News

Trade in Renminbi to expand trade

Trade in Renminbi to expand trade

China, on Monday requested Sri Lanka to directly use the Chinese currency renminbi, rather than the US dollar, in trading between the two countries. Chinas Ambassador to Sri Lanka, Yi Xianliang, speaking at the China Sri Lanka Infrastructure Investment Cooperation Forum in Colombo said Chinese …

Foreign firms barred from bidding

Foreign firms barred from bidding

Sri Lankan President Maithripala Sirisena told the Sri Lanka Ports Authority (SLPA) here on Tuesday, that he would not, “under any circumstances”, allow the contract to complete Colombo Port’s East Terminal to be given to a foreign party. Among the companies bidding for the project …

Port deal to boost FOREX, attract more investments

Port deal to boost FOREX, attract more investments

China’s deal with Sri Lanka to acquire a 70 percent stake to develop the Hambantota Port in southern Sri Lanka for 1.12 billion US dollars will boost Sri Lanka’s foreign-exchange reserves and help bolster investor confidence, an international rating agency said Monday. Moody’s, in its …

Devolution a must

Devolution a must

The historic Indo-Sri Lanka Peace Accord that mooted a permanent solution to the decades-long-ethnic conflict in the island nation was signed on July 29, thirty years ago. Veteran Tamil leader and Leader of Opposition in the Sri Lankan Parliament R. Sampanthan recalls how the then …

Conference on Tamil culture

Conference on Tamil culture

The International Movement of Tamil Culture (Sri Lanka chapter) in association with the University of Jaffna will be holding a two-day special conference on ‘Challenges and Initiatives of Tamil Language and Culture’ at the University premises on August 5 and 6. Addressing a press conference …

Conflict-Affected Women

Conflict-Affected Women

The International Crisis Group in a report released on 28 July says the promises by the Sri Lanka Government to the UNHRC in 2015 have failed to materialise and the urgent economic and psycho-social needs of all conflict-affected groups remain unmet. The report notes that …

Controversial Hambantota Port deal to be signed

Controversial Hambantota Port deal to be signed

The Sino-Sri Lankan deal over a controversial deep water port in Hambantota in south Sri Lanka, which has been hanging fire since January 2015, will at last be signed here on Saturday. The agreement was to have been placed before parliament on Friday for its …

Ramadoss, Vaiko demand lifting LTTE ban

Ramadoss, Vaiko demand lifting LTTE ban

Hailing the European Union Court of Justice verdict lifting the ban on LTTE, leaders including PMK founder S. Ramadoss and MDMK general secretary Vaiko, besides other Tiger supporters demanded that the ban be lifted in India too. The leaders and pro-Tiger outfits argued that the …

LTTE removed from EU blacklist

LTTE removed from EU blacklist

The European Union’s top court on Wednesday annulled a court ruling to remove the Hamas militant group from the EU terror blacklist. The court, however, removed Sri Lanka’s Liberation Tigers of Tamil Eelam (LTTE) from the 28-member bloc’s terror list, BBC reported. The Court of …

Address the Missing Persons issue

Address the Missing Persons issue

In a letter to the President, the leader of the TNA Mr. R. Sampanthan had said that the the issue of missing persons is a serious issue and that demonstrations have been carried out by families of missing persons, both in the north and east for …