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India and Sri Lanka have failed to reach an agreement on fee payments for RuPay transactions, Live Mint reported. According to Live Mint, India is keen to launch RuPay services in Sri Lanka, which would make it easier for businesses in both countries to benefit from tourists using the RuPay card. However, according to persons […]
The Asian Development Bank (ADB) has approved a $100 million loan to provide small and medium-sized enterprises (SMEs) in Sri Lanka more access to finance and build their resilience to external shocks, such as the economic crisis and climate change. “SMEs play a critical role in Sri Lanka’s economy
The Asian Development Bank (ADB) has approved a $100 million loan to provide small and medium-sized enterprises (SMEs) in Sri Lanka more access to finance and build their resilience to external shocks, such as the economic crisis and climate change.The post ADB approves $100 million loan to support SMEs in Sri Lanka appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
[…]The post Elections & The Economy appeared first on Colombo Telegraph.
[…]The post Ranil’s Distortion Of Facts About The Sri Lankan Political Scenario In 1977 appeared first on Colombo Telegraph.
Video: Sri Lanka’s economy recedes by 2.3% in 2023 (English)
Sri Lanka’s economy expanded for a second straight quarter as industrial activity picked up pace, buoyed by an International Monetary Fund bailout and lower interest rates.The post Sri Lanka’s economy expands for a second straight quarter appeared first on ONLANKA - Sri Lanka Latest Breaking
Sri Lanka s economy expanded for a second straight quarter as industrial activity picked up pace, buoyed by an International Monetary Fund bailout and lower interest rates.
State Minister of Home Affairs, Ashoka Priyantha, said on Friday (March 15) that interviews for the recruitment of Grama Niladhari officers for 2002 vacant Grama Niladhari Divisions are currently underway.The post 2002 Grama Niladhari officers set to be appointed before end of April appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
US prosecutors have widened their probe of India’s Adani Group to focus on whether the company may have engaged in bribery as well as the conduct of the company’s billionaire founder, according to people with direct knowledge of the matter. Investigators are digging into whether an Adani entity, or people linked to the company including Mr […]
[…]The post A Leap Of Faith Awaits appeared first on Colombo Telegraph.
significantly to bolstering the national economy. The President further requested active participation ...
Friday 15th March, 2024 The JVP turned down President Ranil Wickremesinghe’s invitation to a meeting with the IMF, but some of its senior members met a visiting IMF delegation yesterday in Colombo perhaps as part of its strategy to gain political mileage. Whoever would have thought, a decade or so ago, that the JVP leaders […]
[…]The post Gender Equality, Empowerment Of Women & The JVP appeared first on Colombo Telegraph.
President Ranil Wickremesinghe stressed the need to expand the tourism industry beyond coastal areas to strengthen the country’s economy. He highlighted the significance of the South in driving tourism promotion within the country, particularly outlining plans to develop Galle into a major tourist
By Hiran H. Senewiratne The Sri Lankan economy has shown some consolidation in the last several months and its financial sector should be smart when making decisions to harness its potential in order to become a financial hub in the region, a top financial services professional said. “Sri
Sri Lanka: Repression of Civic Space Threatens Financial Reform The International Monetary Fund (IMF) should urge Sri Lanka’s government to abandon draft legislation that would severely curtail civil society and jeopardize the IMF’s programme in the country, Human Rights Watch said in a letter to the IMF that was released on Tuesday (12). The proposed […]
Thursday 14th March, 2024 President Ranil Wickremesinghe has embarked on an ambitious mission to have Artificial Intelligence (AI) taught in schools. This is something long overdue. The importance of preparing Sri Lankan students for future challenges and modernising the education system to align it with job market requirements, etc., cannot be overstated. However, before trying […]
The International Monetary Fund (IMF) should urge Sri Lanka’s government to abandon draft legislation that would severely curtail civil society and jeopardize the IMF’s program in the country, Human Rights Watch (HRW) said in a letter to the IMF that was released on Tuesday (March 12).The post Human Rights Watch urges IMF to oppose laws restricting freedom in Sri Lanka appeared first on ONLANKA - ...
Pakistan’s newly-elected President Asif Ali Zardari on Tuesday announced that he would not draw any salary during his tenure as part of his bid to help the cash-strapped country face the challenging economic hardship.The post Pakistan’s new president Asif Ali Zardari decides to forgo salary appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
The International Monetary Fund (IMF) should urge Sri Lanka’s government to abandon draft legislation that would severely curtail civil society and jeopardize the IMF’s program in the country, Human Rights Watch said in a letter to the IMF that was released, Wednesday. The proposed Non-Governmental Organizations (Registration and Supervision) Act is among several recent and […]
[…]The post Nandalal Weerasinghe’s Wages Of Sin appeared first on Colombo Telegraph.
[…]The post IMF Should Oppose Restrictions On Freedom of Expression & Civil Society Groups: HRW appeared first on Colombo Telegraph.
The groundbreaking ceremony for the Business Centre at the Colombo Port City took place yesterday morning with the participation of Prime Minister Dinesh Gunawardena and Chinese Ambassador Qi Zhenhong. The 120,000 sq.ft. Business Center will be completed by the third quarter of 2024 and will consist of many modern facilities. Addressing the gathering, Premier Gunawardena […]
[…]The post When I Become The President appeared first on Colombo Telegraph.
The Cabinet of Ministers granted approval to the proposal submitted by the President in his office as the Minister of Finance, Economic Stabilization and National policies to impose import and export control (Standardization and Quality Control) regulations 2024 under the Import and Export Control Act No. 1 of 1969 by repealing the Import and Export […]
By N Sathiya Moorthy The most disconcerting aspect of former President Gotabaya Rajapaksa’s book, ‘The Conspiracy to Oust Me’, released recently, is not about what the book says or does not say. Instead, it is about the absence of a formal book-launch function, like the one, his chosen Defence Secretary, Gen. Kamal Gunaratne, had organised […]
Peter Breuer, Chief of IMF Mission to Sri Lanka has claimed that the Sri Lankan economy is showing signs of progress. The monetary and fiscal measures like tax increases and particularly the debt moratorium may have resulted in giving some breathing space for the country to recover from the period
[…]The post The Menace Of Political Nepotism: Sri Lanka’s Downfall appeared first on Colombo Telegraph.
[…]The post Conspiracy There Was, In Enthroning Gota; Not In Dethroning Him! appeared first on Colombo Telegraph.