Courtesy Adaderana January 27, 2017  06:55 pm Former minister Bandula Gunawardena says that a revolutionary change” did occur through the unity government’s 100-day programme and that change was the Central Bank bond scam. Addressing the Joint Opposition’s rally in Nugegoda on Friday (27), he stated this government will go down in history as the first government […]

Courtesy The Daily Mirror  Mattala Rajapaksa International Airport (MRIA), which was once dubbed as a ghost airport by both local and foreign commentators, has suddenly turned into life becoming one of the busiest airports in the world, due to the temporary closure of Bandaranaike International Airport (BIA) for the relaying of its decade-old runaway. With […]

Courtesy The Daily News Tuesday, January 24, 2017 – 01:00 Sri Lanka has being ranked in the high risk (red) zone for investors in the Country Risk Score Index by Bloomberg, a privately held financial software, data, and media company headquartered in New York City. Sri Lanka has been placed in the 69th slot out […]

by Saman Indrajith Courtesy The Island January 24, 2017, 9:31 pm President Maithripala Sirisena is looking at the possibility of the government acquiring the assets and funds of Perpetual Treasuries if the company is found guilty of causing a loss to the government by the Central Bank Bond scam, Fisheries Minister Mahinda Amaraweera told Parliament yesterday. […]

Dr. Sarath Amarasiri Former Director General of Agriculture, Department of Agriculture Courtesy The Island January 24, 2017, 7:49 pm I recently read the document titled A Toxin Free Nation – A Three Year Plan, published in February 2016 by the Presidential Secretariat and the Ministry of Agriculture, which could be obtained from www.sema.gov.lk. One of the key items of […]

Al l Ceylon Customs Service Union. We oppose to abolish the Customs Ordinance and to enact a new Act with reasons. As soon as the minister presented the budget for the year 2016 with the proposal to enact a new Customs Act, we wrote to the president and pointed out the danger of abolishing the […]

BY CHARMINDA RODRIGO Courtesy Ceylon Today Former Chairman of Lanka Coal (Pvt.) Ltd Maithri Gunerathna said, “Just a week ago Lanka Coal (PVT) Ltd (LCL) floated the tender to purchase 2.2 million tons of coal for 2017. It was obvious that keeping me in the position would cause a serious effect on their income. So I […]

Courtesy The Daily Mirror The European Union (EU) said today the ratification and implementation of 27 international conventions signed by the Sri Lankan Government was the only criteria to be considered when assessing Sri Lanka’s application to re-gain the GSP+ facility. Issuing a statement, the EU said these conventions were related to international human rights, […]

ලංකාවේ වෙනදේ පසුගිය ඉරිදා ස්විස්ටර්ලන්තය බලා පිටත්ව ගිය ශ්‍රීලංකාවේ අග්‍රාමාත්‍ය රනිල් වික්‍රමසිංහ සහ මුදල් අමාත්‍ය රවි කරුනානයක යන මහත්වරුන් ඩාවොස් නුවර ලෝක ආර්ථික සමුළුව පැවත්වෙන අතරතුර චීනයේ ආසියානු යටිතල පහසුකම් සංවර්ධන බැංකුවේ AIB සභාපති ජින් ලික්කුන් Jin Liqun මහතා මුණගැසී ශ්‍රීලංකාව ණය ලබාගැනීමට සාකච්ඡා කලහ. ඊයේ පැවති මෙම සාකච්ඡාවේදි ශ්‍රීලංකාවේ මහාමාර්ග, ගුවන් තොටුපොළ, වරාය, දුම්රිය […]

by Shamindra Ferdinando Courtesy The Island Power Secy calls for scrapping of Lanka Coal Company   January 17, 2017, 9:34 pm Power and Renewable Energy Minister Ranjith Siyambalapitiya has removed attorney-at-law Maithri Gunaratne from the post of Chairman Lanka Coal Company (LCC) a week after the UNPer exposed sordid coal deals perpetrated at Sri Lanka’s expense. […]

Anti Corruption Front – Press Release  Secretary to the Ministry of Power and Renewable Energy BMS Batagoda has written to the President demanding the resisgnation of ‎Maithri Gunaratne, Chairman of Lanka Coal Company (Pvt) Ltd, who had continiously opposed the attempts to sign an unfavourable deal to import coal to Sri Lanka. A few days […]

BY Kavindya Chris Thomas Courtesy Ceylon Today The Finance Ministry claims that the country will face a dire food, water and electricity crisis should the islandwide drought continue until the April monsoon rains arrive. State Minister of Finance Lakshaman Yapa Abeygunawardene, speaking to the media yesterday, said the government is expecting USD 1.5 billion to implement […]

By C. A. Chandraprema Courtesy The Island January 16, 2017, 7:58 pm The government has been ecstatic at being granted GSP+ again by the European Commission. It hasn’t however revealed the conditions it has agreed to in order to get this trade concession. In this context, two documents are of interest to us. The first of […]

Courtesy The Island Even though it appeared as if the two partners in the government had closed ranks and resolved to carry on the unity government till 2020, new divergences of opinion appeared in the ruling coalition between the UNP and the SLFP (Sirisena faction) on the one hand and among Sirisena loyalists on the […]

Editorial Courtesy The Island January 14, 2017, 7:21 pm It is not for us to judge whether former Minister Wimal Weerawansa is guilty or not of flagrant abuse of public property, as alleged in charges filed against him by investigatory authorities of the State in ongoing court proceedings. He has been remanded on these charges and […]

Xinhua COLOMBO, Jan 13 (Xinhua) — Sri Lanka’s several districts would face severe drought conditions in the coming three weeks as very little rain was expected, the country’s disaster management official warned. As a result, drinking water was distributed in 17 districts to families who faced a severe water shortage. Disaster Management officials said that […]

Xinhua COLOMBO, June 4 (Xinhua) — The interest rate of a Chinese loan to construct the Hambantota Port in southern Sri Lanka is appropriate and low, a leading financial expert said in respond to local media’s questioning of the loan. The expert said the 15-year loan agreement of Hambantota Port Phase I was signed between […]

Courtesy  Adaderana January 10, 2017  06:38 pm Former President Mahinda Rajapaksa says that as a matter of principle, he is against the leasing of the entire Hambantota harbour for 99 years and giving the rights of the landlord over the industrial zone to a foreign private company. He said that the industrial zone and the harbour […]

Production rate reduced during last two years – Bandula

මාධ්‍ය නිවේදනය 2017 ජනවාරි 10 හම්බන්තොට වරාය ගණුදෙනුව හම්බන්තොට වරායේ අනාගතය මේ අවස්ථාවේදී සාකච්ඡා වෙමින් පවතින නිසා, ඒ සම්බන්ධයෙන් මගේ අදහස් ඉදිරිපත් කිරීමට කැමැත්තෙමි. මේ වරාය ඉදිකිරීමට පළමු අදියර සඳහා ඩොලර් මිලියන 450 ක් ද, තෙල් ටැංකි සංකීර්ණය සඳහා ඩොලර් මිලියන 70ක් ද, දෙවන අදියර සඳහා ඩොලර් මිලියන 802 ක් ද වශයෙන් ඩොලර් මිලියන 1,322 […]

Mahinda Rajapaksa Former President of Sri Lanka Since the future of the Hambantota port is now under discussion, I wish to explain to the public, my position on this matter. The loans taken for the construction of this harbour were 450 million USD for the first phase, 70 million USD for the bunkering facility and 802 […]

ලංකා සී නිවුස් හිටපු ජනාධිපති මහින්ද රාජපක්ෂ මහතා අද සිය නිල නිවසේදී මෙරට චීන තානාපති හමුවිය. එහිදි හම්බන්තොට ඉඩම් අක්කර 15000ක් ලබා දීම සම්බන්දයෙන් සාකච්චා වූ අතර හිටපු ජනාධිපතිවරයා එහිදී කියා සිටියේ ජනතාවගේ ඉඩම් මංකොල්ල කෑමට රජයට ඉඩ දීමට ජනතාව සුදානම් නොමැති බවයි. චීනය සමග ඇති තම හිතවත්කම එලෙසම පවතින බවද කී රාජපක්‍ෂ මහතා එහෙත් […]

තමීර මංජු ලංකා සී නිවුස් කවුරු කලබල වුවත් හම්බන්තොට වරාය චීන සමාගමට බදු දීම කල් ගෙන රටට වාසිදායක ලෙස සිදු කරන බව වරාය සහ නාවික අමාත්‍ය අර්ජුන රණතුංග පවසයි. හම්බන්තොට වරායට ආයෝජකයින් කැඳවීමේදී රටට ආවාසිදායක නොවන ලෙස සිදු කරන්නැයි ජනාධිපතිතුමා සහ අගමැතිතුමා තමන්ට උපෙදස් දී ඇතැයිද අමාත්‍ය අර්ජුන රණතුංග පැවසීය. ඔහු මේ බව කියා සිටියේ […]

ලංකා සී නිවුස් ආණ්ඩු ක‍්‍රම ව්‍යවස්ථාව අනුව රජයේ ඉඩම් පැවරීමේ අයිතිය ඇත්තේ ජනාධිපතිවරයාට පමණක් බව හිටපු අගවිනිසුරු සරත් එන්. සිල්වා මහතා පවසයි. අගමැති රනිල්ට හෝ ඇමති මලික්ට එය කිසිසේත්ම කල නොහැකි බවද පවසන ඒ මහතා චීන තානාපතිවරයාගෙන් ඉල්ලා සිටියේ මෙරට ආණ්ඩු ක‍්‍රම ව්‍යවස්ථාවට අනුව පමණක් ඉඩම් ගන්නා ලෙසයි. මෙම ඉඩම නීත්‍යනුකූලව නැවත පවරා ගන්නා බවත් […]

By Ajit Kanagasundram (The writer is a former Central Bank officer who has worked in Singapore since 1983 as the head of automation in Asia Pacific for an American multi-national Bank. He is currently involved in renewable energy projects in Indonesia and Sri Lanka) Although I have lived and worked in Singapore since the riots […]

Courtesy adaderana Participating in an International Monetary Fund (IMF) programme is similar to one falling ill and being admitted to hospital, that though the Sri Lankan economy has not become a seriously ill patient who should be admitted to the intensive care unit (ICU), but has clearly become a patient who had to be admitted […]

Courtesy Reuters http://www.reuters.com/article/sri-lanka-stocks-idUSL4N1EV3CA Jan 5 Sri Lankan shares fell for a fifth straight session and ended at a nine-month low on Thursday as foreign investors continued to sell shares, offloading close to one billion rupees worth of stocks in the first four sessions of the new year. Foreign investors sold a net 181.7 million rupees […]

JO calls for discussion on issuing of Rs.5000 by CB 5000 නෝට්ටු සිදුවීම ගැන මහබැංකු අධිපති අදහස් දක්වයි

Courtesy Adaderana January 4, 2017  09:44 am Eight Members of the Sri Lankan parliament belonging to the Pro-Mahinda Rajapaksa Joint Opposition have written to President Maithripala Sirisena appealing to him to scuttle the Public Private Partnership (PPP) Framework Agreement signed between the government and the China Merchant Ports Holding Company on the management of the Hambantota […]

January 4, 2017 at 10:52 pm | lanka C news | ලංකා සී නිවුස් යහපාලන රජයේ ආර්ථික ප්‍රතිපත්ති හේතුවෙන් ලොව බලවත් රටවල්වලින් විශාල ආයෝජන එන බව ආණ්ඩුවේ ප‍්‍රධානීන් නිතර කියයි. ජනාධිපති මෛත්‍රීපාල සිරිසේන මහතා යුරෝපයේ රටවල් කිහිපයකම විශේෂ රාජ්‍ය අමුත්තෙකු ලෙස සංචාරය කල අතර ජර්මනියේ සිටින ලොව බලවත්ම් රාජ්‍ය නායිකාවක් වන චාන්සලර් ඇන්ජ්ලා මාර්කෙර්ද මුණ […]