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Thailand reinforces support for Sri Lanka tourism with key MoU

Views - 327 Monday, 1 July 2019 01:11

Thailand last week reinforced its unwavering support for Sri Lanka and a quicker revival of tourism from setbackscaused by theEaster Sunday terror attacks. The strong expression of support came from the Tourism Authority of Thailand (TAT), which sig

Vietnam, EU sign landmark free trade deal

Views - 261 Monday, 1 July 2019 01:10

Hanoi (Reuters): The European Union signed a landmark free trade deal with Vietnam on Sunday – the first of its kind with a developing country in Asia – paving the way for tariff reductions on 99% of goods between the trading bloc and Southeast A

Govt. moves new State Land Bill in Parliament

Views - 409 Monday, 1 July 2019 01:10

By Ashwin Hemmathagama – Our Lobby Correspondent The Government on Friday moved the State Land (Special Provisions) Bill in Parliament seeking House approval to grant absolute title to State lands held by citizens who are holders of grants or instr

Sri Lanka exits from World Cup 2019 contention

Views - 549 Monday, 1 July 2019 01:09

Sri Lanka was eliminated from the 2019 ICC Cricket World Cup after host England beat India convincingly yesterday. A spirited England ended India’s unbeaten run in the Cricket World Cup with a 31-run victory in a high-scoring group match to boost t

US partially lifts restrictions on Huawei as Trump-Xi talk trade

Views - 193 Monday, 1 July 2019 01:09

WASHINGTON, (Reuters): President Donald Trump’s decision to allow expanded sales of US technology supplies to Chinese telecommunications giant Huawei will only apply to products widely available around the world, and leave the most sensitive equipm

SLTPB Board to meet tomorrow to fast track tourism revival

Views - 241 Monday, 1 July 2019 01:09

The Sri Lanka Tourism Promotion Bureau (SLTPB) Board of Directors will meet tomorrow to firm up the remaining measures in fast trackingtourism revival, following the setbacks caused by the Easter Sunday terror attacks. Top on the agenda is global pub

Sampath Bank successfully raises Rs. 12.1 billion

Views - 476 Monday, 1 July 2019 01:08

Sampath Bank PLC said on Friday it has successfully raised Rs. 12.1 billion via its Rights Issue, including the placement of unsubscribed shares to select long-term investors. The Rights Issue involved 89 million shares (around 31% additional stake)

Trump talks trade at G20, China’s Xi warns against protectionism

Views - 171 Saturday, 29 June 2019 00:20

OSAKA (Reuters): US President Donald Trump made clear on Friday that trade was his top priority at a summit of leaders of Group of 20 nations, as China’s Xi Jinping warned against rising protectionism and India, Japan and Russia defended multilater

Carrying out death penalty will cause loss of GSP+ says JVP

Views - 624 Saturday, 29 June 2019 00:19

President Maithripala Sirisena’s decision to carry out the death penalty will lead Sri Lanka to lose GSP+ benefits received from the European Union as well as set the stage for an anti-Sri Lanka campaigns across the world, the Janatha Vimukthi Pera

Sri Lanka tourism fighting back from Easter bombings: Mangala

Views - 347 Saturday, 29 June 2019 00:10

AFP: Sri Lanka’s tourism industry is recovering faster than expected after the Easter Sunday suicide bombings shook the island nation, giving a much-needed boost to the economy, Finance Minister Mangala Samaraweera told AFP. The country was hit by

SC gives leave to process FR petition by woman in ‘Dharma Chakra’ dress

Views - 119 Saturday, 29 June 2019 00:06

The Supreme Court yesterday granted leave to proceed in a Fundamental Rights petition to the woman arrested with a ship’s wheel on her clothes akin to the Dharma Chakra symbol. The woman, Abdul Rahim Mazaina, a resident of Kolongoda, filed the peti

CSE posts first monthly gain in 2019; rupee gains

Views - 80 Saturday, 29 June 2019 00:05

Reuters: Sri Lankan shares ended firmer at a more than one-week high on Friday buoyed by gains in beverage stocks, posting their first monthly gain this year, while the rupee edged up on dollar sales as month-end inward remittances surpassed importer

Writ Petition against execution at CA

Views - 131 Saturday, 29 June 2019 00:02

The Commissioner General of Prisons yesterday undertook to the Court of Appeal that no prisoner would be executed within the next seven days from Friday. He gave this undertakin

Court shoots down PS Chairman’s attempt to ban Muslim traders

Views - 124 Saturday, 29 June 2019 00:01

Marawila Magistrate Keminda Perera yesterday directed the Dankotuwa Police to ensure that traders of all communities are allowed to do business at the weekly fair irrespective of their ethnicity. The magist

Sri Lanka picks two hangmen for first prisoner executions since 1970s

Views - 190 Saturday, 29 June 2019 00:01

Reuters: Sri Lanka has hired two hangmen as it prepares for executions of four prisoners convicted of drug offences in what would be the country’s first use of the death penalty for over 40 years, prison authorities said on Friday. The Prisons Dep

Modi says one-sided decisions drive development of global economy

Views - 89 Saturday, 29 June 2019 00:00

OSAKA (Reuters): The development of the global economy is largely driven by one-sided decisions and disputes felt by the entire system, Indian Prime Minister Narendra Modi said on Friday.

EU leaders warn of damage to global growth from trade war

Views - 28 Saturday, 29 June 2019 00:00

OSAKA (Reuters): European Union leaders warned on Friday against the damage that escalating US-China trade friction was inflicting on the global economy, as the Group of 20 economies began a two-day summit in Japan’s western city of Osaka. The annu

President-PM stand-off bringing country to collapse: Opposition

Views - 358 Friday, 28 June 2019 00:20

Tension between the President and Prime Minister has led the country to the verge of collapse, charged United People’s Freedom Alliance (UPFA) MP Dinesh Gunawardena yesterday in Parliament. Joining the debate on extending Emergency Regulations for

President has few options to avoid PSC: Hirunika

Views - 997 Friday, 28 June 2019 00:18

President Maithripala Sirisena’s options to avoid testifying before the Select Committee of Parliament to look into the Easter Sunday attacks are bleak, the UNP lawmaker Hirunika Premachandra told Parliament yesterday. According to MP Premachandra,

CID informs Court no evidence found for all allegations against Dr. Shafi Shihabdeen

Views - 1155 Friday, 28 June 2019 00:15

The Criminal Investigation Department (CID) yesterday informed the Kurunegala Magistrate’s Court that investigations carried out so far had not proven that Dr. Mohammed Shafi Shihabdeen had blocked the fallopian tubes of mothers, amassed wealth in

New torture claims in US case against Gota

Views - 616 Friday, 28 June 2019 00:12

AP: Military and Police forces led by Sri Lanka’s former Defence Secretary, now a presidential hopeful, repeatedly tortured and raped political opponents, in some cases branding them with hot metal rods and lashing them with electrical cables, acco

Expolanka Holdings opens market to celebrate S&P SL 20 entry

Views - 393 Friday, 28 June 2019 00:10

Expolanka Holdings PLC yesterday rang the opening bell to commence trading at the Colombo Stock Exchange (CSE). The market opening ceremony was organised to celebrate Expolanka Holdings making an entry to the S&P SL 20 as part of the 2019 mid-year i

US technical assistance to improve Ease of Doing Biz rankings

Views - 340 Friday, 28 June 2019 00:08

The 13th Joint Council Meeting (JCM) under the USA-Sri Lanka Trade and Investment Framework Agreement (TIFA) took place on 19-20 June at Hotel Hilton, Colombo with the presence of a team of senior officials from the United States and a wide cross-sec

Land prices in Greater Colombo up 64% as demand grows

Views - 2338 Friday, 28 June 2019 00:00

Demand for land in Thalahena, Gothatuwa and Kolonnawa are rising significantly, resulting in the highest percentage increases in land prices in Greater Colombo, according to a recently concluded study. analysed postings in its w

Why the Sri Lanka bombings shouldn’t put you off a visit to paradise

Views - 645 Friday, 28 June 2019 00:00

By Sarla Fernando I am a New Zealand born, Sri Lankan Australian. Being Australian comes without effort or thought. When I greet a friend my first question is always: G’daymate-’owyagoin? (Usually uttered rapid-fire out of the

Documents to execute four drug smugglers signed

Views - 320 Thursday, 27 June 2019 02:35

President Maithripala Sirisena yesterday said that he has signed the documents for execution of four major drug smugglers but next of kin is yet to be informed and they could appeal for clemency. Addressing heads of media at the President’s House i

SLASSCOM launches Sri Lanka’s first AI policy framework

Views - 925 Thursday, 27 June 2019 02:31

A draft policy framework to promote artificial intelligence (AI) in Sri Lanka was unveiled yesterday by the Sri Lanka Association of Software and Services Companies (SLASSCOM). AI, a market which is expected to exceed more than $ 191 billion by 2024,

No ‘imminent’ threat of another terrorist attack but problem not completely over: Army Commander

Views - 469 Thursday, 27 June 2019 02:29

Army Commander Lt. Gen. Mahesh Senanayake yesterday told a Parliamentary committee that there is no “imminent” threat of another terrorist attack but it is also not practical to say this problem is completely over. “We cannot give a percentage

Envoys of OIC states meet President, PM; express concerns over communal tensions

Views - 249 Thursday, 27 June 2019 02:24

The envoys of member countries of the Organisation of Islamic Cooperation (OIC) called on President Maithripala Sirisena and Prime Minister Ranil Wickremesinghe to take all measures to contain any possible trace of events that could lead to communal

19A should be further strengthened, President’s powers reduced: Dr. Wickramaratne

Views - 596 Thursday, 27 June 2019 02:24

Dr. Jayampathy Wickramaratne, who was a member of a Cabinet committee that drafted the 19th Amendment to the Constitution, said yesterday that there should be no going back on the process set in motion to reduce the powers of the Executive Presidency

Today's Columnists

We should sell our water

Monday, 22 July 2019

When you read the title of this article, you will probably feel disgusted with me as selling our water has been a controversial topic since a long time ago. By the way, I am talking about virtual water trade and you would be surprised to know that we

A voice of compassion amid howls of zealotry

Monday, 22 July 2019

The unrestrained freedom extended by the current regime to a bunch of saffron-clad street vendors of Sinhala Buddhist zealotry is pushing Sri Lanka once again into a cauldron of ethnic and religious convulsion. The nationwide spread and virulence of

Roger Beteille: The man who reinvented the commercial airliner

Monday, 22 July 2019

The visionary engineer, pilot and manager who led Airbus to some its most significant decisions, passed away last month. Beteille, who was the head of French aircraft manufacturer Sud Aviation’s flight testing section, was made technical director

“Sri Lanka’s future lies in producing exportable manufactured goods”: Dr. Howard Nicholas

Monday, 22 July 2019

Drawing lessons from Vietnam’s experiences The Sri Lanka-born economist attached to The Hague based Institute of Social Studies – Dr. Howard Nicholas – addressing a packed audience consisting of the alumni of the Postgraduate Institute of Manag

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