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[…]The post Political Buddhism & Corruption: The Unholy Twins appeared first on Colombo Telegraph.
- Why The Shock Over IMF’s Diagnostic Report? (Category: Breaking News)
- Aragalaya, Political Buddhism & Ranilocracy (Category: Breaking News)
- On System Change (Category: Breaking News)
- Muslim Politics & National Crises (Category: Breaking News)
Nearly 2,000 public sector employees have opted to obtain extended leave for a five-year period to travel overseas for employment.The post Some 2,000 state employees went abroad on five-year no-pay leave appeared first on Sri Lanka Breaking News and Top Headlines - ONLANKA News.
- Govt. to halt further rot in public sector by stopping state-sponsored brain drain (Category: Breaking News)
- Circular issued for state sector workers on taking no-pay leave for foreign jobs (Category: Breaking News)
- Crisis-hit Sri Lanka finally starts to deal with bloated public sector (Category: Breaking News)
- Govt to encourage public employees to take entitled no-pay leave (Category: Breaking News)
By NESHELLA PERERA Millions of less affluent Sri Lankans works in the Middle East are sending money home to keep the economy afloat while the more educated who hold higher post in developed countries keep money stashed elsewhere, Labour Minister Manusha Nanayakkara said. “The most amount of foreign exchange generated for Sri Lanka comes from the […]
- Money printing drastically reduced in 2022 - CBSL governor (Category: Breaking News)
- Money-printing halted as a matter of policy  Cabinet Spokesman (Category: Breaking News)
- CBSL permanently revokes money changing permit of Prasanna Money Exchange (Category: Breaking News)
- CBSL warns of scams defrauding individuals through calls, SMSs, emails and social media (Category: Breaking News)
The Central Bank of Sri Lanka (CBSL) says earnings from merchandise exports declined marginally by 2.0% in March 2023 (year-on-year) to USD 1,037 million.
[…]The post National Reconciliation, Criminal Accommodation & Election Juggling appeared first on Colombo Telegraph.
- Presidential Ambition & Abolition Betrayal (Category: Breaking News)
- Election ’24: Rajapaksa Implosion & Ranil’s Red Sea Meddling (Category: Breaking News)
- New Year Questions & Dilemmas (Category: Breaking News)
- Electing A New Parliament & Ending The Old Presidency (Category: Breaking News)
[…]The post Is It 1848 Again? Unrest This Time Is Global appeared first on Colombo Telegraph.
- Vladimir Putin, Xi Jinping & Joe Biden (Category: Breaking News)
- Waiting For Godot: Can Some Developing Nations Unite & Transform The Planet? (Category: Breaking News)
- Gathering Storms Cloud On The Horizon; Military, Political, Strategic & Economic Uncertainties A... (Category: Breaking News)
- Snivelling Won’t Combat Corruption; Are We Waiting For Sri Lanka’s Nelson Mandela? (Category: Breaking News)
Sri Lanka's key inflation rate eased to 35.3% in April from 50.3% in March, the statistics department said on Friday, a sign of relief for the crisis-battered economy.The post Sri Lanka’s key inflation rate eases to 35.3% in April appeared first on Sri Lanka Breaking News and Top Headlines - ONLANKA 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)
- Sri Lanka’s key inflation rate eases to 4% in August (Category: Breaking News)
- Sri Lanka’s April inflation climbs to 2.7%, up from March’s 2.5% (Category: Breaking News)
[…]The post Are We Leading From Behind? appeared first on Colombo Telegraph.
- The Urgent & Critical Issues Related To Climate Change (Category: Breaking News)
- Rising Temperature Rising Frustration (Category: Breaking News)
- Impact Of Climate Change In Sri Lanka: National Security Challenges & Way Forward (Category: Breaking News)
- Forget The politicians & Their Bureaucrats, This Is Why We The Public, Need To Understand Climat... (Category: Breaking News)
By Saman Indrajith Tamil National Alliance (TNA) MP Shanakiyan Rasamanickam yesterday told Parliament that the debate on the country’s agreement with the IMF was a waste of time as the two parties had already signed the agreement. “This is a waste of time. We are talking about this for three days and we are spending […]
- Will new dispensation revisit MCC agreement with USA? (Category: Breaking News)
- IMF staff-level agreement not the final, President informs Speaker (Category: Breaking News)
- Prez has final say in making IMF agreement available to MPs (Category: Breaking News)
- More South Korean job opportunities (Category: Breaking News)
Minister of Education, Susil Premajayantha, told Parliament, yesterday, that they have taken steps to increase the monthly allowance, paid to students at teacher training colleges, in the form of a bank loan. The Minister added that they are finalizing the recruitment of new students to teacher training colleges. “We held the exams in January 2023. […]
- Ragging not allowed in Teachers’ Training Colleges says Minister (Category: Breaking News)
- New University of Education to be established integrating National Colleges of Education (Category: Breaking News)
- Govt. to recruit 2,000 university teachers: Education Minister (Category: Breaking News)
- 202,562 vacancies in public sector (Category: Breaking News)
[…]The post IMF Relief Is Momentary, Blackhole Of A Gulf Between ‘Haves’ & ‘Have-Nots’ Is Widening! appeared first on Colombo Telegraph.
- Is Ranil Wickremesinghe Unelectable? (Category: Breaking News)
- Calm Before The Storm! Aragalaya -’22 Has Rested Enough!!! (Category: Breaking News)
- Cockiness; What Price? (Category: Breaking News)
- IMF Is Not The Ultimate Arbiter, The People Are! (Category: Breaking News)
The second reading of the Central Bank of Sri Lanka Draft Bill is due to be debated in Parliament on 11 May.
Foreign Affairs Minister Ali Sabry is slated to leave for Incheon, South Korea to attend the 56th Annual Meeting of the Board of Governors of the Asian Development Bank (ADB). MORE.
The Annual Report of the Central Bank of Sri Lanka (CBSL) 2022 was presented by Central Bank Governor Dr. Nandalal Weerasinghe to the Minister of Finance Economic Stabilization and National Policies, President Ranil Wickremesinghe at the Ministry of Finance today (27).
As the Truly Sri Lankan Bank, Pan Asia Bank values employee engagement, especially when celebrating the nation’s rich heritage, the Sinhala & Tamil New Year. Recently, Pan Asia Bank held Sinhala and Tamil New Year festivities by upholding all the traditional customs while also respecting diversity and inclusion of all employees through many vibrant activities. […]
- Avurudu awakening (Category: Business)
- HSBC gets set for Avurudu (Category: Business)
- Union Bank Avurudu Fiesta 2023 (Category: Breaking News)
- 18 deaths during Avurudu season (Category: Breaking News)
Powering the 89th annual Battle of the Saints, Sri Lanka’s leading private sector bank HNB PLC, reaffirmed its commitment as the official banking partner for the highly anticipated cricket encounter at the Sinhalese Sports Club on April 28, 29 and 30. The match will see the two leading Catholic schools, St. Josephs College and St. […]
- HNB honoured as the Best Retail Bank in Sri Lanka for the 13th year (Category: Breaking News)
- HNB launches Affinity Credit Cards packed with benefits for the members of Ladies’ College OGA (Category: Breaking News)
- Archbishop Emeritus Oswald Gomis passes away (Category: Breaking News)
- Amidst crisis US expanding its role through JKH, HNB (Category: Breaking News)
Sri Lanka's economy is expected to shrink by 2% in 2023, its central bank said in an annual report on Thursday, as the country struggled to emerge from its worst financial crisis in decades.The post Sri Lanka’s economy to shrink by 2% in 2023, Central Bank says appeared first on Sri Lanka Breaking News and Top Headlines - ONLANKA News.
- Sri Lanka economy could shrink by -3.5% to -4%, president says (Category: Breaking News)
- Sajith claims VAT hike will shrink economy (Category: Breaking News)
- Sri Lanka economy to shrink over 8-pct in 2022, inflation may peak below 70-pct: CB chief (Category: Breaking News)
- Sri Lanka fixed wireless users shrink, broadband up (Category: Breaking News)
The Annual Report of the Central Bank of Sri Lanka (CBSL) for the Year 2022 was presented today (27) to the President and Minister of Finance, Economic Stabilization and National Policies, Ranil Wickremesinghe by the Governor of the Central Bank, Dr. P Nandalal Weerasinghe.
- Rocky Road (Category: Business)
- Not Under (Category: Business)
- Excess Liquidity (Category: Business)
- New Banks in North and East (Category: Breaking News)
The USAID s Sri Lanka Energy Project and the Asia Development Bank (ADB) have collaborated to launch the Sri Lanka National Chapter WePOWER to promote the advancement of women working in the country s local energy sector.
- Government land policy is fair- Keheliya (Category: Breaking News)
- Bond Auction (Category: Business)
- ‘SL will implement home-grown solution’ (Category: Breaking News)
- Market Flavour (Category: Business)
The Government is to consider restructuring Sri Lanka’s domestic debt, but a final decision is yet to be taken, President Ranil Wickremesinghe told Parliament today. He said that all aspects will be looked into when restructuring Sri Lanka’s domestic debt. “Some banks are saying they will not be able to face this. Then they must […]
- Sri Lanka Government hoping to restructure $17 billion foreign debts along with local debts (Category: Breaking News)
- Sri Lanka virtually let down by China in securing a $2.9 billion IMF loan in December (Category: Breaking News)
- President urges China to change tune on debt (Category: Breaking News)
- Fitch downgrades Sri Lanka’s long-term local-currency IDR to ‘CC’ (Category: Breaking News)
Wednesday 26th April, 2023 Former Minister of Justice and Constitutional Affairs Prof. G. L. Peiris, MP, has faulted the IMF for paying scant attention to the high incidence of corruption in Sri Lanka. He has struck a responsive chord with the public. When the current dispensation stopped dilly-dallying and asked for IMF assistance, many Sri […]
- Govt gazettes new anti-corruption bill after IMF deal (Category: Breaking News)
- Ahead of IMF approval, govt promises anti-corruption bill (Category: Breaking News)
- 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)
Sri Lanka is caught up in the China-Quad battle. The Indian participation in the ‘Quad’ project has further complicated matters for Sri Lanka. President Gotabaya Rajapaksa’s ouster, last July, following a US-backed protest campaign that overwhelmed the seemingly invincible administration, underlines the urgent need for a thorough examination of external interventions. By Shamindra Ferdinando The [...
- Deferred China ship visit takes place amidst diplomatic row (Category: Breaking News)
- Bid to locate Admiral Zheng’s sunken vessels runs into controversy (Category: Breaking News)
- SJB frowns on Chinese project at Colombo Port, seeks President’s observations (Category: Breaking News)
- Impact of foreign-funded projects on Parliament’s standing as sole sovereign and supreme body (Category: Breaking News)
Indian tourists visiting Sri Lanka will be able to pay for transactions in Indian Rupees (INR), the Governor of the Central Bank of Sri Lanka Nandalal Weerasinghe said. Delivering a special address in the Webinar on ‘Economic Scenario of Sri Lanka: Current Status and Way Ahead’, organized by Federation of Indian Chambers of Commerce and […]
- Using the Indian Rupee for economic transactions will have positive impact on the tourism and ho... (Category: Breaking News)
- Indian Rupee not a legal tender in Sri Lanka for domestic payments (Category: Breaking News)
- Indian Government allows Sri Lankans to hold $10,000 worth of rupee in cash (Category: Breaking News)
- RBI allows international trade settlement in Rupee (Category: Breaking News)
The Governor of the Central Bank of Sri Lanka (CBSL) Dr. Nandalal Weerasinghe has stated that Indian tourists visiting Sri Lanka can now use the Indian Rupee (INR) for local transactions.
Sri Lanka President Ranil Wickremesinghe said that any attempt to disturb the education system of the country, whether directly or indirectly, will not be permitted, and if required, new legislation will be introduced to address such conduct.The post Sri Lanka President says No one will be allowed to directly or indirectly disrupt education system appeared first on Sri Lanka Breaking News and Top ...
- Sri Lanka President’s 2023 New Year Message (Category: Breaking News)
- Let’s work together for a prosperous Sri Lanka – President (Category: Breaking News)
- Sri Lanka President says Cannot change Government by taking to the streets (Category: Breaking News)
- Express train service between Colombo and Talaimannar to begin from September 15 – President (Category: Breaking News)
Celebrating over three decades of service and support to grow microfinance customers across the island, Sri Lanka’s leading private sector bank HNB PLC, revived its annual trade fair and exhibition for Micro, Small and Medium Enterprises (MSMEs) The Gami Pubuduwa Pola 2023. Organised by the bank to showcase up-and-coming businesses in its portfolio, the trade […]
- HNB strikes Gold and Silver at SLIM DIGIS 2.2 (Category: Breaking News)
- HNB renews partnership with Indra Traders to offer exclusive benefits for registered and unregis... (Category: Breaking News)
- HNB launches Affinity Credit Cards packed with benefits for the members of Ladies’ College OGA (Category: Breaking News)
- HNB unveils the future of rapid customer onboarding in partnership with Lime by LinearSix (Category: Breaking News)
By Jehan Perera Slowly but surely the ruling party is beginning to reassert itself. An indication is the removal of Prof G L Peiris from the chairmanship of the ruling party. In the aftermath of the economic collapse last year he has been one of the few members from the SLPP to have adopted a […]
- Govt.’s economic narrative gains business support but Little else (Category: Breaking News)
- Elect a Prez capable of restoring constitutionalism, Church of Ceylon tells MPs (Category: Breaking News)
- An opportunity to break with the past (Category: Breaking News)
- Missing factor in roadmap to recovery (Category: Breaking News)
By Shamindra Ferdinando SLPP MP Prof. G. L. Peiris has found fault with the International Monetary Fund (IMF) for not paying sufficient attention to waste, corruption and economic mismanagement under the Rajapaksa-Wickremesinghe administration. The former External Affairs Minister emphasised the responsibility on the part of the lending agency to address these issues, particularly against the [...
- GL: Suspension of IMF bailout highlights failure to meet anticipated revenue targets (Category: Breaking News)
- GL: Constitutional constraints prevent President from holding snap presidential election (Category: Breaking News)
- Now, Opposition wants Finance Secy. hauled up before Privileges Committee (Category: Breaking News)
- GL: Cost of living intolerable, street protests inevitable (Category: Breaking News)
[…]The post The Magic 2048: What Is To Be Done To Make Ranilnomics A Reality? appeared first on Colombo Telegraph.
- Child’s Guide To Ranilnomics: Need Is Going For IMF Plus (Category: Breaking News)
- Economy 2024: More Challenging Than The Two Previous Years (Category: Breaking News)
- Can Sri Lanka Drive Itself From Bankruptcy To Prosperity In 2023? (Category: Breaking News)
- Global Technological Developments & How Sri Lanka Should Reframe Its Growth Strategies (Category: Breaking News)
By Shamindra Ferdinando National Freedom Front (NFF) leader Wimal Weerawansa, MP, yesterday (23) challenged Justice Minister Dr. Wijeyadasa Rajapakse, PC, to reveal the person who had allegedly received USD 250 mn to derail Sri Lanka’s bid to secure compensation for the X-Press Pearl maritime disaster, in Sri Lankan waters, in May/June 2021. Addressing the media […]
- Wimal alleges Ranil, Sajith, AKD pursuing IMF, India agendas (Category: Breaking News)
- Western powers back move to put off national elections indefinitely, warns Wimal (Category: Breaking News)
- ETCA, Indo-US strategy detrimental to Lanka’s independence – Wimal (Category: Breaking News)
- Prez should explain why he scrapped time-tested exchange controls – NFF (Category: Breaking News)
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