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Minister of Foreign Affairs, Ali Sabry, announced the government’s expectation to finalize the foreign debt restructuring process by June. If successful, this endeavour could lead to a reduction of approximately US $17 billion of Sri Lanka’s debt burden.
Several Sri Lankans have been killed while fighting as mercenaries in the Russia-Ukraine war, the Ministry of Defence said. The Ministry of Defence said that a number of retired Sri Lankan soldiers have joined the Russian-Ukraine war through human traffickers, as members of mercenary groups. “It is also revealed that a significant number of war […]
The Sri Lankan Government says there were no concerns raised over the recent visit by Iranian President Ebrahim Raisi. Foreign Minister Ali Sabry said that the Ministry of Foreign Affairs adheres strictly to international rules and regulations in its interactions with foreign countries. “we’re actively seeking to attract more investors, as demonstrated by the successful […]
The Western Province (South) Crimes Division says that a foreign-manufactured hand grenade and a motorcycle were discovered following the preliminary interrogation of the underworld criminal gang leader Ramesh Priyajanaka, also known as Manna Ramesh , who was arrested in Dubai and brought to Sri Lanka yesterday.
Sri Lanka’s Ministry of Defence has learned that a number of retired war veterans, who dedicated their lives to defending the country during the 30-year-long terrorist war, have fallen victim to a scheme orchestrated by illegal foreign job agents.The post Sri Lanka’s Ministry of Defence exposes exploitation of war veterans as overseas mercenaries appeared first on Sri Lanka News | Breaking N...
The government has approved a 20-year power purchase agreement between Sri Lanka and India’s Adani Green Energy for the development of 484 megawatt wind power stations. “The negotiated tariff rate of USD 0.0826 per kilowatt hour is to be paid in local rupees on the prevailing exchange rate at the time of payment,” Energy Minister […]
[…]The post Reporting On UNHRC Matters: An Open Letter To Sinha Ratnatunga Editor Of The Sunday Times appeared first on Colombo Telegraph.
Sri Lanka’s tentative recovery from its worst economic crisis could be stalled by presidential elections due later this year, the island nation’s central bank chief warned on Tuesday. Months-long shortages of food, fuel and medicines culminated in Sri Lanka defaulting on its foreign debt in 2022 and angry protests that led to the ouster of […]
Sri Lanka has decided to sign a 20-year wind power deal with India’s Adani Green Energy Limited. The Cabinet of Ministers had granted approval at their meeting held on 07.03.2022 to enter into a memorandum of understanding with M/s Adani Green Energy Limited of India to develop wind power stations in Mannar and Pooneryn. Accordingly, […]
Sri Lanka's official reserve assets grew by 9.6% in April 2024, as announced by the Central Bank of Sri Lanka (CBSL).The post Sri Lanka’s official reserve assets up by 9.6% in April 2024 appeared first on Sri Lanka News | Breaking News & Top Stories in Sri Lanka | ONLANKA.
Sri Lanka s official reserve assets increased by 9.6% to USD 5.43 billion in April 2024, compared to USD 4.96 billion in March 2024, according to the Central Bank of Sri Lanka (CBSL).
[…]The post Valuing Japan’s Moral Ethos & Economic Assistance appeared first on Colombo Telegraph.
Tuesday 7th May, 2024 The BIA (Bandaranaike International Airport) visa controversy has taken a dramatic turn with the Opposition accusing Public Security Minister Tiran Alles of having misled Parliament. The outsourcing of on-arrival visa processing to a foreign company has provoked a public outcry. The company reportedly charges about USD 20 or more as visa […]
by Jehan Perera The visit of Japan’s foreign minister Yoko Kamikawa to Sri Lanka is an indication that the relationship between the two countries is on the mend. The manner in which Japan was ousted from the special status it had once held by the previous government headed by President Gotabaya Rajapaksa would have caused […]
by Dr Upul Wijayawardhana “If it ain’t broke, don’t fix it.” This is very sound advice to be followed at this time of distress in Sri Lanka, as there are many things that are broken and need fixing urgently. Some may say our ruling politicians are not smart enough to grasp the validity of such […]
[…]The post Fleas Dream Of Buying A New Dog appeared first on Colombo Telegraph.
A Sri Lankan man who spoke out at the Bandaranaike International Airport (BIA) in Katunayake on May 01 against the takeover of the on-arrival visa issuance process by an Indian company has been summoned to the Katunayake Airport Police to record a statement today (May 06).The post Police summon Sri Lankan citizen for speaking against Visa issuance takeover appeared first on Sri Lanka News | Breaki...
The Cabinet of Ministers has decided to retain the existing USD 50 fee per person for a 30-day visa for foreign visitors entering Sri Lanka.
Sri Lanka's Minister of Public Security, Tiran Alles, asserts that action will be taken against both the individual who caused a disturbance in the visa issuance section at Bandaranaike International Airport (BIA) in Katunayake recently and the officers who documented the incident.The post Minister Tiran Alles vows action on BIA disturbance, clarifies visa charges appeared first on Sri Lanka News ...
Sri Lanka Director of the National Mine Action Centre (NMAC) and the Secretary to the Ministry of Urban Development and Housing W. S. Sathyananda has assured the international community that the ongoing mine clearing operations will reach a successful conclusion within three years. The assurance has been given at the recently concluded 27th International Meeting […]
The second meeting of the strategic dialogue between Sri Lanka and the United Kingdom is scheduled to be held in Colombo tomorrow (07), at the senior officials’ level, the Foreign Ministry said. A senior Ministry official said: “The meeting will review developments in foreign and security policies, as well as progress in the areas of […]
by Jayasri Priyalal Jayasripriyalal59@gmail.com The greatest challenges confronting the nation-states in the current era revolve around; deplorable debt, depleted natural resources, and degraded environment. Economic growth and future prosperity for all living beings are stalled due to the varying degrees of the 3D problems emerging out of ill-conceived policy divergences propelling the linear eco...
Monday 6th May, 2024 Fear is being expressed in some quarters that the upcoming elections may bring the country under a pall of political uncertainty again, adversely impacting the ongoing economic recovery efforts in the event of a regime change and/or an unstable government. The SJB and the NPP have declared their intention to renegotiate […]
… reminds the need for anti-corruption measures in line with agreement with IMF Sri Lanka will take delivery of a vessel equipped with a sonar (echo sounder) to be used in the compiling of maritime charts.Japanese Foreign Minister Kamikawa Yoko made this announcement at a joint media briefing held with her counterpart Ali Sabry, PC, […]
[…]The post Pointless Debate On The Economy When Issue At Hand Is Much Broader appeared first on Colombo Telegraph.
[…]The post Presidential Election Debate Continues appeared first on Colombo Telegraph.
Opposition Leade Sajith Premadasa briefed Japan on plans the Samagi Jana Balawegaya has after ending the “corrupt and ruthless” regime. Premadasa met with Japanese Foreign Minister Yōko Kamikawa, Saturday, for a special discussion on Sri Lanka’s current situation. During the meeting, Premadasa briefed Minister Kamikawa on Sri Lanka’s economic crisis and outlined the plans o...
Japan says it is ready to resume funding the Light Rail Transit (LRT) project in Sri Lanka once the debt restructuring process is completed. Japan Foreign Minister, Yōko Kamikawa, called on President Ranil Wickremesinghe at the Presidential Secretariat, Saturday. Foreign Minister Kamikawa appreciated the President’s efforts to overcome the economic crisis, as well as pursuing […]
A foreign company that has secured the exclusive right to process applications for Sri Lankan visas stands to earn at least 12.76 billion rupees ($42.5 million) for the same service that a local company had offered virtually free. Chaos broke out at the Bandaranaike International Airport on May Day when VFS Global set up an […]
by Rex Clementine Excitement among cricket enthusiasts is high with the T-20 World Cup less than a month away. After years of disappointing performances and underachievement, the team’s fortunes are back on track thanks to meticulous planning. A semi-final finish in the 20-team competition will be highly appreciated. The national selection panel under Upul Tharanga […]