Sri Lanka

Sri Lanka's Hambantota port to attract $500m investments: Official

Sri Lanka's southern Hambantota Port is aiming to attract investments worth $500 million as plans are afoot to set up port related industries inside the port as well as general operation expansion, Ports Minister Mahinda Samarasingha said on Friday.

More on Sri Lanka

Sri Lanka, India pledge to increase collaboration in IT

Sri Lanka and India pledged to heighten their cooperation in the field of digital and information technologies yesterday, during the visit of Indian Law and Justice and Electronics and Information Technology Minister Ravi Shankar Prasad.

Railways on the right track

Here is startling fact: Apart from a brief extension from Anuradhapura to Mihintale, not a single metre of railway has been added to the local railway system during the last 70 years. In other words, we are still dependent on the tracks laid during the colonial period. In fact, we somehow managed to destroy an existing line from Avissawella to Opanaike, with the result that trains cannot now go beyond Avissawella on the Kelani Valley Line.

Railways on the right track

Here is startling fact: Apart from a brief extension from Anuradhapura to Mihintale, not a single metre of railway has been added to the local railway system during the last 70 years. In other words, we are still dependent on the tracks laid during the colonial period. In fact, we somehow managed to destroy an existing line from Avissawella to Opanaike, with the result that trains cannot now go beyond Avissawella on the Kelani Valley Line.

One step back, two steps forward

It is now official; the President has no intention of abolishing the Executive Presidency till 2021, if he can help it. In our last editorial for 2017, we said: “Already, we hear there is a debate on not just whether there will be another Presidential election – should the Executive Presidency continue, but if there is one, whether the President’s term of office is for six years (2021) or five (2020) depending on the way the 19th Amendment to the Constitution is interpreted”.

Tweets about SAMonitor
SAM Facebook

Developing countries need support to combat climate change: India

Reminding the developed world of their commitments to developing countries, External Affairs Minister Sushma Swaraj on Friday said developing countries need support to combat climate change.

Read more...

As countermeasure, India hikes import duty on 29 US products

In a retaliatory move against the recent US import duty hikes, India on Thursday raised customs duty on 29 products, including on iron and steel products imported from the US.

Read more...