The Sunday Times (Sri Lanka) chairman of Wijeya Newspapers Ltd, purchased the company which was under liquidation, in 1986. However, the newspaper "The Sunday Times" came into being in 1991. The Sunday Times (Sri Lanka) The Sunday Times is a weekly Sri Lankan broadsheet initially published by the now defunct Times Group, until 1991, when it was taken over by Wijeya Newspapers. The paper features articles of journalists such as defence columnist Iqbal Athas and Ameen Izzadeen. The daily counterpart of the Sri Lankan "Sunday Times" is the Daily Mirror. The first "Times" newspaper, "Ceylon Times" was established in 1846. The Times of Ceylon Ltd,
Sunday Herald then led by chairman Gus Macdonald, decided to create a Sunday sister for its existing national morning title "The Herald", because the Glasgow-based media group was losing advertising revenue to rival newspaper publishers every Sunday. In March 1998 the media company's board appointed Andrew Jaspan, then the publisher and managing director of "The Big Issue" and a former editor of "Scotland on Sunday", "The Scotsman" and "The Observer" to examine the business case for launching a new Sunday title. In October 1998 SMG (now known as STV Group plc), which also owns the broadcaster STV, committed to putting £10 million