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President Ranil Wickremesinghe assured a solution to the issues faced by the Tamils in the North and East. He said the Government is diligently addressing challenges one by one and currently, discussions are underway to find solutions for the issues facing the people of the North East. “Simultaneously, we must prepare to advance the nation’s […]
… draws attention to discrepancy in beneficial interest rates for EPF members By Shamindra Ferdinando Dissident SLPP lawmaker Gevindu Cumaratunga yesterday (18) said that the Wickremesinghe-Rajapaksa government owed an explanation how the Governing Board of the Central Bank had approved a massive salary increase to CBSL employees at a time the country was experiencing developing […]
out of the Rohingya refugee crisis and the general […]
[…]The post What Is Necessary In Gaza? Ceasefire Or Peace Keeping, Or Both? appeared first on Colombo Telegraph.
Sri Lanka is back in the geopolitical spotlight ahead of elections slated for later this year, and former President Maithripala Sirisena says Washington should be paying attention. Outside powers — specifically China — are exerting influence amid what Mr. Sirisena says is a moment of “great instability” for his country, a teardrop-shaped island just off […]
The Central Bank of Sri Lanka released the Monetary Policy Report – February 2024 in keeping with the requirements of the Central Bank of Sri Lanka Act, No. 16 of 2023. The content of this Report is mainly based on information that was considered by the Monetary Policy Board of the Central Bank of Sri […]
Projections indicate a deviation of inflation from the target, primarily due to amendments to the Value Added Tax (VAT) introduced in January 2024, before it retraces towards the target from around end 2024, the Central Bank of Sri Lanka said. The Central Bank of Sri Lanka released the Monetary Policy Report – February 2024 in […]
Sri Lanka's economy is expected to keep growing in 2024 and gradually reach its potential over the medium term, according to the Central Bank's latest report on monetary policy.The post Central Bank of Sri Lanka says annual economic growth expected to turn positive in 2024 appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
[…]The post The Judicial Power Of The People & A Presidential Interpretation Of Our Constitution? appeared first on Colombo Telegraph.
Sri Lanka s spike in inflation is expected to be short-lived and will return to the targeted 5% in the medium term, a monetary policy report released by the central bank said on Thursday as the island nation s economy stabilises from a crippling financial crisis.
Friday 16th February, 2024 Much is being spoken about educational reforms, these days. President Ranil Wickremesinghe has stressed the need to gear the education system to the much-needed economic transformation the country is seeking to achieve. A former Minister of Education, the President is au fait with global trends in the field of education, and […]
Sri Lanka is keen to resume the Japanese funded Light Rail Transit (LRT) protect soon, President Ranil Wickremesinghe said. Dr. Tanaka Akihiko, the President of Japan International Cooperation Agency (JICA), called on President Wickremesinghe in Colombo. During the meeting, Dr. Akihiko expressed gratitude for President Wickremesinghe’s commitment to the economic reform program, acknowledging...
By Shamindra Ferdinando National Freedom Front (NFF) leader Wimal Weerawansa says the proposed Economic and Technology Co-operation Agreement (ETCA) with India should be examined in the context of India’s geopolitical strategy in respect of Sri Lanka. Referring to a recent declaration by SLPP MP Rear Admiral (retd.) Sarath Weerasekera that the government parliamentary group hadn’t […]
Japan has pledged USD 931,000 for a UNDP-led project meant to improve good governance by tackling corruption. A statement issued by the Japanese Embassy on behalf of the Sri Lankan government and the UNDP declared that in terms of the latest initiative ‘a Project for Promoting Economic Governance through Anti-corruption Policy Support’ they intended to […]
The government expected the rupee to strengthen against the US dollar in the near future, Cabinet spokesman Bandula Gunawardena told reporters on Tuesday (13). Addressing the media, Gunawardena said the dollar had appreciated to Rs. 400 rupees in 2022, during the height of the economic crisis
Consolidated revenue of Rs.42.4 billion, up 9.9% Healthcare revenue up 19.3% YoY to Rs.21 billion Diversified Sri Lankan conglomerate Sunshine Holdings PLC (CSE: SUN) has recorded a consolidated revenue of Rs.42.4 billion during the first nine months of the current financial year (9MFY24). Amidst the backdrop of moderately stable macroeconomic conditions, the Group has reported […]
The House of Representatives has narrowly voted to impeach Homeland Security Secretary Alejandro Mayorkas, making him the first cabinet member to face impeachment in nearly 150 years. Many Republicans blame Mayorkas for an unprecedented influx of migrants at the US-Mexico border. The Republican-led chamber voted 214 to 213 for the measure, after the first attempt […]
[…]The post Restrictions Of Civic Space Is Unacceptable appeared first on Colombo Telegraph.
Dr. Elias Joseph Jeyarajah, represented the Global Tamil Forum (GTF) at the recent launch of district level workshops for ‘National Conversation’ based on the Himalaya Declaration. The first inter-religious coordination committee promoting conversations on the merits of the Himalaya Declaration was held in Kurunegala on February 09. In spite of opposition from various quarters, particularly [̷...
Healthcare has been declared an essential public service as healthcare workers continued to protest demanding higher wages. The gazette notice stated that President Ranil Wickremesinghe issued the order taking into consideration that it is necessary that the services provided by any Public Corporation or Government Department or Local Authority or Co-operative Society or any branch […]
said. “Sri Lanka’s economic crisis and the […]
[…]The post Sri Lanka’s Economic Recovery, Fourth Industrial Revolution & Professor Siegfried Zuern appeared first on Colombo Telegraph.
Iranian tea importers had offered to double the quantity of tea they buy from Sri Lanka under the Iranian tea-for-oil barter mechanism from its current USD five million to US 10 million during the winter months – December to March -Niraj de Mel, President of the Sri Lanka Tea Board (SLTB) told journalists on Saturday […]
By Shamindra Ferdinando SLPP parliamentary group member Sarath Weerasekera yesterday (11) took exception to a government decision to finalise technical level talks on the proposed Economic and Technical Cooperation Agreement (ETCA) with India before the end of March this year. The issue hadn’t been taken up at a government parliamentary group at any level or discussed […]
Sri Lankan President Ranil Wickremesinghe, addressing concerns about China’s increased presence in the Indian Ocean region, said the island nation would not allow anything that would jeopardize India’s security.The post Sri Lanka will not allow anything harmful to India’s security – President Ranil appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
“We all know when the president signals right, he often turns left” The president waxes eloquent about how he has turned the economy around, but all those are hollow words despite the semblance of normality achieved thanks to the moratorium on debt repayment, TNA MP MA Sumanthiran told parliament on Thursday speaking on the debate […]
ECONOMYNEXT —The process followed in enacting Sri Lanka’s controversial Online Safety Act (OSA) raises serious questions on law-making and its impact on constitutional democracy, the Centre for Policy Alternatives (CPA) said, urging the government to replace the act with a law that “genuinely addresses” concerns on online safety. Claiming that the process of drafting the […]