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By N Sathiya Moorthy The series of protests that political parties and public servants have threatened over the coming days, weeks and months has the potential of making Sri Lanka into a virtually ungoverned nation into an ungovernable country. In turn, this can have consequences for the much-needed economic recovery, which hinges on the triple […]
Sri Lanka, the ‘pearl of Indian Ocean’, will soon make a comeback as a popular destination for Indians, the Indian media quoted travel companies in India as saying. Indians shelled out nearly $10 billion in overseas travel in the first nine months of the ongoing fiscal, more than any full financial year, the Times of […]
Sri Lanka, the ‘pearl of Indian Ocean’, will soon make a comeback as a popular destination for Indians, the Indian media quoted travel companies in India as saying. Indians shelled out nearly $10 billion in overseas travel in the first nine months of the ongoing fiscal, more than any full financial year, the Times of […]
The Sri Lanka Medical Association (SLMA) and the Expert Committee on Tobacco, Alcohol and Illicit Drugs have warned against the government move to legalise cannabis. It has, in a letter addressed to the Secretary to the President, Saman Ekanayake, asked the government “to be extremely cautious when considering any form of legalising of cannabis – […]
Sri Lanka Telecom Group (SLT Group) posted an impressive overall growth with annual revenue surpassing Rs 100 bn once again, recording Rs 108 bn for the financial year 2022. This resulted in the Group recording a revenue increase of 5.2% for the financial year 2022, strengthened by a healthy bottom line of Rs 4,765 Mn […]
by Ram Manikkalingam Director, Dialogue Advisory Group Sri Lanka’s democracy is on a knife edge. When Gotabaya Rajapaksa fled his post, Ranil Wickremesinghe became acting president. And then he got officially elected to the post of President with the support of the Rajapaksas in parliament. Whatever our political views about Wickremesinghe, he did follow the […]
by Ram Manikkalingam Director, Dialogue Advisory Group Sri Lanka’s democracy is on a knife edge. When Gotabaya Rajapaksa fled his post, Ranil Wickremesinghe became acting president. And then he got officially elected to the post of President with the support of the Rajapaksas in parliament. Whatever our political views about Wickremesinghe, he did follow the […]
[…]The post Alternatives To The IMF & The Future Of The Welfare State: Beyond The Blame Game Between Superpowers appeared first on Colombo Telegraph.
The Presidential Secretariat will shortly issue a circular restricting senior state officials, including the President’s and the Prime Minister’s Secretaries from using business class travel on overseas official trips.The post No business class travel for top Government officials appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
The International Monetary Fund is considering approving Sri Lanka’s bailout even without the formal assurance of debt-restructuring support from China, the nation’s biggest bilateral creditor, according to people familiar with the discussions.The post IMF said to discuss Sri Lanka loan approval even as China stalls appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA New...
By Easwaran Rutnam Germany has sought Sri Lanka’s support for a resolution at the United Nations against Russia, a visiting German MP said. Speaking to a group of journalists after wrapping up a visit to Sri Lanka, German MP Dr. Peter Ramsauer said that he raised the issue with President Ranil Wickremesinghe. The European Union […]
By I A Ramesh As Sri Lanka negotiates with bilateral creditors on debt restructuring to avail of the IMF package, the promise and perils of a geopolitically significant developing nation navigating the growing strategic rivalry in the Indo-Pacific region has become apparent. Earlier in August 2022, the docking of the Chinese satellite tracking vessel Yuan […]
[…]The post A Painted Ship In A Painted Ocean appeared first on Colombo Telegraph.
A special delegation from Israel visiting Sri Lanka has assured the Minister of Labour and Foreign Employment Manusha Nanayakkara, that their country will offer 2000 job opportunities for female caregivers from Sri Lanka, this year.
The International Monetary Fund is considering approving Sri Lanka’s bailout even without the formal assurance of debt-restructuring support from China, the nation’s biggest bilateral creditor, according to people familiar with the discussions. Under a rarely used policy on lending into official arrears, the IMF may consider approving Sri Lanka’s loan because China’s assurance is the only prerequi...
Lihini Seafoods, Sri Lanka’s award-winning seafood exporter with over two decades of experience, has officially launched its Lihini Frozen Range of products at selected LAUGFS supermarkets giving local customers the chance to enjoy the freshest seafood made to international standards. Lihini Frozen Range includes an exciting range of high-quality frozen sea food such as fish, […]
A special delegation from Israel visiting Sri Lanka has assured the Minister of Labour and Foreign Employment Manusha Nanayakkara, that their country will offer 2000 job opportunities for femalecaregivers from Sri Lanka, this year.
Israel has agreed to recruit 2000 female caregivers from Sri Lanka this year, the Ministry of Labour and Foreign Employment said. A special delegation from Israel visiting Sri Lanka had assured the Minister of Labour and Foreign Employment Manusha Nanayakkara, that their country will offer 2000 job opportunities for female caregivers from Sri Lanka, this […]
The beautiful island nation Sri Lanka, also known as ‘the pearl of the Indian ocean’, has been going through its toughest economic crisis since its independence in 1948. Another victim of the vicious ‘debt-trap diplomacy’, Sri Lanka has seen significant growth in Chinese influence in the recent past. While the entire world witnessed the tragedies […]
By Shamindra Ferdinando Rebel SLPP MP Prof. G.L. Peiris says that the recent resignation of Justice Minister Wijeyadasa Rajapaksa, PC, and Foreign Minister Ali Sabry, PC, from a ministerial subcommittee inquiring into procurement of coal for Lakvijaya coal-fired power plant complex at Norochcholai revealed the failure on their part to take tangible action against corruption. […]
The electricity tariff hike will have a devastating impact on exporters and others who are involved in the real economy, Chairperson of Sri Lanka United National Businesses Alliance (SLUNBA), Tania Abeysundara says. She said yesterday that Sri Lankan manufacturers were already at a disadvantage in competing with their fellow South Asian counterparts. With the latest […]
Sri Lanka and India will sign a pact to link their power grids and start negotiations on an upgraded trade agreement within two months, a Sri Lankan diplomat said on Wednesday, as the island nation seeks a way out of its worst economic crisis in decades.The post Sri Lanka, India to sign power grid linking pact within two months – envoy appeared first on Sri Lanka News - Latest Breaking News ...
[…]The post Qualified Candidates Essential For System Change appeared first on Colombo Telegraph.
[…]The post PAYE Tax; Will There Be A Mass Exodus? appeared first on Colombo Telegraph.
[…]The post Warning Signal To RW’s Transformation Agenda appeared first on Colombo Telegraph.
India is drafting a proposal for G20 countries to help debtor nations badly hit by the economic fallout from the pandemic and Ukraine war, by asking lenders including China, the world's largest sovereign creditor, to take a large haircut on loans.The post Exclusive: G20 host India to propose China, other creditors take haircuts on loans – sources appeared first on Sri Lanka News - Latest Bre...
A leading transport service in Lithuania plans to recruit 600 truck drivers for its trans-Europe services and sought Prime Minister Dinesh Gunawardena’s intervention for a speedy training process for selected drivers. This request was made by Dana Janerikaite, Senior Director of Manvesta in Lithuania, who called on Prime Minister Gunawardena at Temple Trees on February […]
Civil society grouping Direction Sri Lanka has said that the country required an Independent National Planning Commission. The following is the text of a statement issued by Direction Sri Lanka: “It is the considered position of Direction Sri Lanka that the neglect of evidence-based national planning in the Country now for over four decades has […]
Debt-stricken Sri Lanka is fast-tracking efforts to seal a stalled trade pact with Thailand in order to boost trade and tourism, and improve the foreign currency shortage that has led to its worst economic crisis, a government minister said on Tuesday.The post Sri Lanka to fast-track trade pact with Thailand amid crisis appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA...
By Hiran H. Senewiratne Sri Lanka does not have a proper port management system and this drawback causes tremendous delays when dealing with documentation. It will not serve the purpose even if the government expands port operations, Minister of Ports, Shipping and Aviation Nimal Siripala de Silva said. “The government should not regulate the shipping […]