KAMALIKA PIERIS J.R.Jayewardene came from an elite family. He was the eldest of twelve children of Justice Eugene Wilfred Jayewardene KC, a prominent lawyer and Agnes Helen Don Philip Wijewardena daughter of Tudugalage Muhandiram Don Philip Wijewardena, a wealthy merchant. He was looked after by a Scottish nurse when a child. When he entered politics, […]

By A. Abdul Aziz. (Given below is an excerpt of the Friday Sermon delivered by Hazrat Mirza Masroor Ahmad, Supreme Head of the world-wide Ahmadiyya Muslim Community in Islam, on 8th April, 2022, at ‘Masjid Mubarak’, Islamabad, Tilford, U.K. gave a discourse on Striving in the Way of God, During Ramadan and Beyond & Launch […]

Orpheus Perera I am trying to restructure my points about the current situation in Sri Lanka. Intelligent people will never believe the story that one family robbed all the wealth of a country. It is the fault of the politicians for not educating the people of the real world. People worked hard during the colonial […]

Courtesy NewsIn.Asia Colombo, April 9 (NewsWire) – Dr. P. Nandalal Weerasinghe assumed duties as the 17th Governor of the Central Bank of Sri Lanka (CBSL) today. According to the CBSL, Dr. Weerasinghe is a career central banker, with extensive experience in Monetary and Exchange Rate Policy. Dr. Weerasinghe was promoted as Deputy Governor on 27 […]

Courtesy Livemint.com It (economic crisis) never happened in our time…when our government was here there were no queues of the people to buy the basic necessities, Sri Lanka’s ex PM said Former Prime minister of Sri Lanka Ranil Wickremesingheon Sunday blamed the incumbent government of plunging the country into a deep economic and political crisis. […]

Bibhudatta Pradhan and Eric Martin, Bloomberg News (Bloomberg) — The International Monetary Fund said it will hold discussions with senior Sri Lankan policymakers in the coming days and weeks” about a possible support program to help the island nation overcome an economic crisis that’s spiraled into political turmoil and daily street protests.  We received a request […]

By Yeshi Seli Express News Service Courtesy The New Indian Express NEW DELHI: Amid the severe economic crisis, extreme shortage of essentials, and street protests, the Sri Lankan Parliament is likely to reconvene between April 19 to 22 in a bid to bring about a no-confidence motion against President Gotabaya Rajapaksha. “We have called a meeting with all […]

Courtesy The Daily Mirror All paediatricians and neonatologists in the country are in dilemma due to the absence of Endotracheal (ETT) Tubes for the ventilation of new-born babies, infants and children, Castle Street Teaching Hospital Consultant Neonatologist Dr. L.P.C. Saman Kumara said. He said it will be very soon all hospitals will run out of […]

Courtesy The Daily Mirror The Director General of Health Services Dr Asela Gunawardena has appointed an official coordinator to maintain uninterrupted healthcare services and facilitate medicinal and equipment donations to Sri Lanka. Accordingly, Director Medical Technology Services at Health Ministry Dr. Anver Hamdani has been appointed as the coordinating officer on behalf of Ministry of […]

Courtesy Adaderana Appointed members of the Monetary Board of the Central Bank President’s Counsel Sanjeewa Jayawardena and Dr. Ranee Jayamaha have agreed to continue to serve in their positions. New Central Bank Governor Dr. Nandalal Weerasinghe stated this in a statement issued today (April 10). As the newly incumbent Governor of the Central Bank of […]

Sarath Wijesinghe President’s Counsel, former Ambassador to UAE and Israel, President Ambassador’s Forum and, a former General Secretary to Bar Association of Sri Lanka- Currently in the United Kingdom New Procedure with small claim courts It is indeed to the credit to then Minister of Justice and the committee appointed to draft laws headed by […]

Courtesy Hiru News The Governor of the Central Bank Dr. Nandalal Weerasinghe stated that One of the ways to overcome the current crisis situation is to allow the Central Bank to function independently. He was speaking at a special media briefing on ‘Economic Crisis Emergency’ held last night (08). He also stated that it does […]

Courtesy Hiru News Sri Lanka’s central bank doubled its key interest rates on Friday, raising each by an unprecedented 700 basis points to tame inflation that has soared due to crippling shortages of basic goods driven by a devastating economic crisis. “The rate hike will give a strong signal to investors and markets that we […]

Courtesy Hiru News Finance Minister Ali Sabry says he and a delegation including the Central Bank Governor and the Finance Minister Secretary along a team of technical experts will leave for Washington on the 18th to hold talks with the International Monetary Fund. The Minister said that the selection of financial and legal consultants for […]

Courtesy Hiru News Sri Lanka will need about $3 billion in external assistance in the next six months to help restore supplies of essential items including fuel and medicine, according to finance minister as reported by Reuters on Saturday. The nation has been hard hit by prolonged power cuts and shortages which have drawn protesters […]

Courtesy Adaderana The Sri Lanka government, through the Finance Ministry, has published Request for Proposals (RfPs) from interested parties or agencies for the appointment of financial advisors and legal consultants for managing its external debt sustainability. The scope of work of financial advisors includes evaluation of the debt stock in the background of maintaining sound macroeconomic fundamentals, advising the […]

Courtesy Adaderana The Legal Officers’ Association of the Attorney General’s Department has condemned what it called the unprofessional and unethical” conduct of a group of attorneys-at-law who recently staged a protest. A large group of lawyers staged a protest in front of the Attorney General’s Department on April 05, taking issue with the Attorney General’s […]

JAMILA HUSAIN Courtesy The Daily Mirror Ajith Nivard Cabraal, former Central Bank Governor who resigned from his post earlier this week, said he will not leave Sri Lanka and will instead answer all allegations leveled at him by various parties.  Following rumors that Cabraal had left the country soon after he resigned as the CBSL […]

Courtesy The Daily Mirror CB says substantial policy response is imperative” to address inflationary pressures and stabilise exchange rate CB’s SDFR and SLFR now stand at 13.50% and 14.50%, respectively However, analysts fear policy rate move could result in mass-scale defaults and even push economy towards a recession The Monetary Board of the Central Bank […]

Courtesy The Daily Mirror Several supporters of President Gotabaya Rajapaksa are presently conducting a rally in Kollupitiya carrying slogans “We want Gota” against the “Go Home Gota” protests which are presently underway in several areas. The protestors are making their way towards the Presidential Secretariat in Kollupitiya carrying the national flag and calling out “We […]

Courtesy The Daily Mirror In response to reports about the offer of the Finance Ministry portfolio, Samagi Jana Balawegaya (SJB)  MP Dr. Harsha de Silva said no offer had come from President Gotabaya Rajapaksa but from a number of senior ministers and various interlocutors on his behalf. He said he is ready to take on […]

Prof. Hudson McLean Returning after a long absence, so sad to see the current state of Sri Lanka. Living on borrowed funds from China to fast-track, the development of the lovely island is now facing monumental repercussions of payback. What happened to the development of agriculture for domestic consumption? Why have the exports dwindled?  Where […]

බැංකුවේ අධිපති ආචාර්ය නන්දලාල් වීරසිංහ පිලිතුරු දෙයි https://www.facebook.com/jagath.priya/videos/502863268214768

Hiru News

Courtesy The Daily Mirror I was compelled to revoke my resignation as the Finance Minister as no one was willing to take over the ministry, Minister Ali Sabry told Parliament today. No one was willing to take over the ministry as everyone is feared to face the criticism given the current precarious situation. I am […]

Courtesy Adaderana One of the ways to overcome the current crisis situation is to allow the Central Bank to function independently, the newly-appointed governor Dr. Nandalal Weerasinghe says. The CBSL Governor stated this addressing the media for the first time this evening after assuming duties in his new position. He also pledged to work with […]

Courtesy Hiru News Monetary Policy Review: No. 03 &ndash; April 2022<br />The Central Bank of Sri Lanka Significantly Tightens its Monetary Policy&nbsp;Stance to Stabilise the Economy The Monetary Board of the Central Bank of Sri Lanka, at its meeting held on 08 April 2022, decided&nbsp;to increase the Standing Deposit Facility Rate (SDFR) and the Standing […]

Courtesy Hiru News The Governor of the Central Bank Dr. Nandalal Weerasinghe says that technical discussions have been initiated with the International Monetary Fund and steps have been taken to expedite its process from tonight (08). A virtual meeting has been requested for 11th April with IMF. The meeting can be held even without the […]

Courtesy Hiru News The new Governor of the Central Bank, Dr. Nandalal Weerasinghe says that he believes that the Central Bank of Sri Lanka has the potential and the strength to steer the country’s economy in the correct direction.

BY CAROLINE DELBERT Courtesy Popular Mechanics It may sound crazy, but it’s based on science. KATERYNA KOVARZHGETTY IMAGES A molecular geneticist at the University of Surrey says the human “mind” is electromagnetic. Mind-body dualism is one of philosophy’s oldest questions, boosted this time by science. Is the answer as simple as our brains forming an electromagnetic “cloud” during […]