News

Sri Lanka one of Asia’s most promising economies

Sri Lanka one of Asia’s most promising economies

   Sri Lanka has become one of Asia’s most promising economies in recent times, yet the potential of it’s gambling sector is only starting to gain recognition amongst international operators looking to expand their presence in Asia. While the big Las Vegas operators struggle to …

Bodu Bala Sena will continue its struggle

Bodu Bala Sena will continue its struggle

     The Bodu Bala Sena says some politicians are scared of the public support the organisation, made up of mostly Buddhist monks, has got in recent times. Speaking at the Bodu Bala Sena convention in Kandy this evening, the executive Committee Member of the …

HSBC, Citi, Barclays to handle $1 bln Sri Lanka NSB bond sale

HSBC, Citi, Barclays to handle $1 bln Sri Lanka NSB bond sale

      (Reuters)  Citibank and Barclays will be the lead managers for an international bond sale of up to $1 billion for Sri Lanka’s state-owned National Savings Bank (NSB), sources said on Wednesday. One of four sources with knowledge of the deal said the …

Lanka on Alert for Coronovirus

Lanka on Alert for Coronovirus

        Sri Lanka is on alert for the new virus that could lead to serious illness but there is no cause for panic, assured a top health official.All hospitals have been alerted to be vigilant for any severe respiratory infections as well …

Sri Lankan Students Attacked

Sri Lankan Students Attacked

  ▶sinhala– සිංහල ▶english–          A Sri Lankan Buddhist monk, Pathberiye Gnanaloka Thero, was assaulted by members of Tamil outfits at the Big Temple in Thanjavur on Saturday. He was part of a team of students of the Institute of Archaeology of …

Sri Lanka, as It Heals From War

Sri Lanka, as It Heals From War

          My two-week trip  was my second visit to the Jaffna Peninsula,  a 400-square-mile expanse of Technicolour temples and arid, surreally beautiful landscapes in northern Sri Lanka that have only recently opened to tourists after a 26-year civil war. I had …

DMK threatens to pull out ministers over Sri Lanka issue

     The United Progressive Alliance’s (UPA) key ally DMK threatened to quit the UPA government unless the U.S.-sponsored resolution on Sri Lanka in the United Nations Human Rights Council was strengthened with a firm demand for an independent international probe into war crimes. “If this demand is …

Tamil Nadu shuts down colleges to prevent student protests

Tamil Nadu shuts down colleges to prevent student protests

      As students protest over Sri Lankan Tamils issue gained momentum with a massive agitation involving students proposed for next week, the Indian Government has asked 438 arts and science colleges in Tamil Nadu to be closed immediately as student organisations across the state gear …

India may tilt against Sri Lanka at Geneva

     Despite Sri Lanka’s hopes, India is likely to back the US-sponsored resolution at the UN Human Rights Council (UNHRC) in Geneva against Colombo – if there is a vote. But this decision will not be influenced by the anger in Tamil Nadu against …

Sri Lanka Army baffled by rights abuses

Sri Lanka Army baffled by rights abuses

  ▶sinhala– සිංහල ▶english–      The Sri Lanka Army Friday said it was baffled by allegations against the military and vowed to battle the “malicious propaganda network”. Army Commander Lt Gen Jagath Jayasuriya said the military had been facing “unfounded allegations” since it crushed …