@2022 - All Right Reserved. Designed and Developed by Rev-Creations, Inc
59 results found in 2141 ms
Page 1 of 2
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 […]
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...
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, […]
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 […]
The year 2023, marked a key milestone for Union Bank with CG Capital Partners Pte. Ltd., indirectly acquiring the majority shareholding through its ownership in Culture Financial Holdings Ltd. CG Capital Partners Pte. Ltd., is an affiliate company of the international powerhouse CG Corp Global (CG). The improved macroeconomic outlook during FY2023 positioned Union Bank […]
LinearSix, a pioneering force in the digital transformation of the financial services industry, proudly marks its seventh anniversary as a leader in promoting financial inclusivity through innovative technology solutions. Since its inception in 2017, LinearSix has played a pivotal role in driving digital growth in Sri Lanka’s banking and financial sector, demonstrating a commitment to [̷...
Sri Lanka’s Cabinet has approved a proposal made by President Ranil Wickremesinghe to create a “Children of Gaza Fund” in aid of Gaza violence victims. Accordingly, President Wickremesinghe and Prime Minister Dinesh Gunawardena have instructed all ministries and Government institutions to forego Iftar celebrations and contribute to the fund. Furthermore, public contributions have...
The Indian government is working on operationalizing Rupee investments in Sri Lanka in a move to boost Indian investments in its southern neighbor, two people aware of the matter told Mint.The post India to push rupee investments in Sri Lanka appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
We, the Central Bank Executive Officers’ Union (CBEOU), as a professional union representing the Executive Officers of the Central Bank of Sri Lanka, wish to clarify some facts, as it was evident that the discourse on the recent salary revision of the Central Bank of Sri Lanka is extremely partial and raised without proper knowledge […]
Palestinian Prime Minister Mohammad Shtayyeh has announced the resignation of his government, which rules parts of the occupied West Bank, due to the escalating violence in the occupied territory and the war on Gaza. “The decision to resign came in light of the unprecedented escalation in the West Bank and Jerusalem and the war, genocide […]
Globetrotting chefs Jeremy Lee, Karam Gokani, Cynthia Shanmugalingam, James Lowe, and O Tama Carey have already graced the Gourmet Galle stage in the past month carrying out profound masterclasses and hosting delectable dinners in and around historic and artisan locality of Galle. Hailing from culinary capitals such as Japan, London, New York, Sydney, and Singapore, […]
Monday 26th February, 2024 Sri Lanka is a nation in the hara-kiri mode. It needs no enemies; it has become its worst enemy. It continues to maintain a bunch of failed, corrupt politicians and their bureaucratic lackeys responsible for ruining the economy and hell-bent on degrading vital national assets which they are planning to dispose […]
[…]The post Navigating The Economic Reawakening & Sustainable Growth appeared first on Colombo Telegraph.
[…]The post Gazan Fire Fuelled By Western Genocide Enablers With A Scrambled Moral Compass! appeared first on Colombo Telegraph.
ECONOMYNEXT –The Asian Development Bank (ADB) expects Sri Lanka not to reverse its International Monetary Fund-led policy reforms despite elections soon, the ADB Country Director for Sri Lanka Takafumi Kadono said. The island nation has witnessed repeated reversals of policy reforms in the past due to greedy politicians who misled the people to vote for […]
Senior U.S. diplomat Richard Verma on Friday met Sri Lankan President Ranil Wickremesinghe and Foreign Minister Ali Sabry in Colombo, and discussed Sri Lanka's economic recovery and progress on its IMF program, the U.S. State Department said.The post Senior U.S. official discusses Sri Lanka’s IMF program in Colombo appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
As Pakistan grapples with the aftermath of controversial elections, political chaos is threatening to cloud its $3bn deal with the International Monetary Fund (IMF), which analysts say is key to the country’s economic stability. On Thursday, the global lender said Pakistan’s interim government had “maintained” economic stability. The IMF’s communications chief, Julie Kozack, said the […]
Sri Lanka said on Wednesday it had exported tea worth US$20 million to Iran to partially repay its US$251 million oil debts, with Colombo saying Tehran’s visiting foreign minister had expressed “satisfaction” at the deal.The post Sri Lanka settles US$ 20 million Iranian oil debt with tea appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
Sri Lanka sent a new restructuring proposal to dollar bondholders through its adviser Lazard as the South Asian nation seeks to complete overhauling its defaulted debt, according to people familiar with the matter. A counter proposal to a bondholder group’s offer in October for a 20% haircut and the issuance of macro-linked bonds was conveyed […]
Profit before Tax increases by 258% amidst external challenges Pan Asia Banking Corporation PLC reflected a steady performance amidst multitude of adversities emerging from challenging macro-economic conditions as the Bank reported its financial performance during 2023, which showed judicious portfolio management and prudency exercised in dealing with possible fallout on its asset quality in chall...
[…]The post Tailoring Our Needs To Match International Legal Requirements appeared first on Colombo Telegraph.
I became the first person to officially transact using UPI in Sri Lanka on February 12th 2024. In the presence of three heads of states/ governments. Leaders of India, Sri Lanka and Mauritius watched the transaction and celebrated its success with applause. So what is UPI ? How does it benefit indian consumers, merchants and […]
… draws attention to discrepancy in beneficial interest rates for EPF members By Shamindra Ferdinando Dissident SLPP lawmaker Gevindu Cumaratunga yesterday (18) said that the Wickremesinghe-Rajapaksa government owed an explanation how the Governing Board of the Central Bank had approved a massive salary increase to CBSL employees at a time the country was experiencing developing […]
[…]The post Sriyani Hulugalle’s ‘Shadows Of Hantana’: A Romantic Experience For Readers appeared first on Colombo Telegraph.
[…]The post Disturbing Echoes Of The Last Phase Of The Civil War In Sri Lanka & The Treatment Of Palestinians Under Zionist Occupation appeared first on Colombo Telegraph.
The Sri Lankan Government is confident of completing the entire debt restructuring process by June this year. State Minister of Finance Ranjith Siyambalapitiya said that bilateral debt is expected to be restructured by March. He also said that discussions are ongoing with private creditors and their debt is likely to be restructured by April. The […]
Siddhalepa, the esteemed Ayurvedic entity in the island, celebrated the resounding success of its ninth annual Kekulu Children’s Art Competition, culminating in a splendid award ceremony on January 21, 2024, at the J.R. Jayawardene Center. The event was graced by the distinguished presence of Chief Guest Mr. Douglas Alliston, Managing Director of Fragrance Oils, along […]
Sri Lanka’s inflation is anticipated to gradually stabilise around the targeted level of five per cent over the medium term, following a short-lived acceleration of inflation in the near term on account of the recent tax adjustments and supply-side disruptions, the Central Bank of Sri Lanka (CBSL) said in its monetary policy report for February. […]
[…]The post What Is Necessary In Gaza? Ceasefire Or Peace Keeping, Or Both? appeared first on Colombo Telegraph.
The Central Bank of Sri Lanka released the Monetary Policy Report – February 2024 in keeping with the requirements of the Central Bank of Sri Lanka Act, No. 16 of 2023. The content of this Report is mainly based on information that was considered by the Monetary Policy Board of the Central Bank of Sri […]