News

Japan urges urgent debt restructuring for Sri Lanka’s progress

Published

1 year ago

April 1, 2024

nipuni

Japan’s Deputy Head of Mission Kotaro Katsuki on Saturday asserted that without restructuring the external debt, Sri Lanka cannot move forward.

“Therefore the external debt restructuring must be concluded with a sense of urgency,” said Kotaro speaking at the Daily FT-BOI ICCSL webinar titled “The FTA pathway: Exploring Sri Lanka’s Export and FDI Potential.”

Delivering the keynote in the webinar, Foreign Affairs Minister Ali Sabry emphasised that Sri Lanka’s key location and potential for growth must not be neglected, and the country must move towards a more robust system of trade with our regional partners and those on distant shores.

Sabry noted, “We have much to gain from positive FTAs, and we must move towards a system of production that is globally competitive, and not only catering to the domestic market.”

However, Sabry emphasised that negotiations must be strategic, stakeholder driven and focused, and must take into consideration the opportunities and threats.

(Except for the headline, this story, originally published by ft.lk has not been edited by SLM staff)

News

2 ex-Presidents involved in misuse of land!

Published

55 minutes ago

June 19, 2025

editor

Two former Presidents, former Deputy Minister – Salinda Dissanayake and former MP Manjula Dissanayake have been involved in the misuse of a land in Kurunegala, Deputy Minister Sunil Ranasinghe told Parliament today (June 19).

Salinda is the husband of Manjula Dissanayake.

The ex-Deputy Minister had obtained the land on lease and obtained a loan from the Lankaputhra Bank using it as a collateral. However the loan has been defaulted.

The Presidents in 2000 and 2007 were involved in reducing the monthly lease and later scrapping it, Ranasinghe added.

(Video : Voice Tube)

News

Duminda remanded further

Published

1 hour ago

June 19, 2025

editor

Former Minister Duminda Dissanayake has been further remanded until June 26 after being produced before the Mount Lavinia Magistrate’s Court today (June 19).

He was arrested over the discovery of a gold-plated firearm at the Havelock City housing complex and the court ordered hold him further custody as investigations continue.

News

New President of CoA & 02 judges sworn in

Published

1 hour ago

June 19, 2025

editor

Senior Additional Solicitor General and President’s Counsel, Mr Nalin Rohantha Abeysooriya, was sworn in this morning (June 19) as the new President of the Court of Appeal before President Anura Kumara Disanayake at the Presidential Secretariat.

In addition, High Court Judges Mr Don Francis Hathurusinghe Gunawardena and Mr Adithya Kantha Madduma Patabendige were also sworn in today (19) as Judges of the Court of Appeal, in the presence of the President at the Presidential Secretariat.

The President’s Secretary, Dr Nandika Sanath Kumanayake, was also in attendance at the ceremony.

(President’s Media Division)