Monthly Archives: August 2016

Task force to provide counselling to missing persons’ families

Task force to provide counselling to missing persons’ families

A psychosocial support task force, which will introduce a range of services to families of missing persons and others in Sri Lanka who suffer from post-conflict trauma, has been set up. Formed by the Office for National Unity & Reconciliation (ONUR), the task force will …

Indias garland around the sea

Indias garland around the sea

India’s Sagar Mala (garland around the sea) port modernisation project includes a proposed transshipment port on the southern coast of India expected to directly compete with the Colombo harbour, and in order to secure its position as a regional shipping hub, Sri Lanka should take …

Constitution should promote harmony and co-existence

Constitution should promote harmony and co-existence

Sri Lankan rights activists hope that the new constitution will afford citizens the freedom of religion, promote religious harmony and recognize human rights but traditionalists want to keep the Buddhist hegemony. “A secular state does not mean being irreligious,” said Father Sarath Iddamalgoda, a rights …

Herath hat-trick and Australia bowled out

Herath hat-trick and Australia bowled out

Mitchell Starc’s 11-wicket haul will almost certainly be in vain after a frenetic second day of the second Test in Galle, with Sri Lanka’s spinners again embarrassing Australia. The tourists were set a victory target of 413, seemingly well out of reach given their woeful …

Colombo Stock Exchange launches online services

Colombo Stock Exchange launches online services

Online Services for CDS Account Holders Launched via www.cdseconnect.lk Central Depository System (Pvt) Ltd (CDS), a fully owned subsidiary of the Colombo Stock Exchange (CSE), announces the launch of CDS e-connect, a secure electronic business portal that offers an array of online services to CDS …

“Too big to fail”

“Too big to fail”

If there is a bright spot in Sri Lanka and China’s multi-billion dollar Hambantota debacle it’s that nobody has given up on it yet. “Too big to fail” is a term that’s often been applied to China’s large-scale developments which don’t take off right away …

Is Sri Lanka Finally Seeing Its Peace Dividend?

Is Sri Lanka Finally Seeing Its Peace Dividend?

At the tip of the teardrop of India, as Sri Lanka is often described, lies the Thalsevana Holiday Resort. From here you could once walk to India over 30 miles of limestone shoals. Long since washed over by the Palk Strait, its silver shoreline and …

The challenge for Sri Lanka is development, generating growth and employment

The challenge for Sri Lanka is development, generating growth and employment

Public Enterprise Reform: Sri Lanka Economic Summit 2016. By Mangala Samaraweera.                                           When the National Unity Government was elected just over a year and a …

Govt. mulls mass public sector reforms

Govt. mulls mass public sector reforms

Government efforts at Public-Private Partnerships (PPPs) have to be uncomplicated and centered on reality checks of past failures said panelists who participated in the closing session of the Sri Lanka Economic Summit 2016, organised by the Ceylon Chamber of Commerce (CCC). Development Strategies and International …

Shares up on hopes of macro economic improvement

Shares up on hopes of macro economic improvement

Sri Lankan shares rose on Wednesday, heading for their fifth straight session of gains, as investors continued buying shares hoping for improved macro economic fundamentals after the central bank rate hike, analysts said. The central bank last week raised its main interest rates by 50 …