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The International Monetary Fund (IMF) has noted progress in Sri Lanka’s economic reforms program. An IMF mission team led by Messrs. Peter Breuer and Masahiro Nozaki visited Colombo from June 20 to 30, 2022 to discuss IMF support for Sri Lanka and the authorities’ comprehensive economic reform program. Ms. Anne-Marie Gulde-Wolf, Deputy Director of the […]
- IMF says talks with Sri Lanka make significant policy progress (Category: Breaking News)
- IMF seeks stability to resume talks with Sri Lanka (Category: Breaking News)
- IMF team arrives in Sri Lanka to evaluate economic reforms (Category: Breaking News)
- IMF decides to support Sri Lanka overcome economic crisis (Category: Breaking News)
Litro Gas Lanka, Sri Lanka’s national LPG provider has denied claims made over the salary structure of its staff. Muditha Peiris, Chairman / CEO of Litro Gas Lanka said the company has been severely impacted by rising global LPG prices, foreign currency fluctuations and not increasing prices of LPG in Sri Lanka in keeping with […]
- Muditha Peiris appointed Litro Gas Chairman (Category: Breaking News)
- Muditha Peiris appointed Chairman of Litro Gas (Category: Breaking News)
- Muditha Peiris appointed Chairman of Litro Gas (Category: Breaking News)
- Video: COFFEE STUDIO WITH MUDITHA AND ISHI II 2022-05-29 (Category: Video)
Six protesters arrested by police while army personnel have tried to disrupt a protest demanding Rajapaksa step down
- BASL to take legal action against President’s Order declaring High Security Zones (Category: Breaking News)
- Public mistrust of govt and law enforcement will have dire consequences  BASL warns (Category: Breaking News)
- BASL calls for independent probe into recent surge in fatalities involving police (Category: Breaking News)
- BASL condemns attacks on journalists, & calls for action against police officers for attacks (Category: Breaking News)
President Rajapaksa government has accused Qatar Charity of funding terrorism activities and frozen its accounts.
- Qatar Charity reopens Sri Lanka office (Category: Breaking News)
- Qatar ready to assist Sri Lankan development - Emir assures President (Category: Breaking News)
- Qatar Emir to visit Sri Lanka (Category: Breaking News)
- Chemical Move (Category: Business)
The International Monetary Fund (IMF) team that concluded their visit to Sri Lanka said that they had constructive and productive discussions with the Sri Lankan authorities on economic policies and...Click on the headline to read the full story
The talks with Sri Lankan authorities made Âsignificant progress on defining a macroeconomic and structural policy package, the mission team of the International Monetary Fund (IMF) said in a statement issued upon concluding its visit to the island nation.
No staff level agreement yet, creditor assurances needed
- IMF notes progress in Sri Lanka’s economic reforms program (Category: Breaking News)
- IMF staff plans to visit Sri Lanka August 24-31 (Category: Breaking News)
- IMF agreement with Sri Lanka must depend on key conditions: US senate committee (Category: Breaking News)
- IMF delegation to visit Colombo next week (Category: Breaking News)
Awards are given for research and fund unit trusts
- Shari’ah Compliant Equities (Category: Breaking News)
- US$ 35 m development bond issue opens (Category: Business)
- Asia Capital appoints Stephan to its Board (Category: Business)
- Hayleys wins USAID Global Development Alliance Award for Sri Lanka (Category: Breaking News)
"We need to bounce back and bounce back fast,” said Cooray.
- Debt moratorium for COVID-19 affected businesses individuals extended by six more months (Category: Breaking News)
- Eviction And Foreclosure Moratorium On Federally-Backed Mortgages Extended Through January 2021 (Category: USA, South Dakota)
- Eviction And Foreclosure Moratorium On Federally-Backed Mortgages Extended Through January 2021 (Category: USA, South Dakota)
- Eviction And Foreclosure Moratorium On Federally-Backed Mortgages Extended Through January 2021 (Category: USA, South Dakota)
Sri Lanka’s ongoing economic crisis is “utterly complicated. Coming months will be very tough,” he said.
- Sri Lanka opposition move to express parliament’s dissatisfaction with president defeated (Category: Breaking News)
- Sri Lanka cabinet approves proposed 21st amendment to constitution (Category: Breaking News)
- Sri Lanka constitutional reforms won’t be in effect till next parliament: opposition leader (Category: Breaking News)
- Sri Lanka ruling party MP Ranjith Bandara appointed COPE chair (Category: Breaking News)
The World Bank would extend further support after reaching an agreement with the International Monetary Fund, the World Bank’s Country Director for Sri Lanka Faris Hadad-Zervos says.The post World...Click on the headline to read the full story
- MF Doom, masked rapper known for complex lyrics, dies at 49 (Category: USA, Maryland)
- MF Doom, masked rapper known for complex lyrics, dies at 49 (Category: USA, Iowa)
- MF Doom, masked rapper known for complex lyrics, dies at 49 (Category: USA, Maine)
- MF Doom, masked rapper known for complex lyrics, dies at 49 (Category: USA, Mississippi)
Worst crisis in modern times
- Sri Lanka dreams of dollarized tourism Macau in Mannar (Category: Breaking News)
- Sri Lanka railways seek forex from scrap metal amid currency crisis (Category: Breaking News)
- Sri Lanka inflation tops 60-pct in July 2022 after money printing (Category: Breaking News)
- Sri Lanka seeks loan from Qatar to import oil amid soft-peg instability (Category: Breaking News)
China had talks with Investment Promotion Minister Dhammika Perera today on promoting Chinese projects in Sri Lanka. Ambassador Qi Zhenhong met with Perera and exchanged views on enhancing economic and trade cooperation, promoting Chinese invested projects in Sri Lanka as well as other topics of mutual interests, the Chinese Embassy in Colombo said. A gazette notice […]
- Dhammika Perera gets BOI, Port City and Lotus Tower (Category: Breaking News)
- Dhammika Perera gets Rakna Arakshaka Lanka (Category: Breaking News)
- Ranil takes over institutions allocated to Dhammika (Category: Breaking News)
- Dhammika Perera to enter Parliament (Category: Breaking News)
A Canadian court has dismissed a constitutional challenge over Ontario’s proclamation of Tamil Genocide Education Week — concluding that its purpose is purely “educative.” In a case that cast a spotlight on tension between diasporas, several Sinhalese-Canadian groups took Ontario to court for designating the seven-day period each year ending May 18 — the date […]
- Pak Army committed genocide in Bangladesh in 1971, says new resolution tabled in US House (Category: Breaking News)
- Police fire tear gas on IUSF protest near Education Ministry (Category: Breaking News)
- SLPP Pradeshiya Sabha member Jagath Samantha arrested (Category: Breaking News)
- Case against Russia’s Aeroflot airline dismissed (Category: Breaking News)
The World Bank would extend further support after reaching an agreement with the International Monetary Fund, the World Bank s Country Director for Sri Lanka Faris Hadad-Zervos says.
By Anjana Pasricha NEW DELHI — In Colombo, Sri Lanka’s capital, a sprawling port city showcased as a financial hub to rival Dubai is being set up on 269 hectares of land dredged from the sea. It is the latest of the huge Chinese-funded infrastructure projects in the island country that include a port and […]
- Perils of Chinese Investment in Sri Lanka (Category: Breaking News)
- Chinese state-owned firm to build major Sri Lanka port complex (Category: Breaking News)
- Sri Lana PM laments unilateral termination of Japan, India-funded projects (Category: Breaking News)
- Sri Lanka should prevent Chinese vessel from reaching Hambantota port (Category: Breaking News)
Dhammika Perera has been backing successive government and held posts in some while running his businesses
- Cooperative sector contributes immensely to Sri Lanka per capita income - President (Category: Breaking News)
- Sri Lanka s dollar crisis reason behind tax increases  Dhammika Perera (Category: Breaking News)
- Former Sri Lanka BOI chairman appointed as Transport Secretary (Category: Breaking News)
- Sri Lanka shares fall for 2nd week; political, economic woes dent sentiment despite Perera’s boost (Category: Breaking News)
[…]The post The Politics Of History: Mahindapala’s Version appeared first on Colombo Telegraph.
- Why A Tamil Common Candidate In The Presidential Election? (Category: Breaking News)
- Ranil’s Presidency & The TNA’s Dilemma (Category: Breaking News)
- How Tamil Leadership Failed Sri Lanka (Category: Breaking News)
The President of the Human Rights Council, Ambassador Federico Villegas (Argentina), announced the appointment of Radhika Coomaraswamy of Sri Lanka to serve as a member of the International Commission of Human Rights Experts on Ethiopia. Ms. Coomaraswamy will join Kaari Betty Murungi of Kenya (chair) and Steven Ratner of the United States of America, who […]
- New resolution on Sri Lanka tabled in Geneva (Category: Breaking News)
- Constitutional Council approves 3 month extension given to IGP (Category: Breaking News)
- PUCSL Chairman says Kanchana taking “stupid” decisions (Category: Breaking News)
- Impunity in Sri Lanka to be raised at UN Human Rights Council (Category: Breaking News)
The United Kingdom (UK) says it recognises the economic challenges that Sri Lanka is facing. UK Foreign Office Minister Vicky Ford said the UK is closely monitoring the economic situation in Sri Lanka, including foreign exchange data reported by Central Bank of Sri Lanka and Sri Lankan authorities. In a written response to the UK […]
- UK in talks with Paris Club on Sri Lanka issue (Category: Breaking News)
- UK calls for inclusive approach to resolve crisis in Sri Lanka (Category: Breaking News)
- Maldives Speaker to coordinate relief assistance for Sri Lanka (Category: Breaking News)
- Boris Johnson speaks to Ranil about Putin’s barbaric invasion (Category: Breaking News)
Money for medicines allocated
- Bond Auction (Category: Business)
- ‘SL will implement home-grown solution’ (Category: Breaking News)
- Market Flavour (Category: Business)
- Seeking Direction (Category: Business)
Sri Lanka has been trying to improve its diplomatic relations with the US after rejecting MCC.
- Military probing UN experts claim (Category: Breaking News)
- Former Indian president to visit Sri Lanka (Category: Breaking News)
- Indian all party delegation due on April 17 (Category: Breaking News)
- Journalism diplomas awarded (Category: Breaking News)
Sri Lanka has sought a credit line from Qatar for fuel and gas. Energy Minister Kanchana Wijesekera met with the Deputy Director General of the Qatar Fund for Development today. He said he discussed a possible credit line facility for petroleum and gas. “Was informed that funds has been allocated for medical supplies and will […]
- Power crisis looms as Cabinet cancels coal tender (Category: Breaking News)
- Policy decision taken to switch to nuclear energy (Category: Breaking News)
- Sri Lanka seeks fuel from India on an urgent basis (Category: Breaking News)
- Fuel pass introduced to ensure weekly quota (Category: Breaking News)
Ceyline Travels, the travel arm of diversified marine services company Ceyline Group, is proudly representing Sri Lanka in the global travel and tourism arena by entering the International Travel Awards. The International Travel Awards is one of the most prestigious award ceremonies in the world that rewards businesses within travel, tourism, and hospitality industries worldwide. […]
- SLPP Pradeshiya Sabha member Jagath Samantha arrested (Category: Breaking News)
- Case against Russia’s Aeroflot airline dismissed (Category: Breaking News)
- Sri Lanka in talks with Russia to resolve Aeroflot issue (Category: Breaking News)
- Court fiscal officer interdicted over Aeroflot incident (Category: Breaking News)
At the G7 Summit today, President of the United States Joe Biden announced $20 million in additional assistance to strengthen food security in Sri Lanka. Building on other recent funding announcements from the United States, this newly posted assistance will target Sri Lankans most in need during the current economic crisis. The funding aims to […]
- US approves $120 million in new loans to support Sri Lankan economy (Category: Breaking News)
- US donates 3,000 metric tons of food to feed Sri Lankan school children (Category: Breaking News)
- Food insecurity in Sri Lanka likely to worsen (Category: Breaking News)
- India and Sri Lanka sign LOC deal for urea fertiliser (Category: Breaking News)
Sri Lanka’s Minister of Power and Energy Kachana Wijesekera says that he met with the Deputy Director-General of the Qatar Fund for Development (QFFD) and discussed a possible Credit Line facility...Click on the headline to read the full story
The cabinet has given the approval to re-initiate the operation effecting from July 01,2022
- Chennai-Jaffna flights to commence on Monday (Category: Breaking News)
- Chennai-Jaffna flights resume after nearly three years (Category: Breaking News)
- Passengers Stranded At Hartsfield Jackson Int'l Airport (Category: USA, Georgia)
- India, Maldives accused of reneging on commitments to Palaly, Ratmalana (Category: Breaking News)
The Central Bank of Sri Lanka (CBSL) has decided to liquidate five failed finance companies in accordance with applicable legal provisions. The Monetary Board of the Central Bank had established the Advisory Committee for Revival of Failed Finance Companies (Committee) in October 2021 to examine possible revival options for five (5) failed finance companies, i.e., […]
- Daulagala appointed new CBSL Deputy Governor (Category: Breaking News)
- Committee on Public Finance summons CBSL (Category: Breaking News)
- COPE proposes special Select Committee to probe economic crisis (Category: Breaking News)
- President orders review of Central Bank salary increase (Category: Breaking News)
Agriculture contracted 6.8 percent, industry shrank 4.7 percent but service grew 0.7 percent
- Nearly half of NYC residents not sold on getting COVID-19 vaccine, survey finds (Category: USA, New York)
- Nearly half of NYC residents not sold on getting COVID-19 vaccine, survey finds (Category: USA, New York)
- Nearly half of NYC residents not sold on getting COVID-19 vaccine, survey finds (Category: USA, New York)
- Nearly half of NYC residents not sold on getting COVID-19 vaccine, survey finds (Category: USA, New York)
After June 28, 2022, aircraft will have to carry their return fuel according to the CA notice to airmen (NOTAM)
- Sri Lanka jet fuel shortages costing SriLankan Airlines US$7mmn a month (Category: Breaking News)
- Sri Lanka invites capable companies to supply aviation fuel (Category: Breaking News)
- Sri Lanka relaxing CPC monopoly to end aviation fuel crunch: Minister (Category: Breaking News)
- Flight Capital (Category: Business)
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