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Foreign Minister Ali Sabry met Dr. Peter Ramsauer, Member of the Foreign Affairs Committee of the German Parliament in charge of bilateral relations with Sri Lanka at the Ministry of Foreign Affairs during his visit to Sri Lanka from 15 to 18 February 2023.
A humanitarian grant of USD 46 million has been granted from Japan to Sri Lanka. Secretary to the Ministry of Finance Mahinda Siriwardena and MIZUKOSHI Hideaki, the Ambassador of Japan, signed an Exchange of Notes to secure the humanitarian grant of USD 46 million. The purpose of the grant is to provide diesel to public […]
Japan has provided a humanitarian grant of USD 46 million to provide diesel fuel to public hospitals throughout Sri Lanka.The post Japan Grants USD 46 Million to Provide Diesel for Sri Lanka’s Hospitals appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
By Easwaran Rutnam India has proposed that licences be sold to its fishermen to enter Sri Lankan waters to catch fish. Foreign Minister Ali Sabry told Parliament today that the proposal had been put forward during talks held between Sri Lanka and India to resolve the fishing dispute. Sabry said that for Sri Lanka to […]
By Easwaran Rutnam India has proposed that licences be sold to its fishermen to enter Sri Lankan waters to catch fish. Foreign Minister Ali Sabry told Parliament today that the proposal had been put forward during talks held between Sri Lanka and India to resolve the fishing dispute. Sabry said that for Sri Lanka to […]
A humanitarian grant of USD 46 million has been granted from Japan to Sri Lanka. Secretary to the Ministry of Finance Mahinda Siriwardena and MIZUKOSHI Hideaki, the Ambassador of Japan, signed an Exchange of Notes to secure the humanitarian grant of USD 46 million. The purpose of the grant is to provide diesel to public […]
Japan has provided a humanitarian grant of USD 46 million to provide diesel fuel to public hospitals throughout Sri Lanka.The post Japan Grants USD 46 Million to Provide Diesel for Sri Lanka’s Hospitals appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
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 […]
The Secretary to the Ministry of Finance and the Ambassador of Japan today (22 Feb.) signed an exchange of notes for a grant of USD 46 million.
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.
Sports and online gaming exchange has gained massive popularity since enthusiasts began discovering easier and quicker ways to indulge in the thrill of wagering responsibly. Popular Bollywood celebrity actress Jacqueline Fernandez has now hopped onto the brand ambassador bandwagon for the well known and widely trusted brand: FairPlay. Of Sri Lankan origin, Jacqueline has predominantly […]
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...
By C. A. Chandraprema We now live in a digital world dominated by the social media, where information or disinformation coming through our mobile phones has more to do with forming public opinion than the plainly visible and palpable reality and well-established facts and data. Sri Lanka recently marked the 75th Anniversary of its Independence in […]
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 […]
By Rathindra Kuruwita Sri Lanka had to pay over USD 2.6 billion to foreign creditors, in 2023 as loan repayments and interest, Cabinet Spokesman Bandula Gunawardena told the media on Tuesday. Addressing the post-Cabinet Press conference, Gunawardena said that around USD 2.1 billion dollars would be spent on debt repayment and USD 504 million on interest. The […]
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.
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 […]
Delivering the keynote speech at the Tax Forum 2023 today (21), President Ranil Wickremesinghe,said that 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 […]
Veteran banker, Faizal Salieh, has been appointed as the new Chairman of the Securities and Exchange Commission of Sri Lanka (SEC). He has been appointed to the post with effect from 20 February 2023. Salieh served as the Chief of Corporate and Merchant Banking at ANZGrindlays Bank; COO of NDB; Executive Director/CEO of NDB Housing […]
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Minister of Foreign Affairs Ali Sabry recently met with Dr. Peter Ramsauer, Member of the Foreign Affairs Committee of the German Parliament in charge of bilateral relations with Sri Lanka.
Sri Lanka is tangled in the worst financial crisis in over seven decades, triggered by a severe shortage of foreign exchange that forced the country to annouce a suspension of foreign debt repayments in April 2022.
Faizal Salieh assumed duties as the Chairman of the Securities and Exchange Commission of Sri Lanka (SEC), with effect from 20 February 2023.
Sri Lanka is tangled in the worst financial crisis in over seven decades, triggered by a severe shortage of foreign exchange that forced the country to annouce a suspension of foreign debt repayments in April 2022.The post Sri Lanka to make $2.6 billion in loan repayments in first half of year appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
The Export-Import Bank of China has provided Sri Lanka with a debt extension, China’s Foreign Ministry said on Monday, noting that China is willing to negotiate a medium- and long-term debt disposal plan with the country in a friendly manner, and do its best to promote Sri Lanka’s debt sustainability.The post China already offers Sri Lanka debt extension: Chinese Foreign Ministry appeared first on...
Continues to contribute positively to Sri Lanka amidst unprecedented challenges The Board of Directors of Nestlé Lanka, 20 February 2023, approved results for the fourth quarter and full year ended 31 December 2022. Sharing his thoughts on the results, Jason Avanceña, Managing Director of Nestlé Lanka said “It gives me immense pride to witness the […]
President Ranil Wickremesinghe stated that an Economic Commission will be formed as early as possible to approve investment opportunity in order to provide more opportunities to local and foreign investors. The President also stated that it has the potential to significantly boost the country’s economy. President Ranil Wickremesinghe made these remarks today at the opening […]
The apparel industry is at risk following the electricity tariff hike, the Joint Apparel Association Forum (JAAF) said. The Public Utilities Commission (PUCSL) granted approval to a 66% electricity tariff hike effective 15th February 2023, resulting in exponential increases in costs in the apparel industry, which in turn threatens the continuity of operations, competitiveness and […]
The Export-Import Bank of China has provided Sri Lanka with a debt extension, China s Foreign Ministry said on Monday, noting that China is willing to negotiate a medium- and long-term debt disposal plan with the country in a friendly manner, and do its best to promote Sri Lanka s debt sustainability.