The end of Sri Lanka’s bloody conflict not only brought peace to the country but has almost wiped out the ‘Hawala’ or illegal banking channel that Tamil rebels used extensively as a means of raising money for their cause, a top banker said this week.
Crisis-hit Dankotuwa Porcelain Plc, grappling with a combination of a restive workforce and continuing losses for many years, was recently confronted with a fresh problem: climate change. The company’s raw material supply was affected after clay production slowed down in China due to unusual heavy rain that flooded mines.
