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The Indian government is working on operationalizing Rupee investments in Sri Lanka in a move to boost Indian investments in its southern neighbor, two people aware of the matter told Mint.The post India to push rupee investments in Sri Lanka appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Indian Government allows Sri Lankans to hold $10,000 worth of rupee in cash (Category: Breaking News)
- Sri Lankan bank opens VOSTRO account in India (Category: Breaking News)
- Sri Lankan Rupee further depreciates against U.S. Dollar (Category: Breaking News)
- India to push rupee investments in Sri Lanka - report (Category: Breaking News)
We, the Central Bank Executive Officers’ Union (CBEOU), as a professional union representing the Executive Officers of the Central Bank of Sri Lanka, wish to clarify some facts, as it was evident that the discourse on the recent salary revision of the Central Bank of Sri Lanka is extremely partial and raised without proper knowledge […]
- COPF recommends deferment of CBSL salary increase (Category: Breaking News)
- CBSL officials summoned by parliamentary committees over 70% salary hike? (Category: Breaking News)
- Over 70% salary hike for CBSL employees: Gevindu demands explanation from FM (Category: Breaking News)
- 29% - 89% salary hikes given to CBSL employees- PM reveals in parliament (Category: Breaking News)
[…]The post Risk Of Repeating The Past Continues appeared first on Colombo Telegraph.
- Don’t Disregard The Less Privileged (Category: Breaking News)
- The Hardware & Software Of Reconciliation (Category: Breaking News)
- Dream Team For National Reconciliation (Category: Breaking News)
- Weaponising Of The Law (Category: Breaking News)
[…]The post Modi’s Civilizational Duty & Connectivity Bordering Soft Colonization appeared first on Colombo Telegraph.
- SL Stands For Sheep Loom: Obedience Above Intelligence (Category: Breaking News)
- SL Stands For Sheep Loom: Obedience Above Intelligence (Category: Breaking News)
- Separation Of Powers, Rule Of Law, Corruption & SL Bankruptcy (Category: Breaking News)
- SL Debt Justice Collective Writes Open Letter To IMF On DDO (Category: Breaking News)
Foreign Minister Ali Sabry PC has said that in the emerging multipolar world, countries like Sri Lanka cannot afford to take sides and must be open to working with anyone. Minister Sabry made these observations when he delivered the opening address at the 3rd ‘LKI Foreign Policy Forum’, held on the theme ‘Reassessing Non-Alignment in a Polarised […]
- Ali Sabry reaffirms Sri Lanka s support to Palestine, calls for humanitarian ceasefire (Category: Breaking News)
- Foreign Minister Ali Sabry addresses the Meeting of the NAM Ministerial Committee on Palestine (Category: Breaking News)
- Sabry emphasizes need to reform Sri Lanka s higher education (Category: Breaking News)
- Sri Lankans in Sudan to be evacuated within next few days  Minister (Category: Breaking News)
[…]The post Navigating The Economic Reawakening & Sustainable Growth appeared first on Colombo Telegraph.
- Crisis-Hit Sri Lanka Economy (Category: Breaking News)
- Current State Of Sri Lankan Economy, According To Dhananath Fernando (Category: Breaking News)
- Can Sri Lanka Drive Itself From Bankruptcy To Prosperity In 2023? (Category: Breaking News)
- The Role Of National Defence In A Crisis-Ridden Economy (Category: Breaking News)
ECONOMYNEXT –The Asian Development Bank (ADB) expects Sri Lanka not to reverse its International Monetary Fund-led policy reforms despite elections soon, the ADB Country Director for Sri Lanka Takafumi Kadono said. The island nation has witnessed repeated reversals of policy reforms in the past due to greedy politicians who misled the people to vote for […]
- ADB approves USD 350 million loan for economic stabilisation in Sri Lanka (Category: Breaking News)
- Uncertainty over impending elections could risk Lanka’s economic recovery: ADB (Category: Breaking News)
- ADB approves $350 mn for Sri Lanka Economic Stabilization Programme (Category: Breaking News)
- ‘Effective management of climate vulnerability jeopardized by political instability’ (Category: Breaking News)
Senior U.S. diplomat Richard Verma on Friday met Sri Lankan President Ranil Wickremesinghe and Foreign Minister Ali Sabry in Colombo, and discussed Sri Lanka's economic recovery and progress on its IMF program, the U.S. State Department said.The post Senior U.S. official discusses Sri Lanka’s IMF program in Colombo appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Senior US official discusses Sri Lanka s IMF program in Colombo (Category: Breaking News)
- U.S. Deputy Secretary of State commends Sri Lanka’s economic efforts (Category: Breaking News)
- U.S. Deputy Secretary Verma commends Sri Lanka s economic recovery efforts (Category: Breaking News)
- U.S. Deputy Secretary of State calls on President Ranil (Category: Breaking News)
As Pakistan grapples with the aftermath of controversial elections, political chaos is threatening to cloud its $3bn deal with the International Monetary Fund (IMF), which analysts say is key to the country’s economic stability. On Thursday, the global lender said Pakistan’s interim government had “maintained” economic stability. The IMF’s communications chief, Julie Kozack, said the […]
- IMF promises Pakistan ‘immediate’ release of $1.1bn loan after key meet (Category: Breaking News)
- Pakistan, IMF reach staff-level deal to release $1.1bn from bailout package (Category: Breaking News)
- Pakistan accepts one more IMF condition, agrees to increase interest rate by 200 basis points (Category: Breaking News)
- IMF seeks more Pak assurances before releasing bailout package (Category: Breaking News)
Minister of State for Foreign Affairs Tharaka Balasuriya spoke to WION’s diplomatic correspondent Sidhant Sibal on the sidelines of Raisina Dialogue 2024 in New Delhi.Balasuriya weighed in on several issues ranging from the India-Lanka relationship, Colombo’s ties with China, tourism, Unified Payments Interface (UPI), and more. While speaking on China, Balasuriya said that “both countries [&...
- Sri Lanka keen on expanding ties with China s Yunnan Province (Category: Breaking News)
- ‘SL should expedite signing FTA with China and expand scope of same instrument with India’ (Category: Breaking News)
- Sri Lanka and ASEAN countries to strengthen relations (Category: Breaking News)
- President implemented best foreign policy of independent Sri Lanka  State Minister (Category: Breaking News)
[…]The post The Driving Forces Behind NPP’s Popularity appeared first on Colombo Telegraph.
- A Tale Of Shifting Sentiments & Political Chess (Category: Breaking News)
- Elitism – A Hidden Downfall Factor (Category: Breaking News)
- NPP’s Visit To India & Learning From India’s Success (Category: Breaking News)
- Protecting Commuters’ Ears & Rights (Category: Breaking News)
Sri Lanka said on Wednesday it had exported tea worth US$20 million to Iran to partially repay its US$251 million oil debts, with Colombo saying Tehran’s visiting foreign minister had expressed “satisfaction” at the deal.The post Sri Lanka settles US$ 20 million Iranian oil debt with tea appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka repays $20m Iranian oil debt with tea (Category: Breaking News)
- Lankan, Iranian officials discuss how to boost SL tea exports (Category: Breaking News)
- Iran to double tea imports from SL (Category: Breaking News)
- Sri Lanka partially repays Iranian oil debt with USD 20 million worth of tea (Category: Breaking News)
Following Iranian FM’s visit The Foreign Ministry said yesterday that Iranian Foreign Minister, Hossein Amirabdollahian, during high level meetings in Colombo this week, expressed hope that with this trip, the bilateral ties in all fields, including political, economic, commercial, and tourism, would be expanded. Amirabdollahian was here at the official invitation of the Sri Lankan […]
- Iran and Sri Lanka to strengthen cooperation in multiple areas (Category: Breaking News)
- Nine Iranian sailors freed from Sri Lankan prisons after talks between FMs (Category: Breaking News)
- Gunmen kill nine Pakistani nationals in southeastern Iran (Category: Breaking News)
- Global leaders mourn Iranian President Raisi’s death (Category: Breaking News)
In his policy statement during the inauguration of the 5th session of the 9th parliament, President Ranil Wickremesinghe insists that the solution to the economic crisis lies in economic and scientific measures, not political ones. However, he draws inspiration from Confucius and urges citizens to introspect and cleanse their hearts, which can be seen as […]
- Bishops urge relief package for poor (Category: Breaking News)
- ACJU echoes Aragalaya demands (Category: Breaking News)
- Pope Francis implores Lankan leaders to listen to the cries of the people (Category: Breaking News)
- Heed people’s call for new political model (Category: Breaking News)
The Minister of Tourism, Harin Fernando, has stated that the Sri Lankan Government will be handing over the operation of Mattala International, Ratmalana International and Colombo International Airports to India. He has added that Sri Lanka is a part of India! Has he lost his senses? Separately, should it not be the role of the […]
- New Director General appointed to Civil Aviation Authority (Category: Breaking News)
- CAASL hosts eighth International Cooperation Forum of European Air Safety Agency for first time (Category: Breaking News)
- New DG appointed to Civil Aviation Authority (Category: Breaking News)
- Civil Aviation Accident/Incident Investigations (Category: Breaking News)
Iran and Sri Lanka have decided to strengthening cooperation in multiple areas, Foreign Minister Ali Sabry said following talks with Iran’s Foreign Minister Hossein Amirabdollahian. Sabry said that one of the areas they discussed cooperation on was the energy sector. “We had extensive discussions on further strengthening our cooperation in multiple areas, including the energy […]
- Iranian President invited for state visit to Sri Lanka (Category: Breaking News)
- Nine Iranian sailors imprisoned in Sri Lanka freed (Category: Breaking News)
- Iran’s Foreign Minister to undertake official visit to Sri Lanka (Category: Breaking News)
- Iran’s President to visit Sri Lanka and launch several water projects (Category: Breaking News)
by Shantha Jayarathne, PhD In recent discussions, concerns have emerged about the National People’s Power (NPP) in Sri Lanka, with some fearing a return to outdated communist traditions if the party ascends to power. These apprehensions, often fueled by political agendas, particularly target those with limited political literacy. This article aims to dispel these misconceptions […]
- AKD: JVP-led NPP will not undermine India’s national security (Category: Breaking News)
- AKD’s India visit: ‘JVP will not compromise Lanka’s security and economic interets’ (Category: Breaking News)
- Sajith defends progressive taxation, highlights inequality (Category: Breaking News)
- JVP has told India it won’t do anything to upset regional security and peace (Category: Breaking News)
Tuesday 20th February, 2024 The leaders of the SLPP-UNP government, troubled by the prospect of having to face elections, must be having sleepless nights. They are believed to be busy devising ways and means of putting off the presidential contest due in eight months or so. The President’s Office has however said the next presidential […]
- PAFFREL raises concerns over government’s election strategies (Category: Breaking News)
- IRES: Cabinet halves fund allocation for presidential and general elections (Category: Breaking News)
- Presidential election will be held: PMD (Category: Breaking News)
- PAFFREL: Ranil offers to strengthen PCs, having postponed elections to them (Category: Breaking News)
Young leaders can be the driving force behind the rebuilding of the nation, Dr. Akihiko Tanaka, President of JICA said during a lecture titled, International Relations under Compound Crises: A Japanese Perspective. He made this remark at the closing session of JICA Chair programme held at the University of Colombo on 16 February 2024. It […]
- JICA chief and President Ranil discuss economic reforms, investment projects (Category: Breaking News)
- Sri Lanka keen to resume LRT project soon (Category: Breaking News)
- BASL asks its members to return Japanese funds (Category: Breaking News)
- AGM of United Nations Association of Sri Lanka (Category: Breaking News)
The UN Food and Agriculture Organization (FAO) assured its unwavering support to both the Government and the people of Sri Lanka during these critical times. Dr. Qu Dongyu, Director General of the UN Food and Agriculture Organization (FAO), paid a courtesy visit to President Ranil Wickremesinghe at the Presidential Secretariat, Monday, commending the President’s leadership […]
- Modi committed to support Indian origin Tamils in Sri Lanka (Category: Breaking News)
- Students attend Sri Lanka’s Cabinet meeting for the first time (Category: Breaking News)
- President assures solution for North East Tamils (Category: Breaking News)
- Protest staged in parts of Sri Lanka on Independence Day (Category: Breaking News)
… draws attention to discrepancy in beneficial interest rates for EPF members By Shamindra Ferdinando Dissident SLPP lawmaker Gevindu Cumaratunga yesterday (18) said that the Wickremesinghe-Rajapaksa government owed an explanation how the Governing Board of the Central Bank had approved a massive salary increase to CBSL employees at a time the country was experiencing developing […]
- MP drops bombshell over EPF discrepancy, demands immediate remedy (Category: Breaking News)
- Gevindu presses PM over EPF matter, discrepancy in interest payments (Category: Breaking News)
- MPs call for abolition of collective agreement (Category: Breaking News)
- Central Bank salary controversy: MP finds fault with composition of Governing Board (Category: Breaking News)
US Assistant Secretary of State for South and Central Asia, Donald Lu, hailed Sri Lanka as an example of the success of the administration’s Indo-Pacific strategy in collaboration with partners such as India. However, he also warned both Delhi and Dhaka that the security situation born out of the Rohingya refugee crisis and the general […]
- India bolsters military and economic ties with the US and Europe amidst China’s aggression in In... (Category: Breaking News)
- Committed to India, can create favourable balance of power in Indo-Pacific, says US (Category: Breaking News)
- Maldivian President Muizzu’s pro-China party secures ‘super majority’ in parliamentary polls (Category: Breaking News)
- US fears China may use loans to Sri Lanka for coercive leverage (Category: Breaking News)
[…]The post Disturbing Echoes Of The Last Phase Of The Civil War In Sri Lanka & The Treatment Of Palestinians Under Zionist Occupation appeared first on Colombo Telegraph.
- Disturbing Echoes Of The Last Phase Of The Civil War In Sri Lanka & The Treatment Of Palestinian... (Category: Breaking News)
- Disturbing Echoes Of The Last Phase Of The Civil War In Sri Lanka & The Treatment Of Palestinian... (Category: Breaking News)
- Palestine & Ukraine: Two More Nails In Imperialism’s Coffin? (Category: Breaking News)
- Gaza In End Times (Category: Breaking News)
Promises good economic and political relations with China A National People’s Power (NPP) administration will not do anything that will undermine Indian security; however, it will maintain economic and political relations with China, the NPP delegation to India told Indian officials, NPP Leader Anura Kumara Dissanayake said on Thursday (15) night. In his first interview since […]
- AKD: JVP-led NPP will not undermine India’s national security (Category: Breaking News)
- JVP has told India it won’t do anything to upset regional security and peace (Category: Breaking News)
- JVP fears conspiracy to cause chaos (Category: Breaking News)
- JVP Leader in India on invitation extended by Indian government (Category: Breaking News)
By Shamindra Ferdinando Sri Lanka runs the risk of being expelled from the ‘Open Government Partnership’ (OGP) over its decision to enact the controversial ‘Online Safety Bill’ (OSB) and also go ahead with another contentious piece of proposed draconian legislation, titled Anti-Terrorism Bill. Sources said it would be inevitable unless a consensus could be reached […]
- Body blow to democracy (Category: Breaking News)
- Public input sought for Sri Lanka s OGP National Action Plan 2023-2025 (Category: Breaking News)
- Democracy in danger (Category: Breaking News)
- Deputy Speaker finds fault with media over ‘insufficient coverage’ of Parliament (Category: Breaking News)
By Rathindra Kuruwita A National People’s Power (NPP) administration will not do anything that will undermine Indian security, but it will maintain economic and political relations with China, the NPP delegation to India told Indian officials, JVP/NPP Leader Anura Kumara Dissanayake said in an interview with Sirasa TV, on Thursday (15). In his first interview […]
- NPP administration will not undermine India’s security interests: AKD (Category: Breaking News)
- JVP has told India it won’t do anything to upset regional security and peace (Category: Breaking News)
- JVP fears conspiracy to cause chaos (Category: Breaking News)
- AKD urges northerners to help relegate political dregs into dustbin of history (Category: Breaking News)
The Central Bank of Sri Lanka released the Monetary Policy Report – February 2024 in keeping with the requirements of the Central Bank of Sri Lanka Act, No. 16 of 2023. The content of this Report is mainly based on information that was considered by the Monetary Policy Board of the Central Bank of Sri […]
- Value Added Tax amendment hits inflation target (Category: Breaking News)
- High interest rates have prevented contraction of economy – CBSL Governor (Category: Breaking News)
- CBSL to maintain ‘dovish monetary policy in view of economic stabilization’ (Category: Breaking News)
- Central Bank of Sri Lanka says annual economic growth expected to turn positive in 2024 (Category: Breaking News)
Projections indicate a deviation of inflation from the target, primarily due to amendments to the Value Added Tax (VAT) introduced in January 2024, before it retraces towards the target from around end 2024, the Central Bank of Sri Lanka said. The Central Bank of Sri Lanka released the Monetary Policy Report – February 2024 in […]
- Central Bank of Sri Lanka further reduces policy interest rates (Category: Breaking News)
- CBSL’s decision to raise policy rates in line with IMF expectations (Category: Breaking News)
- Central Bank of Sri Lanka further reduces policy interest rates (Category: Breaking News)
- ‘SL’s inflation reduced to single digit levels in 2023 along with restoration of price stability’ (Category: Breaking News)
[…]The post MP Gary Anandasangaree’s Hypocrisy & Political Cowardice On Israel-Palestine appeared first on Colombo Telegraph.
- V. Anandasangaree: The LTTE Vilified Him, But History Has Vindicated Him (Category: Breaking News)
- What Is Necessary In Gaza? Ceasefire Or Peace Keeping, Or Both? (Category: Breaking News)
- Isn’t It Time For Sri Lanka To Expel Israelis? (Category: Breaking News)
- Disturbing Echoes Of The Last Phase Of The Civil War In Sri Lanka & The Treatment Of Palestinian... (Category: Breaking News)
Sri Lanka's economy is expected to keep growing in 2024 and gradually reach its potential over the medium term, according to the Central Bank's latest report on monetary policy.The post Central Bank of Sri Lanka says annual economic growth expected to turn positive in 2024 appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka’s official reserve assets up by 9.6% in April 2024 (Category: Breaking News)
- Central Bank of Sri Lanka maintains Policy Rates to support Economic Recovery (Category: Breaking News)
- Sri Lanka Central Bank further reduces policy rates (Category: Breaking News)
- Sri Lanka’s Central Bank holds policy interest rates at current levels (Category: Breaking News)
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