As reported earlier today, the United States has pledged $17 million to modernise digital operations at the Port of Colombo. In a subsequent statement, US Ambassador Eric Meyer outlined the commercial rationale
by Our Foreign Affairs Editor New Delhi’s latest parliamentary and naval strategy documents, published mid last month, have delivered an unusually blunt assessment of Sri Lanka’s place in India’s Indian Ocean calculus.
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The last night tragedy at the Na Uyana Aranya Senasana in Kurunegala is not merely an unfortunate accident; it is a stark reminder of the perilous neglect and systemic indifference that continue
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HSBC Sri Lanka has agreed to sell its retail banking business to Nations Trust Bank PLC (NTB) in a landmark deal valued at LKR 18 billion. The transaction, announced today, includes HSBC’s
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As the US, India and China compete for influence over Sri Lanka’s energy sector, Russia has reiterated its interest in establishing a nuclear power plant in the country. The Russian ambassador to
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by Our Economic Affairs Editor There is a certain poetic irony in the life of Dr. Nandalal Weerasinghe, Sri Lanka’s Central Bank Governor. A man who, when our nation teetered on the
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The personal fortune of Sri Lanka’s Central Bank Governor, Dr. Nandalal Weerasinghe, has come under intense public scrutiny following a full declaration of his assets and liabilities to the Commission to Investigate
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The eagerly awaited Performance Report of the Inland Revenue Department (IRD) for 2024 has recently been published. It offers some context regarding the IRD’s tax collections. There is room for wider disclosure
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When Mahinda Rajapaksa became President of Sri Lanka in 2005, the country faced two critical challenges: bringing an end to the long-running civil conflict and addressing decades of underinvestment in infrastructure. While
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X-Press Feeders, the former operator of the ill-fated container ship X-Press Pearl, has announced it is pausing payouts tied to what is now recognized as Sri Lanka’s largest environmental disaster. The decision
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“Democracy faces a perfect storm of autocratic resurgence… To fight back, democracies need to protect key elements of democracy, like elections and the rule of law, but also profoundly reform government so
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It was around the end of 1956. “Bandaranaike set off a bomb in our heads…” Sirimavo said. He came home early that day. I sensed that he was worried. He told me
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The government and the Ceylon Electricity Board (CEB) strikers are playing a game of chicken, and the prospects of blackouts loom large, with the warring trade unions intensifying their industrial action. The
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CIVICUS, a global civil society alliance, calls on the government of President Anura Kumara Dissanayake to halt the continued harassment of activists and journalists and crackdown on protests. One year since he
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Last week, the United States Trade Representative visited Sri Lanka and met with President Anura Kumara. Their discussions centred on the agreement reached regarding tariffs imposed on Sri Lanka by President Trump.
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by Our Correspondent in Colombo Addressing the nation at the inauguration ceremony for the resumption of construction on the Kadawatha to Mirigama section of the Central Expressway Project, the President emphasized that
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