CATEGORIES

NDB rights issue fully allocated, private placement for Rs.1.5bn expected

Following the rights issue and private placement, the bank is expected to add Rs.9.5bn in Tier I capital

Calcey Technologies certified as Great Place to Work

Calcey Technologies was certified as a great workplace by the independent analysts at Great Place to Work in Sri Lanka.

Rights issue, private placement to almost double NDB's loan growth: First Capital

First Capital Research forecasts NDB’s loan book to expand by 14% in 2021 and 2022. A 14% growth translates into Rs.62bn in net credit, nearly double the amount NDB gave in 2020

PROVINCES TO BE SEALED OFF THIS WEEK

President instructs authorities to impose travel restrictions between all provinces until May 30. NO ISLANDWIDE LOCKDOWN BUT STRICT TRAVEL BANS BETWEEN PROVINCES. ONLY ESSENTIAL SERVICES, FOOD TRUCKS, APPAREL WORKERS TO GO THROUGH. EID PRAYERS IN MOSQUES CANCELED. NUMBER OF PATIENTS EXPECTED TO DOUBLE IN COMING DAYS. The Health Ministry has urged people to follow all health protocols and leave homes only if necessary

Lankan housemaid hacked to death in Kuwait

A 39-year-old Sri Lankan woman working as a domestic aide in Kuwait was hacked to death by an Ethiopian housemaid.

Fertilizer Import Ban Will Affect Tea Industry: SJB

The real situation is that the government does not have funds to import fertilizer

Govt. Hopes To Pass The Bill With Amendments On May 18 Or 19

Colombo Port City Economic Commission Bill. Will include whatever amendments the SC may make. Also will seek the support of the opposition. The project will bring an extra 80 million dollars additional GDP and generate around 100,000 jobs

Palm Oil Dispute With Indonesia, Malaysia Resolved- Minister

Dispute was settled since Sri Lanka agreed to permit imports of refined, quality palm oil

South African Smuggling Cocaine In Shampoo Bottles Nabbed By BIA Customs

Suspect had received the stock of cocaine from a person in Addis Ababa, the Ethiopian capital

SDB Bank Almost Triples 1Q Profits

Sanasa Development Bank PLC (SDB bank) nearly tripled its profits in the three months ended in March 2021 (1Q21) on robust growth in loans, but the bank is running thin on capital adequacy and liquidity buffers without fresh capital being infused in order to maintain the growth momentum.

POLITICAL POWER AMIDST DEFICIT IN POLITICAL LITERACY

Once during cross talks over the Central Bank bond scandal at the Western Provincial Council during the last government, Niroshan Padukka, a United National Party (UNP) member was repeatedly disturbed by the then United Peoples Freedom Alliance (UPFA) members. He took his seat after challengingly saying that he would give five minutes from the time allocated to him for any UPFA member to explain the bond scam over which they were shouting. An uneasy silence followed for a few minutes before the UNP member continued his speech, this time with less interruption.

LIFESPAN BETWEEN 8 AND 32 YEARS

We have discussed in two previous articles Balarishta, the planetary combinations that cause death between birth and eight years of age.

ROLE OF THE SOVIET UNION IN A GREAT VICTORY

SECOND WORLD WAR

POLICE-PUBLIC RELATIONSHIP

The saga of a police officer high-jumping over the body of an errant lorry driver, coming hot on the heels of a similar act of cruelty at Paliyagoda where the son of a President’s Counsel was badly manhandled by the police within the very precincts of a police station offers no edification for the general public to form a positive attitude towards the police

DMK CHIEF M. K. STALIN BECOMES TAMIL NADU CHIEF MINISTER

“Stalin Thaan Varraaru, Namakku Vidivu Tharraaru” (Stalin is only coming and will give us a Dawn) was the key slogan around which the Indian political party” Dravida Munnetra Kazhagam” (DMK) conducted its election campaign for the Tamil Nadu State Assembly polls held this year. The message conveyed by the slogan was that the DMK led by its leader M.K. Stalin was definitely winning the elections and that Stalin as Chief Minister would usher in a new Dawn for all. The first part of the slogan has been proven right. With the DMK winning the recently concluded Tamil Nadu state assembly elections, Stalin has certainly arrived. Now the 72 million population of Tamil Nadu state waits for the new Chief Minister Stalin to usher in a new dawn and make the second part of the campaign slogan come true.

Maldives Speaker Mohamed Nasheed injured in blast

Nasheed, now 53, became the first democratically elected leader of the archipelago state after a 30-year autocratic rule

SPEAKER RECEIVES SC DETERMINATION ON PORT CITY BILL

Will be presented to Parliament on May 18

Public told to self-isolate after PCR test

Should wear face mask when self-isolating if there are others at home. Urged to take rest, drink a lot of water and act with responsibility. Public Health Inspectors had earlier pointed out that there were issues when obtaining PCR test results in a number of areas. The gap between testing and releasing the results could pave the way for the virus to be transmitted to more people

Police denies post of higher Covid-19 cases in Kirulapone, Wellawatte

According to the message which was rapidly circulated, it claimed that 140 and 106 Covid-19 cases were reported in Wellawatte and Kirulapone areas respectively and PCR tests would be conducted in several areas belonging to those Police areas in the coming days.

AG Says he wishes to remain in SL

Appointment as HC in Canada

Dhammika Bandara's Concoction No Cure For Covid-19

The special committee appointed to review the syrup has suspended further investigations. Dhammika Bandara’s ayurvedic syrup not a cure for COVID-19, clinical tests confirm

Malaysia, Indonesia Request Removal Of Ban On Palm Oil Imports

Says SL’s abrupt decision tarnishes industry’s image

Namal Says Project To Establish 500 Outdoor Gyms Only After Covid-19 Third-Wave Ends

Criticism mounts on govt due to Rs.625Mn being allocated for outdoor fitness centres amidst COVID-19. Says funds can be used by govt for any other emergency. Minister says project was part of budget proposals 2021. Refutes allegations he has partnered with GS Sports

No Complete Lockdown - Pavithra

Says govt.’s policy is to combat COVID-19 while securing economy. The globally accepted method was to combat COVID-19 pandemic while securing the economy

Sarath Battles With Sarath In Parliament

Minister Weerasekera accused the Field Marshal of betraying the nation by stating that release of Ratnayake was wrong. Fonseka does not know that I was one of the few who were at the front of the battle field and was honoured

Pregnant Strycova hangs up racket at 35

Czech doubles specialist Barbora Strycova, who announced her first pregnancy in March, said today she was retiring from tennis, hoping for one last game after she gives birth.

Lean Six Sigma awards certifications for NDB Bank participants

The Lean Six Sigma Company, one of the leading Six Sigma providers with offices in 25 destinations across the world, awarded certifications to participants from NDB Bank recently.

WEST HAM STAY IN TOP-FOUR HUNT WITH COMEBACK WIN OVER BURNLEY

West Ham maintained their surprise challenge for a place in next season’s Champions League as Michail Antonio scored twice to beat Burnley 2-1 on Monday. Chris Wood’s penalty opened the scoring for the Clarets, but Burnley failed to guarantee their Premier League survival for another season as Antonio struck twice in eight minutes.

Tecno Mobile enters Sri Lankan market with ‘Spark 6 Go'

Global premier mobile phone brand Tecno Mobile announced its entry to the Sri Lankan market officially, with the introduction of its revolutionary Spark 6 Go smart mobile phone to Sri Lankan customers.

IN THIS AGE OF JOURNALISTIC SPIN-DOCTORS WITH FANCY NAME-CARDS

The medium is the message, Canadian Marshal McLuhan wrote in 1964. That was when the medium was not as complicated. You had print, radio and TV. That was about it.