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The Australian government will lift emergency aid to Sri Lanka to AU$75 million as the south Asian island grapples with an economic crisis that has triggered a new surge of people fleeing on boats for Australia.
Minister Susil Premajayantha says he does not believe that former President Gotabaya Rajapaksa will get involved in politics again after returning to Sri Lanka.
Stocks fell in the last two sessions on profit taking
- Sri Lanka’s NTB profits down 12-pct in March quarter (Category: Breaking News)
- Sri Lanka’s People’s Leasing net down 37-pct in March (Category: Breaking News)
- Sri Lanka’s Haycarb March net up on forex gains (Category: Breaking News)
- Sri Lanka sells Rs80bn in mostly 3-month bills, down 18bp (Category: Breaking News)
During a discussion this evening, the Sri Lanka Podujana Peramuna (SLPP) has requested President Ranil Wickremesinghe to facilitate the return of former President Gotabaya Rajapaksa to Sri Lanka, MP Sanjeeva Edirimanna said.
Police said that a total of 12 persons have been arrested so far following the protest by university students at Union Place in Colombo today (18).
A guidance peg for interbank transactions weakened by one cent to 360.97 rupees
- Tight Policy (Category: Business)
- Trade deficit expands 49% (Category: Breaking News)
- Sri Lanka's Central Bank Lowers Reverse Repurchase Rate to 9% From 9.5% (Category: Breaking News)
- GDP growth rate revised - Central Bank Governor (Category: Breaking News)
The grant was given in response to a request by Sri Lanka’s government.
- Bond Auction (Category: Business)
- ‘SL will implement home-grown solution’ (Category: Breaking News)
- Market Flavour (Category: Business)
- Seeking Direction (Category: Business)
Immigration officials stated that the police and SSD were on the lookout for Fraser.
- Sri Lanka cancels visa of Scotswoman who documented anti-govt protests (Category: Breaking News)
- Working with the enemy (Category: Australia, Queensland)
- A touch of Don Juan (Category: Australia, Queensland)
- Murder case winds up (Category: Australia, Tasmania )
Sri Lanka will ask Japan to invite the Indian Ocean island's main creditor nations, including China and India, to talks on bilateral debt restructuring, as it seeks a way out of its worst economic crisis in decades, its president said on Thursday.The post Sri Lanka to ask Japan to open talks on debt restructuring with key lenders appeared first on ONLANKA News :. Sri Lanka Breaking News Updates - ...
- Sri Lanka could wrap up debt restructure talks by Sept, president says (Category: Breaking News)
- Sri Lanka already started ‘low level’ talks with India, China on debt restructuring – President (Category: Breaking News)
- Sri Lanka president to hold debt talks on France visit – sources (Category: Breaking News)
- Japan, India and France launch creditors meeting on Sri Lanka debt (Category: Breaking News)
Wasantha Mudalige, the Convener of the Inter-University Student's Federation (IUSF) has been arrested by the Police.The post Wasantha Mudalige arrested appeared first on ONLANKA News :. Sri Lanka Breaking News Updates - Latest News in Sri Lanka.
- Wasantha Mudalige arrested (Category: Breaking News)
- Wasantha Mudalige arrested (Category: Breaking News)
- ‘They tried to kill me’ – Wasantha Mudalige (Category: Breaking News)
- Wasantha Mudalige released from case filed under PTA (Category: Breaking News)
The website also recorded a surge in search traffic from countries such as the UK, Australia, US, Canada and UAE.
- Woman immolates self in Grandpass (Category: Breaking News)
- Cash Chief (Category: Business)
- US warns its citizens of Monday's demos in Lanka (Category: Breaking News)
- Underworld was behind the recent Colombo museum heist (Category: Breaking News)
Sri Lanka will ask Japan to invite the Indian Ocean island s main creditor nations, including China and India, to talks on bilateral debt restructuring, as it seeks a way out of its worst economic crisis in decades, its president said on Thursday.
The Minister of Finance has issued an order granting an amnesty period of one month with effect from August 15, 2022 in order to attract foreign currency held with the public into the banking system.
The Director General of Health Services has confirmed 05 more coronavirus related deaths for yesterday (17), the Department of Government Information reported today (18).
Power and Energy Minister Kanchana Wijesekera has sought a criminal investigation on the Ceylon Petroleum Corporation (CPC) and Ceylon Petroleum Storage Terminals Limited (CPSTL). “Today I lodged a complaint with the CID to investigate CPC & CPSTL activities. Requested to investigate Fuel procurement, Evaluation of proposals, Non placement of orders, Selection of suppliers, Delays in [...
- CEB officials placed on compulsory leave (Category: Breaking News)
- CPC to assure fuel to companies that pay in USD (Category: Breaking News)
- Kanchana insists revision of CEB tariffs a must (Category: Breaking News)
- Power crisis looms as Cabinet cancels coal tender (Category: Breaking News)
The Convener of the Inter-University Student’s Federation (IUSF) Wasantha Mudalige, has been arrested. Mudalige was arrested during the protest march staged in Colombo today.
- Supreme Court orders Police to produce Wasantha Mudalige in court (Category: Breaking News)
- National Security Act to replace PTA (Category: Breaking News)
- Petition challenging Mudalige’s detention to be heard next month (Category: Breaking News)
- Defence Ministry approves 90-day DO on Wasantha Mudalige (Category: Breaking News)
The Police fired tear gas and water on a protest at Union Place this afternoon. The protest was organized by the Inter-University Student’s Federation (IUSF).
- Man murdered inside Nawagamuwa Police Station (Category: Breaking News)
- Galle Face protesters to withdraw today (Category: Breaking News)
- Ape Janabala Pakshaya Chairman arrested (Category: Breaking News)
- Sri Lanka appeals to UK to lift travel advisory (Category: Breaking News)
He said inflation may peak around September below 70 percent before showing a downward trend.
- Sri Lanka’s headline inflation may rise to 70% in coming months – Central Bank of Sri Lanka (Category: Breaking News)
- Sri Lanka inflation bigger threat to business than interest rates: CB Governor (Category: Breaking News)
- Curtailing inflation critical to avert Zimbabwe-like scenario – CBSL Governor (Category: Breaking News)
- CB Governor sees light at the end of the tunnel (Category: Breaking News)
At the moment, the Central Bank is in the process analysing its creditors before it reaches out to them.
- Debt restructuring accelerated through IMF agreement – State Minister for Finance (Category: Breaking News)
- Sri Lanka to brief creditors on IMF deal for economic recovery (Category: Breaking News)
- IMF staff plans to visit Sri Lanka August 24-31 (Category: Breaking News)
- Debt restructuring strategy out in April (Category: Breaking News)
Police fired tear gas and water cannon to disperse the Inter-University Student Federation (IUSF) protest march at Slave Island a short while ago.The post Inter-University Student Federation protest march tear-gassed appeared first on ONLANKA News :. Sri Lanka Breaking News Updates - Latest News in Sri Lanka.
- Police fired tear gas and water cannons at IUSF protestors (Category: Breaking News)
- Inter University Students’ Federation protesters tear gassed (Category: Breaking News)
- Wasantha Mudalige and 56 arrestees remanded until February 27 (Category: Breaking News)
- Sri Lanka’s University Students’ protest march tear-gassed in Colombo (Category: Breaking News)
Minister of Power and Energy Kanchana Wijesekara has lodged a complaint with the Criminal Investigation Department (CID) today to investigate into the Ceylon Petroleum Cooperation (CPC) and Ceylon Petrol Storage Terminals (CPSTL) activities.
Former minister Mervyn Silva, who was arrested by the CID this morning, has been released by the Colombo Additional Magistrate without bail.
Five protesters including IUSF convenor Wasantha Mudalige, against whom an arrest warrant was pending, have been arrested during the protest march at Union Place in Colombo.
A one month amnesty period has been declared to deposit foreign currency in the hands of the public. The Centra Bank of Sri Lanka said that in order to attract foreign currency held with the public into the banking system, the Minister of Finance has issued an Order granting an amnesty period of one month […]
- Sri Lankan residents permitted to have maximum of USD 10,000 (Category: Breaking News)
- Sri Lanka must avoid China’s debt restructuring as Beijing is to seek preferential treatment (Category: Breaking News)
- Lotus Tower to commence operations in September (Category: Breaking News)
- Sri Lanka’s liquid reserves continues to remain significantly low (Category: Breaking News)
Myanmar is set to join a growing list of developing countries that are warming up to Russian oil imports amid growing shortages across some of the most impoverished parts of Asia.
The Police Special Task Force (STF) says a person who had sold cannabis including to school children has been arrested in Thalawathugoda.
The road between Union Place and Town Hall has been blocked by police due to a protest march by university students, Ada Derana reporter said.
Sri Lanka’s negotiations with the International Monetary Fund (IMF) is making good progress and that an IMF delegation is expected to visit Sri Lanka by the end of August to reach a staff-level agreement, Central Bank Governor Dr. Nandalal Weerasinghe said.The post IMF to visit Sri Lanka in late August for staff-level agreement – Central Bank Governor appeared first on ONLANKA News :. Sri La...
- IMF team to visit Sri Lanka by month-end for staff-level agreement (Category: Breaking News)
- Sri Lanka has made good progress in negotiations with IMF – CBSL chief (Category: Breaking News)
- IMF staff plans to visit Sri Lanka August 24-31 (Category: Breaking News)
- Sri Lanka to officially present IMF deal, debt restructuring plans to creditors tomorrow (Category: Breaking News)
Former Sri Lankan Minister Mervyn Silva was arrested by the Criminal Investigations Department (CID) today (August 18).The post Mervyn Silva arrested by the CID appeared first on ONLANKA News :. Sri Lanka Breaking News Updates - Latest News in Sri Lanka.
- Mervyn Silva arrested by CID (Category: Breaking News)
- Former minister Mervyn Silva released without bail (Category: Breaking News)
- CID arrests Immigration Officials for issuing fake passports to criminals (Category: Breaking News)
- Kavinda lodges complaint with CID over Maithripala’s recent comments on Easter Attacks (Category: Breaking News)
Former Sri Lankan President Gotabaya Rajapaksa who fled the country last month amidst public protests calling for his resignation, is awaiting to obtain a US Green Card to return back to the United States and settle there with his wife and son.The post Gotabaya Rajapaksa applies for U.S. Green Card, looks to settle back in United States appeared first on ONLANKA News :. Sri Lanka Breaking News Upd...
- Gotabaya Rajapaksa and wife leave for USA (Category: Breaking News)
- Gotabaya Rajapaksa will return to Sri Lanka (Category: Breaking News)
- Gotabaya Rajapaksa concludes holiday in Dubai and returns to Sri Lanka (Category: Breaking News)
- Gotabaya Rajapaksa officially resigns as President of Sri Lanka (Category: Breaking News)
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