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[…]The post India Reached Moon, Ranil, Where Are We Heading? Yes, Now I Do Not Like Ranil appeared first on Colombo Telegraph.
People’s Bank today announced the results for its six months ended June 30, 2023 reporting total consolidated operating income and pre-tax profit amounting to LKR 48.2 billion and LKR 9.4 billion, respectively (1H -2022: LKR 80.7 billion and LKR 15.2 billion). Due to higher interest costs; stemming from the high interest rate environment which prevailed […]
Thursday 31st August, 2023 Neither the government nor the Opposition seems keen to knuckle down and help rebuild the economy. Both of them are wallowing in divisive politics and devising ways and means of shoring up their stock. This, they are doing while feigning willingness to cooperate
The highly anticipated annual event celebrating Sri Lanka’s Most Admired Companies (MAC Awards) for 2022 took place recently, captivating an audience of distinguished corporate leaders and esteemed diplomats. The award ceremony, organized by ICC Sri Lanka, AICPA & CIMA and DailyFT unveiled and recognized the exceptional accomplishments of these top-ranking companies in the country. The [...
[…]The post Modern Ramsethu: An Unlikely Bridge appeared first on Colombo Telegraph.
The highly anticipated annual event celebrating Sri Lanka’s Most Admired Companies (MAC Awards) for 2022 took place recently, captivating an audience of distinguished corporate leaders and esteemed diplomats. The award ceremony, organized by ICC Sri Lanka, AICPA & CIMA and DailyFT unveiled and recognized the exceptional accomplishments of these top-ranking companies in the country. The [...
[…]The post Calm Before The Storm! Aragalaya -’22 Has Rested Enough!!! appeared first on Colombo Telegraph.
President Wickremesinghe Stresses Self-Reliance and Overhauling Economy at Sustainable Development Forum
By Shamindra Ferdinando Justice Minister Dr. Wijeyadasa Rajapakse, PC, declared in Parliament that the winners of LPL (Lanka Premier League) 2023 B-Love Kandy had been sponsored by an enterprise that was banned in the country. The statement was made in Parliament on 24th August. The one-time President of the Bar Association found fault with SLC […]
The Civil Society Collective for Democracy, also known by its slogan ‘Stand for Democracy’, today called for a halt to state repression. The coalition of concerned citizens and organizations, including civil society organizations, professionals, academics, trade unions, youth leaders, activists, media personnel, religious figures, and other influencers, convened today at the Sri Lanka Foundation I...
President Ranil Wickremesinghe highlighted Sri Lanka s efforts to overhaul its economy, aiming for competitiveness, seeking new markets and attracting foreign investments and capital following the path of countries like Thailand, Indonesia and Vietnam, the President s Media Division (PMD) reported.
Beijing [China], August 19 (ANI): Raising concerns regarding the financial crisis triggered by the downturn in China’s real estate market, Chinese investment firm Zhongrong Trust , which managed USD 87 billion worth of funds for corporate clients and wealthy individuals as of the end of 2022, had failed to pay the interest and principal on […]
by Laura He China has long been the engine of global growth. But in recent weeks, its economic slowdown has alarmed international leaders and investors who are no longer counting on it to be a bulwark against weakness elsewhere. In fact, for the first time in decades, the world’s second economy
H.J.M Seneviratne, 63, slices through yellowed paddy stems dried out by a drought that has destroyed over 95% of his crop and is threatening crisis-hit Sri Lanka's summer rice harvest.The post Drought dents Sri Lanka’s economic hopes, farmers’ livelihood appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
[…]The post Politically Strategic Or Principled Decisionmaking In The National Interest? appeared first on Colombo Telegraph.
[…]The post Sri Lankan Perspective On Insecurity Dilemma: National Security A Shield For Regime Politics? appeared first on Colombo Telegraph.
The National Peace Council (NPC) has urged the government to increase the wages of plantation workers. The following is the text of the statement issued by the NPC yesterday: “During the past month several events took place to mark the 200th Anniversary of the Malaiyaha Tamil people in Sri Lanka. Of symbolic significance was the […]
[…]The post Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? – Part VI appeared first on Colombo Telegraph.
[…]The post Shani’s Release & State Accountability appeared first on Colombo Telegraph.
Small and Medium Enterprises (SMEs) is considered the backbone of the country’s economy and is a diverse sector, that massively supports Sri Lanka’s socio-economic development. The sector largely contributes to the country’s GDP and acts as the main employment provider. Over 25 years, Union
[…]The post The Mind Of Junious (A Parable) appeared first on Colombo Telegraph.
[…]The post Target 2048 – Develop A Knowledge-Based Innovative Economy appeared first on Colombo Telegraph.
The Sri Lanka Institute of Marketing (SLIM) is thrilled to announce the eagerly anticipated launch of the 2023 edition of SLIM DIGIS, 2.3, the unique platform that recognizes and applauds the forefront of digital innovation in the marketing landscape. Marking a new chapter in digital marketing excellence, this year’s SLIM DIGIS will include categories that […]
Bio Foods (Pvt.) Ltd., a pioneer in export agriculture in Sri Lanka, proudly commemorates its 30th anniversary as a leader of organic and fair-trade agriculture on a global scale. Established in 1993 by visionary founder and Chairman, Dr. A. Sarath Ranaweera, Bio Foods has emerged as an exemplary model for sustainable and ethical farming practices. […]
[…]The post The Economy & Politics: A Reality Check appeared first on Colombo Telegraph.
Thailand and Sri Lanka expect to sign a free trade agreement (FTA) in early 2024 as the two parties aim for three more rounds of talks this year to conclude the negotiations, according to the chief of according to the chief of the Trade Negotiations Department. Auramon Supthaweethum, director-general of the department, speaking at the […]
KARACHI: Pakistan’s total debt and liabilities rose by 29 percent to Rs77.1 trillion in the fiscal year that ended on June 30, the central bank said on Wednesday, as the government borrowed heavily to finance its spending requirements. At the end of the last fiscal year, the country’s debt and liabilities, including domestic and foreign, […]
Beijing [China], August 15 (ANI): The number of newborns in China in 2023 is estimated to be between 7 to 8 million, which is the lowest tally in 85 years, Khabarhub reported, adding that the Communist nation’s economic slowdown and high unemployment have led to a low birth rate. It reported that the birth rate […]
Sri Lanka is under pressure to show it is serious about eradicating corruption, as the bankrupt South Asian nation prepares for the first review of its International Monetary Fund bailout package in September.The post Sri Lanka’s looming IMF review spotlights anti-corruption drive appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
Zimbabwe’s President Emmerson Mnangagwa won a second term in office, election officials said Saturday, but the opposition rejected the result of a vote that international observers said fell short of democratic standards. Mnangagwa, 80, won 52.6 percent of the ballots against 44 percent for the main challenger, Nelson Chamisa, 45, according to official results announced by […]