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Global un-employment set to rise
By Hiran H.Senewiratne The CSE noted a decline in net foreign outflows this year compared to the previous two years. It is said that to date only Rs 680 million in foreign outflows have been reported. However, in 2021 Rs 52.2 billion in foreign outflows had been reported, while in 2020 that corresponding amount was […]
By Sanath Nanayakkare There is still possibility for Sri Lanka to arrive at a staff level agreement with the International Monetary Fund (IMF) by August 2022 to qualify for an extended fund facility, but the new government will need to demonstrate its ability to implement the required policies within an agreed upon time frame.” the […]
Embracing its commitment to continuously strengthen and invest in its employees, Amana Takaful Insurance recently embarked on a new project to fortify the skills and competencies of its senior managers. By partnering with the Postgraduate Institute of Management (PIM), selected members from the senior management tiers of Amana Takaful Insurance will undergo a rigorous leadership […]
[…]The post Impunity In Times Of Uncertainty appeared first on Colombo Telegraph.
After helping Sri Lanka with an unprecedented assistance of around $4 billion since January as the country plunged into a deep economic crisis, India is now planning to invest heavily in newer sectors through both private and public firms there, Gopal Baglay, high commissioner of India to Sri Lanka, told ThePrint in an interview.
Investors are waiting for some positive news to enter market.
By Maldives Voice In the past four months, Sri Lanka has left no stones unturned trying to combat the ongoing economic crisis that still prevails in the nation. Most of which, the credit duly goes to the Rajapaksa political dynasty that has stayed to overrule Lanka for more than half a century. July 9th 2022, […]
[…]The post July 1983 Pogrom: The Black Week That Devastatingly Impacted Sri Lanka Forever appeared first on Colombo Telegraph.
[…]The post An Open Letter & Appeal To The IMF appeared first on Colombo Telegraph.
The government defaulted an interest payment of 78 million US dollar of a sovereign bond on May 19
Station masters have refused to hike train fares
(REUTERS); Sri Lanka has asked China to help with trade, investment and tourism to help it grow sustainably, Colombo’s envoy to Beijing said on Monday as it negotiates for an emergency $4 billion package to help it emerge from an economic meltdown. The island nation of 22 million people is suffering its worst economic crisis […]Sri Lanka asks China for help with trade, investment and t...
COLOMBO (News 1st)/ ThePrint; Indian High Commissioner to Sri Lanka Gopal Baglay said that after helping Sri Lanka with an unprecedented assistance of around $4 billion since January, India is now planning to invest heavily in newer sectors through both private and public firms there. The Indian High Commissioner speaking to ThePrint, Baglay said that […]Long-term investments in Sri Lanka ar...
[…]The post President Has To Try Harder To Re-Establish A Legitimate Government appeared first on Colombo Telegraph.
[…]The post Aragalaya Betrayed & Exploited, But Rejuvenating appeared first on Colombo Telegraph.
Sri Lanka’s new President, Ranil Wickremesinghe, had sought the top job for decades. Now he has to find ways to avoid the fate of his predecessor as he fends off protesters who’re angry about persistent food and fuel shortages.The post Here’s what to expect in Sri Lanka with a new President in power appeared first on ONLANKA News :. Sri Lanka Breaking News Updates - Sri Lanka Latest News.
Entire wards are dark and nearly empty in Sri Lanka's largest hospital, its few remaining patients leaving untreated and still in pain, and doctors prevented from even arriving for their shifts.The post Shortages leave bankrupt Sri Lanka’s hospitals empty appeared first on ONLANKA News :. Sri Lanka Breaking News Updates - Sri Lanka Latest News.
President Ranil Wickremesinghe is leading talks to form an all-party Government, the Government said today. Cabinet Spokesman, Bandula Gunawardena said that the current Cabinet is an interim Government. He told reporters today that the interim Government is also an all-party Government with the President, Prime Minister and Cabinet Ministers from different political parties. Sri Lanka […]
Sri Lanka has asked China to help with trade, investment and tourism to help it grow sustainably, Colombo's envoy to Beijing said on Monday as it negotiates for an emergency $4 billion package to help it emerge from an economic meltdown.The post Sri Lanka asks China for help with trade, investment and tourism appeared first on ONLANKA News :. Sri Lanka Breaking News Updates - Sri Lanka Latest News...
But it is a tool and a means only, not the ultimate goal. It is simply compulsion and coercion; it is the police power.
By Shamindra Ferdinando President’s Counsel Manohara de Silva yesterday reminded the new government that it couldn’t absolve itself of the responsibility for the protection of ex-President Gotabaya Rajapaksa now being hounded by interested parties over unsubstantiated war crimes allegations entirely based on hearsay evidence. The leading lawyer said so in response to The Island query […]
by Jehan Perera The election of President Ranil Wickremesinghe, by a large majority in Parliament, gave a momentary sense of hope to the general population that the political and economic chaos of the past four months would end. There is recognition that the new President has both the intellectual wherewithal and years of experience in […]
Tuesday 26th July, 2022 The JVP is notorious for miscalculations, which are legion, but it seems to have got its maths right for once anent the outcome of the recent vote in Parliament. Leader of the JVP-led NPP Anura Kumara Dissanayake has sought to bolster his claim that some Opposition MPs had their palms greased […]
India will play its due role in advancing global food security, upholding equity, displaying compassion and promoting social justice, said First Secretary Sneha Dubey at the UN Security Council high-level special event on global food security crisis on Monday (local time). Dubey said that New Delhi is running the world’s largest food-based safety net programme, […]
A talented team, “Fission Impossible”, from Bishop’s College, Colombo, have emerged triumphant in an international environmental competition for high school students- Deakin University’s Young Environmentalists’ Challenge (YEC). The formidable team, consisting of A-Levels students Mehara Jayasinghe, Visha Peiris, Aniqah Irshad Cassim and Amashki Samarasinghe, mentored by their teacher-n-charge, Mr...
Market sees fall after military attacked protesters last week
The Presidential Secretariat, which was stormed by a sea of anti-government protesters in early July, resumed operations from today (Monday), 100 days after the building’s entry gate was blocked, officials said. The building’s entry gate has been blocked by the protesters since April 9. On July 9, the protesters stormed the building and occupied it. […]
Sri Lanka is struggling to find dollars to import fuel
President Ranil Wickremesinghe, in a letter to India’s new President Droupadi Murmu, said her leadership will give fresh impetus to the joint endeavours of India and Sri Lanka. he said that Murmu’s appointment to the chief responsibility in one of the biggest democracies is testimony to the trust and confidence the Government and the people […]