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The Sri Lankan Government’s proposed law to create another body to investigate wartime abuses replicates previous failed efforts, ignores the needs of victims, and falls far short of meeting Sri Lanka’s international legal obligations, Human Rights Watch (HRW) said today. HRW said Sri Lankan authorities continue to silence and repress families of victims and their […]
The Prime Minister of Thailand, Srettha Thavisin will undertake a two-day official visit to Sri Lanka from 03 – 04 February 2024 at the invitation of President Ranil Wickremesinghe. The Prime Minister will participate at the ceremony to mark the 76th Anniversary of Independence of Sri Lanka as Guest of Honour. During the visit, the Thai Prime […]
Sri Lanka updated the UK on the debt restructuring process and thanked UK for its support and cooperation extended towards Sri Lanka as a member of the Paris Club in accelerating the process. Minister of Foreign Affairs Ali Sabry concluded his official visit to the United Kingdom on the invitation of the prestigious Cambridge Union […]
by Lasanda Kurukulasuriya Sri Lanka’s remarks at the meetings of the 19th Summit of the Non Aligned Movement in Uganda, must surely have had observers of international relations, especially relating to West Asia, scratching their heads. President Ranil Wickemesinghe in Kampala on Friday (19 Jan.) said he welcomed the fact that the 19th Summit gave […]
[…]The post Chips Are Everywhere: But Can Sri Lanka Ride The Wave? appeared first on Colombo Telegraph.
[…]The post RW, IMF & The Economy appeared first on Colombo Telegraph.
President Ranil Wickremesinghe wants Government institutions removed from the Galle Fort. The President has decided to establish a special commission to expedite the development of Galle. The President visited Galle City and the Galle Fort area and inspected ongoing development activities. He expressed concern about the slow progress in relocating government institutions and offices from […]
ECONOMYNEXT –President Ranil Wickremesinghe has invited political party leaders in Parliament to discuss the IMF agreement implementation with the fund’s Managing Director. “I am willing to extend an invitation to the Managing Director of the IMF to participate in a collective dialogue here. Let us collaboratively explore different perspectives and propose modifications if deemed beneficial,...
[…]The post Sangha-Led Buddhist-Tamil Dialogue Takes Shape appeared first on Colombo Telegraph.
Amy and Ano are identical twins, but just after they were born they were taken from their mother and sold to separate families. Years later, they discovered each other by chance thanks to a TV talent show and a TikTok video. As they delved into their past, they realised they were among thousands of babies […]
President Ranil Wickremesinghe extended an invitation to all political party leaders in the Parliament to engage in discussions with the Managing Director of the International Monetary Fund (IMF) on the implementation of the agreement with the IMF. Emphasizing the importance of unity in leading the country to success, he reiterated that withdrawing from the agreement […]
Sri Lanka star Chamari Athapaththu has won the ICC Women’s ODI Cricketer of the Year for 2023 after a stellar 12 months.The post Chamari Athapaththu won ICC Women’s ODI Cricketer of the Year for 2023 appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
[…]The post Plans, Teams & Mis-Steps appeared first on Colombo Telegraph.
The Sri Lankan Cabinet has approved the draft Free Trade Agreement (FTA) between Sri Lanka and Thailand. After nine rounds of discussions between the two sides, a complete 14-chapter draft Free Trade Agreement was prepared, including the preamble and annexes, to improve trade and investment, compliance with local laws and regulations and facilitating knowledge sharing. […]
President Ranil Wickremesinghe, addressing the 30th Annual General Meeting of the Lanka Confectionary Manufacturers Association (LCMA) yesterday (24) at Cinnamon Grand Hotel, Colombo emphasized the potential for Sri Lanka to become a global player in the confectionery industry. He encouraged Sri Lankan confectioners to expand their horizons and tap into international markets. The President emphasi...
The United Kingdom and Sri Lanka had discussions centered on enhancing relations between both countries, and its future trajectory. High Commissioner of Sri Lanka to the United Kingdom Rohitha Bogollagama had a meeting with the Speaker of the UK Parliament Lord McFall of Alcluith. During the meeting, the High Commissioner and Speaker Lord McFall discussed […]
By Hiran H.Senewiratne Sri Lanka’s inflation could rise to 7 percent in January 2024 due to the VAT increase, the Governor of the Central Bank of Sri Lanka (CBSL), Dr. Nandalal Weerasinghe warned. Speaking at a special press briefing held yesterday, Dr. Weerasinghe explained that an increase in inflation is likely due to the increase […]
by Jehan Perera Under President Ranil Wickremesinghe’s leadership it looks like Sri Lanka is once again punching above its weight. The President took centre stage at the 19th Summit of the Heads of State and Government of the Non-Aligned Movement (NAM) and the 3rd South Summit of the Group of 77 & China, currently taking […]
[…]The post President Positions Sri Lanka To Win International Support appeared first on Colombo Telegraph.
Sri Lanka's consumer price inflation rate jumped to 4.2% year-on-year in December driven by rising food prices, official data showed on Monday, although it remains well below record high levels seen at the height of the country's financial crisis.The post Rising food prices drive Sri Lanka inflation up to 4.2% in December appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
The desecration of Ahmadiyya places of worship in Pakistan continues with the latest incident occurring on December 22, 2023, in Samanduri, District Faisalabad. Police officials reportedly destroyed the minarets of an Ahmadiyya worship place in the presence of the Assistant Commissioner (AC). The targeted worship place, constructed in 1956, had been under threat from extremists […]
By Prof. Amarasiri de Silva Sri Lanka, renowned for its rich cultural heritage and diverse landscapes, is grappling with an unprecedented macroeconomic crisis. This crisis has given rise to acute shortages and sharp increases in the prices of essential products, creating a complex web of challenges. At the heart of this multifaceted crisis lies a […]
Sri Lanka is showing first signs of recovery as it finds itself in an election year, and therefore, what happens before the elections as well as after them will be crucial for the economic recovery in Sri Lanka, IMF’s Senior Mission Chief, Peter Breuer said on Friday. He said so at a press briefing held […]
The National Peoples Power (NPP) says if it comes to power it will continue to work with the International Monetary Fund (IMF) and look to make changes to the current agreement with Sri Lanka. NPP MP Vijitha Herath said that the main opposition Samagi Jana Balawegaya was concerned over talks held between the NPP and […]
China’s consumer price index (CPI) fell by 0.3 per cent year on year in December, marking a third consecutive monthly decline amid fears of deflationary risks Concerns have risen that China is facing similar issues to Japan’s so-called lost decades of stagnation China’s falling consumer prices in the fourth quarter have plunged full-year inflation to […]
The Lakshman Kadirgamar Institute (LKI) hosted a panel discussion ‘Sri Lanka as a Destination: From Antiquity to Modernity’ as part of its outreach activities to promote ‘Cultural Diplomacy’ in Koggala on Saturday (13 January 2024). Held with the Indian Ocean as the backdrop at the Long Beach Hotel, Koggala, this interactive discussion was organized as […]
[…]The post Election ’24: Rajapaksa Implosion & Ranil’s Red Sea Meddling appeared first on Colombo Telegraph.
[…]The post A Bleak Forecast For 2024 & Beyond: Politics (Security), Economics & Military appeared first on Colombo Telegraph.
The economic reform programme, implemented by the Sri Lankan authorities is yielding the first signs of recovery with positive real GDP growth in the third quarter of 2023, low inflation, increased revenue collection, and a build-up of external reserves, the IMF has said. Staying the course on the reform agenda is necessary for this stabilization […]
An International Monetary Fund (IMF) mission team led by Mr. Peter Breuer visited Sri Lanka from January 11 to January 19, 2024 to discuss recent macroeconomic developments and progress in implementing economic and financial policies under the EFF arrangement.The post IMF staff concludes visit to Sri Lanka saying debt agreements with creditors critical appeared first on ONLANKA - Sri Lanka Latest ...