@2022 - All Right Reserved. Designed and Developed by Rev-Creations, Inc
48 results found in 1937 ms
Page 1 of 2
The new Sri Lankan Government is looking to enhance ties with Russia. The Ambassador of the Russian Federation to Sri Lanka Yury Materiy called on the newly appointed Minister of Foreign Affairs Ali Sabry at the Foreign Ministry. Congratulating Minister Sabry on his appointment, Ambassador Materiy handed over a message of felicitation from the Russian Foreign […]
Discussions centred on ways to increase trade volume, tourism, investment and shipping
ECONOMYNEXT –Sri Lanka will issue soft-liquor licenses to tourist hotels and restaurants under rules issued by President Ranil Wickremesinghe as Finance Minister, in a boost to tourism sector and government revenues. The new rules are effective from July 28.The beer and wine license will be issued by the Department of Excise following a recommendation from […]
The government has decided to issue soft liquor licenses to all hotels and restaurants registered with or identified by the Sri Lanka Tourism Development Authority (SLTDA), with a view to boost the tourism sector and increase state revenues.
Part of a 'flexible strategic' move to boost the tourism sector
Developments in Sri Lanka underline the risk of destabilising social and labour unrest throughout Asia-Pacific because of rising living costs impacting the region, S&P Global Market Intelligence said. Countries with similarly weak economic fundamentals and/ or poor economic policies have reduced resilience to external shocks, such as the COVID-19 pandemic, the Russia-Ukraine conflict, high oil...
By Rathindra Kuruwita Emergency regulations were against the Constitution of the Sri Lanka SLPP founding Chairman Prof. G.L Peiris told the media yesterday. That would boomerang on Sri Lanka in the United nations Human Rights Council (UNHRC) session in Geneva soon, he warned. Prof. Peiris said that due to the Emergency regulations approved by Parliament on […]
After helping Sri Lanka with an unprecedented assistance of around $4 billion since January as the country plunged into a deep economic crisis, India is now planning to invest heavily in newer sectors through both private and public firms there, Gopal Baglay, high commissioner of India to Sri Lanka, told ThePrint in an interview.The post Long-term investments in Sri Lanka are India’s plan to...
President Ranil Wickremesinghe would hold Defence, Finance and other Cabinet portfolios that have not been assigned so far, until the formation of an all-party government, ministerial sources told The Island yesterday. That would be in line with the Constitution, sources said, adding that there was no time bar for the President to hold such portfolios. The government […]
(REUTERS); Sri Lanka has asked China to help with trade, investment and tourism to help it grow sustainably, Colombo’s envoy to Beijing said on Monday as it negotiates for an emergency $4 billion package to help it emerge from an economic meltdown. The island nation of 22 million people is suffering its worst economic crisis […]Sri Lanka asks China for help with trade, investment and t...
Sri Lanka has asked China to help with trade, investment and tourism to help it grow sustainably, Colombo's envoy to Beijing said on Monday as it negotiates for an emergency $4 billion package to help it emerge from an economic meltdown.The post Sri Lanka asks China for help with trade, investment and tourism appeared first on ONLANKA News :. Sri Lanka Breaking News Updates - Sri Lanka Latest News...
Sri Lanka has asked China to help with trade, investment and tourism to help it grow sustainably, Colombo s envoy to Beijing said on Monday as it negotiates for an emergency $4 billion package to help it emerge from an economic meltdown.
The National Fuel Pass will be implemented islandwide from Tuesday (July 26) in Multiple locations at CEYPETCO & Lanka IOC filling stations, said Minister of Power and Energy Kanchana Wijesekera.The post National Fuel Pass: Implementation from July 26 – Only QR code based service from August 01 appeared first on ONLANKA News :. Sri Lanka Breaking News Updates - Sri Lanka Latest News.
The last digit number system for fuel is to be scrapped from 1st of August and only the fuel pass will be used, Energy Minister Kanchana Wijesekera said today. Wijesekera said that the national fuel pass will be implemented around the island from tomorrow (Tuesday 26th July) at multiple CEYPETCO and LIOC fuel stations. The […]
by Sean GLEESON and Amal JAYASINGHE (AFP) Lankan security forces demolished the main anti-government protest camp in the capital Friday, evicting activists in a pre-dawn assault that raised international concern for dissent under the crisis-wracked country’s new pro-Western president. Troops and police Special Task Force commandos wielding batons and armed with automatic assault rifles charged on ...
New Prime Minister Dinesh Gunawardene and an 18-member cabinet comprising previous ministers in their old portfolios were sworn on Friday with the only change being the exit for Foreign Minister GL Pieris who seconded Dalla Alahapperuma for President in Parliament on Thursday. Political circles expect President Wickremesinghe and his government to negotiate enlisting opposition party […]
GL out, Sabry in The new Cabinet of Ministers was sworn in yesterday before President Ranil Wickremesinghe at the Temple Trees.The Cabinet, which operated under Wickremesinghe when he was Prime Minister, remains unchanged, except the removal of Prof. G. L. Peris as the Foreign Minister. Ali Sabry, PC, has been made the Minister of Foreign […]
The new Cabinet of Ministers of the interim government took oaths before Sri Lankan President Ranil Wickremesinghe in the Prime Minister’s Office this afternoon (July 22).The post New Cabinet of Ministers takes oath before Sri Lanka’s President Ranil Wickremesinghe appeared first on ONLANKA News :. Sri Lanka Breaking News Updates - Sri Lanka Latest News.
ECONOMYNEXT – Sri Lanka President Ranil Wickremesinghe has appointed the following ministers into an interim cabinet without separate ministers for finance or defence.Dinesh Gunewardene – Prime Minister and Public AdministrationSusil Premayantha – EducationDouglas Devananda – FisheriesKeheliya Rambukwelle – HealthBandula Gunewardene – TransportMahinda Amaraweera...
The International Monetary Fund hopes to complete rescue talks with Sri Lanka “as quickly as possible,” Managing Director Kristalina Georgieva said on Wednesday, hours before the crisis-hit South Asian nation elected a new president. Speaking with Nikkei Asia in Tokyo, Georgieva said the fund was “very deeply concerned about the well-being of the people in […]
The International Monetary Fund hopes to complete rescue talks with Sri Lanka "as quickly as possible," Managing Director Kristalina Georgieva said on Wednesday, hours before the crisis-hit South Asian nation elected a new president.The post IMF hopes to complete Sri Lanka aid talks ‘as quickly as possible’ appeared first on ONLANKA News - Sri Lanka News - Latest News in Sri Lanka - Br...
Political analysts have predicted Acting President Ranil Wickremesinghe to be the forerunner in the presidential
Romesh Kaluwitharana – friend and fellow cricketer of late Australian international Hall of Fame cricketer Shane Warne, together with TTS Hospitality hosted the late cricketer’s brother Jason Warne and his family for a luncheon during their visit to Sri Lanka. The visit made to Sri Lanka upon the invitation of the former Minister of Tourism, […]
India will help Sri Lanka stage an “early and effective” economic recovery, Indian High Commissioner in Sri Lanka Gopal Baglay told The Indian Express. To that effect, India, which has helped Sri Lanka with almost $4 billion in aid would, “going forward,” like to bring in “more investment” to help the country build capacities to […]
[…]The post The Lost Revolution appeared first on Colombo Telegraph.
Inflation is expected to hit 70 per cent by the end of the year and experts warn SMEs will be the worst hit
In the midst of the unfolding crisis in Sri Lanka and its economic and political collapse, it has been forgotten that China is complicit in creating the present unrest. This fact needs to be recognized within Sri Lanka, where the people have taken it upon themselves to ‘reform’ the political system. While their mission is […]
Sri Lanka’s opposition leader, who is seeking the presidency next week, vowed Friday to “listen to the people” who are struggling through the island nation’s worst economic crisis and to hold accountable the president who fled under pressure from protesters.The post Sri Lanka’s opposition leader who is seeking the presidency sees tough work ahead appeared first on ONLANKA News - Sri Lanka Ne...
Abeyewardena made the announcement at a press conference held at his official residence Friday July 15.
Reiterating India’s support for Sri Lanka, Indian External Affairs Minister S Jaishankar said that the situation in the island nation is very sensitive and New Delhi is focusing on ways it can help Colombo economically at this time of need. Addressing a press briefing in Kerala, Jaishankar said, “The situation in Sri Lanka is very […]