Category: Other
Tea prices expected to grow
Weekly tea prices are slowly edging up, with this weeks auction pushing the monthly average to Rs. 188.43, up from Rs. 181.24 in late August. The annual average however is only some 45 cents higher from late August at Rs. 180.45. Industry watchers say prices will improve further in the coming weeks, especially with the […]
Who Did It?
A Sri Lankan magistrate Thursday gave police permission to examine three private bank accounts amid allegations that Prime Minister Mahinda Rajapakse helped himself to foreign aid meant for tsunami survivors.A Sri Lankan magistrate Thursday gave police permission to examine three private bank accounts amid allegations that Prime Minister Mahinda Rajapakse helped himself to foreign aid […]
Fashionable Economics
It was only last week that I wrote in these columns that we will soon be entertained by election time economic theories of the soon to be formed alliance between the JVP and the Honorable Prime Minister (Mahinda).It was only last week that I wrote in these columns that we will soon be entertained by […]
Standing Tall
Increasing land prices and demand for houses are pushing developers to launch taller building projects and even larger suburban housing projects. Increasing land prices and demand for houses are pushing developers to launch taller building projects and even larger suburban housing projects. Sri Lankans living abroad and falling interest rates have helped drive property prices […]
Presidential Poll -2005
The Policy – agreement entered between the presidential candidate, Hon.Mahinda Rajapakse the Prime Minister and the Peoples Liberation Front (JVP) for the presidential poll 2005 The Policy – agreement entered between the presidential candidate, Hon. Mahinda Rajapakse the Prime Minister and the Peoples Liberation Front (JVP) for the presidential poll 2005 1 It is hereby […]
Pot Hole Ahead
George Bush is at fault I guarantee that the Mahinda Rajapakse (and perhaps Wimal Weerawansa) campaign will come up with some colourful economics arguments blaming everyone but themselves for the economic mess we are in today with inflation running almost at 15% as opposed to 1% in March 2004. George Bush is at fault I […]
We’re Watching
The Sethusamudram canal set to be operational from 2008 will give a continuous navigable route around the Indian peninsular linking the west coast of India with its east. The Sethusamudram canal set to be operational from 2008 will give a continuous navigable route around the Indian peninsular linking the west coast of India with its […]
Warm Up
Banks have to do dummy runs in calculating their credit and operational risk according to a roadmap on the implementation of new minimum capital rules agreed to with the financial sector regulator.Banks have to do dummy runs in calculating their credit and operational risk according to a roadmap on the implementation of new minimum capital […]
‘re Watching
The Sethusamudram canal set to be operational from 2008 will give a continuous navigable route around the Indian peninsular linking the west coast of India with its east. The Sethusamudram canal set to be operational from 2008 will give a continuous navigable route around the Indian peninsular linking the west coast of India with its […]
Jump In
Top Indian banker and one of the most influential business people in the world according to Fortune magazine and the Wall Street Journal, Naina Kidwai, says the type of investment flows are a good indication about the level of confidence in coalition governments.Top Indian banker and one of the most influential business people in the […]
Free Passage
A Sri Lankan court has freed 21 men who were accused of involvement in the 1993 assassination of president Ranasinghe Premadasa, the state attorney general’s department said Thursday. A Sri Lankan court has freed 21 men who were accused of involvement in the 1993 assassination of president Ranasinghe Premadasa, the state attorney general’s department said […]
‘s tea market
India has called for duty free access for its teas into Sri Lanka under the latest round of CEPA talks that concluded in end August. A weekly Asia Siyaka Commodities report said India is asking for duty free access for green and black teas in three kilos and larger pack sizes. The Siyaka report said […]