Instead of credit lines, India pushing for projects here
Category: Featured
Immigration issues first-ever ‘Golden Paradise’ long-term visa
Immigration issues first-ever ‘Golden Paradise’ long-term visa The Department of Immigration and Emigration has issued the first-ever ‘Golden Paradise Visa’ to Chai Yin Man from China for five years. Man, is the Director of Baili Investments Lanka Ltd., a Board of Investment (BOI) approved Chinese company working on a 1,200-unit luxury apartment complex project in Rajagiriya with an investment of $ 60 million (over Rs. 22 billion). The long-term residence visa issuance initiative was introduced last month in a bid to attract foreign inflows and boost foreign direct investments (FDIs).…
Read MoreSri Lanka makes compelling case for more Indian support
Officials delegation led by Foreign Secretary Vinay Kwatra holds talks with President and Prime Minister as SL seeks nearly $ 1 b additional financing President and PM’s offices say India assures fullest support to resolve Lankan crisis Promoting India-Sri Lanka investment partnership including in the fields of infrastructure, connectivity, renewable energy and deepening economic linkages between the two countries discussed Indian team underscores unprecedented recent economic, financial and humanitarian assistance of over $ 3.5 b to SL guided by ‘Neighbourhood First’ policy and Security and Growth for All in South…
Read MoreUN Human Rights Council 50: Core Group statement on Sri Lanka
Thank you Mr President This statement is by the Sri Lanka Core Group comprising Canada, Germany, Malawi, Montenegro, North Macedonia, the UK and the United States. We recognise the significant challenges that Sri Lanka has been facing over recent months, causing great hardship for the Sri Lankan people. We note that protesters, have exercised their rights to freedom of peaceful assembly and association, and freedom of expression in recent months. We are deeply concerned by violent attacks on peaceful protestors and subsequent violence against government-aligned politicians and supporters. Those responsible…
Read MoreFarmers pining for fertiliser, while private urea sells for Rs 35,000
Reserves of rice will run out by September and farmers are still waiting in particular for urea distribution from the government, while private imports are being sold at exorbitant prices. Farmers who have yet to get chemical fertiliser or fuel from the government, will be cultivating fewer hectares during the Yala season. Agriculture Minister Mahinda Amaraweera told the Sunday Times that after negotiations with India, supplies are expected, but he could not immediately confirm a date. He is confident stocks will arrive. On Tuesday he appealed to Sri Lankans to grow alternative…
Read MoreFresh boost for SL-China ties
Fresh boost for SL-China ties SL asks China for debt rescheduling, tourists via bio-bubble, concessional trade credit scheme Foreign Minister Wang Yi calls on President, PM Greater market access for Lankan exports; attracting more Chinese investments to Port City and Hambantota industrial zone discussed Two leaders open Port City Marina Promenade, witness Sino-Lanka sailing competition Two countries ink new deals for technical cooperation on health, low-cost housing in Colombo Sri Lanka and China yesterday saw a fresh fillip to its strong and long-standing bilateral ties with the former requesting for…
Read MorePresident to roll out 1,000 new national schools program today
President to roll out 1,000 new national schools program today Bringing ‘Vistas of Prosperity’ to the forefront, President Gotabaya Rajapaksa will ceremoniously launch the 1,000 new national schools establishment program, covering all nine provinces today.The inaugural ceremony of the 1,000 new national schools establishment program will be held at the Siyambalanduwa Maha Vidyalaya in Monaragala today at 10:30 a.m. auspicious time with the blessings of Prime Minister Mahinda Rajapaksa and by the invitation of the Leader of the House of Parliament and Education Minister Dinesh Gunawardena, President’s Media Division said.Simultaneously,…
Read More“Rowdy clan” no forum to adopt democratic Constitution
“Rowdy clan” no forum to adopt democratic Constitution During the Budget 2022 debate in parliament concluded a week ago, PM Mahinda Rajapaksa responding to a query by the Opposition said the Constitution being drafted now, will be first discussed with all MPs before presenting in parliament. A few days before PM responded, Foreign Minister Prof. Peiris told parliament the draft Constitution would be presented in parliament around mid-January.Their announcements on behalf of the nine member “Expert Draft Committee” appointed with cabinet approval is proved manipulated by political leaders of the Government.…
Read MoreMinority parties to write to India
Minority parties to write to India A group of Opposition MPs in Sri Lanka, representing Tamils from the north and east, hill country (Malaiyaha Tamils), and Tamil-speaking Muslims on Sunday sought the full implementation of the 13th Amendment to ensure “existing rights are not snatched away”. The contentious 13th Amendment, born out of the Indo-Lanka Accord of 1987, has remained in Sri Lanka’s Constitution for nearly four decades without seeing full implementation, as successive regimes in Colombo have refused to part with power over crucial areas including land, and law…
Read MoreChina Says Power project in the North is not withdrawn!
China Says Power project in the North is not withdrawn! Chinese firm denies reports it withdrew from green power project for northern islands China’s SINOSOAR- Hybrid Technology had not withdrawn from the execution of northern power projects as reported by certain Sri Lankan and Indian media outlets, Project Manager, Paul Cao said yesterday. He said that SINOSOAR was the pre-winning bidder for the three islands mini-grid project in northern Sri Lanka. “In the last couple of days, we noticed some misrepresented reports in some local media, claiming that our company…
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