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In the bustling heart of Ja-Ela, Moose Clothing Company stands tall as a beacon of creativity, technical expertise, and workmanship. Established in 2018 with a vision to redefine Sri Lanka’s fashion landscape whilst bridging the gap between affordability and accessibility to good quality fashion, Moose Clothing Company has now embarked on a journey that transcends […]
- Moose Clothing Company sponsors Sri Lankan team for World Cup (Category: Breaking News)
- Moose Clothing Co. SLC’s Official Cricket Clothing Sponsor for 2023-27 (Category: Sports)
- Sri Lanka team departs for ICC T20 World Cup (Category: Breaking News)
- ICC T20 official sponsor Hyundai gifts fleet of 60 vehicles (Category: Business)
[…]The post Being Meticulously Scrupulous! appeared first on Colombo Telegraph.
- A Painted Ship In A Painted Ocean (Category: Breaking News)
- The Buddha’s Idea Of Critical Thinking (Category: Breaking News)
- Bleeding Hearts & Brave Hearts (Category: Breaking News)
- Brahmins Demand A Debate On Debt (Category: Breaking News)
[…]The post After May Day: Now What? appeared first on Colombo Telegraph.
- Planning For A Year Of Elections (Category: Breaking News)
- Trump-Ramasamy Ticket GOP’s Best Bet In 2024; US Events Will Affect The Whole World (Category: Breaking News)
- AKD’s Recent Climb Is Meteoric, Yet A Long Way To Go (Category: Breaking News)
- Election Or No Election, Ranil Is done; He’s Not Fit For Office (Category: Breaking News)
[…]The post Economic Growth, National Security, And What Next For Sri Lanka appeared first on Colombo Telegraph.
- Colombo University Business Economic Summit 2024: Keynote Address (Category: Breaking News)
- The Magic 2048: What Is To Be Done To Make Ranilnomics A Reality? (Category: Breaking News)
- Economy 2024: More Challenging Than The Two Previous Years (Category: Breaking News)
- Target 2048 – Growth Lab Experiment Should Be Converted From A Mere Wish To Ground Level Reality (Category: Breaking News)
Sri Lankan President Ranil Wickremesinghe stated that he expects to increase the growth rate of Sri Lanka’s economy to up to 3% by the year 2025 and mentioned that steps would be taken to increase the salaries of government employees.The post Sri Lanka Nursing University inaugurated appeared first on Sri Lanka News | Breaking News & Top Stories in Sri Lanka | ONLANKA.
- Growth rate of Sri Lanka’s economy will be increased up to 3% by 2025 – President (Category: Breaking News)
- President proposes establishing Int l University on Climate Change in Sri Lanka (Category: Breaking News)
- Sri Lanka Government focuses on promoting ‘Health Tourism’ (Category: Breaking News)
- President seeks ADB support to set up International University on Climate Change in Sri Lanka (Category: Breaking News)
[…]The post Debt Restructuring As Rocket Science: The IMF, Green, Blue & Pink-Washing BlackRock? appeared first on Colombo Telegraph.
- Greenwashing Bond Scams & Financializing Mother Nature: Climate Science Fiction Versus Local Rea... (Category: Breaking News)
- Of Elections, Bond Scams & Money Politics: The Anatomy Of Default @75 (Category: Breaking News)
- IMF, Sri Lanka’s Resource Curse & Privatization Of The Central Bank (Category: Breaking News)
- Channel 4’s Easter Sunday: The IMF Descends Amid An Over The Horizon Operation Staring ‘Sonic-So... (Category: Breaking News)
Debt owed by various countries, especially in South Asia and Africa, to China has multiplied in recent years.The post Debt owed by Pakistan, Sri Lanka and Bangladesh to China rise to record levels: Data appeared first on Sri Lanka News | Breaking News & Top Stories in Sri Lanka | ONLANKA.
- Forbes: Lanka, Pakistan and Maldives among biggest debt burdens to China (Category: Breaking News)
- Sri Lanka s debt to China close to 20% of public external debt - study (Category: Breaking News)
- Some creditors want to restructure Sri Lanka’s debt without China (Category: Breaking News)
- Japan, India and France launch creditors meeting on Sri Lanka debt (Category: Breaking News)
[…]The post Aragalaya Effect Vs IMF Effect appeared first on Colombo Telegraph.
- RW, IMF & The Economy (Category: Breaking News)
- Homework For NPP (Category: Breaking News)
- Restructuring The Economy: A Stock Take (Category: Breaking News)
- Politics Behind Economic Recovery (Category: Breaking News)
President Ranil Wickremesinghe told Parliament yesterday, making a statement, that he had assumed leadership of the country without any conditions, despite being a sole Member of Parliament from his party. The President said he expected to conclude all negotiations with external creditors by the middle of this year, and that the ultimate goal of debt restructuring […]
- No final decision on domestic debt restructuring : Bandula debt (Category: Breaking News)
- Prez reiterates need to go ahead with local debt restructuring (Category: Breaking News)
- JVP moves SC to prevent possible losses to EPF, ETF (Category: Breaking News)
- President now expects IMF bailout next month (Category: Breaking News)
[…]The post Ignoring The Whale, While Hooking The Sprat appeared first on Colombo Telegraph.
- Just Rewards For Hard Work (Category: Breaking News)
- On Overlooking The Obvious (Category: Breaking News)
- Improvising To Overcome Tragedy (Category: Breaking News)
- Aiyo Sirisena! Cut Out The Bluff! (Category: Breaking News)
[…]The post Unraveling The Root Causes Of Sri Lanka’s Foreign Currency Crisis appeared first on Colombo Telegraph.
- Debt Restructuring, Austerity, & The IMF: A Solution Or A Worsening Of The Problem? (Category: Breaking News)
- Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? (Category: Breaking News)
- From Socialism To Success: Sweden’s Economic Evolution (Category: Breaking News)
- Budget 2023: A Depth Or Dearth (Category: Breaking News)
Left-arm spinning allrounder Dunith Wellalage has made Sri Lanka’s squad for the 2024 T20 World Cup despite never having played a T20 international. Top-order batter Kamindu Mendis and round-arm seamer Nuwan Thushara are also in the 15. From the older cohort, Angelo Mathews, Dhananjaya de Silva, and Dasun Shanaka also find places in the squad. […]
- Angelo Mathews back in T20I squad after three-year absence (Category: Breaking News)
- Bangladesh look to remedy home record as rivalry with Sri Lanka heats up (Category: Breaking News)
- Sri Lanka bowled out for 50 in Asia Cup final (Category: Breaking News)
- Vanuatu stun Zimbabwe to kick off T20 World Cup Qualifier (Category: Breaking News)
Addressing the Parliament of Sri Lanka today (May 09), President Ranil Wickremesinghe provided a comprehensive overview of the country's economic journey over the past two years.The post Sri Lanka President highlights economic progress and future challenges appeared first on Sri Lanka News | Breaking News & Top Stories in Sri Lanka | ONLANKA.
- Sri Lanka and India reach agreements on Renewable Energy, Animal Husbandry, and more (Category: Breaking News)
- President delivers special statement in parliament (Category: Breaking News)
- Sri Lanka President invited all to join hands to build a prosperous Sri Lanka by 2048 (Category: Breaking News)
- Sri Lanka President Ranil Wickremesinghe meets Singapore President Halimah Yacob (Category: Breaking News)
By Easwaran Rutnam President Ranil Wickremesinghe blamed Opposition Leader Sajith Premadasa for the crisis in the country saying things could have been different if he accepted the Prime Minister post in April 2022. The President expressed these views after delivering a statement in Parliament, Thursday. Wickremesinghe said that in 2022 he willingly embraced the task […]
- Sri Lanka President Ranil delivers Government’s policy statement in Parliament (Category: Breaking News)
- “We may contest elections separately but let us collaborate in nation-building endeavors” – Pres... (Category: Breaking News)
- Economy improving, VAT can be reduced – RW (Category: Breaking News)
- President outlines his track record since assuming office in 2022 (Category: Breaking News)
Sri Lanka’s tentative recovery from its worst economic crisis could be stalled by presidential elections due later this year, the island nation’s central bank chief warned on Tuesday. Months-long shortages of food, fuel and medicines culminated in Sri Lanka defaulting on its foreign debt in 2022 and angry protests that led to the ouster of […]
- China to help conclude debt restructuring process in Sri Lanka (Category: Breaking News)
- Top US official to visit Sri Lanka (Category: Breaking News)
- Sri Sri Ravi Shankar to visit Sri Lanka (Category: Breaking News)
- US Assistant Secretary and Sri Lankan civil society discuss reforms (Category: Breaking News)
India has delivered the first batch of medium-range, supersonic BrahMos cruise missiles – that can be launched from land, sea and air – to the Philippines. Brahmos is one of the most lethal weapons in its category. They will be deployed in the South China Sea to resist Beijing’s unrelenting and unilateral aggression in violation […]
- Resource Conflict (Category: Business)
- Ignoring China’s Ultimatum, Philippines To Hold Drills With Australia, Japan & US In Disputed So... (Category: Breaking News)
- Two Chinese vessels shadowed Philippine, US ships – Philippine military (Category: Breaking News)
- Phillipines’ bold response to aggressive China in the South China Sea (Category: Breaking News)
[…]The post Valuing Japan’s Moral Ethos & Economic Assistance appeared first on Colombo Telegraph.
- The return of Japan is a victory (Category: Breaking News)
- Getting Nearer To Solution As Options Narrow (Category: Breaking News)
- War Of Attrition Will Ruin Both The Government & Country (Category: Breaking News)
- Prioritising National Interest In Navigating Geopolitical Waters (Category: Breaking News)
by Jehan Perera The visit of Japan’s foreign minister Yoko Kamikawa to Sri Lanka is an indication that the relationship between the two countries is on the mend. The manner in which Japan was ousted from the special status it had once held by the previous government headed by President Gotabaya Rajapaksa would have caused […]
- SL rejects UNHRC resolution (Category: Breaking News)
- Prez insists on IMF approved new tax regime, warns of dire consequences unless fully implemented (Category: Breaking News)
- Japan seeks to organize SL creditors’ conference: Will China attend? (Category: Breaking News)
- As UN General Assembly Convenes, Leading Senators Unveil Resolution Urging International Coopera... (Category: Breaking News)
by Jayasri Priyalal Jayasripriyalal59@gmail.com The greatest challenges confronting the nation-states in the current era revolve around; deplorable debt, depleted natural resources, and degraded environment. Economic growth and future prosperity for all living beings are stalled due to the varying degrees of the 3D problems emerging out of ill-conceived policy divergences propelling the linear eco...
- IMF Must Become More Than Just A Debt Collector For Private Creditors (Category: Breaking News)
- SL hopes for productive talks at IMF WB spring meetings (Category: Breaking News)
- A survival strategy amidst geopolitical rivalry (Category: Breaking News)
- Sri Lanka to brief creditors on IMF deal for economic recovery (Category: Breaking News)
[…]The post Pointless Debate On The Economy When Issue At Hand Is Much Broader appeared first on Colombo Telegraph.
- Crisis-Hit Sri Lanka Economy (Category: Breaking News)
- Budget 2023 Will Be The Acid Test Of RW’s Magic Wand (Category: Breaking News)
- Current State Of Sri Lankan Economy, According To Dhananath Fernando (Category: Breaking News)
- Navigating The Economic Reawakening & Sustainable Growth (Category: Breaking News)
Over the last few decades China has not only become Africa’s largest trading partner, but is its biggest bilateral lender. In the last 15 years, trade between China and African nations reached $282.1 billion (in 2023). Out of these numbers, most of the exports to China were supplied by South Africa, Angola and the Democratic […]
- Debt owed by Pakistan, Sri Lanka and Bangladesh to China rise to record levels: Data (Category: Breaking News)
- Chinese Buddhist diplomacy and Sri Lanka’s predicament (Category: Breaking News)
- Chinese lending in Africa laced with ambitions to secure UNGA votes amid Taiwan tensions (Category: Breaking News)
- Chinese debt trap hurdles Zambia’s progress: Report (Category: Breaking News)
The International Monetary Fund (IMF) wants Sri Lanka to work on governance issues and to also stick to the IMF supported program. Krishna Srinivasan, IMF Director of the Asia and Pacific Department noted that Sri Lankans faced a very difficult challenge when they embarked on the IMF program. “And so far, what we’ve seen is […]
- IMF does not support providing subsidies to everyone in Sri Lanka (Category: Breaking News)
- IMF confident Sri Lanka can be put on the path to prosperity (Category: Breaking News)
- Sri Lanka can be on path to prosperity if debt sustainability achieved – IMF (Category: Breaking News)
- D-day for Sri Lanka as IMF Executive Board meets to decide on EFF (Category: Breaking News)
Cash-strapped Pakistan is poised to receive a $1.1bn loan tranche from the International Monetary Fund (IMF) after a key meeting of the international lender’s executive board on Monday, even as economists have warned that the country needs deep reforms to reduce its dependence on overseas financial assistance. Late on Monday night, Pakistan’s Ministry of Finance […]
- Total foreign loans rise to $2.8bn in July (Category: Breaking News)
- China furious with Pakistan over delayed implementation of CPEC projects (Category: Breaking News)
- Former Pak Finance Minister Miftah Ismail says things to ‘remain tight for a while’ on economic ... (Category: Breaking News)
- Why is Pakistan a misfit for BRICS? (Category: Breaking News)
The Annual Economic Review and Financial Statements and Operations of the Central Bank for the Year 2023 points out that backtracking from the implemented and planned critical reforms will tip the economy to a state of instability. Thus, continuing with the broader political and social consensus on economic reforms will be critical to avoid recurring […]
- World Bank commends Sri Lanka s progress on fiscal, financial and economic governance reforms (Category: Breaking News)
- President reveals govt s action plan for socio-economic reforms and accelerated development (Category: Breaking News)
- Govt ready to make ongoing economic reforms a law  State Minister tells IMF (Category: Breaking News)
- Sri Lanka needs strong new economic system, not reforms - President (Category: Breaking News)
[…]The post Foreign Debt Restructuring: Too Late & Too Short To Get Out Of The Debt Trap appeared first on Colombo Telegraph.
- Child’s Guide To Debt Restructuring: Not A Cakewalk But A Task Entailing Hard Work (Category: Breaking News)
- Child’s Guide To Ranilnomics: Proposed Debt Restructuring Will Pose More Issues Than Answers (Category: Breaking News)
- Has The Economy Been Assassinated & If So, Who Were The Assassins? (Category: Breaking News)
- Bankrupt Sri Lanka Celebrated Independence, But Now It Is Back To Hard Economic Realities (Category: Breaking News)
[…]The post American Chaos, Modi’s Heatwave & Ranil As Common Government Candidate appeared first on Colombo Telegraph.
- Destination Delhi: Roving President’s Next Port Of Call (Category: Breaking News)
- India’s Election Timetable & Sri Lanka’s Deadlock Elections (Category: Breaking News)
- Iran-Israeli Tit For Tat, India’s Vote Marathon & Lanka’s Long Election Eve (Category: Breaking News)
- Anura Kumara Dissanayake’s Accomplishments & Challenges (Category: Breaking News)
Reuters says that Sri Lanka has decided to transfer management of its $209 million Chinese-funded airport to two companies from India and Russia, according to a statement from the cabinet on Friday.The post Sri Lanka turns to Indian and Russian companies to manage Chinese-funded Airport appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- 03/12/2010 14:45 INDIA – CHINA – SRI LANKA Chinese aid to Sri Lanka could lead to conflict (AsiaNe (Category: Breaking News)
- Sri Lanka: Chinese companies begin road extension work in Jaffna (Category: Breaking News)
- Rock slows Sri Lanka port project (Category: Breaking News)
- Sri Lanka pins hopes on China-funded port (Category: Breaking News)
The stock market serves as a nexus where millions of buyers and sellers converge to engage in transactions. At its core, each transaction represents an agreement between a buyer and a seller, with the central element being the price. This price is not static; it fluctuates continuously, reflecting the equilibrium between supply and demand. The […]
- Should you invest in the stock market now? (Category: Breaking News)
- Insider trading: Good, bad or ugly? (Category: Business)
- Real potential of the Colombo stock market (Category: Business)
- MBSL expands investment management services on a regional level (Category: Business)
ECONOMYNEXT –The International Finance Corporation (IFC), the World Bank’s investment arm emphasized the importance of the private sector engagement in the recovery of the crisis-hit Sri Lanka’s economic growth. Riccardo Puliti, the IFC’s Vice President for Asia and the Pacific said this when he met State Finance Minister Shehan Semasinghe and the island nation’s Central […]
- High Tech Private Buses (Category: Breaking News)
- No private buses on April 13 (Category: Breaking News)
- Lanka may appoint local advisors for small SOE divestment (Category: Breaking News)
- Private tanker owners withdraw from fuel transport services (Category: Breaking News)
As a collective body of exporters, we have been at the forefront of sustaining employment and ensuring a steady flow of foreign exchange, even amidst the most severe economic downturns faced by our nation. Our membership covers the majority of merchandise exports, which account for some 13% of Sri Lanka’s GDP. Today, we stand united […]
- ‘Recognizing, Inspiring and Strengthening’ SL’s exporters (Category: Breaking News)
- Brandix excels at export awards (Category: Breaking News)
- Dollars and conscience (Category: Breaking News)
- Why record export earnings may not be good news (Category: Breaking News)
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