showed. In this mechanism, GoSL [...]

HNB Opens Its First ‘Green Bank Building’ In The North

Hatton National Bank recently opened a state of the art green bank building in Jaffna. This is the first green bank building to be opened in the Northern Region and is the second such building built by HNB. HNB was the first Sri Lankan bank to open a green bank building in Nittambuwa in 2011. [...]

Tourist Arrivals At Variance With Occupancy

For a country recording an impressive million tourists in the last year alone, allegations are rampant that the hospitality industry is lagging behind in meeting the high end needs of the Western traveller. Questions have been raised about whether the training given to hotel staff, the standards maintained by the star class hotels and the [...]

Debate Over 13A Resurfaces

By Easwaran Rutnam With the elections for northern Provincial Council scheduled to be held in September the debate over the 13th Amendment to the constitution has resurfaced. The government has said that no move at this moment to amend the constitution and repeal the 13th Amendment. However Jathika Hela Urumaya leader Patalai Champika Ranawaka said [...]

Wildlife Sanctuary Or Poachers’ Paradise?

By Nirmala Kannangara Rampant poaching is reported to be taking place within the Udawalawa and Lunugamwehera National Parks and the Department of Wildlife Conservation and the respective police stations are helpless to take action against the poachers. Although poaching is reported from each and every national park, sanctuary and nature reserves in the country, the [...]

Mervyn On The Rampage Again!

Kelaniya PS Chairman, member claim By Nirmala Kannangara The Mervyn Silva plague has once again raised its ugly head in the Kelaniya electorate. This was evident when a gang of five thugs headed by Damayanthi Perera, who is said to be the head of Silva’s Women’s Organization,  assaulted the Chairman of the KelaniyaPradeshiya Sabha, Prasanna [...]

Janashakthi Pays Highest Returns

Janashakthi Insurance PLC has offered the highest dividend yield among local insurance companies, making the stock an attractive investment for stock market investors, officials said. For the year ended March 31, 2013, the company paid out an annual dividend yield of 9.52% the highest among insurers. “We always look to maximise returns to our shareholders, [...]

Sri Lanka Wins Kia ‘Distributor Of Distinction’ Award For Asia

Top Korean car maker Kia has adjudged its sole distributor in Sri Lanka, Kia Motors (Lanka) Ltd., as the company’s ‘Distributor of Distinction’ in acknowledgement of ‘Professionalism of the Highest Degree and Outstanding Sales Performance in the Asia Region.’ The award was presented at the annual Asia Distributors Convention of Kia in Manila, Philippines recently. [...]

13th Amendment: Implementation possible only through consensus

Sri Lanka’s Great Game, ‘devolution’ or more precisely the 13th Amendment, has once again kicked off and is being played with much vigour. We are reminded of the performances of great players of the past: S. W. R. D. Bandaranaike, J. R. Jayewardene, Colvin R. De Silva, S. J. V. Chelvanayakam and many others. There [...]

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