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Iranian Agriculture Minister Mohammad-Ali Nikbakht has stressed the need to further expand cooperation with Sri Lanka in trade and agriculture. Last year, Iran imported over $70 million of products, especially tea and coconut, from Sri Lanka, Nikbakht has pointed out, IRNA wrote. Importing tea from Sri Lanka, through a barter mechanism, is a proper step, […]
Sri Lanka s gross official reserves (GOR) stood at USD 5 billion by the end of March 2024, recording a notable increase compared to USD 4.4 billion at the end of 2023.
Thursday 2nd May, 2024 The police have embarked on a campaign, parallel to their war on drugs, to clear busy intersections of beggars who solicit alms near traffic lights, causing much inconvenience to motorists. Scores of beggars have already been arrested and hauled up before courts for doing so, we are told. Sri Lankans drive […]
Sri Lanka s Foreign Minister Ali Sabry and Saudi Arabia s Minister of Investment Khalid Al Falih have signed a Memorandum of Understanding (MoU) on Investment Promotion between the two countries.
Over the last few decades China has not only become Africa’s largest trading partner, but is its biggest bilateral lender. In the last 15 years, trade between China and African nations reached $282.1 billion (in 2023). Out of these numbers, most of the exports to China were supplied by South Africa, Angola and the Democratic […]
The International Monetary Fund (IMF) wants Sri Lanka to work on governance issues and to also stick to the IMF supported program. Krishna Srinivasan, IMF Director of the Asia and Pacific Department noted that Sri Lankans faced a very difficult challenge when they embarked on the IMF program. “And so far, what we’ve seen is […]
A partnership between an Indian and a Russian firm has secured the management rights for the Mattala Rajapaksa International Airport in Hambantota. The airport, once infamous as the “world’s emptiest airport” due to minimal flight activity, is now under the purview of Shaurya Aeronautics (Pvt) Ltd of India and Airports of Regions Management Company of […]
Arespected law firm in New Zealand, when advertising positions for apprentice lawyers, tends to overlook applications from graduates who have not attended top-ranked institutions. Hence, it becomes crucial for universities to achieve international high rankings. Beyond scenarios like job searches, there are several reasons why a higher ranking holds significance for a university: https://www.adsci...
[…]The post May Day Thoughts: Political Economy Of The Ranil-SLPP-SLFP-UNP-SJB Convergence appeared first on Colombo Telegraph.
The President briefed the Cabinet of Ministers of the progress of the discussions between the Minister of State for Foreign Affairs and the Deputy Minister of Trade Indonesia with respect to the proposed Preferential Trade Agreement between the two countries. The initial discussion were held online on 03.04.2024 and 04.04.2024. The Negotiation Committee has exchanged […]
Cash-strapped Pakistan is poised to receive a $1.1bn loan tranche from the International Monetary Fund (IMF) after a key meeting of the international lender’s executive board on Monday, even as economists have warned that the country needs deep reforms to reduce its dependence on overseas financial assistance. Late on Monday night, Pakistan’s Ministry of Finance […]
[…]The post Lessons From America appeared first on Colombo Telegraph.
Minister of Foreign Affairs of Japan Yoko Kamikawa is scheduled to undertake a two-day official visit to Sri Lanka, beginning May 4. During this visit, the Japanese Foreign Minister is scheduled to pay courtesy calls on President Ranil Wickremesinghe and Prime Minister Dinesh Gunawardena. The Japanese Foreign Minister and her delegation will have official discussions […]
Japanese Foreign Minister Yoko Kamikawa is to undertake a two-day visit to Sri Lanka on 04 and 05 May 2024, the Sri Lankan Foreign Ministry announced, Monday. During this visit, the Japanese Foreign Minister is scheduled to pay courtesy calls on President Ranil Wickremesinghe and Prime Minister Dinesh Gunawardena. The Japanese Foreign Minister and her delegation […]
Japanese Foreign Minister Yoko Kamikawa is to undertake a two-day visit to Sri Lanka on 04 and 05 May 2024, the Sri Lankan Foreign Ministry announced, Monday. During this visit, the Japanese Foreign Minister is scheduled to pay courtesy calls on President Ranil Wickremesinghe and Prime Minister Dinesh Gunawardena. The Japanese Foreign Minister and her delegation […]
Minister of Foreign Affairs of Japan Yoko Kamikawa is scheduled to undertake an official visit to Sri Lanka from 04 to 05 May 2024, the Ministry of Foreign Affairs said.
By N Sathiya Moorthy If there is one job that is more difficult than being the CEO of a global government, it is being the elected Executive President of Sri Lanka – or, any other democracy of disproportionate sizes. Notwithstanding what incumbent Ranil Wickremesinghe has since said about the future of Executive Presidency – conveniently, […]
By Khalid Hamoud Alkahtani The Kingdom of Saudi Arabia is hosting the first-ever special meeting of the World Economic Forum in the capital, Riyadh, which will discuss many important issues such as international cooperation, growth, and energy during the period 28th -29th April 2024. This event is one of the outcomes of the cooperation agreement […]
The Annual Economic Review and Financial Statements and Operations of the Central Bank for the Year 2023 points out that backtracking from the implemented and planned critical reforms will tip the economy to a state of instability. Thus, continuing with the broader political and social consensus on economic reforms will be critical to avoid recurring […]
[…]The post Foreign Debt Restructuring: Too Late & Too Short To Get Out Of The Debt Trap appeared first on Colombo Telegraph.
[…]The post Sri Lanka’s Political Landscape: Navigating A Tripartite Contest appeared first on Colombo Telegraph.
The Sri Lankan Rupee (LKR) has appreciated against the US dollar (USD) today (April 26), according to the Central Bank of Sri Lanka (CBSL).The post Sri Lankan Rupee appreciated against U.S. Dollar on April 26, 2024 appeared first on Sri Lanka News | Breaking News & Top Stories in Sri Lanka | ONLANKA.
By SHIHAR ANEEZ ECONOMYNEXT –Sri Lanka has allowed a German research vessel for replenishment in Colombo port for the second time following the clarification from the island nation’s Foreign Ministry after Chinese protest. “It’s the same German research vessel came last month. It came around New Year time when it was returning and the ship was […]
Japanese Foreign Minister Yoko Kamikawa is to visit Sri Lanka this week, the Japanese Foreign Ministry announced. According to the Kathmandu Post, Kamikawa will arrive in Kathmandu on May 4 via Sri Lanka on a two-day Nepal visit. Japan has established a deep relationship of trust with both Sri Lanka and Nepal based on long […]
[…]The post American Chaos, Modi’s Heatwave & Ranil As Common Government Candidate appeared first on Colombo Telegraph.
[…]The post Debate Between Presidential Candidates First: A Point Of View appeared first on Colombo Telegraph.
The Sri Lankan Rupee (LKR) has appreciated against the US dollar (USD) today (April 27), according to the Central Bank of Sri Lanka (CBSL).The post Sri Lankan Rupee appreciated against U.S. Dollar on April 27, 2024 appeared first on Sri Lanka News | Breaking News & Top Stories in Sri Lanka | ONLANKA.
Under Secretary for Trade and Foreign Agricultural Affairs at the U.S. Department of Agriculture (USDA), Alexis Taylor, paid a courtesy visit to President Ranil Wickremesinghe on Friday (April 26).The post USDA official collaborates with Sri Lankan President to advance dairy modernization appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
The Sri Lankan Government says the economy has stabilized and growth is now emerging. State Minister of Finance Shehan Semasinghe said that the currency appreciated from Rs. 360/USD in 2022 to Rs. 300/USD at present. “It is important to understand that exchange rates in Sri Lanka is Market-determined which allows currency values to adjust according […]
The United States and Sri Lanka discussed agriculture modernization efforts in Sri Lanka. Under Secretary for Trade and Foreign Agricultural Affairs at the U.S. Department of Agriculture (USDA), Alexis Taylor, paid a courtesy call on President Ranil Wickremesinghe. During the discussions, the President was briefed on the ongoing dairy modernization program supported by the US. […]