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
The UK Foreign and Commonwealth Office (FCO) has destroyed around 195 files, including documents relating to relations between India and Sri Lanka at the peak of the Liberation Tigers of Tamil Eelam (LTTE) led... More
Sri Lanka has accepted an eight-year China Development Bank $1 billion syndicated loan to repay loans maturing this year, two top Sri Lankan Finance Ministry officials said on Friday.
The bank was chosen from among... More
The heavy pre-monsoon rains that have continued for the past ten days in Sri Lanka have killed at least nineteen and affected more than 150,000 people in 19 Districts, the Disaster Management Centre in... More
The government plans to utilize yen loans to develop ports in three Indian Ocean nations — Myanmar, Sri Lanka and Bangladesh — as part of Prime Minister Shinzo Abe’s “free and open Indo-Pacific strategy.”
A Sri Lanka court on Thursday (May 24) found a radical Buddhist monk guilty of criminal intimidation, the first time the notorious extremist has faced the prospect of jail.
Galagodaatte Gnanasara, who has been accused... More
Sri Lanka is headed for a debt crisis, the finance ministry warned Sunday, blaming a series of costly projects commissioned by the previous government for record-high repayments.
Finance Minister Mangala Samaraweera said payments of capital... More
Sri Lanka commemorated the ninth anniversary of the end of its civil war as a divided nation, with minority Tamils calling for an international investigation into alleged wartime atrocities and the government defending soldiers... More
Sri Lanka's president Saturday (May 19) warned that Tamil extremists were regrouping abroad to revive their demand to divide the island nation nine years after the end of its decades-long ethnic war.
Maithripala Sirisena said... More
Iran has agreed to build a new oil refinery for Sri Lanka in addition to upgrading its ageing 50,000 barrel per day (bpd) state-owned refinery, Sri Lankan cabinet spokesman Rajitha Senaratne said on Wednesday... More
The Chinese government has approved a $1 billion loan to Sri Lanka to build a highway and its export-import bank has been instructed to process the borrowing, Sri Lankan Prime Minister Ranil Wickremesinghe’s office... More
Sri Lankan President Maithripala Sirisena has rejected charges from his predecessor Mahinda Rajapaksa that his unity government was persecuting military personnel for ending the war with the Liberation Tigers of Tamil Eelam (LTTE).
“I wish... More
Sri Lanka’s military, on Thursday, said that it was prepared to face a war crimes inquiry in order to clear its name.
Army Commander Lieutenant General Mahesh Senanayake told the Foreign Correspondents’ Association of Sri... More
The Sri Lanka parliament on Wednesday approved a bill to set up special courts to expedite trials of bribery and corruption cases amid public outcry over delays in punishing members of the island nation's... More
The European Union (EU) says it will continue to support the reforms process in Sri Lanka as well as the reconciliation process.
The EU Ambassador to Sri Lanka and the Maldives for the Delegation of... More
Narendra Modi is India's most travelled Prime Minister. The opposition Congress recently wanted his name on the Guinness Book of World Records for the most travelled Prime Minister, mockingly writing," We are overwhelmed and”extremely happy to suggest the name of India’s Prime Minister Narendra Modi who has set the... 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
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