Archive for February 3rd, 2024

Of Elections, Bond scams, and Money Politics:  The Anatomy of Default @ 75

Saturday, February 3rd, 2024

Darini Rajasingham-Senanayake With the wisdom of hindsight, the Root Causes of Sri Lanka’s first Sovereign Default, staged three years ago on the eve of 75 years of ‘Independence’ from the British Raj are clearly discernible. Back in March 2021 when the default happened there was too much Aragalaya hype and confusion to discern the deep […]

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The Yodha Ela- Jaya Ganga

Saturday, February 3rd, 2024

By Garvin Karunaratne In the Fifth Century we built Yodha Ela in Anuradhapura District at a gradient of five inches in a mile. Today, we are begging for dollars from the IMF. Our leaders were fooled by the IMF and A country that was never in Debt, got weaned to live on loans and handouts . Our […]

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All PRIME MINISRTERS SOUGHT THEM ACCORDING TO THEIR OWN PRINCIPLES

Saturday, February 3rd, 2024

By Dr. Tilak S. Fernando Since Independence was sought on 4th February 1948, without shedding a single blood drop, the first Prime Minister was chosen by the Colonials as the as Right Honorable D.S. Senanayake.  He was the Prime Minster from 24 September 1947 till 22 of March 1952 when he had an accident and […]

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ජනාධිපති ඇතුළු කැබිනට් මණ්ඩලයම අධිකරණයට කැදවන්නැයි කෙහෙලියගේ නීතීඥ අධිකරණයෙන් ඉල්ලයි..

Saturday, February 3rd, 2024

උපුටා ගැන්ම ලංකා සී නිව්ස් ආන්දෝලනාත්මක එන්නත් ගනුදෙනුව සම්බන්ධයෙන් වන නීති කෘත්‍යට මුළු කැබිනට් මණ්ඩලයම අධිකරණයට කැඳවා සාක්‍ෂි ගත යුතු බවට ජනාධිපති නීතිඥ අනූජ පේ‍්‍රමරත්න මහතා ඉල්ලා සිටියි. ඔහු මෙසේ කියා සිටියේ අත්අඩංගුවට ගන්නා ලද හිටපු සෞඛ්‍ය අමාත්‍ය වත්මන් පරිසර ඇමති කෙහෙළියට මහතා වෙනුවෙන් මාලිගාකන්ද මහේස්ත්‍රාත් අධිකරණය හමුවේ කරුණු ඉදිරිපත් කරමිනි. ප‍්‍රශ්නගත ප්‍රතිදේහ එන්නත් ආනයනය […]

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Sri Lanka paid $465,000 for life-saving drugs that turned out to be mostly water

Saturday, February 3rd, 2024

Courtesy Times Malta Former health minister detained over fake medicines scandalWorldSri LankaHealth Former Sri Lankan health minister Keheliya Rambukwella is being investigated in connection with the scam. Photo: AFP A Sri Lankan court remanded a senior cabinet minister in custody Saturday over the purchase of fake medicines for state hospitals when he was in charge […]

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Sri Lanka, Thailand sign historic Free Trade Agreement

Saturday, February 3rd, 2024

Courtesy Adaderana In Sri Lanka’s pursuit of transforming into a high-income country by 2048 involving trade negotiations with countries like Thailand, the Sri Lanka Thailand Free Trade Agreement (SLTFTA), was signed, during the visit of Thai Prime Minister Srettha Thavisin and his delegation of business dignitaries today (03) at the Presidential Secretariat. This move aims […]

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Sri Lanka, Thailand to boost defence and security cooperation to curb transnational crimes

Saturday, February 3rd, 2024

Courtesy Adaderana In a gesture of warm hospitality, President Ranil Wickremesinghe extended a cordial welcome to the distinguished Prime Minister of the Kingdom of Thailand, Srettha Thavisin, and the accompanying official delegation at the Presidential Secretariat this afternoon (Feb.03). After the gracious reception by the Sri Lankan leader, a formal ceremony unfolded, with the Chief […]

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Sri Lanka’s trade deficit dropped to lowest in 2023 after 13 years – CBSL

Saturday, February 3rd, 2024

Courtesy Adaderana The Central Bank of Sri Lanka (CBSL) says that the cumulative deficit in Sri Lanka’s trade account narrowed to USD 4.9 billion from USD 5.2 billion within last year, the lowest recorded since 2010.  However, the CBSL also stated that the country’s trade deficit widened in December 2023 compared to the trade deficit […]

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Blueprint for Sri Lanka-Thailand Partnership unveiled

Saturday, February 3rd, 2024

Courtesy Hiru News In a significant development, President Ranil Wickremesinghe addressed the Thailand-Sri Lanka Business Forum at the Kingsbury Hotel, highlighting the auspicious timing of the event. The President announced the signing of a ground-breaking free trade agreement (FTA) between Sri Lanka and Thailand, marking the second FTA with an ASEAN country. President Wickremesinghe emphasized […]

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