Trinity College, Kandy, symbolizes the distinctive educational environment Sri Lanka experienced under British rule, as the institution embodied Victorian values and closely followed the English public school model. Established by Rev. Richard
Sri Lanka’s recent restructuring of $12.55 billion in international bond debt has sparked considerable controversy, particularly due to the introduction of a set of unprecedented financial instruments. The government’s new bonds are
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by Our Economic Affairs Editor A latest report by the International Monetary Fund (IMF) highlights pressing concerns about Sri Lanka’s public debt management systems, underscoring critical deficiencies in the nation’s legal and
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by Our Special Correspondent in New Delhi A senior diplomat in New Delhi, who wished to remain anonymous, has revealed that the Indian central government is no longer confident in the 13th
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The India-Sri Lanka Joint Statement, titled “Fostering Partnerships for a Shared Future,” highlights the strengthening ties between the two nations as they work together toward mutual growth and regional stability. Emphasizing a
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by Our Correspondent in New Delhi Sri Lankan President Anura Kumara Dissanayake arrived in India for a state visit from December 15 to December 17. This visit marks Dissanayake’s first official trip
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The newly elected Sri Lankan President Anura Kumara Dissanayake (AKD) is on his maiden visit abroad, to India. The visit will conclude on December 17. This is in line with his predecessors
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In October 2008, during the height of the Sri Lankan Civil War, the Sri Lanka Navy (SLN) uncovered a groundbreaking development in asymmetric maritime warfare—a low-profile, manned semi-submersible suicide craft used by
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Sri Lanka has witnessed a significant drop in medicine shipments, with arrivals plummeting from 2,000 consignments in 2022 to just 750 this year—a steep 62.5% decline, according to The Sunday Morning, a
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by Our Correspondent in Colombo In a dramatic twist, the political scene has been thrown into turmoil as new allegations of fraudulent educational qualifications emerge, following the forced resignation of the Speaker
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When I served as Finance Minister, we faced one of the gravest financial crises in our nation’s history. Our reserves were depleted, our credit ratings were in freefall, and we had lost
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Sri Lanka’s Ministry of Finance announced the successful completion of its Consent Solicitation and Exchange Offer for International Sovereign Bonds (ISBs), achieving an extraordinary level of participation from bondholders. This development marks
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Gampaha District MP Ashoka Ranwala, representing the JVP/NPP, has announced his decision to resign from his position as Speaker. In a statement released today, Mr Ranwala cited difficulties in providing the necessary
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The World Bank’s International Debt Report 2024 paints a grim picture of Sri Lanka’s debt challenges, underscoring the nation’s precarious financial position within a global crisis that saw debt servicing costs and
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by Luxman Aravind Lies may elevate you to power, but they will never secure it. To cling to power through deception, you will be forced to resort to ruthless brutality—first against those
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Introduction Effective communication plays a vital role in governance. If communication is clear and effective, it contributes to promoting transparency and building trust between those holding power and the people who are
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