The Board of Investment (BOI), Sri Lanka’s premier investment promotion agency, is to be abolished.
It will be replaced by a new agency, which a Finance Ministry official said, would have wider powers to create a “globally competitive investment climate”.
More startling revelations of lands acquired by Air Force Commander Roshan Gunatilleke in the Knuckles conservation zone, have emerged after the Sunday Times exposure last week. The Air Chief owns a total of 80 acres in the conservation zone in violation of the country’s land reform laws. According to the Land Reform Law, possession of more than 50 acres by a family (husband, wife and children under 18 years) is illegal.
‘Is this art or bull---t?’ begins Asgar Hussein’s short story collection, The Mirror of Paradise, in ‘A Tale of Two Artists’, a satire on the pretentions of the Colombo art scene. The reader may well ask the same question of Asgar’s writing – is this art or bull---t? While there are elements of both in these 13 stories, the truth is ultimately neither.
OSLO - The International Monetary Fund (IMF) said this week that Sri Lanka’s financial situation hasn’t improved as fast as expected and the Fund was reconsidering (restructuring) its Stand By Arrangement (SBA) programme to help put the economy back on track.
As we enter this new millennium, many believe that adult learning will play a crucial role in determining individual and collective economic and social success. Indeed, there is a general view among economic and education commentators and policy makers that all countries could secure a comparative advantage and .....
After his impressive performance for the English county Northamptonshire, Sri Lanka’s veteran seamer Chaminda Vaas -- the most successful bowler after Muttiah Muralitharan -- is training with the national squad which is preparing for the tour of Australia next month.
To the uninitiated, the most obvious change in a pregnant woman is the appearance of a big baby bump. But a rapidly expanding waistline is only one of the changes your body will undergo through the next 37 – 42 weeks. Stretch marks? Weight gain? Heartburn?
For the past fortnight, we have been writing about concerns that the country is heading towards absolute rule following the Government's decision to rush through with the 18th Amendment to the Constitution.
Barring a minor glitch, the take off from the Bandaranaike International Airport for President Mahinda Rajapaksa on Wednesday morning was smooth. The glitch came when two passengers, earlier living in the north, refused to be body searched during security checks. One, now a British passport holder yielded and another, a female chose not to take the flight.
I thought I must write to you not only because it would have been your one hundred and fourth birth anniversary had you been around still, but also because there is a lot of talk about you these days, all because of the Constitution you masterminded some thirty two years ago.
The Portuguese called it Ilha das Vacas, the Dutch called it Delft. Locally it is known as Neduntivu. Situated in the Palk Straits, north-west of Jaffna, this island, famed for its wild ponies is the largest in the Palk Strait, estimated to be 4717 hectares, 8 km long and 6 km across.
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