- President Ranil Wickremesinghe announces that a foundation is presently being established to advance Sri Lanka’s economy to a global level over the next five years by implementing green economic policies.
- SL’s foreign reserves estimated US$ 1.7 billion as of September, 2022 increase by 23.5 per cent to US$ 2.1 billion as of February, 2023: Headline inflation previously recorded 94.9 per cent in September, 2022 drops to 60.1 per cent in January, 2023: Tourist arrivals surge by 261 per cent, rising to 107,639 in February, 2023 from 29,802 in September, 2022: State Finance Minister Ranjith Siyambalapitiya says the Rupee has strengthened due the ‘political stability’ and a ‘peaceful’ atmosphere established by the government: Despite the purported stability, the government is vehemently being criticised for the repressive measures it has taken against the Opposition and protesters, who are demanding the assurance of democracy.
- Chief Opposition Whip and SJB MP Lakshman Kiriella says the popularity of the government has dropped to 08 per cent as per the latest survey, and the government, therefore, is afraid of holding elections.
- The President’s Media Division says the government will be digitising investment information to facilitate easy access for investors and efficient use of state-owned land to boost agriculture, in a desperate bid to direct the cash strapped country towards the reawakening of investment promotion and development.
- Parliament to hold a two-day debate on the proposed postponement of the LG Polls as agreed during a special Party Leaders’ meeting hosted by Speaker Mahinda Yapa Abeywardena: The debate is scheduled for March 09 – 10.
- Reports storm that media giant Dilith Jayaweera is entering public politics; claim he has secured a registered political party previously owned by Hemakumara Nanayakkara for his future political journey: Jayaweera previously seen establishing a movement namely “Aramuna” and holding awareness campaigns on how to face the economic crisis.
- The Election Commission scheduled to meet today to discuss the problematic situation regarding the date of the LG Polls: Chief Nimal Punchihewa says its members M.M. Mohammed, S.B. Diyaratne and K.P.P. Pathirana will participate in the meeting.
- Child rights charity “Save the Children” says Sri Lanka’s economic meltdown has spiralled into a full-blown hunger crisis, with half of the families forced to reduce the amount they feed their children; warns the Sri Lankan government and the international community must act now to prevent the country’s children from “becoming a lost generation.”
- Media reports ‘heated exchange’ of words between the lawyers appearing for the plaintiff and the respondent in a case against State Minister Diana Gamage: A complaint urging a probe into her passport in question called in before the Colombo Magistrate Court: Police accused of ‘challenging’ the Magistrate’s request to proceed with an arrest by citing ‘lack of evidence’: Case adjourned by Colombo Chief Magistrate Prasanna Alwis.
- Expolanka Holdings says its latest acquisition of the Trans American Customhouse Brokers LLC and its related companies will help further consolidate its position in the key North American market: EFL Global LLC, a leading global supply chain and logistics solutions company owned by Expolanka, acquired 100 per cent equity interest in Trans American Customhouse Brokers LLC for a purchase consideration of US$ 42.5 million on a cash-free, debt-free basis.
