Sri Lanka’s economy grew by 5 per cent in 2025 as the country continued its recovery from the 2022 economic crisis, but its investment climate remains challenging, with foreign investors reporting policy
by Our Correspondent in New Delhi In a move that is already reverberating across the strategic landscape of the Indian Ocean, Mazagon Dock Shipbuilders Limited (MDL) has formally acquired a controlling 51
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From 1977 to 1994, the Bandaranaike and Rajapaksa factions of the SLFP were unable to defeat the UNP government. The JVP, even through armed struggle, could not destabilize the UNP government. In
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by Our Correspondent in Colombo Sri Lanka is facing a deepening political crisis as Energy Minister Kumara Jayakody is set to resign from his post, citing ongoing legal proceedings against him. The
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Sri Lanka’s government is facing intensifying criticism for what many observers describe as a defiant and dismissive response to corruption allegations against Energy Minister Kumara Jayakody, choosing to keep him in power
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by Our Correspondent in Colombo Serious allegations have emerged in Sri Lanka against Hatton National Bank (HNB), a prominent private sector bank, with multiple customers claiming that the institution has been quietly
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“The enemy of my enemy is my friend…” J.R. decided to release Rohana Wijeweera from prison after reading this idea in Machiavelli’s book The Prince. If J.R. had not released Wijeweera, there
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Sri Lankan authorities have launched a major crackdown on foreign nationals, primarily Chinese, engaged in large-scale internet-based financial fraud, with arrests now reaching into the hundreds as the cybercrime wave spreads across
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by Our Correspondent in New Delhi India is reportedly considering a landmark 99-year lease of Sri Lanka’s Trincomalee Oil Farm, potentially giving Indian firms near-total operational control of the historic facility. The
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by Our Correspondent in Colombo Russia has made it clear that it is not interested in spot buying arrangements for its oil, emphasizing instead the importance of long-term strategic energy partnerships, according
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The plight of Sri Lanka, an island nation of about 23 million people caught in the after effect of a war in faraway Iran and GCC countries (Bahrain, Qatar, Kuwait, Oman, Saudi
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by Durga Velayudham Diplomacy is not courtesy dressed in fine language; it is power performed with a smile. As Niccolò Machiavelli made brutally clear in The Prince, rulers who depend on affection
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“Do you know that when the JVP bombed Parliament, the then National Security Minister Lalith Athulathmudali almost lost his life?” This question was posed by a senior veteran journalist who had covered
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India is increasingly asserting its influence over Sri Lanka’s fuel supply chain, raising concerns about energy sovereignty as the island nation grapples with distribution shortages and rising prices. During a recent telephone
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Former US President Ronald Reagan, in 1977, following J. R. Jayewardene assuming office, sent his special envoy, Vernon Walters, to Sri Lanka. Indian media described his visit as “U.S. digs deeper into
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Sri Lanka’s position in the Indian Ocean has long been described as strategic. Yet, the true test of a nation is not in possessing geographic advantage, but in how effectively it translates
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