News

Japan stakes a claim

Japan stakes a claim

Japanese Foreign Minister Taro Kono’s visit to Sri Lanka earlier this month was the first by a Japanese foreign minister in 15 years. Governmental confirmation of Sri Lanka’s first liquefied natural gas (LNG) project came during Kono’s visit, when the prime minister’s office revealed that …

China and the Politics of Investment

China and the Politics of Investment

Last month, the Sri Lankan government formally handed over control of the port of Hambantota to Chinese interests on a 99-year lease. The price was over one billion dollars, but this came mostly in the form of a reduction in the enormous debt burden to …

Local investors are buying blue-chip shares

Local investors are buying blue-chip shares

Sri Lankan shares snapped a seven-session streak of declines on Friday, recovering from a near three-week closing low hit in the previous session, as investors picked up battered blue-chip and banking shares. However, foreign investors, who have been net buyers of 2.7 billion rupees worth …

An Interview with C.V. Wigneswaran

An Interview with C.V. Wigneswaran

C.V. Wigneswaran is the chief minister of the Northern Province of Sri Lanka and a member of the Tamil National Alliance (TNA). This interview has been edited and condensed for clarity. Maithripala Sirisena became president three years ago. What are the principal challenges for people …

Weedicide Ban Hits Tea Workers

Weedicide Ban Hits Tea Workers

Sri Lankan tea workers are being affected by a government ban on a popular weedicide as large plantations become overgrown with weeds. The country banned the import of Glyphosate in 2015 under the Import and Export (control) Act over concerns that it could cause chronic …

The TNA hierarchy had failed

The TNA hierarchy had failed

Northern Minister of Women Affairs, Ananthy Sasitharan said the International Community had taken a different stance over humanitarian issues in Sri Lanka, thus letting down the war-affected people. “We were under the impression that United Nations High Commissioner for Human Rights, Prince Zeid bin Ra’ad …

One Belt One Road’ project hits political, financial hurdles

One Belt One Road’ project hits political, financial hurdles

China’s plan for a modern Silk Road of railways, ports and other facilities linking Asia with Europe hit a $14 billion pothole in Pakistan. Pakistan’s relations with Beijing are so close that officials call China their “Iron Brother.” Despite that, plans for the Diamer-Bhasha Dam …

India can’t allow its neighbours to drift away

India can’t allow its neighbours to drift away

India cannot allow its neighbours to drift away from it to counter an assertive China, Army chief Gen. Bipin Rawat said today, affirming that time has come for the country to shift focus from western to the northern frontier. Rawat said countries like Nepal, Bhutan, …

Japan courts Sri Lanka

Japan courts Sri Lanka

Sri Lanka’s strategic location, astride the main shipping lanes in the Indian Ocean, has kept in the gaze of the world powers more and more. The latest example of such attention turned out to be the visit of Japanese Foreign Minister Taro Kono to Sri …

Supreme Court opinion sought to continue as President till 2021

Supreme Court opinion sought to continue as President till 2021

Sri Lankan President Maithripala Sirisena has sought the Supreme Court’s opinion on whether he could hold office until 2021, apparently contradicting a Constitutional Amendment — stipulating a five-year term — that was passed after he assumed charge in 2015. The issue will be argued in …