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Sri Lanka has seen a notable increase in remittances from expatriate workers in recent months, with May 2024 bringing in USD 544.4 million.The post Expatriate remittances to Sri Lanka surge by 11.8% in first five months of 2024 appeared first on Sri Lanka News | Breaking News & Top Stories in Sri Lanka | ONLANKA.
- Expat SL workers send more money (Category: Breaking News)
- Remittances from expat workers increase (Category: Breaking News)
- Expatriate Workers’ remittances in January stood at USD 437 Million – Manusha (Category: Breaking News)
- Sri Lanka considers incentives for expatriate workers not using undiyal or hawala (Category: Breaking News)
The International Monetary Fund (IMF) on Thursday (06) asserted that Sri Lanka could soon reach agreements with external commercial creditors consistent with programme parameters. “So overall we assess that there has been sufficiently strong progress on the debt restructuring front,” Julie Kozack, Director of the IMF Communications Department, told the media. On March 21st, the […...
- Swift completion of final agreements with official creditors critical for Sri Lanka  IMF (Category: Breaking News)
- Sri Lanka to brief creditors on IMF deal for economic recovery (Category: Breaking News)
- Strong expectation that Sri Lanka will reach agreements with external creditors soon - IMF (Category: Breaking News)
- Govt. ponders domestic debt optimisation operation (Category: Breaking News)
The International Monetary Fund (IMF) says macroeconomic policy reforms are starting to bear fruit in Sri Lanka. Julie Kozack, Director of the IMF Communications Department said that commendable outcomes include rapid disinflation, robust reserve accumulation, and initial signs of economic growth, while preserving stability of the financial system. “Program performance is strong with most qu...
- IMF says Sri Lanka yet to finalize deal with bondholders and creditors (Category: Breaking News)
- IMF wants Sri Lanka to implement deals with official creditors (Category: Breaking News)
- IMF hopeful of deal between Sri Lanka and commercial creditors (Category: Breaking News)
- IMF praises Sri Lanka’s economic progress amid challenges (Category: Breaking News)
Sri Lanka s official reserve assets has recorded a marginal drop by 0.9% to USD 5.42 billion in May 2024 compared to USD 5.47 billion in April 2024, according to the Central Bank of Sri Lanka (CBSL).
The International Monetary Fund (IMF) believes Sri Lanka will soon finalize agreements with external commercial creditors that align with program goals.The post IMF expects Sri Lanka to finalize deals with creditors soon appeared first on Sri Lanka News | Breaking News & Top Stories in Sri Lanka | ONLANKA.
- Strong expectation that Sri Lanka will reach agreements with external creditors soon - IMF (Category: Breaking News)
- IMF staff concludes visit to Sri Lanka saying debt agreements with creditors critical (Category: Breaking News)
- Swift completion of final agreements with official creditors critical for Sri Lanka  IMF (Category: Breaking News)
- IMF praises Sri Lanka’s economic progress amid challenges (Category: Breaking News)
[…]The post Should The Economic Transformation Bill Proceed? – Part II appeared first on Colombo Telegraph.
- Should The Economic Transformation Bill Proceed? (Category: Breaking News)
- President Ranil Wickremesinghe Rescued & Stable Economy In Sri Lanka – An Inquiry (Category: Breaking News)
- Plan For Transforming The Economy: Lacking Democratic Policy Governance, Will It Be Another Fail... (Category: Breaking News)
- Sri Lanka’s Two Challenges: Economic Recovery & Political Devolution (Category: Breaking News)
[…]The post Can Sajith Foul Up Ranil’s Well-Laid Plans? appeared first on Colombo Telegraph.
- Quo Vadis? – Feeding The 225; Don’t Wait For The State; Let’s Act On Our Own (Category: Breaking News)
- NM’s Heritage: Upsurge Of Religious Despotism In Sri Lanka: Can The JVP Withstand Sinhala-Buddhi... (Category: Breaking News)
- Ranil’s Prospects At The Next Election (Category: Breaking News)
- Triangular Contest: To Be Realistic, There Are 3 Options: Response To Prof Kumar David (Category: Breaking News)
[…]The post Should The Economic Transformation Bill Proceed? appeared first on Colombo Telegraph.
- Should The Economic Transformation Bill Proceed? – Part II (Category: Breaking News)
- Sri Lanka’s Two Challenges: Economic Recovery & Political Devolution (Category: Breaking News)
- Budget 2023: A Depth Or Dearth (Category: Breaking News)
- President Ranil Wickremesinghe Rescued & Stable Economy In Sri Lanka – An Inquiry (Category: Breaking News)
Sri Lanka’s leading e-commerce platform Daraz announced the launch of the Daraz Mid-Year Sale, running from June 6 to 12, 2024 featuring a wide array of fashion, lifestyle, beauty, mother & baby and electronics products, with unbeatable deals and Free Delivery vouchers. This mega sale event will offer shoppers over Rs. 10 million worth of […]
- Airtel Lanka official telecommunications partner for Daraz 11.11 (Category: Breaking News)
- Sri Lankan investors invited to invest in Bangladesh (Category: Breaking News)
- Two killed as train crashes into car in Enderamulla (Category: Breaking News)
- Turkmenistan and Sri Lanka look at cooperation in oil and gas (Category: Breaking News)
Poverty is one of the most pressing and pervasive issues facing the world today. It affects billions of people globally, diminishing their quality of life, limiting their opportunities, and perpetuating a cycle of deprivation that can span generations. Understanding poverty requires a multidimensional approach that goes beyond mere economic measures. It encompasses social, cultural, political, [...
- Pro-poor growth and Economic growth in Sri Lanka - A critical analysis (Category: Breaking News)
- The Fight For Women’s Empowerment In An Era Of Conflict & Multifaceted Crises (Category: Breaking News)
- Springboarding From The Aragalaya To A New Nation We All Deserve (Category: Breaking News)
- “Connecting People to Prosperity” in Sri Lanka. A reality check with “Mahinda Chinthanaya” (Category: Breaking News)
‘Far-reaching laws are being enacted without sufficient debate, consultations’ By Shamindra Ferdinando Two dissident SLPP MPs, Prof. G. L. Peiris and Gevindu Cumaratunga at separate media briefings on Monday (03) urged the SLPP parliamentary group not to throw its weight behind President Ranil Wickremesinghe efforts to enact laws inimical to the country in the run-up […]
- Prof. Peiris complains of continuing shenanigans by President in the run-up to presidential poll (Category: Breaking News)
- Opposition: Parliament prorogued to derail finance committee probes (Category: Breaking News)
- Prez draws fire over Archaeology Chief’s shock resignation (Category: Breaking News)
- Prez, SLPP urged not to use ex-CJ’s committee to put off next presidential election (Category: Breaking News)
Taking in to account the recommendations of the Committee chaired by the Secretary to the President and comprised of members including Governor of the Central Bank of Sri Lanka, Secretary to the Treasury, and Senior Economic Adviser to the President of Sri Lanka, the Cabinet of Ministers approved the proposal presented by the President in […]
- Army camps to stay (Category: Breaking News)
- Medicine import tax removed (Category: Breaking News)
- President ordered to stop rice export (Category: Breaking News)
- Import tax on 500MT of dates removed (Category: Breaking News)
[…]The post Proposed Enactment Of The Economic Transformation Bill appeared first on Colombo Telegraph.
- Plan For Transforming The Economy: Lacking Democratic Policy Governance, Will It Be Another Fail... (Category: Breaking News)
- A Postscript To Political Crisis: A Way Out (Category: Breaking News)
- Why Step Motherly Treatment Of The Oppressed Segments Of Society Via Micro Finance Bill? (Category: Breaking News)
- Citizens Need A Snow White To Prod The Dwarfs In Governance & Society! (Category: Breaking News)
[…]The post Plan For Transforming The Economy: Lacking Democratic Policy Governance, Will It Be Another Failure? appeared first on Colombo Telegraph.
- Colombo University Business Economic Summit 2024: Keynote Address (Category: Breaking News)
- Economy 2024: More Challenging Than The Two Previous Years (Category: Breaking News)
- Navigating The Economic Reawakening & Sustainable Growth (Category: Breaking News)
- IMF Bailout: Will Enforced Austerity Lead To A Fascist Government? (Category: Breaking News)
A seven-member delegation from Sri Lanka, focusing on public procurement, commenced a three-day experience-sharing visit to Bangladesh Public Procurement Authority (BPPA). The visit aims to understand the electronic Government Procurement (e-GP) system, introduced by BPPA. The delegation was welcomed today at BPPA by the Chief Executive Officer (CEO) of BPPA, Mohammed Shoheler Rahman Chowdhury. E....
- Australian GP hails more competitive season (Category: Business)
- Dialog roaming customers win F1 bonanza to watch British GP (Category: Business)
- Organisers predict Indian GP sellout (Category: Business)
- Chinese GP cancelled because of country’s ‘ongoing difficulties’ with Covid (Category: Breaking News)
[…]The post A Global Tropical Coral Bank: Responding To The Increasing Frequencies Of Coral Bleaching & Loss appeared first on Colombo Telegraph.
- A Colossal Fall Of A Colossus (Category: Breaking News)
- Lasantha Wickrematunge’s Assassination: Empty Promises Of Accountability (Category: Breaking News)
- Madame Ambassador Chung, Your Message Will Live On Forever! (Category: Breaking News)
- Exploring The Silent Wilderness Of Self-Discovery (Category: Breaking News)
In an inspired strategic move to rejuvenate foreign investment in the real estate sector, the Sri Lankan Department of Immigration and Emigration has reintroduced the “Investor Visa” program. This revamped initiative, aimed specifically at non-Sri Lankans interested in purchasing condominium units, is set to go live online on June 1st, 2024. The announcement followed a […]
- Cabinet approves draft FTA between Sri Lanka and Thailand (Category: Breaking News)
- Sri Lanka raises deep concerns with Canada over statements on genocide (Category: Breaking News)
- Sri Lanka seeks technical assistance from U.S to fight corruption (Category: Breaking News)
- Thailand approves visa-free entry for visitors from Sri Lanka (Category: Breaking News)
[…]The post Politics Of Paranoia appeared first on Colombo Telegraph.
- RW, IMF & The Economy (Category: Breaking News)
- Homework For NPP (Category: Breaking News)
- Politics Behind Economic Recovery (Category: Breaking News)
- Economics Of Recovery & Politics Of Reconciliation (Category: Breaking News)
The Colombo High Court yesterday (31) ordered the release of former Central Bank Governor Ajith Nivard Cabraal and three other defendants in a case filed against them alleging financial losses caused to the government as a result of investments in Greek Treasury bonds in 2012. The counsel for the former CBSL Chief told court that […]
Group D preview: South Africa and Sri Lanka are the two highest ranked teams in the group, but there is not much between all five sides.Former ICC Men’s T20 World Cup champions Sri Lanka find themselves in Group D alongside South Africa, Bangladesh, Netherlands and Nepal for the upcoming tournament. This group promises thrilling matches […]
- Netherlands vs Nepal – the one match neither team can afford to lose (Category: Breaking News)
- Bangladesh vs India (Category: Sports)
- World Cup head to head: India vs Australia (Category: Breaking News)
- Bangladesh vs Pakistan (Category: Sports)
Former Governor of the Central Bank of Sri Lanka (CBSL) Ajith Nivard Cabraal has been released from the 2012 Greek treasury bond case. The Colombo High Court ordered the release of the former Governor and three others. Legal action had been filed against Cabraal and the three others, by the Commission to Investigate Allegations of […]
- Overseas travel ban on Cabraal further extended (Category: Breaking News)
- Overseas travel ban on Cabraal extended (Category: Breaking News)
- Overseas travel ban on Cabraal extended (Category: Breaking News)
- Overseas travel ban on Cabraal extended (Category: Breaking News)
Group B preview: Australia and England will be favourites to progress out of Group B at the T20 World Cup, but Namibia, Oman and Scotland have shown previously they are more than capable of causing an upset or two. The two most recent champions along with three spirited associates make up Group B of the […]
- Do What You Like Vs Like What You (Have To) Do! (Category: Breaking News)
- World Cup head to head: India vs Australia (Category: Breaking News)
- USA vs Canada: oldest rivalry renewed at cricket’s biggest T20 World Cup (Category: Breaking News)
- India Vs England (Category: Breaking News)
The Colombo High Court today (May 31), has ordered the release of former Governor of the Central Bank of Sri Lanka (CBSL), Ajith Nivard Cabraal, and four other defendants in a case filed against them.The post Ajith Nivard Cabraal and 4 others released from 2012 Greek Bonds case appeared first on Sri Lanka News | Breaking News & Top Stories in Sri Lanka | ONLANKA.
- Ex-CBSL chief Cabraal and 3 others released from 2012 Greek bonds case (Category: Breaking News)
- Travel ban imposed on Ajith Nivard Cabraal extended (Category: Breaking News)
- Sri Lanka will not default debt repayments : Cabraal (Category: Breaking News)
- Sri Lanka will not default debt repayments : Cabraal (Category: Breaking News)
The Colombo High Court today (31) ordered the release of former Governor of the Central Bank of Sri Lanka (CBSL) Ajith Nivard Cabraal and three other defendants in a case filed against them alleging financial losses caused to the government of Sri Lanka through investments in Greek treasury bonds in 2012.
[…]The post “VFS” The Whole Lot! appeared first on Colombo Telegraph.
- Teflon Tiran & Visa Outsourcing (Category: Breaking News)
- Let Dudley Speak! (Category: Breaking News)
- Taxes, Swiss Bank Accounts & The Chinese Cafe (Category: Breaking News)
- With A View To A Kill (Master Spy-James Bond)! (Category: Breaking News)
Sri Lanka has again requested Canada not to repeat baseless allegations of genocide here. Foreign Secretary Aruni Wijewardane took up the issue when she met Canadian Deputy Minister for International Development Christopher MacLennan at the Ministry of Foreign Affairs on Wednesday (28) Recently, Foreign Ministry accused Canadian Prime Minister Justin Trudeau of repeatedly propagating lies […...
- Japanese FM Kamikawa due here (Category: Breaking News)
- Maldivian FM due here next week (Category: Breaking News)
- Genocide Day’ controversy : SL registers protest with Canadian HC (Category: Breaking News)
- Sabry hits out at Trudeau over India-Canada diplomatic row (Category: Breaking News)
During the “Advancing Energy Transition” round table discussion at the Hilton Colombo on Wednesday (29) morning, President Ranil Wickremesinghe emphasized the need for a comprehensive plan to exploit renewable energy and explore future trends in green hydrogen in Sri Lanka. The event, held in collaboration with the World Bank, the Ministry of Power and Energy, […]
- Cleaner Fuel (Category: Business)
- Portugal's green energy dilemma (Category: Technology)
- Can human power replace batteries? (Category: Technology)
- Former football coach Lou Holtz tests positive for COVID-19 (Category: USA, Mississippi)
Sri Lanka is studying South Australia’s energy transition policy, which looks at net-zero emissions by 2050. President Ranil Wickremesinghe said that Sri Lanka needs to decide if it requires energy transition legislation. “Some countries have energy transition legislation. We have also looked at that. We have looked at some areas such as South Australia. It […]
- Solutions sought to tackle marine litter near Sri Lanka (Category: Breaking News)
- Shaping Sri Lanka’s industrial recovery: Industry and government leaders convene (Category: Breaking News)
- Preliminary work to bring Starlink to Sri Lanka completed (Category: Breaking News)
- Hemas Consumer Brands Spearheads Environmental Stewardship Across the Island (Category: Breaking News)
[…]The post Quo Vadis? – Feeding The 225; Don’t Wait For The State; Let’s Act On Our Own appeared first on Colombo Telegraph.
- The Partnership Between NPP & JVP Must Be Emboldened (Category: Breaking News)
- Ranil’s Prospects At The Next Election (Category: Breaking News)
- NM’s Heritage: Upsurge Of Religious Despotism In Sri Lanka: Can The JVP Withstand Sinhala-Buddhi... (Category: Breaking News)
- Waging Peace! (Category: Breaking News)
by Rex Clementine You’ve got to appreciate the frankness with which Upul Tharanga has gone about his business as Chairman of Selectors. The clarity the former captain has shown had it been followed by his predecessors, Sri Lanka wouldn’t have got knocked out of next year’s Champions Trophy. One question that everyone seemed to be […]
- Strong solar storm hits Earth, could disrupt communications (Category: Breaking News)
- BOI grants approval to Adani Group for installation of two wind power plants in Mannar and Poone... (Category: Breaking News)
- No more power cuts, says Minister (Category: Breaking News)
- Sri Lanka Rupee hits record high against USD (Category: Breaking News)
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