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Reuters reports that Dialog Axiata, a leading Sri Lanka telecom operator, has finalized an agreement to acquire Bharti Airtel's operations in Sri Lanka.The post Dialog Axiata to acquire Bharti Airtel’s telecom operations in Sri Lanka appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
The eight Sri Lankans, including 2 females who were rescued from the cyber scamming camps in Myawaddy area of Myanmar have arrived in Sri Lanka this morning after being repatriated with the help of the International Organisation for Migration (IOM) and the Ministry of Foreign Affairs.
Thursday 18th April, 2024 Tourist arrivals are on the increase, according to the Sri Lanka Tourism Development Authority. Prestigious international travel guides are very generously promoting Sri Lanka as a must-visit tourist destination. Lonely Planet says ‘endless beaches, timeless ruins, welcoming people, oodles of elephants, rolling surf, cheap prices, fun trains, famous tea and flavourful [&#...
The Department of Immigration and Emigration yesterday (17) implemented a new procedure in visa process and the online visa application portal.The new visa methodology, relevant fees, requirements to be met and the validity period in Sri Lanka were earlier published in the Extraordinary Gazette No. 2360/24, dated 27 November 2023. The department said arrangements have […]
The Samagi Jana Balawegaya (SJB) has urged the government to maintain transparency in the ongoing debt restructuring process as national elections are around the corner and that the next government will have to honour the conditions agreed upon by the incumbent administration. The SJB said so soon after the government of Sri Lanka rejected international […]
Reuters reports that Sri Lanka intends to engage with the International Monetary Fund (IMF) to determine if its recent debt restructuring proposals align with the terms of its financial aid program, according to a statement from the finance ministry on Wednesday.The post Sri Lanka consults IMF after rejecting debt restructure proposal appeared first on ONLANKA - Sri Lanka Latest Breaking News and ...
The 15 Sri Lankan fishermen who were sentenced to 7 years of rigorous imprisonment in Myanmar for violating maritime boundaries have been granted a general amnesty.The post Sri Lankan Fishermen released from Myanmar Prison under General Amnesty appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
The inaugural Sri Lanka-Kyrgyz Republic Foreign Office consultations have successfully concluded in Bishkek, Kyrgyzstan on 15 April.
Reuters reports that Sri Lanka has turned down a restructuring plan proposed by international bondholders to address its $12 billion debt, thereby endangering crucial International Monetary Fund (IMF) aid and further delaying the resolution of its ongoing two-year debt crisis.The post Sri Lanka debt restructuring stumbles as government rejects bondholders’ proposal appeared first on ONLANKA ...
Several major water and energy projects are going to be inaugurated by the presidents of Iran and Sri Lanka in the near future, Iranian media reported.The post Iranian President to inaugurate ‘Uma Oya’ project during Sri Lanka visit appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
On 19 April, Indians will begin choosing a new parliament for the next five years, as Prime Minister Narendra Modi seeks a third consecutive term. Opinion polls put his Bharatiya Janata Party (BJP) and its allies ahead. They are up against the Indian National Developmental Inclusive Alliance (India), which groups more than two dozen opposition […]
Sri Lanka has failed to strike an agreement on restructuring about US$12 billion of debt with its bondholders, the Government said on Tuesday (Apr 16). “The steering committee did not agree to extension of restricted discussions,” it said in a regulatory filing. Following talks with bondholders on the sidelines of the International Monetary Fund and […]
The Government of India has lifted the export ban on onions for Sri Lanka, according to the Indian High Commission in Colombo.The post India lifts ban on onion exports to Sri Lanka appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
[…]The post Nettles Needing To Be Grasped By Future Leaders Of Sri Lanka appeared first on Colombo Telegraph.
A statement by academics of the university system We are in the midst of an existentially threatening economic crisis. With an ever-increasing debt burden and low economic prospects, we continue to grapple with uncertain economic futures and related social and political distresses. As university teachers, we are concerned about the multiplicity of recent proposals seeking […]
Sri Lanka’s foreign reserves had exceeded the five billion US dollar mark, State Minister of Finance, Ranjith Siyambalapitiya told journalists in Colombo yesterday (15). Siyambalapitiya said that in the recent past the Central Bank had bought large quantities of dollars from the domestic market as well. Siyambalapitiya also mentioned that Sri Lanka, in 2022, limited the imports […]
By Easwaran Rutnam Iran’s President Ebrahim Raisi is to visit Sri Lanka in May and launch several water projects, amidst rising tensions in the Middle East. According to the Tehran Times, Ebrahim Raisi will launch the Uma Oya Multipurpose project which includes two dams namely Dyraaba and Puhulpola and also 25 kilometers of water transmission […]
The Government of India has lifted the export ban on onions for Sri Lanka, the Indian High Commission in Colombo said. The High Commission said that the export of upto 10000 MT of onions has been permitted vide the enclosed notification of the Directorate General of Foreign Trade. The exemption for Sri Lanka reiterated India’s […]
[…]The post The Impact Of The Next Election On The Economic Reforms appeared first on Colombo Telegraph.
According to a Reuters report, Turkish, Jordanian, and Iraqi officials confirmed that Iran had issued a broad notification prior to its recent drone and missile strike on Israel, contrasting with U.S. claims that Washington received no prior warning.The post Iran Claims It Warned of Attack on Israel; U.S. Denies Receiving Notice appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top St...
860,000. That’s the number of Pakistanis who left their country in 2023, and the trend of departing from Pakistan is likely to continue this year. The number is the highest in almost a decade. The previous year almost 800,000 professionals left Pakistan. The figure was released by Pakistan’s Bureau of Emigration and Overseas Employment (BEOE). […]
At least 33 people have been killed over three days of heavy rains and flash flooding in Afghanistan, according to the government’s disaster management department. “From Friday onwards, because of the rains there were flash floods which caused high human and financial losses,” department spokesman Janan Sayeq said on Sunday. “The primary information shows that, […]
[…]The post How Long Can The People Be Fooled? appeared first on Colombo Telegraph.
The officers of the Narcotics Control Unit of Sri Lanka Customs have arrested a foreign national woman at the arrival terminal of the Bandaranaike International Airport (BIA) for attempting to smuggle cocaine capsules by ingesting them.
[…]The post Planning For A Year Of Elections appeared first on Colombo Telegraph.
[…]The post Recovery, Growth & Toxic Imports appeared first on Colombo Telegraph.
[…]The post Undemocratic Rule Of Modi’s India Is A Security Threat To South Asia appeared first on Colombo Telegraph.
Singapore – One of the world’s most open economies is attempting a delicate balancing act. On the one hand, the Southeast Asian city-state wants to lure the world’s best and brightest to bolster its workforce, one of Asia’s most diverse. On the other hand, it has to assure locals competing with foreigners for jobs that […]
The Asian Development Bank’s (ADB) annual flagship economic publication, the Asian Development Outlook (ADO) for April 2024, forecasts moderate growth in Sri Lanka’s economy of 1.9% in 2024 and 2.5% in 2025, following two consecutive years of contraction.The post Sri Lanka shows signs of recovery but must maintain reform momentum: ADB appeared first on ONLANKA - Sri Lanka Latest Breaking News and ...