USD 4 mn available to stabilize food sector Against the backdrop of the country’s continuing financial crisis, the US has teamed with premier blue chip, John Keells Holdings, and the Hatton National Bank (HNB) to lend money to micro, small, and medium-sized enterprises (MSMEs) in the food sector. The US Embassy, in a statement dated […]

Four in every 10 households in Sri Lanka experienced a reduction in their incomes from June to December 2022, and one in every two households are currently relying on negative coping mechanisms to cope with the lack of food or money to buy it, a Food and Agriculture Organisation (FOA) report said. In its response […]

Jagoda stands by accusations By Shamindra Ferdinando Health Minister Keheliya Rambukwella has revealed that in respect of funds that had been made available by the Asian Development Bank (ADB) to procure urgently needed medicine, the entire procurement process was handled by that organisation. The disclosure was made at a hastily arranged media briefing on Wednesday […]

An estimated 5.7 million people (26 per cent of the population) or more are now in need of humanitarian assistance, with at least 4.9 million (22 per cent) being food insecure, a situation report by International Federation of Red Cross And Red Crescent Societies (IFRC) said. The report issued on December 28 said the current […]

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The Kelaniya Police Division has recorded the highest number of crimes so far this year with 2,287 incidents, says a survey conducted by the University of Peradeniya. The Anuradhapura Police Division has come second with 2,058 crimes, while the Nugegoda Police Division reported 2,018 crimes, Prof. Wasantha Athukorala of Department of Economics of the Peradeniya […]

by Sanath Nanayakkare Making an interesting bet on the cost of borrowing money by entrepreneurs and businesses, Supul Wijesinghe, CEO of SMB Finance predicted a fall in interest rates in 2023 or in the foreseeable future. “Interest rates should come down next year or in the foreseeable future as a result of the measures being […]

… insists he did not bypass President By Shamindra Ferdinando Health Minister Keheliya Rambulwella yesterday (28) said his Ministry was struggling to procure 153 medicines currently in short supply or out of stock in government hospitals despite the availability of a New Delhi credit line to buy the required medicines and surgical items from India. […]

Sri Lanka s economic crisis has deepened the risk of food insecurity, a report released by the World Food Programme (WFP) revealed.

When Sri Lanka slid into its worst economic crisis in seven decades leading to deadly riots and alarming shortages of fuel, food and medicines earlier this year, its giant northern neighbour stepped into the breach.

Wednesday 28th December, 2022 Reports that the Election Commission will have to hold the local government elections soon have upset government politicians beyond measure; they are delivering jeremiads against what they call unnecessary state expenditure amidst an economic crisis. Claiming that the mini polls will cost the country Rs. 10 billion, they would have the […]

By Rathindra Kuruwita Political parties had to field clean, dedicated and educated candidates at elections; otherwise, the voters will reject them, says Executive Director of People’s Action for Free and Fair Elections (PAFFREL) Rohana Hettiarachchi. The PAFFREL Executive Director told The Island yesterday: “The upcoming LG elections will be a crucial election. In 2022, people […...

An open letter to Director General of Agrarian Services I make reference to this subject, which is directly affecting the food security and safety, as well as the national security of our country in the future. Rice, being our citizens’ staple food over many centuries, plays an important role in our country’s food production chain, […]

By Jehan Perera The night bus to Jaffna was also fully booked. Those who had returned on holiday from the diaspora were happy to be back and to share their views. One said he had spent two weeks in Colombo and was now on his way to spend two weeks in Jaffna. He spoke fondly of the […]