The UK and the US yesterday (1) asked Sri Lanka to repeal the Prevention of Terrorism Act (PTA). The UK and the US representatives made this request at the UN Human Rights Council’s Universal Periodic Review (UPR) Working Group, when Sri Lanka’s human rights record was examined. Sri Lanka is one of the countries reviewed […]

By Shamindra Ferdinando The Asian Development Bank (ADB) says political stability is of pivotal importance to ensure the continuation of the ongoing economic recovery programme meant to achieve sustained growth. The ADB sources said so when The Island asked its Colombo mission whether it had initiated talks with the government or took precautionary measures against […]

By Sanath Nanayakkare Small and medium exporters want the Central Bank (CBSL) to give them greater leeway on converting advance payments, they receive from their foreign clients, for confirmed export orders, into rupees. “Under the existing export repatriation guidelines, we are required to convert such advance payments, into Sri Lanka rupees, within a time frame […]

US hopes LG polls will be held in March By Saman Indrajith US Under Secretary of State for Political Affairs, Victoria Nuland, yesterday said China had not provided credible and specific assurances to the International Monetary Fund (IMF) for Sri Lanka to overcome the current economic crisis. Addressing the media in Colombo, Nuland said: “What […]

Weather forecast issued at 05.30 a.m. on 02 February 2023 by Department of Meteorology The depression over Southwest Bay of Bengal has entered through the east coast of Sri Lanka and it is moving across the country. Therefore, cloudy sky will prevail over most parts of the island and showers or thundershowers will occur at […]

ITF Junior Circuit Week I Tennis Dinara de Silva reached the quarter-finals of the ITF Junior Circuit Week 1 girls’ tournament at the Sri Lanka Tennis Association courts on Wednesday. She beat Yushan Shao of China 4-6, 6-3, 7-5 to secure the quarter-final spot. Dinara was the only player from the host country in both […]

Under 13 Division III Cricket Final President’s College Mahara and Sri Parakrama National School Kobeigane were declared joint champions of the Under 13 Division III cricket tournament after the final between the two schools ended in a no-decision at Ananda Sastralaya ground Kotte yesterday. In reply to President’s 183 runs, Sri Parakrama National School were […]

Sri Lanka have left out experienced campaigner Hasini Perera from their 15-member squad for the upcoming T20 World Cup after she suffered an injury. Perera, who was named in the original squad, was forced out after injuring her finger during a practice session. She has been replaced by Sathya Sandeepani, whose only appearance for the […]

Summarised below are the key operational and financial highlights of our performance during the quarter under review: Group EBITDA recorded an improvement to Rs.10.41 billion during the quarter under review, which is an increase of 9 per cent against the comparative period of last year [2021/22 Q3: Rs.9.53 billion]. Excluding the impact of a one-off […]