Sunday Observer

23 August, 2020 0

Coalition must be fine-tuned to address : multiplicity of policies and programs :

HAKEEM calls for revision of SJB constitution

SLMC leader Rauff Hakeem called for the revision of the Samagi Jana Balawegaya (SJB) constitution which he said was drafted hurriedly before the parliamentary election on August 5.He said that this has already been taken up with the SJB leadership.“The constitution of the coalition must be fine-tuned to address the multiplicity of policies and programs of all parties that there might be a unified vision...

23 August, 2020 0

Fillip for Covid-19 hit businesses

The Central Bank (CB) has given Covid-19 hit businesses and others more time to apply for the four percent Working Capital Loan scheme.The deadline has been extended till September 30, 2020. The new scheme - Saubagya Covid-19 Renaissance Loan Scheme Facility - was introduced to help businesses and others during the pandemic.The islandwide curfew and the closure of international airports in March this year...

23 August, 2020 0

Northern voters embraced new political parties - Udaya Gammanpila

Co-cabinet Spokesman and Energy Minister Udaya Gammanpila said the recently concluded general election is a clear reflection that the people in the North have moved away from the TNA and embraced new political parties such as the SLFP, SLPP, EPDP and TMVP, the coalition partners of the Government.“We should read the message by the Northern and the Eastern voters properly.The simple message is that they...

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23 August, 2020 0

What’s raging is not the pandemic, but the recovery

Why should there be great prospects for an economy, when the general circumstances are extremely bad, and there are job losses and a huge negative disruption of markets — such as what obtains now during the pandemic?Positive economic prospects seem virtually impossible in times of a raging worldwide calamity such as the spread of Covid-19. But long term economic prospects from the current downturn in this...

23 August, 2020 0

Future generation, our most valuable resource - President

Policy Statement of President Gotabaya Rajapaksa at the...

Steps will be taken to make our motherland a safe country free of terrorism, extremism, underworld activities, theft and robbery, extortionists, the drug menace, disruptions of public order, and the abuse of women and children, President Gotabaya Rajapaksa told the inaugural session of the ninth Parliament on Thursday.Excerpts:I have this opportunity to address you as the Head of State of the Democratic...

23 August, 2020 0

Ranil out to remain UNP leader

Marking another milestone in Sri Lanka’s political history, the first sitting of the ninth Parliament took place on Thursday, August 20 with a focus on the 81 first-time MPs.The members unanimously elected SLPP Matara district Parliamentarian Mahinda Yapa Abeywardena as the Speaker. His name was proposed by Minister Dinesh Gunawardena and seconded by SJB Parliamentarian Ranjith Madduma Bandara.Following...

23 August, 2020 0

Hambantota Beach Games attract crowd frenzy

Sri Lanka to target sports tourism to boost country’s image...

Beach Boys Football Club of Hambantota deservedly emerged champions in the football tournament after beating Jolly Boys of Kirinda 2-1 in last Sunday’s final at the Hambantota Beach Games which marked the re-emergence of organised sports in the country after a break of more than five months.The event was well-attended by an enthusiastic crowd that stayed on until the finish of the Games that had football,...

23 August, 2020 0

Following reservations on 1Q performance:

CB to discuss with DCS before data release

The Central Bank will hold discussions and continuous dialogue with the Department of Census and Statistics before data on the Gross Domestic Product (GDP) is released for each quarter, said Central Bank Governor W.D. Lakshman in response to a query on the low GDP growth recorded in the first quarter this year when barely 10 days of the global pandemic had affected the economy.“Henceforth the Central Bank...