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The Sri Lankan Rupee (LKR) has appreciated against the US dollar (USD) today (February 02), according to the Central Bank of Sri Lanka (CBSL).The post Sri Lankan Rupee appreciated against U.S. Dollar on February 02, 2024 appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lankan Rupee appreciated against U.S. Dollar on August 02, 2023 (Category: Breaking News)
- Sri Lankan Rupee further appreciates against U.S. Dollar (Category: Breaking News)
- Sri Lankan Rupee appreciates against U.S. Dollar (Category: Breaking News)
- Sri Lankan Rupee appreciates against U.S. Dollar (Category: Breaking News)
President Joe Biden is expected to issue an executive order targeting Israeli settlers in the West Bank who have been attacking Palestinians in the occupied territory, according to four people familiar with the matter.
EXCLUSIVE Threaten to push IMF to block next tranche Litigation by bond holders not ruled out Govt. assures will expedite communications Sri Lanka keen on win-win solution By Easwaran Rutnam Private creditors have threatened to do all it can to persuade the International Monetary Fund (IMF) to hold back the next tranche of funding […]
- IMF Executive Board to decide on Sri Lanka’s EFF on March 20 (Category: Breaking News)
- D-day for Sri Lanka as IMF Executive Board meets to decide on EFF (Category: Breaking News)
- IMF waiting for Sri Lanka to do the needful (Category: Breaking News)
- IMF wants Sri Lanka to reach deal with creditors (Category: Breaking News)
Secretary to the Treasury and Finance Ministry Mahinda Siriwardana has said that even if Sri Lanka achieves the goal of zero corruption, tax revenue will still have to be increased to bridge the budget deficit and lessen the country’s debt burden. Referring to the Supreme Court ruling pertaining to economic management delivered on Nov 14, […]
- EPF asked to pay 30% tax unless it participates in domestic debt restructuring process (Category: Breaking News)
- CB Governor outlines importance of DDR to protect banks and save overall economy (Category: Breaking News)
- IMF team gives prognosis for Lanka at conclusion of nearly two-week visit (Category: Breaking News)
- Govt. retains two foreign firms to restructure ISBs (Category: Breaking News)
Attorney-at-Law Rajeev Amarasuriya has been appointed to the Governing Board of the Central Bank of Sri Lanka (CBSL). The former Secretary to the Bar Association of Sri Lanka (BASL) was appointed by President Ranil Wickremesinghe, after having received the approval of the Constitutional Council.
Attorney-at-Law Rajeev Amarasuriya has been appointed to the Governing Board of the Central Bank of Sri Lanka (CBSL).
The Bill and Melinda Gates Foundation is to support the Sri Lankan President’s Office and will also act as partners providing active contributions to the Government of Sri Lanka. The Office of the President plays an important role in the ongoing reform programs by providing guidance on policy issues and monitoring government programs, the Government […]
- Hatch and Sarvodaya launch “GoviLab” AgriTech Accelerator as part of National Agriculture Transf... (Category: Breaking News)
- Bill Melinda Gates Foundation to provide policy support to President s Office (Category: Breaking News)
- Bill and Melinda Gates Foundation’s assistance sought for upcountry (Category: Breaking News)
- Bill Gates to deepen engagement with Sri Lanka through BMGF (Category: Breaking News)
Israeli forces have killed three militants inside a hospital in Jenin, in the occupied West Bank.
The Cabinet of Ministers approved the proposal presented by the President in his capacity as the Minister of Finance, Economic Stabilization and National Policies to publish the bill amending the Banking Act No. 30 of 1988 (including provisions to strengthen the existing regulatory standards in areas including Issuance of bank licenses, bank ownership, joint supervision, […]
The Cabinet of Ministers approved the proposal made by the Minister of Power and Energy to establish a wind power station on Mannar Island on a build, own and operate (BOO) basis with private sector investors selected on a competitive basis with an operational period of 20 years. Initially the Cabinet of Ministers at a […]
- Biden Cabinet Picks (Category: USA, South Dakota)
- Democratic wins could strengthen Biden's legislative push (Category: USA, South Dakota)
- Biden Cabinet Picks (Category: USA, South Dakota)
- Democratic wins could strengthen Biden's legislative push (Category: USA, South Dakota)
The Cabinet of Ministers approved the proposal presented by the President in his capacity as the Minister of Finance, Economic Stabilization and National Policies to commence the operations of the Institute of National Credit Insurance. Cabinet approval was granted on 27.04.2021 for the establishment of the Institute of National Credit Insurance for the purpose of […]
- President opens NIBM branch in South (Category: Breaking News)
- Ferial appointed to National Institute of Education (Category: Breaking News)
- Adelaide kids acting up (Category: South Australia)
- Kids acting up in Adelaide (Category: South Australia)
Widespread protests and anger is sweeping across the mountains and valleys of Gilgit Baltistan over Pakistan’s government’s myopic decisions which have made life hell for the people of this otherwise beautiful region in the Himalayas. So deep is the frustration among the people that many are crying to become Indians! The immediate trigger for the […]
- Pakistan: Prices of pulses go up amid non-clearance of imported shipments (Category: Breaking News)
- Pakistan regime busy with petty issues as country faces crises: Report (Category: Breaking News)
- What is China doing in Gilgit-Baltistan? (Category: Breaking News)
- Protests intensify in PoK against Pakistan government’s plans to amend Constitution (Category: Breaking News)
Annually Jaffna district receives around 1.36 billion cubic meters of water through rainfall (Land area 1,025 square km and average annual rainfall of 1326 mm (average 2006-2020)). If at least 30% of this rainfall is collected, retained and recharged the amount of water would be 407 million cubic meters per year. This amount will provide […]
- When solutions go abegging (Category: Breaking News)
- How rainwater harvesting is helping Nicaraguan farmers (Category: Technology)
- SLT-MOBITEL debuts its technologically advanced Operational Headquarters in Welikada (Category: Breaking News)
- Drought and lessons learned (Category: Business)
[…]The post Flight Of Human Capital – A Catastrophic Fait Accompli appeared first on Colombo Telegraph.
- Genocide Day’ controversy : SL registers protest with Canadian HC (Category: Breaking News)
- SL economy, IMF claims, and reality (Category: Breaking News)
- New Australian HC launches landmark educational programme (Category: Breaking News)
- SL Stands For Sheep Loom: Obedience Above Intelligence (Category: Breaking News)
Sri Lanka s total exports for the year 2023 reached USD 14.49 billion, the Export Development Bank (ED) reported, adding that it is only a minor decline of 0.39% compared to 2022.
[…]The post Chips Are Everywhere: But Can Sri Lanka Ride The Wave? appeared first on Colombo Telegraph.
- Biden’s order to restrict US investments in China’s tech sector opens new opportunities for India (Category: Breaking News)
- US Chips Act restricts companies from expanding production in China (Category: Breaking News)
- Lanka Adrift In Tempestuous Seas (Category: Breaking News)
- Threats To The Hegemony Of The US Dollar (Category: Breaking News)
[…]The post RW, IMF & The Economy appeared first on Colombo Telegraph.
- IMF’s Prescription: Panacea Or Palliative? (Category: Breaking News)
- IMF, ATA & RW’s Consolidation (Category: Breaking News)
- IMF Economics & 13A Politics: Recipe For Unrest (Category: Breaking News)
- Restructuring The Economy: A Stock Take (Category: Breaking News)
In a recent agreement, the United States through the United States Agency for International Development’s CATALYZE Private Sector Development (PSD) Activity has extended support to Union Bank, enhancing the bank’s efforts to foster its women-focused financial services. This impactful collaboration will promote financial inclusion by addressing the specific needs of female customers in the ba...
- Oman Air decides to cancel flights to Colombo (Category: Breaking News)
- World greets 2024 with major fireworks displays (Category: Breaking News)
- State Minister Sanath Nishantha killed (Category: Breaking News)
- Royal – Thomian, Sydney 2024 (Category: Breaking News)
The head of the UN agency for Palestinian refugees UNRWA has urged the countries that halted funding to reconsider their “shocking” decision. “UNRWA is the primary humanitarian agency in Gaza, with over two million people depending on it for their sheer survival,” Philippe Lazzarini said. Nine countries, including the UK, earlier paused funding the agency. […]
- The world is losing its humanity, UNRWA chief says (Category: Breaking News)
- Over 100 reported killed in crowd near Gaza aid convoy (Category: Breaking News)
- WHO says children starving to death in northern Gaza (Category: Breaking News)
- WHO says Gaza’s al-Shifa hospital a death zone, as hundreds leave (Category: Breaking News)
Sri Lanka is aiming to negotiate a debt restructuring with holders of its defaulted US dollar bonds within Âa couple of monthsÂ, the Governor of the Central Bank of Sri Lanka (CBSL) told the Financial Times, despite complaints by private creditors that they are being left in the dark.
Saturday 27th January, 2024 Thursday’s tragic accident on the Colombo-Katunayake expressway, where State Minister Sanath Nishantha and his security officer died, has rekindled public debate on road safety. That fatal accident could have been avoided if the driver of the ill-fated vehicle had abided by road rules, we are told. A foreigner was killed yesterday […]
- Road accidents have claimed lives of 115 children so far this year (Category: Breaking News)
- One-fourth of deaths per year in Sri Lanka attributed to road accidents (Category: Breaking News)
- About 60,000 Lankans might die in road accidents in next 20 years: Expert (Category: Breaking News)
- Road accidents claim 341 lives during past two months (Category: Breaking News)
President Ranil Wickremesinghe extended an invitation to all political party leaders in the Parliament to engage in discussions with the Managing Director of the International Monetary Fund (IMF) on the implementation of the agreement with the IMF. Emphasizing the importance of unity in leading the country to success, he reiterated that withdrawing from the agreement […]
- President invites party leaders for ‘collective dialogue’ with IMF (Category: Breaking News)
- President seeks opposition support to implement IMF deal (Category: Breaking News)
- Sri Lanka to reach IMF staff level agreement, debt restructuring framework by end July: PM (Category: Breaking News)
- Sri Lanka likely to go ahead with new income tax regime, but president “ready to discuss” (Category: Breaking News)
[…]The post Challenges In The Forthcoming Presidential Elections appeared first on Colombo Telegraph.
- Let Us Know Who Are Contesting? What Are Their Policies? (Category: Breaking News)
- Is Ranil Wickremesinghe Unelectable? (Category: Breaking News)
- Election ’24: Rajapaksa Implosion & Ranil’s Red Sea Meddling (Category: Breaking News)
- Black & White; No Shades? (Category: Breaking News)
By Rathindra Kuruwita Technical and Vocational Education and Training (TVET) neededs to change as the world had transformed with the advent of new technologies, Dr. Harsha Aturupane, World Bank’s lead economist and programme leader for human development for Sri Lanka and the Maldives, said in a televised interview recently. Dr. Athurupane said complex and advanced […]
- KOICA tackles unemployment here (Category: Breaking News)
- Big increase in overweight and obese people in SL since 2015 (Category: Breaking News)
- HSBC and Sarvodaya partner to empower women entrepreneurs (Category: Breaking News)
- Combination of ill-timed decisions prevented Lanka recover from pandemic shock (Category: Breaking News)
I write this very short note to express my appreciation of Dr. Amali Wedagedara’s article- Surpassing Neo Liberal Fictions towards mission-orientated state (1/19). This is the only sensible article I have read in recent time pertaining to the economic situation facing us. It rekindled in me the pleasure I derived on reading GVS De Silva’s […]
- Brentwood Gazette commented Tributes to doctor who died on trip to Sri Lanka (Category: Breaking News)
- test article to check feed no 2 (Category: Breaking News)
- test article to check feed 3 (Category: Breaking News)
- Trump condemns Capitol Hill violence in video that does not mention impeachment (Category: USA, North Dakota)
In the global political landscape of 2024, Reuters provides a comprehensive overview of key elections shaping the economic and geopolitical landscape across diverse regions. From Europe, where the rise of Eurosceptic far-right parties poses challenges to the European Union’s integration, to Russia, where Vladimir Putin is set for another term amid heightened tensions with the […]
- ‘SL’s inflation reduced to single digit levels in 2023 along with restoration of price stability’ (Category: Breaking News)
- Inflation – Public Enemy Number One (Category: Breaking News)
- Isn’t cleansing hearts a political issue? (Category: Breaking News)
- CP Chief calls for re-alignment of political forces to thwart Ranil (Category: Breaking News)
By Hiran H.Senewiratne Sri Lanka’s inflation could rise to 7 percent in January 2024 due to the VAT increase, the Governor of the Central Bank of Sri Lanka (CBSL), Dr. Nandalal Weerasinghe warned. Speaking at a special press briefing held yesterday, Dr. Weerasinghe explained that an increase in inflation is likely due to the increase […]
- CB reduces interest rates by 100 basis points to tackle inflation and ease borrowing costs (Category: Breaking News)
- Price controls to be removed from rupee lending rates from April 1 – CBSL Governor (Category: Breaking News)
- Policy interest rates reduced to enable economy to reach its true potential – CBSL Governor (Category: Breaking News)
- CB reduces interest rates (Category: Breaking News)
By Rathindra Kuruwita Inflation could rise to about 7% in January 2024, Governor of the Central Bank (CBSL), Dr. Nandalal Weerasinghe has said. Addressing the media on the first monetary policy review of 2024, Dr. Weerasinghe said on Tuesday that the increase in the Value Added Tax (VAT) and the increased prices of vegetables due […]
- Orwellian Isle Ordeals (Category: Breaking News)
- Message from a Cell Death (Category: Breaking News)
- Post-Match Melancholia (Category: Breaking News)
- Empire’s Enchantment (Category: Breaking News)
The Monetary Policy Board of the Central Bank of Sri Lanka decided to maintain the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) of the Central Bank at their current levels of 9.00 per cent and 10.00 per cent, respectively. The Board arrived at this decision following a comprehensive assessment of […]
- Central Bank of Sri Lanka further reduces policy interest rates (Category: Breaking News)
- Demand for imports in Sri Lanka continues to remain subdued (Category: Breaking News)
- Central Bank decides to continue with tight monetary policy (Category: Breaking News)
- CBSL’s decision to raise policy rates in line with IMF expectations (Category: Breaking News)
Sri Lanka's central bank kept interest rates steady on Tuesday, in line with market expectations, forgoing a rate cut as a new tax threatened upward pressure on expenses and fuelled concerns about inflation.The post Sri Lanka central bank keeps policy rates unchanged to tame inflation appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka unexpectedly cuts rates by 250 bps as inflation eases (Category: Breaking News)
- Central Bank of Sri Lanka threatens administrative measures over high market interest rates (Category: Breaking News)
- Sri Lanka central bank to consider a single policy rate mechanism (Category: Breaking News)
- Sri Lanka Central Bank further reduces policy rates (Category: Breaking News)
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