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[…]The post Katchatheevu Crisis – Seal The Deal Mr. Modi appeared first on Colombo Telegraph.
By Saman Indrajith Around 75,000 Sri Lankans have left for overseas jobs during the first three months of 2024, the Sri Lanka Bureau of Foreign Employment (SLBFE) says.SLBFE said yesterday (04) that 74,499 Sri Lankan workers had left for foreign employment, and 46 percent of them were women. There has been a slight drop in […]
By Lynn Ockersz ‘Sri Lankans are very good at writing plans but nothing very positive has resulted from these efforts over the years. Nevertheless, the country needs a new system of planning and an essential requirement for this is a sound institutional framework coupled with good governance, chairman of the Gamani Corea Foundation (GCF) and […]
Sampath Bank PLC, a leading private bank in Sri Lanka, is pleased to announce the appointment of Keith Modder as an Independent, Non-Executive Director, effective April 2, 2024. Modder brings with him over three decades of invaluable experience in global business leadership, spanning the United States, Europe, the Middle East, and the Asia Pacific regions. […]
Minister of Transport, Highways and Mass Media, Dr. Bandula Gunawardena, has stressed that any alteration, even as small as one-tenth, to the on-going government program spearheaded by President Ranil Wickremesinghe could pose a significant threat to the stability of the country once more. Despite numerous reports indicating an increase in poverty among the country’s most vulnerable, the minister ...
In the midst of rising tensions between Islamabad and Kabul, the Defense Minister of Pakistan has issued a stern warning to the Taliban government in Afghanistan. Khwaja Asif, in an interview with Voice of America on March 20, hinted at the possibility of Pakistan blocking the trade corridor that facilitates goods flow between Afghanistan and […]
Sri Lanka’s Cabinet of Ministers has given approval for amending the existing Prevention of Domestic Violence Act and presenting a new bill to Parliament in this regard.The post Sri Lanka set to introduce New Bill combatting Domestic Violence appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
Money, exchange rates, and money printing are crucial components of a nation’s monetary policy framework, wielding significant influence over economic and financial stability. This intricate relationship between these fundamental factors directly affects financial and economic dynamics. I am going to examine the nexus between these factors, clarifying their roles in the financial system and ...
Sri Lanka’s economy is projected to see moderate growth of 2.2% in 2024, showing signs of stabilization, following the severe economic downturn of 2022. But, the country still faces elevated poverty levels, income inequality, and labor market concerns, says the World Bank’s latest bi-annual update.The post Sri Lanka’s economy shows signs of stabilization, but poverty to remain elevated ̵...
Sri Lanka s economy is projected to see moderate growth of 2.2% in 2024, showing signs of stabilization, following the severe economic downturn of 2022. But, the country still faces elevated poverty levels, income inequality, and labor market concerns, says the World Bank s latest bi-annual update.
A bank teller from Sri Lanka, working at the Melbourne branch of National Australia Bank,saved a woman who he said was "blinded by her love" from losing thousands of dollars to a "cunning" scammer.The post Sri Lankan bank teller saves woman losing $2000 to ‘cunning’ romance scam appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
The German – Sri Lanka Friendship Hospital for Women in Galle, was declared open on the 27th of March 2024, by His Excellency President Ranil Wickramasinghe and Minister for Health Hon. Dr. Ramesh Pathirana. With a capacity of 640 beds and an ultramodern hospital complex spanning over 500,000 sqft, the new facility stands as South […]
[…]The post Conundrum Of Elections & IMF Programme appeared first on Colombo Telegraph.
Sri Lanka still faces elevated poverty levels, income inequality, and labor market concerns, says the World Bank’s latest bi-annual update. The World Bank also said that Sri Lanka’s economy is projected to see moderate growth of 2.2% in 2024, showing signs of stabilization, following the severe economic downturn of 2022. Released today, the Sri Lanka Development […]
[…]The post Sinhala Buddhist Nationalism & Women In Sri Lanka appeared first on Colombo Telegraph.
President Ranil Wickremesinghe, in his capacity as the Minister of Finance, Economic Stabilization and National Policies, has appointed an independent remuneration committee to review the recent increase in staff remuneration at the Central Bank of Sri Lanka (CBSL). The committee members include Dinesh Stephen Weerakkody, Arjuna Herath, Dr Indrajit Coomaraswamy, Sudharma Karunarathne, Anthony Niha...
By Jehan Perera Tracing history and going back to the colonial era, President Ranil Wickremesinghe has said that despite the adverse impact of world wars and internal conflicts, Sri Lanka has steadfastly upheld its democratic value of ensuring the functioning of both the government and the opposition without interruption. The president was addressing members of […]
Responding to mounting pressures from Members of Parliament, the Committee on Public Finance (CoPF) and public concerns President Wickremesinghe in his capacity as the Minister of Finance, Economic Stabilization and National Policies has established an independent remuneration committee to review the recent increase in staff remuneration at the Central Bank of Sri Lanka (CBSL). The […]
President Ranil Wickremesinghe, in his capacity as the Minister of Finance, Economic Stabilization and National Policies, has ordered a review over the recent increase in staff remuneration at the Central Bank of Sri Lanka (CBSL). President Wickremesinghe has established an independent remuneration committee in response to mounting pressures from Members of Parliament and the Committee […]
The Government of Sri Lanka donated USD 01 million to assist children impacted by the conflicts in the Gaza Strip. The donation was formally transferred to the Government of Palestine through the United Nations’ official channel, overseen by President Ranil Wickremesinghe at the Presidential Secretariat, Monday. President Ranil Wickremesinghe personally presented the donation cheque to [R...
Sri Lankan President Ranil Wickremesinghe, in his capacity as the Minister of Finance, Economic Stabilization, and National Policies, has taken decisive steps concerning the recent increase in staff remuneration at the Central Bank of Sri Lanka (CBSL).The post Sri Lanka President establishes Independent Committee to review Central Bank salary hike appeared first on ONLANKA - Sri Lanka Latest Break...
President Ranil Wickremesinghe, in his capacity as the Minister of Finance, Economic Stabilization and National Policies, has appointed an Independent Remuneration Committee to review the salary increase of the Central Bank of Sri Lanka (CBSL).
The indicative rate of the US Dollar has reached the Rs. 300 level today for the first time since June 13, 2023, the Central Bank of Sri Lanka (CBSL) announced.
Tourist arrivals to Sri Lanka surged past the 600,000 mark by March 27, 2024, achieving this milestone in nearly half the time compared to last year.The post Tourist arrivals to Sri Lanka soar, surpassing 600,000 within 3 months appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
As the sun goes down during the Muslim holy month of Ramadan, many Muslims will break their fasts with a sweet, brown, dried fruit that has ancient history in the region. During these 29 or 30 days able-bodied, observant Muslims abstain from eating, drinking, smoking and sexual relations during daylight hours to achieve greater “taqwa”, […]
[…]The post Colombo University Business Economic Summit 2024: Keynote Address appeared first on Colombo Telegraph.
[…]The post Politics Behind Economic Recovery appeared first on Colombo Telegraph.
There is a rise in scams via credit and debit cards being observed in Sri Lanka, HSBC Bank has warned its customers. In a precautionary message it said beware of a misleading SMS sent from an unknown number regarding a package delivery. This message may contain a fraudulent link that directs you to a fake […]
By Norman Palihawadane The CID is investigating a human trafficking network enabling Lankan ex servicemen to fight as mercenaries in both sides of the Russia-Ukraine war, Police headquarters sources said on Friday. According to information confirmed by the investigators, at least five such mercenaries have been killed in the fighting. There were two confirmed deaths […]
[…]The post Russian Presidential Election Results appeared first on Colombo Telegraph.