McDonald’s may decide to return to Sri Lanka with a new franchisee after the company ended an agreement with its local partner, the Reuters news agency quoted an attorney for McDonald’s as saying. McDonald’s has ended an agreement with its local partner in Sri Lanka and all 12 outlets in the country have been closed, […]

President Ranil Wickremesinghe participating in a friendly discussion organized by the ‘United Youth Union’ on the theme ‘Future of our Youth’ in Polonnaruwa on Saturday (23), stressed the necessity of a new economic reform program for the country’s economic recovery. He requested for collective support from all citizens to prevent the next generation from inheriting […]

Trainocate has partnered with BCAS Campus to bring about changes in local education sector and to address the problem of brain drain. To mark this partnership, a press conference was held last week (14), unveiling innovative programmes resulting from the collaboration, notably the integration of Microsoft Fundamental Programs into the curriculum. Rajitha Ranaweera, Chief Operating […]

Increasing global water scarcity is fuelling more conflicts and contributing to instability, the United Nations warns in a new report, which says access to clean water is critical to promoting peace.

… corruption cited as one of the three issues faced by the country Japanese Ambassador Hideaki Mizukoshi Thursday (21) urged Sri Lanka to turn the continuing economic, political and social crisis into an opportunity to achieve success. The Ambassador said that the country

By Saman Indrajith Speaker Mahinda Yapa Abeywardena yesterday revealed in Parliament that he had been asked by some foreign powers to take over the executive presidency while the country was in crisis owing to the Aragalaya protests. “The objective of those who made that request was to create

By Shamindra Ferdinando SLPP General Secretary Sagara Kariyawasam, MP, on Wednesday (20) said that members of the government parliamentary group could freely contribute to the continuing discussion on whether the party should throw its weight behind President Ranil Wickremesinghe at the forthcoming presidential poll though they were yet to take a final decision. Kariyawasam said […]

Alhambra Hotels commemorates five decades of unwavering dedication to hospitality excellence today. What began as a visionary endeavor by founding Chairman Mr. Jabir A. Cader, a prominent businessman, has evolved into a cornerstone of Colombo’s hospitality landscape. Originally envisioned as a modern cinema, the venture transformed with the changing tides, capitalizing on the burgeoning tour...

In the sun-kissed paradise of the Maldives, where azure waters meet golden shores, a cloud of uncertainty looms over the political landscape. President Mohamed Muizzu, once hailed as a beacon of hope for the nation’s future, now finds himself navigating treacherous waters, buffeted by the winds of discontent and economic strain. The recent opening session […]

If Sri Lanka continues to rely on borrowing to address the imbalance between imports and exports, the nation will inevitably confront another economic crisis within a decade, says President Ranil Wickremesinghe.

The Governor of the Eastern Province, Senthil Thondaman says the debt crisis of the country can be resolved by successfully executing the development projects outlined for the region under the guidance of President Ranil Wickremesinghe.

By Saman Indrajith The debate on the no-confidence motion against the Speaker commenced with Chief Opposition Whip and Kandy District SJB MP Lakshman Kiriella moving a motion alleging that the Speaker had ignored the Supreme Court’s recommendations pertaining to Sections 13, 17, 20, 33 (6), 34 (1), 35 (1), 21, 22 and 33 of the […]

By Saman Indrajith The debate on the no-confidence motion against the Speaker commenced with Chief Opposition Whip and Kandy District SJB MP Lakshman Kiriella moving a motion alleging that the Speaker had ignored the Supreme Court’s recommendations pertaining to Sections 13, 17, 20, 33 (6), 34 (1), 35 (1), 21, 22 and 33 of the […]

By Shamindra Ferdinando By the time President Gotabaya Rajapaksa had arrived in Singapore in the second week of July 2022, a few days after fleeing Sri Lanka, he firmly believed that then Prime Minister Ranil Wickremesinghe was the only person capable of restoring the rule of law in the country. In the chapter titled ‘The […]

UNP Gen. Secy. prefers contest between RW and rivals first By Shamindra Ferdinando Commissioner General of the Election Commission (EC) Saman Sri Ratnayake, yesterday (17) said that even if the government decided to advance the parliamentary polls, the coming presidential election could not be postponed. Ratnayake said so when The Island sought his response to SLPP founder […]

The Asian Development Bank (ADB) has approved a $100 million loan to provide small and medium-sized enterprises (SMEs) in Sri Lanka more access to finance and build their resilience to external shocks, such as the economic crisis and climate change.