Sunday Observer Online


Sunday, 9 August 2015


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Marriage Proposals
Government Gazette
Bulldozing food : Russia bulldozed a pile of Western-produced cheese and tonnes of other foodstuff imported in violation of sanctions. The country has also steamrollered fruit and burnt a huge pile of bacon. Over 285,000 people have backed an online petition calling on President Putin to give the food away. - BBC

PM tells business leaders:

‘Authoritarian rule took country nowhere’

The country got nowhere despite putting an end to the war, due to the authoritarian rule of the Rajapaksa regime that looked into the welfare of only one family, Prime Minister Ranil Wickremesinghe told the 16th Economic Summit organized by the Ceylon Chamber of Commerce in Colombo on Wednesday.

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Signing CEPA, an unwise move - COYLE

Certain Sri Lankan officials who engaged in discussions with India regarding the Comprehensive Economic Partnership Agreement (CEPA), are openly supporting Indian views, while turning a blind eye to concerns raised by Sri Lankan entrepreneurs, Chamber of Young Lanka Entrepreneurs (COYLE) member and Chairman, Multichemi Group of Companies, Samantha Kumarasinghe told an event in Colombo on Thursday.

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No future without exports - Harsha

There is a lack of focused policy on exports. It is necessary that we concentrate on exports, exports and more exports. It is important to understand that we have no future without it. That is why we are focusing on exports, Deputy Minister of Policy Planning Dr. Harsha de Silva told the 18th Annual General Meeting of the Exporters Association of Sri Lanka recently.

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Ex Treasury Secretary practised ‘Stupidonomics’

A Singapore-based economist lambasted former Treasury Secretary Dr. P.B. Jayasundera for promoting a vibrant export sector while downplaying imports which he said was ‘stupidonomics’ that does not help a country to boost trade. Trying to boost exports while drastically cutting down imports is a stupid theory that does not work.

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Business organisations cause catastrophic environmental damage - UN official

The damage caused to the environment by business organisations across the globe is catastrophic and results in a magnitude of environmental disasters. If no remedial action is taken there would be major environmental repercussions across the globe, a United Nations official warned.

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