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Leading Sri Lankan Political party, National People's Power (NPP) has issued its official message for May Day.The post May Day Message of the National People’s Power appeared first on Sri Lanka News | Breaking News & Top Stories in Sri Lanka | ONLANKA.
Sri Lankan President Ranil Wickremesinghe urged political parties to collaborate with the government in safeguarding the country’s economic stability by ensuring the success of the agreement with the International Monetary Fund (IMF).The post Sri Lanka President urges unity to safeguard economic stability amid IMF deal appeared first on Sri Lanka News | Breaking News & Top Stories in Sri Lanka...
President Ranil Wickremesinghe insisted that he is not a dictator and that he has taken steps to protect democracy. Speaking at the United National Party (UNP) May Day rally in Colombo, Wickremesinghe said that he has allowed all the political parties to stage May Day rallies across the country. He said that such freedom was […]
President Ranil Wickremesinghe called upon the Janatha Vimukthi Peramuna (JVP), the Samagi Jana Balavegaya (SJB) and other political parties to extend their support to the government in safeguarding the agreements forged with the International Monetary Fund (IMF).
We are celebrating the 138th International Workers' Day on the historical records written with blood, sweat, efforts and sacrifices of the working people.This time we are celebrating it at a critical moment when an unprecedented economic crisis in our history has created many challenges within the workplace.However, in the face of any agreement, we do not ignore the labour rights. We decide on the...
Over the last few decades China has not only become Africa’s largest trading partner, but is its biggest bilateral lender. In the last 15 years, trade between China and African nations reached $282.1 billion (in 2023). Out of these numbers, most of the exports to China were supplied by South Africa, Angola and the Democratic […]
The International Monetary Fund (IMF) wants Sri Lanka to work on governance issues and to also stick to the IMF supported program. Krishna Srinivasan, IMF Director of the Asia and Pacific Department noted that Sri Lankans faced a very difficult challenge when they embarked on the IMF program. “And so far, what we’ve seen is […]
A partnership between an Indian and a Russian firm has secured the management rights for the Mattala Rajapaksa International Airport in Hambantota. The airport, once infamous as the “world’s emptiest airport” due to minimal flight activity, is now under the purview of Shaurya Aeronautics (Pvt) Ltd of India and Airports of Regions Management Company of […]
Wednesday 1st May, 2024 Another International Workers’ Day has dawned. Grand preparations have been made in this country to celebrate it amidst an unprecedented economic crisis. These celebrations, however, have little or nothing to do with workers; they have apparently everything to do with political parties and their leaders. The next presidential election is only […]
Arespected law firm in New Zealand, when advertising positions for apprentice lawyers, tends to overlook applications from graduates who have not attended top-ranked institutions. Hence, it becomes crucial for universities to achieve international high rankings. Beyond scenarios like job searches, there are several reasons why a higher ranking holds significance for a university: https://www.adsci...
[…]The post Second Bid To Extricate From UNHRC Resolution Likely To Fail appeared first on Colombo Telegraph.
A leading Sri Lankan businessman, through his company Supreme Global Holdings, has entered the race to acquire the national carrier, SriLankan Airlines. The Expression of Interest (EOI) process, which concluded today, saw the surprising participation of Supreme Global, signaling a potentially transformative shift in the airline’s ownership and management. Supreme Global has formed a robust […...
A leading Sri Lankan businessman, through his company Supreme Global Holdings, has entered the race to acquire the national carrier, SriLankan Airlines. The Expression of Interest (EOI) process, which concluded today, saw the surprising participation of Supreme Global, signaling a potentially transformative shift in the airline’s ownership and management. Supreme Global has formed a robust […...
The Colombo International Tea Convention will be held from the 24th to the 26th July 2024, bringing together the biggest leaders and disruptors of the tea industry to inspire insightful conversation, hard hitting dialogue and fresh perspectives that will shape the future of Tea. The convention, freshly rebranded under the timely theme Tea: A Lifestyle […]
The Annual Economic Review and Financial Statements and Operations of the Central Bank for the Year 2023 points out that backtracking from the implemented and planned critical reforms will tip the economy to a state of instability. Thus, continuing with the broader political and social consensus on economic reforms will be critical to avoid recurring […]
[…]The post Foreign Debt Restructuring: Too Late & Too Short To Get Out Of The Debt Trap appeared first on Colombo Telegraph.
Efforts to attract international players to invest in Sri Lanka’s Oil and Gas exploration in the Mannar Basin have once again been gridlocked by legal challenges in the Court of Appeal. A statement noted that Sri Lanka’s efforts to attract and leverage international investment into exploration and commercialisation two blocks adding to over 5,000 square […]
[…]The post From Absurdities To Atrocities, Again? appeared first on Colombo Telegraph.
Sri Lanka’s efforts to attract and leverage international investment into exploration and commercialisation of two blocks adding to over 5,000 square kilometers with potential oil and gas resources in the Mannar Basin have once again been gridlocked by legal challenges in the Court of Appeal. According to the latest developments in the CA (Writ) Application […]
[…]The post American Chaos, Modi’s Heatwave & Ranil As Common Government Candidate appeared first on Colombo Telegraph.
Reuters says that Sri Lanka has decided to transfer management of its $209 million Chinese-funded airport to two companies from India and Russia, according to a statement from the cabinet on Friday.The post Sri Lanka turns to Indian and Russian companies to manage Chinese-funded Airport appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
A Chinese Communist Party delegation including the Deputy Minister of the Department of the International Affairs of the Chinese Communist Party had talks with National Peoples’ Power (NPP) leader Anura Kumara Dissanayake. The Chinese delegation consisted of Sun Haiyan, Deputy Minister of the Department of International Affairs of the Communist Party of China and member […]
A delegation, led by Sun Haiyan, Deputy Minister of the Department of International Affairs of the Chinese Communist Party, met with National People’s Power (NPP) leader Anura Kumara Dissanayake at the JVP head office this morning (April 23).The post Chinese Communist Party delegation meets Anura Kumara appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
[…]The post Justice Does Not Require A Mandate But A New Government appeared first on Colombo Telegraph.
[…]The post A Tale Of Shifting Sentiments & Political Chess appeared first on Colombo Telegraph.
[…]The post Palestine & Ukraine: Two More Nails In Imperialism’s Coffin? – Part II appeared first on Colombo Telegraph.
By Norman Palihawadana Archbishop of Colombo Cardinal Malcolm Ranjith yesterday (21) said the leaders of all faiths had joined the Galle Face protest campaign, but the Catholics had been singled out for criticism. Declaring that the protest campaign had been fueled by the economic crisis, the Cardinal emphasised that justice was yet to be served […]
[…]The post Debt, Divestiture & Discontent appeared first on Colombo Telegraph.
ECONOMYNEXT –The government is expecting to conclude all the transactions related to divestiture of State-Owned Enterprises (SOE) by August this year under an ambitious reform process, the government-led State-Owned Enterprises Restructuring Unit (SOERU) said. However, the divestiture of loss-making Srilankan Airlines is likely to be concluded by September, it said. The SOERU has already called [&...
ECONOMYNEXT –The International Finance Corporation (IFC), the World Bank’s investment arm emphasized the importance of the private sector engagement in the recovery of the crisis-hit Sri Lanka’s economic growth. Riccardo Puliti, the IFC’s Vice President for Asia and the Pacific said this when he met State Finance Minister Shehan Semasinghe and the island nation’s Central […]