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Sri Lanka sees toughest UNHRC resolution after continuous failure to address human rights
[…]The post Call For A May 9 Commission: Bring Gota, Mahinda & Basil Before A Parliamentary Commission appeared first on Colombo Telegraph.
September tourist arrivals have plunged to lowest in 11 months.
By Norman Palihawadane Colombo Archbishop Malcolm Cardinal Ranjith has warned that the prevailing economic crisis and increasing unemployment and food prices are accelerating malnutrition among hundred thousands of families countrywide. Addressing a ceremony at the annual get-together of the Archdiocesan Family Apostolate Service held at St Peter’s College Auditorium in Colombo, the Archbishop sai...
Crisis-hit Sri Lanka is desperately looking for tourism earning to finance its imports
Investor sentiment has turned buoyant after IMF comments
By Akitha Pereras The government had acted irresponsibly by increasing the number of ministers while country was undergoing an unprecedented economic crisis, Samagi Jana Balavegaya (SJB) national organizer Tissa Attanayake said, addressing the media in Colombo.Attanayake said that for the first time the United Nations Human Rights Council (UNHRC) was looking into economic crimes in […]
Shares have been on the rise mainly on positive sentiment after the IMF comments.
Market sees over 600 million rupees of net foreign inflow
Market saw net foreign inflow for the 18th session in the last 21.
[…]The post Government-Sponsored Terrorism In Sri Lanka appeared first on Colombo Telegraph.
The program aims to provide fertilisers up to 1 million farmers
USAID Administrator Samantha Power today announced an additional $40 million in development assistance to Sri Lanka to help farmers purchase fertilizer and other vital agricultural inputs. Power, who is currently in Sri Lanka, made the announcement after meeting farmers and discussing their issues. This assistance will support Sri Lankans as they come out of a […]
Market has seen 5.52 billion in foreign outflow in last 19 sessions
Market sees continuous net foreign buying in the last 10 sessions
Day's turnover hits over 7-month high; foreign inflows hit highest in 3 years
Market saw net foreign outflow for the 1st time in 16 straight sessions.
An LOLC merger speculation helps gain
Sri Lanka is likely to face a new resolution at the upcoming UNHRC session - diplomats
(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 […]
"Investors expect the economy to recover sooner than later."
Foreign flows into Sri Lanka stocks turned into net inflow on Wednesday
Sri Lanka and the International Monetary Fund (IMF) have reached a preliminary agreement on an emergency loan to the crisis-hit country and a formal announcement will be made on Thursday, four sources with direct knowledge of the matter said.The post Crisis-hit Sri Lanka strikes staff-level pact with IMF on loan – sources appeared first on ONLANKA News - Latest Breaking News in Sri Lanka - S...
Sri Lanka and the International Monetary Fund (IMF) have reached a preliminary agreement on an emergency loan to the crisis-hit country and a formal announcement will be made on Thursday, four sources with direct knowledge of the matter said. The island nation, struggling with its worst economic crisisin more than seven decades, had sought up […]
Market up for the first time in six straight sessions
The country is yet to see the impacts of economic crisis easing.
Sri Lanka stocks gained to four month high early this month on political stability hope
There will be selling ahead of the interim budget on August 30
ASPI lost 183 points
The main All Share Price Index (ASPI) fell 0.66%