By Shamindra Ferdinando The economy was in such a precarious situation that the Wickremesinghe-Rajapaksa government couldn’t further delay the restoration of the relevant provisions of the 1953 Foreign Exchange Act to compel the private sector to bring back export proceeds, rebel SLPP MP Prof. G.L. Peiris said yesterday (30). Referring to a spate of declarations […]

Huawei announced its business results for the first three quarters of 2023. During this period, Huawei generated CNY456.6 billion in revenue, with a year-on-year increase of 2.4% and a net profit margin of 16.0%. A Huawei press release said: “The Company’s performance is in line with forecast,” said Ken Hu, Huawei’s Rotating Chairman. “I’d like […]

The former Chairman of Niyagama Pradeshiya Sabha, Prasad Ranasinghe Weerakkody, has been arrested for allegedly defrauding an individual by promising employment in South Korea.

Rear Admiral Sarath Weerasekera, MP, has drawn the attention of President Ranil Wickremesinghe to the humiliation caused by travel restrictions imposed on senior serving and retired military officers and two former Presidents by the US, Australia and Canada. In a letter dated 25 Oct., the former Public Security Minister has pointed out to the President […]

Opposition and SJB Leader Sajith Premadasa has said that President Ranil Wickremesinghe ought not to handle the country’s foreign policy the way he mismanaged the UNP Premadasa declared that as the Wickremesinghe-Rajapaksa government’s foreign policy strategy was weak a review of policy couldn’t be delayed.SJB leader Premadasa was addressing a gathering at the Attanagalle Undugoda […]

nearly 180 arrested, 27 trawlers taken into custody this year Regardless of continuing protests in Tamil Nadu, the government is going ahead with naval operations to deter poaching by the Indian fishing fleet that is hitting the livelihood of local fishers.Navy headquarters yesterday (29) said that over the weekend SLN vessels, led by Fast Attack […]

by Eng Parakrama Jayasinghe parajayasinghe@gmail.com  Electricity consumers reeling from the massive increase in tariff in February (adjusted somewhat in July 2023) were naturally appalled by the request for a further increase by the Ceylon Electricity Board (CEB).  A public consultation was held on 18 October 2023 by the Public Utilities Commission of Sri Lanka (PUCSL) […]

Sri Lanka has granted 48 hours for a Chinese vessel to conduct marine research off the island s west coast under supervision, the foreign ministry said on Sunday (29 Oct.), despite Indian concerns that it could be a spy ship.

A special operation conducted by the Sri Lanka Navy to chase away Indian trawlers  poaching in Sri Lankan waters last evening (28) and this morning (29), led to the seizure of five (05) Indian trawlers and 37 Indian fishermen who were poaching in Sri Lankan waters off Mannar and near  Delft Island, Jaffna. The three […]

Sri Lanka and France convened the inaugural bilateral consultations between the foreign ministries of the two countries at a senior official level earlier this week in Colombo.

The United Nations General Assembly has voted overwhelmingly in favour of a resolution calling for an immediate humanitarian truce between Israel and the Palestinian armed group Hamas. The 193-member body passed the resolution, drafted by a group of 22 Arab countries, by a margin of 120 to 14, with 45 countries abstaining. The United States […]

Banking consultant Ravi Abeysuriya has passed away. With a proven track record of establishing and managing several Financial Sector Institutions in Credit Rating, Investment Research Outsourcing, Investment Banking, Stock Broking and Asset Management, Abeysuriya possessed over several decades of hands-on practical experience and broad knowledge of financial market operations in Sri Lanka. He was ...

By Shamindra Ferdinando Field Marshal Sarath Fonseka, MP, has stressed the pivotal importance of public protests against waste, corruption, irregularities and mismanagement.Alleging that those who had been entrusted with the task of governing the country have instead ruined it, Chairman of the Samagi Jana Balawegaya (SJB) Fonseka, on Thursday, said that every citizen should bear […]

Analysts have condemned the politicizing of China’s legal scientific activity in the Indian Ocean after some Indian media made sensational claims about an oceangoing geophysical research ship from China that docked at a port in Sri Lanka, adding that the claims merely serve India’s regional strategy. The oceangoing geophysical research ship Shiyan 6 reportedly docked […]

The Consular Affairs Division of the Ministry of Foreign Affairs, in partnership with the Department of Examinations, has launched an online service for the authentication of G.C.E. Ordinary Level (O'L) and Advanced Level (A'L) exam certificates issued.

The Consular Affairs Division of the Ministry of Foreign Affairs in Colombo has set up two emergency hotline mobile numbers for Sri Lankan nationals residing in the Middle East.

By Rathindra Kuruwita The Department of Wildlife has given up efforts to protect elephants in the country, Sajeewa Chamikara of the Movement for Land and Agricultural Reform (MONLAR) has said. Addressing a gathering at the launch of his book, Sanwardana Jawaramen bihikala Ali minis getuma (The Human-Elephant Conflict: A Creation of the Development Racket), on […]

The Colombo Stock Exchange (CSE) on Thursday (26 Oct.) introduced Regulated Short Selling (RSS) through Stock Borrowing and Lending (SBL) to enhance trading opportunities, marking a groundbreaking development in the Sri Lankan stock market.

Manusha Nanayakkara, Minister of Labor and Foreign Employment, says the government is steadfast in introducing new laws while replacing the past to bring about the system changes that people expect.

At least 16 people were killed Wednesday in shootings in Lewiston, Maine, and the death toll is expected to rise, foreign media reported.