Railway trade unions decide to go on strike as talks fail

Finance Minister presents 2022 budget in Parliament

Finance Minister Basil Rajapaksa presented the 2022 budget in Parliament today. President Gotabaya Rajapaksa was also in Parliament when the budget was presented. This is Basil Rajapaksa’s first budget speech as Finance Minister. This is the 76th budget of independent Sri Lanka and the second budget of the government of President Gotabaya Rajapaksa. (Colombo Gazette) CLICK HERE FOR FULL BUDGET PROPOSALS?   1 of 7

12 Nov, 2021

Chinese arms to Dhaka fail quality and longevity tests

China is trying to emerge as a key defence exporter to certain Sough Asian and Southeast Asian countries in India’s neighborhood, but is supplies to the Bangladesh armed forces have raised questions over the quality and longevity of the products. Defects have been detected in the newly inducted frigate for the Bangladesh Navy besides basic trainer aircraft and K-8 aircraft for the Bangladesh Air Forece and short-range air difence system for the Bangladesh military, Economic Times has gathered.Th

13 Nov, 2021

China’s Communist Party passes resolution amplifying President Xi’s authority

China’s ruling Communist Party approved a rare resolution on Thursday elevating President Xi Jinping’s status in its history, in a move seen as consolidating his authority and likelihood of securing an unprecedented third leadership term next year. The resolution on the party’s “achievements and historical experiences” since its founding 100 years ago was passed at the end of a four-day, closed-door meeting of more than 300 top leaders on its Central Committee, state media reported. It puts Xi

13 Nov, 2021