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Sri Lanka strongly condemned the dastardly terrorist attack which occurred at the Crocus City shopping center in Moscow, Russia causing tragic loss of civilian lives and injury. The Sri Lanka Foreign Ministry said that such cowardly acts of violence against civilians are abhorrent and have no place in civilized society. The Government and the people […]
Sri Lanka is to offer on-arrival driving licenses for foreigners at the airport from 15th Aprile, the Government announced. State Minister of Transport Lasantha Alagiyawanna said that foreign individuals seeking a driving license in Sri Lanka will have the convenience of applying for it directly at the airport. “All necessary arrangements have been made to […]
Sri Lanka has strongly condemned the dastardly terrorist attack which occurred at the Crocus City shopping center in Moscow, Russia on Friday (22), causing tragic loss of civilian lives and injury, the Ministry of Foreign Affairs said.
The ISIL (ISIS) group has claimed responsibility for a brazen attack on Moscow’s Crocus City Hall that killed at least 60 people and injured more than 145. At least five camouflage-clad gunmen with automatic weapons burst into the packed concert hall in the city’s western suburbs on Friday night as the audience was gathering to […]
State Minister of Transport Lasantha Alagiyawanna revealed that foreign individuals seeking a driving license in Sri Lanka will have the convenience of applying for it directly at the airport from April 15.
Sri Lankan Prime Minister Dinesh Gunawardena will visit China, his country’s biggest bilateral lender, next week, Beijing’s Foreign Ministry said Friday, according to AFP. “At the invitation of Premier Li Qiang of the State Council, Prime Minister of Sri Lanka Dinesh Gunawardena will pay an official visit to China from March 25 to 30,” Foreign […]
After constructive discussions in Colombo, IMF Senior Mission Chief Peter Breuer and Deputy Mission Chief Ms. Katsiaryna Svirydzenka issued the following statement: “The IMF team reached staff-level agreement with the Sri Lankan authorities on the second review under the economic reform program supported by a 4-year Extended Fund Facility (EFF) arrangement and concluded the 2024 […]
Saturday 23rd March, 2024 Never a dull moment in this country despite its economic difficulties! Parliamentary sessions, more often than not, leave the public none the wiser, but at times they can be really entertaining although they cost the public an arm and a leg. On Thursday, Parliament had a sitting, which was replete with […]
… corruption cited as one of the three issues faced by the country Japanese Ambassador Hideaki Mizukoshi Thursday (21) urged Sri Lanka to turn the continuing economic, political and social crisis into an opportunity to achieve success. The Ambassador said that the country should take advantage of the continuing external pressure to adopt reforms, build-up […]
[…]The post President Anura Kumara Dissanayake appeared first on Colombo Telegraph.
The Japanese Ambassador to Sri Lanka, H.E. MIZUKOSHI Hideaki, expressed Japan’s support for the current program aimed at rebuilding the Sri Lankan economy.The post Japanese Ambassador assures Japan’s support for Sri Lanka’s Economic development efforts appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
Sri Lanka is close to finalising a debt treatment plan with India and the Paris Club, sources familiar with the negotiations said, pointing to a likely moratorium of up to six years and a reduced interest rate during the repayment period.The post Sri Lanka to secure likely 6-year moratorium on debt owed to India, Paris Club appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories...
Following productive discussions, the International Monetary Fund (IMF) and Sri Lankan authorities have achieved a staff-level agreement on economic policies, marking a significant step in concluding the second review of the 4-year Extended Fund Facility (EFF)-supported program and the 2024 Article IV Consultation. This was stated by Mr. Peter Breuer, IMF Senior Mission Chief during […]
The International Monetary Fund (IMF) reached a staff-level agreement with the Sri Lankan authorities on the second review under the economic reform program supported by a 4-year Extended Fund Facility (EFF) arrangement. The EFF arrangement was approved by the IMF Executive Board for a total amount of SDR 2.3 billion (about US$3 billion) on March […]
The Sri Lanka Navy detained 32 Indian fishermen for poaching in Sri Lankan waters off Talaimannar and near the Delft Island. The Navy said it continues to conduct regular patrols and operations in Sri Lankan waters to curb illegal fishing practices of foreign fishing trawlers, taking into account the impact of those practices on the […]
Japan, the International Organisation for Migration (IOM), and the International Labour Organization (ILO) have joined hands to protect Sri Lankans from human trafficking. With USD 2.6 Million funding support from the Government of Japan, the International Organisation for Migration (IOM), and the International Labour Organization (ILO) launched 12-month “UPLIFT” project. The initiative will contr...
The International Monetary Fund (IMF) team has reached a staff-level agreement with the Sri Lankan authorities on the second review under the economic reform program supported by a 4-year Extended Fund Facility (EFF) arrangement and concluded the 2024 Article IV Consultation discussions.The post IMF reaches staff-level agreement with Sri Lanka on second review appeared first on ONLANKA - Sri Lanka...
Chairman of Airport and Aviation Services (Sri Lanka) Ltd., Athula Galkatiya, 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 post Bandaranaike International Airport experiences significant increase in passenger traffic appeared first on ONLANKA - Sri Lanka Latest Bre...
Global investors and Sri Lankan officials expect to start negotiations aimed at restructuring $12 billion in defaulted global bonds next week, Bloomberg News reported on Thursday.The post Sri Lanka to start restructuring talks with investors next week, Bloomberg News reports appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
[…]The post Books & Elections: President Gotabaya Rajapaksa’s Claim Of Foreign Conspiracy appeared first on Colombo Telegraph.
Global investors and Sri Lankan officials expect to start negotiations aimed at restructuring $12 billion in defaulted global bonds next week, Bloomberg News reported on Thursday. A steering committee, comprising of bondholders, will begin talks as they weigh a proposal from the government to rework the overseas debt that has been in default since 2022, […]
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 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 […]