By Shamindra Ferdinando Thilini Kahandawaarachchi, on behalf of the Norwegian Embassy, on July 06, 2023, reminded the media of the closing down of the mission on July 31, 2023. In her capacity as the Senior Political Advisor at the mission, Kahandawaarachchi, stated that with effect from August 1, 2023, the Norwegian Embassy in New Delhi […]

Summarised below are the key operational and financial highlights of our performance during the quarter under review: Group PBT at Rs.1.40 billion in the first quarter of the financial year 2023/24 is a decrease over the Rs.14.80 billion recorded in the previous financial year. The first quarter of the previous year included Rs.10.12 billion of […]

Sri Lanka s Ministry of Foreign Affairs has rejected the reference to a Tamil Genocide Remembrance Day in a recent statement by Canadian Prime Minister Justin Trudeau.

The Cabinet of Ministers approved the proposal submitted by the Minister of Mass Media to sign the license agreement for exchange of television programmes between the National Radio and Television Administration of the Peoples’ Republic of China and Sri Lanka Rupavahini Corporation with the objective of strengthening mutual understanding, friendship and cooperation.  

by Sanath Nanayakkare The dip in government borrowings following the completion of the Domestic Debt Optimization (DDO) will become an impetus for private sector credit growth in time to come, Central Bank Governor, Dr. Nandalal Weerasinghe said in Colombo recently. The Governor made this remark last Friday while delivering the keynote speech at the Chartered […]

By Meera Sirinivasan The Hindu The Adani Group’s renewable energy project in Mannar and Pooneryn in Sri Lanka’s Northern Province will be completed by January 2025, according to Minister of Power and Energy Kanchana Wijesekera. The commitment was given when Group Chairperson Gautam Adani met Sri Lankan President Ranil Wickremesinghe in New Delhi on July […]

Jawaharlal Nehru University facilitates talk on ‘structural genocide’ By Shamindra Ferdinando SLPP MP retired Rear Admiral Sarath Weerasekera yesterday (24) accused Canadian High Commissioner Eric Walsh of backing those propagating separatist sentiments. The former Public Security Minister, who is also the Chairman of the Parliamentary Oversight Committee on National Security, claimed that the HC’...

The Sri Lankan Government has issued an order relaxing certain limitations on outward remittance for capital transactions and removing the restrictions on current transfers of emigrants.

By Shamindra Ferdinando CWC General Secretary and Water Supply and Estate Infrastructure Development Minister Jeevan Thondaman yesterday (23) said that he intended to consult lawmakers representing the hill country regarding Indian grant of Sri Lanka Rs 3 bn exclusively for the Indian origin Tamil community here. The new entrant to parliamentary politics said that their […]

Monday 24th July, 2023 President Ranil Wickremesinghe has returned from New Delhi with a to-do list given by the Modi government. He will have Big Brother breathing down his neck hereafter. It has been reported that the SLPP-UNP government is planning to hold an all-party conference on the ethnic issue. Some of India’s dictates have […]

ndian Foreign Secretary Vinay Kwatra has dealt with a couple of questions relating to Sri Lanka’s relationship with China during a special media briefing in the wake of President Ranil Wickremesinghe’s meeting with Indian PM Narendra Modi. Responding to a query from ANI whether President Wickremesinghe gave any kind of assurance regarding India’s concern over […]

Islamabad [Pakistan], July 19 (ANI): Beyond the upcoming election cycle and the current standby agreement, Pakistan needs another International Monetary Fund (IMF) program and assistance from other multilateral lenders, the lender stated in a report released on Tuesday, according to Dawn. “Resolving Pakistan’s structural challenges, including long-term BOP [balance of payments] pressures, will req...

Minister of Foreign Affairs Ali Sabry has emphasised on strong connectivity between India and Sri Lanka, highlighting how both ferry and aviation will increase people-to-people linkages.

Sri Lanka is considering the possibility of allowing the use of the Indian rupee for local transactions, as the island nation struggles to build its depleted foreign reserves and to emerge from last year s unprecedented economic crisis.

(Excerpted from volume ii of the Sarath Amunugama autobiography) During one of my visits to Colombo I got a call to see the President at ‘Breamar’. Gamini Dissanayake had told him of my friendship with Parathasarathy and he wanted me to help him repair the damage done to their friendship due to the abuse heaped […]

The rupee will move in both directions and will not be a “one-way bet” under a flexible exchange rate regime, Economynext has quoted Central Bank Governor Nandalal Weerasinghe as saying Banks are now collecting dollars to cover their positions on a debt exchange, Governor Weerasinghe told a forum organized by Chartered Financial Analysts Society in […]

Sri Lanka High Commission in South Africa actively participated in the community service activities led by Minister of Foreign Affairs of South Africa Dr. Naledi Pandor at Bophelong Community Center (BCC) in Mamelodi last week (18). BCC manages six charitable entities including a hospice, an old age home, a mentally challenged home and a children’s […]