Dr. Qu Dongyu, Director General of the UN Food and Agriculture Organization (FAO), paid a courtesy visit to President Ranil Wickremesinghe at the Presidential Secretariat this afternoon (19). During the meeting, Dr. Dongyu congratulated President Wickremesinghe for his efforts in navigating Sri Lanka through the recent economic crisis and subsequent reforms. He assured the President, […]

 … draws attention to discrepancy in beneficial interest rates for EPF members By Shamindra Ferdinando Dissident SLPP lawmaker Gevindu Cumaratunga yesterday (18) said that the Wickremesinghe-Rajapaksa government owed an explanation how the Governing Board of the Central Bank had approved a massive salary increase to CBSL employees at a time the country was experiencing developing […]

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ECONOMYNEXT –Sri Lankan exporters have said political stability and a consistent energy supply were crucial facilitators for export growth in 2024, according to a survey by The Ceylon Chamber of Commerce. “Exporters stressed that increasing utility prices and the cost of transport and logistics posed significant challenges during 2023,” the Export Barometer Survey by The […]

by Rajan Philips 2024 is election year practically everywhere. In South Asia, it is two down and two to go. Bangladesh went first in January, and the governing Awami League won the election as predicted, with the main opposition Bangladesh National Party boycotting the election and the government fielding independent candidates to avoid the embarrassment […]

The Friday Forum has made a welcome reappearance after a somewhat long absence, an event which we warmly welcome. We carry the statement the group released a couple of days ago in this issue of our newspaper and urge readers to digest the commentary set out with due diligence. Its signatories are persons of the […]

by Ajith Samaranayake Between Sri Lanka’s 35th independence anniversary and his birthday Upali Wijewardene boarded his executive Lear Jet at Kuala Lumpur and in a single fateful flash became solidified into an enigma and a legend. The flamboyant tycoon who had left with five others never arrived in Colombo. Somewhere over the Straits of Malacca […]

Promises good economic and political relations with China A National People’s Power (NPP) administration will not do anything that will undermine Indian security; however, it will maintain economic and political relations with China, the NPP delegation to India told Indian officials, NPP Leader Anura Kumara Dissanayake said on Thursday (15) night. In his first interview since […]

Former President Donald Trump must pay nearly $355m (£281m) to New York state for lying about the values of his properties, a judge has ruled. Judge Arthur Engoron also banned him from serving as a company director or taking out loans from banks in the state for three years. The New York real estate mogul […]

By Shamindra Ferdinando Sri Lanka runs the risk of being expelled from the ‘Open Government Partnership’ (OGP) over its decision to enact the controversial ‘Online Safety Bill’ (OSB) and also go ahead with another contentious piece of proposed draconian legislation, titled Anti-Terrorism Bill. Sources said it would be inevitable unless a consensus could be reached […]

By Rathindra Kuruwita A National People’s Power (NPP) administration will not do anything that will undermine Indian security, but it will maintain economic and political relations with China, the NPP delegation to India told Indian officials, JVP/NPP Leader Anura Kumara Dissanayake said in an interview with Sirasa TV, on Thursday (15). In his first interview […]

Saturday 17th February, 2024 Trade unions are on the warpath, demanding pay hikes, and the ordinary people are struggling to keep their heads above water mostly due to unconscionably high tax and tariff hikes. The government insists that such painful measures are necessary to help the country come out of the present economic crisis. But […]

The Central Bank of Sri Lanka released the Monetary Policy Report – February 2024 in keeping with the requirements of the Central Bank of Sri Lanka Act, No. 16 of 2023. The content of this Report is mainly based on information that was considered by the Monetary Policy Board of the Central Bank of Sri […]

India s main opposition political party- the Congress claimed on Friday (Feb 16) that all its bank accounts have been frozen. Addressing a press conference, Congress treasurer Ajay Maken said the accounts have been frozen ahead of the Lok Sabha elections.