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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 […]
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 […]
Six protesters arrested by police while army personnel have tried to disrupt a protest demanding Rajapaksa step down
President Rajapaksa government has accused Qatar Charity of funding terrorism activities and frozen its accounts.
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
Awards are given for research and fund unit trusts
"We need to bounce back and bounce back fast,” said Cooray.
Sri Lanka’s ongoing economic crisis is “utterly complicated. Coming months will be very tough,” he said.
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
Worst crisis in modern times
A civic group, Rastriya Ekata Abhiyan has staged a protest against China for expanding the wire fence within no-man’s land in Gorkha and encroaching into Nepali territory in the north. Dozens of protestors who marched towards the parliament decried Beijing’s move of erecting illegal structure at Ruila border of Chumanubri Rural Municipality-1 in Gorkha district. […]
The recent visit of the UN rights chief Michelle Bachelet to China could be a golden chance to investigate the human rights situation in areas like Xinjiang and Tibet and to hold Beijing accountable for its abuses against Uyghurs and Tibetans, but it seems that the first visit of the right body chief turned out […]
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 […]
The accounts of a famous market analyst on Chinese social media have been deactivated after he highlighted the country’s catastrophic economic downturn and the consequences of government policy on the IT industry in recent weeks, as per the media portal. China has been silencing everyone who speaks either against the country’s stern COVID policies or […]
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 […]
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.
Isolated and neglected, Pakistan’s Gilgit-Baltistan, the northern-most part of Kashmir under its control, could become a future battle-ground for the world powers to compete. For one, it borders China and local politicians in GB, among them, Chairman of Karakoram National Movement, Mumtaz Nagri has expressed fear that Pakistan may cede GB to China on lease […]
New Delhi [India], June 24 (ANI): China last week blocked a joint proposal by India and the US to list Pakistan-based terrorist Abdul Rehman Makki as a global terrorist under the Al-Qaeda Sanctions Committee of the Security Council. India and the US earlier in June proposed to list Pakistan-based terrorist Abdul Rehman Makki under the […]
London [UK], June 24 (ANI): The Democratic Forum (TDF) during a seminar discussed the politicisation of water and referred to the need for China to take responsibility for developing a more consensual approach to water in the Himalayan region. “China refuses to participate in multilateral forums surrounding transport boundary water use; instead, it negotiates through […]
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 […]
Dhammika Perera has been backing successive government and held posts in some while running his businesses
[…]The post The Politics Of History: Mahindapala’s Version appeared first on Colombo Telegraph.
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 […]
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 […]
Ireland gave world number one side India a scare in the second Twenty20 but fell agonisingly short of a first victory over the tourists. A second-wicket partnership of 176 between Deepak Hooda (104) and Sanju Samson (77) – a world T20 record – helped India to a formidable 225-7. But the hosts gave chase with […]
Money for medicines allocated
Sri Lanka has been trying to improve its diplomatic relations with the US after rejecting MCC.
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 […]