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[…]The post Amnesty, Purpose, Effect & Fairness appeared first on Colombo Telegraph.
[…]The post Gota Back In The USA & A Chilling Killing: Welcome To 2023 A (Virtual) Realty In A Post-Truth World appeared first on Colombo Telegraph.
Kanrich Finance today shot down concerns over the stability of the company which arose after the Central Bank of Sri Lanka said it had directed the company to settle its public liabilities in full. Issuing a clarification, Kanrich Finance said that as part of the Consolidation Master Plan of the Central Bank of Sri Lanka, […]
The United Nations (UN) has secured USD 101.5 million for Sri Lanka through a humanitarian appeal. The UN said the funds will be provided to 3.4 million of the most vulnerable people in Sri Lanka. “Delighted to announce that today, a milestone has been achieved. UN HNP appeal reached $101.5 m thanks to the generous […]
The Central Bank of Sri Lanka has directed Kanrich Finance Limited (KFL) to settle its public liabilities in full within the period from 26.12.2022 to 28.02.2023 due to continuous capital deficiencies faced by KFL. The Monetary Board of the Central Bank of Sri Lanka, as a measure to strengthen the Non-Bank Financial Institutions Sector under […]
Jagoda stands by accusations By Shamindra Ferdinando Health Minister Keheliya Rambukwella has revealed that in respect of funds that had been made available by the Asian Development Bank (ADB) to procure urgently needed medicine, the entire procurement process was handled by that organisation. The disclosure was made at a hastily arranged media briefing on Wednesday […]
An estimated 5.7 million people (26 per cent of the population) or more are now in need of humanitarian assistance, with at least 4.9 million (22 per cent) being food insecure, a situation report by International Federation of Red Cross And Red Crescent Societies (IFRC) said. The report issued on December 28 said the current […]
[…]The post Can Sri Lanka Drive Itself From Bankruptcy To Prosperity In 2023? appeared first on Colombo Telegraph.
[…]The post Kayleigh Fraser Versus Justice Priyantha Jayawardena, Controller Of Immigration & Attorney General appeared first on Colombo Telegraph.
The Monetary Board of the Central Bank of Sri Lanka decided to cancel the Finance Business Licence issued to Swarnamahal Financial Services PLC (SFSP), in terms of Section 37(3) of the Finance Business Act, No. 42 of 2011 (FBA) with effect from 28th December 2022.
The Monetary Board of the Central Bank of Sri Lanka has decided to cancel the Finance Business Licence issued to Swarnamahal Financial Services PLC (SFSP), in terms of Section 37(3) of the Finance Business Act, No. 42 of 2011 (FBA) with effect from 28th December 2022. Accordingly, SFSP is not permitted to engage in Finance […]
The Monetary Board of the Central Bank of Sri Lanka (CBSL) has decided to cancel the Finance Business Licence issued to Swarnamahal Financial Services PLC (SFSP), effective from today (28 Dec.)
Only those who could survive this crisis are the ones who could make earnings in foreign currency, Sri Lanka’s Central Bank Governor Dr. Nandalal Weerasinghe recently said.The post Businesses with dollar income sources will only survive this crisis – Central Bank Governor appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
When Sri Lanka slid into its worst economic crisis in seven decades leading to deadly riots and alarming shortages of fuel, food and medicines earlier this year, its giant northern neighbour stepped into the breach.The post India makes inroads into Sri Lanka under China’s long shadow appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
By Meera Sirinivasan Sri Lanka is waiting for financing assurances from its bilateral creditors, including India and China, to tap support from the International Monetary Fund (IMF), according to Central Bank Governor P. Nandalal Weerasinghe. In September, the IMF reached a staff level agreement with Sri Lanka for a $2.9 billion package to help the island nation […]
by Nihal Jayawickrama From the best possible vantage point, Bernard Percival Peiris was a witness to the unfolding of history. In 1947, with the entering into force of the new Constitution under which Ceylon achieved self-government, he was instructed by Prime Minister D.S. Senanayake to take charge of the Cabinet Office as its Assistant Secretary. […]
[…]The post The Dog’s Case of Professor Ashu & Hirunika’s Indiscretion appeared first on Colombo Telegraph.
[…]The post Who Are Primarily Responsible For The Economic Disaster, The Politicians Or The People? appeared first on Colombo Telegraph.
In an interview with The Hindu, Governor of the Central Bank of Sri Lanka (CBSL) Dr. Nandalal Weerasinghe stated that Sri Lanka is waiting for financing assurances from its bilateral creditors, including India and China, to tap support from the International Monetary Fund (IMF).
Sri Lanka's National Consumer Price Index (NCPI) (LKNCPI=ECI) eased year-on-year to 65% in November after a 70.6% jump in October, the statistics department said on Wednesday.The post Sri Lanka’s national consumer price inflation eases to 65% in November appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
A Sri Lankan bank has opened a VOSTRO account in India with the State Bank of India, confirmed the Indian High Commission in Colombo.The post Sri Lankan bank opens VOSTRO account in India appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
By Shamindra Ferdinando The European Union will not continue with the Generalised Scheme of Preferences (GSP-plus) facility unless the Wickremesinghe-Rajapaksa government holds the Local Government elections soon, Prof G. L. Peiris, MP, has warned. The Local Government bodies have to be constituted on or before March 20, 2023. The former Foreign Minister has said that […]
[…]The post Human Rights Protection Requires More Inclusive Approach appeared first on Colombo Telegraph.
by Jehan Perera The past week was devoted to the hosting of human rights events by a number of organisations with interest in that particular subject. Human rights have become a matter of controversy, especially after the suppression of the protest movement. There was and is tension between the interests of those who prioritise the […]
[…]The post Government Is A ‘Blackhole’: IMF Should Be Worried About The (225+1) appeared first on Colombo Telegraph.
[…]The post Can The Commercial Banks Lapses Be Absolved With Fines Imposed? appeared first on Colombo Telegraph.
[…]The post The Retold South Korea Success Story: How Should Sri Lanka Emulate It? appeared first on Colombo Telegraph.
I had met, listened to, read, and spoken to Elmo Jayawardena. Admired him very much too. He invariably brought his wife into any public address he made or personal conversation. Hence my emails conveyed my regards to Dil though I had not met her. Then I did. I invited the two of them to visit […]
Chinese officials have agreed to participate in a global sovereign debt "roundtable" that would include a wide variety of stakeholders, including private sector creditors, International Monetary Fund chief Kristalina Georgieva said on Thursday.The post China agrees to formation of global sovereign debt ’roundtable’ – IMF chief appeared first on Sri Lanka News - Latest Breaking Ne...