[An article based on the Keynote Address delivered by Dr. P. Nandalal Weerasinghe, Governor of the Central Bank of Sri Lanka, recently at the Annual Research Symposium 2023 of the University of Colombo] Introduction Inflation affects every aspect of our lives; it is a force that shapes our purchasing power, influences our financial decisions, and […]

With Christmas less than a week away, we highlight what some of our popular figures have to say about Christmas 2023…yes, their Wishes for Christmas 2023. *  Merlina Fernando (Singer): My Christmas wish this year is a little different to any other year as our people went through a lot throughout the past few years. […]

Contrary to various local and foreign reports about the death of three Sri Lankan ex-military personnel in Ukraine last week, the Army said that one of the deceased identified as Captain Ranish Hewage of 1st Commando Regiment had been a Second Lieutenant of the Light Infantry, cashiered in 2012. The Army said that President Mahinda Rajapaksa […]

Lankan mercenaries in Ukraine: By Shamindra Ferdinando Justice Minister Dr. Wijeyadasa Rajapakshe, PC, yesterday (08) said that recruitment of foreign personnel for military forces of a particular country was the prerogative of the government concerned. Dr. Rajapakshe said so when The Island asked him whether the government could prohibit ex-military personnel from joining the Ukrainian […]

Russian embassy in Colombo declines to comment By Shamindra Ferdinando Foreign Minister Ali Sabry, PC, yesterday (07) said that the government could not do anything about the activities of ex-military officers overseas.Minister Sabry said so in response to The Island query whether the Sri Lankan law prohibited Sri Lankans from joining the armed forces of […]