Tag: Sri Lanka

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Formation of a non-partisan government: Sajith responds to Ranil’s invitation

Opposition Leader Sajith Premadasa has responded to a written invitation from Prime Minister Ranil Wickremesinghe to form a non-partisan government that goes beyond traditional...

President asks IGP to resign

It is reported that President Gotabhaya Rajapaksa has asked IGP C.D. Wickramaratne to resign. This was stated at a meeting held yesterday (14) with a...

SL compels to commit “hard default on US$ 78 million ISB Coupon payment     

Sri Lanka is likely to commit “hard default” as opposed to pre-emptive negotiated avoidance as the International Sovereign Bonds (ISB) Coupon payment is due...

Sri Lanka Telecom records Rs 26 billion revenue growth in Q1 2022  

Sri Lanka Telecom Group (SLT Group), the National ICT Solutions Provider, recorded a consolidated revenue growth of 5.4% to Rs 26 Bn in Q1...

SLTDA to lease out  Uchchamunai Island for a tourist hotel project 

The Uchchamunai Island in question has not been sold and a lease agreement was signed for a period of 30 years to a foreign investor in...

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Turning Point: The Colombo Coup—Town Hall in Turmoil

By Faraz Shauketaly They say if you want to see...

Treasury Autonomy Essential to Prevent Next Debt Default

Sri Lanka’s reserve management is at a critical juncture....

Talk Without Action Fuels Colombo Port Container Crisis

The continuing congestion of over 13,000 containers at the...

Climate Shock Meets Institutional Failure in Post-Ditwah Sri Lanka

Cyclone Ditwah did not merely flood towns and uproot...

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