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Rohitha denies any wrongdoing in hotel construction near Sinharaja

Galle Face protesters ask for probe in terms of Money Laundering Act By Shamindra Ferdinando The Sarvapaskshika Aragalakaruwo (All-party Agitators) of the Galle Face protest movement has lodged a complaint with the Criminal Investigation Department (CID) seeking an investigation into Rohitha Rajapaksa’s ownership of ‘Green Eco Lodge’ hotel situated at Gongalakanda, Kolonna, in Embilipitiya, close […]

An economic roundtable towards a consensus: A response

At the very beginning, prejudices should be shunned away. Based on scientific experiments, behavioural economists show that there are strong biases in the human mind. Due to these biases, humans sometimes make decisions that would harm themselves. Therefore, if there is going to be an economic roundtable, we should go and sit there, being free […]

SriLankan Airlines told to get its act together and stop the bleeding

COLOMBO, Sri Lanka – The board of directors at loss-making SriLankan Airlines has been told to ‘perform or quit’ if the airline doesn’t return to profitability soon. COLOMBO, Sri Lanka – The board of directors at loss-making SriLankan Airlines has been told to ‘perform or quit’ if the airline doesn’t return to profitability soon. Not mincing his words, Public Enterprises Development Deputy Minister Eran Wickramaratne warned this week that the national carrier should get its act together and stop the bleeding (losses) within two years and then show a growth path. “I will not accept a budget which shows five years of continuous losses. Those who are managing the company and who are on the boards of the company need to take responsibility (or leave),” he told a pre-budget panel discussion organised by the Sunday Times Business Club (STBC) on Monday at the Cinnamon Lakeside Hotel. The airline comes under the purview of Mr. Wickramaratne’s ministry.

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