Category: Other
Low Leaf
Asia Siyaka Commodity Brokers said that buyers at the Colombo Tea Auction are concerned by the quality of future low grown teas on offer, driven by the surge in production associated with Sri Lankas famous long holidays. “Many traders seem to have taken the position that they would need to stock up on the superior […]
Hanging Up
The telecom watchdog ended its standoff with Mobitel (Pvt) Ltd on Thursday, withdrawing its case with the Fort Magistrate after the two parties reached a settlement. Mobitel agreed to pay Rs. 2 mn to cover the Telecommunication Regulatory Commissions legal costs and re-affirm the regulators authority over the telco industry.rn rnThe settlement comes after months […]
First Act
The governments first piece of business when parliament opens on May 18 will be to push through an Anti-corruption Bill to replace the Bribery Commission and the Act governing it.Alliance Minister Susil Premajayantha said on Friday that the Bill is now with the Legal Draftsman and is based on the principles of transparency and accountability.rn […]
Feeling the Pinch
lquote Can the new government summon enough numbers to appoint a Speaker of its choice and announce its policy statement? Speculation is rife in Colombo but the all-powerful minorities are taking it cool. Sri Lankas 13th Parliament will meet tomorrow amidst speculation on the new governments ability to muster a majority.rn rnAt its maiden sitting […]
Not Fair
Flour Mill giant Singapores Prima Ceylon Ltd has filed papers for arbitration against the government for failing to honour two clauses in its agreement.A fresh deal signed by the government and Prima in April 2001, specified that flour giant will not be discriminated against any other company/person engaged in the producing wheat flour.rn rnThe government […]
Third Innings
Sanjiva is excited about prospects for open source software in Sri Lanka.Clad in a denim shirt like any other software engineer he is taking some time off from his regular job at IBM to work with some students at the Colombo University.rn rnSanjivas involvement with these tech savvy students comes through the Lanka Software Foundation […]
Crafting Markets
Devendra is putting final touches on a Sesatha, traditionally used as a symbol of power but in modern times a decorative item in homes.Although its usage has changed overtime the process of making one has remained the same over the centuries.rn rnDevendra uses traditional methods passed down through the generations to hand paint a Sesatha. […]
Interim Relief
State-run Sri Lanka Rupavahini Corp. (SLRC), Independent Television Networks and the Sri Lanka Broadcasting Corp. (SLBC) challenged the independent election chief on Tuesday, over his decision to takeover the media institutions.rn rnElection Chief, Dayananda Dissanayake appointed a competent authority endash W D L Perera endash to run the media institutions until polls end on Friday. […]
Toss A Coin
Sri Lankas two main parties may find it hard to secure a comfortable lead, as weeks of campaigning comes to an end on Tue, an independent poll reveals.In its last survey to the run up of April 2 polls, independent research firm Org-Marg Smart says the opposition United Peoples Freedom Alliance (UPFA) has a slight […]
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Short Break
The Supreme Court on Tuesday sought extra time to hear the fundamental rights application filed by state electronic media organisations against the Elections Commissioner.The matter was put off for Wednesday March 31, as one of the judges, Justice Shirani Bandaranayake declined to hear the case for personal reasons.rn rnThe other two judges endash Justices T […]
Interpreting Interpretations
In the run up to the polls Lanka Business Online published the opinion polls of Org Marg Smart. Dr. Harsha de Silva, a pioneer in opinion polling in Sri Lanka, who has been observing the polling by both OMS and the CPA and their interpretations has attempted a combined analysis of both the OMS and […]