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Shares close at 11month high

Shares close at 11month high

Sri Lankan shares closed at a more than 11-month high in heavy trading on Friday as foreign buying for 26 sessions in a row took net inflows into equities to 13.9 billion rupees ($91.39 million) and boosted sentiment. Foreign investors bought shares worth 708.2 million …

A mockery of the UN

A mockery of the UN

Taylor Dibbert.                                                                             The UN Human Rights Council’s …

Sri Lanka can’t remain aloof

Sri Lanka can’t remain aloof

Major General (Rtd.) Dipankar Banerjee speaker at a public lecture hosted by the Institute of National Security Studies recently said Sri Lanka was the only country to attain victory over violent terrorism and the most developed country in South Asia in terms of human development …

Prime Minister discusses bilateral issues with Sri Lankan PM

Prime Minister discusses bilateral issues with Sri Lankan PM

Prime Minister Narendra Modi on Wednesday discussed a range of bilateral issues and matters of mutual concern with visiting Sri Lankan Prime Minister Ranil Wickremesinghe in New Delhi. Following the talks, an agreement on cooperation in economic projects between India and Sri Lanka was signed. …

Oil Tank Farm, hottest dish on the table

Oil Tank Farm, hottest dish on the table

When the visiting Sri Lankan Prime Minister Ranil Wickremesinghe meets Prime Minister Narendra Modi for a working lunch on Wednesday, an agreement for the development of the Trincomalee Oil Tank Farm will be the hottest dish on the table. Sri Lankan and Indian government sources …

“A separate court, separate arbitration centres,” creates controversy

“A separate court, separate arbitration centres,” creates controversy

It is hard to miss the blue-lettered boards lining the northern end of Galle Face, Colombo’s iconic seafront. “A new Central Park in Colombo”, “A new world class city in South Asia” — they declare in bold font. In the background, a few cranes spray …

China Moves Ahead With Ancient Silk Road Revival

China Moves Ahead With Ancient Silk Road Revival

China is moving forward with an ambitious project to build a new Silk Road linking Asia, Africa, the Middle East and Europe, hosting regional allies and other foreign dignitaries in what is expected to be the country’s biggest diplomatic event of 2017. Representatives of as …

Modi must visit Tamil areas

Modi must visit Tamil areas

Tamil National Movement leader P. Nedumaran said Prime Minister Narendra Modi should visit the Tamil areas in northern Sri Lanka during his visit to Colombo and take steps to alleviate their suffering. Talking to reporters here after staging a protest in support of the fishermen …

National Interests in a Globalized World

National Interests in a Globalized World

By Asanga Abeyagoonasekera.                                             The first 100 days of the US President Donald Trump’s administration revealed the complexity of a head of state’s task. …

Shares hit 6-month high

Shares hit 6-month high

Sri Lankan shares gained on Friday to hit a more than six-month closing high on foreign buying in market heavyweight John Keells Holdings, helping boost the overall sentiment. Foreign investors net bought equities worth 1.35 billion rupees ($8.88 million) on Friday, extending the week’s net …