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[…]The post Political Buddhism & Corruption: The Unholy Twins appeared first on Colombo Telegraph.
Nearly 2,000 public sector employees have opted to obtain extended leave for a five-year period to travel overseas for employment.The post Some 2,000 state employees went abroad on five-year no-pay leave appeared first on Sri Lanka Breaking News and Top Headlines - ONLANKA News.
By NESHELLA PERERA Millions of less affluent Sri Lankans works in the Middle East are sending money home to keep the economy afloat while the more educated who hold higher post in developed countries keep money stashed elsewhere, Labour Minister Manusha Nanayakkara said. “The most amount of foreign exchange generated for Sri Lanka comes from the […]
The Central Bank of Sri Lanka (CBSL) says earnings from merchandise exports declined marginally by 2.0% in March 2023 (year-on-year) to USD 1,037 million.
[…]The post National Reconciliation, Criminal Accommodation & Election Juggling appeared first on Colombo Telegraph.
[…]The post Is It 1848 Again? Unrest This Time Is Global appeared first on Colombo Telegraph.
Sri Lanka's key inflation rate eased to 35.3% in April from 50.3% in March, the statistics department said on Friday, a sign of relief for the crisis-battered economy.The post Sri Lanka’s key inflation rate eases to 35.3% in April appeared first on Sri Lanka Breaking News and Top Headlines - ONLANKA News.
[…]The post Are We Leading From Behind? appeared first on Colombo Telegraph.
By Saman Indrajith Tamil National Alliance (TNA) MP Shanakiyan Rasamanickam yesterday told Parliament that the debate on the country’s agreement with the IMF was a waste of time as the two parties had already signed the agreement. “This is a waste of time. We are talking about this for three days and we are spending […]
Minister of Education, Susil Premajayantha, told Parliament, yesterday, that they have taken steps to increase the monthly allowance, paid to students at teacher training colleges, in the form of a bank loan. The Minister added that they are finalizing the recruitment of new students to teacher training colleges. “We held the exams in January 2023. […]
[…]The post IMF Relief Is Momentary, Blackhole Of A Gulf Between ‘Haves’ & ‘Have-Nots’ Is Widening! appeared first on Colombo Telegraph.
The second reading of the Central Bank of Sri Lanka Draft Bill is due to be debated in Parliament on 11 May.
Foreign Affairs Minister Ali Sabry is slated to leave for Incheon, South Korea to attend the 56th Annual Meeting of the Board of Governors of the Asian Development Bank (ADB). MORE.
The Annual Report of the Central Bank of Sri Lanka (CBSL) 2022 was presented by Central Bank Governor Dr. Nandalal Weerasinghe to the Minister of Finance Economic Stabilization and National Policies, President Ranil Wickremesinghe at the Ministry of Finance today (27).
British organisations that are working in other nations must follow the laws of those countries, the UK’s top diplomat in India told NDTV today, days after Indian authorities investigated the BBC and Oxfam India for alleged violation of foreign funding rules. The Enforcement Directorate has filed a case against BBC India under the Foreign Exchange […]
India jumps 6 places to rank 38 out of 139 countries in the 7th edition of the Logistics Performance Index (LPI 2023) of the World Bank. On 4 out of 6 LPI indicators, India has registered a remarkable improvement because of various initiatives being implemented, hence World Bank has acknowledged the efforts towards increasing logistics […]
As the Truly Sri Lankan Bank, Pan Asia Bank values employee engagement, especially when celebrating the nation’s rich heritage, the Sinhala & Tamil New Year. Recently, Pan Asia Bank held Sinhala and Tamil New Year festivities by upholding all the traditional customs while also respecting diversity and inclusion of all employees through many vibrant activities. […]
Powering the 89th annual Battle of the Saints, Sri Lanka’s leading private sector bank HNB PLC, reaffirmed its commitment as the official banking partner for the highly anticipated cricket encounter at the Sinhalese Sports Club on April 28, 29 and 30. The match will see the two leading Catholic schools, St. Josephs College and St. […]
The Government is to regulate the poultry and egg industry to ensure uninterrupted supply of poultry and eggs to consumers at a reasonable price. A discussion regarding the import of maize to be used for the production of poultry feed was held at the Presidential Secretariat under the patronage of the Minister of Agriculture Mahinda […]
Sri Lanka's economy is expected to shrink by 2% in 2023, its central bank said in an annual report on Thursday, as the country struggled to emerge from its worst financial crisis in decades.The post Sri Lanka’s economy to shrink by 2% in 2023, Central Bank says appeared first on Sri Lanka Breaking News and Top Headlines - ONLANKA News.
Minister of Power Energy Kanchana Wijesekera has met with the Country Director of the Asian Development Bank (ADB) and the energy experts on Thursday to discuss a wide range of topics.
The Annual Report of the Central Bank of Sri Lanka (CBSL) for the Year 2022 was presented today (27) to the President and Minister of Finance, Economic Stabilization and National Policies, Ranil Wickremesinghe by the Governor of the Central Bank, Dr. P Nandalal Weerasinghe.
The USAID s Sri Lanka Energy Project and the Asia Development Bank (ADB) have collaborated to launch the Sri Lanka National Chapter WePOWER to promote the advancement of women working in the country s local energy sector.
The Government is to consider restructuring Sri Lanka’s domestic debt, but a final decision is yet to be taken, President Ranil Wickremesinghe told Parliament today. He said that all aspects will be looked into when restructuring Sri Lanka’s domestic debt. “Some banks are saying they will not be able to face this. Then they must […]
Wednesday 26th April, 2023 Former Minister of Justice and Constitutional Affairs Prof. G. L. Peiris, MP, has faulted the IMF for paying scant attention to the high incidence of corruption in Sri Lanka. He has struck a responsive chord with the public. When the current dispensation stopped dilly-dallying and asked for IMF assistance, many Sri […]
Sri Lanka is caught up in the China-Quad battle. The Indian participation in the ‘Quad’ project has further complicated matters for Sri Lanka. President Gotabaya Rajapaksa’s ouster, last July, following a US-backed protest campaign that overwhelmed the seemingly invincible administration, underlines the urgent need for a thorough examination of external interventions. By Shamindra Ferdinando The [...
Indian tourists visiting Sri Lanka will be able to pay for transactions in Indian Rupees (INR), the Governor of the Central Bank of Sri Lanka Nandalal Weerasinghe said. Delivering a special address in the Webinar on ‘Economic Scenario of Sri Lanka: Current Status and Way Ahead’, organized by Federation of Indian Chambers of Commerce and […]
The Governor of the Central Bank of Sri Lanka (CBSL) Dr. Nandalal Weerasinghe has stated that Indian tourists visiting Sri Lanka can now use the Indian Rupee (INR) for local transactions.
Sri Lanka President Ranil Wickremesinghe said that any attempt to disturb the education system of the country, whether directly or indirectly, will not be permitted, and if required, new legislation will be introduced to address such conduct.The post Sri Lanka President says No one will be allowed to directly or indirectly disrupt education system appeared first on Sri Lanka Breaking News and Top ...
Beijing [China], April 22 (ANI): China has produced the majority of the world’s rare earth elements (REE), accounting for about 90 per cent of the material, since the 1980s. Some of the largest reserves in the world can be found there, reported Just Earth News. China is home to over 35 per cent of the […]