By Neville Ladduwahetty During President Ranil Wickremesinghe’s India visit in July 2023, five Memorandums of Understanding (MOU) were signed by India and Sri Lanka to establish physical connections between the two countries. This was followed more recently by the launch of the Unified Payments Interface (UPI) – a mechanism that claims to reduce the cost […]

By Rathindra Kuruwita Sri Lanka had received six proposals for the construction of nuclear plants here. Prof. S. R. D. Rosa, Chairman – Sri Lanka Atomic Energy Board (SLAEB) said during a recent seminar organised by the Institution of Engineers Sri Lanka (IESL) on ‘Potential of nuclear energy and its challenges in Sri Lanka. Russia’s […]

President Ranil Wickremesinghe told the Indian Ocean Security Conference in Colombo that the sanctions imposed on Russia over the war in Ukraine had not caused the collapse of the Russian economy, which had just shifted eastwards. The following is the text of the statement issued at the conference

In a welcome development in relation to Sri Lanka’s regional policy, some state functionaries of the Ranil Wickremesinghe regime have gone on record as having stated that Sri Lanka would be taking notable cognizance of India’s security concerns, going forward. This is as it should be. None of India’s immediate neighbours could afford to overlook […]

President Ranil Wickremesinghe had ordered an investigation into a notification issued to Russian and Ukrainian tourists, without prior Cabinet approval, that they had to leave the country within 14 days, the President’s Media Division (PMD) said on Sunday (25). The PMD said the Sri Lankan government had not officially decided to revoke the visa extensions […]

Addressing the 37th session of the Asia and Pacific Regional Conference (APRC) of the Food and Agriculture Organization of the United Nations (FAO) in Colombo today (20), President Ranil Wickremesinghe affirmed the government’s dedication to elevating Sri Lanka as a prominent exporter of agricultural produce through rapid agricultural sector transformation. He emphasized the pivotal role […]

Sri Lanka has made record earnings from tourism in the first 45 days of this year, amounting to seven billion rupees (about 22.4 million U.S. dollars) from 306,708 tourists. Sri Lanka Tourism Development Authority (SLTDA) Director General Nalin Perera said that there is a surge in tourism in Sri Lanka and that the country is […]

Promises good economic and political relations with China A National People’s Power (NPP) administration will not do anything that will undermine Indian security; however, it will maintain economic and political relations with China, the NPP delegation to India told Indian officials, NPP Leader Anura Kumara Dissanayake said on Thursday (15) night. In his first interview since […]

By Rathindra Kuruwita A National People’s Power (NPP) administration will not do anything that will undermine Indian security, but it will maintain economic and political relations with China, the NPP delegation to India told Indian officials, JVP/NPP Leader Anura Kumara Dissanayake said in an interview with Sirasa TV, on Thursday (15). In his first interview […]

President Ranil Wickremesinghe in his address at the 7th Indian Ocean Conference in Perth, focusing on the theme “Towards a Stable and Sustainable Indian Ocean, ” emphasized the urgency of addressing the climate crisis, noting the Indian Ocean’s vulnerability to warming and rising sea levels. He proposed initiatives such as the Tropical Belt Initiative and […]

By EMERITUS PROFESSOR RANJITH SENARATNE, Chairman, National Science Foundation and former General President, Sri Lanka Association for the Advancement of Science The global order in a state of flux Rapid economic and political changes in emerging economies and developing countries have an impact on the existing world order that is gradually moving from a Western-centred […]

ECONOMYNEXT –An Indian firm is in the process of getting permission to manage Sri Lanka’s three airports including the main Bandaranaike International Airport (BIA) where the there is an over saturation in foreign tourists, Tourism Minister Harin Fernando said. The island nation is expecting 2.2 million tourists for 2024, but the main airport needs capacity […]

Secretary to the Treasury and Finance Ministry Mahinda Siriwardana has said that even if Sri Lanka achieves the goal of zero corruption, tax revenue will still have to be increased to bridge the budget deficit and lessen the country’s debt burden. Referring to the Supreme Court ruling pertaining to economic management delivered on Nov 14, […]