ECONOMYNEXT –Sri Lanka has been moving forward in bilateral debt negotiations by talking to individual creditors despite a clearly defined process for dealing with Paris Club and other creditors, President Ranil Wickremesinghe had said last week. Sri Lanka was following a ‘debtor led’ strategy by reforming the economy and also aiming at a ‘highly efficient […]

United States Ambassador to Sri Lanka Julie Chung hosted an event in Colombo on June 22 to mark the 247th anniversary of America’s Declaration of Independence.  Ambassador Chung took the opportunity to also highlight the anniversary of 75 years of a strong and enduring partnership between the United States and Sri Lanka.  Minister of Foreign Affairs Ali […]

Netherlands progressed to the Super Sixes by bouncing Nepal’s batters, and later belting their bowlers in Harare. The loss knocks Nepal out of the World Cup Qualifiers, and also confirms West Indies and Zimbabwe’s progress into the next stage. Put in to bat in bowler-friendly conditions, Nepal folded for 167, unable to navigate a middle-overs […]

Sri Lanka is set to start bartering tea to Iran next month in lieu of $250 million owed for oil, a Sri Lankan official told Reuters on Friday, as the crisis-hit country tries to lift sales to a key market and protect its forex reserves.

Washington DC [US], June 23 (ANI): Noting that India and the US have democracy in their DNA, Prime Minister Narendra Modi on Thursday said there is no question of discrimination on the grounds of caste, creed or religion and his government works by the mantra of ‘sabka saath, sabka vikas, sabka vishwas, sabka prayaas’. Responding […]

United States Ambassador to Sri Lanka Julie Chung hosted an event in Colombo on Thursday (22) to mark the 247th anniversary of America’s Declaration of Independence. Ambassador Chung took the opportunity to also highlight the anniversary of 75 years of a strong and enduring partnership between the United States and Sri Lanka. Minister of Foreign […]

By Saman Indrajith There had been many irregularities in the process of selecting beneficiaries of the Aswesuma Welfare Benefits Programme, government and Opposition MPs said in Parliament yesterday.They urged the government to suspend the implementation of the programme until those issues were sorted out.Sri Lanka should have conducted a household income and expenditure survey, immediately [̷...

By Rathindra Kuruwita While 80 percent of medicinal drugs are imported, Sri Lanka does not have facilities to test these drugs, and there is nothing to prevent more bad drugs from entering Sri Lanka in the future, former Chief Epidemiologist of the Ministry of Health and former President of the College of Community Physicians of […]

Four KOICA Volunteers arrived in Sri Lanka, on Thursday (22) marking the recommencement of the KOICA World Friends Korea Programme (WFK) after it was discontinued in 2019 due to the Easter Sunday tragedy. The four volunteers will be dispatched to the College of Technology, Maradana, the National Institute of Education, Maharagama, and the University of […]

CNN- Indian Prime Minister Narendra Modi basked in the most lavish honors that the US can bestow on a visiting leader. But for much of his state visit, the specter of an uninvited guest hovered over Washington and the future of US-India relations. China – and the growing belief that the US is on a collision course with […]

Friday 23rd June, 2023 SriLankan Airlines came under a scathing attack in Parliament on Wednesday. In what turned out to be a rare moment of unity among warring political parties, both sides of the House joined forces to bash the so-called national carrier left, right and centre. Not that the beleaguered airline does not deserve […]

In a determined push to address Sri Lanka s debt crisis and foster reconciliation, President Ranil Wickremesinghe outlined his plans to finalize the debt restructuring process by September.

In a determined push to address Sri Lanka’s debt crisis and foster reconciliation, President Ranil Wickremesinghe outlined plans to finalize the debt restructuring process by September. Collaborating closely with parliament, the President aims to develop a comprehensive strategy for resolving

By Prabhat Patnaik After Sri Lanka and Pakistan, Bangladesh has become the third country in our neighbourhood to become afflicted by a serious economic crisis. It has asked for a $4.5 billion loan from the IMF, apart from $1 billion from the World Bank and $2.5-3 billion from multilateral agencies

From the viewpoint of the South, the recent visit by a delegation of African political leaders to Russia for the primary purpose of impressing on President Vladimir Putin the need to end the conflict in Ukraine is welcome news. The visit is doubly important for at least two main reasons; first, the mounting economic pressures […]

The number of marriages in China last year dropped to 6.83 million, the lowest since records began in 1986. Data released by the Ministry of Civil Affairs showed the number of couples tying the knot in 2022 fell by about 800,000 compared with 2021, beating that year’s record low. China’s marriage rate has declined rapidly over the past 10 […]

By Shamindra Ferdinando UNDP Resident Representative in Colombo, Azusa Kubota, accompanied international expert on parliamentary development, Kevin Deveaux, to meet Speaker Mahinda Yapa Abeywardena at the Parliament on 14th June. They were joined by Policy Expert and Head of Governance, UNDP Colombo, Chandrika Karunaratne. Japanese national Kubota took over the UNDP mission in Colombo in […]