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News  


 

PUNCHI BANDA ON WARPATH

One of the stern warnings given by President Rajapaksa to each of his new Ministers is not to criticise the previous holder of the post, but to do the job entrusted to each one to the best of his/her ability, but this rule apparently does not apply to Treasury boss Dr P B Jayasundera. So what have we? Punchi Banda has a field day attacking BoI wherever he goes. Did someone there rub him on the wrong side? Little bird whispers that this obsession is coming from the time a casino businessman held the job there. That man aiming for the stars is said to have boasted that he would next have the ST’s job, which irked PB to no end.

WINNING FORMULA

Poor peacock having put planes before pilots it found the embarrassing way that it has no flyers to go to two new destinations – Guangzhou and Moscow, which earlier it proudly announced for November and December. No one knows when these expanded routes will come to fruition finally even though the aviation industry is booming everywhere. But it is not all bad news for the Lankan flying industry, for the budget carrier Mihin the business is truly booming. Next week we will see it touching three new destinations – Dacca, Jakarta and Male with a slightly bigger second aircraft, an Airbus A321. Though Peacock with its nose in the air may treat it like a poor relative, because it has the pretence of serving a higher category of passengers, Mihin not bothered by such treatment however has the winning formula for a budget carrier with no frills; meaning it has only one class, uses budget terminals, standard meals, no expensive lounges… etc.

NEW BRITANNIA

For a long time our confectionery industry was in the hands of one or two big players who enjoyed more or less a captive local market, but when competition arrived, a once unbeatable giant got easily knocked off its pedestal. But now even others must pull up their socks, for imported products are making waves. Some say that Britannia could be ruling the waves soon, but this Britannia is from across the Palk Strait.