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Sri Lanka s economy is projected to see moderate growth of 2.2% in 2024, showing signs of stabilization, following the severe economic downturn of 2022. But, the country still faces elevated poverty levels, income inequality, and labor market concerns, says the World Bank s latest bi-annual update.
[…]The post Ranil & Sajith Running Out Af Alternatives appeared first on Colombo Telegraph.
- May Day Music Miscellany: Contest Between The SJB & The NPP & The UNP-SLPP Dilemma (Category: Breaking News)
- Ranil’s Choices (Category: Breaking News)
- Ranil’s political ‘Trickonometry’ (Category: Breaking News)
- Black & White; No Shades? (Category: Breaking News)
[…]The post Conundrum Of Elections & IMF Programme appeared first on Colombo Telegraph.
- Nettles Needing To Be Grasped By Future Leaders Of Sri Lanka (Category: Breaking News)
- Regular Elections Are The Foundation Of Democratic Society (Category: Breaking News)
- Legitimacy Deficit Haunts Government (Category: Breaking News)
- Choice Of Elections Or Abolition Of Presidency (Category: Breaking News)
Sri Lanka still faces elevated poverty levels, income inequality, and labor market concerns, says the World Bank’s latest bi-annual update. The World Bank also said that Sri Lanka’s economy is projected to see moderate growth of 2.2% in 2024, showing signs of stabilization, following
- World Bank approves Sri Lanka’s access to concessional financing (Category: Breaking News)
- World Bank approves Sri Lanka’s eligibility to access concessional financing (Category: Breaking News)
- World Bank warns Sri Lanka’s economic crisis deepening (Category: Breaking News)
- World Bank approves $700 million in financing support for Sri Lanka (Category: Breaking News)
By Jehan Perera Tracing history and going back to the colonial era, President Ranil Wickremesinghe has said that despite the adverse impact of world wars and internal conflicts, Sri Lanka has steadfastly upheld its democratic value of ensuring the functioning of both the government and the opposition without interruption. The president was addressing members of […]
- Uncertainty over impending elections could risk Lanka’s economic recovery: ADB (Category: Breaking News)
- SL hopes for productive talks at IMF WB spring meetings (Category: Breaking News)
- Ranil likely to go for presidential poll first – sources (Category: Breaking News)
- IMF working with a government without a mandate – Handunnetti (Category: Breaking News)
By N Sathiya Moorthy Reports that some ex-Servicemen from Sri Lanka had died fighting on either side of the unending Ukraine war should shock the nation’s consciousness. The question is not about the how of it but the why of it all – greed or economic condition that has forced them and others still out there […]
- Can ‘National Security’ priorities wait for economic recovery? (Category: Breaking News)
- Amnesty offered for soldiers absent without leave (Category: Breaking News)
- US report says LTTE’s international network still active (Category: Breaking News)
- Hundred days on, where from here after ‘Aragalaya’ victory? (Category: Breaking News)
Somalia is keen to explore opportunities for partnerships with Sri Lanka, the President of Somalia Hassan Sheikh Mohamud said. Sri Lanka has identified potential areas of cooperation with Somalia as it lies on the crossroads of international maritime and global sea trade, providing easy access to markets in Africa, the Middle East and Europe. This […]
- Ethiopia wants to strengthen bilateral relations with Sri Lanka (Category: Breaking News)
- Kazakhstan invites Sri Lankan President to undertake an official visit (Category: Breaking News)
- Sri Lanka and Estonia successfully conclude inaugural bilateral political consultations (Category: Breaking News)
- Sri Lanka looks to enhance ties with Russia (Category: Breaking News)
[…]The post Colombo University Business Economic Summit 2024: Keynote Address appeared first on Colombo Telegraph.
- Target 2048 Requires Sri Lanka To Develop A Viable Creative Capital Base (Category: Breaking News)
- Economic Growth, National Security, And What Next For Sri Lanka (Category: Breaking News)
- Navigating The Economic Reawakening & Sustainable Growth (Category: Breaking News)
- Target 2048 – Growth Lab Experiment Should Be Converted From A Mere Wish To Ground Level Reality (Category: Breaking News)
[…]The post Politics Behind Economic Recovery appeared first on Colombo Telegraph.
- RW, IMF & The Economy (Category: Breaking News)
- IMF Economics & 13A Politics: Recipe For Unrest (Category: Breaking News)
- IMF’s Prescription: Panacea Or Palliative? (Category: Breaking News)
- Homework For NPP (Category: Breaking News)
Six turbines of the wind power plants in Mannar have been removed to keep a 2-km corridor for bird migration. There have been concerning reports of former Viyathmaga members actively acting behind the scenes to stall a critical infrastructure project, which will provide Sri Lanka with cheap renewable energy and cut our dependence on fossil […]
- Adani to complete Sri Lanka energy project by December 2024 (Category: Breaking News)
- BoI issues letter approving Adani’s renewable energy project (Category: Breaking News)
- Adani and Sri Lanka discuss progress on renewable energy project (Category: Breaking News)
- Highest energy demand recorded in Sri Lanka (Category: Breaking News)
Eighteen-year-old Vishmi Gunaratne scored her first T20I half-century as Sri Lanka levelled the three-match series against South Africa with a seven-wicket win in Potchefstroom. Gunaratne and Ksvisha Dilhari shared an unbeaten fourth-wicket stand of 76 off 46 balls to successfully chase 138 after South Africa opted to bat first under stand-in captain Nadine de Klerk. […]
- Silva, Gunaratne lead Sri Lanka A's strong reply (Category: Sports)
- Sangakkara century puts Sri Lanka on top (Category: Breaking News)
- Gunaratne picks five in drawn game (Category: Sports)
- Philander fires Proteas (Category: Breaking News)
Headline inflation for March 2024, measured by the year-on-year (Y-o-Y) change in the Colombo Consumer Price Index, has dropped sharply to 0.9 percent in March 2024 from 5.9 percent in February 2024, the Central Bank of Sri Lanka (CBSL) says. This deceleration in the headline inflation was broadly in line with the projections of the […]
- Inflation rises to 6.5 pct in January (Category: Breaking News)
- Inflation drops to 5.1 % in February (Category: Breaking News)
- Inflation of 6.9% in February comes down to 6.3 in March (Category: Breaking News)
- CBSL Governor says inflation could rise to 7% this month (Category: Breaking News)
Empower Her, Empower a Nation Empowering her is to empower a nation. Bringing its deep-rooted values to the spotlight this International Women’s Day, Siyapatha Finance PLC united together to celebrate the collective strength, power and achievement of woman and womanhood across the Island Nation. In hopes of enhancing women’s role in taking leadership, Siyapatha embarked […]
- “She is the pride of the nation” (Category: Breaking News)
- ‘National Women’s Commission’ to be established as an independent body through an Act of Parliam... (Category: Breaking News)
- Chamodi Pabodha – a star in the making (Category: Breaking News)
- Iranian women's group empowers amid pandemic by making masks (Category: USA, South Dakota)
Saturday 30th March, 2024 A police sergeant has been sentenced to four years of rigorous imprisonment and fined Rs. 20,000 for taking a bribe of Rs. 500 from a trishaw driver for not instituting legal action against the latter over a traffic violation. The case, filed by the Commission to Investigate Allegations of Bribery and […]
- Rohitha Abeygunawardena elected chair of COPE (Category: Breaking News)
- 202,562 vacancies in public sector (Category: Breaking News)
- April public sector salaries to be paid before 10 (Category: Breaking News)
- Police seek public support to arrest those who sat in President’s chair (Category: Breaking News)
Sri Lanka was optimistic about resolving its debt restructuring issues in the second quarter to secure financing from the International Monetary Fund (IMF), as external creditors are reportedly engaging positively, Bloomberg said quoting the country’s state finance minister. “We anticipate a favourable outcome,” stated state minister Shehan Semasinghe during discussions held in L...
- Bond Auction (Category: Business)
- ‘SL will implement home-grown solution’ (Category: Breaking News)
- Market Flavour (Category: Business)
- Seeking Direction (Category: Business)
Sri Lanka is hopeful it can resolve debt restructuring issues in the second quarter so it can get financing from the International Monetary Fund because external creditors are all engaging “positively,” according to the South Asian nation’s junior finance minister.The post Sri Lanka confident of meeting conditions for IMF funding soon – report appeared first on ONLANKA - Sri Lanka Latest Bre...
- Sri Lanka continued strong economic recovery says IMF (Category: Breaking News)
- IMF says Sri Lanka is doing well (Category: Breaking News)
- IMF sees Lanka as role model - Dr Amunugama (Category: Breaking News)
- IMF refutes reports on its advice to digital service tax in Sri Lanka (Category: Breaking News)
Sri Lanka has called for proposals from dealer managers to support its restructuring of some $12 billion of international bonds, the Finance Ministry said on Thursday, in a fresh sign that the island nation is closing in on finalizing its debt rework.The post Sri Lanka calls for debt-restructuring proposals from dealer managers appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Sto...
- Sri Lanka calls for debt-restructuring proposals from dealer managers (Category: Breaking News)
- Sri Lanka Government hoping to restructure $17 billion foreign debts along with local debts (Category: Breaking News)
- Sri Lanka calls for debt-restructuring proposals from dealer managers (Category: Breaking News)
- Global investors and Sri Lanka officials set for second round of Bond Restructuring talks (Category: Breaking News)
Prime Minister Dinesh Gunawardena called upon the Asian countries to rededicate themselves to building an Asia, free from poverty where prosperity is equitably shared. Addressing the BOAO Forum for Asia Annual Conference 2024 in Hainan in China, he praised China's "miraculous success story of lifting millions of people from poverty to a higher living standard under the able leadership of President...
- Development Lotteries Board Boosts Contributions to President’s Fund and Government (Category: Breaking News)
- PM Dinesh urges Asian countries to rededicate to eradicate poverty (Category: Breaking News)
- CPA meeting opens in Colombo tomorrow (Category: Breaking News)
- Industries call for transport sector reforms (Category: Business)
Prime Minister Dinesh Gunawardena called upon the Asian countries to rededicate themselves to building an Asia, free from poverty where prosperity is equitably shared. Addressing the BOAO Forum for Asia Annual Conference 2024 in Hainan in China, he praised China's "miraculous success story of lifting millions of people from poverty to a higher living standard under the able leadership of President...
- Prime Minister urges Asian countries to rededicate to building an Asia, free from poverty where ... (Category: Breaking News)
- Benefits of South Asia working together (Category: Business)
- SLPA Chief to keynote International Port Security Conference in Netherlands (Category: Business)
- Chinese Ambassador outlines numerous benefits reaped by Sri Lanka from BRI (Category: Breaking News)
in May 2022 as the economy […]
- Sri Lanka bondholders’ proposal met with Government pushback (Category: Breaking News)
- Bondholders and Sri Lanka fail to agree on restructuring terms (Category: Breaking News)
- Sri Lanka could benefit from debt-for-nature swap (Category: Breaking News)
- JICA will not fund projects in Sri Lanka until debt restructured (Category: Breaking News)
The bodies of two people have been recovered from a red pickup truck, which was under water where the Baltimore bridge collapsed. Eight construction workers were on the bridge when a ship struck it, plunging them into the waters below. Two of the workers were rescued on the day, but the search continues for the […]
- Biden expects Iran to attack Israel ‘sooner than later’ (Category: Breaking News)
- Lost power, a mayday call and the crash that brought down a Baltimore bridge (Category: Breaking News)
- Sydney church stabbing declared a ‘terrorist’ attack (Category: Breaking News)
- Four officers shot dead, four wounded, in North Carolina home siege (Category: Breaking News)
[…]The post What Is Wrong With Sri Lanka? appeared first on Colombo Telegraph.
- What Is Wrong With The President’s Vision & Mission? (Category: Breaking News)
- Let Us Know Who Are Contesting? What Are Their Policies? (Category: Breaking News)
- What is wrong with Sri Lanka? (Category: Breaking News)
- Mother’s Day & Rights Of Women (Category: Breaking News)
Santosh Jha stresses importance of Unique Digital Identity project Indian High Commissioner Santosh Jha has said that India is working with Sri Lanka to roll out the Unique Digital Identity (UDI) Project based on modular micro service based architecture aka MOSIP architecture. He has said they strongly believe that as in the case of India […]
- Sri Lanka, India to hold Digital Public Infrastructure conference next week (Category: Breaking News)
- Jha highlights growing Indian power, reiterates commitment to strengthening ties with SL (Category: Breaking News)
- India further expands her role (Category: Breaking News)
- Govt waits for clearance to implement India-funded Unique ID card project (Category: Breaking News)
By Dr Laksiri Fernando It is not the country per se, but the politicians and the people who are wrong. While politicians should take 70 percent responsibility, the people also should take 30 percent. It is true that these wrongs on the part of the politicians or the people are not limited to Sri Lanka. […]
- Heed people’s call for new political model (Category: Breaking News)
- What Is Wrong With Sri Lanka? (Category: Breaking News)
- Tax payers look to tighten belts further or migrate as progressive taxes bite (Category: Breaking News)
- JVP urges youth not to leave country, but to stay and fight (Category: Breaking News)
By the time the crew of the Dali, a massive 948ft (289m) container ship, realised what was happening, it was already far too late. The vessel – at the very start of a 27-day journey from the port of Baltimore to Sri Lanka – completely lost power after leaving the port and was hurtling towards […]
- Fears for Gazans as aid groups halt work over deadly Israeli strike (Category: Breaking News)
- Ghana rejoices as ‘crown jewels’ looted by British put on display (Category: Breaking News)
- Pakistan accused of killing eight women and children in Afghanistan air strikes (Category: Breaking News)
- Pentagon to ‘rush’ Patriot missiles to Ukraine in $6bn package (Category: Breaking News)
The ‘M. H. Omar Liver Care Facility’ at the Centre for Liver Diseases in Colombo North Teaching Hospital, Ragama was inaugurated by President Ranil Wickremesinghe on Tuesday (March 26).The post M.H. Omar Liver Care Facility of Ragama Teaching Hospital inaugurated appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka Ministry of Health probes patient’s death post-vaccine at Ragama Hospital (Category: Breaking News)
- Sri Lanka President inaugurates Largest Maternity Hospital in South Asia (Category: Breaking News)
- New liver care facility of Ragama Teaching Hospital inaugurated (Category: Breaking News)
- Lahiru Thirimanne involved in accident in Anuradhapura (Category: Breaking News)
Sri Lanka’s cabinet has approved increasing the minimum wage by 40%, a top official said on Tuesday, to support workers struggling with living costs as the economy slowly shakes off its worst financial crisis in decades, helped by an IMF bailout. Sri Lanka’s economy collapsed in early 2022
- Cricketer Lahiru Thirimanna injured in accident (Category: Breaking News)
- Accomplished equestrian Mathilda Karlsson (Category: Breaking News)
- Major fire in Colombo building (Category: Breaking News)
- Students protest after boy dies following Thirukkovil marathon (Category: Breaking News)
Chinese Prime Minister Li Qiang assured his Lankan counterpart Dinesh Gunawardena that his country would assist Sri Lanka’s debt restructuring process continuously and develop its economy. Sri Lanka has $4.2 billion bilateral debt and $ 2.9 billion in commercial debt outstanding to China
- Dinesh Gunawardena begins official visit to China (Category: Breaking News)
- Sri Lanka Prime Minister meets Chinese President Xi Jinping (Category: Breaking News)
- Chinese President wants to advance relationship with Sri Lanka (Category: Breaking News)
- Dinesh to discuss Sri Lanka’s debt to China during visit next week (Category: Breaking News)
Women in Sri Lankan State Universities – II An adapted version of the keynote delivered by Dinesha Samararatne at the International Women’s Day celebration organised by the Centre for Gender Equity and Equality for the University Grants Commission, 15 March, 2024. (First part of this article appeared on 22 March, 2024) Today, I would like […]
- UNDP exhibition highlights women’s struggles amidst economic hardships and calls for gender equa... (Category: Breaking News)
- UNFPA Regional Director here (Category: Breaking News)
- UN told about progress made by Sri Lanka for the advancement of women (Category: Breaking News)
- Law students can be assisted to learn English – President (Category: Breaking News)
The Cabinet of Ministers approved the proposal presented by the Minister of Ports, Shipping and Aviation to invite expressions of interest and proposals from qualified domestic and foreign institutions to promote the registration of ships under the Sri Lankan flag and to select the most suitable institutions on the recommendation of the Procurement Committee, consequent […]
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