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Attorney-at-Law Rajeev Amarasuriya has been appointed to the Governing Board of the Central Bank of Sri Lanka (CBSL).
The Bill and Melinda Gates Foundation is to support the Sri Lankan President’s Office and will also act as partners providing active contributions to the Government of Sri Lanka. The Office of the President plays an important role in the ongoing reform programs by providing guidance on policy issues and monitoring government programs, the Government […]
- Hatch and Sarvodaya launch “GoviLab” AgriTech Accelerator as part of National Agriculture Transf... (Category: Breaking News)
- Bill Melinda Gates Foundation to provide policy support to President s Office (Category: Breaking News)
- Bill and Melinda Gates Foundation’s assistance sought for upcountry (Category: Breaking News)
- Bill Gates to deepen engagement with Sri Lanka through BMGF (Category: Breaking News)
Annually Jaffna district receives around 1.36 billion cubic meters of water through rainfall (Land area 1,025 square km and average annual rainfall of 1326 mm (average 2006-2020)). If at least 30% of this rainfall is collected, retained and recharged the amount of water would be 407 million cubic meters per year. This amount will provide […]
- When solutions go abegging (Category: Breaking News)
- How rainwater harvesting is helping Nicaraguan farmers (Category: Technology)
- SLT-MOBITEL debuts its technologically advanced Operational Headquarters in Welikada (Category: Breaking News)
- Drought and lessons learned (Category: Business)
[…]The post Flight Of Human Capital – A Catastrophic Fait Accompli appeared first on Colombo Telegraph.
- Indian HC explains how Covid-19, Russia-Ukraine conflict expanded India’s role in SL (Category: Breaking News)
- Genocide Day’ controversy : SL registers protest with Canadian HC (Category: Breaking News)
- SL economy, IMF claims, and reality (Category: Breaking News)
- New Australian HC launches landmark educational programme (Category: Breaking News)
Sri Lanka s total exports for the year 2023 reached USD 14.49 billion, the Export Development Bank (ED) reported, adding that it is only a minor decline of 0.39% compared to 2022.
[…]The post Chips Are Everywhere: But Can Sri Lanka Ride The Wave? appeared first on Colombo Telegraph.
- Biden’s order to restrict US investments in China’s tech sector opens new opportunities for India (Category: Breaking News)
- US Chips Act restricts companies from expanding production in China (Category: Breaking News)
- Lanka Adrift In Tempestuous Seas (Category: Breaking News)
- Threats To The Hegemony Of The US Dollar (Category: Breaking News)
[…]The post RW, IMF & The Economy appeared first on Colombo Telegraph.
- IMF’s Prescription: Panacea Or Palliative? (Category: Breaking News)
- IMF, ATA & RW’s Consolidation (Category: Breaking News)
- IMF Economics & 13A Politics: Recipe For Unrest (Category: Breaking News)
- Restructuring The Economy: A Stock Take (Category: Breaking News)
In a recent agreement, the United States through the United States Agency for International Development’s CATALYZE Private Sector Development (PSD) Activity has extended support to Union Bank, enhancing the bank’s efforts to foster its women-focused financial services. This impactful collaboration will promote financial inclusion by addressing the specific needs of female customers in the ba...
- Oman Air decides to cancel flights to Colombo (Category: Breaking News)
- World greets 2024 with major fireworks displays (Category: Breaking News)
- State Minister Sanath Nishantha killed (Category: Breaking News)
- Royal – Thomian, Sydney 2024 (Category: Breaking News)
Sri Lanka is aiming to negotiate a debt restructuring with holders of its defaulted US dollar bonds within Âa couple of monthsÂ, the Governor of the Central Bank of Sri Lanka (CBSL) told the Financial Times, despite complaints by private creditors that they are being left in the dark.
Saturday 27th January, 2024 Thursday’s tragic accident on the Colombo-Katunayake expressway, where State Minister Sanath Nishantha and his security officer died, has rekindled public debate on road safety. That fatal accident could have been avoided if the driver of the ill-fated vehicle had abided by road rules, we are told. A foreigner was killed yesterday […]
- Road accidents have claimed lives of 115 children so far this year (Category: Breaking News)
- One-fourth of deaths per year in Sri Lanka attributed to road accidents (Category: Breaking News)
- Sri Lanka sees decline in road accidents, fatalities (Category: Breaking News)
- About 60,000 Lankans might die in road accidents in next 20 years: Expert (Category: Breaking News)
President Ranil Wickremesinghe extended an invitation to all political party leaders in the Parliament to engage in discussions with the Managing Director of the International Monetary Fund (IMF) on the implementation of the agreement with the IMF. Emphasizing the importance of unity in leading the country to success, he reiterated that withdrawing from the agreement […]
- President invites party leaders for ‘collective dialogue’ with IMF (Category: Breaking News)
- President seeks opposition support to implement IMF deal (Category: Breaking News)
- Sri Lanka to reach IMF staff level agreement, debt restructuring framework by end July: PM (Category: Breaking News)
- Sri Lanka likely to go ahead with new income tax regime, but president “ready to discuss” (Category: Breaking News)
[…]The post Challenges In The Forthcoming Presidential Elections appeared first on Colombo Telegraph.
- Let Us Know Who Are Contesting? What Are Their Policies? (Category: Breaking News)
- Is Ranil Wickremesinghe Unelectable? (Category: Breaking News)
- Election ’24: Rajapaksa Implosion & Ranil’s Red Sea Meddling (Category: Breaking News)
- Black & White; No Shades? (Category: Breaking News)
By Rathindra Kuruwita Technical and Vocational Education and Training (TVET) neededs to change as the world had transformed with the advent of new technologies, Dr. Harsha Aturupane, World Bank’s lead economist and programme leader for human development for Sri Lanka and the Maldives, said in a televised interview recently. Dr. Athurupane said complex and advanced […]
- KOICA tackles unemployment here (Category: Breaking News)
- Big increase in overweight and obese people in SL since 2015 (Category: Breaking News)
- HSBC and Sarvodaya partner to empower women entrepreneurs (Category: Breaking News)
- New trend among some SL parents not to have infants vaccinated (Category: Breaking News)
In the global political landscape of 2024, Reuters provides a comprehensive overview of key elections shaping the economic and geopolitical landscape across diverse regions. From Europe, where the rise of Eurosceptic far-right parties poses challenges to the European Union’s integration, to Russia, where Vladimir Putin is set for another term amid heightened tensions with the […]
- Nexus between money, exchange rate, money printing and inflation (Category: Breaking News)
- ‘SL’s inflation reduced to single digit levels in 2023 along with restoration of price stability’ (Category: Breaking News)
- Inflation – Public Enemy Number One (Category: Breaking News)
- CP Chief calls for re-alignment of political forces to thwart Ranil (Category: Breaking News)
By Hiran H.Senewiratne Sri Lanka’s inflation could rise to 7 percent in January 2024 due to the VAT increase, the Governor of the Central Bank of Sri Lanka (CBSL), Dr. Nandalal Weerasinghe warned. Speaking at a special press briefing held yesterday, Dr. Weerasinghe explained that an increase in inflation is likely due to the increase […]
- CB reduces interest rates by 100 basis points to tackle inflation and ease borrowing costs (Category: Breaking News)
- Price controls to be removed from rupee lending rates from April 1 – CBSL Governor (Category: Breaking News)
- Policy interest rates reduced to enable economy to reach its true potential – CBSL Governor (Category: Breaking News)
- CB reduces interest rates (Category: Breaking News)
By Rathindra Kuruwita Inflation could rise to about 7% in January 2024, Governor of the Central Bank (CBSL), Dr. Nandalal Weerasinghe has said. Addressing the media on the first monetary policy review of 2024, Dr. Weerasinghe said on Tuesday that the increase in the Value Added Tax (VAT) and the increased prices of vegetables due […]
- Orwellian Isle Ordeals (Category: Breaking News)
- Message from a Cell Death (Category: Breaking News)
- Post-Match Melancholia (Category: Breaking News)
- EC: Prez poll can’t be put off (Category: Breaking News)
The Monetary Policy Board of the Central Bank of Sri Lanka decided to maintain the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) of the Central Bank at their current levels of 9.00 per cent and 10.00 per cent, respectively. The Board arrived at this decision following a comprehensive assessment of […]
- Central Bank of Sri Lanka further reduces policy interest rates (Category: Breaking News)
- Demand for imports in Sri Lanka continues to remain subdued (Category: Breaking News)
- Central Bank decides to continue with tight monetary policy (Category: Breaking News)
- President orders review of Central Bank salary increase (Category: Breaking News)
Sri Lanka's central bank kept interest rates steady on Tuesday, in line with market expectations, forgoing a rate cut as a new tax threatened upward pressure on expenses and fuelled concerns about inflation.The post Sri Lanka central bank keeps policy rates unchanged to tame inflation appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Central Bank of Sri Lanka maintains Policy Rates to support Economic Recovery (Category: Breaking News)
- Sri Lanka unexpectedly cuts rates by 250 bps as inflation eases (Category: Breaking News)
- Central Bank of Sri Lanka threatens administrative measures over high market interest rates (Category: Breaking News)
- Sri Lanka central bank to consider a single policy rate mechanism (Category: Breaking News)
The Governor of the Central Bank of Sri Lanka (CBSL), Dr. Nandalal Weerasinghe, has warned that Sri Lanka s inflation could rise to 7% in January 2024.
A press release issued by the Central Bank of Sri Lanka states that the Monetary Policy Board of the CBSL, at its meeting held on 22 January 2024, decided to maintain the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) of the Central Bank at their current levels of 9.00 per […]
- Words of Wisdom (Category: Business)
- On the move: D. Kapua‘ala Sproat, Bryan Andaya (Category: USA, Hawaii)
- On the move: D. Kapua‘ala Sproat, Bryan Andaya (Category: USA, Hawaii)
- On the move: D. Kapua‘ala Sproat, Bryan Andaya (Category: USA, Hawaii)
The Monetary Policy Board of the Central Bank of Sri Lanka (CBSL) has decided to maintain the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) of the Central Bank at their current levels of 9.00 per cent and 10.00 per cent, respectively.
- Rocky Road (Category: Business)
- Not Under (Category: Business)
- Excess Liquidity (Category: Business)
- New Banks in North and East (Category: Breaking News)
by Jehan Perera Under President Ranil Wickremesinghe’s leadership it looks like Sri Lanka is once again punching above its weight. The President took centre stage at the 19th Summit of the Heads of State and Government of the Non-Aligned Movement (NAM) and the 3rd South Summit of the Group of 77 & China, currently taking […]
- President Positions Sri Lanka To Win International Support (Category: Breaking News)
- President holds bilateral talks with state leaders during NAM Summit in Kampala (Category: Breaking News)
- Non-aligned nations, once perceived as weak states, have evolved beyond that characterization -P... (Category: Breaking News)
- Reflect current changes in global financial institutions – President at NAM (Category: Breaking News)
[…]The post President Positions Sri Lanka To Win International Support appeared first on Colombo Telegraph.
- Govt. woos international community (Category: Breaking News)
- National Reconciliation & Archaeological Mischiefs (Category: Breaking News)
- Neither North Nor South, Ranil At Home With The Global Right (Category: Breaking News)
- Child’s Guide To UK’s Trade Concessions To Developing Countries (Category: Breaking News)
Sri Lanka's consumer price inflation rate jumped to 4.2% year-on-year in December driven by rising food prices, official data showed on Monday, although it remains well below record high levels seen at the height of the country's financial crisis.The post Rising food prices drive Sri Lanka inflation up to 4.2% in December appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka’s key inflation rate rises to 1.5% in October (Category: Breaking News)
- Sri Lanka consumer price inflation eases to 53.2% in January but impulses still persist (Category: Breaking News)
- Sri Lanka’s key inflation rate eases to 50.6% in February (Category: Breaking News)
- Sri Lanka’s July consumer inflation more than halves to 4.6% (Category: Breaking News)
By Prof. Amarasiri de Silva Sri Lanka, renowned for its rich cultural heritage and diverse landscapes, is grappling with an unprecedented macroeconomic crisis. This crisis has given rise to acute shortages and sharp increases in the prices of essential products, creating a complex web of challenges. At the heart of this multifaceted crisis lies a […]
- Dairy: The mirage of self-sufficiency (Category: Business)
- Egg prices expected to drop, imports unnecessary from next year – Minister (Category: Breaking News)
- Fix food sectors (Category: Business)
- Achieving food security:Integrated plan necessary (Category: Breaking News)
Sri Lanka is showing first signs of recovery as it finds itself in an election year, and therefore, what happens before the elections as well as after them will be crucial for the economic recovery in Sri Lanka, IMF’s Senior Mission Chief, Peter Breuer said on Friday. He said so at a press briefing held […]
- SL hopes for productive talks at IMF WB spring meetings (Category: Breaking News)
- World Bank’s IFC emphasizes private sector engagement in crisis-hit Lanka’s growth (Category: Breaking News)
- Sri Lanka’s debt negotiations stall over GDP growth projections and repayment terms – Nishan de ... (Category: Breaking News)
- India promises further support (Category: Breaking News)
[…]The post In This Election Year, Sri Lanka Needs A Lot Of Rationally Thinking People appeared first on Colombo Telegraph.
- Target 2048 – Economic Democracy Principles Should Be Followed To The Letter (Category: Breaking News)
- Sri Lankans Should Fight For Economic Freedom & Not For Economic Independence (Category: Breaking News)
- Child’s Guide To True Cost Of Activities: Concept Of Opportunity Cost (Category: Breaking News)
[…]The post Separation Of Powers, Rule Of Law, Corruption & SL Bankruptcy appeared first on Colombo Telegraph.
- SL Debt Justice Collective Writes Open Letter To IMF On DDO (Category: Breaking News)
- SL not done enough says US (Category: Breaking News)
- SL Stands For Sheep Loom: Obedience Above Intelligence (Category: Breaking News)
- SL Stands For Sheep Loom: Obedience Above Intelligence (Category: Breaking News)
A number of media rights groups, civil society and trade unions have raised concerns over President Ranil Wickremesinghe’s alleged attempt to take the country into a dictatorship by bringing repressive laws. Issuing a joint statement, the Media, Civil Society and Trade Union Collective said the new laws will restrict the public’s right to expression, right […]
- Civil society collective calls for end to state repression in Sri Lanka (Category: Breaking News)
- Concerns over attempts to use Parliament privileges to stifle media freedom (Category: Breaking News)
- Online Safety Bill & Anti-Terror Bill – Law Making To End Democracy & Fundamental Rights Of Sri... (Category: Breaking News)
- UN calls for targeted measures against Sri Lankans accused of rights abuses (Category: Breaking News)
Samsung, a global technology leader, proudly announces the commencement of pre-orders for its highly anticipated Galaxy S24 Series, featuring the Galaxy S24 Ultra, Galaxy S24 Plus, and Galaxy S24. The pre-order period kicked off on January 19, 2024, at 05:00 AM and extends until February 8, 2024, until 11:59 PM. Samsung is delighted to present […]
- Samsung first with Windows phone, new Galaxy Note (Category: Business)
- Samsung Galaxy foldables drive more sustainable future (Category: Breaking News)
- Samsung launches Galaxy S3 to cement supremacy (Category: Business)
- A woman presents the Samsung Galaxy …… (Category: Business)
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