Mangala musters patriotism

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In a bid to curtail further rupee depreciation, Finance Minister Mangala Samaraweera yesterday called on people to buy more local products, limiting t ..


CSE falls to near 5-year closing low on foreign selling

Wednesday, 26 September 2018 07:32 Views - 359

Reuters: Shares fell over 1% yesterday to their lowest close in nearly five years, as foreign investor selling, a weaker rupee and government plans to


League of Multinational Corporates presents Jim Lawless on Friday

Wednesday, 26 September 2018 00:00 Views - 227

The League of Multinational Corporates (LMNC), a consortium of leading multinational corporates operating in Sri Lanka, is all set to host its inaugur


Govt. to convert SL into technology hub: Harin

Wednesday, 26 September 2018 00:00 Views - 353

By Charumini de Silva The Government yesterday said that it would soon roll out a series of measures to convert Sri Lanka into a technology hub to fos


President to address UNGA for 4th consecutive time today

Tuesday, 25 September 2018 00:02 Views - 155

President Maithripala Sirisena will address the 73rd session of the United Nations General Assembly (UNGA) today. This will be his fourth consecutive


MR blames free trade policies for rupee depreciation

Wednesday, 26 September 2018 00:55 Views - 411

Former President Mahinda Rajapaksa yesterday blamed the liberal economic policies followed by the current government for the continuous depreciation o


Rupee closes near record low

Wednesday, 26 September 2018 00:00 Views - 414

Reuters: The rupee declined on Tuesday and closed above its record low hit last week, while intervention by the central bank limited the fall, market


US to grant $ 480 m to Sri Lanka; deal to be signed in December

Wednesday, 26 September 2018 00:00 Views - 396

The United States will provide a $ 480 million grant to Sri Lanka for several development projects. This was assured to President Maithripala Sirisena


Govt. fully supportive of digitalisation to drive financial inclusivity in SL: Eran

Tuesday, 25 September 2018 00:01 Views - 334

By Charumini de Silva State Finance Minister Eran Wickramaratne said he is fully supportive of the digitalisation and the use of new technologies whic




Australia says borders reinforced

Wednesday, 26 September 2018 00:00 Views - 57

Australia has reinforced the security of its maritime borders with expanded aerial surveillance and on-water patrols. These additional capabilities fu


Pascal Euvrard appointed Sri Lanka’s Honorary Consul in Monaco

Wednesday, 26 September 2018 00:00 Views - 63

The Sri Lankan Government, with the agreement of the Government of the Principality of Monaco, has appointed Pascal Euvrard Sri Lanka’s Honorary Con


Ambassador Azeez emphasises importance of IP for Sustainable Development

Wednesday, 26 September 2018 00:00 Views - 87

Permanent Representative of Sri Lanka to the UN in Geneva Ambassador A.L.A. Azeez, speaking at the 58th Session Series of Meetings of the World Intell


Trump tells the UN: ‘We reject the ideology of globalism’

Wednesday, 26 September 2018 00:00 Views - 232

President Donald Trump offered a broad condemnation of globalism at the United Nations on Tuesday, telling the international body that the United Stat


China urges ‘stability’ in Maldives after opposition wins presidential election

Wednesday, 26 September 2018 00:00 Views - 85

BEIJING (Reuters): China on Tuesday called for “continuity and stability” in the Maldives after Ibrahim Mohamed Solih, the leader of an opposition


President calls on world leaders to emulate Nelson Mandela

Wednesday, 26 September 2018 00:00 Views - 48

President Maithripala Sirisena called upon the world leaders to emulate Nelson Mandela, who showed the correct path by his humanitarian qualities and


JO calls for General Elections

Wednesday, 26 September 2018 00:00 Views - 52

The Joint Opposition yesterday called on the Government to hold General Elections to enable the country to better handle the current economic crisis.


National Mosquito Control Week from today

Wednesday, 26 September 2018 00:00 Views - 36

The National Dengue Prevention Unit of the Ministry of Health, together with the Presidential Task Force on Dengue Prevention, has declared National M


CID permits voice comparison of Namal Kumara

Wednesday, 26 September 2018 00:00 Views - 38

By Manopriya Gunasekara The Fort Magistrate yesterday permitted the Criminal Investigation Department to direct the Government Analyst to record voice


Faiszer to promote women-led local government projects

Wednesday, 26 September 2018 00:00 Views - 42

Provincial Council, Local Government and Sports Minister Faiszer Musthapha is set to present a Cabinet proposal for a number of local government devel


Fonseka grilled by CID for 4 hours

Wednesday, 26 September 2018 00:00 Views - 85

Minister Field Marshal Sarath Fonseka was grilled for four hours by the Criminal Investigation Department (CID) yesterday over the abduction of journa


SLPP calls for DIG Nalaka Silva’s arrest

Tuesday, 25 September 2018 00:00 Views - 183

The Joint Opposition yesterday called on the Government to arrest Terrorist Investigation Department Director DIG Nalaka Silva and Director Operations




Friday, 21 September 2018 17:39 Views - 209

Crux of currency crisis!

Thursday, 20 September 2018 03:28 Views - 209

Cyber Security Summit 2018

Wednesday, 12 September 2018 12:37 Views - 209

The Most Admired Companies of Sri Lanka - 2018

Sunday, 2 September 2018 12:02 Views - 209

Best of the Best at ICCSL-CIMA-Daily FT Fireside Chat


Today's Columnists

Of love and struggle: The interconnected feminist movements of South Asia

Wednesday, 26 September 2018

The last Cat’s Eye column observed all that there is to celebrate in the recent Supreme Court of India’s judgement on Sec. 377, which decriminalised adult consensual same-sex sexual activity in private. We used this ‘magnificent’ decision, wh

Accessibility at buildings and places – Indispensable need to enjoy civil rights

Wednesday, 26 September 2018

Have you not yet realised that the chances are now very high that at any stage or any moment in life, for a short time or for a long time, for different reasons, you or your loved ones could experience physical and/or sensory impediments, and fall in

Over-tourism: The new buzz word in tourism

Wednesday, 26 September 2018

Periodically the tourism industry is in the habit of coming up with some interesting name to describe a new emerging trend or situation in the industry. Sometimes the phenomena is not new, but has become relevant and topical enough to ‘package’ a

Depreciation of the rupee and Sri Lanka’s dilemma

Wednesday, 26 September 2018

The rupee depreciated by Rs. 29 from 2005 to 2014 and the average year-on-year depreciation of the Sri Lankan rupee was 2.8% per year. Official foreign reserves increased from $ 2.7 billion to $ 8.2 billion over the same period. In stark contrast, th

Laurels of ‘Living Together’: Refreshing reflections

Tuesday, 25 September 2018

It was a memorable evening with a mega gathering for a meaningfully different reason. It was not just another book launch with ego-boosting speeches about the author. It was also not an event where a popular politician coming late and preaching about

The fate of the rupee: Central Bank is caught with ‘Devil’s Alternative’

Tuesday, 25 September 2018

Not all are losing when the rupee depreciates The recent depreciation of the rupee against the US dollar in the market has apparently driven the entire nation to a panic mode. While it had been a field day for the media and opposition law makers, the

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