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By Hiran H.Senewiratne ‘2023 would be one of the best recovery years for Sri Lanka and tourism will support rebuilding the economy. Aggressively promoting Indian tourism into Sri Lanka will serve that purpose to some extent, Minister of Tourism Harin Fernando said. “Sri Lanka is looking
Originally planned for August 2022, the much-awaited Lanka Premier League (LPL) 2022 commenced on 6 December 2022. The league was postponed because of the economic and political turmoil in the island nation.The post Lanka Premier League will boost economy, tourism – Minister Harin Fernando
Sri Lanka s tourism minister Harin Fernando is optimistic that the Lanka Premier League (LPL) 2022 will help in boosting the country s economy and will instil confidence among others to come here and enjoy the natural beauty of the island nation.
The 20th Communist Party Congress of China may put a hold on the Chinese restructuring talks with Sri Lanka to secure the $2.9 billion facility to revive the ailing economy. The deadline was set for December, but it may be extended to January, according to the Central Bank of Sri Lanka. China
By Saman Indrajith State Tourism Minister Diana Gamage says liquor outlets should be kept open longer if the country wants to boost tourism.Participating in the Third Reading stage debate on Budget 2023 on Friday, State Minister Gamage said: “We have to keep these places open 24/7. I have spoken about it many times. Liquor is […]
[…]The post Budget 2023: A Depth Or Dearth appeared first on Colombo Telegraph.
Sri Lanka crossed the billion dollar milestone in earnings from tourism in October when the country earned US$ 75.6 million from the trade, which is providing a glimmer of hope for the country’s economy beset by acute shortages of foreign currency since the middle of last year.The post Sri Lanka
Wednesday 30th November, 2022 The Nazis of Sri Lanka (read the members of the current SLPP-UNP government, whose leader, President Ranil Wickremesinghe, has called himself Hitler recently in Parliament) have gone into overdrive to suppress democratic dissent. They invaded an auditorium at Hanguranketha, on Sunday, in a bid to sabotage a conference held by a […]
By Shamindra Ferdinando Having comfortably won the vote on the Second Reading of 2023 Budget, two days earlier, President Ranil Wickremesinghe, on November 24, dealt with a spate of issues, including the responsibilities of the armed forces and the police, obviously indicating how a second Aragalaya, aimed at ousting his government from power, by way of violent protests, as was […]
Australian Government-funded Skills for Inclusive Growth Program (S4IG), managed by Palladium International Group entered into an MoU with Cinnamon Hotel Management Ltd (CHML) to achieve several strategic results in Colombo recently. S4IG is a programme by the Department of Foreign Affairs and Trade (DFAT) in accordance with the terms of a subsidiary agreement signed on […]
[…]The post What Is To Be Done? – Anura Kumara Dissanayake appeared first on Colombo Telegraph.
The cruise ships are set to arrive at the Hambantota International Port (HIP) during the season, bringing with them over 2000 passengers. Johnson Liu, CEO of the Hambantota International Port Group (HIPG) said that the arrival of the ships will be a great boost for the tourist economy
Sri Lanka's central bank on Thursday threatened administrative intervention to control high market interest rates that it regarded as out of line with the inflation outlook.The post Central Bank of Sri Lanka threatens administrative measures over high market interest rates appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
Sri Lanka’s gross official reserves were estimated at US dollars 1.7 billion as of end October 2022, including the swap facility from the People’s Bank of China, equivalent to around US dollars 1.4 billion, which has certain conditionalities on usability, the Central Bank of Sri Lanka said today. The Central Bank said that the merchandise […]
By Ramesh Khan At the beginning of the year 2022, none in Sri Lanka would have thought that the end of the pandemic would not signal the end of misery. Instead, it signaled the advent of misery in forms that had been unknown to the Sri Lankans until now. A country filled with tourist spots, […]
The Overall rate of inflation as measured by the National Consumer Price Index (NCPI) on a Year-On-Year basis was 70.6% in October 2022, compared to 73.7% in September 2022.The post Sri Lanka’s inflation slows down to 70.6% in October 2022 appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
KANGAR, Perlis –Former prime minister Mahathir Mohamad lost his seat in Parliament after residents of Langkawi on Saturday voted to put Perikatan Nasional (PN) in control of the island constituency.It is the 97-year-old’s first defeat in Malaysia’s parliamentary elections since he lost in 1969. The Langkawi seat was won by Datuk Suhaimi Abdullah from PN, […]
Former Malaysian Prime Minister Mahathir Mohamad lost his seat in Parliament for the first time since 1969. Mahathir Mohamad lost his seat in Parliament after residents of Langkawi on Saturday voted to put Perikatan Nasional (PN) in control of the island constituency. It is the 97-year-old’s first defeat in Malaysia’s parliamentary elections since he lost […]
Sri Lanka unveils a budget on Monday attempting to put the South Asian government's finances in order, with reforms to advance a $2.9 global billion bailout from the island's worst financial crisis since independence in 1948.The post Sri Lanka budget to seek recovery for crisis-hit economy appeared
Sri Lanka President Ranil Wickremesinghe told the Parliament on Thursday (November 10) Sri Lanka won’t have a major issue with food security during next year, hopefully.The post Sri Lanka won’t have a major issue with food security during next year – President appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
World Bank Chief David Malpass during a meeting with President Ranil Wickremesinghe, encouraged the President to continue engaging with Sri Lanka’s official bilateral and private sector creditors to promptly agree on debt restructuring.The post Continue engaging with Sri Lanka’s official bilateral, private sector creditors – World Bank Chief tells Ranil appeared first on Sri Lanka News...
The World Bank has assured Sri Lanka support to rebuild the economy. World Bank Group President David Malpass met President Ranil Wickremesinghe in Sharm el-Sheikh, Egypt on the sidelines of the COP27 climate change conference. Malpass and President Wickremesinghe discussed the challenging
[…]The post Legitimate Demands Of Protestors Need To Me Met appeared first on Colombo Telegraph.
by Jehan Perera The mass protest in Colombo by a large collective of trade unions, student movements, opposition political parties and social activists failed to make an impact. The government had made its own preparations which were more cohesive than those of the protesting groups. They were met with a mobilization of police forces who […]
By Ifham Nizam The Centre for Environmental Justice (CEJ) Director and Senior Advisor Hemantha Withanage has brought to the attention of the Asian Development Bank (ADB) President Masatsugu Asakawa destruction that elephants are wreaking due to the Moragahakanda and Upper Elahera projects built with ADB funds. “We would like to bring to your attention the […]
The Police have warned that it will crackdown on the mass protest scheduled to be staged in Colombo today (Wednesday). According to reports, the Police have issued letters to the protest leaders today saying they have not been given permission to go ahead with the protest. The protesters are expected to stage a walk and […]
Several Business Chambers in a joint statement noted with concern that some organizations have called for mass protests on 2nd November. While recognizing their freedom of speech and right to express views, the Chambers requested all parties to call off protests of this nature that could undermine the efforts being taken to resolve the current […]
Months after plans were announced to launch a unique initiative to boost astro tourism, Ladakh is ready to get the first Dark Sky Reserve of the country. Radha Krishna Mathur, the Lieutenant Governor of Ladakh, will virtually inaugurate the facility on October 31. The initiative by the Ladakh Autonomous Hill Development Council (LAHDC), the Union […]
Prime Minister Dinesh Gunawardena states that the direct contribution of governors and provincial council officers and former public representatives is essential for the success of the rural economic revival and food security programme.The post We should go beyond the traditional systems to earn more foreign income – Prime Minister appeared first on Sri Lanka News - Latest Breaking News in S...
[…]The post The 22nd A (Now 21A) Could Lead To Another Constitutional Cum Political Crisis appeared first on Colombo Telegraph.