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People’s Bank recently entered into an agreement with the National Investment Industrial Bank in Russia to facilitate anovel remittance mechanism that enables efficient and convenient fund transfers from Russia to accounts in Sri Lanka. According to this arrangement, beneficiaries in Sri Lanka, especiallyservice providers, exporters etc. will be able to receive fundsquickly and cost effectively. [...
[…]The post Erosion & Climate Change: Sri Lanka Is Adrift In The Indian Ocean appeared first on Colombo Telegraph.
The meet between US President Joe Biden and Chinese President Xi Jinping in the run-up to the recent Bali summit of the G20 countries has almost overwhelmingly attracted world attention and this is only to be expected, considering the importance to the world of the principal issues in US-China relations. However, of equal importance ought […]
Sri Lanka, India and several other countries abstained from voting on a draft resolution approved by the UN General Assembly that recognised that Russia must be responsible for making reparations to Ukraine.The post Sri Lanka, India abstain on UN resolution calling on Russia to make reparations to Ukraine appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
PALM BEACH, Fla. - Donald Trump, the only president impeached twice, launched a campaign to reclaim the Oval Office on Tuesday, two years after voters ousted him and a week after they rejected his hand-picked candidates in several pivotal Senate races.The post Former President Donald Trump launches 2024 presidential campaign appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ON...
Sri Lanka abstained from voting on a resolution at the UN General Assembly that calls for Russia to pay war reparations to Ukraine. India, Bangladesh, Bhutan, Brazil, Egypt, Indonesia, Israel, Nepal, Pakistan, South Africa and Sri Lanka were among the countries that abstained. The UN General Assembly yesterday (Monday) adopted the resolution that calls for […]
Sri Lanka President Ranil Wickremesinghe reiterated that whatever superpower enters the Indian Ocean, there should not be any threat to India.The post There shouldn’t be any threat to India despite presence of any superpower enter Indian Ocean – President appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
By MAHADIYA HAMZA ECONOMYNEXT – Sri Lanka’s tourism revival is facing a challenge in bringing in more high spending foreign visitors due to increasing protests locally while monetary tightening, impacts of Russian invasion into Ukraine, and rising inflation globally.The move is likely to slow the island nation’s recovery from the unprecedented economic crisis as it is […]
Sri Lanka President Ranil Wickremesinghe told the Parliament on Thursday (November 10) Sri Lanka won’t have a major issue with food security during next year, hopefully.The post Sri Lanka won’t have a major issue with food security during next year – President appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
We Sri Lankans seem to have a couple of character traits reposing in most persons, more particularly the Sinhalese, which seem never to die off. They are harboured across the board from the filthy rich to the disadvantaged and often exhibited in-country. One is short memories; two others are rank selfishness and dishonesty, yet another […]
Bankrupt Sri Lanka is caught up in a China-US battle. The situation has been further complicated by India, Japan and Australia becoming part of the US-led military alliance meant to counter China. The US-led grouping is hell-bent on enhancing its influence in Colombo as both parties woo lawmakers. Recent declaration by the ruling party that […]
[…]The post Need To Restrain The Power Of Shadow Finance appeared first on Colombo Telegraph.
Russia’s largest charter airline, Azur Air, arrived in Sri Lanka today. Flight ZF-1611 arrived at the Bandaranaike International Airport (BIA) this morning with 335 passengers. Azur Air is scheduled to operate on Thursday, Friday, Saturday, and Sunday from Vnukovo, Tolmachevo, Krasnoyarsk, and St. Petersburg, Russia. (Colombo Gazette)
Russian President Vladimir Putin has ordered the Government of Russia to increase the number of flights between Russia and friendly states, according to the Russian Embassy in Sri Lanka.
The first resuming flight of Russia s largest charter airline, Azur Air has arrived at the Bandaranaike International Airport (BIA) a short while ago, according to Ada Derana correspondent.
Russia s largest charter airline  Azur Air and the flag carrier of France  Air France, will resume flights to Sri Lanka starting from this week, according to Sri Lanka s Tourism Ministry.
Tamil Guardian asks: The UK policy, regarding mainly Sri Lankan Tamils held in Diego Garcia, is likely to remain unchanged. Some of those who reached Diego Garcia, home for the strategic US military base, over a year ago, have already been sent back “voluntarily” to Sri Lanka. They returned in the wake of the UK […]
[…]The post Indian-Israeli Involvement In Sri Lanka Is A Disaster appeared first on Colombo Telegraph.
[…]The post Bloodbath In The Politburo appeared first on Colombo Telegraph.
The shrinking value of the currencies of most developing economies is driving up food and fuel prices in ways that could deepen the food and energy crises that many of them already face, according to the World Bank’s latest Commodity Markets Outlook report.The post Currency depreciations risk intensifying global food, energy crisis – World Bank appeared first on Sri Lanka News - Latest Break...
Former President Maithripala Sirisena said on Sunday that the ongoing crisis in the country had been aggravated by the absence of a friendly foreign policy. Addressing a public rally in Polonnaruwa, Sirise-na said that a friendly foreign policy had existed during his tenure. He added that the decisions made during the last three years had […]
India’s Union Minister of State for Defence and Tourism Ajay Bhatt says Sri Lanka was in such a bad economic crisis that its security forces were unable to pay the nominal fees for training exercises in India. Bhatt, who was speaking at a session on ‘AatmaNirbharta in Defence R&D – Synergistic Approach’ at the DefExpo […]
Emphasising on the need to attain self-reliance, India’s Minister of State for Defence and Tourism Ajay Bhatt said Sri Lanka was in such a bad economic crisis that its security forces were unable to pay the nominal fees for training exercises in India.The post Sri Lankan security forces couldn’t pay training fees to India: MoS Defence appeared first on Sri Lanka News - Latest Breaking News in Sri ...
Investors are waiting for directions from budget policies - analysts
[…]The post ‘Make The Economy Scream’: Whither The Asian 21st Century? appeared first on Colombo Telegraph.
Sri Lanka’s internet freedom declined during the period of June 2021 to May 2022 due to Government attempts to repress online activities related to protests around the economic crisis, the Freedom on the Net report 2022 said. Prolonged powercuts in the early part of the year also impacted connectivity. In April 2022, the Government briefly […]
The Embassy of Sri Lanka in Moscow has secured a long-term Credit Line from the Government of the Russian Federation in order to procure fuel to Sri Lanka, the embassy said.The post Sri Lanka secures a long-term Credit Line from Russia to procure fuel appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
Sri Lanka has secured a long-term credit line from the Government of the Russian Federation, the Embassy of Sri Lanka in Moscow said. The Embassy said that on the 17th October 2022, a productive discussion was held with the Russian Government on the possibility of obtaining a long term credit line in order to procure […]
The Embassy of Sri Lanka in Moscow announced that a productive discussion was held with the Russian Government on the possibility of obtaining a long term credit line in order to procure fuel to Sri Lanka.
The 11-days that India’s External Affairs Minister (EAM) S. Jaishankar allocated for his recent visit to the United States (US) to attend the 77th session of the United Nations General Assembly (UNGA) and numerous other multilateral and bilateral events were a sign of the increasing confidence and assertiveness that India is now displaying on the […]