@2022 - All Right Reserved. Designed and Developed by Rev-Creations, Inc
7859 results found in 1719 ms
Page 3 of 262
The World Bank has found that more than a quarter of Sri Lanka’s population is living in poverty,according to its latest publication. Titled ‘World Bank Update: Bridges to Recovery’ released last week (April 2) shows that poverty has increased over the past four years—from 11 percent in 2019 to almost 26 percent in 2024 in Sri Lanka. […]
Sri Lanka has earned over USD 1 million from tourist arrivals so far in Sri Lanka this year. Tourism Minister Harin Fernando said that 635,784 tourists visited Sri Lanka during the first three months of this year. He said that Sri Lanka earned USD 1,025 million during this period. Sri Lanka has seen a boom […]
President Ranil Wickremesinghe participating at the “Let’s Start with Me” Kandy District Youth Conference held at the President’s House, Kandy on Sunday (07) stated that the legislation pertaining to the establishment of the new economy will be presented to Parliament in May and approved by June. Elaborating further, the President said: “If we fail to […]
Presidential Director General (Community Affairs) Mr. Rajith Keerthi Tennakoon said that nearly Rs. 200 billion has been paid in 2023 alone to provide relief to the people affected by the economic crisis.
Presidential Director General (Community Affairs) Mr. Rajith Keerthi Thennakoon said that nearly Rs. 200 billion has been paid in 2023 alone to provide relief to the people affected by the economic crisis.
The JVP has renewed its challenge for a debate between its leader Anura Kumara Dissanayake and Opposition and SJB leader Sajith Premadasa on the economic crisis and possible solutions. Addressing the 53rd April Heroes’ Day in Polonnaruwa, on Friday, JVP General Secretary Tilvin Silva
The assistance of the Asian Development Bank (ADB) to help Sri Lanka recover from the crisis will be aligned with the strategic objectives of the Bank’s country partnership strategy (CPS) 2024–2028, Takafumi Kadono, Country Director, Sri Lanka Resident Mission, ADB said. Mr. Kadono
[…]The post Palestine & Ukraine: Two More Nails In Imperialism’s Coffin? appeared first on Colombo Telegraph.
The Sri Lanka Freedom Party (SLFP) has summoned the party s politburo on Monday (March 08) to discuss the future course of action of the party, in view of its current internal crisis situation.
Aberdeen Holdings has embarked on a new venture in corporate social responsibility with the establishment of the Snehadhana Foundation. Launched on March 8, this initiative underscores the company’s resolve to contribute meaningful and enduring enhancements to community welfare, said a press release. It said: The inauguration of the Snehadhana Community Kitchen at 17th Lane, Colombo […]
ECONOMYNEXT –At least 10 Sri Lanka’s Members of Parliament (MPs) elected in the 2020 general elections are not anymore the legislature, either due to death or resignation or legal issues, official data showed. With the latest death of ruling Sri Lanka Podujana Peramuna (SLPP) legislator K H Nandasena (69 years) on Thursday (04), Parliament has […]
By Rathindra Kuruwita The GL Peiris-led splinter group of the SLPP, the Nidahasa Janatha Sabawa (NJS), has signed an MOU with the Samagi Jana Balawegaya (SJB) to form an alliance in view of upcoming elections on Friday (05). Six NJS MPs, namely, Professor Peiris, Dilan Perera, K.P. Kumarasiri, Upali Galappatty, Wasantha Yapa Bandara and Nalaka […]
Colombo has demonstrated its own brand of strategic autonomy on issues from Russia’s war in Ukraine to China’s global footprint By Michael Kugelman Most South Asian governments tend to have nonaligned foreign policies, balancing their relations with major powers. This maximizes their diplomatic flexibility and ability to operate independently on the world stage, also known as […]
Mr. Rajith Keerthi Tennakoon, President Director General of Community Affairs, stated that between President Ranil Wickremesinghe’s assumption of office and February 2024, the Government of Sri Lanka has settled a total of US$ 1909.7 million in foreign debt and interest payments.The post Sri Lanka settles $1.9 Billion in Foreign Debt and Interest Payments: Official Statement appeared first on ONLA...
By Rathindra Kuruwita Sri Lanka Freedom Party (SLFP) dissident MP Dayasiri Jayasekera has said that he does not rejoice in the court injunction against former President Maithripala Sirisena banning him from holding the post of SLFP Chairman. “Of course, he has made mistakes. He removed me from the post of General Secretary and ever since […]
A section of the Nidahasa Janatha Sabawa (NJS) signed an MOU, last morning (05), with the Samagi Jana Balawegaya (SJB) to form an alliance. Six SLPP MPs represenitng the NJS, Professor G. L. Peiris, Dilan Perera, K.P. Kumarasiri, Upul Galappatty, Wasantha Yapa Bandara and Dr. Nalaka Godahewa, signed the MoU at the BMICH. “People are […]
Sri Lanka’s economy is projected to see moderate growth of 2.2% in 2024, showing signs of stabilization, following the severe economic downturn of 2022. But, the country still faces elevated poverty levels, income inequality, and labor market concerns, says the World Bank’s latest bi-annual update. The Sri Lanka Development Update, Bridge to Recovery, highlights that […]
By N Sathiya Moorthy It is inevitable that in the heat of an electoral battle, neighbours get mentioned, if not hurt. It is election time in India, to be followed by one or two in Sri Lanka – for the presidency and Parliament, though which would come first is known only to Mr God and President […]
[…]The post Monk’s Imprisonment: Aragalaya Victory No. 2 appeared first on Colombo Telegraph.
The International Monetary Fund said on Thursday that there is “strong expectation” that Sri Lanka will reach a deal with its commercial creditors by the completion of the IMF’s second review.The post There is “strong expectation” of Sri Lanka commercial creditor deal: IMF appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
[…]The post Brahmins Demand A Debate On Debt appeared first on Colombo Telegraph.
[…]The post Katchatheevu Crisis – Seal The Deal Mr. Modi appeared first on Colombo Telegraph.
By Saman Indrajith The Sectoral Oversight Committee on Alleviating the Impact of the Economic Crisis has instructed the Fisheries Ministry to furnish a report on how to tackle the problem of Indian fishermen poaching in Sri Lanka’s territorial waters. The directive was given when the Committee
Former President Maithripala Sirisena says he expects to present facts before the court with regard to the interim injunction issued by the Colombo District Court, preventing him from functioning as the Chairman of Sri Lanka Freedom Party (SLFP).
[…]The post Will AKD Make The Cut? appeared first on Colombo Telegraph.
The Sectoral Oversight Committee on Alleviating the Impact of the Economic Crisis, chaired by MP Gamini Waleboda, recently convened a meeting in Parliament
By Sanath Nanayakkare Minister of State for Finance Shehan Semasinghe said on Monday that the government is aware of the low deposit interest rate senior citizens are earning on their savings as the policy rates are taking a downward trajectory amid declining inflation and expanded economic activity. He, however, said that interest rate relief cannot […]
Minister of Transport, Highways and Mass Media, Dr. Bandula Gunawardena, has stressed that any alteration, even as small as one-tenth, to the on-going government program spearheaded by President Ranil Wickremesinghe could pose a significant threat to the stability of the country once more. Despite numerous reports indicating an increase in poverty among the country’s most vulnerable, the minister ...
By Shamindra Ferdinando Against the backdrop of Speaker Mahinda Yapa Abeywardena’s quite belated (but better late than never) public confirmation of external interventions in Aragalaya, that led to the overthrow of President Gotabaya Rajapaksa’s government in mid-July 2022, former cashiered Flying Officer Keerthi Ratnayake, with a never-say-die attitude even when odds are overwhelmingly stacked ag...
Speaker Mahinda Yapa Abeywardana dismissed a conspiracy theory linked to the mass protests staged in Sri Lanka in 2022 to oust then President Gotabaya Rajapaksa. MP Wimal Weerawansa alleged that there was a foreign hand in the ‘Aragalaya’’ protests and called for it to be investigated. He told the Speaker that Parliament must hold a […]