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Speaking at a press briefing titled “Collective Path to a Stable Country” held at the President Media Centre (PMC) today (06),Minister of Foreign Affairs, Ali Sabry PC, elaborated on the government’s plans to establish Free Trade Agreements (FTA)s with India, Indonesia, Malaysia, Vietnam, and China by the end of 2024. He expressed optimism that these […]
[…]The post Sri Lankans Should Fight For Economic Freedom & Not For Economic Independence appeared first on Colombo Telegraph.
- Target 2048 – Economic Democracy Principles Should Be Followed To The Letter (Category: Breaking News)
- Target 2048: It Is Democracy & Not Authoritarianism That Will Do The Job (Category: Breaking News)
- Navigating The Economic Reawakening & Sustainable Growth (Category: Breaking News)
- Child’s Guide To UK’s Trade Concessions To Developing Countries (Category: Breaking News)
[…]The post A Letter To Anura Kumara Dissanayake – Spell Out Your Agenda appeared first on Colombo Telegraph.
- Why Is AKD Of JVP Free Without Imprisonment? [This Is To Clear So Many Clouds Of Confusion] (Category: Breaking News)
- Anura & Sajith: Sri Lanka’s Tweedledum And Tweedledee Or Hero And Jester (Category: Breaking News)
- Anatomy Of A Change; From Wijeweera’s JVP To AKD’s NPP (Category: Breaking News)
- May Day Politics: A Pregame To Presidential Election (Category: Breaking News)
Namibia’s President Hage Geingob has died at the age of 82 while receiving medical treatment at a hospital in the capital, Windhoek. A veteran of the country’s independence struggle, Geingob had been diagnosed with cancer and revealed the details to the public last month. He died early on Sunday with his wife and children by […]
- Russia confirms damage to warship in Black Sea (Category: Breaking News)
- Gunmen storm Ecuador television studio live on air (Category: Breaking News)
- Kenyan marathon world record holder dies in road accident (Category: Breaking News)
- Hungary’s parliament clears path for Sweden’s Nato membership (Category: Breaking News)
[…]The post The Bleak Future For Sri Lanka : 75 Years After Independence appeared first on Colombo Telegraph.
- Debt Restructuring, Austerity, & The IMF: A Solution Or A Worsening Of The Problem? (Category: Breaking News)
- Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? (Category: Breaking News)
- System Change Happening In Wrong Direction (Category: Breaking News)
- Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? – Part III (Category: Breaking News)
ECONOMYNEXT –An Indian firm is in the process of getting permission to manage Sri Lanka’s three airports including the main Bandaranaike International Airport (BIA) where the there is an over saturation in foreign tourists, Tourism Minister Harin Fernando said. The island nation is expecting 2.2 million tourists for 2024, but the main airport needs capacity […]
- India s Adani Group to run three Sri Lankan airports? (Category: Breaking News)
- Singapore s Changi Airport to go passport-free from 2024 (Category: Breaking News)
- Strength of airport and aviation security to be increased (Category: Breaking News)
- Two SriLankan flights forced to land in India due to bad weather (Category: Breaking News)
During a Joint Press Conference today (February 03), President Ranil Wickremesinghe expressed his utmost pleasure in welcoming Prime Minister Srettha Thavisin and his distinguished delegation to Sri Lanka.The post Sri Lanka and Thailand signed Free Trade Agreement (FTA) appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka, Thailand sign historic Free Trade Agreement (Category: Breaking News)
- Thailand says ties with Sri Lanka elevated to new heights (Category: Breaking News)
- Thailand Prime Minister to visit Sri Lanka to sign Free Trade Agreement (Category: Breaking News)
- Sri Lanka President Wickremesinghe extends warm welcome to Thailand Prime Minister Thavisin (Category: Breaking News)
State Minister of Foreign Affairs Taraka Balasuriya, speaking at a press briefing titled ‘Collective Path to a Stable Country,’ held at the President Media Centre (PMC) today (01) defended the President’s recent foreign trips and dismissed claims that the trips were unnecessary by emphasizing their importance in strengthening Sri Lanka’s foreign relations and securing new […]
- State Minister Defends President’s Foreign Trips, Highlights Gains in Partnerships and Diplomacy... (Category: Breaking News)
- Airways suffering losses due to President’s and Ministers foreign trips (Category: Breaking News)
- Sri Lanka cannot afford to be isolated on the global stage - State Minister (Category: Breaking News)
- Sri Lanka’s usable foreign reserves less than USD 50 Million – Finance Minister (Category: Breaking News)
[…]The post Let Us Know Who Are Contesting? What Are Their Policies? appeared first on Colombo Telegraph.
- Challenges In The Forthcoming Presidential Elections (Category: Breaking News)
- President Should Be Responsible! (Category: Breaking News)
- Labor Wins In Australia! (Category: Breaking News)
- A Bankrupt Country Craves For Urgent ‘System Changes’ (Category: Breaking News)
Secretary to the Treasury and Finance Ministry Mahinda Siriwardana has said that even if Sri Lanka achieves the goal of zero corruption, tax revenue will still have to be increased to bridge the budget deficit and lessen the country’s debt burden. Referring to the Supreme Court ruling pertaining to economic management delivered on Nov 14, […]
- EPF asked to pay 30% tax unless it participates in domestic debt restructuring process (Category: Breaking News)
- CB Governor outlines importance of DDR to protect banks and save overall economy (Category: Breaking News)
- IMF team gives prognosis for Lanka at conclusion of nearly two-week visit (Category: Breaking News)
- Govt. retains two foreign firms to restructure ISBs (Category: Breaking News)
India’s Minister of External Affairs Dr. S. Jaishankar has urged all Indians to visit Sri Lanka, emphasising the strong ties between the two nations.The post ‘The next time you want to take a holiday, go to Sri Lanka’ – Jaishankar to Indians appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- India has done its best to assist Sri Lanka – Jaishankar (Category: Breaking News)
- India remains committed to assist Sri Lanka in its economic recovery – Jaishankar tells Sabry (Category: Breaking News)
- JVP Leader Anura Kumara meets India’s Foreign Minister S.Jaishankar in Delhi (Category: Breaking News)
- India will continue developmental assistance to Sri Lanka in every possible area: Jaishankar (Category: Breaking News)
Sri Lanka had failed to attract substantial foreign investment in the mining industry during the last 50 years mainly due to the high sovereign risks associated with Sri Lanka, Chirantha Weerawardena, a mining engineer, said during a seminar, titled ‘Blueprint for Developing a Sustainable Sri Lankan Mining Industry by Attracting Foreign Investment,’ organised by the […]
- Cabinet nod for President’s proposal to make Parliament underwrite foreign investment agreements (Category: Breaking News)
- Australia keen to invest in Sri Lanka phosphate, graphite, ilmenite sectors: High Commissioner (Category: Breaking News)
- Govt. accused of giving Indian companies access to Lankans’ biometrics (Category: Breaking News)
- Sri Lanka’s apparel manufacturing industry asserts importance of Vertical Integration, improved ... (Category: Breaking News)
[…]The post Flight Of Human Capital – A Catastrophic Fait Accompli appeared first on Colombo Telegraph.
- Indian HC explains how Covid-19, Russia-Ukraine conflict expanded India’s role in SL (Category: Breaking News)
- Genocide Day’ controversy : SL registers protest with Canadian HC (Category: Breaking News)
- SL economy, IMF claims, and reality (Category: Breaking News)
- New Australian HC launches landmark educational programme (Category: Breaking News)
Indian High Commissioner Santosh Jha has said India and Sri Lanka are natural partners and their interests in matters of security or development are intertwined and interlinked. “The huge potential our partnership holds and the tangible impact it can have on the lives of the common people drives me to work harder to further deepen […]
- Sri Lanka to ink trade deal with India after addressing concerns (Category: Breaking News)
- India assures continued support for SL at Creditors’ Committee along with Japan and Paris Club (Category: Breaking News)
- Sky is the limit for India-Sri Lanka partnership- High Commissioner Baglay (Category: Breaking News)
- ASEAN hints at Sri Lanka s potential entry into RCEP trade deal (Category: Breaking News)
by Lasanda Kurukulasuriya Sri Lanka’s remarks at the meetings of the 19th Summit of the Non Aligned Movement in Uganda, must surely have had observers of international relations, especially relating to West Asia, scratching their heads. President Ranil Wickemesinghe in Kampala on Friday (19 Jan.) said he welcomed the fact that the 19th Summit gave […]
- Sri Lanka Hones Its Balancing Act (Category: Breaking News)
- We don’t have the capacity for a Red Sea deployment on our own (Category: Breaking News)
- Foreign Ministry urged to advise govt. against Red Sea deployment (Category: Breaking News)
- Sri Lanka sails into murky waters in the Red Sea (Category: Breaking News)
[…]The post Chips Are Everywhere: But Can Sri Lanka Ride The Wave? appeared first on Colombo Telegraph.
- Biden’s order to restrict US investments in China’s tech sector opens new opportunities for India (Category: Breaking News)
- US Chips Act restricts companies from expanding production in China (Category: Breaking News)
- Lanka Adrift In Tempestuous Seas (Category: Breaking News)
- Threats To The Hegemony Of The US Dollar (Category: Breaking News)
[…]The post RW, IMF & The Economy appeared first on Colombo Telegraph.
- IMF’s Prescription: Panacea Or Palliative? (Category: Breaking News)
- IMF, ATA & RW’s Consolidation (Category: Breaking News)
- IMF Economics & 13A Politics: Recipe For Unrest (Category: Breaking News)
- Restructuring The Economy: A Stock Take (Category: Breaking News)
ECONOMYNEXT –President Ranil Wickremesinghe has invited political party leaders in Parliament to discuss the IMF agreement implementation with the fund’s Managing Director. “I am willing to extend an invitation to the Managing Director of the IMF to participate in a collective dialogue here. Let us collaboratively explore different perspectives and propose modifications if deemed beneficial,...
- Sri Lanka’s book publishing industry faces crisis as 18% VAT sparks job losses and closures (Category: Breaking News)
- Indo-Lanka FTA to be revived and upgraded – Prez (Category: Breaking News)
- Prez has final say in making IMF agreement available to MPs (Category: Breaking News)
- President tells Wall Street Journal time not right for Gotabaya to return home (Category: Breaking News)
President Ranil Wickremesinghe extended an invitation to all political party leaders in the Parliament to engage in discussions with the Managing Director of the International Monetary Fund (IMF) on the implementation of the agreement with the IMF. Emphasizing the importance of unity in leading the country to success, he reiterated that withdrawing from the agreement […]
- President invites party leaders for ‘collective dialogue’ with IMF (Category: Breaking News)
- President seeks opposition support to implement IMF deal (Category: Breaking News)
- Sri Lanka to reach IMF staff level agreement, debt restructuring framework by end July: PM (Category: Breaking News)
- Sri Lanka likely to go ahead with new income tax regime, but president “ready to discuss” (Category: Breaking News)
President Ranil Wickremesinghe, addressing the 30th Annual General Meeting of the Lanka Confectionary Manufacturers Association (LCMA) yesterday (24) at Cinnamon Grand Hotel, Colombo emphasized the potential for Sri Lanka to become a global player in the confectionery industry. He encouraged Sri Lankan confectioners to expand their horizons and tap into international markets. The President emphasi...
- President wants cocoa planted on tea estates (Category: Breaking News)
- President Wickremesinghe advocates expansion of Sri Lankan Confectionery Industry and Cocoa cult... (Category: Breaking News)
- President advocates expansion of Sri Lankan confectionery industry and cocoa cultivation (Category: Breaking News)
- Cinnamon cultivation will be expanded under Agricultural Modernization program – President (Category: Breaking News)
Sri Lanka's lawmakers are set to vote on a social media regulation bill on Wednesday which opposition politicians and activists allege will muzzle free speech.The post Sri Lanka votes on new law to regulate online content appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka to amend Online Safety Act (Category: Breaking News)
- United States expresses concern over Sri Lanka’s Online Safety Bill (Category: Breaking News)
- Speaker of Sri Lanka Parliament endorses certificate on Online Safety Bill (Category: Breaking News)
- Second Reading of Online Safety Bill passed in Parliament of Sri Lanka (Category: Breaking News)
The Asia Internet Coalition (AIC) refuted comments made by Public Security Minister Tiran Alles in Parliament of Sri Lanka on Tuesday during the debate on the controversial Online Safety Bill, stressing that the alliance has not been privy to amendments made to the Bill.The post Asia Internet Coalition refutes Public Security Minister’s statement on Online Safety Bill appeared first on ONLAN...
- Sri Lanka warned of impact to foreign investments in digital economy (Category: Breaking News)
- World’s leading tech companies deeply criticize Sri Lanka’s Online Safety Bill (Category: Breaking News)
- Tech giants concerned over Sri Lanka s Online Safety Bill (Category: Breaking News)
- Speaker of Sri Lanka Parliament endorses certificate on Online Safety Bill (Category: Breaking News)
By Hiran H.Senewiratne Sri Lanka’s inflation could rise to 7 percent in January 2024 due to the VAT increase, the Governor of the Central Bank of Sri Lanka (CBSL), Dr. Nandalal Weerasinghe warned. Speaking at a special press briefing held yesterday, Dr. Weerasinghe explained that an increase in inflation is likely due to the increase […]
- CB reduces interest rates by 100 basis points to tackle inflation and ease borrowing costs (Category: Breaking News)
- Price controls to be removed from rupee lending rates from April 1 – CBSL Governor (Category: Breaking News)
- Policy interest rates reduced to enable economy to reach its true potential – CBSL Governor (Category: Breaking News)
- CB reduces interest rates (Category: Breaking News)
The Asia Internet Coalition (AIC) has warned that the Online Safety Bill could impact foreign direct investment into Sri Lanka’s digital economy. The AIC which represents Meta, Apple, Amazon, X (formerly Twitter), Google, Snap Inc and others said that claims by Public Security Minister Tiran Alles
- Controversial Online Safety Bill becomes law (Category: Breaking News)
- Sri Lanka makes first arrest under controversial Online Safety Act (Category: Breaking News)
- Government goes ahead with Online Safety Bill (Category: Breaking News)
- Cabinet gives nod to establish investment zones in North (Category: Breaking News)
Sri Lanka's consumer price inflation rate jumped to 4.2% year-on-year in December driven by rising food prices, official data showed on Monday, although it remains well below record high levels seen at the height of the country's financial crisis.The post Rising food prices drive Sri Lanka inflation up to 4.2% in December appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka’s key inflation rate rises to 1.5% in October (Category: Breaking News)
- Sri Lanka consumer price inflation eases to 53.2% in January but impulses still persist (Category: Breaking News)
- Sri Lanka’s key inflation rate eases to 50.6% in February (Category: Breaking News)
- Sri Lanka’s July consumer inflation more than halves to 4.6% (Category: Breaking News)
By Prof. Amarasiri de Silva Sri Lanka, renowned for its rich cultural heritage and diverse landscapes, is grappling with an unprecedented macroeconomic crisis. This crisis has given rise to acute shortages and sharp increases in the prices of essential products, creating a complex web of challenges. At the heart of this multifaceted crisis lies a […]
- Dairy: The mirage of self-sufficiency (Category: Business)
- Egg prices expected to drop, imports unnecessary from next year – Minister (Category: Breaking News)
- Fix food sectors (Category: Business)
- Achieving food security:Integrated plan necessary (Category: Breaking News)
China’s consumer price index (CPI) fell by 0.3 per cent year on year in December, marking a third consecutive monthly decline amid fears of deflationary risks Concerns have risen that China is facing similar issues to Japan’s so-called lost decades of stagnation China’s falling consumer prices in the fourth quarter have plunged full-year inflation to […]
- China has fallen into a psycho-political funk (Category: Breaking News)
- VAT increase could cause inflation to hit 7 percent in January – CBSL Governor (Category: Breaking News)
- CCPI based headline inflation increases in November 2023 (Category: Breaking News)
- Qatar inflation hits 20-month high in Aug (Category: Business)
[…]The post Election ’24: Rajapaksa Implosion & Ranil’s Red Sea Meddling appeared first on Colombo Telegraph.
- Election Hustling In The South & Boycott Talk In The North (Category: Breaking News)
- May Day Politics: A Pregame To Presidential Election (Category: Breaking News)
- Electing A New Parliament & Ending The Old Presidency (Category: Breaking News)
- Electing A President: Three Against One In The US & Three Against Three In Sri Lanka (Category: Breaking News)
[…]The post A Bleak Forecast For 2024 & Beyond: Politics (Security), Economics & Military appeared first on Colombo Telegraph.
- Russian Presidential Election Results (Category: Breaking News)
- The Ugly New Face Of Terrorism (Category: Breaking News)
- Gathering Storms Cloud On The Horizon; Military, Political, Strategic & Economic Uncertainties A... (Category: Breaking News)
- Threats To The Hegemony Of The US Dollar (Category: Breaking News)
by Dr Amali Wedagedara In Sri Lanka, public policy lost in the neoliberal haze treats the market as a cure for all ills. Not only is the market omnipresent, but it is also omniscient and omnipotent. The charm of the ‘market’ that research and advocacy lobbyists are creating is so alluring that only a few […]
- IMF-led privatisation, land and resource grab in Sri Lanka (Category: Breaking News)
- Taming the ‘monsters’ (Category: Business)
- Dr. Nicholas advises Lanka against swallowing IMF dope (Category: Breaking News)
- Sri Lanka’s crisis seen as highlighting lessons from Greece (Category: Breaking News)
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