The U.N. Security Council on Wednesday adopted its first resolution since the outbreak of the Israel-Hamas war, calling for Âurgent and extended humanitarian pauses in Gaza to address the escalating crisis for Palestinian civilians during Israel s aerial and ground attacks.

SLPP MP Namal Rajapaksa yesterday (15) said the SLPP always respected the judiciary. He said so when the media sought his response to the Supreme Court ruling on the fundamental rights case that Gotabaya Rajapaksa, Mahinda Rajapaksa and Basil Rajapaksa and several others are responsible for mismanaging the economy. MP Rajapaksa said that being fundamental […]

Chinese President Xi Jinping has arrived in the United States for his first visit in six years, after US President Joe Biden said his goal in their bilateral talks this week was to restore normal communications with Beijing, including military-to-military contacts. Xi is due to meet Biden near San Francisco on Wednesday morning US time, before […]

By Saman Indrajith The JVP-led NPP yesterday demanded to know from the government whether it could bridge the budget deficit without selling state assets. During the Second Reading stage debate on Budget 2024, its national list MP Dr. Harini Amarasuriya asserted that the government has failed to devise meaningful ways to address the budget deficit […]

By A.J. Abeynayake The Supreme Court yesterday (14) ruled that former President Gotabaya Rajapaksa, former Prime Minister Mahinda Rajapaksa and former Finance Minister Basil Rajapaksa and several others are responsible for the ongoing economic crisis. The bench comprised Chief Justice Jayantha

By Rathindra Kuruwita The Court of Appeal is to announce, on 17 November, its verdict on the early retirement of medical specialists. Specialist doctors said on Monday (13) that 176 of them have submitted Writ Petitions opposing the Cabinet’s decision to enforce the retirement of medical specialists at the age of 60. It was pointed […]

The Supreme Court today (Nov.14) ruled that former President Gotabaya Rajapaksa, former Prime Minister Mahinda Rajapaksa and former Minister Basil Rajapaksa and several others are responsible for the economic crisis that Sri Lanka is grappling with.

Budget highlights Following are the highlights of Budget proposals made by President Ranil Wickremesinghe in Parliament yesterday: New economic and political system The President said in order not to fall back into a crisis, the economic and political system of Sri Lanka must be created anew

* Tax revenue to be raised by 47.1% in 2024 * Rs 10,000 increase for public sector workers * Pensioners to get Rs 2,500 allowance * Rs. 450 bn reserved for bank recapitalization * Four new universities to be established * 20% of state banks to be given off by Saman Indrajith President Ranil Wickremesinghe, […]

Opposition and SJB leader Sajith Premadasa yesterday described President Ranil Wickremesinghe’s Budget speech as another ploy to cheat people who have been hit hard by the economic crisis. “It promises heaven but will lead the people to hell. The President also denigrated Buddhism by starting

As cricket in Sri Lanka is currently facing an institutional crisis and a shortage of talent Rs. 1.5 billion is to be allocated from the 2024 budget for the development of school cricket and for providing necessary facilities to cricket players at the provincial level. Schools and provinces

The Sri Lankan Head of the State, delivering the 2024 budget proposal to the Parliament, stated that an additional allocation of Rs. 55 billion will be directed towards completing projects that were temporarily halted due to the economic crisis and to provide necessary provisions for other capital

Ranil Wickremesinghe in his Diwali message said that the nation is gradually embarking on a path of illuminated development and called upon everyone to unite and steer Sri Lanka towards being a developed country by 2048. The full text of the Presidents message: Greetings to all Hindu devotees of Sri Lanka on this auspicious occasion […]

The World Bank’s Board of Executive Directors on Thursday approved $150 million in financing for Sri Lanka to strengthen the resilience of the financial sector. “Sri Lanka’s economic crisis highlights the need for strong safety nets to support the financial sector. Stable and reliable banking

ECONOMYNEXT –Amid speculation of a widening rift within the ruling Sri Lanka Podujana Peramuna (SLPP) over its political future, the main opposition Samagi Jana Balawegaya (SJB) has called the SLPP’s bluff, challenging it to defeat the upcoming budget if they want an election. Former SJB MP Mujibur Rahuman said the SLPP can defeat the upcoming […]

US President Joe Biden and Chinese President Xi Jinping are to meet next week in the San Francisco Bay area, two senior administration officials said. The encounter on 15 November will be only their second face-to-face meeting during the Biden presidency. It will be wide-ranging, US officials said, with the Israel-Hamas war, Taiwan, war in […]

There was an international conspiracy to ban cricket in Sri Lanka, Opposition leader Sajith Premadasa told Parliament on Friday. “All MPs agreed that high officials of Sri Lanka Cricket (SLC) must go home. This is a symbolic gesture. We must take concrete steps to send this group of crooks home. What is the process of […]

Saturday 11th November, 2023 The incumbent office-bearers of Sri Lanka Cricket (SLC) are facing a seemingly insurmountable obstacle in their path in the form of a resolution Parliament unanimously passed on Thursday, calling for their ouster. This is something unprecedented, and different interpretations of the resolution have been made. The SLC administrators have chosen to […]