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Sri Lanka’s High Commissioner to India, Milinda Moragoda met with the External Affairs Minister of India Dr. S. Jaishankar today (31) at the Ministry of External Affairs in New Delhi to review the current status of the relations between Sri Lanka and India. The External Affairs Minister of India and the High Commissioner of Sri […]
China’s efforts to gain the space it lost in Sri Lanka to India have hit yet another stumbling block after it vehemently opposed the invitation to Tibetan Buddhist spiritual guru Dalai Lama. Sri Lanka is a Buddhist-majority country and China’s record of treatment of religious minorities especially Tibetan Buddhists has not been good. China’s image […]
Sri Lanka’s envoy to the United Nations in Geneva, Himalee Arunatilaka will lead a delegation in Geneva when Sri Lanka’s National Report comes up for consideration at the Universal Periodic Review (UPR). The Foreign Ministry said that Sri Lanka’s National Report under the 4th Cycle of the Universal Periodic Review (UPR) comes up for consideration […]
The International Monetary Fund (IMF) has approved loans of $4.7 billion to Bangladesh for disbursal starting immediately, making it the first to secure such funds out of three South Asian countries that applied last year amid economic trouble.The post Bangladesh secures $4.7 billion from IMF as other South Asian countries see delays appeared first on Sri Lanka News - Latest Breaking News in Sri L...
Sri Lanka's Central Bank Governor Dr. Nandalal Weerasinghe said regardless of the future elections, he wants to see a continuation of the economic reform path the country has embarked on, as it is the only way to come out of the current crisis.The post Sri Lanka’s Central Bank insists on staying on reform path regardless of election outcome appeared first on Sri Lanka News - Latest Breaking ...
President Ranil Wickremesinghe, who assumed duties, claiming that he had very influential friends overseas, now claims he can hardly afford to pay government servants, National People’s Power (NPP) MP Vijitha Herath says.The post JVP: Where are President’s influential foreign friends? appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
Holders of Sri Lanka’s foreign bonds want more clarity on the nation’s local-currency debt before they sit down for formal restructuring talks, according to people familiar with the situation.The post Sri Lanka creditors seek clarity on local bonds for debt talks – report appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
A major crisis involving thousands of unfinished apartments across China awaits the government even as it tackles the severe Covid outbreak and tries to ward off an economic disaster owing to the strict lockdowns only recently lifted under people’s pressure. The property loan market in the country is experiencing rising bad debts. They stand at 29 per […]
[…]The post The Absurdity Of ‘Independence’ & The Myth Of ‘Public Mandate’ appeared first on Colombo Telegraph.
[…]The post Enlightened Leadership To Overcome Challenges appeared first on Colombo Telegraph.
Holders of Sri Lanka s foreign bonds want more clarity on the nation s local-currency debt before they sit down for formal restructuring talks, according to people familiar with the situation.
In my view, 2023 will be remembered for India’s emergence as the third pole of the world. A year ago, I predicted a stronger Xi Jinping and a weaker Joe Biden in my forecast for 2022. I was almost correct, but the reality turned out a little differently than I expected. Xi secured a third […]
Turkey’s Foreign Minister Mevlut Cavusoglu has revealed that China has refused to allow the Turkish ambassador to visit the Uyghur region in the north-western Xinjiang province, admitting it has strained ties between the two nations, reported MEMO (Middle East Monitor). Cavusoglu, holding a year-end press briefing in Turkey’s capital Ankara, said the Chinese government “said [...
The negotiations for an ambitious Free Trade Agreement between Britain and India are “well advanced”, United Kingdom’s Foreign Office Minister for South Asia, Lord Tariq Ahmed said in a parliamentary debate in London’s House of Lords. Ahmed added that the next round of FTA talks between New Delhi and London will commence very soon, with […]
By Easwaran Rutnam Former United Nations Secretary-General Ban Ki-moon will arrive in Sri Lanka next week to witness the signing of an agreement between the Global Green Growth Initiative (GGGI) and the Ministry of Environment, President’s Senior Adviser on Climate Change Ruwan Wijewardene told Daily Mirror. Wijewardene said that Ban Ki-moon is scheduled to arrive […]
Sri Lankan Minister of Foreign Affairs Ali Sabry has held talks with ministers and senior officials in Saudi Arabia, as the crisis-hit island nation seeks to boost cooperation with the Kingdom and other Gulf countries.The post Sri Lanka seeks to boost ties with Saudi Arabia and Gulf nations appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
A delegation from the embassy of the Republic of Côte d’Ivoire will be visiting Sri Lanka from 31 January to 7 February. His Excellency Eric Camille N’dry, the Ambassador designated of Cote d’Ivoire to Sri Lanka, will be presenting his credentials to the President of Sri Lanka, His Excellency Ranil Wickremesinghe, while the delegation will […]
Sri Lankan Minister of Foreign Affairs Ali Sabry has held talks with ministers and senior officials in Saudi Arabia, as the crisis-hit island nation seeks to boost cooperation with the Kingdom and other Gulf countries.
Sri Lanka Police says investigations have revealed that the death threats to the members of the Election Commission via phone calls have been carried out from a foreign country.
Sri Lanka's economy could contract by -3.5 or -4.0% in 2023 after shrinking -11% last year, President Ranil Wickremesinghe said on Saturday.The post Sri Lanka economy could shrink by -3.5% to -4%, president says appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
ECONOMYNEXT –The United Kingdom is “ready to consider” financing assurances to Sri Lanka to secure a 2.9 billion US dollar extended fund facility (EFF) with the International Monetary Fund (IMF), a UK official said. Minister of State (Foreign, Commonwealth and Development Office) Anne-Marie Trevelyan told the British parliament on Tuesday January 24 that the UK […]
[…]The post Is The World, Hopelessly Divided Over Ukraine, Coming Together For Sri Lanka? appeared first on Colombo Telegraph.
US Under Secretary of State for Political Affairs Victoria Nuland is to offer support to Sri Lanka during a scheduled visit to the country. She will travel to Nepal, India, Sri Lanka, and Qatar from January 28 to February 3, 2023. In Nepal, Under Secretary Nuland will engage with the new government on the broad […]
By Easwaran Rutnam China’s offer to Sri Lanka of a two-year moratorium on its debt is not sufficient to clear the path for the International Monetary Fund (IMF) to approve a funding program, diplomatic sources told Daily Mirror. Sources said that the IMF requires more assurances from China in order to secure IMF board approval […]
[…]The post Continuing With Tight Monetary Policy: Is The Central Bank Making A Mistake? appeared first on Colombo Telegraph.
[…]The post Big Fishes In Little Ponds: The Government’s & Civil Society’s Rightward Tilt appeared first on Colombo Telegraph.
Under Secretary of State for Political Affairs Victoria Nuland is scheduled to travel to Nepal, India, Sri Lanka, and Qatar from January 28 to February 03, 2023.The post U.S. Under Secretary for Political Affairs Victoria Nuland to visit Sri Lanka appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
by Moshahida Sultana Ritu Earlier this month, the five percent electricity price hike and 78.2 percent gas price hike by the Energy and Mineral Resource Division raised concerns about the accountability of the government, and consumer rights. The December 2022 amendment of the Bangladesh Energy Regulatory Commission (Berc) Act 2003 empowered the government to set […]
Pakistan is seeking $1.1bn from the fund, part of its $6bn bailout package, to avoid default.The Pakistani rupee has dived to a historic low against the United States dollar after an exchange cap was lifted as the cash-strapped country seeks to unlock a vital bailout from the IMF. The Washington-based lender has yet to approve […]
Foreign Affairs Minister Ali Sabry has had an extensive bilateral discussion with the Minister of Foreign Affairs of the Kingdom of Saudi Arabia, Prince Faisal bin Farhan Al Saud on a wide range of issues.