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Businessman Dhammika Perera’s name has been gazetted as a Member of Parliament from the Sri Lanka Podujana Peramuna (SLPP). SLPP’s General Secretary Sagara Kariyawasam said Dhammika Perera’s name had been proposed to the Election Commission to fill the National List seat in Parliament made vacant following the resignation of former Finance Minister Basil Rajapaksa. Perera […]
Customers are sending questionaries to exporters on a daily basis inquiring about the country's situation.
The United Nations team in Sri Lanka and non-governmental organisations launched a joint Humanitarian Needs and Priorities (HNP) Plan today, calling for US$47.2 million to provide life-saving assistance to 1.7 million people worst-hit by the economic crisis over a four-month period, from June
Sri Lanka is compelled to depend on other countries to manage the impacts of economic crisis.
Wickremesinghe is on the spotlight for his performance after accepting Prime Minister post unconditionally.
Business tycoon and one of the most wealthiest people in Sri Lanka, Dhammika Perera, is tipped to enter Parliament. He is likely to replace former Finance Minister Basil Rajapaksa who is set to resign from his MP seat tomorrow. Dhammika Perera will enter Parliament through the National List of the Sri Lanka Podujana Peramuna (SLPP). […]
Prime Minister Ranil Wickremesinghe has warned that the next three weeks will be tough for Sri Lanka. Speaking in Parliament today, the Prime Minister said that the public must use fuel and gas as carefully as possible. He also said that unessential travel should be limited as much as possible. “Therefore, I urge all citizens […]
Foreign expatriates have stopped sending money through banking channels as black market gives them more rupees.
SLC expects a considerable collection from ticket sales
Says guidance rate has reduced volatility
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Money printing creates forex and fuel shortages
Sri Lanka's rice production has dropped by around 40 percent due to fertilizer ban.
Sri Lanka is facing food shortage due to President Rajapaksa's fertilizer ban and dollar shortage
Central bank has run out of reserves and is guidance rate
crisis with a shortage of US Dollars causing great hardships across the country. As […]
The Government is targeting US $5bn this year for repayments, plus a further US $1bn to bolster the country’s reserves, Prime Minister Ranil Wickremesinghe said today. The Prime Minister, during a meeting today with representatives from the Joint Chambers, elaborated that discussions with the IMF are proceeding and he was hopeful that negotiations would conclude […]
[…]The post Changing Pillows To Cure Headaches: Politicians—Constitutional Amendment Mess appeared first on Colombo Telegraph.
France has gifted Sri Lanka anesthetics and respiratory medications worth 300,000 Euros
The Philippines says it is ready to evacuate its nationals employed in Sri Lanka, owing to the economic crisis. Malacañang, the Philippines President’s Office, said that it has advised overseas Filipino workers (OFWs) who are seeking repatriation from Sri Lanka to get in touch
They brought the proposal (in 2020) that Financial Advisors have to be appointed to make debt sustainable.
Lack of jet fuel in Colombo forces SriLankan, other airlines to refuel in other airports
“What the international community is looking for is long-term policy credibility and sustainability."
Normal and expected levels in the Port of Colombo, despite the economic and political crisis
Experts say, “The lack of cooperation by Beijing would complicate the debt recovery journey of Sri Lanka”. The magnitude of the economic crisis that Sri Lanka is facing has reached catastrophic proportions. The whole world is astounded by the rampant mismanagement beyond the comprehension
Motorists around the country have queued for fuel, but the government was unable to supply.
Cabraal has been prevented leaving the country from April 7
Protests demanding the resignation of President Gotabaya Rajapaksa continue around the island.
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