By Faraz Shauketaly For over thirty years – most everything in Sri Lanka was blamed on the ‘war’. If you were polite it was the ‘security situation’. People late for appointments always had an excuse, ‘the checkpoints’, the Army took so long to check my ID and the Police took even longer at the next ...

Sri Lanka will have to tackle its inflation problem if it wants to attract foreign direct investments (FDI), IMF’s Deputy Managing Director (DMD) Naoyuki Shinohara told this reporter in an interview at Washington, DC on Sunday. He however said that the island’s macroeconomic outlook was looking good, with inflation coming down, coupled with the institution ...

The exchange rate (ER) last week had the dubious distinction of making a steep dive to hit Rs. 130 by being depreciated by nearly Rs. 5 against the US dollar ($) in a week in interbank trading on the back of import demand, but since then has seemingly been tenuously holding on to those levels ...

By K. Ratnayake Sri Lankan President Mahinda Rajapakse’s trip to New York and speech at the UN General Assembly last week had two main purposes: to cover up for war crimes committed during the country’s civil war and to appeal...

The Government has stressed that this budget is essential for the development of the country that has been liberated. Minister Dinesh Gunawardena opening the budget debate this morning on behalf of the Government said the North and East are now being added as areas that contribute to the national economy. Sri Lanka is no longer ...

By Faraz Shauketaly Minister of Fisheries, Dr. Rajitha Senaratne is a colourful politician who made a name for himself with his powerful oratory and performances in public agitation platforms. He played a key role in the crossover phenomenon when a large number of UNP members crossed over and joined President Rajapaksa. Recently appointed as Minister ...