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SLPP to go it alone: No partnership with the SLFP

SLPP to go it alone: No partnership with the SLFP

Basil Rajapaksa insisted on Pohottuwa symbol and ruled out Chair Speaker Karu Jayasuriya may not contest Hurried moves to abolish executive presidency – President and PM pass the ball Sri Lanka People’s Alliance (SLPA) will be set up on October 5 In what seemed revealing by itself, President Maithripala Sirisena, began an emergency Cabinet meeting [...]

The impending fall of the Blue party

The impending fall of the Blue party

My dear SWRD, I thought I must write to you because, in a few days’ time, it will be sixty years since you fell victim to an assassin’s bullet and left us suddenly for the Land of Never Return. I am also writing to let you know that in a few weeks, the Blue party [...]

Sirisena angry over Pohottuwa symbol as rift widens with SLPP

Sirisena angry over Pohottuwa symbol as rift widens with SLPP

President Maithripala Sirisena, leader of the Sri Lanka Freedom Party (SLFP), was livid yesterday that the Sri Lanka Podujana Peramuna (SLPP) had effectively shut the door on a political partnership. This came after SLPP Secretary Sagara Kariyawasam called at the National Election Commission (NEC) on Friday and paid the deposit of Gotabaya Rajapaksa, as the [...]

Mystery of the missing 2 billion buck stigma of the Lotus Tower

Mystery of the missing 2 billion buck stigma of the Lotus Tower

Perhaps, it was not the best of all possible auspicious times for President Sirisena to reveal at the grand ceremonial opening of the Lotus Tower this Monday that a massive two billion bucks paid as an advance to a Chinese company had gone missing along with the Chinese company even before the first foundation stone [...]

Drama in the Supreme Court

Drama in the Supreme Court

For three days last week, I was following the unfolding of a fascinating drama in the Supreme Court. Thankfully I did not have to go to Court Number One to watch a clutch of celebrated Queen’s Counsel and their juniors dragging trolley-loads of files and bundles of documents, as they sorted themselves out inside the [...]

Will reduction of policy interest rates spur economic growth?

Will reduction of policy interest rates spur economic growth?

The Central Bank’s policy interest rate reduction is intended to give an impetus to investment and economic growth. Although the interest rate reduction would assist business, it alone will not spur investment. A host of conditions, including political stability and economic certainty, are necessary to create an investment climate conducive to economic growth. The Central [...]

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