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[…]The post Colombo University Business Economic Summit 2024: Keynote Address appeared first on Colombo Telegraph.
[…]The post Politics Behind Economic Recovery appeared first on Colombo Telegraph.
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 […]
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. […]
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 […]
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 […]
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 […]
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...
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 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...
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 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...
in May 2022 as the economy […]
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 […]
[…]The post What Is Wrong With Sri Lanka? appeared first on Colombo Telegraph.
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 […]
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. […]
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 […]
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’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
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
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 […]
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 […]
The Monetary Policy Board of the Central Bank of Sri Lanka (CBSL) has decided to reduce the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) of the Central Bank by 50 basis points (bps) to 8.50 percent and 9.50 percent, respectively.The post Sri Lanka Central Bank further reduces policy rates appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stor...
Sri Lanka’s capital wants to pair with Washington as a ‘sister city’ and the proposal has been made to the Mayor of Washington D.C., Muriel Bowser. The Ambassador of Sri Lanka to the United States Mahinda Samarasinghe met the Mayor of Washington D.C., Muriel Bowser at City Hall in the John Wilson Building. The Ambassador […]
Sri Lankan Prime Minister Dinesh Gunawardena arrived in Beijing on Monday for a six-day official visit to China at the invitation of Chinese Premier Li Qiang. According to Foreign Ministry spokesperson Lin Jian on Friday, Chinese leaders will have in-depth exchange of views with Gunawardena on continuing China-Sri Lanka traditional friendship, deepening political mutual trust, […]
The Government will launch a nationwide programme from today (March 25) to provide free meals to all students from Grades 1 to 5.The post Sri Lanka Government launches free meal for primary students today appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
Sri Lanka’s fate compared with that of Sikkim By Shamindra Ferdinando National Freedom Front (NFF) leader and Chairman of the Uththara Lanka Sabhagaya (ULS) Wimal Weerawansa, MP, said that President Ranil Wickremesinghe, SJB leader Sajith Premadasa, MP, and JVP/JJB leader Anura Kumara Dissanayake, MP, were pursuing the same strategy to address the economic crisis. Therefore, […]
By Ifham Nizam The recently-reopened Udawalawe Information Centre, now known as the Elephant Knowledge Walk at the Elephant Transit Home (ETH) in UdaWalawe, stands as a treasure trove for enthusiasts keen on studying paleontology and all things related to elephants. Since 1995, the Elephant Transit Home in UdaWalawe has been dedicated to rehabilitating and releasing […]
[…]The post Citizens Should Be Aware Of The Burden Of Total Government Expenditure appeared first on Colombo Telegraph.