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The Thai cabinet has implemented several visa measures to boost tourism, extending benefits to travelers from 36 additional countries, including Sri Lanka. These measures will accommodate visitors planning to stay in Thailand for over 30 days.The post Thailand introduces Visa-Free entry for Sri Lankan tourists and expands travel benefits appeared first on Sri Lanka News | Breaking News & Top S...
[…]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 Central Bank of Sri Lanka has decided to maintain the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) at their current levels of 8.50 per cent and 9.50 per cent, respectively. The Monetary Policy Board of the Central Bank of Sri Lanka arrived at this decision after carefully assessing the […]
By APSARA RODRIGO ECONOMYNEXT-Sri Lanka plans to bring down international artistes, and hold water festivals to boost tourists, Sri Lanka Tourism Promotion Bureau Chairman, Chalaka Gajabahu said. “We will be hosting a few international artists in September to December,” Gajabahu told EconomyNext. “We would also be having a fashion show in Sigiriya.” Sri Lanka is targeting [...
President Ranil Wickremesinghe announced that the initiative to provide job opportunities for unemployed youth will commence once the country overcomes bankruptcy this year. The President also mentioned that next year will see the launch of a program aimed at introducing modern agriculture to villages in collaboration with private companies to revitalize the export economy. President Ranil Wickrem...
By Shamindra Ferdinando Leader of the United Republican Front (Eksath Janaraja Peramuna) Patali Champika Ranawaka has alleged that the controversial outsourcing of the on-arrival visa processing to a foreign company violated the government procurement process, as well as the understanding with the International Monetary Fund (IMF) in respect of anti-corruption measures. The former Minister said [&...
Saturday 18th May, 2024 Lessons that the 2022 mass uprising provided have gone unlearnt if the ruling party politicians’ unruly behaviour is anything to go by. Those who went into hiding fearing aggressive mobs that pursued them have crawled out of the woodwork; they are exuding hubris and flexing their muscles, again. Old habits are […]
In the bustling heart of Ja-Ela, Moose Clothing Company stands tall as a beacon of creativity, technical expertise, and workmanship. Established in 2018 with a vision to redefine Sri Lanka’s fashion landscape whilst bridging the gap between affordability and accessibility to good quality fashion, Moose Clothing Company has now embarked on a journey that transcends […]
The newly-appointed Ambassador-designate of Sri Lanka to the Kingdom of the Netherlands and the Permanent Representative of Sri Lanka to the Organization for the Prohibition of Chemical Weapons (OPCW), Rekha Gunasekera assumed duties at the Embassy of Sri Lanka in the Netherlands last Friday (10). Her assumption of duties was marked by a simple ceremony […]
[…]The post Aragalaya Effect Vs IMF Effect appeared first on Colombo Telegraph.
Addressing the Parliament of Sri Lanka today (May 09), President Ranil Wickremesinghe provided a comprehensive overview of the country's economic journey over the past two years.The post Sri Lanka President highlights economic progress and future challenges appeared first on Sri Lanka News | Breaking News & Top Stories in Sri Lanka | ONLANKA.
By Easwaran Rutnam President Ranil Wickremesinghe blamed Opposition Leader Sajith Premadasa for the crisis in the country saying things could have been different if he accepted the Prime Minister post in April 2022. The President expressed these views after delivering a statement in Parliament, Thursday. Wickremesinghe said that in 2022 he willingly embraced the task […]
Sri Lanka has been promoted as an “exciting tourist destination” among Americans. The Embassy of Sri Lanka in Washington D.C. opened its doors for American visitors as part of Passport DC’s ‘Around the World Embassy Tour’. The open house launched under a special event, “Passport DC” was organized by Events DC in partnership with over […]
The Sri Lankan Government says there were no concerns raised over the recent visit by Iranian President Ebrahim Raisi. Foreign Minister Ali Sabry said that the Ministry of Foreign Affairs adheres strictly to international rules and regulations in its interactions with foreign countries. “we’re actively seeking to attract more investors, as demonstrated by the successful […]
Tuesday 7th May, 2024 The BIA (Bandaranaike International Airport) visa controversy has taken a dramatic turn with the Opposition accusing Public Security Minister Tiran Alles of having misled Parliament. The outsourcing of on-arrival visa processing to a foreign company has provoked a public outcry. The company reportedly charges about USD 20 or more as visa […]
by Dr Upul Wijayawardhana “If it ain’t broke, don’t fix it.” This is very sound advice to be followed at this time of distress in Sri Lanka, as there are many things that are broken and need fixing urgently. Some may say our ruling politicians are not smart enough to grasp the validity of such […]
The second meeting of the strategic dialogue between Sri Lanka and the United Kingdom is scheduled to be held in Colombo tomorrow (07), at the senior officials’ level, the Foreign Ministry said. A senior Ministry official said: “The meeting will review developments in foreign and security policies, as well as progress in the areas of […]
by Jayasri Priyalal Jayasripriyalal59@gmail.com The greatest challenges confronting the nation-states in the current era revolve around; deplorable debt, depleted natural resources, and degraded environment. Economic growth and future prosperity for all living beings are stalled due to the varying degrees of the 3D problems emerging out of ill-conceived policy divergences propelling the linear eco...
[…]The post Presidential Election Debate Continues appeared first on Colombo Telegraph.
A foreign company that has secured the exclusive right to process applications for Sri Lankan visas stands to earn at least 12.76 billion rupees ($42.5 million) for the same service that a local company had offered virtually free. Chaos broke out at the Bandaranaike International Airport on May Day when VFS Global set up an […]
Iranian Agriculture Minister Mohammad-Ali Nikbakht has stressed the need to further expand cooperation with Sri Lanka in trade and agriculture. Last year, Iran imported over $70 million of products, especially tea and coconut, from Sri Lanka, Nikbakht has pointed out, IRNA wrote. Importing tea from Sri Lanka, through a barter mechanism, is a proper step, […]
A partnership between an Indian and a Russian firm has secured the management rights for the Mattala Rajapaksa International Airport in Hambantota. The airport, once infamous as the “world’s emptiest airport” due to minimal flight activity, is now under the purview of Shaurya Aeronautics (Pvt) Ltd of India and Airports of Regions Management Company of […]
[…]The post American Chaos, Modi’s Heatwave & Ranil As Common Government Candidate appeared first on Colombo Telegraph.
As a collective body of exporters, we have been at the forefront of sustaining employment and ensuring a steady flow of foreign exchange, even amidst the most severe economic downturns faced by our nation. Our membership covers the majority of merchandise exports, which account for some 13% of Sri Lanka’s GDP. Today, we stand united […]
Thursday 18th April, 2024 Tourist arrivals are on the increase, according to the Sri Lanka Tourism Development Authority. Prestigious international travel guides are very generously promoting Sri Lanka as a must-visit tourist destination. Lonely Planet says ‘endless beaches, timeless ruins, welcoming people, oodles of elephants, rolling surf, cheap prices, fun trains, famous tea and flavourful [&#...
Several major water and energy projects are going to be inaugurated by the presidents of Iran and Sri Lanka in the near future, Iranian media reported.The post Iranian President to inaugurate ‘Uma Oya’ project during Sri Lanka visit appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
By Easwaran Rutnam Iran’s President Ebrahim Raisi is to visit Sri Lanka in May and launch several water projects, amidst rising tensions in the Middle East. According to the Tehran Times, Ebrahim Raisi will launch the Uma Oya Multipurpose project which includes two dams namely Dyraaba and Puhulpola and also 25 kilometers of water transmission […]
Kazakhstan has invited President Ranil Wickremesinghe to undertake an official visit to the country. Sri Lanka and Kazakhstan successfully concluded the second round of Foreign Office Consultations in Astana. The Sri Lanka delegation was led by Foreign Secretary Aruni Wijewardane, and the delegation of Kazakhstan was led by Deputy Minister of Foreign Affairs of Kazakhstan […]
Sri Lankan President Ranil Wickremesinghe emphasized the government’s commitment to leading Sri Lanka towards prosperity by 2048 through transformative changes in modern agriculture, tourism, and the energy sector.The post Sri Lanka President calls on youth to lead nation forward through Government initiatives appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
Money, exchange rates, and money printing are crucial components of a nation’s monetary policy framework, wielding significant influence over economic and financial stability. This intricate relationship between these fundamental factors directly affects financial and economic dynamics. I am going to examine the nexus between these factors, clarifying their roles in the financial system and ...