Bond Commission wraps up hearings; may recommence if needed

The Presidential Commission of Inquiry on the controversial bond issuance concluded its hearings yesterday, noting that additional hearings may be hel ..

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Pakistan to provide assistance for livestock and milk production

Wednesday, 18 October 2017 00:00 Views - 1

Visiting Pakistani Foreign Secretary Tehmina Janjua yesterday assured Sri Lanka of Pakistan’s continued support while promising assistance in livest

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Bourse hits near one-week closing low on profit-taking

Wednesday, 18 October 2017 00:00 Views - 2

Reuters: Shares ended down for a second straight session on Tuesday, slipping further from their highest close in more than 10 weeks hit last week, wi

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Nahil equally gifts Rs. 1 b controlling stake in East West Properties to children

Wednesday, 18 October 2017 00:00 Views - 9

Business tycoon Nahil Wijesuriya yesterday transferred his controlling stake in East West Properties Plc to his three children.

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South Asia’s Best

Tuesday, 17 October 2017 00:15 Views - 265

Central Bank Governor Dr. Indrajit Coomaraswamy has been named Central Bank Governor of the Year, South Asia by popular publication house GlobalCapita

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JO demands debate over no-confidence motion against Rajitha

Wednesday, 18 October 2017 00:00 Views - 1

The UPFA Joint Opposition (JO) group in the Parliament yesterday demanded a debate prior to the Second Reading of Budget 2017 to take up the no-confid

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Rupee ends down on mild importer dollar demand

Wednesday, 18 October 2017 00:00 Views - 1

Reuters: The rupee ended slightly weaker in dull trade on Tuesday as importer dollar demand surpassed mild exporter greenback sales, dealers said.

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External pressures constrain Sri Lanka’s credit profile: Moody’s

Wednesday, 18 October 2017 00:00 Views - 1

Moody’s Investors Service said yesterday that Sri Lanka’s (B1 negative) significant borrowing requirements and heavy reliance on external and fore

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Fonseka’s insights to AG’s Dept. on Bond probe

Tuesday, 17 October 2017 00:14 Views - 1801

Central Bank Monetary Board Member Nihal Fonseka appeared before the Presidential Commission of Inquiry on the controversial bond issuance yesterday,

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FT NEWS


Gazettes tabled on North Korea and nuclear weapons

Wednesday, 18 October 2017 00:00 Views - 2

The Government tabled two Extraordinary Gazettes yesterday in Parliament prohibiting the use of nuclear, chemical or biological weapons in Sri Lanka a

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Govt. seeks House approval for Rs. 25.2 billion

Wednesday, 18 October 2017 00:00 Views - 1

The Government moved a supplementary estimate yesterday in Parliament seeking House approval for Rs. 25.2 billion.

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Villagers affected by Uma Oya Project: AG says granting of relief to continue

Wednesday, 18 October 2017 00:00 Views - 1

The Attorney General informed the Court of Appeal that the steps will be taken again to grant relief to the people affected by the Uma Oya Project.

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COPE Chairman submits Independent Audit Commission draft as Private Member Bill

Wednesday, 18 October 2017 00:00 Views - 1

The Chairman of the Committee on Public Enterprises (COPE), Sunil Handunnetti, submitted the Independent Audit Commission draft as a Private Member Bi

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Pathfinder Foundation participates at Sagar Discourse 2017 in Goa, India

Wednesday, 18 October 2017 00:00 Views - 5

The first ever track 1.5 discourse on the Indian Government’s ambitious initiative Security and Growth for All in the Region (SAGAR) was conducted i

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SL kicks off Asia Pacific campaign to end violence against children

Wednesday, 18 October 2017 00:00 Views - 3

An Asia Pacific campaign to end violence against children was kicked off in Sri Lanka this week with multiple stakeholders partnering to address this

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AG promises transparent inquiry into massacre of 27 inmates at Welikada Prison

Wednesday, 18 October 2017 00:00 Views - 3

The Attorney General yesterday assured that the investigation into the alleged killing of 27 inmates of the Welikada Prison in December 2012 would be

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Experts call for investment in food security, nutrition, sustainable agriculture to tackle migration

Wednesday, 18 October 2017 00:00 Views - 5

International experts yesterday called for attention to be given to pressing issues that cause rural migration, while insisting on action and investme

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President chairs meeting on future activities of provincial councils

Tuesday, 17 October 2017 01:16 Views - 48

President Maithripala Sirisena has given instructions to Divisional Secretaries to continue the services rendered by provincial councils to the public

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Chief Prelates urge President, PM to resolve SAITM issue promptly

Tuesday, 17 October 2017 01:15 Views - 41

The Mahanayake Theras (Chief Prelates) of the four Buddhist Chapters have urged President Maithripala Sirisena and Prime Minister Ranil Wickremesinghe

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Former Litro Chief charged for stealing electricity

Tuesday, 17 October 2017 01:15 Views - 175

The Colombo Magistrate Court yesterday fixed for trial a case filed against former Chairman of Litro Gas Ltd, Shalila Munasinghe on charges of illegal

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Pakistan’s Foreign Secretary to visit Sri Lanka

Tuesday, 17 October 2017 00:12 Views - 36

Pakistan’s Foreign Secretary Ms. Tehmina Janjua will be visiting Sri Lanka from October 17 to 18, 2017 to take part in the 5th Round of Bilateral Po

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Today's Columnists

A SME policy finally in Sri Lanka

Wednesday, 18 October 2017

The other day there was a communiqué that Sri Lanka must have a SME policy as per the direction from the leadership of the Yahapalanaya Government. It sure gave breath to the economy that is currently nose diving with a growth at 4.7% and all banks


How can Sri Lanka gain from Asia’s ‘noodle bowl’ of regional infrastructure?

Wednesday, 18 October 2017

China’s Belt and Road Initiative (BRI) – a web of intercontinental road, rail and port links – is a hot topic in Sri Lanka


What is more important? Fixing the Constitution or fixing the economy?

Tuesday, 17 October 2017

The Steering Committee of the Constitutional Assembly has produced an Interim Report on six key issues after 73 sessions between April 2016 and September 2017, without basic consensus among the key partners of political party representatives in the C


Top 10 tourist source markets and marketing of Sri Lanka tourism niches

Tuesday, 17 October 2017

The tourism sector is a significant that contribute to the economy of the country. Sri Lanka received over two million arrivals in 2016. This was 14% increase compared to last year 2015. In the case of foreign exchange earnings, Sri Lanka’s earning


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