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Monetary policy transmission to the real economy in Sri Lanka is still incomplete, the governor of the country's central bank, Nandalal Weerasinghe, said at a LSEG FX Community Event on Monday.The post Sri Lanka central bank chief: monetary policy transmission still incomplete appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka central bank to consider a single policy rate mechanism (Category: Breaking News)
- Sri Lanka signals pause after four rate cuts as IMF loan awaited (Category: Breaking News)
- Sri Lanka to introduce new central bank law, inflation target (Category: Breaking News)
- Sri Lanka’s Central Bank Chief says Money printing has drastically reduced in 2022 (Category: Breaking News)
SJB MP Eran Wickramaratne says the importation of inferior medicine by way of emergency procurement and non-functioning medical, surgical and other test equipment in hospitals have ruined the public health sector. Addressing the Media at the Office of the Leader of Opposition on Sunday (6Aug2023), Wickramaratne said that this pathetic situation in the health sector […]
- SJB: State audit vindicates no-faith motion against Keheliya, remedial measures urgently required (Category: Breaking News)
- Health sector strike to resume on 01 Feb. (Category: Breaking News)
- 72 health sector unions to resume strike from Tuesday (Category: Breaking News)
- Ousting govt. only way to solve country’s problems – Women for Rights (Category: Breaking News)
By N Sathiya Moorthy If someone thought that President Ranil Wickremesinghe was funny about it, he was not. If anything, it sounded more Quixotic than possibly predecessor Gotabaya Rajapaksa’s misadventure with ‘organic farming’. According to reports, at an official meeting the other day, Wickremesinghe asked Health Ministry officials to devise a strategy to seek compensation […]
- GMOA Presents Proposal to President addressing Healthcare Challenges and Brain Drain (Category: Breaking News)
- Indian tourists visiting Sri Lanka can pay in INR (Category: Breaking News)
- Catholic priest claims key information shared with CID (Category: Breaking News)
- Ranil assures to protect rights of children and elderly (Category: Breaking News)
Sri Lanka decided to immediately suspend the use of rice for the production of animal feed and beer.The post Sri Lanka suspends use of rice to make beer and feed animals appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Drought dents Sri Lanka’s economic hopes, farmers’ livelihood (Category: Breaking News)
- Price of rice packet and cup of plain tea reduced (Category: Breaking News)
- Sri Lanka imports Keeri Samba, eggs and maize (Category: Breaking News)
- Japan provides USD 4.6 Million to support Sri Lankan women and girls’ health (Category: Breaking News)
At first glance, life in Sri Lanka's financial capital Colombo looks deceptively normal.The post Is the worst over for Sri Lanka’s economic crisis? appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- USAID Administrator Samantha Power arrives in Sri Lanka (Category: Breaking News)
- Sri Lanka’s revenue shortfall concerns IMF team – sources (Category: Breaking News)
- Sri Lanka aims to have $2.9 billion IMF loan finalised in December (Category: Breaking News)
- Sri Lanka hit by record brain drain, but some stay to rebuild (Category: Breaking News)
Babarandage Don Sarath Appuham, a 59-year-old fisherman, has worked at Negombo Lagoon since he was a teenager. Palpable differences in tide patterns and fish catches from climate change have complicated his work. “We used to always go at 9am, then 1pm. It’s no longer that predictable,” Sarath told Al Jazeera. They have to gauge conditions […]
- Stern action if prohibited nets are used (Category: Breaking News)
- Empty Nets (Category: Business)
- SIS-Navy operation nets trawler with large consignment of narcotics (Category: Breaking News)
- DMK nets fishing crisis (Category: Breaking News)
[…]The post A Year After Rajapaksa, Sri Lanka Remains In Crisis: New Leadership Has Failed To Uphold Basic Rights, Bring Accountability appeared first on Colombo Telegraph.
- Canada Imposes Sanctions On Mahinda Rajapaksa And Gotabaya Rajapaksa For Human Rights Violations (Category: Breaking News)
- Getting Nearer To Solution As Options Narrow (Category: Breaking News)
- Damning Report From UN Envoy On Human Rights Spells Rocky Road For Nandasena Administration In G... (Category: Breaking News)
- Can Sri Lanka Come Out Of Its ‘Deer In The Headlights’ Mindset? (Category: Breaking News)
By Dr. C. S. Weeraratna (csweera@sltnet.lk) Poverty is a condition characterized by severe deprivation of basic human needs, such as food, shelter, safe drinking water, sanitation facilities, health, and education. Various criteria are used to measure poverty. The most commonly used is based on incomes. A person is considered poor if his or her income level […]
- Urban poverty triples in Lanka (Category: Breaking News)
- Pro-poor growth and Economic growth in Sri Lanka - A critical analysis (Category: Breaking News)
- Deteriorating rural economy, and food security (Category: Breaking News)
- Overcoming Food Insecurity (Category: Breaking News)
[…]The post The Misunderstood Taxation Of EPF & Other Superannuation Funds appeared first on Colombo Telegraph.
- The Apologetic Custodian Of The EPF Is Also A Victim (Category: Breaking News)
- Economy 2024: More Challenging Than The Two Previous Years (Category: Breaking News)
- EPF asked to pay 30% tax unless it participates in domestic debt restructuring process (Category: Breaking News)
- Central Bank informs EPF members: “decided to opt for” DDO (Category: Breaking News)
Udeni Kaluthantri, a 54-year-old port worker, became an overnight sensation last year for reasons that had nothing to do with his job. Days after protesters stormed the presidential palace in the Sri Lankan capital Colombo, a video surfaced of Mr Kaluthantri lounging on a bed draped with the presidential flag. Pictures of young men jumping […]
- Brazil’s President vows to punish rioters who stormed Congress (Category: Breaking News)
- Mass arrests in Brazil as President condemns ‘terrorist’ riots (Category: Breaking News)
- Pakistan’s Supreme Court rules Imran Khan arrest was illegal (Category: Breaking News)
- A divided Japan bids farewell to its slain ex-PM (Category: Breaking News)
The United Nations Development Programme (UNDP) in Sri Lanka and Michelin Foundation have partnered to procure essential medicines for Sri Lanka. The medicines were handed over to the Ministry of Health this morning, in the presence of Keheliya Rambukwella, Minister of Health, and Dr. Anver Hamdani, Director Medical Technical Services, Coordinating In Charge/ COVID-19, Ministry […]
- UNDP and Michelin Foundation partner to procure essential medicines for hospitals in Sri Lanka (Category: Breaking News)
- Japan to provide essential medicines to Sri Lanka through UNICEF (Category: Breaking News)
- India supports early political solution in Sri Lanka (Category: Breaking News)
- UNDP gives importance to working with vulnerable communities in Sri Lanka (Category: Breaking News)
Sri Lanka is set to start bartering tea to Iran next month in lieu of $250 million owed for oil, a Sri Lankan official told Reuters on Friday, as the crisis-hit country tries to lift sales to a key market and protect its forex reserves.The post Sri Lanka set to start tea-for-oil barter with Iran
- Sri Lanka settles US$ 20 million Iranian oil debt with tea (Category: Breaking News)
- Sri Lanka set to start tea-for-oil barter with Iran next month (Category: Breaking News)
- Lankan, Iranian officials discuss how to boost SL tea exports (Category: Breaking News)
- Iran to double tea imports from SL (Category: Breaking News)
[…]The post Wickremesinghe Safeguards The Rajapaksas; Mega Business Safeguards Wickremesinghe? appeared first on Colombo Telegraph.
- Calm Before The Storm! Aragalaya -’22 Has Rested Enough!!! (Category: Breaking News)
- Multiple Choice Or A Binary Option? (Category: Breaking News)
- Ranil Vs. AKD: Who Will Blink First? (Category: Breaking News)
- A Government Without The Wickremesinghes & Rajapaksas (Category: Breaking News)
By Prabhat Patnaik After Sri Lanka and Pakistan, Bangladesh has become the third country in our neighbourhood to become afflicted by a serious economic crisis. It has asked for a $4.5 billion loan from the IMF, apart from $1 billion from the World Bank and $2.5-3 billion from multilateral agencies
- A stitch in time saves nine - Facing the short-term economic challenges (Category: Business)
- Achieving economic goals amidst global challenges (Category: Business)
- After Lanka and Pakistan, now Bangladesh lines up before IMF for bailout (Category: Breaking News)
- Raising the bar: The rise of the Sri Lankan economy (Category: Business)
A highly appreciative skill of the Pakistani administration is their extensive theatricals which can deceive the most intelligent of men. Lengthy speeches in the parliament are converted into minutes packed with wise counsel. After collecting enough praises and spewing venom on the opposition, they end up ultimately doing what they would do anyway — putting […]
- Pakistan’s election chaos casts shadow on next IMF deal (Category: Breaking News)
- IMF promises Pakistan ‘immediate’ release of $1.1bn loan after key meet (Category: Breaking News)
- Pakistan, IMF reach staff-level deal to release $1.1bn from bailout package (Category: Breaking News)
- Target Tool (Category: Business)
[…]The post The Food Crisis In Sri Lanka: Why We Must Act Now! appeared first on Colombo Telegraph.
- Japan provides $ 4.6 Million through FAO to boost paddy production in Sri Lanka (Category: Breaking News)
- Japan provides $ 4.6 million through FAO to boost paddy production in Sri Lanka (Category: Breaking News)
- Drought dents Sri Lanka’s economic hopes, farmers’ livelihood (Category: Breaking News)
- EU and FAO launch initiative to improve paddy farming in Sri Lanka (Category: Breaking News)
Sri Lanka Government to relax existing import restrictions on about 300 to 400 items from next week.The post Sri Lanka Government to relax import restrictions on nearly 400 items appeared first on ONLANKA News - Sri Lanka Latest Breaking News and Live Updates - Sri Lanka News.
- Sri Lanka’s workers’ remittances exceed USD 400 Million in January 2024 (Category: Breaking News)
- World Bank’s IFC to provide Sri Lanka with $400 million financing (Category: Breaking News)
- $ 400 m IMF lifeline for struggling Sri Lanka (Category: Business)
- පින්තාරු අමුද්රව්යවල මිල 400% කින් ඉහළ ගිහින් (Category: Sinhala)
Low-income families are facing the worst effects of the economic crisis, the International Committee of the Red Cross (ICRC) said. The International Committee of the Red Cross (ICRC) and the Sri Lanka Red Cross Society (SLRCS) collaborated to provide emergency relief assistance to 11,850 vulnerable
- The Coca-Cola Foundation’s funding addresses food insecurity among 7800 marginalized families du... (Category: Breaking News)
- The Coca-Cola Foundation and Sri Lanka Red Cross Society come together to uplift over 1,800 wast... (Category: Breaking News)
- Canada offers $3 million to help vulnerable communities in Sri Lanka (Category: Breaking News)
- ICRC advocates for mechanism to seek answers on Sri Lanka’s missing (Category: Breaking News)
Friday 2nd June, 2023 Long lines of vehicles suddenly appeared near filling stations yesterday, evoking dreadful memories of a dark era and causing public panic. Pumps had run dry at most fuel depots, and people had to wait for hours to obtain petrol and diesel. Minister of Power and Energy Kanchana Wijesekera hurriedly issued a […]
- Fuel Distributors Association threatens legal action against CPC (Category: Breaking News)
- LIOC temporarily halts fuel distribution to filling stations (Category: Breaking News)
- Fuel distribution normal after setbacks from trade union action - CPC (Category: Breaking News)
- 801 filling stations in total tested fuel pass QR facility- Minister (Category: Breaking News)
The Government of Japan through the Food and Agriculture Organization of the United Nations (FAO) is providing USD 4,629,629 to strengthen the production capacity of smallholder paddy farmers in identified districts of the Dry and Intermediate Zones of Sri Lanka.The post Japan provides $ 4.6 Million through FAO to boost paddy production in Sri Lanka appeared first on ONLANKA News | Sri Lanka Lates...
- Japan provides $ 4.6 million through FAO to boost paddy production in Sri Lanka (Category: Breaking News)
- Japan provides $ 4.6 million through FAO to boost paddy production in Sri Lanka (Category: Breaking News)
- Japan grants 8,360 Metric Tonnes of fertiliser to support paddy farmers in Sri Lanka (Category: Breaking News)
- European Union donates 3,820 tonnes of urea fertilizer to Sri Lanka’s paddy farmers (Category: Breaking News)
The Government of Japan through the Food and Agriculture Organization of the United Nations (FAO) is providing USD 4,629,629 to strengthen the production capacity of smallholder paddy farmers in identified districts of the Dry and Intermediate Zones of Sri Lanka. Smallholder farmers are amongst the most vulnerable rural communities, predominantly cultivating rice for self-consumption. Lack […...
- Japan provides $ 4.6 Million through FAO to boost paddy production in Sri Lanka (Category: Breaking News)
- EU and FAO launch initiative to improve paddy farming in Sri Lanka (Category: Breaking News)
- FAO delivers 3,820 tonnes of urea fertilizer to farmers in Sri Lanka (Category: Breaking News)
- Japan grants 8,360 Metric Tonnes of fertiliser to support paddy farmers in Sri Lanka (Category: Breaking News)
An International Monetary Fund (IMF) staff team will arrive in Sri Lanka on Thursday, a statement from the global lender said as the crisis-hit country prepares for the first review of a loan programme in September.The post IMF delegation to arrive in Sri Lanka on Thursday appeared first on ONLANKA
- IMF Team to conduct second review of Sri Lanka’s EFF program in March 2024 (Category: Breaking News)
- IMF team in Colombo this week for first review of Extended Fund Facility (Category: Breaking News)
- IMF refutes reports on its advice to digital service tax in Sri Lanka (Category: Breaking News)
- China tells IMF willing to take constructive part in debt talks (Category: Breaking News)
[…]The post Inflation, Interest Rate & Imperialism appeared first on Colombo Telegraph.
- IMF Forecasts & Systemic Crisis (Category: Breaking News)
- RW’s National Policy & National Council (Category: Breaking News)
- Politics Of Easter Investigation In A Wriggling Economy (Category: Breaking News)
- Political Buddhism & Corruption: The Unholy Twins (Category: Breaking News)
ECONOMYNEXT –Cancer patients at the Apeksha Hospital, Maharagama are facing a double blow as the facility has run out of vital supplies to operate a scanner that helps in the diagnosis and crucial treatment, doctors said. The main cancer hospital in Sri Lanka is currently facing a shortage of radioisotope used in Positron Emission Tomography […]
- President to set up four new cancer hospitals, one dedicated to children (Category: Breaking News)
- Serious drug shortage at Cancer Hospital (Category: Breaking News)
- Paediatric Oncology Unit in Karapitiya Hospital not in operation for two years (Category: Breaking News)
- Apeksha Hospital radio technologists trade union action leaves patients in distress (Category: Breaking News)
Sri Lanka expects to host 1.55 million visitors and earn 2.7 billion Sri Lankan rupees ($8.4 million) in much-needed tourism revenue this year, as it maps a road to the recovery of its tourism sector amid its worst economic crisis in decades.The post Sri Lanka expects cash infusion from 1.5 million
- Sri Lanka looks to adventure travel to attract ‘quality’ tourists and help rebuild economy (Category: Breaking News)
- Indian cruise ship to launch operations to Sri Lanka (Category: Breaking News)
- Analysis: A year later, Sri Lanka’s tentative economic recovery eludes the poor (Category: Breaking News)
- Tourist arrivals in Sri Lanka cross 200,000 in December (Category: Breaking News)
By Rathindra Kuruwita Hospitals in Sri Lanka’s urban centres, too, will struggle to deliver healthcare as a large number of healthcare workers, from doctors to nurses, are leaving the country, says Education Secretary of the Frontline Socialist Party (FSP) Pubudu Jayagoda. Addressing the media, in Colombo, Jagoda said the dramatic increase in the PAYE tax, […]
- FSP accuses President of taking country on 1977 path to disaster (Category: Breaking News)
- Without investment into laboratories, SL will be plagued by low quality medicine – Expert (Category: Breaking News)
- Govt. accused of giving Indian companies access to Lankans’ biometrics (Category: Breaking News)
- ‘Health sector heading for total breakdown’ (Category: Breaking News)
Adventure tourism is playing a key role in helping Sri Lanka rebuild its economy after a turbulent few years for the South Asian nation.The post Sri Lanka looks to adventure travel to attract ‘quality’ tourists and help rebuild economy appeared first on Sri Lanka Breaking News and Top Headlines - ONLANKA News.
- Sri Lanka looks to adventure travel to attract quality tourists and help rebuild economy (Category: Breaking News)
- Sri Lanka approves visa-free entry for tourists from 07 countries (Category: Breaking News)
- Driving Adventure (Category: Business)
- Sri Lanka Tourism ready for tourists (Category: Breaking News)
Sri Lanka President Ranil Wickremesinghe addressed the United National Party (UNP) May Day celebrations held at the Sugathadasa Indoor Stadium in Colombo yesterday (May 01) through video technology.The post Sri Lanka President says Let 2048 be the year of development for Sri Lanka appeared first on Sri Lanka Breaking News and Top Headlines - ONLANKA News.
- Government’s objective is to develop Sri Lanka as a thriving nation by 2048 (Category: Breaking News)
- Let us collectively join hands to make 2048 the year of development in Sri Lanka – President (Category: Breaking News)
- President to intensify focus on national unity, youth aspirations (Category: Breaking News)
- Elections will be held in accordance with the Constitution, Presidential poll in 2024 – President (Category: Breaking News)
Sri Lanka's National Consumer Price Index (NCPI) (LKNCPI=ECI) eased to 49.2% year-on-year in March, after a 53.6% rise in February, the statistics department said on Friday.The post Sri Lanka consumer inflation dips to 49.2% year-on-year in March appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- Sri Lanka’s consumer inflation eases in May 2023 (Category: Breaking News)
- Sri Lanka’s inflation eases to 2.5% in March 2024 (Category: Breaking News)
- Sri Lanka’s consumer inflation dips to 33.6% in April (Category: Breaking News)
- Food inflation in Sri Lanka drops to 47.6% in March (Category: Breaking News)
UNFPA Sri Lanka plans to implement a new project “ENSURE: Ensuring access to life-saving sexual & reproductive health and providing gender-based violence prevention and response services for women, girls and vulnerable groups” with funding from the Government of Japan.The post Japan provides USD 4.6 Million to support Sri Lankan women and girls’ health appeared first on Sri Lanka News -...
- Japan provides USD 1.6 Million to support marginalized females in Sri Lanka (Category: Breaking News)
- More drugs expected to go out of stock in Sri Lanka (Category: Breaking News)
- UNFPA appeals for US $ 10.7 Million to meet urgent needs of Lankan women and girls affected by e... (Category: Breaking News)
- Free sanitary napkins for school girls in Sri Lanka from 2024 (Category: Breaking News)
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