Courtesy The Daily Mirror Leading economist Prof. Rohan Samarajiva, who is also chair of LIRNEasia, spells out the way forward for the country in the aftermath of the arrangement with the International Monetary Fund (IMF). Excerpts of the interview: Q   Sri Lanka celebrates the arrangement with the International Monetary Fund (IMF). But, there is a long way […]

By Neville Ladduwahetty Courtesy The Island During his address to the Economic Dialogue – IMF and Beyond”, the President declared that Sri Lanka is at a crossroad and it was the nation’s last chance to forge ahead or fail (Daily FT, 31, 2023). Now that Sri Lanka has committed itself to the terms and conditions […]

by C. A. Chandraprema In comparison to the provisions in the Anti-Terrorism Bill to confer on Magistrates the discretionary power to place terrorist suspects in custody, the provision for judicial review in the amendment to the PTA passed last year appears to be a much more practicable alternative because it is the Supreme Court and […]

Courtesy The Daily Mirror The Transport and Highways Ministry will seek foreign investments to reconstruct the British-era rail track from Nanu-Oya to Ragala via Nuwara-Eliya, a Minister said. The 31-kilometre narrow-gauge rail track was constructed during the British time. However, it had been dismantled later by the British rulers, apparently due to lack of commercial […]

Courtesy The Daily Mirror A card system will be introduced this year to enable passengers to obtain tickets for Sri Lanka Transport Board (SLTB) buses instead of using money, Transport Minister Bandula Gunawardena said. Accordingly, a new technical solution will be introduced for passengers to obtain bus tickets using a QR code. Minister Gunawardena said […]

Courtesy The Daily Mirror The Sri Lankan Rupee (LKR) has further appreciated against the US Dollar (USD) today, according to the Central Bank. Accordingly, today’s buying rate of USD is Rs. 311.63 while the selling rate is Rs. 327.72.

Courtesy The Daily Mirror The government has decided to allow the entry of three foreign companies to sell fuel below the prices set by the Ceylon Petroleum Corporation (CPC) for the benefit of the government as well as the people, Finance State Minister Ranjith Siyambalapitiya said. “We still face the main problem of making fuel […]

Courtesy Adaderana President Ranil Wickremesinghe directed officials to develop a formal plan aimed at maximizing the contribution of the Nuwara Eliya District, a major tourist city, to the Sri Lankan Government’s program to establish a stable economy within a four-year timeframe. During a discussion held at the Nuwara Eliya District Secretariat this morning (10), the […]

Courtesy Adaderana Minister of Foreign Affairs Ali Sabry convened a briefing on current developments in Sri Lanka for the Colombo-based diplomatic corps on Monday (10 April).  Minister of State of Foreign Affairs Tharaka Balasuriya, Chief of Staff to the President Sagala Ratnayaka and Foreign Secretary Aruni Wijewardane were associated with the briefing, the Ministry of […]

Courtesy Hiru News Former Central Bank Governor Dr. Indrajit Coomaraswamy said that foreign creditors would want to get the debt restructuring exercise over with as quickly as possible. He noted that it wouldn’t be in the interests of foreign creditors to put the local banking sector into crisis. He added that macroeconomic indicators had improved […]

Shenali D Waduge This is taking place at 2 levels – targeting adults & the Sangha through various denationalization programs in order to take them away from defending/protecting/preserving National Culture/Heritage & then using education as a platform to ensure the formative years of a child are brainwashed via textbooks & other initiatives so they too […]

Dilrook Kannangara Sadly the nation has been pushed to a corner without many options. Who did it is a bygone debate now as time is running out. Sri Lanka needs a surviving mechanism. Without it the island nation will totally capitulate to the New Great Game. Those who dream about utopian options that does not […]

Sasanka De Silva, Pannipitiya Giving” can be defined as providing something to someone else without expecting anything in return. It is a selfless act that can be done in many forms, including donating money, volunteering time, or simply offering a kind word or gesture. Giving has numerous benefits, both for the recipient and the giver. One […]

රජිත් කීර්ති තෙන්නකෝන් අධ්‍යක්ෂ ජනරාල් (ප්‍රජා කටයුතු) දකුණ හා මධ්‍යම පළාත් හිටපු ආණ්ඩුකාරවර ජාත්‍යන්තර මුල්‍ය අරමුදල සහ ශ්‍රී ලංකා රජය අතර වොෂින්ටන් නුවර දී ඉහළ මට්ටමේ රාජ්‍ය තාන්ත්‍රික සාකච්ඡා ඇරඹීමට පැය  48 ක් තිබිය දී, ජවිපෙ නායක අනුර කුමාර දිසානායක මහ බැංකු අධිපති නන්දලාල් වීරසිංහ ට බර අවි ප්‍රහාරයක් එල්ල කරන්නේ කෙසේ හෝ ‘  වැඩසටහන […]

Manusha Media ශ්‍රී ලාංකික ශ්‍රමිකයින්ට ඉහළ ආදායම් ලබාගත හැකි වැඩි රැකියා සංඛ්‍යාවක් ලබාගැනීමටත්, ජපාන රැකියා ඉලක්ක කරගත් පුහුණු මධ්‍යස්ථාන ආරම්භ කිරීමටත් අවශ්‍ය කටයුතු සම්බන්ධයෙන් අවධානය යොමුකරමින් ජපානයේ නිල සංචාරයක නිතරවන කම්කරු සහ විදේශ රැකියා අමාත්‍ය මනුෂ නානායක්කාර මහතා, ජපානයේ ඉහළ පෙලේ රාජ්‍ය තාන්ත්‍රිකයින් හා රැකියා සදහා බදවා ගනු ලබන ආයතනවල ප්‍රධානීන් හමුවී ද්වි පාර්ශවික එකගතාවයන්ට පැමිණ […]

Senaka Weeraratna The Vatican has publicly apologized for helping European colonizers in the past. But does the apology mean anything? Palki Sharma tells you more Don Juan Dharmapala and the Portuguese Inquisition in Ceylon The Website ‘ Wings of Time – Footsteps through History of Sri Lanka’ provides a series of web links giving fascinating […]

(Sarath Wijesinghe President’s Counsel, former Ambassador to UAE and Israel, President Ambassador’s Forum, Solicitor England and Wales) ‘Study of Law’ Study of law is study of social sciences, education of human beings, to govern over persons, social, political, business and like through the rules and study of those relationships. It runs back to ages and […]

By Garvin Karunaratne Half a century ago I was privileged to be one of the youngest lieutenants handpicked to implement the Paddy Lands Act, the magnificent piece of legislation devised by the visionary leader Hon Philip Gunawardena to allay all the ills of peasant agriculture in Sri Lanka.  It was a time when our country, […]

Courtesy Adaderana To tackle the enormous economic challenge that Sri Lanka is facing, everyone must come together to support the recovery and promote stable and inclusive growth, says the International Monetary Fund (IMF) Senior Mission Chief for Sri Lanka Peter Breuer. Speaking in a video on the IMF YouTube channel on supporting recovery and promoting […]

Courtesy Adaderana Sri Lanka’s Justice Minister Wijeyadasa Rajapakshe said on Sunday that the government would follow the Supreme Court’s observations on the proposed new Anti-Terrorism Act (ATA), amid objection from the Opposition and the civil society groups. He said the decision to delay the tabling of the bill in parliament was based on requests made […]

Courtesy Adaderana Minister of Labour and Foreign Employment Manusha Nanayakkara says Sri Lanka has reached a bilateral agreement with the government of Japan, in order to establish training centres aimed at Japanese employment that will open up more employment opportunities in Japan which generate higher income. Minister Manusha Nanayakkara, who is on an official visit […]

Courtesy Adaderana Sri Lankan President Ranil Wickremesinghe on Sunday assured justice for all the victims of the 2019 Easter bombings in which 270 people were killed, saying legal proceedings are being processed independently and impartially, without any influence.  President Wickremesinghe also pledged his unwavering commitment to ensuring the security of the country, by preventing any […]

by Garvin Karunaratne

Courtesy WION STORY HIGHLIGHTS Before approving the loan, the IMF had urged Sri Lanka to reduce corruption by improving fiscal transparency and public financial management and introducing a stronger anti-corruption legal framework. Sri Lanka has gazetted a new anti-corruption bill that is in line with the conditions listed by the International Monetary Fund (IMF) before […]

DR KALINGA SENEVIRATNE courtesy The Fiji Times For almost two years, the western media, aided by its Indian counterparts, has flogged a false narrative of predatory Chinese lending as the cause of Sri Lanka’s debt crisis, ignoring the fact that it is reckless borrowing and lending in the International Sovereign Bond (ISB) market which is […]

Courtesy The New Indian Express In December 2022, the NIA arrested nine people from the Sri Lankan refugee camp in Tiruchy. CHENNAI: The National Investigation Agency (NIA) on Thursday conducted searches in eight locations in the city and arrested a trader for allegedly possessing unaccounted cash, ganja and gold, among other things. The authorities made […]

Courtesy Adaderana The Medical Supplies Division (MSD) of the Ministry of Health has temporarily withdrawn the use of an anaesthetic drug used for surgeries in Sri Lanka with immediate effect. Accordingly, the use of three categories of the relevant drug has been temporarily withdrawn.  The drug was received under the Indian Line of Credit, and […]

Courtesy The Daily Mirror – Ranil says he will consult all parties concerned and a presidential poll may be held early 2024 – Informs opposition MPs that he presently has the numbers in Parliament – Will call for Parliament to work as one after IMF agreement presented in House President Ranil Wickremesinghe will contest the […]

Sasanka De Silva Fiscal stability refers to a condition or state in which a country’s government manages its finances responsibly and sustainably, with its revenues and expenditures in balance or in a stable and manageable relationship over time. It is often characterized by a government’s ability to effectively manage its fiscal policies, including taxation, spending, […]

Dilrook Kannangara Selling state enterprises is not the right thing to do. If Sweden, Singapore and even Sri Lanka before 1972 could do it, state business undertakings can profit and run efficiently. However, the current state of affairs surrounding state businesses is pathetic and they cannot be salvaged. On top of that Sri Lanka is […]