Beijing [China], July 11 (ANI): Chinese intrusions in Senkaku islands in the East China Sea are raising eyebrows over Beijing’s rising aspirations of making gains over Japan’s territory, media reports said. Though the Senkaku Islands are being administered by Japan, China has been flexing its muscles claiming that it is Beijing’s territory. In further continuation […]

Beijing [China], July 11 (ANI): After finding out that the Chinese products are produced with forced labour, the US imposed a ban on Xinjiang imports, which hit China’s supply chain. In 2021, the Uyghur Forced Labour Prevention Act (UFLPA) was signed into law, under which the US government assumes that anything made even partially, in […]

The Secretary of Foreign Affairs Aruni Wijewardane led bilateral consultations with a senior delegation from the Ministry of Foreign Affairs of Japan led by the Assistant Minister of the Southwest and Southeast Asia Affairs Division of the Ministry of Foreign Affairs of Japan, Kano Takehiro.

The discussions focused on enhancing bilateral political, economic and defence cooperation

Sri Lanka imports fall as rate hikes take effect

Leader of the Liberal Democrats Sir Ed Davey stated in the House of Commons that an international arrest warrant should be issued on President Gotabaya Rajapaksa and his “cronies”, foreign media reports said. “The horrible state of affairs in Sri Lanka has been caused by the corruption of the Rajapaksa Authorities, tax cuts, skyrocketing defence […]

Immunologist Neelika Malavige’s study of a massive dengue-fever outbreak is being hampered by fuel shortages and power cuts, says a report by the Nature journal. It said: Sri Lanka is in a state of crisis. With the country in vast amounts of debt and inflation sky-high, the government doesn’t have enough money to import fuel, […]

Acting President Ranil Wickremesinghe’s fidelity to his alma mater, Royal College, is very well known. He has long been accused of cronyism concerning his batch mates and schoolmates in the school “where our fathers learned the way before us.” In fact, it had been made public not very long ago that he and his wife, […]

by Kumar David Thus, we may all “Chortle in our joy” on July 13 or 20 if everything goes as promised. The first step in the Sri Lankan Colour Revolution seems to have inched forward like a golden dream but I will remain on guard till both Gotabaya (GR) and Wickremesinghe (RW) have been seen […]

A timely opportunity to save for children in foreign currency has been unveiled by the Commercial Bank of Ceylon with the launch of the ‘Arunalu’ Foreign Currency Minor’s Savings Account. Savings can be made in four designated currency denominations for children who are Sri Lankan citizens resident in Sri Lanka or for children of Sri […]

By Michael Rowand As Sri Lankan protesters stormed the presidential residence in Colombo, the Chinese Embassy released no statements and did not tweet. The Chinese Ministry of Foreign Affairs offered no comment until Monday afternoon, well behind others such as India, the European Union, and the United States. The French Embassy even retweeted a tweet […]

Economic crisis: By Shamindra Ferdinando SLPP MP Dr. Nalaka Godahewa has said that some of those members of Parliament, with expertise in financial matter, recently reached, what he called, an initial consensus on an economic recovery plan.The Gampaha District MP declared that a range of proposals, made by interested parties, outside the Parliament, too, had been […]

 condemns bid to overrun Parliament The National Freedom Front (NFF) has appealed to all stakeholders including those who toppled the government not to hinder the process of electing a new President.The NFF has also appealed to the military to take tangible measures to curb those who engage in violence as part of the overall strategy […]

Pakistan has reached a staff-level agreement with the International Monetary Fund (IMF), a milestone that would pave the way for the release of an additional $1.2 billion in loans and unlock more funding, news agencies reported. The IMF will also consider an extension of the facility to end-June 2023, it said in a statement. The […]

Introduction A super-holding company for managing State-Owned Enterprises (SOEs) has been identified as a globally successful model for SOE management. This model allows the government to adopt a more arms-length approach to SOEs’ operational decision-making, relieving it of the direct responsibility of overseeing all SOEs dispersed across various industries, and redirect its budget and ener...

Sri Lanka is going through unprecedented economic, political crisis after policy failures

Market has been on the decline due to rising interest rates, political crisis

ASPI gained 1.95 -pct