Monthly Archives: March 2016

Former cadres call off hunger strike

Former cadres call off hunger strike

The hunger strike launched by 13 former LTTE cadres demanding that the government expedite the lawsuit against them was called off following the assurance given by the Prisons Reforms and Rehabilitation Minister D.M. Swaminathan. The hunger strike was called off by the prison inmates after …

India approves $700 million forex swap

India approves $700 million forex swap

India has approved a $700 million currency swap of dollars for Sri Lankan rupees until the island nation receives an International Monetary Fund loan, the Indian government said on Friday. Sri Lanka is facing a balance-of-payments crisis after a third of its foreign exchange reserves …

Government to extend public sector salary increments to service personnel

Government to extend public sector salary increments to service personnel

The Sri Lankan government is taking measures to extend the salary increment of Rs. 10,000 given to the state employees to the tri-services personnel as well, the State Minister of Defense Ruwan Wijewardene said. “Final arrangements are being prepared by the government to add the …

The next months will be important: Zeid Al Hussein

The next months will be important: Zeid Al Hussein

Addressing the UN Human Rights Council 31 session on 10 March 2016 after submitting his annual report, United Nations High Commissioner for Human Rights Zeid Ra’ad Al Hussein said that important steps have been taken to reform the Constitution, revive independent institutions, and restore an …

New deal for plantation community

New deal for plantation community

Acknowledging that social indicators of the one-million-strong plantation community in Sri Lanka are well below the national standards, the government on Thursday unveiled a five-year action plan, which seeks to improve the plight of the community in various sectors and envisages an investment of around …

Sri Lanka ready for peace

Sri Lanka ready for peace

With President Maithripala Sirisena at the helm in Sri Lanka, this is the best opportunity to bring about a lasting solution to the country’s ethnic question, Norway’s former special peace envoy Erik Solheim said on Tuesday. “The strength of Sri Lankan democracy is such that …

Can’t let the team and country down

Can’t let the team and country down

Angelo Mathews was as honest as a mirror when asked if he was prepared to take over the reins of Sri Lanka’s Twenty20 squad from Lasith Malinga. “No, I was not [ready for it],” he said with a straight face on Wednesday afternoon. Appearing slightly …

Why invest in Sri Lanka?

Why invest in Sri Lanka?

“This is the best time to invest in Sri Lanka,” Minister of Finance Ravi Karunanayake urged at the successful Investment and Business Conclave 2016 organised by the Ceylon Chamber of Commerce, raising the question ‘Why is it the best time to invest in Sri Lanka?’ …

Why India must heed Geography

Why India must heed Geography

Suhasini Haidar.                                                                           In October 2006, India supported Shashi …

End the wait to invest in Sri Lanka

End the wait to invest in Sri Lanka

Sri Lanka’s burnished fortunes provide an exciting opportunity for investors, believes Dialog Axiata in Malaysia Chairman Datuk Azzat, who made a clarion call to international businessmen to growth their ventures along with the country. Delivering the keynote address at the inauguration of the ‘Sri Lanka …