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Santhoshpuram Tribals Lose Their Homes Due to Solar Power Project Solar Power Project
The East Coast Sea Aborigines are a marginalized group living along the coastline from Muthur in Trincomalee to Vakarai in Batticaloa. Following military conflicts in the area, particularly the Mavilaru humanitarian operation in 2006, many people from villages, including Santhoshpuram, were forced to leave. When they returned in 2009, the government allocated 200 acres of…
President Ranil reveals why he chose ‘Gas Cylinder’ as symbol instead of ‘Elephant’
President Ranil Wickremesinghe emphasized that even if he successfully resolves the economic crisis that others have failed to address, the country’s economy will collapse again if the necessary economic transformations are interrupted midway. He urged citizens to carefully consider their future when making decisions in the upcoming presidential election. The President made these remarks during…
Political Uncertainty Will Undermine Economic Recovery
The issue of the proposed 22nd Amendment to the constitution which cast doubt about the holding of the presidential election in view of its requirement of a referendum and focus on the length of the president’s term of office has hopefully been dealt with. In his recent speech while opening the judicial complex in Galle,…
Dry weather till mid-April: Avoid being dehydrated
Sri Lanka can expect significant rain only in mid-April, Director General of Meteorology, Athula Karunanayake, has said. The Met Chief said yesterday that the prevailing high temperatures would persist until mid-April. Karunanayake warned that children, athletes, military personnel, labourers, and others exposed to the sun must be vigilant against life-threatening dehydration. There might be slight…
Sri Lanka Central Bank Cuts Interest Rates to Spur Economic Growth Amid Recovery Efforts
In a move aimed at bolstering economic growth, the Central Bank of Sri Lanka (CBSL) has cut interest rates by 25 basis points. This decision, announced on July 24, reduces the Standing Deposit Facility Rate to 8.25% and the Standing Lending Facility Rate to 9.25%. The central bank’s move is intended to sustain the revival…