Corporate Communications & Digital Marketing Specialist Lanka Property Web (Pvt) Ltd According to the recently released House Price Index of LankaPropertyWeb that is based on asking prices for Q1 of 2022, the overall selling prices of apartments have soared by 36.08% from Q1 of 2021 while the overall residential land prices of Sri Lanka have reduced by […]

Courtesy Hiru News Due to several reasons including the COVID-19 pandemic, global political imbalances and gradual erosion of fiscal position of the country, Sri Lanka is now facing social, economic and financial distress leading to disturbances to normal lives of our people. Although the authorities are taking measures to address the current situation of the […]

Courtesy Hiru News The finance ministry in a press release said that the Sri Lankan government is suspending normal debt servicing of all affected external debts.  Sri Lanka is entering into a ‘pre-emptive negotiated default’ by giving notice ahead of time and asking lenders to come to the negotiating table, which is not a ‘hard default’ […]

Courtesy Hiru News Finance Ministry Secretary says that they will issue a new circular to line ministries to reduce expenditure.  Budget deficit has risen sharply due to high govt spending and lower revenues, therefore revenue has to be increased significantly and various methods will be introduced to achieve the target.

Courtesy Adaderana The World Bank has agreed to provide an emergency funding of USD 10 million to Sri Lanka for the purchase of essential pharmaceuticals by next week. In an exclusive interview with Ada Derana, Finance Minister Ali Sabry, PC, said Sri Lanka has additionally sought an aid of USD 500 million from the World […]

BY EDWARD THEOPHILUS  The study on the economic history shows that there have been fluctuations in economic growth from time to time and people in the world experienced negative and positive economic outcomes resulting from fluctuations. The changes in economic prosperity either positively or negatively impact human lives. This reality could be seen in all […]

ජයන්ත හේරත් ලෝක ගම්මානෙට ප්රබල මුදල් සංචිත වර්ග කීපයක් අවශ්යය. ගම්මානේ ශක්තිමත්ම මුදල් list එකේ US dollar එක 10 වෙනියාය. චීනයේ යුඅං 6.37 ක් ඩොලර් එකකට දෙන්නේය. යුඅං මුදල් සංචිත නායකත්වයට හොඳ contender කෙනෙකි. ඉන්දියන් රූපී ද ශක්තිමත්ය. මුදල් සංචිත නායකත්වයට හොඳ contender කෙනෙකි. ලෝක ගම්මානේ ශක්තිමත්ම මුදල KWD Kuwait Dinar ය. Dollar 3.28 ක් […]

Shenali Waduge Protestors who sincerely wish to end corruption must divert their demands to a key area that goes unnoticed. How many Secretaries/Envoys & Senior Public Servants have betrayed the nation being spineless party to preparing treacherous agreements. The excuse that they are only doing their job CANNOT be accepted. Secretaries before 1978 resigned & […]

Sarath Wijesinghe President’s Counsel and former Ambassador to UAE and Israel. A former Chairman of Consumer Affairs authority. President Ambassador’s Forum World Consumer Day World Consumer Day is remembered on 15th March every year worldwide by governments and organizations, in order to raise global awareness about the consumer needs and their rights. They have a […]

Prof. Hudson McLean Weligama Sri Lanka: New flats start from £114k   Weligama Sri Lanka: New flats start from £114k Myra Butterworth Southbeach Weligama is a new development of 106 flats in Sri Lanka, with prices ranging from £114k for a one-bed… When I saw this Advertorial, I could not believe if this is true! […]

Chula Rajapakse MNZM Wellington, New Zealand Dear Editor , The very laudable efforts of many organizations and individuals world wide to raise funds to help SrI Lanka with obtaining the essential wares that have become unavailable to Sri Lankans through the current economic debacle, is much appreciated. However The intervention that is likely to have […]

KAMALIKA PIERIS President J.R.Jayewardene (1978 – 1989) had as his close advisors, two leaders of the Tamil Separatist Movement, A.J.Wilson and Neelan Thiruchelvam. Professor A.J. Wilson served as a constitutional advisor to J.R. from 1978-83.  And Neelan Thiruchelvam was associated with Wilson in discussions with JR. JR would undoubtedly have come under their influence. We […]

Dr Sudath Gunasekara. Mahanuwara And, instead, put all the Sri Lankan politicians, who have robbed and destroyed the motherland since 1977 in these cages, if you want to rediscover and restore, that was Sri Lanka, once hailed as the Pearl of the Indian Ocean and the Granary of the East”.  Because such drastic punishment to […]

උපුටා ගැන්ම ලංකා සී නිව්ස් කොළඹ ජනාධිපති කාර්යාලය ඉදිරියේ විරෝධතාවේ යෙදෙන පිරිස සදහා බුරියානි බෙදා දීමක් සිදු කර තිබේ. ලොරි රථයකින් පැමිණ බුරියානි බෙදා දෙන ආකාරය සමාජ ජාලාවන්හි පින්තූර හුවමාරු වෙමින් ඇත. ජනාධිපති ගෝඨාභය රාජපක්ෂ මහතාට ධුරයෙන් ඉල්ලා අස්වන බල කරමින් මෙම පිරිස් විරෝධතාවය. මිලියනයේ විරෝදතාව ලෙස නම් කර ඇති මෙය පැවැත්වෙන්නේ සිවු වන දිනටයි.

උපුටා ගැන්ම ලංකා සී නිව්ස් කොළඹ ජනාධිපති කාර්යාලය ඉදිරියේ විරෝධතාවයේ යෙදෙන විරෝධතාකරුවන් සඳහා ඊයේ රාත්‍රියේ අරක්කු ලොරියක් ලබාදී ඇති බව එම විරෝධතාවේ ඉදිරිගාමියෙකු වන උපුල් ශාන්ත සන්නස්ගල මහතා සඳහන් කරයි. විරෝධතාවය ඇතුලෙද ආණ්ඩුවේ ඔත්තුකරුවන්ට සිටිනා බවත් ඔවුන් සියලු රහස් රජයේ පාර්ශ්වයන් වෙත ලබා දෙමින් සිටින බවත් ඔහු චෝදනා කළේය. තමන් ළඟ සිටින සියලු දෙනාම අවිශ්වාස […]

By  Niluksi Koswanage  Courtesy Bloomberg Sri Lanka’s street protests over soaring inflation and lengthy power cuts have shaken President Gotabaya Rajapaksa’s hold on power, with government ministers resigning while the opposition called for fresh elections in the South Asian nation. The political turmoil is complicating efforts to manage the island’s foreign exchange crisis and secure more funds to keep […]

Courtesy Frnace 24 Consumer prices in the US surged by 8.5% in March, the fastest pace since 1981. The inflation spike was fuelled by a 32% jump in energy costs, linked to Russia’s war in Ukraine. Many American consumers are struggling to keep up with the price rises. Also in the show – Emmanuel Macron […]

It will not be imposed on farmers but the choice will be left to them: Minister K. Govardhan Reddy Environment-friendly organic farming will be promoted in the State to ensure premium price for the farm produce, Agriculture Minister Kakani Govardhan Reddy said, adding: However, the switch to organic farming will not be a sudden one […]

Courtesy The Daily Mirror China on Tuesday reiterated that it is doing its ”utmost” to provide assistance to debt-ridden Sri Lanka. Asked about the reported request of Sri Lanka to China for monetary help to tide over the present crisis, Chinese Foreign Ministry spokesman Zhao Lijian on Tuesday reiterated his ministry’s previous remarks that China […]

Courtesy Hiru News පාස්කු ප්‍රහාරයට පෙර සහරාන් හෂීම් ඇතුළු කණ්ඩායම විසින් පටිගත කරන ලද එම ප්‍රහාර එල්ල කිරීමට හේතු දැක්වෙන වීඩීයෝවක් අද මාධ්‍ය වෙත නිකුත් කරනු ලැබුවා. අද පැවති ප්‍රවෘත්ති සාකච්ඡාවකට එක්වෙමින් ආරක්ෂක ලේකම්වරයා කියා සිටියේ පාස්කු ඉරු දින ත්‍රස්ත ප්‍රහාරය සම්බන්ධයෙන් අත්අඩංගුවට ගත් පුද්ගලයින් 735 දෙනෙකු අතරින් 196 දෙනෙකු රක්ෂිත බන්ධනාගාර ගත කර ඇති […]

Courtesy Adaderana Defence Secretary Kamal Gunaratne says that a total of 735 persons have been taken into custody so far over the Easter Sunday attacks.  He said 27 cases have been filed against 79 of them under 25,653 charges. The Defence Secretary revealed this during a press briefing held today at the Department of Government […]

Courtesy Hiru News The first consignment of 11,000 tonnes of rice from a total of 40,000 metric tonnes imported under the Indian loan scheme targeting the Sinhala and Tamil New Year arrived today (12). This includes 7,000 tons of Nadu, 2,000 tons of Samba & 2,000 tons of raw rice. Accordingly, a kilo of Samba […]