Kerala ganja worth over Rs. 30 million seized in Jaffna

China seeks clarity from ex-President on opposition to deal

China has sought clarity from former President Mahinda Rajapaksa on his opposition to the Hambantota deal. The Chinese Ambassador to Sri Lanka, Yi Xianliang, met Rajapaksa today and discuss matters related to the Hambantota port and investment zone. The meeting took place at Rajapaksa’s official residence and Rajapaksa’s office said that he informed the Chinese envoy the opposition cannot agree to the proposal to allocate 15,000 acres of land in Hambantota to a foreign country. China is fundi

10 Jan, 2017

Ravi K selected Finance Minister of the Year, Asia-Pacific

Finance Minister Ravi Karunanayake has been selected the Finance Minister of the Year for Asia-Pacific by the prestigious ‘The Banker’ magazine for his efforts to steer Sri Lanka into a new era of economic reform and a change of mindset. The Banker says Karunanayake secured a $1.5bn International Monetary Fund (IMF) loan programme that the country needed to avoid a balance of payments crisis, replenish reserves and rebuild confidence among international investors. ?We were not desperate to go

09 Jan, 2017

New module in universities to promote reconciliation

The Office for National Unity and Reconciliation (ONUR) and the University Grants Commission today announced long term programmes and the?introduction of a new module in universities to promote reconciliation. ONUR chairperson, former President Chandrika Kumaratunga said that recent incidents at universities in the North, East and South were as a result of some university children being educated in schools which focus purely on one religion. She said that when children grow up while being segr

10 Jan, 2017