ISSN: 1391 - 0531
Sunday, October 15, 2006
Vol. 41 - No 20
 
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Financial Times

Tea Board CEO sent ‘home’
By Chathuri Dissanayake
H.D. Hemaratne, Director-General of the Sri Lanka Tea Board, was sent on compulsory leave last week by its chairman H.A.C. Abeywardene in a move that shocked the industry as the former was widely considered as an honest officer with integrity.
 
KumbukRiver - new meaning to eco-tourism

KumbukRiver is probably the world’s largest elephant-like edifice located on the edge of Yala wildlife sanctuary, bordering the lively Kumbukkan Oya at Okkampitiya in Buttala.

 
CAA to develop ‘Ruhunu Open Skies’
By Duruthu Edirimuni
The Civil Aviation Authority (CAA), is preparing to start work in areas demarcated in the south for the development of domestic civil aviation under the ‘Ruhunu Open Skies’, project.
 
PBJ - judge, jury & executioner? - SLIC-PERC issue
By Natasha Gunaratne
A sub-committee of COPE (Committee on Public Enterprises) last week, summoned officials from institutions involved in the sale of Sri Lanka Insurance Corporation (SLIC) for clarification but an important ‘witness’, Treasury Secretary Dr. P. B. Jayasundera didn’t turn up. A member of the sub-committee told The Sunday Times that the individuals who appeared before them last Wednesday "were conning to us."
 
Harry to retain Apollo name?
India’s Apollo Hospitals Chairman, Dr. Prathap Reddy is due in Sri Lanka this month for talks with business tycoon Harry Jayawardena on possibilities of retaining the name for Colombo’s Apollo.
 
Yellow Pages sues SLT
Yellow Pages and Sri Lanka Telecom (SLT), who parted company in 2002, have come back together – this time, however in court.
 
MORE FINANCIAL NEWS
More investors at Union Bank
   
Few 200 rupee notes still around
   
Tea sector jolted again
   
The energy crisis – towards an independent future
 
Bangladesh bankers to the poor win Nobel Peace Prize
 
Revamp needed for Samurdhi welfare scheme
 
Tata Tea may divest stake in Sri Lankan plantation
   
Gift of sight for the underprivileged
   
Heavyweights back at Bates Asia
   
Coco diesel promotion: Detailed study necessary
   
Malwatte Valley Plantations wins prestigious award
 
National consensus welcome on peace, social issues
 
Mihiru Perera wins World Prize for CIM case study
 
Janashakthi Insurance clinches record number of gold at SLIM awards
 
Sri Lanka’s top garment exporter recycles water
Sri Lankan companies opening up to the disabled
 
Former TRI director at helm of new tea advisory firm
 
Has Renuka City's Thambiayah set a dangerous new trend - letter
 
CB issuing Rs 2000 note
 
Keangnam's 'Dawson Grand' to grace Colombo's skyline
 
Kelani Cables launches street drama team
 
Hemas wins award for SAP Excellence
 
LMF posts Rs.20.8 million profit in first Q 2006-07
 
Sri Lanka First applauds SLFP-UNP pact
 
Aramex wins top international award
 
Centre for Nanotechnology being considered
   
FCCISL welcomes SLFP–UNP MoU
   
Standards: big benefits for small business
   
Panora, a definite leader in the Sri Lankan IT arena - Education Minister
   
Former HSBC staffer Piyaratna returns to banking
   
CCC prepares to explore South African market
   
Ceylon Oxygen changes hands, new owners
   
Activated carbon: Confusion in the Supreme Court
   
Unbeatable offers from SriLankan Airlines
   
Sri Lanka’s premier R & D facility moves on to bigger things
   
Education Ministry, Microsoft in JV to launch Teacher PC
   
Export earnings up, imports too up in August
   
BPA says need for regional economic growth
   
Rave reviews for mega motor show
   
Unique Suntel stall at INFOTEL 2006
   
Insanity of the private sector!
   
SEC probe against former Nawaloka director still on
   
UNP-SLFP deal removes biggest pitfall in Lankan crisis
   
Of coconuts and accountants
   
Columbia Professor Phelps wins Nobel Prize in Economics
   
CB interest rates unchanged
   
Braille telephone bills for the disabled
   
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