Monday 18th September, 2023 Some henchmen of the Rajapaksa family, which is responsible for ruining the economy, have taken upon themselves the task of investigating the causes of the country’s bankruptcy! They are all out to absolve their political masters of wrongdoing in a bid to shore

By Saman Indrajith Ceylon Workers Congress (CWC) leader and Minister of Water Supply and Estate Infrastructure Development, Jeevan Thondaman, plans to bring the grievances of his community before Global Union Federation Public Services International in Geneva and other international fora, such as the World Economic Forum and International Labor Organization, next month, he said. “I […]

The Sri Lankan economy has contracted by 3.1% in the second quarter of this year against the value reported in the same quarter in the previous year, according to data released by the Department of Census and Statistics (DCS).

[…]The post ‘Strictly Justify’ The Refusal To Give Info On Adani Power Project – RTI Commission Orders BOI appeared first on Colombo Telegraph.

State Minister of Finance Shehan Semasinghe states that the country s economy will be driven by the private sector in the future, and that the government will only act as a regulatory authority.

China’s factories picked up their pace and retail sales also gained momentum in August, according to government data, suggesting the economy may be gradually recovering from its post-pandemic malaise. However, despite busy activity in restaurants and stores, the figures released on Friday

By Jayantha Somasundaram When Dr Salvador Allende was elected President of Chile in 1970 at the head of a coalition that included the Socialist and Communist Parties, and with a mandate to nationalise foreign capital, carry out land reform and implement sweeping welfare measures, his government was targeted by Washington and opposed by Chile’s business […]

Why we, the public, need to understand Climate Change (Part 3) by Dr. Ranil Senanayake Another largely unaddressed fact that frames Climate Change is that global Oxygen concentration is falling. According to two graphs, one from the US and the other from Australia, this loss is global. The only process that can add free molecular Oxygen […]

Friday 15th September, 2023 Nobody dared trifle with Gotabaya Rajapaksa when he was the Defence Secretary. It was jokingly said then that he exercised 50% of President Mahinda Rjapaksa’s executive powers! Many a true word is said to be spoken in jest. Even senior Cabinet ministers used to bow and scrape before him. Never did […]

While the progressive empowerment of people and their steady liberation from the forces of state repression could be regarded as being at the heart of democratic governance, it is imperative that the defenders of democracy everywhere ensure that these basic aims are achieved and protected by governments claiming loyalty to the fundamental ideals of democracy. […]

Former State Minister Dr. Nalaka Godahewa, MP, says that the ruling party politicians were labouring under the misconception that the very individuals responsible for the unprecedented economic crisis could be the architects of the economi recovery process. The Gampaha District MP said that unless that notion was challenged and publicly disapproved it could lead the […]

Wednesday 13th September, 2023 There has been a surge in serious and organised crimes over the past several months, if media reports are any indication. Hardly a day passes without several incidents of violent crimes being reported from different parts of the country, which is awash with illegal firearms and narcotics. The Western and Southern […]

International Monetary Fund (IMF) Managing Director Kristalina Georgieva on Sunday called on the G20 members to lead by example and deliver on the promises of $100 billion per year for climate finance supported by strengthening the Multilateral Development Banks. Speaking at the conclusion of the G20 Leaders’ Summit in New Delhi on Sunday, the IMF […]

By HIMAL KOTELAWALA ECONOMYNEXT – If Sri Lanka allows elections to distract from the path of recovery, stabilization and growth, the country will be hit by a fresh crisis far worse than any before, former central bank governor Indrajit Coomaraswamy said. Speaking at a forum organized by Cal, a Colombo-based investment banking group, Coomaraswamy said […]