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Police search FSP office By Rathindra Kuruwita The government was carrying out a psychological operation to prevent the people from taking to the streets as the economic crisis deepens, Frontline Socialist Party (FSP) Propaganda Secretary, Duminda Nawagamuwa said yesterday, following a police raid of their Colombo office. Nawagamuwa said that a policeman, and 10 men […]
Investors eye on LIOC, plantation shares
UNICEF Sri Lanka has launched a special relief package for pre-school children and mothers hardest hit by the current economic crisis. The initiative conducted in collaboration with the Colombo Municipal Council and Public Health midwives will provide much-needed relief to the urban poor and most disadvantaged families facing severe hardship and struggling to put food […]
China on Thursday defended its massive infrastructure ventures and investments in crisis-hit Sri Lanka and said that they have Âboosted its economic development, amid criticism from the US of Beijing s unproductive projects and opaque loan deals among the reasons for the country s bankruptcy.
China said on Friday it hoped "relevant parties" would refrain from interfering with its legitimate maritime activities after New Delhi voiced concern over a Chinese military ship's planned visit to a port in India's southern neighbor Sri Lanka.The post China defends military ship visit to Sri Lanka appeared first on ONLANKA News :. Sri Lanka Breaking News Updates - Latest News in Sri Lanka.
India, which is trying to expand its influence in crisis-hit Sri Lanka after China made deep inroads there, said on Thursday it was aware of reports about the planned visit of a Chinese vessel to a Sri Lankan port built with money from Beijing.
Sri Lanka has resumed technical discussions with the International Monetary Fund on a potential bailout after a new government took office, the finance ministry said on Friday.The post Sri Lanka resumes bailout discussions with IMF, finance ministry says appeared first on ONLANKA News :. Sri Lanka Breaking News Updates - Latest News in Sri Lanka.
Food prices up 90 percent over 12 months
Until an adequate macroeconomic policy framework is in place, the World Bank does not plan to offer new financing to Sri Lanka, the World Bank said today. The World Bank said the macroeconomic policy framework requires deep structural reforms that focus on economic stabilization, and also on addressing the root structural causes that created this […]
The World Bank Group says it is deeply concerned about the dire economic situation and its impact on the people of Sri LankaThe post No new financing to Sri Lanka until macroeconomic policy framework is ready – World Bank appeared first on ONLANKA News :. Sri Lanka Breaking News Updates - Latest News in Sri Lanka.
[…]The post Looking To The Past: The Political Cultivation Of An Obliging Judiciary To Violate Rights appeared first on Colombo Telegraph.
Sovereign default together with increasing economic challenges poses significant downside risks to DFCC's profitability
[…]The post ‘Ranil Resign!’: Awaken Aragalaya 3.0 appeared first on Colombo Telegraph.
Has government securities
India, which is trying to expand its influence in crisis-hit Sri Lanka after China made deep inroads there, said on Thursday it was aware of reports about the planned visit of a Chinese vessel to a Sri Lankan port built with money from Beijing.The post India says it will protect its interests as Chinese boat heads to Sri Lanka appeared first on ONLANKA News :. Sri Lanka Breaking News Updates - Lat...
Developments in Sri Lanka underline the risk of destabilising social and labour unrest throughout Asia-Pacific because of rising living costs impacting the region, S&P Global Market Intelligence said. Countries with similarly weak economic fundamentals and/ or poor economic policies have reduced resilience to external shocks, such as the COVID-19 pandemic, the Russia-Ukraine conflict, high oil...
Japan handed over the first consignment of a total donation of USD 1.5 million value of medicines being procured through UNICEF to address the severe shortage of medicines in hospitals and clinics in Sri Lanka. The vital assistance will be used to provide much-needed healthcare for children, pregnant mothers, and their families, especially in some […]
Chevron had imported lubricants on credit and had been hit as the rupee collapsed
Newspapers, TV programmes and video presentations have been dealing with the terrible incident that occurred in the premises of the Presidential Secretariat and on the steps leading to it, at predawn on Friday 23 July. Cassandra feels compelled to present her opinion though it is one week from that day. Experts have dissected it and […]
British Politics and Ours Both Sri Lanka and the UK have experienced an unprecedented political upheaval of late. It is interesting that both leaders agreed to resign within a day of each other. Everybody else saw the ‘the end is nigh’ sign for quite a while. They didn’t or didn’t want to see it until […]
Friday 29th July, 2022 Humans are born dreamers, and dreams keep them going. But for their propensity for dreaming, they would never have invented the wheel, much less flown. It may be said that life is a process of chasing dreams, with or without success. Grave crises like the one Sri Lanka is experiencing are […]
By By Eng. Parakrma Jayasinghe Bio Energy Association of Sri Lanka The much-awaited outcome of the interim President is now over. Will this result in some measure of hope for the beleaguered public of reversing the downward slide of the economy and the resultant crisis on the very livelihood of most strata of the society? […]
By Uditha Devapriya Archive images courtesy of the J. R. Jayewardene Centre The role of the journal in the Buddhist Revival in British Ceylon has never been seriously examined by scholars. Most historical accounts trace the origins of a Buddhist press to the late Dutch and early British periods. The growth of print capitalism held […]
[…]The post An Emergency Means Nothing Less Than ‘Legalizing Lawlessness’ appeared first on Colombo Telegraph.
In response to the ongoing economic crisis in the country, the Government of Japan today handed over the first consignment of a total donation of USD 1.5 million value of medicines being procured through UNICEF to address the severe shortage of medicines in hospitals and clinics in the country.
The successful formation of a government under the new President Ranil Wickremesinghe is an important precondition for resolving Sri Lanka’s debt defaultThe post Fitch Ratings calls for political stability in Sri Lanka appeared first on ONLANKA News :. Sri Lanka Breaking News Updates - Latest News in Sri Lanka.
Main share index rises 1st time in 4 sessions
By Easwaran Rutnam China has defended the loans it has offered to Sri Lanka following concerns raised by the United States. Chinese Foreign Ministry spokesman Zhao Lijian said that the cooperation between Sri Lanka and China has always followed the principle of being Sri Lanka-led. “All cooperation projects have gone through scientific planning and thorough […]