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The NSB/TFC deal and the General Recent events in Sri Lanka have reconfirmed that though seemingly power may be unlimited, there are in reality constraints which limit the options those in power have. As proof of this fundamental reality, the first event is the purchase by the National Savings Bank (NSB), a State-owned entity, whose ...
Receipt of aid, both in the form of grant aid and concessional aid, like in the good old days, would give an impetus to development. When there are roads, power plants and power connections, water supply and sewerage facilities and such like built, that would also give a fillip to investments and therewith job creation ...
Below is an interview with Ambassador Dayan Jayatilleke published in the French Diplomatic Review – La Lettre Diplomatique (The Diplomatic Letter) Two years after the end of a three decades conflict, the lifting of the emergency rule in late August 2011 confirmed the beginning of a new era for Sri Lanka. With the recent discovery of ...
Tributes have been paid to a "committed" Red Cross worker who died after being attacked on Christmas Day while on holiday, the Press Association reported Khuram Shaikh, 32, from Manchester, a physiotherapist working for the International Red Cross in the Middle East, was killed in the tourist resort of Tangalle, about 100 miles south of the capital Colombo. Unmarried Mr Shaikh was t...
Following is the address delivered by Senior Minister for International Monetary Cooperation Dr. Sarath Amunugama at the fourth South Asia Economic Summit (SAES IV) Plenary Session: In the aftermath of the global economic crisis, there has been a noticeable shift in economic clout, moving from the USA and the debt-plagued countries of the Eurozone, to ...
Hundreds of millions paid to British PR Firm for 2018 Commonwealth Games bid The Indian government spent $ 8.5 billion to host the Commonwealth Games, which turned out to be a national disaster By Frederica Jansz The Sri Lankan government is reportedly paying a top British PR firm about 3 million sterling pounds (Rs. 545,880,000) ...
By Dr. S. Narapalasingam The current moves of the powerful government in post-war Sri Lanka are mainly for sustaining the wartime military strength, preventing the resurrection of the smashed LTTE and developing the infrastructures, notably the roads and rail network,...