Courtesy Khaleej Times Petrol price will be reduced by 40 rupees to 370 rupees a litre from Monday night, says energy ministry Crisis-hit Sri Lanka slashed fuel prices on Monday, the second cut in as many weeks, after the World Bank warned that the economy will shrink an unprecedented 9.2 per cent this year. The […]

Courtesy The Daily Mirror raveller Australia, the travel section of the two top Australia newspapers; Sydney Morning Herald and the Melbourne Age, included three Sri Lankan hotels in its annual roundup “The best of the best: World’s top hotels” This is perfect timed with the lifting of the Australia travel advisory on Sri Lanka.  Ceylon […]

Courtesy Adaderana Due to high risk of debt distress, fiscal situation not only constrains the ability of governments to meet immediate development needs but also limits their ability to invest in longer-term challenges, such as climate change, says State Minister of Finance Shehan Semasinghe. The State Minister, who is in Washington D.C. for the IMF […]

Courtesy Adaderana Japan is working to organize a meeting of Sri Lanka’s creditors by the end of this year in hopes of solving that country’s debt crisis, The Yomiuri Shimbun has learned. The meeting, which will discuss such issues as finding ways to reduce debt payments, aims to curb China’s influence by helping Sri Lanka […]

Courtesy Adaderana A group of activists who were arrested on suspicion of violent behaviour during a protest held by the Inter-University Students’ Federation (IUSF) in Colombo, have been produced before the Government Analyst’s Department today (Oct 17). They were produced before the Government Analyst, according to a request made to the Fort Magistrate to identify […]

Sugath Kulatunga The two-fold objective of a devaluation exercise is to stimulate exports and reduce imports. For exports to increase it depends on elasticity of supply and demand. At the time of devaluation in 1977 our exports were mainly Tea, rubber and coconut products which made up of around 70 percent of the export value. […]

Courtesy NewsIn.Asia Oct 16 (NewsWire) – Sri Lanka has been ranked among the top 13 safest countries to travel in the Word as per the popular online travel community platform WorldPackers.com. Out of top 13 countries, Sri Lanka is ranked 12th while Iceland is ranked the safest country to travel as per the latest WorldPackers.com […]

Courtesy e-Con e-News In the midst of the annual US World Bank & IMF financial frolic in Washington…With all their suited & tied mannequins-of-color in attendance…The Governor of the Central Bank declares out loud: Sri Lanka will not take part in alternate international payment systems: Central Bank declines to accept Russian Mir Payment System…Central Bank […]

Courtesy Adaderana President Ranil Wickremesinghe stated that he had recently discussed Sri Lanka’s debt restructuring with the Chinese Finance Minister and he is optimistic that the discussions in this regard would be concluded successfully. The President further mentioned that the delegation headed by the State Minister of Finance, who is currently in Washington, held initial […]

Courtesy Hiru News Ceylon Electricity Board and the Ceylon Petroleum Corporation are expected to be restructured after obtaining approval for the final report on submission to the President and the Cabinet according to Minister Kanchana Wijesekera

Sugath Kulatunga Courtesy Sugath Kulatunga FB page. The two-fold objective of a devaluation exercise is to stimulate exports and reduce imports. For exports to increase it depends on elasticity of supply and demand. At the time of devaluation in 1977 our exports were mainly Tea, rubber and coconut products which made up of around 70 […]

By Luxman Siriwardena and Chanuka Wattegama Courtesy The Sunday Times (LK) Published on 17th April 2011 The main opposition party has recently demanded a devaluation of the Sri Lankan Rupee (LKR) to ‘increase exports’ and ‘boost the economy’. This process, claims our ‘government-in-waiting’, is the assured remedy to increase the share of exports in the […]

By Sena Thoradeniya Engineering the ouster of the Sri Lankan President Gotabhaya Rajapaksa and satisfied with the ascension of a person of their preference, Western power block headed by the US and INGOs now have moved their operations once again to Teheran, Iran. Iran, known as Persia until 1935, founded by Cyrus the Great has […]

BY EDWARD THEOPHILUS University ragging was treated as a way of socialization and was limited to the beginning two weeks after commencing university education. Later the aspect of ragging expanded to more than socialization and ragging expanded to amatory crimes when it was expanded to not only the university premises but also adjoining areas and […]

PEPE ESCOBAR  Courtesy The Unz Review Everything that matters in the complex process of Eurasia integration was once again at play in Astana, as the – renamed – Kazakh capital hosted the 6th Conference on Interaction and Confidence-Building Measures in Asia (CICA). The roll call was a Eurasian thing of beauty – featuring the leaders of […]

අග්‍රාමාත්‍ය මාධ්‍ය අංශය • පාර්ලිමේන්තුවේ බලය බහුතර ශක්තිය තිබෙන්නේ වත්මන් ආණ්ඩුවටයි…..• ස්ථාවර ආණ්ඩුවක් බිහිකර  අවසන්…..• දේශපාලන මතභේද ඇති කර ගැනීම වෙනුවට වත්මන් අර්බුදයට මුහුණ දීමට සියලු දෙනා එකට අත්වැල් බැඳගත යුතුයි…..• රටේ ආර්ථික ගමන සම්පූර්ණ විශ්වාසනීය අනාගතයකට පරිවර්තනය කිරීමට හැකියාව ඇත්තේ  ගොවි ජනතාවටයි.-අග්‍රාමාත්‍ය දිනේෂ් ගුණවර්ධන බහුතර ඡන්දයෙන්  ජනාධිපතිවරයකු පත්වීම තුළින් වත්මන් ආණ්ඩුවේ ස්ථාවර භාවය පැහැදිලි […]

Hiru News The IMF says Sri Lanka is a middle income country and remains a middle income country even with the decline in GDP that is seen. The Extended Fund Facility is not a concessional. Its a regular IMF facility. Speaking during the IMF press conference on the Asia and Pacific Region’s Economic Outlook, Deputy […]

Courtesy Adaderana President Ranil Wickremesinghe says everyone should join together to solve the people’s food issues, casting traditional party politics aside. The President made this observation addressing the public officers at an awareness program on the multi-sector mechanism to empower rural economic revitalization centers to ensure food security and nutrition at Hardy Advanced Technological Institute […]

Courtesy Adaderana Due to the adverse weather, three individuals have died so far, the Disaster Management Centre (DMC) says. Meanwhile, 55,435 people in total from 13,902 families have been affected. Speaking on the current situation, Director of Irrigation (Hydrology) Eng. S.P.C. Sugeeshwara said the risks of minor floods in low-lying areas of Kuda Ganga and […]

Courtesy Adaderana The International Monetary Fund is working with other multilateral lenders including the World Bank, and the Asian Development Bank (ADB) on financing programmes for Sri Lanka, the IMF’s Deputy Director for Asia Pacific says. According to Anne-Marie Gulde-Wolf, policies under other multilateral lenders in their areas of expertise will be important to resolve […]

උපුටා ගැන්ම  හිරු පුවත් ගාලු මුවදොර අරගලය සම්බන්ධයෙන් රාජ්‍ය බුද්ධි අංශයේ ප්‍රධානියා විසින් පාර්ලිමේන්තු මන්ත්‍රීවරුන්ට විශේෂ හෙළිදරව්වක් සිදු කළ බව පොදුජනපෙරමුණේ පාර්ලිමේන්තු මන්ත්‍රී සාගර කාරියවසම් පවසනවා. ඔහු මේ බව පැවසුවේ පොළොන්නරුව ගිරිතලේ ප්‍රදේශයේ පැවති පොදුජන පෙරමුණේ රැස්වීමකට එක්වෙමින්. “ලක්ෂ 02කකට බය වී අඩියක් පස්සට ගියා – පොදුජන පෙරමුණට එතෙරෙන් ලැබෙන පැසසුම්

KAMALIKA PIERIS USA devised its own methods of controlling other countries. US installed puppet governments in the countries they were interested in.  US looked for a pro-US local   politician, who says he wants to transform the country. Then using NGOs, ethnic and religious minorities groups, opposition political parties and the English language media in the […]

Capt Elmo Jayawardena A few years ago there was an extremely popular book in North America called What Colour is Your Parachute?”  It is a great book that all young people who leave universities from all parts of the planet should read. The contents wise up the reader what they need to do to get […]

ලංකාවේ වෙනදේ මුලතිව් මහෙස්ත්‍රාත් ලබාදෙන තීන්දූ,. 2020/10/22 පුරාවිද්‍යා දේපාර්තමේන්තුවේ රාජකාරිය අඛණ්ඩව සිදුකරන්න. ..2022/07/14 සංරක්ෂණය වන ස්ථූපය ඇතුළු නිර්මාණ ඉවත් කරන්න,.. #නීතීපති දෙපාර්තමේන්තුව සහ පුරාවිද්‍යා අධ්‍යෂක ජෙනරාල්තුමා කරැණු පැහැදිලි කළ පසු,2022/07/19 ඔහු විසින් මීට පෙර ලබාදුන් නියෝගය (07/14) අත්හිටවූ අතර ඊට කලින් පැවති ආකාරයට වැඩකටයුතු සිදුකරන්න (එනම් 2020/10/22 ලබාදුන් තීන්දුව පරිදි කටයුතු කරන්න [පුරාවිද්‍යා දේපාර්තමේන්තුවට රිසි […]

උපුටා ගැන්ම  හිරු පුවත් අවශ්‍ය කරන සැකකරුවන් 13 දෙනෙකු හඳුනා ගැනීම සඳහා පොලිසිය මහජන සහාය පතනවා. මෙම පිරිස පසුගිය අගෝස්තු මස 18 වනදා අන්තර් විශ්ව විද්‍යාලයීය ශිෂ්‍ය බල මණ්ඩලය විසින් යුනියන් පෙදෙසේදී පවත්වන ලද නීති විරෝධී රැස්වීමක හා පෙළපාලියක සාමාජිකයන්ව සිටි බවයි පොලිසිය සඳහන් කළේ. ඒ අනුව මෙම රැස්වීමට අදාළව ලබාගත් වීඩියෝ දර්ශන අනුව අත්අඩංගුවට […]

Courtesy NDTV President Wickremesinghe as the Prime Minister in 2003 had awarded the Indian Oil Company to develop the 850-acre World War II built oil tanks in Trincomalee for an annual payment of USD 100,000 Colombo:  Sri Lanka has to cooperate with India to develop the crisis-hit island nation, President Ranil Wickremesinghe said today, underlining […]

Courtesy The Daily Mirror China’s Ambassador to Sri Lanka Qi Zhenhong today assured former President Mahinda Rajapaksa that Chinese tourists would begin to visit Sri Lanka soon as China’s COVID-19 common policy allows. The Chinese envoy paid a courtesy call on Mahinda Rajapaksa today where the two discussed a wide range of issues in relation […]

Courtesy Adaderana President Ranil Wickremesinghe emphasized the importance of ensuring food security in the country by cultivating all arable agricultural lands, the President’s Media Division (PMD) says. These remarks were made by the President participating in a discussion held at the Eastern Province Governor’s office this afternoon (Oct 14), with the farmers of Trincomalee District […]

Charith Gunawardena People must protect themselves from poor local governance and the imperfect global economic order The Annual Meeting of the Boards of Governors of the International Monetary Fund (IMF) and the World Bank Group (WBG) in Washington DC this October, will discuss issues of global concern. Debt justice should be at the top of their […]

BY EDWARD THEOPHILUS The concept of economic crime is involved in a broader area of activities that could be financially valued and a vital aspect of economic crime could be seen it has ample relationships with illegally gaining financial benefits from an economic transaction. Defining an economic crime is a hard task because it involves […]