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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)
The United States Agency for International Development (USAID)’s Partnership for Accelerating Results in Trade, National Expenditure, and Revenue (PARTNER) activity, with the Ceylon Chamber of Commerce (CCC), have completed an on-the-job coaching programme for 50 Development Officers (DOs) attached to the Sri Lanka Export Development Board (SLEDB), said a release from the CCC. At an […]
- SLEDB joins Pakistan High Commission (Category: Breaking News)
- USAID to establish battery-operated swapping stations for E-bikes (Category: Breaking News)
- Promising ‘Sri Lanka Peace Collection’ gets US backing (Category: Business)
- AmChamHosts luncheon on private sector partnerships with USAID (Category: Business)
[…]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)
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)
[…]The post Challenges In The Forthcoming Presidential Elections appeared first on Colombo Telegraph.
- Let Us Know Who Are Contesting? What Are Their Policies? (Category: Breaking News)
- Is Ranil Wickremesinghe Unelectable? (Category: Breaking News)
- Election ’24: Rajapaksa Implosion & Ranil’s Red Sea Meddling (Category: Breaking News)
- Black & White; No Shades? (Category: Breaking News)
[…]The post Ranil’s Choices appeared first on Colombo Telegraph.
- Ranil & Sajith Running Out Af Alternatives (Category: Breaking News)
- Ranil’s political ‘Trickonometry’ (Category: Breaking News)
- Politics Devoid Of Doctrine Is Empty & Harmful In The Long-Run; Premadasa, RW & MR Are Examples (Category: Breaking News)
- Ranil Vs. AKD: Who Will Blink First? (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)
- It is imperative for all Sri Lankans to collectively advance the nation’s future without ego and... (Category: Breaking News)
A repressive new internet law that Sri Lankan President Ranil Wickremesinghe is trying to rush through Parliament this week would create broad and vague new speech-related offenses punishable by lengthy prison terms, Human Rights Watch’s (HRC) Meenakshi Ganguly has said in a statement. The law would seriously threaten the right to freedom of expression as […]
- Law College calls for admission applications even before release of A/L results (Category: Breaking News)
- Novel project to help second year law students (Category: Breaking News)
- Rule of Law in SL must be upheld – US Ambassador (Category: Breaking News)
- BASL condemns govt. attempts to restrict freedom of expression (Category: Breaking News)
By Meenakshi Ganguly A repressive new internet law that Sri Lankan President Ranil Wickremesinghe is trying to rush through Parliament this week would create broad and vague new speech-related offenses punishable by lengthy prison terms. The law would seriously threaten the right to freedom of expression as Sri Lanka prepares for parliamentary and presidential elections […]
- Ongoing abuses undermining proposed TRC goals in Sri Lanka (Category: Breaking News)
- Rights groups urge strong UN resolution on Sri Lanka (Category: Breaking News)
- UN experts deplore use of purported AI to commit ‘domicide’ in Gaza (Category: Breaking News)
- HRW says economic crisis puts rights in Sri Lanka in peril (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 Monetary Policy Board of the Central Bank of Sri Lanka decided to maintain the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) of the Central Bank at their current levels of 9.00 per cent and 10.00 per cent, respectively. The Board arrived at this decision following a comprehensive assessment of […]
- Central Bank of Sri Lanka further reduces policy interest rates (Category: Breaking News)
- Demand for imports in Sri Lanka continues to remain subdued (Category: Breaking News)
- Central Bank decides to continue with tight monetary policy (Category: Breaking News)
- President orders review of Central Bank salary increase (Category: Breaking News)
[…]The post Sri Lanka’s Proposed Internet Law Threatens Upcoming Elections appeared first on Colombo Telegraph.
- Tamils Detained For Commemorating War Dead: 9 Held Under Abusive PTA (Category: Breaking News)
- Wickremesinghe Govt. Continues To Repress Freedoms Of Expression & Pursue Policies Against Minor... (Category: Breaking News)
- Sri Lanka: IMF / World Bank – Systemic Reforms Needed (Category: Breaking News)
- Sri Lankan Govt. Should Withdraw Draft ‘Rehabilitation’ Law: Human Rights Watch (Category: Breaking News)
Mr. Sagala Ratnayaka, the President’s Senior Adviser on National Security and Chief of the Presidential Staff, emphasized today (23) at the Presidential Secretariat that President Ranil Wickremesinghe’s effective economic initiatives have fostered trust in the Sri Lankan economy on the global stage
- Trump signs sweeping stimulus measure after bipartisan appeals (Category: USA, North Dakota)
- Trump signs sweeping stimulus measure after bipartisan appeals (Category: USA, North Dakota)
- Trump signs sweeping stimulus measure after bipartisan appeals (Category: USA, North Dakota)
- Trump signs sweeping stimulus measure after bipartisan appeals (Category: USA, North Dakota)
have fostered trust in the Sri Lankan economy on the global stage. He highlighted the President’s commitment to...
- In video, President Trump recycles unsubstantiated voter fraud claims (Category: USA, Nebraska)
- In video, President Trump recycles unsubstantiated voter fraud claims (Category: USA, Maryland)
- In video, President Trump recycles unsubstantiated voter fraud claims (Category: USA, New Hampshire)
- In video, President Trump recycles unsubstantiated voter fraud claims (Category: USA, Mississippi)
Sri Lanka's central bank kept interest rates steady on Tuesday, in line with market expectations, forgoing a rate cut as a new tax threatened upward pressure on expenses and fuelled concerns about inflation.The post Sri Lanka central bank keeps policy rates unchanged to tame inflation appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka unexpectedly cuts rates by 250 bps as inflation eases (Category: Breaking News)
- Central Bank of Sri Lanka threatens administrative measures over high market interest rates (Category: Breaking News)
- Sri Lanka central bank to consider a single policy rate mechanism (Category: Breaking News)
- Sri Lanka Central Bank further reduces policy rates (Category: Breaking News)
A press release issued by the Central Bank of Sri Lanka states that the Monetary Policy Board of the CBSL, at its meeting held on 22 January 2024, decided to maintain the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) of the Central Bank at their current levels of 9.00 per […]
- Words of Wisdom (Category: Business)
- On the move: D. Kapua‘ala Sproat, Bryan Andaya (Category: USA, Hawaii)
- On the move: D. Kapua‘ala Sproat, Bryan Andaya (Category: USA, Hawaii)
- On the move: D. Kapua‘ala Sproat, Bryan Andaya (Category: USA, Hawaii)
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)
President Ranil Wickremesinghe addressing the 3rd South Summit of the Group of 77 and China on Sunday (21) in Kampala, Uganda, highlighted the numerous challenges the world faces, such as conflicts, pandemic repercussions, climate disasters and financial market uncertainties. The President also emphasized the disproportionate impact on vulnerable G77 economies. He stressed the urgency of […]
- President emphasizes immediate reforms in global financial structure (Category: Breaking News)
- President meets state leaders during the 3rd “G77 and China” Global South Summit (Category: Breaking News)
- President in New York to attend UN General Assembly (Category: Breaking News)
- G-77 summit: President RW calls for earmarking 1% of GDP for R&D over a decade (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)
ECONOMYNEXT –Sri Lanka’s economy is starting to recover under a stabilization program, and further progress has to be made on debt restructuring while monetary policy decisions have to be prudent to keep inflation down, an International Monetary Fund official has said. “A swift completion
[…]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)
- 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)
- Elections Season & JVP/SJB Options (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)
Although Sri Lanka s macro economy is gradually stabilizing, the country s economic recovery process is still in the infancy level and has yet to reach the broader population, says Peter Breuer, the Senior Mission Chief of the International Monetary Fund (IMF) to Sri Lanka.
At a discussion at the World Economic Forum (WEF) stakeholder dialogue titled ‘Pulling back from the brink,’ held in Kurpark Village, Aspen, President Ranil Wickremesinghe outlined short-term strategies aimed at revitalizing Sri Lanka’s economy. Emphasizing tourism promotion, agricultural
- Huge Landslide victory to UPFA with over 55 percent of the votes cast (Category: Breaking News)
- President Ranil Wickremesinghe submits draft of ‘Defence Review – 2030’ to the Cabinet (Category: Breaking News)
- Full Text of State Dept. briefing on President Mahinda Rajapaksa's visit to US (Category: Breaking News)
- Sri Lanka’s long-awaited National Evaluation Policy finally commences after seven years (Category: Breaking News)
Pakistan’s Caretaker Prime Minister Anwaar-ul-Haq Kakar met President Ranil Wickremesinghe on Tuesday at the sidelines of the World Economic Forum summit in Davos. A news story published by the Arab News said: Kakar arrived in Switzerland on Sunday to attend the 54th WEF summit, where he is scheduled to attend three thematic events and also […]
- President Ranil leaves for Cuba to attend G77+China summit (Category: Breaking News)
- World Green Summit Rio+20 begins today (Category: Breaking News)
- 55th Summit of ADB to be held in Sri Lanka (Category: Breaking News)
- G-20 summit opens with calls for united response to pandemic (Category: Breaking News)
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