Sri Lanka News Explorer
Last 7 Days
- Mar-21, Thursday (2)
- Mar-27, Wednesday (1)
Older News
- Older than 2023-Sep (154)
- 2023-Sep (9)
- 2023-Oct (5)
- 2023-Nov (6)
- 2023-Dec (4)
- 2024-Jan (2)
- 2024-Feb (7)
- 2024-Mar (6)
Narrow by Category
- Breaking News (193)
after its foreign exchange reserves dwindled to […]
- Cricketer Lahiru Thirimanna injured in accident (Category: Breaking News)
- Major fire in Colombo building (Category: Breaking News)
- Students protest after boy dies following Thirukkovil marathon (Category: Breaking News)
- Exhibition of Mosaics by Rajani Serasinghe (Category: Breaking News)
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.
- Some Sri Lanka creditors seeking debt restructuring deal without China (Category: Breaking News)
- Sri Lanka Expects Major Debt Restructuring Deals as IMF to Review Bailout (Category: Breaking News)
- Sri Lanka Close to IMF Agreement, Is Weighing Bondholder Terms, Semasinghe Says (Category: Breaking News)
- Sri Lanka risks IMF roadblock as local debt plan gets few takers (Category: Breaking News)
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, […]
- Mathews overlooked Chamari picked in The Hundred draft (Category: Breaking News)
- Sri Lankan born pioneer of location-tracking technology in King’s honours list (Category: Breaking News)
- Thailand and Sri Lanka to sign FTA in February (Category: Breaking News)
- US bridge collapses after being hit by Colombo bound ship (Category: Breaking News)
By Neville Ladduwahetty During President Ranil Wickremesinghe’s India visit in July 2023, five Memorandums of Understanding (MOU) were signed by India and Sri Lanka to establish physical connections between the two countries. This was followed more recently by the launch of the Unified Payments Interface (UPI) – a mechanism that claims to reduce the cost […]
- India assures continued support for SL at Creditors’ Committee along with Japan and Paris Club (Category: Breaking News)
- India to push rupee investments in Sri Lanka (Category: Breaking News)
- PM Modi’s comments: ‘Ensure dignity and respect for Tamils’ (Category: Breaking News)
- Sri Lanka notifies Indian rupee as designated currency (Category: Breaking News)
Sri Lanka's President, Ranil Wickremesinghe, asserted that the nation’s economy is experiencing robust growth due to the government’s initiatives.The post Sri Lanka’s President says Government initiatives drive robust economic growth appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka President Ranil delivers Government’s policy statement in Parliament (Category: Breaking News)
- Sri Lanka expects 1.8% Economic growth in 2024 (Category: Breaking News)
- Government’s objective is to develop Sri Lanka as a thriving nation by 2048 (Category: Breaking News)
- Sri Lanka to restart IMF bailout talks, president calls for unity Government (Category: Breaking News)
Pakistan must navigate challenges in the finance sector by diversifying its economic alliances, reducing dependence on singular partners, and negotiating funding arrangements that align with its long-term developmental objectives. The road ahead demands astute diplomatic manoeuvring, a commitment to economic resilience, and a proactive approach to curb corruption and inefficiencies of the Pakistan...
- As economic situation looks gloomy in Pakistan, IMF advises strict measures (Category: Breaking News)
- Amid surge in inflation, Pakistanis face difficulties in performing Haj (Category: Breaking News)
- IMF asks Pakistan to take steps to be able to function as a country (Category: Breaking News)
- SPECIAL: Minority Rights and Electoral Dynamics in Pakistan (Category: Breaking News)
The Indian government is working on operationalizing Rupee investments in Sri Lanka in a move to boost Indian investments in its southern neighbor, two people aware of the matter told Mint.The post India to push rupee investments in Sri Lanka appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Indian Government allows Sri Lankans to hold $10,000 worth of rupee in cash (Category: Breaking News)
- Sri Lankan bank opens VOSTRO account in India (Category: Breaking News)
- Sri Lankan Rupee further depreciates against U.S. Dollar (Category: Breaking News)
- India to push rupee investments in Sri Lanka - report (Category: Breaking News)
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.
- Senior US official discusses Sri Lanka s IMF program in Colombo (Category: Breaking News)
- U.S. Deputy Secretary of State commends Sri Lanka’s economic efforts (Category: Breaking News)
- U.S. Deputy Secretary Verma commends Sri Lanka s economic recovery efforts (Category: Breaking News)
- U.S. Deputy Secretary of State calls on President Ranil (Category: Breaking News)
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 […]
- “We may contest elections separately but let us collaborate in nation-building endeavors” – Pres... (Category: Breaking News)
- Sri Lanka President Ranil delivers Government’s policy statement in Parliament (Category: Breaking News)
- President ready to exempt school supplies, health equipment, medicine, etc., from VAT (Category: Breaking News)
- Govt will increase benefits for people as revenue buffers strengthen, says President (Category: Breaking News)
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 […]
- Sri Lanka President Ranil delivers Government’s policy statement in Parliament (Category: Breaking News)
- Economy improving, VAT can be reduced – RW (Category: Breaking News)
- Government’s objective is to develop Sri Lanka as a thriving nation by 2048 (Category: Breaking News)
- The Government’s objective is to develop Sri Lanka as a thriving nation by 2048 – President (Category: Breaking News)
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.
- “We may contest elections separately but let us collaborate in nation-building endeavors” – Pres... (Category: Breaking News)
- Economy improving, VAT can be reduced – RW (Category: Breaking News)
- Government’s objective is to develop Sri Lanka as a thriving nation by 2048 (Category: Breaking News)
- Sri Lanka President says Let 2048 be the year of development for Sri Lanka (Category: Breaking News)
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.
- Sri Lanka set to begin talks to restructure debt of $30 Billion (Category: Breaking News)
- Sri Lanka to start restructuring talks with investors next week, Bloomberg News reports (Category: Breaking News)
- Sri Lanka announces $10 billion local bond swap deal ahead of IMF visit (Category: Breaking News)
- Sri Lanka looks at debt relief through nature conservation – report (Category: Breaking News)
exchange reserves […]
- Sri Lanka and China’s EXIM Bank discuss debt restructuring exercise (Category: Breaking News)
- China only observer in Sri Lanka’s debt restructuring platform (Category: Breaking News)
- China hails Sri Lanka’s strong rebuttal to “Chinese debt trap” (Category: Breaking News)
- Japanese Foreign Minister to hold crucial talks in Sri Lanka (Category: Breaking News)
President Ranil Wickremesinghe extended an invitation to all political party leaders in the Parliament to engage in discussions with the Managing Director of the International Monetary Fund (IMF) on the implementation of the agreement with the IMF. Emphasizing the importance of unity in leading the country to success, he reiterated that withdrawing from the agreement […]
- President invites party leaders for ‘collective dialogue’ with IMF (Category: Breaking News)
- President seeks opposition support to implement IMF deal (Category: Breaking News)
- Sri Lanka to reach IMF staff level agreement, debt restructuring framework by end July: PM (Category: Breaking News)
- Sri Lanka likely to go ahead with new income tax regime, but president “ready to discuss” (Category: Breaking News)
Sri Lanka's consumer price inflation rate jumped to 4.2% year-on-year in December driven by rising food prices, official data showed on Monday, although it remains well below record high levels seen at the height of the country's financial crisis.The post Rising food prices drive Sri Lanka inflation up to 4.2% in December appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka’s key inflation rate rises to 1.5% in October (Category: Breaking News)
- Sri Lanka consumer price inflation eases to 53.2% in January but impulses still persist (Category: Breaking News)
- Sri Lanka’s key inflation rate eases to 50.6% in February (Category: Breaking News)
- Sri Lanka’s July consumer inflation more than halves to 4.6% (Category: Breaking News)
Sri Lanka said on Wednesday it expects its foreign exchange reserves to rise above $4 billion this month, their highest level since the island nation plunged last year into its worst economic crisis since independence in 1948.The post Sri Lanka sees forex reserves exceeding $4 billion after fresh
- Exclusive: Sri Lanka expects up to $8 billion more in loans, asset restructuring (Category: Breaking News)
- India to allow Sri Lanka to repay debt over 12 years (Category: Breaking News)
- India plans no more funding for Sri Lanka as IMF talks progress (Category: Breaking News)
- Samagi Jana Balawegaya warns against counting foreign loans as part of forex reserves (Category: Breaking News)
Sri Lanka's economy grew by 1.6% in the quarter from July to September, official data showed on Friday, as the country claws its way back from its worst financial crisis in more than seven decades following a record fall in foreign exchange reserves.The post Sri Lanka’s economy returns to growth, led by agriculture appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka’s economy to shrink by 2% in 2023, Central Bank says (Category: Breaking News)
- Sri Lanka’s Economy suffers worst contraction in 2022 (Category: Breaking News)
- Sri Lanka central bank chief: monetary policy transmission still incomplete (Category: Breaking News)
- Sri Lanka’s economy shrinks 11.8% in second-worst performance (Category: Breaking News)
Sri Lanka extended restrictions on outward remittances by six months to manage foreign exchange reserves, cabinet spokesperson and transport minister Bandula Gunawardane told reporters at a weekly cabinet briefing on Tuesday.
Sri Lanka will get about $600 million, on a staggered basis, from the Asian Development Bank after the International Monetary Fund releases the second tranche of a $2.9 billion bailout for the crisis-hit country, an official said on Tuesday.The post Sri Lanka to receive about $600 million ADB funding post-IMF approval – official appeared first on ONLANKA - Sri Lanka Latest Breaking News and ...
- Sri Lanka eyes US $ 1.3 Billion from multilateral funding agencies this year (Category: Breaking News)
- ADB approves $200 Million to sustain economic stabilization efforts in Sri Lanka (Category: Breaking News)
- Asian Development Bank vows more help for crisis-hit Sri Lanka (Category: Breaking News)
- World Bank releases additional USD 250 million for Sri Lanka to sustain economic reforms (Category: Breaking News)
Sri Lanka's in-principle pact with creditor nations to restructure its debt prepares the way for the International Monetary Fund (IMF) to consider clearing the first review of a bailout next month, the global lender said on Thursday.The post IMF says Sri Lanka debt deal could help board clear first bailout review appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka’s second review of $2.9 billion IMF bailout possible in first half of 2024 – official (Category: Breaking News)
- IMF Team to conduct second review of Sri Lanka’s EFF program in March 2024 (Category: Breaking News)
- IMF board approves first review of Sri Lanka’s nearly $3 billion bailout (Category: Breaking News)
- First review of IMF’s Extended Fund Facility for Sri Lanka to commence today (Category: Breaking News)
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 by 2040, president says appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka needs $100 billion to become net zero emitter by 2040, president says (Category: Breaking News)
- Govt. allocates 600 acres for proposed International Climate Change University (Category: Breaking News)
- President Wickremesinghe warns of climate crisis and unveils ambitious plans (Category: Breaking News)
- Sri Lanka to transition to green economy at a cost (Category: Breaking News)
Monday 27th November, 2023 The SJB has commenced collecting signatures for a public petition as part of a campaign to have those who are responsible for the current economic crisis stripped of their civic rights. Given public resentment, which is palpable, the SJB may be able to obtain hundreds of thousands of signatures for its […]
- SJB blames Rajapaksas for impending financial burden on public, calls for Government change (Category: Breaking News)
- SJB asks President to hold early general election (Category: Breaking News)
- Response to economic revival plan pathetic: Harsha disappointed (Category: Breaking News)
- Little headway in cleaning mess (Category: Breaking News)
Sri Lanka's consumer price inflation rose to 1% in October year-on-year from 0.8% in September, the statistics department said on Tuesday.The post Sri Lankan inflation rises to 1% in October appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka’s key inflation rate rises to 1.5% in October (Category: Breaking News)
- CCPI based inflation drops to 66% in October (Category: Breaking News)
- Sri Lanka’s inflation slows down to 70.6% in October 2022 (Category: Breaking News)
- Sri Lanka’s inflation climbed to 60.8% in July – CCPI (Category: Breaking News)
Sri Lanka’s central bank chief said the government has shared the terms of a $4.2 billion China debt deal with other creditors a key sticking point with countries like India paving the way for more loans from the International Monetary Fund.The post Sri Lanka gives China deal details, keeping IMF aid on track appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- IMF to visit Sri Lanka in late August for staff-level agreement – Central Bank Governor (Category: Breaking News)
- Sri Lanka to officially present IMF deal, debt restructuring plans to creditors tomorrow (Category: Breaking News)
- Sri Lanka Says Inflation Nears Peak, Easing Pressure on Economy (Category: Breaking News)
- Sri Lanka central bank chief says sovereign lenders yet to outline debt talks plans (Category: Breaking News)
Weeks of mounting political tension have erupted into protests and bloodshed in Bangladesh, leaving the country on edge ahead of general elections due in January. Several senior opposition leaders were arrested last Sunday, a day after a massive rally against the government turned violent, resulting in the deaths of at least two opposition supporters. The rejuvenated […]
- Hezbollah steps back from all-out war on Israel over Gaza – for now (Category: Breaking News)
- Taiwan elects William Lai president in historic election (Category: Breaking News)
- World leaders in India for G20 summit (Category: Breaking News)
- Australians vote No in historic referendum (Category: Breaking News)
Sri Lanka's key inflation rate rose to 1.5% in October from 1.3% a month ago, the statistics department said on Tuesday.The post Sri Lanka’s key inflation rate rises to 1.5% in October appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Rising food prices drive Sri Lanka inflation up to 4.2% in December (Category: Breaking News)
- Sri Lanka’s key inflation rate eases to 50.6% in February (Category: Breaking News)
- Sri Lanka unexpectedly cuts rates by 250 bps as inflation eases (Category: Breaking News)
- Sri Lanka’s key inflation rate eases to 25.2% in May (Category: Breaking News)
The International Monetary Fund (IMF) is looking for a strong budget and narrower deficit from Sri Lanka as it seeks funding to bridge the gap between government revenue and expenditure, the IMF mission chief for the country said on Friday.The post IMF wants strong budget, narrower deficit from Sri Lanka appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- IMF wants strong budget, narrower deficit from Sri Lanka (Category: Breaking News)
- IMF warns about budget deficit (Category: Breaking News)
- IMF commends Sri Lanka's commitment to reduce budget deficit, change in policy rates (Category: Breaking News)
- IMF eyes creditor assurances as it prepares Sri Lanka visit (Category: Breaking News)
Sri Lanka's central bank resumed interest rate cuts on Thursday to boost growth and as the government seeks to lift revenue and repair its balance sheets in a bid to secure continued financial support from the International Monetary Fund.The post Sri Lanka resumes rate cuts to boost growth as inflation cools appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka Central Bank cuts statutory reserve ratio by 200 bps (Category: Breaking News)
- CBSL governor says more rate cuts needed for economy to bounce back (Category: Breaking News)
- Sri Lanka unexpectedly cuts rates by 250 bps as inflation eases (Category: Breaking News)
- Sri Lanka signals pause after four rate cuts as IMF loan awaited (Category: Breaking News)
The World Bank revised up its forecasts for Sri Lanka's economy on Tuesday, noting the crisis-hit nation had made strides in reducing inflation and had benefited from tourism revenue as well as an appreciation in its currency.The post World Bank boosts Sri Lanka economic forecasts after inflation progress appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka resumes rate cuts to boost growth as inflation cools (Category: Breaking News)
- Sri Lanka still among 10 countries with highest food price inflation (Category: Breaking News)
- Sri Lanka unexpectedly cuts rates by 250 bps as inflation eases (Category: Breaking News)
- Sri Lanka’s economy to shrink by 2% in 2023, Central Bank says (Category: Breaking News)
[…]The post Has The Economy Been Assassinated & If So, Who Were The Assassins? appeared first on Colombo Telegraph.
- Child’s Guide To Foreign Borrowings: Are They An Evil Or Not? (Category: Breaking News)
- Child’s Guide To Ranilnomics: Proposed Debt Restructuring Will Pose More Issues Than Answers (Category: Breaking News)
- Sri Lanka’s New Government: Be Warned Of The Empty Treasury & Negative Foreign Reserves (Category: Breaking News)
- A Child’s Guide To Currency Board Systems: How Colonial Ceylon Did It? (Category: Breaking News)
Popular Topics
- International Monetary Fund (150)
- Political crisis (159)
- Foreign exchange reserves (193)
- Shortage (41)
- Bank reserves (193)
- Anonymous (2)
- Fuel (73)
- Economy of Sri Lanka (187)
- Russia (10)
- Ukraine (17)
- Sri Lanka Tea (175)
- Tourism (38)
- Sri Lanka Quality Tea (175)
- Sri Lanka Tourism (175)
- Sri Lanka Cricket (176)
- Sri Lanka Hotels (176)
- Sri Lanka Elections (179)
- Adaderana (1)
- Hiru Tv (4)
- ITN News (193)
- Newsfirst (1)
- Shakthi Tv (4)
- Rupavahini (1)
- Derana Dream Star (7)
- EPF (1)
- BBC (6)
- Amanda Knox (1)