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- Breaking News (4473)
By Shamindra Ferdinando ‘Sarvajana Balaya’ political alliance consisting of former SLPP constituents has declared the grouping as the only viable alternative to President Ranil Wickremesinghe as SJB leader Sajith Premadasa as well as JJB/JVP leader Anura Kumara Dissanayake were pursuing the same agenda inimical to national interests. The grouping pointed out the position taken by […]
- ‘Sarvajana Balaya’ political movement launched in Colombo (Category: Breaking News)
- Dilith, Gammanpila, Wimal form new political movement - Sarvajana Balaya (Category: Breaking News)
- Sarvajana Balaya stage protest against proposed Sri Lanka Electricity Bill (Category: Breaking News)
- Sarvajana Balaya holds inaugural public rally in Nugegoda (Category: Breaking News)
China says it is ready ready to continue to work with relevant countries and international financial institutions to support Sri Lanka’s debt sustainability. Speaking to reporters at the weekly media briefing, Foreign Ministry Spokesperson Lin Jian said that China has been providing assistance to Sri Lanka’s socioeconomic development to the best of its capability. “We stand ready […]
- Sri Lanka to continue to stand by ‘one China policy’ (Category: Breaking News)
- France in talks with creditors on Sri Lanka issue (Category: Breaking News)
- China pledges continued support for Sri Lanka’s debt sustainability (Category: Breaking News)
- Sri Lanka decides to continue to actively participate in China’s BRI (Category: Breaking News)
Indian External Affairs Minister Dr. S. Jaishankar arrived in Sri Lanka this morning (June 20), for an official visit.The post Indian Foreign Minister Jaishankar arrives in Sri Lanka appeared first on Sri Lanka News | Breaking News & Top Stories in Sri Lanka | ONLANKA.
- India’s Foreign Minister to visit Sri Lanka this week (Category: Breaking News)
- India’s Foreign Minister to visit Sri Lanka this week (Category: Breaking News)
- Indian Foreign Minister Jaishankar arrives in Sri Lanka (Category: Breaking News)
- INDIAN FOREIGN MINISTER TO VISIT SRI LANKA TOMORROW (Category: Breaking News)
China is ready to continue providing assistance to Sri Lanka’s socio-economic development, supporting the country’s debt sustainability, the Chinese ForeignContinue ReadingThe post China pledges continued support for Sri Lanka’s debt sustainability appeared first on Newswire.
- China already offers Sri Lanka debt extension: Chinese Foreign Ministry (Category: Breaking News)
- Sri Lanka’s debt restructuring: China expected to inform its support to IMF today (Category: Breaking News)
- China leaves crisis-ridden Sri Lanka in the lurch to fend for itself (Category: Breaking News)
- SRI LANKA RECEIVES IMF EXECUTIVE BOARD APPROVAL FOR THE EXTENDED FUND FACILITY (EFF) ARRANGEMENT (Category: Breaking News)
President Ranil Wickremesinghe yesterday (19) announced the establishment of a new development bank to provide financial support to industrialists in Sri Lanka. This initiative will offer industrialists the opportunity to obtain loans at low interest rates, the President declared. The President also revealed plans to set up an Economic Commission to oversee these activities. A […]
- ADB grants Rs. 8 billion for farming families in Sri Lanka (Category: Breaking News)
- Prez proposes establishment of Climate Change Uni in SL (Category: Breaking News)
- Discussion with World Bank representatives on future development plans of Sri Lanka (Category: Breaking News)
- WB approves Sri Lanka s eligibility to access concessional financing from IDA (Category: Breaking News)
The ruling British Conservative party has appealed for the support of the British voters of Sri Lankan origin. On behalf of Rishi Sunak’s government, its Foreign Secretary David Cameron said, in a special video message reiterating his party’s commitment to British Tamils while pledging to “support truth, justice and accountability for all.” Sunak recently announced […]
- Sunak seeks Tamil Conservative support in British PM race (Category: Breaking News)
- Boris tells Ranil: UNHRC sessions “occasion to demonstrate human rights credentials” (Category: Breaking News)
- UK provides over USD 1 Mn to help Lankan fishing community (Category: Breaking News)
- Refugee from Sri Lankan now Labour Party Mayor of UK town (Category: Breaking News)
By Dr Sirimewan Dharmaratne, Former Senior Analyst, HM Revenue and Customs, UK. While one can only imagine the atmosphere at the discussions with the IMF, what transpires from these meetings, one can presume that there was no resistance or contention to whatever the IMF proposes. The IMF appears to be pretty much dictating the fiscal […]
- Govt: Rental income tax will affect only high-wealth individuals (Category: Breaking News)
- Imputed Rent Tax : Harsha raises concerns (Category: Breaking News)
- Sri Lanka’s Finance Ministry clarifies Imputed Rental Income Tax (Category: Breaking News)
- Finance Ministry issues clarification on proposed imputed rental income tax (Category: Breaking News)
An International University is to be established at the Port City of Colombo, to drive regional education demand for undergraduateContinue ReadingThe post Port City International University to offer degrees in several fields appeared first on Newswire.
- Oil Pipeline Places Over 400 Families Under Threat (Category: Breaking News)
- 400 Shops In Colombo To Be Sealed (Category: Breaking News)
- Video: HIRU THANIWELA EP 400 (Category: Video)
- 400 families to be evacuate from Colombo district (Category: Breaking News)
Fulfilling the regional demand for undergraduate and postgraduate degree programmes in Engineering, Information Technology, Business Studies/Management, Finance, Marketing, and Medicine, Port City Colombo aims to contribute positively towards the reversal of ‘brain drain’ and reduction of the current skills gap in the local employment market, a Port City Colombo press release said. The release add...
- PM attends ground breaking ceremony for Port City 120,000sq.ft. Business Centre (Category: Breaking News)
- Cabinet okays special visas for Colombo Port City (Category: Breaking News)
- Technical Certificates of Completion for 64 out of 74 plots of Port City Colombo SEZ (Category: Breaking News)
- ‘Port City’s new commission will have only a few boxes to tick, a lot of hard work already done’ (Category: Breaking News)
…interest payments alone increased by USD 2.8 bn; foreign debt USD 100 bn By Shamindra Ferdinando Declaring that the economy had further deteriorated under President Ranil Wickremesinghe’s watch since July 2022, dissident SLPP parliamentarian Prof. G. L. Peiris said that the government was working overtime to depict a much improved situation. Addressing the media at […]
- IMF not paying sufficient attention to corruption: GL (Category: Breaking News)
- GL: Suspension of IMF bailout highlights failure to meet anticipated revenue targets (Category: Breaking News)
- Domestic debt restructuring could have devastating impact on country, warns GL (Category: Breaking News)
- Prez reiterates need to go ahead with local debt restructuring (Category: Breaking News)
The Planters Association of Ceylon has called for a meeting with all concerned stakeholders to discuss the wage issue. Issuing a statement, the Planters Association of Ceylon said that such a dialogue is crucial for reaching a solution that ensures the prosperity of the tea industry and the well-being of its workers. The association has […]
- No final decision on Rs. 1700 daily wage (Category: Breaking News)
- Planters’ Association boos politico’s abuse, disruption on estates (Category: Business)
- Thondaman alleges PA is in the grip of chartered accountants (Category: Breaking News)
- Planters’ Association strongly opposes arbitrary wage hike (Category: Breaking News)
Secretary to the Ministry of Justice, Prison Affairs and Constitutional Reforms, M. N. Ranasinghe, stated that the period from 2022 to 2024 will be historically significant for the highest number of law reforms in Sri Lanka. He highlighted that since 2022, 59 legal reforms have been passed in Parliament, with an additional 07 drafts and […]
- “2022-2024: Record Number of Legal Reforms in Sri Lanka’s History” (Category: Breaking News)
- 19th Amendment To Limit Term Of CJ (Category: Breaking News)
- Loss of judicial independence can be traced to the 1972 Constitution – Justice Wigneswaran wh (Category: Breaking News)
- The Politicisation Of The Sri Lankan Judiciary (Category: Breaking News)
by Neville ladduwahetty Sri Lanka’s Permanent Representative to the UN in Geneva, Himalee Subhashini Arunatilaka, in her statement to the HR Council stated that Sri Lanka has “consistently rejected Resolutions 46/1 and 51/1”, because Sri Lanka is “in fundamental disagreement with its unacceptable content in particular the so-called evidence gathering mechanism, the establishment ...
- Comment on 51st Session of UNHRC: Time for course correction (Category: Breaking News)
- Post-War Reconciliation Process: Human Rights violation (Category: Breaking News)
- Sri Lanka rejects OHCHR evidence gathering mechanism (Category: Breaking News)
- Lankan envoy frowns at UN one sided resolutions against Sri Lanka (Category: Breaking News)
The Chinese People’s Liberation Army (PLA) Navy hospital ship, “Peace Ark” set sail from a military port in Zhoushan in east China’s Zhejiang Province on Sunday morning for Mission Harmony-2024 to visit three countries, including Sri Lanka. Chinese media reports said that this is the 10th Mission Harmony for “Peace Ark” since its commissioning in 2008. The […]
- Chinese Navy hospital ship to visit Sri Lanka (Category: Breaking News)
- President: No spy ships coming to Sri Lanka (Category: Breaking News)
- Govt. finally allows Chinese ship visit (Category: Breaking News)
- Chinese ship visit: Sabry contradicts Defence Ministry (Category: Breaking News)
[…]The post Road To Bankruptcy: The Role Of Foreign Currency Flows & Economic Vulnerabilities In Sri Lanka appeared first on Colombo Telegraph.
- Unraveling The Root Causes Of Sri Lanka’s Foreign Currency Crisis (Category: Breaking News)
- Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? – Part IV (Category: Breaking News)
- Debt Restructuring, Austerity, & The IMF: A Solution Or A Worsening Of The Problem? (Category: Breaking News)
- Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? (Category: Breaking News)
Former Speaker and the National Movement of Social Justice (NMSJ) Chairperson Karu Jayasuriya, yesterday stressed the critical importance of effectively utilising the third tranche of the International Monetary Fund (IMF) bailout package. Jayasuriya has, in a media statement, said steps must be taken to ensure proper use of the funds. The IMF released the third […]
- We are almost there with IMF bailout – CBSL Governor (Category: Breaking News)
- IMF working with a government without a mandate – Handunnetti (Category: Breaking News)
- USD 2.9bn IMF loan facility: Govt. confident of completing process early next year (Category: Breaking News)
- COPF asks govt. why it shared IMF pact with other committees (Category: Breaking News)
[…]The post AKD’s NPP Must Win, But Where Is His Agenda & Platform? appeared first on Colombo Telegraph.
- A Letter To Anura Kumara Dissanayake – Spell Out Your Agenda (Category: Breaking News)
- The Curse Of JRJ Constitution Continues (Category: Breaking News)
- Lessons From America (Category: Breaking News)
- On Arrival Visa Fiasco – What A Shame On Our Nation (Category: Breaking News)
By N Sathiya Moorthy First, Team Ranil had claimed that the incumbent would be a ‘national candidate’ in the presidential polls due by mid-October. Since then, President Ranil Wickremesinghe himself has declared that the polls will decide the country’s success or failure. According to him, if the people are satisfied with his government’s policies and programmes […]
- Sri Lanka records slight drop in inflation (Category: Breaking News)
- Sri Lanka’s July consumer inflation more than halves to 4.6% (Category: Breaking News)
- WFP says 6.26 million people in Sri Lanka are food insecure (Category: Breaking News)
- Sri Lanka crisis raises alarm about further unrest in APAC region (Category: Breaking News)
[…]The post RW’s Economic Transformation Bill & NPP’s Systemic Transformation appeared first on Colombo Telegraph.
- RW, IMF & The Economy (Category: Breaking News)
- Politics Behind A Politician’s Gold (Category: Breaking News)
- Modi-Wickremesinghe Tamil Drama (Category: Breaking News)
- Aragalaya’s Unfinished Business (Category: Breaking News)
Washington (District of Columbia, United States) The International Monetary Fund released $336 million as part of a bailout loan instalment for Sri Lanka despite delays in the crucial restructuring of its foreign debt, including to China, the Washington-based lender said Wednesday. The South Asian nation was starting to recover, but the economy was “still vulnerable and the path […]
- No final decision on domestic debt restructuring : Bandula debt (Category: Breaking News)
- Debt restructuring strategy out in April (Category: Breaking News)
- Cancel Sri Lanka s debt, global economists tell creditors (Category: Breaking News)
- Sri Lanka s debt repayments to be suspended until 2028 (Category: Breaking News)
A high level delegation headed by the State Minister of Foreign Affairs Tharaka Balasuriya is scheduled to visit Russia to arrange for the repatriation of Sri Lankan ex-military personnel deployed in Russia for military purposes and the related discussions will be held on June 26 and 27, said Minister of Foreign Affairs, President’s Counsel Ali […]
- Government appoints delegation to check on Sri Lankans embroiled in Russia-Ukraine conflict – St... (Category: Breaking News)
- A special discussion will be held in Russia on June 26-27 to facilitate the return of Sri Lankan... (Category: Breaking News)
- Sri Lanka External Affairs Minister to visit Russia and Kazakhstan (Category: Breaking News)
- GL to visit Russia and Kazakhstan (Category: Breaking News)
Chair of the Sectoral Oversight Committee on National Security retired Vice Admiral Sarath Weerasekera has said an external mechanism is in place to prepare the ground for a war crimes probe against the Sri Lankan military and those who provided political leadership for the country’s war on terror. Addressing the last SOC held in the Parliamentary complex, […]
- Govt. urged to seek UK position on Naseby disclosure (Category: Breaking News)
- ‘Genocide’: Dire warning issued over Canadian move, Sabry asked to move resolution in parliament (Category: Breaking News)
- Amnesty International head to join M’vaikkal commemoration (Category: Breaking News)
- Sarath draws RW’s attention to humiliation of military officers (Category: Breaking News)
Arrangements are being made by the Faculty of Social Sciences and Languages of the Sabaragumawa University to hold its second International Conference on Social Sciences and Languages (ICSSL) on the 18th and 19th of December 2024. A press release said that the conference will feature a wide range of presentations on multidisciplinary research activities in the fields of social sciences […]
- Issues and Challenges of Humanities and Social Sciences Education in Sri Lanka (Category: Breaking News)
- Pastoral Literature Translation workshop cum conference in Bangkok (Category: Breaking News)
- Discussion on rethinking civil society’ today (Category: Business)
- Pera PGIA Annual Congress (Category: Breaking News)
Sri Lanka’s HC in the UK Rohitha Bogollagama has sought an opportunity to engage in further discussions on the UK models of devolution with the Ministry of Justice and the Scottish government representatives.The Foreign Ministry revealed this in a press release issued on Wednesday (12) regarding a team led by HC Bogollagama with the UK […]
- Bogollagama assumes duties as new SL High Commissioner-designate to UK (Category: Breaking News)
- Bogollagama meets British MP of Lankan descent (Category: Breaking News)
- Rohitha Bogollagama appointed Sri Lanka s High Commissioner to UK (Category: Breaking News)
- UK, Sri Lanka to review foreign and security policies in ‘strategic’ dialogue tomorrow (Category: Breaking News)
The Colombo Stock Exchange’s (CSE) implementation of the shortened settlement cycle for equity trades has been executed seamlessly with the first settlement under the T+ 2 cycle taking place on 12th June 2024, marking a significant milestone in Sri Lankan Capital Market operations. Investors have experienced swift payment processing, receiving their funds within two days […]
- Unrelenting (Category: Technology)
- SEC chairman calls for positive mindset, better housekeeping and collaborative synergies (Category: Breaking News)
- Cycle, walking lanes for bridge (Category: Australia, Tasmania )
- Linn Duchaill (Category: Technology)
The International Monetary Fund (IMF) announced today (June 14) that Sri Lankan authorities have formulated an initial roadmap to relax restrictions on motor vehicle imports by 2025.The post IMF reports Sri Lanka’s roadmap to relax motor vehicle import restrictions by 2025 appeared first on Sri Lanka News | Breaking News & Top Stories in Sri Lanka | ONLANKA.
- Sri Lanka to lift restrictions on vehicle imports by 2025 (Category: Breaking News)
- Vehicle import ban: traders want to be consulted in decision-making (Category: Breaking News)
- Sri Lanka to relax Import restrictions on 328 more items from tonight (Category: Breaking News)
- Sri Lanka to relax import restrictions imposed on vehicles used for public transport (Category: Breaking News)
The International Monetary Fund (IMF) announced the completion of the second review under the 48-month Extended Fund Facility (EFF) Arrangement, allowing Sri Lanka to draw SDR 254 million (about US$ 336 million).The post IMF approves $336 million for Sri Lanka after second review appeared first on Sri Lanka News | Breaking News & Top Stories in Sri Lanka | ONLANKA.
- IMF Executive Board approves another US$336 million for Sri Lanka (Category: Breaking News)
- IMF and Sri Lankan Authorities Reach Staff-Level Agreement on Economic Policies (Category: Breaking News)
- IMF reaches staff-level agreement on first review of Sri Lanka’s Extended Fund Facility arrangem... (Category: Breaking News)
- Despite signs of stabilization, full economic recovery not yet assured – IMF Mission (Category: Breaking News)
[…]The post Critique On IMF’s Second Review Under Extended Fund Facility appeared first on Colombo Telegraph.
- Road To Bankruptcy: The Role Of Foreign Currency Flows & Economic Vulnerabilities In Sri Lanka (Category: Breaking News)
- Entrepreneurs Argue Against Unpredictable Exchange Rate, Interest Rates & Tax Policy (Category: Breaking News)
- From Socialism To Success: Sweden’s Economic Evolution (Category: Breaking News)
- Only A Unified Approach Can Solve The Economic Crisis (Category: Breaking News)
Friday 14th June, 2024 The US presidential race has taken another dramatic turn with a federal jury finding President Joe Biden’s son, Hunter, guilty of having illegally purchased and possessed a gun while being addicted to crack cocaine. A sentencing date has not yet been set. The offence carries a prison term. Hunter is reportedly […]
- Hunter Biden subpoena seeks info on Burisma, other entities (Category: USA, South Dakota)
- Hunter Biden tax probe examining Chinese business dealings (Category: USA, South Dakota)
- Biden's transition contends with probe into son's finances (Category: USA, South Dakota)
- Aide: Biden won't talk about son Hunter with AG candidates (Category: USA, South Dakota)
[…]The post President RW Emphasizes He Has Not Deviated From The Principles Of The Democratic Socialist System appeared first on Colombo Telegraph.
- Crisis-hit Sri Lanka’s interim budget aims ambitious revenue, debt cut targets (Category: Breaking News)
- Despite signs of stabilization, full economic recovery not yet assured – IMF Mission (Category: Breaking News)
- India ready to restructure its Colombo debt: What about others? (Category: Breaking News)
- IMF says full economic recovery in Sri Lanka is not yet assured (Category: Breaking News)
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