- island.lk

Trade, Commerce and Food Security Minister Nalin Fernando has revealed that about 30,000 tonnes of rice, imported to meet the shortfall in the market, have been used as animal feed. The disclosure was made at the inaugural meet of the Food Security Committee, held at the Ministry yesterday (17). Among those present were Secretaries to […]

- island.lk

…questions mysterious cancellation of Japanese-funded LRT project By Shamindra Ferdinando Ruling party rebel lawmaker Prof. Charitha Herath says that the cancellation of the Japanese funded USD 1.5 bn light rail transit (LRT) project remains a mystery. The SLPP National List MP told The Island yesterday (17) that his efforts, in his former capacity as Chairman […]

- island.lk

Govt. briefs international community ahead of Geneva sessions The government has assured the Colombo-based diplomatic community that the restoration of the provisions in the 19th Amendment, by the enactment of the 21st Amendment, would strengthen parliamentary democracy, enhance oversight of the executive branches of government and ensure independence of key institutions. The government also said ...

- island.lk

By Hiran H.Senewiratne The entire government/ public sector ran on without accountability to their spending on various development projects, despite having a huge number of government servants, which runs into 1.5 million. That is why the country encounters a huge debt crisis that amounts to US $ 60 billion or Rs 70 trillion, Prof. Lakshman […]

- island.lk

Thursday 18th August 2022 Speculation is rife that former President Gotabaya Rajapaksa is planning to return to Sri Lanka. The question, however, is not whether he is coming, but what he is doing overseas. The anti-government protesters who engineered his ouster called upon him to ‘go home’; they did not ask him to flee the […]

- island.lk

Coming on almost the eve of India’s 75th independence anniversary celebrations, the election of woman tribal leader Droupadi Murmu to the prestigious position of India’s President underscores afresh the country’s democratic credentials. While the historic Partitioning of India in 1947 drew attention to the endemic and destructive presence of identity politics in the Indian sub-continent, […]

- island.lk

By Dr Upul Wijayawardhana Scapegoat, according to the third book of the Torah and of the Old Testament – Leviticus, is the goat that was sent to the wilderness after the Jewish priest had symbolically laid all the sins of the people on it. It looks as if we had done the same to Gota, […]

- island.lk

by Ifham Nizam The Island spoke to Asiff Hussein, Vice-President, Outreach of the Centre for Islamic Studies (CIS) about cultural contribution of Muslims and misconceptions about the Islamic faith. Q: You have lectured extensively on Muslim Cultural Contribution. So, how would you describe such contribution both locally and internationally? A: Islam has throughout history been […]

- island.lk

Although the price of eggs in the market goes up daily, the size is getting smaller. Producers are facing many problems in running their poultry farms, and as a result they increase the price. Consumers are helpless in this situation, and have to buy whatever is available – irrespective of the size or the price […]

- island.lk

Samagi Jana Balavegaya MP Eran Wickremaratne yesterday (17) said 52 state enterprises had suffered staggering losses, totalling Rs 560 bn, during the period January-April of this year. The accusation was made at a media briefing at the Opposition Leader’s Office, at Sir Marcus Fernando Mawatha. The former UNP State Minister demanded that restructuring of such […]

- island.lk

Ambassador of the Republic of Korea, Santhush Woonjin Jeong said the newly introduced relaxed visa regulations will help to attract more Korean investors to Sri Lanka. Pointing out that Korea was the top most investor, in Sri Lank, in the 1980s, the Ambassador said his country desires to regain that position by increasing investments. He […]

- island.lk

Supply of natural gas to power plants By Ifham Nizam The Ceylon Electricity Board (CEB) General Manager has forwarded a draft agreement to the Ministry of Finance recommending that exclusive rights be granted to a Chinese company for supplying natural gas (regasified LNG) to power plants at Kerawalapitiya and Kelanitissa. The CEB invited international bids […]

- island.lk

by Reemus Fernando    Wesley College opening batsman Anuga Pahansara bowed out of the ongoing Under 17 Division I Limited Overs Tournament as the highest scorer when his team were knocked out by St. Peter’s at the pre-quarter-final hurdle on Tuesday. Pahansara had an aggregate of 381 runs in seven matches when his team were […]

- island.lk

By Hiran H.Senewiratne The CSE turned negative yesterday due to profit- takings but during the last session the market showed some recovery on account of some stability in the macro- economic arena and on the political front in the country, stock market analysts said. Developments in favour of the market were: A UK trade arrangement […]

- island.lk

by Sanath Nanayakkare In the past, Inspectors of the Labour Department visiting and checking business establishments was perceived as a ‘raid’, and now it’s time to have a break in this perception and promote mutual understanding between employers and employees over the direction industrial relations should go beyond the existing labour laws, the Labour Department […]

- island.lk

Most of us lead very busy lives that often keep us away from home. Regardless, it is important to ensure the safety of your home and loved ones while you are away. A smart system that alerts you of any unexpected guests, intruders wherever you are is ideal. However, finding a security solution that is […]

- island.lk

The national Insurer Sri Lanka Insurance enters into a strategic tie up and signed a Memorandum of Understanding (MoU) with the Ceylon Motor Traders Association (CMTA) the representative body of Sri Lanka Automotive industry to provide an exclusive vehicle insurance package for the CMTA members. The MoU exchange took place between the two parties recently […]

- island.lk

Seylan Bank, the Bank with a Heart, in partnership with the Ceylon Chamber of Commerce (CCC) Centre for SMEs and CIMA, conducted a workshop in Puttalam for owners of SME businesses from the area. Over the years, Seylan Bank has taken up the role of mentor towards the SME sector in Sri Lanka, with the […]

- island.lk

Text and pix by Ravindu Gunatilleke, our Badalkumbura corr. A speeding three wheeler on Monday (15) crashed into a double cab at Handapanagala junction on the Wellawaya-Thanamalwila road. Five persons injured in the accident were admitted to the Moneragala hospital. The driver and a woman were receiving treatment at the intensive care unit of the […]

- island.lk

Canada and Sri Lanka, on Monday (15), signed a Memorandum of Understanding (MoU), to implement the WUSC Volunteer Cooperation Programme 2020-2027. The MoU was signed by High Commissioner of Canada to Sri Lanka David McKinnon, and Secretary, Ministry of Finance, Economic Stabilization and National Policies K.M. Mahinda Siriwardana, at the Ministry of Finance, the Canadian […]

- adaderana.lk

Regional Director for Asia-Pacific from the United Nations Development Coordination Office (UNDCO) David McLachlan-Karr has called on Sri Lanka s Minister of Foreign Affairs on Wednesday (Aug 17), UN Resident Coordinator in Sri Lanka, Hanaa Singer says.

- colombogazette.com

Laugfs Gas has reduced the price of domestic gas from tonight. The company said that the price of a 12.5 kg cylinder and a 5kg cylinder have been reduced. Accordingly, the price of a 12.5 kg cylinder has been reduced by Rs. 1,050 and a 5kg cylinder by Rs. 420. Laugfs said that a 12.5 […]

- colombogazette.com

Former President Gotabaya Rajapaksa is expected to return to Sri Lanka next week, Sri Lanka’s former Ambassador to Russia Udayanga Weeratunga claimed. Weeratunga said that Rajapaksa is expected to return on 24th or 25th August. He said that he had spoken to the former President who is currently in Thailand. Weeratunga said that Rajapaksa had […]

- colombogazette.com

Sri Lankan born actress Jacqueline Fernandez has been named an accused in the money laundering case in India against conman Sukesh Chandrashekar. The actor has been named an accused in the supplementary charge sheet filed in a Delhi court by the Enforcement Directorate (ED), which is probing the money trail in the extortion case. Earlier, […]

- adaderana.lk

President Ranil Wickremesinghe, speaking of the reforms he plans to introduce, stated that the Sri Lankan government is looking at raising income taxes and widening the tax net by taxing capital and wealth in order to bring in some of the lost revenue.

- colombogazette.com

Sri Lanka’s former Ambassador to Russia Udayanga Weeratunga was questioned by the Criminal Investigations Department (CID) today on the MiG-17 fighter jet deal. Weeratunga appeared before the CID today after he was issued summons. Speaking to reporters later Weeratunga said that he was questioned once again today over the MiG deal. He said that the […]

- colombogazette.com

Sri Lanka’s economic crisis is driving millions of people into poverty, jeopardizing their rights to health, education, and an adequate standard of living, Human Rights Watch said today. Human Rights Watch said the Sri Lankan Government should work with relevant financial institutions and partners to establish a new social protection system and obtain debt relief, […]

- colombogazette.com

The Criminal Investigations Department (CID) today recorded a statement from Sri Lanka’s swimming champion Julian Bolling. Bolling was questioned for several hours over the 9th July protest near the private residence of President Ranil Wickremesinghe, which was later set on fire. The CID also questioned businessman Jonathan Martenstyn over the same incident. Meanwhile, former cricketer Rosha...

- colombogazette.com

Canada is to contribute towards sustainable economic growth in Sri Lanka Canada and Sri Lanka signed a Memorandum of Understanding (MoU) to implement the WUSC Volunteer Cooperation Program 2020-2027. The MoU was signed by David McKinnon, High Commissioner of Canada to Sri Lanka and K.M. Mahinda Siriwardana, Secretary, Ministry of Finance, Economic Stabilization and National […]

- colombogazette.com

Explosions and fires ripped through at least 17 locations in southern Thailand on Wednesday, authorities said, in what appeared to be multiple coordinated attacks that injured seven people. The bombings and arson attacks happened after midnight and targeted convenience stores and a gas station across three provinces, lightly injuring at least seven, according to police and […]

- economynext.com

Market awaits for directions from the central bank's August 18 policy rates announcement

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