By Dr Sarath Obeysekera Chairman .Advisory Board fir EDB to develop Marine and Offshore Industry 1.     Purpose Sri Lanka is currently facing a severe shortage of foreign currencycreating hardships to the people in the country .Conventional foreign income generating avenues such as tourism,export of garments ,coconut products ,export of teas and spices are not performing […]

Courtesy Hiru News Parliament was adjourned for 10 minutes after the opposition staged a protest during the Prime Minister’s speech. Accordingly, the Parliament was adjourned at around 10.40 am today, Ada Derana correspondent said. PM Ranil Wickremesinghe today delivered a special statement in Parliament regarding the progress of negotiations with the International Monetary Fund (IMF). […]

Courtesy Hiru News Prime Minister Ranil Wickremesinghe today challenged Janatha Vimukthi Peramuna (JVP) leader MP Anura Kumara Dissanayake to revive Sri Lanka’s economy in 06 months. Addressing the Parliament today, Prime Minister Wickremesinghe said he is ready to step down from the premiership in order to allow MP Dissanayake to implement his economic plans The […]

Shenali D Waduge Do civil society” actually represent Sri Lankan citizens or are they representatives of those that fund or pay their salaries? Their connections and the manner they network provide clues. While they point fingers claiming politicians should serve a term, how long have they held posts in these organizations? While they project themselves […]

Shenali D Waduge By the time we understand the truth it is too late, the damage has been done. For Libyans, they have to face their sad fate. Falling under heavily funded Western propaganda of lies turning Gaddafi into a ‘dictator’ and requiring to be ousted in order for Libyans to be liberated, Gaddafi was […]

Courtesy The Daily Mirror The United States Senate Foreign Relations Committee said yesterday that any IMF agreement with Sri Lanka must be contingent on independence of the Central Bank of Sri Lanka, strong anti-corruption measures, and promotion of the rule of law. “Without these critical reforms, Sri Lanka could suffer further economic mismanagement and uncontrollable […]

ආචාර්‍ය සුදත් ගුණසේකර. මහනුවර අග්‍රාමාත්‍ය සිරිමාවෝ බන්ඩාරනයක මැතිනියගේ හිටපු ස්ථිර ලෙකම්,ශ්‍රි ලන්කා පරිපාලන සේවා සන්ගමයේ සභාපති (1991-1994) සහ මහනුවර සින්හල බෞද්ධ ජෙෂ්ඨ පුරවැසියන්ගේ සන්විධානයේ සභාපතී දරුවනි,ඊණියා අරගල කරුවනි, මෝඩ වැඩ වර්ජකයිනි සියළුම දේශ පාලුවනි.. ඔබේ ගෙය මුළුමනින්ම ගිනිගෙන. එය නිවිමට හැකි දෙයක් කරණු මිස එයට තව තවත් පෙට්‍රල් වත් කරන්ට හෝ පිදුරු දමන්ට එපා. ඔබේ […]

Courtesy Adaderana The 22nd Amendment to the Constitution was presented to establish political stability in the country which is requested by most of the international agencies assisting Sri Lanka, Minister of Justice, Prison Affairs & Constitutional Reforms Wijeyadasa Rajapakshe says. His views came in the backdrop where SLFP chairman Maithripala Sirisena criticized the 22nd constitutional […]

Courtesy Adaderana Any company or industry that capable of paying in US dollars can open a consumer account at the Ceylon Petroleum Corporation (CPC) to obtain a weekly guaranteed fuel quota, Minister of Power & Energy Kanchana Wijesekara says. They need to pay a month in advance and fuel will be issued either on a […]

Courtesy Adaderana All government and government-approved private schools across the country will remain closed this week, the Ministry of Education says. The decision was taken at a virtual meeting held with the Education Ministry officials, provincial secretaries and directors of education today. The turnout of students, teachers and principals in schools and the Power & […]

උපුටා ගැන්ම ලංකා සී නිව්ස් අග්‍රාමාත්‍ය ධුරය සහ කැබිනට් පත් මණ්ඩලය පත් කිරීමේ අවස්ථාව ලබා දෙන්නේ නම් කොටි කාලයකට ආණ්ඩුවක් පිහිටුවීමට තම තම පක්ෂය සුදානම් බව ජනතා විමුක්ති පෙරමුණේ නායක අනුර දිසානායක මහතා සඳහන් කරයි. කෙටි කාලයක් සඳහා පිහිටුවන එම පාලනය තුළදී ඉතා කෙටිකලක් තුළ මෙරට මූලික ගැටළු වූ ඉන්ධන, ගෑස්, කිරිපිටි, විදුලිය ආදී ගැටලු […]

Courtesy The Daily Mirror Japanese Ambassador to Sri Lanka Mizukoshi Hideaki said that Japan is ready to provide continuoussupport to Sri Lanka while strengthening relations between the two countries, for Sri Lanka’seconomic program with the International Monetary Fund (IMF) and for the development activitiesof the country. In a statement, the President’s Media Division said that […]

Shenali D Waduge The reason US invaded countries of Latin America for 39 years was bananas. However, the Nicaraguan operation was different. US was involved in 2 covert operations in Nicaragua & Iran (1984-1987) The 1stoperation was to use a Honduran rebel group called Contras against the Nicaraguan Government of Sandinista. The 2nd covert operation was […]

BY EDWARD THEOPHILUS According to the general understanding, the government sector and the private sector are equally responsible for the management of the economy, however, since the 1956 election, the responsibility of the management of the economy was unequally transferred to the public sector and this process was incurred by the nationalization of private enterprises, […]

Shenali Waduge  The Decision Review System known as UDRS or DRS or the Player Referral concept is in vogue not only in cricket but in many other sports activities where the Third Umpire plays the role of an Appeal Judge. Who came up with this concept & when is a question the International Cricket Committee […]

Gamini Sarath Godakanda Sri Lanka and India agreed to explore further avenues towards greater cooperation in the food processing and dairy sectors, when Sri Lanka’s High Commissioner to India, Milinda Moragoda met with India’s Minister of Food Processing Industries Shri  Pashupati Kumar Paras today (01 July) in New Delhi. At the outset, Minister Paras accorded […]

Lanka Lead News මේ දිනවල කටාරයේ සංචාරයක නිරත වන විදුලිබල හා බලශක්ති අමාත්‍ය කාන්චන විජේසේකර මහතා ඊයේ(30) දිනයේ දී කටාර් චැරිටි සංවිධානයේ නියෝජිතයන් මුණ ගැසී කළ සාකච්ඡාවක් අතර තුර අදාල සංවිධානයට එරෙහිව ලංකාව පනවා ඇති තහනම ඉවත් කිරීමට තීරණය කර තිබෙන බව එම නියෝජිතයන්ට දැනුම් දී ඇති බව වාර්තාවේ. මත භේදයට තුඩු දුන් කටාර් චැරිටි […]

Lanka Lead News කැමැත්ත නොමැතිව ගැබිනි මවුවරුන්‌ වඳ භාවයට පත්‌ කිරීම හා ඒ සඳහා පෙළඹවීම ඇතුළු චෝදනා එල්ල වී ඇති වෛද්‍ය සෙයිගු සිහබ්ඳදීන්‌ මොහොමඩ්‌ සාෆි නමැත්තා තම අධිකරණය විසින්‌ නිදොස්‌ කොට නිදහස්‌ කර ඇති බවට මාධ්‍ය මගින්‌ අසත්‍ය ප්‍රවෘත්ති පළ කර ඇති බව ‘සනාථ කිරීම සඳහා අවශ්‍ය සාක්ෂි අධිකරණයට ඉදිරිපත්‌ කරන ලෙස කුරුණෑගල මහෙස්ත්‍රාත්‌ බන්දුල […]

By P.K.Balachandran Courtesy NewsIn.Asia Colombo July 1 (Counterpoint): The Gazetted draft of the 22 nd. Amendment (22A) of the Sri Lankan constitution, which will be presented to parliament in the coming week, is a compromise between the interests of President Gotabaya Rajapaksa and Prime Minister Ranil Wickremesinghe. It is also designed to maintain the stability […]

Sri Lankans have taken to the streets over an acute shortage of essentials including food, fuel and medicines – Copyright AFP – Sri Lanka’s inflation hit a ninth consecutive record in June, official data showed Friday, rising to 54.6 percent a day after the IMF asked the bankrupt nation to rein in galloping prices and […]

Courtesy BBC Being the first in the queue is usually a coveted spot, but Ajeewan Sadasivam has no idea how long he’ll be stuck in this one. “I’ve been in line for two days already,” he says, as he waits patiently outside a petrol station in the capital Colombo. As a taxi driver, fuel is […]

Courtesy The Statesman MF has clearly mentioned that Sri Lanka needs to first reduce the prevalent corruption conditions and overhaul the taxation structure. Sri Lanka Economic Crises: The International Monetary Fund (IMF) shared its end-of-mission report on Thursday and highlighted the ‘corruption vulnerabilities’ in Sri Lanka. The IMF personnel had conducted a study after visiting Sri […]

Courtesy The Island AG, CJ asked to take action against lawyer for triggering violence The Human Rights Commission of Sri Lanka (HRCSL) has declared that a false allegation by President of the Committee for Protecting Rights of Prisoners (CPRP) Attorney-at-Law Senaka Perera that some prisoners were used to attack anti-government protesters outside Temple Trees and […]

Courtesy Adaderana The Chief Incumbents of the four Buddhist Chapters have written to President Gotabaya Rajapaksa, stressing 10 matters, including the creation of economic stability and provision of relief to the people. In their statement, the chief prelates said the 22nd Amendment to the Constitution should be passed in the parliament without delay. They also […]

Courtesy Adaderana The Embassy of Japan in Colombo today (July 01) categorically denied a media report which stated that Japan would not support Sri Lanka at the moment due to mismanagement of funds. According to an article published by a local newspaper, the Ambassador of Japan to Sri Lanka reportedly mentioned this during a meeting […]

Shenali D Waduge Sri Lanka was always sitting on a time bomb. Our expenses were higher than our income/revenues, our imports were higher than our exports, we were living a superficial life on loans, taking more loans to settle loans and even loans to continue our lifestyle – it was only a matter of time […]