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The Central Bank of Sri Lanka has decided to maintain the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) at their current levels of 8.50 per cent and 9.50 per cent, respectively. The Monetary Policy Board of the Central Bank of Sri Lanka arrived at this decision after carefully assessing the […]
Sri Lanka and the United Kingdom have agreed on a new partnership to protect the marine environment. The British High Commission in Colombo, Andrew Patrick, said yesterday that the Ministry of Environment and the UK government’s Department for Environment, Food and Rural Affairs signed a Memorandum of Understanding (MoU) between the two nations, to protect and […]
The announcement that India will overtake Japan in nominal gross domestic product in dollar terms in 2025 has shocked Tokyo. Until 2010, Japan had been home to the world’s undisputed second-largest economy, but it’s now on the brink of slipping to fifth place. In estimates released in late April
By N Sathiya Moorthy The long ‘vegetables queue’ in Kandy and some other places across the country on Vesak-2024 was sad, shocking and yet true. At least, no one has claimed that they were fake pictures from another event (where shop-owners gave away vegetables for free). At least those that the videos posted on the social […]
[…]The post President Ranil Wickremesinghe Rescued & Stable Economy In Sri Lanka – An Inquiry appeared first on Colombo Telegraph.
to villages in collaboration with private companies to revitalize the export economy. President Ranil Wickrem...
[…]The post Whither The National Education Policy Framework Of Sri Lanka? appeared first on Colombo Telegraph.
[…]The post Economic Stability With SOE Reforms Need System Change appeared first on Colombo Telegraph.
[…]The post System Change & Its Replacement!!! appeared first on Colombo Telegraph.
Sri Lanka's consumer price inflation rose to 2.7% in April from 2.5% in March, according to official data released on Tuesday, as reported by Reuters.The post Sri Lanka’s April inflation climbs to 2.7%, up from March’s 2.5% appeared first on Sri Lanka News | Breaking News & Top Stories in Sri Lanka | ONLANKA.
Norway, which shut its Embassy in Colombo last year, is to boost bilateral ties with Sri Lanka. May-Elin Stener, the Ambassador of Norway to Sri Lanka and India visited Sri Lanka during 2nd to 9th May, a statement issued Tuesday noted. The visit marks a pivotal moment in the strengthening of bilateral ties between Norway […]
[…]The post President’s Commitment To Economic Reform Is Model For Reconciliation appeared first on Colombo Telegraph.
The President of Iran was on Sunday night feared dead after the helicopter he was travelling in crashed in a mountainous region. The lives of Ebrahim Raisi and Hossein Amirabdollahian, his foreign minister, were “at risk”, an Iranian official said during a large search and rescue mission. Ahmad Vahidi, the Iranian interior minister, blamed the crash, […]
During his official visit to Indonesia, President Ranil Wickremesinghe met with Luhut Binsar Pandjaitan Coordinating Minister of Maritime and Investment Affairs of the Republic of Indonesia. The meeting took place today (19) at the, United In Diversity Bali Campus on Kura Kura Bali Island. The discussion covered key topics such as the Global Blended Finance […]
[…]The post Debate Or No Debate, Addressing Critical Issues Is Important For Voters appeared first on Colombo Telegraph.
by Rajan Philips The attempted assassination of Slovakian Prime Minister Robert Fico has sent shivers down western spines. In a rare moment of unity, both Joe Biden and Vladimir Putin condemned the shooting. The identity of the arrested shooter has not been made public, but he is believed to be a 71 year old poet […]
[…]The post Western Discontents, Modi’s New India, And Sri Lankan Anniversaries appeared first on Colombo Telegraph.
[…]The post Corruption In Sri Lanka: The Root Of Modern Social Instability appeared first on Colombo Telegraph.
Singapore's long-serving Prime Minister Lee Hsien Loong is stepping down, marking the end of a political era for the island nation.The post End of Lee era for Singapore as Prime Minister steps down appeared first on Sri Lanka News | Breaking News & Top Stories in Sri Lanka | ONLANKA.
Milinda Moragoda, Founder of the Pathfinder Foundation, yesterday released a six-point statement concerning the present economic situation. “The bitter truth that half-hearted economic reforms by successive governments have been a major contributory factor to the current economic crisis”, Moragoda says, noting that it is critical that all political parties and society at large come to ...
PickMe has crossed digital borders and will take the ride hailing market by storm with the launch of their latest technology partnership, JumJum (Let’s Go) in Nepal, a country where 78% of 3.22 million vehicles registered are motorcycles. Named as the Motorcycle city, Kathmandu Valley claims to have over a million motorcycles on their busy […]
[…]The post Being Meticulously Scrupulous! appeared first on Colombo Telegraph.
[…]The post Tentative Recovery Of The Economy Will Not Be Stalled By The Presidential Election: Response To The Governor Of The Central Bank appeared first on Colombo Telegraph.
[…]The post After May Day: Now What? appeared first on Colombo Telegraph.
SLPP leader Mahinda Rajapaksa, MP, has asked President Ranil Wickremesinghe to suspend ongoing privatisation projects, pending the conclusion of the presidential polls scheduled for Sept/Oct this year. Former President Rajapaksa has said in a media statement: “The present government is an interim arrangement formed to run the country for the remainder of former President Gotabaya […]
Russian President Vladimir Putin is set to replace his long-standing ally Sergei Shoigu as defence minister, the Kremlin has announced. The 68-year-old has been in the role since 2012 and is to be appointed the head of Russia’s Security Council. Papers published by the upper chamber of the Russian parliament said Shoigu will be replaced […]
[…]The post Palestine & Ukraine: Two More Nails In Imperialism’s Coffin? – Part III appeared first on Colombo Telegraph.
[…]The post Economic Growth, National Security, And What Next For Sri Lanka appeared first on Colombo Telegraph.
Former Prime Minister and leader of the Sri Lanka Podujana Peramuna (SLPP), Mahinda Rajapaksa, has called for the postponement of the Government decision to privatize state assets. Rajapaksa said that as a measure to ease the widespread discontent over the government’s divestiture drive, he proposes that all moves to sell off state owned assets or […]
Sri Lankan President Ranil Wickremesinghe stated that he expects to increase the growth rate of Sri Lanka’s economy to up to 3% by the year 2025 and mentioned that steps would be taken to increase the salaries of government employees.The post Sri Lanka Nursing University inaugurated appeared