Judiciary Refer statements made by Nivad above,  in his defence makes interesting reading 22. The 7th Respondent states that the decision to default on 12th April 2022 was highly suspicious, irrational, arbitrary, illegal, and wrongful and it is inexplicable that it had been hastily carried out in view of the fact that, by end March […]

උපුටා ගැන්ම ලංකා සී නිව්ස් පොලිස් අපරාධ පරීක්‍ෂණ දෙපාර්තමේන්තුව විසින් කැපිටල් මහරාජා සමූහ ව්‍යාපාරයේ සභාපති ශෂී රාජමහේන්ද්‍රන් මහතාගෙන් පැය අටහමාරක පමණ කාලයක් ප්‍රකාශ සටහන් කරගෙන ඇත. පසුලිය ජූලි 09 වැනිදා එවකට අගමැති වත්මන් ජනාධිපති රනිල් වික්‍රමසිංහ මහතාගේ පෞද්ගලික නිවසට ගිනිතැබීමේ සිදුවීම ගැන සිදුකරන විමර්ශනවලට අදාළව මෙම ප‍්‍රකාශ සටහන් කරගෙන තිබේ. පසුගිය අඟහරුවාදා පෙරවරු 10.00 පමණ […]

Courtesy The Daily Star Workers carry a basket of watermelons at a wholesale vegetable and fruit market amid an ongoing economic crisis on the outskirts of Colombo. Sri Lanka defaulted on its $51 billion foreign debt in April and is seeking an International Monetary Fund bailout after months of food, fuel and medicine shortages. PHOTO: […]

Courtesy The Telegraph OnLine (India) The nation is in midst of an unprecedented economic crisis that has led to severe shortages of fuel and other essentials Sri Lanka’s forex situation has “improved” and the economy has started to see favourable results due to decisions made by the Central Bank to mitigate the country’s economic crisis, […]

Courtesy News18.com Former Sri Lankan President Gotabaya Rajapaksa, who fled the country last month amid public protests calling for his resignation, is awaiting a US Green Card in order to return to the US and settle there with his wife and son, according to a report by the Daily Mirror. The report quoted ‘reliable sources’ […]

Courtesy Adaderana The Australian government will lift emergency aid to Sri Lanka to AU$75 million as the south Asian island grapples with an economic crisis that has triggered a new surge of people fleeing on boats for Australia. Sri Lanka’s worst financial meltdown has led to skyrocketing prices and crippling shortages of food, fuel and […]

Courtesy Adaderana The Governor of the Central Bank says that Sri Lanka’s negotiations with the International Monetary Fund (IMF) is making good progress and that an IMF delegation is expected to visit the island by the end of August to reach a staff-level agreement.  “IMF program is making a good progress. For example, IMF mission […]

Courtesy Adaderana (Reuters) – Sri Lanka will ask Japan to invite the Indian Ocean island’s main creditor nations, including China and India, to talks on bilateral debt restructuring, as it seeks a way out of its worst economic crisis in decades, its president said on Thursday. Someone needs to call in, invite the main creditor […]

Courtesy Adaderana Minister Susil Premajayantha says he does not believe that former President Gotabaya Rajapaksa will get involved in politics again after returning to Sri Lanka. Responding to a question from journalists on whether he is expecting the former President to engage in politics again after returning from overseas, he said: No. Never. I don’t […]

Courtesy Adaderana During a discussion this evening, the Sri Lanka Podujana Peramuna (SLPP) has requested President Ranil Wickremesinghe to facilitate the return of former President Gotabaya Rajapaksa to Sri Lanka, MP Sanjeeva Edirimanna said. SLPP parliamentarians had met the President for an official discussion this evening (18) at the President’s Office. Expressing his views during […]

Courtesy Adaderana Police said that a total of 12 persons have been arrested so far following the protest by university students at Union Place in Colombo today (18). Eerier, police had said that 05 protesters including IUSF convenor Wasantha Mudalige, against whom an arrest warrant was pending, were arrested during the protest march in Colombo. […]

Courtesy Adaderana Minister of Power and Energy Kanchana Wijesekara has lodged a complaint with the Criminal Investigation Department (CID) today to investigate into the Ceylon Petroleum Cooperation (CPC) and Ceylon Petrol Storage Terminals (CPSTL) activities. In a tweet, the minister said he requested to investigate into the fuel procurement, evaluation of proposals, non-placement of orders, […]

Courtesy Adaderana Bloomberg Myanmar is set to join a growing list of developing countries that are warming up to Russian oil imports amid growing shortages across some of the most impoverished parts of Asia.  The military-led government bought Russian fuel oil and the cargoes will arrive in phases from September, said junta chief Min Aung […]

Courtesy Adaderana Nine petitions have been filed before the Supreme Court challenging the 22nd Amendment to the Constitution, Ada Derana reporter said. The relevant petitions were filed by nine citizens including the Secretary to the ‘Vinivida Peramuna’, Attorney-at-Law Nagananda Kodituwakku and Dr. Gunadasa Amarasekara. The Attorney General has been named as the respondent in the […]