By Garvin Karunaratne I refer to the news item today:  Do not shirk responsibility of rebuilding the economy: let me know the correct strategy – President tells CB chiefs.” This reminds me of what I wrote on the Central Bank  way back in 2002: The Central Bank in its latest Annual Report states that it […]

BY EDWARD THEOPHILUS President Gotabaya Rajapaksa reminded several times that banks must change traditional attitudes when granting financial supports to economic activities after the COVID backwardness. No doubt that the president wants quickly renaissance of the economy and the recession (negative economic growth) has become an unexpected experience in all countries. If the banking system […]

RANJITH SOYSA The Editor The Island, Reference the article of Dr Nirmala Chandrahasen (  The Island 12 June), I wish to draw the attention of the readers to the very important fact that the Presidential Task Forces was appointed for the survey and preservation of archaeological sites in the EAST. Therefore , any discussion on […]

Sarath Bulathsinghala It is not easy to compare the response of different countries with one yardstick. It is also not quite correct to say that the New Zealand Covid-19 Free Declaration is a camouflage. I should say that New Zealand handled the situation in a fair and humanitarian way and with a firm hand at […]

MALINDA SENEVIRATN​E The USA is in the news. Exposed. Exposed to those who believed the balderdash about that country being the greatest success story of democracy, freedom and the good life, to be more precise. The USA markets lies very well. Whereas other nations as bad or worse are crude the USA is cute in […]

සමස්ත ලංකා ප්‍රවාහන සේවක සංගමය ගරු ජනාධිපති, ගෝඨාභය රාජපක්ෂ මැතිතුමා, ජනාධිපති ලේකම් කාර්යාලය, කොළඹ 01. ගරු ජනාධිපතිතුමනි, ශ‍්‍රී ලංගමය මුදල් උපයන ව්‍යාපාරයක් නොව අනාගත ආයෝජනයන් වෙනුවෙන් අගනා සේවාවක් කරන ආයතනයක් ලෙස සැබෑ ලෙසටම පිළිගෙන අදාල සියලූම මූල්‍ය ප‍්‍රතිපාදන අඛණ්ඩව ලබාදීමට මැදහත්වන ලෙස ඉල්ලා සිටීම 2020.05.21 වන දින ඔබතුමා ශ‍්‍රී ලංගම නිලධාරීන් සමඟ විශේෂිත සාකච්ඡාවක් පවත්වන […]

By M D P DISSANAYAKE The registered leasing companies are under legal obligation to carry out the latest round of instructions of the Central Bank, as directed by President. But unregistered leasing companies are not bound by the rules of the Central Bank  as such the Central Bank also cannot enforce the new rules on […]

By Michelle RobertsHealth editor, BBC News online A cheap and widely available drug can help save the lives of patients seriously ill with coronavirus. The low-dose steroid treatment dexamethasone is a major breakthrough in the fight against the deadly virus, UK experts say. The drug is part of the world’s biggest trial testing existing treatments to see […]

ආචාර්ය සුදත් ගුණසේකර. මහනුවර. මේ රටේ බුද්ධාගම විශාල ගසවන  අතර අනෙකුත්  සියලුම ආගම් යනු එහි කුඩා ශාඛා පමණි’ මේ එතුමන් විසින් 2019 අප්‍රේල් 21 මුස්ලිම් අන්තවාදියකු විසින් 300 කට අධික කිතුණු බැතිමතුන් මරණයටද තවත් සියගනනක් අන්ග විකළ බවටද පත්කරමින් සිදුකරනලද බෝම්බ් අප්‍රහාරයෙන් පසුව එතුමන් විසින් කරන ලද  එතුමන්ගේ එම අබීත ප්‍රකාශයයි මවිසින් ඉහතින් දක්වන ලද්දේ […]

By A. Abdul Aziz. Some of the people believe that this universe was created just by chance and they also try to prove it through science. But God says that all those things that happens just by chance, they don’t have such an order in them. Different colors are used together to make a picture. […]

ලංකා ගුරු සේවා සංගමය ජනමාධ්‍ය නිවේදනයයි. ගරු අධ්‍යාපන අමාත්‍ය ඩලස් අලහප්පෙරුම මහතා, අධ්‍යාපන අමාත්‍යංශය ඉසුරුපාය බත්තරමුල්ල. අමාත්‍යතුමනි, ජාතික විභාගවල උත්තර පත‍්‍ර ඇගයීමට පෞද්ගලික පාසැල් ගුරුවරුන් කැඳවීමට ගෙන ඇති තීරණය සම්බන්ධවයි ඔබගේ අනුදැනුම හා උපදෙස් මත විභාග දෙපාර්තමේන්තුව ජාතික ඇගයීම් ක‍්‍රියාවලිය සඳහා පෞද්ගලික හා ජාත්‍යන්තර යැයි කියාගන්නා පාසල් ගුරුවරුන් සහභාගී කර ගැනීමට ගෙන ඇති තීරණයට දැඩි […]

Courtesy Adaderana Growth of the Sri Lankan economy has fallen to dismal levels over the past few years, and the impact of the COVID-19 pandemic may result in severe stress on economic and financial system stability in the period ahead unless immediate remedial actions are taken. In this context, in support of the government’s efforts […]

Courtesy Adaderana President Gotabaya Rajapaksa today slammed Sri Lanka’s Central Bank officials over their failure to put forward even ‘a single proposal’ to rebuild the economy amidst the prevailing global crisis, despite the fact that many tools have been introduced by the Central Banks in countries around the world. We cannot let the health crisis […]

Courtesy Adaderana The Monetary Board of the Central Bank of Sri Lanka (CBSL), at its meeting held today (16), decided to reduce the Statutory Reserve Ratio (SRR) applicable on all rupee deposit liabilities of licensed commercial banks (LCBs) by 200 basis points to 2.00 per cent, with effect from the reserve maintenance period that commenced […]

Courtesy Adaderana Two more individuals have tested positive for the COVID-19 virus today (16), the Ministry of Health said. Thereby, the total count of coronavirus cases in the country has risen to 1,915. Accordingly, a total of 10 virus-positive cases were confirmed yesterday, the Department of Government Information said. These cases comprise 06 naval personnel […]

Courtesy Adaderana The Colombo Additional Magistrate has issued warrants on four directors of the Edirisinghe Trust Investments (ETI) holdings, for failure to appear before the court. When the case filed by ETI depositors was taken up for hearing before the court today, the Additional Magistrate issued arrest warrants on ETI Directors Jeewaka Edirisinghe, Nalaka Edirisinghe, […]

Courtesy Adaderana Interpol has informed Sri Lanka that former Central Bank (CBSL) Governor Arjuna Mahendran, who is currently wanted over the Bond Scam, has changed his name. Accordingly, Mahendran has changed his name to ‘Harjan Alexander’. The Attorney General has informed this to the Special High Court, when the Bond Scam case was taken up […]

Courtesy Hiru News Defence Secretary Retired Major General Kamal Gunaratne said that a special program has been launched to curb the crimes that are organised from inside the prisons. The defence secretary stated this at a press conference today Meanwhile, a new unit called the Prisons Intelligence Unit has been set up and the public […]

Courtesy Hiru News The Monetary Board of the Central Bank of Sri Lanka, has decided to reduce the Statutory Reserve Ratio (SRR) applicable on all rupee deposit liabilities of licensed commercial banks (LCBs) by 200 basis points to 2.00 per cent, with effect from 16 June 2020. <br /><br />This reduction in the SRR injects […]

Courtesy Hiru News – Growth of the Sri Lankan economy has fallen to dismal levels over the past few years, and the impact of the COVID-19 pandemic may result in severe stress on economic and financial system stability in the period ahead unless immediate remedial actions are taken. In this context, in support of the […]

Courtesy Hiru News General Secretary of the Bodu Bala Sena, Venerable Galagoda Aththe Gnanasara Thera says that the good governance regime that came into power in 2015, did not pay attention to what he said about Islamic extremism. The Thero made these revelations when he gave evidence before the Presidential Commission appointed to probe into […]

Courtesy Hiru News With the intention of further strengthening the process of ensuring law and order of Sri Lanka, the approval of the Cabinet of Ministers has been received on 19.02.2020 to reinstate officers of Sri Lanka Police (including Special Task Force], who have currently received orders of vacation of post, considering the appeals that […]