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- colombotelegraph.com - Category : Breaking News - Relavancy : 1.0

[…]The post Why Should We Beg IMF? – When More Than $36 Billion To Be Recovered appeared first on Colombo Telegraph.

- colombogazette.com - Category : Breaking News - Relavancy : 1.0

US Republican Party, Grand Old Party (GOP) Presidential candidate Nikki Haley has said that if voted to power, she will cut every cent in foreign aid for countries that hate the US. This includes China, Pakistan and other adversaries as “a strong America doesn’t pay off the bad guys”. “I will cut every cent in foreign aid for countries […]

- colombogazette.com - Category : Breaking News - Relavancy : 1.0

Vietnamese airlines have to temporarily postpone the resumption of air routes to China until late April or May to wait for China’s next decisions about the allowance of its tourists to Việt Nam, according to the Civil Aviation Authority of Việt Nam (CAAV). In mid-February, China announced the reopening of tours to 20 countries, excluding […]

- colombogazette.com - Category : Breaking News - Relavancy : 1.0

  A Uyghur refugee from China’s Xinjiang region died of alleged police neglect this month at the Bangkok Immigration Detention Center, raising concerns about the treatment of the more than 50 Uyghur refugees who have been held at the center since 2014. The victim was Abdulaziz Abdullah, 49. His son, Muhammad Abdullah, who lives in […]

- colombogazette.com - Category : Breaking News - Relavancy : 1.0

Pakistan’s government has agreed to increase the policy interest rate which stands at 17 per cent by two per cent or 200 basis points to meet another condition set by the International Monetary Fund (IMF), The Express Tribune reported. With the new decision, Pakistan has accepted another pre-condition of the IMF for the release of […]

- colombogazette.com - Category : Breaking News - Relavancy : 1.0

Pakistan’s federal budget deficit projection has been revised to history’s highest at Rs6.22 trillion, highlighting the unending fiscal woes that have pushed the country into a debt trap despite putting an additional burden of Rs735 billion on people in the current fiscal year. The revision has been made in light of recent talks with the […]

- colombogazette.com - Category : Breaking News - Relavancy : 1.0

Sri Lanka has taken a policy decision to switch to nuclear energy, Cabinet Spokesman Bandula Gunawardena said. He said that Cabinet approval has already been given to consider nuclear energy as an alternative to meet Sri Lanka’s future energy needs. In accordance with that decision, a steering committee and 09 action committees had been appointed […]

- adaderana.lk - Category : Breaking News - Relavancy : 1.0

The Sri Lanka Bureau of Foreign Employment (SLBFE) and the Ministry of Labour and Foreign Employment have signed an agreement with the Japan International Training Cooperation Organisation (JITCO).

- colombogazette.com - Category : Breaking News - Relavancy : 1.0

Hatch has joined forces with Draper Startup House to unveil Colombo’s first-ever co-living space. The space marks the first phase of Hatch’s strategic partnership with Draper Startup House, and was officially opened by Silicon Valley billionaire investor Tim Draper during his recent visit to Sri Lanka. Through this initiative, Hatch serves to encourage digital nomad […]

- colombogazette.com - Category : Breaking News - Relavancy : 1.0

The Russian Foreign Ministry said in a statement that the G20 is destabilized by the collective West and is used in an anti-Russian, purely confrontational manner. The United States, the EU and the G7 continue their attempts to isolate Russia and shift the blame for the provoked problems in international security and the global economy […]

- colombogazette.com - Category : Breaking News - Relavancy : 1.0

Maritime safety and security within the Indian Ocean are set to increase and will benefit Seychelles as two centres dealing with and coordinating maritime information exchange signed a memorandum of understanding (MoU) on Tuesday. The MoU was signed by the director of the Seychelles-based Regional Coordination Operations Centre (RCOC), Sam Gonthier, and done virtually by […]

- colombotelegraph.com - Category : Breaking News - Relavancy : 1.0

[…]The post Sri Lanka’s Two Challenges: Economic Recovery & Political Devolution  appeared first on Colombo Telegraph.

- onlanka.com - Category : Breaking News - Relavancy : 1.0

The International Finance Corporation (IFC), the World Bank’s investment arm, said it will provide Sri Lanka with a $400 million cross-currency swap facility to help fund essential imports.The post World Bank’s IFC to provide Sri Lanka with $400 million financing appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.

- colombogazette.com - Category : Breaking News - Relavancy : 1.0

The International Finance Corporation (IFC) is to provide $400 million to three of Sri Lanka’s leading national banks to help facilitate imports of essential goods. IFC said it will support the private sector with critical financing, contributing to the country’s urgent need to stabilize the economy. Sri Lanka has been facing its worst economic crisis […]

- onlanka.com - Category : Breaking News - Relavancy : 1.0

The Monetary Board of the Central Bank of Sri Lanka has decided to reduce mandatory sale of export proceeds/receipts and inward workers’ remittances of commercial banks with effect from February 27, 2023.The post Sri Lanka’s Central Bank reduces mandated forex sales by banks to 15% appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.

- colombotelegraph.com - Category : Breaking News - Relavancy : 1.0

[…]The post Selling Our Troubles In Bankrupt Times – Sri Lanka’s Anarchism appeared first on Colombo Telegraph.

- colombotelegraph.com - Category : Breaking News - Relavancy : 1.0
- colombotelegraph.com - Category : Breaking News - Relavancy : 1.0

[…]The post  Annamalai & His ‘Year-Long March’ – What For? appeared first on Colombo Telegraph.

- island.lk - Category : Breaking News - Relavancy : 1.0

Sri Lanka Telecom Group (SLT Group), the National ICT Solutions Provider, posted impressive overall growth with annual revenue surpassing Rs 100 Bn once again, recording Rs 108 Bn for the financial year 2022. This resulted in the Group recording a revenue increase of 5.2% for the financial year 2022, strengthened by a healthy bottom line […]

- colombotelegraph.com - Category : Breaking News - Relavancy : 1.0

[…]The post The Partnership Between NPP & JVP Must Be Emboldened appeared first on Colombo Telegraph.

- island.lk - Category : Breaking News - Relavancy : 1.0

China Daily: Sri Lanka is set to receive its first group of post-pandemic Chinese tourists after becoming one of the first 20 countries to resume the organization of outbound group tourists from China since COVID-19. Their flight will depart from the Shanghai Pudong International Airport on March 3. “We are expecting Chinese tourists to come […]

- island.lk - Category : Breaking News - Relavancy : 1.0

By Saman Indrajith SBJB MP Harsha de Silva said that he had asked the Gotabaya Rajapaksa administration to seek IMF assistance in 2020. “At that time a U.S dollar was selling at Rs 200. The interest rates were around six percent. Inflation was around six percent. The situation is completely different today. Our interest rates […]

- colombogazette.com - Category : Breaking News - Relavancy : 1.0

By Noah Berman A wave of darkness engulfed Pakistan on January 24 as its aging power grid strained to meet the country’s demand for electricity. The massive outage was the latest in a series of blackouts that have become a chronic symptom of Pakistan’s ailing and climate-vulnerable economy, under duress from devastating natural disasters, a colossal […]

- island.lk - Category : Breaking News - Relavancy : 1.0

By Sanath Nanayakkare The prospects for lightening the debt burden of low-income countries such as Sri Lanka will become clearer at the G20 meeting to be held in Bengaluru, President Ranil Wickremesinghe said in Colombo on Tuesday. He said so referring to the G20 Finance Ministers and Central Bank Governors meeting under the G20 Indian […]

- colombogazette.com - Category : Breaking News - Relavancy : 1.0

The Government today defended its relations with China and other countries saying it will maintain a “multi-aligned” foreign policy. Foreign Minister Ali Sabry said that Sri Lanka cannot anger any country, be it the US, Europe or China. He noted that China has always defended Sri Lanka in the international arena. “Some said that China […]

- onlanka.com - Category : Breaking News - Relavancy : 1.0

Pakistan and Sri Lanka are getting close to securing bailouts from the International Monetary Fund after taking a series of steps including tax increases to boost their beleaguered economies.The post Sri Lanka and Pakistan close in on IMF deals after raising taxes – report appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.

- onlanka.com - Category : Breaking News - Relavancy : 1.0

The International Monetary Fund (IMF) remains hopeful of Sri Lankan authorities securing financing assurances from all its bilateral creditors soon, so that the Fund’s Executive Board could give its nod to unlock the envisaged US$ 2.9 billion bailout package to support the crisis-hit economy, a top IMF official said.The post IMF remains hopeful of Sri Lanka securing all financing assurances soon t...

- island.lk - Category : Breaking News - Relavancy : 1.0

COYLE annual diplomats’ evening: The Chamber of Young Lankan Entrepreneurs (COYLE), consisting of a membership of over 120 entrepreneurs and highly recognized business entities, hosted their annual evening of open discussion and networking with the diplomatic community in Sri Lanka. Foreign Minister, Ali Sabry was invited as the chief guest who delivered an impassioned and […]

- news.lk - Category : Breaking News - Relavancy : 1.0

According to President Ranil Wickremesinghe, the current tax policy in Sri Lanka is not a normal tax policy, but rather a rescue operation. He warned that if this process is disrupted, Sri Lanka will not be able to join the International Monetary Fund (IMF) program and may lose the opportunity to do business with foreign countries.

- colombogazette.com - Category : Breaking News - Relavancy : 1.0

Sri Lanka today sought international support to expedite a response from the International Monetary Fund (IMF) on funding and assistance. Foreign Minister Ali Sabry briefed the Head of Missions of the Paris Club member nations and the HOM of India at the Foreign Ministry today. The Governor of the Central Bank, Nandalal Weerasinghe, Treasury Secretary […]

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