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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.
- Sri Lankan Rupee appreciates further against U.S. Dollar (Category: Breaking News)
- Sri Lankan Rupee further 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 Demystification Of The Black Box Involving Money Creation By C.A. Abeysinghe appeared first on Colombo Telegraph.
- The Contribution Of The Monetary Policy For Overcoming The Current Economic Crisis Faced In Sri ... (Category: Breaking News)
- A Child’s Guide To Currency Board Systems: The Performance Of Ceylon’s Currency Board (Category: Breaking News)
- Money Market’s Illiquid Status Deepens (Category: Breaking News)
- A Child’s Guide To Currency Board Systems: Has The Monetary Board Failed The Nation? (Category: Breaking News)
[…]The post Ranil’s Distortion Of Facts About The Sri Lankan Political Scenario In 1977 appeared first on Colombo Telegraph.
- In Memory Of Comrade Osman De Silva (Category: Breaking News)
- Ranil’s Repression Will Hit The JVP-NPP While It Indulges In Political Narcissism (Category: Breaking News)
- Reflecting On 34 Years: The JVP & The Legacy Of Comrade Rohana Wijeweera (Category: Breaking News)
- In Memory Of Comrade H. A. Seneviratne, Lawyer, Writer & Human Rights Activist (Category: Breaking News)
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 […]
- CEBEU claims more than 150 engineers have left during last two years (Category: Breaking News)
- Minister Kanchana slammed over mud-slinging campaign targeting CEB staff (Category: Breaking News)
- CEB hit by exodus of technical staff (Category: Breaking News)
- Wide ranging rackets benefiting CEB engineers (Category: Breaking News)
Standard Chartered Bank’s Global Research team conducted its 2024 H1 Global Research Briefing (GRB) in Sri Lanka recently, themed ‘A soft landing, with risks’. The event took place on 4 March at the Galle Face Hotel Colombo and was attended by corporate, commercial and institutional banking clients of the Bank. It provided a valuable platform […]
- Board approval for IMF bailout expected in 2023 Q2 - report (Category: Breaking News)
- Sri Lanka poised for bondholder deal by mid-May, Standard Chartered says (Category: Breaking News)
- Standard Rating (Category: Business)
- Derived Rating (Category: Business)
Friday 15th March, 2024 The JVP turned down President Ranil Wickremesinghe’s invitation to a meeting with the IMF, but some of its senior members met a visiting IMF delegation yesterday in Colombo perhaps as part of its strategy to gain political mileage. Whoever would have thought, a decade or so ago, that the JVP leaders […]
- IMF won’t assist if govt. puts off LG polls (Category: Breaking News)
- Reveal plans, uphold transparency (Category: Breaking News)
- CBSL chief expresses optimism (Category: Breaking News)
- Foreign envoys assure support for Sri Lanka to recover from economic crisis (Category: Breaking News)
By Sanath Nanayakkare Saliya Wickramasuriya-Member of Colombo Port City Economic Commission said in Colombo on Wednesday that the new Port City Commission to be appointed at the end of the tenure of the current one would only have a few boxes to tick, in getting its work completed as a fully-fledged functional body going forward. […]
- Regulations pertaining to Port City Economic Commission Act gazetted (Category: Breaking News)
- PM attends ground breaking ceremony for Port City 120,000sq.ft. Business Centre (Category: Breaking News)
- Cabinet okays special visas for Colombo Port City (Category: Breaking News)
- Asiri Health to build state-of-the-art hospital at Colombo Port City (Category: Breaking News)
The late Ray Forbes encompassed within himself administrative excellence and profound humanity. On account of these rare qualities he endeared himself to the staff and students of the Bandaranaike Centre for International Studies (BCIS), Colombo, for well over a decade. The above sentiments were expressed with regard to the former Director of the BCIS, Ray […]
- BMICH celebrates Int’l Women’s Day (Category: Breaking News)
- Resounding endorsement of pluralism (Category: Breaking News)
- Critical assessment of the state of democracy (Category: Breaking News)
- BCIS commences series of discussions on international relations (Category: Business)
[…]The post Ardijah Casino’s Ultimate Guide: Most Popular Payment Methods in Best Deposit Casinos in New Zealand appeared first on Colombo Telegraph.
- InnovateChange Online Casino Real Money: Best NZD Casinos in New Zealand 2024 (Category: Breaking News)
- The Rise of Online Slot Gaming in Canada (Category: Breaking News)
- Risk vs. Reward: A Closer Look at the Pros and Cons of Casino Bonuses (Category: Breaking News)
- 10 Tips for Comparing Online Casinos (Category: Breaking News)
[…]The post Nandalal Weerasinghe’s Wages Of Sin appeared first on Colombo Telegraph.
- Involuntary & Inequitable DDO (Category: Breaking News)
- RW’s Political Rating & Fitch’s Credit Rating (Category: Breaking News)
- Ranil’s Debt Driven Growth Strategy (Category: Breaking News)
- Towards A False Dawn (Category: Breaking News)
The National Bureau of Statistics of the Communist Party of China recently released a series of economic data however there is still no data on the youth unemployment rate which is said to be intentional due to the current situation. Currently unemployment among Chinese youth is widespread to maintain stability and avoid risks from domestic […]
- AFTER PEOPLE’S ANTI-COVID ANGER, LAYOFFS CHALLENGE XI JINPING (Category: Breaking News)
- Reflections on the global economic landscape (Category: Business)
- China urban tide to grow by 100 million in 10 years: Report (Category: Business)
- Will rising joblessness and mounting local govt debts stunt China’s 2035 ambition? (Category: Breaking News)
Peter Breuer, Chief of IMF Mission to Sri Lanka has claimed that the Sri Lankan economy is showing signs of progress. The monetary and fiscal measures like tax increases and particularly the debt moratorium may have resulted in giving some breathing space for the country to recover from the period of extreme hardship caused by […]
- Crashing economies and the South’s narrowing foreign policy options (Category: Breaking News)
- Need for new economic policy for poor countries (Category: Breaking News)
- Dr. Nicholas advises Lanka against swallowing IMF dope (Category: Breaking News)
- Pitfalls of export-led growth (Category: Breaking News)
Many developed and developing countries including Bangladesh, Sri Lanka, and nations of the Gulf region are keen to start trade in rupee with India as it would help cut transaction costs for businesses, India’s Commerce and Industry Minister Piyush Goyal has said. He expressed confidence that the development is going to be a “very game-changing” dimension […]
- India notes increase in investments in Sri Lanka (Category: Breaking News)
- Indian Rupee not a legal tender in Sri Lanka for domestic payments (Category: Breaking News)
- Indo-Lanka FTA to be upgraded to ETCA (Category: Breaking News)
- Ranil to participate in Indian summit virtually (Category: Breaking News)
Sixty-nine Sri Lankan fishing boats are in Indian custody, Minister of Fisheries Douglas Devananda has said during a recent televised interview.Hundreds of Indian boats arrive in Sri Lankan waters and use destructive bottom trawling techniques in the territorial waters of Sri Lanka, the Minister said. “They have destroyed all marine resources in the Indian territorial […]
- Navy Commander explains persistent problem of large number of Indian vessels poaching in SL waters (Category: Breaking News)
- Colombo releases 38 fishers in custody ahead of Indian polls (Category: Breaking News)
- Court orders seized Indian fishing boats to be destroyed (Category: Breaking News)
- Navy apprehends poaching fishers in spite of TN protests (Category: Breaking News)
[…]The post Ancient Values Influence Behaviour Centuries Later appeared first on Colombo Telegraph.
- Bloodbath In The Politburo (Category: Breaking News)
- Yoruba People & Culture (Category: Breaking News)
- Erosion & Climate Change: Sri Lanka Is Adrift In The Indian Ocean (Category: Breaking News)
- Priceless Stolen Property (Category: Breaking News)
[…]The post Playing The Fiddle While The Country Burns! appeared first on Colombo Telegraph.
- SL Debt Justice Collective Writes Open Letter To IMF On DDO (Category: Breaking News)
- Separation Of Powers, Rule Of Law, Corruption & SL Bankruptcy (Category: Breaking News)
- SL Stands For Sheep Loom: Obedience Above Intelligence (Category: Breaking News)
- SL Stands For Sheep Loom: Obedience Above Intelligence (Category: Breaking News)
[…]The post The Steps To Achieve Justice In Sri Lanka appeared first on Colombo Telegraph.
- Transitional Justice In Sri Lanka: Accomplishments & Challenges In The Post-Civil War (Category: Breaking News)
- Abuses Undercut Proposed ‘Truth Commission’ – Human Rights Watch (Category: Breaking News)
- Too polarized to reconcile? The struggle for transitional justice in Sri Lanka (Category: Breaking News)
- Too polarized to reconcile? The struggle for transitional justice in Sri Lanka (Category: Breaking News)
During the meeting between President Ranil Wickremesinghe and the IMF team at the Finance Ministry yesterday (07), Peter Breuer, the Senior Mission Chief for Sri Lanka, delivered encouraging remarks. Breuer emphasized that the IMF program is exhibiting promising signs of efficacy, translating into tangible outcomes. He commended the authorities for their unwavering commitment to the program’s impl...
- IMF program is exhibiting promising signs of efficacy – IMF Mission Chief for Sri Lanka (Category: Breaking News)
- IMF programme in SL showing signs of working – Breuer (Category: Breaking News)
- IMF hopes for Sri Lanka political crisis resolution to resume deal talks (Category: Breaking News)
- President reiterates govt s commitment to sustaining momentum and advancing economic agenda (Category: Breaking News)
By Neville Ladduwahetty During President Ranil Wickremesinghe’s India visit in July 2023, five Memorandums of Understanding (MOU) were signed by India and Sri Lanka to establish physical connections between the two countries. This was followed more recently by the launch of the Unified Payments Interface (UPI) – a mechanism that claims to reduce the cost […]
- India assures continued support for SL at Creditors’ Committee along with Japan and Paris Club (Category: Breaking News)
- India to push rupee investments in Sri Lanka (Category: Breaking News)
- PM Modi’s comments: ‘Ensure dignity and respect for Tamils’ (Category: Breaking News)
- Sri Lanka notifies Indian rupee as designated currency (Category: Breaking News)
Sri Lanka's President, Ranil Wickremesinghe, asserted that the nation’s economy is experiencing robust growth due to the government’s initiatives.The post Sri Lanka’s President says Government initiatives drive robust economic growth appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka President Ranil delivers Government’s policy statement in Parliament (Category: Breaking News)
- Sri Lanka expects 1.8% Economic growth in 2024 (Category: Breaking News)
- Government’s objective is to develop Sri Lanka as a thriving nation by 2048 (Category: Breaking News)
- Sri Lanka to restart IMF bailout talks, president calls for unity Government (Category: Breaking News)
The Cabinet of Ministers approved the proposal made by the Minister of Irrigation to provide 0.99 hectares each on the water surface of the Chandrika wewa Reservoir located in the Embilipitiya Divisional Secretariat Area and the water surface of the Kiriibban wewa Reservoir located in Sewanagala Divisional Secretariat Area and plots of 0.1 hectares each […]
- Sri Lankaâs largest Hydro-Power Reservoir starts to Spill (Category: Breaking News)
- Body found in a reservoir in Maskeliya (Category: Breaking News)
- Life in Chinese village that does not exist (Category: Technology)
- Reservoir firefighters battle wind to extinguish blaze at apartment complex (Category: USA, Mississippi)
Sri Lankan President Ranil Wickremesinghe revealed that over the past 14 months, the Parliament has enacted 42 new laws to facilitate the country’s economic transformation.The post Sri Lanka President says 42 new laws enacted for economic transformation, 62 laws due for enactment appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Parliament has passed 42 new laws in the Last 14 months – President (Category: Breaking News)
- Sri Lanka risks returning to bankruptcy within a decade unless steps taken promptly – President (Category: Breaking News)
- Proposed laws set to introduce structural changes, will be presented to Parliament in May – Pres... (Category: Breaking News)
- Sri Lanka President calls for legal modernization to propel Sri Lanka’s economic growth (Category: Breaking News)
Hopes had been high over the past week following talks in Paris that there could be a new Gaza ceasefire deal in place for the start of the Islamic holy month of Ramadan next week. However, while Hamas has now sent a delegation to Cairo for further negotiations with Egyptian and Qatari mediators, Israel has […]
- Israeli hostages holding white cloth shot dead by Israeli soldiers (Category: Breaking News)
- Israeli forces pushing into south Gaza (Category: Breaking News)
- Hostages shot by IDF put out ‘SOS’ sign written with leftover food (Category: Breaking News)
- WHO says Gaza’s al-Shifa hospital a death zone, as hundreds leave (Category: Breaking News)
There is always a method to Chinese madness and this applies to its “Xiaokang Villages” also. Construction of these villages began across the Line of Actual Control (LAC) just over a decade ago, China has today began populating them. The delay in getting residents for these villages is probably because of the reluctance of Tibetans […]
- China’s approach to develop border areas centred on coercion and encroachment (Category: Breaking News)
- Pentagon report claims China considered Sri Lanka for military logistic support (Category: Breaking News)
- India-China border skirmish signals volatile ‘new normal’ (Category: Breaking News)
- Coup a further complication for tricky Myanmar-China ties (Category: USA, South Dakota)
Pakistan must navigate challenges in the finance sector by diversifying its economic alliances, reducing dependence on singular partners, and negotiating funding arrangements that align with its long-term developmental objectives. The road ahead demands astute diplomatic manoeuvring, a commitment to economic resilience, and a proactive approach to curb corruption and inefficiencies of the Pakistan...
- As economic situation looks gloomy in Pakistan, IMF advises strict measures (Category: Breaking News)
- Amid surge in inflation, Pakistanis face difficulties in performing Haj (Category: Breaking News)
- IMF asks Pakistan to take steps to be able to function as a country (Category: Breaking News)
- SPECIAL: Minority Rights and Electoral Dynamics in Pakistan (Category: Breaking News)
By Shamindra Ferdinando Gevindu Cumaratunga, MP, has sought Prime Minister Dinesh Gunawardena’s intervention to ensure State Finance Minister Shehan Semasinghe on behalf of President Ranil Wickremesinghe, who holds the Finance portfolio, provided a satisfactory answer to several queries he raised regarding the status of the Employees Provident Fund (EPF) as at 31 Dec., 2022. In […]
- Discrepancy in interest paid to EPF members: SC moved by lawmaker (Category: Breaking News)
- MP drops bombshell over EPF discrepancy, demands immediate remedy (Category: Breaking News)
- JVP Leader nails govt. on ETF, EPF balances (Category: Breaking News)
- Over 70% salary hike for CBSL employees: Gevindu demands explanation from FM (Category: Breaking News)
by Dhara Wijayatilake Director and Secretary General of the International ADR Center Sri Lanka ratified the UN Convention on International Settlement Agreements Resulting from Mediation, popularly known as the Singapore Convention on Mediation, held recently. As at today, the Convention has 56 signatories and has been ratified by 14 nations. The Convention was developed by […]
- Sri Lanka ratifies UN Convention on Int l Settlement Agreements Resulting from Mediation (Category: Breaking News)
- Post-War Reconciliation Process: Human Rights violation (Category: Breaking News)
- Will India Take Sri Lanka To The World Court? (Category: Breaking News)
- Mediation Boards and youth: the role, need, and implementation of conflict resolution in Sri Lan... (Category: Breaking News)
Sri Lanka is seeking a five-month hold on a lawsuit filed by a bondholder over the country’s historic debt default, telling a New York federal judge that it wants more time to negotiate with private creditors.The post Sri Lanka seeks five-month hold on bondholder suit appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka seeks five-month hold on bondholder suit (Category: Breaking News)
- Sri Lanka sued by bondholder in US following historic default (Category: Breaking News)
- Five-month hold sought by Sri Lanka on lawsuit filed by bondholder (Category: Breaking News)
- Sri Lanka Bondholder Lawsuit Should Be Put on Hold, U.S. Says (Category: Breaking News)
Sri Lanka is seeking a five-month hold on a lawsuit filed by a bondholder over the country’s historic debt default, telling a New York federal judge that it wants more time to negotiate with private creditors. The island nation was sued in July 2022 by Hamilton Reserve Bank Ltd., which sought full payment on more […]
- US bondholder files legal action against Sri Lanka (Category: Breaking News)
- Sri Lanka urged to drop probe on two journalists (Category: Breaking News)
- McDonald’s stores shut in Sri Lanka over poor hygiene case (Category: Breaking News)
- Major drug haul bound for Sri Lanka seized in Tamil Nadu (Category: Breaking News)
Sri Lanka is set to introduce the National Cyber Security Act this year, which will be followed by the establishment of the Cyber Security Authority.The post Sri Lanka to introduce National Cyber Security Act, establish Cyber Security Authority appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka to launch a national Computer Emergency Response Team (Category: Breaking News)
- Sri Lanka to Host Digital Economy Summit in July – State Minister for Technology (Category: Breaking News)
- Beware of fake internet banking sites (Category: Breaking News)
- Beware of a phone scam (Category: Breaking News)
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