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By Neville Ladduwahetty During President Ranil Wickremesinghe’s India visit in July 2023, five Memorandums of Understanding (MOU) were signed by India and Sri Lanka to establish physical connections between the two countries. This was followed more recently by the launch of the Unified Payments Interface (UPI) – a mechanism that claims to reduce the cost […]
Sri Lankan President Ranil Wickremesinghe, addressing concerns about China’s increased presence in the Indian Ocean region, said the island nation would not allow anything that would jeopardize India’s security.The post Sri Lanka will not allow anything harmful to India’s security – President Ranil appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
ECONOMYNEXT –An Indian firm is in the process of getting permission to manage Sri Lanka’s three airports including the main Bandaranaike International Airport (BIA) where the there is an over saturation in foreign tourists, Tourism Minister Harin Fernando said. The island nation is expecting 2.2 million tourists for 2024, but the main airport needs capacity […]
By Saman Indrajith Forty-eight-year-old Batticaloa District MP Sivanesathurai Chandrakanthan, popularly known as Pillayan, has been shaping the Eastern Province’s political narrative since he was a teenager. He was just 16-years old when he joined the LTTE in 1990 as a child soldier. Since then, he continued to rise in the ranks of the LTTE until […]
Sri Lanka earned 205.3 million US dollars from tourism during the month of November 2023, which is over twice the amount in the corresponding month in 2022, the latest data by the Central Bank of Sri Lanka (CBSL) have revealed. The revenue from tourism in November 2022 was 81 million dollars, according to official data.The […]
By Y P Prakash India’s Strategic Lunar Missions Contrast with Sri Lanka’s Costly Ventures and Underutilized Infrastructure, Highlighting Investment Priorities and Technological Futures Over the course of several years, the investment in India’s space exploration missions has seen both accomplishments and financial considerations. In 2008, the pioneering Chandrayaan-1 mission was ...
[…]The post Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? appeared first on Colombo Telegraph.
The developing Indo-Lanka relations, particularly the process since early 2022 should be examined taking into consideration the significant role played by Sri Lanka’s High Commissioner in New Delhi Milinda Moragoda, who received the Cabinet rank. At the time President Gotabaya Rajapaksa sent the former UNP Minister, one -time close associate of UNP leader Ranil Wickremesinghe, […]
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 […]
The economic crisis has placed Sri Lanka among the 20 poorest countries in Asia. A report published on Insider Monkey noted that while Sri Lanka is classified as a developing country, it is currently facing an economic crisis characterized by the devaluation of its currency, increasing inflation, and a humanitarian emergency caused by a severe […]
The Picturesque region of Kashmir is gearing up to host the prestigious G20 Summit for the first time in its history. The event, which will take place from May 22 to 24 at the SKICC on the banks of the famous Dal Lake in Srinagar, is expected to have a positive impact on the tourism […]
Sergey Cheryomin, head of the department for external economic and international relations of Moscow, on Wednesday said trade between India and Russia is expected to reach $50 billion or more. Cheryomin was speaking at the Russia-India business forum programme in New Delhi. The Russian minister
The Sri Lankan government is seeking Russian cooperation in multiple sectors, namely, tourism, air traffic, and locomotive construction, besides eyeing crude from Moscow.The post Sri Lanka mulls buying Russian oil & fertilizers appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
Sri Lankan President Ranil Wickremesinghe emphasized during an interview organized by Harvard University on the 24th, through Zoom technology, that Sri Lanka’s access to the growing Indian and African markets should not be disrupted by any big power rivalry or conflictThe post Sri Lanka’s access to growing Indian & African markets cannot be disrupted – President Ranil appeared fir...
[…]The post Conflict Resolution Might Be The Way Out? appeared first on Colombo Telegraph.
[…]The post Waiting For Godot: Can Some Developing Nations Unite & Transform The Planet? appeared first on Colombo Telegraph.
Russia was the top source market for tourists in Sri Lanka in February. Airport and Aviation Services (Sri Lanka) (Private) (Limited) said that 29,084 tourists arrived in Sri Lanka from Russia in February. The top five source markets for Sri Lanka in February have been Russian Federation, 29,084
[…]The post Alternatives To The IMF & The Future Of The Welfare State: Beyond The Blame Game Between Superpowers appeared first on Colombo Telegraph.
[…]The post Ranil’s Prospects At The Next Election appeared first on Colombo Telegraph.
The mayor of Paris does not want Russia to compete at the 2024 Olympic Games while the war in Ukraine continues. Anne Hidalgo said last month she was in favour of Russia competing under a neutral banner, but has changed stance. The International Olympic Committee (IOC) has said Russians
The Olympic committees of five Nordic nations have backed calls for the ban on Russian and Belarusian athletes to be upheld for the Paris 2024 Games. In a joint statement the Finnish, Icelandic, Norwegian, Swedish and Danish committees said: “Now is not the right time to consider their return.” The International Olympic Committee (IOC) has […]
China will resume outbound group travel to a selected group of countries, including Sri Lanka, early next month, the Chinese Ministry of Culture and Tourism said. The Ministry said in a notice on its website on Friday that a pilot program will take effect on Feb 6 to allow travel agencies to open outbound group […]
(AFP)Sri Lanka on Thursday welcomed the first Russian travellers aboard a new flight service that was launched after the bankrupt nation urged Moscow to help revive its beleaguered economy by sending tourists. Russia was Sri Lanka’s biggest source of visitors at the start of the year but arrivals
Russia's Red Wings airline has made its first direct flight from Moscow to Sri Lanka today (December 29).The post Russia’s Red Wings Airlines commences charter flights to Mattala appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
By Easwaran Rutnam Italy has sought Sri Lanka’s support in its bid to secure the rights to host the 2030 Expo in Rome. Russia, South Korea, Italy, Ukraine, and Saudi Arabia have submitted bids to hold the prestigious event. Gaetano Castellini Curiel, the Deputy Coordinator of the campaign
[…]The post Budget 2023: A Depth Or Dearth appeared first on Colombo Telegraph.
People’s Bank recently entered into an agreement with the National Investment Industrial Bank in Russia to facilitate anovel remittance mechanism that enables efficient and convenient fund transfers from Russia to accounts in Sri Lanka. According to this arrangement, beneficiaries in Sri Lanka
By MAHADIYA HAMZA ECONOMYNEXT – Sri Lanka’s tourism revival is facing a challenge in bringing in more high spending foreign visitors due to increasing protests locally while monetary tightening, impacts of Russian invasion into Ukraine, and rising inflation globally.The move is likely to slow the island nation’s recovery from the unprecedented economic crisis as it is […]
Tourism Minister Harin Fernando expressed confidence that Sri Lanka will see more tourist arrivals over the next 2 months even as Aeroflot returned to Sri Lanka today with a group of Russian tourists. Aeroflot arrived at the Bandaranaike International Airport after a gap of 4 months. “Happy to welcome a full @Aeroflot_World with tourists from […]
Russia’s Aeroflot flight arrived at the Bandaranaike International Airport (BIA) this morning (October 10), resuming flights between Moscow and Colombo after a lapse of 4 months.The post Aeroflot flies back to Sri Lanka after 4 months appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.