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- Breaking News (8957)
Headline inflation for March 2024, measured by the year-on-year (Y-o-Y) change in the Colombo Consumer Price Index, has dropped sharply to 0.9 percent in March 2024 from 5.9 percent in February 2024, the Central Bank of Sri Lanka (CBSL) says. This deceleration in the headline inflation was broadly in line with the projections of the […]
- Inflation rises to 6.5 pct in January (Category: Breaking News)
- Inflation drops to 5.1 % in February (Category: Breaking News)
- Inflation of 6.9% in February comes down to 6.3 in March (Category: Breaking News)
- CBSL Governor says inflation could rise to 7% this month (Category: Breaking News)
Empower Her, Empower a Nation Empowering her is to empower a nation. Bringing its deep-rooted values to the spotlight this International Women’s Day, Siyapatha Finance PLC united together to celebrate the collective strength, power and achievement of woman and womanhood across the Island Nation. In hopes of enhancing women’s role in taking leadership, Siyapatha embarked […]
- “She is the pride of the nation” (Category: Breaking News)
- ‘National Women’s Commission’ to be established as an independent body through an Act of Parliam... (Category: Breaking News)
- Chamodi Pabodha – a star in the making (Category: Breaking News)
- Iranian women's group empowers amid pandemic by making masks (Category: USA, South Dakota)
Sri Lanka was optimistic about resolving its debt restructuring issues in the second quarter to secure financing from the International Monetary Fund (IMF), as external creditors are reportedly engaging positively, Bloomberg said quoting the country’s state finance minister. “We anticipate a favourable outcome,” stated state minister Shehan Semasinghe during discussions held in L...
- Bond Auction (Category: Business)
- ‘SL will implement home-grown solution’ (Category: Breaking News)
- Market Flavour (Category: Business)
- Seeking Direction (Category: Business)
Sri Lanka is hopeful it can resolve debt restructuring issues in the second quarter so it can get financing from the International Monetary Fund because external creditors are all engaging “positively,” according to the South Asian nation’s junior finance minister.The post Sri Lanka confident of meeting conditions for IMF funding soon – report appeared first on ONLANKA - Sri Lanka Latest Bre...
- Sri Lanka continued strong economic recovery says IMF (Category: Breaking News)
- IMF says Sri Lanka is doing well (Category: Breaking News)
- IMF sees Lanka as role model - Dr Amunugama (Category: Breaking News)
- IMF refutes reports on its advice to digital service tax in Sri Lanka (Category: Breaking News)
In a series of events to mark the International Women’s Day, Union Bank hosted several networking events for the Bank’s customers including inspiring sessions on business success as well as wellness. A captivating discussion with Mrs. Sandra Wanduragala, Founder Seyln Textiles, provided invaluable knowledge on navigating the path to business success and empowering women entrepreneurs […]
- US committed to supporting women entrepreneurs in Sri Lanka (Category: Breaking News)
- ACMWA recognises Muslim women in Sri Lanka (Category: Breaking News)
- Ogilvy Sri Lanka and Women in Need Unveil ‘Masterpiece of Abuse’ Art Installation for Internatio... (Category: Breaking News)
- HIV scare after arrest of over 130 women during raid on brothels (Category: Breaking News)
Legal action has been filed against the former Governor of the Central Bank of Sri Lanka, Ajith Nivard Cabraal, by the Commission to Investigate Allegations of Bribery or Corruption, for causing a loss of over Rs. 1.84 billion to Sri Lanka. The Commission to Investigate Allegations of Bribery or Corruption filed the case against Cabraal and […]
- Cabraal granted bail in case filed by monk (Category: Breaking News)
- Overseas travel ban on Cabraal extended (Category: Breaking News)
- Cabraal granted bail but banned from overseas travel (Category: Breaking News)
- Overseas travel ban on Cabraal extended (Category: Breaking News)
Legal action has been instituted against five individuals including former Governor of Central Bank of Sri Lanka (CBSL) Ajith Nivard Cabraal, the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) says.
During the bilateral discussion held with Sri Lankan Premier Dinesh Gunawardana in Beijing, President Xi Jinping expressed China s continued support to Sri Lanka together with EXIM Bank of China and China Development Bank, says State Minister of Finance Shehan Semasinghe.
- Resource Conflict (Category: Business)
- China's female astronaut quandary (Category: Technology)
- Full Ahead (Category: Business)
- Brief analysis of Corrupt Public Expenditure in Sri Lanka (Category: Breaking News)
By Hiran H.Senewiratne The Central Bank has taken steps to remove price controls on rupee lending rates from April 1, amid continuing falls in market rates. The price control order on rupee denominated lending products issued in August 2023 ‘contributed to reducing the overall market lending interest rates and therefore yielded the expected results, Central […]
- CBSL to maintain ‘dovish monetary policy in view of economic stabilization’ (Category: Breaking News)
- Policy interest rates reduced to enable economy to reach its true potential – CBSL Governor (Category: Breaking News)
- High interest rates have prevented contraction of economy – CBSL Governor (Category: Breaking News)
- CB reduces interest rates by 100 basis points to tackle inflation and ease borrowing costs (Category: Breaking News)
Sri Lanka’s cabinet has approved increasing the minimum wage by 40%, a top official said on Tuesday, to support workers struggling with living costs as the economy slowly shakes off its worst financial crisis in decades, helped by an IMF bailout. Sri Lanka’s economy collapsed in early 2022 after its foreign exchange reserves dwindled to […]
- Cricketer Lahiru Thirimanna injured in accident (Category: Breaking News)
- Accomplished equestrian Mathilda Karlsson (Category: Breaking News)
- Major fire in Colombo building (Category: Breaking News)
- Students protest after boy dies following Thirukkovil marathon (Category: Breaking News)
Central Bank Governor Dr. Nandalal Weerasinghe says he will not resign over the controversy surrounding the salary hike for employees of the Central Bank of Sri Lanka (CBSL). Speaking to reporters in Colombo today, Weerasinghe defended the pay hike saying it was legal. He also refused to respond to claims the Central Bank had fallen […]
- Uproar in Parliament over massive CB salary hike (Category: Breaking News)
- CB warns of catastrophic consequences if banking sector collapses (Category: Breaking News)
- Government to unveil domestic debt restructuring strategy this week (Category: Breaking News)
- Party leaders slam CB officials over pay hike (Category: Breaking News)
In its quest to challenge Western hegemony in global governance and make itself more representative of the Global South, BRICS has begun to expand itself, including more new member nations. The expansion has led to a formal request by Pakistan to join BRICS in late 2023. This has led to discourse and speculations by scholars, […]
- Pakistan’s Persistent Economic Predicament (Category: Breaking News)
- Pakistan’s election chaos casts shadow on next IMF deal (Category: Breaking News)
- Boost for Lanka, Pakistan ties (Category: Breaking News)
- Pakistan must acknowledge India’s incredible economic growth (Category: Breaking News)
The Governor of Central Bank of Sri Lanka (CBSL), Dr. Nandalal Weerasinghe on Tuesday (March 26), asserted that he would not resign over the controversy surrounding the salary increase.
The Central Bank of Sri Lanka (CBSL) says the country s trade services, mainly earnings from tourism have recovered significantly during the first two months of 2024, while the positive momentum of workers remittances also continued.
The Monetary Policy Board of the Central Bank of Sri Lanka (CBSL) has decided to reduce the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) of the Central Bank by 50 basis points (bps) to 8.50 percent and 9.50 percent, respectively.The post Sri Lanka Central Bank further reduces policy rates appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stor...
- Central Bank of Sri Lanka threatens administrative measures over high market interest rates (Category: Breaking News)
- Central Bank of Sri Lanka decided to maintain policy interest rates at their current levels (Category: Breaking News)
- Sri Lanka central bank keeps policy rates unchanged to tame inflation (Category: Breaking News)
- Sri Lanka’s Central Bank holds policy interest rates at current levels (Category: Breaking News)
The Monetary Policy Board of the Central Bank of Sri Lanka (CBSL) has decided to reduce the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) of the Central Bank by 50 basis points (bps) to 8.50 per cent and 9.50 per cent, respectively.
- Rocky Road (Category: Business)
- Not Under (Category: Business)
- Excess Liquidity (Category: Business)
- New Banks in North and East (Category: Breaking News)
52nd Death Anniversary of Philip Gunawardena falls today by Dr. W. A. Abeysinghe The legendary revolutionary and pioneer of the Sri Lankan Marxist movement, Don Philip Rupasinghe Gunawardena, was born on 11 January 1901 in the rural village of Boralugoda in the Hevagam Korale. His father was Don Jakolis Rupasinghe Gunawardena, popularly known as Boralugoda […]
- LSSP celebrates 76th Anniversary (Category: Business)
- Police & Land Powers; Friends Of The Provincial Council Solution Falling Into The Lap Of Its Ene... (Category: Breaking News)
- Politics Devoid Of Doctrine Is Empty & Harmful In The Long-Run; Premadasa, RW & MR Are Examples (Category: Breaking News)
- Choose Ranil and you choose a cycle of carnage and catastrophe (Category: Breaking News)
Fergus Cumming, Deputy Chief Economist of the Foreign, Commonwealth and Development Office (FCDO), concluded a three-day visit to Colombo from 18 to 20 March, British High Commission said in a statement. Fergus engaged in constructive discussions with key stakeholders, including the State Minister of Finance, Central Bank Governor, IMF Representatives, Diplomatic counterparts, opposition parties, ...
In an unprecedented display of candor, Premier Li Qiang’s inaugural government work report delivered a scathing indictment of the myriad economic woes plaguing China at the recently concluded National People’s Congress in Beijing. The wide-ranging report pulled no punches in exposing the cascading domestic fragilities and external hostilities that threaten to derail the world’s second-largest [...
- Six things to know as Xi Jinping moves to be China’s dictator for life (Category: Breaking News)
- US House select committee seeks answers from FBI on China police ‘outposts’ (Category: Breaking News)
- UNESCO accused of failing to acknowledge Beijing’s actions towards Uyghurs, other Turkic minorit... (Category: Breaking News)
- Social discontent rises among Chinese as economy falls: Report (Category: Breaking News)
[…]The post Citizens Should Be Aware Of The Burden Of Total Government Expenditure appeared first on Colombo Telegraph.
- Evil Is Not Mere Money Printing, But Unbridled Government Expenditure (Category: Breaking News)
- Child’s Guide To Ranilnomics: Actual Tax Payment Is Not What One Pays Today (Category: Breaking News)
- SC Judgment, Fiscal Philosophy, & Long-Term Decisions For A Brighter Future (Category: Breaking News)
- The Role Of National Defence In A Crisis-Ridden Economy (Category: Breaking News)
Sri Lankan President Ranil Wickremesinghe emphasizes the necessity of a new economic reform program for the country’s economic recovery.The post Sri Lanka President stresses vitality of new Economic reforms for country’s recovery appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- “My concern was the nation’s future” – President (Category: Breaking News)
- Sri Lanka President says Let 2048 be the year of development for Sri Lanka (Category: Breaking News)
- Sri Lanka President Ranil delivers Government’s policy statement in Parliament (Category: Breaking News)
- Sri Lanka risks returning to bankruptcy within a decade unless steps taken promptly – President (Category: Breaking News)
Jammu and Kashmir is experiencing a period of high growth, driven by proactive government policies, strategic investments, and concerted efforts aimed at unlocking the region’s immense potential. • Jammu and Kashmir contributes approximately 0.8 percent to India’s GDP, in alignment with its population share of 0.9 percent and its FDI and exports are expanding, with […]
- Can J&K’s GSDP to reach $28 billion with 7.5% growth in 2023-24 (Category: Breaking News)
- J-K on progressive path as ground situation changed after abrogation of Article 370 (Category: Breaking News)
- PM Modi’s vision of self-reliant India shapes startup culture in ‘Naya J&K’ (Category: Breaking News)
- J-K plans massive oilseed cultivation to boost edible oil sector (Category: Breaking News)
Jammu and Kashmir is experiencing a period of high growth, driven by proactive government policies, strategic investments, and concerted efforts aimed at unlocking the region’s immense potential. • Jammu and Kashmir contributes approximately 0.8 percent to India’s GDP, in alignment with its population share of 0.9 percent and its FDI and exports are expanding, with […]
- Can J&K’s GSDP to reach $28 billion with 7.5% growth in 2023-24 (Category: Breaking News)
- J-K on progressive path as ground situation changed after abrogation of Article 370 (Category: Breaking News)
- PM Modi’s vision of self-reliant India shapes startup culture in ‘Naya J&K’ (Category: Breaking News)
- J-K plans massive oilseed cultivation to boost edible oil sector (Category: Breaking News)
President Ranil Wickremesinghe participating in a friendly discussion organized by the ‘United Youth Union’ on the theme ‘Future of our Youth’ in Polonnaruwa on Saturday (23), stressed the necessity of a new economic reform program for the country’s economic recovery. He requested for collective support from all citizens to prevent the next generation from inheriting […]
- Sri Lanka President stresses vitality of new Economic reforms for country’s recovery (Category: Breaking News)
- Proposed laws set to introduce structural changes, will be presented to Parliament in May – Pres... (Category: Breaking News)
- The Government’s objective is to develop Sri Lanka as a thriving nation by 2048 – President (Category: Breaking News)
- “We may contest elections separately but let us collaborate in nation-building endeavors” – Pres... (Category: Breaking News)
[…]The post Gaza In End Times appeared first on Colombo Telegraph.
- The Cauldrons We Make (Category: Breaking News)
- Nakba II & Arab Spring II: Looming Possibilities From Gaza Inferno (Category: Breaking News)
- Palestine & Ukraine: Two More Nails In Imperialism’s Coffin? (Category: Breaking News)
- Disturbing Echoes Of The Last Phase Of The Civil War In Sri Lanka & The Treatment Of Palestinian... (Category: Breaking News)
By Rathindra Kuruwita Governor of the Central Bank, Dr. Nandalal Weerasinghe said that he agrees with the recommendations given by Committee on Public Finance (COPF) on the recent salary increments given to CB employees. Dr. Weerasinghe said the CB has no issue with COPF recommendations but there is a slight problem with the COPF recommendation […]
- CB Governor: It is too late to suspend pay hike for March (Category: Breaking News)
- CB salary controversy: Issue is not increase but size of it, says Harsha (Category: Breaking News)
- Sajith demands immediate withdrawal of Age of Consent Penal Code amendment (Category: Breaking News)
- A departure from the 1995 Age of Consent Legislation (Category: Breaking News)
People’s Bank has been named among the top 20 employers among AICPA and CIMA members in recognition of the bank’s contribution to the growth of management accountancy in Sri Lanka. The award was presented at the AICPA and CIMA Top Employer 2024 Award Ceremony held on recently at the Shangri-La, Colombo. The AICPA & CIMA […]
- ICC Sri Lanka celebrates the Most Admired Companies of 2022 (Category: Breaking News)
- Special offer for AAT members and passed finalists (Category: Business)
- ICC Sri Lanka Celebrates the Most Admired Companies of 2022 (Category: Breaking News)
- MBA a fast track to CIMA (Category: Business)
by Rajan Philips The Election Commission of India has set a staggering 44-day timetable for the country’s 18th Lok Sabha elections, between April 19 and June 1, with the results declared on June 4. There will be seven phases of voting – on April 19, April 26, May 7, May 13, May 20, May 25, […]
- India’s Election Timetable & Sri Lanka’s Deadlock Elections (Category: Breaking News)
- Middle East on Edge, India’s Vote Marathon, and Lanka’s Long Election Eve (Category: Breaking News)
- Indian Politics: Modi Set For Hat Trick At Home; Caught In Dirty Tricks Abroad (Category: Breaking News)
- Indo-Lanka relations:Shared challenges and ‘Quad’ strategies (Category: Breaking News)
The bloodbath candidate by Vijaya Chandrasoma I concluded my essay last week with the prediction that, if Trump does not win re-election in November, “there is little doubt that Trump will, once again, call Foul and refuse to concede defeat. The nation will be plunged into political violence, tantamount to a civil war, for which […]
- Poli (Sigh): Trump Is Never Going To Pivot (Category: USA, Indiana)
- Poli (Sigh): Trump Is Never Going To Pivot (Category: USA, Indiana)
- Poli (Sigh): Trump Is Never Going To Pivot (Category: USA, Indiana)
- Poli (Sigh): Trump Is Never Going To Pivot (Category: USA, Indiana)
[…]The post India’s Election Timetable & Sri Lanka’s Deadlock Elections appeared first on Colombo Telegraph.
- The New Kurukshetra: BJP & Opposition Alliances For The 2024 Elections (Category: Breaking News)
- Timetable set for India’s national election, deadlock elections loom in Sri Lanka (Category: Breaking News)
- Indian Politics: Modi Set For Hat Trick At Home; Caught In Dirty Tricks Abroad (Category: Breaking News)
- Elections Season & JVP/SJB Options (Category: Breaking News)
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