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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.
[…]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.
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 […]
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 […]
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...
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...
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 […]
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.
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 […]
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 […]
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 […]
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, […]