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National Security Council meets

Views - 151 Wednesday, 14 November 2018 00:00

A National Security Council meeting was chaired by President Maithripala Sirisena at 8.00 p.m. yesterday.The President discussed the country’s security situation at the gathering and instructed the heads of all the security forces to ensure a peace

Speaker convenes P’ment at 10 a.m. today in keeping with President’s gazette

Views - 306 Wednesday, 14 November 2018 00:00

By Our Parliament Correspondent Speaker Karu Jayasuriya summoned Parliament to meet at 10.00 a.m. today, hours after the Supreme Court stayed the gazette notification dissolving Parliament. Speaker... “Parliament shall convene at the Chamber of Par

MR supporters say stay order not final decision

Views - 312 Wednesday, 14 November 2018 00:00

Supporters of Prime Minister Mahinda Rajapaksa yesterday insisted that the stay order issued by the Supreme Court had not cancelled the dissolution of Parliament and they would decide whether to attend Parliament after a meeting this morning. Mahaja

Namal denies MR resignation; says will attend P’ment

Views - 263 Wednesday, 14 November 2018 00:00

Namal Rajapaksa labelled rumours circulating last night that Prime Minister and former President Mahinda Rajapaksa would resign as completely false. “We will all attend the Parliament. The decision by the Supreme Court is an interim order to consi

Ranil hails Supreme Court decision

Views - 581 Wednesday, 14 November 2018 00:00

Prime Minister Ranil Wickremesinghe yesterday hailed the Supreme Court decision to stay the gazette issued to dissolve Parliament as a victory for democracy, insisting that this was the first win in the battle to establish the sovereignty of the peop

Veterans return to lead state banks

Views - 1092 Wednesday, 14 November 2018 00:00

Three veterans have been appointed to lead three state banks following the appointment of Finance and Economic Affairs Minister Mahinda Rajapaksa who was also made the Prime Minister by President Maithripala Sirisena. Business leader Neil Umagiliya h

Determined Ranil to build pro-democracy coalition

Views - 735 Tuesday, 13 November 2018 01:08

Prime Minister Ranil Wickremesinghe yesterday pledged to build a broad coalition against what he described as a return to authoritarianism and to continue the battle to restore democracy, transparency and institutional independence in Sri Lanka.

Rupee hits record low of 175.90 on political uncertainty

Views - 310 Tuesday, 13 November 2018 01:07

Reuters: The Sri Lankan rupee fell to a record low on Monday, as political uncertainty triggered by President Maithripala Sirisena’s decision to sack Parliament weighed on sentiment, in line with bonds, market sources said.

Amidst gloomy politics JKH gives cheer with Rs. 11.1 b share buyback

Views - 956 Tuesday, 13 November 2018 01:07

Amidst gloomy politics in the country, the premier blue chip John Keells Holdings (JKH) yesterday brightened the investor community outlook with a Rs. 11.1 billion share buyback move. It said the Board resolved to

SLFP calm over MP losses to SLPP

Views - 1384 Tuesday, 13 November 2018 01:06

The Sri Lanka Freedom Party (SLFP) remained unperturbed by the spate of members leaving its ranks to join the Sri Lanka Podujana Peramuna (SLPP) yesterday, insisting that its main goal was winning a Parliamen

Speaker calls on citizens to defend Constitution

Views - 241 Tuesday, 13 November 2018 00:48

The leaders of several political parties represented in Parliament have informed me that they will be challenging the purported dissolution of Parliament in the Supreme Court. Since the President has prevented Parliament from ruling on the legitimacy

Sri Lanka’s ousted Premier ready for polls as legal action planned

Views - 313 Tuesday, 13 November 2018 00:37

Bloomberg: Sri Lanka’s ousted Prime Minister Ranil Wickremesinghe is ready for polls after President Maithripala Sirisena dissolved the island nation’s Parliament and called for a snap general election. “We are prepared to go for an election, b

The economy’s call for middle class as kingmakers

Views - 175 Tuesday, 13 November 2018 00:29

The current political situation has brought to centre-stage what we already knew – the calibre of our lawmakers in the Parliament. The crossovers and reverse crossovers for personal benefit is the hallmark of all political parties barring none. Th

President’s undemocratic and unconstitutional moves

Views - 114 Tuesday, 13 November 2018 00:15

By Dr. S. I. Keethaponcalan Believing that he could win a third term as President, Mahinda Rajapaksa scheduled the Presidential election for January 2015. After some time, it became clear that Ranil Wickremesinghe will not be conte

President defends dissolution

Views - 381 Monday, 12 November 2018 01:12

Fears of widespread violence, concerns over price tags being placed on elected representatives and the conduct of Speaker Karu Jayasuriya prompted the sudden dissolution of Parliament, President Maithripala Sirisena revealed yesterday while defending

UN Chief concerned over decision to dissolve Parliament

Views - 189 Monday, 12 November 2018 01:10

The Secretary-General of the United Nations António Guterres has expressed concern over the sudden decision by President Maithripala Sirisena to dissolve the Parliament, Deputy Spokesman for the Secretary-General Farhan Haq said. A statement attrib

MR takes SLPP membership

Views - 310 Monday, 12 November 2018 01:10

By Nuwan Senarathna Prime Minister Mahinda Rajapaksa yesterday formally left the Sri Lanka Freedom Party (SLFP) and joined the Sri Lanka Podujana Peramuna (SLPP) to contest a likely General Election, which is scheduled to be held on 5 January 2019.

Expolanka continues on strong growth track with Q2 performance

Views - 148 Monday, 12 November 2018 01:08

A focus on its fundamental logistics business has enabled Expolanka Holdings PLC to post promising growth for the second quarter of 2018, with a Year on Year (YOY) revenue growth of 15%. This quarter saw Expolanka record an impressive 617% YoY growth

Worldwide condemnation of dissolution move in Sri Lanka

Views - 622 Monday, 12 November 2018 01:08

Colombo (Reuters); Sri Lanka President Maithripala Sirisena’s decision to dissolve Parliament, worsening an already major political crisis, has drawn criticism from Western powers, including the United States and the European Union. Sirisena dissol

Softlogic to launch truly global modern trade retail experience on Friday

Views - 446 Monday, 12 November 2018 01:07

Further entrenching its credentials as one of Sri Lanka’s most valued and largest diversified entities, Softlogic Holdings Plc has announced its foray into FMCG Modern Trade Retail with the launch of a truly global market experience in Delkanda, a

Largest but voiceless minority plead at ‘Court of last resort’

Views - 496 Monday, 12 November 2018 00:00

By a Special Correspondent Fervent accessibility rights activist Dr. Ajith C. S. Perera, Hony. Chief Executive of IDIRIYA, has moved the Court to re-activate invocation of a Fundamental Rights Public Interest Litigation of utmost importance to Sri La

SL must invest in education, research and digital infrastructure to embrace AI, says expert

Views - 110 Monday, 12 November 2018 00:00

By Charumini de Silva Sri Lanka should pursue in investing on fundamentals of education, research and digital infrastructure to capitaliseon Artificial Intelligence (AI) to revolutionise industries, a top machine learning consultant opined. Addressin

Economic sentiment improves slightly: Survey

Views - 312 Saturday, 10 November 2018 01:11

Sentiment surrounding the economy witnessed a marginal uptick in October, according to the latest LMD-Nielsen Business Confidence (BCI) poll. The survey reveals that eight percent of corporate respondents expect the economy to improve over the next 1

Bandula backtracks on FTAs

Views - 1180 Saturday, 10 November 2018 01:10

Going back on his earlier rhetoric, International Trade and Investment Promotions Minister Bandula Gunawardana yesterday ruled out revoking any signed free trade deals or stopping ongoing negotiations with trade partners, including India and China, i

Mix of local and global policies for development: Yapa

Views - 131 Saturday, 10 November 2018 01:09

The Sirisena-Rajapaksa Cabinet will focus on policies embracing a mix of promoting local producers but also aligning with global economic trends, State Minister of Finance Anura Priyadharshana Yapa said yesterday when he assumed duties. The State Mi

Rupee falls on uncertainty amid foreign outflow; stocks up

Views - 403 Saturday, 10 November 2018 01:08

Reuters: The rupee fell in dull trade on Friday as outflows from Government securities and stocks due to political uncertainty raised dollar demand. Stocks snapped four straight sessions of declines, but political uncertainty continued to weigh on in

President takes over police with fresh Gazette

Views - 250 Saturday, 10 November 2018 01:08

President Maithripala Sirisena has issued a new Gazette bringing the Police, which was earlier under a separate Ministry, under his purview and coalescing a slew of new departments, institutions and State corporations under the Finance Ministry. T

Fresh Cabinet appointments

Views - 169 Saturday, 10 November 2018 01:08

In the latest round of Cabinet appointments, United Nat

Industrial index slows by 0.7% in Sept.

Views - 38 Saturday, 10 November 2018 01:07

The Index of Industrial Production (IIP) for the month of September has decreased by 0.7% compared to the same month in 2017, the Census and Statistics Department said yesterday. IIP reported for the month of September 2018 and 2017 were 106.9 and

New program to resolve gem industry issues

Views - 91 Saturday, 10 November 2018 01:07

President Maithripala Sirisena has said a special program will be implemented to resolve the issues of the gem and jewellery industry, including illegal mining, trade of fake gem stones and issuing mining licenses, the President’s Media Unit said y

Today's Columnists

Constitutional paradox: There is no such thing called Election Commission

Wednesday, 14 November 2018

Our Constitution, which was certified by Parliament on 31 August 1978, has 19 amendments; the First Amendment to the Constitution was certified by the Speaker in the same year on 20 November. By the end of 1988, there had been 14 amendments made to t

‘So Sri Lanka’ – upgrade staff, processes, infrastructure at BIA arrivals to be world’s best!

Wednesday, 14 November 2018

24 October, time 12:47 p.m., place – my residence in Colombo My phone buzzes with a WhatsApp message from my old colleague Prasad Fernanado now with Saudi British Bank in Saudi. I am thrilled to see the message ‘Sri Lanka top country for travel i

Qatar crisis: From the Sri Lankans’ point of view

Wednesday, 14 November 2018

The aim of this article is to examine the Saudi blockade over Qatar and its impact in the past 17 months on the country. A special focus will be given to the Sri Lankan workers who have been living in Qatar for the past two decades. The reason why th

The reality of Sri Lanka – household end!

Wednesday, 14 November 2018

Whilst Sri Lanka is debating what is right and wrong on the governance of the country, the Sri Lankan household is falling part due to escalating costs, as per the latest data released by respected research agency Nielsen. For the seventh quarter in

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