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Sri Lanka's key inflation rate rose to 1.5% in October from 1.3% a month ago, the statistics department said on Tuesday.The post Sri Lanka’s key inflation rate rises to 1.5% in October appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Rising food prices drive Sri Lanka inflation up to 4.2% in December (Category: Breaking News)
- Sri Lanka’s key inflation rate eases to 50.6% in February (Category: Breaking News)
- Sri Lanka unexpectedly cuts rates by 250 bps as inflation eases (Category: Breaking News)
- Sri Lanka’s key inflation rate eases to 25.2% in May (Category: Breaking News)
[…]The post Sri Lanka – Nation Building, Devolution & The 13th Amendment – Part VI appeared first on Colombo Telegraph.
- Sri Lanka – Nation Building, Devolution & The 13th Amendment – Part VII (Category: Breaking News)
- Sri Lanka – Nation Building, Devolution & The 13th Amendment – Part IV (Category: Breaking News)
- Sri Lanka – Nation Building, Devolution & The 13th Amendment – Part III (Category: Breaking News)
- Sri Lanka – Nation Building, Devolution & The 13th Amendment – Part V (Category: Breaking News)
Rear Admiral Sarath Weerasekera, MP, has drawn the attention of President Ranil Wickremesinghe to the humiliation caused by travel restrictions imposed on senior serving and retired military officers and two former Presidents by the US, Australia and Canada. In a letter dated 25 Oct., the former Public Security Minister has pointed out to the President […]
- War crimes court is flawed, but it is beginning to deliver (Category: Breaking News)
- Rights group: Sri Lankan Tamil women exposed to sexual violence, trafficking after war (Category: Breaking News)
- Why Sri Lanka Remains Defiant Against New Allegations of War Crimes (Category: Breaking News)
- Human Rights Groups Condemn Proposed Appointment of Alleged War Criminal Silva to U.N. Peacekeep... (Category: Breaking News)
by Eng Parakrama Jayasinghe parajayasinghe@gmail.com Electricity consumers reeling from the massive increase in tariff in February (adjusted somewhat in July 2023) were naturally appalled by the request for a further increase by the Ceylon Electricity Board (CEB). A public consultation was held on 18 October 2023 by the Public Utilities Commission of Sri Lanka (PUCSL) […]
- How long will power cuts be? (Category: Breaking News)
- CEB GM Eng. Rohan Seneviratne steers electricity sector toward sustainable and renewable future (Category: Breaking News)
- Everyone for himself or herself in electricity sector (Category: Breaking News)
- Correct method of pricing electricity and need to reduce costs (Category: Breaking News)
[…]The post Current State Of Sri Lankan Economy, According To Dhananath Fernando appeared first on Colombo Telegraph.
- Dhananath Fernando – determined to do much for Sri Lanka (Category: Breaking News)
- RW’s Tax Hike Welcome But Much More To Be Done To Come Out Of The Crisis (Category: Breaking News)
- PAYE Tax; Will There Be A Mass Exodus? (Category: Breaking News)
- SC Judgment, Fiscal Philosophy, & Long-Term Decisions For A Brighter Future (Category: Breaking News)
Analysts have condemned the politicizing of China’s legal scientific activity in the Indian Ocean after some Indian media made sensational claims about an oceangoing geophysical research ship from China that docked at a port in Sri Lanka, adding that the claims merely serve India’s regional strategy. The oceangoing geophysical research ship Shiyan 6 reportedly docked […]
- Govt. finally allows Chinese ship visit (Category: Breaking News)
- Foreign research vessels: Cabinet to discuss how to handle them (Category: Breaking News)
- Chinese research vessel Shi Yan 6 docks in Colombo amidst India s concerns (Category: Breaking News)
- China plans setting up radar base in Sri Lanka to monitor Indian naval presence - report (Category: Breaking News)
[…]The post Sri Lankan Tamils & Palestinians: International Justice In The Dark? appeared first on Colombo Telegraph.
- Isn’t It Time For Sri Lanka To Expel Israelis? (Category: Breaking News)
- Israel-Gaza conflict: NPC asks int’l community to step in (Category: Breaking News)
- Ex-Lankan ambassador to Iran alleges Israel destroying two-state solution (Category: Breaking News)
- ‘Home Grown Solution’ A Trojan Horse & Solidarity With Palestine Is A Gimmick (Category: Breaking News)
[…]The post Unelected Team At The BRI Forum: Speaking From Both Sides Of Mouth appeared first on Colombo Telegraph.
- Government Is A ‘Blackhole’: IMF Should Be Worried About The (225+1) (Category: Breaking News)
- Machiavellians Tend To Be Demonic: Stuck Between A Rock & A Hard Place (Category: Breaking News)
- Lack of Common Sense Of A Time-Expired President (Category: Breaking News)
- The Geopolitical Enabling Of The Gotabaya Garrison State (Category: Breaking News)
By Chandre Dharmawardana chandre.dharma@yahoo.ca According to newspaper reports (The Island 16 October [1]), an NGO carrying the acronym MONLAR has accused that “the agricultural policies of successive governments have rendered millions of Lankans insecure”. It claims that “as of today, 5.3 million people in Sri Lanka are food insecure. This proves that what the government [̷...
- Education, culture and health of our rural population compromised (Category: Breaking News)
- MONLAR flays international lenders and govt., for making 5.3 mn Lankans food insecure (Category: Breaking News)
- Multi-sector combined mechanism launched to ensure food security and nutrition in Sri Lanka (Category: Breaking News)
By N Sathiya Moorthy By seeking to escalate the long-term fishers’ issue at a time the two nations are resuming the forgotten ferry service after four decades, Sri Lanka’s Fisheries Minister Douglas Devananada may be torpedoing the larger connectivity project of his President, Ranil Wickremesinghe. The minister’s reiteration of an earlier demand for an UN […]
- There is much more to Katchchatheevu now (Category: Breaking News)
- Will a fishers’ defence force create more problems than solving any? (Category: Breaking News)
- India, Sri Lanka passenger ferry service launched after 40 years (Category: Breaking News)
- ‘Is India going to steal land, water and air?’ (Category: Breaking News)
[…]The post The Cauldrons We Make appeared first on Colombo Telegraph.
- A Great American Dilemma: Israel-Hamas War – Is It Reverse Holocaust? (Category: Breaking News)
- The Holocaust, history and today’s politics (Category: USA, Arkansas)
- The Holocaust, history and today’s politics (Category: USA, Arkansas)
- The Holocaust, history and today’s politics (Category: USA, Arkansas)
By Sanjeewa Jayaweera The English cricketer Moeen Ali, who incidentally is also the vice-captain of the team, posted on his Instagram page a thought-provoking quote: “If you are not careful, the newspapers will have you hating the people who are being oppressed and loving the people who are doing the oppressing”. The quote is attributed […]
- Rafael Nadal does not know when he will return from injury (Category: Breaking News)
- ‘Cross border co-operation, key to stopping illegal migration’ (Category: Breaking News)
- Tamil MPs question alleged inaction on monk’s racist outburst (Category: Breaking News)
- JULY 1983: TAMILS DO NOT BLAME SINHALESE PEOPLE (Category: Breaking News)
Sri Lanka has decided to continue to actively participate in the Belt and Road Initiative proposed by China. Issuing a joint statement, Sri Lanka reiterated that it will never allow any separatist activity against China on Sri Lanka‘s soil. The joint statement by China and Sri Lanka was issued following a visit to China by President Ranil Wickremesinghe […]
- China pledges steadfast support to Sri Lanka (Category: Breaking News)
- Sri Lanka and Estonia successfully conclude inaugural bilateral political consultations (Category: Breaking News)
- China remains the most sincere and reliable friend of Sri Lanka – Ambassador (Category: Breaking News)
- President Wickremesinghe places his trust on Xi Jinping (Category: Breaking News)
The International Monetary Fund (IMF) is looking for a strong budget and narrower deficit from Sri Lanka as it seeks funding to bridge the gap between government revenue and expenditure, the IMF mission chief for the country said on Friday.The post IMF wants strong budget, narrower deficit from Sri Lanka appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- IMF wants strong budget, narrower deficit from Sri Lanka (Category: Breaking News)
- IMF warns about budget deficit (Category: Breaking News)
- IMF commends Sri Lanka's commitment to reduce budget deficit, change in policy rates (Category: Breaking News)
- Despite deficit, Colombo budget sets more spending (Category: Breaking News)
China today assured medium and long-term support for Sri Lanka, during talks between President Ranil Wickremesinghe and Chinese Finance Minister Liu Kun. The Chinese Finance Minister reaffirmed China’s commitment to extend comprehensive support for the implementation of a medium-term and long-term program that is mutually beneficial to both parties and aimed at optimizing Sri Lanka’s […]
- Chinese Finance Minister assures extensive commitment to enhance Sri Lanka s credit optimization (Category: Breaking News)
- Chinese Finance Minister assures an extensive commitment from China to enhance Sri Lanka’s credi... (Category: Breaking News)
- China committed to enhance Sri Lanka’s credit optimization – Chinese Finance Minister (Category: Breaking News)
- Some creditors want to restructure Sri Lanka’s debt without China (Category: Breaking News)
Chinese Finance Minister, Liu Kun, has reaffirmed China’s commitment to extend comprehensive support for the implementation of a medium-term and long-term program that is mutually beneficial to both parties and aimed at optimizing Sri Lanka’s debt.The post Chinese Finance Minister assures an extensive commitment from China to enhance Sri Lanka’s credit optimization appeared first on ONLANKA ...
- China assures commitment towards Sri Lanka’s debt restructuring process (Category: Breaking News)
- Chinese reaffirms support for Sri Lanka’s economic recovery (Category: Breaking News)
- Chinese Finance Minister assures extensive commitment to enhance Sri Lanka s credit optimization (Category: Breaking News)
- Sri Lanka Prime Minister meets Chinese President Xi Jinping (Category: Breaking News)
The agricultural policies of successive governments have rendered millions of Lankans insecure, Movement for Land and Agricultural Reform (MONLAR) has said in a media statement. Historically, the major victims of these policies have been smallholder food producers and the members of the plantation community. However, during the past two years, due to the restrictions on […]
- MONLAR, a force for food insecurity, now blames 70-years of government! (Category: Breaking News)
- Sri Lankan farmers raise concerns over govt.’s agricultural policies (Category: Breaking News)
- Udawalawe reservoir almost empty (Category: Breaking News)
- MONLAR: SL has lost million hectares of forest cover since 1960 (Category: Breaking News)
Let us set the record straight, officially Retired Rear Admiral Sarath Weerasekera recently declared that in his capacity as Chairman of the Sectoral Oversight Committee on National Security he would present to President Ranil Wickremesinghe a comprehensive report on how the war was conducted. The recent US denial of a visa to Adm. Weerasekera underlines […]
- Prez recalls debilitating Elephant Pass setback at Reid Avenue talk (Category: Breaking News)
- A message from Keith Noyahr at the launch of ‘Notes from the battlefield’ (Category: Breaking News)
- Blind security sector reforms: (Category: Breaking News)
- Vanni war and Israel-Gaza conflict: Funding catastrophes (Category: Breaking News)
Fitch Ratings has affirmed the National Insurer Financial Strength (IFS) Ratings of several Sri Lankan insurers and removed them from Rating Watch Negative (RWN). The outlook is ‘Stable’.The post Fitch affirms ratings on 7 Sri Lankan insurers, removes negative watch appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Fitch downgrades seven Sri Lankan insurers’ national IFS ratings (Category: Breaking News)
- Fitch downgrades long-term ratings of 10 Sri Lankan Banks (Category: Breaking News)
- Fitch Ratings downgrades ratings of seven Sri Lankan insurers (Category: Breaking News)
- Fitch affirms rating on 15 Sri Lankan Banks – Removes Watch Negative (Category: Breaking News)
This week, China is throwing a huge party to celebrate one of its biggest experiments in engaging with the world: its Belt and Road Initiative (BRI). Officials and leaders from all over the globe are in Beijing to attend a high-level summit marking the BRI’s 10th anniversary. Participants expected to show up range from Vladimir […]
- Beijing subway crash leaves 102 with broken bones (Category: Breaking News)
- Biden and Xi Jinping to meet in California (Category: Breaking News)
- Inside the deadly instant loan app scam that blackmails with nudes (Category: Breaking News)
- How India overcame bitter G20 divisions over Ukraine (Category: Breaking News)
By N Sathiya Moorthy After domestic stake-holders, the UN Human Rights Office has also taken exception to ‘an overly broad definition of terrorism’ in the proposed Anti-Terrorism Bill. Likewise, it has also opposed the ‘unfettered discretion to label and restrict expressions’ the authorities disagree with as ‘false statements’ in the Online Safety Bill, which too is […]
- UN raises concerns over two Bills in Sri Lanka (Category: Breaking News)
- UN Human Rights Committee to review Sri Lanka (Category: Breaking News)
- Impunity in Sri Lanka to be raised at UN Human Rights Council (Category: Breaking News)
- UN experts call on Sri Lanka to suspend ‘Yukthiya’ anti-drug operation (Category: Breaking News)
by M. Rizwan Muzzammil According to an article in ‘The Diplomat’ (2nd Oct., 23), the Sri Lankan government has committed to supplying 70% of its domestic electricity, with renewable energy sources, by 2030, with the longer-term goal of achieving a fully renewable electricity supply by 2050. The government is incentivised by “debt-for-renewables swap”, which enables […]
- Need for manufacturer-authorized brand new EVs stressed (Category: Breaking News)
- Ukraine, brandy and EVs top the agenda on Xi’s charm offensive (Category: Breaking News)
- World faces stark choice at Rio+20, warns UN Report (Category: Business)
- Sri Lanka’s energy sector at risk: Calls for diversification amidst Chinese investments (Category: Breaking News)
[…]The post RW’s Political Dilemma appeared first on Colombo Telegraph.
- Politics Behind A Politician’s Gold (Category: Breaking News)
- IMF, ATA & RW’s Consolidation (Category: Breaking News)
- Aragalaya’s Unfinished Business (Category: Breaking News)
- Restructuring The Economy: A Stock Take (Category: Breaking News)
Sri Lanka's private creditors have sent a proposal on how to restructure $12 billion of overseas debt, including a new type of bond designed to ease repayments in case of future economic pressure, said two sources with direct knowledge of the matter.The post Sri Lanka bondholders sent $12 billion debt rework proposal to government, sources say appeared first on ONLANKA - Sri Lanka Latest Breaking ...
- Sri Lanka’s bondholders send debt rework proposal to government (Category: Breaking News)
- Sri Lanka s bondholders send debt rework proposal to government (Category: Breaking News)
- Sri Lanka debt restructuring stumbles as government rejects bondholders’ proposal (Category: Breaking News)
- Global investors and Sri Lanka officials set for second round of Bond Restructuring talks (Category: Breaking News)
Sri Lanka has reached an agreement with the Export-Import Bank of China to cover about $4.2 billion of the island nation's outstanding debt, its finance ministry said in a statement on Thursday.The post Sri Lanka says it has deal with China EXIM bank covering $4.2 billion of debt appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- China says Exim Bank and Sri Lanka reached preliminary debt deal (Category: Breaking News)
- China’s EXIM bank offers Sri Lanka debt extension – report (Category: Breaking News)
- Analysis: China paves Sri Lanka’s way to IMF funds, but debt talks remain uncertain (Category: Breaking News)
- Sri Lanka expects financing assurances from China for IMF deal within days (Category: Breaking News)
Discussions between Sri Lanka and all its creditors are ongoing, though the International Monetary Fund has not been informed about any specific agreements, its mission chief for the country said on Wednesday.The post Sri Lanka’s talks with creditors ongoing, unaware of specific deals – IMF appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Debt restructuring making progress in countries such as Sri Lanka – IMF (Category: Breaking News)
- IMF board poised to approve $2.9 billion Sri Lanka bailout (Category: Breaking News)
- IMF expects Sri Lanka to finalize deals with creditors soon (Category: Breaking News)
- There is “strong expectation” of Sri Lanka commercial creditor deal: IMF (Category: Breaking News)
USD 73 mn down the drain? The US Embassy is on record as having said that USAID conducted a project at a cost of USD 73 mn during the Yahapalana administration (2015-2019) to enhance the efficiency of lawmakers and be responsive to the people they represent. In terms of this project, 50 Research Assistants of […]
- Impact of foreign-funded projects on Parliament’s standing as sole sovereign and supreme body (Category: Breaking News)
- Costly UNDP ‘lessons’ for Parliament (Category: Breaking News)
- Deputy Speaker finds fault with media over ‘insufficient coverage’ of Parliament (Category: Breaking News)
- Growing foreign dependency and India’s USD 4 bn lifeline (Category: Breaking News)
Infinite Group, a global leader in the education sector with a presence in over ten countries worldwide, is leading the charge in revolutionising education services in Sri Lanka. Despite the economic downturn that saw the Sri Lankan economy shrink by 11.5% in the first quarter of 2023, Infinite Group has experienced a surge in applications […]
- Infinite Group Fortifies Commitment to Sri Lankan Education Landscape (Category: Breaking News)
- ‘Educate to Elevate’ – Pathways to UK Education for Sri Lankan Students (Category: Breaking News)
- One Foundation, Many Destinations: UCL International Foundation Year with Global Pathways (Category: Breaking News)
- Educate Sri Lanka Colombo Expo 2023 from 1-3 September at BMICH for all higher education and stu... (Category: Breaking News)
[…]The post New CBSL Act – Monetary Policy – Interest Rates Et Al. appeared first on Colombo Telegraph.
- Central Banks Have A Critical Role To Play During Times Of Financial Crisis (Category: Breaking News)
- Entrepreneurs Argue Against Unpredictable Exchange Rate, Interest Rates & Tax Policy (Category: Breaking News)
- Inflation, Interest Rate & Imperialism (Category: Breaking News)
- Central Bank of Sri Lanka further reduces policy interest rates (Category: Breaking News)
Former British Prime Minister David Cameron says Sri Lanka has a key role to play in the South Asia region. Cameron was speaking at the Port City Colombo UAE Road Show, a media release issued today said. The Road Show unveiled the potential of Port City Colombo (PCC) for all to see, drawing the attention […]
- Former UK PM to promote Colombo Port City in UAE (Category: Breaking News)
- Port City Colombo to be positioned as alternate to Singapore, Dubai (Category: Breaking News)
- Delegation of investors led by UAE royalty visits Port City Colombo (Category: Breaking News)
- David Cameron to address Port City Colombo UAE Roadshow (Category: Breaking News)
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