Category: Other
Policy Defence
Sri Lanka’s top donors are waiting for the government to come up with a credible budget in November before talking about an economic programme to resume stalled programme loans to the country. Sri Lanka’s top donors are waiting for the government to come up with a credible budget in November before talking about an economic […]
Who Cares?
Private sector doesn’t pay enough attention to their customers according to findings of a study by two local NGO’s. The study says private sector gets customer feedback but is slow to act on it and improve the quality of products and services.Government organizations were also criticized for paying little attention to quality of service due […]
Between Lines
Companies operating in controversial industries like tobacco and alcohol give a better return to shareholders than traditional banking and finance stocks, a research report said Friday.Companies operating in controversial industries like tobacco and alcohol give a better return to shareholders than traditional banking and finance stocks, a research report said Friday. Stockbrokers LOLC Securities have […]
Clothing Colony
The Board of Investment (BOI) will tap European Funding agencies to finance an apparel backward integration zone, with the sector expected to be a key investment driver this year. The Board of Investment (BOI) will tap European Funding agencies to finance an apparel backward integration zone, with the sector expected to be a key investment […]
Inventing Impasse
From automatic toilet flushing devices to automatic string hopper machines, Sri Lanka’s home made inventions are fascinating, but fall short when it comes to selling power.From automatic toilet flushing devices to automatic string hopper machines, Sri Lanka’s home made inventions are fascinating, but fall short when it comes to selling power. “Most of our local […]
Bad Apples
Oil companies fuel corruption in poor oil producing nations, says the international corruption watchdog, Transparency International(TI), calling on western governments to go public with transactions by oil companies.Oil companies fuel corruption in poor oil producing nations, says the international corruption watchdog, Transparency International(TI), calling on western governments to go public with transactions by oil companies. […]
The Bridge
A major cause for poverty in Sri Lanka is the lack of infrastructure.The cost of short term relief, offered by politicians here, has been a long term vision essential for infrastructure development to take place. A major cause for poverty in Sri Lanka is the lack of infrastructure. The cost of short term relief, offered […]
Cess on coconut and palm oil imports to fund local coconut industry
The Plantation Industries Ministry is looking at financing local coconut production through a cess on coconut oil and palm oil imports.The Plantation Industries Ministry is looking at financing local coconut production through a cess on coconut oil and palm oil imports. “We will set up a Rs. 300 mn cess fund for the coconut industry […]
Labour Love Lost
Globalization has many critics especially in poor countries.Globalization has many critics especially in poor countries. The dismal working conditions for employees in some export industries have given the global market the image of one that serves only the rich. But in reality globalization has created millions of jobs around the world and helped lift people […]
Tough Luck
The Court of Appeal threw out a case filed by Okanda Finance and Okanda Investments against Central Bank, and awarded costs to the financial regulator.The Court of Appeal threw out a case filed by Okanda Finance and Okanda Investments against Central Bank, and awarded costs to the financial regulator. Okanda Finance and Okanda Investments had […]
Cutting Ties
The Sri Lankan government is taking another look at what countries it wants to target for preferential trade agreements.The Sri Lankan government is taking another look at what countries it wants to target for preferential trade agreements. Under the previous UNF regime, Sri Lanka initiated talks with 28 countries, including those already in regional trade […]
Bank Bugs
Pramuka Depositors Association has sought legal redress to cancel the liquidation process and said that they would seek damages from key officials. Pramuka Depositors Association has sought legal redress to cancel the liquidation process and said that they would seek damages from key officials. Filing a petition with the Court of Appeal on Monday, the […]