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China Development Bank team here to discuss debt related issues

A delegation of the China Development Bank (CDB) is currently in Sri Lanka.The delegation has met the State Minister of Finance Shehan Semasinghe and held discussions on debt related concerns. “This is a working level delegation and such communications by different Chinese financial institutions with Sri Lankan officials have taken place since April,” a Chinese […]

Another forest reserve to be raped

By Rathindra Kuruwita A private steel and cement manufacturer was planning to excavate 256 acres of the Pettigala Mountain, a part of the Galbokkayaya Mountain range, to extract calcite, Sajeewa Chamikara of Movement for Land and Agricultural Reform (MONLAR) said.Calcite is used as a building material, abrasive, agricultural soil treatment, construction aggregate, pigment, pharmaceutical, and […]

Derailments increase due to neglect of railway tracks

By Rathindra Kuruwita A train running from Kandy to Colombo derailed between Peradeniya and Pilimathalawa stations yesterday morning. This was the 43rd derailment this year, General Secretary of the Railway Station Masters Union Kasun Chamara Jayasekara said. “The express train derailed at 4.47 am. This affected traffic along the line in the morning. The last […]

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