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President Ranil Wickremesinghe said that as an island nation, Sri Lanka should adopt a non-aligned foreign policy in dealing with the international community. The President also pointed out that Sri Lanka can be elevated to a higher level in the international sphere by adopting a non-aligned foreign policy rather than supporting or being dependent on […]
Chinese officials have agreed to participate in a global sovereign debt "roundtable" that would include a wide variety of stakeholders, including private sector creditors, International Monetary Fund chief Kristalina Georgieva said on Thursday.The post China agrees to formation of global sovereign debt ’roundtable’ – IMF chief appeared first on Sri Lanka News - Latest Breaking Ne...
By Chaminda Silva Investigations conducted by relevant authorities have revealed that a significant number of foreigners, who come here to play in casinos, do not bring money as they make the required payments to their overseas agents. Therefore, the country does not receive foreign currency, inquiries have revealed. Sources said that arrangements had been made […]
Pakistani minister calls India’s Modi the ‘butcher of Gujarat’ after his counterpart accuses Pakistan of being an ‘epicentre of terrorism’. Pakistan’s Foreign Minister has called India’s Prime Minister the “butcher of Gujarat” after his counterpart accused his country of being the “epicentre of terrorism” as the nuclear-armed neighbours engage in a war of words at […]
Foreign travels of former English cricket commentator Brian Thomas have been barred pursuant to an order given by Colombo Additional Magistrate Harshana Kekunawala.
[…]The post Chasing The Mirage Of National Reconciliation appeared first on Colombo Telegraph.
By Easwaran Rutnam France, which is part of the Paris Club, is in talks with Sri Lanka’s creditors in an attempt to ensure a solution is reached for the financial crisis sooner than later. The newly appointed French Ambassador to Sri Lanka, Jean-François Pactet, told a select group of journalists last evening, that an immediate […]
By Hiran H. Senewiratne The CSE was volatile throughout yesterday and ended with a negative trend due to profit- takings. Shares edged- up in mid- market trade, pushed up by Expolanka, analysts said. “Bulk of the turnover, approximately 70 percent of the revenue contributions, were from Expolanka and Lanka IOC, analysts said. Expolanka had generated […]
Nawalapitiya Police have launched an investigation into a large-scale foreign employment racket in Ginigathena, Nuwara Eliya.
The overseas travel ban currently imposed on Samagi Jana Balawegaya (SJB) MP Diana Gamagae has been temporarily lifted by the Colombo Chief Magistrate's Court today (December 15).The post Diana Gamage’s travel ban temporarily lifted appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
One of the narratives that emerged from the recent G-20 Summit in Bali, Indonesia, was that Australia’s Prime Minister Anthony Albanese had demonstrated the success of Australia’s unsubmissive approach to China by securing a face-to-face meeting with Chinese President Xi Jinping. By refusing to yield to China’s belligerence and economic coercion, Canberra has earned Beijing’s […]
Chinese maritime militia vessels posing as fishing boats are edging closer to Palawan as part of a ploy to restrict access by Filipinos to key areas in the West Philippine Sea (WPS), according to a maritime law expert. Jay Batongbacal, a maritime law professor at the University of the Philippines, on Wednesday said the Chinese […]
The United States is planning to announce new sanctions against Russia and China on Friday, targeting human rights violations in both countries, the Wall Street Journal newspaper reported, citing sources. The report said part of the restrictions will be related to the Global Magnitsky Act, a law that authorizes the US government to sanction foreign […]
China has removed six officials from Britain – including one of its most senior UK diplomats – two months after violence at its Manchester consulate. The UK had requested the officials waive their right to diplomatic immunity to allow detectives to question them about October’s incident. Foreign Secretary James Cleverly expressed his disappointment that none […]
By Shamindra Ferdinando Environment Minister Nazeer Ahamed told an all-party conference chaired by President Ranil Wickremesinghe, at the Presidential Secretariat, on Tuesday (13), that the Muslims were opposed to the re-merger of the Eastern and Northern Provinces. The former Chief Minister of the Eastern Province said, responding to several lawmakers, including Sri Lanka Muslim Congress […...
The military wants to prove its innocence on allegations related to the war and ensure justice if anyone committed a crime, Foreign Minister Ali Sabry said. He said that a situation has arisen where some military divisions are not considered for UN operations. The Foreign Minister said that Sr Lanka has taken into consideration the […]
Sri Lanka is expecting loans of up to $5 billion next year from multilateral agencies besides a deal with the IMF, the foreign minister told Reuters, adding that the government could raise up to $3 billion through the restructuring of state assets.The post Exclusive: Sri Lanka expects up to $8 billion more in loans, asset restructuring appeared first on Sri Lanka News - Latest Breaking News in Sri...
Sri Lanka is expecting loans of up to USD 5 billion next year from multilateral agencies besides a deal with the IMF, Foreign Minister Ali Sabry told Reuters, adding that the government could raise up to USD 3 billion through the restructuring of state assets.
Sri Lanka will miss the December deadline set by the International Monetary Fund (IMF) to secure board approval for financial assistance. State Minister of Finance Shehan Semasinghe said Sri Lanka is working hard to complete the required process by early next year. He that Sri Lanka is yet to receive financial assurances from its bilateral […]
Sri Lankan President Ranil Wickremesinghe said that new laws are expected to be introduced in the future to ensure food security and plans are being made to present the related bills to parliament soon.The post National policy would be introduced to ensure food security – President appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
Regular revelations, pertaining to high profile scams that had undermined revenue collection, underline the pathetic failure on the part of Parliament to ensure financial discipline. The Central Bank, five-member Monetary Board, Cabinet of Ministers and Parliament as an institution should accept the responsibility for the current crisis. The likes of Bandula Gunawardena continue to pursue […...
Sri Lanka recently received a stock of rabies vaccines from the German Federal Ministry of Economic Cooperation and Development. Health Minister Keheliya Rambukwella, on Dec. 12, received stocks worth Rs 81 mn, symbolically, from Nicolas Lamade, who heads the Sri Lanka project, funded by Germany. Informed sources told The Island that Sri Lanka sought rabies […]
By Hiran H. Senewiratne The CSE yesterday commenced the week on a positive note as retail favourites continued to strengthen on improved sentiment. But shares slipped in mid- market trade due to profit- takings, stock market analysts said. During the day profit- takings were noted after the market showed some positive stance after having performed […]
The 79th birthday of Venerable Galaboda Gnanissara Thera, the Chief Incumbent of the Gangaramaya Temple, popularly known as Podi Hamuduruwo falls on the 14th of December and the temple has organised a series of Pinkamas to mark the occasion. As a part of these events sanghika dana will be offered to 250 bhikkus and 150 […]
[…]The post Sooka Paid A Significant Sum In Legal Costs & Compensation By Pro-GOSL Sinhalese UK Activist appeared first on Colombo Telegraph.
By N Sathiya Moorthy Addressing the graduation ceremony at the Defence Services Command and Staff College (DSCSC) recently, President Ranil Wickremesinghe, who is also the nation’s Supreme Commander, said that being economically strong was extremely important in the current strategic environment. In the same vein, he said that the reforms that he has initiated in […]
WSO2, a global leader in digital transformation technologies, today announced that it is on track to close this financial year with 30% year-over-year (YoY) growth. Contributing to customer adoption was WSO2’s participation in several of the world’s most influential tech and software development conferences visited by over 500,000 industry experts in 2022. More than 800 […]
Opposition Leader Sajith Premadasa gave English lessons in Parliament today. He gave the lesson during an exchange of words between him and State Minister Shehan Semasinghe. Premadasa corrected the State Minister on the pronunciation of the word ‘restore”. Shehan Semasinghe used the word when speaking about the economic crisis in the country. Premadasa told the […]
Sri Lanka’s most diversified conglomerate, Hayleys PLC, consolidated its position as a national leader of financial reporting, sustainability reporting and good governance, winning a total of 14 awards across the Group, including the coveted ‘Cyril Gardiner Memorial Trophy’ Gold Award for Overall Excellence in Corporate Reporting at the recently concluded CA Sri Lanka TAGS Awards [R...
Sri Lanka has sought to engage with the G20 during India’s presidency. Sri Lanka’s High Commissioner to India Milinda Moragoda met with the Chief Coordinator for India’s G20 Presidency for 2023, Harsh Vardhan Shringla in New Delhi. The discussion especially focused on various avenues through which Sri Lanka could engage with the G20 during India’s […]