MR outlines issues of proposed Hambantota port deal

Since the future of the Hambantota port is now under discussion, I wish to explain to the public, my position on this matter. The loans taken for the construction of this harbour were 450 million USD for the first phase, 70 million USD for the bunkering facility and 802 million USD for the second phase […]

2017 will be decisive for Sri Lanka: Mahinda Rajapaksa

2017 will be the year in which the future of Sri Lanka will be decided. The government’s devolution package to divide the country into what they call ‘distinct spheres of authority’, the ETCA with India to open up Sri Lanka to Indian service providers and workers, the privatisation of the Hambantota harbour and other government […]

‘s Mahinda Rajapaksa opposes land for Chinese investment

Dec 29, 2016 (Reuters) – Sri Lanka’s former leader Mahinda Rajapaksa on Thursday criticised a government plan to grant 15,000 acres for Chinese investment in his constituency, saying it will deprive people of agricultural land. Rajapaksa, chided by the West and India for his close relations with China during his rule, is now agitating against […]

Southern & Sabaragamuwa PCs defeat controversial bill of development

Dec 27, 2016 (LBO) – Sri Lanka’s Southern Provincial Council and Sabaragamuwa Provincial Council today morning defeated the Development Special Provisions Draft Bill. 33 Provincial Council members voted against the bill while only 14 voted in favor in the Southern Provincial Council, while 20 voted against and 13 voted in favor in the Sabaragamuwa Provincial […]

JVP leader Anura Kumara tops most active MP rankings: Manthri.lk

Dec 21, 2016 (LBO) – Sri Lanka’s Marxist JVP leader Anura Kumara Dissanayake has topped the most active Parliamentarians ranking of the year, a list compiled by manthri.lk website showed. The website launched in 2013 by Verité Research tracks and ranks parliament representatives in order of their performance. As per the data analyzed using the […]

Clinton pressured IMF to not give loans to Sri Lanka: Min Amunugama

Dec 07, 2016 (LBO) – Sri Lanka’s Special Assignments Minister Sarath Amunugama today revealed that Hillary Clinton forced IMF not to approve a loan facility to Sri Lanka when she was working as the US secretary of state. Minister Amunugama told Parliament today that the defeat of Hillary Clinton at the recent Presidential Election should […]

Sri Lanka spends Rs17mn monthly on Hambantota Conference Hall

Oct 25, 2016 (LBO) – Sri Lanka’s Urban Development Authority is spending 17 million rupees monthly just to maintain Magam Ruhunupura International Conference Hall (MRICH), a senior minister said. Megapolis Minister Champika Ranawaka speaking at a function said they are not getting anything in return as it is not being used. The conference hall was […]

UN official urges Sri Lanka to take stronger measures to protect minorities

Oct 20, 2016 (Reuters) – Sri Lanka’s government must “clearly demonstrate” its political will and commitment to better protect the Indian Ocean island’s minorities by taking urgent steps to resolve post-war issues, a United Nations rights expert said on Thursday. Since the end of a 26-year war in May 2009, successive Sri Lankan governments have […]

‘s criticism

(Reuters) – The head of Sri Lanka’s anti-corruption body resigned on Monday, government officials said, days after President Maithripala Sirisena implied her agency was favoring the rival party of his prime minister. Dilrukshi Wickramasinghe has headed probes into alleged corruption involving top officials in the former government of ex-president Mahinda Rajapaksa, including his brothers, son […]

Gammanpila’s secret may delay Sri Lanka’s VAT hike again

Oct 12, 2016 (LBO) – Sri Lanka’s joint opposition Parliamentarian Udaya Gammanpila says he is aware of a reason that will require the government to present the much delayed VAT bill to Parliament once again. Gammanpila told reporters yesterday that he will reveal the secret when the Supreme Court considers his petition filed against the proposed VAT […]

I am determined to alleviate poverty: President Sirisena at UNGA

Sept 22, 2016 (LBO) – Sri Lanka’s President Maithripala Sirisena says he established the rule of law and restored democratic rights of the country by ending fear. Addressing the 71st session of the United Nations General Assembly he said the world today is full of hate, violence and fear. “Before I came to power, people […]

Page 26 of 219