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Sri Lanka has yet to solve its dollar shortage crisis.
IMF has estimated a sharp contraction in the economic growth this year.
- Palmer's float sinks (Category: Australia, Queensland)
- Sri Lanka stocks down as economy comes to still amid fuel crisis (Category: Breaking News)
- Tablet Rise (Category: Business)
- Sri Lanka shares up amid renewed interest on LIOC shares; concerns remain (Category: Breaking News)
[…]The post Mission Impossible appeared first on Colombo Telegraph.
- Need For An Agreement With The Citizens For A Stable Political Future (Category: Breaking News)
- The Galle Face Struggle & Its Importance (Category: Breaking News)
- It’s Time To Untether The Kite! (Category: Breaking News)
- Crisis Deepens Without Rescue Plan (Category: Breaking News)
IMF is expected to issue a statement on its discussions with Sri Lankan officials on Thursday.
- Bunker Business (Category: Business)
- VIDEO: Govt. should be ashamed of raising fuel price (Category: Breaking News)
- Sri Lankan government not to increase fuel prices in line with international prices (Category: Breaking News)
- Tablet Rise (Category: Business)
Sri Lankans are frustrated of waiting in queues for days to buy fuel, cooking gas, kerosene
- Video: HIRU THANIWELA EP 400 (Category: Video)
- Oil Pipeline Places Over 400 Families Under Threat (Category: Breaking News)
- IPO To Raise Rs. 400 mn (Category: Breaking News)
- Over 400 respond (Category: Breaking News)
"China will try all-out efforts to sustain the Sri Lanka's School Meal Programme for at least six months."
- Indian shipment of rice, milk powder, medicines worth Rs 2bn en route to Sri Lanka (Category: Breaking News)
- After rejecting for decades, Sri Lanka politicians now want SOE restructuring amid IMF deal talks (Category: Breaking News)
- World Bank reiterates no new financing to Sri Lanka, denies reports of 700mn USD in aid (Category: Breaking News)
- Sri Lanka President reiterates sovereignty with Chinese envoy amid fresh Indian concerns (Category: Breaking News)
The main stock index has fallen 4.4$% in the last two sessions.
- Bunker Business (Category: Business)
- VIDEO: Govt. should be ashamed of raising fuel price (Category: Breaking News)
- Sri Lankan government not to increase fuel prices in line with international prices (Category: Breaking News)
- Tablet Rise (Category: Business)
Troops in Sri Lanka handed tokens on Monday to people queueing for petrol amid a severe fuel shortage in the nation battling its worst economic crisis in seven decades, while schools shut in Colombo...Click on the headline to read the full story
Stocks fall for the first time in five sessions.
- Bunker Business (Category: Business)
- VIDEO: Govt. should be ashamed of raising fuel price (Category: Breaking News)
- Sri Lankan government not to increase fuel prices in line with international prices (Category: Breaking News)
- Tablet Rise (Category: Business)
[…]The post Is Sri Lanka On The Brink Of Another Covid Wave? appeared first on Colombo Telegraph.
- Cricketer Murali Is On A Sticky Wicket – On Tamil Nadu Turf (Category: Breaking News)
- Murali the Enigma (Category: Breaking News)
- Murali to retire (Category: Sports)
- Murali – Symbol Of A Resurgent Sri Lanka (Category: Breaking News)
The directive came into effect as of Friday June 24.
Online classes will be held on Monday 27 and Friday July 01, the ministry said.
[…]The post Preventing Crooks From Entering The Parliament appeared first on Colombo Telegraph.
- The Current System & Unlawful Actions (Category: Breaking News)
- Anarchy & Abuse Of Power By Politicians (Category: Breaking News)
- Debt Trap, Lack Of Accountability & Blunders (Category: Breaking News)
- The Despot President Was Replaced By A Tyrant In Sri Lanka (Category: Breaking News)
Market has risen throughout the week, but in thin trade.
- Sri Lanka shares on a roll, hit another high (Category: Breaking News)
- SL Stx at 12-Wk Low on Asian Alliance (Category: Breaking News)
- Palmer's float sinks (Category: Australia, Queensland)
- Sri Lanka shares gain over 2-pct in mid-day trade on positive interim budget (Category: Breaking News)
by Arundathie Abeysinghe U.S., Japan, India and Australia ready to intervene to prevent Sri Lanka’s economic implosion and a humanitarian crisis of regional impact. Under indictment are the policies of President Rajapaksa, who is too bent on Chinese positions. For China, the Quad’
- by Arundathie Abeysinghe U.S., Japan, India and Australia ready to intervene to prevent Sri Lank... (Category: Breaking News)
- Quad urged to take more proactive role to address Sri Lanka crisis (Category: Breaking News)
- Chinese tourists back in Sri Lanka from 03 March (Category: Breaking News)
- Sri Lanka’s dwindling foreign policy: ECT back to Japan considered (Category: Breaking News)
Pakistan illegally occupied parts of the princely state of Jammu and Kashmir in 1947. This led to a war between India and Pakistan. Till date, Pakistan refuses to acknowledge its perfidy in Kashmir. Instead, it continues to maintain an ambiguous status of the occupied territories. This is the position with respect to both parts of […]
- What is China doing in Gilgit-Baltistan? (Category: Breaking News)
- United Kashmir People’s National Party concerned over land grabbing by Pakistan in PoK, Gilgit B... (Category: Breaking News)
- WILL GILGIT-BALTISTAN BECOME WORLD POWERS’ FUTURE BATTLE-GROUND? (Category: Breaking News)
- UKPNP Chief Says Pakistan PM Not Authorised to Allot PoK Land to Non-state Subject (Category: Breaking News)
Indian delegation comes as Sri Lanka is highly depending on Indian credit line for its fuel and other essentials.
- Fuel crisis - some recommendations (Category: Breaking News)
- Indo-Chinese supremacy battle aids Sri Lanka (Category: Breaking News)
- Sri Lanka gains from Indo-Chinese supremacy battle (Category: Breaking News)
- Lanka on track to MDGs fast - Indian High Commissioner (Category: Breaking News)
Stocks have been on a downward trend mainly due to higher interest rates
- Fuel prices increased (Category: Breaking News)
- Peliyagoda fish market complex inaugurated (Category: Breaking News)
- Coconut prices down (Category: Breaking News)
- Sri Lanka sells Rs81bn in Treasuries, yields steady (Category: Breaking News)
Sri Lankans are still waiting in long queues for days to buy fuel and cooking gas amid power cuts as the crisis deepens.
- Transparency International wants Sri Lanka’s presidential hopefuls to declare assets (Category: Breaking News)
- Sri Lanka opposition MP says agreed with rival on post-presidential vote economy (Category: Breaking News)
- Sri Lanka CEB ex chair’s letter to be tabled for discussion at next COPE meeting (Category: Breaking News)
- Despite denials Maldivian journalist insists MR, family were to flee (Category: Breaking News)
The firm will continue to airlift the medical supplies gifted by other countries free of freight Charges
INSEE Cement, Sri Lanka’s largest and leading cement manufacturer handed over 10,000 doses of Erythropoietin (EPO) vaccinations to the Ministry of Health today to address the shortage of medicine resulting from Sri Lanka’s current economic crisis. The donation valued at LKR 40 million, and procured
- President decides not to extend State of Emergency (Category: Breaking News)
- Sri Lankan Rupee continues to strengthen against USD (Category: Breaking News)
- Hambantota Port being developed as a multipurpose port (Category: Breaking News)
- UN to launch global public appeal for Sri Lanka (Category: Breaking News)
The Taliban in Afghanistan have appealed for international support, as the country deals with the aftermath of a devastating 6.1 magnitude earthquake. More than 1,000 people have been killed and at least 1,500 injured. Unknown numbers are buried in the rubble of ruined, often mud-built homes. South eastern Paktika province has been worst-hit and the […]
- Taliban forces clash with Iranian border guards (Category: Breaking News)
- Man charged with terrorism after deadly Oslo attack (Category: Breaking News)
- China Covid app restricts residents after banking protests (Category: Breaking News)
- EU blames Russia for food crisis prompting walkout (Category: Breaking News)
Prime Minister Ranil Wickremesinghe informed Parliament today that Sri Lanka was facing the threat of hitting rock bottom. He also said that going to the International Monetary Fund (IMF) is the only option Sri Lanka has to resolve the economic crisis. The Prime Minister said that the aim
- Sri Lanka to reach IMF staff level agreement, debt restructuring framework by end July: PM (Category: Breaking News)
- Having Proper plan to strengthen Sri Lanka’s economy is important – President (Category: Breaking News)
- Sri Lanka President says Let 2048 be the year of development for Sri Lanka (Category: Breaking News)
- Sri Lanka PM wants opposition to call off boycott to proceed with 21A (Category: Breaking News)
Brokers see downward trend to continue in the next few weeks until interest rates come down.
- Sri Lanka shares on a roll, hit another high (Category: Breaking News)
- SL Stx at 12-Wk Low on Asian Alliance (Category: Breaking News)
- Sri Lanka shares gain over 2-pct in mid-day trade on positive interim budget (Category: Breaking News)
- Sri Lanka stocks down for 3rd straight session amid tax hike worries (Category: Breaking News)
by Arundathie Abeysinghe U.S., Japan, India and Australia ready to intervene to prevent Sri Lanka’s economic implosion and a humanitarian crisis of regional impact. Under indictment are the policies of President Rajapaksa, who is too bent on Chinese positions. For China, the Quad’
- Quad urged to take more proactive role to address Sri Lanka crisis (Category: Breaking News)
- India and Japan to cooperate to address crisis in Sri Lanka (Category: Breaking News)
- Sri Lanka’s dwindling foreign policy: ECT back to Japan considered (Category: Breaking News)
- Cabinet discusses India’s concerns on Chinese “spy ship” (Category: Breaking News)
Talks will continue over the next few days with an IMF delegation already in the island nation, he said.
- Sri Lanka constitutional reforms won’t be in effect till next parliament: opposition leader (Category: Breaking News)
- Sri Lanka justice minister calls for opposition support for his 21st amendment (Category: Breaking News)
- Sri Lanka PM must present fiscal consolidation plan, go for SOE reform: opposition MP (Category: Breaking News)
- Sri Lanka must not overlook Russia in favour of IMF, says MP Weerawansa (Category: Breaking News)
Stock index rebound from near 8-week low.
- Fuel prices increased (Category: Breaking News)
- Peliyagoda fish market complex inaugurated (Category: Breaking News)
- Coconut prices down (Category: Breaking News)
- Sri Lanka sells Rs81bn in Treasuries, yields steady (Category: Breaking News)
[…]The post Sri Lankan Economy Heading Towards A Dangerous Phase appeared first on Colombo Telegraph.
- Lanka-Arab Relations (Category: Breaking News)
- The President, IMF & System Change (Category: Breaking News)
- What Next For Aragalaya? (Category: Breaking News)
- Restructuring The Economy: A Stock Take (Category: Breaking News)
Minister strongly denies claims of acute drug shortage.
- I-75 Traffic Stop Leads To Drug Bust (Category: USA, Georgia)
- Arrest after 5kg cannabis haul (Category: South Australia)
- A task force to prevent Drug smuggling through fishery harbours (Category: Breaking News)
- Popping pills at 10 years old (Category: Technology)
Long queues near filling stations were seen across Sri Lanka due to fuel shortage.
- Sri Lanka’s IOC unit reports Rs12.3 bn in Sept 2022 profits (Category: Breaking News)
- Sri Lanka railways fare hike not enough to recover fuel costs (Category: Breaking News)
- Sri Lanka stocks down as economy comes to still amid fuel crisis (Category: Breaking News)
- Sri Lanka stocks fall after fuel price hike (Category: Breaking News)
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