An opposition politico alleged that he has been falsely charged of money laundering to the tune of U.S.$ three million by the Government. U.N.P. M.P. Ravi Karunanayake speaking at a function in Colombo on the eve of the recently concluded parliamentary elections alleged that if the money laundering charge was true, he would have ended-up [...]
By Mandana Ismail Abeywickrema United National Party’s Hambantota District Parliamentarian and son of a former President, Sajith Premadasa is to be groomed as its next leader, a senior party member said. 43-year-old Sajith Premadasa is the only son of the late Ranasinghe Premadasa, a former leader of the party and president, assassinated by the LTTE. [...]
The interest rate market is on the declining or stagnating trend, and certainly not in the ascent, a market source told The Sunday Leader. He predicted that this week’s primary Treasury (T) Bill auction would see the benchmark 364 day T Bill falling by 15 basis points (b.p.s) week on week (w.o.w.) to 9.15%, in [...]
The diaspora is increasingly looking for other ways, now with the end of the L.T.T.E., by which it can support development in the north and east and elsewhere in Sri Lanka. So our challenge now is to take that big resource, which is the largest Tamil diaspora in the world and has considerable resources, and [...]
By Raisa Wickrematunge Dissent continues to grow within the UNP. UNP Leader Ranil Wickremesinghe has now raised the hackles of UNP Central Provincial Council members, who met to voice disagreement with his choice for Council Opposition Leader on Friday. The post fell vacant when Wasantha Aluvihare was elected to parliament in the last general election. [...]
Exports grew by 8.5% in the first two months of this year, year on year (y.o.y.) to U.S.$ 1,088 million; despite a fall in Sri Lanka’s key export, garments, which, under the period under review, declined by 19% y.o.y. according to provisional figures. Garments comprised 36.8% of the island’s total exports in the period in [...]
By Mandana Ismail Abeywickrema The Human Rights Commission (HRC) is currently unable to make recommendations on over 1,400 complaints related to human rights violations received in the first quarter of 2010 due to the non-appointment of a new Chairman and Commissioners to the HRC. The terms of the HRC Chairman and Commissioners expired in December [...]
By Nirmala Kannangara The recent CID raid at the Mihintale Rajamaha Viharaya in search of Danuna Tilakaratne was aimed at harassing the temple monks who have become a threat to the government, Acting Chief Incumbent Mihinthala Rajamaha Viharaya, Ven. Walawahengunawewe Dhammarathana Thero told The Sunday Leader. According to Ven. Dhammarathana Thero, five CID officers with [...]
Australia’s High Commissioner Ms. Kathy Klugman will be the chief guest at the Sri Lanka Institute of Training and Development’s (S.L.I.T.A.D.’s) 6th National Conference that will be held under the theme “Creation of a New Value System through Training & Development” at a Colombo hotel on May 21. the keynote address will be delivered by [...]
Figures contained in Insurance Board of Sri Lanka’s (I.B.S.L.’s) annual report for the year ended December 31, 2009 reveal that the collective figure for “claims outstanding” of all life insurance companies was 100,733. Intriguingly, Ceylinco Life, the market leader by a large margin, accounts for only 82 of these outstanding claims, a remarkable achievement for [...]
Recent Comments