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Sri Lanka's key inflation rate rose to 1.5% in October from 1.3% a month ago, the statistics department said on Tuesday.The post Sri Lanka’s key inflation rate rises to 1.5% in October appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
Ms. Anna Bjerde, Managing Director for Operations of the World Bank, and Martin Raiser, Regional Vice-President of the World Bank for South Asia, conducted a field visit to the Climate Smart Farmer Training School in Thirappane yesterday (29).
The Managing Director for Operations of the World Bank, Ms. Anna Bjerde and Martin Raiser, the Regional Vice-President of the World Bank for South Asia, conducted a field visit to the Climate Smart Farmer Training School in Thirappane on Sunday (29).
[…]The post Current State Of Sri Lankan Economy, According To Dhananath Fernando appeared first on Colombo Telegraph.
[…]The post The Interplay Of Climate Change & Water Shortages In Sri Lanka’s Ecosystems appeared first on Colombo Telegraph.
[…]The post Isn’t It Time For Sri Lanka To Expel Israelis? appeared first on Colombo Telegraph.
Sri Lanka Vanithabhimana, an awards programme aimed at empowering the remarkable women of Sri Lanka, proudly returns for its fourth consecutive instance this year, jointly organised by NDB Bank and Sirasa News 1st. The awards programme has gained a reputation as a prestigious platform that spotlights the incredible contributions of women from diverse fields, including […]
Banking consultant Ravi Abeysuriya has passed away. With a proven track record of establishing and managing several Financial Sector Institutions in Credit Rating, Investment Research Outsourcing, Investment Banking, Stock Broking and Asset Management, Abeysuriya possessed over several decades of hands-on practical experience and broad knowledge of financial market operations in Sri Lanka. He was ...
A 54-year-old man who headed a financial institution that had not been approved by the Central Bank was arrested on Thursday for defrauding 9.9 billion rupees.The name of the unauthorised financial company is Eyon Lanka Investment and Film Production International Company (Pvt.) Limited. The suspect was arrested by officers of the Financial and Commercial Crime […]
A man has been arrested for operating a financial institute without a license from the Central Bank of Sri Lanka (CBSL), the police said.
[…]The post Unelected Team At The BRI Forum: Speaking From Both Sides Of Mouth appeared first on Colombo Telegraph.
The U.S. Ambassador to Sri Lanka Julie Chung has reinforced the need for fairness in Sri Lanka's debt restructuring, in her meeting with the Governor of the Central Bank of Sri Lanka (CBSL) Dr. Nandalal Weerasinghe today (October 25).The post U.S. Ambassador highlights need for fairness in Sri Lanka’s debt restructuring appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stori...
A special World Bank delegation led by Ms. Cecile Fruman – Director, South Asia Regional Integration and Engagement and Ms. Mandakini Kaul – Regional Coordinator, South Asia Regional Integration and Engagement visited the Port of Colombo recently for a policy dialogue meeting on regional cooperation in South Asia. The World Bank had organised this field […]
The Asian Development Bank (ADB) has agreed to provide USD 100 million for a new project set to be launched by the Sri Lankan government, titled the Small and Medium Enterprise Development Finance Project .
State Minister of Finance Ranjith Siyambalapitiya has warned that the Central Bank of Sri Lanka (CBSL) remains on high alert with regard to those commercial banks that are yet to reduce their interest rates.
Confusion confounded: By Jehan Perera President Wickremesinghe’s appointment of a commission of inquiry to investigate existing election laws and regulations and recommend changes has come without prior discussion or warning. It was a carefully kept secret until brought to the notice of the general public by the president’s appointment of the commission. The commission has […]
[…]The post Regular Elections Are The Foundation Of Democratic Society appeared first on Colombo Telegraph.
[…]The post Climate Change: A Red Flag For Environmental Security In Sri Lanka appeared first on Colombo Telegraph.
‘The Foreigners’ exhibition by the Museum of Modern and Contemporary Art Sri Lanka (MMCA Sri Lanka) closed on 22 October, after a successful six-month run at the museum located on the ground floor of Crescat Boulevard, Colombo 3. The show attracted 10,377 visitors, including 489 students from schools and higher educational institutes across the country. […]
As the fourth largest coconut-producing country in the world, Sri Lanka’s coconut industry is a key contributor towards Sri Lanka’s economy. As part of its efforts to develop Small and Medium Enterprises (SMEs) and build sustainable businesses, Union Bank through the “Kapruka Ayojana” Credit Line continues to uplift and support coconut cultivators with funding and […]
[…]The post Target 2048 – Growth Lab Experiment Should Be Converted From A Mere Wish To Ground Level Reality appeared first on Colombo Telegraph.
[…]The post The Cauldrons We Make appeared first on Colombo Telegraph.
The Ceylon Chamber of Commerce (CCC) has congratulated the Government of Sri Lanka for reaching a staff-level agreement on the first review of Sri Lanka’s Extended Fund Facility Arrangement (EFF) with the International Monetary Fund (IMF). “This agreement is set to grant Sri Lanka access to the second tranche, approximately US$330 million in financing, pending […]
The staff level agreement on the first review of the International Monetary Fund (IMF) programme will enable multilateral agencies to disburse remaining installments and help fast-track debt restructuring, State Minister of Finance Shehan Semasinghe said. “This was much needed to strengthen economic stability, and after the IMF’s executive board approves [it], Sri Lanka will receive […...
[…]The post Sri Lanka Needs A Planning Commission appeared first on Colombo Telegraph.
Sri Lanka has decided to continue to actively participate in the Belt and Road Initiative proposed by China. Issuing a joint statement, Sri Lanka reiterated that it will never allow any separatist activity against China on Sri Lanka‘s soil. The joint statement by China and Sri Lanka was issued following a visit to China by President Ranil Wickremesinghe […]
Controversial businessman Lalith Kotelawala, who was accused over the misappropriation of 26 billion rupees of investments from the failed Golden Key Credit Company, passed away today. The former Chairman of Ceylinco Consolidated and the founding Chairman of Seylan Bank, Deshamanya Deshabandu Jeewaka Lalith Bhupendra Kotelawala was 84-years-old at the time of his death. He passed away while [̷...
Sri Lankan businessman Lalith Kotelawala passed away at the age of 84 this morning (October 21).The post Lalith Kotelawala passes away appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
IMF staff and the Sri Lankan authorities have reached a staff-level agreement on economic policies to conclude the first review of the 48-month EFF-supported programme. Sri Lanka will have access to SDR 254 million (about 330 million U.S Dollars) in financing once the review is approved by the IMF Management and IMF Executive Board. Macroeconomic […]
A former club cricketer from Sri Lanka defrauded his employer in Australia for nearly $250,000 which he pumped into events featuring high profile international cricketers. Navishta ‘Nav’ Desilva, 35, stole money from Omnivision, a security and surveillance company, via a series of fake purchase orders and invoices purporting to buy CCTV cameras from a legitimate […]