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Avant Garde owes Navy Rs. 1.7 billion: AG’s advice sought

Avant Garde owes Navy Rs. 1.7 billion: AG’s advice sought

The Ministry of Defence will consult the Attorney General for advice on how to recover more than Rs. 1.7 billion rupees due from Avant Garde Maritime Services Limited, the Cabinet of Ministers were told last week. This amount, President Maithripala Sirisena, who is the Minister of Defence, has said was due to the Sri Lanka [...]

Criminal Justice Commission likely to punish big racketeers

Criminal Justice Commission likely to punish big racketeers

Bipartisan group of ministers make proposals to Cabinet to expedite probe on corruption and fraud cases Central Bank bond issue also to be included Ravi proposes legislation for foreign money to be brought back,but no concessions for secret account holders By Our Political Editor A formidable section of the Cabinet of Ministers have favoured the [...]

All hands on deck

All hands on deck

My dear Navy Commander, I thought I must write to you because you seem to be in the news these days, just when we thought that the worst thing the chief of an armed force or the police could do was to take a telephone call and give an assurance that someone will not be [...]

Balance of payments surplus as increased remittances and tourist earnings offset large trade deficit

Balance of payments surplus as increased remittances and tourist earnings offset large trade deficit

Despite a large trade deficit in the first eight months of this year, the current account of the balance of payments is in surplus by US$ 1.5 billion. Increased workers’ remittances together with higher tourist earnings during the first eight months exceeded the trade deficit to achieve this current account surplus. Trade balance Central Bank [...]

Colombia’s example and our calamitous blunders

Colombia’s example and our calamitous blunders

There is a reason why the peace deal of the Colombian Government with the Revolutionary Armed Forces of Columbia (FARC) became a reality despite formidable obstacles. Credited with brokering the deal and bringing to a close, one of the deadliest and longest-running civil wars in Latin America, Colombia’s President Juan Manuel Santos,Nobel Peace Prize Laureate [...]

Join us in the mission to supply quality food

Join us in the mission to supply quality food

We all have our duties, obligations, good practices and customs, whatever our religion or culture be. Many who talk about what is due to them have forgotten the benefits we receive in life. People who are trying to reach the pinnacle of development should be shown the way to protect and nourish development. If the [...]

Did the Phantom of the Port scupper the Navy Chief’s Saturday brunch?

Did the Phantom of the Port scupper  the Navy Chief’s Saturday brunch?

Dogged by crisis after crisis, jinxed Hambantota harbour submerged in another unwanted turmoil Let’s face it. The Hambantota Port certainly seems to be jinxed. Ever since Mahinda Rajapaksa gave effect to his dream to raise Hambantota to its old glory days as the premier port city of Magampura, some brooding phantom, sleeping on its sea [...]

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