Articles

Gradient Alliance News Bulletin – November 2015 The only source for a roundup of key Sri Lankan News. Economic News Budget ’16: Record income and high health & edu. spend. Sri Lanka improves to 61st in the Prosperity Index. Prime minister unveils medium term policies for Sri Lanka. Private sector credit growth continues to significantly rise. ASPI closes at 6,909.15 in Nov. (-1.9% MoM). Business News Tourist arrivals in Oct. up 8.8% YoY to 132,280. Vehicle reg. up 10.6% YoY in Oct., LTV confusion remains. Tea crisis compels Tea Board to buy at Rs.430/kg. Business sentiment index drops to 158 (-46 pts MoM). Consumer News Nielsen consumer confidence index at a record 89 (+2 pts). Oct. inflation at 3.0% YoY under the new index. New Maximum Prices set for six essential consumer items. Gradient Alliance News Bulletin – November 2015 ...

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Palmera Projects Cookbook – HANDMADE Food is their life and a language they are at ease with. So what better way to tell their story than through food? So much more than just a cookbook, HANDMADE tells the stories of 34 women of Sri Lanka, in the time of war, before and after, through food. With beautifully transcribed stories and exquisite photography, HANDMADE, gives you the opportunity to engage with these women, to be inspired by their creativity and strength, and to savour new foods. HANDMADE is a 250 page coffee table book which was produced by Palmera, a grassroots not for profit organization strengthening economic opportunities & building thriving village economies for rural entrepreneurs & young people. And we’re pleased to say 100% of all profits from the sales of HANDMADE will be reinvested in rural women entrepreneurs in Sri Lanka HANDMADE brings us closer to women we may never ...

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In Sunday Leader Cutting Down On Meat Means Cutting Down On Unhealthy Fat By Dr Harold Gunatillake The most damaging fats in meat are saturated fats, mainly found in animal products such as red meat. Trans-fat created by adding hydrogen is also found in cooked meat products. You don’t have to cut down red meat totally and become a vegetarian, but consume meat in reduced quantities to cut the bad effects of eating meat. Keep consuming meat to a minimum. Try to keep the total amount of meat in your diet to no more than fifteen percent of your total calories. Ten percent is even better. Eat red meat only occasionally. Red meat is high in saturated fat, so eat it sparingly. Reduce the portion size of meat in each meal. The portion should be able to fit in the palm of your hand. Trim the fat off of meat ...

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NSB’s 9-month pre-tax profit up 31% to Rs. 9.1 b   Savings giant NSB yesterday reported a profit before tax of Rs. 9.1 billion for the nine months ended 30September and impressive growth of 31% as compared to same period last year. “The profitability for nine month period was mainly fuelled by the growth in traditional lines of business, ” NSB said in a statement. The net interest income of the bank increased to Rs. 20.6 billion,which is an increase of 38% as compared to corresponding period of last year. As the interest income of the bank grew by 7% to reach Rs. 58.4 billion, while interest expenses recorded a decrease of 5% mainly due to re-pricing impact of fixed deposits and increase in normal savings base during the period under review. The profit after tax was reported at Rs. 5.6billion for the nine months ended 30September. These profits were ...

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Ven. Maduluwawe Sobitha and The Imperatives Of True Tribute November 18, 2015 | Filed under: Colombo Telegraph, Opinion | Posted by: COLOMBO_TELEGRAPH By Krishantha Prasad Cooray I first met Ven Madoluwawe Sobitha Thero almost a decade ago, through my father-in-law Padmavarna Wijayatilake. The first impression marked me. There was an aura about Sobitha Hamuduruwo. That’s why when a friend, Martin Pieris, wanted to write a book about prominent Sri Lankan personalities, I said that Sobitha Hamuduruwo not only has to be in it but deserves to be featured in the cover. In all my encounters thereafter the impression I had of Sobitha Hamuduruwo as a visionary and a fearless leader who could mobilize people to a just cause was reaffirmed time and again. He had a good understanding of the state of things in the country. He had a vision of what this country could be and he had a road ...

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In Sunday leader Why is Stroke so Common in Sri Lanka? By Dr Harold Gunatillake Health Writer According to the Consultant Neurologist in Sri Lanka 1 in 100 people in Colombo has had a stroke. Prevalence of such a ratio is unbelievable and people, young and old should take notice of its seriousness. Stroke in young adults is more common in India and Sri Lanka and the reasons for this are not well understood, according to a paper presented by Ranil De Silva, MBBS, MPhil,* Ranjani Gamage, MBBS, MD, MRCP,†Chandika Wewelwala, MBBS,*Dinusha Gunarathne, MBBS,* Steven Kittner MD, MPH,‡ Dharshan Sirisena, MBBS, MD,†Anura Weerasinghe, MBBS, MD, PhD,§ and Priyani Amarasinghe, PhD// It is considered a preventable disease, and why so many are affected is difficult to understand. Let’s discuss some risk factors. Stress factors In Sri Lanka, people of the low socio-economic group lead an over-stressed life with acceptance in accordance with ...

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