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Global investors and Sri Lankan officials expect to start negotiations aimed at restructuring $12 billion in defaulted global bonds next week, Bloomberg News reported on Thursday.The post Sri Lanka to start restructuring talks with investors next week, Bloomberg News reports appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Global investors and Sri Lanka officials set for second round of Bond Restructuring talks (Category: Breaking News)
- Some Sri Lanka creditors seeking debt restructuring deal without China (Category: Breaking News)
- Sri Lanka calls for debt-restructuring proposals from dealer managers (Category: Breaking News)
- Sri Lanka Expects Major Debt Restructuring Deals as IMF to Review Bailout (Category: Breaking News)
[…]The post Books & Elections: President Gotabaya Rajapaksa’s Claim Of Foreign Conspiracy appeared first on Colombo Telegraph.
- Conspiracy There Was, In Enthroning Gota; Not In Dethroning Him! (Category: Breaking News)
- Prelude To The ‘Long March’ In Tamil Nadu (Category: Breaking News)
- Rise Of Ultranationalism & Elections, Tamil Nationalism & Resurrection Of LTTE Ideology In Sri L... (Category: Breaking News)
- What Is Wrong With The President’s Vision & Mission? (Category: Breaking News)
Global investors and Sri Lankan officials expect to start negotiations aimed at restructuring $12 billion in defaulted global bonds next week, Bloomberg News reported on Thursday. A steering committee, comprising of bondholders, will begin talks as they weigh a proposal from the government to rework the overseas debt that has been in default since 2022, […]
- Mathews overlooked Chamari picked in The Hundred draft (Category: Breaking News)
- AstraZeneca withdraws Covid-19 vaccine citing low demand (Category: Breaking News)
- Nepal batsman Airee smashes six sixes in an over (Category: Breaking News)
- Sri Lankan born pioneer of location-tracking technology in King’s honours list (Category: Breaking News)
Sri Lanka has said it will allow foreign offshore research ships for replenishments at its ports despite a one-year ban on such vessels, a senior official has said after China protested to Colombo for allowing a German survey ship but turning down Beijing’s similar request. This is the first time Sri Lanka has officially admitted […]
- Foreign research vessels: Cabinet to discuss how to handle them (Category: Breaking News)
- German research ship allowed Sri Lanka port call after Chinese-protest led clarification (Category: Breaking News)
- President: No spy ships coming to Sri Lanka (Category: Breaking News)
- Chinese ship visit: Sabry contradicts Defence Ministry (Category: Breaking News)
If Sri Lanka continues to rely on borrowing to address the imbalance between imports and exports, the nation will inevitably confront another economic crisis within a decade, says President Ranil Wickremesinghe.
[…]The post Why The Sri Lankan Rupee Is Appreciating appeared first on Colombo Telegraph.
- Who Are Primarily Responsible For The Economic Disaster, The Politicians Or The People? (Category: Breaking News)
- The Impact Of The Next Election On The Economic Reforms (Category: Breaking News)
- Sri Lanka In Dire Straits (Category: Breaking News)
- Journey Through The Rotten Bridge For The Reforms Of Government Expenditure (Category: Breaking News)
By Shamindra Ferdinando By the time President Gotabaya Rajapaksa had arrived in Singapore in the second week of July 2022, a few days after fleeing Sri Lanka, he firmly believed that then Prime Minister Ranil Wickremesinghe was the only person capable of restoring the rule of law in the country. In the chapter titled ‘The […]
- US hand in GR’s ouster: Speaker finally confirms allegations (Category: Breaking News)
- Declining power and challenges before SLPP (Category: Breaking News)
- Proposed all-party govt: Prez wins support from unexpected quarters (Category: Breaking News)
- Whose Saviour Is Ranil? And Who Is Being Clever – Ranil Or Gota? (Category: Breaking News)
[…]The post Inclusion Includes Women appeared first on Colombo Telegraph.
- Human Rights Protection Requires More Inclusive Approach (Category: Breaking News)
- Forge National Unity Based On Inclusion Than Exclusion (Category: Breaking News)
- Non-Consultative Business As Usual Approach Belittles Nation Crises That Cry For Priority (Category: Breaking News)
- Representative Democracy Is To Heed The Voice Of The People (Category: Breaking News)
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 […]
- India’s UPI to be launched in Sri Lanka, Mauritius on Monday (Category: Breaking News)
- Modi, Ranil launch ground-breaking digital payment connectivity (Category: Breaking News)
- India’s Unified Payment Interface (UPI) service launched in Sri Lanka (Category: Breaking News)
- Modi to launch Unified Payment Interface services in Sri Lanka (Category: Breaking News)
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
- ADB approves $100 million loan to support SMEs in Sri Lanka (Category: Breaking News)
- Debt-ridden Sri Lanka gets US$350m loan boost from ADB (Category: Breaking News)
- Sri Lanka secures ADB grant to pay paddy farmers (Category: Breaking News)
- Overseas travel ban on Basil temporarily lifted (Category: Breaking News)
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.
- ADB approves USD 100 million loan to support SMEs in Sri Lanka (Category: Breaking News)
- ADB approves USD 165M loan to provide financing support for Sri Lankan SMEs (Category: Breaking News)
- ADB approves USD 165M loan to provide financing support for Sri Lankan SMEs (Category: Breaking News)
- ADB approves USD 165M loan to provide financing support for Sri Lankan SMEs (Category: Breaking News)
[…]The post Elections & The Economy appeared first on Colombo Telegraph.
- The President, IMF & System Change (Category: Breaking News)
- NPP & Bird Cage Economy (Category: Breaking News)
- RW, IMF & The Economy (Category: Breaking News)
- IMF’s Prescription: Panacea Or Palliative? (Category: Breaking News)
[…]The post Ranil’s Distortion Of Facts About The Sri Lankan Political Scenario In 1977 appeared first on Colombo Telegraph.
- In Memory Of Comrade Osman De Silva (Category: Breaking News)
- Ranil’s Repression Will Hit The JVP-NPP While It Indulges In Political Narcissism (Category: Breaking News)
- Reflecting On 34 Years: The JVP & The Legacy Of Comrade Rohana Wijeweera (Category: Breaking News)
- In Memory Of Comrade H. A. Seneviratne, Lawyer, Writer & Human Rights Activist (Category: Breaking News)
Video: Sri Lanka’s economy recedes by 2.3% in 2023 (English)
- Video: Cabraal-missile is stronger than Indian Agni-V missile (Category: Video)
- Video: Dambulla Mosque controversy could have been solved peacefully (Category: Video)
- Video: Sajith issuing misleading statements - Tissa (Category: Video)
- Video: No need for permission - Sajith (Category: Video)
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 inflation rises for second month on high energy costs (Category: Breaking News)
- Sri Lanka’s economy returns to growth, led by agriculture (Category: Breaking News)
- Sri Lanka’s economy to shrink by 2% in 2023, Central Bank says (Category: Breaking News)
- Sri Lanka President says China’s assurances to restructure Sri Lanka’s debt received and forward... (Category: Breaking News)
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.
- 2002 Grama Niladhari vacancies will be filled in April 2024 -State Minister of Home Affairs (Category: Breaking News)
- Govt. to appoint over 2,000 Grama Niladhari officers before end of April (Category: Breaking News)
- Immediate recruitment of 4000 Grama Niladhari officers to fill existing vacancies – State Minist... (Category: Breaking News)
- Special committee to be appointed on increasing allowances for GN officers (Category: Breaking News)
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 […]
- KFC assures probe over rotten chicken at Rajagiriya (Category: Breaking News)
- Pillayan ready to face international probe (Category: Breaking News)
- ITN to probe sexual harassment allegations (Category: Breaking News)
- Azad Moulana offers to testify in Easter attacks probe (Category: Breaking News)
[…]The post A Leap Of Faith Awaits appeared first on Colombo Telegraph.
- With A View To A Kill (Master Spy-James Bond)! (Category: Breaking News)
- Rat Cunning Or Intelligent Nation Building? (Category: Breaking News)
- Anti-Corruption, A Losing Battle? (Category: Breaking News)
- April & May – Images From Two Months (Category: Breaking News)
significantly to bolstering the national economy. The President further requested active participation ...
- Druglords win big at LG polls (Category: Breaking News)
- Civil Society Calls on Government to Enable Burials of COVID-19 Dead (Category: Breaking News)
- Civil Society Calls on Government to Enable Burials of COVID-19 Dead (Category: Breaking News)
- Sri Lanka to launch the Climate Justice Forum (CJF) at COP 28 (Category: Breaking News)
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 […]
- IMF won’t assist if govt. puts off LG polls (Category: Breaking News)
- Reveal plans, uphold transparency (Category: Breaking News)
- CBSL chief expresses optimism (Category: Breaking News)
- Foreign envoys assure support for Sri Lanka to recover from economic crisis (Category: Breaking News)
[…]The post Gender Equality, Empowerment Of Women & The JVP appeared first on Colombo Telegraph.
- Gender Equality, Empowerment Of Women & The JVP: Capitalism & Empowerment Of Women (Category: Breaking News)
- The Fight For Women’s Empowerment In An Era Of Conflict & Multifaceted Crises (Category: Breaking News)
- Gender Equality & Empowerment Of Women & The JVP; Lessons From The JVP’s Evolution (Category: Breaking News)
- 40 Years After The Anti-Tamil Pogrom Of July 1983: Root Causes Remain Unaddressed (Category: Breaking News)
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
- President announces formation of Economic Commission to boost investment opportunities for local... (Category: Breaking News)
- Vacancy in hotel market (Category: Australia, Queensland)
- The President on observation tour in Horton Plains National Park (Category: Breaking News)
- Classical Tamil sculptures park (Semmozhi irpa poonga) opened at Maamallapuram (Category: Breaking News)
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
- World Bank approves $150 Mn to strengthen Lanka’s financial sector (Category: Breaking News)
- $150 million from World Bank to strengthen Sri Lanka s financial sector (Category: Breaking News)
- Sri Lanka to borrow USD 150mn from World Bank (Category: Breaking News)
- Sri Lanka, EU sign Â15mn agreement to promote circular economy in food sector (Category: Breaking News)
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 […]
- Amnesty, too, condems proposed anti-terrorism law (Category: Breaking News)
- Colombo fails to meet obligations linked to GSP+ Scheme (Category: Breaking News)
- HRW urges IMF to oppose repression of civic space in Sri Lanka (Category: Breaking News)
- CSCD attacks proposed anti-terrorism law (Category: Breaking News)
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 […]
- ‘Fodder’ for thought (Category: Breaking News)
- Of that high drama (Category: Breaking News)
- Leading rice miller stops paddy purchasing citing losses, PMB still out of picture (Category: Breaking News)
- New tax puts small-time rice millers out of business (Category: Breaking News)
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 - ...
- IMF should oppose restrictions on Freedom of Expression, Civil Society Groups (Category: Breaking News)
- Abuses Undercut Proposed ‘Truth Commission’ – Human Rights Watch (Category: Breaking News)
- IMF urged to oppose restrictions on freedom of expression in Sri Lanka (Category: Breaking News)
- UN High Commissioner for Human Rights concerned about Anti Terrorism Bill, Online Safety Bill (Category: Breaking News)
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.
- Pakistan s new president Zardari decides to forgo salary (Category: Breaking News)
- Pakistan-SL too for currency swap (Category: Breaking News)
- President to visit Pakistan on Feb 10 (Category: Breaking News)
- President visit to Pakistan (Category: Breaking News)
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 […]
- UN concerned over arrest of Muslim women in Sri Lanka (Category: Breaking News)
- Significant human rights abuses recorded in Sri Lanka in 2022 (Category: Breaking News)
- Spotlight sought on urgent human rights challenges in Sri Lanka (Category: Breaking News)
- US calls for victim centered reconciliation initiatives in Sri Lanka (Category: Breaking News)
[…]The post Nandalal Weerasinghe’s Wages Of Sin appeared first on Colombo Telegraph.
- Involuntary & Inequitable DDO (Category: Breaking News)
- RW’s Political Rating & Fitch’s Credit Rating (Category: Breaking News)
- Ranil’s Debt Driven Growth Strategy (Category: Breaking News)
- Towards A False Dawn (Category: Breaking News)
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