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Governor's bond tender interference would make us go naked: Sri Lanka central banker | Economynext

Governor's bond tender interference would make us go naked: Sri Lanka central banker | Economynext: A Presidential Commission is inquiring into so-called bondscams, involving allegations that the auction was one of several in 2016 and 2016 that was rigged to benefit Perpetual Treasuries, a firm connected to Mahendran's son in law. Mahendran has denied wrongdoing.

Assistant Governor C Karunathilake said at a bond tender committee meeting, the Department of Public Debt officers had presented a sheet showing 10 billion rupees of bonds to be sold when only a billion was advertised.

Bonds were accepted at rates around 11.7 percent when market rates at the time was around 10 percent, he said.

Assistant Governor Sepala Ratnayake had objected.

Karunathilake said he shared the concerns of Ratnayake though they were not voiced. He felt other members of the tender board also felt the same.
Governor's bond tender interference would make us go naked: Sri Lanka central banker | EconomynextSocialTwist Tell-a-Friend

Sri Lanka CB a 'mess' after Mahendran shuffled staff, de-stabilizing system: bondscam inquiry | Economynext

Sri Lanka CB a 'mess' after Mahendran shuffled staff, de-stabilizing system: bondscam inquiry | Economynext: Sri Lanka's central bank was a 'mess' after ex-Governor Arjuna Mahendran had de-stabilized the decision-making system for bond sales with unprecedented staff transfers, a commission inquiring into allegations of securities fraud in 2015 and 2016 was told.

State attorneys told a Presidential Commission of inquiry that an 'innocent officer' had been made the head of the Public Debt Department that sold government bonds ahead of Mahendran's interference in the decision-making process of its tender board.
Sri Lanka CB a 'mess' after Mahendran shuffled staff, de-stabilizing system: bondscam inquiry | EconomynextSocialTwist Tell-a-Friend

Mid-day heat: Protect students: Akila tells school principals - Daily Mirror - Sri Lanka Latest Breaking News and Headlines

Mid-day heat: Protect students: Akila tells school principals - Daily Mirror - Sri Lanka Latest Breaking News and Headlines: He said the they should pay attention to the students’ health and should instruct them to drink more water to remain dehydrated and added that students should be asked to wear caps and use umbrellas to protect themselves from the sun.

Government and Government-approved private schools will begin their second term today.

“Principals should see that the school water tanks are cleaned regularly so as to provide safe drinking water to students and make the school environment pleasing and safe,” the minister said.

On an earlier occasion the Education Ministry instructed school principals to clean their school premises by eradicating dengue mosquito breeding sites.

It had authorised school principals to obtain assistance from parents, past students' unions and school development committee members to keep school premises safe.
Mid-day heat: Protect students: Akila tells school principals - Daily Mirror - Sri Lanka Latest Breaking News and HeadlinesSocialTwist Tell-a-Friend

Is Sri Lanka fast becoming a perverts’ paradise? Land like No Other !!!

HSBC - Is Sri Lanka fast becoming a perverts’ paradise?: A few years back, I was in Negombo with my wife and son, visiting friends who own a beach hotel. They went for a walk from the hotel to the shore, while I was enjoying a beer at the bar with my friends. My wife was completely dressed, only shoes off and pants rolled up to half calf. There was a concert going on at the public beach nearby, so there was a large crowd there, and many people swarming around. At some point one bypasser moved towards my wife and touched her breast. My 12 year old son tried to chase the culprit as he ran into the crowd at the concert. My wife ran to me in shock and told me what was happening. I went to take my son out of the crowd before something worse could even happen.This is just one episode which didn't turn dramatic, but the shock for a woman to be harassed this way is really huge. It's really sad to see how they do not understand that it's the best way to drag the international reputation of the country and its population down the loo." - Giuseppe�
Is Sri Lanka fast becoming a perverts’ paradise? Land like No Other !!!SocialTwist Tell-a-Friend

Arrest warrant issued on ex-cricket captain Dilshan for avoiding Kid's Maintenance

Arrest warrant issued on ex-cricket captain Dilshan | Daily News: Dilshan has failed to pay the monthly maintenance fee of Rs.20,000 and the insurance of his child from his previous marriage.

When the Magistrate took up the maintenance case filed against Dilshan by his former wife Nilanka Withanage, he was not present in Courts.

His lawyers informed the Courts that their client was overseas participating in a cricket tournament, but the lawyers of the aggrieved party established that he was in the country.
Arrest warrant issued on ex-cricket captain Dilshan for avoiding Kid's MaintenanceSocialTwist Tell-a-Friend

Sri Lanka's IOC unit keeps economy oiled. Public saved from CPC Political Thugs

Sri Lanka's IOC unit keeps economy oiled | Economynext: Lanka IOC, a unit of Indian Oil Corporation is maintaining deliveries to its network of fuel stations, a top official said as pumps ran dry in distributors of state-run Ceylon Petroleum Corporation amid a strike.

Lanka IOC owns operates about a third of the retail fuel market in the country, after a monopoly of the CPC was broken in a privatization drive, vastly improving the quality of fuel and fuel stations.

A common user facility Ceylon Petroleum Storage Terminals, in which Lanka IOC, which operates in Colombo has also been hit by strike action.

An LIOC official said the firm was transporting fuel from a tank farm in Trincomalee in the north east of the country.
Sri Lanka's IOC unit keeps economy oiled. Public saved from CPC Political Thugs SocialTwist Tell-a-Friend

Lasith Malinga in Sri Lanka squad for Champions Trophy | Cricket | ESPN Cricinfo

Lasith Malinga in Sri Lanka squad for Champions Trophy | Cricket | ESPN Cricinfo: 18

� ESPNcricinfo Ltd
Lasith Malinga, who last played an ODI in November 2015, has been named in Sri Lanka's 15-man squad for the Champions Trophy in June. Angelo Mathews also returns to the squad, having missed the ODI series against South Africa, the tour of Australia and the home series against Bangladesh due to a hamstring injury, and will lead the side. Chamara Kapugedera, who has not played an ODI since January 2016, has also been included in the side.
Lasith Malinga in Sri Lanka squad for Champions Trophy | Cricket | ESPN CricinfoSocialTwist Tell-a-Friend

Sri Lanka petroleum trade union says strike will boost economy using idiotic theory

Sri Lanka petroleum trade union says strike will boost economy | Economynext: "Each day, people in Sri Lanka burn about 1,400 million rupees of fuel. By not sending a single bowser (oil tanker) out of Kolonnawa (distribution point), we will save all that money for the country," Rajakaruna told reporters.

That import are 'bad' along with trade deficits is a false Mercantilist doctrine that is widely believed Sri Lanka and is also spread by some 'economists'.

Nationalists and import substituting rent seeking businesses have amplified the idea to sell overpriced goods to the poor and exploit all consumers from behind large protectionist import duties and oppose free trade.

Official sources maintained that there would be no disruption as only a few extremists had threatened to disrupt fuel distribution and there was no need to panic and top up fuel tanks.
Sri Lanka petroleum trade union says strike will boost economy using idiotic theorySocialTwist Tell-a-Friend

I could’ve gone blind if not for Arjuna – Prof. Ariyaratne

I could’ve gone blind if not for Arjuna – Prof. Ariyaratne - Ceylontoday.lk: T. Arjuna, passed away last week. Here we reproduce the speech delivered by Prof. Sunil Ariyaratne at the funeral.

During his life of 75 years, Arjuna never talked about himself. Nobody else spoke about Arjuna either. Therefore, this speech delivered after his death is the first speech about him. It can be the last speech about him too.
I remember that Arjuna was felicitated only once in his life. It was 10 years ago. A national reconciliation week was held with the collaboration of Universities of Sri Jayewardenepura and Jaffna, and the South-eastern University. At that event, T. Arjuna was called as the chief guest to felicitate him.

In fact, Arjuna was the strongest and purest symbol I have come across in terms of national reconciliation. One likes him who has shown the importance of national reconciliation is not even present at the Ministry of Reconciliation. Many of them have at least a pinch of Sinhala or Tamil racism in them.
I could’ve gone blind if not for Arjuna – Prof. Ariyaratne SocialTwist Tell-a-Friend

New Silk Road Or New Great Game? India Developing New Sri Lanka Port To Combat China

New Silk Road Or New Great Game? India Developing New Sri Lanka Port To Combat China: Other global powers are now being pressured to invest in a third party countries in an attempt to keep up with a rapidly internationalizing China, and this is one of the forces that is ultimately bringing the New Silk Road together. It has become very clear to Russia, India, Japan, etc, that if they don’t built it, China will, and countries like Kazakhstan, Serbia, Bangladesh, and Sri Lanka are cashing in on this new great game.

Looked at another way, China is having huge portions of its “Belt and Road” built for them.
New Silk Road Or New Great Game? India Developing New Sri Lanka Port To Combat ChinaSocialTwist Tell-a-Friend

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