By Hiran H. Senewiratne CSE trading developed in a positive direction throughout yesterday as global research institutions/firms reported favourably on the government’s economic progress.President Ranil Wickremesinghe, who is travelling overseas, made positive comments on the local debt restructuring process which has been hailed by many of his foreign counterparts. These developments helped...

By Indika De Zoysa The global digital economy is poised for significant growth and transformation in the coming years. With technology advancements and increasing connectivity, the digital economy has become a vital driver of global economic activity. Looking ahead, several key trends and outlooks shape the future of the digital economy. Firstly, the adoption of […]

By Rathindra Kuruwita Those operating pyramid schemes often target particular geographical locations where the financial literacy of the people is low, police spokesman, SSP Nihal Thalduwa says.He said that the CID had recently busted a pyramid scheme called Sports Chain, through which peolpe had been cheated out of Rs 15 billion, and arrested eight people. […]

The Colombo Stock Exchange (CSE) Mobile app has exceeded 300,000 downloads with a turnover contribution of LKR 135 billion since its inception in 2020.The CSE Mobile App has had traction from locally as well as from overseas. Data depicts that 85% of the downloads are from Sri Lanka. Furthermore, the data also shows, there has […]

United Nations Secretary General Antonio Guterres has assured the UN s strong commitment to assisting Sri Lanka in its economic recovery and debt sustainability endeavours.

President Ranil Wickremesinghe, attending a high-level panel discussion at the Global Leaders Summit for a New Global Financing Pact, in Paris on Thursday (June 22), discussed Sri Lanka s experience with debt restructuring and the need for a comprehensive approach to address the challenges faced by middle-income nations.

Prof. Manjula Fernando today (June 23) assumed duties as the new chairman of the Public Utilities Commission of Sri Lanka (PUCSL).

IKAZUCHI (DD-107) of the Japan Maritime Self-Defense Force arrived at the port of Colombo on a formal visit on Thursday (22). The visiting ship was welcomed by the Sri Lanka Navy in compliance with naval traditions. IKAZUCHI (DD-107) is a 150.5m long Destroyer which is manned by a crew of 207. She is commanded by […]

Infant mortality rises and life expectancy falls when sovereign debt defaults are not quickly resolved, a study said on Wednesday, as negotiations to restructure the debts of countries including Zambia, Sri Lanka and Ghana drag on.

U.S. Secretary of the Treasury Janet Yellen on Thursday (June 22) met with Sri Lankan President Ranil Wickremesinghe on the sidelines of the Summit for a New Global Financial Pact.

by Shamindra Ferdinando The Canadian High Commission in Colombo on Wednesday (21) said that the Canadians’ thoughts were with the victims, survivors, and their loved ones, who continue to live with the pain caused by senseless violence. The HC spokesperson said that Canada remained steadfast in advocating for the rights of victims and survivors of […]

declares support for accountability processes in third states The United Nations Human Rights Commission (UNHRC) has declared that in the absence of credible investigations and prosecutions into alleged war crimes accusations undertaken by Sri Lanka, a special team based there was involved in ongoing investigations in several jurisdictions. The declaration was made on Wednesday (21) […]

by Rex Clementine  When Sports Minister Mahindananda Aluthgamage unceremoniously sacked Duleep Mendis as Chairman of Selectors in 2012, the former Test captain took the blow on the chin. Rather than grumble about his misfortune – which had come less than a month after Sri Lanka had won a Test match in South Africa – he […]

By Prof. Kirthi Tennakone We imagine, dream and think all the time. Mentally pose questions and ponder doubtfully. Thinking is a fundamental human right, not stoppable by force, rules and regulations or law, but influenced by experience and education. We also divulge our thoughts as opinions or remarks. This is freedom of expression, a cherished […]

Friday 23rd June, 2023 SriLankan Airlines came under a scathing attack in Parliament on Wednesday. In what turned out to be a rare moment of unity among warring political parties, both sides of the House joined forces to bash the so-called national carrier left, right and centre. Not that the beleaguered airline does not deserve […]

The Navy backed by Coast Guard on Wednesday (21) night conducted an operation to nab Indian fishing craft poaching in Sri Lankan waters.A senior SLN official said that during the operation, four trawlers along with 22 Indian fishermen had been taken into custody and later handed over to Mailadi Fisheries Inspector for further action.The official […]

Prof. Atula Sumathipala, founder of the Sri Lanka Twin Registry and one of the founding members of the Institute of Health and Social Research and Development in Health and Social Care, has been elected to the post of Secretary General of the International Association for Twin Research for the two years 2024-2025. Over 60 active […]

Cassandra recently was at the receiving end of an act of hooliganism. After the incident occurred, the thought of making it to the nearest police station and complaining did come to mind, but all three involved were unanimous in their decision that it was useless and a sheer waste of time. Also, that the hooligans […]