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President Ranil Wickremesinghe on Thursday (22) instructed relevant officials to formulate a report with inputs from all government agencies on the resolution of land problems in Nuwara Eliya district before February 04. Addressing the Nuwara Eliya District Development Committee, President Wickremesinghe said urgent solutions should be given to the land problems of the people without […]
State Bank India (SBI) will start overseas trade in rupee with smaller countries like Mauritius and Sri Lanka to steer clear of any transactions with Russia which carries the risk of sanctions by the West. “As far as rupee trade with smaller nations is concerned, the RBI has allowed
India’s rupee trade settlement mechanism, a means of using rupees instead of dollars and other big currencies for international transactions, is attracting interest from more countries.The post Indian Central Bank approves five ‘vostro’ accounts for Sri Lanka appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
India has approved a special ‘vostro’ account for Sri Lanka, a means of using rupees instead of dollars for international transactions. According to Reuters, Sri Lanka had shown interest in the mechanism and the special vostro accounts have been approved by the Reserve Bank of India (RBI). The Reuters report said that Tajikistan, Cuba, Luxembourg […]
Russian Ambassador to Sri Lanka, Levan Dzhagaryan met with Minister of Power and Energy Kanchana Wijesekera this morning (15 Dec).
We are headed towards a fully digitized world. While this may seem ideal during the age of perpetual technological revolutions, the transformation is not without its consequences. The landscape for cyber threats has been steadily expanding in no small part due to cyber criminals being as ambitious and entrepreneurial as ever. The sophistication of the […]
By Easwaran Rutnam Italy has sought Sri Lanka’s support in its bid to secure the rights to host the 2030 Expo in Rome. Russia, South Korea, Italy, Ukraine, and Saudi Arabia have submitted bids to hold the prestigious event. Gaetano Castellini Curiel, the Deputy Coordinator of the campaign
President Ranil Wickremesinghe said that the country has had to face adverse repercussions today due to the short sighted popular decisions taken in the past and unpopular decisions have had to be taken for the future prospects of the country.The post Unpopular decisions have to be taken for the future benefit of the Country – President appeared first on Sri Lanka News - Latest Breaking News...
Months into Russia’s invasion of Ukraine, it is becoming increasingly clear that the latter’s traumas would not end any time soon. Nor is the invader registering any notable gains from its fatal decision to annex Ukraine by armed means and might. However, it’s abundantly clear that the destabilizing economic consequences for the world from the […]
Sandya Ekneligoda, a human rights activist and wife of missing journalist Prageeth Ekneligoda has made it to BBC’s 100 women of 2022.The post Human rights activist Sandya Eknaligoda named among world’s 100 top influential women 2022 appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
Russian Ambassador to Sri Lanka Yuri Materiy met the State Minister of Defence Premitha Bandara Tennakoon today (December 05) at the State Ministry of Defense located at the Disaster Management Centre premises in Colombo.The post Russian Ambassador to Sri Lanka meets State Minister of Defence appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
[…]The post Budget 2023: A Depth Or Dearth appeared first on Colombo Telegraph.
“They may be knifed or their lives threatened” ECONOMYNEXT – Tourists from Russia and Ukraine who are staying in houses in Sri Lanka for long periods are engaging in business activities and should be taxed to prevent them being knifed by competitors, SLPP MP Chandima Weerakkody told
[…]The post An Unstable & Unusual New World: Survival Strategies For Lanka appeared first on Colombo Telegraph.
Sri Lanka’s Colombo city is among the world's least expensive cities to live in according to the annual Economist Intelligence Unit (EIU) survey.The post Sri Lanka’s Colombo city among world’s least expensive cities to live appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
People’s Bank recently entered into an agreement with the National Investment Industrial Bank in Russia to facilitate anovel remittance mechanism that enables efficient and convenient fund transfers from Russia to accounts in Sri Lanka. According to this arrangement, beneficiaries in Sri Lanka
[…]The post Erosion & Climate Change: Sri Lanka Is Adrift In The Indian Ocean appeared first on Colombo Telegraph.
The meet between US President Joe Biden and Chinese President Xi Jinping in the run-up to the recent Bali summit of the G20 countries has almost overwhelmingly attracted world attention and this is only to be expected, considering the importance to the world of the principal issues in US-China relations. However, of equal importance ought […]
Sri Lanka, India and several other countries abstained from voting on a draft resolution approved by the UN General Assembly that recognised that Russia must be responsible for making reparations to Ukraine.The post Sri Lanka, India abstain on UN resolution calling on Russia to make reparations
PALM BEACH, Fla. - Donald Trump, the only president impeached twice, launched a campaign to reclaim the Oval Office on Tuesday, two years after voters ousted him and a week after they rejected his hand-picked candidates in several pivotal Senate races.The post Former President Donald Trump launches 2024 presidential campaign appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ON...
Sri Lanka abstained from voting on a resolution at the UN General Assembly that calls for Russia to pay war reparations to Ukraine. India, Bangladesh, Bhutan, Brazil, Egypt, Indonesia, Israel, Nepal, Pakistan, South Africa and Sri Lanka were among the countries that abstained. The UN
Sri Lanka President Ranil Wickremesinghe reiterated that whatever superpower enters the Indian Ocean, there should not be any threat to India.The post There shouldn’t be any threat to India despite presence of any superpower enter Indian Ocean – President appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
By MAHADIYA HAMZA ECONOMYNEXT – Sri Lanka’s tourism revival is facing a challenge in bringing in more high spending foreign visitors due to increasing protests locally while monetary tightening, impacts of Russian invasion into Ukraine, and rising inflation globally.The move is likely to slow the island nation’s recovery from the unprecedented economic crisis as it is […]
[…]The post Lula’s Slender Congressional Majority; Time To Mobilise! appeared first on Colombo Telegraph.
Sri Lanka President Ranil Wickremesinghe told the Parliament on Thursday (November 10) Sri Lanka won’t have a major issue with food security during next year, hopefully.The post Sri Lanka won’t have a major issue with food security during next year – President appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
We Sri Lankans seem to have a couple of character traits reposing in most persons, more particularly the Sinhalese, which seem never to die off. They are harboured across the board from the filthy rich to the disadvantaged and often exhibited in-country. One is short memories; two others are rank selfishness and dishonesty, yet another […]
Bankrupt Sri Lanka is caught up in a China-US battle. The situation has been further complicated by India, Japan and Australia becoming part of the US-led military alliance meant to counter China. The US-led grouping is hell-bent on enhancing its influence in Colombo as both parties woo lawmakers. Recent declaration by the ruling party that […]
[…]The post Need To Restrain The Power Of Shadow Finance appeared first on Colombo Telegraph.
. Petersburg, Russia. (Colombo Gazette)
Russian President Vladimir Putin has ordered the Government of Russia to increase the number of flights between Russia and friendly states, according to the Russian Embassy in Sri Lanka.