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China’s efforts to gain the space it lost in Sri Lanka to India have hit yet another stumbling block after it vehemently opposed the invitation to Tibetan Buddhist spiritual guru Dalai Lama. Sri Lanka is a Buddhist-majority country and China’s record of treatment of religious minorities especially Tibetan Buddhists has not been good. China’s image […]
The International Monetary Fund (IMF) noted that Sri Lanka is still in talks with its official bilateral creditors to secure financial assurances. Pierre-Olivier Gourinchas, the Economic Counsellor and the Director of Research of the IMF said that once the assurances are secured, access to IMF financing will be unlocked. “We can confirm that India has […]
US Ambassador to Sri Lanka, Julie Chung, has assured that assistance due from the International Monetary Fund (IMF) to Sri Lanka is likely to speed up with the cooperation of all countries.
The International Monetary Fund (IMF) has approved loans of $4.7 billion to Bangladesh for disbursal starting immediately, making it the first to secure such funds out of three South Asian countries that applied last year amid economic trouble.
The International Monetary Fund (IMF) has approved loans of $4.7 billion to Bangladesh for disbursal starting immediately, making it the first to secure such funds out of three South Asian countries that applied last year amid economic trouble.The post Bangladesh secures $4.7 billion from IMF as other South Asian countries see delays appeared first on Sri Lanka News - Latest Breaking News in Sri L...
Sri Lanka's Central Bank Governor Dr. Nandalal Weerasinghe said regardless of the future elections, he wants to see a continuation of the economic reform path the country has embarked on, as it is the only way to come out of the current crisis.The post Sri Lanka’s Central Bank insists on staying on reform path regardless of election outcome appeared first on Sri Lanka News - Latest Breaking ...
Holders of Sri Lanka’s foreign bonds want more clarity on the nation’s local-currency debt before they sit down for formal restructuring talks, according to people familiar with the situation.The post Sri Lanka creditors seek clarity on local bonds for debt talks – report appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
Sri Lanka was found to be more corrupt in 2022 than it was in the year 2021, according to the 2022 Corruption Perceptions Index (CPI). The 2022 Corruption Perceptions Index (CPI) released by Transparency International saw Sri Lanka’s rankings drop by 1 point in 2022 from the year 2021. The CPI has ranked Sri Lanka […]
The death toll has risen to at least 87 people after a mosque suicide bombing which targeted policemen in the Pakistan province of Peshawar. The mosque is within a high-security police headquarters area and a probe is under way into how the bomber got in. Pakistan’s PM and other leaders have condemned the attack – […]
A major crisis involving thousands of unfinished apartments across China awaits the government even as it tackles the severe Covid outbreak and tries to ward off an economic disaster owing to the strict lockdowns only recently lifted under people’s pressure. The property loan market in the country is experiencing rising bad debts. They stand at 29 per […]
The global economy will weaken this year as rising interest rates and Russia s war in Ukraine continue to weigh on activity. But economists are more optimistic than they were just a few months ago.
[…]The post The Absurdity Of ‘Independence’ & The Myth Of ‘Public Mandate’ appeared first on Colombo Telegraph.
In my view, 2023 will be remembered for India’s emergence as the third pole of the world. A year ago, I predicted a stronger Xi Jinping and a weaker Joe Biden in my forecast for 2022. I was almost correct, but the reality turned out a little differently than I expected. Xi secured a third […]
Turkey’s Foreign Minister Mevlut Cavusoglu has revealed that China has refused to allow the Turkish ambassador to visit the Uyghur region in the north-western Xinjiang province, admitting it has strained ties between the two nations, reported MEMO (Middle East Monitor). Cavusoglu, holding a year-end press briefing in Turkey’s capital Ankara, said the Chinese government “said [...
Tamil diaspora groups are praising Ottawa s sanctions on Sri Lanka officials, while asking Canada to bring that country to international tribunals.
It is time for Pakistan’s military, bureaucratic, political, business, and all others to turn the page on a broken, dysfunctional, and failed status quo and it must acknowledge India’s incredible coming of age as a country, writes Mosharraf Zaidi in The News International. In 1999, when General Musharraf sprung the Kargil misadventure on the Pakistani […]
In the city hotel’s endeavor to continually provide guests with novel and refreshing gastronomic experiences, three talented chefs – the famed, Chef Heenkenda, the much-loved Thai Mama and Indian culinary wizard Chef Mangal Singh have joined Mövenpick’s galaxy of shining culinary experts. These brilliant Chefs who have excelled in their respective gastronomic genres have joined […]
[…]The post Celebrating Independence Or Inaugurating Dependence? appeared first on Colombo Telegraph.
By Easwaran Rutnam Former United Nations Secretary-General Ban Ki-moon will arrive in Sri Lanka next week to witness the signing of an agreement between the Global Green Growth Initiative (GGGI) and the Ministry of Environment, President’s Senior Adviser on Climate Change Ruwan Wijewardene told Daily Mirror. Wijewardene said that Ban Ki-moon is scheduled to arrive […]
By N Sathiya Moorthy Barring his followers, no one really got to know about the lead of the Tamil Progressive Alliance (TPA) of Upcountry Tamils, Mano Ganesan, abstaining from what passed off for an all-party conference called by President Ranil Wickremesinghe the other day, to discuss and discourse on the ‘National Problem’. No, it is […]
Sri Lankan Minister of Foreign Affairs Ali Sabry has held talks with ministers and senior officials in Saudi Arabia, as the crisis-hit island nation seeks to boost cooperation with the Kingdom and other Gulf countries.The post Sri Lanka seeks to boost ties with Saudi Arabia and Gulf nations appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
Hundreds of internationally renowned scientists have come together to petition the University of California, Los Angeles (UCLA), against its decision to suspend Lankan origin award winning ecologist, Priyanga Amarasekare, international media reports said. A report published by the Nature, on its official site, said that the UCLA’s suspension of ecologist Amarasekare, without salary or benefits, [&...
A delegation from the embassy of the Republic of Côte d’Ivoire will be visiting Sri Lanka from 31 January to 7 February. His Excellency Eric Camille N’dry, the Ambassador designated of Cote d’Ivoire to Sri Lanka, will be presenting his credentials to the President of Sri Lanka, His Excellency Ranil Wickremesinghe, while the delegation will […]
[…]The post State Sponsored Child Abuse – Will Sri Lanka Honor UNHRC Recommendations? appeared first on Colombo Telegraph.
India and Sri Lanka have been able to address the impact of a Chinese surveillance vessel’s visit to Hambantota port last year and Colombo is looking to New Delhi to help drive economic recovery through investments in key sectors such as energy, Sri Lankan envoy Milinda Moragoda said.The post Jaishankar’s visit reset bilateral relations, says Sri Lankan envoy appeared first on Sri Lanka News...
Sri Lanka's economy could contract by -3.5 or -4.0% in 2023 after shrinking -11% last year, President Ranil Wickremesinghe said on Saturday.The post Sri Lanka economy could shrink by -3.5% to -4%, president says appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
ECONOMYNEXT –The United Kingdom is “ready to consider” financing assurances to Sri Lanka to secure a 2.9 billion US dollar extended fund facility (EFF) with the International Monetary Fund (IMF), a UK official said. Minister of State (Foreign, Commonwealth and Development Office) Anne-Marie Trevelyan told the British parliament on Tuesday January 24 that the UK […]
Mövenpick amplifies its Japanese, Thai, North and South Indian offerings In the city hotel’s endeavor to continually provide guests with novel and refreshing gastronomic experiences, three talented chefs – the famed, Chef Heenkenda, the much-loved Thai Mama and Indian culinary wizard Chef Mangal Singh have joined Mövenpick’s galaxy of shining culinary experts. These brilliant Chefs […]
Bacalhau (salt cod) is a deep part of Portugal’s culinary identity. But the fish is found far from the country’s shores, so how did this love affair come to be and continue today? On a cold winter’s evening in Portugal, it might come to your table com natas – fresh from the oven and bubbling […]
[…]The post Is The World, Hopelessly Divided Over Ukraine, Coming Together For Sri Lanka? appeared first on Colombo Telegraph.