By Shivanthi Ranasinghe Courtesy Ceylon Today In record time Sri Lanka’s most beloved Presidential candidate had become Sri Lanka’s most hated President. This transformation took place despite being one of the few world leaders who had successfully managed the Covid-19 pandemic. Those who congregate in the streets today with placards of ‘Go Gota Go’ forget […]

Article jointly by Sarath Wijesinghe President’s Counsel and former Ambassador to UAE and Israel President Ambassador’s Forum and Jeff Goonawardena – former Counsel General in LA  -Managing director Tilanka Group of Hotels (International)-Joint Secretary Ambassador’s Forum. Sri Lanka a most popular tourist destination For centuries, Sri Lanka has been a popular place of attraction for […]

Apolitics 1) WILL HE BE ABLE TO MAKE CBSL AN INDEPENDENT BODY SERVING THE COUNTRY? DID NOT HE SAY SOMETHING LIKE THIS IN RECENT INTERVIEWS? LET SEE? THE ANSWERS TO ABOVE QUESTIONS DEPEND ON HIS ABILITY TO EXECUTE THE FOLLOWING? 2) HE HAS TO FIND OUT ALL THE WAYS OF SPENDING OR WASTING DOLLARS IN […]

By P.K.Balachandan Courtesy NewsIn.Asia Colombo, April 16: The Rajapaksa regime in Sri Lanka, extremely hard-pressed though it economically and politically, might still survive  thanks to disunity among the Opposition parties and the massive infusion of financial and material aid to the country from abroad. The fact that the politically savvy Prime Minister Mahinda Rajapaksa has […]

SHUBHAM BATRA Courtesy The Print At 53% in 2021-22, Punjab has worst debt-to-GSDP ratio. CAG data shows UP’s interest payments have grown by 6% in 5 years. Andhra’s outstanding debt hit Rs 3.89 lakh crore in 2021-22. New Delhi: On 4 April, Prime Minister Narendra Modi held a long meeting with secretaries of the central government […]

Courtesy mint Elon Musk has recently announced that he would pay $54.20 per share for Twitter, valuing it at about $40 billion. As Tesla chief Elon Musk has launched a hostile takeover effort for Twitter with a $43 billion cash takeover offer, Snapdeal CEO has cracked a joke on Twitter on this multi-billion dollars bid. […]

Courtesy India Today With Sri Lanka on the brink of bankruptcy and saddled with dwindling foreign reserves and $25 billion in foreign debt, the CSE will remain temporarily closed for a week from April 18. The stock market will remain temporarily closed for a period of five business days from Monday. (File The Colombo Stock […]

Courtesy Outlook The Sri Lankan Army also denied speculation that soldiers were undergoing training to assault protesters.  Following speculations on social media that military might be roped in to crush ongoing anti-government protests in the country, the Sri Lankan Army on Saturday said they would not be part of a crackdown on protests and would […]

SHREY KHANNA Courtesy The Print The Rajapaksas’ political future is shaky. New Delhi will only prolong the hardship faced by Sri Lanka unless Colombo turns to the US. Sri Lanka should move closer to the US and resolve its ongoing crisis. For all the Rajapaksas’ giving cold shoulder to the International Monetary Fund’s offer for […]

By Ravi Jalhotra Colombo [Sri Lanka], April 17 (ANI): Amid protests in Sri Lanka over the country’s worst economic crisis, an advisor to the Sri Lankan President Gotabaya Rajapaksa on Saturday said the government has tried to control drug dealers “who have a lot of money” and that they are “very angry”.In an interview with […]

Rabi Sankar Bosu Courtesy CGTN India’s Foreign Minister Subrahmanyam Jaishankar attends the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) summit in Colombo, Sri Lanka, March 29, 2022. /VCG Editor’s note: Rabi Sankar Bosu is an Indian contributor to Chinese media outlets. He writes about Chinese politics, social and cultural issues, and China-India […]

By Uditha Devapriya Courtesy The Island I’d like to say this is the beginning of the end, but it’s not. The latest spate of protests to hit the country has now been going on for more than a week. These protests have targeted one thing and one thing only: the Rajapaksas’ exit from power. While […]

Courtesy The Daily Mirror The flight that left Ratmalana today morning – N750GF – for Dubai, belongs to British national and UK millionaire George Davies, the Daily Mirror learns. Rumors were rife that former Finance Minister Basil Rajapaksa had left Colombo for Dubai on this flight, but sources confirmed that this private aircraft was carrying […]

Courtesy Adaderana The Security and Exchange Commission (SEC) of Sri Lanka has directed the Colombo Stock Exchange (CSE) to temporarily close the stock market for a period of five business days commencing from the 18th of April. In a statement, the SEC director, Tushara Jayaratne said the Board of Directors of the CSE, by way […]

Courtesy Adaderana The Sri Lankan delegation led by Finance Minister Ali Sabry will depart the island in the early hours on Sunday (April 17) to take part in the discussions with the International Monetary Fund. The talks are taking place in Washington, United States from 19-24 April. The finance minister is accompanied by Central Bank […]

Courtesy Adaderana The pole antenna structure installed at the Galle Face Green by a leading telecommunications service provider in the country has been removed, Ada Derana correspondent says. Concerns were raised on social media platforms with regard to the Capacity Enhance solution at the Galle Face Green premises where the ongoing public protest against the […]

By Noor Nizam – Peace and Political Activist, Political Communications Researcher, SLFP/SLPP Stalwart, Convener “The Muslim Voice”, 15th., April 2022 The power of “ABILITY” of Gota against “CONSPIRACY” of those looking for a “Regime Change”. The protest taking place in Sri Lanka has been planned out in the same way the “Truckers Protest” was staged […]

මහින්ද රාජපක්ෂ ශ්‍රී ලංකා ප්‍රජාතාන්ත්‍රික සමාජවාදී ජනරජයේ අග්‍රාමාත්‍ය ජේසුස් ක්‍රිස්තුස් වහන්සේ මරණය පරාජය කරමින් උත්ථානය ලැබූ විජයග්‍රාහී ප්‍රීතියේ සැමරුම් දිනය පාස්කුවයි. කිතුනු ජනතාවගේ ප්‍රධානතම මංගල්‍යක් වන පාස්කුව ලොවපුරා කිතුනු බැතිමතුන් සමඟ ශ්‍රී ලංකේය කිතුනු ජනතාව සමරනුයේ මහත් හරසරිනි. පාස්කු මංගල්‍යයට පෙර කිතුනු බැතිමත්හු ජේසුස් ක්‍රිස්තුන් වහන්සේ කුරුසිය මත දිවි පිදීමේ යාගය මහ සිකුරාදා දිනයේ සිහිපත් […]

National Joint Committee Under our Constitution (vide Article 40) when the office of the President falls vacant prior to his term of office by resignation or otherwise, his successor has to be elected by Members of Parliament and the new President will hold office for the remaining period of the office of President. The new […]

MALINDA SENEVIRATN​E Rev Fr Cyril Gamini (RFCG hereafter) has found his voice. RFCG, after shooting his mouth and naming names in a zoom discussion, was duly complained about and required to make a statement. Having named names, he was required to offer tangible proof, for lack thereof would amount to defamation. He ducked. He hid […]

KAMALIKA PIERIS JR made radical changes to the economic policy of Sri Lanka .He brought in a free market economy, ending   years of socialist bungling. The economic liberalization of 1977 pioneered by JR made radical changes in the economic policy of the country, said economists.  The 1977 economic reforms saw an initial burst of healthy […]

Courtesy NewsIn.Asia Colombo, April 14 (Hindustan Times/newsin.asia): Sri Lanka has sought India’s assistance in garnering international support to secure bridge financing as it enters negotiations with the International Monetary Fund (IMF) for a bailout programme to cope with the island nation’s worst economic crisis in decades, according to a statement from the Sri Lankan high […]

ANI News Amid Sri Lankan economic crisis, apparel orders from island nation diverting to IndiaRead more At:https://www.aninews.in/news/business/business/amid-sri-lankan-economic-crisis-apparel-orders-from-island-nation-diverting-to-india20220415195455/

SOUMYA BHOWMICK courtesy orfonline As Sri Lanka descends into economic despair, only two options are open to it: Either seek further assistance from the IMF or seek loans from individual countries. Lately, India’s immediate neighbourhood is in doldrums. From the mass protests, killings, and use of arms over the military coup in Myanmar about a […]

Courtesy Outlook Sri Lanka is currently experiencing its worst economic crisis in history. With long lines for fuel, cooking gas, essentials in short supply and long hours of power cuts, the public has been suffering for months. Sri Lanka has started a process to import cooking gas through a credit line arrangement with India, the […]

Meera Srinivasan Courtesy The Hindu Ali Sabry  heading to U.S. for talks. COLOMBO Sri Lanka’s economic recovery will depend on reforms undertaken with the IMF’s support, but the government will not ignore the country’s poor, Finance Minister Ali Sabry said. The recently appointed Minister spoke to The Hindu ahead of his departure to Washington DC, where he will lead the Sri […]

Courtesy Adaderana Theshara Jayasinghe has stepped down from his position as the chairman of Litro Gas Lanka Limited, the primary liquefied petroleum gas supplier in Sri Lanka. Conveying the decision to President Gotabaya Rajapaksa in his letter of resignation, Jayasinghe said he resigned with effect from 14 April (Thursday). Jayasinghe says, since the day of […]

Courtesy Adaderana SriLankan Airlines has clarified the speculations circulated on social media regarding SriLankan aircraft uplifting printed material to Entebbe International Airport in Uganda last year. In a statement issued on 14 April, SriLankan Airlines said it received an air cargo order to transport approximately 102 tons of printed material from Colombo to Entebbe International […]

Courtesy Adaderana The Ceylon Petroleum Corporation says dispensing fuel volumes for vehicles at filling stations is limited with effect from 1.00 p.m. today (April 15). Thereby, filling stations are permitted to pump only fuel worth Rs. 1,000 for motorcycles at a single time. For three-wheelers, the limit has been set at Rs. 1,500 worth of […]

Greece Case Study OXFAM CASE STUDY Among EU nations, Greece has been hardest hit by the impact of thefinancial crisis. Two years ago, in June 2011, The Economist evaluatedthe EU‟s actions towards Greece and said that a new rule seemed tohave been adopted: „if a plan doesn‟t work, stick to it‟.1 Two years laterthere is […]