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Island under emergency after inflation hit 30-pct and the currency collapses to 380 to dollar from 200
- Government land policy is fair- Keheliya (Category: Breaking News)
- Bond Auction (Category: Business)
- ‘SL will implement home-grown solution’ (Category: Breaking News)
- Market Flavour (Category: Business)
Banks could quote 2.60 rupees plus or minus under the new direction
- CB affirms rupee at 125 (Category: Breaking News)
- Sri Lanka rupee expected to stabilize below 125 (Category: Breaking News)
- Sri Lanka issues $ 278 million development bonds (Category: Breaking News)
- Central Bank announces official USD exchange rates (Category: Breaking News)
Export financing institution India Exim Bank is looking at restructuring its $ 1.3 billion exposure to crisis-ridden Sri Lanka.The post Exim Bank may recast $1.3 billion Sri Lanka Loans appeared...Click on the headline to read the full story
Up to February US$85mn flows into stocks
- State offers funds for those struggling with rent, mortgage due to COVID-19 (Category: USA, Iowa)
- State offers funds for those struggling with rent, mortgage due to COVID-19 (Category: USA, Iowa)
- State offers funds for those struggling with rent, mortgage due to COVID-19 (Category: USA, Iowa)
- State offers funds for those struggling with rent, mortgage due to COVID-19 (Category: USA, Iowa)
Tourism receipts estimated at US$174mn up from US$9mn last year
- Sri Lanka gets World Bank loans to support Small and Medium Enterprises and tourism (Category: Breaking News)
- Earnings from tourism increases (Category: Breaking News)
- Perth to host national athletics final (Category: Western Australia)
- Mattala int’l airport on track (Category: Breaking News)
Ranil, three nominees from SLFP/independents, Sarath Fonseka possible candidates if Sajith Premadasa declines
- Kamala Harris' VP win is huge for HBCUs, Tougaloo president says (Category: USA, Mississippi)
- Shribman: Gorman, summoned to participate, is celebrated (Category: USA, Massachusetts)
- Shribman: Gorman, summoned to participate, is celebrated (Category: USA, Massachusetts)
- Shribman: Gorman, summoned to participate, is celebrated (Category: USA, Massachusetts)
ECONOMYNEXT – Sri Lanka’s commercial banks quoted the rupee at between 375-380 to the dollar for telegraphic transactions on Thursday (11) while bond maturities were inactive ahead the 35 billion bond auction today, participants said. The central bank’s indicative spot was quoted at 360.00 against the US dollar on Thursday, up from 364.76 against the US dollar on Wednesday. At the time of filing, ...
- Sri Lanka rupee dollar ‘guidance rate’ appreciates despite severe forex shortages (Category: Breaking News)
- Sri Lanka rupee little changed amid dull trading (Category: Breaking News)
- Sri Lanka rupee at 364.7 to TT dollar, interbank rupee at 359.7 (Category: Breaking News)
- Sri Lanka commercial banks’ rupee quote edges down amid dull trade (Category: Breaking News)
If there is not enough money the central bank has to monetize it
- Sri Lanka’s CEB owes Rs26bn to renewable IPPs (Category: Breaking News)
- Sri Lanka CPC pays rupees to Treasury for Indian credit line (Category: Breaking News)
- Sri Lanka has to print money for state salaries, weakening rupee: Prime Minister (Category: Breaking News)
- Not possible to print ballot papers as no funds received – Government Printer (Category: Breaking News)
Delay in forming a new government could hit sentiment, analysts say
- Sri Lanka shares fall on profit taking (Category: Breaking News)
- Sri Lanka sells Rs81bn in Treasuries, yields steady (Category: Breaking News)
- Sri Lanka sells Rs127bn in bonds, 2032 on tap at 30.09-pct (Category: Breaking News)
- Sri Lanka stocks gain on financials; Sampath Bank leads (Category: Breaking News)
Power cut duration has gradually increased to 5 hours after the curfew lifted partially
- Power back on for parts of downtown Toronto (Category: Canada, Ontario)
- Line damage cuts power (Category: Australia, Tasmania )
- Roozendaal flees his dud power deal (Category: AU, New South Wales)
- Govt. still provides 24-hour uninterrupted electricity to the public (Category: Breaking News)
Wickremesinghe made PM for the 6th time
- No difference between Govt. and LTTE - Ranil (Category: Breaking News)
- No difference between Govt. and LTTE - Ranil . (Category: Breaking News)
- Hardware, software and computer jilmaat (Category: Breaking News)
- Because Karuna who bombed the Dalada Maligawa is now a powerful Sri Lanka Govt. Minister, bombi... (Category: Breaking News)
ECONOMYNEXT – Power cuts up to 5 hours have been approved for Sri Lanka for May 12, Public Utilities Commission Chairman Janaka Ratnayake said as money printing by the central bank triggered forex shortages, disrupting fuel imports. All areas (ABCDEFGHIJKLPQRSTUVW) will have power cuts of 3 hours and 20 minutes from 08.00 am to 03.10 pm and 1 hour and 40 minutes from 06.00 pm and 09.50 pm. Between...
- Power cuts again (Category: Breaking News)
- Power cuts starting from tomorrow (Category: Breaking News)
- Power cuts to continue today (Category: Breaking News)
- Power cuts to be imposed tomorrow (Category: Breaking News)
Sri Lanka has been facing a severe economic crisis since the beginning of 2021 and was trying to cushion the effect of the financial instability by seeking help from almost all friendly countries. Sri Lanka sought the intervention of the good offices of the political hierarchy of Bangladesh and Pakistan, apart from India, for much-needed […]
- China assures will not harm Sri Lanka’s interests (Category: Breaking News)
- China only observer in Sri Lanka’s debt restructuring platform (Category: Breaking News)
- by Arundathie Abeysinghe U.S., Japan, India and Australia ready to intervene to prevent Sri Lank... (Category: Breaking News)
- China’s attitude puzzles Sri Lanka (Category: Breaking News)
SJB parliamentarian Dr. Harsha de Silva today urged the Governor of the Central Bank of Sri Lanka to remain patient as his party is working around the clock to resolve the political crisis in the country.
[…] The post Galle Face Struggle – A Short Resume Of Recent Events! appeared first on Colombo Telegraph.
- BASL; Altruistic Union That Does Not Stand For Its Members’ Sake But For The People (Category: Breaking News)
- 9th July Revolution Ousted Rajapaksa Dynasty; So, Let It Imprimatur (Category: Breaking News)
- Aragalaya: Role Of Protests In Political Change (Category: Breaking News)
- A Janus Moment (Category: Breaking News)
The Governor of the Central Bank of Sri Lanka (CBSL) Dr. Nandalal Weerasinghe says that the economic situation in the country will become worse if political stability is not established soon. The... Click on the headline to read the full story
The Governor of the Central Bank of Sri Lanka (CBSL) Dr. Nandalal Weerasinghe says that the economic situation in the country will become worse if political stability is not established soon.
[…] The post You May Run But No Place To Hide appeared first on Colombo Telegraph.
- The Morning Prayer Of Rajapaksas: Ranil Saranam Gachchāmi (Category: Breaking News)
- Never-Ending Political Games; Country Is At Peril (Category: Breaking News)
- Don’t Shoot The Messenger: Commissions, An “Open Sesame” (Category: Breaking News)
- Going, Going, But Not Gone Yet: Why Delay Inevitability (Category: Breaking News)
The International Monetary Fund (IMF) says technical level discussions with Sri Lanka have commenced and will continue in order to prepare for policy discussions once a new Government has been formed. The IMF said that it remains committed to assist Sri Lanka in line with the IMF’s policies. “On our virtual mission during May 9-23, […]
- IMF delegation to visit Colombo next week (Category: Breaking News)
- IMF seeks stability to resume talks with Sri Lanka (Category: Breaking News)
- IMF notes Sri Lanka still in talks with official bilateral creditors (Category: Breaking News)
- IMF wants social stability maintained in order to help Sri Lanka (Category: Breaking News)
[…] The post Interim Or Military Government; Time To Free Us From Despotism appeared first on Colombo Telegraph.
- Jeered & Sent Home: Ominous Sign Of An Impending Peril (Category: Breaking News)
- Attempt To Pull The Wool Over People’s Eyes: 21A To Bamboozle The Citizens (Category: Breaking News)
- Final Attempt To Resuscitate Despotism (Category: Breaking News)
- Going, Going, But Not Gone Yet: Why Delay Inevitability (Category: Breaking News)
[…] The post A Child’s Guide To Currency Board Systems: The Performance Of Ceylon’s Currency Board appeared first on Colombo Telegraph.
- A Child’s Guide To Currency Board Systems: How Colonial Ceylon Did It? (Category: Breaking News)
- A Child’s Guide To Currency Boards: Why Did Ceylon Give Up The Currency Board, While Singapore D... (Category: Breaking News)
- A Child’s Guide To Currency Board Systems: Has The Monetary Board Failed The Nation? (Category: Breaking News)
- Child’s Guide To Currency Board Systems: Steve Hanke’s Crusade For Currency Boards (Category: Breaking News)
[…] The post Defiance & Desperation appeared first on Colombo Telegraph.
- RW Summons Youth For Economic Marathon (Category: Breaking News)
- Ranil’s Perilous Authoritarian Alternative (Category: Breaking News)
- The Road Ahead For RW & Aragalaya (Category: Breaking News)
- Echoes Of Aragalaya In Geneva (Category: Breaking News)
The Asian Infrastructure Investment Bank (AIIB) has stated that it is considering the granting of USD 100 million to Sri Lanka in principle, the Ministry of Finance says. The post AIIB considering a... Click on the headline to read the full story
The Asian Infrastructure Investment Bank (AIIB) has stated that it is considering the granting of USD 100 million to Sri Lanka in principle, the Ministry of Finance says.
By Steve Grant In 1993 then premier of China, Zhu Rongji, stood in front of a large map on his office wall, pointed to it and saw China’s destiny. China was largely landlocked, he said, open to the sea only on one side. It was different to other great powers who looked out onto a […]
- Chinese military raises tensions everywhere it goes (Category: Breaking News)
- Obama tells Asia, U.S. ‘here to stay’ (Category: Business)
- 2023 outlook: India will mark its rise by showing leadership (Category: Breaking News)
- No inflation respite for Asia despite fall in food, fuel prices (Category: Business)
[…] The post An Economic Programme For The Colour-Revolution appeared first on Colombo Telegraph.
- Lanka: Dilemmas & Economic Programmes – Do We Consume More Than We Produce? (Category: Breaking News)
- The JVP & The Tamil People: Change The Party Line Now! (Category: Breaking News)
- Lanka Adrift In Tempestuous Seas (Category: Breaking News)
- Waiting For Godot: Can Some Developing Nations Unite & Transform The Planet? (Category: Breaking News)
[…] The post Vasudeva’s Ultimate Surrender: Once A Revolutionary, Now A Roadblock appeared first on Colombo Telegraph.
- Mahinda Should Have Retired After Two Terms: Chamal Rajapaksa – Gota Should Resign Now! (Category: Breaking News)
- Mahinda Is Bowing Out! What About Gota? (Category: Breaking News)
- Protesters Stand Tall, Parliament Falls Short, President Stays Unseen & Unheard (Category: Breaking News)
- Whose Saviour Is Ranil? And Who Is Being Clever – Ranil Or Gota? (Category: Breaking News)
[…] The post The Changing Meanings Of System Change appeared first on Colombo Telegraph.
- The Police & Aragalaya Activists In A Time Of Social Upheaval (Category: Breaking News)
- The Caste Based Culture Is Still The Key Obstacle For Development In Sri Lanka (Category: Breaking News)
- Lord Of The Flies Sri Lankan version: Strange experiment: Making A Good Society Through Bad Laws (Category: Breaking News)
- The Criteria For The Selection Of The New Inspector General Of Police (Category: Breaking News)
[…] The post Sri Lanka In Dire Straits appeared first on Colombo Telegraph.
- Harsha Urges Government To Discuss Plan Ahead (Category: Breaking News)
- Actually, The Foreign Ministry Certainly Seems Foreign Now (Category: Breaking News)
- Actually, The Foreign Ministry Certainly Seems Foreign Now (Category: Breaking News)
- Actually, The Foreign Ministry Certainly Seems Foreign Now (Category: Breaking News)
[…] The post From Galle Face To The IMF appeared first on Colombo Telegraph.
- Video: HIRU THANIWELA EP 400 (Category: Video)
- Video: CoL has increased by 400 percent - Maithri (Category: Video)
- Nearly 400 arrested over recent mob violence (Category: Breaking News)
- 400 Shops In Colombo To Be Sealed (Category: Breaking News)
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