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- Breaking News (259)
Hambantota in southern Sri Lanka housed ousted President Gotabaya Rajapaksa following the recent crisis, until he was forced to flee the country entirely. That continues a trend of the city, and especially its strategic deep-sea port, being in the news for all the wrong reasons. In 2017, when Sri Lanka found itself struggling to make […]
- Over 400 respond (Category: Breaking News)
- IFC to provide $400 million to banks in Sri Lanka (Category: Breaking News)
- $ 400 m IMF lifeline for struggling Sri Lanka (Category: Business)
- IPO To Raise Rs. 400 mn (Category: Breaking News)
The government defaulted an interest payment of 78 million US dollar of a sovereign bond on May 19
- Cross Asian (Category: Business)
- S&P downgrades two Sri Lanka sovereign bonds to ‘D’ (Category: Breaking News)
- Sri Lanka sovereign rating at SD but ISBs downgraded to ‘D’ by S&P (Category: Breaking News)
- Reserve Investment (Category: Business)
Sri Lanka is struggling to find dollars to import fuel
- Twice rejected petrol released to the market in Sri Lanka (Category: Breaking News)
- Sri Lanka raises fuel prices by 7.5 percent (Category: Breaking News)
- Sri Lanka Petroleum Corporation calls for tenders to import fuel for six months (Category: Breaking News)
- Cabinet nod to allow specific sectors of economy to import fuel individually (Category: Breaking News)
Indian billion dollar credit line also works Undiyal fashion
- Sri Lanka removes ban on open account food imports (Category: Breaking News)
- Sri Lanka central bank deep in debt, dollar shortages at ‘guidance’ rate : Wijewardena (Category: Breaking News)
- Sri Lanka rates elevated amid failed float and DDR fears (Category: Breaking News)
- Sri Lanka CB takes on task finding dollars for food after open account ban (Category: Breaking News)
[…]The post Economy Should Be The Top Priority Of The New (Or More Correctly The Old) Government appeared first on Colombo Telegraph.
- Can Sri Lanka Drive Itself From Bankruptcy To Prosperity In 2023? (Category: Breaking News)
- Child’s Guide To Ranilnomics: Proposed Debt Restructuring Will Pose More Issues Than Answers (Category: Breaking News)
- IMF Facility? Is It Sufficient To Deliver Prosperity To Sri Lankans? (Category: Breaking News)
- The Magic 2048: What Is To Be Done To Make Ranilnomics A Reality? (Category: Breaking News)
[…]The post 9th July Revolution Ousted Rajapaksa Dynasty; So, Let It Imprimatur appeared first on Colombo Telegraph.
- BASL; Altruistic Union That Does Not Stand For Its Members’ Sake But For The People (Category: Breaking News)
- A Janus Moment (Category: Breaking News)
- Is The IMF Mad To Give Loans To A Murderous Government? (Category: Breaking News)
- Dawn At Galle Face: Which Tomorrow? (Category: Breaking News)
Sri Lanka has not reached any initial agreement with the IMF on debt relief, and its largest creditors - the Asian Development Bank (ADB) and the World Bank - are urged to come up with a package that would speed up its debt restructuring process, Sri Lanka’s Ambassador to China Palitha Kohona told the Global Times in an exclusive interview.The post Sri Lanka’s Ambassador to China urges ADB a...
- Sri Lanka s ambassador to China urges ADB and World Bank to take bigger role in debt restructure (Category: Breaking News)
- Sri Lanka asks China for help with trade, investment and tourism (Category: Breaking News)
- China will agree to US$ 4 Billion aid for Sri Lanka ‘at some point’ – Palitha Kohona (Category: Breaking News)
- Sri Lanka eyes Chinese tourism to help ease debt crisis (Category: Breaking News)
India has surpassed China to become the top lender to Sri Lanka, as the former came to the rescue when Sri Lanka started experiencing some acute shortage of foreign currency from the beginning of the year which reached a breaking point in March causing a complete collapse of the country’s economy.The post India eclipses China to become top lender to debt-laden Sri Lanka appeared first on ONLANKA N...
- China’s EXIM bank offers Sri Lanka debt extension – report (Category: Breaking News)
- Sri Lanka gives China deal details, keeping IMF aid on track (Category: Breaking News)
- India plans no more funding for Sri Lanka as IMF talks progress (Category: Breaking News)
- Sri Lanka thanks India for giving assurances to IMF for USD 2.9 Billion bailout package (Category: Breaking News)
The Narendra Modi government has called for an all-party meeting on Tuesday evening to discuss the crucial issue of the Sri Lanka crisis.The post Indian government calls an all-party meet on Sri Lanka crisis appeared first on ONLANKA News - Sri Lanka News - Latest News Sri Lanka - Breaking News from Sri Lanka.
- Serious crisis in Sri Lanka, worry about spillover – Jaishankar (Category: Breaking News)
- Sri Lanka crisis: India calls all-party meet on Tuesday (19) (Category: Breaking News)
- India expected to send ‘positive’ message on debt during Jaishankar’s visit to Sri Lanka (Category: Breaking News)
- Sri Lanka President says proposals set forth by parties to form all-party Government will be sha... (Category: Breaking News)
By Michael Rowand As Sri Lankan protesters stormed the presidential residence in Colombo, the Chinese Embassy released no statements and did not tweet. The Chinese Ministry of Foreign Affairs offered no comment until Monday afternoon, well behind others such as India, the European Union, and the United States. The French Embassy even retweeted a tweet […]
- Chinese role in the Sri Lankan crisis (Category: Breaking News)
- China a mute spectator as Sri Lanka’s political upheaval poses long-term implications for Beijing (Category: Breaking News)
- Unelected Team At The BRI Forum: Speaking From Both Sides Of Mouth (Category: Breaking News)
- Sri Lanka should prevent Chinese vessel from reaching Hambantota port (Category: Breaking News)
[…]The post The Destiny Of China’s Colony Of Sri Lanka appeared first on Colombo Telegraph.
- Sri Lanka’s Past Is Prologue For China (Category: Breaking News)
- Postponing Elections & Inviting The Dragon: Sri Lankan President’s China Tilt (Category: Breaking News)
- Why Should The United States Care About Sri Lanka’s Predicament? (Category: Breaking News)
- Modi’s Civilizational Twist To Indo-Lanka Relations (Category: Breaking News)
Rajapaksa finally resigns after over 3 month protest
- President sends resignation letter (Category: Breaking News)
- Gotabaya yet to submit resignation letter (Category: Breaking News)
- An Open Letter & Appeal To The IMF (Category: Breaking News)
- SLMA sends letter to MR (Category: Breaking News)
Rate hike, fuel shortage, and looming political crisis weighed on investor sentiment
- Sri Lanka bourse slips ahead of policy rates, IMF (Category: Breaking News)
- Sri Lanka stocks gain on financials; Sampath Bank leads (Category: Breaking News)
- Sri Lanka rupee quoted 367.30 to TT dollar (Category: Breaking News)
- Sri Lanka central bank own Treasuries holding tops Rs2trillion (Category: Breaking News)
Some analysts said the market was expecting a 300 basis point rate hike on Thursday
- Fuel prices increased (Category: Breaking News)
- Sri Lanka’s IOC unit reports Rs12.3 bn in Sept 2022 profits (Category: Breaking News)
- Sri Lanka railways fare hike not enough to recover fuel costs (Category: Breaking News)
- Sri Lanka stocks fall after fuel price hike (Category: Breaking News)
Sri Lanka is desperate for foreign currency earnings through tourism
- Sri Lanka MP comes with saline to cast a presidential vote (Category: Breaking News)
- Sri Lanka stock index gains over 1.6 pct in mid-day (Category: Breaking News)
- Sri Lanka imposes curfew in Colombo district from July 14-15 (Category: Breaking News)
- Sri Lanka’s new “diplomatic” PM starts foreign aid talks amid political stability concerns (Category: Breaking News)
[…]The post The Financial Crisis – Mismanagement, Fear Or Collusion? appeared first on Colombo Telegraph.
- Financial Crisis As Seen By A Non-Economist (Category: Breaking News)
- Just Rewards For Hard Work (Category: Breaking News)
- Revisiting, Reforming & Reordering Our Agriculture (Category: Breaking News)
- On Overlooking The Obvious (Category: Breaking News)
[…]The post Child’s Guide To True Cost Of Activities: Concept Of Opportunity Cost appeared first on Colombo Telegraph.
- Child’s Guide To Ranilnomics: Actual Tax Payment Is Not What One Pays Today (Category: Breaking News)
- The Victory Of Aragalaya: What Actually Happened To Gota & Ranil? (Category: Breaking News)
- Child’s Guide To Currency Board Systems: Steve Hanke’s Crusade For Currency Boards (Category: Breaking News)
- Economic Growth, National Security, And What Next For Sri Lanka (Category: Breaking News)
[…]The post Mission Impossible appeared first on Colombo Telegraph.
- Need For An Agreement With The Citizens For A Stable Political Future (Category: Breaking News)
- The Galle Face Struggle & Its Importance (Category: Breaking News)
- It’s Time To Untether The Kite! (Category: Breaking News)
- Crisis Deepens Without Rescue Plan (Category: Breaking News)
Stocks have been on a downward trend mainly due to higher interest rates
- Fuel prices increased (Category: Breaking News)
- Peliyagoda fish market complex inaugurated (Category: Breaking News)
- Coconut prices down (Category: Breaking News)
- Sri Lanka sells Rs81bn in Treasuries, yields steady (Category: Breaking News)
Prime Minister Ranil Wickremesinghe informed Parliament today that Sri Lanka was facing the threat of hitting rock bottom. He also said that going to the International Monetary Fund (IMF) is the only option Sri Lanka has to resolve the economic crisis. The Prime Minister said that the aim of the Government is to hold discussions […]
- Sri Lanka to reach IMF staff level agreement, debt restructuring framework by end July: PM (Category: Breaking News)
- Having Proper plan to strengthen Sri Lanka’s economy is important – President (Category: Breaking News)
- Sri Lanka President says Let 2048 be the year of development for Sri Lanka (Category: Breaking News)
- Sri Lanka PM wants opposition to call off boycott to proceed with 21A (Category: Breaking News)
Talks will continue over the next few days with an IMF delegation already in the island nation, he said.
- Sri Lanka constitutional reforms won’t be in effect till next parliament: opposition leader (Category: Breaking News)
- Sri Lanka justice minister calls for opposition support for his 21st amendment (Category: Breaking News)
- Sri Lanka PM must present fiscal consolidation plan, go for SOE reform: opposition MP (Category: Breaking News)
- Sri Lanka must not overlook Russia in favour of IMF, says MP Weerawansa (Category: Breaking News)
Stock index rebound from near 8-week low.
- Fuel prices increased (Category: Breaking News)
- Peliyagoda fish market complex inaugurated (Category: Breaking News)
- Coconut prices down (Category: Breaking News)
- Sri Lanka sells Rs81bn in Treasuries, yields steady (Category: Breaking News)
[…]The post Sri Lankan Economy Heading Towards A Dangerous Phase appeared first on Colombo Telegraph.
- Lanka-Arab Relations (Category: Breaking News)
- The President, IMF & System Change (Category: Breaking News)
- What Next For Aragalaya? (Category: Breaking News)
- Restructuring The Economy: A Stock Take (Category: Breaking News)
Protests beginning to father pace as petrol, diesel shortages threaten to bring the country to a standstill
- Sri Lanka won’t face hunger crisis, economic situation will get worse before it gets better: new... (Category: Breaking News)
- Sri Lanka president meets top commonwealth official, diaspora group amid opposition criticism (Category: Breaking News)
- Sri Lanka to reach IMF staff level agreement, debt restructuring framework by end July: PM (Category: Breaking News)
- Canada eases travel advisory to Sri Lanka from ‘orange’ to ‘yellow’ risk level (Category: Breaking News)
[…]The post Ranil: A SWOT Appraisal appeared first on Colombo Telegraph.
- RW Vs. GR: Who Will Outwit Whom? (Category: Breaking News)
- Remember Ranil Is Revengeful & A Risk To Rights (Category: Breaking News)
- Hold Elections & Avert A Dual-Power Crisis (Category: Breaking News)
- Ranil-SWOT: A Reappraisal (Category: Breaking News)
Passenger transport, goods transport hit
- Sri Lanka bunker firms cleared to import industrial fuel: Minister (Category: Breaking News)
- Sri Lanka to operate one-third of private buses from June 06 (Category: Breaking News)
- Sri Lanka bus operators want tariff hike to account for central bank actions (Category: Breaking News)
- Sri Lanka sees backlash against market pricing of expensive, polluting diesel (Category: Breaking News)
Sri Lanka's ongoing economic crisis has threatened a looming food crisis.
- Rajitha says families suffering from food insecurity has jumped by 400% (Category: Breaking News)
- More Than 400 Admitted For Food Poisoning (Category: Breaking News)
- IFC to provide $400 million to banks in Sri Lanka (Category: Breaking News)
- Video: HIRU THANIWELA EP 400 (Category: Video)
Three-wheel drivers blocked the Galle Road in Dehiwala today and obstructed traffic, demanding fuel. The three-wheel drivers accused the authorities of failing to resolve the fuel crisis. They said that the crisis has affected their day-to-day income as they have not been able to operate their three-wheel taxis. The drivers placed their three-wheelers across one […]
- Three-wheel fares increased (Category: Breaking News)
- Three-wheelers can pump fuel only from registered fuel station (Category: Breaking News)
- Key operations come to a halt in support of hartal (Category: Breaking News)
- Sanath tweets about “failed” MP Namals appearance at meeting (Category: Breaking News)
Currency crisis has triggered forex shortages
[…]The post A Country In Peril While The Executive Experiments appeared first on Colombo Telegraph.
- Paradise Bankrupt On Golden Republic Anniversary (Category: Breaking News)
- Could A ‘National Government’ Resolve The Crisis? (Category: Breaking News)
- The Impact Of Socio-Political Culture On The Growth Momentum; An Analysis Of Government Policy (Category: Breaking News)
- The Impact Of Socio-Political Culture On The Growth Momentum; An Analysis Of Government Policy (Category: Breaking News)
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