Daily NewsLine by Faraz
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Britain Demands Answers About Unexplained Wealth. Why Not Sri Lanka?
Britain has armed its investigators with powers to question fortunes that cannot be reconciled with legitimate earnings. Russian oligarchs, politically exposed individuals and owners of…
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THEMA COLLECTION OPENS ITS 17TH PROPERTY. ‘DEEWARA’ IS ABOUT MUCH MORE THAN ANOTHER HOTEL
Today, one of Sri Lanka’s most distinctive home-grown hotel groups formally opens Deewara at Mawella, just outside Tangalle. Thema Collection’s 17th property takes its name…
Politics
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Laws by Day, Lockups by Night: When Prison Welfare Gets a Very Personal Parliamentary Advocate
There is a peculiar, unintended theater that occasionally unfolds on the floor of the Sri Lankan Parliament. Few spectacles capture…
Political Colours, Economic Numbers
When it comes to the economy, President Anura Kumara Dissanayake is apparently the very model of political non-partisanship. According to…
Sri Lanka’s Anti-Corruption Law: Who Gains More Power, Who Must Declare Their Wealth, and What Did Parliament Change?
Sri Lanka’s newly enacted Anti-Corruption (Amendment) Act introduces significant changes to the country’s corruption-fighting machinery. But behind the administrative improvements…
Maithripala Sirisena Says He Was Misled Over Gnanasara Pardon. Who Was Actually Responsible? Importantly Who Believes Sirisena?
Former President Maithripala Sirisena has attributed defects in his controversial presidential pardon of Galagodaaththe Gnanasara to officials at the Presidential…
Expose
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Sri Lanka’s Anti-Corruption Drive. Who Investigates the Investigators?
The government’s proposal to establish Bribery Commission offices in all nine provinces promises to bring anti-corruption investigations closer to the public. But expanding investigative powers…
Business
Shifting the Ceiling From ‘CCC+’ to ‘B-’: How Fitch’s Sovereign Boost Reshapes Domestic Credit Ratings
A sovereign credit upgrade inevitably sets off a chain reaction across a country’s financial system. Following its September 22 decision to elevate Sri Lanka’s sovereign…
Economy
Privatized Profits, Public Queues? Why Global Oil Shocks Are Driving Sri Lanka Toward Another Price Hike
When Sri Lanka opened its retail fuel market to foreign energy giants, the pitch was simple and persuasive. Introducing international competitors would share the financial…
