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The Sri Lankan government has taken significant steps to revitalize its national carrier, SriLankan Airlines, amidst mounting debt challenges.The post Sri Lanka Government extends deadline for SriLankan Airlines restructuring amid debt crisis appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- SriLankan Airlines says paid interest on US$ 175 million bond after sovereign debt default (Category: Breaking News)
- SriLankan CEO believes ‘worst is over’, expects $50 Million profit next year (Category: Breaking News)
- Turbulence ahead: Airline on the block in Sri Lanka reforms (Category: Breaking News)
- SriLankan Airlines obtains Government’s approval to recruit foreign pilots (Category: Breaking News)
Political party leaders slammed officials of the Central Bank, including the Governor, for increasing the salaries of bank officials at a time when the country is still recovering from an economic crisis. Central Bank Governor Nandalal Weerasinghe and senior bank officials were summoned for a party leaders meeting in Parliament on Tuesday. According to the […]
- Central Bank officials summoned to party leaders’ meeting over salary hike (Category: Breaking News)
- Public Finance committee wants CBSL to defer pay hike (Category: Breaking News)
- Muthukumarana sworn in as a Member of Parliament (Category: Breaking News)
- CBSL Governor refuses to resign over pay hike issue (Category: Breaking News)
In addition to the officials and categories of individuals required to disclose their assets and liabilities as specified in the amended Declaration of Assets and Liabilities Law No. 01 of 1975 by Act No. 74 of 1988, Section 80 of the Anti-Corruption Act No. 09 of 2023 introduces provisions for further disclosure by various other […]
- More Pressure On Media – Govt. Wants Assets Declared Before End April (Category: Breaking News)
- TISL warns Anti-Corruption Bill poses threat to RTI (Category: Breaking News)
- Declaration of Assets and Liabilities Law amended to include new officer categories and personnel (Category: Breaking News)
- Sri Lanka one of the most corrupt nations in the world (Category: Breaking News)
The Cabinet of Ministers approved the proposal made by the Minister of Irrigation to provide 0.99 hectares each on the water surface of the Chandrika wewa Reservoir located in the Embilipitiya Divisional Secretariat Area and the water surface of the Kiriibban wewa Reservoir located in Sewanagala Divisional Secretariat Area and plots of 0.1 hectares each […]
- Sri Lankaâs largest Hydro-Power Reservoir starts to Spill (Category: Breaking News)
- Body found in a reservoir in Maskeliya (Category: Breaking News)
- Life in Chinese village that does not exist (Category: Technology)
- Reservoir firefighters battle wind to extinguish blaze at apartment complex (Category: USA, Mississippi)
Sri Lankan President Ranil Wickremesinghe revealed that over the past 14 months, the Parliament has enacted 42 new laws to facilitate the country’s economic transformation.The post Sri Lanka President says 42 new laws enacted for economic transformation, 62 laws due for enactment appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Parliament has passed 42 new laws in the Last 14 months – President (Category: Breaking News)
- Sri Lanka risks returning to bankruptcy within a decade unless steps taken promptly – President (Category: Breaking News)
- Proposed laws set to introduce structural changes, will be presented to Parliament in May – Pres... (Category: Breaking News)
- Sri Lanka President calls for legal modernization to propel Sri Lanka’s economic growth (Category: Breaking News)
By Rathindra Kuruwita The Committee on Public Finance (COPF) had invited all Members of Parliament to a meeting it was scheduled to have with the officials of the Central Bank of Sri Lanka (CBSL), on Tuesady (05), COPF Chairman, MP Harsha de Silva told journalists in Colombo yesterday. “We will ask them to explain the […]
- COPF green-lights proposed domestic debt restructuring program (Category: Breaking News)
- Speaker accused of being notorious for suspending Standing Orders (Category: Breaking News)
- Anura Priyadharshana Yapa appointed CoPF chairman (Category: Breaking News)
- COPF asks Finance Ministry to declare selling price of wheat flour (Category: Breaking News)
Hopes had been high over the past week following talks in Paris that there could be a new Gaza ceasefire deal in place for the start of the Islamic holy month of Ramadan next week. However, while Hamas has now sent a delegation to Cairo for further negotiations with Egyptian and Qatari mediators, Israel has […]
- Israeli hostages holding white cloth shot dead by Israeli soldiers (Category: Breaking News)
- Israeli forces pushing into south Gaza (Category: Breaking News)
- Hostages shot by IDF put out ‘SOS’ sign written with leftover food (Category: Breaking News)
- Hamas deputy leader Saleh al-Arouri killed in Beirut blast (Category: Breaking News)
There is always a method to Chinese madness and this applies to its “Xiaokang Villages” also. Construction of these villages began across the Line of Actual Control (LAC) just over a decade ago, China has today began populating them. The delay in getting residents for these villages is probably because of the reluctance of Tibetans […]
- China’s approach to develop border areas centred on coercion and encroachment (Category: Breaking News)
- Pentagon report claims China considered Sri Lanka for military logistic support (Category: Breaking News)
- India-China border skirmish signals volatile ‘new normal’ (Category: Breaking News)
- Coup a further complication for tricky Myanmar-China ties (Category: USA, South Dakota)
Pakistan must navigate challenges in the finance sector by diversifying its economic alliances, reducing dependence on singular partners, and negotiating funding arrangements that align with its long-term developmental objectives. The road ahead demands astute diplomatic manoeuvring, a commitment to economic resilience, and a proactive approach to curb corruption and inefficiencies of the Pakistan...
- As economic situation looks gloomy in Pakistan, IMF advises strict measures (Category: Breaking News)
- Amid surge in inflation, Pakistanis face difficulties in performing Haj (Category: Breaking News)
- IMF asks Pakistan to take steps to be able to function as a country (Category: Breaking News)
- SPECIAL: Minority Rights and Electoral Dynamics in Pakistan (Category: Breaking News)
The officials of the Central Bank of Sri Lanka (CBSL) have been summoned to the Cabinet meeting scheduled to be held on Tuesday (March 05).
By Shamindra Ferdinando Gevindu Cumaratunga, MP, has sought Prime Minister Dinesh Gunawardena’s intervention to ensure State Finance Minister Shehan Semasinghe on behalf of President Ranil Wickremesinghe, who holds the Finance portfolio, provided a satisfactory answer to several queries he raised regarding the status of the Employees Provident Fund (EPF) as at 31 Dec., 2022. In […]
- Discrepancy in interest paid to EPF members: SC moved by lawmaker (Category: Breaking News)
- MP drops bombshell over EPF discrepancy, demands immediate remedy (Category: Breaking News)
- JVP Leader nails govt. on ETF, EPF balances (Category: Breaking News)
- Over 70% salary hike for CBSL employees: Gevindu demands explanation from FM (Category: Breaking News)
Monday 04th March, 2024 The Central Bank of Sri Lanka (CBSL) is drawing heavy flak for having granted its workers generous pay hikes amidst a crippling economic crisis. Its critics are arguing that such salary increases, allegedly ranging from 29% to 70%, should not have been given at a time when the government is asking […]
- CBSL denies 70% pay hike (Category: Breaking News)
- MPs call for abolition of collective agreement (Category: Breaking News)
- TUs affiliated to UNP, SLPP, JVP endorsed CBSL pay hikes (Category: Breaking News)
- CB salary controversy: Issue is not increase but size of it, says Harsha (Category: Breaking News)
by Dhara Wijayatilake Director and Secretary General of the International ADR Center Sri Lanka ratified the UN Convention on International Settlement Agreements Resulting from Mediation, popularly known as the Singapore Convention on Mediation, held recently. As at today, the Convention has 56 signatories and has been ratified by 14 nations. The Convention was developed by […]
- Sri Lanka ratifies UN Convention on Int l Settlement Agreements Resulting from Mediation (Category: Breaking News)
- Post-War Reconciliation Process: Human Rights violation (Category: Breaking News)
- Will India Take Sri Lanka To The World Court? (Category: Breaking News)
- Mediation Boards and youth: the role, need, and implementation of conflict resolution in Sri Lan... (Category: Breaking News)
‘New laws needed to rein them in’ By Shamindra Ferdinando Justice Minister Dr. Wijeyadasa Rajapakse, PC, said that contrary to the Constitution, the Parliament didn’t exercise full control over public finance.The former President of the Bar Association said a new law was required to subject all state enterprises to parliamentary control to prevent further deterioration […]
- SLC, cryptocurrency and repealing of time-tested law (Category: Breaking News)
- Impact of foreign-funded projects on Parliament’s standing as sole sovereign and supreme body (Category: Breaking News)
- Prez should explain why he scrapped time-tested exchange controls – NFF (Category: Breaking News)
- Ranil sworn in before CJ as Acting President (Category: Breaking News)
[…]The post Ronnie De Mel: A True Democrat & An Economics Philosopher To The End appeared first on Colombo Telegraph.
- Central Bank Independence: Issue To The Fore Again, But Will The Government Have Foresight To Do... (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 Boards: Why Did Ceylon Give Up The Currency Board, While Singapore D... (Category: Breaking News)
- Budget 2021: A Reversion To JR Jayewardene Policies Of 1940s? (Category: Breaking News)
Sri Lanka is seeking a five-month hold on a lawsuit filed by a bondholder over the country’s historic debt default, telling a New York federal judge that it wants more time to negotiate with private creditors.The post Sri Lanka seeks five-month hold on bondholder suit appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka seeks five-month hold on bondholder suit (Category: Breaking News)
- Sri Lanka sued by bondholder in US following historic default (Category: Breaking News)
- Five-month hold sought by Sri Lanka on lawsuit filed by bondholder (Category: Breaking News)
- Sri Lanka Bondholder Lawsuit Should Be Put on Hold, U.S. Says (Category: Breaking News)
Sri Lanka is seeking a five-month hold on a lawsuit filed by a bondholder over the country s historic debt default, telling a New York federal judge that it wants more time to negotiate with private creditors.
by Rex Clementine Since the arrival of the new set of selectors, there has been a revival for the Sri Lankan team. Scorebooks say they have won five series inside two months, but what has happened behind the scenes has gone unnoticed. Discipline and hard work are the buzz words in the new set up. […]
- Dullas comes forward to save the teacher who showed nude pictures to students (Category: Breaking News)
- Double murder in Dickwella (Category: Breaking News)
- Numbers aren’t backing up Dickwella (Category: Breaking News)
- Dickwella in a spot after missed stumping chances (Category: Breaking News)
Sri Lanka is seeking a five-month hold on a lawsuit filed by a bondholder over the country’s historic debt default, telling a New York federal judge that it wants more time to negotiate with private creditors. The island nation was sued in July 2022 by Hamilton Reserve Bank Ltd., which sought full payment on more […]
- US bondholder files legal action against Sri Lanka (Category: Breaking News)
- Sri Lanka urged to drop probe on two journalists (Category: Breaking News)
- McDonald’s stores shut in Sri Lanka over poor hygiene case (Category: Breaking News)
- Major drug haul bound for Sri Lanka seized in Tamil Nadu (Category: Breaking News)
Officials of the Central Bank (CB) had been asked to attend the party leaders meeting in Parliament on 05 March, the Department of Communication of Parliament said. The decision to summon CB officials was taken during a meeting of the Committee on Parliamentary Business held yesterday morning (March 01).The CB officials will be asked about […]
- Rs. 10 & 2000 notes won’t be printed: CB (Category: Breaking News)
- SA20 final postponed to February 12 due to persistent rain (Category: Breaking News)
- ICC Website glitch puts India ahead of Australia in Test rankings; rectifies later (Category: Breaking News)
- Rain forces IPL 2023 final to be moved to reserve day (Category: Breaking News)
Sri Lanka s earnings from tourism were estimated at USD 342 million in January 2024, the Central Bank s latest report on external sector performance revealed.
The officials of the Central Bank of Sri Lanka (CBSL) will be summoned to the party leaders’ meeting scheduled to convene at 10:30 AM on Tuesday (March 05), as announced by the Department of Communication of Parliament.The post Central Bank officials summoned to party leaders’ meeting over salary hike appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Salary hike- CBSL officials summoned to party leaders meeting next week (Category: Breaking News)
- Parliamentary committees summon CBSL officials over 70% salary increase (Category: Breaking News)
- Party leaders slam CB officials over pay hike (Category: Breaking News)
- CBSL officials summoned to Cabinet over salary hike controversy (Category: Breaking News)
Sri Lanka is set to introduce the National Cyber Security Act this year, which will be followed by the establishment of the Cyber Security Authority.The post Sri Lanka to introduce National Cyber Security Act, establish Cyber Security Authority appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka to launch a national Computer Emergency Response Team (Category: Breaking News)
- Sri Lanka to Host Digital Economy Summit in July – State Minister for Technology (Category: Breaking News)
- Beware of fake internet banking sites (Category: Breaking News)
- Beware of a phone scam (Category: Breaking News)
The officials of the Central Bank of Sri Lanka (CBSL) will be summoned to the party leaders meeting scheduled to be convened at 10.30 a.m. on Tuesday (March 05), the Department of Communication of Parliament says.
The United Nations Population Fund (UNFPA) explored opportunities to further support Sri Lanka in achieving rights and choices for all citizens. UNFPA Asia Pacific Regional Director, Pio Smith, who is engaged on an official visit to Sri Lanka, paid a courtesy call on Prime Minister Dinesh Gunawardena at Temple Trees. The meeting was marked by […]
- UNFPA to assist Sri Lanka in modernizing statistical system for transition to digital economy (Category: Breaking News)
- UNFPA helps offer integrated SRH and GBV services in Kilinochchi (Category: Breaking News)
- UNFPA regional Director to visit Sri Lanka to advance collaboration and support (Category: Breaking News)
- Medicine, equipment worth over USD 2.1 million handed over to Sri Lanka (Category: Breaking News)
More than 110 Palestinians are reported to have been killed while trying to get desperately needed aid in north Gaza. Crowds of waiting civilians descended on a convoy of lorries after it passed through an Israeli military checkpoint on the coastal road west of Gaza City. Israel’s military said troops fired at some people they […]
- Israel carries out intense air strikes on Khan Younis in southern Gaza (Category: Breaking News)
- EU says starvation in Gaza being used as a weapon (Category: Breaking News)
- PM says Israel at war after 100 killed in attack from Gaza (Category: Breaking News)
- US moves warships closer to Israel after Hamas attack (Category: Breaking News)
Under the leadership of Indian Prime Minister Narendra Modi and Prime Minister Sheikh Hasina, bilateral summits and discussions at political and official levels have increased, further strengthening the bond between the two nations. On Sept 6 in 2022, Indian PM Narendra Modi and Sheikh Hasina signed several significant agreements further strengthening the bilateral relationship between […]
- India, Bangladesh inaugurate cross-border energy pipeline (Category: Breaking News)
- Nepal inks long-term power deal with India, to sell 10,000 MW electricity over 10 years (Category: Breaking News)
- India -Sri Lanka Joint Declaration on President Rajapaksa Visit to New Delhi (Category: Breaking News)
- India, Lanka sign deals worth $ 700 m (Category: Business)
Religious minorities in Pakistan, including Christians, Hindus, and Shia Muslims, also encounter discrimination and persecution, notably through the country’s blasphemy laws. Advocacy organizations representing Christians and Hindus, as well as other minority groups, criticize the electoral system, asserting its undemocratic nature and its marginalization of religious minorities from mainstream po...
- Persecution of Ahmadiyya community grows in Pakistan (Category: Breaking News)
- Atrocities on Pakistan’s Ahmadiyya minority continues: Report (Category: Breaking News)
- Atrocities on Pakistan’s Ahmadiyya minority continues: Report (Category: Breaking News)
- US-based Human Rights Commission expresses concerns over escalating attacks on Bangladeshi minor... (Category: Breaking News)
By Rathindra Kuruwita The Ceylon Electricity Board (CEB) has significantly overestimated the cost of electricity production and transmission for 2024 and this is reflected in their estimated cost of production, says MP Gamini Waleboda, head of the Sectoral Oversight Committee on Alleviating the Impact of the Economic Crisis. The overestimation is around Rs 140 billion, […]
- IRD’s inability has led govts. to extract unbearable taxes from professionals, honest people (Category: Breaking News)
- NFF accuses SLPP of causing irreversible damage to COPE (Category: Breaking News)
- SJB ready for painful reforms unlike Rajapaksas who only exploited divisions, says MP Hashim (Category: Breaking News)
- CEB to reduce workforce to 18,000 (Category: Breaking News)
In a welcome development in relation to Sri Lanka’s regional policy, some state functionaries of the Ranil Wickremesinghe regime have gone on record as having stated that Sri Lanka would be taking notable cognizance of India’s security concerns, going forward. This is as it should be. None of India’s immediate neighbours could afford to overlook […]
- Impact of security considerations on foreign policy crafting (Category: Breaking News)
- Baglay reiterates India’s commitment in line with ‘Neighbourhood First Policy’ (Category: Breaking News)
- India underscores inclusivity on 75th anniversary of Independence (Category: Breaking News)
- ‘The fascist threat’ and the South’s mounting travails (Category: Breaking News)
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