IMF has shown the way and now Sri Lanka has to dig itself out of the mess, says Governor by Sanath Nanayakkare Central Bank Governor Dr. Nandalal Weerasinghe recently said that Sri Lanka needs to build and keep a ‘comfortable level’ of currency reserves in order to maintain the country’s balance-of-payments situation in the event […]

BY GEORGE BRAINE This was early 1981, and the government was planning to start a state-run television service. Applicants were invited for an inaugural training course for producers, directors, researchers, and writers. I had applied, and was called for an interview. The interview was at the newly set up National Television Planning Centre, at Kirulapone. […]

The 51 sessions of the Geneva-based United Nations Human Rights Council is underway. Sri Lanka is again in the focus with Western powers and their lackeys targeting the war-winning Sri Lanka military. Successive Sri Lankan governments, including the incumbent administration, failed to address core issues. Their failure to counter accusations that over 40,000 Tamil civilians […]

Unlike in the past, Japan has been very slow in responding to Sri Lanka calls to help it financially, analysts say.

Last week there were more stories making the rounds on contemplated decisions made outside the cabinet meeting than decisions made inside. Of course, the usual briefing on cabinet decisions were spelled out, Thursday afternoon. For a regime that still wants to boast it has popular support, comparing itself to an opposition fractured and quarrelling red and green, it is ...

The Revival of Underperforming Enterprises and Underutilized Assets Bill that is to be presented to parliament soon has in it economic and political objectives that spell doom for Sri Lankan democracy as well as the economy. It would vest in the Sri Lankan government Hotel Developers (Lanka) PLC which owns the Colombo Hilton that has ...

OCTOBER 17, 2011: Status: Not Free Legal Environment: 23 Political Environment: 30 Economic Environment: 18 Total Score: 71 Despite the end of the government’s long-running war with the Liberation Tigers of Tamil Eelam (LTTE) rebel group in May 2009, media freedom remained restricted in Sri Lanka, with journalists subject to myriad forms of legal harassment and physical intimidation. Altho...

by Frederica Jansz Bejing has considerable leverage in post conflict Sri Lanka.  Chinese involvement in the defence sector has not reduced after the war, and the Chinese are seen diversifying from being just suppliers of defence equipment to infrastructure and capacity building. The Chinese have used North Industries Corporation (NORINCO) and subsequently the state owned ...

by Dr.Dayan Jayatilleka A quarter of a century ago, the Summer of ’85. Campinas, Sao Paulo, Brazil. I was at the Pugwash Conference, hosted by Senator Fernando Henrique Cardoso, famous ‘dependency theorist’, later to become President of Brazil. I was...

By Sarath Fonseka An Open Appeal Issued by Former Army Chief and Presidential Candidate 2010 Dear Sri Lankans, The time has now come for us to stop being complacent and start taking an active role in shaping our future and...