ISSN: 1391 - 0531
Sunday September 2, 2007
Vol. 42 - No 14
 
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Wijeya Pariganaka
Financial Times

Building a new empire  

Ashok Pathirage, who burst into Sri Lanka’s corporate scene by pioneering Softlogic, and took over Asha Central Hospital this week, has come a long way since the 1990’s by taking on the likes of business tycoon Harry Jayawardena and successfully beating him at his own game.

 
Mucking up the economy

Rising cost of living, printing money, inflation, depreciating rupee, foreign loan saga, corruption … the economic muddle that Sri Lanka is in seems endless.The United National Party is taking the government head-on in a clash over the US$500 million commercial loan threatening to stop repayments and not honour the loan commitments if and when it comes to power.

 
Ronnie Peiris finally coughs up tax payment

UK based businessman Ronnie Peiris has settled a tax probe by the Inland Revenue Department to the tune of Rs. 60 million and more over the controversial Waters' Edge Golf Club land transaction initiated during the administration of former President Chandrika Kumaratunga.

 
Dollar hits Rs 113; dealers assured no more pressure from CB

Just as the dollar hit the Rs 113 barrier on Wednesday, forex dealers were assured by the Central Bank that the latter will not pressurise banks on foreign exchange trading and allow free operations, enabling the market to stabilise.

 

Lankan investors invited to start JVs in Myanmar
   
Ads on 3 wheels
   
Lankan PM to visit Poland
   
Offshore oil and production sharing contracts
   
Unwritten laws of ‘Natural Governance’
 
Ceylinco Insurance puts critics “On the Spot”
 
DFCC Vardhana Bank’s new mortgage loans
   
Foreign employment of housemaids at any cost - letter
   
Wake up regulators - letter
   
Happy living with mobile phones - letter
   
EFC launches the Association for Dispute and Conflict Resolution
 
Sri Lanka focus at Global SMEs 2007 – KL
 
Kandy business leader expresses concern over law and order
 
World renowned speakers at SABB
 
Final call by SC on SLT tariff revision
 
Back to Business project
 
Rs.1.8 billion new hospital launched by Durdans
 
75 diamond pendants to be won from Arpico super centres
 
USAID Matara market restoration project
 
Fitch Ratings affirms HDFC product
   
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CIMA, ICTA in MoU to promote BPO industry
   
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Winning friends and charting a future
   
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AAP recognized by London Chamber of Commerce
   
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Falling rupee not due to economic fundamentals
   
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Valuable award for Ranliya
   
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MLM just like stockmarket investments
   
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Windfall for some, massive burden for others
   
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National IT-BPO career guidance fair from September 1-2
   
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Lifestyles that kill us softly
   
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Fair value a paradigm shift
   
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‘Effectiveness’ and ‘Fairness’ the key challenges
   
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Security challenges in the airline industry
   
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Corporate governance code for banks- CB
   
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Apollo trying to influence Customs on behalf of Periceyl
   
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Govt. asks CTC farmers to plant maize with tobacco
   
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Training in hedging solutions
   

Copyright 2007 Wijeya Newspapers Ltd.Colombo. Sri Lanka.