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Public trust in parliament and political parties reaches all time low: Survey

Mar 18 (DM) A recent survey conducted by the CPA has unearthed that public trust in parliament and political parties has reached an all time low, with parliament showing 22% public trust and political parties showing 19% trust. Survey, titled Survey on Democracy and Reconciliation in Sri Lanka, involved 1,350 participants across 25 districts in January, shedding light on declining trust in democratic institutions and shifting attitudes more..

Operation Yukthiya further in progress to minimize crimes in North: Tiran Alles

Mar 18 (AD) A programme has been held in Jaffna to raise awareness among the members of Community Policing Committees in Jaffna and Kankesanthurai Police Divisions. Around 2,000 community policing members from 431 Grama Niladhari Divisions of Jaffna and Kankesanthurai Police Divisions have participated in this occasion on Sunday, which was led by Minister Tiran Alles. Secretary to the Ministry of Public Security Viyani Gunathilaka and IGP Deshabandu Tennakoon also took part more..

El Nino phenomenon causing high temperatures, will continue till April

Mar 18 (DM) The El Nino phenomenon has caused an increase in the continuous dry weather situation in the country and it could continue till April, Meteorology Dept Director Genral Athula Karunanayaka said. He told the media that rain can be expected from next Thursday (21), Friday (22) and Saturday (23), but there will also be an increase in the heat. Rains can be expected in the Western, Southern and Uva Provinces. However, the rains will not be enough to reduce the hot conditions. more..

එදා ඡන්දෙ දීපු අයත් කූඩුවට යන්න!

Salary hike of CBSL: Can it be justified on grounds of financial performance and...

Mar 18 (FT) The salary hike of the Central Bank of SL (CBSL) has been questioned and challenged on several grounds including constitutional, legal, economic, financial, and ethics. However, one important dimension that has so far escaped attention and scrutiny is the nature and amount of profits or losses CBSL makes and its current financial position. Such a scrutiny is warranted because CBSL seems to believe that the profits generated, and contributions it made to more..

Demystification of the black box involving money creation by C.A. Abeysinghe

Mar 18 (FT) With the increased cost of printing, many writers have turned to publishing e-books. They have a better storage facility in the clouds and offer a wider outreach anytime in any part of the globe. Cost-wise also they are economical for both the writer and the reader. The latest to join this bandwagon has been the ex-central banker, C.A. Abeysinghe, who has released his e-book on Unveiling the Secrets: How money is created? recently. more..

New medical faculty: NSBM yet to submit application to SLMC

Mar 18 (TM) Despite a Cabinet decision last week stating that a private medical faculty will be established through the National School of Business Management (NSBM), the latter is yet to submit an application to the Sri Lanka Medical Council (SLMC) for approval to establish such a faculty. On 12 March, the Cabinet decision noted that the Cabinet of Ministers had approved a proposal to upgrade Homagama Base more..

Small elite group trying to stop the change: Harini Amarasuriya

Mar 18 (DM) Claiming that the change of power is not going to be easy, NPP MP Harini Amarasuriya said a small elite group is doing everything in their power to stop the change from happening. Speaking at the London women's convention, she said the small elite group has been in control of what has happened in Sri Lanka for the last 76 years. She said this small group will not give up easily, adding that people of Sri Lanka have now realized that they are stronger than all of them. more..

Let’s meet in court, JVP tells Rohitha

Mar 18 (Island) Former COPE Chairman Sunil Handunnetti said his party was ready to prove in court allegations against incumbent COPE Chairman, Rohitha Abeygunawardena. Handunnetti said that Abeygunawardena had threatened legal action against a statement JVP MP Vijitha Herath had made against him. “We accept the challenge and dare Abeygunawardena to go before the courts. We will get an opportunity to prove all allegations against him,” Handunnetti said. more..

AKD promises a multi-community govt

Mar 18 (FT) NPP Leader Anura Kumara Dissanayake over the weekend emphasised the importance of bringing together Tamil leaders who promote unity into the governance of the country. “There are Tamil leaders advocating for unity who are inclusive and free from extremism and racism. It's crucial to gather these voices. If there are instances of Tamil racism in the north, it's important to isolate those responsible and liberate more..

United Petroleum of Australia to enter retail market from mid-year

Mar 18 (FT) Minister Kanchana Wijesekera revealed that United Petroleum of Australia has finalised an agreement with the Power and Energy Ministry to venture into petroleum retail operations in SL. The announcement comes following last month’s signing of the agreement between the two parties. “They plan to sign the agreement with the BOI and obtain the license to operate by mid this year,” he said. Wijesekera said United Petroleum Group CFO Nigel Simonsz visited the Ministry more..

PMI signals growth in manufacturing and services in February

Mar 18 (FT) Sri Lanka Purchasing Managers’ Index for Manufacturing (PMI – Manufacturing) recorded an index value of 56 in February 2024, indicating an expansion in manufacturing activities. This improvement was attributable to the increases observed in all sub-indices. The expansion in new orders and production was largely driven by the manufacture of food and beverages. Many respondents mentioned that they are preparing for the upcoming festive demand. more..

හිරු ටීවී පත්තරේ විස්තරේ

Madushanka to miss rest of Bangladesh tour, initial stages of IPL 2024

Mar 18 (CI) Dilshan Madushanka, who left the field during Sri Lanka's second ODI against Bangladesh on Friday, has been ruled out of the remainder of the tour and is unlikely to play the first few matches of the IPL, where he is a part of Mumbai Indians. In a statement on Sunday morning, Sri Lanka Cricket said that an MRI scan has confirmed that Madushanka "has suffered a left hamstring injury", and he will "return [home] to start rehabilitation work". more..

Can Bangladesh's pace attack recapture old brilliance in a series decider?

Mar 18 (CI) Bangladesh's fast-bowling unit has the opportunity to stamp their authority in an important match on Monday. ODI series against SL is level at one-all in Chattogram, where the conditions have been stacked heavily against bowlers under lights. The dew has been omnipresent in both games, leading to the chasing side winning convincingly despite losing three wickets in the first powerplay. That will not be the case in the final ODI - a day game at Zahur Ahmed Chowdhury Stadium more..

CID arrests Immigration Deputy Controllers for issuing fake passports to criminals

Mar 18 (AD) A Deputy Controller of Immigration & Emigration and a former Deputy Controller have been arrested by the CID for providing passports based on false information to underworld figures Nuresh Supun Dayaratne alias Heenatiyana Mahesh and Shan Arosh Liyanage alias Mathugama Shan, police said today. One of the two arrested suspects is to be produced before the Vavuniya Magistrate’s Court more..

Operational inefficiencies halt Rs 249M Sahasara project

Mar 18 (CT) The Sahasara project, initiated by the Ministry of Transport in 2018, to provide an efficient and comfortable public transport service, to the commuters by the year 2022, had been halted midway due to operational inefficiencies, after spending Rs 249 million by the end of 2023. Of this Rs 249 million, Rs 181 million, accounting for 73%, was spent on administrative functions. Originally, an estimated Rs 26,860 million was earmarked for the project, from 2018 to 2023, more..

Finance Ministry revokes preferential treatment for SOEs and local companies

Mar 18 (ST) Finance Ministry has revoked the preferential treatment granted by the previous administration to state-owned enterprises (SOEs) and domestic companies when purchasing goods and services for the state sector. The ministry observes that the intended purpose was not served as “certain identified domestic manufacturing sectors have failed to deliver the desired results, and this has led to certain market failures”. (Market failure is inefficient distribution of goods & services). more..

මාතර තරුණ රැලිය: NPP Youth

Heat advisory issued for most parts of the island

Mar 18 (AD) Dept of Meteorology has issued a heat index advisory for North-western, North-central, Eastern, Western provinces and Monaragala, Mannar, Rathnapura and Vavuniya districts. Issued at 4 p.m. today (17), the advisory is valid for tomorrow (18). It states that the heat index, the temperature felt on human body is expected to increase up to Caution level at some places in North-western, North-central, Eastern, Western provinces and Monaragala, Mannar, more..

Sampath Bank in earnest discussions to launch green bonds

Mar 18 (ST) Sampath Bank, now steered by a new managing director, will be leveraging its strength in Renewable Energy financing and is discussing with institutional investors to launch green bonds. Sampath Bank started discussions with a few development financial institutions on green bond issuance and green credit lines a few months ago, Ayodhya Perera, MD, Sampath Bank said. “Sampath Bank has partnered in all large renewable energy projects in wind, solar, hydro etc. more..

Police collusion in organised crime: House cleaning begins?

Mar 18 (TM) Police Dept has initiated a special mechanism to identify the high-ranking Police officers within the dept who are in league with organised crime, IGP Deshabandu Tennakoon said. The new programme to vet senior Policemen for links with organised crime, including officers of the CID, is currently underway and, steps have been taken to take action against those officers implicated, the IGP stated. IGP said that several more..

Softlogic achieves turnaround

Mar 18 (FT) Showing signs of turnaround, Softlogic Holdings (SHL) has witnessed renewed business revival recording improved financial performance in core sectors in the third quarter of FY23 amidst on-going challenges. SHL saw a consolidated revenue growth of 4.2% to Rs. 75.6 Bn during the nine-month period under review while the quarter recorded a revenue growth of 9.3% to Rs. 27.6 Bn. During the cumulative period, Retail sector contributed 34% to Group revenue while more..

SL out to clinch series in today’s decider

Mar 18 (DN) We are going to do our best to win the final ODI today to clinch the series against Bangladesh said Sri Lanka skipper Kusal Mendis. After getting 3 wickets win with 17 balls to spare in the second ODI Sri Lanka team is very confident of overcoming Bangladesh in today’s game i which will start at 9 am and dew factor will not affect both teams and it’s going to be a good battle. However batsmen of both teams have a responsibility to make challenging total today while more..

After Adani gets 500 MW project, local RE companies seek equal treatment

Mar 18 (ST) With India’s Adani Green Energy Ltd (AGEL) securing 500 MW of wind power projects in the North, SL renewable energy (RE) companies are urging the govt to open up the sector through transparent, competitive tenders. Representatives of around 50 local RE companies met State Minister D.V. Chanaka this week and requested that he publicise all opportunities for investment so they could compete. more..

TN chief minister Stalin slams PM Modi over Katchatheevu issue

Mar 18 (AD) Tamil Nadu Chief Minister M. K. Stalin on Sunday accused Indian PM Narendra Modi of uttering a lie on the Katchatheevu issue to target the DMK and blamed him for staying silent over projects for the state. In a post on social media platform X, Stalin alleged that the Indian PM had blatantly lied in his rally at Kanyakumari on March 15 that Tamil Nadu fishermen are facing trouble from Sri Lanka only due to the past sin of the DMK. ‘‘Tamil Nadu people know the true history pretty well; more..

Ananda clinch P. de S. Kularatne Trophy after seven years

Mar 18 (DN) Ananda College led by Iruth Gimshan demonstrated exceptional team work defeating their traditional rivals Nalanda by five wickets in their limited-over encounter regaining the P. de S. Kularatne Memorial Trophy after seven years yesterday at the SSC grounds yesterday. Dinada Athalage who crafted a superb unbeaten knock of 70 while Kanchana de Livera who scored 55 were instrumental in reaching their target of 229 with 6.5 overs to spare. more..

මන්ත්‍රීලාට කුප්පියක්

Basil’s switcheroo and headless chicken

Mar 18 (Island) Founder of the SLPP and former Minister of Finance, Basil Rajapaksa, is doing a Pontius Pilate. Having returned from the US recently, he is now trying to wash his hands of the unforgivable sin of ruining the economy and inflicting untold suffering on the public. He is also playing the victim although he has not publicly subscribed to his sibling, former Prez Gotabaya Rajapaksa’s claim that the 2022 popular uprising, which led to his ouster, was the result of a conspiracy. more..

A Sri Lankan tragedy in Canada’s capital

Mar 18 (Island) Mass killings are rare in Canada and Sri Lankans living overseas have never been victims of mass killings anywhere. Both truisms were shattered last week when six Sri Lankans comprising four children, their mother, and a family friend were brutally killed by another SL teenager in Barrhaven, Ottawa. All of them had migrated to Canada within the last four years, intended beneficiaries of Canada’s immigration expansion program, especially its large intakes of int'l more..

Hasaranga’s rollercoaster journey as a bowler

Mar 18 (ST) Wanindu Hasaranga on Friday delivered an impressive performance, claiming figures of 4 for 45 in the ODI match against Bangladesh. This was his best bowling performance in ODIs against Bangladesh, contributing significantly to SL’s victory in a closely contested game that leveled the ongoing three-match series. It was a remarkable turnaround for Hasaranga, who had previously gone wicketless and more..

Sri Lanka offers its rugby to India spurred on by cricket take over

Mar 18 (SO) With India stretching its limbs far and wide in the island, SL wants its giant neighbour to play a frontal role in the affairs of two more spectator sports, rugby and football that are having fluctuating fortunes and got into the bad books of their global keepers. The invitation to the Indians to do what they were doing for cricket was extended by none other than Sports Minister Harin Fernando. “I like to say to all our investors and owners of LPL (Lanka Premier League) teams to more..

Transitional justice which brings no relief to victims insults the rule of law

Mar 18 (ST) As familiar wrangling in Geneva takes place over the review of SL by the UNHRC, there is an eminently sound argument to be made, (ad nauseam until the point is acknowledged) that the country’s many ineffective bodies on transitional justice established to meet international scrutiny actually harm the Rule of Law. That harm occurs through repetitive mandates that overlap with each other with the State expending vast amounts of resources on institutions that go nowhere and more..

රටම කළඹපු නැකැත් පත

Basil’s Sirasa interview riddle

Mar 18 (Island) Days after Basil Rajapaksa’s return to SL after his sojourn in the U.S. where he enjoys citizenship, the SLPP’s national organizer figured in a television talk show. Here he clearly expressed the opinion that Ranil Wickremesinghe is the best man to take this country forward but did not indicate whether it was a personal viewpoint or that of the SLPP. Nor did he say his party would back RW’s candidature. He also said that preferably, parliamentary election that is due next year more..

Elections & The Economy

Mar 18 (CT) Election fever is gripping SL. It appears that a General Election could precede the Prez Election mainly because of Ranil Wickremesinghe’s (RW) rising unpopularity largely due to his IMF led economic recovery path. IMF for its part has no choice but to slow down its program after completing its second review, because election fever demands more time and energy from MPs outside the legislature than inside, and consequently it would not be possible for the parliament to pass more..

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