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By Shamindra Ferdinando The Sri Lanka Institute of Directors (SLID) and Transparency International Sri Lanka (TISL) recently declared corruption as the root cause of Sri Lanka’s current political and economic crisis. The declaration was made in a statement titled, “SLID and TISL launch ‘Business Against Corruption’ Initiative” issued to the media after the two organisations […]
- Of Elections, Bond Scams & Money Politics: The Anatomy Of Default @75 (Category: Breaking News)
- Treasury bond scams: SJB drags Lotus Tower into ‘conflict’ as SLPP attacks ‘footnote’ gang (Category: Breaking News)
- Massive Corruption Scams Rock The Land Of The Mahatma (Category: Breaking News)
- Sri Lanka accelerates financial literacy drive amid scams (Category: Breaking News)
[…]The post War On China? – VI: India & The US: Forward Policy & The Brzezinskian Project appeared first on Colombo Telegraph.
- War On China? – III: Pivot To East (Category: Breaking News)
- To Be Or Not To Be (A US Military Base) (Category: Breaking News)
- Two Challenges: Economic Recovery, Political Devolution – II (Category: Breaking News)
- Sri Lanka’s Past Is Prologue For China (Category: Breaking News)
Sri Lanka is among the top 10 countries with the highest food price inflation. The latest World Bank assessment places Sri Lanka at number 5 among countries hardest hit by food price inflation. Lebanon is leading the list followed by Zimbabwe, Venezuela and Turkey. Iran, Argentina, Suriname, Ethiopia, and Moldova and behind Sri Lanka. The […]
- Sri Lanka records slight drop in inflation (Category: Breaking News)
- Sri Lanka’s July consumer inflation more than halves to 4.6% (Category: Breaking News)
- Sri Lanka still among 10 countries with highest food price inflation (Category: Breaking News)
- Emergency relief packages for children, mothers in Sri Lanka (Category: Breaking News)
Bangkok:External Affairs Minister S Jaishankar said on Thursday that the relationship between India and China is going through an “extremely difficult phase” after what Beijing has done at the border and emphasised that the Asian Century will not happen if the two neighbours could not join hands. Jaishankar made the remarks while responding to a […]
- India has done more for SL than IMF: Jaishankar (Category: Breaking News)
- India maintains ‘loud silence’ on Taiwan crisis, its ‘One China’ policy (Category: Breaking News)
- Minister Sabry praises India for being first country to support Lanka’s debt restructuring (Category: Breaking News)
- JVP Leader in India on invitation extended by Indian government (Category: Breaking News)
External Affairs Minister of India, Dr. S. Jaishankar said on Thursday that the relationship between India and China was going through an “extremely difficult phase” after what Beijing had done at the border and emphasised that the Asian Century would not happen if the two neighbours could not join hands.The post India has done its best to assist Sri Lanka – Jaishankar appeared first on ONLA...
- ‘The next time you want to take a holiday, go to Sri Lanka’ – Jaishankar to Indians (Category: Breaking News)
- India did more for Sri Lanka than IMF – Jaishankar (Category: Breaking News)
- Jaishankar conveys India’s commitment to increase investment flows to Sri Lanka to hasten econom... (Category: Breaking News)
- Sri Lanka expects financing assurances from China for IMF deal within days (Category: Breaking News)
India says it is prepared to support Sri Lanka to secure a deal with the International Monetary Fund (IMF). Indian External Affairs Minister S. Jaishankar said that India had done the best of its abilities to assist Sri Lanka. “This year alone India had extended $3.8 billion of support to Sri Lanka, including line of credits […]
- India tells world of support given to Sri Lanka (Category: Breaking News)
- India says it has supported the entirety of Sri Lanka (Category: Breaking News)
- Jaishankar says India helping Sri Lanka cope with crisis (Category: Breaking News)
- India tells IMF to clear the path for Sri Lanka (Category: Breaking News)
ByShamindra Ferdinando Sri Lanka hadn’t been able yet to convince Russia to resume Aeroflot flights and tourists from there to Sri Lanka suspended in the wake of the detention of SU 289 at the Bandaranaike International Airport (BIA) on the afternoon of June 02, authoritative sources said. Sri Lanka grappling with an unprecedented foreign exchange […]
- Consultant surgeon suggests airlifting of patients to NHSL from far-flung areas for emergency su... (Category: Breaking News)
- J’pura campus surrounded by Army like ‘uncleared area’ - SU (Category: Breaking News)
- Buddhist traditions guide our approach to economic and social policy making: President at MDG Su... (Category: Breaking News)
Thursday 18th August 2022 Speculation is rife that former President Gotabaya Rajapaksa is planning to return to Sri Lanka. The question, however, is not whether he is coming, but what he is doing overseas. The anti-government protesters who engineered his ouster called upon him to ‘go home’; they did not ask him to flee the […]
- Dullas: Ranil making same mistakes as Gotabaya (Category: Breaking News)
- Gota to return on Saturday? (Category: Breaking News)
- President at beck and call of Rajapaksas – Sajith (Category: Breaking News)
- Kiriella alleges tax concessions granted to GR’s election funders (Category: Breaking News)
Former Sri Lanka President Gotabaya Rajapaksa will return to Sri Lanka on August 24, says former Ambassador of Sri Lanka to Russia Udayanga Weeratunga.The post Gotabaya Rajapaksa will return to Sri Lanka on August 24 – Udayanga appeared first on ONLANKA News :. Sri Lanka Breaking News Updates - Latest News in Sri Lanka.
- Gotabaya will return to Sri Lanka on Aug 24- Udayanga Weeratunga (Category: Breaking News)
- Gotabaya Rajapaksa will return to Sri Lanka (Category: Breaking News)
- Gotabaya Rajapaksa applies for U.S. Green Card, looks to settle back in United States (Category: Breaking News)
- Gotabaya Rajapaksa and wife leave for USA (Category: Breaking News)
Former Ambassador to Russia Udayanga Weeratunga arrived at the CID to provide a statement with regard to the procurement of MiG-27 fighter jets to the Sri Lanka Air Force.The post Udayanga Weeratunga at the CID over MiG Deal appeared first on ONLANKA News :. Sri Lanka Breaking News Updates - Latest News in Sri Lanka.
- Gotabaya Rajapaksa will return to Sri Lanka on August 24 – Udayanga (Category: Breaking News)
- Udayanga questioned on MiG deal (Category: Breaking News)
- Udayanga Weeratunga arrives at CID (Category: Breaking News)
- Gotabaya will return to Sri Lanka on Aug 24- Udayanga Weeratunga (Category: Breaking News)
” Sri Lanka cannot do without IMF’s support. Having declared its inability to service its foreign debt, Sri Lanka is struggling to reach a consensus with lenders and the IMF. Two of Sri Lanka’s major creditors, India and China, locked horns over a port visit by a Chinese ship. Sri Lanka should be wary of […]
- Yuan Wang 5 triggers a moot point of contentious politics between India and Sri Lanka (Category: Breaking News)
- Chinese ship visit: Sabry contradicts Defence Ministry (Category: Breaking News)
- German research ship allowed Sri Lanka port call after Chinese-protest led clarification (Category: Breaking News)
- Lanka and India in ‘meeting of minds’ over security (Category: Breaking News)
“Fuel price revisions will take place again on September 01,” the ministry official said on Tuesday August 16.
- Sri Lanka increases fuel prices from August 31, 2023 (Category: Breaking News)
- Sri Lanka revises fuel prices from March 05, 2024 (Category: Breaking News)
- Flammable economy? (Category: Business)
- Sri Lanka revises fuel prices from July 31, 2023 (Category: Breaking News)
[…]The post Ripples In The Indian Ocean: Yuan Wang 5 & Easter Sunday 2019 appeared first on Colombo Telegraph.
- Pelosi’s Pivot As Cold War & Colonialism Rebound: Blue-Greenwash In The Indian Ocean (Category: Breaking News)
- The Easter Attacks & A Game Of Thrones: The Master Mind, A Cover Up Investigation & AI (Category: Breaking News)
- Channel 4’s Easter Sunday: The IMF Descends Amid An Over The Horizon Operation Staring ‘Sonic-So... (Category: Breaking News)
- A Staged Default & Sovereign Bond Debt Trap? IMF’s Spring Meetings Amid Hybrid Cold War (Category: Breaking News)
By Uditha Devapriya Divided from the Indian subcontinent, yet also deeply connected to it, Sri Lanka has never had an opportunity of forging and shaping a foreign policy of its own. The high point of its foreign relations, under the three Bandaranaike administrations over a period of 20 years, did signal an effort, and a […]
- Sirisena boasts of his successful foreign policy to current rulers (Category: Breaking News)
- Crashing economies and the South’s narrowing foreign policy options (Category: Breaking News)
- Relevance of Non-alignment or ‘dynamic neutrality’ to SL’s foreign policy (Category: Breaking News)
- Russian Diplomats’ Day – history, present plans (Category: Breaking News)
[…]The post Purchasing Power Parity appeared first on Colombo Telegraph.
- Child’s Guide To Currency Board Systems: Steve Hanke’s Crusade For Currency Boards (Category: Breaking News)
- Russian Presidential Election Results (Category: Breaking News)
- Next Round: Ranil Versus The JVP (Category: Breaking News)
- National Council’s Economic Stabilisation Report Is A Welcome Sign (Category: Breaking News)
[…]The post The Aragalaya & Morality appeared first on Colombo Telegraph.
- Why I Don’t Support The Aragalaya (Category: Breaking News)
- Ranil-Gota Twosome: One Gone, The Other Is Acting Up (Category: Breaking News)
- Futility Of Transforming A Nation Built Over A Political Cesspit (Category: Breaking News)
- Saying No To Authoritarian Governance (Category: Breaking News)
Bangladesh has warned developing countries not to become like Sri Lanka by taking loans from China. Bangladesh’s Finance Minister AHM Mustafa Kamal has warned that developing countries must think twice about taking more loans through China’s Belt and Road Initiative as global (BRI) inflation and slowing growth add to the strains on indebted emerging markets, […]
- Japan puts preconditions to support Sri Lanka’s debt issue (Category: Breaking News)
- Bangladesh expects Sri Lanka to repay $200 million by March 2023 (Category: Breaking News)
- Japan set to do its part over Sri Lanka debt woes – Finance Minister (Category: Breaking News)
- SL owes $ 15 b on foreign borrowings since 1997 (Category: Business)
President Gotabaya Rajapaksa’s two years in office – a period of unprecedented political turmoil, uncertainty and further deterioration of Parliament – should be thoroughly examined. In fact, the UNP, with the support of the then President Maithripala Sirisena, paved the way for Gotabaya Rajapaksa’s candidature, at the 2019 presidential election, by blocking Mahinda Rajapaksa’s path […...
- Sri Lanka’s foreign policy dilemma (Category: Breaking News)
- Destabilisation project: ACBC inquiry underway (Category: Breaking News)
- Shocking claim in House: Bandula reveals how sugar importers, their henchmen trapped Prez (Category: Breaking News)
- SC ruling on economic crisis: Parliament also responsible, says Foreign Minister (Category: Breaking News)
The World Food Programme (WFP) is seeking donor support to reach 3.4 million people in Sri Lanka with food and nutrition assistance as nearly a quarter of Sri Lanka is facing food shortages for millions.Sri Lanka’s worst economic crisis since independence is spinning off a “serious food crisis,” says the World Food Programme Representative and […]
- Rice paid for by Australia delivered here (Category: Breaking News)
- US funded fortified rice shipments begin arriving at Colombo Port (Category: Breaking News)
- UN warns situation here likely to worsen (Category: Breaking News)
- UN issues dire warning of food insecurity in SL (Category: Breaking News)
SL too on agenda BY S VENKAT NARAYAN Our Special Correspondent NEW DELHI, August 6: India is maintaining a studied “loud silence” on the tensions between China and the United States and the developments in the Taiwan Straits in the wake of US House Speaker Nancy Pelosi’s controversial visit to Taipei last week. The decision […]
- Sirisena boasts of his successful foreign policy to current rulers (Category: Breaking News)
- China-Taiwan tension is major concern for the Philippines (Category: Breaking News)
- China fires missiles in ‘unprecedented’ drills around Taiwan (Category: Breaking News)
- China, India call for negotiated way out of Ukraine war (Category: Breaking News)
After the collapse of the Sri Lankan economy, attention has turned to the state of affairs in other South Asian countries such as Pakistan, Bhutan and Bangladesh. All three countries have either curtailed imports or are planning to do so, to salvage their fast-depleting foreign exchange reserves and avoid a Lanka-like forex crisis. While the […]
- Bangladesh secures loans of $4.7 billion from IMF (Category: Breaking News)
- Bangladesh seeks $4.5 billion IMF loan as deficit widens (Category: Breaking News)
- IMF agrees $4.5 billion Bangladesh support programme (Category: Breaking News)
- Emerging Donor (Category: Business)
[…]The post Pelosi’s Pivot As Cold War & Colonialism Rebound: Blue-Greenwash In The Indian Ocean appeared first on Colombo Telegraph.
- Ripples In The Indian Ocean: Yuan Wang 5 & Easter Sunday 2019 (Category: Breaking News)
- Pelosi’s visit to Taiwan completely justified: CTA’s Penpa Tsering (Category: Breaking News)
- China to skip meeting with US Secretary in Cambodia amid tensions over Pelosi’s visit (Category: Breaking News)
- Climate Colonialism At CoP 28: Carbon Laundering Via Green Bondscams? (Category: Breaking News)
India expects bilateral trade worth $8-9 billion with Russia and Sri Lanka in the next two months after it allowed international trade in rupees, India’s trade secretary said.The post India expects $8-$9 Billion bilateral trade with Russia, Sri Lanka in two months appeared first on ONLANKA News :. Sri Lanka Breaking News Updates - Latest News in Sri Lanka.
- India expects $8-$9 bn bilateral trade with Russia, Sri Lanka in two months (Category: Breaking News)
- Indo-Lanka trade booms in Delhi’s favour (Category: Breaking News)
- Sri Lanka, India to sign power grid linking pact within two months – envoy (Category: Breaking News)
- India and Sri Lanka set eyes on clinching CEPA soon - Hindu (Category: Breaking News)
The United States and India have had high-level talks on the situation in Sri Lanka. US Secretary of State Antony Blinken discussed the situation in Sri Lanka at a meeting with Indian External Affairs Minister S. Jaishankar. Blinken tweeted saying during the meeting with Jaishankar he discussed the implications of Russia’s aggression against Ukraine and Sri […]
- EU tells President to focus on GSP, IMF, human rights (Category: Breaking News)
- India holds talks with SLPP dissident MPs (Category: Breaking News)
- Sanath Jayasuriya discusses tourism with Indian envoy (Category: Breaking News)
- Samarasinghe briefs President Joe Biden (Category: Breaking News)
by Chandre Dharmawardana, chandre.dharma@yahoo.ca. The forex crisis had forced the government to jettison its initial set of economic managers of the Central bank who looked for home-grown solutions and opposed dealing with the International Monetary Fund (IMF). The President re-instated a set of managers whose ideas were more orthodox and aligned with the neo-liberal bankers […]
- IMF chief pleased SL reached staff-level deal for $2.9 billion (Category: Breaking News)
- Harsha hints at Chinese hurdle in debt relief talks (Category: Breaking News)
- Sri Lanka to brief creditors on IMF deal for economic recovery (Category: Breaking News)
- Lanka awaiting assurances from India, China, says Central Bank Governor (Category: Breaking News)
Calls for unity in a country torn apart by nationalism and monetary instability
- Selected imports to be restricted to balance payments for fuel (Category: Breaking News)
- Sri Lanka president, PM, opposition leader support proposed UN-monitored reforms: Victor Ivan (Category: Breaking News)
- President seeks opposition support to implement IMF deal (Category: Breaking News)
- PM warns Sri Lanka facing threat of hitting rock bottom (Category: Breaking News)
Selected imports will be restricted to balance payments for fuel, President Ranil Wickremesinghe said today. The President told Parliament that the immediate requirement before the country is fuel. “While appreciating the international assistance in addressing the fuel shortage, it in timely that we now initiate a system for such importation from our own export income […]
- Sri Lanka President Wickremesinghe parliament address – full text (Category: Breaking News)
- NMSJ concerned about arrests (Category: Breaking News)
- Is Sri Lanka Becoming A Police State? Government Efforts To Delegitimise Aragalaya (Category: Breaking News)
- President seeks opposition support to implement IMF deal (Category: Breaking News)
By Kalinga Tudor Silva One of the important ways, the current economic crisis in Sri Lanka has directly impacted our lives is having to go through long and seeming unending queues, to access petrol, diesel, kerosene and even our dear passports. Queues have multiplied, sprung up on either side of the road and across the […]
- Fuel rationing suspended from Sept. 1 says Kanchana (Category: Breaking News)
- Exclusive fuel arrangements for healthcare workers to be deferred (Category: Breaking News)
- Sri Lanka to fully implement QR code system in fuel rationing from Aug. 1 (Category: Breaking News)
- Economy improving, VAT can be reduced – RW (Category: Breaking News)
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