Last week local media reports were rife on what transpired during a courtesy call by outgoing US Ambassador to Sri Lanka, Atul Keshap, on former Sri Lankan President Mahinda Rajapaksa last Sunday.
Keshap reportedly warned... More
China Merchants Port Holdings (0144.HK) has made a $584 million payment as part of a $1.12 billion deal to operate Sri Lanka’s deep sea Hambantota port, a state-run agency said on Wednesday.
Under the deal,... More
Sri Lanka says it is negotiating comprehensive Free Trade Agreements (FTA) with China and India, Asia Pacific Daily reported.
Finance Minister Mangala Samaraweera noted that Sri Lanka recently signed its very first comprehensive FTA with... More
Sri Lanka's economy grew by 3.2 percent year on year in the first quarter of 2018, slowing marginally from a 3.5-percent expansion seen in the fourth quarter of 2017, local media quoted the Department... More
On Thursday, June 14th the General Secretary of the Bodu Bala Sena and Buddhist monk, Galagoda Aththe Gnanasara Thero, was sentenced to 6 months of Rigorous Imprisonment, charged with criminal intimidation and contempt of... More
Following much speculation that that there is friction within the Rajapaksa family and the new party, the Sri Lanka Podujana Peramuna (SLPP) of former President Mahinda Rajapaksa over the early start on ‘campaigning’ by... More
The Sri Lanka Air Force (SLAF) has ambitious plans to purchase helicopters of different makes and Unmanned Aerial Vehicles (UAVs) at a staggering cost of more than Rs 64.8 billion, according to documents seen... More
Sri Lanka’s secretary to the Ministry of Development Strategies and International Trade, Chandani Wijewardana last week refuted reports that discussions between Sri Lanka and China on the proposed Free Trade Agreement (FTA) had come... More
Arjun Aloysius of Perpetual Treasuries Ltd (PTL), who is son-in-law of former Central Bank Governor Arjuna Mahendran.
Barely a few weeks ago, President Maithripala Sirisena lamented about the infamous Sri Lanka Central Bank bond scam... More
Sri Lanka's jinxed second international airport was left without a single scheduled flight from Friday (Jun 8) after the only airline using the remote facility scrapped its daily service.
Dubai's flydubai gave no reason for... More
Sri Lanka’s cabinet has approved a proposal for Singapore-based urban planning consultancy Surbana Jurong, owned by state investor Temasek Holdings, to draw up a plan for a Chinese investment zone in the country’s southern... More
Sri Lanka is in the throes of subtle and overt political maneuvers that may decide the political game-plan for the 2020 Presidential elections and indicate the future of Lankan politics for some years to... More
Sri Lanka’s cabinet has approved a proposal for Singapore-based urban planning consultancy Surbana Jurong Pvt Ltd, owned by state investor Temasek Holdings Ltd, to draw up a plan for a Chinese investment zone in... More
Sri Lanka is to take part in the largest international maritime exercise which will be held in and around the Hawaiian Islands and Southern California.
In all, 26 countries are scheduled to take part in... More
For those who understand the Chinese brand of engagement in Sri Lanka, new initiatives such as the recent US$1.1 billion loan Beijing gave to the island nation to build a motorway should not come... More
In a latest display ofisolation and resentment President Maithripala Sirisena mid last week lashed out at his former supporters after barging in uninvited to an event that was to commemorate a pro democracy campaigning... More
China Development Bank (CDB) has knocked out commercial lenders on a US$1bn loan for Sri Lanka, underscoring China’s ability to support the Belt and Road initiative with cheap financing.
The Chinese policy bank offered very... More
A US Congress delegation from the House Armed Services Committee, told President Maithripala Sirisena that internal security of Sri Lanka is important for regional security and world peace.
The delegation, which included the Chairman of... More
The abolition of the Executive Presidency in Sri Lanka has been promised by all political leaders and Presidents since Chandrika Kumaratunga contested the Presidency in 1994.
Mahinda Rajapaksa, who followed Kumaratunga into the Presidency in... More
There is little doubt that Gotabhaya Rajapaksa, brother of former President Mahinda Rajapaksa and who held the post of Defence Secretary is now making an early preparation to contest the 2020 Presidential elections.
His Viyath... More
For the Indian policy makers, one of the crucial questions today is of how to walk a balancing act between the US, their prime strategic ally, and Iran, their traditional regional ally and, of course, third biggest supplier of oil. The question has become even more significant ever since... More
Even a cursory analysis of the three Nawaz Sharif sackings as PM reveals one constant sordid fact, his incurring penchant to listen to a bunch of “unelectable advisors” who constantly feed his already inflated ego about his supposed omni-potency. The 1993 sacking did him wonders, turning an Establishment “puppet... More
There is something scared about the relationship between a University, its teachers and students. It is built on trust, obligation, mutual affection and much more.
Its as if the teacher is the parent, the campus is the home. A relationship is inherently therefore written into this unwritten contract. It was... More
Myanmar’s new finance minister, Soe Win is determined to revitalize the government’s economic policies and ensure their effective implementation, according to government insiders. Although he has only been in his post for less than two months, there are significant signs that with him at the helm, the government’s commitment... More
The informal Modi-Xi summit at Wuhan had decided to provide “strategic guidance” to their militaries to manage and defuse troop confrontations along the 4057 km Line of Actual Control (LAC). The two leaders asserted that during patrolling, the two armies should stick to existing protocols and mechanisms. These range... More
Social-media platforms are often criticized for their susceptibility to toxic dialogue and vicious attacks. It is a problem that India knows well. Just ask External Affairs Minister Sushma Swaraj, whose recent vilification by members and supporters of her own ruling Bharatiya Janata Party (BJP) is a case in point.
Since the start of the year, U.S. President Donald Trump has lashed out at allies and adversaries alike on trade. Often, as with India, the U.S. has pushed for enhanced security cooperation at the same time it declared trade relations a national security threat. The belligerence has left many... More
The much-awaited Gazipur city election is over, the “we-knew-it-from-before” polls results are upon us, the “impartiality” of the police and the “neutrality” of the civil administration have once again been demonstrated, the never-too-late-to-follow “certificate” of the Election Commission has been delivered and, of course, our democracy now stands “strengthened”.
The BJP pulled out of the coalition government and the other partner, the PDP, had no choice but to resign. The BJP pulled out of the coalition government and the other partner, the PDP, had no choice but to resign.
Only a few weeks ago I had poured out my... More
Just a few days ago I warned two young student leaders in Darjeeling of West Bengal, against the violent movement which has started there for a separate Gorkhaland. I told them in no way should they support this demand. This has multifarious geo-political risks. If a Gorkhaland state is... More