By Shamindra Ferdinando Courtesy The Island Dr. Rajapakshe and Dr. de Silva Top SJB spokesman Dr. Harsha de Silva on Monday (20) dismissed Justice Minister Dr. Wijeyadasa Rajapakshe’s claim that well over USD 56.5 bn had been parked overseas by some exporters. Dr. de Silva also contradicted claims made by rebel SLPP MPs Vasudeva Nanayakkara, […]

by Chandre Dharmawardana  Courtesy The Island The Supreme Court has ruled (with one dissenting against four assenting voices) on 14th November 2023 that three members of the Rajapaksa family, including two former Presidents and a coterie of their close officials were responsible for the country’s worst economic crisis that ended in bankruptcy. The petition by civil […]

By Shamindra Ferdinando Courtesy The Island demands that govt. adhere to Fiscal Management (Responsibility) Act Rebel SLPP MP Gevindu Cumaratunga yesterday (23) said that Sri Lanka should be concerned about external interventions in the judiciary.MP Cumaratunga told The Island that without any malicious intent, on behalf of the Nidahasa Janatha Sabhawa he raised the issue at hand […]

Courtesy The Island State Minister for Defence, Pramitha Bandara Tennakoon, addressing a Press Briefing held under the theme ‘Collective Path to a Stable Country,’ at the Presidential Media Centre (PMC) today (24) said that Sri Lanka was losing around US$200 million annually as only 116 of the 122 Electronic Navigation Charts (ENC) which  map out Sri Lanka […]

Courtesy The Daily Mirror COLOMBO (Daily Mirror) – Former Bar Association of Sri Lanka (BASL) President Saliya Pieris PC today rejected the claims by President  Ranil Wickremesinghe in Parliament that Pieris had ambitions to be Prime Minister prior to May 9, 2022. Sharing a post on Facebook, Pieris said that the President had mentioned his […]

Courtesy The Daily Mirror Colombo Nov. 24 (Daily Mirror)- Former Minister of Fisheries Rajitha Senaratne and two others who were indicted before the Colombo High Court, for causing losses to the State when leasing out the Modara Fisheries Harbour to a private company in 2014, pleaded not guilty of the charges following the reading out […]

BY AJITH SIRIWARDANA AND YOHAN PERERA Courtesy The Daily Mirror Parliament, Nov.24 (Daily Mirror) Revealing that a certain private institution had obtained a loan amounting to Rs. 7 billion from the Bank of Ceylon and People’s Bank using the same security, Opposition Leader Sajith Premadasa today urged the government to disclose the names of the […]

Courtesy The Daily Mirror Colombo, Nov.24 (Daily Mirror) – President Ranil Wickremesinghe has slammed the Indian government for criticizing Sri Lanka at the United Nations over the issue of Sri Lankan Tamils. I don’t agree with Indian comments.  I was surprised that India criticized our record,” Wickremesinghe said during an exclusive interview with First post.  […]

Courtesy Adaderana The Monetary Policy Board of the Central Bank of Sri Lanka (CBSL) has decided to further reduce the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) of the Central Bank by 100 basis points (bps) to 9.00% and 10.00%, respectively. At its meeting on Thursday (Nov.23), the Board arrived […]

Courtesy Adaderana The Sri Lankan government and the European Union (EU) have signed a financing agreement to promote a circular economy and sustainable consumption and production in the food sector.  The grant of EUR 15 million from the EU aims to increase food availability for vulnerable people through more efficient distribution channels/mechanisms of food, avoiding […]