Shenali D Waduge The current reality is: Sri Lanka has a financial problem Our expenses are higher than our revenues Living off loans & paying back with interest is not the solution Mismanagement, Waste & Corruption Public assets/resources not utilized to the benefit of the People The people too have got used to living beyond […]

Courtesy Scroll The island nation shut down schools and asked public authorities not to commute to work in an attempt to mitigate the fuel crisis. Sri Lanka’s newly elected Prime Minister Ranil Wickremesinghe on Friday said that the crisis-hit island nation is likely to face a potential food shortage from August, NewsWire reported. The development came as Sri […]

Courtesy Gulf Today A boy stands next to empty cylinders as he waits in a queue to buy domestic gas at a distribution centre in Colombo on Friday. ReutersSri Lanka’s Prime Minister Ranil Wickremesinghe has warned of a food shortage as the island nation battles a devastating economic crisis and vowed the government will buy […]

By P. K. Balachandran Courtesy Urasia Review After nearly two months of uncertainty and turmoil, Sri Lankan parliamentarians have now reached a consensus on the political management of the country, with Ranil Wickremesinghe taking over as Prime Minister and attempting to form a multi-party government.Advertisement On Friday, nine new cabinet ministers from different parties were sworn […]

By Shyam Nuwan Ganewatta Courtesy The Island Governor of the Central Bank of Sri Lanka (CBSL) Dr. Nandalal Weerasinghe yesterday (19) said there was some political and social stability in the country and it would help the CBSL achieve some success in its endeavours. Dr. Weerasinghe said so responding to a question posed by a […]

Courtesy The Daily Mirror o bring down the threshold to US$ 10, 000 from US$ 15, 000 Says move will enhance dollar liquidity in domestic forex market Says evidence suggests people hoarding large amount of forex in note form in their homes and offices As of now any individual can hold up to US$ 15,000 […]

Courtesy The Daily Mirror Power and Energy Minister Kanchana Wijesekera said that some organized groups are preventing fuel trucks to pass certain areas demanding they be unloaded at different fuel stations and threatening to set fire to them. The Minister said that If the organized groups continue to do so, they will have to suspend […]

Courtesy Adaderana Nine more Members of Parliament were sworn in as Cabinet Ministers this morning, the President’s Media Division says. They took oaths before President Gotabaya Rajapaksa at the President’s House in Colombo this morning. The newly-appointed ministers are as follows: 1. Nimal Siripala de Silva – Minister of Ports, Shipping and Aviation 2. Susil […]

Courtesy Adaderana Sri Lankan Prime Minister Prime Minister Ranil Wickremesinghe on Friday welcomed the G7 announcement that they will assist the country in securing debt relief as it is grappling with its worst economic crisis. Sri Lanka is going through its worst financial crisis since it won independence in 1948. The country faces an acute […]

Shenali D Waduge The problem does not lie in the constitution (only clauses that have been inserted in self-interest & not in national interest) or the laws but in its application & by those required to abide by the laws. Society starts to crack & governance starts to suffer when people manipulate the system, corrupt the […]

Shenali D Waduge We have a situation. Sri Lanka ended 30 years of LTTE terrorism in 3 years on 18 May 2009 bringing to safety 294,000 Tamils among whom were close to 12,000 LTTE combatants in civilian clothing and 545 child soldiers. The civilians are now leading normal lives & LTTE combatants are rehabilitated & […]