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A delegation led by the Australian High Commissioner to Sri Lanka, Paul Stephens met Defence Secretary of Sri Lanka, General Kamal Gunaratne at the Defence Headquarters Complex of Sri Lanka in Sri Jayewardenepura, Kotte on Tuesday (December 12) and had a cordial discussion.The post Australian High Commissioner discusses strengthening border security with Sri Lankan Defence Secretary appeared firs...
Sri Lanka currently imports most of its energy needs, including oil, coal and hydrocarbons. To ease the economic burden, the island nation aims to generate 70% of its electricity from renewable sources by 2030.The post Sri Lanka approves nuclear power plant construction with Russia as top contender appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
The International Monetary Fund (IMF) said its executive board cleared the first review of Sri Lanka's about $3 billion bailout on Tuesday, providing about $337 million in funds to help tackle the fallout from the country's worst financial crisis in decades.The post IMF board approves first review
How come royalty on foreign players replaced with additional Rs 50 charge on a litre of fuel? by Shamindra Ferdinando Convenor of the Samagi Joint Trade Union Alliance Ananda Palitha yesterday (12) said that the Wickremesinghe-Rajapaksa government was planning to impose VAT on fuel already subjected to several taxes amounting to Rs 75, an extremely […]
By Shamindra Ferdinando One-time Foreign Secretary Kshenuka Senewiratne and Admiral Ravindra Chandrasiri Wijegunaratne (Rtd.) on Dec 04, 2023 assumed duties at the Sri Lankan High Commission in New Delhi and Islamabad, respectively. It would be pertinent to mention that Wijegunaratne previously served as the First Secretary/Defence Advisor of Sri Lanka High Commission in New Delhi […]
The Executive Board of the International Monetary Fund (IMF) has approved the disbursement of approximately US$ 337 million to Sri Lanka as part of a bailout package. The IMF said the Executive Board completed the first review under the 48-month Extended Fund Facility with Sri Lanka, providing the country with access to SDR 254 million […]
[…]The post Intrusions From Departed Relatives During “Bed-Business” appeared first on Colombo Telegraph.
[…]The post Ground Discontents Not Removed By Reconciliation Moves appeared first on Colombo Telegraph.
[…]The post Was There A Conspiracy Behind The Easter Sunday Attacks?: A Follow-Up appeared first on Colombo Telegraph.
by Jehan Perera A group of Tamil Diaspora members from western countries have been in Sri Lanka for the past several days. They have been engaging in a series of meetings, with religious clergy in the main, but also with civil and political leaders and with their friends and relatives. The highlight of their meetings […]
[…]The post Should The Central Bank Act Be Amended By A Future Government? appeared first on Colombo Telegraph.
Human rights group, the ITJP (International Truth and Justice Project) has submitted two sanctions submissions to the UK Government for alleged war crimes committed by retired Sri Lankan military leaders – former Army Commander, Shavendra Silva and Jagath Jayasuriya. Foreign Secretary David Cameron must recuse himself from imminent decisions on whether to apply Magnitsky Sanctions […]
[…]The post JRJ, The Arrogant Man Whose 1977 Constitution Started The Ruin appeared first on Colombo Telegraph.
[…]The post Will David Cameron Apply Magnitsky Sanctions On Sri Lanka After Promoting Investment For Its Controversial Port City Project? appeared first on Colombo Telegraph.
Sri Lanka will get about $600 million, on a staggered basis, from the Asian Development Bank after the International Monetary Fund releases the second tranche of a $2.9 billion bailout for the crisis-hit country, an official said on Tuesday.The post Sri Lanka to receive about $600 million ADB
In a bid to address the pressing challenges posed by climate change and the need for robust institutional frameworks, President Ranil Wickremesinghe officially launched the International Climate Change University (ICCU) today (December 03), the President’s Media Division (PMD) said.The post Sri Lanka President launches International Climate Change University at COP28 appeared first on ONLANKA - Sr...
[…]The post Resolving Systemic Debt Crises Needs A Paradigm Shift appeared first on Colombo Telegraph.
by Rex Clementine Following the unceremonious axing of Roshan Ranasinghe as Sports Minister, you expected a few celebrations at Maitland Place. However, the celebrations have been muted. While most Sports Ministers had played ball with SLC, Ranasinghe had turned out to be the cricket establishment’s bete noire. Harin Ferando had a brief spell as […]
What has been widely described as the “historic” Supreme Court judgment which by a majority 4-1 decision of a five-judge bench held the Rajapaksa brothers, Mahinda, Gotabaya and Basil and other unelected officials including two past Governors of the Central Bank, a former Secretary to the President, a former Treasury Secretary and some members of […]
Sri Lanka's in-principle pact with creditor nations to restructure its debt prepares the way for the International Monetary Fund (IMF) to consider clearing the first review of a bailout next month, the global lender said on Thursday.The post IMF says Sri Lanka debt deal could help board clear first bailout review appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
Sri Lanka needs $100 billion to become a net zero emitter by 2040, President Ranil Wickremesinghe said on Tuesday, as the island also attempts to build climate change resilience while navigating its worst financial crisis in decades.The post Sri Lanka needs $100 billion to become net zero emitter
SLPP leader Mahinda Rajapaksa yesterday (28) hit back at critics, claiming that a robust economy had been built under his presidency. He said the UNP-SLFP government which ruled the country during the 2015-2019 period should be held responsible for the current economic crisis. The following
[…]The post President Leads Largest Delegation For Climate Change Summit In Dubai: Probably A Guinness World Record appeared first on Colombo Telegraph.
[…]The post The Origins Of Sri Lanka’s Economic Crisis appeared first on Colombo Telegraph.
[…]The post SC Judgment, Fiscal Philosophy, & Long-Term Decisions For A Brighter Future appeared first on Colombo Telegraph.
slams colleague over criticism of US envoy’s conduct By Shamindra Ferdinando SLPP MP Chandima Weerakkody has lashed out at fellow ruling party MP and Chairman of Sectoral Oversight Committee on National Security Sarath Weerasekera for the latter’s recent comment on US Ambassador Julie Chung’s conduct in respect of last year’s popular uprising which led to […]
Monday 27th November, 2023 The SJB has commenced collecting signatures for a public petition as part of a campaign to have those who are responsible for the current economic crisis stripped of their civic rights. Given public resentment, which is palpable, the SJB may be able to obtain hundreds
By Amal JAYASINGHE Malé (Maldives) AFP: Rising sea levels threaten to swamp the Maldives and the Indian Ocean archipelago is already out of drinking water, but the new president says he has scrapped plans to relocate citizens. Instead, President Mohamed Muizzu promises the low-lying nation will beat back the waves through ambitious land reclamation and building […]
ECONOMYNEXT –A Minister warns of emerging racism in the island nation targeting ethnic minorities ahead of 2024 elections while regretting the past racism-led events including riots and insurrections since the 1948 independence. Sri Lankan politicians have historically used racism to divide the country and win elections with the help of their own ethnicities and religious […]