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India has told the International Monetary Fund that it strongly supports Sri Lanka's debt restructuring plan as the island nation seeks a $2.9 billion loan from the global lender, according to a letter seen by Reuters.The post India ‘strongly supports’ Sri Lanka debt restructuring plan, it tells IMF appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
[…]The post The Role Of The Attorney General In Sri Lanka appeared first on Colombo Telegraph.
The Chinese have maintained a close relationship with the Tamils since ancient times, which amounts to nearly 3,000 years. Trade and cultural exchanges between them flourished during the reign of the Pallava dynasty of south India. However, with time, the geographical landscape has changed and distinct geopolitical dimensions are in place. Today, China is trying […]
Earnings from Sri Lanka’s tea exports contracted 5 percent Year-on-Year (YoY) or by US$ 65.7 million to US$ 1.259 billion in 2022 due to reduced quantities shipped to importing markets.The post Tea export earnings down 5% in dollar terms, but hit record-high in rupee terms amid sharp depreciation appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
The government is considering a contributory pension scheme for the government employees, who have been recruited after 2016, Prime Minister Dinesh Gunawardena told Parliament yesterday (January 17).The post Contributory pension scheme for those joining state sector after 2016 – Prime Minister appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
Wednesday 18th January, 2023 The SLPP-UNP government has proved its rivals’ claim that it has failed. Its grandees never miss an opportunity to boast that their efforts to tackle the economic crisis have shown signs of reaching fruition soon. But Cabinet Spokesman and Minister Bandula Gunawardena has revealed the truth. Announcing some Cabinet decisions, at […]
Newly inducted General President of Sri Lanka Association of the Advancement of Science (SLAAS) Prof. Ranjith Senaratne has acknowledged that their contribution and engagement intended to resolve the current socio-political and economic crisis is far from adequate and it leaves much to be desired. SLAAS is one of the oldest scientific institutions in Sri Lanka […]
[…]The post Book Review: Jaffna College’s Rev. Sydney Bunker, In Service Of God & Man appeared first on Colombo Telegraph.
President Ranil Wickremesinghe today announced a breakthrough in talks with China and India to restructure Sri Lanka’s debt, saying the discussions have been successful. He told Parliament that the Government is working to get the economy on the right track. “Now we have to get India and China to consent to this debt restructuring. We […]
The Chinese Embassy in Sri Lanka today slammed the US Ambassador to Sri Lanka, Julie Chung, calling her a hypocrite for the comments she had made in a recent interview. The embassy was angered over her view that China was the “spoiler” in Sri Lanka’s efforts to reach a deal with the International Monetary Fund […]
India has formally notified that it would support Sri Lanka’s debt restructuring plan, Bloomberg News reported on Tuesday, citing a source with knowledge of the matter. Sri Lanka has said it is confident of reaching an IMF board approval for loan in the first quarter of 2023. Sri Lanka still needs similar assurances from China, […]
As a global leader in consumer electronics and Information and Communication Technologies (ICT), Samsung Electronics has ascertained its responsibility to establish an eco-conscious value chain through its innovative technologies and products, as well as to provide more valuable and enlightening experiences to each and every consumer. At CES 2023 in January, Samsung outlined its plan […]
As a global leader in consumer electronics and Information and Communication Technologies (ICT), Samsung Electronics has ascertained its responsibility to establish an eco-conscious value chain through its innovative technologies and products, as well as to provide more valuable and enlightening experiences to each and every consumer. At CES 2023 in January, Samsung outlined its plan […]
Sri Lanka’s official unemployment rate climbed, raising serious concerns for the policymakers, as the economic crisis is taking a severe toll on jobs, with many small and medium-sized businesses are either closing down or pushed to the brink amid elevated input costs, interest rates and decline in demand.The post Jobless rate rises to troubling levels as economic crisis stings employment appeared ...
[…]The post Accountability Issues & Human Rights Cannot Be Glossed Over appeared first on Colombo Telegraph.
The Gulf Cooperation Council (GCC) has sought to strengthen relations between the GCC and Sri Lanka. Dr Nayef Falah M. Al Hajraf, Secretary General of the Gulf Cooperation Council, underlined the significance of strengthening the bonds between the GCC and Sri Lanka, and the means to enhance and develop them, in a way that serves […]
by Jehan Perera The government’s proposal to set up a truth and reconciliation mechanism to deal with the unresolved human rights issues of the war will get a boost in the aftermath of last week’s unexpected developments that will directly affect three former presidents of Sri Lanka hitherto thought to be untouchable by virtue of […]
Govt-EC battle over LG polls: By Shamindra Ferdinando President of the Bar Association of Sri Lanka (BASL) Saliya Pieris, PC, says the Election Commission (EC) has retained him as its Counsel as Attorney General Sanjay Rajaratnam, PC, does not appear for the EC in a fundamental rights case filed against the conduct of the scheduled […]
By Rathindra Kuruwita Chinese International Department Vice Minister Chen Zhou yesterday told political party leaders that China is ready to work with any party and that the developing world can benefit greatly from collaboration with Beijing. Zhou made this statement, briefing political party representatives, and journalists, on the 20th National Congress of the Chinese Communist Party. He [̷...
Police on Sunday used water cannon against hundreds of people protesting in Jaffna against President Ranil Wickremesinghe’s visit on Thai Pongal day. The protest was organised by families of the youth who had disappeared. The protesters called on the government to release all Tamil political prisoners. Police erected barricades at the Nallur Arasati Road-Vaiman Road […]
Indian External Affairs Minister S. Jaishankar’s visit to Colombo on Thursday will focus on “supporting Sri Lanka” in its current economic crisis, government sources said, adding that talks are ongoing in the field of energy security, food security, currency swap arrangements as well as talks about restructuring Sri Lanka’s debt. The two-day visit is expected […]
By Rathindra Kuruwita There would be social and economic consequences of the decision to downsize the military as the rural economy in Sri Lanka had been in a state of crisis and stagnation long before the present economic crisis, Associate Professor of the London School of Economics and Political Science, Dr. Rajesh Venugopal told The Island. He […]
A majority of the World Economic Forum’s Community of Chief Economists expect a global recession in 2023, see geopolitical tensions continuing to shape the global economy, and anticipate further monetary tightening in the United States and Europe. These are the key findings of the Chief Economists Outlook, launched today at the World Economic Forum Annual […]
By N Sathiya Moorthy If anyone thought that the recent Canadian sanctions against former Presidents Mahinda Rajapaksa and brother Gotabaya Rajapaksa, along with two army officers charged with Tamil-killing outside the battle-field could pressure the government of President Ranil Wickremesinghe to fast-track a liberal solution to the ethnic problem, it is not to be. If […]
The Sri Lanka Freedom Party (SLFP) has reached a decision as to which Local Government institutions it will contest under the party s ÂHand symbol and those it will contest under the ÂHelicopter symbol of the Freedom People s Alliance, political sources told Ada Derana.
[…]The post A Verdict Of Popularity & Consequence appeared first on Colombo Telegraph.
The Sri Lankan Government should immediately end the arbitrary detention of Wasantha Mudalige, a student activist who was arrested on August 18, 2022, seven human rights organizations said today. Amnesty International, Asian Forum for Human Rights and Development (FORUM-ASIA), CIVICUS, Frontline Defenders, Human Rights Watch, International Working Group on Sri Lanka and Sri Lanka Campaign for [...
The Cabinet paper presented by President Ranil Wickremesinghe for the provision of 10 kg of rice per month for two million low income families, including Samurdhi beneficiaries for a period of two months, has been approved.The post Cabinet nod to provide rice to 2 million low-income families appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
The 43rd Brigade led by former Minister Patali Champika Ranawaka and the New Lanka Freedom Party led by Kumara Welgama have decided to contest the Local Government (LG) elections together in some areas. An agreement in this regard was signed between Patali Champika Ranawaka and Kumara Welgama today. Ranawaka told reporters that his party members […]
The Freedom Peoples Congress, a new alliance formed recently, said that it was not affected by the court ruling on alliance partner, former President Maithripala Sirisena. Former Minister, Professor G.L Peiris said that the court ruling will not affect the alliance which consists of a number of political parties, including the Sri Lanka Freedom Party […]