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Sri Lanka Freedom Party (SLFP), the mains constituent party of the ruling alliance has cancelled, with immediate effect, the party membership and posts of all local government representatives who are accused of sexual abuses or other crimes. As recommended by the party General Secretary, Minister Maithripala Sirisena and sanctioned by the General Secretary of ruling ...
The Law and Society Trust (LST) in a statement condemned the mob attack on the Mannar court house, allegedly at the instigation of a Cabinet Minister over a disputed ruling, as well as (reportedly) threatening phone calls to the Mannar Magistrate cum District Judge from the same member of the Government. An attack on a ...
Five teenage schoolchildren from Sri Lanka who had lost a family member to an act of terrorism attended this year’s ‘Project Common Bond’, a weeklong peace building and conflict resolution program held in the US. The program was organised by Tuesday’s Children, a New York based non-profit organisation serving the needs of those affected by ...
THE Lessons Learnt and Reconciliation Commission (LLRC) was the most important post-war step taken by the Government to foster reconciliation and sustainable peace. Since it was released in November of last year, the public as well as the international community have awaited the Government’s steps to implement its recommendations. It would not be exaggeration to ...
by Sarath De Alwis The crisis is not in our system of higher education. The crisis is in not knowing what higher education is. Arrogance of presumed superior knowledge of the policy makers and dogmatism of the teachers has precipitated a debate that reflects a pedantry of crisis proportions. We do not seem to have ...
IRIN: Enhancing practical efforts to uphold the language rights of millions of ethnic Tamil-speaking Sri Lankans could play a key role in the country’s long-term peace and reconciliation, say analysts and activists. “Language parity is one of the biggest challenges to Sri Lanka’s peace and reconciliation efforts, and indeed its future. Without it, I doubt ...
The 75th regatta in a 114 year history of rowing between the Madras and Colombo Rowing clubs was held in Chennai on the Adayar River last week. Lead by the captain Maheel Gamage over 33 members representing the Colombo Rowing Club (CRC) in the Men’s and Women’s events traveled to Madras on 18 July 2012 ...
LONDON (Reuters): Britain’s economy shrank far more than expected in the second quarter, battered by everything from an extra public holiday to government spending cuts and the neighbouring euro zone crisis. Finance minister George Osborne said figures released on Wednesday showed Britain had “deep-rooted economic problems,” adding that the slump in the second quarter was ...
The standoff between law authorities and politicians has reached a new high with the order for Industry and Commerce Minister Rishad Bathiudeen to appear before court on charges of threatening a judge in Mannar. There are several points that need to be considered in this instance and while the incident is played out in the ...
Politically-motivated violence or a riot is a form of civil disorder characterised often by what is thought of as disorganised groups lashing out in a sudden and intense rash of violence against authority, property or people. A riot could also be due to a perceived grievance or out of dissent. Political violence was seen in ...
By Uditha Jayasinghe After several weeks of suspense the Government yesterday released the much anticipated Action Plan for implementing the Lessons Learnt and Reconciliation Commission (LLRC) report but warned that budgetary allocations could see most steps postponed till next year. External Affairs Minister Prof. G.L. Peiris told media that the Government has taken efficient steps ...
By Hamid Mahmood Aid is part and parcel of the development package in South Asia. The book titled ‘Foreign Aid in South Asia: Emerging Scenario; offers insights into the role of foreign aid in South Asia’s development. It covers the chronology of aid development and provides a detailed examination of South Asian countries’ adaptation to ...
‘Apata Galapena Arthika Kramaveda’, a Sinhala economic article collection book by Dr. Rohan Samarajiva, expert on infrastructure policies and C.J. Amaratunga, veteran journalist, will be launched at 4p.m. on 6 August, at the auditorium of the Bandaranayaka Institute of International studies. The book is analysing how the theories relevant to infrastructure sectors such as roads, ...
The Foreign Minister of Pakistan Hina Rabbani Khar will be visiting Sri Lanka from 1st to 3rd August, 2012, at the invitation of Sri Lankan Foreign Minister Prof. G.L. Peiris. During her three day visit, Hina Rabbani Khar will call on the President of the Socialist Republic of Sri Lanka, Mahinda Rajapaksa and will also ...
Janaka Walisundera, an international business management professional has been appointed as the Chief Executive Officer of UB Finance Company recently. UB Finance, which was formed with the acquisition of The Finance & Guarantee Co Ltd by Sri Lanka’s premier financial institution, Union Bank of Colombo PLC and its international strategic investment partner ShoreCap II Ltd., ...
Secretary to the Prime Minister Amarasekera, Secretary to the Ministry of Defence and Urban Development Gotabhaya Rajapaksa, Secretary to the Ministry of Telecommunication and IT Gunasekera, other Ministry Secretaries, ICTA Chairman Professor Epasinghe, FutureGov Asia Managing Director Mohit Sagar, officers and representatives of the sponsors of this conference, Government delegates from our neigh...
Although the Doha Round negotiations have not shown any forward movement, a joint statement issued in early July, indicates movement in services negotiations. According to the statement, some members of WTO have got together to kick start negotiations on an agreement to liberalise trade in services. Current participants are Australia, Canada, Columbia, Costa Rica, the ...
This is a day quite dear to some 300 million plus people in United States of America. Irrespective of their land of origin, the day is celebrated as the day of independence commemorating the adoption of the Declaration of Independence and the Founding Fathers remembered. The fourth of July this year is also important for ...
With the opening dates of terminals in the Colombo South Harbour Project in Sri Lanka and Deep Water Container Port in Pakistan now set as 2013 and 2014 respectively, port development in the South Asian region is about to enter another era. When completed, the new deep sea ports in Karachi and Colombo will have ...
Reuters: China’s economy is set for a soft landing even as global headwinds increase, the International Monetary Fund said in a report on Wednesday that urged further reform and currency appreciation to rebalance growth and reduce risks. The report said economic reforms so far had substantially reduced external imbalances, but at the cost of significant ...
Sri Lanka needs a new wave of reform to avert a possible balance of payment (BoP) crisis, stressed Ceylon Chamber of Commerce Chairman Susantha Ratnayake.
Tourism industry official cum professional Dileep Mudadeniya in his personal capacity has released a book on Sri Lanka’s hosting of the International Indian Film Academy Awards (IIFA) in 2010. Titled ‘IIFA: The Other Side,’ the book in Sinhala, Dileep’s first, recaps the efforts which went in to it, the challenges faced and its success, in ...
Renews call for Select Committee to probe shady deals; wants EPF investments in stocks halted Blasts President-Bourse forum Says CSE Board must be dissolved Akin to firing all cylinders, Opposition Leader Ranil Wickremesinghe has blasted President Mahinda Rajapaksa’s forum with capital market stakeholders and renewed the call for the appointment of a Parliamentary Select Committee ...
British HC commends Sri Lanka for progress made over the years By Cheranka Mendis Ceylon Chamber of Commerce Chairman Susantha Ratnayake yesterday called for a new wave of reforms if the country were to come out of current shocks quickly with the least amount of pain. In his address at the chamber’s 173rd Annual General Meeting, ...
Following is the part one of the Daily FT article featuring the Acuity Stockbrokers Research on Economy and Strategy titled “Lion Leads Frontier” launched last week. Better than the rest General frontier market risks remain pertinent to Sri Lanka Investors in frontier markets are well aware of the risk-return tradeoff intrinsic to these markets. Low ...
Reuters: Asian shares inched higher on Tuesday, helped by improving Chinese manufacturing data, but the euro remained under pressure as surging Spanish borrowing costs stoked fears that the euro zone’s fourth-largest economy will be forced to seek a bailout. The HSBC flash China manufacturing purchasing managers index rose to a five-month high in July, driven ...
By a Special Correspondent A year or back from today, Sri Lankan economy had been sailing strongly amidst global economic typhoons. Most of the macro variables were reflecting peace dividends and rejuvenated hope. However, by mid 2011, the country’s trade deficit, fuelled by credit expansion was signalling early signs of an economic turmoil. Perhaps being ...
Marketing process for sales persons Under the marketing concept, the firm must find a way to discover unfulfilled customer needs and bring to market products that satisfy those needs. The process of doing so can be modelled in a sequence of steps: the situation is analysed to identify opportunities, the strategy is formulated for a ...
President Mahinda Rajapaksa yesterday wished his newly-elected Indian counterpart Pranab Mukherjee over the telephone and extended an invitation for him to visit Sri Lanka. On Sunday Mukherjee, the former Finance Minister and Senior Leader of the ruling Congress Party was elected as India’s new President. This was after the country’s 4,896 lawmakers in State assemblies ...
In my experience of brand marketing, I have realised that the most challenging is the marketing of a political candidate for high office given the complexity of variables involved and the swing votes that come to play at the last moment. The other is the dynamism that goes into the business of politics where even ...