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Sri Lanka has said it will allow foreign offshore research ships for replenishments at its ports despite a one-year ban on such vessels, a senior official has said after China protested to Colombo for allowing a German survey ship but turning down Beijing’s similar request. This is the first time Sri Lanka has officially admitted […]
Pakistan and the International Monetary Fund (IMF) have reached a staff-level agreement for the release of $1.1bn from a $3bn bailout package the indebted country needed to avert a sovereign default. “The IMF team has reached a staff-level agreement with the Pakistani authorities on the second and final review of Pakistan’s stabilisation programme,” the IMF […]
In the tangle of global commerce, where life-saving medications are not just commodities but lifelines, the Indian pharmaceutical industry stands tall as the “pharmacy of the world.” However, lurking beneath the surface of this colossal enterprise lays a shadowy network of intrigue and conspiracy, threatening not just the stability of the Indian pharmaceutical sector but […]
[…]The post Why The Sri Lankan Rupee Is Appreciating appeared first on Colombo Telegraph.
The Chairman of Airport and Aviation Services (Sri Lanka) Ltd. (AASL) Athula Galketiya remarked that the arrival of foreign tourists has risen owing to President Ranil Wickremesinghe s economic initiatives and the peaceful environment fostered within the country.
The Vietnamese Communist Party has accepted the resignation of President Vo Van Thuong, the government said on Wednesday, in a sign of political turmoil that could hurt foreign investors confidence in the country.
The Ministry of Foreign Affairs says it is closely following the prevailing situation in Haiti where the citizens are reeling from the spiral of violence that erupted after armed gangs took control of the capital city Port-au-Prince and other areas.
By Shamindra Ferdinando By the time President Gotabaya Rajapaksa had arrived in Singapore in the second week of July 2022, a few days after fleeing Sri Lanka, he firmly believed that then Prime Minister Ranil Wickremesinghe was the only person capable of restoring the rule of law in the country. In the chapter titled ‘The […]
The Cabinet of Ministers approved the proposal presented by the Minister of Power and Energy to establish the Sapugaskanda Oil Refinery as a separate state enterprise, so that it could be upgraded through local and foreign private sector investment. The Sapugaskanda Oil Refinery was established in the year 1969 and is the only fuel refinery […]
The Cabinet of Ministers approved the proposal presented by the Minister of Power and Energy to establish the Sapugaskanda Oil Refinery as a separate state enterprise, so that it could be upgraded through local and foreign private sector investment. The Sapugaskanda Oil Refinery was established in the year 1969 and is the only fuel refinery […]
The Sri Lankan Rupee (LKR) has appreciated against the US dollar (USD) today (March 19), according to the Central Bank of Sri Lanka (CBSL).The post Sri Lankan Rupee appreciated against U.S. Dollar on March 19, 2024 appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
The buying rate of the US Dollar has dropped below the Rs. 300 mark for the first time since July 05, 2023.
The Civil Aviation Authority of Sri Lanka (CAASL) is scheduled to host the Eighth International Cooperation Forum (ICF) of the European Air Safety Agency (EASA), starting from today (19) to Thursday (21) at the Hilton, Colombo. It is the first time an EASA conference is being held in Sri Lanka, said EU Coordinator Romaney Laurancehewa. The three-day event will see the […]
Sri Lanka and Japan today signed the Exchange of Notes pertaining to the grant assistance amounting to Japanese Yen 1,600 million (approximately LKR 3.3 billion) to be provided under the Japanese Economic and Social Development Programme.
First Meeting of Joint Working Group Sets Stage for Collaborative Ventures In a significant stride towards bolstering renewable energy initiatives, the inaugural session of the Joint Working Group (JWG) on Renewable Energy between India and Sri Lanka convened on March 11, 2024, in Colombo. This milestone gathering, borne out of the Memorandum of Understanding inked […]
Five foreign students of Gujarat University including a Sri Lankan were injured, when a group of 20-25 people barged into their hostel and assaulted them for offering prayers during Ramadan in the hostel building on Saturday (17) night, Indian media reported.
Efforts are being made in the south of Madagascar to end a traditional but illegal practice in which girls are promised as a wife to older men, sometimes even before they are born. The arranged marriage typically involves the exchange of a highly prized and culturally important Zebu cow for teenage girls as young as […]
A Deputy Controller and a former Deputy Controller of the Immigration and Emigration Department were arrested by the Criminal Investigation Department (CID) for allegedly issuing fake passports and aiding underworld criminals Nuresh Supun Dayaratne, alias 'Heenatiyana Mahesh,' and Shan Arosh Liyanage, alias 'Mathugama Shan,' in fleeing the country.The post CID arrests Immigration Officials for iss...
[…]The post Elections & The Economy appeared first on Colombo Telegraph.
[…]The post Demystification Of The Black Box Involving Money Creation By C.A. Abeysinghe appeared first on Colombo Telegraph.
[…]The post Ranil’s Distortion Of Facts About The Sri Lankan Political Scenario In 1977 appeared first on Colombo Telegraph.
A Sri Lankan was among foreign students assaulted at the Gujarat University hostel in Ahmedabad for offering namaz in the facility’s building. The Press Trust if India reported that students hailing from different foreign countries were assaulted allegedly by a group of persons in the Gujarat University hostel in Ahmedabad. Two students – one from […]
Another 21 Indian fishermen were arrested in Sri Lankan waters, taking the number of Indians arrested for poaching in Sri Lanka to 146 in 2024. The Sri Lanka Navy said it conducted a special operation to chase away Indian poaching trawlers from Sri Lankan waters in the late hours of Saturday. The operation led to […]
By Meera Sirinivasan Sri Lanka has received a stock of bomb squad equipment through a grant from the Chinese military, the Sri Lankan army has said. The Chinese Ambassador in Colombo Qi Zhenhong handed over the Explosive Ordnance Disposal (EOD) equipment to the Secretary to Sri Lanka’s Ministry of Defence General Kamal Gunaratne (Rtd) in a ceremony held […]
ECONOMYNEXT –State-run Ceylon Electricity Board is losing qualified engineers at an alarming rate, after a currency collapse and new progressive taxes slapped on the debased salary, and they are not coming back, union officials said. Ceylon Electricity Board has a cadre of around 1,000 engineers but they have been usually managing with lower levels of […]
As many as 158 illegal immigrants including Sri Lankans were detained in Malaysia for residing there without valid visas or permits and overstaying their allowed duration, foreign media reported.
US prosecutors have widened their probe of India’s Adani Group to focus on whether the company may have engaged in bribery as well as the conduct of the company’s billionaire founder, according to people with direct knowledge of the matter. Investigators are digging into whether an Adani entity, or people linked to the company including Mr […]
CreatorX, organized by Digital Turtles and supported by the United States Embassy in Sri Lanka, brought together creators from diverse backgrounds, ethnicities, and regions for a day of workshops, discussions, and networking. With an emphasis on fostering collaboration and cross-cultural understanding, CreatorX offered a dynamic platform for creators from all walks of life to connect, […]
The first ship towing a barge of humanitarian aid to Gaza has unloaded supplies onto the shore. The Spanish ship Open Arms left Cyprus on Tuesday with 200 tonnes of food desperately needed for Gaza, which the UN says is on the brink of famine. Videos posted online show a crane moving crates from the […]
[…]The post A Leap Of Faith Awaits appeared first on Colombo Telegraph.