South Asia and Beyond

Offshore Energy Exploration: Biggest Interest From India

Sri Lanka plans to begin evaluating Expressions of Interest (EOIs) in its offshore hydrocarbon reserves, following the enactment of the legal regulatory framework on offshore oil and gas, the Petroleum Development Authority of Sri Lanka (PDASL) said yesterday (14). When contacted by The Sunday Morning, PDASL Chairman Saliya Wickramasuriya said: “Sri Lanka will operate an […]Read More

Pay Higher Taxes Or Return To Queue Era: Sri Lankan President

The International Monetary Fund (IMF) has insisted that the Sri Lankan Government significantly increase tax revenue as percentage of its Gross Domestic Product (GDP), says Sri Lankan President Ranil Wickremesinghe, adding that failure to comply would lead to a return to the infamous era of queues seen during the first half of this year. “The […]Read More

Ranil Likens Children At Protests To LTTE’s Human Shields Tactic

Calling for an end to bringing children to protest demonstrations, Sri Lankan President Ranil Wickremesinghe has likened the practice to the use of children as human shields by late LTTE Leader Velupillai Prabhakaran. All measures will be taken in consultation with Attorney General Sanjay Rajaratnam to prevent young children from being brought to protests, he […]Read More