Wednesday 1st March, 2023 Sri Lanka finds itself in the same predicament as a gang rape victim being forcibly kept in the custody of her rapists. Those who are responsible for stealing public funds, mismanaging the economy and bankrupting it continue to be in power. Worse, while living

Beijing [China], February 20 (ANI): Chinese people continued to face difficulty as the economy of the country is falling, ramping up the risk of social unrest in the nation, Global Strat View reported citing the World Economic Forum’s (WEF) economic outlook. China’s economy is slow

Reforms to be introduced to end ‘media abuses’ President Ranil Wickremesinghe yesterday said that the government was not in a position to lower the taxes. Delivering his second government policy statement to inaugurate the Fourth session of the Ninth Parliament, the President said: “Some people say that the primary taxable income should be raised from […]

Thursday 2nd February, 2023 The UNP and the SLFP have started talking about the next presidential election even before the long-overdue local government (LG) polls are held. UNP General Secretary Palitha Range Bandara has recently said President Ranil Wickremesinghe will contest the next presidential election. Former President Maithripala Sirisena himself has told the media he […]

Singapore, January 13 (ANI): At the 18th Party Congress of the Chinese Communist Party (CCP) held in 2012, China had declared its ambition to be a haiyang qiangguo– that is, a strong or great maritime power, according to The Singapore Post. As per the Singapore-based publication, a ‘maritime power’ is a country that has great […]

ISLAMABAD: As the year comes to a close and 2023 begins, the nation takes a reflective pause and harks back at a long year of political events that will foreshadow the election year – a new year resolution politicos hope to keep but without an economic story worth telling. Unprecedented events lashed the political waters […]

China’s lurch from extreme zero-Covid to extreme herd immunity is a watershed moment in the global ideological struggle of our age, an unanswerable illustration of why autocratic regimes are less successful in the end than messy liberal democracies. Leadership cults and totalitarian media control can at times enable breathtakingly destructive policies, and it is hard […]

The Sri Lanka Telecom PLC Annual Report 2021 secured a prestigious Gold accolade at the awards ceremony hosted by the South Asian Federation of Accountant (SAFA) to recognise the Best Presented Annual Reports Awards, Integrated Reporting Awards, and SAARC Anniversary Awards for Corporate Governance Disclosures 2021. The Report won Gold under the ‘Communication and Information […]

By Ifham Nizam Sustainable food security is not an easy target to achieve in a country like Sri Lanka, where primary production has been given the priority, Professor Buddhi Marambe of the Department of Crop Science, Faculty of Agriculture, University of Peradeniya said. Speaking to The Island Financial Review Marambe stressed that concerted efforts are […]

Ronnie de Mel’s contribution undervalued, corruption later gnawed at its vitals Excerpted from volume two of Sarath Amunugama’s autobiography One of the spectacular achievements of the Jayewardene regime was the completion of the accelerated Mahaweli Development scheme. The Ceylon National Congress and its successor the UNP under the Senanayakes paid special attention to the development […]

Institutions remain the most important factor for strengthening productivity and the investment climate in a country. Good governance, rule of law, and socio-political stability are crucial determinants of long-run economic growth. As famously described by Douglas North, “Institutions are the rules of the game in a society; more formally, they are the humanly devised constraints […]

By R.K. RADHAKRISHNAN Member of Parliament Rajavarothiam Sampanthan, who has kept together a diverse coalition of Tamil political parties under the umbrella of the Tamil National Alliance since 2001, has witnessed many phases of the struggle since Sri Lanka became an independent country in 1948. Now 89 and largely confined to his official residence in […]

Speech made November 22 I have consistently recorded my opposition to Minister of Finance being the President. From 2010 onwards in this House, whenever the President in his capacity as Minister of Finance has presented a budget I have recorded that protest and I wish to record that today as well. When a person who […]