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Colombo has demonstrated its own brand of strategic autonomy on issues from Russia’s war in Ukraine to China’s global footprint By Michael Kugelman Most South Asian governments tend to have nonaligned foreign policies, balancing their relations with major powers. This maximizes their diplomatic flexibility and ability to operate independently on the world stage, also known as […]
- Preparations for SLN’s Red Sea operations will cost USD 40 mn: expert (Category: Breaking News)
- Indian Ocean should not be ‘playground’ of world military powers: SL (Category: Breaking News)
- Navy Commander explains persistent problem of large number of Indian vessels poaching in SL waters (Category: Breaking News)
- Rise against state repression: A call to the people (Category: Breaking News)
Officials of India s Directorate Revenue Intelligence (DRI) have seized 4.9 kilograms of foreign-origin gold, mid sea near the Vedhalai coast, Mandapam in Ramanathapuram district.
Mr. Rajith Keerthi Tennakoon, President Director General of Community Affairs, stated that between President Ranil Wickremesinghe’s assumption of office and February 2024, the Government of Sri Lanka has settled a total of US$ 1909.7 million in foreign debt and interest payments.The post Sri Lanka settles $1.9 Billion in Foreign Debt and Interest Payments: Official Statement appeared first on ONLA...
- Sri Lanka Government allocates nearly Rs. 200 Billion for Economic Relief amidst Crisis (Category: Breaking News)
- Government settles US$ 1,909.7 million foreign debt and interest – Rajith Keerthi Thennakoon (Category: Breaking News)
- Foreign Debt Restructuring: Too Late & Too Short To Get Out Of The Debt Trap (Category: Breaking News)
- Sri Lanka must avoid China’s debt restructuring as Beijing is to seek preferential treatment (Category: Breaking News)
The 4th round of bilateral consultations between Sri Lanka and Switzerland took place on 05 April 2024 in Colombo, co-chaired by Ambassador Head of Asia Pacific at Swiss Federal Department of Foreign Affairs (FDFA) Heinrich Schellenberg and Additional Secretary'Bilateral (West) of Foreign Affairs Ministry of Sri Lanka Yasoja Gunasekera.
- Bond Auction (Category: Business)
- ‘SL will implement home-grown solution’ (Category: Breaking News)
- Market Flavour (Category: Business)
- Seeking Direction (Category: Business)
According to sources familiar with the matter, Bloomberg reports that global investors and officials from Sri Lanka are expected to convene for a second round of discussions with the aim of restructuring $12 billion in defaulted global bonds later this month.The post Global investors and Sri Lanka officials set for second round of Bond Restructuring talks appeared first on ONLANKA - Sri Lanka Late...
- Sri Lanka, bondholders plan fresh round of debt talks this month - reports (Category: Breaking News)
- Sri Lanka to start restructuring talks with investors next week, Bloomberg News reports (Category: Breaking News)
- Sri Lanka to start talks to restructure bonds next week (Category: Breaking News)
- Sri Lanka postpones debt restructuring talks, hopes for IMF deal in December (Category: Breaking News)
By N Sathiya Moorthy It is inevitable that in the heat of an electoral battle, neighbours get mentioned, if not hurt. It is election time in India, to be followed by one or two in Sri Lanka – for the presidency and Parliament, though which would come first is known only to Mr God and President […]
- Jaya won’t give up Katchchatheevu (Category: Breaking News)
- Will not stop till Katchchatheevu is retrieved', Jayalalithaa (Category: Breaking News)
- Will a fishers’ defence force create more problems than solving any? (Category: Breaking News)
- Will not ‘stop’ till Katchchatheevu is retrieved: Jayalalithaa (Category: Breaking News)
Mr. Rajith Keerthy Tennakoon, President Director General of Community Affairs says that after between President Ranil Wickremesinghe s assumption of office and February 2024, the Sri Lankan government has settled a total of USD 1909.7 million in foreign debt and interest payments.
[…]The post Monk’s Imprisonment: Aragalaya Victory No. 2 appeared first on Colombo Telegraph.
- Politics Behind Economic Recovery (Category: Breaking News)
- Muslims & 13A (Category: Breaking News)
- Aragalaya, Political Buddhism & Ranilocracy (Category: Breaking News)
- RW, IMF & The Economy (Category: Breaking News)
Rajith Keerthy Tennakoon Director General of Community Affairs at the President’s Office delivering a special media statement today (05) stated that between the assumption of office by President Ranil Wickremesinghe and February 2024, the Government of Sri Lanka has settled a total of US$ 1909.7 million in foreign debt and interest payments. He also highlighted […]
- Sri Lanka settles $1.9 Billion in Foreign Debt and Interest Payments: Official Statement (Category: Breaking News)
- Boom in bank borrowings to bridge Budget deficit (Category: Business)
- Sri Lanka must avoid China’s debt restructuring as Beijing is to seek preferential treatment (Category: Breaking News)
- Govt. should not deviate from agenda of national needs in discussions to find solutions to crise... (Category: Breaking News)
Sri Lanka does not see any need to re-open talks on a contentious island ceded to it by New Delhi 50 years ago, the foreign minister has said, after the low-key territorial squabble turned into a hot-button election issue in India.The post Sri Lanka sees no need for talks with India on island it ceded decades ago appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Jaishankar conveys India’s commitment to increase investment flows to Sri Lanka to hasten econom... (Category: Breaking News)
- Sri Lanka to focus on energy, port projects with India during presidential visit (Category: Breaking News)
- Sri Lanka seeks to boost ties with Saudi Arabia and Gulf nations (Category: Breaking News)
- Infrastructure, energy and debt on agenda as Sri Lanka president arrives in India (Category: Breaking News)
The number of scams in Singapore hit a record high in 2023, Home Minister K Shanmugam said, adding that the country saw a rise of 18 percent in duping cases against migrants, many of whom are from India and Sri Lanka.The post 500 maids in Singapore duped in 2023 are from India, Sri Lanka appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Of Elections, Bond Scams & Money Politics: The Anatomy Of Default @75 (Category: Breaking News)
- Greenwashing Bond Scams & Financializing Mother Nature: Climate Science Fiction Versus Local Rea... (Category: Breaking News)
- Massive Corruption Scams Rock The Land Of The Mahatma (Category: Breaking News)
- Foreign account holders alerted on scams (Category: Breaking News)
[…]The post Brahmins Demand A Debate On Debt appeared first on Colombo Telegraph.
- Cockiness; What Price? (Category: Breaking News)
- Ballad Of A Sad Trumpet (Category: Breaking News)
- A Painted Ship In A Painted Ocean (Category: Breaking News)
- Bleeding Hearts & Brave Hearts (Category: Breaking News)
[…]The post Katchatheevu Crisis – Seal The Deal Mr. Modi appeared first on Colombo Telegraph.
- India to ask Sri Lanka to allow fishing near Katchatheevu (Category: Breaking News)
- Rise Of Ultranationalism & Elections, Tamil Nationalism & Resurrection Of LTTE Ideology In Sri L... (Category: Breaking News)
- Champika Ranawaka’s Transformative Message: Lessons For National Unity & Global Politics (Category: Breaking News)
- Sri Lanka says ‘no ground’ for Indian request to return Katchatheevu (Category: Breaking News)
Sri Lankan actress turned activist Damitha Abeyratne and her husband were arrested by the Criminal Investigations Department (CID) while leaving court, Thursday. The couple had appeared before the Colombo Fort Magistrate’s Court over an alleged foreign employment scam. CID officers who were outside the court premises arrested Abeyratne and her husband. Abeyratne spoke to reporters before […]
- Damitha Abeyratne remanded (Category: Breaking News)
- Actress Damitha Abeyratne granted bail (Category: Breaking News)
- Damitha Abeyratne hints at entering politics (Category: Breaking News)
- Actress Damitha Abeyratne arrested (Category: Breaking News)
Friday 5th April, 2024 There has been a steep rise in crop depredation by wild animals in Sri Lanka, and farmers are crying out for a solution. A group of cultivators took to the streets in Menikhinna, Kandy, on Wednesday, calling upon the government to help keep crop raiders at bay. They said the ever-increasing […]
- Eggs and monkeys (Category: Breaking News)
- Sri Lanka incurs annual loss of around Rs. 20 bn due to crop damage by animals - survey (Category: Breaking News)
- Conservationists slam proposal to export monkeys to China (Category: Breaking News)
- Deteriorating rural economy, and food security (Category: Breaking News)
By Saman Indrajith Around 75,000 Sri Lankans have left for overseas jobs during the first three months of 2024, the Sri Lanka Bureau of Foreign Employment (SLBFE) says.SLBFE said yesterday (04) that 74,499 Sri Lankan workers had left for foreign employment, and 46 percent of them were women. There has been a slight drop in […]
- USD 474.6 million received from expat SL workers in December (Category: Breaking News)
- Remittances from expat workers rise (Category: Breaking News)
- More than 200,000 Lankans have left for overseas employment so far this year (Category: Breaking News)
- Expat SL workers send more money (Category: Breaking News)
[…]The post Will AKD Make The Cut? appeared first on Colombo Telegraph.
- Conspiracy There Was, In Enthroning Gota; Not In Dethroning Him! (Category: Breaking News)
- Abolishing The Presidency – Two Cunning Foxes Plan The Unexpected! (Category: Breaking News)
- Politics Behind Economic Recovery (Category: Breaking News)
- The Case For (And Against) Anura Kumara Dissanayake (Category: Breaking News)
Sri Lankan President Ranil Wickremesinghe has declared the formation of an Agricultural Modernization Organization Council, which will be chaired by both the President and Prime Minister.The post Sri Lanka President calls for council to boost efficiency in agricultural modernization appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- An Agricultural Modernization Organization Council will be formed – President (Category: Breaking News)
- President unveils ambitious plans for agricultural modernization (Category: Breaking News)
- Agriculture Modernization Secretariat to be established (Category: Breaking News)
- Sri Lankan President calls for grass-root level national program to modernize agriculture (Category: Breaking News)
Approximately 75,000 Sri Lankan workers have emigrated to foreign countries within the first three months of 2024, according to the Sri Lanka Bureau of Foreign Employment (SLBFE).
- Government land policy is fair- Keheliya (Category: Breaking News)
- Bond Auction (Category: Business)
- ‘SL will implement home-grown solution’ (Category: Breaking News)
- Market Flavour (Category: Business)
Sri Lanka’s Defence Ministry has declared a month-long General Amnesty from April 20 to May 20, 2024, for Tri-Forces absentees, enabling them to receive an official discharge from their respective services.The post Sri Lanka’s Defense Ministry announces General Amnesty for Tri-Forces absentees appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- General amnesty for Tri Forces absentees (Category: Breaking News)
- General amnesty declared for tri-forces absentees (Category: Breaking News)
- General amnesty declared for Tri-Forces absentees who are overseas (Category: Breaking News)
- General amnesty declared for Sri Lanka Army absentees (Category: Breaking News)
By Shamindra Ferdinando Chairman of the Human Rights Commission, Justice L.T.B. Dehideniya yesterday (03) said that Speaker Mahinda Yapa Abeywardena’s recent disclosure of external intervention in Aragalaya could be inquired into only if he received a complaint about it. The retired Supreme Court Justice said so when The Island asked him whether the Commission would […]
- HRC finds five sections of new Act inconsistent with SC determination (Category: Breaking News)
- External interventions in GR’s ouster: Manohara challenges HRC’s stand (Category: Breaking News)
- Speaker’s claim of foreign hand: KJ won’t comment (Category: Breaking News)
- Online Safety Act: Opp. to move no-faith motion against Speaker for ignoring SC recommendations (Category: Breaking News)
Migrant maids from Sri Lanka are at risk of being duped in Singapore with the country’s Home Affairs Minister K Shanmugam saying that as many as 500 migrant maids working in Singapore fell victim to scams last year. He said this was an increase of 18 per cent from the 423 cases of duping reported […]
- Massive Corruption Scams Rock The Land Of The Mahatma (Category: Breaking News)
- Of Elections, Bond Scams & Money Politics: The Anatomy Of Default @75 (Category: Breaking News)
- Greenwashing Bond Scams & Financializing Mother Nature: Climate Science Fiction Versus Local Rea... (Category: Breaking News)
- 500 maids in Singapore duped in 2023 are from India, Sri Lanka (Category: Breaking News)
President Joe Biden has appointed Dr. Patrick Mendis—a Sri Lanka-born American diplomat—as an advisor to the prestigious U.S. National Security Education Board (NSEB), according to a press release by the White House. The 14-member National Security Education Board consists of eight Cabinet secretaries including defence, education, energy, homeland security, state, and the director of National [...
- Rendezvous with Patrick and Diplomacy (Category: Breaking News)
- Sri Lankan-born professor appointed to U.S. National Security Education Board (Category: Breaking News)
- Secretary Clinton appoints Professor Mendis to US National Commission for UNESCO (Category: Business)
- Sri Lanka Plays Geopolitical Games with China, India, and the United States (Category: Breaking News)
President Ranil Wickremesinghe has announced the formation of an Agricultural Modernization Organization Council, which will be chaired by both the President and Prime Minister. The primary objective of this council will be to oversee the restructuring of ministries, institutions, and organizations associated with agriculture in Sri Lanka. President Wickremesinghe made this announcement during a p...
- Sri Lanka President calls for council to boost efficiency in agricultural modernization (Category: Breaking News)
- Cabinet nod for agriculture sector modernization program (Category: Breaking News)
- Agriculture Modernization Secretariat to be established (Category: Breaking News)
- President unveils ambitious plans for agricultural modernization (Category: Breaking News)
Addressing attendees at the Board Of Investment (BOI) Awards Ceremony held at the Presidential Secretariat on Tuesday (02), President Ranil Wickremesinghe commended the pivotal role played by companies under the purview of the Board of Investment in driving Sri Lanka’s economic growth and affirmed his commitment to bolstering the nation’s economy through the establishment of […]
- Auto Manufacture (Category: Business)
- Green economy (Category: Technology)
- Bad investment costs Government $500m (Category: Australia, Victoria)
- Agri Boost (Category: Business)
Minister of Transport, Highways and Mass Media, Dr. Bandula Gunawardena, has stressed that any alteration, even as small as one-tenth, to the on-going government program spearheaded by President Ranil Wickremesinghe could pose a significant threat to the stability of the country once more. Despite numerous reports indicating an increase in poverty among the country’s most vulnerable, the minister ...
- The economic crisis can only be solved through the implementation of a comprehensive, long-term ... (Category: Breaking News)
- Sri Lanka to strengthen the poverty alleviation program, extend benefits to more families (Category: Breaking News)
- Targets for 2024 are 2.2million tourists and US$ 4billion in revenue – Minister of Tourism (Category: Breaking News)
- .Economic growth rate to be increased to 8 percent (Category: Breaking News)
[…]The post Mage Kathava – Autobiography Of Imthiaz Bakeer Markar appeared first on Colombo Telegraph.
- The Influence Of Sirima Bandaranaike & Ranil Wickremesinghe On The Foreign Policy Of Sri Lanka (Category: Breaking News)
- A Bill For Women’s Empowerment Was Issued (Category: Breaking News)
- Vladimir Putin, Xi Jinping & Joe Biden (Category: Breaking News)
- People Should Make A Shadow Constitution (Category: Breaking News)
Wednesday 3rd April, 2024 Leader of the National Freedom Front and dissident SLPP MP Wimal Weerawansa yesterday demanded a parliamentary probe into Speaker Mahinda Yapa Abeywardena’s claim that some foreign powers had pressured him (Abeywardena) to take over the executive presidency following President Gotabaya Rajapaksa’s resignation at the height of Aragalaya in July 2022. Weerawansa […]
- Speaker’s parting shot and need for probe (Category: Breaking News)
- Foreign hand in Gotabaya’s ouster: Chief Govt. Whip wants thorough probe (Category: Breaking News)
- Speaker’s claim of foreign hand: KJ won’t comment (Category: Breaking News)
- US hand in GR’s ouster: Speaker finally confirms allegations (Category: Breaking News)
Money, exchange rates, and money printing are crucial components of a nation’s monetary policy framework, wielding significant influence over economic and financial stability. This intricate relationship between these fundamental factors directly affects financial and economic dynamics. I am going to examine the nexus between these factors, clarifying their roles in the financial system and ...
- Inflation – Public Enemy Number One (Category: Breaking News)
- Central Bank expects economy to contract in second half of 2022 as well (Category: Breaking News)
- Steve Hanke on currency boards and flawed pegs amid Sri Lanka meltdown (Category: Breaking News)
- Sri Lanka policy rate unchanged as market rates rise, money printing warnings (Category: Breaking News)
By Shamindra Ferdinando Against the backdrop of Speaker Mahinda Yapa Abeywardena’s quite belated (but better late than never) public confirmation of external interventions in Aragalaya, that led to the overthrow of President Gotabaya Rajapaksa’s government in mid-July 2022, former cashiered Flying Officer Keerthi Ratnayake, with a never-say-die attitude even when odds are overwhelmingly stacked ag...
- Arrest of ex-Prez over Easter bombing remarks sought (Category: Breaking News)
- Foreign hand in Gotabaya’s ouster: Chief Govt. Whip wants thorough probe (Category: Breaking News)
- Simple questions to Sirisena and Gotabaya (Category: Breaking News)
- The strange case of Katuwapitiya suicide bomber’s wife Pulasthini (Category: Breaking News)
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