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Post CHOGM: Has TNA Chosen A Wrong Set Menu?

By Kusal Perera During CHOGM, two important statements were made by two heads of state that TNA should be very concerned and vigilant about. They are both from countries that matter, where Tamil politics is concerned. The first came from British Prime Minister David Cameron and that was forewarned. Lobbied to boycott the CHOGM in [...]

Wigneswaran Told To Follow ‘Mahinda Chinthanaya’

By Easwaran Rutnam President Mahinda Rajapaksa has written to the Northern Province Chief Minister C. V. Wigneswaran informing him that he needs to ensure the ‘Mahinda Chinthanaya’ policies are implemented, government sources said. The advice comes after Wigneswaran was absent from two District Co-ordinating Committee meetings held in the North last week. The District Co-ordinating [...]

MR’s Message Augurs Well For Market

ER Flexibility President Mahinda Rajapaksa’s message that there should be greater flexibility on the exchange rate (ER), when delivering the Budget 2014 speech in Parliament on Thursday (November 21) augurs well for the market, sources told this newspaper. Currently (ie up to Thursday), the ER has had been straitjacketed at Rs. 131.10 to the US [...]

Tax Holidays, No Christmas Cheer

Assurances of tax holidays to listed companies at Thursday’s Budget 2014 speech failed to assuage the market on Friday, which fell to its lowest level for the week with a Rs. 306.6 million turnover. Compounding its dilemma,  the benchmark ASPI contracted by 0.16% over its Thursday’s close to 5,792.72 points;  while the newly introduced S&P [...]

Leaving The Past Behind…

Four and a half years after the Government of Sri Lanka declared an end to decades of civil conflict with separatist rebels, thousands of people are still missing, according to the United Nations and Sri Lankan activists. Family members of these missing persons are still asking for a credible investigation that would enable them to leave [...]

BBS Puts Issue To Rest

By Waruni Karunarathne The Bodhu Bala Sena (BBS) says it has put the recent issue with the UNP at rest after the party had tendered an apology. General Secretary of the Bodhu Bala Sena, the Venerable Galabodaaththe Gnanasara thero was assaulted together with three other monks when they had forced their way into the UNP [...]

The Budget Of A Dreamland Ravi Karunanayake

By Rasika Jayakody  With the UNP’s decision to boycott the 2014 Budget, many were of the view that the main opposition party missed out on an important opportunity to raise its voice against budget proposals. Although the UNP parliamentarians were absent in the house when the budget speech was delivered by President Mahinda Rajapaksa, they [...]

The reptilian Distraction In The UNP

“No one wants to return to the days of the Tamil Tigers and the disgusting and brutal things they did. We must also show proper respect for the fact that Sri Lanka suffered almost three decades of bloody civil conflict and that recovery and reconciliation take time.” – David Cameron Since he first became the [...]

CBSL In T Bill Buying Spree

Emulates Fed. Central Bank of Sri Lanka (CBSL), seemingly emulating the Federal Reserve System (Fed.), went on a Treasury (T) Bill “buying spree” on Friday, thereby enhancing market’s excess liquidity by 284% (Rs. 19,414 million) over its previous day’s figure to Rs. 26,254 million; data showed. When CBSL buys T Bills, it increases market’s excess [...]

Under The Shade Of Palmyra Trees

By Waruni Karunarathne In a male dominated society where women are marginalized irrespective, of their class, caste, status, ethnicity or age, a woman especially from a minority community needs immense courage to raise her voice against violence and work on the frontline to protect the rights of women in society. Saroja Sivachandran, a founding member [...]

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