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Mirror Business interview with Prof Arusha Cooray Lack of fiscal discipline has plagued Lankan governments over the years: economist – Dr. Arusha Cooray Mirror Business conducted an email interview with Dr. Arusha Cooray, the Lankan born Professor of Economics at the Nottingham University Business School (Malaysia), over the current economic situation of Sri Lanka. Dr. Cooray’s work is widely published and she is one of the leading academics in the field of economics Sri Lanka has produced. Sri Lanka’s economy is currently undergoing extremely testing times amid depleting foreign reserves, an unsustainable debt pile and a looming balance of payment (BoP) crunch. The bad economic policies of successive governments are at fault for the current predicament the country is in, but the present global economic developments also haven’t been in favour of the US $ 82 billion economy. Following are the excerpts of the interview. What is your opinion of ...

Apr 11, 2016 Posted by admin In Articles Tagged Arusha Cooray, International Monetary Fund, Nottingham University Business School (Malaysia), Prof Arusha Cooray, Professor of Economics, Professor of Economics at the Nottingham University Business School, Professor of Economics at the Nottingham University Business School (Malaysia), Sri Lankan economy, Sri Lanka’s economy, status of the Sri Lankan economy

KRISHANTHA COORAY ASSUMES DUTIES AS CHAIRMAN OF HILTON COLOMBO OWNING COMPANY

KRISHANTHA COORAY ASSUMES DUTIES AS CHAIRMAN OF HILTON COLOMBO OWNING COMPANY Krishantha Cooray has finally assumed duties as the new Chairman of Hotel Developers (Lanka) Plc, the owning company of Hilton Colombo. Cooray is a private sector executive counting years of experience in the corporate sector and an academic background in Political Science and Law. He also serves on the Board of DFCC Bank. His appointment to Hilton Colombo’s owning company was announced late last year but subsequent events forced a delay in him assuming duties. Apart from Cooray, several others have been appointed to the Hotel Developers new Board along with a few re-appointments from the previous Board, which was constituted by Finance Minister Ravi Karunanayake when Hotel Developers came under Finance Ministry during the interim Government’s cabinet. With Hotel Developers brought under Ministry of Public Enterprise Development, Minister Kabir Hashim and the Prime Minister late last year requested ...

Apr 11, 2016 Posted by admin In Articles Tagged Board of DFCC Bank, CHAIRMAN OF HILTON COLOMBO, Chairman of Hotel Developers, KRISHANTHA COORAY

Tony’s Garden Services – Lawn mowing from $35

Our Services Your lawn, Your Way! We believe that everyone deserves to have their lawns mowed at a “Reasonable Price” That is why at Tony’s we offer a price depending on the size of your garden. We will give you a price upfront and the service will include mowing, edges, and the nature strip. Pruning & Hedging We offer you lawn mowing, hedge trimming, weed control. pruning, and overall care for your own gardens, investment properties, churches, body corporates and large Government and Private organizations in Sydney We would love to make your hedges and bushes neat, tidy and shapely. These too would be done at a very reasonable price. Send Tony a text on 0474779121 and request a quote. You will be surprised with the price. At Tony’s we believe that your home is your castle and each one will have different needs when it comes to his or ...

Apr 8, 2016 Posted by admin In Classifieds Tagged and overall care for your own gardens, hedge trimming, lawn mowing, make your hedges and bushes neat, Pruning & Hedging, reasonable price, tidy and shapely, Tony, weed control. pruning

Ralph’s Property Investing Newsleter April 2016

Ralph’s Property Investing Newsleter April 2016 Ralph Cartwright Property Mentor & Team Leader P 02 9548 1074 M 0416 030 872 F 02 9548 5714 Property Club | Smith Branch www.propertyclub.com.au Ghost Houses – A National Scandal Well, that is the tack taken by the mainstream media who, as usual, like to scare people with their headlines, however innapropriate. Here is a link to the ‘story’, which broke on Easter Monday in the SMH and was reported in most news outlets the following day. A couple of researchers from the The UNSW’s City Futures Research Centre wrote a report claiming that based on 2011 census data, there were 90,000 vacant properties. They then tried to draw a link by claiming that “perverse” tax incentives were encouraging investors to leave tens of thousands of homes empty in Australia’s most desirable suburbs, adding fuel to the housing affordability crisis. They were correct ...

Apr 7, 2016 Posted by admin In Articles Tagged Property Club, Property Mento, Ralph Cartwright

Dharmasena commended by ICC for spotting grassed catch

Dharmasena commended by ICC for spotting grassed catch On Sunday, the West Indies stunned the cricketing world with their come from behind victory against England in the finals of the ICC World T-20 at Eden Gardens in Calcutta. Barbadian Carlos Brathwaite and Jamaican Marlon Samuels were the stars in West Indies’ win. However, victory wouldn’t have been possible for West Indies if not for Sri Lankan umpire Kumar Dharmasena. West Indies had made dreadful start losing three wickets for just 11 runs and the game looked well beyond their reach when Samuels was given out caught behind by umpire Rod Tucker. Samuels walked off with the scoreboard reading 37 for four. However, Dharmasena the leg-umpire was suspicious given the way wicketkeeper Josh Buttler had collected the catch. Dharmasena, a member of Sri Lanka’s 1996 World Cup winning team, had encouraged umpire Tucker to verify the catch, but Tucker had responded ...

Apr 7, 2016 Posted by admin In Articles

Health and Views April 2016 1st Issue

Health and Views April 2016 1st Issue Click here to read more Health & Views April 1st issue ...

Apr 5, 2016 Posted by admin In Articles

Gradient Alliance News Bulletin March 2016

Gradient Alliance News Bulletin March 2016 The only source for a roundup of key Sri Lankan News. Economic News Sri Lanka to borrow another USD 3bn. Taxes galore as govt struggles to make ends meet. Port City back on, its official. Sri Lankan economy grows a slow 4.8% in 2015. Stock market closes at 6, 071.88 in March. (-1.9% YoY). Business News Tourist arrivals in Feb. 2016 up 19.4% YoY to 197, 697. Vehicle reg. falls 25.4% YoY in Feb. 2016. Tea production drops to 22.9m kgs in Feb 2016. Business sentiment index falls to 138 in Feb. (-13 pts MoM). Consumer News Consumer confidence index falls to 65 (-5 pts MoM). Inflation rises 1.7% YoY in Feb. 2016. Prima wheat flour prices increased. Body Shop comes to Sri Lanka. Gradient Alliance News Bulletin – March 2016 ...

Apr 1, 2016 Posted by admin In Articles

Coconut Story – Why You Should Eat

Coconut Story – Why You Should Eat ...

Mar 31, 2016 Posted by admin In Articles

A Positive Boost for Coconut Oil

A Positive Boost for Coconut Oil By Health writer –Dr Harold Gunatillake Coconut oil is been given damaging reports again, as an unhealthy cooking oil for daily use, due for its misguided association with saturated fat.Dietary guidelines inevitably fail to distinguish between different kinds of saturated fats and insist that saturated fats (meaning all saturated fats) are harmful. ...

Mar 31, 2016 Posted by admin In Uncategorized

Handle Food Safely

Handle Food Safely by Dr Harold Gunatillake Health writer Cook food to a safe internal temperature to destroy any harmful bacteria In the U.S. the Centre for Disease Control (CDC) estimates that because of food borne illness 76 million people fall ill, 325,000 are hospitalized and over 5,000 Americans die annually. Food contamination in Sri Lanka is prevalent in the home kitchens and food outlets, restaurants, way side hot food joints and even among the vendors who sell raw food on the way side and in carts, exposed to flies and road dust. This is inevitable and not preventable as most of our people in catering and in market place wouldn’t know what personal hygiene is. You just have to visit a toilet in most restaurants and eating houses and most of us wouldn’t dare to eat their food. The toilet would be the least place they would even think ...

Mar 30, 2016 Posted by admin In Articles