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[…]The post A Tale Of Shifting Sentiments & Political Chess appeared first on Colombo Telegraph.
[…]The post Ramayana Trail – The Sacred Mission appeared first on Colombo Telegraph.
WB: Sri Lanka needs ‘robust and credible structural reforms’ Poverty in Sri Lanka has increased over the past four years, from 11 percent in 2019 to 26 percent in 2024, and the country needs ‘robust and credible structural reforms,’ says the latest report released by the World Bank. The WB report, titled ‘Sri Lanka Development […]
[…]The post How Long Can The People Be Fooled? appeared first on Colombo Telegraph.
Indian HC Santosh Jha yesterday (10) explained how the worldwide Covid-19 epidemic and the ongoing Russia-Ukraine conflict had enhanced the Indo-Lanka ‘relationship.’Addressing the India-Sri Lanka Defence Seminar at the Taj, Jha said: “Like in other areas, we are cooperating closely on security and defence matters. Because of our geography, our security is interlinked and intertw...
India has offered defence hardware and software to Sri Lanka with India saying it looks forward to strengthening its defence cooperation with Sri Lanka. Speaking at the India – Sri Lanka Defence Seminar, the High Commissioner of India to Sri Lanka, Santosh Jha said that India looks forward to working with Sri Lanka to take […]
[…]The post India & Sri Lanka: Identifying New Opportunities & Forging New Bonds appeared first on Colombo Telegraph.
The ban on vehicle imports to Sri Lanka is likely to be lifted in 2025, State Minister of Finance Ranjith Siyambalapitiya, State Minister of Finance Ranjith Siyambalapitiya said. The ban was imposed during the economic crisis to prevent Sri Lanka’s foreign reserves from depleting. The ban was later relaxed for certain sectors, especially the tourism […]
Sri Lanka has earned over USD 1 million from tourist arrivals so far in Sri Lanka this year. Tourism Minister Harin Fernando said that 635,784 tourists visited Sri Lanka during the first three months of this year. He said that Sri Lanka earned USD 1,025 million during this period. Sri Lanka has seen a boom […]
Sri Lanka and Estonia convened the inaugural bilateral political consultations at senior official level in Colombo. The consultations focused on consolidating bilateral relations and identifying new areas for cooperation between the two countries. Potential for both public and private sector collaborations in ICT and e-governance was the high point of the discussion as Estonia is […]
Sri Lanka’s economy is projected to see moderate growth of 2.2% in 2024, showing signs of stabilization, following the severe economic downturn of 2022. But, the country still faces elevated poverty levels, income inequality, and labor market concerns, says the World Bank’s latest bi-annual update. The Sri Lanka Development Update, Bridge to Recovery, highlights that […]
By Shamindra Ferdinando Against the backdrop of Speaker Mahinda Yapa Abeywardena’s quite belated (but better late than never) public confirmation of external interventions in Aragalaya, that led to the overthrow of President Gotabaya Rajapaksa’s government in mid-July 2022, former cashiered Flying Officer Keerthi Ratnayake, with a never-say-die attitude even when odds are overwhelmingly stacked ag...
Sri Lanka’s economy is projected to see moderate growth of 2.2% in 2024, showing signs of stabilization, following the severe economic downturn of 2022. But, the country still faces elevated poverty levels, income inequality, and labor market concerns, says the World Bank’s latest bi-annual update.The post Sri Lanka’s economy shows signs of stabilization, but poverty to remain elevated ̵...
By Ifham Nizam More women reported that they were not aware of job opportunities in the tourism sector, a study conducted by Australia’s Market Development Facility (MDF) in collaboration with the Sri Lanka Tourism Alliance (SLTA) reveals. According to the study, 44% of the 453 respondents said a male member of the family, father or […]
Sri Lanka still faces elevated poverty levels, income inequality, and labor market concerns, says the World Bank’s latest bi-annual update. The World Bank also said that Sri Lanka’s economy is projected to see moderate growth of 2.2% in 2024, showing signs of stabilization, following the severe economic downturn of 2022. Released today, the Sri Lanka Development […]
[…]The post Politics Behind Economic Recovery appeared first on Colombo Telegraph.
[…]The post Exploring Interfaith Dialogue & Cooperation: Sri Lanka’s Religious Landscape appeared first on Colombo Telegraph.
Sri Lankan President Ranil Wickremesinghe emphasizes the necessity of a new economic reform program for the country’s economic recovery.The post Sri Lanka President stresses vitality of new Economic reforms for country’s recovery appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
President Ranil Wickremesinghe participating in a friendly discussion organized by the ‘United Youth Union’ on the theme ‘Future of our Youth’ in Polonnaruwa on Saturday (23), stressed the necessity of a new economic reform program for the country’s economic recovery. He requested for collective support from all citizens to prevent the next generation from inheriting […]
[…]The post Economic Realities & Political Promises appeared first on Colombo Telegraph.
By Rathindra Kuruwita The Sri Lankan government was going to great lengths to suppress those who criticise unsolicited and disastrous Indian projects and interventions in Sri Lanka, Education Secretary of the Frontline Socialist Party (FSP), Pubudu Jayagoda said on Friday, addressing a press conference in Colombo. Jayagoda said that on 20 March members of the […]
Alhambra Hotels commemorates five decades of unwavering dedication to hospitality excellence today. What began as a visionary endeavor by founding Chairman Mr. Jabir A. Cader, a prominent businessman, has evolved into a cornerstone of Colombo’s hospitality landscape. Originally envisioned as a modern cinema, the venture transformed with the changing tides, capitalizing on the burgeoning tour...
[…]The post Why The Sri Lankan Rupee Is Appreciating appeared first on Colombo Telegraph.
[…]The post Is It Religious Extremism & Propagated For What? appeared first on Colombo Telegraph.
The Asian Development Bank (ADB) has approved a $100 million loan to provide small and medium-sized enterprises (SMEs) in Sri Lanka more access to finance and build their resilience to external shocks, such as the economic crisis and climate change. “SMEs play a critical role in Sri Lanka’s economy, contributing 52% to the country’s gross […]
The Asian Development Bank (ADB) has approved a $100 million loan to provide small and medium-sized enterprises (SMEs) in Sri Lanka more access to finance and build their resilience to external shocks, such as the economic crisis and climate change.The post ADB approves $100 million loan to support SMEs in Sri Lanka appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
By Rathindra Kuruwita Sri Lankan environmental groups are intensifying their campaign against the proposed Adani wind farm in Mannar. They have accused the Sri Lankan political parties of having ignored the the disastrous environmental, social and economic implications of the Adani wind farm to be established in Mannar. Prominent among the senior environmentalists and scientists […]
Peter Breuer, Chief of IMF Mission to Sri Lanka has claimed that the Sri Lankan economy is showing signs of progress. The monetary and fiscal measures like tax increases and particularly the debt moratorium may have resulted in giving some breathing space for the country to recover from the period of extreme hardship caused by […]
[…]The post Suspension Of Parate Execution Won’t Do; Establish Bad Bank To Resolve Issue Permanently: Dr. Anil Baddevithana appeared first on Colombo Telegraph.
By Neville Ladduwahetty During President Ranil Wickremesinghe’s India visit in July 2023, five Memorandums of Understanding (MOU) were signed by India and Sri Lanka to establish physical connections between the two countries. This was followed more recently by the launch of the Unified Payments Interface (UPI) – a mechanism that claims to reduce the cost […]