India, China and Russia are interested about Sri Lanka's potential oil reserves, reports say.

Thousands of jobs at risk By Indika Sri Aravinda The  tea industry, the country’s second largest net foreign exchange earner is facing a potential crisis as a result of the economic sanctions imposed on Iran by the US government, the Sri Lanka Tea Board said. Tea Board Chairperson Janaki Kuruppu told The Sunday Leader that ...

(Srilankamirror) - The Russian centre will hold an art exhibition to celebrate 55 years of diplomatic relations between Sri Lanka and Russia. The exhibition will be held from 6:30 p.m. onwards on February 19th 2012 at Palm Lounge, Galle Face Hotel. The event will feature art exhibits

By Tisaranee Gunasekara “Nothing is closer to the law of the jungle than a system of distorted laws and procedures” Haaretz Editorial (2.1.2012) President Rajapaksa won the Eelam War, with the help of countless others (including the imprisoned Gen. Fonseka). In fairytales, the hero who saves a country from some deadly peril is rewarded with ...

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 ...

Justice and fair-play is paramount Justice and fair-play are of paramount importance to all members of the world family consisting of 193 nations expecting justice and fair-play equally. It is the principle on which the United Nations was established in place of the less-effective League of Nations, in order to settle differences among nations based ...

Reuters: England piled more misery on India with a thrilling six-wicket victory in a one-off Twenty20 match at Old Trafford on Wednesday. After losing the test series 4-0, India started brightly in the shortest version of the game and racked up 165 all out, only to see England reach their target with three balls to ...

It’s strange how the innovations of the world tend to wrap around our daily life. One of them is the brand Facebook. I have been trying to locate a friend of mine for the last 12 years and failed, until I used a modern IT application like FB and today I realise the power of ...

Hatton National Bank plc (HNB), the only local bank to be a member of the Asian Bankers’ Association (ABA), reaped the dividends of this relationship at the height of the Great Recession which hit the world four years ago. Rajendra Theagarajah, HNB’s Managing Director/CEO and the incumbent ABA Chairman told reporters on Wednesday that his ...

by M.D. Nalapat That old habits die hard is clear from the way in which the functionaries of the European Union seek to influence the developing economies on the best way to manage their nations. And woe betide those leaders...

By Malathi De Alwis On 18 May 2009, Sri Lanka officially declared the end of a 30-year civil war fought between. Sri Lankan government forces (GoSL) and Tamil militants, namely the Liberation Tigers of Tamil Elam (LTTE). Such a sea...

by Dr.Dayan Jayatilleka “The contest is never over, the field never quite ours.”- Dave Robicheaux in James Lee Burke, ‘The Tin Roof Blowdown’ (2007) Is it only me, or is not sad that there is no review in the Sri Lankan public space, of the first decade of the 21st century and the new millennium? Should we not be looking back at the road that has been travelled by the world, by our co...

By Indi Samarajiva Behind every conspiracy, there’s a Private First Class, getting the coffee. There have always been leaks. WikiLeaks is just a digital bucket. The Leaks Bradley Manning had been busted down to Private First Class for assaulting an officer. It was the latest in a series of troubles for the 22 year old ...

by Ranil Wickremesinghe By the 4th century BC, Asia had begun its first cycle of economic growth and power. This was the reason why Alexander the Great decided to travel eastward to establish an empire. At that time there was...

China has become Sri Lanka’s top bilateral lender up to September 2010, displacing Japan. Sri Lanka has racked up 2,481 million US dollars in bi-lateral and multi-lateral financing up to September 2010, the highest ever volume of foreign financing commitments, with China leading the way with 668 million US dollars of export credits. According to ...

By Dr. Dayan Jayatilleka The other day I was discussing contemporary Sri Lankan trends over lunch with a friend, an LSE educated professor who is on the faculty of the LSE, who promptly proffered his parallel: “Russia’s Putin and Russia under Putin… but can the model sustain without natural

BY Dr. Dayan Jayatilleka The other day I was discussing contemporary Sri Lankan trends over lunch with a friend, an LSE educated professor who is on the faculty of the LSE, who promptly proffered his parallel: “Russia’s Putin and Russia under Putin… but can the model sustain

By Anusha Ondaatjie and David Yong Sri Lanka received more than $6 billion of orders for its global sale of $1 billion in government debt, according to an official, who asked not to be identified because the details have yet...

The Forbes magazine has ranked Sri Lanka high in its list of best countries in the world to do business. Sri Lanka ranks above China (90th), Philippines (91st), Russia (97th) and many of the South American nations. Being at the 83rd place, Sri Lanka is second only to India (77th) in South Asia

by Dr. Dayan Jayatilleka The ongoing visit by the much-decorated chief of the Indian army provides an occasion for an objective perspective on Sri Lanka’s military achievement as well as the reactions to it. The Lankan military victory and our military have earned the respect of military professionals the world over. If they haven’t been exactly hailed or has sometimes been "dam...

By Dr. Janaka Ratnasiri Since winning the war, according to media reports, persons in both the public and private sectors have been talking about converting Sri Lanka into various hubs in such sectors as business, aviation, shipping, energy etc....