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[…]The post Losing Faith In Sri Lanka: Is Wickremesinghe Corrupt? Are Our Judges Fair? appeared first on Colombo Telegraph.
- Tamils Come Second In IMF Considerations: Navy & Royalist Mafia Party On Tamil Property (Category: Breaking News)
- Minorities Within Minorities Bullied Into Giving-Up Their Right To Convert & Be Converted Religion (Category: Breaking News)
- Ranil Wickremesinghe’s Promises: The Parrot That Waited In Vain For The Fruit To Ripen (Category: Breaking News)
- Suppressing Free Speech & Religious Freedom By Labelling Them Hate Speech (Category: Breaking News)
By Shamindra Ferdinando Justice Minister Dr. Wijeyadasa Rajapakse, PC, declared in Parliament that the winners of LPL (Lanka Premier League) 2023 B-Love Kandy had been sponsored by an enterprise that was banned in the country. The statement was made in Parliament on 24th August. The one-time President of the Bar Association found fault with SLC […]
- In terms of RTI Act House releases names of MPs who voted for new law (Category: Breaking News)
- All praise for Lanka’s saviours! (Category: Breaking News)
- Prez should explain why he scrapped time-tested exchange controls – NFF (Category: Breaking News)
- Impact of foreign-funded projects on Parliament’s standing as sole sovereign and supreme body (Category: Breaking News)
Sri Lanka has finally started paying back the $200 million it took from Bangladesh in a currency swap agreement in August 2021, more than a year and a half later than the original agreed date. On August 17, Sri Lanka sent $50 million to Bangladesh, which is the first instalment of the payment, according to Md Mezbaul […]
- Bangladesh says Sri Lanka paid back another $100m (Category: Breaking News)
- Bangladesh gives Sri Lanka more time to repay $200 million loan (Category: Breaking News)
- Sri Lanka pays off $200m loan from Bangladesh with $4.5m interest (Category: Breaking News)
- Bangladesh gives Sri Lanka 6 more months to repay $200m loan (Category: Breaking News)
Tuesday 15th August, 2023 The Professional Chef’s Association Sri Lanka (PCASL) made a fervent appeal over the weekend on behalf of everyone engaged in tourism. Pointing out that unfortunate instances abounded where foreign tourists faced exploitation at the hands of various persons, it stressed that the foreign guests helped boost the country’s economy and deserved […]
- Country attracts more than 800,000 tourists by 8 August (Category: Breaking News)
- 74,664 tourists arrive in Sri Lanka in first two weeks of Nov. (Category: Breaking News)
- Sri Lanka bans transport of tourists by three wheeler taxis not licensed by Tourism Authority (Category: Breaking News)
- Tourist arrivals top 1.4 mn by third week of December (Category: Breaking News)
[…]The post A French Spring Amid IMF Mission Creep: Ranil Tangoes In Paris As Macron Pivots To BRICS appeared first on Colombo Telegraph.
- Debt Restructuring As Rocket Science: The IMF, Green, Blue & Pink-Washing BlackRock? (Category: Breaking News)
- Beyond The Myth Of TINA To The IMF: The New Development Bank In The Asian 21st Century (Category: Breaking News)
- IMF, Sri Lanka’s Resource Curse & Privatization Of The Central Bank (Category: Breaking News)
- Greenwashing Bond Scams & Financializing Mother Nature: Climate Science Fiction Versus Local Rea... (Category: Breaking News)
Debt-laden Sri Lanka will unveil its domestic debt restructuring strategy this week, central bank chief P Nandalal Weerasinghe said on Sunday (Jun 25), as the island navigates its worst financial crisis in decades. Sri Lanka will also likely obtain Cabinet and parliamentary approval for the debt restructuring strategy this week, Weerasinghe told local TV channels […]
- CB warns of catastrophic consequences if banking sector collapses (Category: Breaking News)
- Sri Lanka’s sovereign lenders yet to outline debt talks plans (Category: Breaking News)
- Sri Lanka to announce debt restructuring strategy in April (Category: Breaking News)
- CBSL Governor refuses to resign over pay hike issue (Category: Breaking News)
Tourism is bouncing back after the Easter attack, Covid-19 pandemic and the aftermath of the economic stake holders are optimistic and working hard towards a better future.The General Manager of Shangri-la Hambantota Refhan Razeen welcomed 2023 with a positive note with much expectations this year. having overcome the challenges of the past years. We Sri […]
- Sri Lanka: Shangri-La to open a hotel in Colombo in 2014 (Category: Breaking News)
- Construction work on the Shangri-La Hotel commence today (Category: Breaking News)
- Seven Stars (Category: Business)
- Second Property (Category: Business)
Thursday 4th May, 2023 Government politicians, save perhaps a few, and their backers are still cock-a-hoop over the IMF bailout which they naively think is a kind of economic panacea. They went so far as to paint the town red when the IMF approved the much-awaited extended fund facility, in March, lighting as they did […]
- Cabinet nod for President’s proposal to make Parliament underwrite foreign investment agreements (Category: Breaking News)
- Hot Hand (Category: Business)
- Sirisena boasts of his successful foreign policy to current rulers (Category: Breaking News)
- Prez: Cumbersome investment laws to be revised to make country attractive to investors (Category: Breaking News)
By Jehan Perera Slowly but surely the ruling party is beginning to reassert itself. An indication is the removal of Prof G L Peiris from the chairmanship of the ruling party. In the aftermath of the economic collapse last year he has been one of the few members from the SLPP to have adopted a […]
- Govt.’s economic narrative gains business support but Little else (Category: Breaking News)
- Elect a Prez capable of restoring constitutionalism, Church of Ceylon tells MPs (Category: Breaking News)
- An opportunity to break with the past (Category: Breaking News)
- Missing factor in roadmap to recovery (Category: Breaking News)
To tackle the enormous economic challenge that Sri Lanka is facing, everyone must come together to support the recovery and promote stable and inclusive growth, says the International Monetary Fund (IMF) Senior Mission Chief for Sri Lanka Peter Breuer.The post Everyone must come together to support Sri Lanka’s recovery and inclusive growth – IMF appeared first on Sri Lanka News - Lates...
- Everyone must come together to support Sri Lanka s recovery and inclusive growth  IMF (Category: Breaking News)
- IMF reaches staff-level agreement with Sri Lanka on second review (Category: Breaking News)
- Despite signs of stabilization, full economic recovery not yet assured – IMF Mission (Category: Breaking News)
- IMF and Sri Lanka reaches Staff-Level Agreement for US$ 2.9 Billion Programme (Category: Breaking News)
By SHIHAR ANEEZ Sri Lanka expects to present an anti-corruption bill to the parliament in coming days, Cabinet Spokesman said, as the island nation has been urged by the International Monetary Fund (IMF) to reduce corruption. The IMF has urged Sri Lanka to reduce corruption vulnerabilities through improving fiscal transparency and public financial management, introducing a […]
- CBK: Proposed anti-corruption bill inadequate to end widespread problem (Category: Breaking News)
- IMF agreement with Sri Lanka must be contingent on critical reforms- US senate committee (Category: Breaking News)
- Govt gazettes new anti-corruption bill after IMF deal (Category: Breaking News)
- CSI calls for inclusion of IMF identified actions in programme (Category: Breaking News)
Wednesday 1st March, 2023 Sri Lanka finds itself in the same predicament as a gang rape victim being forcibly kept in the custody of her rapists. Those who are responsible for stealing public funds, mismanaging the economy and bankrupting it continue to be in power. Worse, while living high on the hog at the expense […]
- Vroom mania – II (Category: Breaking News)
- Neutralise this threat to democracy (Category: Breaking News)
- Parliament tells SLC bigwigs to go home (Category: Breaking News)
- When will they ever learn? (Category: Breaking News)
[…]The post Alternatives To The IMF & The Future Of The Welfare State: Beyond The Blame Game Between Superpowers appeared first on Colombo Telegraph.
- Greenwashing Bond Scams & Financializing Mother Nature: Climate Science Fiction Versus Local Rea... (Category: Breaking News)
- Debt Restructuring As Rocket Science: The IMF, Green, Blue & Pink-Washing BlackRock? (Category: Breaking News)
- Of Elections, Bond Scams & Money Politics: The Anatomy Of Default @75 (Category: Breaking News)
- Beyond The Myth Of TINA To The IMF: The New Development Bank In The Asian 21st Century (Category: Breaking News)
[…]The post Warning Signal To RW’s Transformation Agenda appeared first on Colombo Telegraph.
- IMF’s Prescription: Panacea Or Palliative? (Category: Breaking News)
- A führer In The Making (Category: Breaking News)
- RW’s Rocky Road To Export Driven Valhalla (Category: Breaking News)
- RW, IMF & The Economy (Category: Breaking News)
Reforms to be introduced to end ‘media abuses’ President Ranil Wickremesinghe yesterday said that the government was not in a position to lower the taxes. Delivering his second government policy statement to inaugurate the Fourth session of the Ninth Parliament, the President said: “Some people say that the primary taxable income should be raised from […]
- Ranil tells Parliament he will continue with unpopular decisions (Category: Breaking News)
- Sri Lanka President delivers Government’s policy statement in Parliament (Category: Breaking News)
- President Ranil Wickremesinghe’s Policy Statement – Full Text (Category: Breaking News)
- Prez insists on IMF approved new tax regime, warns of dire consequences unless fully implemented (Category: Breaking News)
Sri Lanka President Ranil Wickremesinghe ceremonially declared open the fourth session of the ninth Parliament and delivered the Government Policy Statement today (February 08).The post Sri Lanka President delivers Government’s policy statement in Parliament appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- Prez vows to reform loss-making state enterprises, implement new tax regime (Category: Breaking News)
- Ranil tells Parliament he will continue with unpopular decisions (Category: Breaking News)
- President Ranil Wickremesinghe’s Policy Statement – Full Text (Category: Breaking News)
- An Exit Strategy From The Crisis: Agenda For Shared Revival Of Sri Lanka (Category: Breaking News)
[…]The post President Ranil Wickremesinghe’s Policy Statement – Full Text appeared first on Colombo Telegraph.
- Prez vows to reform loss-making state enterprises, implement new tax regime (Category: Breaking News)
- Sri Lanka President delivers Government’s policy statement in Parliament (Category: Breaking News)
- Ranil tells Parliament he will continue with unpopular decisions (Category: Breaking News)
- Sri Lanka President says Let 2048 be the year of development for Sri Lanka (Category: Breaking News)
President Ranil Wickremesinghe told Parliament today that he will continue with his unpopular decisions. Making his throne speech, Wickremesinghe said that he is not here to be popular. He said that the unpopular decisions he takes will have positive results in the years to come. The President said that Sri Lanka expects to recover from […]
- Sri Lanka President delivers Government’s policy statement in Parliament (Category: Breaking News)
- President Ranil Wickremesinghe’s Policy Statement – Full Text (Category: Breaking News)
- Prez vows to reform loss-making state enterprises, implement new tax regime (Category: Breaking News)
- President seeks opposition support to implement IMF deal (Category: Breaking News)
[…]The post Political Solution Before Next Independence Day appeared first on Colombo Telegraph.
- Enlightened Leadership To Overcome Challenges (Category: Breaking News)
- A Coalition Of Power To Stay In Power Is Not What Country Needs (Category: Breaking News)
- Reconciliation Also Needs Accountability To Be Viable (Category: Breaking News)
- What The President Can Do Before He Goes (Category: Breaking News)
By Jehan Perera The passage of the budget by a comfortable majority confirms that the government’s parliamentary majority is holding in the face of adverse circumstances. The ruling party has lost over twenty of its members who no longer follow the party line. But the rest of them appear to be staying together despite the […]
- Missing factor in roadmap to recovery (Category: Breaking News)
- 13 A: Political parties miss Ranil’s Feb. 04 deadline for submitting their proposals (Category: Breaking News)
- Never-ending APCs (Category: Breaking News)
- President Ranil and SLPP hold talks on presidential candidacy in upcoming polls (Category: Breaking News)
[…]The post Food Security Challenges Aligning With The Current Economic Crisis In Sri Lanka appeared first on Colombo Telegraph.
- The Destiny Of China’s Colony Of Sri Lanka (Category: Breaking News)
- Machiavellians Tend To Be Demonic: Stuck Between A Rock & A Hard Place (Category: Breaking News)
- The Current System & Unlawful Actions (Category: Breaking News)
- Lack Of Accountability, Ability & Credibility (Category: Breaking News)
By Shamindra Ferdinando Narendra Fernando, Sergeant-at-Arms of the crisis-ridden Parliament, has declared that the largest number of students, in the post-independence era, visited the House on Thursday (Dec. 01). Director, Legislative Services, Janakantha Silva, who is also the Acting Director of Communication, quoted Fernando as having said that approximately 5,000 students, from 32 schools, rec...
- MPs demand stern legal action against ex-Chairman, DG on compulsory leave (Category: Breaking News)
- DG Archaeology resigns over discord with govt. (Category: Breaking News)
- Wildlife DG Advocates Bio-Piracy (Category: Breaking News)
- Sri Lanka appoints new DG to head the country’s Petroleum Exploration Secretariat (Category: Breaking News)
[…]The post Who Has Printed The Biggest Quantity Of Money? Lakshman, Cabraal Or Nandalal? appeared first on Colombo Telegraph.
- A Child’s Guide To Currency Board Systems: The Performance Of Ceylon’s Currency Board (Category: Breaking News)
- A Child’s Guide To Currency Board Systems: Has The Monetary Board Failed The Nation? (Category: Breaking News)
- Four Popular Fallacies Relating To Central Banking (Category: Breaking News)
- Central Bank Independence: Issue To The Fore Again, But Will The Government Have Foresight To Do... (Category: Breaking News)
In a bid to create even more value for its customers, Amana Takaful Insurance has joined hands with Sri Lanka’s No.1 Lifestyle Savings App, SLASH, to provide an exclusive 20% discount on yearly and monthly SLASH plans for its customers. SLASH is Sri Lanka’s first and leading lifestyle savings app that allows customers to access […]
- Amana Takaful strengthens presence in Negombo (Category: Business)
- Amana Takaful opens relocated branch in Mawanella (Category: Business)
- Amana Takaful expands to Trinco (Category: Business)
- Amana Takaful hosts Global Takaful leaders meet in Colombo (Category: Business)
Senior lawyer S. A. Cader sayas that it was the responsibility of Parliament to enact legislation to enable the country to seek UN support for the recovery of stolen public assets.Cader, senior partner at Julius & Creasy emphasised the urgent need to address the issue at hand as part of the overall efforts meant to […]
- ‘Revenue raised from new taxes, too, will be robbed, wasted’ (Category: Breaking News)
- Govt. eyes criminal asset recovery law by April under IMF program (Category: Breaking News)
- Laws made to be broken (Category: Breaking News)
- Parliament rejected two anti-corruption propoals (Category: Breaking News)
GL asks govt. to secure int’l assistance to recover stolen money By Shamindra Ferdinando Former Foreign Minister Prof. G.L. Peiris yesterday (07) suggested that the government seriously consider securing UN support for the recovery of stolen public assets. Addressing the media at the Nawala Office of ‘Nidahasa Jathika Sabhawa’ consisting of 13 rebel SLPP MPs, Prof. Peiris said […]
- GL flays govt. for bringing in laws to consolidate power, protect crooks (Category: Breaking News)
- GL: Cost of living intolerable, street protests inevitable (Category: Breaking News)
- Opp. seeks IMF intervention to rein in corruption (Category: Breaking News)
- Gov Defeated Powers Against SL at the UN (Category: Breaking News)
[…]The post ‘Make The Economy Scream’: Whither The Asian 21st Century? appeared first on Colombo Telegraph.
- Beyond The Myth Of TINA To The IMF: The New Development Bank In The Asian 21st Century (Category: Breaking News)
- The Paris Club, Dollar Debt Colonialism & Asia’s New “Donors”: Reforming The International Aid A... (Category: Breaking News)
- IMF, Sri Lanka’s Resource Curse & Privatization Of The Central Bank (Category: Breaking News)
- Channel 4’s Easter Sunday: The IMF Descends Amid An Over The Horizon Operation Staring ‘Sonic-So... (Category: Breaking News)
India is considered one of the potential superpowers of the world. This possibility has been attributed to many indicators, mainly demographic trends and a rapidly growing economy and military. India became the fastest-growing economy in the world in 2015, with estimated GDP growth of approximately 5%. There is no stopping India which is celebrating eight […]
- India’s commitment to climate change an example to the world! (Category: Breaking News)
- India makes it happen, enters the multi-billion dollar defence market (Category: Breaking News)
- India will be a developed nation by 2047, its economic growth ‘natural by-product’ of 9 years of... (Category: Breaking News)
- Myanmar Ports key to China’s Strategy of Controlling Indian Ocean (Category: Breaking News)
[…]The post Will Subramanian Swami‘s Visit Revive Racist Politics? appeared first on Colombo Telegraph.
- Indian-Israeli Involvement In Sri Lanka Is A Disaster (Category: Breaking News)
- Cremating Muslim Covid Dead Bodies; Sri Lanka Is Right – Whole World Is Wrong? (Category: Breaking News)
- Cremating Muslim Covid Dead Bodies; Sri Lanka Is Right – Whole World Is Wrong? (Category: Breaking News)
- Cremating Muslim Covid Dead Bodies; Sri Lanka Is Right – Whole World Is Wrong? (Category: Breaking News)
By Krishantha Prasad Cooray In many ways, the economic collapse of Sri Lanka became a near certainty in the weeks after Gotabaya Rajapaksa was elected President. In hindsight, it is clear to all that his government’s number one priority was consolidating their power and punishing those it saw as its enemies. Their next priority was […]
- CBK points finger at her successors as SLFP leader (Category: Breaking News)
- Of that crab dance (Category: Breaking News)
- Aragalaya: People’s Response To Rajapaksa-Made Crisis (Category: Breaking News)
- From Crisis Prime Minister To Put Down President (Category: Breaking News)
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