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- colombogazette.com - Category : Breaking News - Relavancy : 0.08745501

The conflict between the USA and the USSR, during the era of the Cold War, had far-reaching consequences that extended beyond their borders, with Syria being one of the nations caught in the crossfire. Over the past decade, Syrians have endured the complexities of political manoeuvring amidst a backdrop of socio-political and humanitarian challenges. Additionally, […]

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- island.lk - Category : Breaking News - Relavancy : 0.10931876

Sri Lanka was optimistic about resolving its debt restructuring issues in the second quarter to secure financing from the International Monetary Fund (IMF), as external creditors are reportedly engaging positively, Bloomberg said quoting the country’s state finance minister. “We anticipate a favourable outcome,” stated state minister Shehan Semasinghe during discussions held in L...

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- onlanka.com - Category : Breaking News - Relavancy : 0.07652313

Sri Lanka is hopeful it can resolve debt restructuring issues in the second quarter so it can get financing from the International Monetary Fund because external creditors are all engaging “positively,” according to the South Asian nation’s junior finance minister.The post Sri Lanka confident of meeting conditions for IMF funding soon – report appeared first on ONLANKA - Sri Lanka Latest Bre...

- onlanka.com - Category : Breaking News - Relavancy : 0.08745501

Sri Lanka has called for proposals from dealer managers to support its restructuring of some $12 billion of international bonds, the Finance Ministry said on Thursday, in a fresh sign that the island nation is closing in on finalizing its debt rework.The post Sri Lanka calls for debt-restructuring proposals from dealer managers appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Sto...

- adaderana.lk - Category : Breaking News - Relavancy : 0.39036638

The world s largest refiner, China s Sinopec plans to start work on a refinery in Sri Lanka by June, the power minister said on Thursday, advancing a project earmarked as the biggest investment in the crisis-hit island nation.

- colombogazette.com - Category : Breaking News - Relavancy : 0.08745501

Sri Lanka has called for proposals from dealer managers to support its restructuring of some $12 billion of international bonds, the Finance Ministry said on Thursday, in a fresh sign that the island nation is closing in on finalizing its debt rework. Sri Lanka defaulted on its foreign debt in May 2022 as the economy […]

- island.lk - Category : Breaking News - Relavancy : 0.043727506

The bodies of two people have been recovered from a red pickup truck, which was under water where the Baltimore bridge collapsed. Eight construction workers were on the bridge when a ship struck it, plunging them into the waters below. Two of the workers were rescued on the day, but the search continues for the […]

- onlanka.com - Category : Breaking News - Relavancy : 0.038261566

At least five Sri Lankans have reportedly been killed so far while fighting in the Ukraine-Russia war, according to Al Jazeera. In the latest incident, Nipuna Silva, a Sri Lankan soldier who quit his army position to fight for Russia in Ukraine due to better pay, is believed to have been killed on the front line.The post Sri Lankan soldier Nipuna Silva among latest victims in Ukraine-Russia confli...

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.043727506

[…]The post What Is Wrong With Sri Lanka? appeared first on Colombo Telegraph.

- island.lk - Category : Breaking News - Relavancy : 0.08745501

Sri Lankan businesses must look beyond the surface to design Diversity, Equity and Inclusion (DEI) strategies that consider broader complexities, if they are to achieve tangible and transformative business results and greater social harmony, says a new landmark report that provides recommendations for businesses to harness the potential of DEI. The new report “Unlocking the […]

- island.lk - Category : Breaking News - Relavancy : 0.08745501

Sri Lankan Prime Minister Dinesh Gunawardena, who is on a state visit to China, called on President Xi Jinping on Wednesday (March 27). During the discussion, which took place at the Great Hall of the People in Beijing, the two leaders have agreed to continue to act under the friendship, peace, mutual respect and fivefold […]

- island.lk - Category : Breaking News - Relavancy : 0.05465938

By Dr Laksiri Fernando It is not the country per se, but the politicians and the people who are wrong. While politicians should take 70 percent responsibility, the people also should take 30 percent. It is true that these wrongs on the part of the politicians or the people are not limited to Sri Lanka. […]

- onlanka.com - Category : Breaking News - Relavancy : 0.07652313

Sri Lankan Prime Minister Dinesh Gunawardena, who is on a state visit to China, called on President Xi Jinping today (March 27).The post Sri Lanka Prime Minister meets Chinese President Xi Jinping appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.

- colombogazette.com - Category : Breaking News - Relavancy : 0.3253053

Sri Lanka’s cabinet has approved increasing the minimum wage by 40%, a top official said on Tuesday, to support workers struggling with living costs as the economy slowly shakes off its worst financial crisis in decades, helped by an IMF bailout. Sri Lanka’s economy collapsed in early 2022

- island.lk - Category : Breaking News - Relavancy : 0.3253053

, during Gotabaya Rajapaksa’s Presidency, explained how those who manipulated the crisis […]

- colombogazette.com - Category : Breaking News - Relavancy : 0.09276005

In its quest to challenge Western hegemony in global governance and make itself more representative of the Global South, BRICS has begun to expand itself, including more new member nations. The expansion has led to a formal request by Pakistan to join BRICS in late 2023. This has led to discourse and speculations by scholars, […]

- colombogazette.com - Category : Breaking News - Relavancy : 0.07730004

In an unprecedented display of candor, Premier Li Qiang’s inaugural government work report delivered a scathing indictment of the myriad economic woes plaguing China at the recently concluded National People’s Congress in Beijing. The wide-ranging report pulled no punches in exposing the cascading domestic fragilities and external hostilities that threaten to derail the world’s second-largest [...

- island.lk - Category : Breaking News - Relavancy : 0.26024425

, MP, were pursuing the same strategy to address the economic crisis. Therefore, […]

- colombogazette.com - Category : Breaking News - Relavancy : 0.08745501

McDonald’s may decide to return to Sri Lanka with a new franchisee after the company ended an agreement with its local partner, the Reuters news agency quoted an attorney for McDonald’s as saying. McDonald’s has ended an agreement with its local partner in Sri Lanka and all 12 outlets in the country have been closed, […]

- colombogazette.com - Category : Breaking News - Relavancy : 0.08745501

McDonald’s may decide to return to Sri Lanka with a new franchisee after the company ended an agreement with its local partner, the Reuters news agency quoted an attorney for McDonald’s as saying. McDonald’s has ended an agreement with its local partner in Sri Lanka and all 12 outlets in the country have been closed, […]

- onlanka.com - Category : Breaking News - Relavancy : 0.043727506

Sri Lankan President Ranil Wickremesinghe emphasizes the necessity of a new economic reform program for the country’s economic recovery.The post Sri Lanka President stresses vitality of new Economic reforms for country’s recovery appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.

- island.lk - Category : Breaking News - Relavancy : 0.043727506

President Ranil Wickremesinghe participating in a friendly discussion organized by the ‘United Youth Union’ on the theme ‘Future of our Youth’ in Polonnaruwa on Saturday (23), stressed the necessity of a new economic reform program for the country’s economic recovery. He requested for collective support from all citizens to prevent the next generation from inheriting […]

- island.lk - Category : Breaking News - Relavancy : 1.8119988

Trainocate has partnered with BCAS Campus to bring about changes in local education sector and to address the problem of brain drain. To mark this partnership, a press conference was held last week (14), unveiling innovative programmes resulting from the collaboration, notably the integration of Microsoft Fundamental Programs into the curriculum. Rajitha Ranaweera, Chief Operating […]

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.05465938

[…]The post Mr. President, You Plan To Rapidly Transform The Country Into An Export Economy By Passing Two New Laws In April 2024? appeared first on Colombo Telegraph.

- adaderana.lk - Category : Breaking News - Relavancy : 0.21863753

Increasing global water scarcity is fuelling more conflicts and contributing to instability, the United Nations warns in a new report, which says access to clean water is critical to promoting peace.

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- island.lk - Category : Breaking News - Relavancy : 0.3253053

… corruption cited as one of the three issues faced by the country Japanese Ambassador Hideaki Mizukoshi Thursday (21) urged Sri Lanka to turn the continuing economic, political and social crisis into an opportunity to achieve success. The Ambassador said that the country

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.043727506

[…]The post President Anura Kumara Dissanayake appeared first on Colombo Telegraph.

- island.lk - Category : Breaking News - Relavancy : 0.39036638

By Saman Indrajith Speaker Mahinda Yapa Abeywardena yesterday revealed in Parliament that he had been asked by some foreign powers to take over the executive presidency while the country was in crisis owing to the Aragalaya protests. “The objective of those who made that request was to create

- island.lk - Category : Breaking News - Relavancy : 0.09276005

By Shamindra Ferdinando SLPP General Secretary Sagara Kariyawasam, MP, on Wednesday (20) said that members of the government parliamentary group could freely contribute to the continuing discussion on whether the party should throw its weight behind President Ranil Wickremesinghe at the forthcoming presidential poll though they were yet to take a final decision. Kariyawasam said […]

- colombogazette.com - Category : Breaking News - Relavancy : 0.05465938

Alhambra Hotels commemorates five decades of unwavering dedication to hospitality excellence today. What began as a visionary endeavor by founding Chairman Mr. Jabir A. Cader, a prominent businessman, has evolved into a cornerstone of Colombo’s hospitality landscape. Originally envisioned as a modern cinema, the venture transformed with the changing tides, capitalizing on the burgeoning tour...

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