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We are celebrating the 138th International Workers' Day on the historical records written with blood, sweat, efforts and sacrifices of the working people.This time we are celebrating it at a critical moment when an unprecedented economic crisis in our history has created many challenges within the workplace.However, in the face of any agreement, we do not ignore the labour rights. We decide on the...
On the 138th observance of World Labour Day, born from a historic struggle for rights, our nation stands at a pivotal moment. Regardless of political affiliations, it falls upon each of us to shoulder the unshakable duty of fortifying our economy and propelling our nation onward. During the recent
Sri Lankan President Ranil Wickremesinghe has released a message for the 138th observance of World Labour Day.The post Sri Lanka President Ranil Wickremesinghe’s Labour Day Message appeared first on Sri Lanka News | Breaking News & Top Stories in Sri Lanka | ONLANKA.
The International Monetary Fund (IMF) wants Sri Lanka to work on governance issues and to also stick to the IMF supported program. Krishna Srinivasan, IMF Director of the Asia and Pacific Department noted that Sri Lankans faced a very difficult challenge when they embarked on the IMF program. “And so far, what we’ve seen is […]
Wednesday 1st May, 2024 Another International Workers’ Day has dawned. Grand preparations have been made in this country to celebrate it amidst an unprecedented economic crisis. These celebrations, however, have little or nothing to do with workers; they have apparently everything to do with political parties and their leaders. The next presidential election is only […]
President Ranil Wickremesinghe in his World Labour Day message invited all political parties to join hands in charting a path towards a prosperous future for our nation. The full text of the President’s Labour Day Message: “On the 138th observance of World Labour Day, born from a historic struggle for rights, our nation stands at […]
[…]The post May Day Thoughts: Political Economy Of The Ranil-SLPP-SLFP-UNP-SJB Convergence appeared first on Colombo Telegraph.
SIPRI Report Reveals India’s Surge in Military Spending, Self-Reliance Drive Amidst Escalating Geopolitical Tensions The latest report by the Stockholm International Peace Research Institute (SIPRI) paints a picture of India’s burgeoning military prowess, showcasing a significant climb in global rankings. With a military expenditure totaling $83.6 billion in 2023, India secured the fou...
By N Sathiya Moorthy If there is one job that is more difficult than being the CEO of a global government, it is being the elected Executive President of Sri Lanka – or, any other democracy of disproportionate sizes. Notwithstanding what incumbent Ranil Wickremesinghe has since said about the future of Executive Presidency – conveniently, […]
By Khalid Hamoud Alkahtani The Kingdom of Saudi Arabia is hosting the first-ever special meeting of the World Economic Forum in the capital, Riyadh, which will discuss many important issues such as international cooperation, growth, and energy during the period 28th -29th April 2024. This event is one of the outcomes of the cooperation agreement […]
* Timely intervention prevents farmers from dumping their crop on open fields * Purchased over 30 metric tons of surplus tomato on April 26 * The deal favourable for farmers is akin to a forward commodity pricing arrangement * Surplus tomato will be processed to manufacture KIST tomato sauce by Sanath Nanayakkare KIST food brand […]
The Annual Economic Review and Financial Statements and Operations of the Central Bank for the Year 2023 points out that backtracking from the implemented and planned critical reforms will tip the economy to a state of instability. Thus, continuing with the broader political and social consensus
[…]The post Foreign Debt Restructuring: Too Late & Too Short To Get Out Of The Debt Trap appeared first on Colombo Telegraph.
In the sleepy, verdant village of Ambagaswewa, in the Polonnaruwa district of Sri Lanka’s North Central province, 63-year-old TMH Gamini Sunil Thennakoon’s life is peaceful for the most part. On the brink of retirement, he still spends most days out working his rice paddies but is also content spending his days playing with his grandchildren […]
State Minister of Finance Shehan Semasinghe says that Sri Lanka s economy has been stabilized with the continuous appreciation of Sri Lankan Rupee, and the growth is now emerging.
[…]The post From Absurdities To Atrocities, Again? appeared first on Colombo Telegraph.
By SHIHAR ANEEZ ECONOMYNEXT –Sri Lanka has allowed a German research vessel for replenishment in Colombo port for the second time following the clarification from the island nation’s Foreign Ministry after Chinese protest. “It’s the same German research vessel came last month. It came around New Year time when it was returning and the ship was […]
Japanese Foreign Minister Yoko Kamikawa is to visit Sri Lanka this week, the Japanese Foreign Ministry announced. According to the Kathmandu Post, Kamikawa will arrive in Kathmandu on May 4 via Sri Lanka on a two-day Nepal visit. Japan has established a deep relationship of trust with both Sri Lanka and Nepal based on long […]
-oriented economy based on market economy. The President underscored the importance […]
[…]The post American Chaos, Modi’s Heatwave & Ranil As Common Government Candidate appeared first on Colombo Telegraph.
[…]The post Debate Between Presidential Candidates First: A Point Of View appeared first on Colombo Telegraph.
The Sri Lankan Government says the economy has stabilized and growth is now emerging. State Minister of Finance Shehan Semasinghe said that the currency appreciated from Rs. 360/USD in 2022 to Rs. 300/USD at present. “It is important to understand that exchange rates in Sri Lanka is Market
Reuters says that Sri Lanka has decided to transfer management of its $209 million Chinese-funded airport to two companies from India and Russia, according to a statement from the cabinet on Friday.The post Sri Lanka turns to Indian and Russian companies to manage Chinese-funded Airport appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
Japan has provided a grant of US$3 million through the Food and Agriculture Organization of the United Nations (FAO), to strengthen inland fisheries and improve rural livelihoods in partnership with the Ministry of Fisheries in Sri Lanka. The US$ 3 million initiative will bolster food and nutritional security and fortify resilience by establishing four community […]
President Ranil Wickremesinghe appealed to the public not to back another ‘Aragalaya’. He said there is no need to create instability and force the economy to collapse. The President sought support to move forward and create a better Sri Lanka. He was speaking
A Chinese Communist Party delegation including the Deputy Minister of the Department of the International Affairs of the Chinese Communist Party had talks with National Peoples’ Power (NPP) leader Anura Kumara Dissanayake. The Chinese delegation consisted of Sun Haiyan, Deputy Minister of the Department of International Affairs of the Communist Party of China and member […]
[…]The post An Oxygen Economy appeared first on Colombo Telegraph.
[…]The post Justice Does Not Require A Mandate But A New Government appeared first on Colombo Telegraph.
The chairman of the Colombo Stock Exchange (CSE), Dilshan Wirasekera, discusses opportunities for capital raising and the stock market outlook for 2024 in the following interview: Give us an overview of the current market landscape and discuss the CSE’s overall outlook for the year 2024. We believe the overall outlook of the CSE, for the […]
[…]The post Ramayana Trail – The Sacred Mission appeared first on Colombo Telegraph.