Monthly Archives: December 2015

Steering Sri Lanka towards Sustainable and Inclusive Development

Steering Sri Lanka towards Sustainable and Inclusive Development

The Government is to host the Sri Lanka Economic Forum, “Steering Sri Lanka towards Sustainable and Inclusive Development” on 6 and 7 January 2016 at the Cinnamon Grand Hotel with business magnate and philanthropist George Soros and nobel laureate Joseph Stiglitz as guest speakers. The …

Sri Lanka seeks to become international hub in South Asia

Sri Lanka seeks to become international hub in South Asia

Sri Lanka is seeking to become an international hub in the South Asian region and attract more foreign investments next year to boost its economy. The Asian Development Bank (ADB) said in its latest report that the election in January of a new president and …

Government Rejects Peiris’ Demand for Multiple Referenda on New Constitution

Government Rejects Peiris’ Demand for Multiple Referenda on New Constitution

The Sri Lankan government has rejected former Constitutional Affairs Minister G.L.Peiris’ contention that a single Referendum on the new constitution will not do, and that there should be separate Referenda on changes made in the eleven Articles of the present Constitution which are  entrenched as …

Colombo’s Military Build-Up: A Strategy of Deterrence

Colombo’s Military Build-Up: A Strategy of Deterrence

Contrary to expectations that with the end of the civil war, Sri Lanka would reduce its spending on defence, Colombo has in fact increased its defence expenditure. Defence spending in 2009, the year the civil war ended with the comprehensive defeat of the Tamil Tigers, …

Central Bank expected to raise interest rates

Central Bank expected to raise interest rates

Sri Lanka´s central bank is expected to raise interest rates by 25 basis points from record lows at its policy meeting on Wednesday, a Reuters poll found, a move that could relieve pressure on the fragile rupee. The rupee closed at a record low of …

Tamil Parties Gear Up For Constitution Making

Tamil Parties Gear Up For Constitution Making

For the first time in the post-independence history of Sri Lanka, Tamil parties and Tamil civil society groups are gearing up for participation in the making a new constitution for the island nation. Tamils did not participate in the making of the 1972 and 1978 …

TN parties stoke sentiments on Lankan Tamils ahead of polls

TN parties stoke sentiments on Lankan Tamils ahead of polls

Ahead of the 2016 assembly polls in the state, the ruling AIADMK and other political parties are attempting to stoke public sentiments on emotive issues like Sri Lankan Tamils’ sufferings and LTTE, although they have not translated into electoral gains in the past. Last week, …

Building on 2015

Building on 2015

The United States says the past year marked important democratic gains in Sri Lanka and some other countries. US Secretary of State John Kerry said that despite turbulence and tragedy, the past year has provided fresh hope that the world community can come together and tackle …

Wigneswaran says there is panic in the South that the Tamil people are all getting together

Wigneswaran says there is panic in the South that the Tamil people are all getting together

The Chief Minister of the Northern Province has spoken about the Tamil People’s Council’s aims, reassuring that the council will not work against political parties or the wellbeing of the Tamil people. Speaking at the Council’s second meeting, C. V. Wigneswaran, who also heads the …

What’s the Deal with Sri Lanka’s War Crimes Court?

What’s the Deal with Sri Lanka’s War Crimes Court?

Several weeks ago, Chandrika Kumaratunga announced that Sri Lanka would set up a special court to deal with alleged wartime abuses. Kumaratunga is the chairperson of the Office for National Unity and Reconciliation (ONUR); she served as President of Sri Lanka from 1994-2005. The news …