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සටන: වත්මන් දේශපාලන තත්ත්වය

90th Battle of the Saints at SSC: Petes to pose a formidable challenge for Joes

Mar 21 (DN) St. Joseph’s College Maradana and St. Peter’s College Bambalapitiya two traditional rivals once again will meet in their 90th Battle of the Saints big match which is scheduled to be played on March 22 and 23 at the SSC, starting from 9.45a.m. Out of the 89 big matches fought for the Rev. Fr. Maurice Le Goc Memorial Trophy, the Josephians lead the tally with 12 wins while St Peter’s have recorded 10 wins. St Peter’s having good cricketing history and has produced top cricketers more..

MSMEs meet IMF, commend multilateral donor for dialogue on economic crisis impact

Mar 21 (FT) Key representatives of Micro, Small, and Medium Enterprises (MSMEs) across the country expressed appreciation for the International Monetary Fund (IMF) for engaging in discussions concerning the economic crisis and its potential effects on the sector’s future growth. In a rare opportunity, amidst what some perceive as indifference from the country’s Central Bank and other authorities, MSMEs welcomed the chance to address their concerns with IMF officials. more..

US backs SL’s request for stay proceedings extension in case filed by HRB

Mar 21 (FT) US Govt has endorsed SL’s request for an additional 5-month extension of proceedings. Applauding SL’s efforts in its debt restructuring program and the strides made, the US views an extended stay as a reasonable measure aligned with US policy. In a letter addressed to US District Judge Denise L. Cote, the Dept of Justice affirmed SL’s strategic importance as a key partner in the Indo-Pacific region more..

Harpo goes global with first restaurant in India

Mar 21 (FT) Harpo's Cafes and Restaurants, with 19 years of experience in SL's hospitality industry, has extended its reach to Bangalore, India. As a quintessentially SL brand, Harpo’s is thrilled to introduce the vibrant flavors of SL cuisine to the Indian market through Salone Ceylon. Salone Ceylon showcases authentic SL dishes crafted by a team of SL chefs and management, ensuring the true essence of the cuisine. Menu offers a blend of traditional favorites & contemporary more..

SC Securities terms Expolanka exit offer at Rs. 185 favourable

Mar 21 (FT) Leading stock broker SC Securities is recommending the Expolanka Holdings Plc exit offer at Rs. 185 per share as favourable. “The Exit Offer of LKR 185 per share for EXPO provides a sizable premium to our fair value estimate of LKR 160,” SC Securities said in a research note. On March 1st 2024, EXPO made an announcement that its Board of Directors had resolved to de-list the ordinary voting shares of the company from the Colombo Stock Exchange (CSE). more..

SLC says no loopholes used to keep Hasaranga T20 World Cup-ready

Mar 21 (CI) Wanindu Hasaranga's surprise return from retirement to the SL Test side was not a ploy to avoid the legspinner missing T20 World Cup games later this year, according to SLC. Hasaranga was suspended from international cricket after stacking up demerit points for showing dissent against an umpiring decision in Sri Lanka's defeat to Bangladesh on March 18. But immediately after the game and more..

Murtaza Jafferjee says Expo exit offer is extremely generous

Mar 21 (FT) JB Securities Managing Director Murtaza Jafferjee, CFA declared that the exit price on Expolanka Holdings Plc is extremely generous. His assessment is cited in the JB Securities research note on Expolanka Holdings›s de-listing offer to minority shareholders at Rs. 185 per share. As per JB Securities› prognosis, the loss-making Expolanka’s actual share value is between Rs. 44 and Rs. 66. Among key pointers listed by JB Securities were Expo’s comparator set more..

Court of Appeal grants Interim Order against UDA and On’ally Holdings

Mar 21 (FT) The Court of Appeal granted an Interim Order suspending the Order given by the Commercial High Court of Colombo dated 15 Feb 2024 restraining Urban Development Authority (UDA) On’ally Holdings from interfering with the voting rights and other shareholder rights held by the majority shareholder, Lanka Reality Investment in On’ally Holdings, in any manner whatsoever. Lanka Reality Investment, the Petitioner submitted through the Petition to the Court of Appeal more..

පව් නොදී ඉල්ලා අස්වෙයන්...!

Cleantech partners with CodeGen for e-waste disposal

Mar 21 (ST) Cleantech (Pvt) Ltd, Sri Lanka’s leading provider of integrated waste management solutions, recently announced its partnership with CodeGen International for the responsible disposal of electronic waste (e-waste) for companies Vega Innovations, Codegen, Elektrateq, and Voltmotive. It reinforces Cleantech’s commitment to offering environmentally friendly solutions for the IT industry and its ongoing pursuit of a more sustainable future for Sri Lanka, more..

Trees are as close to immortality as the rest of us ever come

Mar 21 (DM) While Prez Ranil Wickremesinghe and the SLPP govt are focusing on elections amidst controversy and confusion over whether the General Election will be held before the Prez Election or the Executive Presidential system should be scrapped as the then-Prez candidate Chandrika Kumaratunga promised to do so but never did, the govt and the people need to focus more on vital issues such as the forests. Today, the UN marks the International Day of Forests. more..

Oddamawadi solar power plant: Tender procedures violated; CEB will lose Rs. 1.39 b

Mar 21 (ST) A 100 MW solar power plant at Oddamawadi in Batticaloa has been approved, disregarding the Procurement Committee’s (PC) recommendation that a unit of power should be bought for USD 6.66 cents. Instead, a unit will be bought at USD 8.75 cents. The solar power plant contract will be awarded to Solar Forge Batticaloa based on a decision made by the Cabinet last week. The Sunday Times learns that due to more..

Gotabaya: Only Ranil could have restored law and order

Mar 21 (Island) By the time Prez Gotabaya Rajapaksa had arrived in Singapore in the second week of July 2022, a few days after fleeing SL, he firmly believed that then PM Ranil Wickremesinghe was the only person capable of restoring the rule of law in the country. In the chapter titled The Politics of Regime Change in the recently launched The Conspiracy that dealt with the circumstances leading to his ouster in July, 2022, Gotabaya Rajapaksa concedes recognizing the UNP leader as more..

May be Akon can teach politicians lessons on being irresponsible

Mar 21 (DM) Two appointments for top state positions have been challenged; one in a court of law and the other in Parliament. One is the appointment of Deshabandu Tennakoon as IGP, which is challenged in Supreme Court by the Anti-corruption Unit of the SJB. The other is the appointment of politician Rohitha Abegunawardhana as the COPE Chairman against which MP Lakshman Kiriella has tabled a motion of no confidence to the Speaker, citing that the former’s more..

Dayasiri Jayasekara

The house of cards need reform

Mar 21 (TM) With the eyes of the nation focused on Parliament, the no confidence motion (NCM) against the Speaker of the house, progresses. Govt's frenzy to defend the Speaker and the Opposition’s efforts to dethrone him makes for good theatre, for those who observe it. However, to the keen observer, it is clear that the house, SL’s arena of law making, has returned to its traditional culture of being more about political survival than the progression of the nation. Gone are calls for collective action, more..

Becoming a laughing stock, again?

Mar 21 (CT) Sri Lanka has never lacked the attention of the international community, very often it gets featured in int'l media and indeed, it has been the subject of much talk worldwide. But it is very rarely that the reason behind is something good, unfortunately. It is really hurtful to recollect how many times the nation has been portrayed as a caricature in the global arena. And now, here is a new addition to the list; once again the international media has turned their cameras more..

Sri Lanka Railways: Derailed by decades of incompetence

Mar 21 (TM) As Sri Lankan commuters endure persistent train delays and inadequate facilities, it has become evident that the railway system reflects governmental incompetence over the course of many decades. In a significant revelation, National Audit Office (NAO) has brought to light a multitude of issues, exposing a tangled web of mismanagement, dubious procurement practices, and widespread corruption. more..

Toothless lions: The erosion of Parliamentary Committees

Mar 21 (CT) The mass resignation, starting with SJB MP Eran Wickramaratne’s departure from the COPE, sheds glaring light on the ailing state of oversight mechanisms within our parliamentary system. The departure of these MPs highlights the festering issues plaguing these committees, which are meant to serve as watchdogs over public finances and governance. At the heart of Wickramaratne’s resignation lies a deep-seated concern over the erosion of COPE’s efficacy. more..

Ranil’s Presidency & The TNA’s dilemma

Mar 21 (CT) Prior to Ceylon gaining Independence, Ceylon Tamils, firstly led by the Ramanathan brothers and later by G G Ponnambalam, would never have dreamed of an Executive Presidency as the head of the govt machinery. They were all well-cushioned in the comfort of the British Westminster system of governance in which they would have stood a chance to be part of the decisive bloc in the formation of a coalition govt in the event the winning Party did not secure an absolute majority more..

'Absolute power corrupts'

Mar 21 (DM) SLPP stalwart Basil Rajapaksa, who recently returned to the country in time to face a possible election heat, in an interview with the Daily Mirror said that following the collapse of the Gotabaya Rajapaksa Govt, he and his brother Gotabaya do not get into each other’s way. Basil also said that he had requested from Prez Ranil Wickremesinghe not to deal with SLPP members individually bypassing the party hierarchy. more..

Be prepared

Mar 21 (ST) Come Au–Sept 2024, songs like this Desmond de Silva classic will fill the election campaign trail. Here is a sample verse: Sumihiri paane padamata gahala; Heta marunath hithata sepai ada joli karala; Noka nobi looba kamata wasthu soyanne; Maruna data copen eke api nidiyanne; Hodata joli karapan…. Take some liquor to the right level; Even if I die tomorrow, I will be happy if I am able to have a jolly good time today /Even if you amass wealth without eating or more..

Editorial: Another Trojan horse?

Mar 21 (Island) SLPP-UNP govt has suddenly woken up to the need to reform the parliamentary election system. The Cabinet has approved a proposal to that effect. This move has raised many an eyebrow because it has come ahead of the next presidential election due in six or seven months, and amidst speculation that a general election is likely to be conducted either before or immediately after the presidential contest. Election monitors and the Opposition have expressed fear that more..

මෙන්න නියම කුමන්ත්‍රණ

Viyath Maga member behind move to stop Adani group’s wind power project: Minister

Mar 20 (DM) A member of Viyath Maga who is now working with Opposition Leader Sajith Premadasa is behind the move to prevent the implementation of the Adani Group’s wind power project, Minister Kanchana Wijesekera said. Responding to a question raised by the Leader of the Opposition, Minister said former member of Viyath Maga Rohan Pethiyagoda is one of the persons who has come out against the proposed wind power project. “Professor Pethiyagoda is an advisor to more..

Update on Sri Lankans in Haiti amidst escalation of violence

Mar 20 (AD) Ministry of Foreign Affairs says it is closely following the prevailing situation in Haiti where the citizens are reeling from the spiral of violence that erupted after armed gangs took control of the capital city Port-au-Prince and other areas. The ministry asserted that it is in contact with companies operating in Haiti employing SL nationals. “The companies have confirmed that the [Sri Lankan] nationals are safe and away from the areas where there is ongoing unrest.” more..

Sri Lanka allows foreign ships to restock at its ports after China protest

Mar 20 (NDTV) Ministry of Foreign Affairs says it is closely following the prevailing situation in Haiti where the citizens are reeling from the spiral of violence that erupted after armed gangs took control of the capital city Port-au-Prince and other areas. The ministry asserted that it is in contact with companies operating in Haiti employing SL nationals. “The companies have confirmed that the [SL] nationals are safe and away from more..

Cabinet nod to introduce hybrid parliamentary electoral system

Mar 20 (DM) Cabinet endorsed a proposal to draft constitutional amendments for the introduction of a new parliamentary electoral system that will enable the election of 160 MPs under the previous First-Past-the –Post System and the remainder under proportional representation, Daily Mirror learns. Currently, Parliament consists of 225 MPs. Minister Wijeyadasa Rajapakshe presented the proposal approved by the Cabinet. A new piece of legislation will be drafted for enactment by Parliament more..

33 including FSP’s Duminda Nagamuwa and Lahiru Weerasekara arrested during protest

Mar 20 (AD) A total of 33 individuals have been arrested during the protest staged by the Jana Aragala Viyaparaya in Pettah today, DIG Nihal Thalduwa said. 29 persons including 02 Buddhist monks and 03 females have been arrested during the protest staged by the Jana Aragala Viyaparaya in Pettah today (20), police said. It is reported that FSP activist Duminda Nagamuwa and youth activist Lahiru Weerasekara are among those arrested during the protest. more..

SL authorities detain Hindu worshippers

Mar 20 (HRW) Eight Tamil Hindu worshippers arrested by SL police while engaging in festival rituals last week were detained for more than 10 days and allegedly abused. A magistrate released them on March 19. In recent years, SL govt authorities and nationalist Sinhala Buddhist monks have been targeting Hindu as well as Muslim religious sites in the country’s north and east in violation of the right to freedom of religion and more..

What Gota did not tell

Mar 20 (FT) Sri Lanka is grappling to balance between the reforms required to extricate the country out of its economic collapse whilst ensuring minimum disruption to households, but the data does not reflect the same. Seven million people are in poverty as per research by LIRNEasia. According to the Dept of Census & Statistics, 53% of children’s education is disrupted with 44% of them struggling to buy their stationary, whilst 108,330 micro and small enterprises have shut down. more..

How Wanindu Hasaranga’s Test retirement U-turn and...

Mar 20 (Wisden) Less renowned are his skills with the red ball. Up until his retirement from the format at the age of 26 last August, he had played four Tests, averaged north of 100 with the ball, and made one fifty. Calling it quits was less about him turning his back on the game’s traditions than it was him and Sri Lanka sensibly agreeing that he was better off not bothering. Hasaranga missed the inaugural season of Major League Cricket due to attending a Test camp for a series more..

Anura Kumara Dissanayaka

Three underworld gang members arrested during special operation

Mar 20 (DM) Three members of underworld gangs were arrested during a special operation launched yesterday to crack down on organized criminal activities. In response to a concerning increase in organized criminal activities in the Western and Southern Provinces, a special operation targeting 20 identified organized criminal gangs in the country was launched under the Yukthiya initiative yesterday. As part of this operation, 20 special police teams have been deployed to crackdown on more..

Govt ready to make ongoing economic reforms a law – State Minister tells IMF

Mar 20 (AD) State Minister Shehan Semasinghe has assured that the economic reforms being implemented will not be disrupted by the coming elections and that the govt is ready to make the ongoing reforms a law of the country. The State Minister had stated this during a discussion with the IMF’s Executive Director for India, SL, Bangladesh and Bhutan, Prof. Krishnamurthy V. Subramanian. “During the discussion, ensured that the reforms implemented will not be disrupted with more..

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