Thursday 17th April 2014

Pay higher to attract better talent at Auditor General’s Dept, says Karu J

Published : 4:56 am  July 12, 2013  |  Category: OPINION  |  Leave a Comment  |  506 views  |  

Every citizen and stakeholder in every sphere has a duty and obligation to defend and protect the office of the Auditor General, whose office upholds the principle of public accountability, Senior United National Party Legislator Karu Jayasuriya told Parliament on wednesday. Speaking during a recent debate on remuneration of the Auditor General as a determination of the Constitution, the Gampaha District Parliamentarian said the office of the Auditor General must always be the best resourced, best-staffed and equipped state department. “To get the best talent available, they must have an attractive remuneration package and must be exposed to countries that have best in class practices,” Jayasuriya... 


Technical education and vocational training: Present status and future directions

Published : 4:51 am  July 12, 2013  |  Category: OPINION  |  Leave a Comment  |  861 views  |  

By Earle Fernando Technical education and vocational training (TEVT) generally refer to skills training for industrial, manufacturing, construction, and service sectors. It is also education and training outside the general education and higher education systems. TEVT covers a diverse range of training activities. These are undertaken by the government and private sector organisations. During the past four decades, the socio-economic setting of Sri Lanka changed considerably. Among the more significant changes that brought about social upheavals were youth insurrections of 1971 and 1989. The Youth Commission that probed into the youth uprisings recommended the establishment of the National Education... 


Challenging the status quo

Published : 2:13 am  July 11, 2013  |  Category: Hilmy Cader  |  Leave a Comment  |  1,317 views  |  

 Following are excerpts from an interview with Hilmy Cader, CEO of MTI Consulting and Architect of the MTI Strategic Reflections Column   Q: What motivated you to write this column? A: I had done a presentation at a forum in Sri Lanka about three years ago and on my way out, I met Nisthar Cassim (who at that time was re-joining the Wijeya Group to start this new business paper), who suggested that I write a column. My first reaction was “Why?” and “What should I write about?” After some further thought I agreed to give it a go!   Q: Initially you wrote a full column before shifting to the front page short paragraph, why? A: With my personal style of communication, as well... 


Published : 12:53 am  July 11, 2013  |  Category: OPINION  |  Leave a Comment  |  198 views  |  

I am surprised to hear that in the estate sector nearly Rs.1,000 million in total is due to EPF and ETF Departments remaining unsettled. Further, unions intend taking legal action against these companies for the recovery. In this connection I wish to state as follows: It is the duty of the EPF and ETF Departments to check as to whether statutory dues are properly computed and settled on time with prompt submission of returns. All late payments are liable for penalty on the increasing trend. Legal action should be taken by these departments, only as they owe paramount duty towards the benefits of our employees. Further they are in a better position to check the accuracy of the dues demanding... 


Amunugama outlines Sri Lanka’s effective integration of MDGs

Published : 12:00 am  July 6, 2013  |  Category: OPINION  |  Leave a Comment  |  725 views  |  

Country’s achievements highlighted in regional and global statistics in terms of realising or even surpassing many MDGsFollowing is the statement made by Senior Minister of International Monetary Cooperation and Deputy Minister of Finance and Planning Dr. Sarath Amunugama at the Inaugural Session of the High Level Segment of the Substantive Session of ECOSOC titled ‘Science, Technology and Innovation and the Potential of Culture for Promoting Sustainable Development and Achieving the Millennium Development Goals’ on 3 July in Geneva Mr. President, excellencies, distinguished delegates, Science, Technology, Innovation (STI) and culture play a key role towards the achievement of global development... 


Beyond Sri Lanka’s Big Brother syndrome

Published : 12:00 am  July 6, 2013  |  Category: OPINION  |  Leave a Comment  |  309 views  |  

By Vivek Katju The Hindu: Colombo’s moves to control subjects connected with State security, and indirectly demography, must not trample on the aspirations and rights of the Tamils and other minorities Amidst the entire range of complexities that mark the situation in Sri Lanka one fact remains incontestable: President Mahinda Rajapaksa and his three brothers — Defence Secretary Gotabaya, Basil, who controls politics and economic policies, and the soft-spoken Speaker of the Parliament, Chamal — are the arbiters of their country’s destiny. The institutions of democracy as provided for within Sri Lanka’s democratic Constitution operate but neither the Parliamentary Opposition nor voices... 


Time to walk the talk

Published : 12:00 am  July 6, 2013  |  Category: OPINION  |  Leave a Comment  |  460 views  |  

Indo-Lanka talks advance prospects for trade, investment and tourismThe Pathfinder Foundation welcomes the acceptance of the principle of special and differential treatment by the Indian trade delegation which visited Sri Lanka recently, given the asymmetry between the two economies. This transpired at meetings chaired by Dr. P.B. Jayasundera, Secretary, Ministry of Finance and Planning, Sri Lanka and S.R. Rao, Secretary of Commerce, India. The convening of the first meeting of the Joint Task Force involving private sector representatives from the two countries, which was established last year, was also a positive development.   The Pathfinder Foundation, which has consistently advocated... 


Abolish Pradeshiya Sabhas, not Provincial Councils

Published : 12:00 am  July 6, 2013  |  Category: OPINION  |  Leave a Comment  |  580 views  |  

By R.M.B. Senanayake Everybody talks of a ‘Grama Rajya’ as a great and good thing. It is perhaps one proposal where everybody will agree is necessary. But they do not know how to proceed to establish one. The Grama Rajya concept requires the re-establishment of the old Village Committee which was based on the traditional village. Unfortunately the village is no longer the unit of administration at the level of the village. It was abolished in the 1980s by the UNP Government and replaced with Pradeshiya Sabhas by an Act of Parliament in 1987 as part of the reforms under the 13th Amendment under which Provincial Councils were established. “Sri Lanka has a long history of local government. According... 


Monetary policy impact: Today, tomorrow or never?

Published : 12:00 am  July 5, 2013  |  Category: OPINION  |  1 Comment  |  766 views  |  

By Samantha P.K. Wijesekara A few weeks back, precisely after the 9 May monetary policy review, the Central Bank reduced its policy rates and in the latter part of June, the bank again reduced the commercial banks’ statuary ratio requirements from 8% to 6%. The cardinal economic objective of the Central Bank’s decision to implement these monetary policy measures are to stimulate the economy, either pushing the country’s aggregate demand as prescribed by the Keynesian economics or to make a direct spill-over impact (demand) on bond and goods market as pronounced by the monetarism economists lead by prominent Chicago economist Prof. Milton Friedman. As the main monetary policy advocate, it... 


“We all need to do more than watch to make Sri Lanka a better place”

Published : 12:00 am  July 3, 2013  |  Category: OPINION  |  Leave a Comment  |  658 views  |  

Dinesh Weerakkody talks about his new book titled ‘In the best interest of my Country’ and what motivated him to write over 500 articles over a period of 30 years. The book will be launched today, 3 July By Sonia Chinnaiyah Q: To begin with, where do you get your passion for writing? A: I remember as a teenager when I used to grumble about the state of the CTB buses and State medical services and my mother used to tell me, “You know, there is a saying that it is better to light a candle than curse the darkness. So, work hard and create the opportunities for yourself and make the country a better place.” I think that spirit has dominated my writing and working life. On the other hand,... 


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