China and Sri Lanka first became connected through Buddhism and later through the Maritime Silk Road. The friendship between the two peoples has transcended time and continues today. For decades, many residents
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
More
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
More
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
More
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
More
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
More
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
More
On December 12, Sri Lanka received a significant boost to its maritime surveillance capabilities with the induction of a Beechcraft King Air 350 aircraft, donated by the Australian government. The aircraft was
More
This story has been updated with additional details as of 14 December 2024. We would like to issue a correction regarding our earlier report on Barrington Global Company. The Colombo District Court
More
Uralchem Group has delivered 55,000 tonnes of potash fertiliser to Sri Lanka to support the country’s agricultural sector and strengthen food security. The official handover ceremony in Colombo was attended by Sri
More
Nineteen U.S. Peace Corps Volunteers took their oaths today in Colombo, marking the second group of Volunteers to return to Sri Lanka since the program’s relaunch last year. The ceremony highlighted the
More