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Market sees continuous net foreign buying in the last 10 sessions
- Sri Lanka bourse slips ahead of policy rates, IMF (Category: Breaking News)
- Sri Lanka shares fall on profit taking (Category: Breaking News)
- Sri Lanka stocks gain for third straight session led by market heavyweights (Category: Breaking News)
- Sri Lanka sells Rs127bn in bonds, 2032 on tap at 30.09-pct (Category: Breaking News)
Special Envoy of President Ranil Wickremesinghe to the Kingdom of Saudi Arabia, Environment Minister Naseer Ahamed had proposed to Saudi government to seek a five year credit line of US $ 6 billion per year for the supply of fuel on a government to government basis, as a long term solution to Sri
- Sri Lanka seeks to boost ties with Saudi Arabia and Gulf nations (Category: Breaking News)
- NEOM offers Sri Lankan workers ‘lifetime opportunity,’ minister says (Category: Breaking News)
- Sri Lanka to OK Sinopec’s $4.5 billion refinery proposal on Monday – minister (Category: Breaking News)
- India extends USD 1 Billion Credit Line for Sri Lanka until March 2024 (Category: Breaking News)
Day's turnover hits over 7-month high; foreign inflows hit highest in 3 years
- Sri Lanka shares slip over 2-pct in mid-day trade (Category: Breaking News)
- Sri Lanka stocks fall for third straight session; net foreign inflow hits over 3-yr high (Category: Breaking News)
- Sri Lanka shares end at new over 5-month peak in high turnover helped by Expolanka (Category: Breaking News)
- Sri Lanka shares plunge in mid-day trade on Lanka IOC, Expolanka (Category: Breaking News)
Market saw net foreign outflow for the 1st time in 16 straight sessions.
- Sri Lanka stocks gain on financials; Sampath Bank leads (Category: Breaking News)
- Sri Lanka shares fall on profit taking (Category: Breaking News)
- Sri Lanka bourse edges up after three-session fall amid continued foreign inflow (Category: Breaking News)
- Sri Lanka stocks gain for third straight session led by market heavyweights (Category: Breaking News)
Sri Lanka will not accept any international investigation imposed by the U.N. Human Rights Council into alleged rights abuses during the country’s long civil war, an official said Monday.The post Sri Lanka refuses international human rights investigation appeared first on ONLANKA News :. Sri Lanka Latest Breaking News Updates - Sri Lanka News.
- U.N. presses Sri Lanka to advance human rights amid economic crisis (Category: Breaking News)
- Europe Calls for an investigation (Category: Breaking News)
- UNHRC cannot dictate on economic reforms in Sri Lanka – Foreign Minister (Category: Breaking News)
- HRCSL orders IGP to submit report on police tear gassing NPP protesters in Colombo (Category: Breaking News)
An LOLC merger speculation helps gain
- Sri Lanka shares slip over 2-pct in mid-day trade (Category: Breaking News)
- Sri Lanka shares fall over 1.5% in mid-day trade (Category: Breaking News)
- Sri Lanka shares fall in mid-day trade; liquid index down 1-pct (Category: Breaking News)
- Sri Lanka stocks gain near 4-pct in first hour (Category: Breaking News)
Sri Lanka’s ousted President Gotabaya Rajapaksa, who returned home after seven weeks in exile following protests over economic hardships, could face legal action over forced disappearances of activists now that he has been stripped of constitutional immunity, a lawyer said. Rajapaksa flew to Colombo around midnight Friday from Thailand and was escorted under military guard […]
- Air Force evacuates President Rajapaksa to Maldives (Category: Breaking News)
- MR sees foreign hand in economic crisis (Category: Breaking News)
- President declares State of Emergency (Category: Breaking News)
- SLPP demands protection for Gotabaya (Category: Breaking News)
(PTI) The IMF chief Kristalina Georgieva yesterday (4) said she is pleased the Washington-based lender and the Sri Lankan government have reached a staff-level agreement to provide about $2.9 billion to help the bankrupt country, terming the deal as an “important step forward.” The International Monetary Fund (IMF) on Thursday announced that it will provide […]
- Sri Lanka to brief creditors on IMF deal for economic recovery (Category: Breaking News)
- Lanka awaiting assurances from India, China, says Central Bank Governor (Category: Breaking News)
- IMF says 2.9bn loan bailout for Sri Lanka tied to debt relief from bilateral creditors (Category: Breaking News)
- Lanka crisis would deepen if creditors disagree, IMF says amid China concerns (Category: Breaking News)
Sri Lanka’s High Commissioner in New Delhi, Milinda Moragoda, has declared that the preliminary agreement with the International Monetary Fund (IMF), under which Sri Lanka could receive $2.9 billion to tackle the ongoing economic crisis, is a “first step” in the long haul of economic recovery, but would provide the country and investors “confidence” to […]
- SL must restructure debt and ease import restrictions by year end says Morgoda (Category: Breaking News)
- Milinda: Sri Lanka should stabilise economy, relax import restrictions (Category: Breaking News)
- Sinhala translation of Quran presented to Bharain Ambassador (Category: Breaking News)
- Moragoda and ICCR Prez review Indo-Lanka cultural relations (Category: Breaking News)
[…]The post Child’s Guide To How Ranilnomics Should Be Designed & Implemented appeared first on Colombo Telegraph.
- Child’s Guide To Ranilnomics: Actual Tax Payment Is Not What One Pays Today (Category: Breaking News)
- Child’s Guide To Ranilnomics: Need Is Going For IMF Plus (Category: Breaking News)
- Child’s Guide To Ranilnomics: Don’t Ignore The Message Delivered By IPS SOE22 (Category: Breaking News)
- Child’s Guide To Ranilnomics: Buddha’s Prescriptions On Governance (Category: Breaking News)
China’s accelerating pace of its nuclear buildup could enable it to have up to 700 deliverable nuclear warheads by 2027, according to a report released by the US Department of Defense. The report stated that China could plan to have at least 1,000 warheads by 2030, exceeding the US initial projection in 2020. “The PRC […]
- Policy decision taken to switch to nuclear energy (Category: Breaking News)
- China-Japan tensions flare up over maritime disputes (Category: Breaking News)
- 1,000 MT of rice donated by China arrives in Sri Lanka (Category: Breaking News)
- China’s security pact with Solomon Islands sends shivers down western nations’ spine (Category: Breaking News)
Sri Lanka’s former president, Gotabaya Rajapaksa, who fled the country in July after tens of thousands of protesters stormed his home and office in a display of anger over the country’s economic crisis, has returned to the country after seven weeks.The post Sri Lanka’s ousted president Gotabaya Rajapaksa returns home after fleeing appeared first on ONLANKA News :. Sri Lanka Latest Breaking N...
- Sri Lanka’s ruling party asks new president to help with ex-leader Rajapaksa’s return (Category: Breaking News)
- Gotabaya Rajapaksa will return to Sri Lanka (Category: Breaking News)
- Sri Lanka’s ousted president expected to go to Thailand (Category: Breaking News)
- Gotabaya Rajapaksa concludes holiday in Dubai and returns to Sri Lanka (Category: Breaking News)
[…]The post End Casino Capitalism: Sri Lanka To Join The Global Minimum Tax Agreement appeared first on Colombo Telegraph.
- Need To Restrain The Power Of Shadow Finance (Category: Breaking News)
- Liberal Or Edible Economics: Global Disorder Worst In A Century (Category: Breaking News)
- Privatisation Of Public Assets Under Neoliberal Corporate Capitalism: Modern Evil (Category: Breaking News)
- What Is To Be Done? – Anura Kumara Dissanayake (Category: Breaking News)
IMF statement is seen as positive for the stock market.
- Bourse up on strong earnings; Rupee weaker (Category: Business)
- Sri Lanka stocks gain for third straight session led by market heavyweights (Category: Breaking News)
- Sri Lanka Nestlé unit’s profit up 34% amid net financial expenses jump (Category: Breaking News)
- Sri Lanka’s NTB profits down 12-pct in March quarter (Category: Breaking News)
[…]The post Sri Lanka’s First Firm Steps At Economic Reforms appeared first on Colombo Telegraph.
- Sri Lanka: Strategizing Economic Recovery (Category: Breaking News)
- BRI Dynamics & Politics Of Cabinet Reshuffle (Category: Breaking News)
- Sri Lanka: Surviving The 75th Year Of Independence (Category: Breaking News)
- Charting A New Beginning? (Category: Breaking News)
Sri Lankan President Ranil Wickremesinghe said that this is an important step in the history of Sri Lanka. “Not only rising from the bankruptcy crisis and the debt moratorium, it is also key to ensure that our social sectors are protected and both our economic and social aspect of our lifestyle will certainly not have any further setbacks.”The post This to be the Beginning of a New Economic Era ...
- IMF and Sri Lanka reaches Staff-Level Agreement for US$ 2.9 Billion Programme (Category: Breaking News)
- President says IMF deal beginning of a new economic era (Category: Breaking News)
- Sri Lankan President Ranil Wickremesinghe needs to end crackdown – Human Rights Watch (Category: Breaking News)
- Despite signs of stabilization, full economic recovery not yet assured – IMF Mission (Category: Breaking News)
"Investors expect the economy to recover sooner than later."
- Sri Lanka shares fall on profit taking (Category: Breaking News)
- Sri Lanka stocks gain on financials; Sampath Bank leads (Category: Breaking News)
- Sri Lanka’s Sampath Bank’s Profit down by 4.9-pct (Category: Breaking News)
- Sri Lanka bourse edges up after three-session fall amid continued foreign inflow (Category: Breaking News)
International Monetary Fund (IMF) mission led by Mr. Peter Breuer and Mr. Masahiro Nozaki visited Colombo from August 24 to September 1, 2022 to continue discussions on IMF support for Sri Lanka and the authorities’ comprehensive economic reform program.The post IMF and Sri Lanka reaches Staff-Level Agreement for US$ 2.9 Billion Programme appeared first on ONLANKA News - Latest Breaking News in Sr...
- Sri Lanka gives China deal details, keeping IMF aid on track (Category: Breaking News)
- This to be the Beginning of a New Economic Era – Sri Lanka President (Category: Breaking News)
- Sri Lankan President Ranil Wickremesinghe needs to end crackdown – Human Rights Watch (Category: Breaking News)
- Official Creditor Committee confirms debt treatment deal with Sri Lanka (Category: Breaking News)
The International Monetary Fund (IMF) has reached a staff-level agreement to support Sri Lanka’s economic policies with a 48-month arrangement under the Extended Fund Facility (EFF) of about US$ 2.9 billion. The objectives of Sri Lanka’s new EFF supported program are to restore macroeconomic stability and debt sustainability, while safeguarding financial stability, protecting the vulnerable,...
- IMF chief says debt situation in Sri Lanka no longer sustainable (Category: Breaking News)
- President holds talks with diplomats on debt restructuring (Category: Breaking News)
- IMF chief pleased with deal reached to support Sri Lanka (Category: Breaking News)
- IMF seeks to expand donor coordination to countries like Sri Lanka (Category: Breaking News)
.Has to restructure debt, do more prior actions
- SRI LANKA RECEIVES IMF EXECUTIVE BOARD APPROVAL FOR THE EXTENDED FUND FACILITY (EFF) ARRANGEMENT (Category: Breaking News)
- Govt. ponders domestic debt optimisation operation (Category: Breaking News)
- Paris Club provides financing assurances to IMF on Sri Lanka (Category: Breaking News)
- Sri Lanka’s Paris Club creditors ready to start debt talks (Category: Breaking News)
[…]The post Failed Economy: Bribery & Corruption To Maintain Power appeared first on Colombo Telegraph.
- Lack of Common Sense Of A Time-Expired President (Category: Breaking News)
- Downward Spiralling Economy: Increased Govt Spending & Reduced Revenue (Category: Breaking News)
- Taking Dictatorial Steps To Control Public Sri Lanka (Category: Breaking News)
- Corruption & Lack Of Common-Sense; Presidential Brutalities (Category: Breaking News)
Wickremesinghe is budgeting in a sea of monetary instability
- Sri Lanka tax revenues grow 29-pct up to May amid inflation (Category: Breaking News)
- Sri Lanka’s tragedy and the lost wisdom of D S Senanayake on money printing (Category: Breaking News)
- Sri Lanka banks cut foreign borrowings, see more deposit dollarization (Category: Breaking News)
- Sri Lanka plans to cut deficit to 6.8-pct of GDP in 2023 (Category: Breaking News)
Sri Lankan President Ranil Wickremesinghe has started presenting the Interim Budget Speech 2022 at 01:03 PM today (August 30).The post Sri Lanka’s Interim Budget Speech 2022 appeared first on ONLANKA News - Latest Breaking News in Sri Lanka - Sri Lanka News.
- Sri Lanka’s Budget Speech 2024 (Category: Breaking News)
- Sri Lanka’s Budget Speech 2023 (Category: Breaking News)
- Contributory pension scheme for those joining state sector after 2016 – Prime Minister (Category: Breaking News)
- Rs.500M for healthcare improvement (Category: Breaking News)
By N Sathiya Moorthy After a steep, 75-per cent hike in power-tariffs, the government has now announced increased charges for water and drainage charges. Though brought down after a steeper increase at the peak of fuel-shortage, the transport fares
- Ranil leading talks to form all-party Government (Category: Breaking News)
- Cabinet to resign after agreement reached on all-party Government (Category: Breaking News)
- Government to provide free food to 10% of the population (Category: Breaking News)
- President wants uninterrupted power (Category: Breaking News)
[…]The post War On China? – VI: India & The US: Forward Policy & The Brzezinskian Project appeared first on Colombo Telegraph.
- War On China? – III: Pivot To East (Category: Breaking News)
- To Be Or Not To Be (A US Military Base) (Category: Breaking News)
- Two Challenges: Economic Recovery, Political Devolution – II (Category: Breaking News)
- Sri Lanka’s Past Is Prologue For China (Category: Breaking News)
By Haroon Janjua Despite gaining independence 75 years ago, Pakistan has yet to rid itself of economic and political crises. As Pakistan marks 75 years of independence this weekend, Islamabad has not planned any special events, aside from a flag-raising ceremony, a fireworks display in the capital and the introduction of a new 75 rupee […]
- Pakistan’s top judge plays down coup talk (Category: Business)
- Pakistan’s Imran Khan: Playboy cricketer to PM? (Category: Business)
- Dominant issue in Pakistan politics: Who will be next Army chief? (Category: Breaking News)
- Zardari returns to Pakistan amid memo saga (Category: Business)
Sri Lanka is urging China to dramatically change its stance on debt relief, President Ranil Wickremesinghe told Nikkei Asia in an exclusive interview, conceding that reaching a deal will be no simple task. The appeal to China, the bankrupt Indian Ocean nation’s largest bilateral lender, has emerged as a formidable challenge to Wickremesinghe, who is […]
- India’s response to debt restructuring request expected by Jan end: SL (Category: Breaking News)
- Sri Lanka to discuss debt restructuring with China (Category: Breaking News)
- Ranil tells China countries must refrain from provocation (Category: Breaking News)
- Cabinet discusses India’s concerns on Chinese “spy ship” (Category: Breaking News)
Sri Lanka is urging China to dramatically change its stance on debt relief, President Ranil Wickremesinghe told Nikkei Asia in an exclusive interview, conceding that reaching a deal will be no simple task.The post Sri Lanka urges China to change tune on debt appeared first on ONLANKA News :. Sri Lanka Breaking News Updates - Latest News in Sri Lanka.
- Sri Lanka asks China for help with trade, investment and tourism (Category: Breaking News)
- Sri Lanka President says China’s assurances to restructure Sri Lanka’s debt received and forward... (Category: Breaking News)
- China’s Xi offers to help Sri Lanka; buy more of its exports (Category: Breaking News)
- Sri Lanka president urges debt relief to help green transition (Category: Breaking News)
A team from the International Monetary Fund (IMF) will meet Sri Lanka's president on Wednesday for talks to finalise a bailout package, including restructuring debt of about $29 billion, amid the nation's worst financial crisis in more than seven decades.The post IMF team to holds talks with crisis-hit Sri Lanka on debt restructuring appeared first on ONLANKA News :. Sri Lanka Breaking News Update...
- Sri Lanka’s revenue shortfall concerns IMF team – sources (Category: Breaking News)
- Sri Lanka’s talks with creditors ongoing, unaware of specific deals – IMF (Category: Breaking News)
- IMF eyes creditor assurances as it prepares Sri Lanka visit (Category: Breaking News)
- Crisis-hit Sri Lanka strikes staff-level pact with IMF on loan – sources (Category: Breaking News)
Lithium batteries remain on the banned list
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