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Hambantota in southern Sri Lanka housed ousted President Gotabaya Rajapaksa following the recent crisis, until he was forced to flee the country entirely. That continues a trend of the city, and especially its strategic deep-sea port, being in the news for all the wrong reasons. In 2017, when Sri Lanka found itself struggling to make […]
- Over 400 respond (Category: Breaking News)
- IFC to provide $400 million to banks in Sri Lanka (Category: Breaking News)
- $ 400 m IMF lifeline for struggling Sri Lanka (Category: Business)
- IPO To Raise Rs. 400 mn (Category: Breaking News)
Sri Lanka is struggling to find dollars to import fuel
- Twice rejected petrol released to the market in Sri Lanka (Category: Breaking News)
- Sri Lanka raises fuel prices by 7.5 percent (Category: Breaking News)
- Sri Lanka Petroleum Corporation calls for tenders to import fuel for six months (Category: Breaking News)
- Cabinet nod to allow specific sectors of economy to import fuel individually (Category: Breaking News)
Blindfolding the statue: By Laleen Jayamanne “I have never found anything to excite the people in quite the way this language issue does”–– Prime Minister SWRD Bandaranaike to a journalist. If true, this observation attributed to Prime Minister SWRD Bandaranaike, is quite chilling in its cynicism. ‘Excitement’ is a political emotion here and SWRD appears to […]
- India’s likely name change; death-dealing Ministries (Category: Breaking News)
- Destabilisation project: ACBC inquiry underway (Category: Breaking News)
- Why The North Should Join The Aragalaya, Not Isolate Itself (Category: Breaking News)
- Paddy harvest vs electricity; storm over style of singing (Category: Breaking News)
The Narendra Modi government has called for an all-party meeting on Tuesday evening to discuss the crucial issue of the Sri Lanka crisis.The post Indian government calls an all-party meet on Sri Lanka crisis appeared first on ONLANKA News - Sri Lanka News - Latest News Sri Lanka - Breaking News from Sri Lanka.
- Serious crisis in Sri Lanka, worry about spillover – Jaishankar (Category: Breaking News)
- Sri Lanka crisis: India calls all-party meet on Tuesday (19) (Category: Breaking News)
- India expected to send ‘positive’ message on debt during Jaishankar’s visit to Sri Lanka (Category: Breaking News)
- Sri Lanka President says proposals set forth by parties to form all-party Government will be sha... (Category: Breaking News)
Pakistan has reached a staff-level agreement with the International Monetary Fund (IMF), a milestone that would pave the way for the release of an additional $1.2 billion in loans and unlock more funding, news agencies reported. The IMF will also consider an extension of the facility to end-June 2023, it said in a statement. The […]
- Pakistan and IMF reach $3 billion staff-level agreement (Category: Breaking News)
- Tranche (Category: Business)
- IMF board approves $700 mln loan as part of Pakistan bailout (Category: Breaking News)
- Pakistan makes formal request to IMF for another bailout (Category: Breaking News)
By Anjana Pasricha NEW DELHI — In Colombo, Sri Lanka’s capital, a sprawling port city showcased as a financial hub to rival Dubai is being set up on 269 hectares of land dredged from the sea. It is the latest of the huge Chinese-funded infrastructure projects in the island country that include a port and […]
- Perils of Chinese Investment in Sri Lanka (Category: Breaking News)
- Chinese state-owned firm to build major Sri Lanka port complex (Category: Breaking News)
- Sri Lana PM laments unilateral termination of Japan, India-funded projects (Category: Breaking News)
- Sri Lanka should prevent Chinese vessel from reaching Hambantota port (Category: Breaking News)
[…]The post Child’s Guide To Debt Restructuring: Not A Cakewalk But A Task Entailing Hard Work appeared first on Colombo Telegraph.
- Child’s Guide To Ranilnomics: Proposed Debt Restructuring Will Pose More Issues Than Answers (Category: Breaking News)
- Child’s Guide To Foreign Borrowings: Are They An Evil Or Not? (Category: Breaking News)
- A Child’s Guide To Demand Of 182 Academics For Cancelling Sri Lanka’s Foreign Debt (Category: Breaking News)
- Child’s Guide To UK’s Trade Concessions To Developing Countries (Category: Breaking News)
[…]The post Why I Don’t Support The Aragalaya appeared first on Colombo Telegraph.
- The Aragalaya & Morality (Category: Breaking News)
- Whither Lanka? (Category: Breaking News)
- Futility Of Transforming A Nation Built Over A Political Cesspit (Category: Breaking News)
- Unarmed but not peaceful (Category: Breaking News)
[…]The post Crisis Deepens Without Rescue Plan appeared first on Colombo Telegraph.
- Could A ‘National Government’ Resolve The Crisis? (Category: Breaking News)
- Current State Of Sri Lankan Economy, According To Dhananath Fernando (Category: Breaking News)
- Child’s Guide To Ranilnomics: Proposed Debt Restructuring Will Pose More Issues Than Answers (Category: Breaking News)
- IMF Facility? Is It Sufficient To Deliver Prosperity To Sri Lankans? (Category: Breaking News)
Views of Milton Friedman, Robert Mundel and how John Greenwood and Alan Walters set up the Hong Kong currency board
- Milton Friedman’s views on currency boards explained by Hanke amid Sri Lanka soft-peg crisis (Category: Breaking News)
- Sri Lanka continues to soft-peg in May intervening in both directions (Category: Breaking News)
- Sri Lanka central bank deep in debt, dollar shortages at ‘guidance’ rate : Wijewardena (Category: Breaking News)
- Sri Lanka rates elevated amid failed float and DDR fears (Category: Breaking News)
Sri Lanka’s international creditors have formed a group to start debt restructuring talks with the embattled South Asian country. The group has hired heavyweight legal firm White & Case while Colombo will be represented by Clifford Chance. Amundi Asset Management, BlackRock, HBK Capital Management, Morgan Stanley Investment Management and T. Rowe Price Associates are among members of the [R...
- Colombo Lotus Tower attracts over 1.4 million visitors (Category: Breaking News)
- CPC and PUCSL at war over quality of crude oil (Category: Breaking News)
- President decides not to extend State of Emergency (Category: Breaking News)
- Sri Lankan Rupee continues to strengthen against USD (Category: Breaking News)
Sri Lanka’s fuel stocks will last for about five more days, its power and energy minister said on Thursday (Jun 16), as the island nation awaits official confirmation from the Indian government for a new US$500 million credit line for fuel. The country of 22 million people is caught in its worst financial crisis in […]
- Octane 95 Petrol available for 6 weeks (Category: Breaking News)
- Only limited amount of petrol available till 23rd June (Category: Breaking News)
- Final shipment of fuel under Indian Credit Line arrives in Sri Lanka (Category: Breaking News)
- Transportation of fuel temporarily suspended (Category: Breaking News)
[…]The post The National List & The House Of Duds appeared first on Colombo Telegraph.
- Important But Imperfect: Recommendations On The Draft 21st Amendment To The Constitution Bill (Category: Breaking News)
- Should The People Suffer In The Hands Of The Utterly Corrupt 1+225? (Category: Breaking News)
- Les Enfants Du Paradis – Part III (Category: Breaking News)
- Jugglery alleged in Constitution making process: SJB, Gevindu make strong case against jumbo Cab... (Category: Breaking News)
Sri Lanka may be compelled to buy more oil from Russia as the island nation hunts desperately for fuel amid an unprecedented economic crisis, the newly appointed Prime Minister said. Prime Minister Ranil Wickremesinghe said he would first look to other sources, but would be open to buying more crude from Moscow. Western nations largely […]
- Finland Prime Minister ousted, conservatives win tight vote (Category: Breaking News)
- Sri Lanka crisis raises alarm about further unrest in APAC region (Category: Breaking News)
- Japan to organize Sri Lanka creditors’ meeting over debt crisis (Category: Breaking News)
- Sri Lanka former leftist leader blames IMF for Russia’s invasion of Ukraine (Category: Breaking News)
Prime Minister Ranil Wickremesinghe has warned that the next three weeks will be tough for Sri Lanka. Speaking in Parliament today, the Prime Minister said that the public must use fuel and gas as carefully as possible. He also said that unessential travel should be limited as much as possible. “Therefore, I urge all citizens […]
- PM warns Sri Lanka facing threat of hitting rock bottom (Category: Breaking News)
- An Exit Strategy From The Crisis: Agenda For Shared Revival Of Sri Lanka (Category: Breaking News)
- Government’s objective is to develop Sri Lanka as a thriving nation by 2048 (Category: Breaking News)
- Special Statement Delivered By President Ranil Wickremesinghe: Full Text (Category: Breaking News)
“Japan is our long time friend; a nation that has helped our country greatly. But they are now unhappy with us."
- Japan grants US$ 510 million loan to Sri Lanka for social and economic development (Category: Breaking News)
- Crisis-hit Sri Lanka in process to mend Japanese ties after cancelling LRT, ECT projects (Category: Breaking News)
- Japan to organize Sri Lanka creditors’ meeting by year-end – report (Category: Breaking News)
- Japan halts 12 JAICA projects in Sri Lanka until IMF provides roadmap: minister (Category: Breaking News)
[…]The post Sri Lanka’s Economic, Political & Human Crisis appeared first on Colombo Telegraph.
- The Bleak Future For Sri Lanka : 75 Years After Independence (Category: Breaking News)
- Sri Lanka: Typical Propaganda By A Corrupt Nefarious Regime! (Category: Breaking News)
- Ranil Wickremesinghe’s Sixth (Mis)adventure: An Indisputable Reason For The ‘Aragalaya’ To Stay ... (Category: Breaking News)
- High Time To Repeal The PTA & Release All Prisoners Held Under It (Category: Breaking News)
[…]The post RW’s Tax Hike Welcome But Much More To Be Done To Come Out Of The Crisis appeared first on Colombo Telegraph.
- How long will power cuts be? (Category: Breaking News)
- Child’s Guide To Ranilnomics: Actual Tax Payment Is Not What One Pays Today (Category: Breaking News)
- Sri Lanka revenue officers slam politicians, policy makers for tax cuts (Category: Breaking News)
- Fitch cuts Japan debt rating to A+, outlook negative (Category: Business)
[…]The post Dollar Crunch & Expanding Horizons appeared first on Colombo Telegraph.
- IMF – Eagerly Awaited – Desperation Grows! (Category: Breaking News)
- Budget 2023: A Depth Or Dearth (Category: Breaking News)
- Current Political Scenario: Smoke & Mirrors (Category: Breaking News)
- Reducing The Tax Burden (Category: Breaking News)
India extended an additional USD 500 million credit line to help Sri Lanka import fuel as the country has been struggling to pay for imports after its foreign exchange reserves plummeted sharply in...Click on the headline to read the full story
[…]The post Could A ‘National Government’ Resolve The Crisis? appeared first on Colombo Telegraph.
- Crisis Deepens Without Rescue Plan (Category: Breaking News)
- Recent Political Violence And Its Consequences (Category: Breaking News)
- Current Political Scenario: Smoke & Mirrors (Category: Breaking News)
- IMF Facility? Is It Sufficient To Deliver Prosperity To Sri Lankans? (Category: Breaking News)
[…]The post Causes Of Economic Crisis In Sri Lanka & Lessons For A New Age appeared first on Colombo Telegraph.
- Inflation – Public Enemy Number One (Category: Breaking News)
- Navigating The Economic Reawakening & Sustainable Growth (Category: Breaking News)
- Raising the bar: The rise of the Sri Lankan economy (Category: Business)
- The Contribution Of The Monetary Policy For Overcoming The Current Economic Crisis Faced In Sri ... (Category: Breaking News)
Delays is fiscal reforms can reduce the recovery rate
- Exemptions for ACCA members to follow Australian MBA offered at CA Sri Lanka (Category: Business)
- National question must not be treated as a rift between the Sinhalese and Tamils with Muslims ca... (Category: Breaking News)
- 26th National CA Students’ Conference on 4 April (Category: Business)
- CA Sri Lanka goes to Kalmunai (Category: Business)
[…]The post A Child’s Guide To Currency Boards: Why Did Ceylon Give Up The Currency Board, While Singapore Didn’t? appeared first on Colombo Telegraph.
- Child’s Guide To Currency Board Systems: Steve Hanke’s Crusade For Currency Boards (Category: Breaking News)
- A Child’s Guide To Currency Board Systems: Has The Monetary Board Failed The Nation? (Category: Breaking News)
- A Child’s Guide To Currency Board Systems: The Performance Of Ceylon’s Currency Board (Category: Breaking News)
- A Child’s Guide To Modern Monetary Theory: Keynesianism In An Old Bottle? (Category: Breaking News)
Prime Minister Ranil Wickremesinghe today painted a gloomy picture for Sri Lanka saying the country will face an even more difficult time period in the short term. In an address to the nation today, the Prime Minister said that there are petrol stocks only for a single day, there is a possibility that the daily power […]
- PM warns fuel situation to get worse over next few weeks (Category: Breaking News)
- Fuel stocks sufficient for only around five days (Category: Breaking News)
- Leadership of Gota and Ranil rejected (Category: Breaking News)
- India focusing on ways it can help Sri Lanka economically (Category: Breaking News)
[…]The post The Story Of The Occasional Cinemagoer: Part II appeared first on Colombo Telegraph.
- GR Regime’s New Year Gift To Muslims (Category: Breaking News)
- GR Regime’s New Year Gift To Muslims (Category: Breaking News)
- GR Regime’s New Year Gift To Muslims (Category: Breaking News)
- Pandemic Causes Double Whammy For Sri Lankan Muslims (Category: Breaking News)
Sri Lanka has been facing a severe economic crisis since the beginning of 2021 and was trying to cushion the effect of the financial instability by seeking help from almost all friendly countries. Sri Lanka sought the intervention of the good offices of the political hierarchy of Bangladesh and Pakistan, apart from India, for much-needed […]
- China assures will not harm Sri Lanka’s interests (Category: Breaking News)
- China only observer in Sri Lanka’s debt restructuring platform (Category: Breaking News)
- by Arundathie Abeysinghe U.S., Japan, India and Australia ready to intervene to prevent Sri Lank... (Category: Breaking News)
- China’s attitude puzzles Sri Lanka (Category: Breaking News)
[…] The post Lack Of Accountability, Ability & Credibility appeared first on Colombo Telegraph.
- Changing Pillows To Cure Headaches: Concepts, Solutions & Actions (Category: Breaking News)
- President Must Resign Now! (Category: Breaking News)
- Debt Trap, Lack Of Accountability & Blunders (Category: Breaking News)
- Changing Pillows To Cure Headaches: Politicians—Constitutional Amendment Mess (Category: Breaking News)
[…] The post An Exit Strategy From The Crisis: Agenda For Shared Revival Of Sri Lanka appeared first on Colombo Telegraph.
- What’s Next, After The Rajapaksa Clan & #GotaGoGama Are Both Gone? (Category: Breaking News)
- A Postscript To Political Crisis: A Way Out (Category: Breaking News)
- The First Step Of Aragalaya Is Completed: What Is Next? (Category: Breaking News)
- What’s The Country Need Now? (Category: Breaking News)
22-04-2022, Amsterdam: In the latest series of EFSAS interviews, Mr. Junaid Qureshi (Director EFSAS) welcomed virtually Professor Mick Moore, a highly regarded political economist and professorial fellow at the Institute of Development Studies at the University of Sussex. He is also the founding CEO of the International Centre for Tax and Development and was appointed […]
- Sri Lanka state finances would improve with domestic domestic restructure: think tank (Category: Breaking News)
- China leaves crisis-ridden Sri Lanka in the lurch to fend for itself (Category: Breaking News)
- 182 Experts Call For Debt Cancellation But Private Investors Play Hardball (Category: Breaking News)
- A Generational Shift To Face The Crisis In Sri Lanka (Category: Breaking News)
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