KAMALIKA PIERIS India did not stop there. India was determined to get a good hold on Sri Lanka . India  used the Tamil Separatist Movement for this. A process of negotiations was begun between the Governments of India and Sri Lanka with India playing the role of an interlocutor bringing the Tamil parties and the […]

KAMALIKA PIERIS JR shot to fame when he spoke at San Francisco Peace Conference in September 1951, where he asked that Japan be forgiven after World War II and reparations forgotten Prime Minister D.S. Senanayake had been invited to participate at the San Francisco Peace Treaty Conference in September 1951, held to propose punitive provisions […]

ජයන්ත හේරත් ලෝක බංකොලොත් ලිස්ට් එකට ලංකාවත් එකතු විය හැක. සමහරු  බයය හැම දේටම බයය. ලිස්ට්‍  එකේ ඇමරිකාව එංග ලන්තය සාමාජිකයින් උනේ බොහෝ කලකට පෙරය. ලිස්ට් එකේ සාමාජිකයෙක් වීම නම කැත වීමක් නොවේය. ග්‍රීසියත් සාමාජිකය. bankrupt සංගමේ සාමාජිකයෝ ඔක්කොම එලොව ගිහින් මෙලොව ආවෝය. අවුරුදු කීපයකින් බංකොලොත් භාවයෙන් මිදුනේය. අලුත් තත්වයට හැඩ ගැසීම අමාරු නැත. අවශ්‍ය […]

අග්‍රාමාත්‍ය මාධ්‍යඅංශය Prime Minister Mahinda Rajapakse declares that he is ready to negotiate with the protestors who picket at the Gall Face Greens on Socio-economic and political issues in the country.  Accordingly, important thoughts held by the protestors will be discussed in detail for the sake of overcoming the challenge faced by the country at […]

උපුටා ගැන්ම ලංකා සී නිව්ස් ගාලු මුවදොර විරෝධතාකරුවන්ට සහාය දක්වමින් කටයුතු කළ පොලිස් නිලධාරියා සම්බන්ධයෙන් විනය ක‍්‍රියාමාර්ග ගන්නා බව පොලිසිය සඳහන් කරයි. පොලිස් මාධ්‍ය ප්‍රකාශක කාර්යාලය නිවේදනයක් නිකුත් කරමින් සඳහන් කරන්නේ මීට පෙරද මෙම නිලධාරියා විනය විරෝධී කාරණා මත සේවය අත්හිටුවනු ලැබූවකු බවයි. අතිශය මානුකම්පිත හේතු මත නැවත රාජකාරි පිහිටුවා ඇති බවද එම නිවේදනයේ සඳහන් […]

Courtesy EasternEye Protesters, gathered at the entrance of Sri Lankan President Gotabaya Rajapaksa’s office, eat while sitting along a road, in Colombo on April 14, 2022, during the Sinhala and Tamil New Year. Severe shortages of food and fuel, alongside lengthy electricity blackouts, have led to weeks of widespread anti-government demonstrations. (Photo by ISHARA S. […]

Courtesy Adaderana EXCLUSIVE: Sri Lanka’s new finance minister, Ali Sabry, says the country plans to start talks with the IMF on April 18 to secure as much as $4 billion in aid for the economy. He also signaled optimism in getting financial support from China and India https://t.co/oUksMp7ea6 pic.twitter.com/uIzYwe2aEK— Bloomberg (@business) April 14, 2022 Sri Lanka needs between […]

By Raj Gonsalkorale While negotiating the IMF package of assistance, the Sri Lanka government could consider a summit with Japan, South Korea, China, India, the EU, UK, USA and the Middle Eastern Arab States for a relief package. Such a package could potentially be up to USD 10 Billion if handled at the highest levels […]

KAMALIKA PIERIS  KM de Silva observed that the 1977 election was a landmark election, after 1956. JR was responsible for many changes in the political and economic spheres. JR engineered a fresh Constitution for Sri Lanka. The 1977 government appointed a Select Committee of the National State Assembly to consider the revision of the 1972 […]

 LankaWeb Editorial 14th April 2022 Resolving  the ongoing crisis in Sri Lanka has now become the greatest challenge for the Rajapaksa Administration. It is noteworthy to observe that Sri Lanka will be unable to make a USD 200 million loan repayment next week as the government decide to suspend all external debt repayments. This will […]

Asoka Weerasinghe (Mr) Kings Grove .Crescent . Gloucester ,. Ontario . K1J 6G1 13 April 2022 Mayor Patrick Brown MPPOffice of the MayorCity of Brampton2 Wellington Street WestBrampton, OntarioL6Y 4R2 Dear Mayor Patrick Brown: Now that I have gathered through  bylined Tonda Maccharles’s news item in the Toronto Star, Patrick Brown vows in video to […]

High Commission of Sri Lanka New Delhi Sri Lanka’s High Commissioner to India, Milinda Moragoda met with the Finance and Corporate Affairs Minister of India Smt. Nirmala Sitharaman in New Delhi, today (13 April) to review the present status of Indo-Lanka economic cooperation as Sri Lanka enters negotiations with the IMF for an economic adjustment […]

අග්‍රාමාත්‍ය මාධ්‍ය අංශය සමාජ,ආර්ථික හා දේශපාලන හේතු මත ගාලු මුවදොරට රැස්වී දැනට විරෝධතාවයේ නිරතවන පිරිස සමඟ අග්‍රාමාත්‍යවරයා වශයෙන් තමන් සාකච්ඡාවකට සූදානම් බව අග්‍රාමාත්‍ය මහින්ද රාජපක්ෂ මහතා දැනුම් දෙයි. ඒ අනුව රට හමුවේ මේ මොහොතේ පවතින අභියෝගය ජයගැනීම වෙනුවෙන් විරෝධතාවයේ නිරත පිරිස දක්වන වටිනා අදහස් සාකච්ඡාවට ලක්කිරීමට අපේක්ෂිතය. මෙම සාකච්ඡාව සඳහා විරෝධතාවයේ නිරත පිරිස සූදානම් නම් […]

චානක බණ්ඩාරගේ (1). 2021 සැප්තැම්බර් සිට 2022 මාර්තු 10 දක්වා ඩොලරය ස්ථීර (fixed) කර තිබු අතර එම අගය වුයේ රුපියල් 203කි. හිටපු මහ බැංකු අධිපති (කබ්රාල් මහතා) මේ ක්‍රියාමාර්ගය ගැනීමට ප්‍රධානතම හේතුව වුයේ ඒ  වනවිට ශ්‍රී ලාංකාවට විදේශ විනිමය (ඩොලර්) ඒම ඉතාම පහළ වැටී තිබීමයි. රටේ ඩොලර් හිඟ වීම නිසා, රුපියලට සාපේක්ෂව ඩොලරයේ වටිනාකම ඉහල […]

John Rozario Karnataka, India Sri Lanka can follow ‘Bangladesh Economic Miracle’ model to avert its economic crisis. As Sri Lanka is going through an economic recession, its South Asian neighbor ‘Bangladesh’ has confirmed as a South Asian Economic Miracle’ As Bangladesh marks its 51th independence anniversary this year, its tremendous economic growth has made it […]

Courtesy The Telegraph India The island nation, hit by its worst economic crisis since independence and on the brink of its first debt default, has been asking friendly nations for credit lines, food and energy. India is willing to commit up to another $2 billion in financial assistance to Sri Lanka while also supporting the […]

Courtesy Channelnesasia COLOMBO: The International Monetary Fund (IMF) on Wednesday (Apr 13) said that it supported Sri Lanka’s plans to engage in “collaborative dialogue” with creditors, a day after the country unilaterally suspended external debt payments amid a severe economic crisis. “We assessed Sri Lanka’s debt to be unsustainable and that the country’s fiscal efforts […]

Courtesy The Island Also seeks financial help from other partners to alleviate the suffering of masses The Ministry of Finance (MOF) yesterday announced the new the policy of the government concerning the servicing of Sri Lanka’s external public debt pending the completion of the government’s discussions with the International Monetary Fund (IMF) and the preparation […]

Courtesy Adaderana Former Prime Minister Ranil Wickremesinghe says elections or constitutional amendments at this point will not solve the ongoing crisis in Sri Lanka. In a statement made today (April 13), the United National Party (UNP) leader stated that Sri Lanka is unable to make a USD 200 million loan repayment next week as the […]

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 […]