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- Breaking News (6532)
Japan has provided a grant of US$3 million through the Food and Agriculture Organization of the United Nations (FAO), to strengthen inland fisheries and improve rural livelihoods in partnership with the Ministry of Fisheries in Sri Lanka. The US$ 3 million initiative will bolster food and nutritional security and fortify resilience by establishing four community […]
- Japan provides $ 4.6 million through FAO to boost paddy production in Sri Lanka (Category: Breaking News)
- Japan working with UN to empower women in Sri Lanka (Category: Breaking News)
- UK provides £880,000 to help Sri Lankan fishing community (Category: Breaking News)
- WFP says 6.26 million people in Sri Lanka are food insecure (Category: Breaking News)
President Ranil Wickremesinghe appealed to the public not to back another ‘Aragalaya’. He said there is no need to create instability and force the economy to collapse. The President sought support to move forward and create a better Sri Lanka. He was speaking
- Luxury hotel ITC Ratnadipa opens in Colombo (Category: Breaking News)
- Taj withdrew from Nuwara Eliya following public protests (Category: Breaking News)
- Sri Lanka to hold Foreign Office Consultations with Kazakhstan (Category: Breaking News)
- New DG appointed to Bribery or Corruption commission (Category: Breaking News)
The stock market serves as a nexus where millions of buyers and sellers converge to engage in transactions. At its core, each transaction represents an agreement between a buyer and a seller, with the central element being the price. This price is not static; it fluctuates continuously, reflecting the equilibrium between supply and demand. The […]
- Should you invest in the stock market now? (Category: Breaking News)
- Insider trading: Good, bad or ugly? (Category: Business)
- Real potential of the Colombo stock market (Category: Business)
- MBSL expands investment management services on a regional level (Category: Business)
A Chinese Communist Party delegation including the Deputy Minister of the Department of the International Affairs of the Chinese Communist Party had talks with National Peoples’ Power (NPP) leader Anura Kumara Dissanayake. The Chinese delegation consisted of Sun Haiyan, Deputy Minister of the Department of International Affairs of the Communist Party of China and member […]
- Chinese Communist Party delegation meets Anura Kumara (Category: Breaking News)
- NPP says world has changed and so has it (Category: Breaking News)
- Anura insists visit to India will not change party policy (Category: Breaking News)
- IMF tells NPP it was unaware of all-party meeting (Category: Breaking News)
[…]The post An Oxygen Economy appeared first on Colombo Telegraph.
- Forget The politicians & Their Bureaucrats, This Is Why We The Public, Need To Understand Climat... (Category: Breaking News)
- The Urgent & Critical Issues Related To Climate Change (Category: Breaking News)
- Of That Heavy Carbon Footprint (Category: Breaking News)
- Forget politicians and bureaucrats (Category: Breaking News)
As the Maldives braces itself for the crucial parliamentary election on April 21, 2024, the political landscape is marred by allegations of corruption, cronyism, and abuse of power, particularly within the Progressive National Congress (PNC) led by President Mohamed Muizzu. The unfolding scenario casts a dark shadow over the nation’s democratic fabric as citizens grapple […]
- PNC Championship Golf (Category: USA, South Dakota)
- PNC Championship Golf (Category: USA, South Dakota)
- PNC Championship Golf (Category: USA, South Dakota)
- PNC Championship Golf (Category: USA, South Dakota)
[…]The post Justice Does Not Require A Mandate But A New Government appeared first on Colombo Telegraph.
- A Warning To Be Heeded (Category: Breaking News)
- Accountability Issues & Human Rights Cannot Be Glossed Over (Category: Breaking News)
- Time For Truth Come Out (Category: Breaking News)
- Government Needs To Commit To More Than Commissions (Category: Breaking News)
The chairman of the Colombo Stock Exchange (CSE), Dilshan Wirasekera, discusses opportunities for capital raising and the stock market outlook for 2024 in the following interview: Give us an overview of the current market landscape and discuss the CSE’s overall outlook for the year 2024. We believe the overall outlook of the CSE, for the […]
- CSE conducts Issuer Relations Forum in Anuradhapura (Category: Breaking News)
- Funds raised via CSE up 65% to record Rs. 47.1 b in 2011 (Category: Business)
- Bourse still draws a beeline (Category: Business)
- SEC chairman calls for positive mindset, better housekeeping and collaborative synergies (Category: Breaking News)
[…]The post Ramayana Trail – The Sacred Mission appeared first on Colombo Telegraph.
- India and Sri Lanka begin joint work to establish land bridge (Category: Breaking News)
- India pledges wholehearted support for developing Ramayana Trail in SL (Category: Breaking News)
- India & Sri Lanka: Identifying New Opportunities & Forging New Bonds (Category: Breaking News)
- Canadian PM reiterates strong opposition to Tigers (Category: Breaking News)
The Department of Census and Statistics (DCS) has revealed in its latest report that the overall rate of inflation in Sri Lanka, as measured by the National Consumer Price Index (NCPI) on a Year-on-Year basis, decreased to 2.5% in March 2024, compared to 5.1% in February 2024.The post Sri Lanka’s inflation eases to 2.5% in March 2024 appeared first on ONLANKA - Sri Lanka Latest Breaking News...
- CB says a big drop in inflation this month (Category: Breaking News)
- Price Trend (Category: Business)
- Sri Lanka’s consumer inflation eases in May 2023 (Category: Breaking News)
- Sri Lanka consumer inflation dips to 49.2% year-on-year in March (Category: Breaking News)
[…]The post Palestine & Ukraine: Two More Nails In Imperialism’s Coffin? – Part II appeared first on Colombo Telegraph.
- Palestine & Ukraine: Two More Nails In Imperialism’s Coffin? (Category: Breaking News)
- War On China? – V: A “Carnival” Of Quads (Category: Breaking News)
- Vladimir Putin, Xi Jinping & Joe Biden (Category: Breaking News)
- Putin’s Last Stand (Category: Breaking News)
Sri Lankan President Ranil Wickremesinghe declared the government’s commitment to ensuring inclusivity in strengthening the country’s economy, prioritizing both economic growth and citizen welfare.The post Sri Lanka President initiates monthly rice distribution for low-income families appeared
- Cabinet nod to provide rice to 2 million low-income families (Category: Breaking News)
- Every low-income family to receive free rice in April and May (Category: Breaking News)
- Government to provide 10 kg of rice to 2 million families (Category: Breaking News)
- President ensures all those in need will be included in paddy-purchase programme (Category: Breaking News)
[…]The post Reforming Education: Target For Creative Capital & Not For Mere Human Capital appeared first on Colombo Telegraph.
- Target 2048 – Go For Creative Capital And Not For Mere Human Capital (Category: Breaking News)
- Target 2048 – Develop A Knowledge-Based Innovative Economy (Category: Breaking News)
- Target 2048 – Complex Economy System (Category: Breaking News)
- A case for peer group based self-learning – Part 1 (Category: Breaking News)
President Ranil Wickremesinghe declared the government s commitment to ensuring inclusivity in strengthening the country s economy, prioritizing both economic growth and citizen welfare. He emphasized the need to distribute economic benefits equitably among all citizens, acknowledging the impact
- Italian Stance (Category: Business)
- Improved Orders (Category: Business)
- Nature's gift (Category: Technology)
- Space race (Category: Technology)
[…]The post Debt, Divestiture & Discontent appeared first on Colombo Telegraph.
- RW’s Plea In Paris & Predicament At Home (Category: Breaking News)
- Anti-Terrorism Act To Prevent System Change (Category: Breaking News)
- Glocalization Without Financialization (Category: Breaking News)
- Restructuring The Economy: A Stock Take (Category: Breaking News)
ECONOMYNEXT –The government is expecting to conclude all the transactions related to divestiture of State-Owned Enterprises (SOE) by August this year under an ambitious reform process, the government-led State-Owned Enterprises Restructuring Unit (SOERU) said. However, the divestiture of loss-making Srilankan Airlines is likely to be concluded by September, it said. The SOERU has already called [&...
- Experimenting with State-Owned Enterprises (Category: Breaking News)
- UL attempt to recruit foreign pilots flops due to low pay, high taxes – Dayasiri (Category: Breaking News)
- State need not do business, says Ranil, seven SOEs to be divested (Category: Breaking News)
- Sri Lankan govt reveals shortlisted bidders for key SOEs; transactions to end by August (Category: Breaking News)
Having hit a roadblock with international bondholders, uncertainty looms over the economy of crisis-hit Sri Lanka and an upcoming review by the International Monetary Fund (IMF), experts warn.
Saturday 20th April, 2024 The Gaza conflict shows signs of spiralling into a much broader war, which is likely to threaten world peace and destabilise the global economy. Friday’s Israeli missile and drone strikes on the Iranian city of Isfahan, which is said to be home to several nuclear
- War and hypocrisy (Category: Breaking News)
- US vetoes UNSC resolution calling for humanitarian pause in Hamas-Israel conflict (Category: Breaking News)
- Israel s economy shrinks more than expected on Gaza war (Category: Breaking News)
- Biden’s port plan (Category: Breaking News)
As a collective body of exporters, we have been at the forefront of sustaining employment and ensuring a steady flow of foreign exchange, even amidst the most severe economic downturns faced by our nation. Our membership covers the majority of merchandise exports, which account for some 13% of Sri Lanka’s GDP. Today, we stand united […]
- ‘Recognizing, Inspiring and Strengthening’ SL’s exporters (Category: Breaking News)
- Brandix excels at export awards (Category: Breaking News)
- Dollars and conscience (Category: Breaking News)
- Why record export earnings may not be good news (Category: Breaking News)
In a recent televised interview, Nishan de Mel, the Executive Director of Verité Research, stated that holders of Sri Lanka’s International Sovereign Bonds (ISBs) have expressed concerns about specific aspects of the debt sustainability analysis conducted by the country alongside the IMF. This disagreement is one of the key hurdles in reaching an accord with […]
- Lanka gets restructuring proposal from bond holders (Category: Breaking News)
- SL will engage major T-bond holders for voluntary optimization: Governor (Category: Breaking News)
- Initial restricted discussions between SL and members of ad hoc group of bondholders concluded (Category: Breaking News)
- Abandon the battle for power, President tells parliament (Category: Breaking News)
Despite yet another enthralling cameo from MS Dhoni – this time pushing Chennai Super Kings to a good total on a tacky surface – CSK finished second best in Lucknow. KL Rahul was largely responsible for that outcome as he smashed a fine 53-ball 82 in the chase. Quinton de Kock got runs too as […]
- Jake Fraser-McGurk enjoys fine IPL debut as Delhi Capitals down Lucknow Super Giants (Category: Breaking News)
- Salt, Starc star in Kolkata Knight Rider’s comprehensive win over Lucknow Super Giants (Category: Breaking News)
- Abhishek, Markram lead Sunrisers Hyderabad to their second win of the season (Category: Breaking News)
- Rohit ton in vain after Pathirana four-fer (Category: Breaking News)
Sri Lankan President Ranil Wickremesinghe expressed his firm conviction in his ability to shape Sri Lanka into the country that the nation’s youth envision.The post President says he will build a Sri Lanka that the youth aspire to appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- President joins Sinhala and Tamil New Year celebrations in Nuwara Eliya (Category: Breaking News)
- President attends Sinhala and Tamil New Year festivities in Nuwara Eliya (Category: Breaking News)
- President Participates in Sinhala and Tamil New Year Festivities Organized by the Nuwara Eliya M... (Category: Breaking News)
- Prez offers to convert N’Eliya Post Office into a hotel (Category: Breaking News)
Friday 19th April, 2024 One wonders whether the Parliament of Sri Lanka, which is full of self-righteous members who moralise to the point of queasiness, has taken upon itself the task of serving as a moral compass of sorts for the nation. Its sessions are characterised by endless tub-thumping. During the past several weeks, Parliament […]
- Duty-free permits for lawmakers and House officials: Govt. sidesteps several RTI queries (Category: Breaking News)
- Some MPs get impatient with delay in issuing their duty-free vehicle permits (Category: Breaking News)
- No current MPs have requested for duty free vehicle permits  Acting Finance Minister (Category: Breaking News)
- Search for true democracy (Category: Breaking News)
by Dr. Santhushya Fernando, Dr. Laleen Jayamanne and Professor Sumathy Sivamohan We, three academics, coming from three different intellectual disciplines (Medicine, English Literature, Theatre and Film Studies) worked alongside each other here so as to understand this mysterious process of a ‘will to abstraction’ or non-objective art, evident in Sarath’s work. None of us are […]
- A Bilingual Public Sphere of Visual Art Criticism: (Category: Breaking News)
- The Copper Tumbler & Donkeys in Mannar: A Work of Mourning – II (Category: Breaking News)
- Eugenio Barba’s Living Archive & Floating Islands – II (Category: Breaking News)
- Brecht’s Chalk Circle Again and Again (Category: Breaking News)
The Samagi Jana Balawegaya (SJB) has urged the government to maintain transparency in the ongoing debt restructuring process as national elections are around the corner and that the next government will have to honour the conditions agreed upon by the incumbent administration. The SJB said so soon after the government of Sri Lanka rejected international […]
- Harsha accuses govt. of being secretive about debt negotiations with international commercial cr... (Category: Breaking News)
- Harsha hints at Chinese hurdle in debt relief talks (Category: Breaking News)
- Sajith tells President to get facts right (Category: Breaking News)
- Kiriella: Rule of law should be restored for investors to come (Category: Breaking News)
A year after India overtook China to become the world’s most populous country, its rapid upward economic trajectory and increasing diplomatic, scientific and military weight make it an emerging superpower of ever-growing importance to the United States and the world. Indian Prime Minister Narendra Modi addressed Newsweek’s written questions and followed up with a 90-minute […]
- India’s commitment to climate change an example to the world! (Category: Breaking News)
- Navigating India’s Future: A Deep Dive into Modi’s Governance (Category: Breaking News)
- Ceylon Chamber identifies opportunities in Brazil during FIFA 2014 and Olympics 2016 (Category: Business)
- Modi, combining India’s foreign policy with domestic interest (Category: Breaking News)
Jos Buttler smashed a century – his second of the season – and nullified Sunil Narine’s first triple-figure score in the tournament to pave the way for the joint-highest run-chase in IPL history. Narine’s reprise of the opening role for KKR hit a new peak as the West Indian scored 109 off 56. KKR, backed […]
- Sunil Narine, Venkatesh Iyer outmuscle Royal Challengers Bengaluru at the Chinnaswamy (Category: Breaking News)
- Parag, Chahal make it two in two for Rajasthan Royals (Category: Breaking News)
- Rashid, Tewatia star in Gujarat Titan’s Jaipur heist (Category: Breaking News)
- Buttler’s sixth ton trumps Kohli’s eighth as Royals go four-from-four (Category: Breaking News)
WB: Sri Lanka needs ‘robust and credible structural reforms’ Poverty in Sri Lanka has increased over the past four years, from 11 percent in 2019 to 26 percent in 2024, and the country needs ‘robust and credible structural reforms,’ says the latest report released by the World Bank. The WB report, titled ‘Sri Lanka Development […]
- More than a quarter of Lankans living in poverty – World Bank (Category: Breaking News)
- Sri Lanka’s economy shows signs of stabilization, but poverty to remain elevated (Category: Breaking News)
- Poverty, Aswesuma and food security (Category: Breaking News)
- WB predicts Lanka’s poverty will increase to 28% in 2023 from 25% recorded last year (Category: Breaking News)
Sri Lanka informed the G-24 Finance Ministers and Central Bank Governors that the country’s economy has now stabilised. State Minister of Finance Shehan Semasinghe told the delegates during the IMF/WB Spring meetings in Washington that the growth momentum in Sri Lanka has commenced. “
- IMF and Sri Lanka discuss next steps to finalize 2nd Review (Category: Breaking News)
- Thai Airways resumes daily flights to Colombo (Category: Breaking News)
- Weerasena Gamage takes oaths as an MP (Category: Breaking News)
- Indigo commences direct flights between Mumbai-Colombo (Category: Breaking News)
Reuters reports that Sri Lanka has turned down a restructuring plan proposed by international bondholders to address its $12 billion debt, thereby endangering crucial International Monetary Fund (IMF) aid and further delaying the resolution of its ongoing two-year debt crisis.The post Sri Lanka debt restructuring stumbles as government rejects bondholders’ proposal appeared first on ONLANKA ...
- Sri Lanka confident of meeting conditions for IMF funding soon – report (Category: Breaking News)
- Global investors and Sri Lanka officials set for second round of Bond Restructuring talks (Category: Breaking News)
- Sri Lanka bondholders ready for debt restructuring talks with authorities (Category: Breaking News)
- IMF ready to support Sri Lanka’s discussions with bondholders (Category: Breaking News)
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