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[…]The post Skeletons In The Cupboard appeared first on Colombo Telegraph.
- RTI Commission Orders People’s Bank To Release Information (Category: Breaking News)
- RTI Commission Orders People’s Bank To Release Information (Category: Breaking News)
- RTI Commission Orders People’s Bank To Release Information (Category: Breaking News)
- RTI Commission Orders People’s Bank To Release Information (Category: Breaking News)
The overall rate of inflation, as measured by the Year-on-Year (Y-o-Y) change in the Colombo Consumer Price Index (CCPI), further decreased to 50.3% in March 2023, from 50.6% recorded in February 2023, the Department of Census and Statistics said.The post Food inflation in Sri Lanka drops to 47.6% in March appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- Sri Lanka’s consumer inflation eases in May 2023 (Category: Breaking News)
- Sri Lanka’s inflation eases to 2.5% in March 2024 (Category: Breaking News)
- Sri Lanka’s July consumer inflation more than halves to 4.6% (Category: Breaking News)
- Sri Lanka’s key inflation rate rises to 1.5% in October (Category: Breaking News)
Sri Lanka has a final opportunity to progress and it is imperative for everyone to collaborate in creating a prosperous community for future generations, without resorting to finger-pointing, emphasized President Ranil Wickremesinghe.The post Sri Lanka President says ‘this is our last chance to forge ahead’ appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA ...
- Sri Lanka’s access to growing Indian & African markets cannot be disrupted – President Ranil (Category: Breaking News)
- Abandon the battle for power, President tells parliament (Category: Breaking News)
- Budget 2023 Will Be The Acid Test Of RW’s Magic Wand (Category: Breaking News)
- IMF says talks with Sri Lanka make significant policy progress (Category: Breaking News)
Sri Lanka will assess a restructuring of its domestic debt next month and expects to finalise it by May, officials from the country s central bank and the Treasury told international creditors during a virtual presentation on Thursday.
Sri Lankan migrant workers foreign remittances improved in February 2023, recording a total of USD 407 million, the Central Bank of Sri Lanka (CBSL) says.
As families across the nation gear up for the upcoming Avurudu celebrations, Nations Trust Bank American Express is encouraging all of its valued Cardmembers to “Embrace Life’s Favourites #WithAmex’’. In the spirit of ringing in the New Year on a joyous and prosperous note, Nations Trust Bank American Express has put together a curated list […]
- Union Bank Avurudu Fiesta 2023 (Category: Breaking News)
- Unilever VIVA supports over 500 families this Avurudu (Category: Breaking News)
- Galle Face Hotel and The Good Market Present “Avurudu Pola” Night Market (Category: Breaking News)
- Avurudu awakening (Category: Business)
China on Thursday called remarks by U.S. Treasury Secretary Janet Yellen "irresponsible" and "unreasonable" after Yellen said Beijing's lending activities leave developing countries "trapped in debt."The post China calls U.S. debt trap accusation ‘irresponsible’ appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- Yellen ‘eager’ to work with China on debt, other global challenges (Category: Breaking News)
- Janet Yellen warns United States could run out of cash by June 1 (Category: Breaking News)
- India a trusted trading partner in ‘friendshoring’ strategy: US Treasury Secretary Janet Yellen (Category: Breaking News)
- Janet Yellen warns US could run out of cash by June 1 (Category: Breaking News)
Sri Lanka will kick off a reworking of part of its domestic debt next month and aims to finalise it by May, central bank and treasury officials told creditors during a virtual presentation on Thursday.The post Sri Lanka expects to finalise domestic debt rework by May appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- Sri Lanka central bank holds rates, sees sharp drop in inflation (Category: Breaking News)
- No move to restructure domestic debt – State Minister (Category: Breaking News)
- Sri Lanka’s creditor nations to meet despite uncertainty on China (Category: Breaking News)
- Sri Lanka to announce debt restructuring strategy in April – Central Bank Governor (Category: Breaking News)
Efforts to damage caused by Tokyo funds projects continue By Shamindra Ferdinando Sri Lanka’s Ambassador in Tokyo Rodney Perera has said that in the wake of the IMF finalizing the latest loan facility, the country received an assurance from Japan that infrastructure development projects here would be provided Japanese funding.Rodney Perera quoted Japanese Prime Minister […]
- SL, Japan to promote sustainable development, and foster low-carbon growth (Category: Breaking News)
- More Japanese funding for post-war projects in North (Category: Breaking News)
- Sri Lanka to get Rs. 3.3bn Japanese grant under Economic and Social Development Program (Category: Breaking News)
- Japan extends Rs. 611 mn grant assistance for HR development in Sri Lanka (Category: Breaking News)
Human Rights Watch (HRW) fears the International Monetary Fund (IMF) loan granted to Sri Lanka could erode rights in the country. The global human rights group said that the Government of Sri Lanka should ensure that policies to enhance revenues do not further erode economic and social rights and that anti-corruption reforms provide accountability. On […]
- HRW says economic crisis puts rights in Sri Lanka in peril (Category: Breaking News)
- Rights group accuses Sri Lanka of cracking down on dissent (Category: Breaking News)
- Ranil urged to end use of counter terror laws on protesters (Category: Breaking News)
- Ongoing abuses undermining proposed TRC goals in Sri Lanka (Category: Breaking News)
The fourth round of negotiations on the proposed Sri Lanka-Thailand Free Trade Agreement (SLTFTA) was held in Colombo from 27 to 29 March 2023 in with Sri Lankan President’s vision of enhancing economic relations with large and emerging economies, with a particular focus on ASEAN countries, the President’s Media Division (PMD) said. The PMD said […]
- Fifth round of Sri Lanka-Thailand FTA talks begin (Category: Breaking News)
- Third round of Sri Lanka-Thailand FTA negotiations to kick off tomorrow (Category: Breaking News)
- Sri Lanka, Thailand successfully conclude 8th round of FTA negotiations (Category: Breaking News)
- Fourth round of negotiations on proposed Sri Lanka-Thailand FTA held (Category: Breaking News)
[…]The post IMF Loan Risks Eroding Rights; Sri Lanka Should Ensure Fair Taxes, Accountability For Corruption: HRW appeared first on Colombo Telegraph.
- Sri Lankan Govt. Should Withdraw Draft ‘Rehabilitation’ Law: Human Rights Watch (Category: Breaking News)
- Rights Groups Urge Strong UN Resolution On Sri Lanka: UNHRC Should Enhance Mandates, Address Gro... (Category: Breaking News)
- Reject New Counterterrorism Bill: Proposed Law Breaks Government Pledge To End Abuse – HRW (Category: Breaking News)
- Rights groups urge strong UN resolution on Sri Lanka (Category: Breaking News)
Chief of Presidential Staff and Senior Adviser on National Security to the President Sagala Ratnayake said that the construction sector’s problems will be addressed gradually as the country’s financial situation improves Ratnayake made this statement during the meeting of the working committee on interest rates and bank recovery measures to uplift the construction sector, held […]
- Gas pipeline project in New Mexico halted amid pandemic (Category: USA, New Mexico)
- Albuquerque housing market continues to boom (Category: USA, New Mexico)
- Phase 2 construction begins on Unser (Category: USA, New Mexico)
- Gas pipeline project in New Mexico halted amid pandemic (Category: USA, New Mexico)
The Governor of the Reserve Bank of India (RBI) Shri Shaktikanta Das and the High Commissioner of Sri Lanka to India Milinda Moragoda today discussed enhancing trade using the Indian Rupee. Continuing his engagement with key officials of the Indian Government, the High Commissioner of Sri Lanka to India Milinda Moragoda met with the Governor […]
- India Bank opens branch in Sri Lanka's North (Category: Breaking News)
- Sri Lanka and India discuss way forward in bilateral economic cooperation (Category: Breaking News)
- High Commissioner Moragoda continues dialogue with Indian Premier’s Principal Secy (Category: Breaking News)
- HC Moragoda meets FICCI President to woo Indian investments (Category: Breaking News)
The Central Bank of Sri Lanka (CBSL) has warned the public of significant risks associated with using and investing in cryptocurrency. Cryptocurrency is a type of virtual currency that is generated by private entities and not by a monetary authority of a country. The term ‘cryptocurrency’ refers to a digital representation of value that is […]
- Fallen ‘Crypto King’ Sam Bankman-Fried gets 25 years for fraud (Category: Breaking News)
- Video: CRYPTO IS DEAD IN AMERICA??? | IS THIS THE END OF CRYPTO??? (Category: Business)
- IMF flags debt restructuring hurdles, says banning crypto should be an option (Category: Breaking News)
- Video: CPI TODAY | WHERE IS CRYPTO HEADING??? (Category: Business)
Thailand and Sri Lanka have completed the 4th round of talks on the Sri Lanka-Thailand Free Trade Agreement (SLTFTA). The fourth round of negotiations on the proposed Sri Lanka-Thailand Free Trade Agreement was held in Colombo from 27 to 29 March 2023. This initiative aligns with the President’s vision of enhancing economic relations with large […]
- Fourth round of negotiations on the proposed Sri Lanka-Thailand Free Trade Agreement held (Category: Breaking News)
- Sri Lanka, Thailand discusses FTA as the country tries to enhance economic relations with ASEAN (Category: Breaking News)
- Fourth round of negotiations on proposed Sri Lanka-Thailand FTA held (Category: Breaking News)
- The Third Round of Sri Lanka – Thailand Free Trade Agreement negotiations scheduled to commence ... (Category: Breaking News)
The Central Bank of Sri Lanka (CBSL), in light of the recent public inquiries and the developments observed in cryptocurrencies, has reiterated the Âsignificant risks associated with using and investing in digital currencies.
[…]The post IMF’s Concern On Corruption appeared first on Colombo Telegraph.
- IMF Forecasts & Systemic Crisis (Category: Breaking News)
- IMF’s Prescription: Panacea Or Palliative? (Category: Breaking News)
- Economic Realities & Political Promises (Category: Breaking News)
- Debt, Divestiture & Discontent (Category: Breaking News)
Sri Lanka in the throes of the worst economic crisis since Independence has resorted to some desperate action; it has for the first time in its history declared bankruptcy, suspended debt repayment, secured an IMF bailout for the 17th time, and agreed to extremely stringent loan conditions, which have already caused social unrest with people […]
- How governments use IMF bailouts to hurt political opponents – new research (Category: Breaking News)
- IMF China and debt-trap (Category: Breaking News)
- Income inequality: How the rich got richer and what politicians are doing about it (Category: Business)
- SL economy, IMF claims, and reality (Category: Breaking News)
Having opened its doors in 1988, Seylan Bank, celebrated a milestone 35 years recently, of proudly serving all stakeholders with an unwavering dedication to excellence, a Seylan Bank press release said. The release adds: ‘The special occasion was commemorated with a religious ceremony at the Millennium Branch of the bank with the participation of the […]
- Seylan Bank partners PAYZA for online remittance worldwide (Category: Business)
- Wider Margins (Category: Business)
- Name Change (Category: Business)
- Change Process (Category: Business)
Sri Lanka is expecting to obtain around US $ 1.36 billion funds from major multilateral agencies, including the International Monetary Fund (IMF), World Bank and Asian Development Bank (ADB), this year.The post Sri Lanka eyes US $ 1.3 Billion from multilateral funding agencies this year appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- World Bank set to approve $700 Million for Sri Lanka next week (Category: Breaking News)
- India plans no more funding for Sri Lanka as IMF talks progress (Category: Breaking News)
- World Bank approves $700 Million for crisis-hit Sri Lanka (Category: Breaking News)
- IMF bailout not a silver bullet for Sri Lanka, says Moody’s Analytics (Category: Breaking News)
Sri Lankan President Ranil Wickremesinghe emphasized during an interview organized by Harvard University on the 24th, through Zoom technology, that Sri Lanka’s access to the growing Indian and African markets should not be disrupted by any big power rivalry or conflictThe post Sri Lanka’s access to growing Indian & African markets cannot be disrupted – President Ranil appeared fir...
- Sri Lanka will not allow anything harmful to India’s security – President Ranil (Category: Breaking News)
- Fearing political pressure, Sri Lanka president wants to avoid trade integrations with India (Category: Breaking News)
- Sri Lanka to establish International Trade Office to deal with International Trade Negotiations (Category: Breaking News)
- Sri Lanka President says ‘this is our last chance to forge ahead’ (Category: Breaking News)
There are three most important priorities for Sri Lanka in the wake of the IMF Programme; implementation, implementation and implementation of the agreed upon benchmarks of the programme. Last thing we need to suddenly find is that we have gone off the track of the programme and it is suspended, Dr. Indrajit Coomaraswamy, Former Governor, Central Bank of Sri Lanka said on Friday.The post Sri Lanka...
- Sri Lanka can t use $1.5 billion China swap on IMF concerns  Dr. Coomaraswamy (Category: Breaking News)
- Ex-central bank chief on main reason for Sri Lanka s socio-economic regression (Category: Breaking News)
- Multilateral lenders will resume lending once IMF program in place - Coomaraswamy (Category: Breaking News)
- Sri Lanka eyes US $ 1.3 Billion from multilateral funding agencies this year (Category: Breaking News)
[…]The post IMF Bailout Conditions Plus New Central Bank Act Will Close Doors To Modern Monetary Theory appeared first on Colombo Telegraph.
- SC Judgment, Fiscal Philosophy, & Long-Term Decisions For A Brighter Future (Category: Breaking News)
- Child’s Guide To Ranilnomics: Actual Tax Payment Is Not What One Pays Today (Category: Breaking News)
- Child’s Guide To Currency Board Systems: Steve Hanke’s Crusade For Currency Boards (Category: Breaking News)
- Ranil’s Biggest Woe: What To Do When Fiscal & Monetary Policies Have Failed & Are Still Falling? (Category: Breaking News)
[…]The post Still On The Rotten Bridge appeared first on Colombo Telegraph.
- Taxing Times (Category: Breaking News)
- A führer In The Making (Category: Breaking News)
- What Is To Be Done? – Anura Kumara Dissanayake (Category: Breaking News)
- Celebrating Independence Or Inaugurating Dependence? (Category: Breaking News)
A popular Zimbabwe preacher who has links with a pastor in Sri Lanka, has denied allegations of corruption after he was accused of gold-smuggling. Issuing a lengthy statement, Presidential Envoy and preacher Uebert Angel, said that the allegations in an Al Jazeera documentary was part of a well-crafted ploy to trap the Ambassador and tarnish […]
- Zimbabwe preacher linked to Sri Lankan pastor stripped of title (Category: Breaking News)
- Zimbabwe preacher with links to Sri Lankan “prophet” accused of gold-smuggling (Category: Breaking News)
- Mahinda’s links with Ubert and Jerome likely to be probed (Category: Breaking News)
- New conditions for long term residence visa for foreign investors (Category: Breaking News)
ECONOMYNEXT – Sri Lanka is projected to lend 2,533 million US dollars mainly to the US and Euro areas during an International Monetary Fund deal in 2023 including a mandatory 1.4 billion US dollars collected from exports and remittances, according to official documents. Sri Lanka is expected to get two tranches of 331.2 million dollar […]
- FOREIGN RESERVES TO REACH 8B US DOLLARS (Category: Breaking News)
- Info about USD 4.2 bn debt deal with China shared with other creditors – CBSL Chief (Category: Breaking News)
- Sri Lanka s official reserves estimated at USD 3.5 billion (Category: Breaking News)
- Remittances from expat workers increase (Category: Breaking News)
[…]The post President Joe Biden’s Headaches; Economic, Political & Social appeared first on Colombo Telegraph.
- Seventy Five Years Of Independence Or Curse (Category: Breaking News)
- Ballad Of A Sad Trumpet (Category: Breaking News)
- Ranil’s Economic Strategy: Will His Prioritisation Of Targets Misfire? (Category: Breaking News)
- How Lanka Can Benefit From A Global Recession (Category: Breaking News)
USD 121 million out of USD 333 million, the first tranche that was extended to Sri Lanka by the International Monetary Fund (IMF), was used to pay the instalment of the Indian credit line yesterday (March 24), State Minister of Finance Ranjith Siyambalapitiya said.The post USD 121 Million paid to India from first tranche of IMF loan received to Sri Lanka appeared first on Sri Lanka News - Latest B...
- One third of first tranche of IMF bailout vaporised (Category: Breaking News)
- First review of IMF’s Extended Fund Facility for Sri Lanka to commence today (Category: Breaking News)
- Sri Lanka repaid first instalment of Indian credit line - Siyambalapitiya (Category: Breaking News)
- IMF bailout package has unlocked new path to create better future for youth and uplift the count... (Category: Breaking News)
[…]The post IMF Deal Is Not A Solution – Restart Decisive Struggle Against Government Attacks! appeared first on Colombo Telegraph.
- The Aragalaya & The Wijeweera Legacy: How The Lankan Left Could Win (Category: Breaking News)
- Janatha Aragalaya: The People’s Struggle In Sri Lanka (Category: Breaking News)
- President Should Be Responsible! (Category: Breaking News)
- The Left, The Nationalist Right & Industrialisation As Policy (Category: Breaking News)
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