the Valparaíso premiere of the film about Neruda’s rape episode in Ceylon directed by Asoka Handagama Asoka Handagama’s award winning film Alborada based on a 1929 rape episode admitted in Chilean Nobel laureate Pablo Neruda’s memoirs was screened for the first time in Chile on Sept. 1. Neruda who was the Chilean consul here in […]

Dr Mary Srikanthi Handy was the daughter of the famous Dr George Rajanayagam Handy who was the pioneer cardiologist of Sri Lanka and the founder president of the Sri Lanka Heart Association. She was born in 1935 and is the eldest child and only daughter of Dr. George and Mrs. Kanmanie Handy. Even as a […]

by Dr. Dayan Jayatilleka The sum and substance of Rajan Philips’ counter-critique of my critique is that I seem uninterested in reform, especially political reform, and most especially the abolition of the executive presidency or the same thing deferred, i.e., ensuring that this upcoming election is the last presidential election we shall have. (Political Reforms: […]

China’s factories picked up their pace and retail sales also gained momentum in August, according to government data, suggesting the economy may be gradually recovering from its post-pandemic malaise. However, despite busy activity in restaurants and stores, the figures released on Friday showed continuing weakness in the all-important property sector, where real estate developers are […]

By Dr Laksiri Fernando President of Sri Lanka Ranil Wickremesinghe is undoubtedly a capable person compared to many other former Presidents in the country. Chandrika Kumaratunga could have been better, but the circumstances of the war prevented her achieving many of the socio-economic targets. In terms of modernizing the country, J. R. Jayewardene played a […]

Prof. Priyanga Dunusinghe, a senior lecturer of economics and the Head of the Department of IT at the University of Colombo, has stated that despite Sri Lanka s recent economic stability, this is not likely to reflect towards the country s economic growth.

By HIMAL KOTELAWALA ECONOMYNEXT – If Sri Lanka allows elections to distract from the path of recovery, stabilization and growth, the country will be hit by a fresh crisis far worse than any before, former central bank governor Indrajit Coomaraswamy said. Speaking at a forum organized by Cal, a Colombo-based investment banking group, Coomaraswamy said […]

An appreciation: It is with profound sadness that this tribute is being written to the remarkable life and accomplishments of Douglas Pemasiri, who passed away at age 88 in Miami, Florida, in the United States on June 12th this year. He was a diplomatic officer who dedicated his life to promoting trade and commerce, representing […]

by Laura He China has long been the engine of global growth. But in recent weeks, its economic slowdown has alarmed international leaders and investors who are no longer counting on it to be a bulwark against weakness elsewhere. In fact, for the first time in decades, the world’s second economy is itself the problem. Hong Kong’s Hang […]

Property giant Evergrande has filed for bankruptcy protection in the US as the real estate crisis in China deepens. It will allow the heavily-indebted company to protect its assets in the US as it works on a multi-billion dollar deal with creditors. Evergrande defaulted on its huge debts in 2021, which sent shock-waves through global […]

Despite heavy taxes and increased tax collection, the government budget deficit for the period end May 2023 has increased to Rs. 1,015 billion which is 59% increase against 2022 end May figures. (See table) Another negative feature is that due to heavy taxes and very high bank interest rates, the economy has not grown and […]

Renowned astrophysicist and accomplished academic leader joins JHU from Cornell, where he has served as dean of the College of Arts and Sciences since 2018Ray Jayawardhana, an accomplished academic leader, renowned and widely published scientist, and award-winning author who presently serves as dean of Cornell University’s College of Arts and Sciences, has been selected as […]