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A section of the Nidahasa Janatha Sabawa (NJS) signed an MOU, last morning (05), with the Samagi Jana Balawegaya (SJB) to form an alliance. Six SLPP MPs represenitng the NJS, Professor G. L. Peiris, Dilan Perera, K.P. Kumarasiri, Upul Galappatty, Wasantha Yapa Bandara and Dr. Nalaka Godahewa, signed the MoU at the BMICH. “People are […]
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 Sri Lanka Development Update, Bridge to Recovery, highlights that […]
By N Sathiya Moorthy It is inevitable that in the heat of an electoral battle, neighbours get mentioned, if not hurt. It is election time in India, to be followed by one or two in Sri Lanka – for the presidency and Parliament, though which would come first is known only to Mr God and President […]
[…]The post Monk’s Imprisonment: Aragalaya Victory No. 2 appeared first on Colombo Telegraph.
The International Monetary Fund said on Thursday that there is “strong expectation” that Sri Lanka will reach a deal with its commercial creditors by the completion of the IMF’s second review.The post There is “strong expectation” of Sri Lanka commercial creditor deal: IMF appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
[…]The post Brahmins Demand A Debate On Debt appeared first on Colombo Telegraph.
[…]The post Katchatheevu Crisis – Seal The Deal Mr. Modi appeared first on Colombo Telegraph.
By Saman Indrajith The Sectoral Oversight Committee on Alleviating the Impact of the Economic Crisis has instructed the Fisheries Ministry to furnish a report on how to tackle the problem of Indian fishermen poaching in Sri Lanka’s territorial waters. The directive was given when the Committee
Former President Maithripala Sirisena says he expects to present facts before the court with regard to the interim injunction issued by the Colombo District Court, preventing him from functioning as the Chairman of Sri Lanka Freedom Party (SLFP).
[…]The post Will AKD Make The Cut? appeared first on Colombo Telegraph.
The Sectoral Oversight Committee on Alleviating the Impact of the Economic Crisis, chaired by MP Gamini Waleboda, recently convened a meeting in Parliament
By Sanath Nanayakkare Minister of State for Finance Shehan Semasinghe said on Monday that the government is aware of the low deposit interest rate senior citizens are earning on their savings as the policy rates are taking a downward trajectory amid declining inflation and expanded economic activity. He, however, said that interest rate relief cannot […]
Minister of Transport, Highways and Mass Media, Dr. Bandula Gunawardena, has stressed that any alteration, even as small as one-tenth, to the on-going government program spearheaded by President Ranil Wickremesinghe could pose a significant threat to the stability of the country once more. Despite numerous reports indicating an increase in poverty among the country’s most vulnerable, the minister ...
By Shamindra Ferdinando Against the backdrop of Speaker Mahinda Yapa Abeywardena’s quite belated (but better late than never) public confirmation of external interventions in Aragalaya, that led to the overthrow of President Gotabaya Rajapaksa’s government in mid-July 2022, former cashiered Flying Officer Keerthi Ratnayake, with a never-say-die attitude even when odds are overwhelmingly stacked ag...
Speaker Mahinda Yapa Abeywardana dismissed a conspiracy theory linked to the mass protests staged in Sri Lanka in 2022 to oust then President Gotabaya Rajapaksa. MP Wimal Weerawansa alleged that there was a foreign hand in the ‘Aragalaya’’ protests and called for it to be investigated. He told the Speaker that Parliament must hold a […]
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 Sri Lanka’s economy shows signs of stabilization, but poverty to remain elevated ̵...
[…]The post Conundrum Of Elections & IMF Programme appeared first on Colombo Telegraph.
Representatives from Sri Lanka’s business community, government, and the finance sector convened in Colombo to discuss the mix of policies, financial mechanisms and technologies, crucial for propelling the country’s industrial decarbonization and economic recovery. This event is the second edition of the Industry Dialogue organized by the European Union (EU)-funded Accelerating Industries’ Climate...
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 the severe economic downturn of 2022. Released today, the Sri Lanka Development […]
[…]The post Sinhala Buddhist Nationalism & Women In Sri Lanka appeared first on Colombo Telegraph.
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 […]
By Rathindra Kuruwita There is a trend among some Sri Lankan parents not to have their infants vaccinated and this could lead to disastrous consequences, officials from National Programme for Tuberculosis Control and Chest Diseases (NPTCCD) says. In certain developed nations, some parents start vaccinating their children only after a year or so after they […]
The Sangha for Better Sri Lanka (SBSL) and the Global Tamil Forum (GTF) are saddened by the untoward incidents that took place during the Maha Shivaratri Event (March 8, 2024) at Vedukkunari Aathi Sivan Temple in the North of Sri Lanka. On the Maha Shiva Rathri night (the most auspicious night in the Hindu calendar), […]
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 […]
By Shamindra Ferdinando Samagi Jana Balawegaya (SJB) parliamentarian Kavinda Jayawardena yesterday (31) said that the ruling Sri Lanka Podujana Peramuna (SLPP) should accept the responsibility for creating conditions for public protests that led to the overthrowing of President Gotabaya Rajapaksa. The Gampaha District MP was responding to Speaker Mahinda Yapa Abeywardena’s declaration that powerfu...
[…]The post Colombo University Business Economic Summit 2024: Keynote Address appeared first on Colombo Telegraph.
Fuel prices in Sri Lanka have been revised with effect from April 1, 2024.The post Sri Lanka revises fuel prices from April 1, 2024 appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
[…]The post Politics Behind Economic Recovery appeared first on Colombo Telegraph.
Four people from Sri Lanka arrived near Dhanushkodi in Ramanathapuram district on Friday night, owing to the economic crisis in the island nation, Indian media reported.
China has said it would continue to support Sri Lanka, as the crisis-hit island nation’s prime minister on Saturday wrapped up a visit to Beijing to try to finalise a debt restructuring deal.The post China reaffirms financial support for Sri Lanka appeared first on ONLANKA - Sri Lanka