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The Central Bank of Sri Lanka (CBSL) is hopeful that the International Monetary Fund (IMF) will be able to receive financial assurances from all of Sri Lanka s creditors pertaining to the island s debt restructuring plan in a very short period, Governor Dr. Nandalal Weearsinghe stated.
[…]The post Will India Be The Game Changer For RW? appeared first on Colombo Telegraph.
[…]The post A Sustainable Model To Curb Corruption appeared first on Colombo Telegraph.
Assistant General Manager of the Ceylon Electricity Board (CEB) Ronald Comester, the Additional Secretary to the Ministry of Power and Energy, Sugath Dharmakeerthi and the Chairman of the Public Utilities Commission of Sri Lanka, Janaka Ratnayake arrived at the Human Rights Commission this morning (January 25).The post Three officials arrive at Human Rights Commision of Sri Lanka over Power Cuts ...
The Sri Lanka Navy yesterday (24 Jan.) seized over 60 kilograms of Kerala cannabis on the beaches of the Analathivu Island in Jaffna.
China has handed over a total of 1.55 million syringes of Recombinant Human Erythropoietin Injection (Epiao) to Sri Lanka.
Any government which was detached from people's true aspirations cannot bring in economic recovery through measures such as imposing taxes, National People Power (NPP) leader Anura Kumara Dissanayake said yesterday.The post Government detached from people’s aspirations cannot bring in economic recovery – Anura appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLAN...
Assistant General Manager of the Ceylon Electricity Board (CEB) Ronald Comester, the Additional Secretary to the Ministry of Power and Energy Sugath Dharmakeerthi and Chairman of the Public Utilities Commission of Sri Lanka (PUCSL) Janaka Ratnayake arrived at the Human Rights Commission of Sri Lanka (HRCSL) a short while ago (25 Jan.).
The Chinese Embassy has clarified that a letter being widely circulated on social media since of late, claiming that China is unable to amortise Sri Lanka s debts, is not one that was officially issued by the Embassy.
Building on its promise to continuously add value for its customers, Airtel Sri Lanka unveiled the latest in its range of prepaid Unlimited Freedom Packs, delivering more value, more freedom and unlimited access to 6 of the most popular social media platforms among Sri Lankan youth. The newly introduced freedom unlimited pack, priced at just […]
The Ministry of Culture and tourism of China announced on 20 January 2023 that Sri Lanka will be included among the countries in its outbound tourism pilot programme which will commence from 6 February 2023.
A clean green city building program has been implemented in conjunction with the 75th National Independence Day celebration, entrusting the youth with the responsibility of creating a green Sri Lanka.
The Monetary Board of the Central Bank of Sri Lanka (CBSL) has decided to maintain the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) of the Central Bank at their current levels of 14.50% and 15.50%, respectively.The post Sri Lanka’s Central Bank holds policy interest rates at current levels appeared first on Sri Lanka News - Latest Breaking News in Sri L...
Sri Lanka’s gross official reserves stood at an estimated US dollars 1.9 billion by the end of 2022, the Central Bank of Sri Lanka said today. The bank said that the gradual improvement in workers’ remittances, together with the revitalisation of tourism, helped improve the external current account balance in recent months while easing excessive […]
By R. R. M. Lilani Even though Sri Lankan politics claim to be nonaligned, supportive of all countries, and prioritize Buddhism, on January 11, 2023, a number of Chinese diplomats and their Chargé d’affaires Hu Wei hurried to the Malwathu Chapter in Kandy and warned the high prelates not to host the Dalai Lama because […]
Sri Lanka’s highest national honour is to be conferred on former Speaker Karu Jayasuriya. President Ranil Wickremesinghe is to confer the ‘Sri Lankabhimanya’ on Karu Jayasuriya ahead of Independence Day. Issuing a gazette notice, the President’s Secretary said that President, Ranil Wickremesinghe will personally confer the honour on the recipient at a Ceremony of Investitur...
Four individuals wearing masks have completely dismantled and removed an ATM machine from a private bank on the Kandy Road in Gampola last night, police said.The post ATM machine stolen from a bank in Gampola appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
The Monetary Board of the Central Bank of Sri Lanka (CBSL) has decided to maintain the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) of the Central Bank at their current levels of 14.50% and 15.50%, respectively.
by Rohana R. Wasala First of all, let me express my sincere respects to Mr. D. L. Sirimanne, the writer of the interesting article entitled ‘Celebrating 75th Anniversary of Independence’ (The Island/Opinion/January 18, 2023). He struck me as a venerable old man, who, at 103 years of age, still thinks about the welfare of his fellow Sri […]
Wednesday 25th January, 2023 The SLPP and the UNP are trying every trick in the book to postpone the local government (LG) elections for fear of losing them. Their leaders are ready to do everything in their power to derail the mini polls scheduled to be held on 09 March. It is against this backdrop […]
USD 3 mn Japanese grant attached to ongoing project By Shamindra Ferdinando An agreement on the much advertised cash assistance, provided exclusively to paddy farmers by the Wickremesinghe-Rajapaksa government, was finalised several weeks before then President Gotabaya Rajapaksa stepped down on July 14, 2022 amidst violent protests. The Asian Development Bank (ADB) has provided the […]
By Saman Indrajith Interest rates could be relaxed with a cash infusion via the IMF, the Central Bank officials, including Governor Dr. Nandalal Weerasinghe, told the Committee on Public Finance (CoPF) recently. Dr. Weerasinghe said high interest rates had been adopted to limit growth to prevent the need for greater foreign exchange given the dwindling […]
Pioneering insurance provider Sri Lanka Insurance Corporation (SLIC) is set to spearhead yet another year of steady growth building on the momentum of a resilient 2022. The Company illustrated its strength recording a Gross Written Premium (GWP) of Rs 20.7 billion in the Life Insurance sector and Rs 20.5 billion in the General Insurance sector. […]
As a result of sheer negligence, Sri Lanka has ended up being categorized as a perpetrator of war crimes, and those who had fought for the country are mercilessly targeted. There cannot be a better example than Air Marshal Sumangala Dias who suffered due to Sri Lanka’s failure. Canada refused to accept Dias as Sri […]
38th National Junior Badminton Championships Savinaka Weerasekera of D.S. Senanayake College and Rashmi Mudalige of Gateway International School emerged Under-19 boys’ and girls’ champions respectively while Pulina Wellalage of St. Sebastian’s College, Moratuwa clinched a triple crown at the 38th National Junior Badminton Championships held in Colombo. At the annual event conducted by Sri Lanka [&...
In accordance with the concept of President Ranil Wickremesinghe to formally engage the youth in the country’s development, a clean green city building program has been implemented in conjunction with the 75th National Independence Day celebration, entrusting the youth with the responsibility of creating a green Sri Lanka. Accordingly, from February 3rd to 10th, cleaning […]
Minister of Power Energy Kanchana Wijesekera says 10 of the 33 coal cargos required for the Norochcholai Coal Power Plant have been unloaded thus far.
According to an article published by Daily Mirror, in 2020 alone, Sri Lanka has exported about 326 tons of sea urchins with China being the biggest buyer.[i] Going back as far as 2016, a sea leech hatchery was established by a Chinese joint venture company ‘Gui Lan (Pvt) Ltd’ centered on the northern peninsula to […]
The Parliament Committee on High Posts has approved the appointment of Chitranganee Wagiswara as Sri Lanka’s High Commissioner to Australia. Secretary General of Parliament Dhammika Dasanayake said that the Committee on High Posts approved the appointment of a new High Commissioner, an Ambassador and two Chairpersons. Accordingly, Ms. Chitranganee Wagiswara received the approval of the [R...
The brand that is synonymous globally with Christmas and the holidays, Coca-Cola brought the holiday cheer to every home in Sri Lanka by offering its clear glass tumbler free with every Classic Coke and Sprite PET bottle of 1.5 or 2 litres, until stocks last. To kick-start the holiday season and celebrate the spirit of […]