Defend Democracy Press Russia, together with BRICS countries, is working on creating its own payment system for the independent handling of all foreign trade, Russian President Vladimir Putin announced. In cooperation with BRICS countries, we are working on creating our own payment and settlement system, which will create conditions for the effective and independent servicing […]

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Chanaka Bandarage It is refreshing that the Japanese government has announced considering the grant of a soft loan to build the Light Rail system from Malabe to Colombo (Stage 1). Japan made the Light Rail offer to Bangladesh also. But, they requested for a Metro system and received it. An underground Metro rail system like […]

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Ada Derana

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Ceylon Treasury

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By Sugeeswara Senadhira/Ceylon Today Colombo, September 27: The ardent desire of the people of Sri Lanka for a change became evident from the phenomenal rise of Janatha Vimukthi Peramuna (JVP) led National People’s Power (NPP) from a ‘mere 3% to near 50%’ at the polling last Saturday enabling Anura Kumara Dissanayake to become the President. […]

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උපුටා ගැන්ම ලංකා සී නිව්ස් ජනාධිපති අනුර දිසානායක මහතාට තමන්ගේ වැඩපිළිවෙළක් නොමැති බවත් ඔහු කරන්නේ හිටපු ජනාධිපති රනිල් වික්‍රමසිංහ මහතාගේ වැඩපිළිවෙල ඉදිරියට ගෙන යාමක් බව හිටපු පාර්ලිමේන්තු මන්ත්‍රී නිමල් ලංසා මහතා සඳහන් කරයි. ජනාධිපතිවරයා විසින් අමාත්‍යංශ ලේකම්වරුන් ඇතුළු පත් කිරීම් සිදු කිරීමෙන් ඒ බව තේරුම් ගත හැකි බවද හෙතෙම කියා සිටියේය. කොළඹ පැවැති මාධ්‍ය හමුවකදී […]

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Courtesy The Daily Star Sri Lanka’s new president called on Wednesday for restarting talks with the IMF “immediately” over a $2.9 billion bailout that threw a lifeline to his bankrupt country but imposed painful austerity. Self-avowed Marxist Anura Kumara Dissanayake won a landslide last week promising to reverse steep tax hikes, raise public servant salaries […]

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Courtesy Caracal As anticipated, Sri Lanka’s newly elected president, Anura Kumara Dissanayake, took decisive action on Tuesday, dissolving parliament and announcing a date for a general election. According to a government gazette notification, parliamentary elections are set for November 14, with the newly elected assembly convening on November 21. This move is not merely procedural; […]

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Courtesy Hiru News Central Bank Governor Dr. Nandalal Weerasinghe stated that there will be no change in the decision to import vehicles. Speaking at a Central Bank news conference today, he confirmed that the bank holds sufficient cash reserves. He also announced plans to consolidate the policy interest rates into a single rate this year. […]

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