News
GCF, SLEA forge 2026 partnership to drive economic recovery
The Gamani Corea Foundation has announced a collaboration with the Sri Lanka Economic Association (SLEA) for 2026, marking a renewed partnership between two institutions closely linked by history and shared purpose.
The collaboration commenced with the SLEA’s Annual International Conference held on 06 February, 2026, under the theme “Transforming the Services Sector for Economic Recovery in Sri Lanka.” The conference brought together economists, policymakers and academics to deliberate on strategies to strengthen the services sector as a driver of national recovery.
Founded in 1985 by the late Dr. Gamani Corea, who served as its Founder President, the SLEA was established as an independent economic think-tank, dedicated to serving the people of Sri Lanka through research, dialogue and policy advocacy. The decision to hold SLEA council meetings at the Gamani Corea Foundation reflects a continuation of Dr. Corea’s legacy of fostering intellectual exchange. During his lifetime, he regularly hosted economists and leading intellectuals at the Horton Lodge for discussion and debate on pressing economic issues.
The institutional ties between the two bodies run deep. Emeritus Chairperson of the Gamani Corea Foundation, Dr. Nimal Sanderatne, and former Foundation Board Member, Dr. Saman Kelegama, both served as Presidents of the SLEA, underscoring the longstanding relationship between the organisations.
News
UNP concerned about govt.’s silence over US sub sinking Iranian warship in Lanka’s EEZ
The UNP yesterday (06) voiced concern over, what it described as, the continued silence of the Sri Lankan government regarding the sinking of an Iranian vessel by a US submarine within Sri Lanka’s Exclusive Economic Zone (EEZ).
In a statement, the UNP questioned whether the government had been informed, in advance, by the United States of the military action carried out within Sri Lanka’s EEZ, particularly within the framework of the Colombo Security Conclave.
The party warned that such developments had effectively turned Sri Lanka’s EEZ into a war zone, posing potential risks to commercial maritime activity.
Full text of the UNP statement: The United National Party is concerned over the continued silence of the Sri Lankan government regarding the sinking of an Iranian vessel by a US submarine in our Exclusive Economic Zone (EEZ). The government must disclose to the Sri Lankan public whether they were informed by America prior to the military action that was carried out in the country’s EEZ, and within the ambit of the Colombo Security Conclave.
These actions have resulted in our EEZ being turned into a warzone which will have a detrimental impact on our commercial interests. Shipping costs and insurance are expected to increase, impacting the country’s economy, including the cost of living.
The government of Sri Lanka must seek assurance from the United of States of America that further military action will not be conducted in the vicinity of the country. The government must also discuss the potential economic impact with the relevant shipping companies and insurance authorities.
News
Govt. warns of possible adverse developments in the next few weeks due to Gulf conflict
Deputy Defence Minister Maj. Gen. (Ret.) Aruna Jayasekara yesterday (06) told Parliament that the next few weeks could prove decisive for Sri Lanka in view of the war situation in the Middle East.Addressing the House, Jayasekara said there was a possibility of delays in the provision of certain essential services in the coming weeks.
He said restrictions had been imposed on shipping and air travel owing to the ongoing conflict, which could affect the timely delivery of services and supplies expected by the country.
The Deputy Minister said the government had therefore taken steps to further extend the State of Emergency to ensure the uninterrupted maintenance of essential services.
“Due to the prevailing war situation, restrictions have been imposed on shipping, air travel and several other activities. As a result, some of the essential services we expected may face delays in the future. The coming weeks will be decisive, and we must pay special attention to maintaining these essential services. Accordingly, we have taken steps to continue the state of emergency,” he said.
News
Peradeniya Uni issues alert over leopards in its premises
The administration of the University of Peradeniya has urged students, academic staff, and non-academic staff to remain highly vigilant as leopards have begun frequenting the university premises.The areas surrounding the Veterinary Teaching Farm and the Staff Development Centre,
located in the Hanthana region, belonging to the university, have been identified as zones where leopards are frequently spotted.
The administration has further requested everyone to exercise extreme caution during activities in these areas and to immediately notify the University Security Division and the Health Sector if any emergency situation arises.
By S.K. Samaranayake
-
Features5 days agoBrilliant Navy officer no more
-
Opinion5 days agoSri Lanka – world’s worst facilities for cricket fans
-
News2 days agoLegal experts decry move to demolish STC dining hall
-
Features5 days agoA life in colour and song: Rajika Gamage’s new bird guide captures Sri Lanka’s avian soul
-
Business2 days agoCabinet nod for the removal of Cess tax imposed on imported good
-
Features6 days agoOverseas visits to drum up foreign assistance for Sri Lanka
-
Features6 days agoSri Lanka to Host First-Ever World Congress on Snakes in Landmark Scientific Milestone
-
Latest News2 days agoAround 140 people missing after Iranian navy ship sinks off coast of Sri Lanka
