By the time the Britishers left our shores, we were fairly on a sound financial footing and we were second only to Japan among the countries in Asia. However, when we look back at the progress we made during the past 75 years, one cannot be fully satisfied with the achievements we have made since Independence.Except for a few post-Independence years, Sri Lanka didn’t witness any significant development...
Even though Sri Lanka obtained the loan facility from the International Monetary Fund (IMF), the crisis is not over.Despite the concession to restructure debt, many steps remain to be taken to strengthen the economy. President Ranil Wickremesinghe is working hard to implement the program to uplift the economy. It is like walking a tightrope.President Wickremesinghe visited Homagama Diyagama Mahinda...
The CR and FC Centenary Rugby Sevens created the major upset when the host team edged out the champion Kandy Sports Club outfit by 21 points to 19 at Longdon Place in Colombo yesterday.But Kandy SC, CH and FC, CR and FC and Havelocks booked places in the Cup semi finals to be played today.The second day of the Sevens saw some fantastic rugby displayed by both the men’s and women’s teams respectively....
Pelwatte exports first consignment of butter to Maldives
Sri Lanka will achieve self-sufficiency in milk powder next year and create history by launching exports to China, said Chairman Pelwatte Dairy Industries (Pvt) Ltd, Ariyaseela Wickramanayake.He told Sunday Observer Business that Sri Lanka’s milk powder imports have reduced drastically while local production has increased.The quantity of milk powder imported in 2019 was 99 million kg, compared to 96...
