Not done chaps!
India’s IT guru, often considered among the best in Asia too, was here recently on a whirlwind visit organised by IT-dedicated persons at the President’s Office. But on the day of the event, another state agency stole the show claiming in a full page ad that it was behind the event. Not done, chaps… not done!
Enemy, now foe
Hurrah for the oil hedging types. Luck seems to be on their side. Money talks and the former chief legal luminary was hired by one of the banks for a fat fee – to fight for the rights of payment from CPC. Isn’t this a conflict of interest? This reminds us of a true story from India where one of the chief proponents of the nuclear age fought against stiff opposition from the NGO types opposing nuclear armament. When the man retired from public service, what did he do? Join the main anti-nuclear NGO and now is singing a different song. Just like a politician.
Feeling the pinch
The big ‘fellow’ in the telecom field, like many others in the struggling business environment today, is feeling the pinch. They have set up their own media house – creative, PR and all – and the rest of the ad boys, who made millions on that account are wondering whether another tsunami has hit them.
Super or cheap!
Has the superb brand turned sour? Not so, say insiders, because this has been the case for many years. Want to be recognised as the best brand? Then fork out more than a million bucks for recognition. Should recognition be bought or appreciated by the public – at no cost? Some of the big guns in the business with household brands have shunned these guys saying “our brands are well known by the public … why pay to be recognised”.
Too many ministries? What to do!
When the affable Minister-politician Sarath Amunugama was addressing some hot-heads in the business community this week, the question was asked why state spending and the number of ministries cannot be curtailed.
Amunu’s stock reply: “It’s the electoral system, if you don’t reward them (politicians) they leave. This is the problem with the PR system where no one can get a proper working majority to govern. During Chandrika Kumaratunga’s administration with the JVP, the ministers were cut to 20-30 from 40 and a few months later the government collapsed.”
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