LakeView Economics

The JVP has been accused of blundering in the dark when dictating macro-economic policies to the government.The JVP has been accused of blundering in the dark when dictating macro-economic policies to the government. But its grip on micro initiatives seems to be much better.Its much publicized tank rehabilitation scheme is one such effort. The waterless […]

Shifting Bulge

Former Plantations Minister Arumugan Thondaman shifted baggage to the ruling Freedom Alliance, giving the government its longed for majority.Former Plantations Minister Arumugan Thondaman shifted baggage to the ruling Freedom Alliance, giving the government its longed for majority. Eight seats from the Ceylon Workers Congress will give the Alliance 114 seats in Parliament, one up on […]

State Secrets

Armed with a restraining order against a hydro project on forestland, environmental lobbies say secretive state procedures are keeping the public from getting involved.Armed with a restraining order against a hydro project on forestland, environmental lobbies say secretive state procedures are keeping the public from getting involved. The Court of Appeal on Tuesday extended an […]

Back to Barracks

Police discipline in Sri Lanka is to go back to the lap of the National Police Commission (NPC) as police behavior shows no hint of improvement under the Inspector General of Police.Police discipline in Sri Lanka is to go back to the lap of the National Police Commission (NPC) as police behavior shows no hint […]

Free Money

Laid off employees can get up to 48 months of compensation and a state dole to go home, under a newly minted labour employment formula rolled out on Wednesday. Laid off employees can get up to 48 months of compensation and a state dole to go home, under a newly minted labour employment formula rolled […]

New cuppa for kings makes the cup overflow for Sri Lanka tea maker

Inspired by a French perfumer and egged on by an English aficionado, a Sri Lankan master tea maker has revived a centuries-old Chinese tradition to make a brew that few but an emperor could afford.Inspired by a French perfumer and egged on by an English aficionado, a Sri Lankan master tea maker has revived a […]

Looking Below

Increasing competition in goods and services is requiring advertising campaigns to create bigger impacts on consumer choices.Increasing competition in goods and services is requiring advertising campaigns to create bigger impacts on consumer choices. Apart from traditional mass media advertising, companies are now showing interest in below the line activities. Advertisers are also keen to create […]

Lifting The Veil

The Central Bank sent out a detailed statement justifying its reasons for winding up the failed Pramuka Savings & Development Bank. The Central Bank sent out a detailed statement justifying its reasons for winding up the failed Pramuka Savings & Development Bank. The bank suspended Pramuka’s licence two years ago, for alleged frauds and mounting […]

Rubber tappers wages head North on boom in market prices

Workers in Sri Lanka’s rubber sector are tapping the benefits of the current price boom as a result of a Price Share Supplement (PSS) introduced in January this year in the wake of an agreement between unions and plantation management companies. Workers in Sri Lanka’s rubber sector are tapping the benefits of the current price […]

Oven Fresh

Ceylon Biscuits will expand into a bakery line in a month, even as it makes inroads with Munchee into India, dusts off old plans to go public and seriously considers real estate.Ceylon Biscuits will expand into a bakery line in a month, even as it makes inroads with Munchee into India, dusts off old plans […]

Copper Fields

Processing copper scrap for export to India is big business here in Sri Lanka. Processing copper scrap for export to India is big business here in Sri Lanka. Half a dozen companies, with Indian investment, import copper scrap, melts them and reshapes them in to bars for re-export to India where it’s used as raw […]

Oiling The Palm

Government has subsidized fuel by almost Rs.6 billion in the first 7 months of this year with the highest subsidy coming in July of Rs.1.2 billion. Government has subsidized fuel by almost Rs. 6 billion in the first 7 months of this year with the highest subsidy coming in July of Rs. 1.2 billion. Continuing […]

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