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- island.lk - Category : Breaking News - Relavancy : 0.32531556

… 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

- onlanka.com - Category : Breaking News - Relavancy : 0.07653685

Global investors and Sri Lankan officials expect to start negotiations aimed at restructuring $12 billion in defaulted global bonds next week, Bloomberg News reported on Thursday.The post Sri Lanka to start restructuring talks with investors next week, Bloomberg News reports appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.

- colombogazette.com - Category : Breaking News - Relavancy : 0.06560302

Global investors and Sri Lankan officials expect to start negotiations aimed at restructuring $12 billion in defaulted global bonds next week, Bloomberg News reported on Thursday. A steering committee, comprising of bondholders, will begin talks as they weigh a proposal from the government to rework the overseas debt that has been in default since 2022, […]

- onlanka.com - Category : Breaking News - Relavancy : 2.2649462

The Health Ministry is confident that the shortage of doctors will soon be resolved since doctors who had migrated for various reasons are returning to Sri Lanka.The post Health Ministry confident: Doctors returning to Sri Lanka, easing shortage crisis appeared first on ONLANKA - Sri Lanka

- onlanka.com - Category : Breaking News - Relavancy : 0.07653685

Senior U.S. diplomat Richard Verma on Friday met Sri Lankan President Ranil Wickremesinghe and Foreign Minister Ali Sabry in Colombo, and discussed Sri Lanka's economic recovery and progress on its IMF program, the U.S. State Department said.The post Senior U.S. official discusses Sri Lanka’s IMF program in Colombo appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.

- island.lk - Category : Breaking News - Relavancy : 0.07731389

President Ranil Wickremesinghe said in Parliamenty yesterday he was aware that Value Added Tax (VAT) was a burden on the public. He said it would be possible to reduce VAT with the passage of time. Delivering the government policy statement at the commencement of the new session of Parliament, the President said: “The prior scarcity […]

- island.lk - Category : Breaking News - Relavancy : 0.07731389

Inaugurating the 5th session of the 9th Parliament of Sri Lanka President Ranil Wickremesinghe called upon all lawmakers to collaborate in nation building  even though they would be contesting elections separately. “From ancient times to the present day, our world has encountered a myriad of crises, spanning nations and personal lives alike. While some crises […]

- onlanka.com - Category : Breaking News - Relavancy : 0.07731389

Sri Lanka President Ranil Wickremesinghe while presenting his Policy Statement in Parliament today (February 07), says the government was planning to reduce the tax burden as economic reforms continue to stabilize the economy.The post Sri Lanka President Ranil delivers Government’s policy statement in Parliament appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.

- onlanka.com - Category : Breaking News - Relavancy : 0.09277667

Sri Lanka expects to attract about US$5 billion in foreign funds in the next two years once it is able to finalise the restructuring of its overseas debt, the country’s foreign minister said on Monday (February 5).The post Sri Lanka eyes US$5 billion in foreign funds after debt restructure appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.

- colombogazette.com - Category : Breaking News - Relavancy : 0.08747069

Sri Lanka expects to attract about US$5 billion in foreign funds in the next two years once it is able to finalise the restructuring of its overseas debt, the country’s foreign minister said on Monday (Feb 5). The nation defaulted on its overseas debt in May, 2022 after a severe shortage of foreign exchange reserves […]

- colombogazette.com - Category : Breaking News - Relavancy : 0.32531556

Indian External Affairs Minister Dr. S. Jaishankar has encouraged Indians to visit Sri Lanka if they want to travel overseas on holiday. He also noted that India’s assistance to Sri Lanka during its economic crisis has played a key role in enhancing India’s image among Sri Lankan citizens

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.05466918

[…]The post Flight Of Human Capital – A Catastrophic Fait Accompli appeared first on Colombo Telegraph.

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.03280151

[…]The post Chips Are Everywhere: But Can Sri Lanka Ride The Wave? appeared first on Colombo Telegraph.

- adaderana.lk - Category : Breaking News - Relavancy : 0.45544177

Canada is considering a cap on the number of international students allowed to live in Canada, Immigration Minister Marc Miller said according to a CTV report, as the government faces criticism for a housing affordability crisis.

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- island.lk - Category : Breaking News - Relavancy : 0.12370223

One of the key factors that contributed to the exodus of medical specialists from the state sector is the disparity of the total remuneration received by the state medical specialists when compared to parallel grades in the government sector, the Association of Medical Specialists (AMS) says. There was always a shortage of medical specialists in […]

- colombogazette.com - Category : Breaking News - Relavancy : 0.10933836

By N Sathiya Moorthy Reports of consensual sex involving over 5,000 girls under 16 (hence ‘legal rape) in just one police division, Kandy, should be a cause for serious national concern. The fact that President Ranil Wickremesinghe has sought further information in the matter, obviously for possible corrective measures that the government could initiate could only […]

- onlanka.com - Category : Breaking News - Relavancy : 0.06560302

India’s ban on the export of onions has driven up prices of the vegetable for Asian buyers, who are scrambling for cheaper alternatives, particularly as New Delhi is unlikely to lift the curbs before general elections next year.The post Asia feels the sting of India’s onion export ban appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.

- onlanka.com - Category : Breaking News - Relavancy : 2.7179356

Sri Lanka is facing a major crisis with its healthcare system as more than 1,500 doctors and specialists have left the country for overseas jobs in the last year.The post Sri Lanka’s healthcare system faces a major crisis appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top

- island.lk - Category : Breaking News - Relavancy : 0.073346406

[An article based on the Keynote Address delivered by Dr. P. Nandalal Weerasinghe, Governor of the Central Bank of Sri Lanka, recently at the Annual Research Symposium 2023 of the University of Colombo] Introduction Inflation affects every aspect of our lives; it is a force that shapes our purchasing power, influences our financial decisions, and […]

- onlanka.com - Category : Breaking News - Relavancy : 0.32531556

Sri Lanka President Ranil Wickremesinghe has urged all political leaders to exhibit responsibility in their approach to the International Monetary Fund (IMF) program.The post Sri Lanka President calls for proposals from opponents of IMF program to rescue country from financial crisis appeared

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.02733459

[…]The post Water Wars – In Relentless Pursuit Of Blue Gold appeared first on Colombo Telegraph.

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.0977952

[…]The post Ranil’s Last Hurrah For A New Parliament In March appeared first on Colombo Telegraph.

- onlanka.com - Category : Breaking News - Relavancy : 0.26025245

Sri Lanka needs $100 billion to become a net zero emitter by 2040, President Ranil Wickremesinghe said on Tuesday, as the island also attempts to build climate change resilience while navigating its worst financial crisis in decades.The post Sri Lanka needs $100 billion to become net zero emitter

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.08678463

[…]The post SC Judgment, Fiscal Philosophy, & Long-Term Decisions For A Brighter Future appeared first on Colombo Telegraph.

- island.lk - Category : Breaking News - Relavancy : 0.043735344

By Uditha Devapriya Interactions are about connections. Connections are not always about commonalities. After all, it is not just commonalities that are celebrated, it is also differences. There are many ways of celebrating differences, many ways of affirming them. The Interact Movement in Sri Lanka is now almost 60 years old. The Interact Club of […]

- island.lk - Category : Breaking News - Relavancy : 0.08747069

By Rathindra Kuruwita The Court of Appeal is to announce, on 17 November, its verdict on the early retirement of medical specialists. Specialist doctors said on Monday (13) that 176 of them have submitted Writ Petitions opposing the Cabinet’s decision to enforce the retirement of medical specialists at the age of 60. It was pointed […]

- island.lk - Category : Breaking News - Relavancy : 0.39037865

Budget highlights Following are the highlights of Budget proposals made by President Ranil Wickremesinghe in Parliament yesterday: New economic and political system The President said in order not to fall back into a crisis, the economic and political system of Sri Lanka must be created anew

- island.lk - Category : Breaking News - Relavancy : 0.05466918

* Tax revenue to be raised by 47.1% in 2024 * Rs 10,000 increase for public sector workers * Pensioners to get Rs 2,500 allowance * Rs. 450 bn reserved for bank recapitalization * Four new universities to be established * 20% of state banks to be given off by Saman Indrajith President Ranil Wickremesinghe, […]

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- island.lk - Category : Breaking News - Relavancy : 0.39037865

As cricket in Sri Lanka is currently facing an institutional crisis and a shortage of talent Rs. 1.5 billion is to be allocated from the 2024 budget for the development of school cricket and for providing necessary facilities to cricket players at the provincial level. Schools and provinces

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- island.lk - Category : Breaking News - Relavancy : 0.06560302

‘2017 Foreign Exchange Act must be repealed’ By Shamindra Ferdinando President Ranil Wickremesinghe’s Director General on Trade unions Saman Ratnapriya yesterday (08) denied what he called the Opposition’s unsubstantiated claim that sugar importers had benefited from the latest increase in the Special Commodity Levy from 25 cents per kg of sugar to Rs 50 per […]

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