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By Shamindra Ferdinando Justice Minister Dr. Wijeyadasa Rajapakse, PC, declared in Parliament that the winners of LPL (Lanka Premier League) 2023 B-Love Kandy had been sponsored by an enterprise that was banned in the country. The statement was made in Parliament on 24th August. The one-time President of the Bar Association found fault with SLC […]
- In terms of RTI Act House releases names of MPs who voted for new law (Category: Breaking News)
- All praise for Lanka’s saviours! (Category: Breaking News)
- Prez should explain why he scrapped time-tested exchange controls – NFF (Category: Breaking News)
- Impact of foreign-funded projects on Parliament’s standing as sole sovereign and supreme body (Category: Breaking News)
Tuesday 15th August, 2023 The Professional Chef’s Association Sri Lanka (PCASL) made a fervent appeal over the weekend on behalf of everyone engaged in tourism. Pointing out that unfortunate instances abounded where foreign tourists faced exploitation at the hands of various persons, it stressed that the foreign guests helped boost the country’s economy and deserved […]
- Country attracts more than 800,000 tourists by 8 August (Category: Breaking News)
- 74,664 tourists arrive in Sri Lanka in first two weeks of Nov. (Category: Breaking News)
- Sri Lanka bans transport of tourists by three wheeler taxis not licensed by Tourism Authority (Category: Breaking News)
- Tourist arrivals top 1.4 mn by third week of December (Category: Breaking News)
Union Assurance, the #1 Bancassurance provider in Sri Lanka, recently hosted the Bancassurance Super League 2023, a dynamic event aimed at improving employee engagement and nurturing a positive workplace culture that promotes camaraderie and fun. The event, held at the Thurstan College Cricket Grounds on June 10th, saw energetic participation from the teams representing all […]
- Union Assurance Rewards ‘First Class Excellence’ at Bancassurance Awards (Category: Breaking News)
- Union Assurance rewards top Bancassurance performers in Seylan Bank (Category: Breaking News)
- Union Assurance Celebrates Spectacular Year with Commercial Bank Partnership (Category: Breaking News)
- Union Assurance Enters into Strategic Bancassurance Partnership with Standard Chartered (Category: Breaking News)
[…]The post A French Spring Amid IMF Mission Creep: Ranil Tangoes In Paris As Macron Pivots To BRICS appeared first on Colombo Telegraph.
- Debt Restructuring As Rocket Science: The IMF, Green, Blue & Pink-Washing BlackRock? (Category: Breaking News)
- Beyond The Myth Of TINA To The IMF: The New Development Bank In The Asian 21st Century (Category: Breaking News)
- IMF, Sri Lanka’s Resource Curse & Privatization Of The Central Bank (Category: Breaking News)
- Of Elections, Bond Scams & Money Politics: The Anatomy Of Default @75 (Category: Breaking News)
Union Assurance, the #1 Bancassurance provider in Sri Lanka, recently hosted the annual awards night 2022 for the Seylan Bank Bancassurance Channel under the exalted theme of ‘Galactic Excellence’. The event which was held on May 12th, 2023, at the Courtyard by Marriott Colombo celebrated and rewarded the top-performing regions, branches, and staff members. The […]
- Union Assurance Champions Employee Engagement at the Bancassurance Super League 2023 (Category: Breaking News)
- Union Assurance Celebrates Spectacular Year with Commercial Bank Partnership (Category: Breaking News)
- Union Assurance Enters into Strategic Bancassurance Partnership with Standard Chartered (Category: Breaking News)
- Union Assurance Rewards ‘First Class Excellence’ at Bancassurance Awards (Category: Breaking News)
Debt-laden Sri Lanka will unveil its domestic debt restructuring strategy this week, central bank chief P Nandalal Weerasinghe said on Sunday (Jun 25), as the island navigates its worst financial crisis in decades. Sri Lanka will also likely obtain Cabinet and parliamentary approval for the debt restructuring strategy this week, Weerasinghe told local TV channels […]
- CB warns of catastrophic consequences if banking sector collapses (Category: Breaking News)
- Sri Lanka’s sovereign lenders yet to outline debt talks plans (Category: Breaking News)
- Sri Lanka to announce debt restructuring strategy in April (Category: Breaking News)
- CBSL Governor refuses to resign over pay hike issue (Category: Breaking News)
[…]The post NM’s Heritage: Upsurge Of Religious Despotism In Sri Lanka: Can The JVP Withstand Sinhala-Buddhist Racism? appeared first on Colombo Telegraph.
- On The Current Debate Among Left Intellectuals (Category: Breaking News)
- Law & Justice Are At Stake At Mylathmadu & Mathavanai In East (Category: Breaking News)
- Seize The Election To Secure It: ‘A Democratic Revolution By Force’ (Category: Breaking News)
- Follow-Up On The Buddhist-Tamil Dialogue In Europe & USA (Category: Breaking News)
Tourism is bouncing back after the Easter attack, Covid-19 pandemic and the aftermath of the economic stake holders are optimistic and working hard towards a better future.The General Manager of Shangri-la Hambantota Refhan Razeen welcomed 2023 with a positive note with much expectations this year. having overcome the challenges of the past years. We Sri […]
- Sri Lanka: Shangri-La to open a hotel in Colombo in 2014 (Category: Breaking News)
- Construction work on the Shangri-La Hotel commence today (Category: Breaking News)
- Seven Stars (Category: Business)
- Second Property (Category: Business)
Thursday 4th May, 2023 Government politicians, save perhaps a few, and their backers are still cock-a-hoop over the IMF bailout which they naively think is a kind of economic panacea. They went so far as to paint the town red when the IMF approved the much-awaited extended fund facility, in March, lighting as they did […]
- Cabinet nod for President’s proposal to make Parliament underwrite foreign investment agreements (Category: Breaking News)
- Hot Hand (Category: Business)
- Sirisena boasts of his successful foreign policy to current rulers (Category: Breaking News)
- Prez: Cumbersome investment laws to be revised to make country attractive to investors (Category: Breaking News)
Bangladesh has extended the repayment period of the loan it had given to Sri Lanka by six more months as the Island nation continues to struggle to fix its debt crisis, officials say. Earlier, the central bank of Sri Lanka had sought time from Bangladesh to make the first instalment of the $200 million credit […]
- Sri Lanka pays off $200m loan from Bangladesh with $4.5m interest (Category: Breaking News)
- Bangladesh says Sri Lanka paid back another $100m (Category: Breaking News)
- Central Bank of Sri Lanka returns $50m of $200m Bangladesh loan (Category: Breaking News)
- Sri Lanka given more time to repay Bangladesh’s $200 Million loan (Category: Breaking News)
To tackle the enormous economic challenge that Sri Lanka is facing, everyone must come together to support the recovery and promote stable and inclusive growth, says the International Monetary Fund (IMF) Senior Mission Chief for Sri Lanka Peter Breuer.The post Everyone must come together to support Sri Lanka’s recovery and inclusive growth – IMF appeared first on Sri Lanka News - Lates...
- Everyone must come together to support Sri Lanka s recovery and inclusive growth  IMF (Category: Breaking News)
- IMF reaches staff-level agreement with Sri Lanka on second review (Category: Breaking News)
- Despite signs of stabilization, full economic recovery not yet assured – IMF Mission (Category: Breaking News)
- IMF and Sri Lanka reaches Staff-Level Agreement for US$ 2.9 Billion Programme (Category: Breaking News)
With a steadfast and fitting theme, ‘Above and Beyond,’ Union Assurance recently hosted the annual awards night 2022 for the Commercial Bank Bancassurance Channel. The event celebrated a spectacular record-breaking year for the partnership that has grown consistently over the last 12 years. Attended by dignitaries of both organisations, the event rewarded the top-performing regions, […]
- Union Assurance rewards top Bancassurance performers in Seylan Bank (Category: Breaking News)
- Union Assurance Enters into Strategic Bancassurance Partnership with Standard Chartered (Category: Breaking News)
- Union Assurance Champions Employee Engagement at the Bancassurance Super League 2023 (Category: Breaking News)
- Union Assurance Rewards ‘First Class Excellence’ at Bancassurance Awards (Category: Breaking News)
By SHIHAR ANEEZ Sri Lanka expects to present an anti-corruption bill to the parliament in coming days, Cabinet Spokesman said, as the island nation has been urged by the International Monetary Fund (IMF) to reduce corruption. The IMF has urged Sri Lanka to reduce corruption vulnerabilities through improving fiscal transparency and public financial management, introducing a […]
- CBK: Proposed anti-corruption bill inadequate to end widespread problem (Category: Breaking News)
- IMF agreement with Sri Lanka must be contingent on critical reforms- US senate committee (Category: Breaking News)
- Govt gazettes new anti-corruption bill after IMF deal (Category: Breaking News)
- CSI calls for inclusion of IMF identified actions in programme (Category: Breaking News)
[…]The post Alternatives To The IMF & The Future Of The Welfare State: Beyond The Blame Game Between Superpowers appeared first on Colombo Telegraph.
- Greenwashing Bond Scams & Financializing Mother Nature: Climate Science Fiction Versus Local Rea... (Category: Breaking News)
- Debt Restructuring As Rocket Science: The IMF, Green, Blue & Pink-Washing BlackRock? (Category: Breaking News)
- Of Elections, Bond Scams & Money Politics: The Anatomy Of Default @75 (Category: Breaking News)
- Beyond The Myth Of TINA To The IMF: The New Development Bank In The Asian 21st Century (Category: Breaking News)
[…]The post Warning Signal To RW’s Transformation Agenda appeared first on Colombo Telegraph.
- IMF’s Prescription: Panacea Or Palliative? (Category: Breaking News)
- A führer In The Making (Category: Breaking News)
- RW’s Rocky Road To Export Driven Valhalla (Category: Breaking News)
- RW, IMF & The Economy (Category: Breaking News)
Reforms to be introduced to end ‘media abuses’ President Ranil Wickremesinghe yesterday said that the government was not in a position to lower the taxes. Delivering his second government policy statement to inaugurate the Fourth session of the Ninth Parliament, the President said: “Some people say that the primary taxable income should be raised from […]
- Ranil tells Parliament he will continue with unpopular decisions (Category: Breaking News)
- Sri Lanka President delivers Government’s policy statement in Parliament (Category: Breaking News)
- President Ranil Wickremesinghe’s Policy Statement – Full Text (Category: Breaking News)
- Prez insists on IMF approved new tax regime, warns of dire consequences unless fully implemented (Category: Breaking News)
Sri Lanka President Ranil Wickremesinghe ceremonially declared open the fourth session of the ninth Parliament and delivered the Government Policy Statement today (February 08).The post Sri Lanka President delivers Government’s policy statement in Parliament appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- Prez vows to reform loss-making state enterprises, implement new tax regime (Category: Breaking News)
- Ranil tells Parliament he will continue with unpopular decisions (Category: Breaking News)
- President Ranil Wickremesinghe’s Policy Statement – Full Text (Category: Breaking News)
- An Exit Strategy From The Crisis: Agenda For Shared Revival Of Sri Lanka (Category: Breaking News)
[…]The post President Ranil Wickremesinghe’s Policy Statement – Full Text appeared first on Colombo Telegraph.
- Prez vows to reform loss-making state enterprises, implement new tax regime (Category: Breaking News)
- Sri Lanka President delivers Government’s policy statement in Parliament (Category: Breaking News)
- Ranil tells Parliament he will continue with unpopular decisions (Category: Breaking News)
- Sri Lanka President says Let 2048 be the year of development for Sri Lanka (Category: Breaking News)
President Ranil Wickremesinghe told Parliament today that he will continue with his unpopular decisions. Making his throne speech, Wickremesinghe said that he is not here to be popular. He said that the unpopular decisions he takes will have positive results in the years to come. The President said that Sri Lanka expects to recover from […]
- Sri Lanka President delivers Government’s policy statement in Parliament (Category: Breaking News)
- President Ranil Wickremesinghe’s Policy Statement – Full Text (Category: Breaking News)
- Prez vows to reform loss-making state enterprises, implement new tax regime (Category: Breaking News)
- President seeks opposition support to implement IMF deal (Category: Breaking News)
[…]The post Government Is A ‘Blackhole’: IMF Should Be Worried About The (225+1) appeared first on Colombo Telegraph.
- What Is To Be Done? – Anura Kumara Dissanayake (Category: Breaking News)
- Warning Signal To RW’s Transformation Agenda (Category: Breaking News)
- Corruption & Psychopathic Tendencies: Pet Dogs, Incompetency & Beds To The Foray (Category: Breaking News)
- Why Should We Beg IMF? – When More Than $36 Billion To Be Recovered (Category: Breaking News)
Institutions remain the most important factor for strengthening productivity and the investment climate in a country. Good governance, rule of law, and socio-political stability are crucial determinants of long-run economic growth. As famously described by Douglas North, “Institutions are the rules of the game in a society; more formally, they are the humanly devised constraints […]
- More and better jobs: Policy prescription for South Asia (Category: Business)
- RW says great power rivalries and geopolitics emerging threat to Third World (Category: Breaking News)
- President at Nikkei Forum: Asia needs a single voice at 2023 UN Climate Change Conference (Category: Breaking News)
- International financial institutions and development in Asia (Category: Business)
[…]The post Political Solution Before Next Independence Day appeared first on Colombo Telegraph.
- Enlightened Leadership To Overcome Challenges (Category: Breaking News)
- A Coalition Of Power To Stay In Power Is Not What Country Needs (Category: Breaking News)
- Reconciliation Also Needs Accountability To Be Viable (Category: Breaking News)
- What The President Can Do Before He Goes (Category: Breaking News)
By Jehan Perera The passage of the budget by a comfortable majority confirms that the government’s parliamentary majority is holding in the face of adverse circumstances. The ruling party has lost over twenty of its members who no longer follow the party line. But the rest of them appear to be staying together despite the […]
- Missing factor in roadmap to recovery (Category: Breaking News)
- 13 A: Political parties miss Ranil’s Feb. 04 deadline for submitting their proposals (Category: Breaking News)
- Never-ending APCs (Category: Breaking News)
- President Ranil and SLPP hold talks on presidential candidacy in upcoming polls (Category: Breaking News)
[…]The post Food Security Challenges Aligning With The Current Economic Crisis In Sri Lanka appeared first on Colombo Telegraph.
- The Destiny Of China’s Colony Of Sri Lanka (Category: Breaking News)
- Machiavellians Tend To Be Demonic: Stuck Between A Rock & A Hard Place (Category: Breaking News)
- The Current System & Unlawful Actions (Category: Breaking News)
- Lack Of Accountability, Ability & Credibility (Category: Breaking News)
By D. L. Sirimanne I dreamt I was the Radio Officer on a KLM Super Constellation flight to Colombo with a Dutch crew. Flight Information sent us a ‘red alert’ that Colombo Airport was closed and to divert the flight to Jaffna. I immediately informed the Captain and he accordingly altered heading to Jaffna. I […]
- Abolition Of The Provincial Councils System: Reply To Milinda Moragoda’s Utterance (Category: Breaking News)
- Sri Lanka: China to build airport in Poonakari to balance Indias Palaali (Category: Breaking News)
- Shake away the old, accept the new (Category: Breaking News)
- Wigneswaran considers himself best Tamil candidate to run for President (Category: Breaking News)
By Shamindra Ferdinando Narendra Fernando, Sergeant-at-Arms of the crisis-ridden Parliament, has declared that the largest number of students, in the post-independence era, visited the House on Thursday (Dec. 01). Director, Legislative Services, Janakantha Silva, who is also the Acting Director of Communication, quoted Fernando as having said that approximately 5,000 students, from 32 schools, rec...
- MPs demand stern legal action against ex-Chairman, DG on compulsory leave (Category: Breaking News)
- DG Archaeology resigns over discord with govt. (Category: Breaking News)
- Wildlife DG Advocates Bio-Piracy (Category: Breaking News)
- Sri Lanka appoints new DG to head the country’s Petroleum Exploration Secretariat (Category: Breaking News)
[…]The post Who Has Printed The Biggest Quantity Of Money? Lakshman, Cabraal Or Nandalal? appeared first on Colombo Telegraph.
- A Child’s Guide To Currency Board Systems: The Performance Of Ceylon’s Currency Board (Category: Breaking News)
- A Child’s Guide To Currency Board Systems: Has The Monetary Board Failed The Nation? (Category: Breaking News)
- Four Popular Fallacies Relating To Central Banking (Category: Breaking News)
- Central Bank Independence: Issue To The Fore Again, But Will The Government Have Foresight To Do... (Category: Breaking News)
Speech made November 22 I have consistently recorded my opposition to Minister of Finance being the President. From 2010 onwards in this House, whenever the President in his capacity as Minister of Finance has presented a budget I have recorded that protest and I wish to record that today as well. When a person who […]
- Reconstitution of COPE, COPA in limbo (Category: Breaking News)
- BASL: If 21A fails, that will adversely affect future law reform initiatives (Category: Breaking News)
- Interim Budget passed (Category: Breaking News)
- GL: Govt. not concerned about corruption despite Geneva warning (Category: Breaking News)
The Governor of the Central Bank of Sri Lanka (CBSL) says the Budget 2023 concentrates on recovering the economy and how to stabilize it moving forward.The post CBSL governor says 2023 Budget focuses on economic recovery and stability appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- Sri Lanka’s Central Bank Governor asks critics to provide alternatives (Category: Breaking News)
- Sri Lanka central bank chief: monetary policy transmission still incomplete (Category: Breaking News)
- Sri Lanka will have to go for another DDO strategy if targets of current plan not achieved – CBS... (Category: Breaking News)
- We need to continue moving in this direction  CBSL Governor (Category: Breaking News)
Senior lawyer S. A. Cader sayas that it was the responsibility of Parliament to enact legislation to enable the country to seek UN support for the recovery of stolen public assets.Cader, senior partner at Julius & Creasy emphasised the urgent need to address the issue at hand as part of the overall efforts meant to […]
- ‘Revenue raised from new taxes, too, will be robbed, wasted’ (Category: Breaking News)
- Govt. eyes criminal asset recovery law by April under IMF program (Category: Breaking News)
- Laws made to be broken (Category: Breaking News)
- Parliament rejected two anti-corruption propoals (Category: Breaking News)
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