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Bank of Ceylon, bringing forth its innate commitment towards Sri Lanka, introduces “BOC My Sri Lanka” Foreign Currency Fixed Deposit account that offers attractive incentives to the account holder while encouraging them to enhance the country’s foreign currency position. The immediate purpose of this initiative is to facilitate the collaborative effort of enhancing the country’s [̷...
[…]The post Aiyo Sirisena! Cut Out The Bluff! appeared first on Colombo Telegraph.
China’s government on Friday confirmed it is offering Sri Lanka a two-year moratorium on loan repayments as the Indian Ocean island nation struggles to restructure $51 billion in foreign debt that pushed it into a financial crisis.The post China confirms two-year debt moratorium offer for Sri Lanka appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
The Government has defended the event held in Kandy for the presentation of the credentials by a group of foreign envoys. Eleven newly appointed Ambassadors and six High Commissioners to Sri Lanka presented their credentials to President Ranil Wickremesinghe last afternoon (02) at the Presidential Palace in Kandy. New Ambassadors had been appointed to Cote […]
China today (Feb. 03) confirmed that its Export-Import Bank is offering Sri Lanka a two-year moratorium on loan repayments.
Sri Lanka’s international bondholders group was prepared to engage with the island nation’s authorities in debt restructuring talks consistent with the parameters of the IMF Programme, their legal adviser, White & Case LLP, said.The post Sri Lanka bondholders ready for debt restructuring talks with authorities appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News...
Chinese Foreign Ministry Spokesperson Mao Ning has replied to comments made by Under Secretary of State for Political Affairs of the United States, Victoria Nuland.The post China responds to Victoria Nuland’s comment on Debt Relief to Sri Lanka appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
A total of 150 motorcycles, 74 vehicles and 115 pieces of search equipment have been handed over to the Sri Lanka Police by Japanese State Minister for Foreign Affairs, Takei Syunsuke.
[…]The post Review Of Dr W.A Wijewardena’s Book ‘A Child’s Guide To Ranilnomics, Cryptos & Currency Boards’ appeared first on Colombo Telegraph.
[…]The post Sri Lanka: Surviving The 75th Year Of Independence appeared first on Colombo Telegraph.
State Minister for Foreign Affairs and Pakistan People s Party leader Hina Rabbani Khar will undertake a two-day visit to Sri Lanka from today (03 Feb.).
China has hit back at the remarks made by US Under Secretary of State for Political Affairs, Victoria Nuland that the terms extended by China to Sri Lanka to unlock IMF debt relief remain insufficient.
Labour and Foreign Employment Minister Manusha Nanayakkara said that the country’s foreign income from those involved in foreign employment is expected to increase to US$ 1 billion this year.The post Worker remittances to top US$ 1 Billion this year – Minister appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
[…]The post Why Are The Structural Changes Necessary? appeared first on Colombo Telegraph.
The Paris Club of creditor nations is ready to provide financing assurances to Sri Lanka, a key step needed to unlock a $2.9 billion bailout by the International Monetary Fund (IMF), two sources with direct knowledge of the matter told Reuters. The informal group of bilateral lenders is set to announce its support to the […]
India’s Minister of State for External Affairs V Muraleedharan will pay a two-day visit to Sri Lanka beginning Friday, in reflection of deeper bilateral engagement at a time the island nation is reeling under an economic crisis. Muraleedharan is scheduled to meet Sri Lankan President Ranil Wickremesinghe and Foreign Minister Ali Sabry. The trip by […]
[…]The post Seventy Five Years Of Independence Or Curse appeared first on Colombo Telegraph.
The Paris Club of creditor nations is ready to provide financing assurances to Sri Lanka, a key step needed to unlock a $2.9 billion bailout by the International Monetary Fund (IMF), two sources with direct knowledge of the matter told Reuters.The post Paris Club to give Sri Lanka financing assurances amid IMF debt talks – sources appeared first on Sri Lanka News - Latest Breaking News in Sr...
The Colombo Stock Exchange (CSE) announced that the market will be closed at 12.00 noon on Friday, 03rd February 2023.
The All Share Price Index (ASPI) of the Colombo Stock Exchange gained 72.37 points to close at 9,022.38 points at the end of trading today (February 02).
[…]The post Rally The People, One Nation, One Call Free Sri Lanka: Independence Day 2023 appeared first on Colombo Telegraph.
The Galle Port Police has initiated investigations into a complaint received yesterday (Feb. 01) with regard to the sudden death of two foreign sailors aboard a vessel on international waters.
Neither the Cardinal, Bishops nor any representative from Sri Lanka’s Catholic Church would participate in the 75th Independence Day celebrations, on Saturday (February 04), as it is a ‘crime’ and waste of funds that is being committed against the citizens of Sri Lanka, Spokesman for the Archdiocese of Colombo, Rev. Fr. Cyril Gamini Fernando stated.The post Sri Lanka’s Catholic Church to boy...
By Sanath Nanayakkare Small and medium exporters want the Central Bank (CBSL) to give them greater leeway on converting advance payments, they receive from their foreign clients, for confirmed export orders, into rupees. “Under the existing export repatriation guidelines, we are required to convert such advance payments, into Sri Lanka rupees, within a time frame […]
Minister of Foreign Affairs Ali Sabry has assured that the establishment of a truth-seeking mechanism and a new security legislation, replacing the controversial Prevention of Terrorism Act (PTA), is in the stage of being finalised.
Minister of Foreign Affairs Ali Sabry today (01 Feb.) met with US Under Secretary for Political Affairs, Victoria Nuland.
Pakistan is gripped by a major economic crisis, with the rupee plummeting, inflation soaring and energy in short supply as IMF officials visit to discuss a vital cash injection.The post ‘We’ll end up like Sri Lanka’: Pakistan stares at economic collapse as IMF visits appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
Nepal’s Minister for Foreign Affairs Dr Bimala Rai Paudyal will visit Sri Lanka to participate in the 75th Independence Day functions. Foreign Minister Paudyal is making the visit at the invitation of her Sri Lankan counterpart MUM Ali Sabry, according to the Ministry of Foreign Affairs (MoFA). In Colombo, Minister Paudyal is scheduled to meet […]
Bangladesh Foreign Minister, Dr. A.K. Abdul Momen, will deliver the Lakshman Kadirgamar memorial lecture at Block 3, Jasmine Hall, BMICH, on February 03, at 6 pm. The LTTE assassinated the then Foreign Minister, Kadirgamar, on Aug. 12, 2005. FM Momen will deliver the annual lecture on the invitation of the Lakshman Kadirgamar Institute of International […]