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The Stax Academy, an initiative by Stax LLC, a global strategy consulting firm that specializes in delivering actionable, data-driven insights, recently conducted its graduation ceremony for the students of its first course in Colombo. The Academy was established as a platform to upskill future business leaders to take on the challenges of the global economy. […]
- Stax Academy celebrates second class of graduands (Category: Breaking News)
- Stax Invests in the Next Generation of Business Leaders with Launch of ‘Stax Academy’ (Category: Breaking News)
- Stax acquires boutique consulting firm in London to expand its global footprint (Category: Breaking News)
- Sir Vivian Richards joins Lanka Premier League as brand ambassador (Category: Breaking News)
Minister of Foreign Affairs Ali Sabry has expressed his regret over Sri Lanka s decision to refuse the burial of COVID-19-infected bodies.
Sri Lanka’s worries are increasing as China has not agreed to debt restructuring modalities as per the International Monetary Fund’s requirements, which is essential for the multilateral funding organisation before it green signals a $2.9 billion bailout package to the crisis-hit island country in mid-December. In October, Sri Lankan President Ranil Wickremesinghe told his country’s […]
- China cautions Sri Lanka on IMF deal (Category: Breaking News)
- Bad news for Beijing: Colombo will not allow China to use Sri Lanka as base to threaten India (Category: Breaking News)
- Sri Lanka must avoid China’s debt restructuring as Beijing is to seek preferential treatment (Category: Breaking News)
- Sri Lankan economy v/s humungous Chinese loans (Category: Breaking News)
BY Ajeyo Basu New Delhi: Since its creation in 1947, Pakistan has based the very purpose of its existance on establishing Muslim rule over ‘Hindu’ India. However, the setbacks in the wars of 1965 and 1971 made the Pakistan Army – the actual rulers of the impoverished country – realise the futility of direct military confrontation […]
- Pakistan Reaps What It Sowed (Category: Breaking News)
- What is behind a resurgence of violent attacks in Pakistan? (Category: Breaking News)
- Pakistan’s Alarming Rise in Terrorism Is Fueled by Afghanistan (Category: Breaking News)
- Pakistan restricts movement of Afghans through Torkham border after rise in terror attacks: Report (Category: Breaking News)
Sri Lanka owed Chinese lenders $7.4 billion - nearly a fifth of its public external debt - by the end of last year, calculations by the China Africa Research Initiative (CARI) published on Wednesday showed, an estimate higher than many others.The post Sri Lanka’s debt to China close to 20% of public external debt – study appeared first on Sri Lanka News - Latest Breaking News in Sri La...
- China’s EXIM bank offers Sri Lanka debt extension – report (Category: Breaking News)
- India ‘strongly supports’ Sri Lanka debt restructuring plan, it tells IMF (Category: Breaking News)
- Paris Club proposing a 10-year moratorium on Sri Lanka’s debt – Report (Category: Breaking News)
- Sri Lanka’s debt restructuring: China expected to inform its support to IMF today (Category: Breaking News)
By Shamindra Ferdinando Having comfortably won the vote on the Second Reading of 2023 Budget, two days earlier, President Ranil Wickremesinghe, on November 24, dealt with a spate of issues, including the responsibilities of the armed forces and the police, obviously indicating how a second Aragalaya, aimed at ousting his government from power, by way of violent protests, as was […]
- Talks underway with dissident SLPPers: Chief Opp. Whip (Category: Breaking News)
- Jayasumana pushing for Opp. campaign against govt.’s economic strategy (Category: Breaking News)
- SLPP rebel MPs urge GR to break his silence on 13 A (Category: Breaking News)
- Proposed all-party govt: Prez wins support from unexpected quarters (Category: Breaking News)
By Shamindra Ferdinando Former Foreign Minister Prof. G. L. Peiris has questioned the rationale behind President Ranil Wickremesinghe’s warning that the military will be deployed to curb protest vis-a-vis a Foreign Ministry undertaking to boost foreign trade and investment. Addressing the Parliament, during the Budget committee stage debate, on 28 Nov., Prof. Peiris said the […]
- Minister GL to represent President at CHOGM in Rwanda (Category: Breaking News)
- GL: Cost of living intolerable, street protests inevitable (Category: Breaking News)
- Sri Lanka remains open to engaging with diaspora community - Foreign Minister (Category: Breaking News)
- Opposition: Parliament prorogued to derail finance committee probes (Category: Breaking News)
Former President Gotabaya Rajapaksa and former Prime Minister Mahinda Rajapaksa busted more than Rs. 40 million in 2021 on official overseas visits, Daily Mirror reported based on details provided by the Presidential Secretariat and the Prime Minister’s Office. Details furnished by the Presidential Secretariat and the Prime Minister’s Office under the RTI revealed that the […]
- SC allows proceedings against GR, MR to proceed (Category: Breaking News)
- Leadership of Gota and Ranil rejected (Category: Breaking News)
- Supreme Court finds Rajapaksa brothers guilty over economic crisis (Category: Breaking News)
- MR sees foreign hand in economic crisis (Category: Breaking News)
[…]The post Danushka’s Sex Scandal: Time For “Me Too Aragalaya” In Sri Lanka appeared first on Colombo Telegraph.
- Marital Blitz & On The Subject Of Marriage As A License To Rape (Category: Breaking News)
- Examining Sri Lanka’s New ‘Romeo & Juliet Law’: A Departure From The 1995 Age Of Consent Legisla... (Category: Breaking News)
- A departure from the 1995 Age of Consent Legislation (Category: Breaking News)
- Is Sri Lanka Still The “Pedophile’s Pleasure Center?” (Category: Breaking News)
[…]The post RW’s Oracle For Peace, Stability & Growth appeared first on Colombo Telegraph.
- RW Summons Youth For Economic Marathon (Category: Breaking News)
- Systemic Drain (Category: Breaking News)
- Ranil’s One Policy Framework, Debt & The System (Category: Breaking News)
- Ranil’s Perilous Authoritarian Alternative (Category: Breaking News)
Sri Lankans can now hold $10,000 worth of the Indian rupee (INR) in a physical form, though the INR would not be legal tender in Sri Lanka, after India approved a Sri Lankan request to designate the INR as the foreign currency.The post Indian Government allows Sri Lankans to hold $10,000 worth of rupee in cash appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- Sri Lankan bank opens VOSTRO account in India (Category: Breaking News)
- Indian govt allows Lankans to hold $10,000 worth of rupee in cash (Category: Breaking News)
- Sri Lanka and India hold discussions on use of INR in tourism and trade (Category: Breaking News)
- Using the Indian Rupee for economic transactions will have positive impact on the tourism and ho... (Category: Breaking News)
China welcomes Sri Lankan Foreign Minister Mohamed Ali Sabry's rebuttal of the narrative of the so-called Chinese "debt trap" in Sri Lanka, Foreign Ministry Spokesperson Zhao Lijian said here on Monday.The post China welcomes Sri Lankan foreign minister’s remarks on ‘Chinese debt trap’ appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- CHINA WARMLY WELCOMES PRESIDENT (Category: Breaking News)
- GTF welcomes delisting of diaspora entities (Category: Breaking News)
- US welcomes recommendations (Category: Breaking News)
- United States welcomes IMF board approval for Sri Lanka (Category: Breaking News)
Protests against Covid restrictions which erupted over the weekend appear to have died down, as a heavy police presence is reported in Chinese cities. Large barriers have gone up along the main protest road in Shanghai and police have made several arrests. They have been stopping people taking photos of the protests and deleting pictures […]
- US imposes Covid testing for visitors from China (Category: Breaking News)
- China reports first Covid deaths in six months (Category: Breaking News)
- Covid protests widen in China after Urumqi fire (Category: Breaking News)
- Xi Jinping defends zero-Covid as party meeting opens (Category: Breaking News)
The third secretary of the Sri Lanka Embassy in Oman, E. Kushan was arrested by the Criminal Investigation Department (CID) officers upon his arrival at the Bandaranaike International Airport (BIA) in Katunayake this morning (November 29).The post Third secretary of the Sri Lanka Embassy in Oman involved in Human Trafficking arrested appeared first on Sri Lanka News - Latest Breaking News in Sri L...
- Embassy officer in Oman interdicted over human trafficking (Category: Breaking News)
- Embassy official arrested over human trafficking to Oman remanded (Category: Breaking News)
- Human trafficking to Oman: Two more suspects arrested (Category: Breaking News)
- Embassy official involved in human trafficking to Oman arrested (Category: Breaking News)
JAT Holdings PLC has posted exceptional financial performance for Q2 of FY 2022/23. During the Quarter, the Group also achieved a major milestone, delivering on its key IPO promise, by inaugurating its own end-to-end state-of-the art manufacturing facility in Bangladesh. Simultaneously, JAT Holdings PLC also recorded its highest-ever revenue for Q2 in history, doubling its […]
- Volt Charge: A visionary JAT Holdings joint venture redefining the Global EV charger industry (Category: Breaking News)
- JAT Holdings forges partnership with Herman Miller (Category: Business)
- JAT Holdings and MTV Channel Private Limited join forces (Category: Breaking News)
- JAT Holdings Opens Herman Miller Showroom (Category: Business)
China says Sri Lanka has given a strong rebuttal to the “Chinese debt trap” narrative. Chinese Foreign Ministry Spokesperson Zhao Lijian said China welcomed Sri Lankan Foreign Minister Mohamed Ali Sabry’s rebuttal of the narrative of the so-called Chinese “debt trap” in Sri Lanka. Sabry has said that when Sri Lanka went to China in […]
- China defends loans offered to Sri Lanka (Category: Breaking News)
- China ready to work with other countries to support Sri Lanka (Category: Breaking News)
- China welcomes Sri Lankan foreign minister’s remarks on ‘Chinese debt trap’ (Category: Breaking News)
- China willing to help Sri Lanka deal with debt burden (Category: Breaking News)
Sri Lanka’s inflation is expected to significantly cool in the coming months after peaking near 70% this year, and the nation may gradually relax a currency band as inflows improve, central bank governor Nandalal Weerasinghe said.The post Sri Lanka’s inflation expected to significantly cool in the coming months – CBSL Governor appeared first on Sri Lanka News - Latest Breaking News in ...
- Sri Lanka’s headline inflation may rise to 70% in coming months – Central Bank of Sri Lanka (Category: Breaking News)
- Sri Lanka central bank chief: monetary policy transmission still incomplete (Category: Breaking News)
- Sri Lanka to introduce new central bank law, inflation target (Category: Breaking News)
- Sri Lanka Says Inflation Nears Peak, Easing Pressure on Economy (Category: Breaking News)
The Sri Lankan Government is currently aiding the repatriation of 85 Sri Lankans who agreed to return to the island following an illegal migration attempt, Foreign Minister Ali Sabry stated.
The Court of Appeal has decided to inquire into the writ application filed by the social activist Oshala Herath seeking to invalidate State Minister Diana Gamage’s position as a Member of Parliament.The post Court of Appeal orders Immigration & Emigration Department to submit documents on Diana Gamage’s citizenship appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - O...
- Court imposes travel ban on Diana Gamage (Category: Breaking News)
- Court calls for investigation report of complaint filed over Diana Gamage’s Passport (Category: Breaking News)
- Diana Gamage’s travel ban temporarily lifted (Category: Breaking News)
- CID can arrest Diana Gamage without warrant – Court tells CID (Category: Breaking News)
Sri Lanka s Foreign Minister Ali Sabry is scheduled to leave for Washington DC in the United States today on an official state visit and is expected to hold talks with US Secretary of State Antony Blinken, tomorrow (29), the Ministry of Foreign Affairs said.
Foreign Minister Ali Sabry is to visit the United States of America for talks with U.S. Secretary of State Antony Blinken. The Foreign Ministry said that Sabry will visit the United States of America from 29 November to 04 December 2022, on the invitation of the U.S. Secretary of State Antony Blinken. Foreign Minister Sabry […]
- Sri Lanka crisis an opportunity for more democratic, inclusive Government – Blinken (Category: Breaking News)
- Minister Ali Sabry meets U.S. State Secretary Antony Blinken (Category: Breaking News)
- US and India discuss situation in Sri Lanka (Category: Breaking News)
- Blinken and Sabry discuss debt restructuring and IMF deal (Category: Breaking News)
BY Lili Bayer At one end, China hawks like the U.S. are trying to converge NATO’s goals with their own desire to constrain Beijing. At the other are China softliners like Hungary who want to engage Beijing. Then there’s a vast and shifting middle: hawks that don’t want to overly antagonize Beijing; softliners that still […]
- NATO head Stoltenberg: EU needs the US to protect against China (Category: USA, New York)
- NATO head Stoltenberg: EU needs the US to protect against China (Category: USA, New York)
- NATO head Stoltenberg: EU needs the US to protect against China (Category: USA, New York)
- NATO head Stoltenberg: EU needs the US to protect against China (Category: USA, New York)
President Xi Jinping revives interaction with world leaders after securing his third term of power at the communist party’s 20th congress last month. He makes it apparent that in full control of power internally, he now wants to bolster China’s image in the world as its tensions rise with the West. Within days of the […]
- Pushpika through to the Top 20 (Category: Breaking News)
- Xi builds campaign to change West-led world order (Category: Breaking News)
- Taiwan in the eye of worsening East-West tensions (Category: Breaking News)
- Chinese military raises tensions everywhere it goes (Category: Breaking News)
Several countries have sought assistance from Bangladesh after the South Asian nation helped Sri Lanka with a currency swap, Bangladesh Prime Minister Sheikh Hasina said. “We have assisted Sri Lanka from our (forex) reserves. After that, I received requests from many countries,” she said. The Prime Minister said this while delivering her introductory speech at […]
- Hasina rules out possibility of Sri Lanka-like crisis in Bangladesh (Category: Breaking News)
- Bangladesh considering sending potatoes to Sri Lanka during the crisis (Category: Breaking News)
- Sri Lanka congratulates Bangladesh PM on polls win (Category: Breaking News)
- Bangladesh’s ruling party angered over claims country like Sri Lanka (Category: Breaking News)
By N Sathiya Moorthy Talking to newsmen in Colombo recently, former President Chandrika Bandaranaike Kumaratunga, CBK, said that the nation demanded a ‘radical system-change’ and voters much elect someone who can do it. In context, she referred to the hugely successful Aragalaya protests earlier in the year and pointed out how they were unprecedented and […]
- Sajith admits he wrote to GR on PM post (Category: Breaking News)
- Gota’s resignation and Ranil’s appointment gazetted (Category: Breaking News)
- Old Wine in Older Bottles (Category: Breaking News)
- What next after 22-A? (Category: Breaking News)
The Central Bank of Sri Lanka (CBSL) has announced the official exchange rates for 28th November with the US dollar buying rate recorded at Rs. 360.29.The post Daily Exchange Rates from Central Bank of Sri Lanka appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- Sri Lankan Rupee appreciates against U.S. Dollar (Category: Breaking News)
- Sri Lankan Rupee appreciates against U.S. Dollar (Category: Breaking News)
- Sri Lankan Rupee appreciated against U.S. Dollar on April 26, 2024 (Category: Breaking News)
- Sri Lankan Rupee appreciated against U.S. Dollar on April 27, 2024 (Category: Breaking News)
[…]The post Who Has Printed The Biggest Quantity Of Money? Lakshman, Cabraal Or Nandalal? appeared first on Colombo Telegraph.
- A Child’s Guide To Currency Board Systems: The Performance Of Ceylon’s Currency Board (Category: Breaking News)
- A Child’s Guide To Currency Board Systems: Has The Monetary Board Failed The Nation? (Category: Breaking News)
- Four Popular Fallacies Relating To Central Banking (Category: Breaking News)
- Central Bank Independence: Issue To The Fore Again, But Will The Government Have Foresight To Do... (Category: Breaking News)
underscore need to amend Exchange Control Act By Shamindra Ferdinando MP Gevindu Cumaratunga, who represents the SLPP dissidents, yesterday (27) alleged that the incumbent government was yet to bring enough pressure to bear on those who had parked as much as USD 36 billion overseas to bring the money back.Cumaratunga said the government’s failure to […]
- ‘Presidential control over DDO undermines power of Parliament’ (Category: Breaking News)
- Over 70% salary hike for CBSL employees: Gevindu demands explanation from FM (Category: Breaking News)
- Gevindu presses PM over EPF matter, discrepancy in interest payments (Category: Breaking News)
- MP drops bombshell over EPF discrepancy, demands immediate remedy (Category: Breaking News)
External Affairs Minister S Jaishankar recently held talks with his Russian counterpart Sergey Lavrov in Moscow. Both leaders spoke on a wide range of issues pertaining to bilateral, regional and global matters. During the meeting, the Indian External Affairs Minister S. Jaishankar said, “Covid, trade difficulties have taken a toll on the global economy, and […]
- Will Modi’s soft power diplomacy be an antidote to Russia–Ukraine War? (Category: Breaking News)
- India ready to assist Sri Lanka secure IMF deal (Category: Breaking News)
- China refuses to condemn Russia’s Ukraine invasion during G20 deadlock (Category: Breaking News)
- France, US hail PM Modi’s advice to Putin over Ukraine (Category: Breaking News)
The dramatic fuel shortages that accompanied mass protests in Sri Lanka earlier this year may have eased, but for millions of Sri Lankans the economic crisis is worse than ever, said a report by the Amnesty International. It said: This month, the United Nations renewed a humanitarian appeal, stating that 28 percent of the population faces […]
- India s Adani Group to run three Sri Lankan airports? (Category: Breaking News)
- International rights groups slam Sri Lanka s flawed plans for a Truth Commission (Category: Breaking News)
- Ankara donates consignment of urgently needed medical supplies to Sri Lanka (Category: Breaking News)
- Rights group: Sri Lankan Tamil women exposed to sexual violence, trafficking after war (Category: Breaking News)
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