Archive for July 12th, 2025

Developing the Sri Lankan Economy: It can be done overnight if  only we desire.

Saturday, July 12th, 2025

by Garvin Karunaratne We have little say about restrictions being imposed on us. Somehow we have to stand on our feet. In the far past we did have programmes that tackled poverty and enabled people to produce what we need. However today no attempt is being made to help people to become entrepreneurs, to make […]

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Boost for Sri Lankan garment sector after new UK trade measures

Saturday, July 12th, 2025

UK GOV Sri Lankan garment sector set to benefit following reforms to simplify imports from developing countries like Sri Lanka. On 10 July, the UK government unveiled a package of reforms to simplify imports from developing countries like Sri Lanka. Upgrades to the Developing Countries Trading Scheme (DCTS) make it easier for businesses to trade […]

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China willing to promote strategic cooperative partnership with Sri Lanka: Chinese FM

Saturday, July 12th, 2025

Source: Xinhua Chinese Foreign Minister Wang Yi, also a member of the Political Bureau of the Communist Party of China Central Committee, meets with Sri Lankan Minister of Foreign Affairs Vijitha Herath in Kuala Lumpur, Malaysia, July 12, 2025. (Xinhua/Cheng Yiheng) KUALA LUMPUR, July 12 (Xinhua) — China is willing to work with Sri Lanka […]

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Reciprocal tariff SL firm against U.S. proposed restrictive trading with China

Saturday, July 12th, 2025

Courtesy The Daily Mirror In the conduct of negotiations for the reduction of reciprocal  tariffs, the U.S. authorities have proposed some restrictive measures  on trading with China, but Sri Lanka has declined to do so in  principle in conformity with its neutral foreign policy, the Daily  Mirror learns.    Sri Lanka is among the countries […]

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The quiet unraveling How IMF reforms are reshaping Sri Lanka’s economic future

Saturday, July 12th, 2025

Courtesy The Daily Mirror Sri Lanka’s Extended Fund Facility (EFF) programme with the IMF focuses heavily on external debt restructuring to restore debt sustainability. However, external debt restructuring alone is insufficient because a large portion of debt service obligations arise from currency depreciation of external debt thereby inflating domestic debt, including treasury bills and bonds. […]

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පොරොන්දු වලින් පරිපාලනයක් හැදේද?

Saturday, July 12th, 2025

ලංකාවෙබ් කෘත්‍රිම බුද්ධිය විසින් රචිතයි ශ්‍රී ලංකාවේ මැතිවරණ පොරොන්දු: යථාර්ථය හා ඉටුකළ හැකිභාවය පිළිබඳ සම්පූර්ණ සමාලෝචනයක් ආරම්භය ශ්‍රී ලංකාවේ දේශපාලන පද්ධතිය තුළ මැතිවරණ කාලය එන විට, ජනතාවට විවිධ ආකාරයේ ආකර්ෂණීය පොරොන්දු ලබාදීම සාමාන්‍ය වටපිටාවක් වී තිබේ. මෙවන් පොරොන්දු බහුතරයක් අතිශයින් ජනප්‍රිය වුවත්, ඒවා ප්‍රායෝගික වශයෙන් ක්‍රියාත්මක වීම පිළිබඳව විශේෂ සැලකිල්ලක් දැක්විය යුතුය. මේ ලිපියේ අරමුණ […]

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Morality in politics is no easy matter

Saturday, July 12th, 2025

Courtesy The Daily Mirror This is nothing but the contradiction between theory and practice. When the NPP was in the Opposition it was the strongest critic of the government regardless of which party was in power, putting the ruling party always on the defensive. Criticising is always easy Director CID Shani Abeysekera So long as […]

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President says US tariff cut achieved through talks, further reductions sought

Saturday, July 12th, 2025

Courtesy Adaderana President Anura Kumara Dissanayake stated that, as a result of recent discussions with the United States, the previously imposed reciprocal tariff rate on Sri Lanka was successfully reduced from 44% to 30%.  He further emphasised that ongoing dialogue will continue in order to secure additional concessions. The President stated that the objective of […]

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